FUTURE TRENDS OF THE ERP INDUSTRY
Date: 09 February 2017
Erp systems have evolved in a big way since their conception. ERP systems are evolving at a rapid pace and catering to almost every need of a business. Automated processes and increased visibility has helped businesses reduce costs and increase productivity.
There are a number of trends that are growing rapidly in the industry today. The top trends are as follows.
Emphasis On Mobile Integration
With the increasing affordability of smartphones, the focus on mobile integration has rapidly increased over the past few years. With smartphones getting smarter each day, ERP solutions these days are also becoming mobile friendly.
Social Media Integration
As Businesses realise the importance of social media when it comes to generating leads and analysing user patterns more and more ERP vendors are now incorporating social media into their systems. Some of the ERP systems have interfaces similar to popular social media sites. Sales, Customer Service and Marketing can connect with customers and be in alignment with their needs, pains and requirements, allowing for purposeful marketing activities and increased brand loyalty.
Not Only For The Big Boys
ERP is no longer only for the ‘big boys’. With the increasing usability and cost effectiveness of a cloud deployment, many small and medium sized industries are keen on integrating ERP solutions. Cost effective solutions are the future of the ERP industry.
The Cloud Clout
Cloud deployment of ERP solutions are on the rise and most ERP companies are now working on their Cloud Based ERP solution. Reduced costs in capital expenditures and IT resources, improved maintenance and flexibility, as well as improved security and disaster recovery will make the cloud attractable to all businesses.
Focus On Security
With increased focus on digitization there is a huge threat of breaches and data mishandling. ERP companies are developing tighter and more secure systems to avoid breach. Security audits and risk management procedures are being adapted to ensure data is secure.
Accounting Friendly
Another advantage of ERP is in accounting application. It can integrate costs, profits and revenue information of sales. A company can know when to update its products through a dating structure. Quality can also be enhanced. Thefts and industry spying can also be prevented.
These 6 Benefits Of An ERP Software Will Make You Wish Your Business Had One.
Date: 18 January 2017
ERP is an integrated software program designed to optimize business operations in an enterprise. Amazing levels of strategic planning, management and operational control can be achieved with the successful implementation of the appropriate ERP solution. Below you will find 6 amazing benefits of an ERP solution that will make you wish you had one for your business.
Helps In Better Decision Making
An ERP software can help you take better management decisions, An ERP data is like a data bank that you can easily access that well informed decisions.
Help Build Better Strategies
Reports and plans generated from an ERP software can help you build better strategies for the future. You can crunch the important numbers and plan way in ahead.
Drastically Reduces Operational Costs
ERP can help you coordinate between various departments of an organization, increase productivity and therefore cut unwarranted costs. Centralized ERP systems can help you build better business processes, control inventory and lowers the overall production costs.
Easily Accessible
Most of the ERP systems available these days are seamless in nature and can be accessed from a smartphone, so even if you are out of the country you can still keep an eye on your business without much effort.
Great With Volumes
ERP software comes handy while dealing with high volumes because of its real time capability and future-based orientation. Your company will no longer be plagued by inventory shortage or wastage of time while transferring files. If you really want to scale up your business in the most cost effective and hassle free way then check out India’s best erp software at fcaintegral.com
Accounting Friendly
Another advantage of ERP is in accounting application. It can integrate costs, profits and revenue information of sales. A company can know when to update its products through a dating structure. Quality can also be enhanced. Thefts and industry spying can also be prevented.
Own A Manufacturing Unit? Here’s how you can increase its productivity using ERP
Date: 10 January 2017
If you think the functionality of an ERP software is limited to just automate business processes and their transactional data then think again, ERP can be very effectively used to streamline and improve operational efficiency drastically. If you run a manufacturing unit then you must be knowing the importance of productivity and how being more productivity can help you scale up both profits and operations drastically. In this article we will tell you how a ERP software can help your manufacturing unit increase productivity.
Implementing Your Vision
In a business long terms goal are as important as short term goals, hence planning is a very important aspect if you want to scale up hassle free. ERP software can help you in this regard. ERP specialize in translating data into facts, facts into information and information into insights. These insights can help you build a proper vision for your business. Wait! That’s not all an ERP software will also help you analyse your data, so that you can your manufacturing well in advance.
Loss Reduction
It’s a known fact that an ERP software can help you forecast demand and supply and also turn data into insights, you can use such data to micro manage your workforce. This will give a lot of time to adjust to changes if there are any. ERP software is specially designed to predict patters, optimize work force, increase productivity and cut losses.
Integration of data and design
An ERP software is specifically designed to cover your overall business operations. Consequently, the biggest impact of implementing ERP lies in the integration of information. Such an integration is critical from the point of view of the survival and success of a business unit. That’s because, decisions are time and resource critical. Any change or influence from the internal (controllable) and external (uncontrollable) factors can affect the decisions. And, having information at the fingertips can always improve the effectiveness of the time-and-resource-critical decision making. Such decisions, though taken at different levels of different departments, will still be cohesive and move the organization in the same direction.
Optimizing Organisations
We saved the best for the last, you know the best part about an ERP software is that it will help you in optimizing your manufacturing operations. You can use the software to switch people and tasks depending on their productivity, that you can manufacture much more in much less time.
There are a lot of ERP solutions in the market but we recommend FCAIntegral as they have a highly experienced team, a responsive erp software and hassle free integration. The best part is that they provide a free demo. You can go give them a visit at fcaintegral.com
5 Features of An ERP Solution That Make It A Match-winner
Date: 05 October 2016
Enterprise Resource Planning or more popularly known as ERP is a software package that integrates seamlessly with a company's function and operations so that it can provide enhanced information hassle free and at a click of a button. An ERP adds a lot of value to a business like improving work flow, providing real time statistics, better customer care and many more.
To summarize an ERP solution can increase the productivity of your company drastically which in turn will help you make more profits. The numerous advantages that an ERP software brings to the table has made it a necessity for manufacturing industry, transportation sector and retail stores. Though an ERP software is loaded with a lot of features, in this article we will talk about the top 5 features that make ERP a match winner.
Human Resource Management
With greater technologies come greater advancements, gone are the days when Human resource ERP modules were restricted to handle just payroll and employee management. The latest solutions are now well equipped to handle varied number of tasks such as talent management, recruiting, performance assessment and many more.
Financial Management
Let’s face it if you are running a business there is a very strong chance that financial regulatory bodies are constantly scrutinizing you, this makes having a sound financial management an essential component of an ERP solution. A financial management module offers several benefits. It ensures that companies adhere to financial reporting and tax requirements. Also, managers can boost financial performance with real-time tracking of expenses by improving cash flows and maintaining more accurate and timely financial reporting.
Supply Chain Management
The market these days have become highly competitive so how can an ERP help you with this regard? Well the answer is simple ‘CORRECT ASSESSMENT OF DEMAND & SUPPLY’. Apart from this an ERP software can also keep you updated on the manufacturing status, logistics and distribution. You can check out FcaIntegral.com, they have one of the best and cost effective erp solutions
Third Party Inter-Operability
No two businesses are same and even if they are, chances are that they have some uniqueness in their operations or requirements. It calls for additional arrangement to satisfy those unique needs if it is not addressed in their existing ERP system. Therefore, it is important that the ERP solution is scalable and interoperable without any integration nuisances.
Customer Relationship Management
Your customers are the most valuable asset to your business. If you have a large database of customers than managing each and every one to their satisfaction is a daunting task. A customer relationship management module (CRM) ensures proper flow of information between sales team to address the needs and marketing team to understand the buying preference and patterns.
