Meet ERP Software Development and Why You Need to Know About It?

When you give ERP a search, you might get a lot of complicated and highly technical definitions and a list of ERP development companies, which may make you further confused as what is the all big fuss about it? Allow us to introduce to you it well.

ERP Software Development Company

What is ERP Software Development?

ERP, in simpler terms, is an acronym for 'Enterprise Resource Planning,' which is generally compared to the human central nervous system. Just as our body has different organizations like digestive, respiratory, renal system etc. who carry out their individual tasks but are bound together to the nucleus of our entire body, the central nervous system (CNS). Similarly, ERP is the CNS of an organization which a lot of ERP software development companies in India are into perfecting it.

A company has multiple business applications and operations such as procurement of goods and services, sale, and distribution, finance, accounting, human resource, manufacturing, production planning, logistics & warehouse management etc. An ERP software integrates all such business processes into a single platform in order to provide visibility, analytics, and efficiency across every aspect of the business. In short, it automates back-office tasks and streamlines cross-departmental workflows and when optimized, can drive efficiency, lower costs and increase profitability.

How To Decide For an ERP Solution?

A lot of ERP software development services in India, offer a variety of ERP solutions that anyone can easily get stuck at in picking one. There are Generalised ERP, Open Source ERP, Vertical ERP, Small Business ERP and then there is Custom ERP Development.

What is Customized ERP?

Since ERP is a huge investment of all, time, money and resources, anyone would wish it to be synced with one's business without any major glitches or expenses. For that, customization is the key. A customized ERP not only will benefit your business but will also empower your internal IT resources and system administrators to adopt the solution that fit your needs quickly and cost-effectively. It will also help you in eliminating unwanted or unnecessary features if any in your system as well as minimize the confusions among other departments seamlessly. If you need to know more of its benefits and uses, go through our previous blog and you will know why to customise it.

How Will it Benefit a Business?

Although, the advantages you gain after implementing ERP from an experienced ERP software development services in India are numerous, to name a few, here are the major ones;

Freedom of Customisation - What can be better than getting the freedom to customise? A custom ERP solution can be modified as per your business needs, thus reducing the unnecessary cost and improving the efficiency of your business.

Streamlined Workflow - An organisation with all its departments like CRM, sales, human resources, accounting, distribution, and production and its processes working in order, is a success. An ERP software will centralize all your workflow into a unified platform, making it easier for you to gather data of all at a time.

Excellent Customer Service & Security - The real-time updating of all data in it makes it accurate in everything which is why businesses today are taking interest in it. And to add more, nothing can beat its data security as its single source of data storage makes it less complex and highly secure.

Advanced Reporting - With ERP acting as CNS (central nervous system), all your multiple processes will become smooth and simple, which will make reporting of all easier, better and faster.

OK, What is the Cost of Getting it Developed?

It is no big secret that ERP development is a bit expensive, well, a custom ERP development in India won't burn holes in your pocket as it is priced as per the customised features you are implementing. And when you partner up with one of the best ERP Development Companies in India, Kanhasoft, forget pricing, installation, add-ons, maintenance and updates, none of them will be an issue ever as our ERP experts will handle all like a piece of cake.

Why businesses are opting for custom erp development?

Complete Customization

Major benefit of custom ERP solution is its modular formation it means “Get only what you need”. ERP solution can be created all the times with the modules as per the business needs. Each ERP software development is designed to be able to stand alone or integrate with the suite, so company can pick and choose which components work best for their business. This means that businesses are able to craft an interface tailored to their company’s needs and allow them with smooth working of the employee and quick acceptance of the software, as workflows or processes remains the same only technology changes.

Proper Organization

Streamlined Process

The main objective of any ERP software is to integrate all the functions of a business into a unified platform. Still there are many businesses where their data is stored in multiple locations and systems. By centralizing this data and streamlining the means of accessing data, ERP contributes to greater efficiency within a business model. ERP software integrates various processes which includes inventory and order management, accounting, human resources, customer relationship management (CRM) etc. that are essential to run a business enterprise from one single database.

Streamlined Communication

Efficient Customer Service & Data Security

ERP helps in maintaining up-to-date information and will also facilitate real-time updating of all data. This will help customer representative’s access accurate, updated data and deal with your customers efficiently. One of the biggest advantages of custom ERP is data security. After all, at the core of the ERP concept is data. What helps ERPs maintain a high level of data security is that it provides a single input system. Merging information from multiple systems often causes conflicts between sources, but having a single repository of information helps improve the accuracy, consistency, and security of your company's data.

Customer Intimacy

Improved Reporting

ERP helps making reporting easier and more customizable. With improved reporting capabilities, company can respond to the complex data request more easily. By having a single source of information, an ERP system can readily generate useful reports and analytics at any time. The main benefit of having Custom ERP application is that it offers better analytics to meet business needs and one can easily find the process that is more important and get the detailed analytics for it.

Better Reporting

Industries we have served

Storage Space

T-Shirt Printing

Food & Beverages

Education

Warehouse & Logistics

Ecommerce Sellers

Healthcare

Manufacturing

Service

Features

  • Customer Relationship Management (CRM)

    The CRM module helps to boost customer service, manages leads, opportunities and customer issues. CRM provides a 360-degree profile of customers to track the detailed information by consolidating data like their purchase history, communication history, calls, meetings and past interactions.

  • Sales & Marketing

    Module that handles sales workflows like sales inquiries, quotations, sales orders, orders placement, scheduling and invoicing. The more advanced ERP also features taxation rules, shipping tracker, track lost orders etc.

  • Human Resource Management (HRM)

    HRM streamlines the management of Human Resources and Human Capital. Also includes standard HRMS tools like time tracker, timesheet, and database for employee records, job profiles and skills matrix, performance reviews, wages/expenses and payroll system. Some ERP solutions also include LMS function under HRM to deliver training modules to their resources.

  • Manufacturing

    Engineering or Production module that helps businesses make manufacturing more efficient in areas, such as, product planning, materials sourcing, daily production monitoring and product forecasting. This module optimizes the product planning, utilization of the resources, material maintenance and manufacturing efforts.

  • Supply Chain Management (SCM)

    SCM covers key aspects including purchase order management, information flow and business forecasting. It manages product flow from production to consumer and, occasionally, vice-versa for returns or recalls. SCM also helps to predict the future demand of products and services which will further used to create a product plan.

  • Inventory & Stock Management

    Also called material management module, it helps you measure stock targets; standardize replenishments and other inventory goals. Inventory module facilitates the processes of maintaining the stocks in warehouse which involves the activities like identifying inventory requirements, setting targets, monitoring item usages and reporting inventory status.

  • Purchasing

    Purchase is one of the major modules that manage the processes involved in materials procurement and purchasing if raw materials. Some key activities are supplier listings; quotation requests and analysis; purchase orders; billing processes and stock updates.

  • Reports

    ERP solutions today feature advanced reporting that helps generating, updating, filtering and exporting reports in one click. The latest ERP reporting tools also allows to keep track of all the account related transactions, do required customization etc.

ERP Solutions Our Work

Storage Space CRM & Marketplace

A SaaS based ERP tool and a Marketplace platform developed for one of the leading real estate property company in South Africa. The marketplace platform allows general users to book space/units on rent from companies registered on the platform. The architecture of this system is on SOA with multi-tenancy. The main aim of this solution is to provide a common platform for tenants and storage companies for business.

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Project Management & CRM System

An end-to-end SaaS based Project Management & CRM system for any product & service company. Any company admin can create their organization account and a separate sub-domain is automatically created for them to access. Various modules include customer database, project management, quotation/work order/PO management, task scheduling, reminders, invoicing, reporting & communication module.

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Amazon ERP Tool

An Amazon API based Inventory & stock management system, which allows Amazon sellers to monitor their warehouse inventory, order management, invoicing, stock tracking and tracking Amazon store. System performs consolidation with Amazon store for inventory and based on the same informs the user whether new stock should be ordered or not and if yes, then how much quantity to order. Other modules include daily sales tracker, monthly/daily profit analyzer, negative review tracker and email campaign tool.

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