Why ERP is important to your Business

                         

 Why ERP is important to your Business : 

ERP means Enterprise Resource Planning 

Resources of an organization should be utilized properly with proper planning ,So here ERP comes handy 

ERP is important to the business

Why you need ERP

ERP stores all entered data into a single database, allowing all departments to work with the same information.

Instead of using different software for different department ,one ERP does all the work ,One ERP for all the departments 

Data can be organized, analyzed and made into reports using ERP 

ERP brings together customer management, human resources, business intelligence, financial management,inventory and supply chain capabilities and many more into one system

ERP assist your business in many ways .Lets have a look of Absolute ERP details 

CRM-Sales & Marketing

 Lead Management

 Customer details

 Customer Enquiry

 Quotation to Customer

 Performa Invoice to the customer

 Invoice to the customer

 BOM against customer Enquiry for direct cost estimation

 Sales Contract/Order

 Capturing of Dispatch Schedule

 Delivery Order as Manufacturing Clearance against Sales Order

Production Planning

 Bill of Material (BOM) of Assembly

 Bill of Material (BOM) of Sub-Assembly

 Bill of Material (BOM) of Component

 Internal Order for Make to Stock items

 Production Order based on component MRP

 Material requisition Planning (MRP) for Raw Material based on

Production Order

 Production Scheduling

 Manufacturing Order Creation Against Sales Order

Material Requirement Planning ( MRP)

 Material requisition Planning (MRP) for Component based on

Production Schedule

 Material requisition Planning (MRP) for Bought Out Items based on

Production Schedule

Indenting

 Indenting of Material based on MRP

 Indenting of Material-to-stock

Raw Material Purchase Management

 Purchase Enquiry

 Quotation Comparisons

 Purchase Order Entry

 Order with Amendments, Cancellation & Reminders

 Linking of Sales Order with Purchase

Order/Manufacturing Order

 Pending Order MIS

Raw Material Inventory Management

 Goods Receipt Notes (GRNs )

 Inspection Of Material

 Bill Passing for multiple GRNs

 Landed value computation

 Stock adjustments

 Raw Material wise/ group wise stock

 Material Issues to Sub-Contractors

 Material Issues to Production for processing

Manpower & Work Planning

 Work/Job /Manufacturing Order to factory for one item of production

order with Process wise Planning

 Process wise / Period wise Targets in Job / Manufacturing Orders

 Process wise Allocation to Work-Stations in Job / Manufacturing Orders

 Process wise Allocation to Supervisors as a Worker

Task Allocation in Job / Manufacturing Orders

Production & Control

 RM issue to Production Work Orders

 Shift-Process-Machine-Operator wise production capturing against

work/MO/Job Order

 Process to Process Issue & Routing

 Process wise outsourcing of work (job work) by Job Sheet/Route

Sheet/Job Card against One Production Order Item

 Process wise Stocks

 Component Production Declaration

Outsourced/Job Work Management

 Material issue to Job Workers Orders

 Create the Challan To issue the material to the job worker

 Calculation of the cost for job work & effecting the financial statement for the

same

 Return Material Capturing against Issue Slip/ Challan

 Reconciliation Of Material with the Challan

 Stock Report Of The JOB Worker Site.

Quality Control

 For Inward Material

 Raw Material

Stores Material

Consumables

 For Production

 Process wise Q.C

 For Outward Material

 Finished Goods 

Approval System

 Multi-Level Approval System

 Approval For Sales

 Quotation

 Sales Order

 Invoicing

 Approval For Purchase

 Purchase Orders

 Bills

 Approval For Production

 Manufacturing Orders, Requisitions, Indent Requisition etc.

Store Inventory Management

 Bar Coding

 GRNs creation fro receiving of the material for material

 Delivery Orders/Delivery Challans to move out the stock from the store

 Multi-Ware House Inventory Management

 Inter-Division, Inter-Warehouse transfer

 Damaged Stock Report

 Physical Stock Verification

 Stock Adjustments

 Issue against the department requisitions

 Raw Material, Semi-Finished & Finished Goods Inventory

 Material Parameter Wise Inventory

Finance & Accounts

 General Ledger

 Entries for income and expenses head wise

 Cash Flow Management

 Trial Balance, Profit and Loss account & Balance Sheet

 Debit note and credit notes

 GST Calculation & Reports

 Bill & Invoice Ageing Report

 Receivables/Payables Management

 Cash Flow Management

 Day Book

 Cash Book

System Administration

 Configuration Management

 Security Management- User rights and controls

 Data Freezing

 Tests for data entry errors and rebuilding

 Backup Management

 Rectification of procedural errors like allowing editing after approvals

 Accounting year carry forwarding routines

HR & Payroll

 Employee On-boarding

 Documents Upload Management

 Leave policy/Attendance policy/Expense Policy/Loan Policy management

 Assets Management

 Employee engagement

 Employee Finances

 Attendance/OD Management

 Payroll Generation with Auto Arrears

 Relieving Process

 Biometric Integration/Web Clock-In option for attendance

 Shift Management/ Leave Management/ Loan Management

 Expense Management

 Statutory Forms of PF/ ESCI/ Professional Tax/ Wage Register etc

 Income Tax Computation with Form-16 generation

 Computation of The Taxes

Project Management

 Create Project :

You can create a project with the project details like Project Name, Start Date, End Date etc.

 Budget Planning :

You can create budget for the project, budget for raw material, budget for expenses, budget for labour etc.

 Create Milestones :

You can create different milestones/stages as per the requirement and flow of your project & can define the

work of the project to be done in every milestone/stage.

 Add Tasks :

You can add tasks in every milestone to complete the work of milestones.

 Assign Tasks :

You can assign all the added tasks to different personnel who will complete the task.

The personnel can view all the tasks in pending task tab & after completion they will update the status of task.

 Project Status :

In Project status you can view the status of every project in % that how much it is completed & how much it is

not completed yet & you can check the completion or incomplete on a single click.

 Project Reports :

At the end you will get real time updated project reports, automated Cost Sheet & Actual vs Budgeted report

Please like and share if you find it informative 

Looking for Customized Software solutions as per Business requirements, we are always ready to assist you 

Why to choose Absolute ERP

Improves productivity 

Integrated business modules

Improve accuracy

Reduce Errors

Save time 

Interactive user interface 

Many more 

For Demo & for sales query 

Please email us to Mintoohrconsultancy@gmail.com