Supply Chain Management

Supply Chain Management Module involves planning, execution, control, and monitoring of supply activities. It takes care of physical aspects of supply that includes storage and transportation and the market aspect of effectively managing demand and supply to meet customer demands. Our feature-rich ERP software adds value to the entire chain starting from material procurement to end- customer product delivery.

 

Moreover, it coordinates and integrates three key flows: material flows, information flows and financial flows. As the operations become more extensive and globalized, the integration of SCM becomes all the more important.

 

SCM can also support multiple modes, such as make-to-order, engineer to-order and configure-to-order and provide operations support across multiple sites in real time. Make use of the SCM model to streamline the path your products go through from supplier to warehouse and finally to store for customer and as a result, avoid supply chain disruption.

Point of Sales

In the current decade, POS solutions have evolved to keep pace with today’s increasingly demanding and well-informed consumers. If they are unsatisfied with the choices or service levels you offer, they can, with mobile devices in hand, instantly access a limitless set of alternatives. As a result of such extreme competitive pressures, modern POS has evolved far beyond a payment and accounting system to become not just point of sale, but also point of service, driving highly individualized interactions that consistently gratify customers in the moment.

 

For example, a point-of-service solution empowers retail associates to save sales and even increase basket size with real-time visibility into inventory as well as a customer’s purchase and online browsing history. Hospitality associates can elevate the guest experience, from faster delivery of personalized orders to seamless application of loyalty programs and other targeted offers.

 

Our modern POS system can help drive down costs and improve margins, all without sacrificing service levels. For retailers, that means saving and even increasing in-store sales with empowered commerce capabilities that allow customers to buy, pick up, or return items via any channel. For the hospitality industry, modern POS maximizes both inventory and staff productivity. Both retail POS and restaurant POS provide advanced analytics that drive leaner operations, more profitable offers, and more effective promotions.

Sales & Receivable Management

Accounts Receivable Module helps in tracking all the invoices that is awaiting payment from customers. The key functionalities of AR are:

 

– Accounts classification for reconciliation & Control.

– On-line credit management.

– Reminder letters with varying degrees of severity.

– Aging Analysis reports for review.

– Interest for late payments.

– Customer statements.

 

Sales Order, Delivery Order and Invoicing can all be generated with a single click through the AR module.

Purchase & Payable Management

Accounts Payable Module provides the functionality to enter, monitor, maintain and process payments of invoices and credit notes, that the organization received from its vendors.

The key functionality of this module is as follows:

 

– Immediate registration of incoming invoices

– Tracking & Authorization of incoming invoices

– Entry of order-based and sundry invoices

– Automatic matching of invoices with receipts

– Separate procedure for approval of invoices that exceed user tolerances

– Self-Billing Invoices – suitable for JIT environment where receipt of goods automatically generates approved invoices in the system which are paid through remittances and supplier need not send any invoice.

– Accounts Classification for reconciliation

General Ledger

The General Ledger is the core part of accounting functions of any business. Through integration with logistics, business processes as well as with accounting sub ledgers of other finance modules such as accounts payable, accounts receivable, cash management, GL provides a central pool of accounting data required for financial reporting (including statutory reports) and other purposes. One of the important functions of GL is real time updates of sub ledger, thus eliminating time-consuming reconciliation. GL also provides summarized data for use in planning, control and reporting. The important components of GL are:

 

– GL master data set up.

– GL integration set up with logistics modules.

– Period and year closing.

 

Integration with other modules is easy and generally recommended.

Fixed Asset Management

The Fixed Asset Module categorizes the fixed asset to the category it belongs, the location at which the fixed asset is placed/installed which shall include the place, the department in which the asset is kept, and the barcode assigned to it.

 

Fixed Assets Tracking System (FATS) is equipped with various other listings of location(s), department(s) and sub-department(s) which are recorded and maintained with the aid of input modules for each. The user has the flexibility to define regions/branches, departments and sub departments that they think fit. Each location/department/sub-department is assigned a barcode ID. FATS is capable of generating barcode labels based on the parameters provided by the management for fixed assets and locations, departments and sub-departments.

 

Under the Fixed Asset Module is the umbrella module of Fixed Assets Accounting. This depreciation-based module is designed to cater to both the accounting and tax requirements of the enterprise. It will be quite flexible so as to accommodate any number of parameters like depreciation method, the useful life, the tax restricted cost etc. both for accounting and tax purposes. Based on these parameters, the module will calculate and record book values, depreciation charges for each financial year end, both for accounting and tax purposes.

Human Resource Management

For every business, there are multiple keys to success. One of the most important is your staff. If you manage your employees in the right way and offer them the information and systems they need to do their jobs, you could see business running smoothly and profits on the rise. This is often easier said than done though, as it can be a real challenge to effectively manage employees. That’s where our Human Resource Management Module comes in.

 

Once all the HR related parameters are recorded in the database, the employee information, employment contract form will start extracting the data from the pre-recorded HR databases. The HR cycle will start from Job/vacancy Ad posting, and will continue through CV collection, short listing, interview calling, screening, and hiring, up to employment contract details.

 

The HR module will help you track different people-related functions, such as planning, payroll, administration, development, hiring, and more. Business services, like Standard Operating Procedures, job postings, news, forums, tracking of work hours, and benefits, etc., can all be unified under our HR module, which makes overall management and decision-making easier.

Payroll Management

Payroll Management (PM) processing is the backbone of an organization’s operational and employee satisfaction focus. The Payroll Module facilitates organization by automating the processes involved in employee compensation, applying and deducting taxes, leaves and loan monitoring and ensuring that the relevant employee rules are complied with. All the basic information about the company, employee, company policy etc. will be input through this module (In addition to attendance through integrated attendance machine), and these values will be then formulated to calculate employee salary at end of period without any manual calculation. These reports will be available in the software to track and audit the payroll module periodically.

Inventory Management

Excess or shortage of supply, theft, damage or shelf life are few of the huge inventory risks that SMEs face. If these risks are left unattended, they can have a serious effect on the organization’s bottom line. Shortage of inventory results in dissatisfied consumers, less sales and higher handling and transportation charges. Apart from these, it also increases expenses on space.

 

The Inventory Management Module can effectively manage these risks and control inventory for business growth.

 

Inventory Management Module does the following:

 

– Track locations, transaction histories and costing

– Automatically calculate the quantity of materials and its precise weight

– Flawless delivery process

– Collect data instantly while you receive, discard, pick and pack