ERP for SMEs

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Pin on Force Intellect eProcurement Software

Force Intellect e-Procurement Solution automates, streamlines Procurement. Save Procurement Cost, Time, Efforts with e-Procurement Solution.

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Spectrum ERP is an end-to-end ERP Software Solution developed for Manufacturing SMEs to maximize efficiency and drive profitable growth

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Know the importance of supply chain management and the role of supply chain management in organizations's success. Read how SCM can help in growth of an organization

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What is a Purchase Indent? | Purchase Indent Format

Purchase Indent is a formal document to authorize the requisition of materials for creating a purchase order. It can be prepared online via ERP or in Word Format or Excel Format. It is a crucial document that helps manage inventory better and establish material requirement discipline within an organization. If proper purchase indent practices are followed it will help curb mismanagement and save the working capital of the company.

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e-Invoicing under GST

GST e-Invoicing is a measure to introduce standardization, interoperability, easier compliance. ERP facilitates smooth, easy implementation of e-Invoicing.

Are you ready for e-Invoicing?

eInvoicing is going to be mandatory for Indian companies with turnover of more than 100 crores from January 2021. Learn how to get ready for e-Invoicing.

https://www.forceintellect.com/2020/11/17/gst-e-invoicing-erp/

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Benefits of ERP Implementation | Benefits of ERP System

Benefits of ERP are standard business proceses, improved collaboration, higher productivity, efficiency, reduced costs, speed in business.

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What is Inventory Valuation? | Inventory Valuation Methods

Inventory Valuation is the monetary value or financial worth of your closing inventory. There are 3 popular Inventory Valuation Methods: First in First Out (FIFO), Last In First Out (LIFO) & Weighted Average Cost (WAC). Choose an inventory valuation method that suits your organization’s financial goals.

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ERP Implementation Preparation | Getting Ready for ERP Implementation

This article outlines important aspects a company should take into consideration for getting ready for ERP implementation methodically & systematically.

Getting Ready for ERP Implementation

Preparation is the key to success! What are the most important aspects in getting ready for an ERP implementation? Read these step by step guidelines to ensure a successful ERP implementation  

https://www.forceintellect.com/2020/10/20/getting-ready-erp-implementation/

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ERP Contract : What Points Should be covered in an ERP Contract?

ERP Contract is a formal agreement that specifies the scope of work, roles & responsibilities, expectations from both sides, for implementing ERP.

ERP Software implementation is a long term activity and investment.Therefore it is very important to start this relationship on the right note, where both parties have a clear understanding of the objectives and expectations right from the beginning. Read more to know about ERP contract importance and key points

https://www.forceintellect.com/2020/10/13/erp-contract-important-points/

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ERP Project Team | Structure | Roles and Responsibilities

Who should be part of your ERP Project Team to ensure successful ERP Implementation? Learn more about ERP Project team, structure, roles & responsibilities.

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ERP 2.0 connects people, processes, and resources within and outside the organization. It provides real-time accurate information to employees, vendors, customers alike. It eliminates redundant processes and improves communication, collaboration, to make data-driven, timely decisions.

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Common Manufacturing Problems that ERP Solves | Force Intellect

Some Common Problems faced by manufacturing companies are Lack of Proper Data, Integration of Operations & Locations, Maintaining Optimum Inventory, Ensuring Optimum Utilization of Resources, Increasing Employee Productivity, Controlling Costs, Ensuring On-Time Delivery ERP software helps streamline, automate business processes, integrates operations, helps implement effective policies and procedures to achieve business discipline. All these helps overcome problems faced by manufacturing companies.

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Importance of aligning IT Strategy with Business Strategy | Force Intellect

Aligning IT strategy with Business strategy enables leveraging IT for achieving strategic objectives like increase productivity, improve profitability, more

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If you are looking to grow your business & increase the profitability of your business, be extremely vigilant about every area of your business. Define KPIs and monitor your performance religiously. Keep a close eye on any signs, symptoms, indicators that can help you Plug the Leaks. As they say, A Stitch in Time, Saves Nine.

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ERP Project Management | ERP Project Best Practices

ERP Project Management best practices enable effective management of people and work to ensure ERP Projects implementation on time and within budget.

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How ERP helps Implement Standard Operating Procedures | Force Intellect

Standard operating procedures are step-by-step instructions to carry out operations in the most efficient & effective manner in your organization. Standard Operating Procedures provide complete clarity, direction, and roadmap to bring uniformity, consistency, improve efficiency & speed of operations. ERP software provides the technology platform to implement SOPs companywide and ensure strict adherence to SOPs in the company.

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ERP Implementation - Planning & Selection Guide | Force Intellect | ERP for Manufacturing | ERP for SMEs

ERP Implementation – Planning & Selection Guide The objective of this ERP Planning & Selection Guide is to become a ready reference for business owners, who are considering ERP implementation and need to know the Best Practices to prepare thoroughly for a successful ERP Implementation.

Everything you need to know about ERP Planning & Selection

ERP Software journey requires meticulous and detailed planning at every stage. Read our comprehensive, step by step actionable article, to carry out immaculate planning & preparation for ERP implementation.