Corporate Management Intelligent System

$250/Year (Launching Price)

Enterprise resource planning (ERP) is a software system that helps you run your entire business, supporting automation and processes in finance, human resources, manufacturing, supply chain, services, procurement, and more. Gain an edge with industry-specific processes, built-in compliance, and best practices learned from decades of experience working with companies around the globe. Get the most benefit from intelligent technologies by deploying them in the context of your specific industry.

Category: ERP

SKU: 3452343

Each ERP module is designed for specific business functions, providing the data and supporting the processes that will help those employees do their jobs. Every module plugs into the ERP system, so the system provides a single source of accurate data, even as the business adds new modules. If the ERP system is the toolbox, the modules are the screwdriver, wrench, hammer and other tools in the box that each have specific uses.

Diagram of ERP benefits

Higher productivity: Streamline and automate your core business processes to help everyone in your organization do more with fewer resources.

Deeper insights: Eliminate information silos, gain a single source of truth, and get fast answers to mission-critical business questions.

Accelerated reporting: Fast-track business and financial reporting and easily share results. Act on insights and improve performance in real time.

Lower risk: Maximize business visibility and control, ensure compliance with regulatory requirements, and predict and prevent risk.

Simpler IT: By using integrated ERP applications that share a database, you can simplify IT and give everyone an easier way to work.

Improved agility: With efficient operations and ready access to real-time data, you can quickly identify and react to new opportunities.

Finance	The finance and accounting module is the most important ERP module because it allows businesses to understand their current financial state and future outlook. Key features of this module include tracking accounts payable (AP) and accounts receivable (AR) and managing the general ledger. It also creates and stores crucial financial documents like balance sheets, payment receipts and tax statements. The financial management module can automate tasks related to billing, vendor payments, cash management and account reconciliation, helping the accounting department close the books in a timely manner and comply with current revenue recognition standards. It also has the data that financial planning and analysis employees need to prepare key reports, including profit and loss (P&L) statements and board reports, and run scenario plans.
Procurement	The procurement module, also known as the purchasing module, helps an organization secure the materials or products it needs to manufacture and/or sell goods. Companies can keep a list of approved vendors in this module and tie those suppliers to certain items, helping with supplier relationship management. The module can automate requests for a quote, then track and analyze the quotes that come in. Once a company accepts a quote, the procurement module helps the purchasing department prepare and send out purchase orders. It can then track that purchase order as the seller turns it into a sales order and ships the goods, automatically updating inventory levels once the order arrives.
Inventory Management	The inventory management module enables inventory control by tracking item quantities and location down to individual SKUs. This module offers a complete picture of not only current but also incoming inventory, through an integration with the procurement tool. This piece of software helps businesses manage inventory costs, making sure they have sufficient stock without tying up too much cash in inventory. An inventory management application can weigh sales trends against available product to helps companies make informed decisions that boost margins and increase inventory turn (a measure of how often inventory is sold over a certain period). It can help prevent stockouts and delays, which enhances customer service. Businesses that lack other supply chain management modules may also use the inventory management application to handle purchase orders, sales orders and shipping. Larger organizations will need a version of this solution that can track inventory across multiple locations.
Execution Management	An order management module tracks orders from receipt to delivery. This piece of the ERP feeds all orders to the warehouse, distribution center or retail store after customers place them and tracks their status as they’re prepared, fulfilled and shipped to the customer. The order management module prevents orders from being lost and boosts on-time delivery rates to keep customers happy and cut unnecessary expenses for expedited shipping. More advanced order management applications can help a company determine the most cost-effective option for fulfilling an order—a store vs. a warehouse vs. a third-party fulfillment partner, for example—based on available inventory and the buyer’s location.
Prospects Management	Just enter the name of the third party and the type of third party (prospect and/or customer) to create it in your database. A unique customer reference code will be automatically generated according to your numbering rule. Record any other data (email, address, language, tags, ...) for a more complete and accurate management of your third party database. If the predefined fields do not suit you, you can easily create all the attributes you need as custom fields with the datatype of your choice (string, amount, date, combo list, checkbox, ...) Attach any notes or files to your prospect/customer sheet. If you have plenty of sales representatives in your team, then you can assign them to dedicated prospects or customers, so that you can get statistics per sales representative (Sales, Margins, Events etc.). Merge third parties to remove duplicate records.
Sales Management	The sales module executes roles of order placements, scheduling, create new items, give quotes and estimates to clienteles, copy and modify existing items, and its shipping, etc. Also, the sales and distribution management takes the duty of creating sales and accomplish the distribution channel for making a profit.
Procurement Management	ERP system procurement has various features and benefits to support your business activities. These key features can be your reference to the improvements you can make in the procurement process in your business. Therefore, you do not need to hesitate anymore to get this system t to facilitate your operational activities. There are several reasons why you need an ERP system procurement for your business: ERP system procurement is connected to three other modules: inventory management system, CRM sales, and accounting system. The integration of this software can make it easier for you to carry out your business operations efficiently A strong reason for you to need ERP system procurement is its easy use. This system provides many features to easily access your business procurement data wherever and whenever you are. The importance of this system will help you keep business operations under control. This system already facilitates you with excellent features, such as RFQ, PR, and PO. These features can help you track and supervise procurement processes within your company. Therefore, you can keep business processes running smoothly and avoid fraud or misuse of data.

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