With increasing competition, changing customer needs and more demanding customers than before, companies are required to be at their efficient best to be able to deliver results to their stakeholders. Associated with this is the need to continuously provide and increase value added services to attract an ever increasing customer base. The need to improve efficiency and speed of operations, optimize cost, improve manpower utilization, quickly access market trends, and use business intelligence have compelled organizations to adopt processes and solutions that will help sustain their competitive advantage.
A research study reveals that nearly 40% of the respondents hold visibility of business processes across functions and departments a crucial aspect of their ERP strategy. To deliver goods and services to the customer, a number of processes require departments and partners to work collaboratively. However, the teams are unable to collaborate effectively because departmental applications are implemented without factoring in the integration needs of the organization. As a result data that is stored by one department is not available to another for execution of the downstream activities. This results in the maintenance of duplicate information, inaccurate data across departments and improper execution
Companies need a solution that can provide an integrated view of the data cross various functions, eliminating duplication of data and presenting a unified view of the data across business processes.
Often appropriate information is not available to management for decision making. Such information needs to be collated, prepared and disseminated requiring time and effort, often leading to delays in execution.. Moreover, in the absence of timely information, decisions are made based on perceptions without hard data resulting in poorer quality of decisions.
An intuitive solution must ensure easy retrieval of information; enable decision-makers to cull out highly relevant artifacts through powerful search and report capabilities integrated in the system. Custom built dashboards and analytics can provide indicators of the company’s health.
Research suggests that 65% of the respondents opine that streamlining and accelerating processes impact efficiency and productivity. Most companies are experiencing high growth rates over the last decade. This brings with it the challenges of streamlining business processes and deploying a standard set of business processes that are well understood throughout the company and which can be operated by all departments. In the absence of such standard business processes, the smooth flow of information across the organization would be affected resulting in bottlenecks
It is important to have a solution that implements flexible, industry standard practices to help the organization evolve a standard set of business processes.
Increased competition results in increasing pressure on margins. Companies react to these pressures by tightly monitoring and controlling all aspects of costs. Often extensive cost history is not available to determine whether a customer order or a product line has been executed within the budgeted costs. In such cases it is difficult to take appropriate actions to control costs. This results in erosion of profitability of the product line or the customer order.
Therefore it is imperative to have an processes to integrate cost accounting and tracking along with the transactions that are executed, thereby allowing cost information to be available at all stages of purchasing, stocking and manufacturing for purposes of cost control.
Our involvement with Industry processes has helped us gather insights into user perspective, the problems and requirements of our clients. Our product easi ERP reflect this expertise.easi ERP is backed by EXILANT—with experience in delivering mission critical solutions for Fortune 500 clients across the globe. easi ERP is supported by EXILANT’s unique philosophy of delivery—of being long term partners to our clients. We believe that the organization implementing an enterprise solution must benefit from best in class practices that are embedded in the product, while at the same time retaining its own defining characteristics. We achieve this through flexibility of design, incorporating gap analysis sessions in the project plan and emphasis on early user interaction.