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Simplify Business Processes With ERP Solution By BTC
Simplify complex business requirements with the flexible, accurate and rapid system.
Previously businesses had some sort of accounting, finance, or HR process and functions but the software systems they had often worked separately. What makes modern ERP software different is that it brings all these different processes to one table to collaborate and create one integrated system.Current solutions also allow each department to see what the other department is doing. This results in accounting and HR can easily collaborate with customer relationships and sales.
Enterprise Resource Planning (ERP) offers great benefits to the business management system. It offers a comprehensive view of sales, HR, profit, expense, and income. In addition to this, it also adds value to productivity and effectiveness, it also offers tools to improve and simplify the company’s operations, including:
- Income statements
- Balance sheets
- Supply chain
- A financial accounting system
ERP companies can have maximum efficiency, accountability, and profitability as it simplifies financial statements, records, and back-office management processes.
Lets discuss how ERP is simplifying business processes
Comprehensive Report System
ERP system provides the company with detail information almost instantly such as sales, order management, billing, accounting, and budget reports. Comprehensive report system helps to understand data and take smart financial decisions about the company’s current state and for future planning.
Simplified Income Statement
Income statement gives a detail report of the company’s revenue and expenditure. These statements are compiled using information from ledgers, expense reports, and financial reports. ERP software compiles information from ledgers, employee journals, financial statements, and expense reports into one comprehensive income statement.
Gives Balance Sheet
ERP solution gives balance sheet history in addition to making a balance sheet and making them easier to read by making them comprehend. This information is important for proving to potential lenders and government agencies that your business is compliant with current laws and regulations.
With ERP system companies can view general ledger accounts anytime with financial transactions updates. You can also drill down from ledger accounts to specific journal lines for easy transaction viewing.
To make the maximum use of ERP system benefits, your financial department must assure these:
- Each individual in your organisation who creates a source transaction which ends in a financial result needs to be aware of their part.
- Actively encourage process audits, system audits and configuration audits.
- Ensure you have a reporting tool capable of all the requirements needed by the finance team to generate the information business requires quickly and efficiently.
ERP solutions offer ways to manage company data and streamline employee management tasks like payroll, hiring, employee information, and other duties. You could also track employee performance and evaluation, and identify HR problems before they even happen.
This function of ERP software improves business communication, automates daily processes, and offers manufacturers the ability to fulfill customer needs and manage resources by accessing real-time data. This solution also optimizes project and cost management as well as production planning for manufacturers.
You can easily save time and money now by automating your company’s functions by tracking down inventory in your warehouse with these processes with ERP. Modern solutions also offer dashboards and business intelligence to help you get a handle on your inventory management.
SAP Business one is an ERP software designed to serve many small and medium enterprises industries like sales, retail, wholesale, manufacturing. It is a powerful system to handle all your business department and bring effectiveness through its innovative and streamlined solutions. It forecast business solution and with business intelligence, it gathers data from different sources and makes report and analysis according to that, thus, helps in managing different functions of financials, sales, and inventory.
- Maintain cost-effective production
- Control sales process and customer services efficiently
- Give accurate insights into business processes
- Flexible and adaptable
- East to implement and affordable
- Serve to track purpose
SAGE 50 is a desktop app for accounting solutions for SME. It offers features that bring accuracy and efficiency in your business with easy accessibility, such as, of taxes, invoicing, budgeting, cash flow, inventory etc. Sage 50 provides a large number of inbuilt reports to help you analyze the business situation deeply and take decisions according to the analysis.
- Easy management of VAT operations
- Give the business document a professional edge
- Control inventory with stock valuation and audits
- Secure cloud access and backups
- Trade in multiple currencies
- Work whenever you want from anywhere
Sage 300 (formerly called as Sage Accpac) integrates all aspects of your small and midsize business which creates streamline and efficiency in the business. It brings scalable, comprehensive and customized features to your business.
- For small and medium-sized business
- Supported on Premise and/or on Cloud
- Reduce cost
- Serve a large number of industries like financial, public, trading etc.
- Deals in multiple currencies and languages
- Simplify functions of CRM, financial, sales and inventory management
- Personalization and customization tools
HRMS provides a solution for your business needs of payroll management, recruitment, attendance system, leave and document management and other HR functions. It eases the work of human labor and reduces the cost with a more flexible solution where a data can be reached whenever and wherever you want. It gives technological solutions which secure data on cloud premises.
- Manage your workforce
- Increase productivity with automating the processes
- Control learning processes and manage the course offerings through an online portal
- Higher employee satisfaction and productivity due to increased autonomy
- Align employee objective with your organization