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Mobile App

FuGenX Technologies

FuGenX Technologies is one of the leading mobile app development company .We have been developed best apps which are top downloaded in…

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Inventory & Supply Chain

Taxpay

TAXPAY is VAT and GST ready Billing Software, Providing the advanced POS, multi-outlet retail, and inventory management system for all…

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$20
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Accounting & Finance

Brightbook

Brightbook is a completely free software makes invoicing a very easy task. It offers invoicing, instant insights along with accounting…

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Free
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Online & E-Commerce

Best Yii Development Company in India

Yii – A highly professional framework to develop fast & secure web applications and also allows developers plenty of freedom…

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Education Software

SchoolCube

SchoolCube is a school management platform that helps with courses, fees, registration, application, academics and more. SchoolCube is a powerful…

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Pricing on Request
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Other Software

Wave Reaction

Software Description: Wave Reaction is a cloud-based SaaS which is quick and simple to implement. We’ll help you succeed in…

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Hospital & Healthcare

expEDIum

Software Description: iTech delivers best of breed, cost effective and easy to use secure Healthcare Solution to Medical practices, Hospitals,…

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Accounting & Finance

Sage Intacct

Sage Intacct is cloud based accounting and finance solutions for large enterprise. Sage Intacct Features Accounts Payable Accounts Receivable Cash…

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Pricing on Request
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Education Software

Easy LMS

Founded in 2013, Easy LMS is a user-friendly, intuitive and easy-to-distribute Learning Management System and a one of a kind…

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From $20 per month
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ERP Software

Hostaway

Hostaway is the world’s leading vacation rental customer relationship management software, perfect for those with 5 to 1,000+ listings. We…

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Buyer’s Guide – ERP Software

An ERP – Enterprise Resource Planning software deals with business management functions that are housed within the organization. It takes care of all the back office operations and integrates with mobile devices. The best feature of ERP systems is the fact that it operates in real time and is used as a common go-to platform for almost all applications. ERPs are the next big thing as many roles and responsibilities are being included in the systems from project management to human resources management. ERPs give the most effective solution to perform business processes in a simpler way.

Scope

The term ‘ERP’ when googled, gives multiple meanings to a single abbreviation. Understanding that there is a single software platform to keep your business running is overwhelming. From account management, financing, CRM, human resources, inventory and order management, ERP systems integrate everything under one roof and serve them in a plate. Rather than investing in many software solutions for your business, investing in ERP systems makes it a lot easier to understand roles and functionalities and is also easier on your pockets. While ERPs were bought by large scale industries previously, it is now preferred the most by SMBs. With the emergence of Cloud ERP, these systems are fit for businesses large and small. A business can benefit from ERP systems in uncountable ways and we shed some light on the most prominent ones:

1.  Real-time data

Wiping out the need for stressful spreadsheets of data and a large storage space that holds data that is no longer useful, ERPs generate real-time data. This enables managers and organizations to take proactive approaches to business problems. Analyzing business processes thoroughly before getting your hands wet is a good approach to using ERP systems.

2.  Automation

A more cost-effective way of running a business, is automating processes than employing thousands of employees to do a repetitive task. This leads to more efficiency in calculations and predictions. Since, almost all of the jobs are revolving around automation, ERP systems allows you to produce faster, reliable and fault-free information.

3.  Flexibility

The need to integrate to multiple systems comes with a lot of drawbacks. The ability to store data on Cloud provides 24/7 access to data as well as increased security. ERP software provide solutions based on the size of the business, role and the market conditions.

Cloud ERP Vs. On-Premise ERP

The two main advantages of Cloud ERP involves the flexibility towards the size of the organization and cost reduction with increased data storage. Security is also a matter of debate as On-Premise ERPs installed in an organization’s system may pose future threat. When information is stored in the cloud, it can be accessed anywhere, anytime as opposed to On-Premise ERP. Cloud ERP eliminates the need to maintain large database systems and update them from time to time. Cloud or On-Premise, ERPs are definitely a bonus to your business and analyzing your business processes will keep you on the right track.

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