Applications and Uses of ERP Solutions

ERP or Enterprise Resource planning solutions help organization streamline the multiple, diversified, resources and processes, with the common goals of a business – productivity and profitability.

Through a single interface in the ERP, organizations can consolidate the business processes of various departments and bring them under “one-roof”. The different business units of an organization have a shared database, to support their various functions.

With an ERP solution, many business processes can be automated and synchronized . This replaces the need of doing manual data entry or maintaining separate databases or spreadsheets. Business units get streamlined into one system, where each one gets access to the information they require with respect to their unit or another’s. For instance, the Accounts department can drill out reports on the sales order. Or the sales order in turn can view the status of pending invoices. This way, business units leverage on the integrated systems of an ERP that helps them function in a coordinated manner, saves time and avoids duplication of data too.

Uses of ERP

ERP solutions can be customized to suit your business requirement . Some of the basic functions carried out by an ERP application are:

  1. Inventory and Order management(Supply Chain management)
  2. Accounting
  3. Manufacturing
  4. Payroll
  5. Human Resources
  6. Customer Relationship Management

ERP Applications

ERP applications have evolved over the years, ever since their entry into the software market. Diverse technologies have come into play to make ERP systems robust, customizable and flexible.

ERP-solution
ERP Application

Some of the Popular ERP Applications Are

Epicor

A legacy player in the ERP arena, Epicor uses Microsoft technologies such as SQL server as the database and is based on SOA architecture. It has a vast consumer base and a strong customer support system and is priced at the lower end.

Infor

This ERP product is popular for its SCM module for which it has a huge customer base. This ERP offers varying degrees of customization depending upon the business requirement. The ERP is stands at the lower end of pricing, compared to others.

Microsoft

Microsoft has been a competent leader in the ERP market and has catered well to small and medium level businesses. Its framework is designed in SQL server and dotNET. With its well networked distributions channels and the costing factor, Microsoft’s ERP has a wide established customer base.

Oracle

Java-based Oracle’s ERP is a highly customisable and flexible product. They have a huge market across the globe, this partly attributed to their stronghold in the databases segment, since so many years

SAP

As leaders in the ERP market space, SAP was the first to introduce the client-server ERP software. They have a stronghold in the market through their SCM(supply chain module), payroll and Accounting modules

ERP applications have changed the way organizations store, track, review and present their information. They have defined channels that facilitate better coordination amongst different business , by optimizing on time, effort and costs.

Enterprise Resource Plannning – “The state of the ART – TECHNOLOGY”

What is ERP?

ERP, Enterprise Resource Planning, is a business management system that is absolutely integrated. Information flows are spruced up and harmonized in pursuance of effecting optimum use of resources. This is cast out to be employed by large businesses to handle the trade and mechanize several operations like Finance, Production, Logistics, Accounting and Human Resources. For the whole business, enterprise resource planning guarantees one single database, an individual application and a unique user interface.

Each and every ERP should own certain essential attributes. Few of the characteristics are as recorded below:

  • Ability to be comprehensive by assisting various organizational functions
  • Bearing a compilation of best business processes is a prerequisite
  • Organizational limits should not be a confinement
  • An open system architecture is preferred
  • In order to address the diverse needs of the enterprise, it should be flexible

ERP imparts multi-platform, multi-facility, multi-mode manufacturing, multi-currency, multi-lingual facilities. It supports strategic, operational and business planning activities along with execution activities. All functional areas like manufacturing, distribution, payables, inventory, accounts, human resources, purchases etc. can be taken care of. It performs core activities. Information gap across organizations is bridged thereby rendering complete integration of systems across departments and across companies under the same management. Automatic introduction of current technologies like electronic fund transfer, electronic data interchange, internet, intranet, video conferencing, e-commerce are granted. Intelligent business tools are equipped like decision support system, executive information system, data mining and easy working systems to enable better decisions. ERP is the solution for better project management.

The triumph of an Enterprise Resource Planning implementation mainly depends on how implementation consultants, users and vendors work hand in hand. The implementation consultants have to be aware of the needs of the users and prevailing business realities to formulate the business solutions. ERP is an enabling tool and it naturally needs additional efforts. During the course of implementation, the standard package may undergo changes which may be a simple or major ‘functionality’ change. Implementing such changes is known as customization. The contents of the package are modules which are further divided into components. The roles and responsibilities of the employees have to be clearly identified, understood and the employees will have to accept new processes and procedures configured in the system. These processes and procedures should be user friendly. A well organized and executed ERP package can give a 200 percent return on investment where as a poorly implemented one can yield a return on investment as low as 25 percent.

Change integration has to be inevitably embedded in the task list for any ERP implementation. The main tool for this is the process of communication; be it written, oral, workshops or meetings. The critical success factors (CSFs) of the company have to be listed in the beginning of the project. These should be drilled down to CSFs for respective functionalities or departments. From these CSFs, performance measures required to validate these CSFs should be called out. The numeric figures against these performance measures can be classified as the Key performance Indicators (KPIs). As configuration, construction and implementation are in progress, the organization needs to make itself ready for the post-implementation period.

The vital task is to monitor KPIs and make correct business decisions to improve them. Certain KPIs, though existing in the system, are better monitored and controlled after the ERP system attains maturity. Even with all the preparations, during post-implementation, there will be a necessity for course correction. This may be due to a change in the business environment which in turn requires a change in the CSFs, resulting in a new or changed set of KPIs necessitating reconfiguration. A review may indicate a need for change in some process or vision changes in the ERP and improvements in hardware and communication technology require changes. Most of all, new additions to the business require extra functionality.

How an Efficient User Interface Can Make Up For Poor Development

A rose is a rose is a rose is a Shakespeare quote. But, now-a-days a rose can be a jasmine, can even be a sunflower. It is all possible with the presentation of the rose, which is similar to the user interface of an application. The development of an application is based on requirement elicitation. The user interface design service is based on both the requirement elicitation and the lacunae arising due to the shortfalls in development.

The Effect of a Dedicated UI Designer

   All the web designers, whether a starter or trained professional, face numerous UI related questions before working on a project. But it is the manner in which the professional player tackles and reaches the finishing line makes them stand apart. That knack of converting an idea into an efficient website will not happen in a day. The professionalism needs training and relevant experience. But it shows itself in the output.

Fine-Tuning an Application after Development

   Every application starts with an idea. After rounds of discussion, the idea is elaborated. Then it is told to technologists, who gather the requirements. Then it is developed. Final step is the design of the UI. In the journey from an idea to a developed application, the visualization of the application would be altered every now and then. All these modifications ought to be integrated into the application during UI design.

Apart from these, the typography, graphic design, color palette and aesthetic appeal also matters while a UI is designed for any application. Prepare a workflow and a checklist before plunging into the UI design. It will save a lot of time in iterations and future corrections immediately after the application launch. An UI cannot be categorized as special simply with its design standards, its more about the suitability of that UI for that application which makes it special.

Software for Human Resource Recruitment and Management

Like every other field, the recruitment and staffing are too, preferring solution in the form of a software or an application. Many IT firms are offering HRMS and HRIS associated applications with some of them being really outstanding. Among them is MyNice, Human resource management software developed by Pixint LLC. Let us get to know more about HRMS and MyNice.

 

MyNice-Pixint

Comparing the Available HRMS

These days it is now possible for companies to obtain high performance HRM software cost-free. A variety of open-source software is available now, making it possible for a company to handle its work force reliably and efficiently. The open source HR software enables employers to use cutting-edge technology. These systems are often quite user-friendly, allowing professionals with even the most basic technical know-how to quickly learn how to operate the software. Apart from these, there are many costly applications too.

Utilizing the Staffing Application

There was a time when Human Resources departments were filled with walls of filing cabinets holding the paper records of every employee who had ever worked for the organization. Each piece of paperwork was governed by a different retention requirement. Even for the most organized and experienced HR professional this filing was a lot to keep up with. One of the principal benefits of HRMS software is the ability to handle traditional, paper-based processes electronically – it is time to share this revolutionary idea with your management team.

The Recruitment and Staffing Solution

Recruitment is an important continuous process in every organization, but handling countless applications can be a tedious task best left for the computers. Hence, to simplify hiring, HRMS software can keep a track of new applicants in an organized manner and helps in determining the right candidate. Your HRMS can have connectivity with the internet and allow applicants to apply online as well, which would simplify the process of recruiting for the applicants and the hiring companies alike.
Thus, there are a wide range of HRMS web-applications and diverse utilities from them. These should be reviewed by every human resource team, and they should finally settle with the best – MyNice – common platform for communication between employer, managers and employees.

Why Your Firm Needs Staff Recruitment Software?

 

Staff Recruitment softwares

 

The economy on the whole is itself becoming a talent-driven model. So it becomes absolutely essential for every company to attract, recruit and retain the best talent available. It is a serious task, which demands high manpower. When it’s delegated to the computer by means of an application, the marginal error or occasional hiccups due to human negligence could be avoided completely. With the numerous staffing software solutions available in the market, the question should be which to choose; and not Why to choose.

Over the years, recruitment, staffing and human resource management methods and techniques have continued to grow and change, and now the software available offers businesses a cornucopia of HRM options.

The recruitment and staffing software merges the HRM with the IT having an easy user interface as catalyst. The HRMS is being provided by various companies with their own USPs, and the managers should look at the HRMS which suits them best rather than the top selling ratings. In short, the changing functionality of these software applications not only requires the employee participation alone, but also employee engagement.

     At Pixint, with the experience and customer satisfaction motto we handle recruitment and staffing related software projects with the utmost care. With the passionate professional having experience in developing these Human resource related software applications, we understand your needs and satisfy them with our final result output.

The Information Technology Services Vital for Retail Banking

Ratail banking software

The banking industry is changing at a rapid pace, and embracing the updates on its way. Be it the Customer relationship in the banking industry or the Retail banks or Investment banks, all the banking sectors are fast adapting the Information Technology trends. Let us see more about the IT related trends and practices related to the banking fields such as Customer relationship department, Retail banking and also the Investment banking.

Devising Customer Analytics Using IT

     The customer analytics is growing in its importance with the advent of Big Data. The insights one can get through the Big Data analytics is unparalleled. The Retail banking is solely dependent on the customer base. So, when the IT provides a solution for the customer retention, growth and satisfaction; it ought to be used completely for its full utility. The infographics will make the analysis further easier and intuitive.

Software For Banking Customer Relationship

   The customer relationship is growing in its importance and stature in all fields, including the retail banking. The banking customer relationship is very important among other banking related features. Retention of customers is highly important and the relationship management plays a very important role in this. With software designed for this purpose, the finesse improves and the final result will greatly improve. The customer relationship banking software is an evolving domain, and shows promising signs.

Digital Delivery Comes To The Rescue

     One of the signs of rapid digital adoption by the retail banks is in the fact that the online videos are used for both sales and service is on the rise for the past few years and will continue to be so. The delivery of services and the complete necessary information related to the retail banking shall be carried over digitally. The self service coming up in the retail banking also is supported by the IT infrastructure.

Going Mobile Means More Customers

     The retail banking mostly deals with more transaction volume and comparatively less transaction amount. This fits the realm of Mobile banking. Major banking apps will continue to improve, expanding core functionality beyond balance checking, ATM locator and mobile deposit to value added services such as digital money management, personalized offers and connections to mobile commerce apps. But succeeding in the mobile space is more than just adding new features to an inefficient platform. It is about making the features already in place easier and more user-friendly. It gives a clear roadmap for development and deployment and leveraging customer insight to maximize the power of mobile capabilities. Retail banks alone will not be able to transform the mega trends into tangible Banking IT innovations with high customer and shareholder value. It will mainly depend on the ingenuity and creativity of the technology providers. But it will definitely happen in future, even if not in the present.

Comprehensive Banking Solutions From Pixint Catering

Both Retail and Investment Banks

The banking industry is changing at a rapid pace, and embracing the updates on its way. Be it the Customer relationship in the banking industry or the Retail banks or Investment banks, all the banking sectors are fast adapting the Information Technology trends. Let us see more about the IT related trends and practices related to the banking fields such as Customer relationship department, Retail banking and the giant Investment banking.

Software for Banking Customer Relationship

The customer relationship is growing in its importance and stature in all fields, including the banking field. The banking customer relationship is very important among other banking related features. Retention of customers is highly  important and the relationship management plays a very important role in this. With a software designed for this purpose, the finesse improves and the final result will greatly improve. The customer relationship software is an evolving domain, and shows promising signs.

Retail Banking Trends

The retail banking, with the boom in Private banks is growing at a fast pace. The trends concerning this banking solution are encouraging. The software solution for this industry in particular is also improving. With many companies providing retail banking software solution, we at Pixint differ from them with our utmost care combined with the experience.

Retail Banking

Investment Banking Practices

The large scale investment banks are less in number, but large in its reach and extent. They demand thought-out solutions, since they cannot afford any slippages. The application software development team at Pixint has expertise with Investment banks, so we can guarantee that your needs as an Investment banker will be fulfilled. At Pixint, with the experience and customer satisfaction motto we handle every banking related software projects with the utmost care.  With the passionate professional having experience in developing retail and Investment banking, we understand your needs and satisfy them with our final result output.