What is an ERP Solution?

Enterprise Resource Planning (ERP) is the arrangement of how the resource of business obtained. It is a system that maintains all the data from various business functions in one common database. It provides data in an organized manner that can be intelligently forecasted.ERP in Pakistan is the finest expression of the inseparability of business and information technology. ERP provides competitive advantages by integrating all business processes and optimizing available resources.ERP Solution provides an enterprise engineer - a business solution that uses new business computing paradigms to integrate its process across divisions and departments. ERP automates the tasks involved in performing business processes.

ERP software integrates all aspects of an enterprise’s business activities. It starts with sales which are inventory control that integrated with production, purchasing, logistics, warehousing, quality control, invoicing customers, paying vendors, tracking hours, managing payroll.

TMR Consulting is the leading Microsoft Partner company that provides best ERP software in Pakistan. Our ERP Solution enables your organizational overall needs and wants towards operation using an online web-based ERP Solution. We make the perfect use of technology to cater to our client’s requirements and meet the toughest challenges of the IT world. Our main motto is to revolutionize the IT industry by using technology in the right manner. The company has highly experienced educated and skilled human resources. Our key personnel has vast experience and vision of diversified business domains and software methodologies.

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Modules of ERP

Usually, an ERP System has a modular architecture with each component representing a different business process. This modularity makes it easy to customize the system as per an individual’s desires.ERP software in Pakistan is the complete integrated solution for an enterprise to streamline all business functions, so the user-friendliness of ERP software totally depends on the prior knowledge of the employees. The common modules available in ERP Systems include.

ERP Finance Module

ERP software boosts your business by real-time reporting, business analytics, powerful automation, integration, compliance, and audit ability. This module includes bookkeeping and making sure the bills are paid on times that include Account Receivable, Costing, General Ledger.We provide financial management systems that are capable of streamlining invoice and bill collection, minimizing record-keeping redundancy, help in budget planning, eliminate accounting errors, and ensure compliance with tax and accounting regulations.Our financial software is intelligent enough to unify date calculations for your organization. It improves work efficiency by maintaining and generating required reports with complete time management. Boosts your working capacity and saves time.

ERP HR & Payroll Module

ERP provides the best software to handle personnel tasks for corporate managers and individual employees. It provides help in Payroll, Labor Collection, and benefits.HR Module routinely maintains a complete employee database including contact information, salary detail attendance, promotion of an employee.Moreover, It maintains the personal record, pays checks reports, and pieces of training.

Inventory Module facilitates the process of maintaining the appropriate level of stocks in a warehouse. HR Module routinely maintains a complete employee database including information, salary details, attendance, and performance.

ERP Production Module

A group of Applications provides ERP for planning, production, taking orders, and delivering products to customers. It provides up to date tools to help plan, execute, and control output with addressing challenges in the production era of the organization.It helps to streamline the production planning process by synchronizing the system. ERP optimizes the utilization of ERP systems that contain manufacturing capacity, components, and materials resources using historical production data and sales forecasts. It can gather information from various functional departments, and generate valuable production process.

ERP Purchasing Module

ERP provides automation in the process of purchasing identifying; potential suppliers, negotiation process, and billing process.Purchasing Module is tightly integrated with inventory control and production planning.

It often integrated with Dynamic 365.It includes a function to give us detail about current sales and purchase items in-stock level. It provides replenishment techniques and options for monitoring items usage.ERP implements functions of order placement, order shipping, and invoicing. It provides standardized processes across the organization and offers retailers deep insight into business performance, consequently improving operational efficiency.

ERP Project Module

This module provides an effective solution for a project manager, job services, and other professional industries. It delivers tools necessary to manage the simplest to the most complex contract.It makes estimate costing of billing projects, tracking, and costing projects easy and manageable. With the powerful feature of ERP, we can identify to determine the success of any projects.

The automated billing features in this software streamline customer invoicing, reducing the time spent. Some of the key features are estimated upload, end to end sub-contracting process, managing the budgets, employee timesheets, procurement process for projects, equipment timesheets and billing engine which will provide efficiency and ensures effective response.

ERP Supply Chain Module

A supply chain is characterized by the flow of materials and information both within and between business entities including suppliers, manufacturers, and customers. With the powerful feature of ERP, we ultimate goals to reach customer's demand effectively. It provides the best guide to make a product for the right customers, in the right amount at the right time.It provides the best help in integration work, setup functionality, and interchangeable with desktop users. It also focuses on ensuring that the improvement in customer satisfaction, resulting in adding customers, and services.

Features Providing by Microsoft ERP

ERP platforms provide exceptionally strong tools to manage every aspect of your business. A strong ERP system allows you to automate many accounting functions including payment processing, sales analysis, expense management, and more. This improves accuracy and processing time, reducing the burden on your staff and their working hours.

Companies today now work with ERP, thanks to ERP. Working from a single source of information reduces the discrepancies between your teams along with the associated errors and costs. Some Significant Features are mention below.

Integration

ERP provides a fully-integrated, intuitive platform through which you can analyze, monitor, and conduct the majority of data-driven tasks. Through a single database, ERP collects, stores, and analyzes data across all departments. This ensures effective communication within your organization.Companies today, work with ERP. Working from a single source of information reduces the discrepancies between your teams along with the associated errors and costs.

Integration also allows your business to work with multiple components at once. For instance, with integrated Dynamics CRM, users can access order history and customer information in the system. The analysis of data provides insight into business trends and can offer predictions based on past practices. This increases efficiency on an organizational scale, ensuring smooth operations, and improved productivity.

Automation

When someone asks, What does ERP do? the answer will likely always include automation. This ERP capability automates common tedious tasks including order entry, payroll, accounting, invoicing, reporting, and more. Automation cuts down the many hours your staff would typically spend on these processes, allowing them to focus on more important assignments.

Optimizing your employees’ time ensures more effective workdays.Automating your processes can also reduce human error. When your employees are spending the majority of their day repeating the same task over and over, they are bound to make a mistake or two.

Data Analysis

This enables users to reflect on the effectiveness of certain tasks, in addition to providing forecasts for future business decisions.ERP analyzes data relating to all business operations, including client data, production statistics, sales data, and much more.For instance, an ERP can help you predict demand, create a budget, and analyze your HR functions. Data analysis offers easy access to vital business data and gives you the tools you need to track organizational productivity and efficiency.

Reporting

Many systems also allow users to restrict access to reports, protecting valuable company information. ERP provides detailed reports that are intuitive, actionable, and relevant. Additionally, it allows complete traceability, ensuring every error, inconsistency, and the questionable process can be traced, corrected, and prevented. Thus, ERP’s reporting capabilities help you target your business’s weaknesses, ensuring stronger performance over time. These tools often include customizable dashboards, Gantt charts, pie charts, bar graphs, and other visual representations. Many systems also allow users to restrict access to reports, protecting valuable company information.

New Developments of ERP

The following is a list of the some updated ERP features includes

Availability of Web-based and Wireless ERP System

Adoption of easy to install ERP System

Linkage to another software e.g Supply chain management, E-commerce, and Customer Relationship Management

Independent ERP System in different units linked by common processes e.g bookkeeping

Analyze and improve the existing system, map new process to be adopted by the system

Establish an implementation team, determine goals and establish matrices

Best ERP solutions provider company in Pakistan

If you are thinking that an ERP is the right solution for your organization, you should start looking for a system that has all the features your business needs.

To help you get started, TMR Consulting provides an effective ERP solution for your organization. The company has highly experienced educated and skilled human resources providing ERP software in Islamabad. Our key personnel has vast experience and vision of diversified business domains and software methodologies.

Being a Microsoft Gold Partner, TMRC provides the best ERP solution in Pakistan as well as in UAE and US. Our professional team will provide enterprise resource planning services according to the client’s preferences. We have successfully deployed solutions for hundreds of clients which is reflective of our standing as a Gold standard partner with Microsoft.