Inventory

  • ERP inventory management, short for enterprise resource planning inventory management, refers to an integrated approach to business planning and operations. With an ERP inventory management system, businesses can manage all their finances, logistics, operations, and inventory in one place.

  • ERP inventory management systems are designed to empower businesses to manage not just inventory, but all business operations from a single location. Some of the standard features of an ERP inventory management system include:
    • Stock tracking and management
    • Sales and purchase order management
    • Multi-channel order fulfillment
    • Warehouse management and stock transfers
    • B2B eCommerce functionality
    • Payment gateway functionality
    • Integrations with eCommerce, accounting, shipping and other operational tools
    • Intelligence reports and analytics
  • A growing number of businesses are using shipping providers or 3PLs to outsource their shipping and logistics requirements. An ERP inventory management system enables you to integrate with external partners to ensure all systems communicate with each other. Stock, order and shipping information is therefore synced across the entire supply chain.

  • ERP inventory management systems are designed to empower businesses to manage not just inventory, but all business operations from a single location. Some of the standard features of an ERP inventory management system include:

Smart Reports

  • Sales for any period, sales-returns, product margins, pending quotations, sales-orders and deliveries, commission report, top customers and more

  • Inventory analysis reports such as dead stock report, wastage, fast moving products, slow moving products, etc helps reordering to be profitable

Jobwork & Alteration

  • Job Work or Sub Contracting is an activity of taking an order to manufacture or process goods as per the prescription of the client by utilizing material supplied by the client or purchased on behalf of the client and charging him for the services provided as Job Work or Sub Contract.

  • The retailer takes the measurement for Stitching and asks customer to get back for collecting the ready suit after few days. What does he do in the meantime? He gives the suit length to a specialist tailor and receives the ready suit after stitching and finishing

  • process the job work taken from a client as well as job work given to job workers. It also allows the principal company to track the materials despatched to job workers and materials received against the job given, and vice versa.

  • Make to Order (MTO) module in retail software is for the retail stores who provide customized tailoring solutions to their customers. Customer may purchase fabric and then opt for tailoring or customer may choose any readymade garment available in the store and get similar fabricated for him as per his style and size requirement. This module can also be used for alteration of readymade garments.
    • Measurements
    • Order Booking
    • Alterations
    • Readymade Order
    • Issue
    • Receipt
    • Delivery
    • Invoice

Point of Sales

  • POS is what brick and mortar retailers use to conduct sales. It's sometimes a cash register, computer, or even an iPad where cashiers input your products, tally the cost, and conduct the financial transaction. Most POS will also communicate with inventory levels to keep everything in balance.POS systems help small businesses save time and money by increasing efficiency and automating many essential tasks.

  • Managers can track volume, staff performance, inventory and sales in real time from any location. Accurate reporting helps managers analyze sales data, calculate revenue, profit and loss and forecast future inventory and sales.

  • With the aid of handheld POS systems, staff can increase time spent on the floor with customers. This improves efficiency, reduces human error, increases sales and improves the bottom line. Customer data can even be used to improve product and sales
    • Reports
    • Time saving
    • User interface
    • Receipt printing
    • Sales statistics

  • Point of sale system or POS term is applicable to all types of businesses regardless of their sizes and types. Directly or indirectly point of sale system cover every business related person’s life because somehow all are connected with each other by buying goods for business. Point of sale software starts to perform various operations since computers start to store, analyze, capture, sales and purchase data management. There are so many benefits of using a point of sale system because it saves time and eliminate data duplication, increase efficiency. The point of sale system also manages inventory and provide detail analyzed reports to make better customer relationship management (CRM) services.
  • Every person needs ways to run their business hassle free i.e. transaction should be maintained properly, get comparison of sales years, important alerts. SYSPRO ERP's POS Software is designed to handle all needs of individual shops or retail chain in an accurate way as it is easily configurable according to the requirements of the customers as per their business type. In SYSPRO ERP's POS Software, transactions & inventories can be easily maintained; it will show alerts for the items getting out of stock or for the items whose expiry date is near. SYSPRO ERP's POS software controls inventory in a much easier way by the help of cash registers as well as helps in better controlling of business due to its unique reporting features.

  • In SYSPRO ERP, one can compare its current sales from the previous financials or party to party comparison so that they can get better ideas for the betterment of the business. Explicit sales services and higher rate of customer satisfaction leads to the path of success.

CRM

  • Loyalty CRM application for the Retail segment. It provides member enrollment at multiple stores, sales data upload with points computation (as per client requirement), manages referral points, allows bulk emailing of newsletters and sending out emails to customer on special occassions like Birthdays, Wedding Anniversaries, etc.

  • CRM is used to organise, automate and synchronise sales, marketing and customer service.CRM has developed to include all areas of the customer experience, keeping the customer happy and in turn keeping them loyal and more valuable to your business. It is the process of identifying potential leads/prospects, nurturing them and guiding them through the sales process to close the business. Once they are a customer it is ensuring that you maintain that relationship and encourage repeat business – either more frequent orders or higher value.

  • There's a lot of data to support the value of cultivating customer loyalty:
    • Loyal customers convert and spend with brands they like more often
    • Loyal customers spend more than others
    • Loyal customers tell their family and friends about positive experiences. Word-of-mouth marketing is more effective at driving new customers than branded content and advertising, and in turn, these referred customers become loyal customers that are likely to spend more than average.

Finance

  • Single & double entry method, all types of voucher entries such as journal, contra, receipt, payment, etc Flexible user-interface for entering opening balance for customers, suppliers & other ledger accounts

  • Easy generation of financial statements like Trial Balance, Profit & Loss and Balance Sheet Generate Cash & Fund flow, Statutory reports and file GST/VAT without extra effort .
    • Customer management dependency due to Accounts Receivable (AR)
    • Vendor management dependency due to the Accounts Payable (AP)
    • Bank management dependency due to the Cash Management (CM)
    • Manage interactions between the enterprise and any involved product vendor, supplier and service provider by using the Accounts Payable.
    • Receive, account for, and manage customer-driven revenue data via the enterprise GL integration and the Account Receivable i
    • Manage and reconcile bank-related records through the auspices of the Cash Management .
    • Index, track, value, and actively manage soft, and hard, assets across the enterprise by use of the Asset Management in association with the General Ledger integration

Purchase & Reorder

  • An ERP software system can bring a massive modification in the entire process of purchasing. With the software, the purchase can be connected with the main production system of the company that will make whole activity for cost of the production more accurate. Before ERP software was introduced, the purchase managers had to do all the things manually and had to keep the communication with other departments. But ERP system introduction in an organization made it more flexible and accurate for the managers.

  • All the data will automatically be saved in the central processing unit system, and managers from the other department can also collect data from system within few clicks.

  • For the companies, purchasing is a very crucial act as the profit or losses mostly depends on that department. An automated purchasing system will provide the previous purchasing data to the manager. That will help him or her to estimate the purchasing cost according to the orders. Another advantage of using data is it is an error free system. So, when the data is saved in the primary system, the managers do not have to bother about the accuracy of the system.
    • It helps in complete automation of Purchases.
    • You can manage minute details of your purchases
    • Easily identify potential suppliers
    • Supplier’s quotation evaluation
    • Billing process
    • Invoice and payments management
    • Easily update the inventory and
    • Finally a quick effective and efficient decision making on all your purchase needs

Security

  • Authorization and access to store data is configurable role or user based. Role based access to different users like cashier, supervisor, manager & administrator is configurable.

  • Depending on the roles, user can be configured to access specific product screens or process. Multiple levels of security with an option to set password for login or product screens is also possible

  • User audit trail, Transaction history. System user rights and roles.

Chain Store Management

  • HeadQuarter (HQ) business management retail POS solution is a web-based, easy-to-use software that allows to monitor branch-wise sales, purchase, Inventory, receivables and profits etc. from a central location. Completely scalable to meet the growing needs of the retailer, clear visibility & enhance control on outlet operations