Utilities
Modules
A most powerful engine that has evolved over 3 decades of industry experience and professional inputs available just a click away. There is a world of difference between customisation and configuration. For Customisation one has to ask for it, whereas the configuration is just choosing it.
There are many module wise features that can be enabled or disabled by click of a button. These features are the heart and core of the ERP function that has evolved over decades.
The best part of the ERP system is that it will bring all the data of the enterprise to one single place. So it becomes all the more critical to provide proper user rights to add, modify, delete, and scan the data. Now that the audit trail is mandatory, it is very important to have the specific names of the users creating, approving modifying, and deleting the data.
These are critical customer-facing business functions. Hence this team needs a proper system to meet the functional, commercial, contractual, and statutory needs. E-invoicing & E-way bill are mandatory beyond certain revenue threshold.
Since this function handles 55 to 65% of the entire revenues of the Enterprise, it is very critical to exercise a great deal of control here. In a highly competitive market, it is all the more crucial to source quality material at a competitive price that too delivered on time.
Finance and Accounts is the heart of the enterprise. Every enterprise starts with money and ends with money. The performance of the enterprise is only seen with their revenues and profits.
All the ERP setup starts from Accounting and finally ends with Accounting.
The modern manufacturing accounts system needs drastic upgrades with Cost of Goods Sold (COGS) based accounting and Global reporting.
Time for statutory compliance is shrinking and the accuracy of compliance has gone up drastically. without an end-to-end system in place, it is next to impossible for the enterprise to meet these demands.
Hence, the accounting functions can no longer operate in a silo.
Masters
Transactions
This is the heart of the Industry operations. Quality and On-time delivery are the most important aspects of this function.
Syscon Cronus – ERP facilitates Zero Based costing (ZBC). This is most critical for the manufacturing industries with multiple components, Multiple processes, variations of price between multiple vendors. Added to this price variations of domestic and Imported material costs.
Costing is not a specific module, it cuts across various modules. It simply reflects the deep design capability of the ERP system and the organisational Cost and Works accounts culture and obsession to capture the real data at source. Not only that, the data is constantly fine tuned to incorporate the real variable cost from time to time. This obsession for Costing culture will reflect in the bottom lines as well as protect the organisation in turbulent times.
More importantly, only with proper cost methods established, the enterprise can implement and adapt for the COGS based accounting methods. The peak advantage is for the enterprise to access the real-time operational P&L and Balance sheet by the click of the button.
From the data stand point Cost and MRP are closely associated.
Quality Control is one of the most critical function to ensure end-user’s satisfaction. For a manufacturing industry there are various ways the materials comes in. It can be a bought out, Manufactured in-house or by a sub contract vendor. Also a product or sub assembly / intermediate many under go different process stages. It is important that every granular stage has to have a QC approval to have the better control on the end product.
Added to this many of the OEMs like Auto, Railways and Defence equipment manufactures insist on strict quality process with proper traceability in case of any non or underperformance. Also it need traceability and audit trail.
This is the most important but unfortunately one of the highly ignored business functions. Without a proper IT system, this will make the maintenance engineers’, and supervisors’ lives very miserable. Also, force them to be on their toes all the time. This will also have an impact on the quality of the products and on-time deliveries.
A statutory business function. But if this is not handled properly this will lead to employee dissatisfaction.
The essence of ERP is the Management Information System (MIS) to facilitate Decision Support System(DSS)