An ERP Software manages a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities. As companies expand and their needs change, their ERP systems should always be keeping upgraded with help of ERP software development companies.
ERP systems are used by companies to help them manage their business operations and processes more efficiently. An ERP software comprises of various software modules, each of which focuses on a certain business activity such as material purchasing, inventory control, accounting, finance, and HR. These modules can be customized to meet the organizational needs.
The global enterprise resource planning market was valued at $43.72 billion in 2020, and is projected to reach $117.09 billion by 2030, growing at a CAGR of 10.0% from 2021 to 2030. Rise in need for operational efficiency and transparency in business processes and increase in demand for ERP software from small & medium enterprises boost the growth of the global ERP market.
Organizations need to access all relevant information quickly to make an informed business decision, due to increased competition and rapidly changing business environment. It can be achieved only if the organization becomes more transparent and open. Thus, an enterprise resource planning system that can scale and deal with the global competition and bringing efficiency and transparency in operations.
With advancing technology in software and hardware, ERP is also evolving continuously from legacy systems to Cloud-based with modern tech. Major forces driving the shift from legacy ERP Systems to modern day cloud-based solution for companies of every industry and sizes. Some of the major factors are –
- Cloud Computing
- Growing organizational need for complete visibility
- Increased usage of IoT Sensors in manufacturing and Supply Chain
- Meet global standards with adherence to statutory requirements
- Convergence of modern technologies with Industry 4.0
- Increase in mobility usage and remote working among end users
Custom ERP Development and Implementation
DreamzTech develops custom ERP Systems which are scalable, cloud-based, covering end-to-end business functions and processes with Workflow Automation and Robotic Process Automation, providing complete insights into your business.
Our expert team of designer and developers provide world-class custom ERP Software Development Services to meet your exact business needs. Our team of architects, analysts and project managers provide consultations to design the cloud-based ERP Solution and define strategy to optimize your workflow and business processes.
We also provide ERP Integration Services and Data Migrations from Legacy ERP systems to Cloud-based ERP Solutions. ERP Data Migration requires Data Extraction, Transformation, Validation and Upload to target systems.
Custom ERP Software Features
As a leading custom ERP Software Development Company, DreamzTech has expert architects and developers to cover end-to-end functions and processes of your business. Some of the key modules and functionalities of ERP systems are –
- Enterprise Asset Management
- Customer Relationship Management (CRM)
- Material In/Out Management
- Material Resource Planning (MRP)
- Purchase Management
- Inventory Management
- Work Order Management
- Supply Chain Management
- Field Service Management
- RFID, QR and Barcode Asset Tracking
- Sales and Distribution Management
- Computerised Maintenance Management System
- Warehouse Management
- Document Management
- Accounts and Finance
- Reporting & Analytics
DreamzTech’s ERP developers have extensive experience implementing robust ERP systems with popular ERP platforms such as SAP, Odoo, Microsoft Dynamics, Oracle, NetSuite, Sage X3, Sage Intaact and more.
DreamzTech ERP Services
ERP Best Practices
Adherence to industry-standard best practices has major business advantages. Companies need to improve and modernize their processes in order to maximize operational efficiency and avoid falling behind competitors. Customizing ERP software for specific requirements helps companies comply with key standards.
DreamzTech offers vertical-specific design and customized ERP software development that incorporate business practices that are best for each sector.
ERP Integration
An ERP Software can require multiple integrations to achieve functional flexibility. Fleet Tracking for transportation and Supply chain, Quickbooks, Xero and Sage Integrations for accounting, Salesforce Integration for enhancing customer experience are some examples of ERP Integrations
Integrations bring the flexibility to your ERP software by utilizing features and functionality provided by the 3rd party solutions.
ERP Implementation
ERP implementations projects are important requiring proper preparation and strategy. Many factors affect the implementation cost and duration including deployment model, implementation strategy, complexity of the system, size of the company and resources dedicated to it.
ERP implementation has key stages such as Discovery and Planning, Evaluation, Design and Development, User Acceptance, Deployment and Support.
DreamzTech follows best practices in ERP software development and covers each major ERP implementation stage, from defining requirements to training and providing support. Best practices ensures that your ERP implementation meets your business goals, minimize the risk of delays and cost overruns, and enable employees to use the system effectively.
Modern ERP Software Development
Technology like artificial intelligence (AI), Blockchain, Augmented reality (AR) and the internet of things (IoT) are shaping modern ERP trends.
AI and Machine Learning are helping to automate various business functions. Modern ERPs improves business processes and develop more accurate forecasts for inventory, order fulfillment, sales and Distribution and many more.
Blockchain provides data security and can increase transparency among companies in a supply chain. It can show the status of specific products in detail and creates an in-depth audit trail of an item’s journey from raw material to finished good (Asset Track and Trace).
IoT devices, like sensors and scanners can feed information back to the ERP. A sensor can proactively monitor equipment and could create alert when the machinery starts operating more slowly. That could be a sign the equipment is in need of repair, and the business can intervene before it breaks and disrupts operations.
ERP Modules and Features
An ERP comprises of a number of different modules with bundles of features tailored for various aspects of the business, including back- and front-office roles. Here’s are some of most widely used ERP modules –
Customer Relationship Management (CRM)
CRM is a popular module for businesses in a wide range of industries. It tracks all communications with clients, assists with lead management and can enhance customer service and experience and boost sales.
Inventory Management
An inventory management module shows current inventory levels down to the SKU level and updates those numbers in real time. It also measures key inventory-related metrics and optimize stock on-hand based on current and forecasted demand.
Order Management
This module keeps track of customer orders from all channels as they come in and tracks their progress through delivery. An order management module can speed fulfillment and delivery times and improve the customer experience.
Warehouse Management
Warehouse management module directs warehouse activities like receiving, picking, packing and shipping. Efficient warehousing makes time and cost savings in the warehouse by identifying more efficient ways to execute these tasks.
Manufacturing
Manufacturing is complex process, and this module helps companies coordinate all the steps required for production. The module ensures production is in line with demand and monitor the number of WIP and finished items.
Workforce Management (WFM)
Workforce management (WFM) module keeps track of attendance and hours worked, and payroll. This tool can help with workforce scheduling and tracking productivity by department, team and individual employee.
Procurement
The procurement module manages purchasing, whether raw materials or finished goods. With workflow and RPA can automate requests for quotes and purchase orders and, when linked to demand planning, minimize overbuying and underbuying.
Human Resources Management (HRM)
HRM or HCM (Human Capital Management) keeps employee records with detailed information such personal info, performance reviews, and tracks performance of various departments or demographics.
Enterprise Asset Management
Enterprise Asset Management aims to maintain, control and optimize asset throughout the asset lifecycle and results in increased productive uptime and reduced operational costs with optimized quality and better utilization of assets. EAM can be used for managing assets in facilities of any industry or a sector.
Maintenance Management
A Computerised Maintenance Management System or a CMMS can be used to manage assets useful life throughout the Asset Lifecycle. A CMMS can provide scheduled maintenance, preventive maintenance, proactive monitoring and performance KPI measurement such as MTTR or MTBF of assets and equipment in industries of all sizes.
Industries that use heavy equipment requiring keeping track of their equipment health, uses a CMMS Module or integrates their ERP with a CMMS Software to extend their capabilities.
Ecommerce
An ecommerce module allows retailers to manage the back- and front-ends of their online stores. Using the ecommerce modules companies can manage their store-front, it’s look, catalog, customer experience and more…
Field Force Management
Field force management, or a field service management (FSM), is a part of workforce management which is used to manage resources that are used at locations outside of company.
This can include tracking vehicles, field sales, scheduling and dispatching workers, ensuring safety procedures are being followed, and managing the actual activity of field personnel.
Managed Services
Businesses providing services often need process automation to plan and track projects, including the time and resources spent on them. It can simplify client billing and encourage collaboration among staff members working on a project.
Accounting and Finance
Accounting and finance are foundation of just about every ERP system, An Accounting system manages the general ledger and all financial data. It also keeps track of every transaction, including accounts payable (AP) and accounts receivable (AR), and handles reconciliations and financial reporting.
Marketing Automation
Marketing automation makes marketing efforts across all digital channels including email, web, social and enables organizations to optimize and personalize their messaging. It can boost leads, sales and customer loyalty.
Custom Enterprise Asset Management Integrations
Having a modern ERP Software is vital for large enterprises. SMEs have specific requirements to manage and maintain their business processes, so they need a custom solution curated to meet their business needs. A Custom tailored ERP solution integrated with various 3rd party solutions brings a cost-effective and flexible solution in a short period of time.
DreamzTech has customized many ERP solutions for various industries and integrated solutions with many 3rd Party Solutions, hardware and software integrations, and developed applications for their specific needs.
Some of our integrated solutions are –
Enterprise ERP Integration
Integration development with Enterprise ERP Solution and reap the benefits and their flexibility
Accounting Integration
Integration development with readily available accounting software for easy year-end process and accounts postings.
Other Integrations
3rd Party Integrations for specific needs such as CRM, Email & Marketing, Maintenance management, Effective communication, Data Visualization and Analytics, Fleet Tracking, IoT Sensors etc
Check Few of Our ERP Software Development Portfolio
Cloud-based Manufacturing ERP Software Development
We developed a cloud-based Production and Manufacturing ERP solution that is a comprehensive set of independently workable modules to support the entire manufacturing processes. Our client can manage and automate critical processes, connects their customers and suppliers, keep track of all the assets from anywhere in the globe.
ERP System Development for Facility Management Service Provider
DreamzTech has developed a cloud based customized ERP System for a facility manage and manpower service provider using which the client can manage their business functions such as CRM, Workforce Scheduling, entire facility management, HR and Payroll Processing, Accounting Payable and Receivables.
SAP Integrated FMS Software Development for Renowned Facility Provider
DreamzTech has developed an integrated facility management software that has SAP integration with the end customer system to import and update the work orders. It includes the modules of Computerized maintenance management system with RFID integration.