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Financial Management System

Finance System help the user to identified the customer total outstanding as well as supplier out standing. Its help to maintain the all kind of voucher ,All CIS modules are interlink with FMS. System allowed to create the N no’s of Day book for voucher so that you can keep the track of Voucher serial no’s according to Day book issue.

A financial management system is the methodology and software that an organization uses to oversee and govern its income, expenses, and assets with the objectives of maximizing profits and ensuring sustainability.

An effective financial management system improves short- and long-term business performance by streamlining invoicing and bill collection, eliminating accounting errors, minimizing record-keeping redundancy, ensuring compliance with tax and accounting regulations, helping personnel to quantify budget planning, and offering flexibility and expandability to accommodate change and growth.

Other significant features of a good financial management system include:
  • Keeping all payments and receivables transparent.
  • Amortizing prepaid expenses.
  • Depreciating assets according to accepted schedules.
  • Keeping track of liabilities.
  • Coordinating income statements, expense statements, and balance sheets.
  • Balancing multiple bank accounts.
  • Ensuring data integrity and security.
  • Keeping all records up to date.
  • Maintaining a complete and accurate audit trail.
  • Minimizing overall paperwork.

Inventory Management System

When most people think of inventory management, they think of retail applications. While retail operations rely heavily on inventory management, inventory management systems are widely used in a variety of industries, from manufacturing to utilities, healthcare, education, government, and more. Inventory management systems streamline and centralize the process for controlling the flow and maintenance of inventory to ensure that the right amount of inventory is available at the right time and of the right quality.

An inventory management system is the combination of technology (hardware and software) and processes and procedures that oversee the monitoring and maintenance of stocked products, whether those products are company assets, raw materials and supplies, or finished products ready to be sent to vendors or end consumers. A complete inventory management system consists of:

  • A system for identifying every inventory item and its associated information, such as barcode labels or asset tags.
  • Inventory management system Hardware tools for reading barcode labels, such as handheld barcode scanners or smartphones with barcode scanning apps.
  • Inventory management software, which provides a central database and point of reference for all inventory, coupled with the ability to analyze data, generate reports, forecast future demand, and more.
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  • Processes and policies for labeling, documentation, and reporting. This should include an inventory management technique such as Just in Time, ABC Analysis, First-In First-Out (FIFO), Stock Review, or another proven methodology.
  • People who trained to follow these policies and processes.

Production Management System

Production Management Software is where it all comes together. Your software must be able to tell you today’s production status, what is going to happen next, and what happened yesterday. The Production Management Software application is up to the task. Online inquiry into existing production orders shows percentage complete based on time and materials, and gives you detailed status information for each production process.

Once you create them, you can edit production orders via the visual editor in a drill-down manner. You can import activity data from an external source such as an automated time card or bar code data collection system, or you can enter it manually.

A variety of worksheets assist you in this process. Each one has a specific focus in terms of what to pull, which operation to run, and where to go next. Special worksheets help expedite subcontracted processes.

  • Extensive variance reporting enables you to see when, where—and, most importantly—why variances took place in terms of time, usage quantities, and final production.
  • Visual tools such as videos and pictures are readily available to assist in the process. A sophisticated dispatch process allows you to set the production sequence to keep things moving smoothly.
  • Seamless optional interface to Sales Order, General Ledger, and Payroll.
  • Easily handle lotted and serialized inventory, and perform multiple releases per production order.
  • Perform visual drilldown and production management order editing.
  • Use priority-based dispatching.
  • Release orders online and in batches.
  • Update inventory quantities online.
  • Track problems by variance code.
  • Print barcodes on worksheets.
  • Set up multiple costing methods.
  • Conduct online status inquiries of ongoing production.
  • Use multimedia references for operations and materials.
  • Employ multiple units of measure.
  • Generate automated production orders from sales orders.
  • Perform variance analysis for time, material usage, and production.
  • Backflush at multiple levels.
  • Retrieve scrap history.

Sales Management System

An effective sales management process will encompass lead and opportunity management, sales forecasting, and reporting and management techniques that empower sales representatives to meet and surpass their targets.

The term sales manager could reasonably be applied to a number of members of an organisation, including marketing executives, managers of field sales forces, district managers and product line sales administrators. But the purest sales manager is someone who directly controls and supports a sales force.

Their primary strategic role involves:
  • Setting goals for the sales team
  • Formulating a sales management strategy to achieve those goals
  • Executing that strategy while managing and motivating staff
  • Evaluating and reporting on results of the strategy

A manager with an effective sales management model in place will give employees consistency and predictability in how they should plan and execute sales, help them to prioritise activities and link those activities to sales objectives.

Purchase Management System

Purchase Management System is a tool for managing your day-to-day purchases. It is packed with all necessary features that are needed by any business, which has to buy raw material for manufacturing or finished good purchases for trading. Purchase Manager can enter supplier bills, reconcile with purchase orders or goods receipts, bill charges could be allocated for computation of landed cost of items, integration with Inventory and Financial Accounting, Office / unit wise Report generation, Supplier enquiry flotation, Quotation collection and analysis and maintenance of history of rates quoted item wise supplier wise. System support multiple units for the same item, for e.g. Kgs. And Nos., Sq. Meters and Nos. System is compliant with tax regulations, for e.g. GST (which replaces VAT, ST, CST, Service Tax and so on).

  • Facility to apply multiple charges in bill entry as per requirements
  • Quotation Analysis and vendor selection based on parameters
  • Facility to allocate items and products as sample (un-billable) or billable
  • Supplier wise/ item wise report generation at one click
  • All purchase transactions can be directly exported to Financial Accounting System and Inventory Management System
  • Enquiry management
  • Facility to track region/ office wise purchase based on given category
  • Bill generation (entry of supplier bill) facility
  • Reconciliation of bill, purchase order and delivery with multiple options with partial offsets.

Fixed Assets Management System

This web based application takes care of all the Moveable and Non-Moveable Fixed Assets Purchased by the Organization or any corporate .It calculates Depreciation on all the fixed assets. Module pertains to Head Office but can be used at the Branch level also.

This web-based solution helps establishing a computerized system for tracking and recording all fixed assets and generates statutory, business and control related standard and dynamic reports. It improves management of widely dispersed assets of an organization, resulting in better accounting practices, maintenance and upkeep of the assets.

Key Functionality
  • Maintain Historical and current cost of assets.
  • Tracking of particular asset history since its inception
  • Maintain for audit and Physical verification guide
  • Assets revaluation for Balance-sheet purpose along with tax benefits.
  • Fixation of Life cycle for particular asset.
  • AMC and Service contract system
  • Insurance module for claims and settlements
  • Lease agreements and rent receipt
  • View facility for management on the tips of finger
  • MIS Report Generation along with standard reports from the system.

Automobile Management

Automobile management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management.

Automobile Management is a function which allows companies which rely on transportation in business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation and staff costs. Automobile management is the management of:

  • Commercial motor vehicles such as cars, vans, trucks, specialist vehicles (such as mobile construction machinery), and trailers
  • Private vehicles used for work purposes (the 'grey fleet')
  • Aviation machinery such as aircraft (planes and helicopters)
  • Ships
  • Rail cars

Improve your shop's efficiency. work smartere, faster, and more profitably. You can Manage Your Day-to-Day Opertions Easily with This Software Application. this Application Provides a Fully Automated Environment Where You can see the work progress.

POS System

Shopping behaviors have changed and purchase paths have evolved. Empowered by mobile devices, social media and the ubiquity of information, consumers expect to move freely between online and offline shopping channels. SuiteCommerce InStore provides retailers with a solution that unifies the physical and digital shopping experiences within a single, cloud-based commerce platform. Using a mobile device, arm your sales associates with complete inventory and customer information to engage customers more effectively, drive more sales, and provide a satisfying shopping experience.

  • POS Software is user-friendly and includes fast billing
  • Transform the store with a true, single commerce (online, in-store, call center) platform.
  • Engage shoppers by providing a complete shopping experience that is personal and seamless.
  • Empower sales associates with the tools and information to assist and engage shoppers.
  • Increase profitability with more product choices and better convenience with an 'endless aisle' of goods.

Fleet Management

Fleet management software (FMS) is a solution that helps companies and organizations to manage, organize, and coordinate their work vehicles from a central data platform. The goal here is is to keep the fleet operating smoothly by reducing costs, improving performance, and ensuring compliance with government regulations. The primary purpose of FMS is to collect, store, process, monitor, report on and export information. FMS is also called a fleet telematics solution. Telematics is an IT category that deals with long distance transmission of computerized information, and in the case of fleet management, data can be collected from external sources such as gas pump processors, government divisions that handle vehicle registration, financial firms, mapping systems, insurance companies, and vehicle specification databases.

  • Track where vehicles are at any time
  • Track vehicle mileage
  • Get notified when anything goes wrong
  • Time management
  • Fuel management
  • Maintenance cost savings
  • Employee satisfaction

Property Management

Property management software is a program designed to help property managers manage residential and commercial properties on behalf of their owners. With trust accounting, maintenance, inspection, communication and reporting features, it brings together all the key functions of property management into the one program. Not only does this save time and money by reducing add-ons, but it also streamlines your day-to-day property management tasks.

Service Management

Service Management software enables companies to easily supervise their employee activities, trace vehicles, schedule work, dispatch technicians, support driver safety, and integrate with inventory and other back-office solutions. This software is highly popular among field service companies because they can help to reduce costs and boost efficiency. Businesses can use the system to access customer data, manage orders easily, and do route planning at an affordable cost. FSM software is normally used by companies that focus on handling installs, repairs, and services of work equipment.

Payroll & HR Management System

Payroll Management System is one of the most important functions of an organization. It works on the compensation of employees which contains attendance management, leave management, advances, loans, bonuses, tax deductions, statutory compliance in accordance with the organization’s policies. Payroll Software in India can be quite complicated due to many laws enforced on organizations. Payroll software is a human resource function in salary processing and might generate dissatisfaction among the employees and directly result in reduced productivity, efficiency and also effects the turnover rates. Earlier, payroll management in India was done by involving a lot of paperwork which is difficult to handle for both employees and employers, especially to those who work in the human resource and finance department. Other than documenting and managing files, there is more chance of occurrence of errors. This procedure is considered as a time-consuming process and there is a huge impact on the overall productivity of the organization.

A HRMS (Human Resource Management System) is a combination of systems and processes that connect human resource management and information technology through HR software. A HRMS may help to revolutionize a workplace. The automation of repetitive and time consuming tasks associated with human resources management frees up some of the companies most valuable employees and allows the focus to shift to culture, retention, and other highly impactful areas.

Portfolio Management System

Portfolio management is the art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. Portfolio management is all about determining strengths, weaknesses, opportunities and threats in the choice of debt vs. equity, domestic vs. international, growth vs. safety, and many other trade-offs encountered in the attempt to maximize return at a given appetite for risk. Although it is common to use the terms "portfolio management" and "financial planning" as synonyms, these staples of the financial services industry are not the same. Portfolio management is the act of creating and maintaining an investment account, while financial planning is the process of developing financial goals and creating a plan of action to achieve them. Professional licensed portfolio managers are responsible for portfolio management on behalf of others, while individuals may choose to self-direct their own investments and build their own portfolio. Portfolio management's ultimate goal is to maximize the investments' expected return given an appropriate level of risk exposure.