For most organizations, Enterprise Resource Planning (ERP) systems are the mission-critical backbone of business transactions and communication. Besides providing the core transaction processing that complex enterprises require, ERP systems are often the launching pad for strategic initiatives. A key component of the right ERP system is its ability to integrate quickly and completely with other systems – which not only reduces the ownership costs over time, but more importantly, provides one central repository of enterprise knowledge on which businesses can confidently base key performance indicators. This allows executives to efficiently and effectively steer their businesses to success. Open source ERP provides true organizational freedom and agility to adapt to changing business dynamics by providing a platform for integrating internal systems at a lower cost. ERP Minds’ ERP solutions will help your organization: Gain new market insight Adapt quickly to market changes Respond to customer requirements in real time Extend proprietary processes within new software acquisitions Extend processes beyond the organization The flexibility of open source ERP allow organizations to integrate multiple functions across an enterprise into one streamlined enterprise-wide solution that encompasses many areas, including:
Procurement Track rates, purchase orders, goods receipts, invoice verification and vendor evaluation. Manage supply to guarantee the integrity, tracking and consistency of the entire supply chain process. Automate processes to avoid human error. Navigate through different documents that conform to a determined workflow (order, supplier's delivery note, invoice, payment etc.) and know in real time the state of any order (pending, delivered, partially delivered, invoiced etc). Integrate procurement with accounting and accounts payable. Guaranteeing that the finance department always has up-to-date and reliable information. Warehouse Management Manage warehouses and bins, warehouse units, lots, serial numbers, packages, labels, receipts and deliveries, movements between warehouses, inventories, stock valuation and transport. Automate warehouse management processes to ensure up-to-date and correctly valued inventory. Define the warehouse structure of your organization to the unit level (bins) to pinpoint the exact location of your stock at any time. Manage product lots and track serial numbers to assure compliance with the industry-specific tracking requirements. Production Management Manage plant structure, routings, BOM’s (Bill of Material lists), manufacturing orders, job reports, job incidents and maintenance reports. Analyze productive structures for each organization (sections, cost centers and work centers), as well as relevant production data: routings (operation sequences) and BOM's. Meet the necessity of discrete production environments: create manufacturing orders, job reports (notification of times and consumption), notification of job incidents and maintenance reports. Customer Relationship Management Manage sales orders, rates, delivery notes, invoicing, commissions and relationship management information. Link documents (order, delivery note, invoice) in any order required – without sacrificing the coherence and integrity of the information and guaranteeing process tracking. Integrate EDI and order capture systems through mobile PDAs to extend the solution beyond your company’s physical limits. Financial management Consolidate chart-of-accounts, accounts, taxes, general accounting, accounts payable, accounts receivable, bank accounting, balance sheets, P&L and fixed assets. Minimize manual data input of financial information, thereby freeing users from tedious, routine tasks and allowing them to focus on value-added tasks. Improve financial management productivity and boost efficiency by automating general accounting activities.
Reporting and analytics Implement reporting, multidimensional analysis (OLAP) and balanced scorecards. Continuously monitor cross-departmental activities and impact business processes with effective decision making. Use our predefined balanced scorecard to verify the effectiveness of pre-defined strategies by monitoring of a series of key indicators.
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