Thursday, December 18, 2008

Indian ERP vs Global ERP

What is the basic difference between an Indian ERP and a global ERP?

It is a misnomer that there exists these two different kinds of ERP's. The difference criteria can be a "local" ERP or a "multinational" ERP. The difference criteria can also be of whether it is an Indian company who is making this ERP exclusively for Indian market or a international brand which is setting up a local office and selling their "international" ERP in India.

An Indian ERP can be a "global" ERP as proved by a number of homegrown systems like Ramco while a international recognized brands like SAP, Sage and Microsoft can easily merge themselves into a Indian localization and cater to the system depending on their depth of localization. BUT all these systems are "global" ERP because at any time they can also cater to any other international client with minimum of fuss. In Indian context, the Indian ERP is usually a small home grown system with a few functionalities resembling an ERP system with bits and pieces of Accounting, Operations etc which is touted as an ERP system. They are usually much cheaper than their global counterparts and that is what makes them attractive to the end user. But is an investment worth it? The global brands have usually tried and tested the system worldwide in thousands of industries worldwise and they are carrying this experience to build up a system which will work for thousand and oneth customer too. It is a gradual process of value addition like in any industry but this is usually overlooked by the Indian buyers who just look at the price tag, the name of the company or their sales pitch which includes "an Indian product will be better for Indian industry".

The key advantages of any Global systems are:

- Used worldwide in different industry and hence usually has the best practices built in the system

- Bugs and issues are immediately fixed because it affects so many organizations worldwide and it is not meant to be fixed for a single customer.

- Implementation time is if the service provider is good as the system need not be customized

- GAAP priciples and best practices are followed

- In the long run, the ROI of the system is totally recouped because of lesser bugs in the system and lesser customization.

- Very less chance of the software vendor to be fold up and leave you in a lurch.

- Finally, most of the global system have been localized to meet your taxes and other aspects (at least Sage Accpac ERP can claim to be totally India compatible) and they are doing the localization in a much better way because of the inherent strength of development tools.


The key thing here is to select the right system provider who provides you with the correct solution rather than looking for the local vs global debate. Select any global brand but select your system provider carefully who has the experience in the market to develop and implement it.

If you have further query, do not hesitate to send an email at sales@greytrix.com for further discussion regarding why is a particular system much better for your industry need and how would it make more logical chocie to select a global system.

Monday, December 8, 2008

Agarwal Fastners successfully Implements Sage Accpac ERP

Agrwal Fastners, founded in 1974, specializing in Stainless Steel Fasteners as per Standards and as per Customers specific requirements for over a period of two decades with efficient management team, professional research and development staff with modern multi stationed equipment. APL’s modern manufacturing plant is situated in its own premises at Sativali Village, Vasai (E), District Thane, Mumbai suburb, (INDIA) with a total area of 32000 Sq. Ft. and built up area of about 25000 Sq. Ft., well connected to transport and telecommunication system. APL's motto is to adhere highest quality of products, prompt delivery and reliability. Our specialty is manufacturing of critical fasteners. APL follows strict Quality Control Assurance procedure and have proven technology and expertise to meet standards upto entire customer satisfaction. At the same time we have taken bold steps towards our goal of Zero Defect Policy. Our experienced professionals are sell versed in the technical and commercial procedures to meet the challenges in the domestic and global market. By using the latest technology and by maintaining upto date machinery, APL offers its customers a wide range of products ranging from M1.6 to M 16 and 1/8” to 5/8” both metric and imperial standards (DIN, BS, IS, JIS, UNC, UNF).

Greytrix implemented Sage Accpac ERP for APL's operational and financial requirements and the ERP managed to bring in tremdendous cost savings due to operational and financial efficiencies according to the global standards as well as fullfilled its entire statutory financial requirements (Indian Taxes, accounting reports and budgetory) as required from a world class global ERP system.


Trading Excise for Sage Accpac ERP


What is the need for "Trading Excise for Sage Accpac ERP"?

Excise Tax Reporting and Reconciliation is one of the most important but extremely difficult tasks in a trading organization. Small and Medium businesses spend days and months in manual data management and collection for reporting to Excise Tax authority and still end up having problems and issues at the final reconciliation.

Statutory and Excise Module for Sage Accpac ERP provides small and medium trading enterprises a seamless way to input information, furnish returns and maintain mandatory registers as required by Indian Tax authorities while making sure that the workflow, inventory valuation, financial reporting and operational modules data integrity is maintained in Sage Accpac ERP.


Features of Trading Excise for Sage Accpac ERP

Maintain Information:

- Standard registration and statutory information like PAN, ECC, CE Reg No., VAT, Central Sales Tax No., RG32 Numbering methods
- Maintain Excisable and Non Excisable Locations/Warehouses
- Maintain 20+ Excise specific Customer Information like CE Commiserate, CE Registration Number, ECC, PAN
- Maintain 30+ Vendor Information like CE details, Division Details, PAN details, Range Details
- Maintain 20+ Item Details for Excisable Items like Tariff Class, Price, Item Type

Transact with Excise Tax Calculations for Sales and Purchases:

- Receive Excise Goods and Calculate Excise Tax from Purchase Order Entry of Sage Accpac ERP with Vendor Information and Assessable Amount.
- Return Excise Goods from PO Return Entry Screen and reconcile Excise Taxes accordingly
- Ship Excisable Goods and Calculate Tax against the assessable amount against the respective Receipt
- Maintain business logic and GAAP principles in all transactions

Print Excise and Statutory Reports: Print anytime Excise Statutory Formatted reports as defined by Government:

- Excise Purchase Bill Register
- Excise Form 2 part 1
- Excise Form2 part 2
- Excise Defacing Report
- Excise Declaration Report
- R. G. 23D Report
- Excise Invoice Report (Sales Register)
- Excise Stock Register