We’ve crafted a list of the most frequently asked questions to make it easier to answer your basic queries. Feel free to contact us with any questions you may have!
As your business grows, managing your accounting and financial data can soon turn into a tedious and complicated affair. At first, using a spreadsheet to store and record your finances is doable, however with the progression of your business, it will be almost impossible to keep watch over all of your financials and transactions with a spreadsheet or manual financial system. That’s where a dedicated ERP financial management software like CyberTech comes in.
In fact, an ERP financial module is one of the most widely used software by businesses and financial departments to manage and record their cash flow, taxation, financial transactions, and revenues. In addition, it is capable of automating your financial activities and eliminating duplicate data while reducing your operational costs.
An ERP system helps in financial management by automating and streamlining all of the financial processes and tasks of a company. This includes tasks such as invoicing, accounting, financial reporting, and budgeting. By using an ERP system, businesses can save time and resources that would otherwise be wasted on manual data entry or tracking. In addition, an ERP system can provide real-time visibility into a company’s financial status, which is essential for making sound business decisions.
With our next-generation, ground-breaking ERP management software ‘CyberTech,’ we give you complete control to manage every aspect of your business, finances, and employee from a central point. From team-specific automation to logistics & distribution management to payroll, this online ERP software system will take your workforce management and business operations to the next level.
If you’re looking for a comprehensive online ERP software solution to help manage your business, look no further than Autus Cyber Tech. Our cutting-edge software provides you with complete control over every aspect of your business, from finances and employee management to logistics and distribution. CyberTech also offers team-specific automation tools to help streamline your workflow and boost productivity. So whether you’re a small business owner or a large corporation, Autus Cyber Tech can help you take your business operations to the next level. Contact us today to learn more about our online ERP software solution and how it can benefit your business. Thank you for choosing Autus Cyber Tech!
As a leading software provider, we ensure that you get all essential cloud ERP modules and features that can effectively handle your business needs for the least amount of effort. We offer the following key modules:
As a leading software provider, we offer a comprehensive suite of cloud ERP modules and features that can effectively handle your business needs. Our key modules include:
– Integration: We offer seamless integration of our ERP system with your existing business processes and systems. This ensures that you get the most out of our ERP system with the least amount of effort.
– Manufacturing Industry Solutions: We offer best-in-class ERP software solutions for the manufacturing industry. Our software is designed to meet the specific needs of manufacturers, such as managing complex production processes, tracking inventory levels, and more.
– Customization: We offer customization options to tailor our ERP system to your specific business needs. This ensures that you
ERP stands for ‘Enterprise Resource Planning,’ which typically encompasses a suite of integrated applications, enabling you to leverage one single system to standardize multiple functions across different units within an organization. With an online ERP system like CyberTech, you can enhance your product quality, simplify compliance, improve efficiency, save money, and scale your business. In addition, it will aid in managing and keeping track of all financial records and transactions in an organized manner.
ERP stands for ‘Enterprise Resource Planning,’ which encompasses a suite of integrated applications that enable you to leverage one single system to standardize multiple functions across different units within an organization. With an online ERP system like CyberTech, you can enhance your product quality, simplify compliance, improve efficiency, save money, and scale your business.
In addition, it will aid in managing and keeping track of all financial records and transactions in an organized manner.
But why do you need ERP? Here are some key benefits:
– Helps manage complex processes: An ERP system helps simplify and streamline complex processes by integrating all the data and information from different departments into one central system. This way, you can easily track and manage your resources, operations, and finances.
– Improves decision making: By having all the relevant data and information in one place, you can make better decisions for your business. With an ERP system, you can easily track trends and patterns, identify areas of improvement, and make informed decisions that will help grow your business.
– Enhances productivity: An ERP system helps automate repetitive tasks and processes, freeing up time for employees to focus on more productive tasks. In addition, by having all the information they need in one central location, employees can work more efficiently and effectively.
– Reduces costs: An ERP system can help reduce costs by automating tasks and processes, eliminating errors and redundancies
Nowadays, manufacturing businesses manage various functions and deal with many challenges, from keeping up with customer demand to collecting data to tracking and updating the database on a regular basis. An ERP manufacturing system is an innovative tool designed to integrate and organize different activities of your manufacturing processes and departments in a single unit.
Advanced manufacturing ERP software and tools, such as CyberTech ERP, are here to cater to your specific needs and provide your business with a myriad of benefits. This ERP manufacturing software will help you synch your manufacturing operations and keep tabs on your stick and inventory movement. Furthermore, you can streamline, standardize, and computerize a variety of production, supply chain, and warehouse management operations while scaling back costs.
A manufacturing business aspiring to make its mark in today’s fiercely competitive industry needs to synchronize its operations and keeps tabs on every single movement happening in the organization. Implementing an ERP for small business manufacturing will allow you to combine different aspects, be it planning, production, financials, sourcing, or customer relationships, into one united program. The manufacturing module in ERP software assists with various imperative functions, including:
A manufacturing business does not take care of the production and distribution of goods and services only. Various other moving parts, such as planning, sourcing, warehousing, quality control, and sales, equally contribute to making measurable progress and achieving the desired results. Successful integration of an ERP help system for manufacturing companies with the manufacturing module enables a business to productively and efficiently carry out otherwise challenging and error-prone activities at every stage. Both small and medium-sized manufacturers can leverage an ERP system and its capabilities easily:
The influence a manufacturing ERP system can have on a business is not limited to a specific vertical in the manufacturing industry. More and more industrialists have started recognizing the importance of manufacturing management software for their business. Different sectors, including housing manufacturers, construction, automotive, and electronics and technology, can significantly take advantage of an ERP system to improve their business operations virtually. Accurate reporting, inventory tracking, supply chain management, production scheduling, and cost evaluation are a few among many ways an ERP system for the manufacturing industry can help a whole multitude of various production, manufacturing, and construction businesses achieve their goals.
The manufacturing industry has been exploiting Enterprise Resource Planning (ERP) software and tools since the year 1990 to track and control their human resources and financials. With an array of integrated functionalities and features, today’s ERPs have quite a lot to offer to manufacturers and production businesses.
All kinds of production companies can count on a reliable ERP system like CyberTech to effectively meet the demand of their customers, increase revenue, uphold productivity levels, and streamline their operations. A powerful manufacturing ERP software can help businesses keep their inventory, supply chain, expenses, and logistics on the right track, thereby getting an edge on the competition, boosting revenue, and improving customer satisfaction. In addition, they can improve the quality of products and reduce wastage and expenses associated with the materials by tracking how resources are being utilized within their organization.
An enterprise resource planning tool acquires and controls all the essential information and data linked to a company’s customers, internal and external workflow, suppliers, employees, vendors, and other operations. The top five characteristics of ERP for an advanced, consistent enterprise resource planning system are:
HRMS is important for every organization.
There are plenty of benefits of HRMS.
Many businesses often pay attention to only the product quality and organizational infrastructure but overlook the point that it is prospects and customers who can, in fact, make or break their business. For SMBs and SMEs, building strong customer relationships and offering a great customer experience is crucial for the growth and success of their business hence CRM software plays a vital role in this. And a customer relationship management system is designed to serve this purpose. CRM system software allows you to gather and organize all of your customer information and data like demographics and purchasing records in a centralized database. Based on the collected and categorized information, you can sort your prospects and existing clients into profitability tiers and deliver an enhanced, personalized experience.
CRM is an abbreviation for Best Customer Relationship Management Software. It is a comprehensive strategy that helps businesses collect, manage, and streamline their customer touchpoints effectively. This strategy consists of various management techniques intended to amplify your overall customer service as well as marketing capabilities. In addition, a winning CRM process is integral to improving your outreach, creating loyalty, and establishing profitable relationships with prospects and both pre and existing customers. A CRM management system comes with a centralized database that can accumulate and track your customers’ behavior, information, and communications. In simple terms, a reliable Best CRM system for small businesses helps you monitor all of the interactions with consumers to understand their needs better.
In general, there are three different types of CRM (customer relationship management) software:
A typical elements of CRM software aims to help businesses better understand and manage their current customers and prospects, build sales funnel, automate sales & marketing processes, and organize customer information. The most key features of a customer relationship management system include:
CRM software, known as Customer Relationship Management software, is the most efficient, robust tool to maintain and establish strong relationships with prospects and consumers. Implementing a reliable, powerful customer relationship management solution will enable you to not only acquire and retain loyal customers but also offer a personalized and seamless experience to your consumers. Employing an ERP CRM system like CyberTech will allow you to:
When your client base and business start growing, it becomes absolutely necessary to focus on improving your customer relationships and optimizing your sales. A Customer relationship management system takes the stress out of managing your customer information and keeping tabs on interactions with your current and potential consumers.
A customer relationship management system like CyberTech ERP CRM software can be leveraged by start-ups, sales management systems, manufacturers, small businesses, medium-sized businesses, B2B companies, B2C companies, small to mid-sized enterprises, retailers, sales representatives, and marketing teams. By developing and executing a goal-oriented CRM roadmap, all businesses can significantly increase their understanding of the client base, improve customer experiences, boost ROI, and reduce their costs.
Companies make use of CRM platforms to manage and improve communication efforts with their pre-customers, existing consumers, and prospects. A CRM system helps them gather and organize customer information and understand their needs to build close relationships with them and improve customer satisfaction.
With a CRM solution, businesses can collect and trace their customers’ interactions from various data sources. These resources include social media accounts, e-mails, messages, phone calls, and advertising campaigns. The acquired data can be used to create data visualization and identify patterns in customer behavior. Businesses can use a CRM system to create a list of contacts based on specific criteria and target them. They can also automate workflows, sales and marketing processes, and data entry.
The term ‘Supply Chain Management cloud software’ has gained a lot of traction these days; however, it is not that new. In simple terms, supply chain management involves the process of planning, sourcing, producing, handling, and distributing products or services to customers. It effectively integrates all critical activities, constantly changing variables, information, and a network of suppliers, businesses, or manufacturers required to develop final goods from raw materials and deliver the products to the consumer. In a nutshell, supply chain management streamlines and automates your entire origin-to-consumption best supply chain management companies
When running your business, you need to zone in on the entire supply chain management solutions and logistics and not just talk strategy. If meticulously managed, it can help you outflank competition and become a global behemoth. However, if inadequately handled, your products or services can sink like a stone and will fade away in this tech-connected world.
The supply chain management SCM system is amazing. The emergence of robust new technologies and systems like supply chain management tracking systems has completely changed the way of handling supply chains and logistics for retailers and manufacturers. Businesses are required to manage not only countless customers but also multiple suppliers and vendors regularly. A supply chain management consulting is designed to optimize and simplify all the operations that transpire between the point of origin and the point of consumption. These operations include demand forecasting, movement and transportation, storage of raw materials, production planning, suppliers, product manufacturing, purchase, and payments.
Businesses with complex infrastructure have to take care of multiple entities across the supply chain. They need to utilize a powerful SCM that offers crucial, in-depth insights and clear visibility into their entire supply chain. Manufacturers leveraging an ERP supply chain management system for their businesses have successfully shortened lead times and improved the performance of their operations.
CyberTech is an advanced, cutting-edge cloud-based enterprise supply chain management system software that assimilates the supply with demand, helping you plan your operations and move accordingly. In this way, every business linked to the chain will remain up to date in real-time and ensure the streamlined execution and completion of the tasks.
Despite the modernization and advancement in technology, the basics of supply chain management remain constant. The SCM process is perfect. A supply chain management (SCM) generally involves six key phases: raw materials, suppliers/vendors/third-party businesses, manufacturing, distribution, retail, and consumer.
The process starts with demand planning and management. Supply managers gather raw, historical data and use business analytics and statistical methods to forecast demand, allowing them to align their inventory levels and deliver products reliably. Once the demand plan is developed, the business identifies and connects with favored, reliable suppliers/vendors to purchase an adequate amount of raw materials or technologies required for the production. The supply chain manager then coordinates with manufacturers who refine and convert the raw materials into the final product.
Afterward, the finished product is sent to a distributor accountable for wholesaling and delivering it to a retailer. The retailer eventually sells the products to their customers.
Before planning, a supply manager must identify and determine what critical components their supply chain contains. A supply chain management solution generally involves five key components: demand plan, supply management/sourcing, manufacturing or production, transportation/logistics, and returns. The supply chain outlines and combines all characteristics of manufacturing and logistics processes, including different operations involved through the pipeline, equipment, moving parts, material suppliers, information, and cash. A well-designed supply chain management clearly defines how to plan and execute different processes and activities to ensure an integrated movement of products and deliver them to the ultimate customers without delays. However, an ineffective supply chain strategy can lead to supply shutdown, production disruption and disconnection, and delivery delays.
While all aspects of a supply chain management software consulting are essential to accelerate and streamline the entire production pipeline, one crucial part that stands out the most is planning followed by communication. Just as you can’t improve what you don’t measure, you can’t put an effective supply chain strategy into place if you have not even planned it yet. The planning process is needed at every phase to make effective business decisions, allocate resources, and organize priorities. The objective of strategic planning is to control manufacturing operations and the entire value chain efficiently.
Be it business planning, producing planning, or resource planning, each stage of planning is essential to successfully move through the first step to the last step of a product’s life cycle. Questions like What are you going to create? and What resources and raw materials do you need? can easily be answered with proper planning. When you plan, make your goals specific, and articulate the components of your supply chain management software, not only is the productivity maximized, but communication with third-party entities is also streamlined.
Every business needs a leading, reliable cloud-based supply chain management system for comprehensive supply chain management. A smooth-functioning ERP supply chain management tracking system will establish a point of connection between your upstream vendors and downstream consumers. For this reason, you need an integrated ERP system like CyberTech loaded with supply chain management planning & monitoring, order processing management, analytics, warehouse management, inventory management, and customer relationship management capabilities.
CyberTech ERP supply chain management software providers will help you:
A Supply chain management software solution is used to manage data and information associated with the raw materials and technologies needed from the vendors or suppliers. While standalone supply chain management software and systems are cheaper, SCM suites or ERPsupply chain management are on the expensive side. The supply chain software cost is somewhat expensive.
The cost of supply chain management software vendors varies greatly depending on its capacity modeling, functionality, feature set, security, performance, and overall sophistication. Many supply chain management software providers offer a free trial version to explore their software’s capabilities and functionalities. The pricing of a supply chain management system starts at $99 per month. On the flip side, some full-fledged SCM systems can easily scale up to a couple of thousand dollars a month, based on the conducted transactions and volume.
There is no denying that accounting, bookkeeping, and finances are the essential aspects of any business that deals with manufacturing, production, and trade. At the end of the day, every business’s core objective is to make a profit. An ERP accounting is a full-fledged business management software that enables you to integrate, automate, and handle your company’s important transactional activities through a central database. These operations include supply chains, banking, manufacturing, financial reporting, transactions, warehouse management, payrolls, etc. As your business volume and size expand, you need a robust system that enables you to record, synchronize, and categorize your financial data and transactions accurately and faster. Rather than spending hours going back and forth between different sources to collect and save your data manually, an ERP accounting system provides all the required information and data instantly and automatically.
When integrated with accounting, ERP software can help manufacturers and businesses automate tasks and handle their accounting and bookkeeping needs effectively. Compared to labor-intensive bookkeeping, leveraging an ERP accounting system like CyberTech will help you conduct your financial processes faster and accurately. Below are how you can unleash the real power of ERP software to optimize your all financial activities:
With your growing infrastructure, a vast amount of financial data is being produced with every tick of a clock. To increase your productivity and business value proposition, it is important to invest in an ERP system that can help you automate and keep track of your financial transactions. Linking ERP and accounting will give you complete control over your financial processes and help you maintain strong, precise accountability while reducing your operational costs. By making use of features like analytical reporting, you can generate timely, insightful financial reports, which aid in monitoring and taming down your expenses. It will also simplify the process of collecting and storing your data from multiple platforms and eliminate the risk of duplication errors with just a few clicks. Other key accounting processes, like profit tracking, payroll, asset tracking and management, and tax management, can be managed efficiently with ERP business management software.
An Enterprise Resource Planning (ERP) software comes with a number of integrated modules designed to manage various business operations, and one of such applications is accounting. Gathering and entering data by hand is time-consuming and prone to error.
The accounting module automates data entry and eliminates the daunting task of cross-checking the information by removing duplicates. The business can directly pass on the necessary financial information to external departments when required. An ERP software makes it possible to automatically create financial entries into the ledger, which can be used to record and monitor transactions on a daily basis. Once set up and running, it can track product inventory and availability, enabling a business to forecast its inventory needs in advance.
Many businesses have a misconception that an ERP software system is an upgraded version of regular accounting software. Well, it’s not true. While both ERP accounting systems and accounting systems share a few similar characteristics, they differ in terms of security, range of services, and functionalities.
An accounting information system only manages accounts and records financial transactions. Conversely, an ERP business management software is designed to handle multiple areas of your business, including bank accounts, financials, inventory, supply chain, logistic requirements, financial reporting, and payrolls.
The finance accounting in ERP software controls the major financial management operations such as general ledger, financial accounting, legal consolidation, and tax management. The business can utilize this component to control budget estimates, integrate financial reports, and monitor financial transactions. An ERP financial software allows you to generate and run analytical reports in order to measure and track the financial performance and health of your organization. It can automate and facilitate cash flow and management, invoices, and billings. The financial accounting module provides the company with the ability to access real-time financial data along with multi-currency support.
The ERP module for finance offers a wide range of features and functionality, such as general ledger, vendor management, reporting, multi-currency support, cash management, and banking management. It helps businesses collect and churn financial data and speed up the process of generating financial statements. One of the main advantages of an ERP business management system for finance is that it can be operated in multiple languages, companies, and geographies. Even when your departments function from across geographies, an ERP system is capable of tracking and managing everything from one central location. It also allows you to predict and evaluate future expenses and revenue, which further helps you draft and implement smart and data-driven financial plans.
There are 5 common methodologies that you can use for your ERP implementations :
The type of methodology you use for the implementation of your ERP management system will depend upon a few factors such as company size, vendor services, business requirements, and availability of IT resources and expertise.
You can always consult with your ERP vendor to decide which will be a more favourable ERP methodology approach for your business and ERP implementation requirements.
ERP implementation is a crucial business process and can take anywhere from a few weeks to a few months. It is important that you plan the entire process in detail and set dates for key milestones to be then able to track progress at regular intervals.
Below mentioned are some other important things to take care of during the implementation of an ERP management system :
Even after following the best practices, ERP management system implementation failures can still happen. Let’s have a quick look at the top reasons :
If you are a small business planning to implement ERP for your organization, it’s best to make a note of the above points and take all necessary steps to avoid these common pitfalls to have a successful ERP management system set up.
Just like any other project, there are some risks involved with the implementation of an ERP management system. Even after proper planning and following the best practices, ERP failures can not always be avoided.
Here is a list of the biggest risks for ERP implementation :
As also mentioned above, you can’t always mitigate all risks but knowing about the possible challenges can help you be more cautious and take the right steps to minimize all losses.