ERPNext - Truly Open Source ERP
Core Modules and functionalities in ERPNext
Core Modules and Systems
Like any ERP software, the Core Modules of ERPNext are fully ready for directly using for your Business. As compared to customized software packages or standard Accounting packages such as Tally, these modules & systems are dealt with in a greater depth thus providing the real differentiation over customized solutions or other non-integrated software packagesList of Modules
- Accounting,CRM,Sales,Purchase,Inventory,Asset Management
- Production Planning,Ware House Management,Project Management
- HRMS, Payroll Management
- It is a Free & Open Source generic ERP software
- No User Licences Required
- Can be used by manufacturers, distributors and services companies
- Customizations like UDF's, Workflows, permissions are user definable
- Extensive Indepth Functionality - Suitable for Out of Box Implementation
- Truly OpenSource
- Strong Community support
General Features
Material Requirement Planning (MRP)
This module or wizard can be used to automate the entire procurement ordering or the production ordering system based on the inputs from :
a. Sales Forecasting
b. Sales Orders
c. Existing Stocks
d. Purchase orders in the pipeline
It uses item parameters such as the make or buy, lead days, preferred vendors etc.
Opportunity Management
This module can be used to keep a track of all the activities before the receipt of orders.
Service Module
This module can be used to manage the service based activities as well as maintain the post sales activities for products such as AMC, repairs & maintenance both in terms of spares and schedules etc.
Activities Management
This module can be used to manage the various activities that related to transactions , masters or ever standalone such as meetings, follow ups, phone calls, reminders etc. These activities could be tied to transactions such as purchase orders, sales invoices or masters such as BP or Item master. The activities have to be assigned to a user for a specific date and time and would thus pop up automatically on the for action and response by the user.
Advanced Modules and functionalities in ErpNext
Advanced Modules and systems
Like any ERP software, the USP's of ErpNext are the advanced modules and systems which are beyond typical customized software packages or standard Accounting packages such as Tally. These modules & systems provide the real differentiation over customized solutions or other non-integrated software packages < /b>- Advanced Modules : Website, E-commerce, Point of Sale, Warehouse, Project Management and Services
- Domain specific modules : Schools, Healthcare, Agriculture, and Non-Profit Organisations
- Can be deployed on cloud as well as your own servers
- It is built on MariaDB database system
- It is using Frappe, a Python based server-side framework
Advanced Features
Opportunity Management
This module can be used to keep a track of all the activities before the receipt of orders.
Material Requirement Planning (MRP)
This module or wizard can be used to automate the entire procurement ordering or the production ordering system based on the inputs from :
a. Sales Forecasting
b. Sales Orders
c. Existing Stocks
d. Purchase orders in the pipeline
It uses item parameters such as the make or buy, lead days, preferred vendors etc.
Service Module
This module can be used to manage the service based activities as well as maintain the post sales activities for products such as AMC, repairs & maintenance both in terms of spares and schedules etc.
Website & E-Commerce Portal Management
This module can be used to manage the various activities that related to transactions , masters or ever standalone such as meetings, follow ups, phone calls, reminders etc. These activities could be tied to transactions such as purchase orders, sales invoices or masters such as BP or Item master. The activities have to be assigned to a user for a specific date and time and would thus pop up automatically on the for action and response by the user.
Are you ready for ERPNext ?
Business Challenges
- Are your Business procedures holding you back from growing as fast as you want to?
- Is your top management free enough to focus on its core business areas?
- Is your decision making entirely based on facts, data & analysis?
- Are you constantly in touch with the true health of your business ?
- If the answer to any of the above is unfavorable - it's time for you to upgrade to a standard ERP system !!!
Advantages of ERPNext
- International Best Practices Incorporated
- Extremely low cost of ownership
- Cloud as well as On Premise based Implementtion
- Functional Stability(Free From Bugs & Glitches)
- Continual Functional & Technological Upgradations
- Relatively Quicker Implementation Cycle
- Vendor Independence
ErpNext vs Customized ERP
- Software Designed As per the customisation and needs of business process.
- Customization of ERP software becomes necessary in every part of the technology and because of this technology development most of the organizations tend to customize their software as per their requirement.
- Customization is the process of fitting the chosen ERP software to the needs of a specific organization.
- Whenever the processes represented in the ERP software differ significantly from the processes used by the firm one has two options. First is to build the organizational process into the ERP software through customization. The second one is to change the practice followed by the firm to suit the process native to the ERP software.
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ErpNext vs Tally
Tally Accounting is a software used for accounting purposes. It is provided by Tally Solutions and is a standard business accounting software. It is very popular for accounting in India. It typically covers the day to day basic accounting & book keeping needs of any small organisation.
- To fulfill legal requirements
- To pay taxes and meet other statutory requirements
- To keep the business running by managing receivables & payables, cash, bank.
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Advanced Modules Comparison : ERPNext V/s Tally
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| Material Requirement Planning |
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| Cost Valuation |
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| Budget Control |
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| Approvals |
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| CRM |
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| Service Module |
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ERPNext Comparison with SAP S/4 Hana
SAP S/4 Hana
- Is your business volume (turnover) is really large (greater than 1000 Cr) ?
- Do you want your business processes to be really rigid ?
- Is your ERP budget greater than 1 crore (minimum) ?
- Are you already using a standard ERP for SME's like SAP B1 and is it falling short of your requirement ?
- If the answer to any of the above is YES - then SAP ECC6 or S/4HANA is your right choice !!!