ERP Software for FMCG
Without ERP software an FMCG Company faces the problem of Stock Rotation i.e. dispatch of old stock first. It is difficult to locate stock and the warehouses where the stock is stored. It also becomes difficult to manage growth and diversity of the company. Managing multiple distribution channels, controlling cost while being competitive, Quality assurance are some of the challenges for an FMCG company without ERP.
Cloud ERP ensures FIFO (First In First Out) of stock. Inventory can be managed effectively with Product Expiry feature. There is a detailed bar code thus validation is strictly enforced. The stock con also be matched with the one in warehouse.
It ensures that people don’t do duplicated tasks as ERP is a robust and integrated system which streamlines all business processes of an FMCG company. Handling of numerous and complex sales offers becomes easy. It becomes possible to calculate profitability in different dimensions. Managing Distribution Efficiency and getting a snapshot of all distributes can be done effortlessly.
Sales people can be tracked without any difficulty, Sales promotion can be maintained and Items can be traced through ERP software. It also enables Mechanism to track pending Receivable and Payable claims.
An ERP system helps in inventory management by keeping a track of stock by lot/serial numbers. It supports Procurement Planning and Ageing Analysis of Stock. It also helps to manage multiple order types and Bulk dispatch of products. Accounts Receivable and Accounts Payable can be managed properly. Its Compliance Management Module helps to meet the statutory requirements.
All kinds of Reports required in an FMCG company can be generated through ERP. They can also be exported to Excel. ERP also has a drill-down option to get detailed information from the reports.
ALTISSOFT ERP is an end-to-end integrated solution to tackle all the problems of an FMCG Company enabling Inventory Management, Sales & Promotion activities, Accounting Transactions, Compliance Management, Quality checks etc, ALTIS SOFT ERP having following application-
Accounting/Finance Module
For any business large or small what matters at the end of the day is the bottom line. Financial indicators make up this bottom line. If your business does not have an effective method for recording and analysis of financial data, chances are your numbers might get affected. ALTISSOFT ERP enterprise financial module, you can easily record financial transactions and generate financial reports. The module helps you maintain all important ledger accounts and practice effective cash and asset management. Integration with all the other business functions makes a powerful solution for all your financial management needs.
Highlights
- Multiple voucher types with auto/manual numbering
- Predefined narration entry
- Drill down facility
- Exporting data from external sources like excel sheets etc.
- Simple and easy to use TDS module
- Graphical interface for cheque printing
- Bank pay In slip generation for cheque management
- Bill settlement for payment and receipt against bills and their interest calculation
- Bank and ledger reconciliation
- Multiple voucher Configuration of chart of accounts
- Unlimited number of account groups
- accounts and reports printing
Purchase Module
Purchase of supplies in co-ordination with the inventory and sales functions will help you reduce costs and maintain smooth functioning of the manufacturing. ALTIS SOFTERP Enterprise purchase module has the capability to handle your purchase requirements right from requisition to return. Record all quotations, orders, invoices and returns to help you keep a track on how the order is progressing. Perform vendor analysis and quotation comparison to choose what is best for your business through ALTIS SOFT ERP. With ALTIS SOFT ERP, you can take better purchase decisions to acquire resources at the lowest costs and the best quality.
Highlights
- Comprehensive vendor management
- Configurable price template for purchase documents
- Drill down facility
- Exporting data from external sources like excel sheets etc.
- Simple and easy to use TDS module
- Graphical interface for cheque printing
- Bank pay In slip generation for cheque management
- Bill settlement for payment and receipt against bills and their interest calculation
- Bank and ledger reconciliation
- Multiple voucher Configuration of chart of accounts
- Unlimited number of account groups
- accounts and reports printing
Sales & Distribution Module
If you are looking for a solution that will add boost to your sales and increase revenues, ALTISSOFT ERP sales module will give you the edge in the market. Handling all activities from inquiry to return to outright sales, you will be able to give your sales team the required information at fingertips. Keep a track of your sales through the Sales MIS reports that give you all the sales data on a single screen. You can add the finishing touch to your sales orders by attaching labels, bar codes and customized invoices and other communications through ALTISSOFT ERP printing options. You can follow a standardized procedure for each sale and provide quality services to each customer.
Highlights
- Comprehensive customer management
- Recording of the sales cycle from inquiry to payment and return
- Customer partner roles
- Commission agents and brokers
- Sales representatives management
- Multiple price lists
- Sales schemes and sales BOM
- Export management
- MIS reports
- Multiple order, delivery, invoice types with manual / auto numbering
Inventory Module
ALTIS SOFT ERP Enterprise inventory module with easy and simple tracking of inventory across locations makes sure you have adequate supplies at the right time and at the right place. Covering all activities from goods receipt to issued, the inventory module gives your purchase and sales functions access to useful information. Reports for valuation, re order level, attribute listing and alternate units’ stock report you can look at the broader picture and manage inventory with ease and accuracy.
Highlights
- Bar code enabled tracking
- Multiple Item categories and groups supported
- Multiple units of items can be maintained
- Compound units for items
- Batch number and serial number auto/manual generation
- Expiry control and warranty tracking
- Configurable attributes supported for item variants
- Images, specifications and technical drawings can be attached
- Tax data for item groups as well as item level
- Issue of indents
- Record of goods issued, goods received and goods inspected
- Maintain stock journal and stock transfer
Production Module
ALTIS SOFT ERP Enterprise has a multilevel BOM that can record all the materials required no matter how trivial to the process. You can generate various production order types, issue goods and keep a track of the finished goods and by products. Practice efficient production planning to streamline your processes and reduce wastage with ALTIS SOFT ERP. You can control costs, monitor processes, create resource groups and maintain multiple production locations for your business.
Highlights
- Supports batch, discrete, made to order and made to stock types of production
- Multi level bill of materials
- Multiple BOM variants supported
- Enables process routing
- Formulation of production plans
- Material requirement planning based on sales order and production plan
- Production orders generated on the basis of BOM and process routing
- Manual, Forward and Backward scheduling of production based on process routing
- Issue of raw materials and packing materials against orders
- Finished goods receipt against production order
- By product and scrap tracking during production
- Production costing methods
Quality Control Module
ALTIS SOFT ERP Enterprise has a complete quality control module that will make sure your business adheres to all prescribed quality standards. You can create quality standards based on various parameters and criteria. Quality control can be done for Goods Receipt, Finished Goods Stock as well as on the on processes. The rejected materials can be monitored and mandatory quality assurance documents can also be generated.
Highlights
- Inward QC
- Outward QC
- In-Process QC
- Pending Inspection