ERP System

Why ERP ?

Enterprise Resource Planning or ERP is a process where, with the help of technology all departments and functions of an organization are connected into a single system and information flow is enabled between them. ERP software is designed to automate data sharing, avoid data duplication, ensure data integrity and facilitate informed decision making. All in all, it is a high-tech based system that caters to every department and special needs and makes business management effortless.

An ERP system can be ineffective if not carefully implemented. Improper execution can also cause businesses to fail rather than profit. A successful ERP implementation is one of the key factors in achieving rapid ROI.

Get it Now

How Does An ERP System Work?

An inherent characteristic of any ERP program at its most basic level is the integration of complex functions performed by multiple departments into a single framework. ERP systems simplify business processes and information throughout the organization, remove barriers between departments and make company information easily accessible.

In addition to department synchronization, ERP software also automates and simplifies daily business processes. ERP systems also contain a number of modules, each typically designed to focus on maintaining the workflow of a specific business area. Unlike stand-alone business management systems, where data is entered manually to generate consolidated reports, an ERP solution allows employees to automatically generate any report from a single system without additional effort. Other ERP products include interactive dashboards that allow employees to easily and quickly understand business performance based on the most important metrics.

Magtec Solutions

Key Benefits Of ERP Systems

In today's complex business world, it is impossible to ignore the impact of an ERP system. Since all the information and processes of the organization are managed by ERP systems, companies can integrate different departments and improve overall work flow, resulting in significant savings.

The main purpose of implementing an ERP system is to create business benefits, which are described below:

ERP for Small Business
Although ERP systems can manage any business, the requirements of a large company and of a small or medium-sized business are never the same, even if they belong to the same industry.
ERP for small businesses are applications that are reduced models with fewer or only essential functions and are more cost-effective.
On-premises or Cloud-based ERP
Traditional ERP systems require physical servers and hardware to be installed in the company and its premises.
In contrast, in cloud-hosted or web-based deployment models, the program is hosted on remote servers, making the data stored in it more accessible to users. Employees can freely use ERP systems from anywhere and on any device with an internet connection.
Industry Specific ERP
Unlike universality, the latest ERP systems are customized with functionality that supports the organization and its specific unique needs.
These ERP applications ensure rapid optimization of business processes and faster adaptation to changing market demands.
Magtec ERP

Modules Of ERP

Our ERP system modules help organizations manage various departments and their functions using a centralized application. Some of the main modules of an ERP system are mentioned below:

ERP Module One


This module allows companies to manage all financial transactions, both inflows and outflows. The tool tracks all financial transactions of a business such as expenses, accounting, bank statements, budgeting, payments, etc., allowing users to easily access all information.

ERP Module Two


The Customer Relationship Management(CRM) module of an ERP system helps organizations manage customer data and transactions more efficiently. With this module, companies can improve their customer service and build strong business relationships that increase sales.

ERP Module Three


Human Capital Management(HCM) module helps the HR team store, track and manage employee data related to their performance, skills, attendance, payroll, pay reports, benefits and more.

ERP Module Four


The Production module includes Materials Requirement Planning(MRP) functionality, which is an important prerequisite for the manufacturing industry. This allows manufacturing organizations to outperform their competition while maintaining the highest production standards.

ERP Module Five


The Sales module has several functions such as sales research, intelligence analysis, proposal creation, receipt and processing of sales orders, invoicing and other functions that support faster lead conversion and improve future lead generation capabilities.

ERP Module Six


The Inventory module tracks all inventory and tracks their current location in the warehouse or stores. This module allows warehouses to optimize their inventory and reduce wasted space. Although best suited for retail and warehouse management, it has applications in many other industries.

ERP Module Seven

Supply Chain

The Supply Chain Management module ensures that companies experience an effortless product flow from producers to consumers. It is often used by suppliers, manufacturers, distributors, warehouses, warehouses and retailers.

ERP Module Eight

Quality Control

High quality, commitment, quick response, data decisions, employee participation and an effective quality management culture that will transform your business and create a well-organized structure are important features of the Quality Control module of ERP systems.

ERP Models

Cloud ERP

Private or public cloud ERP solutions are available. Internet-based IT resources are available from external service providers through public cloud ERP systems. Companies using the service must pay only for the resources used. In private cloud ERP systems, IT resources belong to the organization and only its employees can access them. Both offer great ways to quickly implement ERP with cost benefits.

On-Premise ERP

On-premises ERP systems run applications on servers installed in and on the organization's premises. Companies using an on-premises ERP solution directly manage the operation and maintenance of servers and storage. This requires a greater investment in terms of costs and the resources used to maintain them.

Hybrid ERP

Hybrid ERP is a combination of both cloud systems and local systems. Organizations using a hybrid ERP system can continue to manage critical business data in their own data centers. At the same time, they also benefit from storing huge amounts of data through a flexible and scalable cloud ERP system.

Factors to Consider When Choosing ERP Software

A business that is constantly growing must ensure that its ERP systems can withstand expansion. In other words, you need to find the best ERP system for your business with future expansion and growth opportunities in mind. Here are some key factors you should consider when choosing ERP software:

Organizations need aggregated data from different departments to get the complete business overview needed to make decisions. Multiple departments produce multiple reports that all need to be combined. Doing this manually takes time and can cause errors. Integrated ERP systems simplify reorganizations and reduce reporting errors.

Another key consideration for any company that operates internationally is whether the ERP system is capable of handling multiple currencies and complies with tax regulations. The right ERP software would demonstrate these capabilities efficiently. The system provides multi-currency support and responds instantly to changes in local tax regulations.

The best ERP systems standardize business processes through a centralized interface, thus providing greater access to organizational data. This helps companies monitor, handle and have greater control over all departments and processes.

Every ERP system needs to be customized to suit specific business requirements and objectives. It enhances the efficiency of the ERP system in providing simplification in operations, seamless mapping of business processes and meeting the reporting requirements.

Scalability is the capability of an ERP system to support the increasing volume of operational data or business growth. It's an essential quality that allows users to easily set up new business processes and streamline them to maximize productivity.

Cloud ERP systems on the market are relatively new because businesses already use on-premise systems. In such cases, there is a lot of data stored in the legacy systems that cannot be moved into the new system instantly.
A best suited ERP solution ensures co-existence and synchronization between on-premise and cloud systems. This two-tier implementation would help businesses to continue using their existing software while getting introduced to agile cloud systems for new divisions, without disrupting ongoing processes.
Magtec ERP

Enterprise ERP Trends

Mobile ERP

ERP systems are now available for mobile phones. Employees have real-time access to reports and dashboards that can be accessed anytime, anywhere.

Cloud ERP

The benefits of cloud ERP systems are evident in all industries. Company data is stored on remote servers that are easily accessible by employees, regardless of their geographic location or the device they use.

Magtec ERP

Get Started With Magtec ERP Solutions

Get started with Magtec ERP Solutions Whether you are a small or medium-sized business owner looking for a cloud-based ERP solution to improve productivity, or a large enterprise that needs to support and grow diverse business development, our AI-powered ERP. systems are designed and developed to help your business succeed.

Get In Touch
Start a project with us

If you want to work with us. We'll answer your question within one business day after sending to us

Get In Touch !
  • Laptop
  • Bill
Click to Chat on WhatsApp