Spark ERP

erp

Nowadays, a trend catching up is that of web-based ERP systems. The major advantage of these web-based ERP’s is that they traverse multiple platforms and can be maintained from one centralized location. There is no requirement for a client installation to deploy them.

Web-based Spark ERP system is designed to address the problem of fragmentation of information in manufacturing organizations. Spark ERP system promise to normalise the entire business strategies with a suite of software modules covering activities in all areas of the business. Furthermore, Spark ERP is used as a desirable and critical link for enhancing integration between all functional areas within the manufacturing enterprise.

Web-based Spark ERP system can also be defined as a packaged business software system that allows a company to automate and integrate all of its business processes and share common data and practices across the enterprise. Through integration of various functions in the organization and making the facility available online, managers and staff alike can use timely information to make better decisions and to perform activities, which add value to the company.

We must also say that the implementation of Spark ERP should not be looked just as a tool for automation of the transaction system. The major objective of Spark ERP system is to improvement of business processes.

Spark ERP system merge an organization’s key operations, including the manufacturing, distribution, financial, human resources and customer relations departments, into one software system.

ITSpark’s goal is to ensure each and every ERP project is a success. Our team of experienced consultants help companies select the right ERP system and implement it properly, so that the project results in ultimate success. This is accomplished through ITSpark’s ERP software selection process and our extensive experience with several ERP vendors. Once ERP software is selected, ITSpark can assist with the ERP implementation and organizational change management to ensure the utmost return on investment is obtained and that the project comes to a successful completion.

 

 

Features in Spark ERP Solution

To render ERP a worthy investment, you should search for solutions that possess a series of key features and capabilities. These include:

1. Manufacturing: It’s not the trendiest application of ERP technology but it’s one of the most important. Spark ERP manufacturing module delivers number benefits, including:

  • Cost reductions through efficient inventory management
  • Detailed reports on business-critical inventory information
  • Streamline the production process with established goals
  • Accelerate production cycles.

Key functions of an Spark ERP manufacturing software module include engineering, workflow management and quality control in order to ensure the delivery of real-time data regarding inventory information and the production process.

2. Financial management: Spark ERP system has a strong financial component to ensure companies meet financial reporting and tax requirements with a single accounting, banking and payment systems. But that’s not all. Managers can enhance financial performance with real-time information on their department’s expenses and revenue contributions. What’s more, a financial management module can help improve cash flow, lower costs, and increase profitability while maintaining more accurate, timely, and transparent financial reporting.

3. HCM (Human Capital Management): Spark ERP HR modules have moved beyond core processes including employee administration, payroll and legal reporting. The latest solutions feature a host of capabilities including resource, workforce and talent management. Scheduling, time and attendance, performance support, recruitment, employee performance, competency management – they’re only a handful features companies should look for in an ERP system. What’s more, reporting and analysis tools provide customized insight into common HR processes. And Web-based tools grant HR managers remote access to important employee information and HR procedures while travelling from branch to branch.

4. Ease of integration: Whether you’re migrating legacy data into a new ERP system or adding a third-party application to an existing one, there’s no denying the integration issues that accompany many ERP deployments. It’s a necessary evil as ERP modules, from HR to manufacturing, must be tightly integrated with all other business-critical applications, including office productivity suites, in order to deliver real business value.

 

Following are the main characteristics of Spark ERP

  • Flexible: These days, way of doing business is changing fast due to changing in law and amendments in the standards. So, management of business process done through Spark ERP is simply flexible.
  • Multi-Facilities: Spark ERP System has multi-facilities. It means, it can work in multi-currencies, multi-mode manufacturing and multi-platform.
  • Strategic planning: Strategic Planning is the main and top function of business. Spark ERP integrates all its sub-part systems for making better strategic planning.
  • Optimize the data: Spark ERP system optimizes the data for effective utilization of limited business resources. It also optimizes the data for reducing cost and risk.
  • Project Management: A good ERP System collaborate the team in real time for working together on a project, which is done by our product. Everything about the project process can be tracked through this.
  • Automatic Functions: We can measure the quality of our ERP from its advance automatic functions. With these automatic functions, your organisation can save lots of time. This automatic function may be in electronic fund transfer, electronic data interchange and eCommerce.

 

Spark ERP consists of the following Modules:

  1. Accounting: This module keeps track of all account related transactions like expenditures, Balance sheet, account ledgers, budgeting, bank statements, payment receipts, tax management etc. Financial reporting is easy task for this module of Spark ERP.
  2. HR: The Human Resource Module in Spark ERP has a set of rich features and integrates seamlessly with other module. It offers you wide solutions for HR department making it possible for other department to access specific employee data. The HR modules covers all the function required in business practice and is flexible enough to optimize the business processes by configuring to suit customer’s requirement.
  3. Billing: Our complete billing system module is designed and develop to accommodate all types of invoicing, billing reporting, collection and other types of day to day activity that is time consuming and chances of error is higher. The system is designed for several types of business and it can further accommodate the customization as per your business requirements without any extra payments and too much time to develop. In essence we can deliver you one of the most complex billing system with simplest functional and operation interface along with your custom requirements.
  4. Inventory: it can be used to track the stock of items. Items can be identified by unique serial numbers. Using that unique numbers inventory system can keep track of item and trace its current location in organization. There may be integration of inventory module with purchase module of ERP.
  5. Purchasing: the module take care of all the processes that are part of procurement of items or raw materials that are required for organization.  Purchase module consist of functionalities like supplier/vendor listing, supplier & item linking, sending quotation request to vendors, receiving & recording quotations, analysis of quotations, preparing purchase orders, tracking the purchase items, preparing GRNs(Good Receipt Notes) & updating stocks & various reports . Purchase module is integrated with Inventory module &  production module for updating of stocks.
  6. Production: the module is great help for manufacturing industry for delivering product. This module consist of functionalities like production planning, machine scheduling, raw material usage,(Bill of material)preparation, track daily production progress production forecasting & actual production reporting.
  7. Sales: the typical sales process includes processes like Sales queries & enquiry analysis & handling, quotation drafting, accepting sales orders, drafting sales invoices with proper taxation, dispatch/Shipment of material or service, tracking pending sales order. All these sales transactions are managed by sales module of Spark ERP.
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