ERP VS CRM Software

Enterprise Resource Planning. (ERP) and Customer Relationship Management (CRM) are business driven software that helps in increasing business efficiency and reducing cost for an organisation . Using CRM and ERP helps to effectively manage customer interaction .

ERP may help you to effectively measure sales and marketing department performance but will fail to measure the performance of customer which is often measured by a CRM software . Let’s discuss some merits and uses .

CRM

CRM is a software helps to manage company’s customer interaction in organised manner . CRM compromises of all the features like sales and support , customer interaction and engagement , prospectus and business partner .

Traditionally CRM was the software used by only sales department to maintain client and prospectus . But when it comes to reality CRM is used by different department for multiple purposes .  For instance a CRM can be used by sales department to take regular follow ups , sales projection can also be predicted by CRM , and at the same time support and complain department may use CRM to raise a support ticket and assign the executive for solving the complain / support to customer . Modern CRM also has marketing automation system thus enabling marketing department to send mass email to all customer at once regarding any kind of promotion or offers thereof .

When is specially comes to the used of the CRM , there is no limit of its usability . It is just like sea which has no end point .

ERP

While at the coins one side CRM focuses on front side office management , ERP system on the other side focuses on business at large . ERP facilitates sharing of information with the rest of the company , thereby facilitating improvement of overall efficiency . ERP has been customised for each of the industry individually as per their demands and supply like manufacturing , product or finance department ERP system automates many of the organisation process thus enabling company to make better strategic decision .

In other words , ERP is back office application as it is no way related to customer management .

CRM And ERP

Look why the title of this section is not ” CRM or ERP ” .  Both software servers completely different task which is yet a very important task of the organisation . CRM helps in building a deeper relationship with the livelihood of any business organisation ” Customer” thereby making a profitable enterprise , whereas on the other hand ERP allows internal management of the organisation as it may encounter from time to time .

Having both solution for business namely ERP and CRM software solution is always proven beneficial for any company thus increasing profit , saving time and increasing staff efficiency .

Usually a growing business organisation will first adopt a CRM solution to establish a stronger customer relationship and several support department . In small business organisation there is a small room and teams are just a few feet away , then obviously there is no need of using the ERP system .

Thereby a CRM system will help in marketing automation together with maintaining healthy relationship with clients by sales force automation , thereby creating new business opportunities thus helping business grow to the point when ERP system becomes the necessity of the organisation .

Integrating ERP And CRM

Once your business system has stepped into ERP system together with CRM its time to start thinking about the integration process of CRM and ERP .

Lack of integration gap may increase the information gap within the company . For instance a manufacturer might keep the stock record on the ERP system which may later be crossed checked by sales department before processing any of the orders , thereby confirming stock availability and also automating the task of stock update , which may result in some error in case of manual entry . On the same time a sales representative may check the customer credit history and can give them stock as per the existing credit history only .

So before purchasing or handing over your software development requirement , business organisation should evaluate their specific needs and requirement to the software development company. Here at Winklix , every business organisation must adopt a basic CRM for their organisation , but if later on their working are getting complex day by day , then they may move to ERP system integration .

ERP Software : Build vs Buy

erp software development company

The  very first question which arises while choosing the ERP system is whether to build custom ERP for your. company or buy the ERP from the vendors .In a race of choosing ERP solution for your business to improve your performance and automate your task choosing the most suitable solution will definitely help you in growth of your business . As a custom ERP software developer , we ensure our clients that we will deliver customised solutions as per the custom needs of our customer . The question which needs to be solved is will custom ERP solution will add on additional value ? In order to choose the most viable option by companies , its important to analyse both the options . While custom solution may be proven beneficial for most of the companies , but somethings going on with mass vendor route may make sense for others . In this article we will discuss the pros and cons of every solution in order to facilitate decision making process .

When To Choose Custom ERP Development Company ?

You Want A Unique Fit

The main benefit of choosing custom ERP development is you will have total control on developmental process . You can discuss in details all your requirements and business peculiarities to developers . In mass vendor software you may find that lot of things which might not be no use for you and may be proven incapable of addressing most of the issues of your organisation . In this case without any question asked , custom software is the only way to go . It is known fact that company with best technology will tend to grow more .

You Want Fluidity

One of the biggest advantage of custom building the software is they are build with keeping in mind future modification and enhancement in mind . You will have a complete fluidity if your business grows and you want additional things . Moreover custom software can take place of your existing software , which is next to impossible in case of mass vendor software .

You Want Reliable Support

The software development company will offer you a full time reliable support as soon as you hire them on the job . In addition to above you will have access to round the clock technical support team at your convince in order to effectively solve your problem that you may face during the use of custom web based ERP solutions .

When To Buy ERP Solutions ?

You have budget constraints

The main reason when most of business step back from building a custom ERP solution is cost of developing Erp software  . Mass vendor products tends to be cheaper than customised software .

You have time constraints

When you want ready to use solution and really don’t have time to build the complete software , then there is no other alternative available . Off the shell software are ready to be installed as soon as you buy it . But always keep in mind that mass vendor software will need additional time to train your employees and will cause you additional cost . Moreover that will not be able to do the same things as in customised software .

You see no additional value in it

The best solution is get the demo of the mass vendor ERP . In case they have all the things as required by your company and you are actually not in requirement of canned software that can satisfy all yours needs , then obviously there is no point of investing in custom solution .

Conclusion

Each system has their own advantage and drawbacks . It totally depends on your requirement that which one to choose keeping in mind the above points . In case you are looking for some custom ERP Software development company who can be upto your expectation and provide you 24×7 support then you can choose winklix .

How Mobile Apps Are Transforming Banking Sector

banking sector app development

Just a simple question to start with ? Which did you last visited the bank physically ? Most of you do not remember the same . It is the fact that as the technology is getting mobilised , so is the banking sector . We can do almost everything from the convenience of mobile app and that’s so in a very secured environment . Due to technology advancement in banking sector , presently we are able to experience hassle free banking experience .

With the technology advancement over time , even the banking app has been converted into easy to use mobile applications , in comparison with the bulkier version earlier . Due to this a person who does not even have a penny of experience of using mobile app , can easily carry on banking transaction through mobile app . Along with this , there are many other benefits of mobile app that have changed the way of doing banking for us and some of them have been elaborated below :

1) No Waiting In Queues

If you are one of those person whose day’s first task is to visit the bank for doing any of the transaction , then you must be thankful now for banking apps that have changed your life . You can perform the same task by clicking on few icons in banking mobile app .

2) Convenience To Consumer

All banks works during business hours , usually between 9:30 am to 5 pm , and that is the time most of us go to our offices . This radically means when you are suppose to visit banks for performing any of the transactions , by taking leave from your office that will obviously cost you more . But with the launching of mobile app , this scenarios has been completely replaced . Now in person can do transaction anytime and from anywhere in the world .

3) Immediate Transfer

Usually in India , it takes 3 working days for any cheque to get credited in bank account with is obviously time taking process . But thanks to banking app , it can be transferred within few second and that to from anywhere .

How Is technology Seeing This Shift In Banking Sector ?

A well deployed banking app development must have an awesome UI/UX design for their banking customer . Also security is one of the greatest concern while taking about the mobile app , so that custom can get peace of mind by using banking apps on their mobiles . Latest introduction of technology like BHIM app , UPI has improved the banking sector by joining in all the bank together and thus making transaction between different bank just a click away .

Introduction of latest emerging technologies like Big Data , AI , Blockchain , IOT has open the whole new door for banking sectors .

Banking which were earlier thinking of opening thousand of branches for the convenience of their customer is now more focusing of development of their website and mobile app . The advancement of technology is already created a virtual banks , and in newer future new physical bank brand would be a rarity .

Winklix.com is leading mobile app development company providing website and mobile app development solution across all industries .  We are also leading CRM and ERP software development company thus facilitating IT solution in simplified manner .