Financial Management
How can I make Money work for me?
As per financial wizards (Gurus), if you, as a business owner of an SME, are not aware of your company’s Inventory Turnover Ratio (ITR), you’re in trouble. PMTrack ERP -Enterprise Version- with Finance & Accounting Module, not just helps you with knowledge of your financial rations including ITR, P/E, ROA, ROE and Gross Profit Margin or Net Income; but also it helps you to monitor and improve them.
All true-blue businessmen keep their numbers (or metrics) on the back of their mind while finalizing a deal. And the most important information, as per Forbes India, is always about cash flows. The very famous Marwadi – parta system (broadly a system that indicates profit and loss on a daily basis—net to pocket, in a sense). Many of the businesses -though they run advanced systems- still use informal parta system, super-imposed with modern reporting (Indian GAAP or IFRS).
ERP Software For Manufacturing Industry
Implement ERP Software for your business
PMTRACK ERP Software Functions
Solve your business management challenges with PMTRACK ERP software
Cost Control
It’s easy for costs to get out of control in a manufacturing or distribution business – particularly if you don’t know it’s happening.
Growth Management
Maybe you’ve expanded beyond your original product line to diversify your business. Perhaps you’ve undergone a merger
Business Intelligence
In manufacturing, customer demand for high quality at a low cost is an ever-present reality. Price pressure can feel overwhelming, especially when you’re facing global competitors.
Financial Mgmt
Manufacturing management in the 21st century requires agility, flexiblity and responsiveness to both customer demand and volatile market conditions.
Governance,Risk and Compliance
If you work in a highly regulated industry making or distributing safety or health products, your business demands lot traceability.
Inventory Optimization
Inventory optimization is a high-wire balancing act for manufacturers and distributors.
Lets work together to create positive change in your business
Get in touch to find out how PMTRACK can assist you and your business today
Maximize Your Financial Performance With PMTRACK ERP
- Some of the business owners have re-affirmed that since implementing PMTrack ERP their inventory turnover has come down from days to 54, but more important, as they tell us, is “we know what we need to do more; speed up our sales and the system alerts to say which items to move out of the plant, we have been holding for over a 7-10 days”
- PMTrack ERP helps the whole company understand the financial reporting basics such as time value of money – 1 rupee today is more than 1 rupee tomorrow. Our customers get a firm grip on the “Cash flow” – how fast does my money comes back to me. You as an entrepreneur get a good sense of the profitability of each deal or customer or item as you want.
- With PMTrack ERP in place, you as business-person can delegate – while still monitor & control the finances on day-to-day basis; without it the span of activity you can engage in personally will remain limited.
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