ERP Software Solution in India

Today, India is transforming into world IT hub and all major players in the field are working constantly
towards promoting and expanding their market. In this scenario Enterprise Resource Planning (ERP) will
be playing a major role in growth of small and medium size industries in India apart from contributing
largely into the big business enterprises.

ERP system will help streamline the functionality and technicality of a software solution in an organization,
without any doubt will be an added advantage in generating return on investment.

If the facts and figures are be believed, the ERP market could boom in India and give the necessary
impetus to stakeholders. ERP software solutions were initially used only for back office functions. They
were not given the due importance and treated just like another supporting function. Reasons like lack of
awareness formed one part while other reasons were costs and technical difficulties.

As explained earlier the gradual demand for ERP increased with a slump in the software market. Since
this led companies to go in for ERP they automatically started to learn more about it either by force or felt
need as they were left with no alternative. This indirectly created the awareness among companies. They
learned more on ERP and realized its diverse applications. Finally they resorted to use of ERP for the
whole of the company and stopped the idea of restricting it to mere back office functions.

Financial burden is a major determinant of ERP market in India. Many companies are hesitates to invest
in ERP due to the exorbitant costs involved in it. Realizing this situation, eresource Infotech, has come out
with an ideal ERP solution, which will be affordable to small and medium enterprises.

Today, eresource Infotech has become a name to reckon with in arena of ERP solution providers. We
have accomplished this achievement in a short span of seven years by our unrelenting efforts and
services, which helped many small and medium scale organizations yield good return on their investment.

Only eresource ERP generates reports as per Indian conditions for all kinds of Statutory Records.

These are some of the points that make eresource ERP the only Web-based ERP in India with a 100%
ERP solution for Indian business condition.

What is the reason for ERP market

growth in India?
ERP market in India steadily growing for the last few years and the main reason for this
enormous growth can be attributed to the inability of order system to manage the
conversion to year 2000. There are also other factors such as industry best practices,
easy and faster implementation and good cost predictions.

Another factor behind the growth is that already existing clients acquire more licences
and modules. The number of employees using the ERP system is increasing and the
ERP clients who have started with the basic modules are going for subsequent
applications. There is also a trend to replace customized system with standard
application packages, like an ERP system.

India is expected to present ERP suppliers an important marketplace as manufacturing

companies are significantly investing in technology solutions to improve their
manufacturing operations.

According to observation made by some experts in the field, the ERP market started
showing solid organic growth since 2004 as IT spending improved.

The Indian ERP market experienced CAGR (compounded annual growth rate) of 25.2
during the period of 2004-2009. The market was $83 million in 2004, and is projected to
be over $250 million in 2009, according to a research report.

The report further clarifies that manufacturers in India are increasingly implementing
ERP solutions to ensure that decision makers have the required information visibility
across the value chain.

Majority of Indian manufacturers are small by global standards, requiring easy-to-use

ERP solutions to meet their specific process requirements, including localisation needs
to address the continually evolving tax and statutory requirements. Small and medium
enterprises across industry verticals and micro verticals, such as automotive,
pharmaceuticals, and textiles, are leveraging ERP solutions to gain sustainable
competitive advantages.