Kunal Singhal, founder and MD of Eazy ERP, in an exclusive interview with DQ Channels, talks about the company's expansion plans and the benefits of ERP solution
To integrate all aspects of a business' operation into one easy-to-use system, many companies turn to Enterprise Resource Planning (ERP) solutions. As an ERP is based on a common database, it allows every department or function to store and access information in real time. A typical ERP can provide solutions related to accounting, production, materials management, quality, sales and distribution, HR and project management. ERP takes all the software and applications used to run each of those divisions and converts it to one software program that is standard across each of the departments
Can you introduce Eazy ERP for your customers?
Launched in the year 2008, Eazy ERP provides effective enterprise software solutions to various enterprises through cutting edge technologies. It integrates Tally solutions in its ERP range of solutions for SME customers.
The system enables the manufacturers and distributors to function promptly, which will able to improve the volume of production and fulfilment of orders while reducing costs. By optimizing manufacturing and distribution operations with ERP, the companies are also be able to focus on new business opportunities.
What is the company's business strategy?
Smaller companies are looking for personalized low-cost ERP solutions. However, branded solutions available in the industry are highly rigid and fail to address the day to day
requirements of the Indian companies. ERP solutions offered by established international players are highly priced. In such a scenario, we are targeting companies which are looking forward to adopting ERP solutions to increase efficiency, manpower and comply with various regulatory guidelines.
How your solutions can help small and medium scale enterprises?
The USP of Eazy ERP is ‘Tally Integration' system that possesses 100% data synchronization with Tally. Hence SMEs need not to transform from Tally software. This unique USP of our system helps people work efficiently and easily.
Which are the verticals are going more for Eazy ERP?
Eazy ERP provides a range of solutions to serve to various domains and industry verticals. Our Tally Integrated Enterprise Software solutions have proven their mark in Foundry, Forging, Automobile, Pumps, Paints, Wires and cables and Infrastructure/Real-estate industries. Now we are adding two more verticals to it-‘Textiles' and 'Pharma'.
In addition, mainly manufacturing sectors are adopting this solution in aggressive manner. However other sectors are also gearing up. For EazyERP, its easy to convince enterprise owner to adopt ERP system for their growth in business as they need not to shift to a new platform due to its flexibility.
How Eazy ERP helps in improving an organization's performance and efficieny?
The ability of an ERP system to provide the same updated and accurate information across different functions is what makes the application so valuable to them. EazyERP's designed Tally Integrated business solution has an innovative reporting tool that analyses entire data on one screen and provides one click reporting for top management of the organization.
The advantage of ERP is the fact that people in different departments can all see the same information, and update relevant information. As soon as one department finishes its part of the order, the ERP system forwards it to the next concerned department, which is defined in the workflow. Eazy ERP improves the visibility and compliance, reduces the operating costs, provides error free solutions and standardized business processes. Eazy ERP implementation done right, can build the foundation for future growth, and translate into improved productivity, cost savings, and a much better bottom line.
Can you tell us about cloud ERP in India? Do you think this could be a profitable solution for Indian SMEs?
Cloud ERP is the future of India due of its flexibility and cost-effectiveness. It offers extensive benefits for growth and expansion of business. Cloud based ERP can benefit customers by providing application scalability and reduced hardware costs as one doesn't have to manage hardware, software, and upgrades that reduces up-front expenses and can have greater control over integration and require local access to their data server.
Presently Indian infrastructure is not adapted to cloud ERP as major of MSMEs are not Internet savvy and don't have uninterrupted internet facility to enjoy the Cloud ERP. With new generation coming up in the sector, Cloud ERP will surely make its place.
What are the company's future plans and targets?
This year we are looking forward to expand our reach in India. Currently, we provide services to companies in North and Central India. The company will foray into South India as well. Also we are planning to add channel partners across the country. Our aim is to add atleast 2 partners from each city and with this strategy we can easily increase the number of channel partners. Currently 8 partners are working with us.
Last year we victoriously achieved our target of Rs 2 crore and this FY, we are expecting a revenue of Rs 5-6 crore.
Also with the increasing adoption of 3G and 4G devices, there is a growing demand for integrated ERP solutions. A large number of companies want to access ERP solutions on the go through their smartphones and tablets. So keeping that in mind, we will be launching mobile/tablet apps in the month of April 2014. Eazy ERP hopes to address the burgeoning demand for mobile applications with the release of version 3.0.