Dashboard is a mini application in the software that processes large measures of data into graphical diagrams, charts and simplified reports. The application is very user friendly and can be customized on user basis. For example a Sales Manager can configure his dashboard to display the Net Sales for the Month, Customers Outstanding Statement, Sales Order Outstanding and Individual Performance of his team. The concept behind dashboard is to give instant access to every key figure of the business related to a user’s scope of work on a real-time basis thus, no more digging through multiple reports for information consolidation and analysis.

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The Finance module of HERCULES ERP is more than just a powerful accounting tool. It helps businesses to understand what respective figures represent and simplifies decision making. It also allows them to spot trends and gain insight into the business activities. Most of the financial practices and procedures can be automated in a business including the statutory compliances. Every transaction appended or updated can be tracked through audit trail. There is drill down (zoom-in) function from reports to lookup information at transaction level. This can be done for departments and locations irrespective. The major components of this module include cash/bank related receipts and payments and provision to make adjustment entries through the Journal. Businesses can generate reports using filters such as Department, Ledger and Subledger.

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Asset management can be complicated and very tiring especially with situations such as Asset Assembling prior to Installation, Revaluation of Asset (on prospective and retrospective methods), and Depreciation posting on a monthly or quarterly basis. HERCULES ERP is designed to manage every asset related operation with minimal effort and tremendous flexibility. Define Group, Subgroup for Asset and maintain Asset on Location and Department basis. Automatic depreciation computation allows generation of updated Balance Sheet with the exact asset values anytime – a real boon for monthly and quarterly filing of Balance Sheet.

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The Sourcing and Payables module provides controls for the complete Procurement Process, from Vendor Quotes Tracking, Inspection, to Cost Accrual and Vendor Payment. Procurement of Raw Materials for Production and Sales is also streamlined through this module. Indent Requisition, Requisition Approval, and automated Order Processing on approval are some strong functions of Sourcing module. Functionality also includes report generation for Vendor Performance and Stock Status analysis based on Purchase Order status.

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Identify and seize onto new opportunities of revenue generation with the help of an efficient Sales & Receivables model. Keep your clients satisfied with complete and accurate information of every transaction with them. Study the client’s preferences and buying patterns. Identify your preferred customer segment and most importantly make the right decision at the right time. With precise client information businesses can satisfy clients regularly. All Customers and Sales related information can be captured through this module. Enquiry Tracking, Order Processing, Goods Quality Inspection and Invoicing are some key stages covered here. Pivot tables to customize reports to your viewing requirements and various predefined MIS reports for Customers and Sales analysis are also included. The system is equipped to generate reports on Sales Representatives, Location Performance, and Customer Rating.

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Maintain precise In-hand stock for every inventory product as the system tracks the minimum, maximum and reorder stock levels and optimizes capital utilization. Information on potential product shortages in near future and product acquiring lead time is always on your fingertips. Inventory management is equipped to group and sub-group products on category and compute taxes automatically. HERCULES ERP empowers businesses to meet every client order not only in quantity and time but also in quality. Batch Inventory and Product Specification Management are the specialized functions for this purpose. Control the stock movement from any geographical location and view the updated stock status reports on individual warehouse or consolidated basis in a fraction of a second.

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The general components of this module include Bills of Material Creation, Raw Material Requisition, Production Scheduling, and Supply Planning. Although the basic flow is standard throughout different industry verticals however, every business has something that makes its process unique. Every module in a Manufacturing business pivots about the Manufacturing process – Purchases are made to support Manufacturing, Manufactured products result into Sales and Finances are mostly incidental to Manufacturing. This makes manufacturing process the most critical phase in this industry segment. We design the workflow precise to your requirements in consideration with every unique process. HERCULES ERP has an automated Excise computation function to handle Excise regulations as per the Central Excise Act. Reports such as RG, PLA, ER1 can be generated from the software without duplication of any data entry.

Employees are an integral part of any business and the success of a business is determined by the efficiency and productivity of its employees. Some businesses therefore, offer stakes to its employees to increase employee’s dedication and sense of ownership. HERCULES ERP empowers users to store every inch of information related to an employee. The Employee Master contains information broadly classified into two main categories - Personal Info and Professional Info. Personal Info contains the general information about the employee such as Address details, Contact details, Date of Birth, Family Information, Educational Qualification, Experience details, etc.

The Professional Info contains information of his current employment. An employee is tagged against a location, a department, a Leave and a Pay Structure in the business and over a span of time receives performance reviews, promotions and appraisals. All this information is consolidated from various masters and entry modules to be reflected under the Professional Info section in the Employee Master. The system is also equipped to handle Time Attendance Machines, Labor Wage Calculation and Loans and Advances of the employees. Gratuity and Superannuation benefits are auto computed and every other statutory reports including ESI, Professional Tax and Provident Fund is generated from the system. Most importantly, there is no duplication of data entry and all information is online and real-time.

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Business Intelligence Tools provide historical, current, and predictive views of business operations. Its objective is to support business decision making through data analysis. HERCULES has three different types of Business Intelligence tools to assist effective businesses decision making. Online Analytical Processing (OLAP) – provides the opportunity of data analysis through different business dimensions, Query Builders – allows the users to generate queries on data patterns and Data Mining looks up significant correlations in the data.