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Today, small and medium sized businesses (SMEs) also face some of the problems that large enterprises do. One of them being planning and managing their resources. SMEs face similar complexities but have limited resources to deal with them.

How Businesses Can Make the Most of ARC

ARC is more than just an ERP system—it’s a robust, adaptable platform designed to streamline operations and empower businesses with tools to manage resources effectively. From accounting and human resources to customer relationship management and manufacturing, ARC offers a full suite of modules that address key business needs. Here’s how companies can leverage ARC to boost productivity, reduce costs, and drive sustainable growth

Small business (like their bigger counterparts) have to:

  • Do accounts to track their sales/purchases
  • Do their taxes
  • Pay their employees
  • Manage deliveries within promised timelines
  • Deliver quality goods and services
  • Communicate with customers, answer their queries

Large enterprises invest millions of dollars in highly sophisticated systems to help them achieve consolidation of data/records in their fundamental business processes such as accounting, taxation, payroll, reporting, and supply chain - to name a few.

In contrast to large enterprises, SMEs have been left out of the 1st wave of digital revolution (1995-2015). The main reason for being left out is because they don’t have the financial resources to license hire programmers and customise such software to match their needs. Systems like SAP have been a no-go for most SMEs. Such systems need a minimum CAPEX or OPEX layout of $100,000 and upwards.

So today, small businesses continue to struggle to keep things organized. They often use a mix of applications and tools such as spreadsheets, accounting software, web-based CRM to managed their day to day record keeping. As a consequence, they have to access different systems to understand customers’ master data, sales, cash flow, or profitability. The information exists in different silos. It becomes hard to combine the data in order to get useful insights or alerts. This leads to SME’s being reactive instead of proactive in their day to day operations. With such a constrained way of working, there’s limited scope for growth. 

Key Benefits

  • Keep track of the financial indicators of the organisation.
  • Track all invoices and payments.
  • Know what quantity of which product is available in stock.
  • Identify and track your key performance indicators (KPIs).
  • Identify open customer queries.
  • Manage employee payroll.
  • Assign tasks and follow up on them.
  • Maintain a database of all your customers, suppliers, and contacts.
  • Prepare quotations.
  • Track your budgets and spending.
  • Determine effective selling price based on the actual raw material, machinery and effort cost.
  • Get reminders on maintenance schedules.
  • Publish your website.
  • And a ton more.

ARC is a comprehensive ERP solution that can transform how businesses manage and grow their operations. By leveraging its diverse modules, companies can streamline daily tasks, enhance customer relationships, and make better decisions based on real-time data. For businesses looking to scale efficiently, ARC provides the tools and insights necessary to thrive in today’s competitive market.