The Global Automatic Number Plate Recognition Technology Market


With increased automation and artificially intelligent systems being developed and deployed throughout the world, one of the key areas for its deployment is for vehicular tracking. While not all vehicles can be equipped with GPS-enabled tracking systems, all vehicles have a unique number plate which is used to identify it. Automated number plate recognition technology automatically reads the number plate of a vehicle and provides its details in real time. The system uses a concept called Optical Character Recognition, which recognizes textual information from an image and store the text in a database.

One example is an Iris Recognition System. For a start, ATT Systems Iris Recognition System provides one of the most comprehensive security options which you can count upon. Check out their Iris Recognition System Singapore today.

Market Size – The automated number plate recognition or ANPR market is one of the most widely used automation systems across the world. Some of the largest law enforcement agencies, toll collection agencies and traffic management agencies worldwide are using these systems for effective management of vehicles.

The most important markets for the technology is traffic management and toll booth management organizations. Various research organizations have pegged the compounded annual growth rate at 13.46% between the time period between 2015 and 2020. Out of this, the largest market is the toll collection system is that of with a compounded annual growth rate of 17.46% for the time period of 2015 to 2020.

Market Drivers – According to analysts, the market driver for automated number plate recognition is primarily for the purposes of security, enabled by real-time identification and tracking of vehicular resources. With a greater number of vehicular theft and criminal activities recorded in recent years, more and more organizations are keen on investing in this technology to prevent unauthorized use of fleet vehicles, prevent theft, and reduce criminal activities related to vehicles.

Market Demographics – One of the key regions for the growth of ANPR market is the Asia Pacific region, primarily the countries of China and Japan. China has one of fastest growing vehicle markets in the world, and Japan is one of the most densely populated vehicular markets in the world. These two countries have the highest number of automated number plate recognition applications, with focus on toll management, parking space management and law enforcement systems. The market is estimated to grow at the fastest pace, clocking at nearly 18.06% for the time period between 2015 and 2020.

Key Vendors – The ANPR technology is being constantly developed by some of the largest organizations across the world. The key vendors who provide the technology to various organizations are 3M from the United States, Genetec Inc. in Canada and ATT Systems in Singapore.

With the rapid growth of automated systems, the ANPR market is also slated to grow in a number of developed countries alongiside the iris recognition system for security usage for commercial purposes, in particular the Scandinavian countries in Europe and the United States.

Productivity and Intelligent Security Systems

No organization can hope to succeed without the presence of its employees. Yet efficient employee management is often a problem many companies face. There is a need to scrutinise work presence and provide incentives for better performance. At the end of the day, not everyone will be passionate about their jobs. But that in no way implies that they should not give their best to the job they chose to do. Intelligent Security Systems through its constant digital surveillance can open doors to increased work productivity. The more efficiently an employee chooses to use their work hours, the more efficient the progress of the company will be. There are various features that go into forming the network of embedded technology that form the Intelligent Security Systems network. Not every organization needs to accept all of these and it is entirely acceptable to mould an Intelligent Security System into a set of technology that is relevant to one organization. Smartly what is relevant to one organization may not be relevant to the next. For example, a company that does not rely on file get print sensors would have no need to get such a security system installed.

But there are certain features that tend to both excite employees to work and protect the corporation at the same time. The first of these is the CCTV or video surveillance part of the whole system. Add to this the added feeling if security that a good Intelligent Security System brings with it and you have the recipe for a workplace that is itching to thrive.

Down to Business: Intelligent Security Systems and Increased Productivity

Both work productivity and energy consumption can be controlled through the implementation of Intelligent Security Systems. Technological developments are fast changing how we look at our work environments. The integration of relevant devices takes into consideration the needs of the organisation before selecting which protective measures to select. A company with only the need for Video surveillance need not invest in fingerprint technology for doors unless there is need to invest that amount. Yet productivity seems to improve thanks to Intelligent Security Systems working in collaboration with Management.

Video Surveillance: The presence of CCTV cameras provides added incentives to work better. Under the potential scrutiny of higher authorities, employees are more likely to become compliant and focused on improving the quality of their work. Especially in scenarios where the CCTV cameras are hidden, the employees do not even get the chance to pretend to work in front of the cameras and not otherwise.

Automatic Entry: Companies that require their employees to clock in and click out can depend on technology that will allow for that instead. The technology can proper punch in both the time when the employee comes in to work and leaves.

Customer Service: The presence or absence of a receptionist does very little to impact customer services if an Intelligent Security System is installed. The system can make for an integrated database that, as soon as the customer inputs the relevant information on their details, will immediately inform the relevant department that someone is there to see them as well as provide details on the reason behind that visit. The response is instantaneous and Intelligent Security Systems ensure customer satisfaction takes priority.

Energy Consumption: it is possible to reduce the amount spent on energy costs by attached Hong a remote sensor that activates only when it senses certain features, such as body heat or touch sensitivity. The rooms will go back to being without energy when no one is using it, thus opening doors to less energy consumptions by large corporations.

Ways in which you can improve queue management in a bank

Long queues in banks

What is a bank? We all know what a bank is. It is a financial institution that accepts monetary deposits from the public and also creates credits. To sum it up in simple words, we can deposit our money safely in banks, withdraw money from banks when we need it and also get loans from banks. Wherever money is involved, there will have to be large traffic.

Businessmen to housewives, students to professionals, rich to poor every type, everyone goes to the bank once in a while. Notably, it is usually businessmen who mostly frequent banks as they need liquid cash to run their business every day. Hence during peak hours, banks get very crowded and the place becomes quite chaotic. In such a situation it can be quite noisy and messy, and can even lead to unpleasant situations.

One company that is at the forefront of this technology is ATT Systems, and they are renowned in the industry for their bank queue management system used in waiting rooms of many institutions. Their software is also compatible with third party software, and this flexibility allows for a wide range of integration.

How are queues maintained in banks?

One of the most common ways to prevent long queues at banks has been to limit customer entry. However, this comes with its own set of problems.

If there is already a long queue, many customers are unable to enter the bank and even if they do enter the bank, they often find themselves eternally waiting till the bank hours are over, with their work not getting accomplished. This reflects very poorly on the customer service of the bank. Hence, better queue management would contribute to better customer service experience with the bank.

In the banking sector, queueing remains to be a pressing problem and a major source of disgust for customers. queue management in the building’s efficiency, reduce queue lengths and also increase the productivity of the staff. In the recent years, banks have paid more heed towards effective queue management to improve their customer experience.

Banks often adopt virtual queue management system that makes sure the right bank representative cater to a particular customer. This improves operational efficiency and thereby increases the productivity of the bank. The moment the customer enters the banks, he or she collects a ticket from the self-service kiosk. Once the ticket number reaches the bank representative, the customer is duly intimated and can then go avail the service, without having to stand in a queue for a long time. Often using digital platforms bank representatives can communicate to the customers while they are seated in the waiting area. Some services like depositing a check can be facilitated through the self-service kiosk without any involvement of the bank representative.

Using modern technologies

Instead of relying on manpower allocation and simple solutions,  banks can turn to modern technology to upgrade their queue management abilities. Here, we will introduce the queue management software.

What is a queue management software?

A queue management software helps streamline queueing procedures by using an electronic tracker on a mobile app. With this mobile app, one just simply registers and can attend to other matters while the queue system runs down the queue for those ahead of him. And when it is about time for his turn, a reminder can be set to notify the user.

This will help to reduce impatient waiting and exasperated customers.

Such as system is good for bank managers too. According to Wikipedia,

“Managers have access to a tracking screen with warnings (visual, sound, text messages or e-mails) which enable overall monitoring and control of the reception system. The system positions backups automatically, to ensure that the target waiting levels per service are respected, as a function of the allocation of salespersons/staff to the services and the forecasts and actual arrivals of customers/visitors.

In the centralized deployment of enterprise-grade queue management solution, the management console allows configuring all the parameter to run the token dispenser, a keypad for service desk, displays, announcement and the user management.” Read more here.

Once a system has been adopted, there will be extra manpower needs to pick up and learn how to operate the new system. Customers will also need to be familiar with how to use it. Online announcements can be done to educate customers, and manpower can be temporarily deployed to guide customers to use the new system.

Next, there has also been research done to investigate the best queueing processes, using mathematical models and equations. This has been applied to a recent case in the USA, where intelligent design, with modern software was used to reduce waiting times at the emergency room at a hospital.

Kira Schlechter writes:

“The Penn State Hershey Emergency Department sees over 50,000 visits each year in a 24,000-square-foot area designed for less than 30,000 visits. To expand the ER by 20,000 square feet would have cost about $20 million.”

But by making the delivery of care more efficient, they only had to expand the facility by 7,000 square feet at a cost of less than $5 million. The process started three years ago and the money was allocated back then.” Read more here.


In conclusion, banks and other institutions with time-critical processes need to consider better queueing processes, for instance adopting modern technologies to improve their customers’ experience at their premises. If that can be achieved, it will translate to not just retaining more customers, but also time and money savings for their own institutions.

Manual crowd control should be a practice of the past, and institutions need to use reliable technology to make their operations more efficient. A queue management software would be a good place to start.

Queue management – a quintessential admin task in a company


In the world of business, just like any other tangible asset like chair, tales, computers even time is an asset. Many businesses falter because they fail to realize the importance of time factor. Effective time management is quintessential for a company’s growth and increasing productivity as well as profitability. Every few minutes can mean more more sales conversions and putting the company ahead of its competitors by gaining more market share. Likewise, every few minutes wasted is a cost to the company or a wasted opportunity that may be tantamount to even higher losses in the long term especially in a competitive industry. When queue management is not done properly, various stakeholders in the company may be affected, though some companies op to outsource this to commercial queue management solutions companies, such an intricate process and tedious process is best done internally and overseen by a internal head.

There are several reasons why time management is important in a corporate structure:

Planning ahead: there can be training programs conducted for time management that can train an employee to manage his or her time properly and set goals that are time bound. This way the employees can be kept driven and motivated.

Long and short term planning: setting goals is important. Another important task is dividing the goals into long and short term goals so that time can be managed even better. This will help to remain focused on the organizational goals.

Planning and controlling: planning and maintaining time-bound goals can make sure that you have full control over your career and the work you are doing. This ensures that employees can also cater to organizational needs.

Meeting deadlines: every business is deadline driven. Every project big or small comes with a deadline. One has to produce quality work within that deadline. Hence productivity and time management are intrinsically connected. Hence effective time management is needed for better productivity.

Work-life balance: in a corporate structure, we always tend to work for longer hours than what we had signed for. Hence hitting a work-life balance becomes a difficult task. However, having a proper balance between work and life is very important. Without this balance, gradually an employees productivity will get hampered.

These are some of the reasons why time management is important in a corporate structure.

Queue management and time management

The corporate spaces that are on a rise consist of large acres of land with tall buildings sprawling over a few hundred acres. These buildings are mostly multistoried high rises. Often one finds corporate hubs with several such buildings functioning in one corporate hub. In these high rises a proper system of lifts is an absolute necessity. Lifts are important because it is impossible to climb up stairs to such high floors.There are thousands of employees, everyday working in these buildings. Each building has offices of many companies. Many companies have dedicated staff who take care of queue management to ensure that their employees waste minimal time standing in queues. Queues in these office building are structured queues. In a structured queue people form queues in a structured and predictable position. Hence the admin team of any company can form strategies to ensure better queue management. Companies spend time and money on queue management as it ensures better profits in the long run as employees spend less time standing in lines outside lifts that can lead to better productivity. For management of these long queues outside lifts an effective needs to be in place.

The thing is when a company has poor queue management, employees are not the only stakeholders that are affected. Often, a more important stakeholder like customers are affected and the damage is done not just to profits but also to reputation.

As quoted in an article on queue managment systems by  SILICONES 

” Bored and frustrated customers can frequently leave a Service center with a negative opinion of the company. Not only will this reduce the chance that they will return themselves, but they might also tell friends and family of their negative experience, reducing the chance they will visit the same service center also.” 

More on this article can be read here

There are people hired in each company has to make sure a queue management system is in place in order to take care of the various important stakeholders and to minimize losses. These people have to devise ways to manage queues in offices. One of them is dividing the queue into twoone for each side of the lifts, so that the crowd can move simultaneously and there is lesser loss time. Secondly queues are divided as per lifts as some lifts only stop on some floors. This is a very effective queue management process as this way the lifts too can be utilized completely. This method is particularly handy during evenings when everybody is trying to avail the lift. To conclude, queue management to a company extremely important and should be managed and optimized since it can affect a company’s well being in terms of profitability and reputation.

Tech trends that everyone’s talking about

Future generations will describe our current world as the Golden Age of Technology’ and rightly so! Ours is an age of technology wherein new and improved gadgets and software hit the markets at an astounding pace, paving the way for newer enhancements and innovations.

The dynamics of technology are simply incredible. For example, the first mobile phone was invented in 1973, around 40 years ago and already the mobiles of our time can function like mini-computers with advance applications like navigation, computing, banking, recording, etc. And apparently, our cell phone manufacturing giants are not quite finished yet! Each month (if not each day) witnesses the development of novel software and hardware, further propelling the amount of functions that one single gadget can achieve much further than previously thought possible.

Information Technology (IT) has carved out a niche for itself in the private and public sectors, making it indispensable. With a field so widespread, countless possibilities for science fiction-type technologies coming into existence is extremely exciting, especially if you are a fan of the Back to the Future movies series and always wanted a hoover-board’. Listed below are a few thrilling tech trends that have got everyone talking about them.

1.Internet of Things (IoT)

IoT is one of the most talked about tech trends that has almost everyone shaking with anticipation. Creating smart cities and smart homes through the use of cloud services, which analyse and interpret the data collected by sensors and instruct machines on the optimum level of functioning, is finally just within reach.

Earlier the problem was lack of collaboration and increasing competition with negligible solutions to creating a single user experience for almost everything thanks to the improvement in it infrastructure services . However, the trend has changed with tech gurus working together to make IoT a reality.


The field of automation is taking huge strides forward with a multitude of automated services, noteworthy of which is the Autonomous car’ or the Driverless car’. The technology was developed back in the 1980s and has now come a long way, with its current application being cars which don’t require human involvement. Most recently, Uber has unveiled its self-driving car which is still in the testing phase. By 2030, predictions of a cleaner, safer and highly efficient road environment are likely to come true.

3.Augmented reality (AR) and Virtual reality (VR)

AR and VR have gained popularity and soon will begin to find applications in businesses, interactions, social events, etc. With exceedingly well received AR games like Pokmon Go, it’s only a matter of time till the really good stuff hits the markets. Developers have envisioned that AR and VR will revolutionize the manner in which businesses, production, training programmes, etc. are conducted.

To know more, you can check out this article at Linkedin.

SAP Solutions and business development

Technology is advancing at a rapid pace. Customer expectations are on a rise with people expecting a better experience with real-time responsiveness of the current mobile, analytics and cloud applications. The business to business customers are especially expecting high end products and services. They expect better technological interactions that are data rich and can be carried out through any channel. It is been proven through surveys that 74% of B2B buyers carry out a thorough research before they invest in any product or service, especially when they are buying online. It has also been proven that 34% of the B2B buyers shop online for their products.

The corporate setup with the influx of disruptive technological trends like cloud computing, machine learning, artificial intelligence, internet of things, data analytics is in a state of constant flux. No matter which technology company you see, all of them are into some kind of innovation.

Advantages of using SAP solution:

In the business set up accounting and finance has always been one of the crucial sectors to take care of. With technology advancing there are many accounting software in the horizon. For a very long time, SAP has been one of the trusted accounting software. All industries, irrespective of their target consumers opts for SAP accounting software as they make the huge task of accounting and bookkeeping easy.

These software has ensured that accounting solutions are easily available for financial reporting. These software go beyond the barriers of language and industry and cater to all customers across the globe and across industry. Data is gathered from different applications on a real time basis and stored in a single platform. This ensures that these are integrated into a single piece.

The advantages of using accounting software would be:

There will be one integrated platform for general ledger and sub-ledger information. These information would be merged together and made available for audit trail.

The task of reporting is made much easy. From a very detailed report with granular data one can pull a financial report on a real time basis.

There is an increase in efficiency as books can be closed easily and in less time, with less cost being spent.

It is much easier to maintain audits and thereby control transactions. This will make the calculations at the year-end much easy and less time consuming thanks to the improvement in the company’s it infrastructure services.

To know more about SAP solutions, visit OR RSVP now.

Emerging technologies

Technology is advancing at a rapid pace. Customer expectations are on a rise with people expecting a better experience with real-time responsiveness of the current mobile, analytics and cloud applications. The business to business customers are especially expecting high end products and services. They expect better technological interactions that are data rich and can be carried out through any channel. It is been proven through surveys that 74% of B2B buyers carry out a thorough research before they invest in any product or service, especially when they are buying online. It has also been proven that 34% of the B2B buyers shop online for their products.

ICT is the abbreviation for Information and Communications Technology – the information technology that stresses on combination of communication software with middleware and enterprise software that enable users to store data and also access and transmit it as ease and thus innovating the it infrastructure services offered . The ICT sector has seen relentless change ever since its inceptions. Companies who deal in ICT are constantly facing the challenge to innovative to not only understand the change but also to give shape to evolving technologies. Many tech companies come up with a disruptive intervention in the technological sphere setting a whole new trend in the market.

Emerging trends:

Some of the emerging trends that have been shaping the technological world are:

Internet of Things (IoT): IoT is surely creating better customer experience. By making use of sensors, actuators, network-captured data by using advanced analytics, IoT is making it easier to analyse customer behaviour and gauge customer demands.

Artificial Intelligence and CRM: artificial intelligence (AI) will bring about a revolution in the CRM sector. Customer facing software will see a major turn around with machine learning and data analytics.

Augmented reality: this is another technology trend that is shaping the market now. 3D visualization and augmented reality is giving a better shape to the finished product.

Cloud application: using smart technology like robots and autonomous machines is one the evolving foundations of the Networked Society that is all about spreading intelligence through cloud. Artificial intelligence, especially big data analytics, knowledge management and machine learning is helping a lot of progress in smart machines. Storing, computing and connecting systems are being shifted to a cloud platform that further enhances collaborations through robots and sensors.

These are some of the emerging trends in technology that will have an effect on all other sectors.

To know more, visit OR Apply now.

How does ANPR works?

Automatic Number Plate Recognition (ANPR) is innovative technology that enables enforcement authorities to detect the licence plate of a vehicle. This interesting camera helps the police monitor, control and fight crime in their respective cities. Let’s run through how this system works in detail.

Monitoring vehicles

The most important function of the ANPR camera with a access control system is that it enables the police to monitor and patrol the traffic smoothly during peak hours or rush hours. In this way, the vehicles run smoothly without any interruptions or jams. For example, if there is an ambulance coming from a distance, the ANPR camera takes the screenshot and sends it to the control room. Subsequently, the police are alerted and vehicles are also stopped to let the ambulance rush to the hospital.

Identifying the vehicle

However, if a driver crosses the speed limit or jumps a signal, then the ANPR is the first to spot this violation. The camera takes a snapshot of the vehicle and optically recognises the numbers on the licence plate. The number plate is matched with the database and the identification process about the owner of the vehicle is established.

Interestingly, the ANPR cameras are equipped with night vision, thereby eliminating any loopholes in the ANPR’s technological system. In addition, it can also recognise the number plate as per its colour – heavyweight car, transport vehicle, tourist vehicle or Government car.

Coordinating with external system

Once the ANPR captures the image of the suspecting vehicle, and enables identification, the police will get to work immediately. If there are sensors installed in the camera, then the control room will be able to effectively shut down the road based on the respective route taken by the offender. Alternatively, if the offender is speeding or stealing a car, then the system will give the patrolling crew a heads-up about the route of the offender. As a result, with the help of the ANPR interface, an offender will end up behind bars rather than spending more time on the road, scaring the other motorists.

Data collection

Another huge advantage of installing ANPR cameras at important locations is that it keeps recording images of vehicles. As a result, once it’s alerted of a violation, the ANPR interface will draw up all the details of the vehicle owner including the crime sheet, earlier violations, and number of speeding tickets. In effect, with just the first step of a licence plate alert by the ANPR, the police can control the crime on roads.

To know more about how ANPR works visit OR RSVP now.

How Can A Self- Service Ticketing Kiosk Be Helpful In A Hospital?

There are an increasing number of patients who are realizing the benefits of a self-service ticketing kiosk. It does not signify that the hospital management and operation are being managed by these patients. It only indicates that they prefer to check into a hospital without any or little assistance from the medical administrators. Just like the portal technology, a ticketing kiosk can assist in streamline a hospital’s administrative tasks including hospital payment and registration. So, what is your take on the viability of installing a ticketing kiosk at the hospitals?

Below is a list of some of the major advantages of installing a kiosk at a hospital.

1. Reduced waiting time for patients

Ideally, the administrative staffs of any hospital have to record the information of the patients manually to know the right medical department, which can take care of the requirements of any patient. Such a process can be easily done with the installation of a self-servicing kiosk, it can make the check-in process simpler and faster. Verification of patient data can be easily done by swiping of an identification card.

An automated collection system helps reduce waiting time as well by collecting real time data for analysis.

2. Payment method becomes much easier

Medical expenses can be easily paid by the patients by keying in the relevant credit card data after swiping in at the kiosk. Such an electronic payment system can also check if a patient has any due medical balance and print out medical certificates and payments.

3. Reduced mistakes

Mistakes cannot be completely avoided in a manual system. When a hospital uses an electronic kiosk, it can help in reducing errors related to data entry that can be committed by some administrative staffs, use of a kiosk can also ensure that errors like duplicate medical data and consent forms can be avoided since this system can just send an alert to the staffs of the hospital that such a record us already existing in their electronic health record or EHR.

4. Costs get reduced

When hospitals install electronic kiosks, the expenses can come down at their facilities. When patients do self-check-ins at these ticketing kiosks, hospitals can save costs related to filling the forms, papers etc. and can also find out the information of a patient faster without going through cabinets and piles of bulky paperwork. Moreover, when self-servicing ticketing kiosks are installed in a healthcare facility, nurses spend less time on administrative tasks in their hospitals and can instead dedicate more time to look after their patients.

Thus, it is a cost-effective solution to implement an electronic ticketing kiosk at the hospital since the patients’ waiting time can come down drastically and staff has more time to take care of the patients.

Cambridge to Use Cutting Edge ANPR Camera to Conduct Biggest Traffic Survey

The biggest traffic survey by Cambridge promises to improve the air quality and reduce congestion. The Greater Cambridge City Deal is supposed to commission this comprehensive survey in June this year to find out the latest trend of traffic. An independent team has been commissioned by the partnership to conduct this traffic survey for a period of seven days continuously in June during the university and school term time.

Aim of survey

This survey is dilated to assist the planners to understand ways of developing the transport network of Cambridge. The city is known to have more than twenty thousand vehicles moving in and out of it daily. So, the survey intends to offer information on the most recent trends related to the city’s flow of traffic.

The interim transport director of City Deal, Chris Turnstall shared the requirement of the survey and to bust proof with respect to their transport proposals. He mentioned that the said traffic survey results will be used for supplementing existing data. He felt that the data will definitely help them while assessing the future transport needs of Cambridge.

The traffic survey results will be also used to understand the origin of vehicle emission, vehicle emission, journey times and destination movements. Eventually, the survey data will be used for the purpose of travel planning as well as for identifying options for improving the quality of air.

Survey to use ANPR technology

This tragic survey is significant for another important reason. It will be using the sophisticated Automatic Number Plate Recognition or ANPR technology. The ANPR cameras will be collecting certain information, which will then be sanitized to remove any personal data. Thus, the outcome is expected to be completely anonymous so that specific vehicles or individuals will not be identified.

This data is also expected to be used for revising the traffic modelling system and access control system of the country that considers the seasonal trends. It is also expected that the survey results could be used along with certain other sources and also include the most recent traffic count.

The lead officer at Greater Cambridge City Deal for city access Hilary Holden mentioned that this survey is the biggest of its kind in the city of Cambridge and would come up with latest data on trends of traffic, the statistics along with certain other data will help the transport experts in planning a better transport network.

Residents of Cambridge can detect these ANPR cameras attached to the various dig post and lamps and also fixed to other city infrastructure like the bridges. Once the survey is over, these cameras are to be taken away.

For more information on ANPR, visit OR Apply now.

Facts about Video Analytics Software

Video clips can be automatically analyzed by Video Analytics software to count people, identify license plate numbers, count people and many more things, in its most basic form; the technology is used for detecting motion.

How does Video Analytics software work?

Several surveillance cameras feature the functionality of a motion detection to conserve power. There are certainly more sophisticated Video Analytics systems that can even go a step ahead and are able to monitor traffic flow, loitering and monitoring abandoned objects. The reliability of this technology is much higher as compared to manually monitoring employees’ footage.

Why is Video Analytics software so useful?

The software has an ability to monitor live footage round the clock is that users can be alerted of loitering or abandoned items. Footage that has been pre-recorded can be searched quite fast for a particular license plate, face or event. The software can thus reduce the investigation time of the cops to a large extent. Surveillance footage may take several hours or days to get retrieved through traditional methods unlike the Video Analytics application, which can do the same job in only minutes. When the investigation time gets reduced, the probability of catching criminals increases.

Examples of other applications where it can be used

Video Analytics can be used by retail stores as a technique for creating an effective and to bust business process. For instance, as mentioned before the software can be used to count visitors in a shop and then a heat map can be created indicating where the foot traffic us most in a store as compared to the other parts as well as the sections that are getting less crowd.

Thus, a superior store layout can be created and also ascertain the times during a day that are the most visited to schedule. Additionally, Video Analytics software can also remove security guards against blocking the traffic or engaged in in-line tussles. It becomes easier for the security to tackle such incidents before they can pose bigger problems.

Since the software can detect crowds, loiterers, and abandoned items, the guards can be warned against possible problems and enable them to investigate further.

The iris recognition system compliments the video analytics software for use by security guards and personnel with regards to security investigation.

Video Analytics software can deliver the best performances if there is a high-resolution footage and thus the surveillance cameras should have a high definition with a very high resolution. Moreover, it is a costly affair to recruit workers just for the same of monitoring surveillance footage 24/7.

Benefits of Having an Appointment Booking System

There are various general benefits that are associated with the use of appointment booking systems.

1.It is always available online and thus the customers can make their appointments 24/7 according to their convenience.

2.As these systems are more self-service it reduces the amount of time that the customer and employees spend on the phone.

3.Web-based applications don’t require any software to be installed, no servers or backups that can cause any worry.

4.Since it is a third party licensed service there is no need for you to have and maintain your own website and can just use the third party’s website.

5.It is great value for money.

Another major benefit of choosing to use an appointment booking system is that is can be customized according to your requirements and is a very flexible software. It can be used as a complete appointment booking system or it can be used as a simple online calendar. This option of customization of the system allows you to:

Make the application work in the same way your company does. Which helps to ensure that the appointments that are booked will always fall in the working hours of your company. You will also have complete detailed control over the information that is entered in the appointments and it also allows you to choose the individuals who get notifications when changes are made in these entries.

You can also choose who has access to the schedule and who is allowed to make changes to the schedule. You can also specify the timeframe within which the appointment can be cancelled.

You have access to the layout of the display of the appointment generation system, for example, you will be able to change the logo or the color to the logo and the color theme of your company and the display can be matched to the style of your company’s website. You can also set customized messages for the different informational dialogs. Due to this, your customers will not be able to realize that the appointment booking system is not your own website.

Finally, this application has helped integrate businesses with the appointment booking system. The company can download the overviews of the appointments into other applications such as MS Excel or Outlook so that this downloaded information can be easily shared within the company by direct mail.

Guide in Upgrading Your Point of Sale System

The payment technology and point of sale systems are evolving at a rapid state. It is very crucial for the business to ensure that their current equipment is updated. Before, the average lifespan of a traditional type of POS is about 8-10 years; however, recent reports show that it is now dramatically reduced to 3-4 years. With the evolving landscape, business owners want to make sure that they will keep up with these changes.

When to Upgrade Your POS System

There will come a time when your reliable POS software is no longer functioning properly as it used to be. Perhaps it is the time for you to upgrade your system in case you encounter the following problems.

In case you notice that the routine and regular procedure that youve been doing with your POS Singapore is starting to become time-consuming.

Checkout is eating up most of your time.

Items and price scanned are no longer accurate.

Payments are being delayed or sometimes rejected.

Failing payment authorization

All of the factors above can significantly affect your customer satisfaction level. Customers tend to be unpredictable. The moment they realize that they are not getting the quality of service that they need, they will start to consider their other options. Luckily, these are just common issues and can be easily corrected by upgrading your Point of Sales System. Most of the time, the problem with scanning can be addressed by updating the software. There are also instances that the scanner needs to be replaced. In the event that the payment processing has become a major issue, you may want to reach out to the original vendor and ask them if your electronic card readers should be replaced.

Cloud-Based POS System

While you are looking at the available upgrade for your POS Software, you may have stumbled upon the Cloud-based option of POS. A lot of companies in the retail and hospitality industry have shifted on this option. This system is allowing you to conduct the similar payment and ordering process with a use of a mobile or tablet device.

This cloud-based alternative can be managed conveniently with the use of iPhone and iPad application with updated or standard feature. Some of the features include account integration, gift-card processing, stock management, e-commerce integration and real-time ordering. In terms of its speed, a cloud-based POS can complete the authorization in at least 5 seconds. Another great feature of the cloud-based system is its security. Business owners who are looking for this latest security features especially on the electronic-card reader should consider this alternative.

In case you are experiencing minor issues with your Points of Sales system, a simple update on the software can apply a quick remedy to your problem. Upgrading your hardware on the other hand such as the mobile registers and the touch-screen monitors can advance the process of your business.

Take Your Business into the Future with the New POS Software in Singapore

There is no doubt that everything moves in a fast pace all around us. New technologies, innovative marketing methods are just a few of the things a business owner should have in mind. The pressure of becoming popular and modernized is present at all times. In order to be able to provide your customers with high-quality services, you need to have an excellent POS system. Without it, you are doomed to lose over other competitors who have already taking the next step.

Singapore POS System

In this demanding time period, where the customers options are endless, you have to be innovative and well organized in order to beat the competition. Now, you have the opportunity to install this software and improve the customers experience at once. By having a complete knowledge of the products you have, in your store, in the shelves, and in the warehouse, you can offer your customers the specific products of their request. Install this and minimize the risk of having unsold products whose existence do not know. No matter how demanding or big your store is, it will need only one POS Software in Singapore in order to organize your work.

An emenu in this case would be very useful as it can contain a myriad of options for customers to choose from.

Restaurants and Other F&B Stores

All modern F&B facilities use a POS software in order to organize their work. Employees can now offer a great service experience to the consumers, without risking making mistakes during the order process. POS systems have now the option of ordering your food directly, and reducing the queues as well as the waiting time. This software is also available in your mobile phone, for your own convenience. Feel free and tuned with your current needs by having all of your businesss information on the go!

Low-Cost Investment

It may seem like one of the expensive POS systems at first. However, when you consider all of the benefits of an efficient POS system, you will find out that it is a lot more inexpensive than any other computing system. Reduce your need in manpower by keeping all of your data inside this software. Make your customers life easier by enabling them to order everything they want online. Upgrade your business and become the most favorite and popular restaurant in town. You dont have to spend a fortune in order to transform your businesss identity.

This POS Software proposes to you is the best solution, to all your professional issues. All you have to do is invest in your businesss prosperity and learn with ease this new POS system. There is absolutely no risk and no reason to continue with the old, insufficient methods. Become the most modern, high-tech business and watch as the customers spread the word about your restaurant or caf.

A POS system is the perfect way to welcome the next generation in terms of service and computing systems!

What Are The Advantages Of Using ERP Software

Enterprise Resource Planning or erp software singapore is utilized for business process management . It includes company asset management like human resource and company performance and governance. Business intelligence is also a part of this software as it caters to various key aspects related to sales and customer relationship management. Another important strategically used factor is e-commerce which deals with production, supplier relationship management, and procurement. Lastly, the other factors like accounting, supply chain management and logistics are also looked after by this software.

ERP solution Singapore provides these facilities and much more to ensure that every businessman has a smooth sailing business at hand. The advantages of using the ERP software are as follows:-

1) Global integration the tradesmen no longer have to wait for a change of currency to transfer the money from the seller to the buyer in the case of international business. Contracts and documents can easily be converted to the businessmans native language, so clarity in contract, order, and sales is possible. As culture is different, the way of trading is also different. A new business relationship can be made with confidence as the documents are crystal clear for both parties.

2) One time work documentation needs to be done just once and the files can be saved for different purposes. Rather than filling out many forms for sales, tax payable and bank statement; once the information is fed into the computer software for any one of the above documents, it can be easily copied to the others. This also reduces the chances of delay or mistakes as details of the order or billing can be done immediately after the task is completed. Invoices can be issued on the spot to provide the customer a document of purchase. Vendors and experts who have provided services in the past can be contacted easily. This helps build a rapport and good relationships with past suppliers and customers.

3) User-friendly as this software is user-friendly, employees find it easy to operate which in turn results in an efficient work environment. The possibilities of error are less when the employees know how to use the software and in the case of mistakes, they can easily rectify it. The customization of the user interface provides the users only information that needs to be entered. Nonessential information does not have to be fed into the software.

ERP solutions ensure that the software can provide all the functions and requirements needed by the company.

E-Commerce and ERP integration: How it can benefit you?

If you are the owner of an ecommerce business, then you will already have fair idea of what goes into the accounting and inventory processes. This involves a lot of information updates, entry and exit of inventory and handling of credits and payments. You most probably also have a team in place to handle the accounts and inventory of your business. This team is adept at taking care of the online catalog and updating inventory and managing finances. Given your excellent product offering, your business sees a sudden boom in demand. There are more customers flocking to your website. There is a sudden pressure that is created on your team who were used to handle a certain speed of workflow and a definite lead time. Because of increased sales, manual data-entry and handling payment and credit is becoming a complicated issue. How do you manage this boost which is good for your business, but is definitely hurting your back-end processes?

You can most definitely go for a team expansion. However, hiring new employees will also add new salaries to your payroll. So what can you do now?

ERP software comes to your help

Implementing ERP software into your business processes will help you manage the increased sales efficiently. The cost associated with it is a one-time affair. Even if you go for a subscription-based format, your expense per month will be lesser than what a new employee’s salary would cost you. ERP accounting software can help you automate the entire process of data flow, thus decreasing the pressure on manual entry.

When you receive new products at your warehouse, you will only need to add its information into the ERP software. This will automatically push the product information to your ecommerce website; thus, eliminating the need for double entry of information. Information includes all details including pricing, descriptions, and quantities among other variables. Once this happens, as and when an order gets placed, the ERP software automatically manages the inventory and updates which product orders need to be placed.

Your ERP accounting software can even check if your customer is within the credit limit before the warehouse picks up the order. You just need to set some criteria that will help them follow up and evaluate orders.

ERP and Ecommerce bring you better profits

When you are bringing your business online, it makes sense to automate your business process as well. After all, we set up ecommerce portals to increase our reach and record better sales. ERP software helps you do just that and helps you check the profits that you had aimed for when you started your ecommerce business.

How Integrated Point of Sale Solutions Can Help Optimize Your Retail Business

Ever wonder how to improve your business while managing every single aspect of your retail store or restaurant? Bring your retail outlet to the future with a single solution that will improve functions, save time, and help manage everything from inventory to employees.

Point of sale solutions are the future in retail store management. POS is established as one of the fastest growing modules chosen by businesses across the country. No matter if you run multiple businesses or a single pop up outlet, cloud based POS systems are designed to optimize and systemize your retail business.

Take a load off retail management

Handy features like a built-in inventory system management reduces hours of work spent manually counting and cataloguing stock. With an efficient system that both records and deducts sales made in real time, you can keep track of expenditures and profits earned on a daily basis.

Make achieving sales objectives that much easier with a system that does most of the heavy lifting for you. POS Singapore systems warn you whenever you’re running low on particular products, so you can avoid disappointing your customers with up-to-date stock, where every single item on the menu is always available.

Centralized and customized

Keep your data centralized, all available at a single touch of a button. Make things easier for both employees and customers, all while enhancing your customer service. With all your data on a single platform, you can keep a close eye on your customer information. Build your stock to cater to your customer’s likes and preferences.

Insight enables easier decisions

Integrated systems offer easy solutions and deliver concise and critical information of day to day functioning. Make difficult decisions easy while managing daily transactions with minimum effort. Be dynamic and create your own work environment. Get vital information that will help determine staff performance, highlight areas that require attention and improvement, in addition to allowing the ability to identify table turnover.

Leave an impressive impression

Let your customers sit back and get all the information they need from perfect wine and food pairings to possible allergens present in their meal. POS in Singapore takes the customer experience above and beyond regular restaurant dining. Imagine dining at a restaurant where your server helps you choose a dish by swiping through images of menu items on a portable device. Now that’s a place you’re sure to remember.

SAP accounting software and enterprise resource planning


You cannot run a business without money. A business lives and grows on money. The core dependency of the business is on the amount of profit it is making and the amount of loss it is running into. This decides the life and death of the business. Profit and loss calculation is all to do with accounts, reports and ledgers. A more comprehensive and all-inclusive term would be finance management. The finance of a company forms the base of a company. The team that looks after the finance is one of the most important teams in the company. The responsibility of the finance team includes looking into both the internal affairs like salary of employees as well as external affairs like revenue generated at the end of each fiscal year.

As finance is such an integral part of a business, there should be proper management of it. Competition is increasing at a rapid pace and each company thrives to increase its revenue. Hence the finance function has to be modeled in such a way that the company achieves a cutting edge over the other companies. The finance team should be skilled enough to handle and negotiate with stakeholders and ensure maximum profit for the business. However, with so many teams working in a company, it often becomes difficult to streamline all the process. This is where enterprise resource planning comes into the picture.

SAP ERP software:

One such software is the SAP accounting software that takes care of the finance is SAP ERP Financials suite. It takes care of functionalities like compliance, financial management risk analysis. The modules of this SAP accounting software take care of accounting and reporting, management of accounts payable and accounts receivable, and shared services. As there is one unified platform with all the information regarding the company’s accounts, it becomes easier for managers and business analysts to discuss the financial issues of the company. This software conforms to industry standards like IFRS and GAAP. Thus this software helps to create one version of financial statement for a company by integrating various financial processes and applications.

Thus it is a very useful software that comes in multiple languages and is easily available all over the world in various currencies and time zones. However, it is adaptable to the local issues and gives local solutions by translating the solution to a local language and making it accessible to the team members of the finance department.

Effective Strategy for Operations

Every company has a separate unit for operations. Operations is usually an internal unit that ensures the company meets its objectives. Anything that is infrastructure-related falls under operations. Allocation of resources supply chain, asset maintenance are all part of operations. Although operations is an internal unit in a company, it forms a very important part in running the company smoothly. Strategies are formulated to ensure effective running of the operational activities in a company. Companies formulate strategies for short-term and long-term goals. By utilizing these operational strategies, the companies ensure that they make maximum use of their resources and work force.

The strategies regarding the operational work cover many areas. On a broader perspective, corporate strategy involves making effective operational strategies as it links various departments in an organization. After making the organization work seamlessly, the next operational strategy would involve customer satisfaction. This involves keeping up with the changing times. The client can only be satisfied when the core competencies of the employees have been harnessed to the fullest. For this, operational strategies are also formulated. Without competition, there can be no growth and improvement. In order to instill the competitive spirit, the strategy to build the competitive priorities involves first developing the corporate strategy, formulating the core processes and doing market research. Finally the service is rendered to the client, which is done by developing operational strategies.

SAP and Operational Strategy:

SAP is a German company that makes the enterprise resource planning software. It has made a huge name for itself in the world. SAP has come up with a new product called SAP Business One that helps small and medium sized companies with their operational planning. It is one platform that stores data from finance, operations, and human resource and makes it available to the company in a comprehensive manner. The SAP Business One program is also very easy to deploy. It can be deployed in both on premise and cloud platform.

The operations unit itself has varied processes with lots of data. Thus, to make that data available in a comprehensive manner itself is a task that is achieved by SAP Business One software. Especially for small and medium sized companies where operations mostly consists of a makeshift team and is not well organized, finding the right data at the right time may be a huge task. To make this task easier, SAP Business One software is implemented.

How does ERP in F&B industry help ensure food safety

Food and beverage manufacturers have constantly been under pressure to ensure that the health standards are met and absolute compliance is achieved. Any deviations or non-compliance to these procedures not only incur fines and added cost to the companies but can also tarnish their reputation and the brand. It is therefore important that the F&B firms put in certain processes and procedures in place which can help ensure quality control and food safety. Acting proactively is better than acting reactively and Singapore POS will provide all these possible solutions.

A good ERP system is able to provide and centrally manage the following:

  • Record data at every point throughout the supply chain.
  • Ensure the availability of data for any audit trail.
  • Track production related ingredients, both downstream and upstream.

Traceability happens to be the most important function in the F&B industry as it not only ensures food safety but also protects customers and is helpful in maintaining the company’s reputation and reducing any liabilities.

Traceability can:

  • Helps in effective management of hazards which are likely to impact food safety and health of animals.
  • Product authenticity is guaranteed and absolute reliable information is passed on to the customers.
  • Product quality is enhanced

A good ERP system helps in effective traceability and helps companies maintain quality levels and food safety driven by compliance. Here is how all this is achieved:

  • Recall management – There are instances when the F&B manufacturers are required to quickly act and recall some batches if deemed unfit for consumption. Any delay in acting upon the same can have serious legal and economic repercussions. A good ERP system will enable the companies to plan the recall management effectively thus ensuring safety.
  • Quality management – ERP systems help keep a track of the material and the ingredients the moment they get docked. There are automated quality control tools available in the ERP system which helps the management to find and react to any incidents which may be threat to food safety.
  • Inventory Control – F&B firms need to ensure that they are able to track and maintain the expiry dates of the raw materials so that they are safe for consumption. All packaged products have a pre-determined life and the ERP system should be able to track and list the manufacturing and expiry dates of all products on shelves to ease picking and shipment of materials.

ERP and human resource planning

Human Resource Department

Various units come together to make an organization function successfully. Such units are called departments. Various departments are interlinked. Such as the manufacturing and packaging department are interlinked for a product after being manufactured needs to be packages in order to preserve it before delivery. Similarly the marketing and sales department are closely interlinked for without proper marketing, the sales of a product would dip and often the rate of sales determine the quality of the marketing that has gone behind a product.

There are departments that do client facing jobs and directly generate revenue. On the other hand there are departments that do back office works and ensures that the internal processes of the company are running smoothly. They are also equally important as if the company does not function at peace and if the employees are not satisfied the quality of the client deliverable will suffer. This will make the company lose its client and thereby adversely affect the growth of the company.

Human resource department is one of the fundamental departments in any organization. They are present in every company, irrespective of its size. The human resource department looks after the recruitment process, maintaining profiles of all the employees in an organization, internal finance like payroll and infrastructure costs, admin tasks, operation and many more. In short the human resource department deals with a lot of data of the company.


As the HR department has to store data from various units, it often takes the help of Enterprise Resource Planning Software. In this manner these data can be easily accessed and sorted in times of need. Thus human resource department and ERP software are closely interlinked.

Singapore has many companies functioning there. These companies have their human resource departments. Hence ERP software in Singapore is provided by many third party vendors. These ERP software in Singapore are of various kinds. They are a suite of applications that are running together or can be hosted on cloud where the internet is as a storage ground for all crucial information.

Any department that deals with data need an ERP system. As the human resource department collates and stores the data from these various departments, they need a unified platform where they can store these data and utilize them for making decisions at the right time. The ERP software helps with this function of the human resource department.

Healthcare: How ERP Can Help Save Billions of Dollars

Enterprise Resource Planning (ERP) software is an operations tool that is used by many companies in Singapore today. However, just because a software deals with business operations, it does not mean it is considered as a good ERP software. There are many legacy systems that would not qualify as ERP in today’s scenario.

if you are looking for an ERP vendor, you should check out Hitachi ICT Infor ERP. Hitachi ICT offers a wide range of systems and has the expertise to support your system when you require it. You should check them out at their website if you are looking for a software to automate your business processes efficiently and safely:

So what is preventing them from making the switch?

There are many healthcare organizations who are looking to switch to a better ERP, but find themselves unable to do so. Why? It is not a question of money. They have the resources at their disposal, but healthcare organizations have a lot of critical life-support systems hooked up to their ERP, and any downtime involved with the switch is a risk to the safety of their patients. There is also an ‘unofficial’ downtime involved with users becoming familiar with the new system. Annual healthcare expenses in the United States are $2 trillion, but it is estimated that $330 billion worth of medication is wasted on account of patients not adhering to their medication schedules.

Theoretically, could a better ERP help cut down on this? The answer is not only yes, but it could do so much more – a study involving physicians and features associated with a modern ERP system generated the following results:

  • Hospital costs declined by 13% per admission
  • 44% of physicians were able to do their clinical work faster
  • 52% of physicians felt their work was made easier


Additionally, it was found that an Enterprise Resource Planning system could reduce the length of stay for an inpatient by factoring in advances in medical technology such as robot-assisted surgery and minimally-invasive surgical procedures. An ERP system would also help the administration to streamline their claims process with insurers, significantly cutting down on paperwork. Insurance companies have adopted new ERP systems and according to them, several claims are denied because of outdated codes used by hospitals (these codes relate to diagnosis and treatment). When a claim is denied, a hospital or healthcare institution has two choices – it can either forget about it, or try again, this time doing it right. Not willing to forego valuable revenue, the latter is what hospitals choose to do. But this also involves a significant spending on human resources when a real person has to sift through the claim, figure out where they went wrong, fix it, and do a thorough check to ensure that everything is correct this time to avoid another denial. This manual effort, as you may have figured out already, takes time.

So is there a way out, or are hospitals doomed to be trapped in this vicious cycle? The solution to adopt a new ERP system, but not all at once – the less critical departments can be migrated first, staff can be trained on the features of the new system, and with a bit of careful planning, the new system can be rolled out in other departments as well. The staff would already have been trained by this time, and so near-100% efficiency can be achieved from the very first minute itself.

The savings from using a modern enterprise resource planning system can work out to millions of dollars per healthcare institution, and billions across the industry.

In conclusion, ERP software can help operations in the healthcare sector improve leaps and bounds if the relevant stakeholders are willing to adopt new software given some downtime and inconvenience. They need to see beyond the short-term inconvenience and manpower cost and identify the long-term savings and benefits that the organization can derive from using modern ERP.

What Every Business Owners Should Know About The ERP System Singapore Companies Provide

Enterprise resource planning is currently all the rage in the commercial arena. Company owners now that this is the fastest and surest way to streamline their operations and get their expenses under control. Following is everything you need to now about the SAP ERP implementation companies are currently offering.

This is unified platform of wholly customized software that is designed to meet the current and future needs of your operations. Thus, it serves as a scalable IT infrastructure that will invariably grow with your business. You will only need to train your team on how to use this solution just once and can then implement team updates as upgrades are changes are made. Due to this fact, it is a very cost-effective form of data management and company-wide analytics.

One of the major benefits of using platforms like these is the fact that it will provide a complete and clear view of all aspects of your operations. This allows company owners to make informed decisions without having to rely on supposition or guesswork. As a result, companies can set firm goals and make appropriate choices and actions for achieving them. Best of all, they can accurately forecast the outcomes of their activities.

Business owners can also use these tools to ensure full industry compliance. Whenever there are important industry regulations in place, making sure that all divisions of the organization are adhering to these can be difficult. This is all the more true when different responsibilities have been outsourced or when an organization has undergone a period of rapid and remarkable growth.

Tightening the supply chain is another accomplishment that you can make when using these tools. You can determine which processes, tools and services are producing the right results and which are inefficient and capable of creating waste. Through these efforts you can enjoy significantly increased productivity, greater levels of quality control and vastly improved customer satisfaction. By curbing your spending in this area, it will also be possible to increase your profit margin.

Companies can also improve their reputations through these efforts. When business owners are able to intuit problems, respond to client needs in a timely and appropriate fashion and implement CRM systems that really work, they will invariably generate increased word of mouth advertising and more goodwill. Because of this fact, opting to invest in a scalable technical solution that provides increased data and data access is one of the best things that you can do for your growing organization.

The Benefits Of Using IT Infrastructure Services

As a company owner, you are probably reliant upon many different forms of software for the maintenance of your normal business operations. You may be surprised to discover, however, that you can get infinitely more benefits from these technical tools by opting unify them on a single platform. This is something that you can accomplish by using IT infrastructure services.

A single computer program cannot give you a comprehensive view of your business. For instance, you might have a CRM plan that diligently tracks your customers and records details that are relevant to their purchase histories and future needs. If you could combine this with your customer service system, you could get a much clearer view of how these individuals are interacting with your organization. You can also learn whether or not these interactions are primarily positive

This same is true across all of your operations. With a unified system, you can determine whether or not you are wasting money throughout your supply chain or failing to make the best possible use of your resources. Companies that have solid technical infrastructures in place can learn whether or not they have redundancies across employee duties, equipment and outsourcing among other things. Addressing these redundancies is a very easy way to start saving money. The more that you can save by cutting your production costs and your overall overhead, the more profits you will invariably make.

Staying in compliance with the regulations that exist in your industry will also become a much easier and far less time-consuming endeavor. This is all the more true if you own an organization that is currently going through a massive amount of change or growth. Your comprehensive view of your business will allow you to ensure that all people and departments are functioning like they should.

The best infrastructures also give company owners the ability to anticipate potential problems. A deeper understanding of the risks that you’re facing will give you the chance to mitigate risks. This way, you can prevent issues from ever rearing their heads or can at least limit their impact.

Solutions like these are often centralized and operated from the web. Storing collected data in virtual space will give you higher levels of security and protection against unexpected events. It will also ensure that each one of your authorized team members is able to access and use the information that he or she needs irrespective of personal location at the time of use.

Components of ERP

The evaluation of the ERP system in an organization is an important process since ERP systems require timely updates as well as customization. It is important that the evaluation team understands and clarifies the different components. The ERP system Singapore is evaluated on such basis. The different pieces of the ERP are known as modules, each module performs an important function for the organization so its values vary. The fundamentals of the system should be clear to the evaluation team in order to tap into the full potential of the systems.

Financial Management

Finance is an important component or aspect of any business or organization. Hence it is not surprising to find financial management as a major component of an ERP system. It deals with legers, accounts of different kinds, capital and assets. In case the company decides to expand internationally and utilize ERP for better management, then it’s important that the system supports multiple languages and currencies too. It is important to focus on important areas that are instrumental for the expansion or upgrade.

Analytical intelligence

ERP systems have advanced analytical functions and skills. Since ERP allows for easy transfer and sharing of data, it helps in analyzing different aspects of the organization. It also allows users to share and transfer data making access to information very simple and easy. It can be notified in different forms according to the convenience of the users. This function of the system allows different levels of executive to make important decisions regarding the working of the organization. Such automatic reporting constantly feeds the system with important information making the real time analysis of the working of the organization very easy.


This is an important module of the system because of its undeniable importance to the effective working of a business or organization. It improves in the flow of products as well as the necessary material for the organization by carefully planning and scheduling different aspects of procurement and transfer; such as managing distribution, demand and production. It manages and plans out all the functions regarding logistics which allows it be efficient and fast in its working.

Human resource

Without human resource the existence of most organization is a doubtful one. Since it is such an important resource of the organization, its management is also equally important. A system’s module that deals with the work force is its human resource management module. It keeps track of the relevant data regarding the human resource of the organization; it deals with wage bills to benefits of the employees from start to retirement. Hence its evaluation is an important job for the team. The availability of attendance registering is also available in these ERP systems.