NEWSLETTER DATE

JUNE 2020

Why ERP Is Important ? Enterprise resource planning (ERP) systems are used by organisations looking to manage their business functions within a centralised and integrated system. ERP is commonly used by com-panies working within the supply chain to help keep track of all the moving parts of manufactur-ing and distribution. YGL ERP4.0 can be utilised by a number of different industries including those in healthcare, non-profit groups, construction and hospitality. Organisation needing to manage their staff, customers and inventory can all rely on ERP benefits. ERP stores all entered data into a single database, allowing all departments to work with the same information. Additionally, all this data can be organised, analysed and made into reports. ERP brings together customer management, human resources, business intelligence, financial management, inventory and supply chain capabilities into one system. Enterprise resource planning software is used to manage a number of business functions. Even though ERP may have similar goals to other solutions, its YGL ERP4.0 unique features make it a distinctive competitor in the software market. The reasons why the importance of enterprise resource planning (ERP) systems should be considered by any organisation: Want to know how to benefit from finance consolidation and ERP technology integration? You need an independent, experienced and skilled YGL on your team—right from the start!

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How ERP can lead to sustainable manufacturing? There are three key ways an ERP system can help make your manufactur-ing more sustainable.

Improved visibility

Because ERP systems deliver a single, overarching view of company operations, it can reveal the opportunities for change that will have the strongest impact. For example, it is critical to be able to identify the plant and equipment in place, its maintenance and use schedules, and what happens if a piece of equipment fails. Without this knowledge it becomes impossible for manufacturing organisations to make the kind of changes that deliver both environmental and operational bene-fits. By scheduling equipment and plant maintenance at optimum times, manufacturers can ensure their equipment is running as effi-ciently as possible. This can save on electricity use and emissions, and it also reduces downtime associated with unplanned repairs.

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JANUARY 2019

Better decision-making

An ERP system delivers visibility into internal processes as well as the results of decisions. Consequently, managers can make smarter deci-sions based on these insights. They can then see where simple changes can make manufacturing processes cheaper, faster, and more environ-mentally sound.

Streamlined logistics and transportation

An ERP system helps manufacturers understand the environmental im-pact of logistics and transportation, and make changes accordingly. This can save money and time as well as greenhouse gas emissions. For ex-ample, a company could change its delivery routes and times, choose suppliers that are located closer to the factory, or distribute loads accord-ing to what is most efficient, such as using fewer, larger trucks.

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YGL Corporate TAX solution simplifies the ability to tailor business pro-cesses and data, enabling business-driven point and-click customiza-tions as well as point-and-click development of sophisticated applica-tions beyond typical Tax application. These features are delivered on a platform that fully supports global business and scales with a low total cost of ownership.

Our Corporate Tax solution delivers a wealth of new features and capa-bilities that can benefit your entire organisation. With this new release, end users will able to do the following:

· Enhance productivity: Wider access to data and functionality and streamline user experience help your people get started right away and work more productively.

· Streamline business processes: New and enhanced design tools give end users the ability to create workflows to help ensure consistent and streamlined processes across the business.

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· Deliver on availability, performance, and scalability requirements: The software provides availability, performance, and scalability to meet the requirements of any organization.