Services - Other Services

Other services can include companies that are involved in media and entertainment. Technology plays a key role in influencing these service industries, by redefining their products, cost structure and distribution. These companies have a common intent of working towards becoming a leading player in their respective verticals.

Business Challenges

• Lack of a system that can manage day-to-day operations
• Difficulty in tracking costs and revenues
• Lack of a system that can catalyze growth, along with diversification
• Lack of a solution that would prepare and analyze profitability, understand the ageing of payables and receivables, and generate MIS reports for every operating unit

RODE Benefits

• Multiple Locations: Configured in the same database with multiple finance books, expenses and income can now be tracked, and separate financial, MIS, and other reports can be maintained.
• Cost-centre-wise profit analysis: Departments can be defined as cost centers; income and expenditure are booked accordingly. Reports can now be generated for profitability analysis.
• TDS mapping and auto deductions: All services-related suppliers have been mapped according to the TDS rules and deductions, before payment is made.
• Statutory Reports: Printing of all statutory reports is provided by the system.
• Cheque Printing: Cheque printing facility for sundry payment, supplier payment, and TDS Payment are now facilitated.
• Automate TDS Certification: Capturing and printing of TDS Certificates is facilitated.
• Analysis and reporting: Reports on sales analysis, collection analysis, sales trends, cash flow and other MIS reports can be generated.

RODE Features

• Comprehensive and integrated online solution covering all business domains
• A solution which can support management of multiple projects
• Quick Go Live-implementation time of 8  weeks, which is far less compared to an On-Premise model
• No IT infrastructure expenditure
• Easy scalability-flexibility to add new users in a day’s time, as an when the business grows
• Better disaster recovery and maintenance, which comes as part of Ramco OnDemand ERP
• Anytime, anywhere access-the senior management can review business parameters, 24 X 7