
Making judgments based on out-of-date information is like attempting to win a race with one shoe tied in today’s hectic corporate world. Businesses that wish to remain efficient, flexible, and competitive must use real-time analytics. However, what is real-time analytics and why is it necessary for your company? More significantly, how will ERPNext assist you in using its potential? Let’s get started.
What is Real-time Analytics?
Real-time analytics is the process of analyzing data as soon as it is generated and providing prompt insights into how your company is performing. Unlike traditional analytics, which is based on historical data, real-time analytics gives you an up-to-date snapshot of your company’s present situation. This makes it possible for you to respond to issues in a proactive manner, make choices faster, and seize opportunities as they arise.
The Pain Points of Not Having Real-Time Analytics
You are forced to rely on out-of-date reports that don’t accurately represent the health of your company in the absence of real-time analytics. Missed chances, bad choices, and even monetary losses may result from this delay. For instance, you risk disappointing clients by overselling a product if you are unaware of your inventory levels in real time.
It is possible to overlook inefficiencies if you do not have a real-time perspective of your processes. For example, it may take too long to discover a bottleneck in your production line, which results in delays and higher expenses. You can identify these problems early and take remedial action with the use of real-time analytics.
Today’s consumers need prompt, individualized service. Using outdated data might leave you without the knowledge you need to meet their expectations. If a customer calls to ask about the status of their order, for example, you don’t want to be scrambling through spreadsheets to find the solution.
It might be detrimental to be sluggish to adapt in a world where companies are always competing for customers’ attention. You will have to catch up to competitors that employ real-time analytics since they can react to market developments more quickly.
How ERPNext Solves These Problems
You can see your business in real time using ERPNext’s live dashboards. You can quickly view what’s going on in manufacturing, sales, and inventories. Instant, actionable insights—no more waiting for reports.
You may configure automatic notifications for important KPIs with ERPNext. For instance, you’ll be alerted right away if inventory levels fall below a predetermined level. This enables you to intervene before the issue arises.
ERPNext gives you a real-time, comprehensive picture of your company by combining all of your business processes into a single platform. Supply chain, HR, and finance are all interconnected, removing silos and fostering better teamwork.
ERPNext is aware that every business is unique. Customizable reports allow you to concentrate on the indicators that are most important to your company. You may customize the reports to meet your needs, whether they are related to customer happiness, manufacturing efficiency, or sales success.
Why Real-Time Analytics is Especially Important for Small Businesses
Real-time analytics has the potential to revolutionize small enterprises. By leveling the playing field, it enables you to make quicker, more intelligent decisions and compete with bigger businesses. Here’s how:
How e.Soft Technologies Can Help You Get Started
At e.Soft Technologies, specializes in helping businesses like yours harness the power of real-time analytics with ERPNext. Our team will work with you to:
To make sure your complete tech stack functions as a whole, we also provide supplementary services like software development and IT consulting.
Are you prepared to make better, quicker judgments and stop depending on out-of-date information? Get in touch with e.Soft Technologies right now to find out how ERPNext’s real-time analytics can revolutionize your company. Allow us to assist you in transforming data into your most valuable resource.
Warehouse Management Software
An eCommerce platform specializing in home improvement, home goods, and outdoor products, aims to serve as a comprehensive source for household essentials. Life and Home gained popularity, resulting in a substantial increase in orders from various platforms.
Life and Home partnered with e.Soft to develop warehouse management software. This innovative solution automated the entire workflow of their warehouse operations, particularly focusing on inventory management.
By streamlining processes and ensuring accurate inventory tracking, the software helped Life and Home fulfill orders promptly and minimize delays.
This collaboration underscored Life and Home’s commitment to leveraging technology to enhance operational efficiency and customer satisfaction in the competitive eCommerce landscape.
Software Development
Shia PG is one of the Premier institutions based in Lucknow. their vast education and management activities required sophisticated software for precision, punctuality, and accuracy. they needed this software to automate various activities of their education system. e.Soft supported them with manual processes with highly responsive and easy-to-use software.
To fulfil the client’s requirements, e.Soft designed and developed comprehensive software that automates end-to-end activities of the institution right from student admissions to generating iCards, all using its cloud-based system.
The software developed by e.Soft manages all the routine as well as complex activities with precision. It has simplified all the major detailed activities of the admission management system.
The administrative processes of the Shia P.G. College were enhanced with our automation software.
Joint Secretary Manager
Product Development
Cloud Raxak is a highly customizable and robust solution designed to enhance security and compliance management. Its automated approach would not only improve security posture, but also optimize resource allocation by reducing the manual effort required for compliance management. Cloud Raxak partnered with e.Soft since its founding years.
Cloud Raxak has partnered with e.Soft since our founding in 2014. All our product development activities, and our web presence has been exclusively developed by the talented engineers at e.Soft.
Throughout our continuing engagement, e.Soft has been responsive to our changing skill-set needs ranging from Python development, front-end development, testing, and web management in a flexible and timely manner. We simply could not have developed a world-leading best-in-class security product, winner of the Gartner Cool Vendor award, and deployed at some of the most demanding financial sector companies without this support.
Thank you e.Soft!
CEO
Technical Support
ChannelSale equips online Sellers with cutting edge powerful software solutions and expert services for automating sync of product listings, inventory, orders across various eCommerce platforms globally via a single software interface. e.Soft offers technical support to their business.
With a wide range of technological solutions and a highly experienced team they delivered excellent technical support to our business. They met our demands by providing undivided attention and support and made sure our business was scaled up successfully.
CEO
Software Solutions
Infinity Group is a prominent leader in the automotive aftermarket products industry across West Africa. e.Soft provided Infinity Group with a tailored, all-in-one software solution designed to address their specific operational needs, like import and forex management, inventory management, complex operations, legacy systems, and more.
When Infinity Group was expanding its network of retail sales and service centers across Nigeria and Ghana, e.Soft stepped in with a much-needed robust system to manage its complex import, forex, and inventory operations.
e.Soft’s custom-developed software addressed these needsby automating processes, integrating critical business functions, and providing real-time data and analytics. This solution empowered Infinity Group to streamline their operations, reduce manual errors, and scale confidently across the region.