eFas

Disadvantages of High end ERP’s

• High cost of maintenance
• Heavy cost of customisation
• Complicated navigation and multiple screens for one process
• Steep learning curve
• End up using only certain percentage of the entire suite.

Disadvantages of Tally

• Low on security
• Single Window software and not user friendly for non accounting users
• Not ideal for multi branch
• Less scope for customisation
• Retrieving data after forgetting user name password becomes very difficult.
• No or weak subledger concept.

• User friendly Simple for user with no accounts background
• Easy to setup
• Modularised Ledger and Sub Ledger concepts
• Process driven
• Workflow based processes
• No fear of loss of data
• Works on secure protocols
• Suited for Indian Markets
• Works well with multiple branches
• Robust and Scalable

• Common COA across group companies
• Common processes across group companies
• Masters shared across groups (Vendors/Customers)
• Single application for Management to view across entities
• Secure access control and role management
• Can de centralise the processes on recording transaction at sub ledger level to non accounting users.
• Integrations with other platforms like ClearTax , Banks for payments, Single Sign On
• Currently servicing 14 group companies

Currently Available

• Financials
• Purchasing
• Integrations with other applications

RoadMap

• Fixed Assets
• Treasury
• Strengthening Micro services for data exchange with other applications.
• App based widgets.

Financial Process

• Accounts Payable
• Accounts Receivable
• General Ledger
• Tax Management
• Bank Reconciliation

Operational

• Purchase Order
• GRN

Customer

• Invoicing

Others

• Auditing
• Security
• API interfaces

Admin

• Entity Setup
• Financial Year setup
• Workflow hierarchy
• User/role management
• Audit trails

Masters

• COA setup
• Customer/Vendor
• Item Master
• Bank Master
• TDS Setup
• Cost center

Accounts Payable

• Invoice processing (standard /Pre Payments )
• Invoice Approvals
• Invoice Validations
• Invoice payments
• Outstanding & Provisioning

Accounts Receivable

• Invoice creation ( standard / Credit notes
• Receipt creation / cancellation/ refunds
• Invoice/Receipt Application
• Integrated billing process

Purchasing

• Purchase Order
• GRN

General Ledger

• Voucher entry/Upload
• Trial Balance

Tax Management

• GST
• TDS

Reports

• Day book, trial Balance
• Ledger Reports ( Party ledger, GST , TDS )
• Subledger Drill down
• Sales / Purchase registers
• Aging reports

• Fixed Asset
• Treasury
• Mobile App
• Robust Reporting
• Microservices for Data exchange between applications