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ERP software becomes the backbone of every manufacturing business. Whether it's about managing inventory, finance, sales, marketing, manufacturing or human resources, everything is managed by ERP software effectively. But what if your system has flaws? You are always under the pressure of data threats, server issues, performance problems or others. The solution to all your issues of Blockchain technology and, say, decentralized ERP software development. The blockchain-backed system can make your platform more scalable, adaptable, and streamlined.
If you are planning to upgrade your current ERP system to blockchain ERP software, you are at the right place. Suffescom Solutions Inc. is a top custom blockchain development company with 13+ years of experience in the IT industry for developing on-demand solutions. We have 5.5 years of experience in blockchain project development. We understand both industries and have all the skill sets to build your decentralized ERP system.
Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, project management, risk management, procurement and supply chain operations and more. The system helps in the free flow of communication between business areas, a single source of information and accurate, real-time data reporting. Every process of the system is accessed through one application with one interface.
A decentralized ERP system functions similarly to a traditional ERP system but with more accuracy and authenticity of data handling. The modern technology-backed software is backed by Blockchain and performs with the ability of blocks. Therefore, the system can guarantee the fidelity and security of data records and generate the need for a third party. Smart contracts back everything on the platform. Therefore there will be no choice of data manipulation or facts tempering.
The blockchain ERP software unite all small or enterprise business's data and give the flexibility to full control the inner processes of any kind of businesses and work processes.
| Tradition ERP System | Decentralized ERP System |
| The platform is easy to manipulate, meaning one can easily tamper business data within the network. | Blockchain supports immutability, meaning it is impossible to erase or replace recorded data. |
| Traditional ERP platforms databases are centralized and do not support transparency. | Decentralized platform offers complete transparency, means member can verify data recorded into the blockchain |
| Traditional ERP databases have central authorities regulating the operation of the network, and the authority can exercise censorship. | Blockchain technology is free from censorship since it does not have control of any single party |
| The traditional ERP system’s database is neither transparent nor immutable; hence, no permanent trial is guaranteed. | Blockchain creates an irreversible audit trail, allowing easy tracing of changes on the network. |
| Traditional ERP platforms face performance issues due to slow data processing and server down problems. | Decentralized ERP System wins over the strategy due to faster speed and no-down time. |
Decentralized ERP Systems can be used in various departments of businesses. Some of them include the following:
A manufacturing execution system (MES) involves optimizing the manufacturing process by monitoring, tracking, documenting, and controlling the entire production lifecycle. It is the actual shop-floor process and operations of your production line in real–time. With Decentralized ERP Software, businesses can keep track of every activity without the threat of data modification at any step.
ERP solution helps to manage all the ways a customer interacts with a business, which is also called Customer Relationship Management (CRM) system. It helps businesses to build close connections with customers and turn leads into sales. The software allows businesses to save important dates such as a customer's birthday, anniversary, and a wish with a special offer from the company side can let them enjoy more products.
SCM involves management, procurement, and supply of goods, services, and other resources across the chain. ERP systems handle manufacturing, warehouse resources and transportation processes that help in reducing time and effort. The system also enables employees to complete their tasks on time.
Every business needs to specify the skills required for specific job descriptions, monitor the employee onboarding training, record employee performances and much more. There, the ERP system at the workplace helps in managing the skills and training of the employees in the most significant manner.
Every business needs an automated accounting feature and streamlined data entry process that helps in time-saving and improving the management of cash, resolves problems with cash flows, and simplifies complex accounts payable and accounts receivables activities. Everything is handled by one solution, i.e. decentralized blockchain solution.
ERP software helps companies to control, monitor and coordinate all the activities in their locations. In other words, the platform supports maximizing its returns by maximizing the utilization of its fixed supply of resources.
An ERP system can turn complex procurement processes into easier, faster, and more efficient solutions. It aggregates supplier and customer data to ensure a smooth and seamless purchasing process. And one can deliver timely results to the customers at their doorstep.
ERP system allows you to create a more useful workspace and can prevent mistakes and delays in operations, including order processing. You can also organize warehouse stock in a rudimentary way by setting alerts for various stock levels, such as maximum, minimum or reorder level, to ensure proper procurement.
ERP software solution is designed to combine all the activities of business into a single database. It helps businesses to manage physical assets, such as an organization's building, manufacturing equipment, and more.
An ERP system optimizes inventory and automates necessary functions so that stock purchasing, organizing and transferring can be sync. It also helps businesses maintain optimal stock levels by integrating the inventory needs of staff, customers and suppliers.
The use cases of the ERP system do not end here. The system can be developed according to your business or department's needs. But one thing common with decentralized systems is that you can process data anywhere without fretting about data stealing or losing information.
ERP system enables the business to streamline operations, diminishing costs and boosting business productivity. All these things are done by various departments in an organization. A decentralized ERP platform helps these departments to make better decisions and allocate resources to boost profits. Let’s check out key features of the platform that help to make better decisions.
Distributed ledger (or shared ledger) is only one component of a business blockchain implementation for an ERP platform. It allows sharing of records of all transactions across the business network over the shared ledger. Each participant, such as management and employees, has a duplicate copy of the ledger, and it provides end-to-end visibility of the business transactions controlled by the permissions given to participants in the network.
A smart contract is a self-executing program that automates the actions required in an agreement or contract. Decentralized smart contract solutions ensures that once the transaction is completed, the transactions can be trackable and irreversible.
Wallet integration enables businesses to store customers' reward points. The company can allow them to redeem as and when they need it or by providing certain offers. Blockchain-backed wallets could be hot or cold wallet integration.
Blockchain ERP platform helps businesses to manage stock effectively. Users can check stock updates anytime, and when the stock reaches to reorder level, the platform automatically sends an email to the concerned supplier.
ERP platform with CRM feature helps to build relations with customers. It can store important dates such as birthdays and anniversaries and send them warm wishes. Also, the ERP software can offer exclusive offers and discounts on special occasions.
Users can generate reports with one click and check out various details such as profit figures, expenses details, assets, previous year's sales detail and more. Most importantly, everything is backed by blockchain with no scope for data manipulation.
Our blockchain ERP platform developers are always updated with the latest technology and trends in the market. Thus, we can help you analyze the prospects of success and your project idea. Therefore, you must take blockchain consultation or guidance over the most suitable technology for your business.
When it comes to Decentralized ERP Software designing, we always focus on creating frontends that are intuitive, simple, and engaging for various users. We also follow a user-first approach to creating a self-explanatory and seamless navigational interface that makes things easy to use for both new and experienced users.
To ensure flawless working of your platform, our skilled developers work on robust coding that helps your business to grow in a competitive world. We have a wide range of developers that cater to various business needs.
Integrate the supply chain, healthcare supply chain and food supply chain business with ERP system. Suffescom Solutions develop blockchain ERP platform for all business data and empowering businesses.
Our decentralized ERP software developers are capable of crafting interactive applications. We provide quality support and a platform with various features to ensure your business's success.
Once your software is ready, our Q/A expert team ensures there should not be any loopholes in the platform. We study your system and devices deeply and ensure the performance and usability of the platform. Hence, we assure all our developed platforms come with bug-free solutions.
Our job never ends up solely in development only. We provide end-to-end maintenance of your platform for flawless functionalities. Our post-maintenance support offers time-to-time upgrade facilities to stop potential downtime.
The process of decentralized ERP solution implementation involves several steps. Let’s understand these;
As a leading enterprise blockchain consulting company, we ensure you must be aware of blockchain and its benefits for your business importantly, how it can build trust and transparency in your system. We deliver a road-map for system implementation.
While you share words with our experts, we find out your business's key requirements and understand the features and functionalities to be integrated. We draw effective plans for your project.
Our blockchain team designs cutting-edge solutions with simple and intuitive designs for end users. At the same time, our expert works creating blueprints designs, database designs and user designs.
We craft a prototype of how your Blockchain ERP app or software would look like. Further, we test the prototype at multiple levels for convenient UI and UX designs.
Our Blockchain development team architects a high-quality blockchain product for your organization based on the initial feedback.
Our dedicated blockchain developers carefully test every blockchain aspect of your platform to ensure client satisfaction and excellent user experience.
We follow the standard protocols while deploying blockchain-backed ERP systems on various platforms where they are easily accessible to the management and employees.
Every digital solution requires improvement with the passage of time. Therefore, we support our clients by offering post-maintenance services.
We have 13+ years of experience in the IT industry and delivered various decentralized app development projects. And now serving with Blockchain technology-backed projects for more than 5 years.
We have 500+ seasoned blockchain experts to handle any technology effectively. We have already worked on more than 50 NFT marketplace projects, developed 6 web3.0 gaming platforms, crypto and more. We can handle any blockchain technology such as Ethereum, Solana, Binance, Polkadot, Polygon, or you just name any!
Budding entrepreneurs or techies looking for expert advice, we also provide blockchain consultancy services. You just ask us about your requirements. We can help you with idea creation, assessment, defining technical component definition, PoC, integration, development and more cases.
We have designed and delivered similar technology projects. You can check our case studies, testimonials, online reviews and more happy customers. We have also bagged Emerging Web3 marketplace development & blockchain companies by National Media.
We not only delivered what we developed but before hand-overing your project, we conducted multi-level testing. We ensure bugs, errors, or other glitches should be removed, and you can achieve scalable results in less time.
We are ready to serve round the clock. Our experts take care of your needs whenever or wherever you need them.
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