The Best Pharma ERP Software for Pharma Businesses

Pharma ERP Software can be used by Pharma Businesses who have multiple production units, warehouses, distribution centers and retail stores spread across multiple locations. The Pharma ERP Software helps manage the business right from raw material procurement to production of goods, management of inventory in the warehouses, fulfillment of orders, replenish the stock at various locations at the right time and manage the retail store operations.

A robust Pharma ERP Software can have huge benefits for your business. It can bring many efficiencies into your business which may result in cost saving, reducing wastage, customer satisfaction, increase in business through timely replenishment of your inventory or stock. Some of the main benefits can be listed as below:

• Timely and efficient procurement of raw materials reducing wastage and overstocking
• Sale Order Management facilitating what to produce and when to produce
• Warehouse management with inventory location through rack and bin management
• Bringing efficiency to manufacturing processes via process or discreet manufacturing or assemble to order or batch manufacturing.
• Management of the complete supply chain via auto stock replenishment, goods in transit, physical goods verification, price control etc.
• Efficient management of perishable or expired goods and inventory
• Accurate payroll management be it piece rate workers, hourly rate workers or salaried employees with compliances.
• Accurate MIS reporting with dashboards to get a bird’s eye view of the business
• Complete integration of various Point of Sale locations with the Pharma ERP
• Inbuilt CRM module or third-party integration to engage with your customers and analyze their likes, dislikes, buying patterns, choices, and preferences etc. to better serve them.
• Support of Omni-Channel Retail to facilitate sales seamlessly whether it is through physical stores or e-commerce.
• Flexible Promotion & Campaign management module to manage and implement various discounts, schemes, gift vouchers, discount coupons etc.
• Timely replenishment of inventory based on various methods like fast selling items, seasonal items etc.
• Track product margins, pricing, schemes, discounts to get better deals from suppliers or vendors
• Helps manage the accounts, TDS, TCS, GST returns and other accounting related areas of the business.

To choose the right Pharma ERP Software one needs to be aware of the following things:

• The Pharma ERP Software should fulfill the complete needs of your business providing tools which reduce inefficiencies, wastage, duplication of work and integrating all the business processes seamlessly
• The Pharma ERP software should support the latest technology and the company should have the capability to adapt the product to the new technological changes.
• The Pharma ERP software not only be technologically adaptable, but it should also be flexible and capable enough to keep up to date regarding the various changes of government rules, taxes, and compliances
• The Pharma ERP software should be scalable i.e., it should perform the same way whether it is one user or a thousand users. It should be able to support and manage your data volume across multiple years
• The Pharma ERP software should be able to present and maintain accurate and consistent data because your business will be dependent on the ERP software for all the compliances like accounting, GST, inventory, pricing etc.
• Fast, accurate and configurable reports are a very important part of the Pharma ERP software. It should have an extensive reporting tool which covers each aspect and allow end user to create new reports as per requirement.
• Security, audit, and logging. The Pharma ERP Software should be secure enough to prevent unauthorized access, should allow audit of each transaction and should be able to maintain log of each activity in the application.
• The Pharma ERP should be deployable on the cloud. This removes the headache of maintaining backups or minimizing downtime if infrastructure fails at your end. It also reduces the botheration of employing trained staff to maintain in-house infrastructure
• The company offering the Pharma ERP solution should have proper after sale support infrastructure to help you regarding day-to-day issues.

We at LOGIC ERP strive to achieve all the things listed above. Some of the important points about why you should choose Pharma ERP offered by LOGIC ERP are summarized as under:

• Performs the most critical and basic tasks best cutting through all the hype and marketing
• End-to-End solution from Manufacturing to Retail
• Fully supports multi-locations, multi-warehouses, and multi-currency
• Fully GST Complaint
• Promise of providing accurate and consistent reports
• Business Insights and Dashboards for analysis
• Fully configurable reports. You can create as many reports as possible you want with different combinations and views
• Fully scalable. Pharma ERP by LOGIC ERP can support data of multiple years and will work the same way whether it is one user or a thousand users. We have clients who have been working with us for more than 20 years
• Best after sale support available through a self-serving ticket portal. No need to call, just post a ticket and we get back to you ASAP.
• Available both on Cloud and On-Premises