Growth is by no means by sheer chance, it’s a direct result constant endeavours. It’s guaranteed when skilled fquskh workforce and revolutionary minds come together toward a specific aim.
Marg ERP teaming up with ICICI Bank has become an integrated endeavor which includes promised MicroSmall and Medium Enterprises (MSMEs) to securely execute their fiscal routines through Marg ERP by linking their ICICI banking accounts with Marg ERP software.
Sufficing this major need of SMEs and MSMEs has got a commendable response and gratitude worldwide and has opened a new variety of making transactions digitally within the ERP program itself.
Today, almost all types of businesses whether small or medium sized need to perform numerous financial transactions during their working hours. So, the best way to perform your financial activities like beginning vendor & salary payments is via RTGS, NEFT or IMPS directly from ERP system; automate bank reconciliation, accounting entries, applying for working capital loans along with schedule future payments gets well maintained by an Integrated Banking.
The ERP software has already found its use for SMEs and MSMEs across the globe but with integrated banking concept numerous trade specific business software promises to promote speed and accuracy in all types of financial routines thereby ensuring a good change in business training for MSMEs that aims to grow.
Benefits of the ICICI Banking institution-Marg ERP partnership:
Control over account movement without placing extra efforts:
Using this integration, business owners can keep a record of dealings running in and out of the bank accounts. Businesses can reduce data entry and manual errors of bookkeeping, as transactions can be directly retrieved from the bank. Real-time bank balance and transaction position clarity on accounting platform will serve business owners to take considerable decisions spontaneously.
Automated Bank reconciliation:
The integrated financial strategy has specific attributes like bank reconciliation which is a unique way wherein you get a summarized banking report exhibiting all the banking and financial activities you performed in a reconciled fashion assuring one to have control on your own financial activities and prevention from undesired fraud.
Now for reconciling your financial institution statements, all you need to do is connect your ICICI bank account along with your Marg ERP software and all sorts of your bank transactions will get retrieved instantly into ERP method. This is again a unique feature of this alliance that auto financial institution reconciliation will now be available to SMEs in India.
Offer multiple payment options:
The integrated ERP program extends several transaction options like NEFT, RTGS, and IMPS, fund exchange with the immediate position up-date of the deal plus a Bank guide number in the Marg ERP system.
Safe and secure:
Marg has carried out 7 layered security program inside their software that allows secured banking for ICICI current bank account owners.
Spend directly from Marg ERP:
Using this intriguing attribute, customers do not have to change in between their data processing and financial applications to do and manage their financial routines. ICICI Bank’s existing accounts cases can just log on to Marg ERP, choose the suitable expenses, making repayments from Marg ERP through their attached ICICI Banking accounts in a handful of mouse clicks.
One dashboard for repayments produced: Investments can still accept their repayments on ICICI Bank’s Corporate Internet Financial (CIB) portal and discover that each repayment position will get up to date automatically around the Marg ERP system.
Access to ICICI Bank internet based cheque putting your signature on service from MARG ERP: This is a totally guarded and fraud-proof cheque program and can aid in the expulsion of cheque scam and looking after correct textbooks of documents. The authorised signatory can accept cheque ask for remotely ensuring that this customer is always in charge of their enterprise.
Arranging Payments: With a single simply click, customers can routine their upcoming repayments inside Marg ERP . The payments will get started at that specific predetermined time automatically without any disturbance.
Consequently, in this particular era which is centered on getting steady innovative initiatives and engrossed in looking forward to the requirements of fquskh the customers, the thought of Financial Inside ERP will definitely enable them to to develop their enterprise and get to their set goals.