There's always been a lot of buzz around ERP and the value it brings to businesses. But what exactly is ERP? How does it benefit businesses, particularly small and medium size organizations?

To answer all such questions IIT Delhi students invited Mr. Sangeet Kumar Gupta, Director, Finsys Infotech Limited on 16 Feb, 2011. Since its inception in 1992, Finsys is into the business of ERP software development and Implementation.

With over a decade of professional experience, Mr. Sangeet began his lecture by describing ERP as an ‘Endless Research Program’. He further added that as organizations today are more system driven then people driven, so need for an ERP system becomes that more important. By becoming the integrated information solution across the entire organization, ERP systems allow companies to better understand their business. With ERP software, companies can standardize their business processes and more easily enact best practices. By creating more efficient processes, companies can concentrate their efforts on serving their customers and maximizing profit.

During the latter half of the session Mr. Gupta talked about the difficulties that companies faced while ERP implementation viz. End user acceptability, Management of surplus commodities, Partial or full fledged ERP system, etc. In order to keep a check on such problems Mr. Gupta advocated the implementation of ERP solution in stages with a defined timeline.

About the Images

Mr Sangeet Gupta and Mr Puneet Gupta are regularly invited by Engineering Colleges and Management Schools and Colleges as Guests to share their thoughts with the next generation.

The students in this case were 120 IIT MBA students.

As a Industry interaction initiative they regularly invite People who matter. In Jan 2011, they invited, Union Minister, Mr Kapil Sibal, for similar interaction. In Feb 11, it was Mr Sangeet Gupta, and in March 11, it was the CTO - Chief Technogoly Officer at TCS ( Tata Consultancy Services ) 

More Information

If your college needs a similar input, about the ideas, the powerpoints for the ERP implementation etc, then you may contact our Delhi office at delhi@finsys.in .

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