Growth is never by mere chance, it’s a consequence of constant endeavours. It is guaranteed when competent fquskh workforce and innovative minds work together towards a specific target.
Marg ERP teaming up with ICICI Bank has been an integrated endeavor that has promised MicroSmall and Medium Enterprises (MSMEs) to securely carry out their fiscal activities through Marg Accounting Software by connecting their ICICI accounts with Marg ERP software.
Sufficing this main need of SMEs and MSMEs has got a respectable response and appreciation worldwide and contains opened a new variety of making transactions digitally within the ERP system itself.
Today, nearly all types of businesses whether small or medium sized need to perform numerous financial transactions throughout their working hours. So, the best way to perform all of your financial activities like starting vendor & salary payments is via RTGS, NEFT or IMPS directly from ERP program; automate bank reconciliation, accounting entries, trying to get working capital loans in addition to schedule future payments gets well managed by an Advanced Integrated Banking Solution.
The ERP software has already found its use for SMEs and MSMEs across the globe but with built-in banking concept various trade specific enterprise software promises to promote agility and accuracy in all types of financial activities thereby ensuring a good change in business exercise for MSMEs that aims to grow.
Advantages of the ICICI Banking institution-Marg ERP partnership:
Control over account movement without adding extra efforts:
With this particular integration, business owners can keep a record of dealings running in and out of the bank accounts. Businesses can reduce data entry and guide errors of accounting, as transactions is now able to directly retrieved through the bank. Real-time bank harmony and transaction status clarity on bookkeeping platform will provide business owners to take considerable decisions spontaneously.
Auto Bank reconciliation:
The integrated banking concept has specific attributes like bank reconciliation which is a unique way wherein you get a summarized banking report showing all the banking and financial activities you performed in a reconciled fashion assuring you to have control on your own financial activities and prevention from unwanted fraud.
Now for reconciling your financial institution statements, all you need to do is connect your ICICI bank account together with your Marg ERP software and all of your bank purchases will get retrieved instantly into ERP method. This is again a distinctive feature of this alliance that auto bank reconciliation will now be around to SMEs in India.
Offer multiple payment options:
The built-in ERP program runs multiple payment options like NEFT, RTGS, and IMPS, account exchange having an instant status update in the deal along with a Bank reference point amount in the Marg ERP platform.
Secure and safe:
Marg has implemented 7 layered security program inside their software that allows secured financial for ICICI current bank account cases.
Pay out right from Marg ERP:
With this fascinating feature, users do not possess to switch in between their bookkeeping and consumer banking applications to do and control their financial activities. ICICI Bank’s prevailing account holders can just log on to Marg ERP, pick the appropriate bills, and make obligations from Marg ERP by means of their linked ICICI Bank account in just a couple of clicks.
One dash panel for payments made: Deals can still approve their payments on ICICI Bank’s Company Internet Banking (CIB) portal and discover that each payment standing becomes up-to-date immediately around the Marg ERP program.
Usage of ICICI Financial institution internet centered cheque putting your signature on center from MARG ERP: It really is a totally guarded and scams-evidence cheque program and definitely will aid in the expulsion of cheque scams and looking after correct textbooks of records. The authorised signatory can accept cheque demand from another location guaranteeing that the customer is usually in control of their enterprise.
Scheduling Repayments: Having a individual click on, customers can schedule their future repayments inside of www.margerp.com . The repayments can get initiated at that certain predetermined time immediately without any disturbance.
Consequently, in this particular era which is centered on taking consistent revolutionary endeavours and engrossed in anticipating the requirements of fquskh the customers, the idea of Financial Inside ERP will definitely help them to to evolve their company and get to their goals.