The Indian pharma industry is currently valued at $49 billion and is the third largest in the world, it is expected to grow to $130 billion by 2030 and become the leading provider of medicines to the world, according to Indian Pharmaceutical Alliance (IPA) Secretary General, Sudarshan Jain.
Why use ERP software for pharma businesses?
ERP for Pharma has now become a support system to this flourishing sector. ERP software for the pharma sector assists you to manage the entire business, starting from production and logistics to reaching the final consumer. ERP Software is a necessity for today’s pharma businesses, because it tremendously reduces the management burden of these businesses.
- Increased Profits with Pharma ERP
- Better Business Management
- Faster and Smart Decision Making
- Automation to Reduce Dependency
- Accessibility to Diverse Reports
With emerging technologies, there are several challenges; ERP for Pharma has become a life saver for the industry. Work that used to take days to be completed manually now takes a few minutes in the software, with increased accuracy and optimal business management.
We recently launched TouchStore, it can take your pharmacy online in a very affordable cost and time.
What Does ERP Do?
Managing data and operations in the pharma sector is very complicated, it requires 100% accuracy. That is where an ERP steps in. An ERP for pharmacy allows you to work and seamlessly manage all data in real time, helps avoid confusion, duplication of jobs and a proper inventory, warehouse and store transaction management.
Major takeaway from why ERP is important for pharma businesses:
- A pharma business is a very serious and responsible business. Maintaining data and records of everything is very important. An ERP for pharma business can help achieve that.
- It makes the business faster. Multiple processes automated. Integrations like Dunzo for scheduling home deliveries. Option to launch your pharmacy online etc.,
- Pharmacies or distributors, maintaining stock and huge SKUs is a task. ERP for pharma can help you achieve that.
- With all the processes in place and regularised. You can focus and optimise your business profits.
The ERP Software You Need for Your Business
ERP Software for pharma provides several features such as managing more SKUs, faster invoice generation, keep track of day-to-day operations, ROI calculations, product expiration tracking, stock management, faster stock delivery, and faster invoice generation.
Up for the goodness of ERP? Connect with the experts today!