The Enterprise Resource Planning (ERP) system is the core of modern enterprises. The insights gained from the ERP system help measure business performance and guide decision-making. Fangtian ERP system creates an integrated solution for smart factories. With manufacturing as the core, it perfectly combines the core production management needs of manufacturing enterprises with supply chain management and financial management to create a full-process integrated management system with production planning as the core, breaking down the barriers of communication and collaboration between departments, links, and systems, establishing standardized, agile, and efficient business processes, and achieving seamless management of all links such as sales, PMC, procurement, warehouses, quality, human resources, finance, and engineering and technical departments, ensuring the accuracy, timeliness, and effectiveness of data information during transmission, helping enterprises to respond quickly, collaborate closely, and operate well, promote business development faster, and comprehensively enhance core competitiveness.

Integrated enterprise management, digital transformation, and comprehensive cost reduction and efficiency improvement.

Easily achieve full process control from sales order acceptance to flexible production, agile and efficient. Multi-dimensional integration of the complex business methods of multiple factories, multiple processes, and multiple business models in the manufacturing industry. Shorten delivery time, reduce costs and increase efficiency, and help enterprises easily achieve digital transformation. Based on the integrated system design concept, fundamentally solve the problem of enterprise information islands.

System Architecture

With the help of the system automation core management engine, we can achieve the deep integration of digitalization and informatization, and empower the digital management application of enterprises.

Fangtian ERP system is a digital management tool that helps enterprises operate their business. The business scope of the enterprise ERP management system covers finance, HR, manufacturing, supply chain, services, procurement and other processes. The purpose of enterprises deploying ERP management software is to use integrated management tools to achieve efficient operation of these common business processes. The ERP management system, which integrates the latest technologies such as AI and machine learning, has made major breakthroughs in enterprise management and industry analysis.

01. Financial Management

The Financial Management module is the foundation of your ERP system. This module tracks accounts payable and receivable and helps you manage your general ledger, allowing you to focus on your current financial situation and future prospects. The module can also generate and store balance sheets, payment receipts, and other important financial documents.

Automation plays a big role. Finance automates tasks related to billing, vendor payments, expense management, asset management, and joint venture accounting. For example, automated cash management can help you analyze cash transactions more easily and improve cash flow forecasting. Your accounting team can close the books faster, saving a week or more, while complying with strict revenue recognition guidelines. Balance sheet automation provides near real-time data to help you get an accurate picture of your business's financial health.

02. Procurement

The Procurement module improves your ability to purchase the products or materials you need to manufacture or sell goods. The module automates, tracks, and analyzes quotes while helping you prepare and send purchase orders. The module automates the purchase of specific materials based on a list of approved suppliers to speed up the process, ensure spend compliance, and improve supplier relationships to increase profitability.

More importantly, the right module can streamline the end-to-end process of procurement, which includes not only shopping and spending, but also how direct material and service purchases are managed. Based on real-time data from supplier negotiations and contract awards, the module can also determine how to combine purchasing power to minimize costs while reducing supply disruptions.

03. Risk Management

The Risk Management and Compliance module uses artificial intelligence (AI) and machine learning to enhance financial controls, helping finance teams prevent cash loss, conduct audits, and protect against emerging risks while eliminating much of the manual work.

With risk management capabilities, you can maintain compliance by automating processes such as separation of duties (SoD) reporting and granting and controlling user access. Automation also accelerates audit transactions to quickly identify fraud, errors, and policy violations. You can also streamline workflows for audit and Sarbanes-Oxley Act (SOX) compliance, risk management, and business continuity planning.

04. Supply Chain Management

The Supply Chain Management (SCM) module tracks the flow of supplies and goods through the supply chain: from suppliers and sub-suppliers to manufacturers, all the way to distributors and retailers or consumers. With this service, you can efficiently plan demand, supply, order fulfillment and production across your entire enterprise, reducing disruptions and lowering costs, ensuring that the ideal inventory is in the right place at the right time.

Specific example: Supply chain management systems can determine the ideal inventory level and replenishment strategy for each inventory location based on demand forecasts, thereby avoiding overstocking or stockouts. Automation functions can simplify order capture, settlement and post-sales customer service, helping you save time and money in the entire supply chain process (such as order management).

The Supply Chain module also helps you better manage variability by forecasting demand using capabilities such as segmentation and machine learning. Such capabilities build more resilient supply chains to respond to market changes and global shocks.

05. Enterprise Performance Management

Enterprise Performance Management (EPM) modules enhance processes around business planning, budgeting, forecasting, and performance reporting. They enable connected planning (versus previous independent planning) through a unified view of financial, operational, and business unit plans. These modules also use automation to accelerate reporting of financial results.

By using scenario modeling, long-range planning, and other capabilities, the EPM module provides deeper insight into costs and profitability, helping you achieve revenue targets and simplify reconciliation and tax reporting. With EPM, your team will be able to model and plan across multiple key areas such as finance, HR, supply chain, and sales.

06. Manufacturing Process

The Manufacturing module makes it easier for businesses to plan and manage production runs. This includes ensuring your facility has raw materials readily available to meet demand, being able to run the shop floor efficiently and reduce costs, while ensuring the quality of the finished product.

Today's modules allow you to run mixed-mode manufacturing, not just single-mode, so you can use a combination of manufacturing processes, such as discrete and process manufacturing. This helps you diversify your portfolio and reach new customers. For example, you can use process manufacturing to produce a range of beverages, and use discrete manufacturing for components and assemblies to quickly produce bottles and cans. You can also monitor costs and variances across plants, compare forecast and actual output, and compare supply to forecast demand after calculating the average production time for an item.

07. Customer Relationship Management

Customer Relationship Management (CRM) modules help you manage customers more effectively by improving sales and marketing processes, especially those supporting leads. These modules store all information about customers and prospects, including every customer interaction and purchase history, and provide segmentation data and targeted cross-selling recommendations.

CRM modules include features such as contact management, correspondence tracking, opportunity or lead tracking, order history, problem ticket handling, quote creation, and sales agent productivity management. It is important that your module helps you track your customers from the initial marketing stage to the quote or sale to close the sale and provide ongoing customer service.

Keep in mind that not all businesses or ERP vendors consider CRM an ERP module. Some ERPs only include modules more closely related to financial management and other back-office activities, while others offer a broader view and cover front-office responsibilities, such as customer relationship management.

08. Human Resources

The Human Capital Management (HCM) module, or Human Resources Management (HRM), contains detailed records about all employees, including performance evaluations, job descriptions, benefit selections, and attendance/leave records. Like other ERP modules, the HCM module also embraces automation, with automated annual spreadsheets that continuously collect data across the enterprise, reducing duplication and increasing accuracy. This brings significant advantages to businesses with access to massive amounts of HR data.

The HR module automates tasks such as employee scheduling, recruiting, and payroll. The HR module enables teams to easily collaborate across internal workflows and can connect to CRM data to determine sales staff bonuses more easily and accurately than doing it manually.

09. Project Management

This module improves project management with shared, visual tools that help you track schedules, budgets, and resources. For example, you can view multiple project schedules in a single view, making it easy to assign (and reallocate) resources. You can use search filters to filter by role, skills, and location to assemble the ideal project team. You can also standardize how you capture costs across the enterprise to better manage budgets. Advanced project management tools can help you make the most of your cash flow by automating customer invoicing and project billing.

In the future, project management modules will be widely used in project-intensive industries such as construction and manufacturing. Well-deployed project management modules can improve project on-time completion rates, monitor costs, improve the accuracy of service-based cost estimates, and optimize the use of staff and equipment.

10. ERP Analysis

Fangtian ERP analysis module helps finance, procurement and project management professionals understand the factors necessary to increase profitability, improve working capital utilization and control business expenses.

Fangtian ERP analysis can provide general ledger insights into profitability and speed up the collection process to improve cash flow. The module can also help the finance team track on-time and overdue supplier payments to determine the urgency of payment, thereby improving the accounts payable process. At the same time, this module controls corporate spending by identifying cost savings and financial risks. For example, compared with traditional manual processes, this module can help the finance team identify fraud incidents faster, better comply with expense policies, and more accurately monitor employee reimbursement activities.

Application Value

02. Enterprise management standardization and production refinement

Fangtian ERP system contains advanced management mode, and also takes into account the standardized and standardized operation process, with detailed data, to build a solid foundation for the refined management of enterprises. The system refines the functions of each process, each link, and each operator, that is, it guarantees the execution of refined management in terms of organizational mechanism, thus realizing the refined management of enterprises.

03. Resource sharing and information transparency

Break down information silos, establish enterprise information data exchanges, realize resource sharing, and unify information data, so that users can grasp information at all levels in a timely manner. At the same time, each department and each position is like working in one department.

04.Integration of business, production and financial data

Fangtian ERP, with synchronous recording of capital flow and logistics and data consistency, can trace the origin and development of funds according to the current financial and capital situation, and strengthen the finance's ability to plan, monitor and trace business in advance and in the future.