ERP for Trading

Finbyz specializes in developing state-of-the-art trading software designed to meet the dynamic needs of modern financial markets. With a strong emphasis on innovation and technological excellence, our team of experts harnesses the latest in trading technology to provide software solutions that are not only robust but also user-friendly.

ERP for Trading Business


The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.- Paul Tudor Jones

In today's digital era, information is the cornerstone of success. ERP software, particularly for trading businesses, stands out not only for its capability to aggregate critical data but also for its exceptional ability to transform this data into actionable insights. This conversion of quotations into successful sales orders is facilitated by ERP, making it an indispensable tool for forward-thinking enterprises. As a premier ERP service provider, we specialize in customizing solutions that harness the power of ERP to drive your trading business towards unparalleled efficiency and profitability.

Trading businesses are said to be the link between the manufacturers or suppliers and the end customers. They deal in one specific good or a few categories of goods that render benefit to them. The main function in the trading business is the management of logistics and distribution of the goods and products. Traditional ways of managing the sales of these goods are very hectic and tedious. The automation of these processes through ERP Software can lead to more efficiency and growth in sales and distribution.

Every piece of information and knowledge is important for every type of business.

Features of ERP for Trading Business

we offer has many features, but below are a few features which we think can add substantial value to the Trading business. Eventually, the ROI of any software is what counts the most, which can be generated through the featured listed below.

Customer Management

Customer Management

Data of all customers, their buying patterns, potential customers.

Quotation Management

Quotation Management

Issue of quotes, conversion, and management of quotation workflow.

Order Management

Order Management

Ensure timely delivery, billing and payment against the sales and purchase orders.

Inventory Management

Inventory Management

Get batch-wise current stock as well as projected stock for all the items

Supplier Management

Supplier Management

Suppliers information, feedback to suppliers and quality controls.

Brokerage Commissions

Brokerage Commissions

Calculate and track item-wise brokerage against the sales/ purchase orders.

What will you gain?

The most important question while automating any function, arises is that what will you gain out of it? Or is it worth spending money and time on new technology for your business? The benefits of ERP for trading business will help you answer these questions.

Efficient management of leads:

ERP for trading businesses helps you in catering to the demands of the goods and make it easier to track and manage goods in the pipeline. The leads from the manufacturers or suppliers are efficiently managed by this automated system.

Handling of stocks:

The other most important function that ERP helps is inventory management. This prevents the business from losing the tracks of stocks and leads to theft and errors. It provides you about the insights of actual stock being held in the warehouses and forecasting the future demands.

Competitive advantage:

Effective management of all the processes in the trading business makes you a one-step-ahead from your competitors who still follow traditional ways of management. It also studies the customer needs and patterns of buying goods, providing methods to make strategic plans for future growth.

Sales Strategies:

Tracking of sales orders, invoices, buying behavior of the customers and the study of demand patterns helps the traders to strategically decide new plans and ways to promote their goods, to increase the sales volumes.

Effective sourcing:

Quantity and quality of goods, delivery times, and supplier’s data are handled completely by ERP for trading business. Sourcing of new orders becomes effective when all the existing orders and suppliers information is systematically stored and tracked.

Growth of business:

Employees in your organization can focus on the important and crucial decisions as all the data systematically and efficiently stored by an automated solution. This also motivates the sales team to work on their skills and enhance them to achieve the organization targets and aims for growth.

Best ERP for trading business, including ERP For Chemical Industry, manufacturing ERP software, engineering ERP Software, and transport ERP, has proved to be quite a boon for the traders as well as customers. It helps the traders to procure new suppliers and reach out to new and untapped markets of customers due to the automated services. Management of all the functions such as procurement, supply chain, distribution, and sales become easier and result-oriented. Handling of all the real-time information about stocks prevents loss and theft issues.


Optimizing a business function is futile and non-value-added if it is not part of a revenue/competitive business process. - Worster, Weirick, Andera.

Other Modules of ERP


Accounting is the language of Business - Warren Buffet.


Accounts module delivers insight into the key account needs of your organization and lets you manage the organizational expenses by delivering valuable insights. It allows you to automate financial and accounting activities such as Sales Invoice, Purchase Invoice and Payment Entries. You can also manage your assets with automated depreciation entries at selected period.

  • Multi company accounting with possibility to get combined accounting reports.

  • Automated payment reminders for your receivables.

  • Easy Integration with CRM Software.

  • Multi-currency accounting for export/import and hedging.

  • Manage term loans with scheduled automated ECS accounting entries.

  • Detail analytical reports on sales, purchase, gross profit.


If you are not taking care of your customer, your competitors will. - Bob Hooey


The CRM Module of ERP solutions allows you to optimally manage your relationship with the customers by providing you a broader range of functionalities that are specially designed to improve your customer service. Say no to searching multiple platforms like mails to accounting software to get 360 degree view of customer, you can get conversations, orders, invoices, deliveries and payment details all on single page.


  • Manage full conversion cycle from Lead ->Inquiry ->customer management.

  • Never forget to do follow-up calls on time through system reminders.

  • Time line feature like Facebook for each customer/lead allows you to view all mail/phone conversations on single page.

  • Make delegation and monitoring of tasks task more efficient through system generated escalation mails.

  • The CRM's Meeting Management feature helps organize and streamline meetings efficiently with objectives and outcomes.


Inventory is money sitting around in another form. - Rhonda Adams


Stock Inventory management is heart of any ERP. Here you can not only check the current stock levels with valuation, but you can also see projected quantity of stock based on purchase orders, sales orders and production orders in hand. The versatility of this ERP makes stock management module highly suitable for all forms of businesses.

  • Manage exact location storage space though Tree structure of warehouse.

  • Possibility of Serial No/Batchwise inventory management.

  • Generate product bundles selling multiple items together.

  • Create multiple price lists for each item, including multi-currency price list.

  • Allow seasonal discounts or offer special pricing to loyal customers through Pricing rules based on customer, Customer Group, Territory or Season.

  • Strong quality control based on predefined inspection criteria to be filled in quality check before receipt of delivery of item.


You sell on Emotion, But you justify a Purchase with Logic. - Joseph Sugarman


Manage the purchase through workflow of material request. You can create request for quotation and send it in mail to multiple suppliers with the click of a button. Ensuring multiple quotation are received for the requirement and choosing the best quote for purchase order, you can improve efficiency of your purchase department. In fact, this can improve your bottom line by bringing down your cost of goods.

  • Manage your sourcing activities by comparing quotes of multiple suppliers.

  • Send request for quotation to multiple suppliers on click of a button.

  • Item-wise or supplier-wise purchase price analytics.

  • Rate suppliers based on various factors from delivery time to quality of product.

  • Maintain buffer stock with automatic purchase requisition if available quantity in warehouse is below defined level.


This is where the real work gets done.


The Manufacturing part of the ERP has been designed to serve businesses in diverse industry backgrounds. The versatility of the software allows SMEs to manage their manufacturing activities with minimal data entries. The system is capable of managing cost of manufactured goods based on raw materials consumed and operational cost based on manufacturing activity time.

  • Manage workstations and standardize operations to be performed with benchmark timing.

  • Allows Multiple Bill of Materials(BOM) for single item with variation in manufacturing formula.

  • Manage not only inventory but also operational cost and workstation availability through BoM.

  • Production planning tool for scheduling manufacturing activities along with sub-assemblies.

  • Production analysis for each batch against the benchmark for getting possible areas of improvement.

Human Resource

You don't build a business. You build People and then people build the business. - Zig Ziglar

Human Resource

Human resource is most important for but ignored part of most of SMEs. The reduction in time wasted in non-core activities and goal-oriented approach increases the productivity of employees. Automation of attendance, payroll and expense claim allows better tracking and reduced redundancies.

  • Manage Employee attendance.

  • Automated Payroll Processing.

  • Leave/holiday management.

  • Expense claim management.

  • Job openings and applicants.

  • Professional Appraisal system.

  • Training and feedback.


Know what you own, and know why you own it. - Peter Lynch

Asset Management

ERPNext simplifies asset management from procurement to disposal, including IT infrastructure and equipment, all through a centralized system. With multiple capabilities integrated into a single application, managing assets has never been easier.

  • ERPNext offers a centralized system for asset management.

  • The platform facilitates managing assets from procurement to disposal.

  • IT infrastructure and equipment can be managed through the system.

  • Multiple capabilities are integrated into a single application to make asset management more efficient.

  • Asset masters can be created and managed.

  • Depreciation and maintenance can be tracked.

  • Real-time reporting and analytics are available to assist with decision-making.


A goal without a plan is just a wish. - Antoine de Saint-Exupéry

Project Management

ERPNext project management assists in the planning, organization, and administration of the various tasks and activities involved in managing a project, ensuring that they are documented and tracked.

  • ERPNext project management assists in planning, organizing, and administering various tasks and activities of a project.

  • It helps to break down a project into smaller tasks and assign responsibilities.

  • Project timelines, budgets, and progress can be tracked and monitored.

  • Communication among team members can be managed through the system.

  • Project templates can be created and reused.

  • Real-time analytics and reporting are available to monitor the project's progress.


Delivery Excellence for creating magical customer experience.


Poor customer service and support costs companies billions of dollars each year. According to Customer Engagement Index by almost half of consumers will stop buying from a company and move to a competitor within one day of having poor customer service. Best brands are known for their best in class service and support. ERP helps you create a system for tracking and resolving customer issues. You can also manage guarantee/warrantee of your products.

  • Ticketing system for issue recording, where tickets can be automatically created through customer email.

  • Possibility of assigning issues to relevant person for resolution.

  • Automated email/sms to customer on resolution of issue.

  • Manage invoicing for maintenance/repair service for items out of warrantee or AMC.

  • Take customer feedback against service to maintain quality standards.


The Foreign Trade Should be Fair Rather than Free. - Lyn Nofziger


Given the complex nature of export import business we designed special module, which will allow you to manage your requirements more effectively. As you must deal with many regulations the accuracy of the documents is most important for the organization. There are also local lows providing special benefits to exports like Duty drawback, MEIS, etc which require special accounting treatment. Import / Export finance is also has multi-currency nature and many times it come with fixed repayment date.

  • Generate all export documents like Draft BL, Shipping Invoice, Customer Invoice, Packing List, etc on single click.

  • Manage export/import finance with maturity date.

  • Letter of credit facility with drawn amount, conditions and maturity.

  • Manage forward Contract in system and check your hedging ratio.

  • Calculate RODTEP Claim, MEIS and IGST on exports and make accounting entries for these receivables.

  • Manage calculations of Export and Import against Advance Authorization license.

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