Tuesday, August 31, 2010

iWebNotes - Online ERP for SMBs

Mumbai based Startup iWebNotes has launched an ERP for Small and Medium Businesses at Rs 299/user/month. The ERP covers modules like Accounting, Sales, Inventory, Purchase, Projects and HR. There is also an online demo and an automated 30-day-signup. The initial response to the launch as been very positive and iWebNotes is getting around 10 sign-ups a day.

iWebNotes has breached the price barrier for ERPs and hopes that lowering the cost to such a level will drive mass adoption. The other advantage for SMB customers is also that it is a completely hosted solution on the so-called "cloud" model that is promoted heavily by IT vendors. Using the cloud approach, customers will also benefit by having their servers managed remotely. This is a complete win for customers who want to spend their energies in managing their business not software.

Other SaaS / Cloud applications in the market, mostly clones of SalesForce or Freshbooks are too simplistic or cover only a part of total business requirements. iWebNotes' approach is unique because it takes an integrated approach to all business functions. This is more valuable to companies that are beyond the startup phase.

iWebNotes has also built its own rapid-application development framework that will help companies who want to customize their ERP.  iWebNotes's Open Source model gives customers an exit, in case they want to host it on their own - something that Salesforce and others don't allow. It also allows opportunities for other companies who want to specialize in customizing the product. iWebNotes also plans to provide services to customers to help them setup their servers and migrate the application to their own.

Mr Sooraj Surana, of Peekay International, an early user of iWebNotes is extremely happy with the solution and says "We have a lot more reports that we can view, which helps us manage our business more efficiently. We do not require trained professionals to do simple data entry as with many other business applications which require training before it can be put to use. The best feature is that this application runs on a web browser. No CDs or installation files required. I can get to know what is happening in my company weather I am in Mumbai or Delhi or any other part of the world. All I require is just an Internet Connection on a computer"

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