Prasanna Purple Mobility Solutions announced the automation of all its business operations using the Tally.ERP 9 software package from Tally Solutions Pvt. Limited (TSPL). The company is now covering a range of operations, from accounting to multipart inventory management using Tally.ERP 9.
The company, which operates an array of mobility solutions like City and Intercity buses, Bus and Car rentals, corporate and school bus services, was facing challenges in effectively managing their operational costs and inventory with the ERP that they had deployed, which required hiring exceptionally trained man-power which was extremely expensive to on-board. In 2012, after a year of struggling with their existing ERP solution, the company started using the inventory module in Tally.ERP 9, software they had so far used only for financial accounting.
After using Tally.ERP 9, the company significantly optimized their revenue within 6 months of solution deployment, while reducing downtime of vehicles. With Tally.ERP 9, the company could now track spare part life and mileage of each vehicle with greater precision, thus reducing spare parts costs from over INR 50L to about INR 35L. Fuel consumption which was earlier at 40% decreased by 2% as the lifespan of each spare part could be tracked and replacements could be done well in advance. The company’s procurement process became much smoother and streamlined, with the ability to handle 4000 spare part records for their Pune office alone. The time to manage their multipart inventory reduced by 80%, while overall efficiency in managing operations increased by over 50%.
“We have seen phenomenal results in our business after switching over to Tally.ERP 9 from ‘Oracle Financials’ ERP,” said Prasanna Patwardhan, Chairman & MD, Prasanna Purple Mobility Solutions Pvt. Limited. “With its ease of use and cost effectiveness, Tally.ERP 9 has helped us to achieve remarkable results in inventory management and overall operational efficiency,” he added further.
Tally Integration partner, Dexterity Techsys Pvt. Ltd., implemented Tally.ERP 9 for Prasanna Purple Mobility Solutions and customized Tally’s inventory module to make provision for capturing data related to Odo Meter reading, Daily running and Standard Life of spare parts in kilometres. This helped the company take corrective actions in operations. The customized solution also provided a unique report that could forecast the Replacement of Spare parts there by helping the management in preparing their Monthly Procurement plan. This almost eliminated loss of time between the generation of requirement and transport of the required spare parts to the repair shop and in turn led to significant reduction in downtime of vehicles and increase in the revenue.