Eazy ERP Shows 25% Growth, Plans to Expand Globally
Eazy ERP's focus for this year will be on Cloud Computing. The company have come up with hybrid cloud offering which fits into the requirements of today's MSMEs.
GURGAON: EAZY ERP reported a growth of 25 per cent in its total revenue at Rs 6 crore in 2016-17 against Rs 4.5 crore a year ago period. “Indian SMEs prefer to work on systems which are easy to operate and can manage their entire business complexities. We cater to such requirements and hence delivered a high rate of customer satisfaction. This factor contributed market growth for us,” says CA Kunal Singhal, MD of Eazy Business Solutions.
Similarly, the net profit stood at Rs 45 lakh in the year under-review as compared to Rs 25 lakh, registering a growth of 80 per cent.
Commenting on the company’s performance, Mr Singhal, also said, “Eazy ERP is flagship product of our company. The USP of Eazy ERP is it being India’s First Tally integrated ERP. With consistent growth throughout FY-16-17, EAZY ERP has paved the road for innovation in 2017.In recent times, SMEs in India have grown, expanding their businesses across related as well as unrelated fields. To support these activities, there has been a surge in demand for a centralized system to capture and monitor information and streamline the organizational processes.”
Further, talking about growth strategy in 2017-18, Mr Singhal added, “Our focus this year will be on Cloud Computing. We have come up with a hybrid cloud offering which fits into the requirements of today’s B2B customers mainly MSME’s. Moreover, this year a new distribution model which has the capability of tracking the secondary sales and can also manage the secondary sales schemes has also been introduced by Eazy ERP along with the PoS solution for the retail segment.”
The company is also mulling to go global with providing its services in the AMEA region that include Asia, Middle East and Africa.
The company has over 150 clients across the country, including MDH, Pigeon, Kamdhenu Group, Hindustan Pumps, Ujala Pumps, SHELL, GoodYear, Interglobe Technologies among others.