Al Faris Goes-live with Ramco ERP in 100 days
Dubai, UAE / Chennai, India – June 25, 2012: Ramco Systems (BSE - 532370, NSE – RAMCOSYS, MSE – RSST); an enterprise software company focused on enterprise cloud platform, products and services, has announced the successful go-live of its ERP software for Equipment Rental Management industry at Al Faris Equipment Rentals (L.L.C), owners of the largest fleet of Mobile Cranes in the UAE. The entire process from blueprint to go-live was completed in a record time of 100 days.
Ramco Equipment Rental Management has enabled Al Faris have effective control over costs and operational parameters like equipment availability, operational expenses, equipment run time, rental income etc., which has in turn led to improved equipment utilization and profitability. It has enabled real-time analysis of key parameters which provides the management with adequate information for strategic decision making.
“We have been growing exponentially and needed a robust and integrated IT backbone that is flexible and scalable to meet all our needs. We evaluated multiple global ERP solutions and chose Ramco Equipment Rental Management as it fit our requirements like a glove. A powerful solution coupled with competent implementation team enabled a smooth transition to ERP in record time. We look forward to a continued association with Ramco,” said Mr. Kieve Pinto, Director–Operations, Al Faris.
Al Faris implemented the complete suite of ERP with industry specific solution including Equipment Rental Management Module, Enterprise Asset Management (EAM), Purchase and Sub-contracting, Inventory Management, Payable, Receivable, Book Keeping, CRM, Fixed Assets, Management Accounting, HRMS (Human Resource Management System), and Payroll.
“This is an exciting engagement and we look forward to continuing our successful relationship forward. The successful go-live in record time has been possible because of the support from Al Faris and a competent implementation team from Ramco working closely together. This win has further reiterated our strength to address the niche Equipment Rental industry with a complete ERP solution. This is a hitherto underserved market and we have a strong offering that can solve the pain points of the Rental industry,” said Mr. R. Shankar, Executive Vice President – India, Middle East & Africa, Ramco Systems.
Ramco Equipment Rental Management enables rental providers to optimise equipment utilisation, eliminate non-performing assets, and improve operational efficiencies of the supply chain, planning processes and accounting functions.