PMTrack ERP
PMTrack ERP is a specialized manufacturing management software designed to streamline production planning, inventory control, and quality management for small to medium-sized industrial enterprises.
New Horizon ERP
New Horizon ERP is a comprehensive business management software designed to streamline manufacturing processes, supply chain operations, and financial accounting for small to mid-sized industrial enterprises.
Quick Comparison
| Feature | PMTrack ERP | New Horizon ERP |
|---|---|---|
| Website | pmtrackerp.in | sourcepro.co.in |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2014 | 1996 |
| Headquarters | Pune, India | Ahmedabad, India |
Overview
PMTrack ERP
PMTrack ERP provides you with a centralized platform to manage every stage of your manufacturing process. From initial inquiry and quotation to final dispatch, you can track production cycles, manage complex bills of materials, and monitor real-time inventory levels across multiple locations. It helps you eliminate manual data entry errors and ensures your shop floor stays synchronized with your back-office requirements.
You can gain deep visibility into your operational costs and resource utilization through integrated modules for purchase, sales, and financial accounting. The software is specifically built to handle the nuances of the manufacturing sector, including subcontracting and quality inspections. By using this system, you can improve your delivery timelines and maintain higher standards of production consistency across your entire facility.
New Horizon ERP
New Horizon ERP helps you integrate every corner of your manufacturing business into a single, cohesive system. You can manage complex production cycles, track raw materials in real-time, and oversee your entire supply chain without jumping between different applications. It simplifies the way you handle work orders, bill of materials, and quality control, ensuring your shop floor stays productive and your data remains accurate.
The platform is specifically built for discrete and process manufacturers who need to balance inventory levels with customer demand. You can automate your financial accounting, GST compliance, and human resource functions alongside your core production metrics. By centralizing your data, you gain the visibility needed to reduce operational waste and improve your overall profit margins.
Overview
PMTrack ERP Features
- Production Planning Create detailed work orders and track production stages in real-time to ensure your orders stay on schedule.
- Inventory Management Monitor raw materials and finished goods with automated stock alerts to prevent production delays and overstocking.
- Bill of Materials Define multi-level product structures and accurately calculate material requirements for every manufacturing run you initiate.
- Quality Control Implement rigorous inspection checkpoints throughout the production process to maintain high quality standards for your customers.
- Sales & Quotation Generate professional quotes quickly and convert them into sales orders with a single click to speed up your sales cycle.
- Subcontracting Management Track materials sent to external vendors and manage the return of processed goods within your main production workflow.
- Purchase Management Automate your procurement process by generating purchase orders based on real-time material shortages and vendor performance.
- Financial Accounting Link your manufacturing activities directly to your general ledger to maintain accurate financial records and tax compliance.
New Horizon ERP Features
- Production Planning. Create detailed schedules and manage work orders to ensure your machines and labor are always used efficiently.
- Inventory Management. Track stock levels across multiple locations in real-time to prevent shortages and reduce excess carrying costs.
- Bill of Materials. Define multi-level product structures and calculate accurate landing costs for every item you manufacture.
- Quality Control. Set up inspection points throughout your production line to maintain high standards and reduce product rejections.
- Sales and Distribution. Manage your entire sales cycle from initial quotation to final invoicing and shipment tracking in one place.
- Financial Accounting. Automate your general ledger, accounts payable, and receivable while staying compliant with local tax regulations like GST.
- Procurement Management. Streamline your purchase requisitions and vendor evaluations to get the best prices on raw materials.
- HR and Payroll. Handle employee attendance, leave management, and monthly payroll processing directly within your ERP system.
Pricing Comparison
PMTrack ERP Pricing
New Horizon ERP Pricing
Pros & Cons
PMTrack ERP
Pros
- Comprehensive coverage of the entire manufacturing lifecycle
- Strong focus on Indian statutory and tax compliance
- Detailed reporting for material and resource tracking
- Effective management of complex subcontracting processes
- Responsive support for implementation and customization
Cons
- Interface feels dated compared to modern SaaS tools
- Initial setup requires significant time and data entry
- Limited public information regarding third-party integrations
- Steep learning curve for non-technical shop floor staff
New Horizon ERP
Pros
- Deep functionality specifically designed for Indian manufacturing standards
- Comprehensive GST integration simplifies tax compliance and filing
- Modular structure allows you to implement only what you need
- Strong local support and implementation assistance for regional businesses
Cons
- Interface feels dated compared to modern cloud-native applications
- Initial setup and configuration requires significant time and effort
- Mobile functionality is limited compared to the desktop version