Course Content
Introducing GreeneStep ERP System
GreeneStep ERP Business Management Suite helps companies to manage operations end to end and integrates all the departmental processes.
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Concept and Trends of CRM and ERP
Understand the role and significance of ERP or CRM systems in modern business operations. Gain practical knowledge of managing revenue operations process for a company using GreeneStep . Develop skills in customer account management, lead to cash process and other supporting business processes. Learn to implement effective performance management strategies using ERP tools. Learn communication and collaboration skills through ERP platforms. Acquire proficiency in setting up and optimizing business processes within GreeneStep. Apply ERP and CRM systems in various business scenarios, including employee training, and day-to-day operations management. Analyze and utilize ERP data for decision-making and improving business outcomes.
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Automating Revenue Operations
You will learn about Revenue Operations Management and apply the Lead-to-Cash process flow steps in GreeneStep CRM and practically apply your theoretical understanding to real time use case. Learning Outcomes
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Managing Customers and Opportunities
Understand the role and significance of CRM in Revenue and Sales processes. To comprehend the role of financial statements, especially the balance sheet, income statement, and cash flow statement, in evaluating sales performance. To utilize ratio analysis and common size statement analysis for evaluating sales performance and financial health. To understand how sales and revenue works inside the GS software
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Shipping and Delivering Sales Orders
Management (SCM) and its role in business operations. Identify and explain key components of Distribution Management within SCM, including distribution channels, inventory management, and warehousing. Describe the order fulfillment process and its importance in ensuring customer satisfaction and efficient distribution. Analyze the significance of logistics and transportation in SCM and its impact on overall supply chain efficiency. Recognize the integration of CRM with SCM and its benefits in centralizing customer data and enhancing customer satisfaction. Explain the role of CRM systems, particularly as designed in GreeneStep's software, in streamlining operations and resource utilization within SCM. Understand the key modules and processes for SCM, including SCM, sourcing, delivery, logistics, return management, and performance indicators. Discuss the application of IT in SCM and its contribution to enhancing communication, collaboration, and decision-making across the supply chain
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Integrating Supply Chain and Logistics
Identify the key activities involved in the procurement process. Recognize real-world examples of procurement activities across various industries. Learn how procurement contributes to effective supply chain management. Understand the steps involved in the procurement process in detail. Comprehend the importance of supplier assessment and key elements involved. Explore the benefits and implementation of e-procurement. Identify the advantages and risks associated with outsourcing in procurement. Grasp key aspects of inventory management and related strategies. Understand the use of ERP systems in procurement and expense management. Learn how ERP systems streamline procurement activities and enhance efficiency.
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Customer Invoicing and Receivables
Explain the pivotal role of financial management in organizational success, using real-world examples. Analyze the risk-return relationship and its impact on investment decisions. Apply time value of money (TVM) concepts to assess the worth of future cash flows. Evaluate capital budgeting techniques (NPV, IRR, Payback Period) and understand capital rationing. Calculate the weighted average cost of capital (WACC) and its significance in financing decisions. Interpret EBIT-EPS analysis to determine the impact of financing choices on earnings. Differentiate between operating and financial leverage and their effects on profitability. Discuss theories of capital structure and their implications for corporate value. Formulate a dividend policy that aligns with company goals and shareholder expectations. Manage working capital effectively by optimizing cash, receivables, and inventory. Forecast working capital requirements based on business needs and market conditions. Tax management using ERP
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Integrated Accounting Functions in ERP
Understand revenue recognition methods and their application in different business scenarios. Identify measurement issues related to accounts receivables and manage them effectively using ERP systems. Classify inventory types and apply appropriate valuation methods. Comprehend various depreciation methods and automate calculations through ERP systems. Accurately account for long-lived assets, including their depreciation. Distinguish between equity and liability and manage them using ERP systems. Apply lease accounting standards and manage lease agreements in ERP systems. Interpret and prepare components of an annual report using consolidated financial data from ERP systems. Grasp fundamental principles and concepts of financial accounting. Generate trial balances and prepare final accounts. Understand cost accounting terminology and the creation of cost sheets. Develop and control budgets, utilizing ERP systems for detailed cost tracking and strategic planning.
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Advance CRM with Business Analytics and Forecasting
Grasp the fundamental concepts of customer data, including its types, sources, and the classification of digital data. Understand the definition, importance, and key objectives of business data analytics within an ERP and CRM systems. Learn the steps to integrate business data analytics into CRM systems and understand the role of BI tools. Explore the Customer 360 journey and how advanced analytics can enhance customer insights and forecasting.
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Case Study Discussion
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GreeneStep ERP Basics : Hands On Workshop
About Lesson

Revenue Operations

Revenue Operations (RevOps) is a strategic approach that aims to streamline and optimize all revenue-generating functions within an organization, including sales, marketing, and customer service. By aligning these traditionally siloed departments, RevOps fosters a more cohesive and efficient process to drive revenue growth and improve business performance. Here’s how RevOps plays a pivotal role:

  1. Integrated Data Management:
    • RevOps centralizes data from sales, marketing, and customer service into a unified CRM system, providing a single source of truth. This integration eliminates data silos and allows for comprehensive analysis of customer interactions and revenue streams.
    • With unified data, businesses can gain actionable insights into customer behavior, sales trends, and campaign performance, enabling more informed and strategic decision-making.
  2. Aligned Processes and Goals:
    • RevOps synchronizes processes across departments, ensuring that everyone works towards shared revenue targets. CRM systems facilitate this alignment by providing tools for coordinated lead management, sales tracking, and customer support.
    • This unified approach reduces operational inefficiencies and enhances the customer journey, as teams collaborate more effectively to meet customer needs and business objectives.
  3. Enhanced Customer Experience:
    • Through CRM-driven RevOps, businesses can deliver a seamless and personalized experience across all customer touchpoints. Consistent and proactive engagement from initial contact through post-sale support improves customer satisfaction and loyalty.
  4. Optimized Sales and Marketing Strategies:
    • RevOps leverages CRM to automate and streamline sales and marketing activities. This includes managing leads, automating follow-ups, and analyzing campaign performance to optimize strategies and improve conversion rates.
    • By focusing on high-value activities and continuously refining approaches, sales and marketing teams can increase efficiency and drive more revenue.
  5. Accurate Forecasting and Planning:
    • With RevOps, businesses can use CRM analytics to predict future revenue and identify growth opportunities. Advanced analytics enable precise revenue forecasting and strategic planning, helping organizations allocate resources effectively and set realistic targets.
    • This predictive capability ensures that businesses are better prepared to respond to market changes and capitalize on opportunities for growth.
  6. Scalability and Adaptability:
    • RevOps supports scalable operations by providing a robust framework that can grow with the business. As the organization expands, RevOps ensures that processes and systems can handle increased complexity and customer volume without sacrificing efficiency.
    • This adaptability is crucial for businesses looking to enter new markets, launch new products, or adapt to evolving customer needs.

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