Vestrics Solutions: Bestowing SMEs with Successful Juxtaposition of Affordable yet Exemplary Customer-centric Solutions

Date:   Wednesday , December 02, 2015

In the entire business community, SMEs hold over 80 percent of business. Amongst them, India hasworld\'s second largest number of SMEs; excluding the millions of technology-deprived SMEs operating unregistered. Despite being an imperative agent driving the country\'s economy, many SMEs are grappling devoid of adequate capital, effective marketing strategy and modern tools & technologies.

Holding a successful track record of implementing projects for SMEs during their tenures in various companies, VenkataSiva Reddy Polu, Narayan Reddy, Mujahed Sultan and Sravan Kumar Pothu (Directors of Vestrics Solutions), deduced that all these companies are busily chasing larger prospects, instead of giving full attention to SMEs due to its very nature of small scale operations and money. When their research reaffirmed that the voluminous SME segment would offer a good potential for growth, the four people established Vestrics Solutions, a remarkable ERP, mobile & web solutions provider, in 2012 with a dedicated focus and strategy to bring domain-specific solutions to SMEs with a cost-effective and \'customer is our boss\' approach.

Designed for SMEs, Vestrics\' diverse offerings encompass single solution for multi-requirements, cost-effective solutions and complete solution from a single vendor. It also grants more data access through multi-device. Along with regular SAP ERP implementations, Vestricshas built a few industry-specific solutions.

The Cutting-edge Growth

Operating with minimal cost, the four had to invest ample time in chiselling fresh talents leveraging their expertise; nevertheless, it helped Vestrics to provide affordable full scale ERP or technologies within the reach of SMEs without compromising quality and technology. Deliveringcent-percent successfulimplementations with user-friendly customizations not only established Vestrics as a leader in providing integrated solution for Indian SMEs, but also facilitated it to establish its presence worldwide. The company has also been growing at a splendid 250 percent rate annually, owing to its customers who unfailingly refer its services to their business relations.

Transparent Implementations

Vestrics\' Directors, each with over 100 projects implementation expertise in various domains,act not merelyas implementation consultants but also as Business Consultants, which permits themto implement best process across verticals and empower customers to exploit technology to its fullest. \"Studying customer\'s business even before we get into contract, we suggest the areas customers can improve and show the path for business growth (sharing market places, networking them with different SME groups and so on),\"explains Venkata Siva Reddy Polu, CEO & Director, Vestrics Solutions.

The management team always interact with customers, monitor day-to-day tasks of Vestricsians and provide regular updates to customers, which in turn helps it to preserve a healthier relationship with customers. Its delivery capabilities, which is driven by the simple philosophy of \'marrying customer & employee centric approach\', has always been its winning model against competitors.

Unique Work Milieu

The company has achieved an impressivefive percent attrition rate by clearly communicating its strategy, elucidating Vestricsians about upcoming opportunities within Vestrics, nurturing their career by setting short & long-term goals and proactively managing opportunities for high-potential employees. Besides providing continuous training to improve the professional knowledge of its 60+ people with versatile experience, the company also encouragesthem to take ownership and strive for personal excellence.

Aside from providing laptops to help them work from anywhere, anytime, the company with great atmosphere also organizes annual family outing and regular get together. Not only the Directors maintain professional relations by meeting with Vestricsians to discuss their plans, they also establishpersonal relations,which helpstheir families to support Vestrics when situation demands.

Driven Towards Latest Technologies

Alongside the plentiful requests arising independently on mobile & cloud services, Vestrics\' dedicated customer engagement team educates customers on the tremendous value it can add by providing cutting-edge platforms. Building more solutions on top of cutting-edge SAP technologies like HANA,the company that is currently expanding its operations to U.S., Middle East & Africa also wishes to establish Vestrics as a prominent brand in providing technology-efficient solutions to all SME\'s by 2017. Foreseeing a potential of crossing Rs.100 crores in next five years, it also envisionshaving 1000 happy customers by 2019.

Panel

Key Management

VenkataSiva Reddy Polu, CEO


Inspired by his father who taught him customer & employee centric approach, this compulsive entrepreneur believes in changing himself and making difference in people\'s lives.


Offerings:SAP Business One implementations, Training & Consulting Services, SAP Business One integrated E-Commerce Solutions, OCULAR - Optical Retail Solution, ENSPIRE - Complete HRMS and Multi-country payroll solution, Equipment Manufacturing & Process Manufacturing Solution and Fleet Management Solution

Offices:Hyderabad (headquarter), Secunderabad (development center), Bangalore, Delhi, Chennai and New York

Clients:V-TAC, Balaxi, Water Health, Parveeen Travels, Conquer, iWorld, Jayalakshmi Fertilizers, Bonton, Laxmi, Turakhia, AR Life Science, AquaChemie, Shone Opticals and Dr. Monga among others.

Achievements:
- National Championship Award 2014 by SAP India
- Best Partner Performance Award 2014 by SAP India
- 10+ SAP Business One customer on HANA, 75+ Happy SAP Business One Customers and 1300+ SAP Business One Users Enabled


Case Study

When Parveen Travels sought SAP Business One to obtain an integrated solution suitable for all companies under AB enterprises group, Vestrics built them a customized template that helps capture the type of vehicle, region and calculate fuel utilized. While the workshop management system aided to track maintenance & servicing of trucks including spares, the enterprise search functionality enabled users to find transactional data in seconds.

\"Proven to be stable, reliable, easy-to-use, SAP Business One has been able to address all our key requirements. Vestrics\' support has provided users with confidence of knowing that any queries they have can be addressed,\" remarks M.Mohamed Safi, CFO, Parveen Travels.