Name: K2B ERP
Author: K2B

Help Desk

Live Chat

Web and Video Conferencing

Customer Support

Mobile App Development

PHP Frameworks

Development

Learning Management

Online Proctoring Software

Education

Business Intelligence (BI)

Collaboration

Embedded Business Intelligence (BI)

Online Notary

Workflow

Enterprise

Accounting

Accounts Payable

Online Trading

Treasury Management

Finance and Accounting

ACA Compliance

Applicant Tracking

Corporate Learning Management

HR Compliance

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printing

API Management

Cloud Migration

Cloud Storage

Configuration Management

Consulting and Advisory Services

Container Management

Custom Software Development Services

Data Center Virtualization

Data Warehouse

Distributed Denial of Service (DDoS) Protection

Fraud Detection

Game Engine

Integration Platform as a Service (iPaaS)

IoT Device Management

LAN Switches

Managed Private Cloud

Network Performance Monitoring

Sensitive Data Discovery

Technology Scouting Software

Unified Communications Monitoring

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Landing Page

Market Intelligence

Marketing Automation

Press Release Management

Product Intelligence

Social Media Management

Social Media Publishing

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Government Contracting

Lead Generation

Point of Sale

Sales Enablement

Sales Performance Management

Sales

Cloud Infrastructure Entitlement Management

Security

Construction Workforce Management

Dental

Fleet Management

Geographic Information

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Vertical-Specific

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K2B ERP is an enterprise resource planning (ERP) system developed by K2B to assist businesses in managing and integrating their core business processes, such as finance, human resources, manufacturing, supply chain, and customer relationship management. This comprehensive solution caters to companies of all sizes across various industries, including manufacturing, retail, distribution, services, and healthcare.

## Key Features

**Adjustable**: According to the vendor, K2B ERP offers adjustable features that allow organizations to customize and adapt the system to their specific needs.

**Multiplatform**: The vendor states that K2B ERP is compatible with various operating systems and devices, making it a versatile multiplatform solution.

**Embeddable**: K2B ERP can be seamlessly embedded into existing systems, integrating with both internal and external systems, as claimed by the vendor.

**Scalable**: The vendor claims that K2B ERP is a scalable system, capable of accommodating the growth and evolving requirements of medium and large-sized organizations.

**Efficient Access to Key Information**: According to the vendor, K2B ERP provides efficient access to key information, ensuring that users can retrieve the right information at the right time.

**Automation of Administrative Processes**: The vendor states that K2B ERP automates various administrative processes, including accounting, budgeting, and financial management.

**Interoperable Platform**: K2B ERP is built on an interoperable platform, allowing seamless integration with both internal and external systems, as claimed by the vendor.

**Collaborative Organization**: According to the vendor, K2B ERP facilitates collaboration, communication, and coordination between different areas and teams within an organization, transforming it into a collaborative environment.

**Business Process Management**: The vendor claims that K2B ERP includes robust business process management capabilities, enabling organizations to streamline workflows and define business rules.

**Future-Proof and Evolving**: According to the vendor, K2B ERP is designed to adapt to technological advancements and changing business needs over time, ensuring long-term support and evolution for the organization.

Well-Designed Components: Some users have praised the K2B ERP system for its exceptionally well-designed components, showcasing a high level of attention to detail. This attention to detail is evident in the functionality and user experience, resulting in a seamless and intuitive system that allows for smooth navigation and efficient task execution.

Effective User Experience: Reviewers have highlighted that the user experience of K2B ERP is implemented effectively, indicating that it was designed with the end-user in mind. This implementation contributes to a positive overall impression of the system as it facilitates easy understanding and interaction through clear and logical presentation of information and features.

User-Friendly Nature: Many users have commended K2B ERP for its user-friendly nature, stating that even users with varying levels of technical proficiency can easily navigate and utilize the system's functionalities without much difficulty. This ease of use enhances productivity and efficiency by allowing tasks to be completed quickly and without unnecessary complications.

1. Lack of Integration: Some users have reported that certain modules in K2B ERP are not fully integrated, resulting in the need for rework and additional work for users. This lack of integration may lead to inefficiencies and hinder smooth workflows within the software.

2. Inefficient Access Control Modules: Several reviewers have mentioned that the access control modules in K2B ERP are not as efficient as desired. This could potentially impact the overall user experience and hinder effective access management within the system.

3. Need for Improvement in Access Control Modules: Users have expressed concerns about the efficiency and effectiveness of the access control modules in K2B ERP. They feel that these modules could be improved to better meet their needs and expectations, ensuring more seamless and secure access management processes.

K2B ERP has been utilized by users across various industries to streamline their business processes. Users have reported using the software for a range of use cases, including inventory management, financial reporting, human resources management, and sales tracking. The software has been praised for its ability to centralize data and automate tasks, improving efficiency and reducing manual errors. For example, users have mentioned that K2B ERP has helped them to keep track of their inventory levels in real-time, allowing them to optimize stock levels and avoid stockouts. Additionally, the software's financial reporting capabilities have proven useful for generating accurate and detailed reports, enabling businesses to make informed decisions based on up-to-date financial data. Furthermore, K2B ERP has been employed in managing tasks related to HR processes such as employee onboarding, attendance tracking, and performance evaluations. Finally, the system's sales tracking functionality allows businesses to monitor sales performance, analyze customer data, and identify patterns or trends to drive revenue growth. Overall, users appreciate the support provided by K2B ERP in streamlining their operations and enhancing visibility into key business metrics.

Worklair

SIX ERP

K2B ERP

Enterprise Resource Planning (ERP) Systems are business management software that allows an organization to use a system of integrated applications to manage the business. ERP systems integrate development, manufacturing, sales and marketing.

Enterprise Resource Planning (ERP)

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Journals and Reconciliations

Automate and synchronize ledgers and processes

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

Billing Management

Access role-based billing work area, perform discrete and recurring billing

Cash and Asset Management

Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments

Travel & Expense Management

Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement

Budgetary Control & Encumbrance Accounting

Control spending at any budget level or time interval

Period Close

Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

Plug-ins

A number of third-party plug-ins are available to expand the core functionality of the software.

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

Role-based user permissions

Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.

Single sign-on capability

The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

Multi-factor authentication

User-level audit trail

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

Award Lifecycle Management

Manage the life of program funding awards from initial funding to close-out

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

Budgeting and Forecasting

Establish project budgets and forecast future project financials

Project Costing

Standardize, track, and control costs at all project phases

Cost Capture

Capture costs including those for procurement, financials or time and labor, including from external systems

K2B ERP

Overview

What is K2B ERP?