Name: Romio ERP System
Author: Romio Technologies

Customer Success

Help Desk

Web and Video Conferencing

Customer Support

Agile Development

Image Recognition

Interactive Application Security Testing (IAST)

Kubernetes Monitoring

Service Mesh

Development

Alumni Management

Education

AI Document Creation

Business Intelligence (BI)

Collaboration

Enterprise

Accounting

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

Employee Scheduling

HR Management

HR Service Delivery

Pay Equity

Payroll

Talent Intelligence

Talent Management

Vendor Management Systems (VMS)

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Code Review

Data Center Backup

Data Integration

Data Masking

Database Load Balancing

Edge Computing

Email Encryption

Ethernet Switches

Fraud Detection

Governance, Risk & Compliance

Integration Platform as a Service (iPaaS)

License Management

Low-Code Development

Managed Hosting

Mobile Application Performance Monitoring  (APM)

Network Performance Monitoring

Object Storage

SQL Server Performance Monitoring

Unified Endpoint Management (UEM)

Web Content Filtering

Information Technology

A/B Testing

AI Writing Assistant Software

Account-Based Marketing (ABM)

Ad Serving & Retargeting

Affiliate

All-in-One Marketing

App Store Optimization (ASO)

Content Management

Customer Journey Analytics

Digital Asset Management

Digital Content Creation

Email Marketing

Marketing Automation

Social Media Management

Survey & Forms Building

Tag Management

Usability Testing

Web Analytics

Marketing

Project Management

Professional Services

Customer Communication Management

Customer Relationship Management (CRM)

Sales Consulting

Sales

Animation

Dealer Management

PCB Design

Travel Agency

Vertical-Specific

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The Romio ERP System is a technology solution designed to manage business operations and drive growth. According to the vendor, this comprehensive system caters to small, medium, and large-sized businesses in industries such as hospitality, food and beverage, restaurants, quick-service restaurants (QSRs), nightclubs, and food courts. With a range of features and modules, Romio ERP System aims to streamline operations and improve efficiency.

## Key Features

**Billing and POS Solutions**: Romio ERP System offers POS billing machines with accessories like cash drawers, thermal printers, card readers, customer displays, and scanners. According to the vendor, these machines are designed for various hospitality setups, including restaurants, food courts, QSRs, fine dining establishments, membership clubs, and kids play zones. The billing application integrates with food aggregators, messaging services, and payment gateways.

**Digital Display Solutions**: The system provides LED digital display standees and menu boards to showcase promotional content through images and videos. According to the vendor, these displays have multiple features to enhance visual appeal and engage customers.

**ERP Software Solutions**: Romio ERP System offers a comprehensive ERP system tailored for the hospitality and food and beverage industry. It includes modules for centralizing billing, supply chain inventory, central warehousing, and base kitchen management. Integrated CRM, HRM, and accounting modules aim to ensure smooth operations and efficient management.

**Bar Stock Exchange**: This feature introduces real-time price changes based on demand and supply, creating an engaging customer experience. According to the vendor, businesses can attract customers with dynamic pricing, potentially increasing sales and revenue.

**Home Delivery/Take Away**: The home delivery module enables businesses to track the delivery of orders by customers and the operations team. Integrated with CRM, it maintains records of each home delivery and customer feedback. According to the vendor, businesses can manage home delivery billing, packaging/delivery charges, and assign delivery personnel.

**Online Ordering App Integrations**: Romio ERP System integrates with online ordering aggregators like Swiggy and Zomato, allowing businesses to receive orders directly into the POS system. According to the vendor, this integration simplifies processing and discharge of delivery orders, and generates reports for each aggregator.

**Inventory Management**: The system helps businesses manage stock entries and multiple inventories such as raw material, semi-finished, or finished product inventory. It tracks stock in and stock out entries to reflect on the menu. According to the vendor, businesses can generate variance reports based on actual consumption and ideal consumption.

**Reports**: Romio ERP System provides multiple reports for inventory, purchase, consumption, sales, billings, discounts, cashier reports, and more. According to the vendor, these reports offer real-time insights into business performance, aiding decision-making. The system also offers accounts-related reports and variance reports to manage wastage.

**Tablet Ordering**: The system works with android devices, allowing businesses to generate bills, take customer information, and access customer order history through tablets. It is compatible with POS systems, KOT printers, and KDS systems, providing a seamless ordering experience.

**Customer Feedback**: Romio ERP System digitizes the method of taking feedback from customers by linking custom orders with a feedback form to capture ratings and reviews. According to the vendor, businesses can analyze performance and identify areas for improvement. The feature is integrated with POS and CRM, enabling access to order history and customer information while managing customer feedback.

Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.

Standard

Custom

Odoo

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

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Romio ERP System

Enterprise Resource Planning (ERP) helps to integrate and manage an organization's core business processes. It is a software system acting as a central nervous system, connecting functions like finance, human resources, supply chain, and manufacturing into a single, unified platform. ERP systems provide a single source of truth, automating workflows and offering real-time data to improve efficiency and decision-making across the enterprise. Compare ERP tools based on verified user reviews and find the best fit for your business needs.

Enterprise Resource Planning (ERP)

Romio Technologies

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.

Security

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

Romio ERP System

Overview

What is Romio ERP System?