CIO Bulletin

Plumsoft: An innovative technology and approach for enterprises

Cloud computing has been a mainstay of the IT world for several years now. Many organizations are only beginning to explore how it can be incorporated into their broader technology strategy. Given the pace of recent innovations, the impact of cloud computing on business will only continue to grow. Cloud computing presents many opportunities for companies willing to think beyond the traditional model of on-premises IT infrastructure. The industry is changing rapidly, empowering companies in a wide range of industries to undertake unprecedented digital transformations that allow them to break into new markets and serve their existing customers better.

Plumsoft is one such firm that started with a simple philosophy that technology should enable efficiency, not stand in the way. Plumware Cloud Development platform is the result of that philosophy. The firm has combined more than 30 years of developing business applications across different technology platforms by some of the best minds to develop innovative cloud technology that is simple, robust, and flexible. The new technology has eliminated the need for customers to make significant upfront investments for software, hardware, middleware, and database and not to mention the elongated implementations and complex, costly upgrades.

PlumERP

A fresh alternative to the traditional legacy ERP systems, the cloud-based PlumERP solution delivered as a SaaS application is a revolutionary solution for all your business needs. Traditional legacy ERP and Enterprise Applications were not built for today's dynamic business environment. They rely on a static and aging data model that was developed more than ten years ago. They are rigid, inflexible, and built with yesterday's technology. Customers are forced to make significant upfront investments for software, hardware, middleware, database, and professional services, and then suffer through elongated implementations and complex, costly upgrades.

PlumERP eliminates all the hassles and headaches involved in traditional legacy ERP systems by enabling on-demand business solutions delivered as SaaS solutions in the cloud. PlumERP gives you the most comprehensive and integrated suite of business applications available today, with a single solution that unites all significant areas of your business sales, finance, services, procurement, human resources, and operations. With PlumERP, you'll gain greater insight into your entire business. Reports, dashboards, and other analytical tools can provide you with a new perspective on managing your business with real-time information.

Robust solutions offered by Plumsoft

Financial Management Module

PlumERP financials software accelerates your financial close, provides strong expense management, offers streamlined and auditable revenue management, and ensures complete real-time visibility into the entire business's financial performance. It deals with all critical functions, including general ledger, accounts payable and accounts receivable, comprehensive budgeting, asset accounting, cash management capabilities, and other dedicated tools. PlumERP financial management seamlessly integrates with all other modules order management, purchasing, inventory, and CRM functions to streamline critical business processes, such as quote-to-cash. Everyone works from a single source of finance, sales, and customer data.

Procurement Management Module

PlumERP's Procurement Management modules help you gain complete visibility into the entire procure-to-pay process, streamline procure-to-pay processes, and ensure compliance with corporate policies while enabling you to gain a clear perspective on spending throughout the organization. The firm helps you achieve a quick return on your investment (ROI) whether you choose to deploy on-premise, on-demand, or via the cloud.

Plum Analytics

Plum Analytics delivers operational, tactical, and strategic intelligence in real-time from a single record system negating the need for a sophisticated, expensive data warehouse. Plum Analytics is included in all PlumSoft software-as-a-service (SaaS) offering at no charge, delivering robust business analysis that is easy enough for any executive, line-level manager, or individual user to leverage.

The valiant leader behind the success of Plumsoft

Jay Sappidi is the Founder and also serves as the Chief Executive Officer of Plumsoft. Mr. Jay has over 18 years of experience in the high-tech industry with a diverse and broad-based background ranging from entrepreneurship, senior management, business development, and strategic planning to technology development. In his entrepreneurial journey, he founded Wissen Inc., based out of New Jersey, which provides IT consulting services with a focus on digital content management. He grew the company's revenues to the US $5 million in three years and established it as a strong player in the competitive content management market. Jay was also one of the founders of BarterIndia.com India's fist bartering portal. Mr. Jay also held an executive-level position at CAST as Vice President of their Research Labs. He headed their product marketing, product strategy, corporate messaging, and customer relations. Jay worked at Deloitte as a Management Consultant in their Strategy & Operations group, where he helped companies with their corporate, marketing, and operations strategies.

He earned his undergraduate degree in Chemical Engineering from Birla Institute of Technology and Science (BITS), Pilani, and holds an MBA from MIT Sloan School of Management.