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	<title>ERP Archives - NRI News</title>
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		<title>Prism Johnson Limited Implements Ramco ERP in Its Business Division</title>
		<link>https://nrinews24x7.com/prism-johnson-limited-implements-ramco-erp-in-its-business-division/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 19:07:11 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cement]]></category>
		<category><![CDATA[ERP]]></category>
		<category><![CDATA[Ramco]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=176090</guid>

					<description><![CDATA[<p>CHENNAI: Prism Johnson Limited, one of India’s leading integrated building materials companies, has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson’s digital transformation journey, leveraging Ramco Systems&#8217; advanced enterprise solutions and process control systems to streamline business processes, and manufacturing operations and drive [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/prism-johnson-limited-implements-ramco-erp-in-its-business-division/">Prism Johnson Limited Implements Ramco ERP in Its Business Division</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><strong>CHENNAI: </strong>Prism Johnson Limited, one of India’s leading integrated building materials companies, has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson’s digital transformation journey, leveraging Ramco Systems&#8217; advanced enterprise solutions and process control systems to streamline business processes, and manufacturing operations and drive efficiency.</p>



<p>The implementation includes cutting-edge modules for <strong>Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality</strong>, and <strong>HR Management (HRM)</strong>. These solutions enable Prism Johnson to integrate its business and workforce operations seamlessly, enhancing productivity and operational agility.</p>



<p>Industry-specific tools such as Ramco’s&nbsp;<strong>Contract Labour Management System</strong>, GIS-enabled applications, and an&nbsp;<strong>Interactive Business Intelligence System&nbsp;</strong>equip Prism Johnson with a 360-degree operational view, ensuring agility and on-the-go enterprise transactions.</p>



<p>Additionally, Ramco’s <strong>Process Suite Advanced Process Control Expert Optimizers </strong>for mills and kilns<span style="box-sizing: border-box; margin: 0px; padding: 0px;"> and its <strong>Real-Time Integrator </strong>module</span> enable seamless IT-OT integration, elevating operational efficiency to industry standards.</p>



<p><strong>Mr. Raakesh Jain, Executive Director and CEO, of the Cement Division, Prism Johnson Limited</strong>, stated, “<em>The completion of Project <strong>Nayi Disha Digital Transformation </strong>for our Cement Division is a pivotal achievement in our journey. Ramco’s comprehensive ERP and HRM suites, along with its industry expertise, have been instrumental in enabling this transformation, positioning us to unlock greater efficiency, workforce productivity, and agility</em>.”</p>



<p><strong>Balaji R, Head of Ramco Core ERP Software, Ramco Systems</strong>, commented, “<em>The go-live of Ramco ERP at Prism Johnson reflects our commitment to delivering value-driven solutions tailored to the cement industry. Our integrated platform provides unparalleled data visibility and workforce management capabilities, empowering Prism Johnson to maintain its leadership in building materials</em>.”</p>
<p>The post <a href="https://nrinews24x7.com/prism-johnson-limited-implements-ramco-erp-in-its-business-division/">Prism Johnson Limited Implements Ramco ERP in Its Business Division</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>EtonGPT™: Eton Solutions&#8217; Innovative Generative AI Platform Tailored for Family Offices</title>
		<link>https://nrinews24x7.com/etongpt-eton-solutions-innovative-generative-ai-platform-tailored-for-family-offices/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 04 Sep 2024 04:11:02 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[ERP]]></category>
		<category><![CDATA[EtonGPT]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[Generative AI]]></category>
		<category><![CDATA[Office]]></category>
		<category><![CDATA[Platform]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=174561</guid>

					<description><![CDATA[<p>BENGALURU: Eton Solutions, a leader in comprehensive wealth management ERP systems for family offices has announced the launch of EtonGPT™ the world&#8217;s first GenAI module for family offices globally. EtonGPT™ integrates the powerful transactional capabilities of Eton Solution&#8217;s ERP platform, with sophisticated conversational AI functionalities. Eton Solutions will enable the majority of the 750 families [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/etongpt-eton-solutions-innovative-generative-ai-platform-tailored-for-family-offices/">EtonGPT™: Eton Solutions&#8217; Innovative Generative AI Platform Tailored for Family Offices</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<ul class="wp-block-list">
<li><strong><em>EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /></em></strong><em> is embedded within the AtlasFive® ERP platform</em></li>



<li><em>The platform will enable wealth managers to achieve a<strong> 2 to 4X</strong> increase in operational efficiency</em></li>
</ul>



<p><strong>BENGALURU:</strong> Eton Solutions, a leader in comprehensive wealth management ERP systems for family offices has announced the launch of EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> the world&#8217;s first GenAI module for family offices globally. EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> integrates the powerful transactional capabilities of Eton Solution&#8217;s ERP platform, with sophisticated conversational AI functionalities.</p>



<p>Eton Solutions will enable the majority of the 750 families on AtlasFive® to benefit from EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />. It will be available exclusively to AtlasFive® users to enhance the productivity of their family offices.</p>



<p>EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> will improve family office operations by seamlessly integrating data stored in documents with transaction data on AtlasFive®, thereby helping streamline processes and leading to a boost in productivity. Several of Eton Solutions&#8217; clients, including Shade Tree Advisors (US), Todd Family Office (New Zealand), and Aglaia Family Office (Singapore) have been using this new AI-enabled platform. It will allow them to access information and conduct in-depth analyses of their investment and asset portfolios.  EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> doubles up as both an internal search and data extraction tool within the secure centralized database of the cloud-native AtlasFive® ERP platform.</p>



<p>Backed by pending patents, this hybrid AI platform marries the best features of various AI technologies. It incorporates machine learning, expert systems-based business rule engines, and large language models to deliver unparalleled accuracy and insights. It leverages AI-driven data extraction, summarization, generation, inferencing, and transformation to help family offices operate more efficiently and securely.</p>



<p><strong>Satyen Patel, Eton Solutions’ executive chairman</strong> said,<strong> </strong>“<em>Our AtlasFive® solution was the first to offer a centralized data platform that had integrated structured data processing across accounting, investment, and tax functions.  With the launch of EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />, the world&#8217;s first family office LLM, we are embracing cutting-edge technology and reshaping the future of family office management across the globe. AI is increasingly being deployed across businesses. While family offices have largely remained rooted in manual processes, with the integration of AI, they will undergo an unparalleled change, making them resilient and future-ready</em>.</p>



<p><em>With EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />, AtlasFive® can now parse and integrate data buried in more than 250 document types such as trust plans, estate plans, and partnership agreements. This combination of structured and unstructured data processing offers wealth managers the ability to gain a 2 to 4X increase in operational efficiency</em>.</p>



<p><em>EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> will offer a foundational shift platform enabling family offices to elevate their legacy, strengthen corporate governance, and provide high value to the HNWIs and UHNWIs they serve</em>.&#8221;</p>



<p><strong>Timothy C. Macherone, Chief Operating Officer of Shade Tree Advisors LLC</strong>, said, &#8220;<em>I do not doubt that EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> can be a potential game-changer.  In deploying the AI-based technology, which involved leveraging EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> to automate our document organization and retention processes, we reduced human involvement by 50% and met our accuracy goals. Similarly, we see countless opportunities to unlock efficiencies in our legacy processes through the use of EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> in many verticals, including calculating and posting mark-to-markets on private investments, logging invoice information, and summarizing estate planning documents</em>.&#8221;</p>



<p><strong>Andrew Hull, Chief Executive of Todd Family Office</strong>, said, &#8220;<em>AI is reshaping how we do everything at the Todd Family Office, and our partnership with Eton Solutions has been beneficial. We have faced challenges in fixing AI hallucinations and are worried about the potential misuse of these tech marvels. We&#8217;re working with Eton Solutions to pioneer a Responsible AI framework that harnesses the full power of AI with transparency, ethics, and trust at its core.  Together, we&#8217;re setting the standard for the future of AI for family offices</em>.&#8221;</p>



<p><strong>Stephen Hunt, Chief Executive Officer of Aglaia Family Office Pte. Ltd.</strong>, said, &#8220;<em>Aglaia Family Office is proud to be pioneering the setup of automated and AI-powered consolidated portfolio reporting and analytics solutions in Asia. Our commitment goes beyond just automation—we&#8217;re focused on the responsible use of AI, ensuring that its integration into our operations enhances not only efficiency but also strengthens timeliness and accuracy. EtonGPT&#8217;s early success reassures us that, with Eton Solutions, we&#8217;re on the right path</em>.”</p>



<p>As AI’s power is increasingly integrated into modern organizations, Eton Solutions recognizes cybersecurity challenges from traditional threats such as phishing, malware, and data breaches are expanding to include AI-based risks such as deepfakes, misuse, and algorithmic bias. To lessen or mitigate these risks, Eton Solutions is working with its Customer Advisory Board to introduce frameworks that encompass ethics, safety, transparency, trust, and security.</p>



<p>EtonGPT<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> is designed to ensure a robust, secure, and ethical environment for family office operations.</p>
<p>The post <a href="https://nrinews24x7.com/etongpt-eton-solutions-innovative-generative-ai-platform-tailored-for-family-offices/">EtonGPT™: Eton Solutions&#8217; Innovative Generative AI Platform Tailored for Family Offices</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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