Printweek .. Finsys ERP… March 2026 ICPMA Exhibition

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Printweek .. Finsys ERP… March 2026 ICPMA Exhibition

As Finsys nears the milestone of 1000 implementations, the message to the industry is clear: do your best, keep improving, and treat every challenge as a point of evolution.”

— Prabhat Prakash, PrintWeek India | Read the full article on PrintWeek.in →



Originally published in PrintWeek India on 24 March 2026. Author: Prabhat Prakash. View original article here.

Printweek

Extracts of the Article

Forget about percentage rejections, think in PPM: Finsys ERP

Interacting with PrintWeek at the Corru Pack Print India exhibition in Mumbai, Sangeet Kumar Gupta, co-founder of Finsys, shared a visionary outlook for the packaging industry in 2026. Gupta articulated a philosophy where perceived industry speed breakers are reframed as launching pads for innovation.

24 Mar 2026 | By Prabhat Prakash

As Finsys nears the milestone of 1000 implementations, the message to the industry is clear: do your best, keep improving, and treat every challenge as a point of evolution

The landscape of the Indian packaging industry in 2026 is one of relentless momentum, where the only true speed breaker is the one existing in the mind. For Sangeet Kumar Gupta, co-founder of Finsys, these perceived obstacles are not hindrances but rather sine curves that serve as launching pads for innovation. Whether a client is navigating the complexities of corrugation, monocartons, rigid boxes, or flexible packaging, the journey remains an amazing evolution of learning and imparting knowledge.

The spiral of improvement
Finsys has moved beyond simple software provision to a philosophy of infinite learning. A core focus for the team, including Puneet Gupta co-founder, Finsys is encouraging customers to identify their own non-conformities before the market does. This is achieved through a spiral system of internal audits. By evaluating fifty distinct points within a functional area like purchasing, Finsys assigns a score based on system utilisation. This method highlights critical gaps, such as tolerance limit controls or the illogical occurrence of purchase orders being generated after a vendor invoice has already been issued. By addressing these machine-gun-style inefficiencies, the spiral system ensures that with every cycle, the organisation improves and grows.

 

Real-time intelligence and machine integration
A leap forward for Finsys in 2026 is the seamless integration between ERP systems and shop-floor machinery. This connectivity spans level one to level five, allowing the ERP to dictate the sequence and specifics of jobs directly to the machine. As the operator processes work, the data flows back to the ERP in real-time, effectively eliminating manual data entry. This digital ecosystem is bolstered by the ubiquitous use of barcodes. Finsys has identified eighteen critical touchpoints—from gate entry and quality checks to maintenance alerts and final invoicing, where barcodes have replaced traditional rubber stamps and manual logs. This transformation has reduced tasks that previously took three minutes down to three seconds, ensuring that every department operates at peak efficiency.

Precision and the shift to parts per billion
In an era where industry giants like LG, Samsung, and the automotive chains of Toyota and Maruti set the standard, Finsys is pushing its clients to move away from percentage-based rejection metrics. Instead, the focus has shifted to parts per million (PPM) and even parts per billion (PPB).

Operating at 1% rejection rate is no longer tolerable when global leaders are aiming for single-digit PPM. To achieve this level of perfection, Finsys provides a granular matrix that links material costs with processing, labour, and machine costs on a per-minute basis. This transparency allows manufacturers to understand why the cost of the same item fluctuates on different days, enabling precise corrective action and preventive action (CAPA).

 

Optimising the micro for macro success
The challenge of small orders, often viewed as a disruption to high-speed manufacturing, is addressed through intelligent batching. Finsys assists manufacturers in grouping orders by similar paper GSM, decal size, and colour requirements, thereby minimising changeover delays. While the industry remains heavily focused on paper substrates, Finsys advocates for a broader view that includes budgeting for hidden costs like ink, adhesives, and strapping. By providing MDs and plant heads with up-to-the-second dashboards and weekly KPI reviews, the system empowers leaders to move beyond simple data collection to true data analysis.

A global footprint and a vision for the future
With a journey that began in 1991, Finsys has now completed over 950 implementations across a diverse geographical range from Nepal to Nigeria and the UAE to the USA. While corrugation remains the heart of its universe, representing approximately 60% of its business, the company is rapidly expanding into flexible packaging, labels, and even plastic closures. Gupta, an All India Rank one holder in the DISA merit list, remains dedicated to the CAPA philosophy, continuously improving and readying the industry for the next global shift. As Finsys nears the milestone of 1000 implementations, the message to the industry is clear: do your best, keep improving, and treat every challenge as a point of evolution.

Originally published in PrintWeek India on 24 March 2026. Author: Prabhat Prakash. View original article here.

VB Main Exe – New Year Creation FY 2026-27 , update posting

New Financial Year Creation, Opening Balance Update in Finsys ERP, for FY 2026-27

It is a Simple process

( Takes just a few seconds )
Part 1 : How to create a new year
Part 2 : How to update Accounts Balances ( both ledger and Bill wise)
Part 3 : How to update the Item Balances
Learn the tips, yourself

 

contact us page

alternative old site www.finsys.in

 

So, now you know, “How to update opening balances in Accounts and Inventory in Finsys ERP”

 

Web Finsys-New Year Creation, Opening Balance Update in Finsys ERP- Web Finsys

New Financial Year 2026-27, Creation + Update Posting in Accounts and Inventory

.

 

Web Finsys ERP : New Year Creation, Opening Balance Update in Finsys ERP, for FY 2026-27.
Simple “just a Few seconds” process
Part 1 : How to create a new year
Part 2 : How to update Accounts Balances ( both ledger and Bill wise)
Part 3 : How to update the Item Balances

 

Learn the tips, yourself
https://youtu.be/WdCdlfI2VFs

Youtube Finsys

Annual Success Formula: Professional Guide to 2026 Financial Closing

The Strategic Formula for Annual Success: Why Your 2025-26 Year-End Closing Starts Now

As we approach the end of the financial year 2025-2026, many business owners and accountants feel the heat of the “March Madness.” However, true financial leaders know that a successful annual closure isn’t something that happens in April—it’s a process that must be mastered in March. Waiting until the year has already ended is a recipe for missed opportunities and irreversible errors.

The “Unrepairable” Risk: Why Timing is Everything – Financial Year End Closing Strategy 2026

In the world of finance and taxation, there is a hard line drawn at March 31st. Once the new financial year begins, many entries, adjustments, and tax-saving maneuvers become physically impossible to implement.

If you identify a discrepancy in April, it’s often too late to “repair” the books for the previous year. Proactive closing allows you to look at your data while the window of correction is still open, ensuring your financial statements reflect the best possible version of your business performance.

Key Financial Indicators to Audit Immediately

To achieve a “Formula for Success,” you must move beyond basic bookkeeping and analyze high-level financial ratios that banks and investors care about:

  • Current Ratio & Liquidity: Are your current assets sufficient to cover your current liabilities? Checking this now allows you to manage cash flow before the year-end snapshot is taken.

  • Debt-to-Equity Ratio: This measures your financial leverage. If your debt is too high compared to your equity, you might want to look into restructuring or capital infusion before the final audit.

  • Debt Service Coverage Ratio (DSCR): Crucial for businesses with loans, this ratio tells lenders if your operating income can cover your debt payments.

  • Advance Tax Finalization: With the March 15th deadline being the final milestone, you must ensure your tax liability is calculated accurately to avoid heavy interest penalties.

Transitioning from Chaos to a Systematic Checklist –

The biggest mistake in year-end closing is relying on “gut feeling” or memory. To ensure nothing is missed, you need a Systematic Year-End Checklist. A professional checklist acts as a roadmap, guiding you through:

  1. Reconciliation of bank statements and vendor accounts.

  2. Verification of fixed assets and depreciation.

  3. Matching GST returns with books of accounts (GSTR-2B vs. Purchase Register).

  4. Ensuring all TDS/TCS obligations are met.

Financial Year End Closing Strategy 2026

Don’t let the complexity of year-end closing overwhelm your operations. By following a structured formula, you can turn a stressful period into a strategic advantage for the upcoming year.

WATCH OUR YOUTUBE VIDEO:  https://youtube.com/shorts/3Gq2vllDn4s?si=ROzs969xdrn6dxgs

Website : https://finsys.co.in/

ERP Go-Live in Production and PPC area ?… a Finsys idea that works

Go Live Strategy… in Staggered Approach

( Webpost by Finsys ERP Team) .. English. + Tamil for Customers in Tamil Nadu.

Going live… in ERP in Production and PPC area ? … a Finsys idea that works

 

 

Here is a writeup based on this video, with English as main language and key ideas also explained in Tamil, for our Clients in Tamil Nadu and Pondicherry.


ERP Live in Production & PPC – A Practical Staggered Approach

Going Live with ERP in the Production and PPC area is one of the most critical and risky phases of ERP implementation in any manufacturing company. Instead of a sudden “big bang” start, this page explains a proven, step‑by‑step Staggered Live approach that actually works on the shop floor.

தமிழில் சுருக்கம்:
ERP‑ஐ production–ல, PPC–ல ஒரு நாளில் முழுவதும் “big bang” ஆக தொடங்கினா பிரச்சனை தான். அதற்கு பதிலா, கொஞ்சம் கொஞ்சமா, படிப்படியாக லைவ் செய்வது தான் safe மற்றும் practical approach.


Why Not Big Bang Go‑Live?

In a Big Bang Go‑Live, all activities (job cards, material issue, production feedback, barcode, costing) are expected to start perfectly from one fixed date, which rarely happens in real life. Any gap in training, hardware, or discipline directly hits production and creates frustration and “redo from start” situations again and again.

தமிழில் விளக்கம்:
“இன்றே முதல் எல்லாம் ERP–ல தான், எல்லா entry‑யும் 100% perfect ஆகும்”ன்னு நம்பி jump பண்ணிட்டீங்கனா, ஆளுங்க confused ஆகிறாங்க, mistakes ஆகுது, பின்னாடி அது எல்லாம் திருத்தணும், team‑oda confidence கெடுது. அதனால தான் “big bang” விட “staggered live” better.


Step 1 – Start With Just 10 Job Cards Per Day

Begin by creating only 10 job cards per day in ERP for your most important customers and jobs. These should be “largely perfect” job cards containing all required information such as artwork, raw materials, quality parameters, packing details, machine, timings, etc.

  • Focus on key customers where progress reporting matters.

  • Make 10 job cards every day for about 15 days.

  • Then increase gradually: 10 → 15 → 20 → eventually almost all major jobs.

தமிழில்:
முதல் நாளிலேயே எல்லா production job–களுக்கும் job card ERP‑ல போடணும்னு அவசியமில்லை. தினமும் 10 job card மட்டும் எடுத்து, முக்கியமான customer orders–க்கு சரியாக, முழு தகவலோடா create பண்ணுவது தான் first goal. 10 நாட்கள், 15 நாட்கள் இப்படிச் செய்தா team‑க்கு habit develop ஆகும்; பிறகு count‑ஐ धीरे धीरे அதிகப்படுத்தலாம்.


Step 2 – Start Material Issue in ERP (With or Without Request)

Most companies implement GRN / Inward easily, but Material Issue to Production is the real challenge. The key is: start issuing material from ERP, even if you cannot yet link every issue to a request or BOM.

  • If possible, issue against BOM for the first 10 job cards.

  • For all other issues, at least do a direct issue without request.

  • The habit of issuing from ERP is more important than perfect BOM in the beginning.

தமிழில்:
Inward entry எல்லா company–லுமே சீக்கிரம் ஆக்கிடுவாங்க; ஆனால் production‑க்கு issue செய்வது தான் கடினம். ஆரம்பத்தில் எல்லா issue–க்கும் perfect BOM / request அவசியமில்லை; “issue செய்வது” என்கிற பழக்கம் தான் முக்கியம். BOM உள்ள 10 job–களுக்கு BOM‑ஐ use பண்ணுங்க; மற்றதை direct issue‑ஆக ERP‑ல போடுங்க.


Step 3 – Enforce Barcode‑Based Issue and Return

To achieve traceability, material should be issued and received back with barcodes and scanning.

  • Issue material by scanning barcodes, so you know which batch, which drum, which reel went to which job.

  • When partial quantity comes back (half drum, partial reel, part bag), enter it back in ERP with its barcode.

  • Make opening stock and old non‑moving items also barcoded so that future verification and issue become systematic.

தமிழில்:
Barcode இல்லாம material issue பண்ணினா, “எந்த batch எங்கே போச்சு, எவ்வளவு மீந்துருக்கு”ன்னு தெரியாது.
அதனால,

  • issue செய்யும்போது scan பண்ணனும்,

  • partial balance மீண்டும் storesக்கு வந்ததும் ERP‑ல barcode உடன் entry போடனும்,

  • even opening stock‑க்கு கூட barcode எடுத்து வைத்துக்கணும்.

இப்படி செய்தால்தான் traceability, FIFO, accountability எல்லாம் practical‑ஆக நடக்கும்.


Step 4 – Regular Physical Verification Linked to ERP

Regular physical stock verification is essential to reconcile ERP stock with reality.

  • Any shortage found in physical verification (not due to theft) should be treated as material issued to production and adjusted in ERP.

  • This prevents ERP stock from inflating unrealistically (for example, real stock 10 crore, ERP showing 15–20 crore).

  • Verification should be done batch‑wise, with barcodes, to maintain correct job‑wise and FIFO‑wise reports.

தமிழில்:
Physical verification செய்யலன்னா ERP‑ல stock figure காகிதத்தில் மட்டுமே இருக்கும்; ground‑ல வேறதான் இருக்கும்.
Stock short‑ஆ இருக்குது என்றால் அது practical‑ஆ production‑ல போயிருக்கு என்று assume பண்ணி, ERP‑ல issue entry செய்து adjust பண்ணணும். அப்போதான் accounts, production, stores மூன்றும் correct data‑ல் run ஆகும்.


Step 5 – Backup Planning & Multi‑Training of Users

Before Go‑Live, every critical process owner must have 2nd and 3rd backup persons trained on the same ERP tasks.

  • No process should stop just because one user is on leave or travelling.

  • Conduct joint training sessions, rotate responsibilities, and ensure at least three people know each critical job.

தமிழில்:
ERP ஒரு மனிதருக்கே மட்டும் தெரிஞ்சா அது பெரிய risk. அந்த ஆளு leave போனா, village போனா, functionக்கு போனா, முழு system நின்று போகக் கூடாது. அதனால ஒவ்வொரு முக்கிய ERP job‑க்கும் குறைந்தது மூன்று பேருக்கு training கொடுத்து, backup‑ஆ develop பண்ணணும்.


Step 6 – Costing and Profitability Reports

One of the main reasons to implement ERP is to get correct costing and profit & loss.

  • Validate whether raw material rates are flowing correctly into costing.

  • Check whether machine hour rate, labour rate, and overhead rate are properly configured, not zero or dummy values.

  • Gradually refine these parameters so that job‑wise costing becomes reliable.

தமிழில்:
ERP இருக்கேன்னு மட்டும் போதாது; அதிலிருந்து வரும் costing reports சரியா இருக்கணும். Raw material rate சரியா போயிருச்சா, machine hour rate / labour / overhead rates எல்லாம் realistic‑ஆ இருக்கா என்று ஒவ்வொன்றா check பண்ணணும். அப்போதான் job‑wise profit, loss உண்மையா தெரியும்.


The Staggered Live Mindset

Staggered Live means taking ERP live slowly, area by area, feature by feature, instead of expecting 100% perfection from Day One.

  • First focus on creating good job cards for selected jobs.

  • Then start systematic material issue and barcode discipline.

  • Run regular physical verification and refine costing parameters week by week.

தமிழில் முடிவு:
“ஒரே நாளில் எல்லாம் perfect ஆகணும்”ன்னு stress பண்ணச் செய்றதுக்கு பதிலா,

  • இன்று 10 job card,

  • இன்று material issue habit,

  • இன்று barcode,

  • இன்று physical verification,
    இப்படி ஒரு staggered, practical approach எடுத்தா தான் ERP implementation successful, user‑friendly, long‑term sustainable ஆகும்.



 

Youtube Finsys

 

Existing customer special note

For companies that are already live on ERP in most areas, the next level of benefit comes from tightening the discipline in production, PPC and stores – slowly, consistently, one step at a time. This staggered approach helps your team stabilise data quality, improve traceability and get reliable costing, without disturbing the daily rhythm of production.

Once you start using job cards, barcode‑based material issue and regular physical verification in a focused way, the ERP begins to reflect what is actually happening on the shop floor – reel‑wise, batch‑wise and job‑wise. Over the next few weeks, you will see clearer WIP visibility, better control on shortages and surpluses, and more confidence in your job‑wise profit and loss figures.

இது எல்லாம் ஒரு நாளில் நடக்கக் கூடாது என்பதே இந்த approach‑இன முக்கிய பலம் – கொஞ்சம் கொஞ்சமா, steady‑ஆக habit build பண்ணும்போது தான் ERP use நிச்சயமாக வளர்ந்து, உங்கள் production team‑க்கும் management‑க்கும் data‑வின் மீது உண்மையான நம்பிக்கை உருவாகும்.

In Simple English : The real strength of this approach is that it does not try to change everything in one day; instead, it builds ERP habits slowly and steadily, step by step. When the team adopts these habits at a comfortable pace, ERP usage grows naturally and sustainably, and both production and management begin to genuinely trust the data coming from the system.