No project moves to production without Finance approval. Real-time EBITDA, automated GST compliance, and iron-clad credit control protect every rupee of revenue.
In a cement plant, every production run consumes crores of rupees in raw materials, energy, and labor. The Finance & Credit Control module sits at the center of Titan ERP as the ultimate authority: no order becomes a production project without Finance clearance, and no dispatch happens without a valid tax document.
Real-time EBITDA per project means your CFO does not wait for month-end closing to understand profitability. The system captures costs at each stage — raw material, power, packaging, freight — and computes margin on the fly. GST e-invoice and e-way bill generation are fully automated through IRP integration.
Month-end closing means you discover unprofitable batches 30 days too late. Manual GST filing creates compliance risk. Credit decisions are taken over phone calls, not system controls. Finance reports are spreadsheets, not live dashboards.
Every financial event — from advance receipt to final dispatch — is captured in real time. The system computes margin, updates AR/AP, generates tax documents, and alerts the CFO on exceptions — automatically, every time.
Each workflow is automated, auditable, and integrated with every other department in the plant.
Every project created by the Sales module requires Finance sign-off before entering the production queue. Finance reviews the dealer's outstanding balance, advance payment status, and project margin before approving. One click approves or rejects — with a mandatory reason for any rejection. The plant never runs a financially unsanctioned order.
As costs are captured — raw material issue from stores, power units consumed per shift, packaging material used, freight charged — the system updates each project's P&L in real time. The CFO can open any active project and see current margin. No waiting for cost accountants to close the month. Unprofitable batches are flagged immediately for corrective action.
Tax Invoice creation triggers immediate IRP (Invoice Registration Portal) API call. IRN and QR code are generated and embedded in the invoice PDF. For supplies exceeding ₹50,000, the e-way bill is automatically generated using the transporter GSTIN and vehicle number. Zero manual intervention, zero compliance risk. GSTR-1 data auto-reconciled monthly.
Accounts Receivable aging is tracked day-by-day per dealer. Automated follow-up reminders are sent at 7, 15, and 30 days overdue. The collection team sees a prioritized calling list generated by the system each morning. On the payables side, vendor invoice matching, TDS deduction, and payment scheduling are fully automated. Bank reconciliation is statement-import driven, not manual.
Built for cement industry accounting — from clinker cost to dealer AR.
Finance is not a downstream recipient of data — it is an upstream controller of every operational flow.
Credit gate blocks unapproved orders. Advance receipts sync to dealer ledger instantly. Discount schemes validated against margin floor.
Sales ModuleEnergy costs, raw material consumption, and packing material usage captured from MES into project cost in real time.
Production ModulePO approval workflow with budget check. GRN-linked vendor invoice matching. Automated TDS deduction on contractor payments.
Procurement ModuleInventory valuation (weighted average / FIFO) maintained in Finance. Slow-moving stock provisions auto-suggested quarterly.
All Modules