One of the major goals of any organization, be it a large company or an SME, is to reduce inefficiencies in their systems and make their systems as efficient as possible. Enterprise Resource Planning (ERP) is a business management software that allows organizations to streamline and automate their processes, creating a leaner, more accurate and efficient operation. According to a recent report published by MarketsandMarkets, the global ERP market size to grow from USD 24.5 Billion in 2019 to USD 37.7 Billion in 2024. A report by Aberdeen shows that companies using these solutions increase return on Investment up to 33%.
ERISP is one of NIC Peshawar’s 3rd Cohort Startups working on customization of open source ERP software. The company is providing software solutions for office management, resource management, process automation, book keeping, and other customizations as per client’s needs. ERISP has shown an exponential growth trajectory since its incubation at NIC Peshawar, a year ago. Now they have more than 50 clients in 6 countries. They have developed these software solutions for different industries including construction, real estate, hospitals, schools and NGOs. As per Zahid Ali, founder of ERISP,
“We aim to be the biggest ERP service provider in the country and we are steadily moving towards that goal.”
NIC Peshawar helped the team of ERISP in extensive market research. When ERISP landed at NIC Peshawar, they were only focusing on providing these solutions to Non-Profit organizations. After their interaction with their coach, Murtza Zaidi, they expanded their spectrum to other sectors. ERISP got a lot of networking opportunities for research and customer acquisition during their incubation cycle at NIC Peshawar.
In less than one year, ERISP has earned more than PKR 6.8 Million in revenue, providing jobs to 14 people. Given the current growth rate of ERISP, it is not long that the startup captures the major stake among the ERP service providers in the country.