The Michelin Guide awards its coveted stars to restaurants offering exceptional cuisine. Michelin stars have become a benchmark of fine dining, sought after by top chefs and wealthy patrons alike. Restaurants can be awarded Michelin stars for achieving a particularly high standard. Eateries can be awarded one, two or three stars for their cooking excellence — and among chefs worldwide this is a highly coveted honor. Restaurants that receive Michelin stars are considered to be the best in their city. Receiving a star is an honor, and these restaurants gain prestige — along with increased business — after being awarded one. For this reason, Michelin has become the world’s leading name in catering. Would you like your business to have the same kind of worldwide recognition as Michelin?

International expansion offers several benefits, including increased revenue potential and a broader customer base. It can also be an opportunity to diversify your operations — and companies that grow internationally tend to have greater long-term success rates than those that don’t. However, you should assess your strengths and weaknesses to determine if you are ready.

When companies attempt to enter foreign markets, they have to consider a number of factors that include timing, cultural differences and language barriers, legal and compliance risks — all while managing logistics and finance. The decision to expand your business into foreign markets is a big one. If you don’t do it right, you could waste valuable resources and even risk your company’s reputation.

ERP (Enterprise Resource Planning) systems can help companies to achieve these goals. Companies use ERP to integrate all of their business functions within a centralized system. ERP can be used to streamline and track the supply chain across a wide range of industries. ERP is also used in the healthcare, nonprofit, construction and hospitality industries. Businesses that need to manage their staff, customers and inventory can all benefit from ERP.

ERP integrates many of the systems that may currently be operating independently in your organization. Staff members can access the tools they need to complete their jobs through one central database.

By unifying your systems, you can help your staff be more productive. With ERP, all the information that users need is in one place. With the central database, the company is able to locate information more quickly. If your company uses an ERP system, employees won’t have to be trained on a variety of software programs. This can reduce the cost of training as well as logistical effort. Instead of engaging in multiple training sessions with different vendors, you can communicate your requirements to one vendor who will be able to train and provide the services for all departments.

About Multiable:

Multiable is a leading developer of ERP systems, and they have gained expertise in this field. It has been in business for more than 30 years and serves 6,000 companies across Asia through Multiable ERP system. Multiable has earned a reputation as one of the best companies for implementing ERP systems.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process.