Iran

SNAPSHOT


Iran, also known as Persia, is a sovereign state located in Western Asia. It is the 2nd largest country in the Middle East with a population of approximately 85 Million. Iran is a country of significant geostrategic importance because of its central location in Eurasia and Western Asia. The capital of Iran is Tehran which is also its economic hub. Iran is the site of one of the oldest civilizations in the world going as far back as 3200BC. It is home to 21 UNESCO World Heritage Sites, the largest number for any country in Asia. Iran is a major regional power and is the founding member of UN, OIC, NAM, ECO and OPEC. Iran is an established parliamentary democracy along with a theocracy which is administered by Islamic jurists.


IRAN’s ECONOMY


Iran’s economy is a mix of central planning, state ownership of large enterprises, village agriculture and small scale trading and services ventures. The Services Sector is the largest contributor to Iran’s GDP followed by Industry and Agriculture. Iran’s GDP (PPP) is in excess of US$ 1.35 Trillion. Iran is the largest natural gas supplier in the world and has the 4th largest oil reserves in the world. In 2010, the parliament approved an economic reforms plan to cut the subsidies and gradually move to a free-market economy with better productivity and social justice. Iran has made rapid strides in the areas of nanotechnology, biotechnology and pharmaceuticals. It is also one of the leaders in the Middle East for manufacturing of automobiles, construction materials, electrical appliances, information technology, petrochemicals, etc.


ROLE OF ERP SOFTWARE IN IRAN’s ECONOMIC GROWTH


With the country gradually adopting a free market economy and more and more sectors being liberalised, the need of the hour is to increase the productivity of Iranian enterprises and make them globally competitive. ebizframe ERP System can seamlessly automate Iranian enterprises of any scale and ramp up their operational efficiency dramatically. ebizframe ERP Iran has been successfully implemented for Oil-Rigs Management in the Middle East as well. It can comprehensively automate an Iranian enterprise covering functions such as Supply Chain Management, Inventory Control, HR & Payroll, Finance & Accounts, After Sales Support, etc. The cross functional analytics that ebizframe ERP software deploy, enhances the efficiency of an enterprise manifold. ebizframe Finance can define Key Performance Indicators (KPIs) judiciously and can also minimize the element of human error in the selection and calculation of multiple taxes, thus easing up the confusion related to taxation policies. To know more about ebizframe, please see the demo on this website or write to us at: marketing@ebizframe.com.