RACE has played an active role in designing and developing its very own ERP Software Solution called 5M. This product has been developed specifically to meet the inherent needs of the small and medium sized Enterprises.

5M, i.e. Man, Money, Machine, Material and Marketing is an enterprise wide on-line solution that integrates various functional areas such as Production, Order Processing, Financial Accounting Human Resource Management and Fixed Assets Management.

5M is a fully integrated, user friendly Enterprise Resource Planning (ERP)software system to cater to the needs and requirements of the Small and Medium Enterprises (SMEs). The software has been designed and developed by a team of experts,functional and programmers. This software has been evolved over a period of time. Over 1000 manmonths of hard work and close interaction with the client has resulted in 5M. The entire application has been designed by the users for the users and not by programmers for users.

The ERP market has blossomed over the last five years and many consulting firms have rushed to offer implementation services for reputed, high end and high cost ERP solutions. The SME segment has been the neglected sector and very few consultants have come out and announced their ERP solution for this segment. 5M has been devoted mainly towards this segment. In spite of having the desire to implement an ERP solution, the impression that has been created in the mind of a SME entrepreneur is "ERP Solutions have a High Cost Factor associated with it". Keeping this ideology in mind and to prove this ideology false, 5M was born, developed by the specialists in the SME sector.