The general efficiency of a small business directly depends on its performance in the current market. So how can you ensure that? It is vital in today’s time to select a sound ERP or enterprise resource planning software that helps a business operate in a better manner. Account management takes place professionally that again leads…
The outburst & ensuing transmission of COVID-19 all over the world have posed an effect on every industry. Both domestic & worldwide supply chains are experiencing disorders. Manufacturers even with fewer resources now need to provide good quality products that are quite a burden on them. But they are contributing a lot to society by…
The month of February 2019 feels proud to witness the emergence of more than 550,000 startups. The numbers without any doubt are higher in 2020. But 85% of the small businesses encounter failure due to the challenges associated with cash flow. The concept of startups is gaining much prominence even amidst the pandemic as it…
Do you want to streamline your business? Prior to doing that, let us understand why streamlining business operations is necessary. Today’s business world involves cutthroat competition at all times. Businesses constantly need to respond to the high expectations put forward by users. People all over the world pay more heed to faster responses & better-refined…
The worldwide ERP software market which will be approximately worth $42.69 billion by the end of 2020 definitely shows the impact these systems hold. Globalization is squeezing the current market for several industries which is why tools like ERP can offer businesses a competitive edge. From this, we can assess the importance of ERP. But…
Prior to starting this blog, taking a look at all these important statistics is necessary. The rapid expansion of today’s ERP market is still on the rise with a market size that is anticipated to exceed $50.5 billion by the year 2024. At a recent survey performed on ERP implementation, it was discovered that mid-size…
Tax collected at source – Introduction TCS or tax collected at source is the levy that a seller pays that he bills from a buyer during the sale. This tax reaches the Government treasury on the money receipt from that buyer. The seller must accumulate & deposit TCS according to rates mentioned therein for goods…
The quest for an efficacious GST processing system finally came to an end with the introduction of E-invoicing. It means users can generate e-invoices only after the attainment of an IRN or Invoice Reference Number. They need to upload particular particulars in the FORM GST INV-01 on the advised Invoice Registration Portals. The generation of…