Most of us will agree to the fact that choosing ERP software for any organization is a challenging process. The choice between the industry specific ERP software and the generic solutions is a very big portion of the entire decision making procedure. Conventionally the technology of ERP put forward with basic features and functionalities is…
Every part of a business can operate smoothly when project management is carried out seamlessly. Proper project management enables teams to emphasize crucial work and not on tasks that cause distraction. However, this scenario is apt for pre-COVID times. But since the pandemic in 2020, organizations and their teams are compelled to work remotely. The…
Enterprise Resource Planning (ERP) has become an integral part of businesses in recent years, given its immense benefits in not only improving the effectiveness of operations but also as a means to stay a step ahead of the competition. However, most businesses still ignore or undermine the importance of employee training, which is, in fact,…
With any successful business enterprise, growth is inevitable. However, along with the profits of the company, the workload on the administration also increases. Many a time, organizations have fallen prey to their advancement by failing to keep up with the market demand. To prevent such a situation from arising, it is essential for enterprises to…
ERP or Enterprise Resource Planning is multi-faceted resource management software that binds various fundamental activities of a business organization into a single integrated system. The primary objective of ERP software is to induce cost reduction and broaden the profit margins of an enterprise. The multi-functionality of ERP software, combined with a unified database, accelerates the…
Service tax is currently applicable under the current indirect tax regime upon the provision of taxable services. The point of taxation helps in ascertaining when the service tax is actually payable to the central government by the recipient or the supplier. As per the point of taxation mechanism, on forwarding charge, the impacts of liability…