The kind of ERP software adopted by an organization greatly influences the financial and operational technicalities of the system, which further translate into varying profit and loss margins. In order to maintain a system in proper working condition and to ease the overall workflow of the enterprise, an ERP solution is generally adopted and executed…
Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) are two of the most vital tools that are available to businesses today. ERP systems could be called the "back-end", since they are responsible for all the data that is used in an organization. In the same way, CRM systems could be viewed as the "front-end",…
Enterprise Resource Planning (ERP) is one of the most important tools an organization could employ. In essence, ERP systems are about collecting all the information about the customers and the processes that occur in an enterprise. It is an exhaustive system that includes all the data your organization generates and would eventually use it for…
Since independence, GST is one of the biggest tax reforms to hit India – in a very positive way. The Goods and Services Tax Bill, popularly known as GST was unanimously passed on August 3, 2016, by way of the Constitutional Bill in the Rajya Sabha, to come into force with effect from April 1,…
Enterprise resource planning or ERP is a business process management software that enables an organization to use a system of integrated applications for business management through automated functions. These functions include assisting back-office functions of technology, services, and human resources. These are 6 ways to optimize organization performance using ERP. Various organizations across sectors have…
Whether facing a midyear gloom or the winter doldrums everyone needs a morale boosting to stay motivated and remain engaged. An annual office picnic gives employees a temporary relief from their daily work and they feel refreshed to join their work with renewed vigour.
A sales order is an official agreement between a business association and a sold-to party concerning the delivery of products or provision of services. It includes defined costs, item amounts, and conveyance dates. Every timely delivered sales order establishes you as a trustworthy name in the market. When the number of sales orders starts soaring,…
There are a number of reasons why small and medium-sized businesses trying to avoid investing in ERP. One of the biggest reasons is that they feel they are still not ready to invest in ERP. The arguments could be many. People probably told SMB owners that ERP is only meant for large companies with multi-million…