Why KPI ERP Is Better Way to Manage Business
Wouldn’t it be great if your business can manage all of crucial data in one place and automate business processes? All you need is KPI ERP solution. Let’s review what KPI ERP is and how it can take your business to the next level. How KPI ERP Will Help Your Business KPI ERP is a …
Payroll Mistakes that Can Ruin Your Business
Like oxygen is to life, a seamless payroll process is to a company. Administered right, payroll keeps employees content and safeguards your company from legal ramifications. Conversely, consequences of payroll errors could negatively impact your entire business. The silver lining? With the right information, planning, and tools, all the most common payroll mistakes are preventable. …
How ERP Helps to Run Your E-commerce Business?
Why is it crucial to integrate your ERP system with your e-commerce platform? Due to the recent pandemic, the world has changed drastically. Businesses are not an exception to the fundamentally altered dynamics. The new normal is working remotely and making purchases online. As a result, an increasing number of organizations have switched to the …
5 Reasons Why Your Business Needs Accounting System
As a small business owner, you’re likely conscious of the capital needed for daily operations, such as payroll, operating costs like rent and electricity, and staying on top of vendor invoicing. However, some businesses don’t have a clear understanding of the revenue generated from their goods or services. This oversight can result in cash flow …
How CRM Bridging the Gap between Sales and Customer Service
It’s a sad truth that, even in today’s business culture, sales and customer service teams are sometimes portrayed as separate, and, worse, incompatible, organizations. The fact is that these teams must learn to interact closely with one another now more than ever, not just to nurture new customer connections, but also to retain current ones. …
How ERP Enhances Your Supply Chain Management
The success of a manufacturing company mostly depends on how successfully the business manages its Supply Chain Management process. They need their partners and suppliers to provide them with the proper type and amount of resources at the right time since they are working on a tight deadline to finish the order. The flow of …
How To Use Project Management System for Small Teams
Nowadays, not every company and not every team has a formalized project management process. You may work in a large organization or in a rapidly growing startup, but in both cases, such a process may not be a priority. However, these days it’s getting harder and harder for you to stay organized and stay on …
How Cloud HRMS Is Changing The Enterprise
Human Resources has evolved over the last decade, and they are no longer restricted to the back office, dealing with heaps of paperwork. The current situation has transformed the HR ecosystem into a technologically advanced department that uses cloud-based HR management solutions to recruit and manage new workers, execute onboarding and offboarding processes. Let’s have …
Why Cross-Selling and Upselling Are Important?
Usually when businesses want to boost their revenue, they often enable marketing to attract and find new prospects. However, business owners should take into account potential markets while broadening their businesses: current customers. As Marketo states that 90% of customer value of B2B businesses usually is acquired after the initial sale. We’ll look at cross-selling …
ERP vs CRM: Which Works Better for Your Business
If you have not yet started your digital transformation, you will most likely find that your company is lagging behind its rivals in terms of sales and efficiency. When it comes to automating fundamental business activities, businesses typically resort to two primary software platforms: ERP and CRM. At first glance it might seem difficult for …
HRMS Buyer’s Guide: Six Step Checklist
Choosing the right HRMS for your business is more important than ever. This step-by-step guide to HRM software will assist you in determining your requirements and identifying the features that are most important to you. What is HRMS? Today’s HR work is more sophisticated than it has ever been. There’s a lot that goes into …
Why Accounting Software Is Vital For Small Businesses
As an owner of a small-medium enterprise, you’ll often find yourself in charge of everything in general and nothing specifically. The accounting systems help business owners to stay organized. The system simplifies data entry, organizes important information, generates reports, and allows accountants more access to vital financial information about many aspects of the business. Here …
Which ERP is Right for Your Business: Cloud vs On-Premise?
When considering a new ERP system for your business, you need to decide whether to use cloud-based ERP or on-premises ERP. There are some significant aspects that need to be clearly identified before deciding on an option. You should consider components such as security, storage, compliance, infrastructure, customization, and integration. Each system has its pros …
Tips to Stay on Top of Your Business’s Accounts Receivable
For small business owners, accounts receivable is the lifeblood of your business’s cash flow. Accounts receivable indicates how much cash you’re awaiting from unpaid invoices. It is a vital indicator of your business’s financial health. Payment assurance is critical, regardless of your business type. Here are the most significant pointers to help your company remain …
5 Simple Ways to Provide Seamless Customer Experience
Seamless customer experience requires time and team effort. For the next five years, customer experience will be a major concern for businesses, and the reason is simple: organizations that focus on customer experience minimize attrition and boost sales, resulting in better profits! A CRM may help you do this by providing you with a comprehensive …