Archive for the ‘Business’ Category

How to generate E-Mail Campaign using ERP Gold?

Thursday, November 17th, 2016

 

email-campaign

Internet knows No Borders. Email can reach anywhere in the world to anyone.

Marketing through email is a common practice now a day to promote business. Email marketing is a cost-effective way to target a large amount of audience.

A big business software is incorporated with email marketing application.  It provides enhanced tracking and reporting services.

We have included this fabulous feature to our ERP.Gold. I will let you know in this article how easily and quickly you can create email campaigns in few steps for the promotion of your business. (more…)

Cash Flow Management

Thursday, November 17th, 2016

cash-flow

Cash Flow Management is one of the most important components of the success of any business. Profits are meaningless without cash. If you don’t compare the amount of cash flowing in with the amount flowing out the business may face a serious bankruptcy.

An enterprise that does not practice cash management may have to borrow money to keep itself in function.  Cash problem is the biggest cause of failure of any business. It’s like fuel that keeps the engine of the vehicle running.

The following article will help you to have a sound knowledge of cash flow stategies & basics and its impact on profits and tips to improve your cash flow. (more…)

Inventory Control Software Solution

Thursday, November 17th, 2016

Inventory Control Software Solution

The new smart and advanced inventory control software plan and forecast optimal inventory requirements.  These tools are both analytical and statistical. These tools also cover problem solving, decision making and budget planning features to daily replenishment.  

Limitations of Standard Inventory Control Software & System

Standard inventory systems are more like simple accounting systems. They just keep track of the in and out of the items on the shelf.

They are purely statistical and cannot determine the exact demand of the stock for the particular project intelligently. They are dumb systems and do not provide a leading edge of exceptional management capabilities. (more…)

How to Choose ERP?

Thursday, November 17th, 2016

erp

Do you know how to choose ERP for your business growth? ERP is the heart of an enterprise without it, your team is flying blind. ERP software solution for your business operations can be a great benefit for your organization.

Its proper implementation takes time, efforts and money resources. But once implemented wisely it is going to take your business high, beyond your expectations.

ERP incorporates a centralized database of the company for all information of different departments it requires. (more…)

Significance of Financial Statements for an Organization

Wednesday, November 16th, 2016

financial-reporting

Financial Statements

A financial statements is a financial summary report of business  transactions during the specific period. It reveals the business financial health. It prepares at the end of the accounting period.  The purpose of the financial statement is periodically review of the business and determined the result the company achieved.

Major Financial Statements

Most of the business companies develop four major financial statement documents including income statement, balance sheet, cash flow statement and statement of owner equity.  To understand the relationship in between financial statements can help you to know the business financial position and can support in making decisions. (more…)