The employee handbook is a book given to the employee by the employer which contains rules, guidelines and company policy. A good employee handbook is a mark of professionalism of a company whereas a bad one can generate flak. It helps to maintain a good employer-employee relationship by clearly setting out policies and ruling out obfuscation….
ERP software collects and stores plenty of information in the servers daily. It is practically not possible to delve into the information silos manually. Approximately 85% of the data is unstructured, like social media and other online sources. The only way to look at the information is through business intelligence. With business intelligence, you don’t…
Motivation is important to keep a check on the attrition rate and enhance productivity of the organization. Monetary incentive is not the only way to motivate. Monetary incentives can be given once in a while and they are not enough to keep employees motivated all around the year. Typically, true motivation comes in from non-monetary…
The role of HR managers has become critically important as a wrong hire can prove to be expensive to the company. HR managers should work with the managers of different departments while choosing a candidate and develop a suitable assessment method. Assessment methods should match with the qualification being assessed. Leading HRMS vendors provide a…
ERP systems have evolved from traditional on-premise systems to hosted systems and to cloud ERP system consequently. This change is more relevant to small-scale businesses that focus more on saving direct cost, the convenience of use, and the functionality of the system without an investment of time. On the other hand, large scale organizations still…
Dear Customer, As you are aware the Government of India, Ministry of Finance, Department of Revenue and Tax Research Unit has revised the service tax rate to 14% from the existing 12.36%.
Many small business owners are of the view that bar code printing increases their cost of production. But they fail to recognize the corresponding benefits bar code printing confers on their overall business bringing ease of operation and customer satisfaction. There are a number of problems associated with traditional handwritten codes and item numbers on…
Ecommerce Selling your products online is a great way to boost your sales at minimum operational cost. The benefits of online selling can further be multiplied if you integrate your ecommerce website with the ERP system. It brings everything under one roof and you get rid of separate unit required for managing and analyzing data…