Do you want to streamline your business? Prior to doing that, let us understand why streamlining business operations is necessary. Today’s business world involves cutthroat competition at all times. Businesses constantly need to respond to the high expectations put forward by users. People all over the world pay more heed to faster responses & better-refined…
The global crisis concerning COVID-19 is slowly transforming the way businesses usually work. Every business is now trying to cope with the requirement for digitization. They are seriously investing in the HRMS Software automation of its business procedures & emphasizing achieving more but with less. Employees are the strong pillars of any organization. The current…
Several factors determine a business’s long-standing objectives & achieving those calls for ascertaining necessary goals. So how do we simplify the procedure of in-depth scrutiny of the present & estimated situations that might impact the business’s ability to accomplish its mission? Two words that can make or break any business game – Strategic Planning Business…
The worldwide ERP software market which will be approximately worth $42.69 billion by the end of 2020 definitely shows the impact these systems hold. Globalization is squeezing the current market for several industries which is why tools like ERP can offer businesses a competitive edge. From this, we can assess the importance of ERP. But…
Prior to starting this blog, taking a look at all these important statistics is necessary. The rapid expansion of today’s ERP market is still on the rise with a market size that is anticipated to exceed $50.5 billion by the year 2024. At a recent survey performed on ERP implementation, it was discovered that mid-size…
Tax collected at source – Introduction TCS or tax collected at source is the levy that a seller pays that he bills from a buyer during the sale. This tax reaches the Government treasury on the money receipt from that buyer. The seller must accumulate & deposit TCS according to rates mentioned therein for goods…
The quest for an efficacious GST processing system finally came to an end with the introduction of E-invoicing. It means users can generate e-invoices only after the attainment of an IRN or Invoice Reference Number. They need to upload particular particulars in the FORM GST INV-01 on the advised Invoice Registration Portals. The generation of…
Accounting Software: When companies start out newly, they often feel pleased to use basic accounting software programs such as QuickBooks or sometimes even MS Excel. It may come to you as a surprise but there are a number of companies that are doing just fine using basic accounting software programs. However, this only lasts for…