An HR department of a company performs multiple functions like recruitment, payroll management, leave and attendance management, promotion, employee training and managing day-to-day affairs of the employees of the company. For a growing company, the HR department plays a significant role in retaining talent and work towards employee development. In this article, we shall take…
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…
Audit Trails The chances of fraudulent events taking place in organizations are growing increasingly. This is because many employees are exploiting inherent paucities within common software programs that let them to misappropriate funds, numbers, etc. For example, in certain simple accounting software programs, users can easily edit the numbers, change entries and apply checks to…
ERP Software: You may still be using QuickBooks or one of the other accounting software programs, meant for small businesses. It may even be working just fine for you and your businesses. It is tempting to assume that a company in such a situation does not require an ERP because it is not large enough….
Fixed Assets: When you are a small business, it is easy to keep a track of all your fixed assets. Your assets may include your furniture, computer peripherals, tools, equipment and other immovable assets which are part and parcel of your company. Costs of maintaining, repair, replacement and purchase of new fixed assets are usually…
Supply Chain Management: A number of companies have not moved away from the previous practice of using spreadsheets to manage supply chain activities. What results from this practice is a sluggish, tiresome and error-ridden process that opens up to many risks along the way. As spreadsheets rely on manual entry of data, there is always…
Compass Tech Fair We will be exhibiting at Compass Tech Fair, one of the biggest tech fairs in Eastern India in Kolkata from 13 to 16 February 2015. If you happen to be at the exhibition or around, do come and say hello to us.
Inventory One of the most important words in the field of goods and materials is that of “inventory” or “stock”. A number of organizations find it difficult to maintain, regulate and use it for the purpose of resale or repair. What an inventory actually does is, it specifies the shape and percentage of goods that…