When is the right time for you to go for ERP solutions with GST

When is the right time for you to go for ERP solutions with GST?

ERP Solutions shrinks your business in your palm. While you are touring the world, you”™ll find your business is exploring the world. ERP System is predominantly used in the manufacturing sector. By implementing the When is the right time for you to go for ERP solutions with GST in your business, It allows you to see the live manufacturing process right from procurement of raw materials till the finished product delivery.

ERP solutions can help with task completion

To get simplified and get your tasks complete faster you must implement ERP solutions in your business. It will grow your business and soon you will invent a new business. Without your physical presence, you can still grow your business manifold.

When you notice that your monthly report is going down don’t even imagine continuing your business the same statistics for the longer and longer. If your business is facing a trouble means there is something flattening in your customer satisfaction.

Start-Up benefits from ERP solutions

When you get the first customer order or a profitable order, you can deliver it successfully by the integrated ERP solutions which will help you to track right from lead generation, quotation, sales order, job card, production management, quality check, product delivery, invoice, accounting and so on . As a startup, it is important that you put systems and processes in place in the initial stage itself. so, this will help you to run your business in an organized way saving la lot of costs.

Mobility easier with ERP solutions

Keeping your business data in discrete systems makes it difficult to tie all the data together. But ERP solutions holds every nook and corner details of your business. You can access your database from your mobile no matter where you are.

Smart Work

ERP solutions makes you to do smart work than hard work. Our simplified structure is based on the existing process prevailing in most of the factories which makes it all the more easy to implement the ERP solutions without much difficulty. So, there will be no confusion and no need to learn any new things to achieve your rapid growth so that your business will get accelerated.

Process set through ERP solutions

It makes the process difficult if we use man power to enter the details or using spreadsheets to manage day to day sales order activities. Mobile app in our ERP solutions will enable the salesperson to create sales order entry with the help of a smart phone.The details gets automatically captured and sent to inventory and the product team.You will get the immediate response from the inventory team that whether the stock is available or not.

If the stock is limited the software automatically requests for the raw materials purchase order from the vendor. There is also a quality check option available at two places. One during purchase of raw materials and the other before delivering the product. The software automatically raises the invoice if the product gets ready by the product team and billing can be done before or after delivery according to the company policy.

Simplicity

Your business will get automated while it gets advanced logical techniques by the ERP solutions. It will provide you the highest personification of business that carries furthest the works of thoughts and remains first. It is not at all a challenging system to come up with ever higher standards like other software. It will meet the expectation of your employees via simple terms. so, there”™s no need to provide any effective training from outside sources to handle the process through ERP solutions. Make your business decisions in a clever way by the accurately collected data results such as top executive, top customers displaying in the dashboard.

Time makes Money Gold

You could be losing hundreds of productive hours every month while increasing the chance of costly mistakes by using man power to enter the huge amount of data. You are in no need to worry about your time incompatible if you own an ERP system. Innovation and Entrepreneurship teetering, you can push your company”™s economy growth in the next 24 hours. Your growing economic situation and your rank in global market is a proof that the ERP solutions is constantly raising the bar.

Instant Accounting

Significance of our ERP solutions is it will make your accounting at instant. It will automatically calculate your invoice accounts, payable bills, and costs of sold goods. It makes your revenue, tax payments easier. It can also find the actual commission; Credit card charges and will do inventory management. It makes your day to day transaction accurate and provides you the accounting statement in detail

Security

Our ERP solutions will provide End to End integration and secured data access which prevents you to enter data in outside systems or protected office documents. You can synchronize your orders and labels from the E-commerce system. It will automatically transmit your tax information to government authorities and you a perfect citizen.

Poor Qualification

Everyone planned to provide the best quality products during the startup and they do the same. But as the time goes on there may be some competitors who can produce high quality material at the same price. If this situation persists long tell a good reason why not your customers just move to high quality product available at the same price at which you are providing?

You will have no idea how to move your business to attach people with your side. How will you provide high quality at low price when your business is getting low? There will be no use if you keep upgrading the volume without solving the issues.

If you continue doing the same it will results in bad such that you will dare to know how much you will be having in your inventory. Simply, don”™t make the things worse by doing nothing.

ERP solutions will provide a solution for this situation. ERP Software itself categorizes how much stock left over in your inventory? And it will calculate the accurate applicable discount to manage your business with low profit or without any loss to safeguard your business. Any how you can just simply get rid of the typical situation if you own an ERP Software and boost yourself to next level that introducing something special in your brand.

For your Kind attention, if you are already using a ERP Software means then you won’t get into this struggle as the ERP solutions alerts you if the sales order is getting continuously low and if your products are lasts long then it won’t raise the purchase order.

ERP solutions also insists Quality checking at two stages. One is while buying the raw materials and the other is during the product delivery. So you can easily maintain and retain your product quality such that these kinds of problems never arise.

Cash Flow

It is important you move quickly to minimize your business risk. You have to re-examine and prepare a new Business Plan to review and assess your current situation and plan the future. Your Accountant or Financial Planner won”™t do their best it they run on low salary. You have no other better go than the ERP solutions to make independent and hard decisions.

The first thing you have to check is the expenses tab of the ERP solutions because the expense reduction is the key to survival. ERP Software will hold the values for your Personnel, pens, paperclips, price tags, and personal perks. Examine and cut out the fat! Reduce the expenses until the company is profitable again. Reducing these Non-Trading costs may actually prove that they can be carried more into prosperous periods, making the business even more successful in the long term.

Is it sufficient just to reduce your expense and simply watching how business is going? The Answer is definitely no. You have to increase the income. Collect the debt from your customers listed under the debtors section of the ERP Software. Enter tighter limits on the amount of credit you extend to your customers. If you have exposure to large customers, seek assurances and guarantees on how they will pay their account. Enter repayment schedules and offer ”˜cash only”™ terms until your customer accounts are in order. If the decision is between being flexible and survival there is really only one choice and you know that.

Look very closely at the payroll. No one likes to let people go, but payroll is often the quickest, easiest place to find needed cash. As business increases, many times companies fatten their payrolls with more employees than they really need. These people are great to have around to make the operation easier, but if they are not adding anything to the bottom line, they are not affordable in a poor economic environment.

Implementing ERP Software during the Tough times will stand the top of the risk management strategies which will protect and grow your revenue.

Next Steps

1. Take a demo of the Inventory Management software
   1. ( Click Here For a Demo of reach accountant, you can call 9566023463 or visit Reach AccountantandChat with an Expert)
2. Take a Trial to see if it suits your working pattern
3. Buy the software

Sumathi

I’m a tax expert with over 10 years of professional experience. I’ve gained practical insights on GST and other Taxes during my tenture as a Tax expert and GST Trainer in Reach Accountant.