Advantages of Technology for SMEs

Advantages of Technology for SMEs

Introduction

Today’s growing businesses have a huge advantage of technology that has never been available or accessible before. However, traditional and inefficient business practices, as well as a low rate of technology adoption, are impeding their growth and potential.

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Top 10 Most Liked – Post

Ask a question and vision AI will get the answer for youHave a number of transactions to be recorderd ?. Just Ctrl C and Ctrl V from your spread sheetSee and drill to all connected transactions. Reconciliations was never this simple  Keep a tab of your businesses...

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Audit Trails

Audit Trails

MCA has mandated audit trail for all accounting software Notification from the Ministry of Corporate Affairs “Provided that for the financial year commencing on or after the 1st day of April, 2021, every company which uses accounting software for maintaining its books...

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ERP for Pharmaceutical and Food- Part 2

ERP for Pharmaceutical and Food- Part 2

Recipe management There is a misconception that BOM and Formula/Recipe are interchangeable terms and BOMs can be used in the process industry. Pharmaceutical and food production cannot be based on a simple Bill of Material or a Bill of Quantity concept. The...

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Customer Driven Innovation

Customer Driven Innovation

Some of the best innovations come from listening or observing, especially how your customers use the product or service. Remote capture in Vision is one such feature driven by customer feedback. Vision - our cloud ERP for the SME industry has a feature by which users...

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ERP for Pharmaceutical and Food – Part 1

ERP for Pharmaceutical and Food – Part 1

    A standard ERP solution supports accounting, finance areas, but they are unable to meet the needs of pharmaceutical companies when it comes to manufacturing, inventory , sales and purchasing. This is mostly true as “standard” ERP applications were...

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Top Supply Chain Challenges in the Pharma Industry 2020

Top Supply Chain Challenges in the Pharma Industry 2020

The pharma industry typically sells through a distribution network of CFAs (clearing and forwarding agents). They are responsible for managing the logistics, maintaining stock, etc. They provide services to the distributors on behalf of the company.  These CFAs are...

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ROI on ERP Software

ROI on ERP Software

How would you work out the ROI on an ERP? There cannot be any absolute value based on which you will be able to ascertain the returns directly. However there are many things which lead to this. Each company may have different critical issues which are sorted by...

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Cloud ERP- What it offers

Cloud ERP- What it offers

In the current business scenario, you constantly need accurate information to make critical business decisions. Information has to be accurate and at the same time, available on your finger tips. This is achievable if you have a reliable ERP solution in place. For...

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