Credit Control | Credit Policy | Credit Control Policy Credit Control which is also referred to as Credit Policy; is a business strategy adopted by companies to encourage the sale of goods or services by…
Category: Articles
Goods Received Note | Goods Receipt Note | GRN Format
What is a Purchase Indent? | Purchase Indent Format
Purchase Indent | Purchase Indent Format Purchase Indent presents a formal requisition for the purchase of items/materials needed by an organization. Creating a Purchase Indent & setting up a workflow for its approval are crucial…
Benefits of ERP | Benefits of ERP System | Benefits of ERP Software
Benefits of ERP | Benefits of ERP System | Benefits of ERP Software Implementation We observe that companies are tentative to embark on a journey for ERP Implementation. primarily, because ERP implementation involves a long-term…
e-Invoicing | e-Invoicing under GST | ERP & e-Invoicing
e-Invoicing | e-Invoice under GST | ERP & e-Invoicing e-Invoicing is a major reform towards Digital India. e-Invoicing is the digitalization of the Invoices for goods and services provided by companies. The Economic Times has…
What is Inventory Valuation | Inventory Valuation Methods
What is Inventory Valuation | Inventory Valuation Methods Inventory is the most significant asset of every manufacturing company as it directly impacts the Productivity & Profitability of the organization. Every manufacturing company maintains some amount…
Getting Ready for ERP Implementation
Getting Ready for ERP Implementation By nature, ERP implementation is a very complex process, because, it involves establishing a single system that integrates all the important processes such as planning, purchasing inventory, sales, marketing, finance,…
ERP Contract: What Points should be covered?
ERP Contract: What Points should be covered? Companies usually decide to implement ERP Software to achieve a transformation in their business, to create a digital backbone, to streamline processes, improve efficiencies, and to scale &…
Importance of ERP Project Team in ERP Implementation Success
Importance of ERP Project Team “If Everyone is Moving Forward Together, Then Success Takes Care of Itself” – Henry Ford ERP Implementation is a big task and impacts every business function of the organization. It…
ERP 2 | What is ERP 2.0 | Important Features & Benefits
ERP 2 | What is ERP 2.0 | Important Features & Benefits A good ERP is more than a good software. It connects people, processes, and resources. ERP Software or ERP 2 as we…