Change Your Business Practices to Suit Your New Cloud ERP Software

Jul 17 2020 Published by under Uncategorized

Many businesses love their old software and do not want to change them.

They buy a cheap Accounting or an ERP software that meets their business requirements when they were making USD 1M. Now they want to use the same and make it run as the business has grown to US$10M. As their business need changes to meet Sales demands or CRM needs, they buy additional software and spend huge money to integrate the new technologies to their old Software. Because they are not able to see the future growth and do not purchase a FUTURE ready ERP software.

The challenge they do not understand is, they spend huge amount of money to run the old software, they keep IT personal to run and manage their hardware and server etc. This would lead to loss of business opportunity as the old solutions are not integrated together affecting customer services.

Recently as part of our cloud ERP software sales, we met a US$100 million manufacturing company in India. During our discussions with the company management, we were sure that they are interested to go for a Cloud ERP Solutions. But the challenge was “can we customize the product to suit their business practices and needs?”.

This means, management wanted to retain and follow their 30 year old practices where they manually check the data, numbers even after these are generated from their current stand alone ERP. They wanted controls and approval at every stage of documentations.

They were in dilemma, because their business had expanded and had operations in 3 large locations. But they wanted to continue with old practices as they are afraid that their “Old workforce” can’t manage the pressure. They don’t want to change the legacy of the company Founder too.

It gave us an opportunity to think what is happening here and our findings were as below.

1. Old practice: When the Founder started the business, he wanted to control every document movements and approved by him. It is OK as that time where the taxation rules were stringent, getting bank loan was difficult and Information / trade secret should be kept under wrapped. But as the business grown they added more people to do the manual document preparation and built “verification layers”, but didn’t automate the process and remove the old practices.

2. Fear of Unknown: Many senior employees worked as assistants to the Founder and gained his confidence and were promoted. The loyalty and “fear of unknown” didn’t allow them to change the old practices. They followed “Boss is always right” model.

3. Don’t fix anything unless it is broken: They didn’t make any attempt to know what is happening around the world and they didn’t trust anyone. This was the problem as they never sought after some of the best practices around the industry and made an attempt to practice and follow. They have an ISO9000 certificate, as it was essential to get the large company orders. They strongly believed that they follow a “World class practice”.

4. Resources Cost is cheap, but now it is affecting the organization as the current Workforce did not follow the level of commitment and loyalty that was exhibited by senior employees.

5. New generation is looking to change the current practice, but are overruled by their parents who are more “experienced”. So many young generations are forced to follow the old practices, as the senior workers never listen to them.

6. Data duplicity and entries were high as their current system is a combination of multiple solutions that are decentralised.

7. Founders and their family could not penalise the old workers even though they miss the deadlines or missing the compliance rules as they were loyal to business and had grown with the business.

After analysing the above, we suggested the following with justifications. Because it is essential to be empathic to customer needs and see how can we help them?

“We are happy to customize the ERP to suit your needs. But, before doing it, you should run our ERP “as it is” for 6 months. Post that we will take a decision on the next steps to follow”.

We justified this on why they should go for automation of an ERP and not to customize it to follow their old practice with below points.

1. A world class ERP solution brings some of the best practices used across the world. This could help them to improve the productivity, reduce wastage and improve inventory movements.

2. Cloud ERP brings in process automation, control and meets compliance needs as it is. No more last moment run and miss the compliance deadlines and pay a penalty.

3. It reduces the chaos and simplifies the process.

4. It brings in clarity to the process and Business Owners can see the right details at right time.

5. Competition is increasing day by day and Businesses need to be ready with right process to win the customers. Customers are the decision makers now as the information is freely available to everyone.

6. Government Rules and regulation have become stringent. Every county is co-operating with each other to find tax evaders. So it is not advisable to keep the Oral records or miss the bookkeeping.

7. Just because they are following a process for many years doesn’t mean it is correct now.

In summary, we won the deal being honest with this prospect and implemented our Cloud ERP Software as it is.

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Should Small Business Use Payroll Software

Jul 16 2020 Published by under Uncategorized

Business owners are constantly searching for new and innovative ways to decrease their costs and increase their efficiency. If you own a small business, there are many great strategies you can implement into your plans to decrease your costs and increase your productivity, but one valuable solution in particular is certainly small business payroll software. The following article will review how this software can improve your operations today.

Cost

The cost savings alone can be a very attractive benefit of using payroll software. By managing your accounts on your own rather than hiring a professional to do it for you, you can save your company thousands of dollars every single month. You can then invest the money you save into more important aspects of your company that will ultimately result in further growth and productivity in the future.

Since you will be completing the employee payment tasks on your own if you choose to use software, you will also be in a position to guarantee the accuracy of the information you record. This additional benefit can help you keep track of your operations and help you make the right decisions going into the future.

Security

Security is another important benefit of using a secure computer program. Payroll information is generally of a very sensitive nature, but it is very important for companies to keep clear, accurate, and secure employee records. By utilizing an in-house program, you can avoid exposing this important information to hackers on the Internet and you can also protect the computer that houses the information to secure it even further.

Many small business owners love to use specially designed computer programs to manage their employees and payments, because this type of software can help them keep their records organized and accurate. Owners who keep important employee and company records on paper files often have trouble finding the documents they need when they need them. Also, owners who keep important information about their operations in a single location are at risk of losing the valuable information due to fires and other hazards.

Convenience

Along with helping you keep your records organized, this type of program can also simplify all of your operations that are related to your payroll. Once you are using one of these programs, you will be able to manage employee payments in only a few short and easy steps.

You can also handle all of your tax documents using a program that offers tax filing solutions. With these programs, you can automatically calculate your taxes, create reminders to file, and you can even file your taxes online. Once you start using one of these programs, you will likely find your finances to be greatly simplified overall.

Basically, if you are looking for a great way to manage your payroll without spending a large amount of money, you should review the various small business payroll software products you can buy today. Once you have integrated payroll software into your operations, you will be able to better track your employees and your finances, but you will also be able to handle your entire operation with greater ease as well.

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How to Find the Best Time Clock Software for Your Business

Jul 16 2020 Published by under Uncategorized

Because your company is unique, you’ll want to find software that is compatible with your unique needs. The features that sell another company on a time clock software package may not be the features that are right for your company, and it may take some work to find which has the best features for the needs of your business. In addition to features, there are four important considerations in selecting a time clock software:

1. What kind of trial is offered?

2. What kind of technical support is available?

3. Is the provider reputable?

4. What are the costs of the software and support?

Let’s consider each:

1. Time Clock Software Trials

Free trials are a great way to get acquainted with new software. They give you an opportunity to explore the features and get a feel for the utility and ease of use of the software. This can be a great way to do side by side comparison of rival time clocks. Some companies only offer limited versions of the software to trial users. The most useful trials give you full access to the software, allowing you to explore everything it will allow you to do.

2. Time Clock Technical Support

Good technical support can spare you hours of frustration and lost time and ensure that you are getting the full benefits of the software you purchase. Because you don’t want to be bogged down with technical issues, you’ll want to purchase a time clock system that is backed by reliable technical support. When looking for technical support, there are several important factors to consider:

Format: What types of support are offered with the software? Common forms include email, live chat, and phone support. Having live support via chat or telephone can get you real-time solutions and ensure you get minimal frustration and maximum usefulness from your time clock software.

Hours of availability: You’ll want to know when support is available and if the hours work for you and your company. If a company’s live technical support is only available from nine to five in the Philippines, but you operate in the North America or Europe, the support might not be very compatible with your business.

Availability during trial period: Can you access technical support during the trial period? This access can help you determine whether the technical support is going to meet your needs and can allow you to make an informed decision on the software and support package that you purchase. The trial period is a great time to learn how easy it is to contact technical support, whether you get to talk to an actual person, how timely technical support is in responding to your communications, and how helpful the people are to you. These factors will all make a big difference when you run into questions or issues down the road.

3. Reputation of Time Clock Provider

The legitimacy of a company is important to consider in any kind of purchase. While the internet allows you to compare thousands of options before making a transaction, the ability to purchase remotely comes with certain risks. Among these is the difficulty of distinguishing reputable companies from pop-up companies or scammers.

One determinant of credibility is the length of time a company has been in business. If the company has been around for years, it is likely to be a legitimate company. It is also more likely to have reviews from external sources that support (or detract from) its claims, and these can help you to make an educated buying decision. A company that has sustained success over a long period of time is likely to have the skills and infrastructure to remain a viable company in the future. This means they’re more likely to be there to support you and stand behind the time clock software you purchase.

External software reviews come in various forms, ranging from customer reviews to professional reviews. Customer reviews can be found on company websites, personal blogs, and throughout social media. These can give you an indication of the satisfaction of current or past customers with the company, its products, and the customer service it provides. Professional reviews can be found on industry websites or professional review websites. These often review multiple products or services in the same category and can help you compare one company or product to another. Such reviews are a great way to compare time clock features and support plans side by side and determine which software package is best equipped to meet the needs of your business.

4. Time Clock Software and Support Costs

When it all boils down, costs can largely determine which time clock program will meet the needs of your business. You’ll need to consider how much you are willing to pay for a time clock software package. The nature, structure, and size of your business will determine the savings you can expect by purchasing an electronic time clock, and this can help you decide on a price that is right for you.

Comparing prices of similar time clocks can help you get a feel for the range of reasonable prices. You should also consider the payment method and structure. Will the purchase require monthly or yearly payments or a one-time fee? Will you be charged per number of computers or number of users? Are there additional fees?

One additional fee that’s important to consider is technical support. Support is often available on a per-incident basis, but it can be much less expensive in the long run to have a support plan that will cover all of your needs. You will want to ensure that you have access to good tech support, so you’ll want to know what it costs and what the support plan includes.

When you know what features you’re looking for and what you are willing to pay, download a free time clock software trial and find out how well the software and technical support will work for your business.

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