There is a tough business scenario for all business, be it local or global. Competition is everywhere. Added to this GST (Goods and Service Tax) has also brought in huge disruption in the market. The aim of GST is simple & transparent. But all business need to embrace IT (Information Technology) platform to be GST compliant. On the other hand…
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Information technology provides stability and enables growth for all establishments. As we all know, after GST, the way we do business has become simple & transparent. GST is one tax across the country, tightly integrating all Suppliers, Customers, Sub contractors, Items and services under one roof. A good IT solution will be handy for ease of business, compliance and growth.…
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A month back after my presentation for a group of entrepreneurs about India GST, one of them asked these 2 questions. As we all know Goods and Service Tax (GST) is one of the historic game changer for the Indian Industry, Commerce and Consumer. GST simple or complex? I gave my answer in 2 parts. It is like making a car and…
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Many a times you will find team members of the organisation saying that 'I don't know. No one told me'. This is the biggest performance and profit killer of enterprise of all sizes. There are many external reasons that affects the performance of an enterprise. For example: Customer cancelling the order. Customer Payment got delayed. Supplier material got delayed. Banker…
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The smartness of a person in an Enterprise is as good as the software he/she uses. If we see, almost all the accountants uses their accounting package to which they input all their data and generate timely returns and reports as per this requirements. But when it comes to the CEO, he is suppose to represent the complete organisation. That too,…
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Accounting ERPs are user friendly, but Actual ERPs are business friendly. The aim of this article is not to shoot-down accounting software. It is to highlight, that it is not good enough to help & run the business better. In many of our first contact with the CEO's of our Customers, we were first told that we are using an "Accounting…
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Casually I was searching for "ERP ROI" in google. To my utter surprise, my observations are as follows: It were all very old articles. (May be no one is talking about ROI of ERP now.) Found some ERP calculation methods. Many were written by ERP consulting firms. Found couple of ERP vendors who have provided some theoretical parameters on this topic…
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Editor’s note: Syscon Solutions was launched in Hyderabad, India in 1996. Its ERP product, Syscon Cronus, is targeted for small and medium manufacturing enterprises. In 2006 it became one of the first ERP solutions to be offered in the SaaS/cloud model. We talked with co-founder and managing director S. Vijay Venkatesh about Syscon’s startup experiences and lessons learned. This article…
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Rajinikanth delivers audience’s expectation and functionality of the software has to meet the user’s expectations. Make no mistakes! In my view, the functionality is like Rajinikanth and the rest of the star casts, Producer, Director, technical crew members, location, money and the good story are in the back drop. I am not denying the fact that they are all important,…
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It is all the most beaten words People, Process and Technology. I am going to present one simple component of it and most simple aspect of it. The People.. Having selected the right ERP system, right IT infrastructure and funds for the rest of the project, the ERP success depends on the trouble is from the smartest people and very slow…
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