Softype tips for streamlining the purchasing or procurement process
Procurement and purchasing are business-critical processes. A business can significantly enhance its bottom line by optimizing these processes. While many companies use the two terms interchangeably, purchasing is actually a subset of the entire procurement process. Procurement is a process that involves several of the following activities: identifying the need for materials sourcing materials managing […]
What makes the right technology consulting service partner for your Business?
Are you thinking of hiring the services of a consulting partner for your company? Are you looking at business growth? Are you aiming to solve certain intrinsic issues but are unsure whether you should do so internally or hire a consultancy firm? Finding the right consulting partner is a daunting task. Many organizations that have […]
The Future of Retail
Retail companies are a customer-focused business. They need to constantly think of ways to not only satisfy but also enhance the customer experience. Covid-19 has impacted the retail industry immensely and it has resulted in permanent changes. The retail industry is rushing to adapt and keep pace with these changes and implement solutions quickly. According […]
Business Automation Platform– On-Cloud or On Premise?
A business automation platform is an essential system for businesses as it helps companies streamline processes and store business-critical data in one place. The advent of newer technologies resulted in the introduction of on-cloud business automation solutions. Initially, majority of the business automation solutions were on-premise. However, on-cloud solutions have gained acceptance over the past […]
7 reasons NetSuite is World’s # 1 Cloud Financial Accounting Software
Gartner recently awarded NetSuite as the Leader for Cloud Core Financial Management for midsize, large and global enterprises (2021). NetSuite has received this prestigious award for the 4th year in a row now. It is the only software in its category, that is a fit for all businesses irrespective of its size. Here are 7 […]
10 Points to Consider when Selecting a Business Automation Platform
Digital transformation is the need of the hour for businesses to thrive in today’s highly competitive market scenario. Companies are constantly working on improving their efficiency and productivity. A business automation platform helps companies achieve this. What is a business automation platform? A business automation platform is a business-wide solution, adopted by companies to streamline […]
Cloud Accounting Software VS On-Premise Accounting Software
Cloud Accounting Software is a software service that embodies all the financial processes of a business. As long as subscription fees are paid, the software updates are installed seamlessly within the subscription period. In this way, the end user is always working with the latest version. Cloud Accounting Software covers Accounts Payable, Accounts Receivable, Revenue, […]
Learning to Go-Live: Lessons From The Pandemic Trenches
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness” Charles Dickens in April 1859 in ‘A Tale of Two Cities’. It was the ‘good old days’. The project started just like any of the other regulars we were working on. […]
Financial Management System
Today’s finance departments are expected to deliver more in a shorter time period. Therefore, more robust Financial Management Systems have become an indispensable part of all companies. A Financial Management Systems software that is used by an organization to manage the flow of money, to make decisions based on accurate financial statements and reporting, to […]