In order to maintain success in the supply chain, good inventory control is one of the important components in your business operations. I’m sure many of you have felt the ebb and flow of supplies with customer demand. Therefore, maintaining product control in the warehouse in real time ensures that the business decisions you make quickly yet strongly.

Whatever your goal, whether it is to reduce operating costs or speed up the process so that products can quickly reach the hands of consumers, proper warehouse management can be the key to your business success.

Here are 3 benefits that inventory control can provide for your business: Read more

You have a fast growing business. But as you begin to feel tortured by manual work, you start automating your business processes one by one. Soon, your finance team has used its own accounting system, your warehouse team starts using a separate warehouse management system and a sales team using CRM.

Each of these systems does have a big role in simplifying business processes, but when you put it together, these systems can be a nightmare for your business. Why? Because each of these applications store data separately, making it difficult for you to match or process data owned by each system. Initially you want to be free from troublesome calculations and now you are given a new problem.

The solution? Of course by using integrated business solution.

With an integrated business system, you can solve these problem. Let’s look at some of the benefits you can get from integrated business solution for your business growth. Read more

When manufacturers do not have complete visibility of their own warehouses, they will face the problem of running out of stock products at an improper time or otherwise have excess stock products that cause depreciation of cash flow and increased spending.

In fact, the visibility in warehouse management is very important and should always be considered for all business processes to run properly and more efficiently.

Fortunately now has come a variety of solutions that can overcome the problems in warehouse management. These solutions are available to increase productivity and reduce wasted time by simplifying management processes. Read more

For all professionals engaged in finance, it is actually very important to know how to analyze effectively the financial statements on the company. In this case, you need to know and understand the 3 key areas:

1. The structure of the financial statements
2. The economic characteristics of the industry in which the company operates, and
3. The strategies that companies use to differentiate them from competitors

For those of you who want to know how to make an effective financial analysis, here are 5 steps you can use: Read more

Every company must make a purchase. As your business grows, good documentation of those purchases will be even more important. You will need a way to track your purchase and protect your business legally if problems arise with the seller.

But even if you keep every purchase transaction, without the support of a reliable system, it can be a very inconvenient thing. This is why it is so important for you to start with a purchase order system.

What is a purchase order system?

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Depending on the type of business you run, the warehouse is at the heart of your business where business products and data flow through the day and night. Your business profits and customer satisfaction depend on how efficiently you can track the warehouse. If you fail to properly manage your warehouse, it will be very bad for your business. In fact, bad warehouse control has been the cause of business failures.

However, the warehouse management still likes to be ruled out and businesses prefer to focus on the problems and business challenges that appear on daily operations. Almost all businesses have not yet adopted the technology on their business. Most of them still use manual workmanship using paper or spreadsheets to manage the warehouse.

Although everything looks fine, but would not it be better if you could streamline those jobs? If you’d like to be able to manage your warehouse more efficiently, follow these three steps: Read more

Errors in accounting can be a very consequential thing even for the smallest accounting errors. One single accounting error can result in the entire budget and spreadsheet in chaos. In fact, business history is filled with examples of minor problems that could potentially undermine business survival.

But fortunately, it can be prevented given that accounting comes from within and is the result of mistakes made by humans.

To reduce risk and isolate yourself against accounting errors, many companies are beginning to turn to ERP software. With a high degree of accuracy and many other features, ERP software offers benefits that will greatly impact business growth.

How ERP Software Can Help You?

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To be successful in today’s business world, you need to be flexible and have skills in a good planning and organizing. Unfortunately, many business owners are starting their business without any careful planning. As you may have known, to be successful in the business is not as easy as what they imagine. There is many risk involved. But you can avoid it all by taking advantage of the time you have to plan all the steps needed to achieve your success.

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Simplifying the invoicing system is very beneficial for business owners no matter for small or high-end businesses. The simplified invoice system makes you more efficient in doing business because it allows you to have more time to work on activities that can grow the business.

But how exactly can we simplify the process of this invoice?

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