A single and affordable ERP solution to manage your entire business – from accounting and financials, purchasing, inventory, sales, and customer relationships to reporting and analytics.
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Sales Processing
The system allows businesses to record and process customer purchases, calculate totals, and generate receipts or invoices efficiently.
A typical POS system includes hardware such as cash registers, barcode scanners, receipt printers, and touchscreen monitors.
POS software is the backbone of the system, enabling businesses to manage sales, inventory, and customer data. It often has user-friendly interfaces for easy operation.
Inventory Management
Inventory management involves tracking and monitoring the quantity, location, and status of all products or materials in a business’s possession.
Modern inventory management systems provide real-time updates, allowing businesses to monitor changes in stock levels as sales and restocking occur.
Inventory management helps determine when and how much to reorder to maintain optimal stock levels, avoiding overstocking or running out of critical items.
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Transaction Records
Record Keeping: Transaction records are a systematic and organized way of documenting financial activities and events within a business.
Types of Transactions: They encompass a wide range of financial transactions, including sales, purchases, payments, receipts, loans, and more.
Financial Documentation: Transaction records provide concrete evidence of financial activities, serving as a source of financial documentation for auditing, tax reporting, and legal purposes.
Date and Time Stamp: Each transaction record is typically marked with a date and time, providing a chronological sequence of events.
Obsolete Inventory Handling
Definition of Obsolete Inventory: Obsolete inventory refers to products, materials, or assets that are no longer sellable or useful due to factors like technological changes, declining demand, product expiration, or damage.
Identification: Regularly review inventory to identify items that are no longer in demand or have become obsolete. Consider setting criteria and thresholds for obsolescence.
Categorization: Categorize obsolete inventory based on the degree of obsolescence. Some items may be partially obsolete and still have some value, while others may be entirely unsellable.
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Barcode Scanning
Efficient Data Entry: Barcode scanning simplifies and accelerates the data entry process, reducing the need for manual input of product information.
Item Identification: Barcodes provide a unique identifier for each product, ensuring accuracy in item selection and sales transactions.
Inventory Management: Barcode scanning helps maintain accurate inventory levels by updating stock quantities in real-time as items are sold or restocked.
Industry-Specific Capabilities
Take advantage of extensive industry-specific functionalities, best practices, and processes with tools designed for small and midsize businesses.
Manufacturing
Meet customer demand and develop new revenue streams by shrinking supply chain costs, speeding time to profit, shortening cycle times, and minimizing scrap and rework.
Professional services
Deliver consistent, high-value services by establishing a repeatable process for service delivery while improving resource planning, project management, and billing.
Retail
Give consumers the products, information, and personalized experiences they want. Harness real-time customer and point-of-sale insights and optimize operations end to end.
Wholesale distribution
Respond to customer and supplier demand with flexible, tightly integrated processes. Improve the entire business from planning to inventory and supply-chain management.
