ERP Software - The Necessary Tool For All size Businesses
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ERP Software – The Necessary Tool For All size Businesses

Introduction ERP software refers to “Enterprise Resource Planning” consists of software and hardware systems connected together to manage all the core business activities like supply chain, manufacturing, services, financial and other processes in an organization. ERP systems integrate business activities to work cohesively and effectively. Industry started using computers for accounting and finance function since 1960’s using mainframe computers. By…

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How does HRMS Software help to improve the productivity and efficiency of the business
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How does HRMS Software help to improve the productivity and efficiency of the business?

Today, when there is a sudden need for a dynamic remote work environment, advanced technological ecosystems, and a workforce that constantly requires efficient strategies and processes, you have to be on your toes. Unlike before, organizations need to adopt and rely on an HRMS software or human resource management system solution to be on top of their new redefined role.…

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PC Soft - How to Compare ERP Systems and Plan the Right Choice
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PC Soft – How to Compare ERP Systems and Plan the Right Choice

Introduction ERP means Enterprise resource planning, which integrates all core organizational processes into a single system. These processes comprise finance, manufacturing, HR, supply chain, services, procurement, and others . So with ERP system, all these processes can be interlinked as per dependency and run as integrated organisation. Whilst selecting an ERP system is not an ordinary decision. When selected right,…

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7 ways a HRMS software can benefit your organization
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7 ways a HRMS software can benefit your organization

Employees are motivated to perform with dedication if they are happy and feel valued. Achieving these aren’t always easy and takes tons of effort for HR professionals. During the quest for enhanced employee performance, the HR department has got to consider numerous aspects and perform a good range of well-planned activities associated with recruitment, training, appraisal, resource planning, process design,…

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Why HRMS software is getting popular nowadays
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Why HRMS software is getting popular nowadays?

Indian SME businesses are gearing up, not just for incremental growth but the big game. It clearly shows in the increasing demand for HRMS software. Why is the increase in HRMS software so vital an index? This is because companies mostly start with automation in the area of finance and sales. Only when they are ready for the big game…

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What Are The ERP Trends To Look Out For In 2021
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What Are The ERP Trends To Look Out For In 2021?

ERP Enterprise resource planning (ERP) solutions have matured and expanded their reach to support most business functions, from back-end processes like accounting, HR, procurement and manufacturing to front-office functions such as sales force automation (SFA), marketing automation and ecommerce. Businesses rely on ERP to not only cut costs by eliminating redundant processes and automating mundane tasks but also to provide employees access…

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Sales Order Process Management in ERP
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Sales Order Process Management in ERP

A sales order is an official arrangement for the distribution of merchandise or the supply of services between a corporate group and a selling party. It requires defined prices, quantities of products, and dates of conveyance. Any sales order issued promptly sets you up as a trustworthy name on the market. As the number of purchase orders continues to increase,…

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GST India-E Invoicing Solution
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GST India : E-Invoicing Solution

Electronic invoicing is a method of billing that is electronic. Trading parties, such as consumers and their vendors, use e-invoicing methods to present and register trade records with each other and to ensure that the terms of their trading arrangements are followed. The GST e-invoice is the implementation of a digital invoice for products and services rendered by the company…

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Five Incredible Ways To Optimize Your Payroll Software No matter how large or small the business is, payroll management is challenging. There are several elements that need to be measured, such as regular incomes, allowances, expenses, wages for overtime, incentives, etc. It doesn't say, though, that you can't automate and maximize your payroll management. Here are five quick tips to optimize payroll management in your company that you can incorporate. 1. Choose the Best Pay Schedule In each organization, the salary estimation system is different, some firms use a regular salary, some use weekly, while others use monthly. Some of them also incorporate several types of pay estimation. Permanent workers are paid weekly, for instance, while outsourced employees are paid regular or hourly. You should pay all of your workers at the same rate, whatever payroll system your corporation uses. Choose your company's optimal payroll plan. Make sure you and your HR employees have ample time to determine each employee's wage, whether it's at the beginning or end of the month. 2. Improve Your HR Staff Ability Through Training You ought to ensure that your HR employees are able to handle wages in order for your payroll processes to operate optimally. In wage estimates, low-skilled and unprofessional HR workers may trigger inaccuracies, which could then hurt the company. It is also necessary for you to optimize your HR staff's capacities across different training programmes. They will also adapt to the new technology, which offers easy and modern ways of handling salaries. 3. Leave Manual Payroll Procedures Behind Manual payroll processes, in addition to being prone to delays, often require too much time and effort. Not to mention the written payslips get lost and damaged quickly. We thus propose that you begin to leave them behind and turn to an electronic payroll system. Payroll software allows the measurement and allocation of salaries, overtime wages, incentives, and more to be streamlined. HR workers can also measure taxes on all permanent and non-permanent workers using this system. Automated payroll systems for workers offer a high degree of detail and data protection, meaning you won't have to think about mistakes in your wage estimates. In only a matter of seconds, payroll records will be made and the workers can collect their payslips electronically. 4. Calculate Salary Raises based on Performance All firms commonly use pay adjustments at least once a year. Salary rises also give a headache to company owners and HR workers, since each worker gets a separate pay rise. You should first assess each employee's successes in order to encourage the wage change in your company. Try using an all-in-one HRM framework to make it easy to track job performance and measure pay increases depending on it. 5. Allocate Budgets for Employees’ Bonuses Any business undoubtedly understands that they have to assign a budget to pay workers bonuses. However, without careful scheduling, it is not unusual for the budget distribution to be carried out, causing HR workers difficulty before the payday falls. To keep you free from such a scenario, prepare your spending at least a month before the payday for employee bonuses. This would make it possible for you to manage the costs of your business as well. Employee benefits can be measured automatically with payroll applications, meaning you would not have to bother manually measuring them using a bunch of handwritten papers or spreadsheets. Conclusion- There are a lot of features for payroll software systems, but these are the ones that would most affect your company. We are a team of technologists at PC Soft who strives to create business management more effective. Contact us to get personalized Payroll software for the company and to keep up with the pace of the fast-growing world.
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Five Incredible Ways To Optimize Your Payroll Software

No matter how large or small the business is, payroll management is challenging. There are several elements that need to be measured, such as regular incomes, allowances, expenses, wages for overtime, incentives, etc. It doesn’t say, though, that you can’t automate and maximize your payroll management. Here are five quick tips to optimize payroll management in your company that you…

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