admin, Author at Razorse

How to know you need an ERP System

November 24, 2021November 24, 2021 admin

ERP (Enterprise Resource Planning) is a type of business management software. An ERP solution offers an integrated set of applications that manage business procedures. Together, these apps aid manage the operations and track business resources such as cash and raw materials while allowing effective supply chain management.

Why an ERP system is important:

ERP suites usually offer a complete accounting and financial management program. Itnormally contain CRM (Customer Relationship Management) tools along with data analytics & visualization/reporting abilities.

If you are meticulous& diligent about your industry, it runs pretty well even without an ERP software. Certainly, a lot of profitable fears work fine with the least Information Technology inputs. But, every corporate could run better and be more lucrative. With that in mind, here’s a guide to aid you assess your risks as well as measure the prospect of implementing a great-fit ERP:

Reasons to implement an ERP system:

You rely on manual handoffs between accounting & operations – Does your team have to use email or paper to transferthe information from operations to accounting? An ERP system incorporates accounting and operations managing software, getting you out of this manual task.
You are using spreadsheets to examine your business data – reports regarding sales growth, order statuses and so on are created on Excel. ERP has rich data analysis tool that work in real time.
You are adding excessive staff as you progress – This is anindication that your knowledge worker output is lagging. Ideally, the staff headcount in operations &accounting management should rise at a lower rate than the revenue growth. ERP facilitates greater output through automated workflows and process transposition between systems. ERP systems can also aware you about issues happening in your business.
You have got additional inventory on hand – Inventory ties up cash. If you have more stock, work in progress or finished goods inventories that you need, it is a signal that you lack the means to measure and track inventory efficiently. ERP delivers real time detail on inventory and the capability to set the quantity or dollar limits, with warnings for circumstances where the limits are surpassed.
Your cash cycle is increasing – ERP systems gives you better real time visibility into payables, orders and receivables, allowing you to get ahead of cash deficits before they are noticeable as problems.
Your client satisfaction is falling – Late deliveries, faults in orders and so forth are taking your clients away. Yet, you are not aware of it till it’s too late. An ERP system reports this problem in 2 ways. First, better order management as well as oversight of delivery & service helps you avoid client issues. You will get notified when there is a problem. Second, an integrated CRM system allows you involve more deeply with the clients and enjoy more positive and growth-oriented relationships.

If you are facing any of these indicative signs of ERP need, you might want to talk to us. We have broad experience assessing a company’s necessities for ERP and then executing the right ERP solution.

Impact of Covid-19 on the e Commerce Market in India

November 9, 2021November 11, 2021 admin

2020 was a challenging year for many. But at the same time, ecommerce developed like never before.It appears that many ecommerce companies saw their online revenue risein the worldwide lockdown in the spring of 2020.

The effect of the Covid-19 pandemic has shown the development towards the growth in sales through e-commerce sites. The lockdown rules all through the country restricted the people to get out of their houses and even for necessary goods. This gave rise to a surge in the use of many online portals for buying all types of products, ranging from basic items to branded ones. The strict rules like social distancing that were compulsory for people to follow to contain the surge of Covid 19 improved the scope of online purchases.

Various online businesses were started seeing the rise in demand for such portals. Several surveys show that more consumers have gone online to look for vital products. Some reports showed that the Indian e-commerce site is expected to reach its US counterpart to turn out to be the second-largest market for e-commerce in the world in coming years.

Products related to groceries, restaurant deliveries, pharmaceuticals, health, and hygiene products observed the largest growth in the Covid-19 crisis through online marketplaces. Customers avoided going out until they don’t have any alternative to purchase the product online.

There was a lack of efficiencyin the lockdown which resulted in people losing their jobs; businesses were shut, people experienced pay-cuts and amid all that there was just one platform that flourished, and that was e-commerce. A lot of people shifted their businesses online to get their sales back on track and they were successful also in doing so.

To avoid contact with people and to follow the social distancing rules, there was a rise in e-payments. People chose for cashless transactions to evade the spread of coronavirus. Some of the key elements that drive the development of e-commerce markets comprise steady growth of internet users and increasedalertness related to online shopping, growing online launching of products, and low prices on bulk buying.

The lower prices of goods because of direct distribution channels further contributed to the development of the international e-commerce market. Staying at home and social distancing pushed the customers for online shopping.

Now businesses have become more likely to use e-commerce services. Some businesses have taken the opportunity to acquire new skills to increase their online presence. Businesses have now moved forward with digital distribution plans. To guarantee a well-organized e-commerce experience for the customers, policymakers need to know their customers. They must foster the enabling environment for online transactions in areas that comprise digital goods and services.

In spite of all the bad things happening because of the outbreak of the coronavirus, economically 2020 was not bad for a lot of ecommerce companies as they only need an online delivery app for their business to complete the received orders.

App Store Optimization: Top Key Metrics to Monitor

October 21, 2021October 21, 2021 admin

App Store Optimization (ASO) is the process of improving the app visibility in the app stores and growing app conversion rates. The main app stores are App Store for iOS and Google Play for Android. Besides ranking high in the app store search results, ASO also emphases on click-through rate (CTR). This signifies to persuade people to click into the app store listing once they find it. You can do so by optimizing your App Name, App Icon,App Title, App rating and App Screenshots.

As soon as people click through your app store listing page, you mustensure they also download it or make a procurement. This part of ASO is known as Conversion Rate Optimization (CRO).

Why App Store Optimization is significant for app growth

More than 5 million apps are accessible to download from the Apple Store and the Google Play Store. It’s very much expected that your app is facing a lot of tough competition.The main goal of App Store Optimization is to increase downloads as well as the number of loyal users. The first step of maximizing downloads is to make your app easily found by the right users. To understand how to enhance your organic growth, you first have to recognize how people are searching for and discovering apps.

Keyword Rankings & Impressions

A key metrics that would impact your app and its visibility are the keyword rankings in additionto their movement. Declared keywords define the searches that your app can possibly appear in, while their movement shows how your ranking for each keyword changes during time. You can use ASO software to track the keyword movement and understand how it relates to your other metrics and the alterations you make.

With a change to keywords deployed, you need to know if more users are seeing your app. Watching the impressions metric allows you track the number of people who are able to see your app.

What impacts impressions

Because of the significance of keywords for impressions, you need to optimize your metadata. By doing so, you can aim hundreds or even thousands of keywords. The more keywords you productively target, the more possibility it is that a user will be able to discover your app when they locate the store. This can help grow your overall impressions from the search.

Impressions can also change because of traffic from other channels, like featured lists and paid user acquisition. While Apple states that a lot of users discover apps through search in the store, it is always imperative to separate traffic by specific sources to get a better understanding of the whole performance.If you want to make sure that your app and its optimization are performing well, you must monitor the metrics. This can aid you classify where you are succeeding and find areas to progress upon further.

By knowing precisely what was changed and keep observing on keyword ranking, impressions, conversions, crashes, reviews and uninstalls, you can continue to increase visibility, download, and user experience. Updates to your App Store Optimization based upon these key metrics can keep driving sustained long-term growth.

Risks and Solutions while using QR Codes

October 4, 2021October 4, 2021 admin

QR codes are extremely common today, enough that the attackers are discovering ways to use them for profit.Quick Response (QR) codes are two-dimensional barcodes used to permitthe users to access data or web-based resources (URLs).

While the technology might have originally been unnoticed by the West, QR codes become more commonly used in 2020 because of the Covid-19 outbreak.Businesses, governments and other administrations turned to the technology as a way to track social movements.Governments in US, Europe, and Asia also used QR codes as part of the coronavirus track-and-trace systems.

QR Code Security Issues

1– First, hackers can inject your phone with malware. This direct approach needs nothing more than an unsuspicious employee or consumer to scan a QR code out of interest leading to an infected site. Just by visiting an infected site can activate a malicious download. One instance of how they can deliver this attack method is by sending the QR code in an email that seems to be genuine and hence attracting the user to scan it.
2– Second, the attacker leads you to a phishing website to steal your credentials or to achieve access to your private info on your mobile device. Phishing sites can be difficult to detect. They use a related-looking Universal Resource Locator (URL) to a confidential site. Another approach is by changing the domain extension. For instance, they change the “.org” to “.com.” Other times, there is a small change in the spelling of an URL that so hard to differentiate that it tricks the user. When the user visits the phishing website, username/login credentials are demanded. After the attacker has your log in, they can access your accounts, see private information, make changes and cause irreversible loss to your company name.
3– Third, cybercriminals can print-out free encoding tools on the internet to make the QR codes. They print the QR code on adhesive paper and place it over a valid QR code, or they can mail a malicious QR code to an unsuspecting customer.
4– Fourth, there’s always the danger that an attacker finds a bug in a code reader application that could end in the exploitation of cameras or sensors in phones or other devices.

Solutions toavoid QR Code scams:

Users have numerous ways to reduce the risk of QR code scams and security issues.

1– If anyone seems to send a QR code, connect with the supposed sender and enquire if they sent it.
2– Watch for URL-shortened links appearing after scanning the QR code, which could hide malicious URLs.
3– Organizations: Position a mobile defense solution that blocks the phishing attempts, exploits, phone takeover and unlawful downloads.
4– Embrace multifactor verification in place of password access to the applications and cloud resources.

It is very important nowadays to cover all your bases when it is about mobile data security. Defending against pervasive and rising malicious QR codes must be on top of that list.

Know more about QR code based applications with us.

Dashboard design principles & best practices

September 20, 2021September 20, 2021 admin

Dashboards are a powerful and a unique way to present data-based intelligence with data visualization techniques. The significance of a good dashboard design should not be understated, poorly designed dashboards possibly will fail to convey valuable information and insights and also make the data less understandable than it initially was.

A dashboard helps administrators and business leaders to track significant KPIs or metrics and take verdicts based on it. The dashboard design is significant. A dashboard is generally an outline and often a one-pager. It can contain tables or charts or views that are backed by data. The purpose of a dashboard is to offer a well-organized solution for forming and presenting data in a clear and a direct manner. It is a public-facing page where the users can access and evaluate their data. Dashboard design principles-

1-Your dashboard must deliver the significant information in about 5 seconds. Your dashboard must be able to answer your frequently asked business queries at a glance. If you are scanning the information for minutes, this might specify a problem with your dashboard’s visual design. Display the most important and considerable information at the top, followed by the momentous details that assist you to understand the overview; and at the bottom you have background and general information that will cover much more detail and let the viewer or reader to dive deeper.

2– Each dashboard must contain no more than 5-9 visualizations. You can avoid visual chaos by using hierarchies and filters or just by breaking your dashboard in two or more separate dashboards. Selecting the right visualization is the key to ensure your end-users know what they are looking at. When designing a dashboard, you also need to keep in mind who will be the end-user of dashboard in the first place.

3– Another valuable dashboard layout principle is to start with a big picture. The key trend should be noticeable at a glance. After revealing first overview, you can continue with more comprehensive charts. Group the charts by theme with the similar metrics positioned next to each other. This analytics dashboard practice will allow you to display your data in the most meaningful way as well as clear to the end-user.

Great dashboards are clear, intuitive and customizable-

1-They communicate the information quickly.
2-They display information efficiently and clearly.
3-They show trends as well as changes in data over time.
4-They can be easily customizable.
5-The most important widgets and data components are effectually presented in a limited space.
6-All crucial information is instantly accessible.
7-Data is ordered and prioritized.
8-Information is clearly displayed in a visual order on one screen.
9-The design offers a clear overview that comprises sparse and clear initial data with other opportunities to drill down for more.
10-Elements (chart, form, and table) are displayed in a minimalized view with the skill to bring up more facts in a modal window.
11-The design improves usability with filters letting the users to modify how data is shown as well as filters the content using categories, labels, and KPIs.

If you need further guide on these points please visit our page Custom Content Management System page or call us at 7011221090

Why is custom ERP development the fastest way to push your business forward!

September 9, 2021November 23, 2021 admin

ERP, Enterprise Resource Planning is a software system which gives great benefit to businesses for making all operations under one roof with integrated and centralized systems. It is an integrated system where all your operations like purchase, sales, accounting, customer service and manufacturing are in a single database with a great user interface.

Why custom ERP development:

Cost effective: ERP implementation is not economical but while using it in organizations give results to save money. An ERP unifies various systems which are presently fragmented in your organization, i.e. different system for product development, IT support management and supply chain management etc. This integrated system will help the businesses to make cost effective and better business processes and will save money by excluding training of different systems. All the departments undergo only one system training which will save cost and time associated with it.

Improved collaboration – The functionality and features of an ERP system can differ depending on the system that you are using, however all these systems provide to edit and share data as well as improve safety and access. There is no necessity to merge information across different sources or systems because all the data is stored, shared, gathered and accessed through a single system without the fear of how exact, complete or protected data files are.

Better reports in less time – An ERP development system can make it easy and quick for your team to create different reports which comprises income and expenditure of the company and customized reports based on trends and metrics. An ERP system has the skill to access all the data rapidly which will aid your team to make reports quickly thus helping them to make conclusions very fast. You would not have to rely on the IT staff to prepare the report as you can easily get it from system itself.

Improved productivity – Without an ERP development, you or your team have to complete the tasks manually. At times there will be redundancies in the procedure and waste of time in doing the repetitive tasks. An ERP will help to save time resulting in a positive impact on your company’s productivity, efficiency and profitability.

Happier customers – These days customer service is a significant part of any business as on the digital edge people use the internet to gather information about every product that they want to purchase. The right ERP system can help you to better communicate with your customers at various stages of development.

Simplified regulatory agreement and risk management – ERP systems have inbuilt auditing tools to support with some documents or reports which can be submitted to significant administration. Besides this, ERP systems generally provide the tools to manage risk. The ERP system will increase consistency and accuracy of monetary management as there is less error in accounting entries. Moreover forecasting tools are available which aid organizations to decide demand, labor and budget.

Improved inventory and production managing – If your association is dealing with production development or inventory controlling then you can get advantage from ERP systems. An ERP can be used to increase production planning, shipping and delivery schedule and help to make it easy and simple to improve your efforts instead of guessing about volumes, processes & more.

Some benefits of using an ERP System:It reduces paper documents in business.

Accuracy in gathering of information and management.

Customer support with quick response.

Better monitoring on business and fast resolutions on queries.

Increased payment processing and invoicing control.

ERP system will help to incorporate all other departments and manage it with single database.

1. It reduces paper documents in business.
2. Accuracy in gathering of information and management.
3. Customer support with quick response.
4. Better monitoring on business and fast resolutions on queries.
5. Increased payment processing and invoicing control.
6. ERP system will help to incorporate all other departments and manage it with single database.
7. ERP system with business intelligence tools will give better reporting for business.

Author: admin

How to know you need an ERP System

Impact of Covid-19 on the e Commerce Market in India

App Store Optimization: Top Key Metrics to Monitor

Risks and Solutions while using QR Codes

Dashboard design principles & best practices

Great dashboards are clear, intuitive and customizable-

Why is custom ERP development the fastest way to push your business forward!

Services

Technologies

Industries

RAZORSE Software Pvt. Ltd.