Manual Accounting process and its challenges Even today, in many firms the accounting process is manual, which involves repetitive tasks like Manual data entry into a computer, Manually reconciling bank statements, Paying suppliers one by one, Producing financial reports in a spreadsheet, and chasing after documents from your client. Different studies show that as much
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Not so long ago, we used to dread the word “Inventory.” Which only meant one thing: lots and lots of counting. Reconciling inventory and effective inventory management for businesses is a cumbersome task if not implemented correctly. Lots of our customers use QuickBooks to manage their finances and thus use its Inventory management module to
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Point-of-Sale systems (POS) have become a “must-have” for any retail store trying to reach the next level in their Line-of-Business. More than twenty (20) years ago, cash registers were used to manage sales. Increasing customer choices and product varieties over the past several decades have demanded more sophisticated electronic options to allow stores to reconcile
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In Order management process, time is money. Sales reps often run out of time to note the orders manually and process them. This will cut into the bandwidth which order management representatives has to dedicate to face the customer and sell their products. In the case of wine industry, it is crucial for field sales representatives
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