Small Medium & Large Enterprises - Blogs

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You can build a beautiful product in the world with 100’s of features. Until unless you sell them nothing happens. You have to monetize soon to survive and attract more customers. Focus for any startup is to begin with SALES in mind and nothing else. As the business starts growing, we face many challenges like […]

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How SMEs can take advantage of input Tax credit which they couldn’t take earlier? Let’s start with an example. Suppose RAVI paid Rs 100,000 to purchase an item and he paid Rs 10,000 as a tax (Purchase tax 10%). Now he has to include the same in his cost of the product because he does not […]

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As part of sales activities, we meet many prospects who are terrified by Bad ERP implementation. Not a good implementation partner, who is happy to collect the money, but forgets to implement. Bad customization. Running their Accounting software as ERP with customizations. Other business owners, Accountants and Consultants have given them bad advice to go […]

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In 4X400 Meters relay race, one of the important parameter to the success of team is depending on how smooth the baton is handed over from one person to the next person. Dropping of baton can miss them the GOLD Medal from the competition. Years of work and efforts will be wasted only by this […]

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Worldwide, SMEs are the basic businesses that help and contribute towards GDP and Employment. This could range from 40% to 80%. At India, SME contributes around 40% of GDP, which is great one. Ironically, many SMEs start and close soon before it becomes large. The challenges could be funding, competition and not understanding the ecosystem. […]

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What is Value Added Tax or VAT? Value Added Tax (VAT) is a Sales Tax collected by the Government of the state where the goods or services is bought by the consumer. It is a tax on the final consumption of goods or services which is borne by the end user or the consumer. VAT […]

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Disclaimer: May be we are the first ERP software company in the world (who have an ERP solution with complete Accounting, GL and other features), who openly says, “We co-exist with our competitor”. When we started AcTouch.com, a cloud ERP solution, our Sales and Marketing plans were full of strategies on how to counter and […]

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Bookkeeping is important task keeping records, involving and retrieving of financial transactions, and it is the essential part of accounting in all the businesses operations, whether is small medium or large business enterprises, bookkeeping is such an important activity which decides your business strength, without proper bookkeeping, it’s impossible to run your business and you […]

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Recently we met a prospect, who is into manufacturing of OEM items.  He was looking for an ERP solution on could that helps him to streamline his process. This is a 40+ yrs old company and at one stage enjoyed a profit margin of 25%. A discussion with company’s Director explained the challenges that he […]

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