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Optimized Expenditure Distribution among Cost-Centers and Departments: A Key to Profitability

Expenditure distribution among departments, locations, or cost centers plays a crucial role in monitoring cash flow and managing returns against expenses for industries. Typically, industries create budgets based on cost centers, locations, or departments. However, certain expenses, like stationery, marketing, and labor, might be incurred at the head office but utilized by various units or…

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Lean manufacturing enables industries to optimize their profitability

Lean manufacturing operates on the principle that waste encompasses anything that does not provide value to customers, which they are willing to pay for. The advantages of implementing lean practices include shorter lead times, lower operating expenses, and enhanced product quality. We Can Implement Lean Manufacturing using following procedure

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Embrace the Future with Cloud ERP: Redefining Business Agility and Cost Efficiency

The pace of change today is more relentless than ever before, with supply chain shortages, rising gas prices, inflation, and shifting customer needs posing challenges for businesses. To keep up, businesses require smart and automated processes that can adapt to any situation, innovative technology to support new business models, and real-time and predictive insights to…

 Business Consultancy Business Process Automation Consultancy Digitalization ERPNext SAP Solutions
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Diagnosis Business – Prevention is better than cure

In the current digital era, businesses are facing challenges in optimizing their resources to the fullest extent. This presents a prime opportunity for conducting a thorough business diagnosis. Business diagnostics propose solutions to enhance profitability, efficiency, sustainability, carbon footprint reduction, and decision-making capabilities. Business diagnosis should consider following point1)   Analysis gap b/w actual and planned financial…

 Business Consultancy Business Process Automation Consultancy ERPNext SAP Solutions
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Effective Data Analysis – Revolutionizing Supply Chain Planning

Supply chains lay the foundation for a sustainable industry, Data-driven planning is revolutionizing supply chains, making them both more competitive and sustainable. Existing data holds immense potential for crafting intelligent supply chain policies across various aspects, including procurement, supplier management, manufacturing, payment terms, and logistics etc. in following manner. Procurement: Supplier management: Manufacturing: Payment terms:…

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The data-driven marketing model – Facilitated exponential growth

The telecom provider was promoting its internet device as a valuable alternative to conventional mobiles. The primary challenge for the company’s business was not attracting adequate demand for their devices. 1) Studying Local Internet infrastructure Availability:  A comprehensive investigation into the local internet infrastructure and the identification of regions with subpar broadband performance were essential…

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Simplify Financial close – Strengthen Business Planning

Financial close is a process long associated with tedious, error-prone tasks, underpinned by intense pressure to close the books as fast as humanly possible.Efficient and dependable financial close processes help bring confidence and speed to corporate planning and decision-making – and help investors and shareholders to recognize it. Best practices for a smoother financial reporting…

 analytics Business Consultancy Business Process Automation Consultancy ERPNext SAP Solutions
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Agile, flexible, and resilient operations decide the future success of the business

The world is changing rapidly.  Agile, flexible, and resilient operations allow businesses to adapt to change quickly and effectively. B2Grow’s suggestion for developing agile, flexible, and resilient operations are following: 1)     Business policy – A well-designed business policy can help to promote agile, flexible, and resilient business operations. Management should focus on  some point during developing…

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ERP – Turn from rough estimates to a data-driven industry

Generally, industries or organization use ERP for centralization and operational consolidation. They do not have any long-term plan about ERP and sometimes they are not aware about it. They cannot utilize ERP to its full potential. Therefore, ERP does not have a proper set of data for business planning and forecasting. There are another number…

 Business Consultancy Business Process Automation Consultancy Digitalization ERPNext Industry 4.0 SAP
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Market penetration in new region for FinTech Startup

Challenge: A visionary investor aspired to launch a FinTech enterprise in a foreign territory. Lacking contacts and insights into the IT Industry, establishing a supportive FinTech ecosystem posed a formidable challenge. Solutions: Strategic Team Formation: We orchestrated the recruitment of a highly skilled and adept team to spearhead the FinTech venture, ensuring proficiency across all…

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