Busting the ERP Myth – Not for SME
Busting the ERP Myth – Not for SME The go-to solution for most larger businesses facing operational challenges is an enterprise application suite that offers integrated management of all business aspects. Similarly, SMEs require technology that grows with them, streamlines processes, and maintains agility without sacrificing efficiency. Despite its benefits, enterprise resource planning (ERP) software […]
Must have digital tools for SME
What digital tools should you have for your SME? Digital tools play a crucial role in the operations and growth of SMEs. They contribute greatly to the overall output and also influence the outreach of SMEs. Hence, identifying the correct tools for your business is an important task. Here are some must-have digital tools tailored […]
India’s Economy Set to Grow by 6.5% in 2024
India’s Economy Set to Grow by 6.5% in 2024, Reports UNCTAD In a recent report released by the United Nations Conference on Trade and Development (UNCTAD), India’s economic trajectory continues to be a beacon of growth, with projections indicating a robust expansion of 6.5% in 2024. The report, unveiled on Tuesday, highlights India’s resilience amid […]
HR Digital Transformation Through Online Payroll Solutions
How to Initiate HR Digital Transformation Through Online Payroll Solutions As small and medium enterprises (SMEs) expand, managing payroll and financial operations can pose significant challenges. Embracing digitalization is crucial for ensuring resilience and efficiency amidst growth. Across the globe, SMEs encounter common hurdles, with financial and cost management topping the list. SD Worx, a […]
How essential is digitization
How essential is digitisation for MSMEs? In today’s digital world, embracing digitisation is no longer optional for MSMEs (Micro, Small and Medium Enterprises). It’s a key driver for growth, efficiency, and staying competitive. Digitisation has been is specifically helping MSMEs improve customer management in many ways: Enhanced Communication: Digital tools like social media platforms, messaging […]
Is having an Accounting system just enough?
Is having an Accounting system just enough ? While accounting software is essential for managing financial transactions and maintaining accurate records, there are certain scenarios within a company’s operations that cannot be fully addressed by accounting software alone. Here are a few examples: Stock Accounting: Accounting software may track purchases and sales of inventory items, […]
How much should an SME spend on IT?
How much should an SME spend on IT? It is no doubt essential for SMEs to keep a close eye on their budget to maintain financial stability and prepare for unforeseen circumstances. That being said, it is also beneficial to be aware of the constant tech advances happening around the world and keep up with […]
is cloud safe
Is Cloud Safe? When we save our data on the cloud, the lack of physical control over our cloud-stored data can be a cause for concern. Our sensitive files, irreplaceable photos, and videos reside on servers seemingly out of our reach, raising anxieties about their vulnerability to cyberattacks.However, it can be safer to entrust our […]
Digital Transformation for SME
Why small businesses should not ignore Digital transformation Amidst the profound shifts witnessed globally over the past decade, particularly in the aftermath of the COVID-19 pandemic, the concept of ‘digitalization’ has become increasingly prevalent. It has fundamentally transformed the operational landscape of businesses across all sectors, revolutionizing practices from recruitment to go-to-market strategies, as well […]