Comparative analysis of GST Valuation Principles

GST- Goods and Service Tax is a unified tax system that has brought the entire nation together by making everyone follow, a single tax paying procedure. The Pre-GST era had 16 indirect taxes of State and Central Government, this included: excise, value added tax, service tax, purchase tax, entry tax, local body tax etc. These taxes were levied on both goods and services sold in the country. Every tax that was being imposed had their-own complicated taxation structure and the rate of tax wo...

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Committing ERP is room for growth

Every organization aims to reach at a paramount height of success and the one asset which makes the business reach that benchmark is: ERP- Enterprise Resource Planning. With services, finance, sales and marketing, human resources, manufacturing, supply chain and procurement sprawled all around; managing all these processes at once becomes a very challenging job. Now, to manage all these tasks seamlessly, a demand for business management software arises. ERP is that software which focuses to ...

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ERP Solution can Save Your Time and Efforts

ERP solutions are the next ‘big thing’ if you talk about the corporate and businesses. An accomplished ERP software can put your business on a positive growth track within months. This is because the solutions such as Tyre ERP are designed for automation and eliminating the need for multiple individuals for a typical job. This results in significantly reduced time and efforts on specific tasks. Here is a list of points that explain how an ERP software can save time and efforts in your busine...

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After GST, Effect on Your Business’ Productivity

Experts say that implementation of GST will certainly incentivize the logistics sector in the country as this is supposed to be the infrastructure building factor that will promote technology adaptation in businesses. Experts also suggest that it will increase the productivity of businesses with efficiency levels. However, this scenario cannot entirely be made true only through GST. Factors that promote the implementation of technology are equally responsible for improving the productivity of...

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Key to Accelerate India’s Economy

ERP solutions are a part of SaaS that has changed the way business operations were performed in developing countries such as India. The current growth in the ERP market shows how businesses are adopting and implementing ERP solutions every single day. Businesses that deploy ERP systems enjoy a number of benefits such as overall cost reduction, increased per person productivity, quick response times and better customer satisfaction among others. The above explained scenario clearly explains ho...

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SaaS Making Invisible Admin a Reality

An administrator is the person who looks after a number of tasks spread in various parts of an organisation. The person is responsible for upkeep and maintenance of records and so many other things. However, with the advent of SaaS (Software as a Service), the need for a human administrator is diminishing day by day. Modern ERP solutions are highly capable of recording, managing and maintaining the data that these are rapidly eliminating the need for a human administrator. Earlier, companies ...

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Payment Method Change after GST

With the implementation of GST (Goods and Services Tax), the Indian economy is going through a big change. All the registered businesses are required to calculate their tax liability and pay their taxes. The tax regime works in two ways, manually and electronically. The manual mode of tax calculation requires the use of books and old-school methods of tax calculation. On the other hand, electronic tax calculation requires either a competent and flexible ERP software or three applications, viz...

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Three Ways You can Engage Employees in a Digitized Workplace

Business owners always think about increasing their employee productivity and business profitability. However, to succeed in a marketplace, first you have to succeed at your workplace. Employee engagement is the key to your improved profitability, customer satisfaction and cost-effectiveness. You have to ensure that you employees are ready to go an extra mile for the growth of the company. However, you need to provide the right training, tools and resources to your employees in order to creat...

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Go for Intelligent Business Application like Rujul ERP

Business owners and their core decision-making teams often have to make critical decisions. And streamlining the business process and making those processes less cumbersome is one of them. Implementing an ERP software can offer great benefits to your business. It takes some time and effort to get used to the ERP but it is definitely worth it. Here are a few reasons that explain why going for an intelligent business application like Tyre ERP is good for your tyre business.

  • Money Saving...

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Key Takeaways about ERP systems in the Automotive Industry

Tyre ERP systems have revolutionised the way business is carried out these days. It has allowed companies to save both time and money to grow exponentially in this fast-paced world. It has also enabled smaller players to cut costs and compete with the big wigs of the industry. It has proved to be a milestone in the automotive industry. Through the Tyre ERP software, a business can cut costs and get all the work done within a limited period of time. With ERP systems in place, automotive compan...

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