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As a company starts earning big bucks, they hire more and more people in various departments such as sales, operations, customer care etc. However, most companies conveniently ignore their accounting department. The accounting is the lifeline of every company and it impacts all the departments. More often than not founders find themselves in a tough spot because of disregarding the accounting department.
Many companies chose Cloud ERP to overcome recession rather than living in a delusional world where terms like recession cease to exist. Let us bring you back to reality, according to BBC, recession in India is right around the corner. Maybe it�s true, maybe it�s not (It is hard to trust news outlets these days) but it doesn�t hurt to be prepared for the doomsday rather than scratching your head for a solution when it happens.The Indian government is taking various measures to revive the slowing economy. It has announced the biggest ever income tax reduction for corporates in India and more reforms are on the way.
At Eleventh hour, we realise that it is impossible to close the audit and file the ITR. The finance, audit and tax teams start praying that the CBDT extends the deadline. The tension is more when you have a substantial amount of losses to carry forward. After few sleepless nights and countless rumours, the CBDT decides to extend the due date. We start celebrating and file the ITR in the next few days and completely forget about it. Year after year the same thing repeats and we start blaming the accounting and finance department and auditors for their failures.
Let�s be honest; every business almost entirely depends on their employees for success and prosperity, which makes them an inevitably crucial part of the business cycle. In retrospect what this would mean is an employee that is content with his job can be able to contribute to the success better due to a sense of commitment they�d feel. A satisfied employee is much more productive than an unsatisfied one; which is why it is vital for a business to make sure their employees.
With most businesses that are product-based comes the responsibility of manufacturing. This also comes with challenges as it turns the manufacturing industry scenario into a ruthlessly competitive one. To keep up with challenges the manufacturers need to adapt quickly. In their search for advents that can help them stay ahead of the competition and keep expenses at a minimum most of them turn to ERP, specifically cloud ERP software.
TYASuite is the world's #1 Inventory Management Software, offering a unified gateway to streamline all back-office processes, such as CRM, accounting, and eCommerce. It provides you everything to tackle inventory and operations. We will implement TYASuite Inventory Management Software to get 100% accuracy in inventory monitoring and make your business more productive.
The TYASuite Vendor Management module is the world's #1 cloud ERP system, giving a unified platform to streamline all back-office processes, such as CRM, accounting, and eCommerce. With built-in business insight, reporting, and real-time visibility over your association
The Compliance Management Software (CMS) is complete governance, risk, and compliance management software to guarantee industriousness and productivity in following the bunch resolutions, guidelines, and compliance prerequisites vital for a business to survive in the cutting-edge world.
The TYASuite Project Management Software helps you flawlessly plan, oversee, and execute tasks and projects from one unified and integrated system. TYASuite Project Management Software is the most effortless way for the team to do project management and monitor work. It includes project planning, visual task management
The TYASuite Procurement to Pay tool is a user-friendly, effective cloud-based software perfect for small, medium, and large businesses with up to 100 staff. The product comes stacked with functionalities simultaneously simple to utilize. The application is created by experts with years of involvement with accounting and software businesses.
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