“Know Your Numbers” is the fundamental percept of business/profession, knowing your numbers is more than recording the events and balancing your books each month. It is being able to use your recorded data timely while decision, for marketing and sales as well as for your financial purposes.
Industries, Companies , professionals, and Institutions should spend less time in recording events and more time in analyzing those. The successful Industries, Companies, Professionals, Institute of this decade will be the one that use digital tools to reinvent the work. Digital tools help to record the events easily quickly and make decisions timely and directly touch the clients in the positive way.
Today the meaningful way to differentiate your organization from your competition, the best way to put distance between you and the crowd is to do an outstanding job with information extracted with technology from dumb data.
Leaders should manage Knowledge to improve strategic thought. They must have perfect information about each and every thing in their organizations and their access to information should be instant. The only way to secure, maintain and harvest this information is through the aggressive use of information technology.
Technology’s role is to provide flexibility and efficiency and our goal should be to take advantage of it. Business/Professions welcomes IT because long term success in Business/Professions depends on improving productivity/efficiency.
helps you gather, and manage that information, and to act quickly, decisively, and effectively on the basis of that information.
As
Business at the speed of thought
Is the key success in this century.
Using TallyPrime one can save more than 80% of book writing time and manual errors could be reduced to zero.
Employees time, which further can be utilized for more productive work which will improve their efficiency and organization’s performance and profitability will definitely rise (The fact is that organization has hired not the individual but their time and “Time is Money”)
How?
1. Repetition of work will end.
2. With user defined security, the management has full control over the information access.
3. Data synchronization feature of this reduces the access time of head office on the branch office books to the minimum.
”Data synchronization means that any data can be replicated between two or more locations. It will enable branch office to send data to the head office over the internet or over the leased lines. Data from the branch office will be transferred to head office and changes made at head office will be replicated at branch office after every synchronization.”
4. Instant access to the branch office data will remove the bottlenecks for the decisions which could not be made just because of unavailability of reports.
5. Regular follow up can be made for outstanding payments.
6. The management can have consolidated balance sheet of any no. of companies any time and can monitor their performance.
Something more
1. With reorder level you can get timely information of any important stock which is falling short which could have affect on the production also the management can minimize the excess inventory.
2. Advance booking and advance orders can be made using the purchase and sales order feature and production planning could be done.
3. One can transfer data to MSExcell and MSWord and can make your own reports.
4. ODBC helps to use databases of tally in other softwares.
5. One can email or Whatapps the reports there by saving the cost of fax and stationery.
6. One can better control the expenses, compare your sales/expenses with different branches and for different periods.
7. By setting budgets for debtors you will get timely information of the party not have good payment performance there by you will have warning in advance not to make more sale and do the follow up for payments
8. Manufacturing concerns can get the valuation of the intermediate stocks i.e stock in process.
Immortal Infotech
Buddhanagar Pathankot PB 145001
Immortal Infotech
Bye
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