Your guide to financial audit

By | July 25, 2023

You must have hired an accountant to do financial audits for your business. But do you know you can yourself handle audits? If you don’t want to take the task in your hand, then at least you can help automate regular tasks for your accountant. Your chosen accounting software will do this miracle for you. In… Read More »

ERP System Examples – 2023 – Penieltech

By | July 25, 2023

ERP (Enterprise Resource Planning) software is used by businesses to manage and integrate their core business processes, such as financials, inventory, manufacturing, supply chain management, and human resources. Here are some popular ERP System Examples: Microsoft Dynamics 365 Microsoft Dynamics 365 is a cloud-based ERP software solution developed by Microsoft. It is designed to help… Read More »

What is the new Cheque bounce law in UAE

By | July 25, 2023

A bank cheque is one of the country’s most regular forms of payment. This is one of the main reasons why cheques bounce in the UAE. A bounced cheque, often known as a dishonored or bad cheque, may have legal ramifications. Let’s check Cheque bounce law in UAE. With a few notable exceptions, most occurrences… Read More »

Why every sales team needs a sales dashboard

By | July 25, 2023

While producing reports is only half the battle, successful data monitoring requires further effort. The next stage is to build a sales dashboard. A good sales dashboard provides you with a single source of truth. So, you can spend more time precisely responding to your company’s strategic questions rather than wasting time searching through your library of data.… Read More »

How to Implement an ERP System

By | July 25, 2023

Implementing an Enterprise Resource Planning (ERP) system can be a complex and challenging task, but it is essential for organizations that want to improve their operational efficiency, productivity, and profitability. Lets check how to Implement an ERP System. Here are the key steps to implement an ERP system: Define your requirements The first step in… Read More »

How many types of accounting software

By | July 25, 2023

There are many types of accounting software available in the market, and each software may have different features and functionalities tailored to specific business needs. However, some of the most common types of accounting software are: Desktop Accounting Software Desktop accounting software is installed on a local computer and accessed via the computer’s operating system.… Read More »

How to use accounting software

By | July 25, 2023

Using accounting software can seem daunting at first, but with a little practice and guidance, it can become a valuable tool for managing your business finances. Here are some general steps to get you started with using accounting software: Choose an Accounting Software The first step is to choose an accounting software that meets your… Read More »

How accounting software works

By | July 25, 2023

Accounting software is designed to provide businesses with an electronic system for recording, processing, and reporting financial transactions. The software can automate many accounting tasks, such as invoicing, bill payments, and payroll. It can also integrate with other systems, such as point-of-sale systems, inventory management systems, and bank accounts, to streamline financial operations and reduce… Read More »

How to implement ERPNext

By | July 25, 2023

ERPNext is an open-source, web-based ERP software that can help businesses manage their operations, such as accounting, sales, purchasing, and inventory management. Implementing ERPNext involves a series of steps, from defining your business processes to going live with the software. Lets check How to implement ERPNext. Here is a more detailed explanation of each step:… Read More »

Case Study: Change Management for ERP Software Implementation

By | July 25, 2023

Many businesses use enterprise resource planning (ERP) systems to manage their processes and enhance productivity. ERP systems are complex and need a major time and resource investment. To achieve a smooth transition to the new system and the realization of the advantages, there was a requirement for competent change management with ERP Software Implementation. In… Read More »

What is B2B sales

By | July 25, 2023

B2B sales is an incredible opportunity for businesses to connect and collaborate with each other. It’s a complex process, but with the right strategy and approach, you can make it work for your business. This guide will help you understand the differences between B2B and B2C sales, the different types of B2B sales models, and… Read More »

CRM Glossary: CRM and Sales

By | July 25, 2023

CRM Customer relationship management (CRM) is a form of corporate software that supports sales, marketing, and customer care teams in managing customer contacts and sales CRM activities. Its purpose is to help organizations manage and analyze customer interactions and data throughout the customer lifecycle.Simply said, customer relationship management software is designed to improve your company’s… Read More »

How To Use ERP Software

By | July 25, 2023

Enterprise Resource Planning (ERP) software can help businesses streamline their operations, improve efficiency, and make better-informed decisions. However, it can seem daunting to use ERP software, especially for small businesses that may not have the resources to dedicate to software implementation and training. Here is a more detailed guide on how to use ERP software:… Read More »

ERP Software for Small Business – 2023

By | July 25, 2023

Enterprise Resource Planning (ERP) software is designed to streamline business operations and make them more efficient. It does this by bringing together all aspects of a business into one unified system, including financial management, inventory management, human resources, and customer relationship management. While some people associate ERP with large corporations, there are many options available… Read More »