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Project Management Software - A centralized way to get more done

The success of any project depends on finding a great idea for managing project and team’s productivity which is both essential and difficult, especially when one has to handle multiple projects at a time. Handling multiple projects and managing the teams along with their assigned tasks sometimes become extremely complicated for a project manager while working from home.

For any project manager or senior management, project planning is extremely important and essential for his or her team’s success as they need to keep track of what work needs to be done, which team member is working on what, and much more. Handling all these manually via emails or spreadsheets is definitely not an efficient way of doing it. In order to bring everyone on the same page, the management will have to hold meetings and reach out to their team members by sending out emails which is again a significant drawback on their team’s productivity and also the cycle of frustration becomes high when the teams are working quite hard to reach the deadlines of the project. That’s where the use of cloud based project management software comes into picture.

Project Management Software is specially designed to provide small to large businesses a means of planning, organizing and managing various project aspects.

Businesses that haven’t yet implemented a project management tool are likely to do more work while gaining less profit because of the time wasted on juggling little tasks. If these tasks are taken care of efficiently, effectively and smartly, the teams will be having more time to focus on core operations to complete their respective projects.

With TYASuite plug and play Project Management Software, your organization can automate the project management process with ease. Project managers can quickly and easily identify how much work each team member has, when they have capacity to take on additional work, or if any of their projects are at-risk. When any of the team members has any inquiries or confusion, he or she can immediately get the right response through communicating with the team internally—with the right people in the right project—without looking for any other sources. This is in turn successively minimizes the time lost from searching for answers. This ERP software also optimizes the sharing of documents, timelines, and status updates to notify everyone of important information.The use of cloud ERP based project tracking software simplifies team collaboration, with everything in one place and you can get imperative insight into progress, risks, and budgets for all of your projects. Companies can easily save multiple hours of project managers that they are spending on the project status report which is easily automated with the help of TYASuite Project Management Software.

TYASuite Project management Software can be used for companies across industries like, Software development companies, Real Estate Development companies, Real estate project Management companies, EPC Companies, Contract-based manufacturing companies and many more.

Project management is evolving with time. With the implementation of diverse tools, technologies, applications, and frameworks that are shaping project management for the modern world, it is important to stay ahead. So track and manage everything from day one to the deadline on routine tasks. Start a FREE DEMO today and take your business a step ahead with our powerful Project Management Software.

Jul 14, 2020| 3 min read| views 733 Read More

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Vikas Mandawewala

Detailed Analysis of TDS on Non-Resident Payments

Jun 20, 2020 | 7 min read | views 59540 Read More
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Supplier collaboration software: A full overview

May 09, 2025 | 18 min read | views 21 Read More
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Vendor onboarding software & process explained

May 02, 2025 | 15 min read | views 42 Read More

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How does ERP Software differ from Accounting Software?

Accounting was one of the first business processes to undergo mass-scale digitalization around the world, with accounting software slowly replacing manual accounting and bookkeeping across the globe as the digital revolution began and the results of IT became felt at all levels of industry. Accounting software giants such as Tally or QuickBooks became synonymous with businesses across industries, sizes and locations, as more and more functionalities and features kept being invented and added to the digital accounting process.

ERP (Enterprise Resource Planning) software on the other hand, is a relatively newer development in the IT world, and it encompasses a much broader scope of action than accounting software. Though it is a newer model of digital business processing, it is also a much faster growing one, projected to reach a global worth of USD 47 Billion by 2022. This growth is very simple to justify, due to the immense number of advantages ERP software has as compared to an exclusive accounting software.

Accounting Software vs. ERP Software

First, let's get a quick look at the definitions of accounting and ERP, and a basic understanding of what the respective software are built to handle ?

Accounting

Accounting is the simple process of managing the financial activity of a business - mainly General Ledger, Accounts payable, Accounts receivable, Revenue, Sales & Invoicing and Financial reporting are the different major areas that fall under the purview of accounting, and subsequently, of accounting software or a cloud accounting software.

ERP

ERP or Enterprise Resource Planning software is an integrated digital platform that contains multiple modules for handling all the different business processes and not just accounting process. ERP software will normally include Procurement to Pay, Project Management, Vendor Management, CRM, Inventory Management, Compliance Management, Asset Management, Finance and Accounting, Sales modules and others depending on the software providers.

With such integration and unification of the different processes in a business, ERPs provide a much more comprehensive solution as compared to software that is only designed for accounting.

Benefits of choosing Cloud ERP Software over Accounting Software

It is obvious at first glance that ERP software will provide a much larger range of functions and tools to manage your business, as compared to accounting software, but the benefits of choosing a Cloud ERP software go beyond that. There are multiple advantages to Cloud ERP software that just accounting software cannot provide, such as -

Single Solution

Many accounting software will provide integration capabilities with other software to handle your other business processing needs, but Cloud ERP will give you all the tools and functions in one single package. Without the need for external integrations and the related hassles, the ERP software can streamline the automation and digitalization of your business processes with a single solution

Data Integration

Accounting software can maintain a database of a company's financial data, and provide reports etc. based on that, but they lack a solid integrated central database structure that Cloud ERP software can provide. With data being collected from all modules across the different sectors of business management in the company, an ERP can provide you a single source of information, eliminate all duplicity in data, and give you a comprehensive master database that contains your entire company's information for instant access, analysis and reporting.

Industry Specificity

Accounting software will give you generalized functionalities and tools for managing your accounts, that aren't specifically designed for different industry-types. Cloud ERP software can be customized according to the specific needs and requirements of different sectors of Industry. For example, manufacturing industries can make special use of Inventory Management, Procurement to Pay and Asset Management ERP modules - something simple accounting software cannot help provide.

Ultimate Visibility

While accounting software can provide you with reports and data on your company's finances and accounts, Cloud ERP can integrate that information with all the other departments and provide a comprehensive bird's-eye view of your entire business at a glance. With inbuilt data analysis and reporting tools, ERP software can help you get the visibility you need to smoothly manage your business from one single platform

Remote Accessibility

Cloud-based ERP software is hosted online, and require no company infrastructure or servers to install any software. Simply log into your software online from a web-browser and immediately get access to the entire Cloud ERP platform at any time, from any place, using smartphones, tablets, laptops or PCs, whatever you choose.

Strong Data Security

Cloud ERPs are hosted on secure cloud networks such as AWS, that have inbuilt data security that you don't have to worry about. This eliminates extra cost and hassle of having to set up your own data security systems, as you get to piggyback on the ERP software provider's security measures simply by subscribing to their SaaS products.

The Perfect Cloud ERP Solution - TYASuite Cloud ERP

TYASuite Cloud ERP is World's 1st Plug and Play ERP. With integrated modules for Procurement to Pay, Inventory Management, Asset Management, Sales and Distribution, Finance and Accounting, Compliance Management, Project Management, Customer Relationship Management (CRM) and Vendor Management, TYA Suite Cloud ERP can give you a unified user-friendly platform to manage your entire business from a single screen.

With robust reporting tools, constant alerts and notifications, interactive dashboards and 2500+ inbuilt plug-and-play features, managing your business has never been this easy! just sign up for the TYASuite Cloud ERP and automate and streamline your business processes. TYASuite Cloud ERP is best Cloud ERP for SMEs and mid-sized companies.

Save more than 50% of the cost by switching to TYASuite Cloud ERP. Talk to our process expert to get exact cost savings for your coming. With TYASuite Plug and Play cloud ERP you can go live just in 7 days- the fastest ERP Implementation in the world.

For an affordable, scalable, and flexible cloud ERP solution, look no further! Visit our website for more details, and get a FREE DEMO of our product to test out the features.

Jun 16, 2020 | 6 min read | views 705 Read More
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Deepak Kumar Daga

Revised Compliance Due Dates and implications

Compliances are critical part of the Indian Businesses. In India Compliances are complex, vast and never ending. From monthly to quarterly to annual, there are countless number of compliances a business entity has to take care in India.

As the Covid-19 has hit the entire business world, government has given relaxations in various due dates.

For the benefit of business world, we have summarized key due dates and their revised due dates.

VARIOUS COMPLIANCES DUE DATES & OTHER IMPLICATIONS AFTER COVID-19 PANDEMIC

Name of compliances For the period/ FY/Months Revised Due Date/ Other implications Original Due Date/ Other implications
Income Tax Return FY 2018-19 (AY 2019-20) 30th June 2020 31st March 2020
Income Tax Return – for Non-Auditable Assessee FY 2019-20 (AY 2020-21) 30th November 2020 31st July 2020
Income Tax Return – for Auditable Assessee FY 2019-20 (AY 2020-21) 30th November 2020 31st October 2020
Tax & Statutory Audit FY 2019-20 (AY 2020-21) 31st October 2020 30th September 2020
TDS & TCS Return of Qtr. IV FY 2019-20 (AY 2020-21) 30th June 2020 31st May 2020
Due date for deposit of TDS/TCS For the month of May 2020 7th June 2020 7th June 2020
Online submission of form 15G/15H FY 2020-21 30th June 2020 30th April 2020
Linking PAN with Aadhar N.A. 30th June 2020 31st Mar 2020
Issuance of Form 16/16A for the Qtr. IV FY 2019-20 (AY 2020-21) 30th June 2020 15th June 2020
Making investments & payments for claiming deduction under Section 80C/80D/80G FY 2019-20 (AY 2020-21) 30th June 2020 31st Mar 2020
Interest liability on payment) (All delayed payments of advance tax, self-assessment tax, TDS, TCS, equalization levy, STT, CTT) Due between 20th March 2020 to 30th June 2020 20th March 2020 to 30th June 2020 will be charges at reduced interest rate i.e., 9% p.a instead of 12% or 18% p.a Interest rate i.e., 12% or 18% p.a
GSTR - 3B Turnover in preceding FY < 1.5 crore February 2020, March 2020, April 2020, May 2020 30th June 2020, 3rd July 2020, 6th July 2020, 14th July 2020 20th March 2020, 20th April 2020, 20th May 2020, 20th June 2020
GSTR - 3B Turnover in preceding FY 1.5 crore to 5 crore February 2020, March 2020, April 2020, May 2020 29th June 2020, 29th June 2020, 30th June 2020, 14th July 2020 20th March 2020, 20th April 2020, 20th May 2020, 20th June 2020
GSTR - 3B Turnover in preceding FY > 5 crore February 2020, March 2020, April 2020, May 2020 24th June 2020, 24th June 2020, 24th June 2020, 27th June 2020 20th March 2020, 20th April 2020, 20th May 2020, 20th June 2020
GSTR – 1 Quarterly Turnover in preceding FY < 1.5 crore January - March 2020, April - June 2020 30th June 2020, 31st July 2020 30th April 2020, 31st July 2020
GSTR - 1Monthly Turnover in preceding FY > 1.5 crore March 2020, April 2020, May 2020 30th June 2020, 30th June 2020, 30th June 2020 11th April 2020, 11th May 2020, 11th June 2020
GSTR 9/9C Annual return FY 2018-19 30th September 2020 31st Mar. 2020
GST ITC?04 Return –Quarterly (for March 2020) FY 2019-20 30th June 2020 25th April 2020
Online filing LUT (GST RFD 11) for Exports & Supplies to SEZ without payment of tax FY 2020-21 30th June 2020 31st March 2020
ROC Compliance – Additional Fees For the period 1st April 2020 to 30th September 2020 No additional fee shall be charged for late filing during a moratorium period (01.04.2020 to 30.09.2020) in respect of any document, return, statement etc required to be filed in MCA system irrespective of its due date MCA Due dates
Input GST credit - restriction rule of 10% with reference to GSTR2A Note: The said condition shall apply in FORM GSTR-3B for the tax period of September, 2020 and shall be furnished with cumulative adjustment of input tax credit for the said months in accordance with the 10% condition) For the months of February, March, April, May, June, July and August 2020 20th September 2020 FORM GSTR-3B – 20th day of March, April, May, June, July, August and September 2020.
Submission of Annual Results to SEBI by Listed Entities FY 2019-20 30th June 2020 30th May 2020
Vivad se Vishwas Scheme (Not liable to pay additional 10%. No interest and penalty will be applicable) FY 2019-20 31st December 2020 31st March 2020
Form 61 (statement of Form 60 received), 61A (statement of financial transactions), or 61B (statement of reportable accounts) FY 2019-20 30th June 2020 31st May 2020
Companies (Auditor’s Report) Order, 2020 [CARO-New] FY 2019-20 1st April 2021 (extended applicable date) 1st April 2020 (applicable date)
Newly incorporated companies to file a declaration for commencement of business (Form INC-20A) FY 2020-21 12 months after incorporation 6 months after incorporation

In case you wish to automate your compliances, you can subscribe to Compliance Management SoftwareAs a support to MSMEs in this difficult time, TYASuite is offering 3 months free subscription to their entire range of cloud software’s including Procurement Software, Inventory Management Software, Cloud ERP, Asset Management Software, Cloud Accounting Software and Project Management Tool.

Avail the Free Subscription today.

Jun 09, 2020 | 5 min read | views 1489 Read More
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As the Indian economy reopen, what should CFOs do?

The COVID-19 crisis has left the global economy in shambles, and India has fared no better. With almost 3 months of a nationwide lockdown, business have been closed for a long time. The lockdown rules have recently been relaxed, and businesses are beginning to start operations gradually.

As businesses and the Indian economy reopens, all companies must take a strong and detailed look at their finances and prepare for the unprecedented and unpredicted times ahead. Here are a few things every CFO needs to consider to ensure that his company has a plan to survive the recession -

1. Evaluate Where You Stand

The first step is obvious - conduct a detailed and accurate study and account for your company's current financial status. This includes, but is not limited to -

Your Cash-flow

Take a good account of inbound and outbound cash flows to evaluate your company's overall liquid capital. Knowing how much cash you have to use, how much cash is coming in, and how much cash is going out is essential to plan for the future.

Your Inventory

Take stock of your existing inventory in detail. Make sure every item is accounted for, quality-checked, and ready for use as required once your business reopens. Inaccurate inventory data can cause major problems in your production if demand suddenly increases in the coming times. Efficient Inventory Management becomes very critical at this point.

Your Assets

Make sure you have an up-to-date idea of all of your assets including whether it is ready to use, possible maintenance or repair requirements, warranty status, current relevance and insurance status. Effective Asset Management including warranty management and insurance management becomes very critical at this point. Ensure the assets are properly insured and extended warranty is taken if required.

2. Forecast All Possibilities

As a CFO, one of your main roles is forecasting ? difficult in normal times ? it?s even tougher to forecast what the post COVID-19 landscape will look like. Therefore, it is prudent to consider all the conditions around us now, and forecast a wide range of possibilities. That way, whatever the outcome of the pandemic, your company will have plans in place to survive it.

Ensure Sourcing

As your business reopens, make sure your sourcing is taken care of. Existing vendors may face problems with supply, making it necessary for your company to ensure that alternative sources are identified, evaluated and categorized for immediate reference in case you need their services. Good vendor management will be key in maintaining company production.

Boost Liquidity

With the Government planning to release large amounts of liquidity into the markets, CFOs must ensure that their company?s cash and liquidity is up to the mark, and bolstered by the government?s plans. Financing should be re-visited; debt and credit should be scrutinized afresh. Receivables especially need to be managed urgently as customers will tend to delay payments to meet their own challenges. Tax planning in Covid situation is also critical, and conserving cash in short-term periods must be ensured. With the GOI announcing extension Of TDS returns due dates, GST returns and various other compliances, many opportunities have arisen to make such savings. For MSMEs, government has delayed the GST payment and is also evaluating the GST payment only upon collection form Customers. You must consider all possible opportunities of boosting company?s liquidity.

Optimize Assets

Optimizing your company?s assets is just as essential. Making sure that every single asset is relevant to your recovery must take precedence over other tasks. Evaluate your current assets to identify which of them will be relevant.

Ensure Social Distancing in Office

As the offices reopens and MHA announcing the unlock guidelines on almost every day basis, it is critical for companies to follow such guidelines. Maintaining Social distancing while having meeting and calling employee to work from office is critical to avoid any mishaps in the company.

Reduce Human Dependence

CFOs must prepare for the possibility of many critical employees (including themselves) falling ill and getting taken out of commission by COVID-19. This means that they need to plan accordingly, and make sure that a framework is in place to ensure through which all financial processes can function with remote supervisory inputs from top management. Cloud ERPs can be very handy in these situations.

Streamline Communication with Stakeholders

Amidst the uncertain economic landscape, CFOs must ensure clear and constant communication with key stakeholders. Communication should be automated, and there should be a smooth flow between stakeholders, banks, investors and employees when communicating with each other.

Investor communication is going to be of utmost importance to avoid uncertainty on their part. Investors will want to be updated with your company?s activities to handle the crisis, and stay ensured that their investments are secure.

3. Plan for the Recovery

It is never too early to plan for the recovery of the economy, even though we can?t say how soon that will take place. CFOs must consider all the different methods in which the market can return, despite social distancing and COVID-19 regulations. Once the market returns, there will be heavy competition amongst companies to recover their losses, and only those with plans already in place will come out in the lead.

4. Digitize the Process

Covid has proven that Cloud ERPs are the future. Many companies who didn?t implemented cloud ERP or e-procurement software has suffered more than companies which had these in some form or other. Demand for Cloud software has surged during the lockdown. CFOs must evaluate their existing business process and look out for affordable cloud ERP to digitize their business process.

Get the benefits you deserve with TYASuite Cloud ERP

TYASuite is here to help you with affordable Cloud ERP. With our plug and play cloud ERP software, cloud procurement to pay software (P2P software), Cloud Inventory Management software, Cloud Assets Management Software, Project Management Software, bring all your business processing in one single platform, and have complete access over remote cloud-based applications.

TYASuite Cloud ERP is scalable, flexible and customizable ERP and you can go live just in 7 Days. It is enriched with best of the features and is affordable cloud ERP.

Sign up today for a FREE DEMO, and get 3 months usage of our tools for no cost!

Jun 04, 2020 | 6 min read | views 642 Read More
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TYASuite

Cloud ERP Software- Must For SMEs To Survive Post Covid 19

The COVID-19 outbreak has left the world reeling, and the global economy has been suffering worse and worse damage over the last couple of months. Almost every single business in the world has been affected, and desperately searching for solutions to recover. Even the essential services industry has suffered due to lower demand. The combined effects of human health and welfare, disruption of the supply chain and massive changes in consumer behaviour and buying power has left companies in need of rapid adaptation and change to survive in the present circumstances.

Many Companies across the globe has done mass lay-offs, put the employee on mandatory unpaid leaves and have reduced the salaries of remaining employees.

Governments are coming up with Covid revival package for MSEs and industries.

For businesses around the world, the first and foremost form of possible relief has come from the use of technology, especially digital technology, to adapt to these changes. From online payment services, digital communication platforms to virtual business processing, management and Cloud ERP Software, digital technology, the internet and telecommunications have been able to prevent a complete worldwide shutdown of all businesses.

To survive this pandemic and consequent economic downturn, businesses around the world, especially small businesses and startups, need to implement certain changes in their operations. For the Indian economy, the MSME sector will largely lead and decide the recovery from the possible upcoming recessions, and hence they must -

Digitalize and Automate

The Indian MSME sector is witness to an existing problem of companies, especially small and micro-enterprises, delaying or refusing the implementation of digital technology for their business processes. This can no longer persist as any organizations who do not embrace digital whole heartedly have little to no chance of survival in this current ecosystem. Tech-savvy companies have already demonstrated the ability to overcome COVID-19 restrictions through the implementation of cloud services, mobile apps, AI-ML software and social media, to counter the prevention of human contact due to social distancing and quarantine rules. Small businesses must learn from these examples and begin transferring all possible processes from manual setups to digital cloud-based platforms like Cloud ERP, Cloud Project Management Software, Inventory Management software, Procurement to pay software and many more.The Cloud Business Software will also help maintaining social distancing.

Get Ready for Work-From-Home

New strategies and processes need to be formulated and implemented immediately to facilitate a work-from-home setup. Companies worldwide have already begun to face the need to adapt to maintaining an almost entirely remote workforce, and this will continue well into the future. To gain the edge over competition, a proactive stance must be assumed by founders, CEOs and top management towards work-from-home including the deployment of company-wide awareness and training in efficiency and productivity protocols. Ensuring productivity while work from home is important to companies as well as employees.

To facilitate a rapid shift to remote working models, companies must ensure ?

  1. Negotiate with infrastructure vendor to support remote workforce demands: All the technological requirements for remote work must be available to your employees, including hardware, software and telecommunication devices. Companies should pre-negotiate high volume network and internet facilities with providers, and implement efficient collaboration technologies including video-conferencing tools, file-sharing and cloud ERP software to ensure that poor bandwidth, connectivity and lack of cloud ERP doesn?t hamper the employee productivity.
  2. Optimized infrastructure costs and management: As more employees will start working from home, companies need to re-evaluate their infrastructure maintain on-premise, and balance that with new potential costs to provide infrastructure to employees at their homes, such as laptops, advanced internet connections, security software and reimbursements for telephone and internet expenses.High level on-premise infrastructure such as servers, desktops, office-wide bandwidth, seating facilities, etc. will become useless, and all related assets should be repurposed.

Shift Everything to Cloud

Companies who had implemented cloud-computing technologies in their business process before the COVID-19 crisis hit, have already seen how much it has helped them get through the lockdown conditions. Other companies must take the hint and migrate their operations to cloud, in preparation for the times to come. There will be an increased demand for work-from-home, and that will naturally put a lot of stress on the IT infrastructure. The main advantages of using cloud technology to meet this demand are the inbuilt security and automatic scalability of cloud structures.

As the economy reopens, companies will be bound to bow down to situation and inculcate work from home culture.SMEs will not have any tech bandwidth or the budget to get required infrastructure on -premises. The only option SMEs and Start-ups will have is to look for affordable SaaS software. There will be many options in the market and choosing the right one that fits into your business requirement and is affordable will be important.

Companies who aren?t used to handling a big IT load need not hire new IT staff and procure infrastructure just to shift their operations to digital, they can leave that to dedicated cloud service providers. Cloud ERPs for example, will become a necessity in coming times. Cloud ERP can allow your business processes to transform to a digital platform, without any effort on your part. Simple subscriptions to customized plans allow you to integrate the ERP into your system.

Reduce Human Dependence

It must be obvious with the earlier given points and the current conditions that businesses cannot depend as heavily as before on human agency and interactions. With the new social distancing rules, businesses must use automation and technology to reduce human dependence drastically, and transfer as much of the processing tasks as possible, to machines and software. The easiest way to do this is again by implementing cloud ERP that can automate all menial and repetitive tasks, leaving only critical decision making to human employees. With reduced workforces and the need to cut back on expenses, such process automation will become essential to small and medium businesses.

Conclusion

Though there is no amount of preparation that can guarantee a business?s success in the trying times to come, it is quite safe to assume that only those companies that adapt with the times and make the best use of technology will have any hope for growth and survival. As the COVID-19 curve is flattened, technologically equipped companies will be able to get back into business without any extra hassle.

Get the benefits you deserve with TYASuite

Are you ready to make entry into the new era of Digitalization?

TYASuite is here to help you with affordable business software. With our plug and play cloud ERP software, cloud procurement to pay software (P2P software), Cloud Inventory Management software, Cloud Assets Management Software, Project Management Software, bring all your business processing in one single platform, and have complete access over remote cloud-based applications.

TYASuite Cloud ERP is scalable, flexible and customizable ERP and you can go live just in 7 Days. It is enriched with best of the features and is affordable cloud ERP.

Sign up today for a FREE DEMO, and get 3 months usage of our tools for no cost!

Jun 02, 2020 | 7 min read | views 594 Read More
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TYASuite

How cloud ERP software can help fight the Covid-19 pandemic?

Fighting COVID-19 - Social Distancing

The COVID-19 pandemic has spread in an unprecedented way across the entire planet, and it is showing no significant signs of slowing down or getting contained. The global economy has suffered greatly due to the lockdowns and disruptions in the supply chain, but it is slowly beginning to recover. As businesses reopen, and the world begins to regain functionality, social distancing rules are a must for everyone to ensure that the pandemic stays under control.

Why Social Distancing?

Social distancing rules ensure that the COVID-19 virus does not get a chance to spread from potential carriers to healthy people. Most businesses require daily contact between employees, vendors, customers and other stakeholders. Ignoring social distancing can mean a complete breakdown of the recovery process, and an increase in the outbreak of COVID-19. With the blanket ban on any such contact, businesses must function through digital means of communication, collaboration and management.

Consequences of Social Distancing

Enforcing social distancing guidelines in a business has several consequences, as the limited space and resources of a business cannot deal with the requirements to function normally. Simply speaking – no business can afford to go on normally with all employees maintaining a 6-ft gap at all times!

This means that certain consequences will be felt, such as –

  1. Disruption of Supply Chain: Businesses will have to deal with very unstable supply chains, and find alternative methods of procurement to ensure continued production. Social distancing means that all logistics transport and related labour personnel cannot interact with each other normally and hence function like they used to.
  2. Remote workforce: The majority of staff in companies will have to get used to working from home on rotation basis, as social distancing will not allow for the normal volume of employees to function inside the limited office/shop area. All the personnel whose physical presence is not essential will need to provide their services from home, and companies will have to facilitate the same efficiently.
  3. Reduced physical interaction: The physical interactions that are common in business, such as employee-employee or employee-customer or employee-vendor interaction, will all need to cease as much as possible. All these interactions must hence be turned digital to the extend possible.

Businesses have found a common solution to deal with social distancing requirements and quarantine conditions – cloud ERP software. By automating their business processes and eliminating unnecessary human dependence, cloud ERP software is helping businesses stay alive without the need for regular human-to-human contact.

The Answer - Cloud ERP Software

Cloud ERP Software will be the ultimate solution to help businesses facilitate social distancing, and help them through lockdown or quarantine conditions. Since social distancing is going to become a long-term requirement (even after the lockdown is lifted), businesses must search for cloud ERP software that can provide matching long-term solutions.

Cloud ERP Software can help a business in various ways when it comes to social distancing and fighting the spread of the COVID-19 pandemic –

Limiting Physical Contact through Digitalization of Business Process

Physical contact must be avoided at all cost, and this includes more than just the obvious human-to-human contact by touch or proximity. The COVID-19 virus is extremely contagious, and can spread through indirect contact via surfaces, paper, cloth, tools, etc. With cloud ERP software, you can avoid all paperwork and physical contact by digitizing your data and transferring everything to a cloud storage facility.

Automated Business Processes

By implementing cloud ERP software, business processes can be automated and streamlined, eliminating the need for unnecessary, tedious and repetitive manual labour. Automating fixed everyday tasks and processes can also provide the additional benefit of eliminating human-error, something that is commonly seen when menial tasks are concerned. With modules such as procurement to pay, inventory management and compliance management, a lot of such menial everyday tasks become the ERP software’s headache instead of your employees’.

Facilitating Work-From-Home

With cloud ERP modules such as project management, finance and accounting, sales and CRM, a large part of any company’s workforce can function remotely. Such ERP software will allow the employees to function efficiently and stay productive despite work-from-home situations, since all the data is integrated in one platform, and there is seamless communication and collaboration.

TYASuite Cloud ERP Solution

Choosing to implement cloud ERP software is not always simple, especially for SMBs and Start-ups. There are many factors to consider, and making the wrong choice can leave you with an ERP that is ill-suited to your business, not worth the investment and a waste of your precious time and money.

This is why TYASuite Cloud ERP Solutions provides you with the best possible choice. Specially designed to fit the needs of any business, irrespective of size and nature, the TYASuite Cloud ERP is –

Affordable

With customized pricing plans and a pay-as-you-grow approach, you decide how much you want to spend, and how much you want in return. The TYASuite Cloud ERP software is customizable to your specific needs to ensure maximum ROI and minimum implementation costs.

Scalable

Regardless of your business size, the TYASuite Cloud ERP software is a one-size-fits-all solution. With customized plans for different scales of business, you can start wherever you like, and scale up or down based on your evaluation of the software’s performance and efficacy with regard to your business processes and specific requirements.

Flexible

Unlike traditional or big-brand ERPs that have on-premise software, the TYASuite Cloud ERP is flexible to adapt and suit your business’ existing processes and functions. With integrated modules for each functionality, you choose what you need, and fit the pieces accordingly.

Plug and Play ERP

TYASuite Cloud ERP is the world’s 1st Plug and Play ERP Solutions. It has 2000+ pre-customized features which can be modified to suit your requirement in the click of a button. Join the plug-and-play ERP movement and enjoy the benefit of going live within 7 days with your own process. Never compromise with your requirements.

With our full deck of ERP tools, get access to Procurement to Pay, Project Management, Inventory Management, Asset Management, Vendor Management, Finance and Cloud Accounting modules to make sure you stay on top of the coming economic revolution. Never miss out on important news, manage your business seamlessly and enhance your profitability by going digital with TYASuite.

Sign up today for a FREE DEMO, and get 3 months usage of our Cloud ERP for no cost!

May 29, 2020 | 6 min read | views 625 Read More
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TYASuite

Plug and Play Cloud ERP: Flexible, Affordable and Reliable

Are you stuck with inflexibility and heavy cost of your existing ERP software? Talk to TYASuite Experts on how to get Flexible, Affordable and Plug and Play Cloud ERP.

Is your company considering the implementation of an Enterprise Resource Planning (ERP) software to help you go digital and automate your business processes. You might be facing some common problems of ERP implementation -

  1. Will it streamline my operations after months/quarters of implementation time?
  2. Will the cost justify the benefits?
  3. Do I need to change my process just to adapt to the inflexible ERP?
  4. Can my existing team handle the transitional work load?

ERPs can be very complicated systems, fraught with technical difficulties, implementation errors and on-going bugs and maintenance issues.

The most important question that bothers companies is – which ERP shall they choose? There are big names in the ERP market, and some of the biggest are SAP, Microsoft Dynamics 365 and Oracle EVS / Netsuite. With a long history of existence in ERP Market and numerous clients, they certainly seem like good options at first, but are you sure they’ll be the right choice for you? If you are large enterprise and very profitable company, then yes, these Industry stalwarts can be a suitable choice for you.

However, if you are a Small or Medium enterprise, or a start-up who need to scale and bring profitability in your business, you will need to look for alternatives to SAP/Oracle/Netsuite etc.

Considering the advancement in technologies over last few years, you must evaluate some factors before finalizing any ERP :

1. Cost

There are 4 types of costs involved in any ERP :

  1. One-time onboarding cost
  2. One-time Implementation cost
  3. Annual Fixed License fee
  4. Per user charges

You must evaluate the overall ERP cost for at least next 5 year and then compare available options in the market. Many ERP companies run special ERP offers for MSMEs and Startup’s to ensure that they can afford the ERP.

2. Process Adoptability

One must understand the ERP functionality in detail and ensure that your company process can be streamlined with ERP Implementation. Many ERP projects fail as the companies select ERPs based on hearsay and when they start implementation, they realize their company process is very different and the selected ERP either may not suit their purpose or significant customization costs need to be incurred to make it usable. It becomes a bottleneck and delays the entire process.

3. ERP Modules

All ERPs will have multiple modules which are inter-linked. One must check the functionality of each module to ensure that it fits into the requirements. A few of the most common modules are mentioned below and must be integrated seamlessly into each other :

  1. Procurement to Payment Software
  2. Inventory Management Software
  3. Asset Management Software
  4. Revenue Process Software
  5. Finance Module
  6. Project Management Tool

Companies must go through details functionalities of all modules and ensure that it fits into your company process without major customization.

4. Inflexibility

As mentioned before, ERPs can be extremely complicated things. There are entire divisions in the IT consulting industry dedicated to providing ERP consultation services, and that will be more to add to your staff list. For example, SAP consultants exist solely to help companies use the SAP ERP software, and they are specially trained to use it like experts. Without that extra ERP consulting staff, buying SAP would be like getting a complicated Lego set for your toddler – you’ll spend a lot of money but they won’t be able to utilize it to its actual potential.

It is the time to rethink, do you really need inflexible ERP while there are many Flexible ERP is in the market. It is the era of Plug and Play ERP. Why would you choose ERPs which take months to go live and then after going live struggle for months to streamline the business processes? Always choose the ERP which can go live faster.

If one follows the above steps, they will be able to streamlines process in their company much faster and at affordable cost.

Choose TYASuite Cloud ERP!

If you’re worried by what you read above, don’t be! ERP doesn’t need to be complicated, costly or restricted to large-scale businesses only. There is an affordable, scalable and flexible ERP choice for your problems – the TYASuite Cloud ERP Solution.

The TYASuite Cloud ERP Solution is a fully-stacked software suite with integrated modules to automate, streamline and digitalize all of your business processing. Eliminate all the hassle, error and loss incurred due to tedious manual processing of repetitive menial tasks and transform your business and go digital with our cloud-based plug-and-play ERP solution. The TYASuite cloud ERP contains separate modules for Procurement to Pay Software, Project Management Software, Compliance Management Software, Vendor Management Software, Inventory Management Software and a host of other back-office business processes – all integrated into one simple, plug and play ERP.

Key Benefits of TYASuite Cloud ERP :

Affordable

If you’re on a limited budget, TYASuite Cloud ERP Solution is the most obvious choice! It provides the most affordable option while ensuring that no compromises are made with quality, functionality and scope of the product.

Scalable as you grow

Unlike big brands like SAP, Oracle Netsuite or Microsoft Dynamics 365 which are designed for large-scale companies with immense operation volume only, the TYASuite Cloud ERP solution is scalable to your business size. If you are a small or medium business, our product will be a perfect fit to help you automate your business within its own scale and scope. If you are a large business, our product will scale itself to match your operations just as easily. If your business is planning to undergo rapid expansion, our product will scale with you as your business grows, and you won’t need any change of ERP for your future.

Flexible

If you’re not sure whether you need all the features of a full stacked ERP suite, no problem! TYASuite Cloud ERP Solution is flexible and can adapt to your specific needs. With an SaaS model, you can subscribe to our products for as long as you need them, and for whichever modules you want to. Our product has complete integration through all modules, and can take care of all your ERP needs through a single, easy-to-use plug-and-play platform, with no need for costly hardware or consultants. Simply sign up for our services and go live within 7 days get constant support, due maintenance and regular updates at no extra cost.

Plug and Play ERP

TYASuite Cloud ERP is World 1st Plug and Play ERP Solutions. It has 2000+ pre-customized features which can be modified to suit your requirement in click of a button. Join Plug and Play ERP movement and enjoy the benefit of going live within 7 days with your own process. Never compromise in your requirements.

May 26, 2020 | 6 min read | views 1197 Read More