Difference Between ERP and POS System

POS doesn’t mean ERP. But, the fact is- they are better together. Point of Sale vs Enterprise Resource Planning As the definition implies, Enterprise Resource Planning (ERP) system is a software solution responsible for managing day-to-day business operations, such as formulation, procurement, sales, R&D, quality, compliance, etc. Binding individual yet dependent departments together, ERP ensures […]

How ERP Simplifies Financial Record Keeping and Year-End Closing?

What are the initial thoughts that come to your mind when you hear about the term enterprise resource planning (ERP)? If your answer is one of on-premise, Cloud ERP, production, inventory, discrete manufacturing, process manufacturing, or simply manufacturing in general, your thought process is absolutely normal. These are actually the top-of-the-mind recalls for the people […]

10 Food Manufacturing Buzzwords You Should Pay Attention To In 2019

They say, predictions are a mug’s game. Put in simpler words, making predictions is a profitless activity. But is that really the case? While it may be a futile activity for the crystal gazers of the business world, it certainly isn’t that profitless for the businesses themselves. After all, who doesn’t want to know about […]

Point of Sale System – A Treat for Your Restaurant

So you have decided to buy a Point of Sale (POS) system for your restaurant. Congratulations! Success is surely yours now. As a single platform to handle the complete ‘order-to-billing’ process – a good POS system is at the heart of every popular restaurant. Point of Sale systems have gone under a major transformation from being […]

How an ERP Can Help You Draw Profitable Cost in No Time

Cost is one of the major criteria a customer considers while selecting a product. Evaluating it prudently is thus crucial for any business owner. In this era of rising raw material, fuel, transportation and other costs, the margins are shrinking razor-thin. Adding to it is expensive getting labor, stringent getting labor laws plus increased benefits […]