In today’s digitalized world, the demands of the eCommerce industry have increased. The expansion in customers and business needs impacts the management and development of each business. Since you already use a web-based inventory software to track your stock, you might have noticed that a stand-alone inventory management system can not ensure the synchronization between…
Category: accounting
Here Is Why You Need to Connect Accounting and Inventory Management and How To Do It With Xero and Megaventory
Have you synced your inventory management solution and your accounting solution? If not, you definitely should. If you are using QuickBooks Online, we have the best news for you! Megaventory integrates natively with it. If you prefer Xero, we have good news too: Megaventory integrates with Xero via Zapier. Connecting inventory management and accounting is…
Business software: one solution or multiple ones?
A question which frequently businesses have to address (whether they realise it or not) is how exactly they will cover their business software needs. Some go for the one-size fits all approach whereby they buy a full suite which is aimed to cover each and every aspect of their business from sales and CRM to…
Cloud ERP is better for your finances, the environment, the child in you
We haven’t done an industry roundup post in quite a bit now and it’s time to see what’s going on in the outside world. Here are a few news items worth absorbing. Money in the cloud Traditionally, one of the industries among those that affect a business which resists the most against change is the…
Market research: erpnext.com – The open source ERP
This is the last on this series of posts reviewing the best and most popular online ERP vendors for our imaginary MegaComp company of 9 employees and 4 locations. So, last but not least, it’s erpnext.com. Features: Quite feature-rich itself, erpnext offers a lot of services a business may need and it is clear the…
So, what’s ‘ERP’ really?
Since we’ve been in the process of explaining what ERP is via a video, we might as well put it in words for those who prefer this medium. So, ERP (or Enterprise Resource Planning), is basically about how to manage whatever resources you have available for your business – simple as that. When you’re just starting…