Tag Archives: benefits

What Are The Important Benefits of Having a POS System at Your Restaurants

What Are The Important Benefits of Having a POS System at Your Restaurants

The growth of technology has gone to all leaps and bounds wherein you could see POS system seen over restaurants or any other place coming up with loads of enhancements. You will just need fine POS software at your place which can successfully manage your entire store with all the necessary information and updates pertaining to sales, or inventory or book keeping or sales tax and so on. You will see lots of benefits of implementing this system in your retail store. In fact, you could find loads of benefits of using POS systems over restaurants, which are as under.

Save and make money: With a proper POS system at your restaurants, you cannot only save money but also draw fine money out of it. You can track everything at your workplace, appropriate from your stores to customer who frequently visits your store by the quantity of reports generated by the POS software. By being modernized upon the various aspects of your hotel business, you are able to device a fine business strategy of both saving and making money. In this way with a good Restaurant POS Software at your place can help you to confine your inventory successfully, alleviate problems coming up in your day to day business activities and so on.

You can start humanizing your customer relationship: To have a sustainable business, you just necessitate fine amount of customers. A fine and helpful Point of sale system would help you and your employees the topmost in the floor, helping them to spare less time over the counter. You can carry out a number of loyalty programs for regular consumers at your position plus avail them dissimilar beneficial drives which can efficiently managed by your Point of sales counters. Through this software you would easily come to know your usual customers, nearly all consumable products, and therefore can run value added services to these customers building a fine rapport and relationship with you. A good customer relationship promises a long term customer for your business.

Better business security: The Restaurant POS Systems coming up with PCI DSS compliance will make your business trustworthy among the customers who use credit card for shopping. The PCI Security Standard Council is an assembly which is responsible and active against the people engaged in credit card frauds.

The Other Benefits: Apart from the above listed benefits, there are other advantages too of having a robust Restaurant POS system at your business place. These will be based on your individual business requirement. So when you procure a Restaurant Point of Sale software, make certain you convey your precise necessities to the software assembly which can give you a good amount of advantages . The more superior way you explain your business requirement to the vendor the more prolific software can you expect for your point of sale counter.

The more superior way you explain your business requirement to the vendor the more prolific software can you expect for your point of sale counter.POS Software


Microsoft SharePoint 2010

Microsoft SharePoint 2010 – Features and Benefits

Microsoft has launched a new edition of SharePoint which is also well known as MOSS. Microsoft SharePoint 2010 has a lot of new features which were not present in SharePoint 2007.  A lot of the new features included in Microsoft SharePoint 2010:

Finally aim of Microsoft SharePoint 2010 is to easy & quickly understand the business requirement and bring quality solutions for it. It works as a facility and communion with colleagues, partners and consumers in new and effectual ways.

There are a lot of business benefits of Microsoft SharePoint 2010: Benefits of Microsoft SharePoint 2010 are that businesses can monitor the flow of information entering or leaving the organization. This gives extra security to the business. With the tools of Microsoft SharePoint 2010, electronic content can be tracked and business processes can be well-organized very easily.

It also helps the organizations in dispensation information to multiple points through a single source. Online content such as articles, web pages and blogs can be created with the help of Microsoft SharePoint applications.2010.

Microsoft is releasing a really improved fleshier version of its popular collaboration software, SharePoint. SharePoint 2010 offers many enhanced features:

Best Practices Analyzer-In SharePoint 2010, the best practices analyzer is presented. This tool automatically offers Microsoft’s suggestions for SharePoint deployment and troubleshooting.

Advanced Reporting Logging -Provides an extensible database designed to better support logging and reporting.

Portable Workflows-In SharePoint 2010, administrators can assign portable workflows in the SharePoint designer, making it easier to manage specific workgroups by having them utilize specific workflows the way the administrator sets up and assigns them.

FAST Search-Microsoft obtained FAST search technology from the Fast Search & Transfer Company and will use it to increase SharePoint. This technology included visual search, metadata extraction and other advanced search features.

Included Collaboration-With 2010, Microsoft commutation Server can be merged with SharePoint calendars. In addition, blogging features are Included.

Mobile Access-Users will now be able to access and edit information using SharePoint, without having to add any enhancements. These features will be available right out of the box with SharePoint 2010.

Better Offline User Experience-With 2010, SharePoint Workspace offers users anytime and anywhere access to data whether they are online or offline. SharePoint Workspace automatically caches any changes a user makes to the data offline, and updates the server automatically with these changes once the user connects again.

Designer Customizable-SharePoint Designer customizations are safe (out-of-box) in 2010, so users can customize sites without risk. SharePoint Designer is now also a better tool for mashing-up SharePoint and external data.

Microsoft is planning a big year in 2010, with a new release of Microsoft Office, and a new version of SharePoint. Right now, the buzz SharePoint 2010 is creating in the IT community is making SP 2010 one of the most anticipated Microsoft releases in history. It will be a huge improvement over the 2007 model, and a leap forward in business collaboration software. Its goal is to understand your business, share a common business goal with you, and help you reach and exceed your objectives.


Benefits of Having a Touch POS

Benefits of Having a Touch POS

Every business tries to find ways to make their operations more efficient and easier for everyone. This includes the business owner, the personnel and the consumer. This is why those who build various devices for the retail business such as POS software systems also strive to create new and innovative devices that promote efficiency and ease of use. What used to be manual transactions became cash registers and then became POS software. POS software systems are in almost every store that you walk into. Today, more and more innovations are made to make this POS software system efficient such as the introduction of the touch screen POS or simply, touch POS. If you’re wondering how much a touch screen can make such a huge difference, here are some of the benefits of having a touch POS:

1. Less Hardware to Handle

With a touch POS, you wouldn’t need a keyboard and mouse anymore as the software only requires touch to function. When you need to input letters or numbers, the screen would automatically show a keyboard and numeric keypad on screen. Once you’ve finished, it will automatically disappear as well. This is something that you cannot do with your keyboard and mouse. Since you don’t need to move around from one hardware to another, you are more focused.

2. Efficiency

With having yourself or your personnel more focused, the more efficient you or they can be. Everything that they would need is in one area and since they are more focused, your transactions would be faster. In addition, touch POS are known for its simple and efficient interface wherein all necessary and important functions are onscreen which makes it easier to access. They can move from one function to another with just a single touch.

3. Shorter Training Period

With the old POS system, you probably need days or weeks to fully train a new employee or staff member. This is mainly due to the complicated interface of searching for folders and programs to use. Since the touch POS has such a user-friendly interface wherein everything you need is on screen, you can cut this training period to just mere minutes. This allows your business to lessen operational disruptions and could function fully even if you have new personnel.

These are just the tip of the ice berg when it comes to benefits that you can get when you have a touch POS. The bigger picture is, with a touch POS, you simplify your business. With simplicity, there is more time to be spent on more useful things such as maintaining a good relationship with your consumers.


ERP And Its Benefits

ERP And Its Benefits


Data need only be entered or updated once, reducing errors, time and labor for reports, analysis, planning and program management. Ultimately, time and resources are shifted to innovating, problem solving and direct service to customers rather than inputting, processing, organizing, verifying and related “busy work” that burns through time and money.

1. Focus on how IT can reshape work and public sector strategies

Problem. The knowledge required to succeed with IT is complex and rapidly changing. Given the large size of many agencies and the checks and balances established to foster debate and deliberation, governments tend to become inwardly focused and fail to keep pace with the innovation required in the Information Age.

What to avoid. Don’t delegate all responsibility for technology to technologists, or focus on internal operations to the exclusion of externally oriented service improvements and building essential political support.

What to do. Learn how digital processing and communications are revolutionizing the work-place and the nature of work, ideally through becoming directly involved in IT projects and working with computer

applications as part of your personal routine.

2. Use IT for strategic innovation, not simply tactical automation

Problem. The enormous potential benefits of IT are often compromised if it is used merely to entrench old work processes and organizations rather than to fundamentally redesign them.

What to avoid. Don’t focus on incremental improvements to the exclusion of more aggressive innovation.

What to do. Push for some strategic ten-fold improvements, and not merely for 10 percent. Foster and protect experimentation. Design an e-government strategy with wide opportunities for “anytime, anyplace” service. Explore service integration across program and organizational boundaries.

Develop rich and flexible technology-based options for self-service.

3. Utilize best practices in implementing IT initiatives

Problem. The failure rate of IT initiatives has often been daunting, even though the most difficult problems have been political rather than technological.

What to avoid. Don’t approach IT as primarily a technology problem, and don’t delegate IT projects

predominantly to technology specialists.

What to do. Recognize that technology implementations are usually change-management problems. Place general managers and politically capable leaders in charge of most major IT initiatives. You need leaders who can authoritatively deal with organizational conflict and budget issues.

4. Improve budgeting and financing for promising IT initiatives

Problem. By focusing on incremental annual changes to existing programs, government budgeting makes it hard to invest in IT initiatives that offer high value but also require long-term, cross-agency innovation.

What to avoid. Don’t rely too heavily on funding IT through the traditional tax-levy budget.

What to do. Analyze economic and budgetary trends to identify sources of financing appropriate for an increasingly electronic economy. Your analysis should explore the principle of letting the direct users of services pay when they are the ones that capture the benefits (i.e., user charges for service elements not inherently public in nature). Also, explore budget reforms to give greater emphasis to multiyear, cross-boundary service integration and innovation (via capital funds, revolving funds, shared-risk investments with the private sector, etc.).

ERP software provider

Peaksoft Technologies is a Pune based company. Right from creating simple Ecommerce websites to creating complex database oriented Ecommerce websites. we have expert team for developing Customized ERP Solution.


The Benefits of a CRM Solution

The Benefits of a CRM Solution

Over the past few years there has been a significant increase in the use of software by business to manage customer facing processes and it has rapidly moved from being a “nice to have” to being a must have for business success. (CRM) Customer Relationship Management is one piece of software which will provide a competitive advantage. But what is CRM and what benefits will it deliver?

CRM helps businesses build relationships with new customers at the same time as keeping existing customers coming back. CRM is a combination of business strategy and business processes brought together by software which, if implemented correctly, bring significant, tangible benefits to organisations.

CRM solutions will enable you to store all information about contacts, competitors and suppliers in one place. This will mean that there will be no silos of information and therefore no gaps in knowledge ensuring exceptional levels of customer service. CRM will deliver a number of benefits to organisations including:

– Reduced duplication of effort
– Enhanced employee knowledge
– Enhanced customer service
– Improved customer satisfaction
– Increased profitability

What type of company implements a CRM Solution?

In the past, implementing any kind of software solution had significant costs associated with it. However, this was because implementing a CRM solution meant that there needed to be an onsite deployment and that additional hardware needed to be purchased to accommodate it. In the early years the significant costs meant that CRM has previously only been associated with large companies. Now, the price of hardware has come down and there is another hosting alternative. CRM is now available on a hosted platform – this means that the company purchases a CRM solution which is not stored on a server on their site, but is on servers in a datacentre or in “the cloud”. This has made implementing a CRM solution much more accessible for smaller organisations as no additional hardware was required. However, the hosted and SaaS solutions are not used exclusively by organisations which have a low number of users – it is also used by larger organisations that are just starting out with CRM.

How do I choose a business partner?

When implementing a CRM solution, often the best place to start is to create a list of requirements and split the list into an essential and nice to have list. Once you have a list of defined requirements it will be easier to inform a potential partner of the deliverables of the project. When selecting a business partner the most important thing is to find a partner which you believe best understands the requirements of your organisation. It is also important to consider other customers they already have, so asking to see case studies will provide you with an insight into the quality of their work. It may also be possible to visit some of their customers so you can actually have a face to face meeting and ask questions about the company. It’s also important to consider their support network, having the right level of support when starting out with a new piece of software can be the difference between project success and failure.

Will it integrate with my ERP solution?

There are many CRM solutions which will integrate with ERP solutions, however this is not often an out of the box functionality and if you want your front and back office staff working from the same data it is essential that you make this clear from the outset of the requirements capture process.

Having a CRM system which is fully integrated will mean that both front and back office functions will be working from the same data and this will mean that there will be increased visibility across the organisation.

No matter which hosting alternative you choose and whether it integrates with your ERP solution or not, it’s clear that providing it is implemented correctly CRM will deliver significant benefits across the whole organisation.


Benefits of Optimizing MRO Inventory Management for Your Business

Benefits of Optimizing MRO Inventory Management for Your Business

In today’s extremely competitive business environment, companies are searching for any and every way to increase efficiencies, decrease costs and manage assets wisely. Most manufacturers have invested a significant amount of time and resources into EAM, or Enterprise Asset Management, while MRO, on the other hand, has been a mismanaged portion of many a company’s operations processes. Poor MRO management can hamper material availability as it ties up money in the wrong inventory, while inducing delays in parts and tools that may be critical for asset management, repairs, or production processes. MRO inventory optimization is necessary for companies to ensure that their operations are kept at maximum levels of outputcontinues.

Principles of Effective MRO Inventory Management:

Optimized MRO inventory management is important for your business as it eliminates potentials of:
a)Stock outs
b)Inaccurate reorder points
c)Inaccurate reorder quantities
d)Out of stock inventory
e)Surplus inventory
f)Archaic inventory
g)Imprecise lead times
h)Low rate of turnover
i)Ongoing purchase of dead or declining-use inventory

Optimizing inventory data has many advantages.By providing regular reports based on current MRO data, a decision support service can:
1)Automaticallyset inventory stock levels on the basis of current business conditions and/or usage.
2)Proactively detect problem items.
3)Publish action lists for procurement, warehousing, operations, maintenance and finance.

The benefits of optimizing MRO inventory management for your business are:
1)Makes the right inventory items accessible to personnel in the right quantities at the right time.
2)MRO optimization enhances cash flow by diminishing over-purchases of rarely used inventory spare parts and consumes excess inventory appropriately.
3)MRO optimization maximizes productivity by reducing asset downtime if required parts are available JIT.

MRO inventory optimization has a direct financial impact on a business as well:

Improves plant efficiency – Less unplanned downtime, in conjunction with a higher level of planned maintenance accomplished on time.
Improves cash flow – With a lower MRO inventory investment, higher levels of MRO material availability can be achieved.

Most organizations have begun to understand the unique characteristics of MRO inventories and have started using science-based optimization methodologies to their advantage.. MRO Inventory Management is all about effectively managing spare parts and supplies inventory availability for critical production facilities and operations.