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Give Your Investment Plan !

Read out the situation and understand the different investment options which are available and give your best Investment advice to Mr. Sanjeev. Click the link to access the Sanjeev's income and expenditure scenario. https://drive.google.com/file/d/18YbH_fMi5CQ4UFMRGotq-QgyuKkJPlwV/view?usp=sharing

Business Plan _ Template

Dear students kindly download the Business Plan_Template by using the following link. https://drive.google.com/file/d/1v3Z2B3bdKnEusGAza-j5UobUtqJYZq01/view?usp=sharing DISCLAIMER: It's purely for the academic purpose.

FACTORS & POTENTIAL ISSUES IN ERP SOFTWARE

Factors to be considered when choosing ERP software 1.       Upgrade vs. replacement.  Evaluate first if you need to get a new ERP system or just an upgrade. Many ERP solutions today are modularized; you can simply integrate a module, for instance payroll, with your current applications. This way you minimize disruption and costs. But if your ERP system is ten years or older, it may be wise to replace it. You can leverage today’s ERP solutions for mobility, integration, scalability and deployment options. Similarly, machine learning, predictive analysis and advanced reporting are pushing ERP to the next level. 2.       Customization.  Aside from ensuring the ERP processes match your key business workflows, look closely at your departments. They may have different priorities and culture, which may even be contradictory. For example, Marketing spends, while Accounting saves or Production lives by daily output, while ...

Features of ERP

Features of ERP (Enterprise resource plannina) 1.   Financial management.  This module manages your capital inflow and outflow. It covers standard Accounting & Finance transactions like expenditures, general ledger, balance sheet, bank reconciliation, tax management and payments. The module also generates financial reports for different departments and business units. 2.       CRM.  The CRM module helps you to boost customer service and, eventually, profit per capita. It manages leads, opportunities and customer issues. Likewise, it provides a 360-degree profile of your customers by consolidating data like their social media activities, purchase history and past interactions with support reps. In an ERP setup, CRM is closely integrated with Sales module to fast track conversions. 3.     Sales & Marketing.  The module handles sales workflows like sales inquiries, quotations, sales orders and sales invoices. The more ...

Fire Insurance: Meaning, Coverage, Types

Fire Insurance Meaning: ·          A fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods, caused by fire, during a specified period. ·          The loss can be ascertained only after the fire has occurred. ·          Property is well defined in fire insurance that is a thing or things belonging to someone; possessions collectively. ·          Fire insurance normally provides coverage for one year. It may renewable later on.       The types of losses covered by fire insurance are :- §    Goods spoiled or property damaged by water used to extinguish the fire. §    Pulling down of adjacent premises by ...