Choosing Accounting Software? 5 Factors to Consider!

Deciding on the right accounting software makes businesses easier to operate on. Understanding the exact software you need, and all its functionalities, are the core reasons that you should fall back on while making a decision that you will certainly not regret. If a company decides to buy or build for the first time, there are certain areas to ponder on to avoid mistakes in the selection process. Collaboration with a trusted software firm will help you prepare for the path of selection and is a good idea for safe sailing. To go straight to the highlights, here are a few factors to consider while choosing any accounting software.

  • User-Friendly Software:

Anything that you use, you want to make sure you get what you need with ease. Likewise, while selecting a software it’s important that it meets the criteria of ‘user-friendly’. In the case of an accounting software, requirements such as the financial status of the company is what lands at the top of the agenda. Aspects that focus on income and expenditure for the last 6 months, bills to be paid, invoices that are owed, and platform user activity, fall in the areas of prime importance. Finding all of the above in a single dashboard is what is called a friendly application. uAccounting by Urbansoft has been designed to help meet the same, and benefits you in bookkeeping and accounting.

  • Web-Based Application:

We live in a fast moving world which requires us to stay ahead of all to keep ourselves at the top of the game. This means that decision making at the right time without delay matters. Having a web-based application helps you stay informed of changes in your financial data on-the-go. An appropriately equipped application can help you receive emails on invoices, check out your financial status at all times, keep you in collaboration with the team, and help you make calculated decisions.

  • Software Integration:

Why look for a software platform that helps in software integration? Well, if you are looking to upgrade your existing software, it’s important to choose one that seamlessly integrates with your suite of other business software. As we know it, we depend on the analysis provided by a ton of software platforms that we function with, and making sure they all sink together can have a huge impact on decision making. At Urbansoft we serve clients with software suites that help integrate various platforms on to a single dashboard without affecting compatibility.

  • Secure Data:

Financial data lying around is always insecure. What about opting for a web application that is online? Safety and security of data stored is of prime importance, and choosing a platform that affords a protection of the data stored is a wise choice. Opting for an online accounting software can help you save business’ financial data on an external server. Though most corporate owners hesitate to save financial data on external servers, it does turn out that they are a lot safer than on personal servers. Looking for a software platform that promotes data security as well as keeps you in touch with regular updates and constant contact with the same, is what is basically required.

  • Pricing of Accounting Software:

Pricing of any application is of a major concern for most business owners. Paying and licensing for software becomes the prime reason why most small businesses stay away from software purchases. From understanding, it’s found that loss of financial data or misuse of the same is what could affect the functioning of a company far more than what a software could cost. Finding a software partner or service provider that could suit your needs at an affordable price would be the right choice.

While there are many such software’s available in the market, custom-made uAccounting Software as designed at Urbansoft are hard to find. Since accounting plays a critical role in managing a business, there are a few specific features that an enterprise owner seeks out to guarantee that his needs are met effectively, and most importantly, securely. Urbansoft’s uAccounting software includes features such as reporting, analysis, graphics, automation, automatic updates, customization, interoperability, scalability, expandability, and security.

Contact us for a further discussion on the same; we look forward to working with you!

Run an Oracle Data Warehouse in the Cloud – Why?

As we know it, businesses are constantly evolving and changing, and as a result, IT providers deal with operational challenges connected with the regular procuring, deploying and maintaining of their infrastructure needed to support the growing amounts of data. Well, modernization has made it possible for technologies such as Oracle to offer an autonomous cloud database which can be upgraded with time when the need arises. Oracle data warehouses use different designs for standard operational databases so as to maintain accuracy while updating real-time data for cloud customers.  Here are a few convincing reasons why businesses need to run an Oracle Data warehouse. Read on!

  • Increase Speed of Deployment:

To allow companies to be more responsive to changing market demands, Oracle innovates on hardware and software to enable cloud customers to use an Oracle Database and related applications,to help achieve business progression faster and easier. This gives companies a good edge over their competitors as they keep pace with market reforms.

  • Run Efficiently:

With Oracle data cloud, you can boost sales billing, deliver values, shrink variable cost, plan ahead, and save costs associated with mismanagement. Furthermore, you stand the chance to use Oracle social to listen to your customers or enable them to communicate with your team easily, anytime, and from any location.

  • Rapid Security Updates:

Generally, any system connected to the Internet is susceptible to the threats of hackers and online predators. With this in mind, our Oracle team provides suitable tools that help companies and governments build a strong security framework using the cloud, which detects and prevent scams, spam emails, and other malicious malware.  This keeps all private data ever secure.

  • Big Data Enablement:

An organization dealing with big data enablement can streamline the same by using a cloud-based warehouse option for storage. With these tools, customers can implement big data solutions for standalone platforms, or tied to Oracle Database for a more complete solution, as well as, boosting big data efficiency.

  • Accelerated Analytics:

Oracle cloud Data Warehouse combines database predictive analytics algorithms with open source R algorithms that are easily accessible using SQL and R languages. This helps customers conduct extensive analytics on their products and services for further improvement.

  • Platform Completeness:

Avail a complete platform environment of Oracle cloud that permits you to build, deploy, integrate, extend applications, and other platform services in the cloud with no delay. Urbansoft cloud services help to reduce vendor flaws and complexity involved in managing multiple technology providers to attain high performance through streamlining workloads.

Check out other ways Urbansoft can help you run an Oracle cloud data warehouse by visiting our website. We are certain that companies are creating new information architectures of multiple physical data stores, whichis why we use technologies such as Oracle, Big Data, SQL and so on, to make all the distributed architecture into integrated reality. Urbansoft cloud services are designed to help you gain a competitive advantage that can benefit your business beyond your imagination.

Let us connect and keep your business in pace with digital transformation.

ERP in Manufacturing – 6 Solutions to your Problems

Expansions in the manufacturing processes do create complexity in administrating and managing a business efficiently. While these modifications are essential for the growth and success of your business, it requires a befitted solution to automate all operational processes. An ERP solution is designed with many tools which are integrated within the system to help an organization automate the majority of processes involved in placing and fulfilling orders. Here are common manufacturing problems that can be resolved with an ERP system.

 

  • Collaboration Practices:

ERP implementation caters for every aspect of a manufacturing firm including collaboration among your team from any location.  Collaboration issues arising from functional boundaries, departments and those impacting the extended enterprise is eliminated with the use of ERP solutions. 

  • Reporting:

Mainly, data management, gross margin, and inventory management are 3 key issues adversely affecting manufacturers of all types and sizes. Rather than enabling a large volume of data to overwhelm your team, ERP Software can provide you with the right reporting capabilities by visualizing all the data consolidated in the system.  Easy access to data, current inventory levels, and sales forecast procurement anticipated, enables you to plan, schedule future operations and many more.

  • Rules &Compliance:

In the recent years, the risk of non-compliance has become a major concern, especially for multi-national manufacturers with operating jurisdictions. For example, compliance with internal standards, policies, and procedures as stated under the compliance standards of the governing legislation are a few that we can mention. To reduce the stress caught up in dealing with these laws and regulations, the ERP system is designed to help you tackle these issues efficiently.

  • Quality Issues:

Quality control and assurance cannot be compromised for anything else if you need good credit for your products or services.  ERP helps manufacturers to implement standard procedures, and maintain quality in operations. For instance, intimating tasks, measurement, creating or updating business strategy and a lot more.  ERP is just a perfect match that can help you monitor quality at all stages of the production process.

  • Lot-Tracking:

ERP lot-tracking tracks several units of a stock item using the same lot or batch number. A well-built manufacturing ERP system can handle both forward tracking and backward lot-tracking. Companies like Urbansoft develop ERP that meets the specific needs of all manufacturing process.

  • Maximizing Profit:

One of the biggest problems manufacturers face today is the inability to maximize profit.  Profit is best maximized if manufacturing waste is kept at minimal. ERP has effective tools that minimize waste in a lot of ways. It can effectively monitor the production process, inventory planning, scheduling, eliminate the misuse of raw materials and control losses.

uERP a pride of Urbansoft which is cloud-based does it all. It is user-friendly, flexible, customizable, scalable, affordable, and easy to implement. It can be used on the go, enabling you to work anytime, anywhere. Most organizations are still hesitant to choose ERP based on Multiple Factors. uERP was developed keeping all the potholes in mind and fills in all the GAPS to ensure the TCO is met and the deployed solution is successful.

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