Paper Invoices- Its Major Challenges And Complications!

You Lose Money! Both directly and indirectly. Directly by investing constantly in pen and paper and indirectly via slow cash flow. A paper invoice is non- traceable, therefore ensuring no timely payment for the job done. With a proper online invoicing solution like Invoicera, you’ll be able to track invoice and know if your invoice is received and viewed by your client.

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Top 10 Reasons Why Your Organization Needs An ERP System

Enterprise Resource Planning (ERP) is business management software that allows an organization to leverage a suite of integrated applications.ERP systems streamline and automate processes, creating a leaner, more accurate and efficient operation. ERP provides complete visibility into core business processes.

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Scary Jewellery Business Risks Eliminated By Cloud ERP

For any type of business, there are many types of risks to watch out for. While you can’t avoid them all, there are things you can do to reduce the likelihood of a disaster. Believe it or not,moving from a paper-based record system or traditional on-premise ERP to a cloud ERP can mitigate a variety of risks. What could a cloud ERP do for you?

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Get To Know How This New Era Of Hallmarking Will Affect Your Jewellery Business?

Hallmarking is the accurate determination and official recording of the proportionate content of precious metal in the jewellery/artefacts or bullion/coins. Hallmarking Scheme is currently voluntary. However, Quality control order for mandatory hallmarking of gold jewellery/artefacts has been issued on 15 Jan 2020 by the Govt. of India. Mandatory hallmarking of gold jewellery/artefacts shall come into force with effect from 01 June 2021.

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E-Invoicing under GST - What is E-Invoicing and its applicability?

‘E-Invoicing’ or ‘electronic invoicing’ is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the electronic invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed by the GST Network(GSTN). All invoice information will be transferred from this portal to both the GST portal and e-way bill portal in real-time. As per a recent update, a meeting between a high-level group of ministers will be organized where they will discuss GST E-invoicing for gold jewelers having a turnover below INR 500 crores.

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How to increase Sales with help of Smart Jewellery ERP ?

Keeping pace with the fast-changing needs of the time, the jewellers are facing difficulties in maintaining ledgers and other essential documents manually. In the current world of competitiveness, the Customer is not bound to a particular Jeweller. You need to regularly be in touch with Customer smartly to get maximum sales.

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