Sage 300cloud Web Screen Keyboard Shortcuts

Web Screen - Sage 300
Reading Time: 4 minutes

Data entry is unavoidable in accounting, but that work doesn’t have to take up so much time. When entering a large number of transactions, switching between your keyboard and mouse can be ineffective. It slow-down your speed of data entry and also breaks your concentration which may cause errors in entry and accounting.

Until the Sage 300cloud 2021 version, keyboard shortcuts weren’t available on web screens. But with the new release of versions, there are a set of keyboard shortcuts available on the screen that will save you time navigating and performing some functions on your Sage 300cloud web screen.

Find below lists of Keyboard shortcuts in Sage 300 Web Screen 2022 :

Keyboard Shortcuts for data entry.

Enter Apply changes to the field you are editing.
Tab Go to the next field.
Fn + Pg Up Go to the top of the window in view.
Fn +PgDn Go to the bottom of the window in view.
Shift + Tab Go to the previous field.
Alt + Down Arrow Open the Finder for the field you are editing if there is a Finder.
Esc Close Finders, Pop-up screens, messages.

 

Keyboard Shortcuts to navigate and enter information in detail tables.

Enter Apply changes to the field you are editing.
Left or Right Arrow Scroll left or right in the table.
Shift + Tab Go to the previous field.
Tab Go to the next field.
Up or Down Arrow Go up or down one row.

 

Keyboard Shortcuts for in Finder to navigate through results and selected records.

Up or Down Arrow Go up or down one row in the table of results.
Fn + Pg Up If the table displays multiple pages of results, go to the previous page.
Fn + PgDn If the table displays multiple pages of results, go to the next page.
Fn + Home If the table displays multiple pages of results, go to the first page.
Fn + End If the table displays multiple pages of results, go to the last page.
Enter Select the record that is highlighted in the table of results.

 Find below some examples of keyboard shortcuts with images:

1. Alt + Down Arrow:

Web Screen

In the above image, the Invoice Number field is highlighted.

Now, if the user presses Alt + Down arrow key then it will open the finder for the invoice number field. Refer to the below image.

Sage 300cloud- Web Screen

2. Esc:

Sage 300cloud

In the above image, we can see that the finder pop-up screen for the invoice number field is opened.

Now, if the user clicks the Esc key then, this finder pop-up screen will be closed. Refer below the image where the finder pop-up screen is closed and the Invoice entry main page is displayed.

Sage 300cloud

3. Fn + End:

Sage 300cloud

In the above image, we can see that the Finder pop-up screen of the Item number is opened where we can select the item for entry.

As you can see there are multiple items pages listed and we are on the first page of the items list.

Now, suppose we want to navigate to the last page of resulted items then we can use the shortcut key Fn + End.

Refer to the image where we can see the last page of the resulted list.

Sage 300cloud

4. Fn + Home:

Sage 300cloud

In the above image, we can see that the Finder pop-up screen of the Item number is opened where we select the item for entry.

As you can see there are multiple items pages listed and we are on the last page of the items list.

Now, suppose we want to navigate to the first page of resulted items then we can use the shortcut key Fn + Home.

Refer to the below image where we can see the first page of the resulted list.

Sage 300cloud

 

STAY UPDATED

Subscribe To Our Newsletter

  • This field is for validation purposes and should be left unchanged.

 

At Sage Software Solutions (P) Ltd., we are home to world-class ERP software and CRM software that will solidify your business tech support fundamentals and enable you to build a customer-centric organization. You can also write to us at sales@sagesoftware.co.in.

Disclaimer: All the information, views, and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views, or objectives of Sage Software Solutions (P) Ltd.

8 manufacturing industry trends that will shape the industry in 2022

manufacturing industry trends
Reading Time: 7 minutes

SUMMARY: 2021 has been a disruptive year for the manufacturing industry but it is going to bounce back in 2022. Since the covid-19 restrictions are easing and manufacturing activities are rebounding, the notable challenges remain the same including labor shortages, supply chain issues, inflation, and cybersecurity attacks. This article will shed light on the topmost manufacturing industry trends in 2022.   

manufacturing industry trends

No doubt, 2021 has been a disruptive year for the manufacturing industry, and the coming year 2022 is definitely not going to slow down. Since the covid-19 restrictions are easing and manufacturing activities are rebounding, the important challenges remain the same including labor shortages, supply chain issues, as well as inflation. However, the recovery from the pandemic gained a fast pace in 2021 since the rollout of vaccinations. 

The industrial production supplies capacity usage has elevated the pre-pandemic levels during mid of 2021. However, there might be a strong increase in new orders for different major sectors that are signaling continuing growth of manufacturing industries in 2021. 

As the manufacturing leaders seek topmost solutions against disruptions and have been looking to strengthen their manufacturing business, we brought to you here the best trends that will shape the manufacturing industry in 2022.  

Let us have a look at them. 

 

Automating Manual Functions

The covid-19 pandemic has geared up the implementation of automation instead of manual tasks and processes. The pandemic has made manufacturing industry believe that they can leverage digital technologies to enhance their businesses. 

Manual processes slow down the workflow of the business operations and it becomes very hard to manage everyday tasks with them. There are still a number of manufacturing companies that are using outdated systems due to which they could not see significant growth in the market. 

But in the coming years, there will be a number of companies in the industry that will switch from manual systems to automated systems. The best benefit of an automated system is that it allows effective and agile operations that help make better business decisions. 

Not only this but it also helps improve the overall quality control of the product while creating huge cost savings and delivering the desired product. Automation can be made possible with interactive robotic solutions through easy-to-use manufacturing process management systems and robot-human connections. 

manufacturing industry trends

With the latest and advanced technologies in the industry, automation has given easy access to a number of manufacturers and is transforming the way companies have been operating. In short, automation for all would be the demanding platform in the manufacturing industry. 

Speaking more clearly about automation in the manufacturing industry, industrial automation takes a very important role. With it, manufacturing businesses can attend greater accuracy and productivity. In the new generations, robotics in industrial automation is simple to program and easy to use, and possess the capacity to recognize image and voice to regenerate complicated human functions. 

 

<<< Also Read: Top 6 Ways Furniture Manufacturing Industry Can Boost Productivity Using ERP Software With Enhanced Integration>>>

 

Improvised Mobile Technology

In today’s everyday business, mobile technology has become the most integrated part. However, in the coming days, we can expect various manufacturing industry to deploy mobile-friendly solutions at their workplaces. Since the manufacturing industry is continuing to evolve it is very important for professionals to adapt to the change and go with mobile technology.

The businesses that have already deployed the latest mobile technology into the workplaces have noticed numerous benefits. They are-

  • Significant communication
  • Developed efficacy
  • Minimal errors
  • Accurate connection of different teams
  • Simple integration with accounting operations 

Moreover, mobile technology has brought notable transformations in faster order and invoice processing operations. 

 

Predictive Analysis

Today a number of manufacturing professionals are integrating business management systems into their workflows in order to gain best-in-class customer and competitor insights. However, manufacturers are also lettering predictive analytics to prepare well for the transforming future. With predictive analytics, manufacturers can get improvised access to real-time data while the industry will easily identify the changes in the inventory and can make respective decisions whenever planning for the projects in the coming time. 

With predictive maintenance technology, they can automate the complete process of investigating and predicting the floors as well as problems occurring during the manufacturing process. 

The excellent output of this analytics is-

  • Low downtime
  • Higher cost efficacy

No doubt predictive maintenance and analysis will prove to be a boon for manufacturing industries that can help meet customer demands and embrace the digital transformation. 

 

<<<Also Read: Role of AI Guided Content in Predictive Analysis>>>

 

Developing High Cybersecurity 

High-level cyber-attacks throughout industries in the recent past have escalated cyber security issues as a part of risk management to stop the increasing threads during the covid-19 pandemic has added to the business risk for manufacturing professionals.

Since the attack has been expanding from the sensitive connections of operational technology, external networks, and information technology are requiring advanced controls. However, legacy technology and systems proved to be a loss for the current network challenges. Also, remote work dangers are more prone to data breaches for manufacturing professionals. 

To resolve these issues manufacturers should look for advanced cyber defenses but should also bring high-level flexibility to their business in the wake of cyberattacks. Cybercriminals have been causing huge damage to the intellectual property of the manufacturing business along with creating great financial losses through malware. In the case of critical infrastructures, they can also consolidate a regulation patchwork of various industries. 

manufacturing industry trends

Gearing for Future Work 

As per the recent reports recording huge and field jobs would likely limit the higher productivity of manufacturing businesses in 2022. In order to retain and employ talent in the business, manufacturers are required to make strategies including reskilling of employees and recasting their employment brand. 

To meet the hiring requirements in 2022 manufacturers should make jobs more appealing and desirable. To achieve this they can-

  • Engage with a brilliant talent acquisition system to reach skilled talent pools
  • Easily compensate for the wave of different voluntary and retirement positions 

What else could they do to gear up for the future would remain the question of primary concern. Broadly, manufacturers should keep a good balance between innovation culture and retention to reach desired goals. Since flexibility at the workplace is becoming more prevalent in the offices they should also search for ways to give more flexibility to their workers so that the workers will be retained and will be attracted as well. 

However, manufacturers can also set up a discussion panel with the IT department in order to create a strategic plan that will help them access the required budget to set for the next 10 years and can assist your organization to establish an expanded workforce. 

manufacturing industry trends

Revamping Supply Chain

At present, supply chain challenges are still critical and obviously, manufacturers are facing continuous obstructions causing huge costs and testing incapacities. They are dealing with distribution delays especially for international supply chain connections which are costing huge expenses. There is a shortage of containers as well as components which is why their cost has been increasing drastically.  

Buying manager reports have become even more complicated and the increasing costs of raw materials along with freight and low deliveries have been the cause of major concerns globally. While these challenges are on the verge customer expectations are as high as ever which is why manufacturers should develop round-the-clock services to cope with them.

Also, the transportation challenges may continue in 2022 that will include driver shortages and various congestion at container ports. Since the demand is increasing for the supply, increased costs will more likely to pass on the customers. 

However, having efficacious communication strategies can mitigate the supply chain disruption effects. Effective communication at workplaces makes sure that everyone is working on the same front and has the same goal. 

To cope with increasing needs and higher costs, the supply chain in 2022 should be multi-level while digital networks, as well as data analytics, can help make powerful, flexible, and multilevel decisions at manufacturing workplaces. 

 

<<< Also Read: The 4-Step Approach to Better Supply Chain Management>>>

 

Advanced Sustainability

The rising demand for ESG (environmental, social, governance) factors is a sustainability concern in manufacturing and this could not be observed so strongly in the past. The total cost of capital can be shown as per the ratings on ESG while making it a high priority for manufacturing business financial health. Managing manufacturing industry operations in a completely sustainable and environmentally friendly manner is quite significant. 

manufacturing industry trends

This is one of the most significant manufacturing industry trends to watch in the coming years.  The cost of energy, as well as materials, have been rising and regulations have been tightened consumers, as well as investors, are gravitating towards sustainable brands as well as business practices. A number of manufacturers in the industry are already into creating environmentally and economically sustainable business practices for unprecedented growth in the manufacturing domain. They have also been focusing on developing and delivering carbon-neutral goals and are dedicated to getting quantifying efforts. 

Since a number of manufacturers are connecting the equations between profits and sustainability this could be the most demanding trend of the manufacturing industry in 2022. 

As per Gartner’s report, it has been estimated that by 2024, manufacturing businesses would often outperform their competitors by around 70% in satisfying their customers through ecosystem partnerships. 

 

B2B to B2C Transformations 

Manufacturing industry have been constantly transforming their focus on B2B to B2C due to numerous factors including higher margins, brand control, and more. Hence, it has become mandatory for them to enhance their operations to deliver quality customer services. Also, they should start supporting e-commerce businesses for varied business operations. However, among the highest priorities, secure payments, quick delivery, online customer services, and digital marketing will stay at the top. 

 

Down The Line

So, these were the best manufacturing industry trends in the manufacturing industry in 2022.

To cope with the constantly changing market and customer demands, manufacturing businesses should focus more on retaining talented employees despite the declining labor force. In terms of efficacious supply chain management, the disruptions should go for workarounds through effective communication internally. In order to build higher flexibility, organizations should diversify the workforce since automation and robotics would become more prevalent. 

Concluding on building eco-friendly manufacturing, professionals would be emphasizing achieving carbon neutrality. Also, businesses would make additional efforts to deliver continuous development and learning platforms to the workers while attracting and retaining them. 

As per the Gartner predictions, around 20-25% of industrial manufacturers would be in support of EaaS (Equipment as a Service) along with IoT capabilities. 

STAY UPDATED

Subscribe To Our Newsletter

  • This field is for validation purposes and should be left unchanged.

 

At Sage Software Solutions (P) Ltd., we are home to world-class ERP software and CRM software that will solidify your business tech support fundamentals and enable you to build a customer-centric organization. You can also write to us at sales@sagesoftware.co.in.

Disclaimer: All the information, views, and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views, or objectives of Sage Software Solutions (P) Ltd.

3 Ways How Collaborating With AI Will Minimize Workforce Disruption

3-Ways-How-Collaborating-With-AI-Will-Minimize-Workforce-Disruption
Reading Time: 2 minutes

We are on the brink of the Industrial Revolution 4.0 and there is a wave of despair across the globe. People are scared that automation may lead to workforce disruption on a big scale. They think they might lose their jobs to highly advanced robots. But industry leaders suggest otherwise. Elon Musk recently said that Tesla’s biggest mistake was to be over-reliant on automation. Researchers have found out that companies that focus on human and AI collaboration outsmart those that focus only on automation by three times. This is why companies need to reimagine the workspace as a place where AI and humans collaborate. Hence. they must focus their attention on preparing their people for the impact that AI is going to make soon.

This article puts forth 3 ways how collaborating with AI will minimize workforce disruption.

1. Focus on their relative strengths

It’s not about displacing the weak for the better rather focusing on their relative strengths. Humans are much more capable when it comes to subjective qualities – leadership, creativity, judgment, and teamwork – while AI brings super fast speed and scalability. Imagine a situation where you, an automobile manufacturer, are planning to sell your products in a completely new sector, say defense forces. In such a situation you might lack relevant data, a prerequisite for AI for making forecasts, and analyzing market demand. Thus, in such scenarios machines will be rendered useless and humans will play a pivotal role.


Also Read: The Technology Trinity: AI, ERP, and Cloud


2. Empower your people to learn the technology

Researchers suggest that it’s not AI that will be the cause of workforce disruption, rather workers who will use AI will displace those who don’t. Companies should train their employees and reduce barriers by implementing drag-and-drop and point-and-click type AI features that make it easy for employees to adopt this technology. This will exponentially increase the capability of your workforce. For example, marketers will be able to use techniques such as regression and cluster analysis for exploring new customer segments that fall right into your niche.

3. Upskill your workforce

With the advent of AI, employees must operate differently. They need to shun their old patterns of thinking and adopt new ways of doing jobs. This requires a massive upskilling program. But industry statistics haven’t been very welcoming. The research found that although 67% of companies acknowledge that their employees don’t have the required skills, only 26% of senior executives believe that their workforce is ready to learn about AI. Budgetary constraints and lack of appropriate training technology were quoted as reasons for holding back upskill programs. Also, most companies that have started imparting training sessions have limited it to the analytics department only.

This shows that companies lack an enterprise-wide plan to conduct training and upskill their workforce.

AI is bound to cause workforce disruption. It will make operations lightning-fast, provide accurate data, and furnish rich insights. But this can only happen when companies build suitable training programs for their workforce on subjects like automation, machine learning, and AI. Curbing workforce disruption is not only an economic incentive but a moral obligation as well.

At Sage, we are home to world-class CRM, ERP and HRMS software that will make remote working a piece of cake, boost employee productivity, synchronize inter-departmental activities, and generate more profits.

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

COVID-19 Will Drive the New Wave of Business Innovation

New Wave of Business Innovation
Reading Time: 3 minutes

COVID-19 Will Drive the New Wave of Business Innovation

Since time immemorial, humans have been facing black swan events. These are those events that are unpredictable, have wide-spread ramifications, and change our perspectives completely. Some of the notable black swan events have been the black death in the 1300s that killed about 75-200 million people in Eurasia and North Africa ultimately resulting in more food and land for peasants. Or the SARS pandemic in 2002 that laid the foundation stone for e-commerce companies like Alibaba. Or the 2008 financial crisis that caused the rise of asset-sharing business models like Airbnb, Uber, etc. The current COVID-19 crisis is next in the league and intellectuals all across the world are trying to decipher its effects on the world economy. And the aftermath of the pandemic once a viable vaccine is developed and distributed among the masses. This article discusses 2 new impacts of how COVID-19 will drive the new wave of business innovation.

1. A new form of the global supply chain will emerge

The current supply chain system functions on the principle of keeping costs low and quality relatively constant, which is why most companies have their manufacturing hubs in China. But this steeply increases concentration risks because companies are over-dependent on one country for their production. And as luck may have it, with a large number of manufacturing facilities shut down in China due to the pandemic, this has proven to be a bad strategy. COVID-19 will drive the new wave of business innovation and will see the emergence of a supply chain that will:

  • Be distributed across geographies
  • Have a large web of vendors instead of relying on a few
  • Make use of technologies such as IoT, Blockchain, and 5G to stay connected
  • See greater adoption of drones and self-driving cars to deliver products

Also Read: COVID-19 Impact on Supply Chain Business


2. Governments that act instantly will rule the roost

When the world has come to a standstill, some governments have astonished us with their pace of action. For example, South Korea tested more than 200,000 citizens for COVID-19. It also built an application to monitor the movement of infected people and alert the uninfected. Then, China built a hospital spanning 645,000 sq. ft in a record-breaking 10 days. Another example is India which announced a 21 days lockdown, conducted rapid testing, and launched an application “Aarogya Setu” which uses a person’s mobile phone and Bluetooth to ascertain whether they have come in contact with an infected person.

So how does this point explain that COVID-19 will drive the new wave of business innovation? It’s because organizations and institutions that can take quick actions during calamities will draw investments in the future. Their level of preparedness, ability to adapt according to changing circumstances, and resource allocation proficiency depicts that if we are ever to encounter such black swan events in the future, the financial losses will be minimum, and businesses will be able to restart their operations without much difficulty.

Pandemics occur once in decades but they alter our perceptions, change the way we live, and most importantly, transform the way we do business. COVID-19 will drive the new wave of business innovation as the companies that build a methodology to deal with these changes will compete effectively while those that don’t will dwindle in obscurity.

At Sage, we are home to world-class CRM, ERP and HRMS software that will make remote working a piece of cake, boost employee productivity, synchronize inter-departmental activities, and generate more profits.

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

When Lockdown Crisis Pops In, Send Invoices through Emails

Lockdown
Reading Time: 2 minutes

The current lockdown has put excessive restrictions on the movement of goods and their corresponding bills. This has been the major cause why economies around the globe have come to a virtual standstill. The digital mode of payment is extending its roots, but remember that cash still rules the roost. This is why digital transactions are gaining wide credence in the business world. This article discusses 5 reasons why invoices through emails will revolutionize the payments industry and garner massive growth in the post COVID-19 world too.

Here are the top 7 invoice problems that companies often face:

  • Strong reliance on manual data entry due to customary reasons
  • Human errors in the data entry process
  • Invoices often get misplaced
  • On-time payments are a myth
  • Mismatch in the procedure of issuance, processing, and payment of invoices followed by different companies
  • Lack of an efficient system for accounts payable and accounts receivable
  • Lack of training in dealing with online payments

Are you facing one or more problems stated above? Are you looking to incorporate e-invoicing in your company? If yes, then you should pay deep attention to the points discussed below.

  • Invoices through emails cut down the unnecessary steps that are rampant in manual invoices thereby saving time for both – you and your customer.
  • Online invoices are paperless documents that save postal fees.
  • Online invoices are free from human errors.
  • According to the report, invoices through emails can save up to 90% on processing costs and cause on-time payments to rise up to 59%.
  • It takes less time and demands less effort to pay an e-invoice, which is why in most cases the customers pay instantly.
  • Online payments help reduce the consumption of paper and thus save trees.
  • Online payment software automatically alerts about the sending, receiving, and payment of the e-invoices.
  • Invoices through emails are easy to keep a note of since the advanced analytics keep track of account payable and receivables all at one place from where they can be accessed anytime.
  • Digital invoices are highly secure and data-theft is next to impossible
  • Digital invoices can be easily customized according to your customer’s requirements.

The COVID-19 pandemic has brought the entire supply chain to a standstill. Customers are facing order delays, payment delays, and have to wait for long periods to receive their products. This can be a major cause of sour relations between producers and final consumers. Digital invoicing does its bit in mending the hard-hit supply chain industry by increasing the speed of payments.

 

At Sage, we are home to world-class CRM, ERP and HRMS software that will make remote working a piece of cake, boost employee productivity, synchronize inter-departmental activities, and generate more profits. To know more about it, SMS SAGE to 56767. You can also write to us at sales@sagesoftware.co.in.

 

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

5 Payment methods that Businesses should integrate

5-payment-methods-that-businesses-should-integrate
Reading Time: 2 minutes

With the entry of millennials and Generation Zers in the market, you can no longer rely only on traditional payment methods. This set of new customers expect everything to happen in a second and from the comfort of their home. Cash transactions are outdated and cannot fulfill their need for instant gratification. This makes it imperative for small businesses to integrate their websites and mobile applications with payment gateways as swiftly as possible. This article talks about the top 5 payment gateways for small businesses to attract the modern customer and outshine their competition.

 

Top 5 Payment Gateways for Small Businesses

1. Mobile payment apps

 

According to the report, the transaction value of mobile payment apps is expected to go up from USD 64.78 billion in 2019 to USD 134.58 billion in 2023. This has been made possible by a plethora of safe mobile payment applications such as Google Pay, BHIM, Samsung Pay, etc.

 


Also Read: Future of Mobile eCommerce


 

2. Online payments

 

Out of all the payment methods discussed in this article, online payments are probably the most important from the perspective of the business. It provides large swathes of information about the customer – name, age, buying behavior, buying history, etc. which are imperative to create a customer profile.

 

3. Messaging apps

Messaging apps were one of the first applications before the advent of real-time message apps that were used for sending messages to your near and dear ones. But with the advent of real-time chat applications, they lost their sheen. Recently, they have been integrated with eCommerce platforms and appear to regain their lost status. For example WeChat.

 

4. Prepaid Cards

Prepaid cards are one of those payment methods that have found an important place in eCommerce. Customers can transfer a particular amount of funds from their credit/debit cards into their prepaid cards and shop until it exhausts. This saves them from the need to put their card number, PIN, CVV number every time they purchase a product.

 

5. Pay later solutions

The “Pay later” has emerged as one of the most important payment methods in the industry. It is being readily accepted by customers because it allows them to pay at a later date. This has been made possible by the advent of modern AI and machine learning algorithms that segment different customers according to their income and predict a varying threshold for each one of them.

Small businesses need to come out of their brick and mortar mindset and integrate digital payment methods to attract new-age customers. At Sage, we are home to world-class ERP software that will enable you to integrate different payment methods with your small business.

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

 

What happens when the COVID-19 storm calms down?

Covid-19
Reading Time: 3 minutes

The recent lockdown and other long term decisions taken by the government to curb the spread of COVID-19 have changed the way companies function. With every geography, industry, and function severely affected, companies need to create a strategy to deal with COVID-19 effects today and prepare for days when the storm calms down. We shouldn’t forget that humanity has survived many pandemics in the past and it’s only a matter of time that we will sail through this one too. This article focuses on what companies should focus on once the virus has been exterminated and things are back on track.

What companies can do once COVID-19 effects wither away?

  • Remote working: Due to the recent lockdown imposed by the government to curb the COVID-19 effects, companies across every industry have been asked to allow their employees to work from home. This has come as a boon to both – employees and employers. It has been beneficial for employees because remote working cuts travel time allowing them to spend extra moments of happiness with their families and friends. And for employers, because they have recently discovered that remote working can help them save heavy workplace rents. It is highly likely that once the COVID-19 onslaught is over, companies call employees working only in those departments to the office that cannot make any worthwhile contributions without their physical presence. And rest may be allowed to work from the comfort of their home.

Also Read: Engage Your Premium Customers Remotely


  • Saving money on travel: To bring down the intensity of the COVID-19 effects, governments across the globe have issued a temporary ban on the airline industry. This has encouraged the use of video call software such as Skype, allowing employees to interact with clients working in the other half of the globe. Once COVID-19 has been done away with, it is highly likely that video conferencing will become the norm as it will allow companies to trim travel costs and cut expensive stays at five-star hotels.
  • Fall of brick and mortar stores: People have seen the disastrous effects of COVID-19. And concerns grew exponentially when newspapers reported that even paramedics, celebrities, holy men, and national leaders do not fall outside the ambit of the virus. Thus, people will become more health-conscious and it is highly likely that they wouldn’t like to move out of their home even for buying food. They would rather depend on home delivery apps. Also, people will keep away from recreational activities such as watching movies in a theater or visiting malls on the weekend to save themselves from picking a life-threatening virus. These factors may lead to the weakening of brick and mortar stores and strengthen online businesses.

Humanity has never encountered a virus as contagious as the Coronavirus. Scientists across the world are trying to make a vaccine but all efforts have gone in vain. The death toll is rising with every passing day. Companies have been quick to make changes in the way they function and experts suggest that they will continue even after the threat of the virus would have subsided. Adoption of enterprise technology will soon become mandatory. At Sage, we are home to world-class ERP software that will help you fight against the virus and boost your productivity like never before. To know more about it, SMS SAGE to 56767. You can also write to us at sales@sagesoftware.co.in.

 

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

 

Boost Business Immunity through COVID-19 Situation

Business Immunity
Reading Time: 2 minutes

What is Enterprise Technology?

In the current times of COVID-19 crises, work-from-home has become a norm. This is where digital technology makes its mark. It helps employees stay connected 24/7, allows companies to keep in touch with customers, and enables them to keep a watch over business activities from the factory floor.

Let’s study how enterprise technology – ERP and CRM software – help boost business immunity to tackle COVID-19 situations appropriately.

How can ERP be used to handle the COVID-19 situation?

  • It enables companies to integrate traditional domains such as marketing, finance, manufacturing, supply chain and increase their productivity many times.
  • It helps supply chains to – schedule jobs, ascertain what resources are being used, create BOM (Bill Of Material) and update shipping documents.
  • It helps the manufacturing department to – reschedule workflow as per customer demand, update current stock of raw materials, and order out-of-stock materials in advance.
  • It helps the finance department to – store billing information, generate invoices automatically, inform customers about price changes, etc.

How can CRM be used to handle the COVID-19 situation?

  • Allows access to customer data and creates customer profiles.
  • Enables interaction through different communication channels such as email, video conferencing, social media, etc.
  • It allows customers to post queries and retrieve solutions as soon as possible.
  • It enables customers to form communities and seek help from each other.
  • Automatically sends any recent changes made in the company policy to customers.

Though humans are vulnerable to the virus in the absence of a vaccine, companies are not. Give a dose of enterprise technology vaccine to your company and boost your business immunity in times of crisis. At Sage, we are home to world-class ERP and CRM software that helps you minimize operational costs and maximize profits.

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.

Why Some Businesses Stayed Unaffected Despite The Pandemic Toll?

Business
Reading Time: 2 minutes

As per the WHO report, the novel coronavirus has spread in 212 regions with more than 1.3 million confirmed cases and more than 80 thousand confirmed deaths. With the virus taking roots in India, the government has announced a nationwide lockdown that appears to extend beyond the intended timeline. The COVID-19 outbreak has stalled economic activity and will cause millions to lose their jobs. This article talks about 3 sectors that have stayed unaffected from the pandemic toll and the reasons behind it.

Healthcare

A thorough examination of the vital signs of the healthcare industry shows that it has virtually remained unaffected by the pandemic toll. This has happened because of three reasons. Firstly, India has a huge supply of active pharmaceutical ingredients that are required to produce the final medicinal product. Secondly, to curb drug shortage the government has committed a whopping sum of Rs. 10,000 crores to encourage the pharma companies to fill their much-needed stockpiles. Thirdly, due to the sudden spike in Corona affected patients – laboratories, clinics, hospitals, and other medical institutions have registered increased footfall.


Also Read: ERP for Healthcare Industry: Keeping it Fit and Fine


Telecom

As per experts, social distancing is the only way to fight against this pandemic toll. Thus, as per the government directive, every company has asked its employees to work from home. As per SBICAP securities, this has come as a boon for the telecom sector as it is expected to boost mobile data and home broadband usage by 10-15%. Also, telecom companies are providing bundled plans that provide more value and ensure customer stickiness.

Insurance

The pandemic toll is rising with every passing day. And without any vaccine available for its cure, the grim conditions are going to persist for a fairly long time. Though it is a testing time for the whole of humanity, it has turned out to be favorable for the insurance industry. People are worried about their future and are readily buying insurance plans – health insurance, life insurance, term plans, etc. Secondly, IRDAI (Insurance Regulatory Development Authority of India) asked insurers to cover COVID-19 patients and see that their needs are met without any delay.

It is difficult to gauge the real impact of the COVID-19 yet. Governments, scientists, businesses, social activists, etc. are continually trying to fight against the virus. Though most businesses are failing, there are some that are giving it a tough fight. This is because they have a well structured business utility plan and they rely on enterprise technology. At Sage, we are home to world-class ERP and CRM software that helps you run your enterprise like a pro in times of crisis. To know more about it,  You can also write to us at sales@sagesoftware.co.in.

Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.