What is Dead Stock and How to Manage It Effectively with ERP?
What is Dead Stock? Dead stock refers to inventory items that remain unsold for a long period, and the chances of selling them in future
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What is Contract Lifecycle Management (CLM)?
Contract lifecycle management is the process of managing contracts efficiently throughout the entire business lifecycle, from creation of contracts to renewals and terminations, with the
What’s the Difference Between Gross Sales vs Net Sales?
Gross and net sales are two important sales metrics that reflect the revenue earned by the company over a specific period. However, each metric serves
What is Working Capital Management?
Working capital management is an ongoing financial activity that helps businesses maintain sufficient liquidity to meet their day-to-day operational expenses. It enables them to improve
Net Realizable Value (NRV): Why It Matters In Accounting?
What is Net Realizable Value (NRV)? Net realizable value is an accounting concept to determine the true value of a company’s inventory by subtracting selling
A Complete Guide on Indirect Costs in ERP
Cost analysis is a crucial process for businesses across different sizes and industries. It provides valuable insights into your company’s cost structures and spending patterns.
Top 10 Automotive ERP Systems in 2025
Technology plays an important role in transforming a business’s core operations. Automotive companies are no exception. As the market for the automotive companies in India
What is Lean Inventory Management ?
Modern-day businesses across a wide range of industries operate in a highly competitive and customer-centric environment. As such, they have to constantly strike a balance
Top 10 Food and Beverage ERP Software in 2025
Food and beverage manufacturers in India face a multitude of challenges — demand uncertainties, frequent stock-outs, food spoilage & waste, complex formula management, and compliance
India’s Top 12 Manufacturing ERP System in 2025
In today’s highly dynamic business environment, it’s crucial for manufacturers to stay within budget and proactively address their business challenges. Furthermore, managing costs has become