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Insurance ERP Software

How Insurance ERP Software Helps Companies Succeed

What is Insurance ERP Software? Insurance ERP (Enterprise Resource Planning) software is an industry-tailored application that unifies all the processes in the insurance industry from purchases, sales, marketing, insurance plan
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Craft Production

What is Craft Production ?

Globally, there is a vast digital explosion, and most sectors are automated. However, there is still the production of handcrafted products sold worldwide. If the handcrafted business is expanding more,
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Types of GST Returns

Types of GST Returns

Every business owner and dealer who is registered under the GST system must file GST returns based on the nature of their business or transactions. In this blog, let’s learn
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Costing Methods

Costing Methods and Techniques

Manufacturers have the challenging task of setting the pricing of the product. With increasing competition in the market, the manufacturers cannot set the pricing to be too high. If the
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Capital Budgeting

Capital Budgeting : Meaning, Methods and Importance

What is Capital Budgeting? Capital budgeting is the process of determining the return potential of investments made in long-term assets, such as buying land to set up a plant, starting
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Lot and Sub Lot expiry Management and Allocation rules in Sage X3

Lot and Sub Lot Expiry Management and Allocation rules in Sage X3

Many organizations deal with sensitive products that can turn hazardous when consumed by humans after their expiration. A few examples of such products are packed food and pharma products. You
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erp for automobile industry

ERP for Automobile Industry

What is ERP for Automobile Industry? ERP for Automobile Industry is a strategic business process management software that allows automobile companies to prudently manage their auto parts, streamline the information
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Capacity Requirements Planning

What is Capacity Requirements Planning? Types, Benefits and Strategies

A manufacturing process requires a lot of planning before it commences. The planning is required to see what’s coming, significantly if it impacts the business’s revenue. Capacity requirements planning is
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What is BOM Explosion?

What is BOM Explosion?

We all know what a bill of materials is for businesses. It is a significant step in the manufacturing process. It is also known as assembly components lists, product structure
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Date Format Setup in Sage X3

In Sage X3, there is always the basic requirement of clients to setup the date format as they want like DD/MM/YYYY , MM/DD/YYYY, YYYY/DD/MM , etc. in reports, transactions ,
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Types of GST

Types of GST in India :SGST, CGST, IGST and UTGST

In the year 2017, the Indian government made an announcement regarding the indirect tax regime GST (Goods and services tax). GST replaced other taxes such as state VAT, customs duties,
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Fixed Costs

Fixed Costs: Definition, Examples and How to Calculate

Definition: Fixed costs, also known as overhead costs, differ from variable costs which tend to increase if business produces a larger number of units. What is Fixed Cost? Fixed costs
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