Here are some of the best inventory management software for small businesses.
1. Zoho Inventory (Popular)
2. Orderhive (Most Powerful)
3. Ordoro (Most versatile)
4. Fishbowl (Best for QuickBook users)
5. Veeqo (Most user-friendly inventory software)
7. Unleashed (Best for businesses with multiple locations)
8. InFlow (Honorable mention)
9. Cin7 (Honorable mention)
10. Tradegecko (Honorable mention)
I hope my answer is useful.
Accounting is the most significant process in any business. It requires high-level accuracy and efficiency. You cannot have exact figures on your fingertips if the accounting process is not carried out systematically. Moreover, all the financial decisions of the company depend on the accounting reports generated through your accounting system. A manual accounting system can never provide accurate figures due to which the outcome of your financial decisions can result in business failures.
With the growth of any business, the complexities in financial transactions also increase. It becomes quite difficult to manage accounts manually. Managing accounts manually means consuming a lot of time and inviting a lot of human errors in your accounting reports. Well featured accounting software can help you eliminate the limitations of manual accounting and save you from the monetary disasters in your business.
The below comparison chart of manual accounting v/s. Accounting software depicts the reasons why using accounting software is better than using manual accounting methods to record financial transactions, auditing, and generating reports.
PPC stands for Pay Per Click. It is an online advertising model and a quick way to generate traffic. More traffic means attracting more revenue.
In the PPC campaign, the advertiser publishes your product ads on their website(Google, Facebook, Bing). Whenever some visitor clicks and reaches the landing page of your website, you pay to the advertiser. You pay only for those ads that are clicked.
The amount you are liable to pay for your PPC campaign depends on how your competitors’ bid for the same ad placement. This bidding happens in real-time.
Types of PPC Ads:
Why do your business needs pay per click campaign (PPC)
Just like any marketing strategy, the PPC campaign can yield a better result with measurement, analysis, and constant iteration.
Listed below are the reasons as to why your business needs a pay per click campaign :
Important notes on PPC campaign:
For most business owners, the first feeling is that PPC could be handled without any expert guidance. But running a PPC campaign in a competitive market is altogether a different ball game. Without expertise, it is like you are running on a treadmill, and you are going nowhere. To achieve desired results without excess spending, always seek expert advice or tap on some of the top Pay Per Click (PPC) companies.
List of top Pay Per Click (PPC) companies
Wrapping up: There is no doubt that the PPC campaign can yield a better result for your business, but it is equally important to know whether it is worth your business. It looks simple, but it requires thorough study before implementation, or else it will take away all your hard-earned money in a blink of an eye.
Consuming business services through virtual technology is a blissful experience and a luxury for e-consumers. The credit goes to the Internet, Cloud computing, and Software automation that has helped business owners render their services online without any hiccups.
Thanks to these technologies’ subscription-based business models that today, companies like Netflix have flourished, allowing us to catch up with our latest shows on our TV from anywhere in the world. Not surprisingly, today are umpteen businesses that make use of various business models to make millions from their small cubicle.
( Image Source: Paykickstart)
But behind the curtains, there are some handful of tools and recurring payment software that make this magic happen. These automated tools deduct fixed amounts from consumer account at regular intervals as per the decided plan. They activate and resume the service or product access without any human intervention. And not just activate the plan but also informs about the updates.
The recurring payment software allows service providers to take complete control over the billing cycles. It helps them generate revenue and get away with all the payment related bottlenecks - means no more piling of invoices or delay in payment. Meanwhile, the consumer avoids late payment fees as well as undisrupted services.
Few platforms are expensive and charge as per subscription, while others may charge for each transaction done through them.
Things one should consider before picking up recurring billing software for SaaS are:
Some of the best recurring billing software tools for SaaS business includes,
To shed more light on recurring billing software for SaaS business, here is the comparison table of the recurring billing tools mentioned above.
Wrap it up: Don’t rely on guesswork while choosing recurring billing software for the SaaS business. Various businesses have set criteria for their billing payment and cross-checking them against the software’s features is the best way to pick the right software for your business. Also, pricing is an important factor as some of them take a percentage of your revenue as their fees. So a thorough analysis is always recommended.
When you buy a product on Amazon or book a flight through some airline’s application, you are exposed to their underlying data management system. A robust database system stores data securely and transmit them as per the user's request/query. With millions of data exchanged over the database interface, the complexity cannot be ignored.
A database management system like PostgreSQL overcome this challenge. It empowers the business process to interconnect with each other seamlessly and complete the transaction successfully.
( Image source: Udemy)
PostgreSQL is free and open-source software. It is the first database management system that implements a multi-version concurrency control (MVCC) feature, even before Oracle. It enables you to add custom functions developed using different programming languages such as C/C++, Java, etc. Their relational data management system has great advantages on traditional DBMS. Check the difference below.
Difference between DBMS and RDBMS
Features one must consider before choosing the database system for a business operation.
There are other alternatives to PostgreSQL that could fit into your business model, depending on the size of your business. But before jumping straight to PostgreSQL alternative, check some of the leading data management system of 2019.
Top 10 Database Management System of 2019
(Image source: db-engines)
Top 10 Alternative to PostgreSQL
Below list compares the features of PostgreSQL alternatives.
Xero and QuickBooks Online are the biggest names in the online accounting industry. They are among the top-rated cloud-based accounting software programs that can be of great use for any type, and size of businesses. Although both offer exceptional and functional features, there is always a debate on which one wins? Xero Accounting or Quickbooks?
According to me, with just few surface-level variations, the majority of functions they perform related to invoicing, bills payment, and bank reconciliation are quite similar. Hence, the difference basically comes down to the ease and convenience.
First, let us review them separately before analyzing the difference.
Xero is a robust accounting solution that has been around since 2006 and assures absolute mobility, flexibility, and accessibility to its users. It can automate as well as streamline your core accounting and bookkeeping tasks, and related business processes. Xero also offers an impressive feature-set for unlimited users with over 700+ integrations.
QuickBooks Online arrived in the market in 2004, and soon it became the closest rival to Xero in terms of popularity and capability. It comprises advanced accounting features, 550+ integrations, streamlined invoicing, and a lending feature. It can efficiently perform all essential and complex accounting functions for small businesses and freelancers.
Comparison between Xero and QuickBooks Online
Let us compare their features based on few core offerings;
Paying a new bill is simpler in Xero billing and invoicing than in QuickBooks Online. In Xero, you just have to reach the “purchase” option under “accounting” section, and then select the “new bill” option. There are few more lengthy steps involved in QuickBooks billing procedure.
Expenses can be automated in both of them, but QuickBooks Online includes this offer only on the higher plans. It is easier to setup the recurring bills in Xero using the “repeating bill” option available in the accounts menu. In QuickBooks Online, it is far more painful.
Xero surely takes the upper hand when it comes to the payment of the repetitive monthly expenses.
(QuickBooks Online Billing)
Dashboard of QuickBooks Online displays only the expenses paid and not the bills accrued.
It is easier to customize invoices in Xero by uploading a template through the ‘settings’ menu. In QuickBooks online, you have to spend more time in setting colors, company logo, and layout of the invoice.
Xero offers an inventory tracking facility at all subscription levels without charging extra. QuickBooks Online charges additionally for its inventory functions.
Xero’s payment processing requires signing up with an external provider like PayPal or Stripe that assures a security measure ahead. Direct-click option for credit card information available with QuickBooks Online makes it vulnerable and risky to use.
Check the invoice-related comparison chart given below for both the solutions:
Xero provides its users with an equity statement that is useful if there are investors associated with the business. This option is not available in QuickBooks Online.
QuickBooks Online provides only a few reports related to total wages, payroll taxes, employees’ details, and workmen’s compensation. On the other hand, Xero offers far more reports with some built-in human resources functions, like wage garnishments, time-off requests, and balances, etc.
(Reports in Xero)
(Reports in QuickBooks Online)
Xero and QuickBooks Online follow a tier-based pricing model. The basic difference can be observed as Xero restricts pricing at its lowest level, whereas QuickBooks Online enhances cost with any additional feature used.
Let us compare their pricing plan through the table given below:
Compared to QuickBooks Online, Xero has the lowest pricing at the lower level plans.
QuickBooks software assures immense customization and complexities that should be learnt before using. Lack of user-friendliness makes the learning longer and so it creates boredom. On the other hand, Xero software interface is user-friendly with a simpler workflow and clearly labeled functions.
6. Advanced Functions:
Xero software comes with an additional feature of fixed asset functionality to calculate depreciation, disposal schedules, and fixed assets reconciliations. There are no fixed assets modules built-in to the QuickBooks Online software. Hence, everything is handled there manually.
Xero vs. QuickBooks Online at a Glance
With just few minor differences, both Xero and QuickBooks offer great accounting experience. If you are running a small business set-up, then Xero can be your right pick.
As per my analysis, Xero can be the best choice for cloud-based accounting software, especially for smaller businesses. It offers a straightforward interface so that you can get less time to start with. Amazing dashboards and home-screens for all functions help the firms to focus on keeping day-to-day business operations running smoothly.
Overall, Xero and QuickBooks can be the best and the most trusted accounting software solution to manage and streamline your business accounting processes efficiently. It is all about your business size and the tool that you will be comfortable working the most.
LSS Private Limited deliver more then 100+ POS(Point of sale) in Dubai. This software is highly custom-able with client uses. POS feature is also inbuilt in this software are: Sales Reports, Adapt the Product Offers, Save Time, Preferment Loyalty Program, Employee Management, Reduce Mistakes
There are so many other products that are also famous like HRMS, Accounting, Billing System, Project Management System, ecommerce, School ERP, Online – Offline Web Application, CRM, ERP
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