Technology continues to rise, serving a channel in all divisions of the business, and the real estate industry in Pakistan is no exception. In the present day, it is more connected and mobile than before. Thus, businesses are easily operated from anywhere in the world. With the integration of ERP software, implementation of Artificial Intelligence,…
The COVID-19 pandemic is an on-going public health crisis that has caused the global economy to suffer an external shock. Despite this, in some countries, the textile industries may be a key driver for growth and employment. We cannot overlook the textile industry in countries building back after COVID-19. It is a rising sector on…
It is ordinary among business/company owners to think that the digital transformation process is complete after the execution of the enterprise resource planning system. Well, it is a misconception. The execution of the enterprise resource planning system is just the beginning, which follows a question, ‘now what’? Better storage and organization of data guide companies…
Enterprise Resource Planning (ERP) software is a very essential business tool for a firm to organize day-to-day activities on time. Textile ERP Software integrates different functions into a comprehensive system that streamlines information and processes around the entire organization. Textile and Apparel manufacturers are one of the most fast-growing sectors, providing job opportunities to thousands…
Since the 1960s, the ERP system has been around. This system gathers analyses, and stores data in the organization. One of the basic modules of an ERP system is the ERP system for financial reporting. It can collect financial data from various business units used to produce reports required to assess the real financial position…
Most businesses maintain a different system for both ERP (Enterprise Resource Planning) and accounting. It depends on the size of the company. In some cases, a company may not even have ERP software. Some might have acquired both these applications at a different time and implemented them for their primary purposes. These can be accounting…