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it-enterprise-solutions-philippines

What Does an IT Enterprise Solutions in the Philippines Do?

As most of us are aware of, change is the only constant thing in this world. The things that used to exist soon struggled to survive and only a very few remained while at the same time, new stuff started to appear. Over the past hundreds of years of existence, humans, the same as everything else in this universe, never stopped developing and learning. The things that used to be so difficult to do became easier and easier as time goes on due to different technologies we have come up with.

Unlike before when everything is done manually by humans, most of the tasks are now being completed automatically by machines, computers, software, and application. An IT business solution or apps is just one great example of the kind of technology that has helped businesses, organizations, and us workers to do our tasks in a far easier way.

What is an IT Enterprise Solution?

Even though there is a lot of IT enterprise solutions in the Philippines, most of us might still not be aware of what it is exactly. There are actually so many ways to define what an IT enterprise solution is but generally speaking, it is an integration of a number of different applications, protocols, and formats and could be a combination of both hardware and software carefully created to meet the demands and solve practical problems and technical issues of different types of companies and organizations.

As you can see, an enterprise has more comprehensive demands for availability, compatibility, reliability, scalability, performance, and security of their systems compared to consumers and small companies. Though regardless of the company’s size, IT solutions were created to make it possible for businesses to perform critical tasks such as (but not limited to) distributing information all throughout the company, saving data, and providing managers with real-time reports of operations. It is best, however, utilized by large companies with 500 computer networks.

Types of Enterprise Systems/Solutions and What it Does?

Since companies differ from one another, each has their own demands and various reasons for getting enterprise systems. It could be because they want to provide access to integrated business knowledge and increase the productivity of their employees, to consolidate data and have it analyzed in the most convenient way possible, or to simply minimize the efforts of workers who take care of the company. Listed below are the three types of enterprise systems that every company can take advantage of.

  1. Customer Relationship Management

The main purpose of Customer Relations Management (CRM) system is to increase the company’s sales by managing consumers in the most efficient way. This system records what the customer wants and how this behavior involved with buying is addressed in a systematic way. Basically, any details about customers can be recorded in this system and can be made accessible to anyone else in the company. With the customer’s consent, these details may include personal contact information, gender, address, as well as buying history, complaints, and even returns. For example, in a cafe that has different branches all over the world, the CRM system can record and recognize what their regular customers always order, their favorite flavors, toppings, and the likes. This system can sort all these data which allows the manager to identify their best seller (could be based on location or in general), what works and what does not, and many more. CRM allows employees from other locations to access, update, and compare these data which can help the company enhance its existing products and services and create new ones based on their customer’s feedback and buying behavior. Some CRM systems are also able to send emails and text messages which can considerably help the marketing team in disseminating information.

  1. Supply Chain Management

A supply chain is the collection of people, tasks, equipment, data, and other resources needed to build and transfer products from a company to its customers. Its most common activities include the sourcing of materials from trusted suppliers, production of goods, development of the products, and the likes. Now, managing a supply chain is not that easy as efficiency is so vital in doing such. Supply Chain Management (CSM) Systems are created to take care of it, avoiding errors and allowing companies to provide products to their customers in a faster way. Because of CSM systems, the supply chain’s daily activities can now be done and monitored automatically, preventing problems such as running out of raw materials since the system can determine when it is time to order some from your suppliers. CSM systems are also able to track where the products are, making it possible for you to see if something is wrong, or if it takes too much time. These features allow you to provide updates to customers and set their expectations efficiently.

  1. Enterprise Resource Planning (ERP)

The enterprise resource planning system is a combined software application of sales, financial transactions, human resources activities, and inventory management systems. ERP systems made communication and sharing of data from one channel to another possible, making it easier and faster for different channels to perform their tasks accurately. Let us use a company that sells bags without an ERP system as an example. If the sales team landed a client, they would have to contact their accounting department and relay the new client’s information and order. The accounting team would then see if the new client is qualified and the orders are approved which would then require them to call the sales department again. Then someone would have to coordinate with the production team and see if the orders can already be processed or if it will take them a few days to have it completed. All these transactions involve communication from each department and the client until the order is fulfilled. Using an enterprise system, however, can take care of these tasks automatically which speeds up the process and reduces human error.

Selecting the right enterprise system can hugely improve the company’s productivity, increase sales, and make management decisions much more effective while decreasing its expenses at the same time. IT enterprise solutions are such a big advantage especially if you have competitors who are already using such. If you would like to know further what this system can do to improve your business operations, do not hesitate to contact Inaveit Systems Technologies Incorporated and talk to them about your business needs.

Sources:

https://bizfluent.com/info-8061463-types-enterprise-systems.html

https://smallbusiness.chron.com/three-different-types-enterprise-systems-73267.html

https://mywestford.com/blog/types-of-enterprise-systems-in-business/

pos-system-philippines

What Does a POS System in the Philippines Do?

Whenever you eat at your favorite restaurant, or when you make a purchase from a retail shop, you are completing a Point of Sale or POS transaction. Generally, a POS transaction is what takes place between a merchant and a customer when a product or service is purchased. These kinds of transactions need a powerful and well-organized system to help the managers, owners, and employees or workers take care of the business more efficiently and conveniently in so many ways.

Big and even medium-sized businesses usually often already have POS systems such as cash registers, card payment terminals, and the likes. It is very rare, however, for small businesses here in the Philippines to have such. To have a better understanding of what a POS system is, what it does, the cons, and if you should be having one or not, the next few paragraphs will explain this subject in detail.

What is a POS System?

Let’s start with defining what a POS system is. A point of sale system is a system that processes a POS transaction and is usually comprised of POS hardware and a POS software combined. These devices make the business transaction between the customer and the business possible. To elaborate this further, a POS terminal, for example, is not just one mere hardware that completes and records your purchases and payments. Just like our mobile phones, it also has a brain (software) that commands and allows it to do its job efficiently.

Normally, a POS system is a network of computers made up of the main computer linked with several checkout terminals and supported by different hardware features or machines that can process payments starting from barcode scanners and ending with card payment terminals which are the ones responsible for completing POS activities. This means that all the POS terminals in a restaurant or a store is interconnected in one main computer where all the transactions that occurred are being recorded and analyzed.

What are the Different Physical Components of a POS System?

A system is made up of a few components and a POS System is not an exception. Like what has been discussed earlier, it is composed of both software and hardware, and these are the most commonly used hardware parts of a POS system:

  • The Monitor or the Tablet

This displays the product information and allows other functions such as employee clock-in, viewing sales reports, and the likes. Tablets are getting more popular these days for replacing bulkier monitors.

  • Barcode Scanner

This device makes the checkout process automatic by extracting the product information and adds it to the checkout total. Barcode scanners are also able to integrate with inventory management systems to automatically regulate stock levels.

  • Credit/Debit Card Reader

This tool allows customers to use their cards for making payments, making it easier for both the customer and the seller who does not have cash on hand by the time of purchase.

  • Receipt printer

Paper receipts remain vital for providing customers with a quick record of their purchase or returns and is still required here in the country.

  • Cash drawer

This hardware secures a place to store cash for transactions. Though debit and credit cards are getting more and more popular these days, there is no doubt that cash is still used widely all over the country and having a cash drawer is very important.

There could be additional components than what is listed above depending on where a POS system is being used for.

What are the Main Features of a POS System?

Many tasks in a retail store can be really tiring and complicated and this is what POS systems will take care of for you and your business such as the following:

  • Sales Reporting

Allows you to generate completely detailed sales reports (based on the product, time, employee, total cost of items sold, total retail amount, net profit, profit percentage, gross margin and present charts on your business? sales performance.

  • Inventory Management

Scan and count products digitally, manage your stock, identify and track inventory with unique serial numbers, enable seamless ordering and consolidating purchases and orders.

  • Customer Management

Attach a sale/transaction to a customer, keep track of customers? purchase history, and many more. Some more advanced systems even have a built-in loyalty program.

  • Employee Reporting and Management

Add employees to your system, plan and modify schedules for employees, track employees? complete hours may it be weekly or monthly as well as overtime and analyze top performers.

A point of sale system is very critical not only for large businesses but also for small scale businesses. It is used in most storefront businesses and helps to manage everyday sales transactions and operations. If you think you can manually do what a POS system does, then you may think twice about getting such, however, it is important to know the risks involved.

Unfortunately, a POS system in the Philippines is not very popular to small businesses, ending up with their workers doing the tasks manually such as listing down the materials purchased (together with their serial numbers), its type, color and other significant description, the date of purchase, its price and the total amount which is computed manually too. Businesses that do not have POS systems also depend on the workers to take care of product records and inventories and nevertheless, as humans, no matter how careful we may be, errors may still be committed, and this can greatly affect the business directly.

If you don’t want to gamble your business being at risk for errors and such, having a POS system is your only option. Inaveit Systems Technologies, Inc. offers one of the best and most cost-efficient POS systems in the country which is designed to cater to different types of businesses. Do not hesitate to inquire by sending an email to sales@inaveit.com or technical@inaveit.com or you may give them a call directly at +632 559 2957 to know more about their products and services, pricing, and see if it fits your business needs.

Sources:

https://erply.com/pos-system/

https://www.softwareadvice.com/resources/what-is-a-point-of-sale-system/

https://www.posusa.com/what-is-pos/