Choosing the right ERP (Enterprise Resource Planning) Solution for your organization is the second important step. Selecting the right ERP consultant is the first important step. The right ERP consultant helps implement the best ERP Solution. Most Enterprise Resource Planning (ERP) solutions take anywhere from mere months to years to completely mix and merge into active businesses; they also have to be properly budgeted and planned.

The right ERP consultant helps you alleviate the annoyances and tension that may arise in the implementation a new ERP Solution. Most businesses hire third-party ERP consultants to help in planning and implementing a successful ERP software as it can be intimidating based on the size of the corporation.

Most notably, the right consultant or firm should help you in selecting the right ERP Software or ERP Solution. Enterprise Resource Planning (ERP) is a tough process and has to be meticulously done. It has to have proper planning and implementation. Nowadays, Cloud ERP Software is also looked at as it reduces the cost and is remotely available.

An ERP Development Company will look at various vendors and check all their plus and negative points. Most Enterprise Resource Planning (ERP) software will have the following components in them: a) Accounting Software, b) Finance Management Software, and c) Production Management Software.

Other than the above, the following things are to consider when choosing an ERP Consultant:

1. Background: You should know who the ERP business is from whom you are buying your ERP Software. You should review the list of employees you are going to be associated with. Do a basic check of their background on LinkedIn. Do they seem to be who they are? Any involvement in legal cases? Is only ERP software sold or do they provide services?

2. Business Experience: Check the experience of the ERP software firm. Do they help in ERP selection and/or implementation? Check and seen their past 25-30 projects. Check and talk to their references. Make sure to ascertain their delivery time from implementation to completion. Keep an on the results after implementation and service provided.

3. Consultant Experience: Check and ascertain the experience of the consultant. Are they new or are they with the firm for a long time? Look at their LinkedIn profile and see their past work and businesses they have worked with. How many successful projects have they completed? Do they work in the ERP selection or ERP implementation or ERP service? These all are different skills, but very much intertwined.

4. References: What type of business work with them? What is the size of the business have they worked with? References are important, but make certain they are real. Check and ascertain the references are also real. Have there been any derogatory comments made about competing consulting firms. Approach these firms about these derogatory comments. Sometimes you will get to know something different.

5. Chronology and Range: Get to know who will be working on the ERP project? Will they give the specific name? Look at the time schedule? Do they provide a project plan chronicling the process and methods to be used? Look if the plan matches their proposal? If they are not able to provide adequate details, then they may not do it as a business.

6. Working Methods: Look at the purpose of their work methods. Do these ethically complement their philosophy? Do they make use of business process improvement (BPI)? What other training do they provide in regard to ERP Software and/or ERP Solutions?

7. Decision Metric: Do they make use of a list during the ERP Software selection? How and why? Who uses this list? What do look for in the answers? Are the answers correct? How do they grade ERP vendors? Do they look at Cloud ERP Software? How long does it take you to use the ERP Solution? Check how they selected vendors? How did they select the final ERP vendor?


Readmore: http://www.zetamiddleeast.com/erp-software-uae-dubai-oman/

ERP Software in UAE | Cloud ERP Software in Dubai | ERP vendors in UAE | Accounting ERP Software in Dubai | Inventory Software in UAE, Dubai

02:11

The best Enterprise Resource Planning (ERP) system should influence every
part of your enterprise. The right ERP Solution helps manage enterprise activities which includes planning, R&D, buying, supply chain orientation, selling, and promotions. There are numerous Enterprise Resource Planning Solutions in the market. For your enterprise to make the correct ERP software choice, you should know how to select the best ERP solution for your needs.
The following points should help you to select the best ERP Vendor
1. What does the Vendor ERP Software Cost: ERP software purchase is
costly many times. You should know what the cost is. Ask the ERP vendor
to break down of price into modules. Licensing fees is the bulk of it. You
are entitled to receive product updates most of the rime without extra
costs.
Get to know the following costs:
· Licensing costs
· Consulting and training costs
· General support costs
· Hardware costs
· Software costs
· Networks interaction costs
· Customization costs
· Maintenance costs
· Custom module development costs
· Third party integrations costs
· Costs not included in the proposal
2. Is the ERP Vendor Future Proof: The top ERP Company should be able
to be open to change according to market dynamics. Make sure that they
are future proof with modules such as Cloud ERP and ERP Remote
Access and Network Communications through inter- and intra-department
and across boundaries.
3. Free Trials or Demonstrations: When you are looking at preliminary
vendors always ask for a free trial of their products. This will allow you to
go through all the nuances of the software. This also helps you decide
which vendor ERP software is good for your organization. Make sure the
vendors show you live implementations of their ERP Solution.
4. Always Check Online Feedback: Before purchasing an ERP Solution,
make sure to check out for consumer/customer feedback of the ERP

Solution online. These reviews provide you with data that the ERP vendor
might have not told you about. These may include execution hiccups or
hidden costs. Most of the time, ERP software gets negative and positive
reviews from existing consumers. If the ERP software has only bad
feedback, then there may be an underlying problem.
5. Is the ERP Vendor Local: Check out the location of the ERP vendor. Is
the ERP vendor local and would be able to train your personnel. This will
save you a lot of money. Also, you can call the ERP vendor and have
service personnel visit your business location in the case of any issues.
6. The Right Vendor: To select the right and best vendor is always
important. This is also true for the right ERP Solution. You have to
establish longer-term functional relationships. This helps in smooth
adoption and a successful implementation of the ERP Solution.
7. Narrowing ERP Vendors: As you finalize ERP vendors, have them
collaborate with your ERP users. The ERP users should distinctly convey
your business requirements in a distinctively defined manner. Once ERP
vendors know your requirements, they should be able to give better
demonstrations for your business requirements. This will show how the
differences in your existing procedures are going to be closed, room for
improvement, or how the new procedures address e-commerce.
8. Working Proof: An ERP vendor usually demonstrates the walkthrough of
their ERP system. It would be a good idea to have a practical
demonstration of it. This will help you to gauge the ups and downs, such
as stress testing the system to your needs. The ERP vendor will be able to
better understand your enterprises requirements. It will also help you to
measure if the selected ERP system is going to work for your business.
As a rule of thumb, always insist on a live demonstration and not a
PowerPoint demonstration. This is always a red flag.
9. Customization Blues: ERP modules are always an issue. Get to know
your Enterprise Resource Planning Software from the get go. During ERP
Implementation procedure, check out standard processes in the software.
These should be different than the current ones that you are doing. You
will be pleasantly surprised as it may be already incorporated in the
default installation. You can avoid future costs.
10. Save Time, Save Money: Your ERP vendor should be experienced in
streamlined, fast implementations their ERP solutions. The quicker it is
implemented, the quicker you get users onboard. This results in quicker
turnaround times for Return on Investment (ROI). Check your vendor’s
methods for quick implementations and longer-term support. Also check
the ERP system for working and meeting goals.

11. Vendor Expertise: Ask the ERP vendor to prove their know-how of your
industry. They should be able to show how implementing their ERP
solution results in profit for your business. Research and check for an ERP
vendor having broad experience in your industry. A good reputation in
ERP implementing in budget and on time is a big plus. Check for
references while choosing an ERP vendor.
Selecting the best ERP vendor for your business should not be a daunting
process. By following the above points, you should be able to select the best
ERP vendor for your enterprise.

Readmore: http://www.zetamiddleeast.com/  , 

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02:09

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04:01

Digital India Week

Prime Minister Narendra Modi launched the ‘Digital India Week’
Digital India aims to transform the country into a digitally empowered knowledge economy.
The vision of Digital India programme also aims at inclusive growth in areas of electronic services, products, manufacturing and job opportunities etc.
The vision of Digital India is centered on three key areas - digital infrastructure as a utility to every citizen, governance and services on demand and digital empowerment of citizens.

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05:41

Do I need to pay tax for only income from selling shares?

Tax is a financial charge or other levy imposed upon a taxpayer, whether an individual / legal entity) by a state or the functional equivalent of a stand to fund various public expenditures.
We all know that Income from salary, rental income and business income is taxable. How about income from sale or purchase of shares?
Many home makers, retired people, spend their time gainfully, buying & selling shares but unsure of how this income is taxed.


There are situation where we happen to Gain on equity shares and Loss on equity shares. Gain on Equity shares can be short term as well as long term. Short term Capital gains from Equity shares are taxable @ 15% where as long term Capital gains from Equity shares listed on stock exchanges are not taxable. If your total taxable income excluding short term gains is less than the minimum income which is chargeable to tax (Rs 2,50,000 for financial year 2014-15) – you can adjust this shortfall against your short term gains. Remaining short term gains shall be then taxed at 15% + 3% cess. Any short term capital loss from Equity Shares can be set off against short term capital gains or long term capital gains from any capital asset. Long term capital loss from equity shares is a dead loss – it can neither be adjusted nor carried forward. Just like long term capital gain on equity shares has no tax treatment.
STT or Securities Transaction Tax is applicable on all equity shares which are sold or bought on a stock exchange. The above tax implications are only applicable for shares which are listed on a stock exchange. Any sale/purchase which happens on a stock exchange is subject to STT and therefore these tax implications are for shares on which STT is paid.

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05:37

Zeta CRM Solutions is the award-winning CRM suites which address the business process needs of fast-growing organisations across Sales and Support. Zeta CRM assists individuals and teams by centralising contact and calendar information, increasing communication effectiveness, and improving individual and team productivity.

02:18

Zeta Softwares is a leading supplier of world class business software, services and support to medium sized businesses. We deliver unmatched business value to our customers and our products define our identity. With the benefit of local understanding and insight, we provide software and services that are relevant, practical and useful for the demand of today's small and medium sized businesses which covers variety of industry verticals like finance, human resource, real estate, manufacturing and others.

With over 1000 customers across the globe who reads like who is who in industry and commerce, we have build our success on understanding and meeting the needs of customers in their local markets. Following best practices and specific in-depth industry knowledge we are always looking to adopt innovative ways to turn ideas into real products.

Zeta Softwares has its Corporate office at Croydon, UK with the regional offices in Dubai, UAE and Kochi, India.

02:17