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Business Blog

Business Blog

Discover the current technological updates that will aid in your business process.
Complete Guide about ERP Customisation for SMEs 
02 January 2025
Every small and medium enterprise (SME) strives to optimise operations, boost productivity, and align systems with unique business goals. These goals can be achieved through ERP customisation which aims to adjust software to organisational needs. This guide will explore the concept of ERP modification, its benefits for SMEs and how SMEs can under....
The Role of Manufacturing ERP in Modern Industry
26 December 2024
In this year, manufacturing industry continues to be a huge driving force behind the island’s economic success despite of increasing challenges like evolving market demands, supply chain disruptions, and sustainability requirements. Digital transformation is no longer optional—it is indispensable for staying competitive and manufactur....
2025 Vision: A Look into the Future of ERP Development 
19 December 2024
As we approach 2025, the world of ERP development is having a major upheaval. Enterprise Resource Planning systems, which have served as the backbone of corporate operations for decades, are being transformed by technological breakthroughs and changing worldwide market needs. ERP systems will become more agile, intuitive and impactful as they inc....
How to select a good Project Costing Management Tool for SMEs? 
12 December 2024
In the new dynamic business environment, small and medium-sized enterprises (SMEs) are double challenged to provide projects within time and budget. Yet many find that these objectives prove too large a burden to overcome, and it leads to financial setbacks. The OECD found that in 2020, 39% of SMEs faced late payments against 2019’s levels.....
ERP and Accounting Software: Which One Fits Your Business? 
05 December 2024
The production process of SMEs often starts at the level of using accounting software to manage financial resources. This very basic application handles income, expenses, and simple accounting reports. However, as the business grows, the company requires more than what the accounting software can offer.  And the solution is no other than ERP....
Inventory Turnover Ratio: The Key to Achieving Inventory Optimisation
28 November 2024
Inventory Turnover Ratio (ITR) is a vital metric for the inventory management of a business and ought to be agile and efficient. This is the ratio that analyses the frequency with which inventory of a particular company is sold and restocked during a given period. Given Singapore’s competitive market, inventory turnover optimisation plays a....