Archive for July, 2015

How ERP Cloud Accounting Software Can Benefit A Company

Tuesday, July 21st, 2015

ERP cloud accounting software is more stable and can keep a company going no matter the state of on-site servers.

How Does the Program Work?

The application is a centralized portal that allows managers to keep an eye on key parts of their business. Instead of operating on an on-premise server, the program is just as the name implies, it is a Software-as-a-Service (SaaS) protocol that relies on off-site technology, i.e. “the cloud” to function. While it works in a similar manner to on-site protocols, this version is often more easily updated in comparison. New patches to the software are automatically installed at the time of deployment, rather than having to wait until the IT department has time to run the update.

In addition, ERP cloud accounting software is customizable to a specific business or industry. It can be programmed to only pull information for the required functions such as CRM, human resources, and accounting into one central location.

What Are Some Benefits of Having ERP Cloud Accounting Software?

There are several benefits of having a cloud-based enterprise resource planning program. Like many things about off-site storage, the total cost is often lower. That is because of the reduction of equipment needed in order to maintain and support the program. It also saves man-hours as technicians will not have to spend time updating the project.

Beyond saving money, companies may see increased business productivity. Since employees will be able to access the information stored in the enterprise resource planning program from anywhere, decisions can be made quickly and accurately.

While the employees are better able to perform their jobs, the service also allows for streamlining operations on a corporate level. Many of these applications also allow for budgets to be integrated and forecasting to be available so that the business can grow faster.

While many companies are concerned about the safety of their information, this off-site solution is just as secure as traditional on-premises storage. The data is saved and encrypted onto the network server and is consolidated into a centralized location. Most businesses that utilize this powerful tool have providers that offer top of the line security protocols including military-grade AES encryption.

Since the ERP is cloud-based software, it can be scaled easier than traditional programming. Companies can utilize just the services they need with the application and add solutions faster when necessary.

ERP cloud accounting software is an important tool for businesses to utilize. By having a single portal for planning, manage customer relationships, offer eCommerce options, and give administrators access to a general ledger, managers can run their companies easier. Having the program operate from a remote location that is constantly maintained and secured saves time and money.

Maximize Your Credit Card

Thursday, July 9th, 2015

This is precisely the reason why you should try your best to make the most of its perks. You may not realize it, but there are a number of things that you can do to maximize your card’s use.

This article presents a couple of cool tips every cardholder needs to remember.

Make best use of your Billing Cycle

The way you pay your monthly bills is crucial to maximizing your card. For instance, if you settle your dues punctually and in full, then you will be able to avoid being charged with interest. This is probably the best way to use your card. This is because you are technically getting a free loan from your card provider.

Of course, there are still a couple of tricks you can do to step things up. Consider this: if you make a charge a day before your statement is closed, then that you will have around 20-25 days to settle that charge. However, making that same charge a day after the statement is closed will give you a total of at least 55 days to pay that charge. This is because that charge will be transferred to the next billing cycle.

Another important trick you need to remember is that some card providers actually allow their users to move back their due dates, thus extending their payment cycles. This can certainly help if you find yourself in a financial jam. However, you need to keep in mind that you won’t be able to this repeatedly.

Always ask to be reconsidered

If your initial credit card application was rejected, you should never hesitate to ask for reconsideration. There is always the possibility that your credit worthiness was not assessed correctly. Keep in mind that the process itself is not perfect, so mistakes are bound to happen.

Just give your card provider a quick call. Explain to them why you deserve to be approved for that particular card. If you are convincing enough, the person on the other end of the line might just give you that card you want.

Threaten a Chargeback

Asking for your money back from a merchant is often a futile effort. Fortunately, credit card users have a slight edge over people who pay with cash. As a credit cardholder, you are entitled to a chargeback option.

The chargeback option is an important trick all card owners need to remember. All you have to do is call the merchant, and ask to speak to a supervisor. Inform them that you want your money back. However, if your initial attempts at a refund are rejected, then tell them that you intend to ask for a chargeback from your card provider.

It is virtually guaranteed that the supervisor will change their mind once you threaten them with this. This is because a chargeback means increased merchant fees. They would rather give you back your money than be charged any additional fees.

Make the Most out your Reward Cards

As you may have already noticed, many reward cards rely on gimmicks to make you spend more. Do not fall for this trap. Overspending is the among worst things you can do with your credit card. Instead, you should try using these cards creatively. Earn reward points the smart way.

For instance, if you want to qualify for a sign up bonus, then try using your credit card to purchase gift cards. Just make sure that you will be using these in the future. That beings said, buy them from retailers that you visit often.