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IoT and AR to Transform Logistics in 2016

Date: 20-01-2016
Author: Alina Răfoi

Logistics is an area about which we discuss a lot as it is an area in constant transformation. What causes this transformation? Changes in technology flows, increased production or rapid evolution of e-commerce all cause the same result: logistics transformation.
Let’s see how the future of logistics or the logistics of the future looks like!

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The emergence of omnichannel supply chain

Date: 15-01-2016
Author: Alina Răfoi

As mentioned in our previous article, e-commerce has completely changed the face of commerce. The world is in a continuous transformation and the most important factors to influence success are time and information. This is what the best performing companies do: give as much information as possible about their products through all the existing channels and ensure a rapid delivery. That’s why e-commerce companies had to adapt to customers’ expectations and find new distribution channels. Innovation and agility are essential for success in business.

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Cloud Market Trends for Romania

Date: 18-11-2015
Author: Alina Răfoi

During the IMWorld 2015 event, Remus Cazacu, General Manager and Founder BITSoftware, was invited along with representatives of Microsoft Romania and Spearhead to debate the cloud market trends in Romania.

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ERP is Innovation Engine for CFOs

Date: 11-11-2015
Author: Alina Răfoi

The end of the year is the ideal time for making major decisions for next year. For CFOs in particular it is the best time to analyse the results, make strategic plans, evaluate what worked and what did not , and align the resources with the business objectives.

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SocrateCloud ERP - the complete solution for distribution companies

Date: 06-10-2015
Author: Alina Răfoi

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

SocrateCloud for distribution helps you manage all operational flows, from supply need to supplier invoices, supplier orders, payments, performant warehouse management, eCommerce for distribution through online channels, financial management and accounting, customer relationship management and business analysis and reporting.

SocrateCloud is the complete solution that covers all functionalities necessary to distribution companies, regardless of size or complexity of performed activities. Designed for modern businesses, cloud based, SocrateCloud is scalable, flexible, and adaptable and frees you from the upfront capital costs (infrastructure), offering a predictable pay as you go subscription model that makes cash flow management and planning much easier. The cloud infrastructure provides best data privacy, security and availability.

We invite you tomorrow, October 7, to our SocrateCloud for Distribution & Logistics or How to choose wisely in order to grow your business presentation which will take place at 12:15 on Business Software Stage at IMWorld to find out about the advantages of using our solution to optimize your distribution process.

We support your business performance! Please visit our website http://www.socratecloud.eu/socratecloud-platform-erp-for-distribution/ for more information or email us at sales@bitsoftware.ro

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What can distribution companies learn from the Uber experience?

Date: 05-10-2015
Author: Alina Răfoi

Uber is evolving the way the world moves and how people move through the city. Everything was possible with a (seemingly) simple application that can be installed on any smartphone and connects drivers and customers, making transportation more accessible in the city. At the same time, it opens more opportunities for drivers to open their own business.

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Get an ERP software solution on EU grant

Date: 01-10-2015
Author: Alina Răfoi

Did you know that you can now be the beneficiaries of a 200.000 EURO grant for implementing a business management software solution? Private companies, as well as public institutions, have 532 million EURO at their disposal by 2020 for IT&C projects. The total amount of EU funds allocated for 2015 is over 57 mil. EUR nationally, and the deadline for proposals submission is October,30 2015.

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This fall brings new functionalities for companies in logistics, manufacturing and constructions from SocrateCloud

Date: 23-09-2015
Author: Alina Răfoi

BITSoftware announces optimizations and new functionalities for SocrateCloud ERP & CRM platform.

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Socrate+ and SocrateCloud ERP’s are aligned to the new VAT rate for food

Date: 25-05-2015
Author: Anca Cazacu

The Government Ordinance No.6 / 2015 for the modification of the Fiscal Code published in the Official Journal of Romania, Part I, no. 250 of 14 April 2015 will enter into force on 1st of June 2015. By modifying the content of Article 140 para. (2) g) of the Tax Code, the document states that the value added tax will decrease from June 1st from 24% to 9% for the delivery of the following goods: food, including beverages, but excluding alcoholic beverages intended for human and animal consumption, live animals and domestic birds, seeds, plants and ingredients used in the preparation of food products used to supplement or replace foodstuffs, as well as restaurant and catering services, excluding alcoholic beverages.

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New functionalities in SocrateCloud

Date: 05-05-2015
Author: Anca Cazacu

SocrateCloud, continues to develop and includes every month new functionalities, supporting both growing companies or startups to manage their businesses more efficiently. SocrateCloud - the open business platform in cloud - is addressed on one side to companies who need a complete ERP & CRM & BI functionality and on the other side to systems integrators and development partners who want to extend their business and develop new applications based on SocrateCloud infrastructure.

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