Established in 1936, Transilana is a worsted spinning mill, with an annual production of 750 to 800 tons, 150 employees and a 6,5 million Euro turnover. Experience and tradition led Transilana to be one of the leaders in this industry nationwide, with the widest offer of high-level products. This was possible thanks to a constant investment program, a permanent preoccupation for an efficient organization of production and not lastly the employees innovative efforts.
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.
Socrate Plus is an integrated management system developed by BITSoftware since 1994 and implemented in dozens of Romanian companies in distribution, retail and FMCG. The solution has been enriched every year with new features for ease of use and to give customers the opportunity to become more efficient. The new version comes with new features in the area of logistics, contract management , document traceability, press distribution and with a friendlier and more flexible user interface. Our purpose is to make the information more accessible and reduce time spent on daily operational activities, allowing users to focus on activities that add value to the company.
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.
Socrate + ERP and Socrate Payroll are now compatible with the latest database technology Microsoft SQL Server 2014.
SQL Server 2014 offers an essential performance, due to the in-memory built-in, faster insights from any data and platform for hybrid cloud.
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.
In response to the economic crisis, most strategies were based on cutting costs, sometimes to the limit, because apparently this solution seemed to have immediate results.
BITSoftware released earlier this week the new 11.11 version of its payroll solution, SocratePayroll, which contains enhancements in employees records, wages calculation and reporting areas.
We launched the new version of our payroll solution - Socrate Payroll 11.08. This version responds to recent legislative changes brought to the General Register of the Employees (Revisal), in accordance with 500/2011 Romanian Government Decision. These changes also comply to „The technical specifications of the General Register of Employees”, published at 25.07.2011 on http://www.inspectiamuncii.ro
In a time when the market forces companies to lower profits to maximum in order to earn new contracts, every penny spent elsewhere counts. And if, as a company, you own a large vehicles fleet over which you have no control whatsoever regarding its efficiency and productivity, that can mean your exclusion from the market or even bankruptcy.
But there is a solution by which you can control all costs involved by a fleet of vehicles and / or machines and you can have a clear image on undertaken activities, expenses and events occurring in the fleet. And this solution its named SocrateOpen Fleet Management. And with it, identifying and tracking each vehicle or machine is very easy. SO Fleet Management allows a comprehensive vehicle/equipment description with information on technical data (type, engine, category, capacity), registration data (temporary/final), procurement contract type (credit, leasing, custody, etc.), costs, maintenance, historical and planned inspections, rentals.
Also, it is a lot easier to operate mechanism by which the vehicles are allocated on people and by which the official report/protocol can be printed in small or detailed forms. Plus, with this solution you can track the insurance contract on each vehicle as standard functionality, the administrator being notified within a predefined number of days before the expiration of each insurance policy. The mechanism can be also applied to other car components with a validity period, like first aid kits or fire extinguishers.
What is extremely important to know is that in SocrateOpen Fleet Management was created a mechanism that allocates costs on resources, allowing the possibility to group them by source or cost categories, in order to obtain the profitability on vechicle.
What does this mean for your business? In short, efficiency, control, operational cost savings. You seem a bit?