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Merits of Integrating Your Point Of Sale With M-PESA
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    • About Us
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      • Kisii Branch
      • Mombasa Branch
      • Kampala Branch
      • South Africa
    • STOP AJALI
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      • Robisearch ERP Features
      • Robisearch ERP
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    • Biometric Time – Attendance
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  • Robisearch
  • Uncategorized
  • June 27, 2023

Merits of Integrating Your Point Of Sale With M-PESA

Merits of Integrating Your Point Of Sale With M-PESA – M-PESA integration automates payment verification, disbursements, and payment record management by synchronizing an application, website, or system with the M-PESA API. This is done through the validation API allowing the recipient to validate any payment parameters, including the account and amount. Developers can directly connect to the core M-PESA and create innovative systems using open interfaces and standard protocols provided by the API through web services. 

Increased sales

Another benefit of the integration is increased sales.  Many customers prefer using M-PESA to make payments. By integrating M-PESA on Robisearch point of sale, your business can offer customers a convenient payment option that they are familiar with, which can lead to more sales. 

Reduces transaction costs

The integration also reduces transaction costs for businesses. M-PESA transactions are cheaper than other payment methods, such as card payments or bank transfers. This can help you save money in transaction fees, which can be reinvested into the business. The reduced cost factor benefits the merchant.

Customer convenience

Furthermore, the integration improves customer convenience. Customers can pay for goods and services using their mobile phones. The M-PESA message is received on the transacting number. This convenience leads to increased customer satisfaction and loyalty. 

User friendly

Businesses can enjoy many benefits when integrating M-PESA with Robisearch Point of sale. To begin with, it improves the customer’s payment experience by providing a user-friendly payment process. The M-PESA STK push eliminates the need to input a pay bill or till number when transacting. This enables businesses to process payments faster and more efficiently.  

Minimizes errors

Additionally, the integration automates the payment process. This reduces the need for manual data entry and reconciliation. As a result, it reduces the risk of errors, which can lead to financial losses for your business. With reduced reversal requests, you can say goodbye to the lengthy waiting times on the customer support hotline seeking refunds for erroneous transactions. 

Conclusion

By integrating M-PESA in  the Robisearch Point  of sale, businesses in Kenya can now take advantage of a fast, convenient, and secure payment system that allows them to remain competitive in the rapidly evolving digital payments space. As more businesses transition to digital payments, we stand out as a reliable partner that goes the extra mile to help businesses thrive. For any inquiries, contact us on 0716413386 or 0780655987.

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  • Robisearch
  • Business, Business Growth, Digital, Information Technology, Marketing, Results Delivery, Sales Analysis, Technology for SMEs in Kenya, Uncategorized
  • June 26, 2023

How To Grow your Business With Bulk SMS Campaigns

WHY YOU NEED OF BULK SMS FOR MARKETING FOR YOUR BUSINESS. - Robisearch ltd

How To Grow your Business With Bulk SMS Campaigns – Bulk SMS marketing, is a marketing strategy that involves sending promotional messages or alerts via SMS (short message service) to a targeted list of subscribers. This approach allows businesses to reach their customers directly on their mobile devices, making it a highly effective and efficient marketing channel. For a successful bulk SMS campaign:

Keep it concise and brief

One SMS text message comprises 160 words. To ensure the most efficient campaign, it is important to select the words you use carefully. Straight to the point and immediately. The benefit or reward offered to the person receiving the message must be clearly stated.

Inspire a sense of urgency

Make sure you set an expiry date for your vouchers and discount coupons. Your vouchers’ limited validity creates a sense of urgency for your clients, which leads to more conversion rates. Robisearch Limited offers a simple method to design and deliver and redeem Mobile vouchers!

Include a clear call to action

Make sure that the purpose behind the message is clear. The recipient should take action on the information you have sent to take action, so explain what they must take to gain the information you’ve given.

Know the time your customers are likely to respond

Select the ideal moment to send out Bulk SMS messages to your clients. If you want to trigger an action or a response, ensure that you give your customers enough time throughout the day for them to respond. It is also possible to use the Robisearch Bulk SMS to create your messages today and then plan them to be delivered whenever you wish.

Find the frequency that is right for you

Do you need to send Bulk SMS messages daily, weekly or monthly? If you send messages often, users may become annoyed and opt to stop using the service. If you wait longer between messages, the user may lose interest and have forgotten why they joined, to begin with.

There is no set amount of messages you should send out each month or week – the frequency must be adjusted depending on the audience you’re targeting and the goal of your messages.

Less is more

Manage your contact groups appropriately and refrain from sending your recipients the same text marketing message. Keep your communications relevant and fresh.

Keep your data base clean

It is expensive to keep sending messages with old phone numbers. Ensure you check regularly and remove the numbers that cannot be reached to save time and cost. Three strikes and you’re out is a great rule of thumb.

Use keywords to increase your data base

Use an SMS keyword (e.g. 30% offer on all software this month contact us on 0716413386) to build your opt-in list of customers who choose to receive alerts via SMS. Print this out everywhere, and you’ll quickly build the number of people who opt-in to follow you. SMS marketing may be disruptive when sent to someone who hasn’t consented. Ensure that you protect your company’s reputation by ensuring the recipients have given you permission to contact them.

Know your audience

Be sure that the person receiving it is attracted by the items you provide. There is a good chance that each message or offer will have to be targeted to specific segments of customers. Location, gender, age and previous purchases should be considered when email distribution. For instance, you shouldn’t give complimentary lipstick to men since the likelihood is that your response rate would be a minus, and certain customers might decide to opt out of your mailing list due to this.

Conclusion

Bulk SMS marketing is a powerful tool for businesses looking to reach a large audience quickly and effectively. By following the tips and strategies outlined in this guide, you can create successful SMS marketing campaigns that engage and convert your target audience. Robisearch Limited provides businesses with bulk SMS marketing that is  incredibly cost-effective and efficient way to grow your business and increase brand awareness. Contact us on 0716413386 or 0780655987 for more information on bulk SMS marketing.

 

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  • Robisearch
  • Technology for SMEs in Kenya, Uncategorized
  • June 15, 2023

HOW DIFFERENT BUSINESS FUNCTIONS BENEFIT FROM CRM

Benefits of CRM software for Small & Medium-sized Enterprises

HOW DIFFERENT BUSINESS FUNCTIONS BENEFIT FROM CRM – Customer relationship management software enables a business to deepen its relationships with customers, service users, colleagues, partners and suppliers. A CRM platform helps companies target different audiences, set scores and alerts based on an individual lead or customer’s activity, proactively work with contacts, and maintain relationships. Best of all, a CRM system can be used across departments to ensure that all customer-facing teams are empowered with the right data to create incredible customer experiences. Below, we discuss how different business functions can benefit from.

The HR team can use CRM to accelerate the recruitment process and track employee performance.

A customer relationship management software can help the HR function by speeding up the on-boarding process, automating the process of managing candidates, analyzing resourcing needs and identifying skills gaps, and supporting the pursuit of staff retention targets.

Marketing teams can use CRM to make forecasting simpler and more accurate.

They can get clear visibility over every opportunity or lead, and map out the whole customer journey from enquiry through to sale, so giving them a  better understanding of the sales pipeline or prospective work coming in. It’s also possible to include information from customers’ public social media activity – their likes and dislikes, and their sentiment about specific brands and businesses.

Sales teams can use CRM to understand their sales pipeline better.

Sales executives can access reliable information about the progress of individual team members in achieving their sales targets, for example, and see how well individual sales teams, products and campaigns are performing too. Sales reps benefit from reduced admin, a deeper understanding of their clients, and the opportunity to spend more time selling and less time inputting data.

Customer service teams can effectively track conversations across channels

A customer might raise an issue in one channel – say, Twitter or Facebook – but then switch to email, phone or live chat to resolve it in private. Without a common platform for customer interactions, communications can be missed or lost in the flood of information – leading to an unsatisfactory response to a valued customer.

Supply-chain, procurement and partner management teams can manage relationships better.

They can track meetings with suppliers and partners, record requests made, add useful notes, schedule follow-ups and stay on top of expected next steps. Reporting enables businesses to compare the efficiency of suppliers and so manage their entire supply chain more effectively.

Conclusion

Data organized and presented by a CRM platform leads to a better understanding of customers. This leads to better messaging and outreach, much of which can be done with automation, which helps you offer better, more efficient customer service. Furthermore, your teams can collaborate more easily. Robisearch limited offers you the best CRM software. Reach us on 0716413386 or 0780655987 for more information or any inquiries.

 

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  • support@robisearch.com
  • Business, Business Growth, Marketing, Technology for SMEs in Kenya
  • June 12, 2023

Advanced strategies for bulk-SMS marketing

Advanced strategies for bulk SMS marketing – To achieve exceptional results and drive meaningful engagement with your audience through advanced mass marketing techniques, consider the six key strategies listed below.

1. Set your goals and define your target audience

Clearly define the objectives and purpose of your campaign. For example, it could be increasing click-through rates, reducing bounce rates, or any other metric you want to optimize.

To enhance the effectiveness of your SMS marketing, it’s crucial to identify your target audience and gain insights into their interests and preferences. This allows you to customize your text messages in a way that resonates with your audience and captures their attention.

By understanding their needs, preferences, and behaviors, you can craft more relevant and engaging messages that are more likely to drive desired actions and generate positive responses.

2. Use automation and personalization

Implementing automation allows you to streamline various aspects of your bulk SMS marketing campaigns, saving time and resources. For instance, you can schedule messages, manage large volumes of SMS communication, all while improving efficiency and effectiveness, and adding flexibility to your business.

Furthermore, you can use automation tools to segment your audience based on demographics, age, gender, interest, or previous purchases. This allows you to send personalized messages at scale, improving your SMS conversion rates.

3. One of the advanced strategies for bulk-SMS marketing is to integrate SMS marketing with other marketing channels

Combining bulk SMS marketing with other marketing channels enables you to create cohesive and multi-dimensional marketing campaigns. For example, you can include SMS opt-in prompts on your website or email newsletters.

Maximize engagement and extend your online presence by strategically integrating links to your social media pages directly within your text messages.

By including clickable links to your social media platforms such as Facebook, Instagram, Twitter, or LinkedIn, you provide recipients with a seamless user experience and a convenient pathway to explore and connect with your brand further.

4. Improve campaign results with data-driven insights

Using data analytics tools helps you evaluate the performance of your bulk SMS campaigns to enable you to make informed decisions. For example, you can conduct A/B testing on your marketing campaigns to optimize performance.

To do this, create two different versions of your marketing campaigns and allocate equal SMS marketing elements—content, visuals, call-to-action, and recipients—to each group. Launch both versions simultaneously and closely monitor specific metrics (click-through and response rates),

Subsequently, you can use statistical analytics to gain insights into each group and determine which yields desired results.

5. Create dynamic and interactive SMS content

Instead of sending generic messages, focus on crafting concise, dynamic content that appeals to subscribers. Fortunately, you can add links, surveys, or polls to encourage recipients to respond or take action.

In addition, you can add relevant multimedia elements—such as images, audio, or videos—to make your text messages more engaging.

6. Maximize performance with SMS marketing integration

By seamlessly connecting your SMS campaigns with your marketing infrastructure, CRM system, etc., you gain real-time insights and enhanced capabilities to connect with your audience at the right time and in a personalized manner.

As customer communications continue to evolve, bulk text messaging emerges as a powerful and enduring tool. To stay ahead of the curve, it is essential to embrace the potential of bulk SMS marketing.

By incorporating this strategy into your customer engagement initiatives, you can tap into a highly effective and widely utilized communication method.

Luckily, Robisearch LTD is a leading SMS marketing software capable of handling all your texting needs

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  • Robisearch
  • Business, Digital, Information Technology, Uncategorized
  • June 7, 2023

Why Tours and Travelling Agencies Need Websites

Travel & Tours

Why Tours and Travelling Agencies Need Websites – With increasing dependence on technology, a website comes in handy for a variety of reasons. It could be anything from online promotion to increased branding and boost your sales. With a website, you can unlock so many benefits and opportunities to expand your business. Here are the top 5 reasons why you need a travel website:

Brand credibility

Having a website these days means building a brand credibility, one that helps with branding. Suppose, a customer visits your website, books a package and has a positive experience. Such clients will obviously recommend your website to their contacts and the process goes on. In short, a website helps you build your brand and reach new customers quickly. It gives a certain authority over offline travel agents.

Boost sales

Perhaps, the most important reason for having a travel website is to increase the potential to earn revenue. While an office can give you, say, 30 bookings in a day, on average, a website operates freely on the internet. It could be highly possible that sales are 5 or 10 times more than your usual sales. Multiple packages can be booked by various users visiting your website.

Visual Impact

A website can showcase your website digitally. And the more features you add onto your website, the more impact it creates on your visitors mind. Using pictures, custom itineraries, animated videos – anything can be used to enhance the appeal of a website. Such enhancements lead to creation of a visual treat for your visitors and therefore help in visitor retention.

Personalization of your brand

A website will help you to speak to your audience anytime, anywhere. They can scroll through the pages, see what they like and find out what they need. Your potential customers can see your services, packages and itinerary without visiting your office. The website should offer deals, offers and possibly a booking option. Such an experience will help them engage with your brand and make them inquire about a trip that they possibly want to book.

Easy access to contact information

You can’t work with a client if they don’t know how to contact you. With a website, you can share your e-mail, phone number and social media accounts so that clients can contact you quickly and efficiently. If you prefer to contact a client, you can even set up a contact form on your website that will allow users to submit their contact information to you so you can reach out to them at a convenient time.

Great place to share review from clients

Give new clients an opportunity to see what your past clients think about your work by sharing reviews on your website. Positive comments and reviews from clients can produce an increase in sales by 18 percent, which can be huge for new travel agents or agents wanting to expand their business. Just ask your clients for a review following their trip and post it on your website for all to see.

Offers a marketing platform

Marketing yourself to new clients is a big part of the travel agent business. With a website, you have a quick and easy place that you can point customers to who want to learn more about you. You can share your website on social media like your Facebook or Twitter page and even place it on business cards and print-outs that you give out to potential clients at conferences and events.

Conclusion

These are a few of many such features of a website. However, considering the current scenario in the travel industry, operating offline is going to be tough and sales would hit. A website can help you get the lost sales quickly. Moreover, having a website for your travel business leads to ease of access. The customer does not have to physically get out of the house to book a leisurely trip. Contact Robisearch Limited on 0716413386 or 0780655987 for a consultation or any inquiries.

 

 

 

 

 

 

 

 

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  • Robisearch
  • Business, Information Technology, Marketing, Technology for SMEs in Kenya, Uncategorized
  • June 7, 2023

Positive Impacts of Social Media Marketing on Businesses

What Is Social Media Marketing? | Hot Dog Marketing

Positive Impacts of Social Media Marketing on Businesses – Social media marketing is a form of digital marketing that leverages the power of popular social media networks to achieve your marketing and branding goals. But it’s not just about creating business accounts and posting when you feel like it. Social media marketing requires an evolving strategy with measurable goals. With such widespread usage and versatility, social media is one of the most effective free channels for marketing your business today. Here are some of the specific benefits of social media marketing.

Generate leads and customers

You can also generate leads and conversions directly on these platforms, through features like Instagram/Facebook shops, direct messaging, call to action buttons on profiles, and appointment booking capabilities.

Increase brand awareness

The visual nature of social media platforms allows you to build your visual identity across vast audiences and improve brand awareness. And better brand awareness means better results with all your other campaigns.

Build relationships

These platforms open up both direct and indirect lines of communication with your followers through which you can network, gather feedback, hold discussions, and connect directly with individuals. The bigger and more engaged your audience is on social media networks, the easier it will be for you to achieve your marketing goals.

Improved customer satisfaction

Social media is a collaboration and networking site. It is important to build a tone for your business with these channels. Customers value the fact that they receive a customized response instead of an automatic reply when posting their comments on their websites. Every customer engagement on your social media pages offers an opportunity to view your customers online. If someone has a question or a concern, you can use verbal communication to resolve the problem on social media.

Increase search Engine ranking

It’s a great resource to move traffic to your website. Social networking can become a big source of traffic on your website when it’s done correctly. Social networking posts with some website traffic in your company allow more effort than required to achieve significant success. To achieve greater rankings and to hit your website, optimization of search engines is crucial.

Enhanced brand loyalty

A loyal consumer base is one of the core priorities of almost all companies. Given the traditional combination of customer satisfaction and brand loyalty, it is necessary to interact frequently and start building relations with customers. Social media is not just about launching products and promotional campaigns for the brand. Consumers see these channels as a service channel for interacting directly with the product. The millennium is considered to be the most loyal brand consumers ever.

Conclusion

It is obvious that the benefits of social media marketing are excellent. If you still don’t have the right account, create one! Add full details for your company and publish some useful content to start attracting readers.

The positive outcomes of social media marketing are so significant that if you refuse to adopt it, you may skip a fantastic business opportunity.

Do you need help with social media marketing?

Robisearch Limited can help you do social media marketing to help improve the brand awareness of your business ultimately helping you to close more sales! Reach us on 0716413386 or 0780655987.

 

 

 

 

 

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  • Robisearch
  • Technology for SMEs in Kenya, Uncategorized
  • May 30, 2023

Why The ROBIPOS System is A Must Have For All Restaurants

How a Point of Sale System Can Enhance Customer Satisfaction in Your Business - Robisearch ltd

Why The ROBIPOS System is A Must Have For All Restaurants – There are a multitude of features a cloud-based point of sale system can offer. Therefore, it’s essential to understand your needs and the main features you require  before making your choice. Here are some features you should not miss when you’re looking to acquire a new point-of-sale software for your restaurant.

Order management

The system allows for easy order processing and modification, splitting and combining orders, and sending orders to the kitchen or bar.

Menu management

The Robisearch Point of sale system provides an easy way to manage the menu, including adding, deleting, and updating menu items, along with prices and descriptions.

Payment processing

The Point of sale system accepts various payment methods, including cash, credit cards, and mobile payments. It also allows for easy split payments and tipping.

Inventory management

The Robisearch point of sale system helps you track inventory levels, including ingredients and supplies, and send alerts when supplies are running low.

Reporting

The system also generates reports on sales, revenue, and other key performance indicators, enabling restaurant owners to make data-driven decisions.

Customer management

The system allows for customer profiles, loyalty programs, and order history, enabling personalized service and marketing.

Integration

The Robisearch point of sale can be integrated with other software and services, such as accounting software, payroll, and delivery platforms.

User friendly

Most importantly, the point of sale is very user-friendly and easy to learn for both staff and management.

Security

The system should have built-in security features, including access controls, data encryption, and  security compliance.

Customization

Last but not least, another reason why The ROBIPOS System is A Must Have For All Restaurants the system is customizable to fit the specific needs of any restaurant, including customizable menu layouts and workflows.

Conclusion

The Robisearch point of sale system can optimize operations in many ways, from improving efficiency to enhancing the customer experience. By leveraging the power of technology, restaurants can stay competitive and succeed in a constantly evolving industry. Contact Robisearch Limited today for the best point of sale system for restaurants . Call us on 0716413386 or 0780655987.

 

 

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  • Robisearch
  • Business, Technology for SMEs in Kenya, Uncategorized
  • May 29, 2023

Why Companies Need Task Management Software

People® employee task management system software!

Why Companies Need Task Management Software – Task management is crucial for companies. It gives a clear picture of the work you and your team need to complete and organizes it so you can identify what tasks to tackle first. Using task management, you can see what you are working on now and what is coming up. It also helps you identify your priority tasks, determine how much time is needed for each one, and what’s the best approach to schedule your workload.

Task management software is the easiest way to implement an effective task management system within your organization. This digital platform offers the best task management solution, assisting both individuals and teams in handling their duties. There’s a wide range of features these tools offer, the most common being task scheduling and task assignment, task customization and organization, time tracking, task tracking, task progress tracking, and accurate reports. Some of the benefits of having a task management software includes:

Enhanced performance level

Task management helps with the delegation of tasks and coordination of team members to work towards a common goal from one centralized dashboard. For instance, if the project manager observes that a certain action is delaying the schedule of the project or causing a disparity in the activities that follow, they will encourage the project participants to be more effective and productive, thus creating a stimulating environment.

Streamlined workflow

You’ll rarely have the luxury of focusing on one task at a given time. Most of the time you’ll likely be juggling several tasks at once which could easily lead to chaos. Getting your duties organized to streamline the entire task managemеnt workflow will significantly increase the entire team’s efficiency and help you achieve your goals.

Better time management

Task management lessens time wasting, which is a crucial factor in most workplace mistakes. By reducing the time wasted on assignments and their completion, there will be more time for your team to focus on other key projects. Moreover, setting deadlines using task management makes it possible for you to complete assignments on schedule. Additionally, it frees up more time for you to spend on yourself rather than spending it on pointless duties.

Creative problem solving

To manage many of our daily tasks and perform at our highest levels, we require creativity. Task management gives us the knowledge we need to handle problems promptly and creatively. People are able to break up difficult jobs into manageable pieces and solve them fast depending on the situation.

Remote teams support

Тask management software is crucial for enhancing team collaboration and providing better support. All team members will be able to see task boards where they can find all their tasks assigned, so they won’t need to nag their task managers or fellow team members looking for basic information. This is specifically important for hybrid or fully remote teams where members have diverse work schedules and time zones.

Automation of repeatable tasks

Some activities, such as a quarterly meeting or a monthly report, take place at set times each year. Utilizing automation and project templates, the best task management tool will create specific tasks at a specific time, according to the demands of the project manager, as opposed to setting up each of them manually.

View all ongoing tasks at once

A key benefit of any task management software is that it presents all the tasks in a comprehensible way. With task management software, every team member can view the status of all ongoing tasks at once. Rather than manually viewing the status of tasks and tracking the performance of team members, using the tools that come with task management software for tracking can save valuable time.

Easily access and sync data

These days organizations are handling huge volumes of data every day. Some of the data pertains to the core areas of the business, but the rest may be for administrative purposes only. As such, storing and handling data has become important.

Sometimes employees may need to work outside the organization, from home or the client’s office. They may need access to data. In the absence of task management software, employees may have to carry data along with them in external storage devices. Carrying data on external drives is quite inconvenient and consumes a lot of time in transferring data. Besides, there is always a risk of losing data or the external drive.

Conclusion

Task managemеnt software helps you structure the responsibilities to produce the best results. You’ll be able to break down complex tasks, prioritize, delegate, and collaborate effectively. Robisearch Limited offers you a customized task management software for your business. Contact us today on 0716413386 or 0780655987.

 

 

 

 

 

 

 

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  • Robisearch
  • Business Growth, Technology for SMEs in Kenya, Uncategorized
  • May 23, 2023

Benefits of Stocktaking For Small Businesses

BUSY - Best GST Accounting Software for growing Small Business

Benefits of Stocktaking For Small Businesses – Stock taking is the process of physically counting the actual stock you have on your site(s). Apart from your business address, sites can also include any storage or warehouse facility you may own or are renting. It is the process of counting the actual physical stock and checking the numbers against the numbers you have on your books. A stock take will identify any issues that arise in a loss of stock as well as offer data to conduct your own regular product performance analysis so as to maximise gross profit margins. Businesses need to conduct stock taking for he following benefits:

Increases profit while reducing loss and  waste

Businesses can increase profit margin by getting a realistic view of what you have, what is selling and if things are going wrong to capture them at the earliest opportunity. Stocktaking is the physical counting of all stock and matching it against the stock numbers you have recorded in your books/software.

Monitor real time stock levels

The data of the Stock take will clearly be the most up-to-date check and cross-reference data of what you have to what you should have and what you actually have. Unfortunately, theft and damage can occur. The stock take will uncover these as discrepancies and allow you to be proactive and responsive to this unfortunate reality in a timely manner, again showing the importance of stocktaking for a business.

Monitor seasonal stock and stock with expiry dates in a timely manner

Time is essential when it comes to seasonal and stock with expiry dates, simply because they are time restricted. So, you must monitor this type of stock and ensure as much of it is sold before you are forced to sell it at a reduced price. If you do not maintain an importance of stocktaking, you will not know what you have and this will lead to a loss of gross profit not only in the direct sales as expired or obsolete stock may need to be thrown away but also in the cost of warehouse / storage if you are unaware and so this stock is taking up the space you could release for new stock.

Review pricing strategies to keep up to date with your current purchase prices

You can monitor through carrying out stocktaking your purchase prices at the time of stocking against the latest purchase prices as you will be able to monitor and track changes in the market and how it will impact your margins. It may be that there are certain times in the years when the purchase prices rise and so you will be able to make a calculated decision based on your sales report generated from the stock take if it would be worth making an earlier investment than originally planned. It will also give you an idea if you should be looking at the pricing of your products.

Getting your assets right on the balance sheet

Inventory is the balance sheet entry as an asset, hence, very important. This number has to be as accurate as possible, which alone emphasises the importance of stocktaking. The data you will be collecting and updating as a key purpose of stocktaking has a direct financial impact has ‘asset gain’ or ‘asset loss’ (also known as shrinkage). This is the reason why the accuracy of inventory value is subject to all internal and external financial audits.

Providing accurate stock records of which products are performing well

The accuracy and regular process of stocktaking will help with making an informed, data-backed decision to invest in the right products, as it will show you which products are selling and which are not and therefore what to invest in. You will also be able to see if there is a dead stock that you should think about possible flash sales to shift the stock.

Reduction of stock holding

Achieving optimal stock levels versus consumption levels will ensure stock holding is kept to a minimum at all times. Reducing stock holding is important as it ties up cash and reduces potential losses. This is particularly relevant on draught beers and other products that have relatively short best before dates. Stocktaking will point out where stock holding can be reduced, freeing up previously tied up cash.

Improved working conditions

Stocktaking will uphold required working conditions, such as a tidy, organised and efficient operational working space. Operational efficiency relies on clear and organised work spaces. Stocktaking provides the data necessary to keep stock holding to a minimum at all times. This means that the space you have in your establishment is utilised as effectively as possible. More space means better movement in the venue for your staff (with automatic health and safety benefits), as well as better oversight of the stock holding areas, such as the cellar and fridges.

Conclusion

Above are some of the Benefits of Stocktaking For Small Businesse.

Stocktaking is foundational to stock control management. It provides you with the information you need to run a profitable and operationally efficient business.

A good stocktake report will include: cost prices from supplier invoices, selling prices based on price tariffs and wine lists, opening and closing stock figures, purchases and sales for each individual stock line, the value of sales at cost and selling price, gross profit percentages achieved on each stock line and the number of days stockholding.

Speak to Robisearch Limited today about our services and start benefitting from stocktaking today! Contact us on 0716413386 or 0780655987.

 

 

 

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  • Robisearch
  • Business Growth, Technology for SMEs in Kenya, Uncategorized
  • May 16, 2023

Advantages of Manufacturing ERP To Small Businesses

5 REASONS YOU NEED TO GET AN ERP AS SOON AS YESTERDAY. - Robisearch ltd

Advantages of Manufacturing ERP To Small Businesses – Manufacturing ERP systems continue to be a key technology priority for most manufacturing firms today. Why? Because the landscape across the entire manufacturing industry has become increasingly competitive, and firms of all types must design, build, and deliver the highest quality products in the timeliest manner at the lowest possible costs in order to win and retain customers.

Yet, keeping on top of the various activities and processes involved in product production, sales, and distribution can be a tremendous challenge.

With a top manufacturing software solution in place, companies can leverage advanced features and functionality to improve all facets of their operations – from engineering, sourcing and procurement, through production, quality testing, and delivery. As a result, they can boost efficiency, reduce costs, and increase sales and profitability.

Some of the greatest benefits that can be achieved through the use of today’s manufacturing ERP systems include:

Improved visibility

With manufacturing ERP systems, all departments across an entire business can access and view the same consistent and accurate data in real time. So, everyone from the engineering teams to the production floor to the purchasing and finance departments has complete visibility into designs and plans, production status, quality control, inventory, cost of goods sold, and more. This enables better, smoother coordination and execution of all related processes and procedures.

Increased efficiency

Manufacturing ERP software allows firms to track all supply chain activities in great detail from start to finish – a task that would be nearly impossible otherwise. So, procedures and processes that hinder productivity and slow down the design, creation, and delivery of goods can be instantly identified, and corrective action can be swiftly taken to ensure optimum efficiency.

On time delivery

Improved control over components inventory, more accurate demand planning, streamlined production scheduling, and more effective coordination of distribution channels – all key benefits of manufacturing ERP software systems – enable companies to improve on-time delivery of products, a critical performance metric for today’s manufacturers.

Enhanced product quality

Manufacturing ERP software systems make it easier for businesses to monitor product defects and problems, pinpoint exactly where in the design or production process the issue is occurring, and take the needed steps to ensure products of the utmost quality. This, in turn, will boost sales, customer satisfaction, and profits.

Reduced costs

Manufacturing ERP systems reduce costs in many ways. Increased worker productivity minimizes overtime and related labour and payroll expenses. Enhanced precision in production floor processes reduces the scrap and re-work that can drain financial resources. Better tracking of components and turnover of finished goods, combined with more accurate demand planning, eliminate costly excess inventory. And, improved visibility into all financial aspects of production can help identify potential areas for savings and reduce cost of goods sold.

Improved collaboration

Many manufacturing ERP systems enable companies to share important production-related data with not only internal employees, but with external constituents such as vendors, suppliers, and distributors. This improves communication and enables better coordination of activities among these key business partners.

Better production control

A manufacturing ERP improves the production schedule. Production scheduling focuses on fulfilling customer orders on time. An ERP comes with a master production schedule (MPS) representing the products the company plans to produce in specific configurations, quantities, and dates. It helps in the sales forecast and sale orders. The system comes with bill of material data, inventory data, and the master product schedule to calculate the required amounts of materials and thereby create purchase orders and shop orders help in maintaining a transparent workflow within the manufacturing department.

Conclusion

A good manufacturing ERP software connects all of these processes from start to finish. It unites all the different departments involved, helping them work together in a more optimal manner. Thus, it increases efficiency, streamlines their work, and reduces error. Contact Robisearch Limited today on 0716413386 or 0780655987 to request for a demo and more insight on our system.

 

 

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