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Importance of E-commerce to Businesses & Business Owners
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  • About
    • About Us
    • Branches
      • Nairobi Branch
      • Kisii Branch
      • Mombasa Branch
      • Kampala Branch
      • South Africa
    • STOP AJALI
    • Career
  • Our Clients
  • Services
    • eTIMS Compliant Pos in kenya
    • Point of sale software
    • Web Design and Development
    • Bulk SMS & Bulk WhatsApp
    • Robisearch Erp
      • Robisearch ERP Features
      • Robisearch ERP
    • Property Management System
    • Biometric Time – Attendance
    • RobiDigiVisitor visitor management system
    • Customer Feedback Platform
    • Digital Marketing
    • Digital Visitors Book
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Business Growth

  • Robisearch
  • Business Growth, Information Technology, Performance Improvement, Sales Analysis, Strategy, Sustainability, Technology for SMEs in Kenya
  • September 19, 2022

Importance of E-commerce to Businesses & Business Owners

 

Importance of E-commerce to Businesses & Business Owners – Where most clients choose to shop from the convenience of their own homes, the internet market is thriving in today’s ecommerce environment. Online customers can purchase almost anything with only a few clicks. Shopping online gives consumers access to a vast array of items, brands and stores, allowing them to save time and shop for the lowest price. Because the ecommerce sector is booming, every business owner must have an online presence in order to sell their goods and services.

We have outlined the key advantages of using an ecommerce website to sell your products online.

Improved cashflow

An e-commerce website will allow you to sell at greater margins if your company is incorporated in the trade industry sector. The increased profits on your items will be even more significant. These websites’ shopping carts and payment choices ensure that you obtain a 100% upfront payment from the consumer. This will improve your cash flow, especially when customers are accustomed to making payments over several months.

Scalability

E-commerce websites are great for keeping track of which items are selling well so that you can ensure that the inventory levels of these items stay high. Additionally, how these successful products may be diversified to expand the variety of merchandise available for purchase on your website. This will help you expand your business in terms of sales, client base, and earnings.

Cost reduction

One of the biggest advantages of ecommerce to business that keep sellers interested in online selling is cost reduction.  With an ecommerce store, a seller can reduce how much is spent in store upkeep. An ecommerce store is affordable and requires less investment when compared with a physical store.
This is also a good opportunity for individuals and small scale sellers who want to earn an income but don’t have the required start-up capital.

Affordable advertising and marketing

Sellers don’t have to spend a lot of money to promote their items. The world of ecommerce has several affordable, quick ways to market online. Ecommerce marketplaces are visual channels – and sellers can really show off their product. For example, Amazon sellers can use Advertising tools to add videos, infographics, good quality resolution images.

Flexibility for customers

An important advantage of ecommerce to business is that sellers can provide flexibility to customers. One highlight is that the product and services are ready 24/7. The result is that seller can offer his item any place, any time.

Product and price comparison

In ecommerce, sellers can compare the products using tools or on their own. This gives them a good idea of product alternatives available, the standard rates, if a product need is unfulfilled. When people see many items ready for purchase, they feel more confident about spending.

Several payment modes

Buyers like personalization – the same goes for paying for their orders. Ecommerce marketplaces permit multiple payment modes that include UPI, cash on delivery, card on delivery, net banking, EMIs on credit or debit card and pay-later credit facility.

Enables easy exports

E-commerce exports assists sellers to directly sell to international customers in global marketplaces. This allows them to transcend beyond national boundaries and expand abroad. With e-commerce, sellers don’t have to invest in a physical setup to reach customers. Instead, they can use attractive product listing and acquire new customers internationally with ease.

Personalized online experience

An ecommerce website can help enhance the online shopping experience. One of the biggest online business advantages is that you get to create personalized landing pages for different audiences. This can entice them to buy from you without much extra work on your part.

Based on the Importance of E-commerce to Businesses & Business Owners, as well as the e-commerce statistics, it’s clear that online selling is the way forward. Reach out to Robisearch Limited today on 0716413386 or 0780655987 and get your dream  ecommerce website today!

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  • Robisearch
  • Business Growth, Information Technology, Organization, Performance Improvement, Results Delivery, Strategy, Sustainability, Technology for SMEs in Kenya, Time Management, Uncategorized
  • September 9, 2022

Importance of Human Resource Management Systems To Businesses

 

Primarily, a Human resource management system ensures systematic arranging of data and information with respect to employees in an organization. This systematic arranging automatically leads to significant planning, adequate and prompt decision making and also streamlining of business operations. This simply enhances the end result of business operations.

One of the significant advantages of a human resource management tool is that it is highly flexible and can perfectly pitch to the business need. The other advantages are discussed below:

Managing the employee regularity

The success of any organization lies in the selfless contribution and commitment of its employees. The employee presence or employee attendance matters the most to a company. Most of the HRMS/HRIS comes integrated with employee attendance management system. The feature helps the business managers or HR professionals to keep track of the employee attendance and leaves in a business. Both parties can easily process their requests.

Safeguarding employee rights

Employee rights are equally important to employee benefits. It is the primary function of the business organization to safeguard its employee rights. This is  in terms of wages, overtime, workplace safety, wrongful termination or discrimination. With the help of a human resource management tool, one can efficiently work on the human rights of employees, keeping them privileged.

It helps empower employees

The focus of an HRMS can be increasing the involvement of employees and empowering them. Under such a system, employees are given more decision-making power, and teamwork is encouraged. For example, a small-business owner may want to shift from focusing on the day-to-day functions of the business to expanding the business. This requires trusting employees, training them, and giving them more decision-making authority.

It enhances customer service

Small businesses have typically limited market share. Providing excellent customer service is one strategy to defend market share. An HRMS focused on delivering good customer service includes improving the physical work environment, a supportive and collaborative spirit to cover possible mistakes, and use of appropriate service delivery technologies such as computers.

Cost effectiveness

The Human Resource Management System will allow you to automate time-consuming data entry tasks. This way, you will save the company a lot of money because the automation, in addition to the initial savings, will free your organization from using paper. With the right HR software, all processes will become digital.

Routine task automation

Another great advantage of implementing HR software in your organization is that you could automate several day-to-day tasks just like that. With an appropriate HRM system, you won’t have to worry about paperwork, managing employees’ benefits, salary, taxes, and other information of this kind. It will all be in the system analyzed and collected automatically.

Effective data tracking and management

Another valuable benefit of the HRM system is that it ensures that important information always comes first to you. No more out-of-date and inadequate data that hinders decision-making. An HR software collects data and enables you to access it anytime and from any place you want.

Employee payroll management

HRMS can efficiently manage the payroll of all the employees in the company. Now, payroll management is not just limited to the payment of salary. It includes a wide spectrum of activities that need to be included as a part of employee compensation management. Not just in one location, HRMS can combine the payroll management of all employees of the company across all geographical locations.

Any discrepancies in payroll data can result in the downfall of any business. Therefore, managing payroll effectively is of extreme importance. And, there is no better way to manage payroll than to apply HRMS.

Recruitment management

It is a simple, easy to use software that greatly reduces human effort and time spent in hiring by automating the various aspects of recruiting, including sourcing, screening, documentation and onboarding. Thus, you can now easily accept resumes and online applications, screen the applications to shortlist the fittest candidates and manage a pool of ideal candidates for future job openings.

Employee benefits administration

HRMS makes the entitlement, allocation and calculation of resources transparent to the employees and the management. This helps to solve many discrepancies in data if it were to arise eventually leading to better administration and management of resources.

Employee performance management

HRMS enables employers and managers to provide 360-degree real-time feedback. This makes the performance management process robust, efficient and result-oriented. Employees no longer have to wait for the yearly performance reviews to know where they went wrong. Periodic feedback with the help HRMS can help in the instant implementation of suggestions resulting in better efficiency and productivity from the employees.

Enhances employee self service

Empowering employees is the most standout feature of the HRMS. Employees often have many queries and doubts and seek detailed and immediate answers. It is often not feasible for the HR team to answer each query of employees, especially when the company has hundreds of employees.

In such a situation, the HRMS system can come to rescue by providing better self-service opportunities for employees. They can simply feed the policies and other data into the integrated system. And the employees can log in to their respective accounts and seek all the information they need without disturbing the HR team. This smooth and seamless flow of information boosts transparency and efficiency at the workplace.

In conclusion, Importance of Human Resource Management Systems To Businesses cannot be overlooked. An effective HRMS, in theory and practice, will ultimately lead to improved efficiency and greater benefits for the business. It will help the company achieve its objectives of growth and expansion. Reach out to Robisearch Limited today 0n 0716413386 or 0780655987 and get your system installed!

 

 

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  • Robisearch
  • Business, Business Growth, Information Technology, Performance Improvement, Results Delivery, Uncategorized
  • September 7, 2022

Features of A Good Human Resource Management System

 

Features of A Good Human Resource Management System – When your company reaches a certain size, keeping all information in spreadsheets becomes more trouble than it’s worth. Going through each and every document to ensure records match gets tedious (and introduces lots of errors).

The Human resource management system refers to an automated process that can be able to manage the entire workforce, recruitment activities, payroll management, employee training, performance evaluation, and so many other things. HR professionals can manage these activities through a computerized system called human resource management software.

To find an easy-to-use HRM software that meets your business needs, look for a product with the following key features:

Employee management

This feature can allow the HR professionals to manage and maintain the employee’s profiles and personal information such as employee position, salary history, tax and banking information details, performance evaluation, disciplinary details, insurance plans, and many more. Moreover, it can allow you to keep a record of this information for further needs.

Payroll management

The HRM software is able to provide an absolute payroll management module that can allow you to manage all payroll-related activities easily and accurately. You do not have to purchase any payroll software individually because you will get a complete payroll system in the HR management software.

Benefits management

To enrich your employee’s gratification, you need to offer various facilities such as health insurance, life insurance, retirement plans, and many others benefits. Actually, the HR department can ensure these facilities and manage such operations. If you integrate an automated system for managing these activities, it will be very conducive to the HR department.

Attendance management

This feature allows you to manage attendance forms and check attendance reports through the attendance log. So, you can manage your employee attendance system by using this feature.

Self service ( management)

Managers’ self-service functions help you speed up HR processes and allow you to carry out various tasks like reviewing candidate applications, entering performance review data, approving expenses claims, and accessing employee information.

Self service (Employees)

Employee self-service functions enable your employees to input personal data, check on the status of their benefits, and request time off. This can save your HR department a ton of time as they no longer have to be the go-between your staff and this information.

Absence management

HRMS software can help you track and manage the absence of your employees. It makes it easy for managers to know who’s in and who’s out and for what reasons – be it on vacation, sick leave, maternity leave, or other paid time off.

Real time reporting

Your HRMS should offer tailored and customizable analytics and reports from your system’s data. Real-time information and reporting enables you to make timely decisions that enhance performance against KPIs.

Access controls

Access to information, reports, and data will be designated as either private or public. The best HRMS software has administration functions to assign levels or tiers of access to different resources. This works to enhance data security and prohibit classified information sharing with non-authorized users.

Company policies and objectives

Money spent on training programs, development, and certifications is an investment towards meeting business goals. Your HRMS system should be capable of parsing your developmental strategies and comparing them to your preset policies and objectives.

Recruitment and hiring

The system can automate and optimize a data analysis on peer positions and pitch the correct salary. The automated recruitment module of HRMS makes hiring procedures swift with easy to prepare templates and follow-up with recruitment.

Performance evaluation

HRMS efficiently simplifies the assessment process by taking KPAs and KRAs into accountability. It gives more transparency and unbiased output of attendance and punctuality of every employee. With individual productivity track, knowledge management becomes effective and improves skills via training and development.

Talent retention

HRMS helps to develop employee recruitment to retention strategies. If the attrition rate is high in an organization, HRMS will support the HR Manager with relevant analytical information to come over this problem.

Employee training

With the change in technology and process, every employee needs to upgrade his/her skill sets. HRMS helps identify this gap of skills and guides in managing employees’ training requirements and monitors the significant cost required for training and development.

As a good place to start deciding what kind of solution is best for you, Robisearch Limited  provides the best human resource management system on the market today. Reach us on 0716413386 0r 0780655987 for inquiries or more information.

 

 

 

 

 

 

 

 

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  • Robisearch
  • Business, Business Growth, Digital, Information Technology, Marketing, Performance Improvement, Results Delivery, Strategy, Sustainability
  • September 7, 2022

Importance of a Website For Up and Coming Businesses

Importance of a Website For Up and Coming Businesses – If your business has gotten this far without a website, you might be wondering why you need one. The short answer is that there has never been a better or more important time to invest in a website for your business. A website offers a wide variety of benefits for small businesses, and most of these benefits increase in value exponentially year over year, just like the Internet itself.

Having a website is important for small business for many different reasons.  From building credibility with customers to capturing leads and web visitors, your website should be an accurate representation of your company.  And even more than just that, it should be a powerful money making machine that brings you leads and new customers.

Below, we discuss why a website is important for up and coming businesses.

Brand credibility

Your website will give you instant brand credibility. This will lead to more sales and customers. It is a very important reason why you need a website for your business.

Describe your services

Your website should clearly describe the services your business has to offer.  If you can do this well on your website, you will get more relevant phone calls and leads.

24 hour advertising

Your website is a 24 hour billboard for your business.  Now, I’m assuming your business is not open 24 hours a day, 7 days a week.  How can you advertise your business when you’re not open or available to take a call?  Your website, of course!

Show you exist

Your website is quite simply, proof of your existence as a business.  Without the powerful combination of a website and local SEO, your business would not show up online (or on Google maps!).

Funnel visitors

Besides simply landing on a specific page, your website should funnel visitors to different channels.  This will ultimately increase your website’s relevance and value.

Make a purchase

Your website should be an easy way for customers to make a purchase.  As you may already know, the buying process begins online most of the time.  What this means is that you have a very good opportunity, with a properly designed and optimized website, to make sales with your website.

Increase exposure

Your website should increase the online exposure of your business which is crucial to continue to see growth. For example, if a customer does a search on Google, ideally you would want this potential customer to stumble across your business.

Increase trust

Most people in today’s online era would not trust a business (no matter what kind of business it is) if it does not have a website.  Without a website you not only don’t have the opportunity to get in front of potential consumers.  Additionally, most people would not think your business is legitimate or successful unless you have a website.

Capture leads

A website should ideally capture leads of web visitors.  This is why having a website is so important for your small business.

Distinct and strategic calls to action should be placed on your site’s landing pages.  Structuring your site properly and placing CTA’s in the right places is the difference between a website that makes money and one that does not.

Communicate your brand’s values

A website can easily communicate your brand’s values to people who stumble upon it.  This includes style elements, target market, and other important things that can help visitors decide whether or not to choose your business.

Additionally, business branding signals to visitors that you are established and successful. This simple communication of your stature is enough to help you get new clients.

Answer important questions

Having a website is important for your small business because your website can answer questions.  Most of the time, customers would rather look online than call a business to find out basic information.  Not having a website would mean missing all of the potential customers who do not want to reach out and ask you about your services.

Additionally, your website can communicate basic and fundamental things about your business that the public would like to have on hand.  A website’s ability to answer consumers questions in just one of the many reasons your website is important to your business.  Without it, customers would be lost.

Having a strong online presence can truly be a make or break for any business. Visit our website or Reach out to us on 0716413386 or 0780655987 and get a website today!

 

 

 

 

 

 

 

 

 

 

 

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  • Robisearch
  • Business, Business Growth, Information Technology, Performance Improvement, Results Delivery, Sales Analysis, Strategy
  • September 5, 2022

Importance Point of Sale System to Retailers

 

 

Importance Point of Sale System to Retailers – Point of Sale Software helps offer valuable insights into the inventory levels, customer data, sales records, and more. This information makes it easier for retailers to build their future marketing and management strategies based on current insights.

Here are some of the reasons Point of sale system is the way to go for retailers:

  • Order and Billing

The most common feature of the point of sale software is to simplify billing and transactions. The system you choose must feature the billing and order processing module that can scan the purchased goods and accept payment through different payment methods.

  • Track Your Sales Performance

Recording your sales performance can be a challenging and time-consuming task for retailers. You are going to need an accountant to record daily and weekly sales transactions in a systematic manner. You will need this data to generate accurate reports concerning the overall sales performance of your business.

  • Inventory Management

Another important yet tedious administrative task is inventory management. The POS software enables store owners to gather real-time inventory updates anytime and anywhere. Using this automated software, you can track the inventory as it goes in and out of the warehouse.

  • Customer Management

You don’t need to install a special software application for managing customer relationships. The POS software comes packed with the customer relationship management module that helps you track their previous purchases and expenditure. By providing your customers with personalized service, you can boost your relationship with your audience and help build their trust in your brand.

  • Employee Management

Usually, companies implement a separate module for managing employees’ performance. They opt for HR management system or employee attendance tracking software to automate all the employee management tasks. However, POS software can also be used for tracking the employee’s performance and their overall productivity.

  •  Purchase Orders

Another important module of the point of sale software is the purchase program. For medium and large-scale organizations, preparing the purchase order and forwarding it to the supplier can turn out to be a hectic job. As a business owner, you are supposed to list the products you need to add to the inventory.

  • Reporting and Analytics

Point of sale software generates accurate sales reports that allow business owners and managers to track their sales performance. From profits to business expenses, everything can be recorded and monitored from one place. It helps you gather real-time data in the most convenient way. If you choose to install the cloud-based point of sale software application, you can collect the sales, employees’ performance, and other such reports at any time and anywhere.

      8. Greater Accuracy

A point of sale system with an easy-to-use, touchscreen interface puts all the information your sales associates and cashiers need at their fingertips.  It eliminates manually keying in items and prices like you would with a cash register. Point of sale technology improves accuracy throughout your entire operation, with real-time data. Eliminating the need to upload or enter data into back-office systems — minimizing the risk of human error.

       9. Faster Service

Your customers do not want to wait in long queues. In fact, if checkout lines are too long, customers will get frustrated and put back the items they intended to purchase and walk out. A POS solution provides a faster checkout process than cash registers, especially if they’re using a barcode scanner to ring up the products.  POS technology allows you to make the most of the checkout experience to engage customers and make sure they leave with a good impression of your brand.

       10. Simplified Accounting

A point of sale system helps streamline the accounting process. Old-fashioned cash registers force accountants to sort through hundreds of receipts, but with a POS system, you can print reports and, in many cases, import data directly with your accounting software.

          In conclusion, a POS system can boost the performance of your business. As we have seen, these systems come with different features which allow you to perform various activities as explained above. You should be aware of the features you would require for successful management of your business. If you have not yet purchased a POS system for your business, you are indeed missing a lot. Look for it today to boost the performance of your business. At Robisearch Limited, we specialize in point of sale solutions for all business types.  Contact us today  on 0716413386 or 0780655987 to find the best option for your business.

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  • Robisearch
  • Business Growth, Information Technology, Performance Improvement, Strategy, Time Management, Uncategorized
  • August 31, 2022

Features Of An Effective Biometrics Time Attendance System

Features Of An Effective Biometrics Time Attendance System – Long gone are the days when the only available method of tracking employee attendance were pen and paper sheets. Biometric attendance systems are now becoming the weapon of choice for businesses trying to minimize time theft and reduce costs related to lost productivity. While biometrics is not a fool-proof solution, the advantages of biometric attendance systems far outweigh any potential downsides.

A great and effective biometric time attendance system should have the following features:

          1.  Identification Time

The success of a biometric attendance system depends on the time taken for the identification by the biometric machine. Look for devices that sense fingerprints quickly within a fraction of a second and auto push the data to the server for accurate time of the attendance.

         2.  User Capacity

Look for a biometric attendance system that can store and verify a large number of templates (fingerprints, face, palm, etc.), even if your organization has just a few employees currently. This way, the device will be able to enroll new employees as your business grows over the years.

         3.  Access Control

Apart from time-tracking system, biometric systems can also be used for security purposes like restricting non-authorized personnel into protected areas of the building. Look for devices that have integrated access control functionalities. Integrated systems lead to enhance the productivity as well as security of the organization.

         4.  Connectivity

Internet connectivity is a required feature of the biometric machines. Readers transfer clock-in and clock-out time of the individual employees to the attendance and HR payroll system. When it comes to updating the system and keeping it working without bugs in the future also, internet connectivity is mandatory. As we are talking about connectivity, USB connectivity can be additional to have back up of the data quickly using an external device

          5. Integration to Payroll Management Systems

The data from the system plays a vital role in improving the efficacy of HR payroll management systems. With precise attendance details of employees, it’s easier for the HR team to compute employee salaries quickly and perfectly. Go for systems that send data directly to the HR payroll software, thus, simplifying payroll computations.

          6.  Support

While biometric attendance systems are easy-to-install and easy-to-use, there may be instances when you would face some issues and require expert assistance.

The above discussed Features Of An Effective Biometrics Time Attendance System will guide you get the best suppler for the product.

Always purchase your device from reputed companies like Robisearch Limited, which offer you both online support and offline service support. Reach us on 0716413386 or 0780655987 for the best software solutions!

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  • Robisearch
  • Business, Business Growth, Creative, Information Technology, Performance Improvement, Strategy, Sustainability, Uncategorized
  • August 23, 2022

Why Businesses Should Invest In An Online Feedback Platform

 

An increasing number of businesses are investing in customer feedback channels because of the value and insight they can gain from it. One thing to note is that a good and well-constructed suggestion or idea can lead to the success of a business. It can take a business from one level to the next.

There are enough reasons why you should use an online feedback platform as a company or organization.

Let’s take a look at them:

1. All-time access

One important reason why a company’s suggestion box should be virtualized is that the company’s target market may leave or even work in a different region or time zone. They might not be able to write a note and drop it in the office suggestion box, but with an online suggestion box, they can have access to drop their input anywhere and anytime in the world.

2.Anonymity

The online feedback platform allows feedback to be collected anonymously. This is because there is confidentiality in response collection. The software is also built to erase biases and have a secure system that protects individuals’ data.

3. Honest insights

An online feedback platform eliminates all risks of external influence on your customers or employees. This helps to facilitate honest feedback without any fear.

4. Automated result collection technique

The online feedback platform automatically collects ideas and feedback and processes them faster, unlike traditional suggestion boxes where an employee has to spend time reading the responses.

5. Fast delivery

Unlike the traditional office boxes where someone might forget to collect all the notes. An online or a virtual suggestion box processes suggestions quickly. The suggestion box can also be set up to notify specific personnel in real-time when a new suggestion has been received.

6.Make the right decision

Receiving suggestions or ideas online from different customers, communicating their wants or needs can help the management of an organization to make informed and rich business decisions. The gathered information will assist the research and development team to keep afloat in the market by serving the desires of their customers.

7.Qualitative and quantitative feedback

The responses gathered from the collection can help rebrand organizations and make improvements while saving costs.

In conclusion, with Robisearch Limited, you get real-time reporting, customer mapping, automated feedback collection, and so much more. Not to mention, you’ll be kept up to date with any new feedback trends or opportunities.

Meeting your customer demands is crucial to business success because 75% of customers expect you to understand what they want. But achieving that without asking for their input is impossible. So give yourself the best chance of growth by engaging with your customers, by ensuring they feel heard. For a  customer feedback platform that grows with your business, reach out to Robisearch Limited on 0716413386 or 0780655987

 

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  • Robisearch
  • Business, Business Growth, Digital, Information Technology, Performance Improvement, Results Delivery, Strategy
  • August 22, 2022

Uses of Online Suggestion Box

The digital feedback platform can be used for an array of activities. Some of these include employee feedback and customer feedback. Some of the uses are discussed below;

1. Employee feedback

This is very useful for an organization especially when there has been an internal change. The digital feedback platform can be used to check in with your employees and seek their opinions on the change that has been made and how it is affecting them.

You can also set up the digital feedback platform to send out questions at intervals so that your employees are free to share feedback and information in real-time.

For example, you can set up these questions for your employees on your online suggestion box:

  • Do the vision statements of the organization align with your personal goals?
  • On a scale of 1-9, how likely are you to leave the company?
  • Do you feel like the organization promotes a healthy work culture?

2. Product Feedback

Let’s say you just launched a new product. If you want to find out how customers are reacting to it, you can use an online suggestion box.

You can learn how the customers feel about the product if there should be an improvement or if they totally enjoy it from the feedback.

This method of customer interaction provides insight into how the customers perceive your products and why they would buy them.

For example, you can set up these questions for your customers on your digital feedback platform:

  • How well do you like the new product?
  • Which of our products would you recommend  to your friends?
  • Which product would you like us to introduce?

3. Customer Feedback

The amazing thing about the internet now is that your customers can become ambassadors for your brand if they are satisfied with your products and services.

In the same vein, your customers want a superb resolution service if they encounter any problem using your products and services.

An effective way to hear what your customers have to say is to provide them access to a virtual customer suggestion box where they can easily drop their opinions.

For example, you can set up these questions for your customers on your digital feedback platform:

  • Which of our products do you like best?
  • Which new product would like for us to introduce?
  • Do you have any further suggestions or ideas or questions?

4. Market Research

Conducting market research can determine how successful your business can be. Conducting the market research can be an additional cost for the organization. Therefore, you can use the  digital feedback platform to gather information from your target audience and target markets. You can even be contacted for an opportunity to collaborate.

For example, you can set up these questions for your customers on your online suggestion box:

  • Are the prices of our products fair for the quality they offer or are they higher or lower to what is obtainable from our competitors?
  • What stands us out from our competitors?
  • Would you give us a referral?

Conclusion

The importance of an organization or any business entity setting up a digital feedback platform or an online suggestion box cannot be stressed enough. If you are a business that is passionate about interacting with your customers and your employees and also getting honest feedback you should definitely set up one. Reach us on 0716413386 or 0780655987 and we will definitely help you out!

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  • Robisearch
  • Business, Business Growth, Information Technology, Performance Improvement, Strategy, Sustainability, Technology for SMEs in Kenya
  • August 15, 2022

WHY BUSINESSES SHOULD INVEST IN BUDGET MANAGEMENT SOFTWARE

 

The right budget management software can help you monitor growth, plan your assets wisely, establish your net worth, limit expenses, secure backups of accurate accounting data for future reference and run your business better. Below are some of the reasons why businesses should invest in a good budget management software.

1. Improved Transparency

Budget management software will help you deter and fight fraud involving inflated expenses. It can do this in many ways. First, the software makes it hard for employees to alter digital receipts.

Secondly, employees will be unable to claim losing digital receipts. Also, it will be easy to recognize suspicious expense entries and trends. The software has easy-to-read reports that make identification possible.

2. Better Planning for Growth

As mentioned ,a budget management software is a great way for businesses to automate their budgets and keep track of their expenses. Any capital that you save can be used in reserve for any business opportunities or new ventures that might contribute to your company’s growth.

3. Improved Management of  Cash flow

Any cash that is flowing in or out of a business within a specific period of time is called its cash flow. Businesses, especially larger ones, often use budgeting software tools to manage their cash wisely or to determine whether they have enough funds to continue operations.  For example, a real estate firm might use budgeting software to determine if it can start promoting more deals before being paid for the deals that are in progress.

4. Better Performance Evaluation

Since a budget is often used to see how a company performs every year, it can be a pretty handy tool. As a business owner, you can use it to estimate expenses and compare it total expenditures or what you have already spent on. If there are anomalies in your forecast, you can always compare these factors to review your finances for any errors.

5. Improved Financial Control

One of the best reasons why businesses need to budget is to have more control over their operations is to control where they spend their finances. Continuous budgeting and finance reviews keep a company’s funds in check and ensures that it doesn’t go over budget.

6. Improved Planning of Operations

A budget management software is like a planning tool – it helps you determine how much you can spend on different operations without draining your funds. Companies often compare current and previous budgets to see whether results are improving based on financial activities regarding liabilities, equity, costs, assets and revenue over time. A budgeting tool can make it easier for accountants or staff to categorize these factors and automate the whole budgeting process. And since the process is fully automated, it saves time in creating master budgets with planned inputs such as sales revenues and outputs or their expenses. In other words, this budget can be used to estimate what a company receives from its sales revenue and how much it will have to pay for it.

7.  Established Net Worth

A good budget management software comes with functions that can calculate a business’s net worth. A business’s net worth is the amount or value of every asset you own without the debt. In other words, it is the total assets that remain after your account for all liabilities.

8. Limited Expenditures

For businesses, budgeting is necessary to ensure that they do not spend more than they have to on resources or unessential items. But manual accounting methods are open to human error. Also, since manual budgeting reports are not always in front of you, you can end up spending more than your original cap. Budgeting software can draw up records of previous transactions with a few clicks which can help you limit your spending.

In conclusion, Robisearch Limited is one of the most comprehensive enterprise software providers, with tools for a wide-range of operations. These include budgeting, financial reporting, biometrics and so much more. For businesses  looking for a complete solution for their financial processes, Robisearch Limited is the perfect choice. Reach us on 0716413386 0r 0780655987

 

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  • Robisearch
  • Business Growth, Information Technology, Performance Improvement, Strategy, Sustainability, Time Management
  • August 11, 2022

BENEFITS OF ERP SYSTEM TO UNIVERSITIES

 

An ERP software is a type of software that helps businesses manage their daily operations. This includes managing inventory, tracking sales and customers, and much more. School / College ERP software can be very beneficial for schools, as it can keep track of their students, teachers, and staff. It can also help schools manage their finances and budget better. ERP software can also help you streamline your school’s entire operations and make them more efficient. The benefits of an ERP system to Universities include the following:

  • Student information management

Robsearch ERP can store admission details, fee transactions, and attendance records. It also tracks subject schedules and marks scored by students in various exams.

Administrators can program the student management module to update the selected data automatically. The information is later accessible to professors, auditors, parents, and administrators.

  • Role-based access to data

College ERP systems offer a multilevel data access hierarchy. As a result, everyone gets role-based access to data. No matter if it’s the principal, guest lecturers, clerks, or other admin team members.

The feature ensures that information remains secure at all times.

  • Better decision making

With ERP software, you will have access to all the data you need to make informed decisions. This information can be used to improve your school’s overall performance. Additionally, ERP software makes it easy to generate reports and share data which helps the stakeholders in better decision making

  • Better communication

An ERP software will allow you to send information more quickly to the right people. ERP software can also help improve communication and collaboration between teachers, students, and parents. Additionally, students and parents can easily communicate with each other through the software. This improved communication can help improve your school’s overall performance.

  • Improved learning outcomes

With an ERP system, your school will be able to track the progress of its students better. This will help you know the exact whereabouts of each student. You can track each student’s progress and take corrective measures whenever needed.

  • Better Financial Management

An ERP software can help schools to keep track of their finances. It can track income and expenses. This information can be used to create budgets and make financial decisions.

  • Save Money

One of the biggest advantages of having ERP software for your school is that it can save you a lot of money. ERP software can help to automate many processes in your school. This can free up staff time so that they can focus on more important tasks. It can also help to reduce the need for paper records, which can save your school money on storage and printing costs.

In conclusion, there are many advantages of having ERP software for your school. Perhaps the most important advantage is that it can help to improve communication between different departments within the school. This can lead to greater efficiency and better use of resources. Robisearch Limited provides ERP systems for some of the leading Universities in the country like JKUAT University. Reach us on 0716413386 0r 0780655789 for more information or inquiries.

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