12 Jun

Keep Hold of Your Customers in Recession

Being closer to customers is imperative for any business and becomes obligatory during this economic slump. During this tough time, finding new customers for your business is quite tough and expensive whereas it takes less effort and is economical to retain your existing customers. Moreover, it is easier to sell additional products to existing clients than to search for the new ones, in this downturn.

Here are some tips that you can undergo to retain customers and beat this recession

by Shefali Dhamija | Business |  No Comments continue reading

26 Sep

Business Software Development

Business Software Development is essentially a branch of software development that concentrates on developing software applications primarily for commercial needs.

Being a part of the IT revolution that has redefined the way organizations functions and interact, Business Software is a huge resource for any firm that employs it. Over the past decade, this offshoot of Information Technology has dug itself in, so much so that it has established itself as the backbone of efficient functionality.

There is of course a difference in usual software development and developing business software.

• System software like an operating system (Windows, Linux) allows the user to interact with his system. Its features include system tools, utilities, drive management etc.

• Programming software helps the programmer write/create programs or software for various purposes. It includes tools like editors, compliers, debuggers, linkers, interpreters besides different programming languages to help the programmer achieve his target. er to write programs and software for varied needs. However,it is limited to developing software.

• Business software on the other hand is different in its field of application. It consists of several in-built modules like editing, accounting, resource management, inventory control et al that are meant to help the organization with the respective departments. It aims at synchronizing the operations of individual departments by bringing them under a centralized command.

Business software’s primary goal is to enhance productivity of an organization. Industries have come a long way from the days of rudimentary logistical requirements of trading agricultural produce. Up until the last century all businesses relied heavily on human control and supervision. Different divisions had individuals or trained groups looking over their operations. But just as the Industrial revolution changed the dynamics of the world forever, the coming of age of business software has been no less of a revolution.

Advantages of Business Software:

Although the possibility of absolute elimination of human inputs and supervision in business functions seems remote, what business software dies have to its credit is the immense increase in productivity and efficiency.

1) Reduced Time requirements : the ease of data creation and modification/editing/sharing/storage is phenomenally enhanced with the use of business software. Manual operations in comparison are time guzzlers.

2) Enhanced efficiency : The use of software is always preferred over manual work when it comes to commercial needs. This is simply because of the above mentioned time advantage and the numerous options that such software provide which make manual labor cumbersome in comparison.

3) Ease of Inter-departmental communication : many software meant for large scale business operations simplify inter-departmental communication and database management. This is a major advantage in large,complex corporate entities.

Types of Business Software:

For small organizations/home users:

Many fledgling firms and/or individual entrepreneurs use software like Microsoft Office or OpenOffice.org or simple accounting software for their daily operations. These are developed and priced in a way that makes sense to purchase for regular low-key business needs.

For medium scale business enterprises:

These include a broader range of operations like Customer Relations Management(CRM), Inventory Management, Human Resource Management, shopping carts etc. These arms call for extensive database management and coordination. Such enterprises use software like NetSuite, Sage Accpac, SAP Business One, Sage Abra HRMS,Taleo Business Edition, ABS Accounting Systems etc.

For large Enterprises:

Software packages like SAP All-in-One have become extremely popular with large corporate entities for the advantages they bring into everyday operations and the time they save in activities that are usually lengthy and tiresome. More examples of this type of software are Microsoft Dynamics CRM 3.0, Onyx Software CRM, Microsoft Dynamics NAV etc.

The Major Players:
The skills required for developing software that can take on the needs of a business organization, small or large, are immense. Therefore, there aren’t many scattered development centers that work to churn out such software. Instead, there are development firms that employ professionals to identify potential business sectors and develop software for them.

A few such organizations are SAP, Microsoft, Google(OpenOffice), Sage Group PLC, Agresso Limited and CedarOpenAccounts(COA). Most firms around the world use software released by these firms. The popularity of Microsoft Office is a fine example. So is the advent of SAP systems that has found decent success with organizations and industries alike.

Conclusion:
Business software development is becoming the nerve-center of businesses all over the world. Understandably so, with the priceless advantages of time reduction, efficient documentation and smooth database record management. The present trend is however toward online business software use. This has been prompted out of the necessity to cut costs further and avail the same services as a marketed software would provide. The fact that developers and vendors are turning to the Internet to market their products, albeit at a much lower price, shows just how popular and how important business software has become for individuals and conglomerates alike.

1 May

Outsourcing for Small/Medium Businesses (SMBs)

Outsourcing has taken the world economy by storm. Many a companies worldwide have gained enormously from it and gradually but surely, outsourcing from an option is becoming a mandate to remain competitive.

As we move down the food-chain, numerous small-medium companies still struggle to find the right outsourcing partner. Even if an outsourcing partner is identified, the relation is not successful due to various reasons.

The primary reason for the failure is the mindset – outsourcing is almost always taken synonymous to cost-cutting. This has proven to be a time-bomb for many companies as they end up outsourcing to firms that offer the lowest bid on a project.

Some of the important points to be kept in mind while outsourcing are:

  • You get what you pay for: The old clich holds true in the case of outsourcing as well! The cheapest vendor might not always be a good choice as they might try to under-sell to gain your project. A solid outsourcing partner would have overheads in the form of infrastructure and would have people on payroll. If you are on a look out for a long term relation – it may be a good idea to pay a little extra but to ensure that both parties make a profit.
  • Look for partners, avoid fly-by-night operators: Easier said than done! For maximizing ROI, outsourcing should be considered as a continuous process rather than a one-time activity. Find yourself an honest and reliable partner rather than looking for vendors each time you wish to outsource.
  • Transparency: Maintain transparency be it processes, timelines and costs (if possible). This would help you manage your commitments and estimate the deliverables.
  • Don’t expect the stars: While outsourcing, expect the initial “turbulence”. As any other process, it might require initial leg work for the processes to smooth up and work as you expect them to.
  • Don’t step into multiple boats: One good reliable partner is better than having 10s of unreliable vendors. Concentrate on finding one good partner.
  • Shop around but be careful: Relatively better outsourcing companies are quite wary of replying back to templatized e-mails sent to various vendors seeking a figure. Study, choose a few. and provide your complete contact details while sending an inquiry. If possible, use your own domain to send an e-mail to establish authenticity.
  • Walk with your partner: Attrition is very high in outsourcing favorable developing nations – your partner might face loss of one or more employees taking care of your project. Cultivate the culture of open-ness so that your partner can communicate clearly the reasons, if any for delay so that you may expect accordingly.
  • Communication: Don’t expect your outsourcing partner to be available 24×7 – schedule and maintain a communication plan that is feasible in the long run.
  • 24×7 work cycle: Yes, it is possible! It might take some time before you can actually get it going!
  • Commit but do not over-commit: Commit if you can – however, do not promise something that you cannot fulfill!

The aforementioned points come from the other side of the fence and is a result of numerous outsourcing successes over the past years. These cannot guarantee but should certainly help in a better outsourcing experience.

I welcome any questions or feedback that you might have.

Happy Outsourcing!

by parvesh | Business |  No Comments continue reading

19 Mar

Not again!

Not again!!! One of our websites was yet again copied over by a competitor.

This is the fourth time in the past 6 months when we called up the “company” who had copied our website and yelled to get the plagiarized content removed!

The more I think of it, the more painful it gets! It is not an easy task to get a website up and running in a good state and I am sure most of you realize it (unless you copy it!)

How could someone just blatantly copy over the complete website (including design and content) and call it their own?

Have you had similar experiences in the past?

by parvesh | Business |  3 Comments continue reading

7 Jan

New website for Vinove.com launched

Finally – the much awaited update to Vinove’s web presence finally was done late night 6th January or very early morning, 7th – should I say?

A number of people have worked on it and it has taken more than just hard work to come up with what we have today.

I would like to take the opportunity to thank everyone for their hard work and inputs. At the same time, I would like to congratulate fellow Vinovians on getting a shiny new standards compliant web presence :)

by parvesh | Business, Web |  No Comments continue reading

Best, Smart &
Effective Solutions

Quest for continuous learning, enhancements and establishing long term work relation with our clients has been the mantra of our success.
connect