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An essential software
every trading organization must have.
Quotations, Invoices, Bills, Purchase
orders etc. can be created in a jiffy
using a wizard. Automatic Tax calculations,
Generation of statutory forms, Printing
of a number of custom reports in user
definable formats are supported. Smartrade
can be upgraded to a full-fledged accounting
package.
Trading is all about buying and selling.
Sounds simple! But, not so in today's
business scenario, where there are various
processes involved, in order to establish
a systematic and efficient trading business.
The complexities of trade notwithstanding,
technology today has advanced to such
levels as to automate every business process
to ensure optimum results being achieved
in order to stay ahead of the competition.
Smartrade as a product was evolved through
the culmination of consolidated Research
& Developments along with the essence
of actualised business experiences of
all the big and small processes of a trading
operation. Smartrade is an intelligent
software that gathers and processes data
and provides the user with the relevant
information, as the normal trading activity
goes on. There are scores of tools built
into the software which converts the information
into knowledge ware, which in turn act
as ready reckoners or alerts, that help
the user achieve maximum accuracy.
At the core of Smartrade is the Inventory
Management process which works in tandem
with the Finance Management system.
The Inventory Management
process keeps track of every material
movement occurring in the entire organization,
be it sales, purchases, sales and purchase
returns, cancellations, stock transfers
and so on. In addition to the regular
inventory keeping, Smartrade has provisions
to keep track of the perishables, spoilages,
wastages, expiries and has a facility
to account the inventory in batches. The
user has the option of using either the
FIFO method or random choices for dispensing.
The items are categorized in multiple
groups, enabling the same product falling
into heterogeneous groups to support the
various permutation and combination of
groupings. The Maximum levels and Reorder
levels of every item can be predefined
at the back end. Optional provision for
the barcode system complements swift transactions.
As regards the client, every client's
credit limit and credit period can also
be pre-defined. A complete previous purchase
pattern of a particular client for whom
the billing is being done is readily available.
So while the billing is being done, the
user gets timely alerts in case no further
credit is allowable to the client.
Finance Management is
the other core area that Smartrade incorporates.
Effective and efficient finance management
is the key to the success of a business
and sales and services form the mainstream
of revenue generation. A good analysis
tool goes a long way in assisting the
management to make strategic business
decisions. Smartrade comes with a built-in
Analysis tool that gives vital information
concerning the sales trends and comparisons
of past purchases, which paves way for
smart purchases and sales all the time.
The Cost Analysis module provides the
purchase costing and helps the user decide
on batch wise selling price through user
definable criteria or by using a fixed
formula. A detailed break up of the costing
in terms of duties paid on imports, freight
and insurance charges and other statutory
tax structures that change from time to
time are reflected in the costing module.
Smartrade supports the multi currency
system which makes the cost calculation
a simple process, for the purchases made
from different countries.
The Ageing Analysis along with the other
structured MIS reports keeps the management
informed on accounts receivables, accounts
payables and the stock status at any given
time. Convenient and extremely user friendly
browsing tools allow for an overall view
of an entire gamut of transactions, be
it sales, purchases or the stocks by item,
brand or group. Similarly, Sales break
ups can be viewed for each salesman, sales
agent or each sales counter. This provides
the necessary inputs for deciding the
commission and incentives structure or
for evaluating the overall sales trend.
Taming the paper tiger
has been an age old challenge for every
Organization. The advent of the electronic
age, followed by automation gave organizations
some respite from the tedious and time
consuming documentation tasks. Automating
the repetitive forms of business communication,
like quotations, invoices, delivery challans
etc. without compromising on it's authenticity
became the norm of the day. Not to mention
biding adieu to the indispensable usage
of other software with the services of
a typist or secretary. Smartrade generates
Quotations, Proformas, Order copies etc.
in a jiffy through it's built-in wizard.
Similarly at the click of a button, a
quotation can be converted into a Proforma
invoice or a Sale bill, thus doing away
with the task of retyping the same while
maintaining the authenticity of these
important documents.
Smartrade is yet another world class
software solution brought out by Bion
- a Company having over a decade's standing
in the IT Industry as a dedicated and
a progressive solution provider. Bion
has proved it's mettle in successfully
implementing Enterprise level software
solutions in various prestigious organizations
both in India and overseas.
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