How to Automate the Business Process

If you want to learn Automate the Business process, you need to learn following automation.

1. How to Automate the Purchase Cycle and Sales Cycle

First of all we should know purchase and sales cycle

 (A) Purchase cycle

Purchase cycle means purchase order cycle or supply chain management.

This process start from requirement of purchase for business and its acceptance from purchase department. Then creation of purchase order. Then checking the budget to buy same material. Then finding the vendors. Then we have to negotiate same vendors. Then arrangement of delivery of same purchase.

One of best open source software for this are Apache OFBiz, open boxes, openlmis, odoo, xTuple.

(B ) Sales Cycle

You know that if you learn to automate the sales process, it will increase your speed of sales process. For example, if I show the payment gateway button in my online store for selling my ebooks, you can pay faster and it automatically deposit into my account and you get fast my ebook. So, both seller and buyer can get benefits from it.

Following are the process of automation of sales process

1. Sell online through payment gateway

2.Use accounting software for recording sales with all tax obligations.

3. Use online back up of your sales record.

2. How to Automate Expenses 

One of business process is to record and track the expenses and control it in budget. All work now easily can be done through accounting software like Tally.ERP 9. Budget of expenses can be made through any simple spreadsheet and control our earned money out of budget spending. These accounting software can also facility of invoice generation.

3. Automation of Your Customers and Suppliers

You must need to record of your customers. One customer has the power to generate next 250 own sales and sales of 250 of his network. So, we should not under estimate our customers. We should have the own database of customer name, address, email, whatsapp and mobile no. We should now what did he buy in past. So, you can do better marketing.  If you have to query from your whatsapp or other social media relating to your product. You have to add in unique product id and add in your broadcast for promoting your business.  Updated with more giving awareness to customer will help to grow your business.

All most all the ERP software have the option to record all database of customer. So, you can manage your customers.

Like this, you should have the keep the record of supplier online and offline. So, you can find the contact detail for next buying.

4. Automation of GST

In Indian business, GST automation is very necessary. Today almost all the accounting software are updated and will help to automate GST with your transaction record.

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Accounting Education: How to Automate the Business Process
How to Automate the Business Process
Accounting Education
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