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Maximize Profit with Automatic Finance Management and Visibility!

Microsoft Dynamics 365 /

As soon as your business starts growing, make sure you manage your finances quickly, extensively, and cohesively. The key to surviving and thriving in the market is your financial decisions derived from the data and reports you have. Make sure you have Finance Management Software that keeps your financial management agile and adaptable to the ever-changing market conditions. D365 Finance and Operations is one of the most used Finance Management Platform across the world. Its    Why Do You Need Financial Visibility?  World economies are expanding through globalization. Because of this you need to cope with the rivalry to last long. To ensure you produce sales, in the long run, your business needs robust financial planning. Implement a Budget Software which can:   Enable upcoming financial planning and fund acquisitions.   Ensure economic stability.   Boost your organization’s overall value and profitability.   Get accurate data to support your financial decisions.   Optimize workflow to allocate funds and resources.   How to Build a Lucrative Finance Management Strategy?  Finance management includes the practice of controlling, setting up, and managing your financial resources to achieve business goals. This may include various aspects revolving around expenses, profits, losses, etc.  To build a profitable finance management, you must check the following boxes   Planning finances based on forecasts while using tested functions to achieve financial goals.   Prioritizing long-term initiatives.   Creating plans based on market dynamics, your business model, and goals.   Effective finance management ensures accurate data your team can use to make effective financial plans to achieve goals. D365 Finance and Operations provides accurate business and market analysis to help you invest in the most lucrative options.   How Does D365 Finance and Operations Help Manage Your Finances?  Dynamics 365 Finance and Operations suite provides a single platform where you can avail yourself of all your finance management tools. The best part is, it evacuates the scope for siloes and enables a single source of truth. Its analytics tools enable real-time data to understand your financial shortfalls which you can use to make high-yielding financial strategies. It also provides the following capabilities:   Boost Your Financial Decision Making   With real-time visibility into your finances and robust analytics, Dynamics 365 Money Management Software helps you make logical decisions with the most accurate data. D365 Finance and Operations access your business’s conditions and enhance financial controls to foster growth and agility with embedded analytics, AI-driven insights, Power BI, and Financial Reporting.  Automates and Unified Your Business Processes  With this Money Management Software, you can minimize costs while optimizing spending throughout various business geographies using budget control, process automation, and financial planning and analysis. Automation speeds up your monotonous and siloed operations while freeing up your finance staff. You can boost your profitability by engaging them in other high-yielding tasks. Furthermore, this will also spare them enough time to research and plan more precisely.   Cuts Global Financial Risks and Complexities   D365 Finance and Operations helps you comply with your business location’s policies in almost all countries. Therefore, it is even suited for businesses having chains in different countries. Furthermore, you can centrally view, manage, and control all your businesses from the headquarters. You can avail yourself of guided, rule-based charts of accounts with no-code configuration services only to de-complexify regulatory reporting, global payments, and electronic invoicing.   Reduces Costs and Enables Strategic Impacts  With agile financial planning, process automation, budget control, and accurate analysis, you can easily find unnecessary spending and cut it likewise across various business geographies.   Provides Excellent Data Security and Back Up  Being hosted on and by Microsoft Azure Cloud, you can expect bank-level security from hacking, theft, malware, and viruses. Microsoft has assigned over 3000 technical experts to work 24/7 to keep your system and data safe. Once you associate with D365 Finance and Operations, you never have to dread data loss as it is backed up automatically on the cloud. It is easily uploaded and retrieved.    What Do D365 Financial Tools Ensure?  D365 Budget Management Tools ensure all your requirements for smooth financial operations are met. It simultaneously cuts manual labor, errors, and possible redundancies. Some additional features may include but are not limited to:   Visibility into all received and sent payments.   Coordinating expense statements, income statements, and balance sheets.   Maintaining different accounts and being able to search them easily.   Promising data security and integrity.   Tracking and updating the records of all your liabilities and assets.   Making an accurate and full-fledged audit trail.   D365 Finance and Operations helps integrate core components with the least disruptions providing high-quality and real-time visibility into your business’s finances. If you are looking forward to implementing this Financial Management System Software, you can Contact Trident Information Systems, a D365 Gold Partner and LS Retail Diamond Partner.  

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You Will Never Dread Inflation Again with ERP Software for Retail

Retail ERP Software /

You are already aware that the rising inflation rate is having a detrimental effect on consumers and businesses. As prices for everything, including food, electricity bills, and household goods, soar to record highs, everyone is feeling the effects. Trade associations, particularly among poorer households who are more vulnerable to the effects of inflation, like the National Retail Federation (NRF) in the US, which monitors industry changes, emphasize some of the ways that these kinds of events alter consumer behavior. Retail industry leaders too are impacted by the situation. However, they can use it as an opportunity with ERP Software for Retail. With Retail Business Software, retailers can make ground-breaking profits in inflation with attractive policies.   Even though it’s challenging to predict exactly what will occur in the coming months, we do know that the retail business has survived and, in some circumstances, even thrived throughout prior recessions. Analyst McKinsey provides a more optimistic analysis of the situation, saying that “retailers may convert these obstacles into opportunities – if they make bold, strategic decisions.” These decisions are typically influenced by retailers’ digital transformation journeys, (ERP Software for Retail) which aid them in acquiring the transparency, knowledge, and abilities required to safeguard margins and promptly address shifting customer and corporate demands.  In light of this, the following five technological strategies can help your business become more resistant to inflation and other issues in the future:  Order Only What Will Sell  It might seem obvious that you must stock the necessary items but is it that easy? Without real-time insights, you cannot understand what items will sell at a specific time. Implement ERP Software for Retail which allows live market updates and statistics to help you analyze the right strategy for upcoming sales. LS Retail ERP will help you analyze the sentiments and spending patterns of your customers to provide them with the best deals during inflation.   Furthermore, ERP for Retail will help you identify present and future buying trends and upcoming shortfalls in your supply chain. Reinforcing your business with retail analysis helps you understand your customer’s patterns, which will be useful for your marketing planning.   Set Reasonable and Appealing Pricing   To attract customers, you do not have to sell your products cheaply all the time, nor must you run a marketing campaign most of the time. Your customers may perceive your brand otherwise and may not even want to pay enough for the full price for your products.   Instead, with ERP Software for Retail and its analytic tools, use this time as an opportunity to reset your promotional strategies. You can think of creative ideas of how you can provide products to customers at reasonable prices while saving your costs and profit margin.   A UK-based retail company, Sainsbury’s, did just that. They introduced new pricing pledges during the inflation as it eased the financial pressure on customers while helping them make more profit. This way not only did they bond emotionally with them but also managed to make a profit. CEO Simon Roberts said that they have invested £60 million to lower the prices so their customers could get exclusive offers and meal deals on budget.  Improve Your Staff Performance with ERP Software for Retail   It doesn’t take long to see that high staff turnover continues to be a significant concern for merchants in this sector. The average staff turnover rate in retail, according to NRF, is over 60%, which is significantly higher than the average for other industries, which is approximately 19%. The expenses incurred due to all those people joining and leaving your payroll quickly mount up. Recruiting, recruiting, onboarding, and training consume time and resources from store management and cost your company money. What can you do, then, to entice the greatest employees, maintain their productivity, and motivate them to stay with you?  A cutting-edge POS Software Solution undoubtedly helps. It not only enables you to organize and monitor employee schedules, but it also provides you with a comprehensive picture of costs and results. With this knowledge, you can handle brief and overstaffed times, identify high performers and reward them, and give those who require tailored coaching and guidance.  Filter Your Omnichannel Strategies   Retailers are preparing for less foot traffic in their businesses due to rising energy costs and gasoline and fuel costs. According to a poll by Alvarez and Marsal’s Consumer and Retail Group (CRG), more than half of consumers usually or exclusively shop when they truly need something, which results in fewer trips to the store and more things being purchased in bulk per transaction.  In these circumstances, maintaining a connection with your consumers and enticing them to do business with you depends on having a seamless physical and digital presence. Make those experiences count whether customers are visiting your business less frequently or shopping online less frequently. McKinsey provides the following illustration of what this coordinated shopping experience may entail: Retailers can access all of our omnichannel chances to place an order and pick it up using ERP Software for Retail, which will also assist you with navigating and offer you visibility into the goods in the shop. You are welcome to use a QR code to conduct product research while standing in the aisle.  Inflation hits every business but retail the hardest. Retailers need ERP Software for Retail during this time to accurately analyze the market and supply chain. LS Retail provides a complete ERP and CRM suite to help retailers thrive even during inflation. If you are looking for an LS Retail Implementation Partner, you can Contact Trident Information Systems. We are a Gold Microsoft Dynamics 365 Implementation Partner and Diamond LS Central Partner. For further details Contact Us Today!  

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Ghost Kitchens is the New Trend!

cloud kitchen /

Around the world, cooking establishments that prepare food specifically for delivery orders are springing up in cities and towns massively. By 2030, the global market for this so-called ghost, dark, or virtual kitchens is predicted to reach US$1 trillion. They are getting enough attention from different IT companies to provide the latest and most robust Cloud Kitchen Management Solution to support this industry.  A few years ago, at the same time when popular food delivery services like Deliveroo, Uber Eats, and Door Dash started to take off, these delivery-only restaurants without any spaces for dine-in customers started to appear. Restaurant owners understood that serving a completely new group of mobile consumers just required a kitchen or a portion of one. Renting expensive eating locations, hiring wait staff, or any other costs associated with operating a restaurant were not necessarily extra costs. They only needed to join a meal delivery app, set up a kitchen somewhere, and start serving food. Customers who place delivery orders for pizza or noodle dishes might not even be aware that the restaurant they are ordering from does not exist.  To meet the rising demand for home delivery, fast food chain Burger King recently opened its first ghost kitchen in the UK. Just like previously, customers can order meal delivery from the new site in North London. The only distinction is that they cannot pick up their order or eat in.  It is a pattern that is accelerating. Ghost kitchens and the mobile delivery applications they live through are upending the whole notion of what it means to operate a restaurant because more people than ever are ordering meals to be delivered to their homes. Therefore, enforced delivery services are growing quicker and more convenient.  Why Do Cloud Kitchens Stand Out in The Cut-Throat Competition?  Takeaways have been around much longer than smartphones and delivery apps. However, ghost kitchens are expanding on the idea of distant dining. No storefront, no front-of-house personnel, and no waiting or seating space are present. In contrast to a restaurant, they can be found anywhere if couriers can reach them. Successful Cloud Kitchen owners implement data-driven strategies and Cloud Kitchen Management Solution.  In abandoned parking lots and warehouses, Deliveroo’s ghost kitchen concept—ultra-affordable prefabricated buildings dubbed Rooboxes—is there. Then some organizations provide commercial cooking spaces in densely populated locations ready for businesses to put up their delivery-only restaurants, such as Mission Kitchen, Cloud Kitchens, and Kitchen United.  In some instances, a single kitchen might act as the central location for several virtual restaurant establishments, with cooks preparing different cuisines under one roof. They need a suitable Cloud Kitchen ERP to streamline their operations. Both big companies who see the promise of this new business model and individual operators searching for a low-cost arrangement use this model with ERP for Cloud Kitchen Technology.  How to Make Profit with Ghost Kitchens?  Uber Eats claims that restaurants that put up “ghost kitchens” can boost sales by 50%. Deliveroo is expanding its international rollout of ghost kitchens because of its promising scope. Make sure you implement Cloud Restaurant Software which provides real-time visibility and data analysis to make the right decisions. Given below are a few ways to make a profit out of your cloud kitchen business.  Create a plan using the data   To understand typical consumer behavior and potential untapped opportunities in terms of what markets you should target, what kind of menu you should offer, and what third-party operators would be most suitable for you, research demand and identify market gaps, or if you already run an F&B operation, use your restaurant analytics. To top it off, make sure you employ Cloud Kitchen Management Solution. Establish commercial kitchen facilities adjacent to your busiest delivery locations. By reducing the delivery distance, you will be able to serve more clients who desire food. Is demand significant? To estimate whether you would require more than one kitchen, determine your typical meal preparation time and throughput.  Present a menu holding up during the transportation   Every item you prepare in your cloud kitchen must be just as delicious as the food you serve in your actual eateries. This means that you must find methods of transporting your food that will keep it warm while preventing sogginess. The people from the original restaurant who are familiar with the food, how it should be cooked, and how it should be presented may also need to be included in each new ghost kitchen to maintain the quality to your standards.  Get the Appropriate Cloud Kitchen Management Solution   You need a Cloud Kitchen Management Solution that can interface with third-party delivery operators and allow you to track the source and timing of orders if you want to ensure error-free and prompt service. Incoming orders must also be sent directly to the kitchen so that your chefs can begin to work right away and have a clear understanding of what to make and in what order.  Use Business Intelligence to analyze Your data  Finally, the current and future of your hospitality business depend on a data analytics platform like Power BI. You will minimize waste, correctly reorder ingredients, and increase revenue every day. Long-term decisions on menu items, price, or even where to open new sites can be based on a solid foundation provided by transparent business data.  The secret ingredient to any successful strategy is using the latest technology. A Cloud Kitchen Management Solution like LS Central provides a set of tools to ensure streamline your operations and assist in providing the best customer service. Being hosted on Microsoft Azure Cloud, it ensures maximum safety and security. If you are looking for Cloud Kitchen Software Implementation, Contact Trident Information Systems, a Gold D365 Partner, and Diamond LS Central Partner. 

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6 Hacks Boost Profit in Your Steel Manufacturing Business with D365

Steel Manufacturing /

Manufacturers looked at boosting customer happiness and productivity optimization separately until a few years ago. However, digital disruption is fundamentally altering how manufacturers conduct business. By utilizing Advance Steel Software, they are bringing about transformative change throughout the organization to enhance product quality, reduce time to market, and satisfy a variety of client expectations.  Dynamics 365 for Manufacturers and Distributors provides deep insight into the supply chain and manufacturing lifecycles, warehousing specifics, and delivery schedules to meet these challenges. Improving visibility, increasing efficiency, and reducing costs are three of the top concerns for manufacturers. Purpose-built apps provide easy access across departments like finance, sales, customer service, and supply chain operations by combining company activities into one comprehensive solution. Increased production and profitability are made possible by having crucial data at your fingertips. Continue reading to learn about the top 6 hacks to boost your profit with Dynamics ER for Steel Industry:  #1 Reinforce Your Plant with Agile Project Management  Nothing is more annoying than a poor project management approach. In the United States, $122 million is lost for every $1 billion invested owing to subpar project performance. You won’t be able to accomplish the project’s objectives if you can’t see the correct cost, effort, and income metrics throughout the entire project.  Imagine being able to track the performance of every manufacturing operation you have (in terms of timely execution, quality, and cost) using Power BI reports on production performance. Alternatively, you may analyze, monitor, and approve all projects that have a financial or time impact using user-friendly dashboards. Then, by controlling important KPIs and assuring profitable service delivery, you can react swiftly to scope changes and project hazards. With the help of D365 Advance Steel Software, you can accomplish all of this in addition to enabling intelligent and pertinent skill-based assignments, accurately measuring utilization, and making wise decisions to make the most of billable resources.  #2 Stay Updated on Various Aspects of Your Business   Business excellence is fueled by visibility into the whole production process. You can never get visibility into end-to-end operations if you can’t gather, integrate, and visualize global supply chain data globally. Only 44% of supply chain leaders have a strategy in place, even though 94% of them believe that digital transformation would profoundly alter supply networks in 2018. Dynamics 365 ERP for Metal Industry will enhance supply chain data access, which will enhance communication between production, supply, service, and sales. A more complete picture of all operations can be obtained by fostering departmental collaboration and linking various business systems. Additionally, a breakdown of metrics by product and resource can increase visibility for better operations.  #3 Reinforce Your Employees with Advance Steel Software  The research found that 53% of Americans are currently dissatisfied with their jobs. One of the first steps in creating a fantastic manufacturing organization is empowering employees. The productivity and effectiveness of routine jobs can be increased when personnel are given the appropriate tools and data.  Dynamics 365 Advance Steel Software gives users access to tools tailored to their roles and a 360-degree perspective of the business, which can help them improve and adjust their working methods to fit in with the modern manufacturing environment. Greater productivity can be attained by integrating the unstructured work of collaboration with the organized work of business operations. You can only enable great experiences in employee acquisition, engagement, growth, and retention when you bring out the best in your people. Giving employees regular feedback and collaborating on assessments helps to provide consumers with individualized service.  #4 Resolve Solutions Remotely to Boost Productivity  Being more productive requires more than just working more; it also requires adding value to everything you do. A consolidated picture of operations and accessibility to mobile and virtual reality tools for monitoring and remote problem-solving increases manufacturing productivity. Technicians can increase productivity and reduce expensive engagements by strategically coordinating work and utilizing their existing skills.  Since providing outstanding customer service is what sets achievers apart from those who fall short, giving agents access to smart tools while they are on the move can increase productivity. Productivity can be increased by using well-known Metal Fabrication Software features to create tailored sales papers, utilizing a rich, event-driven sales process, prioritizing tasks, accessing pertinent and contextual information, and working offline on phones and tablets.  #5 Prioritize Customization for Customers   Providing clients with more visibility and trust through individualized customer care is essential for any manufacturing company to succeed. A fantastic technique to guarantee prompt resolution without having to speak to a technician is to deliver value-added customer assistance through self-service, community, or social channels; automating resolution can free up agents for high-value interactions. Additionally, personnel can prevent service problems by acting in advance thanks to the continuous analysis of data from connected equipment. Customer feedback can be improved through surveys, online forums, feedback forms, and social listening. Additionally, employees may anticipate demands more effectively, tailor every conversation, and provide value at every touchpoint when they have a 360-degree perspective of each customer’s journey.  #6 Employ Advance Steel Software  To be competitive, businesses must work more quickly and intelligently. Microsoft Advance Steel Software bridges the gap between CRM and ERP systems, providing manufacturers with the resources they need to speed up business operations and introduce better products more quickly. By combining many components of the manufacturing lifecycle, it adds sophisticated analytics, embedded intelligence, and the convenience customers expect from consumer apps on their phones or tablet to critical capabilities. Leveraging Structural Steel Fabrication Software like Dynamics 365 can be a critical element for better results because digital transformation isn’t completed quickly. Manufacturers can provide effective project management, get operational visibility, empower staff, increase corporate productivity, and provide individualized service.  Apart from easy data access, Advance Steel Software by D365 ensures bank-level data security. Hosted on Microsoft Azure Cloud, if you are looking for a D365 Implementation partner, you can contact Trident. We are Gold D365 Partner and LS Retail Diamond Partner. 

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What is the Difference between Microsoft Dynamics Business Central and Dynamics NAV? 

dynamics 365 business central /

  You must be aware of the significant functional changes and new features of Dynamics 365 Business Central when comparing it with Dynamics NAV. D365 BC is the upgraded version of Nav. With NAV to Dynamics Business Central Upgrade, you can get a whole new set of advanced features. We will explore some key distinctions between Dynamics NAV and Dynamics 365 Business Central in this blog post.  40% of Business Central clients are in the United States, 12% are in the United Kingdom, and 6% are in Canada, according to enlyft.com. Small businesses make up 41% of all consumers, medium-sized businesses make up 44%, and large enterprises make up 14%.  For small and mid-sized organizations, Business Central is a cloud-based ERP solution that automates finance, sales, operations, and customer care to increase customer interactions, streamline business processes, and make smarter decisions. To take advantage of the improved features and capabilities that Dynamics 365 Business Central has to offer, many Fortune 500 organizations prefer NAV to Business Central Upgrade.  Difference Between Dynamics NAV and Dynamics 365 Business Central    Despite the many similarities between Microsoft Dynamics NAV and Microsoft Dynamics 365 Business Central, there are also significant distinctions that encourage many users to switch from NAV to Business Central  While Dynamics NAV is an on-premises ERP solution, D365 Business Central is a cloud-based ERP solution.  You may access your data and applications using Dynamics 365 Business Central from any location and on any device.  While Dynamics NAV needs some customization and third-party add-ons to obtain the same degree of functionality, D365 Business Central comes with a comprehensive collection of features and functionality.  While Dynamics NAV is licensed on a per-server basis, Business Central is licensed per user. When utilizing Dynamics NAV, you must pay for the server regardless of how many people are accessing the system, whereas, with Business Central, you only need to pay for the users who will be using the system.  Other major differences include:  User Interface   The user interface is where there are the biggest differences. With its simple navigation and cloud-based ERP solution design, Dynamics 365 Business Central increases efficiency. In contrast to Microsoft Dynamics NAV, which uses C/AL (Client Application Language), the new Business Central interface uses AL language code.  In Microsoft Dynamics 365 Business Central, the usage of AL language code allows for additional customization and aids in managing, upgrading, and creating extensions.  All the programs, including Office 365’s Outlook and Excel and Microsoft Dynamics 365 Sales, and Power BI Services are included in Microsoft Dynamics 365 Business Central (CRM). Automating processes avoid silos and raise productivity. End-users may build robust workflows and connectors without learning sophisticated coding.  Hosting   Dynamics 365 Business Central was first introduced to bring Dynamics NAV functionality to the cloud. Extensions and updates are significantly simpler to do with Microsoft Azure Cloud hosting. It makes it unnecessary for you to purchase and maintain your internal servers and allows you to expand or decrease capacity with a simple click. The main advantages of SaaS systems include improved security, lower risk of data loss, and better accessibility.  Upgrades  To prevent the systems from being out of date, important upgrades are automatically released twice a year. With constant enhancements, businesses are an optimal version of Business Central, unlike Microsoft Dynamics NAV. Updates enhance security and user experience. You can even delay it for 90 days. Users are forced to Upgrade NAV to Business Central by this function.  User License   The monthly subscription-based Microsoft Dynamics 365 Business Central software is offered in “Essentials” and “Premium”. Users can gain from usability on numerous platforms, Single Sign-On, iOS, Android, and PC. Remote work is convenient thanks to the cloud-based ERP solution, which also makes it incredibly flexible and affordable for enterprises. As opposed to Dynamics NAV, which comes in Starter and Extended Packs.    How Can You Move from NAV to Business Central    Dynamics NAV has been used by most businesses for years. Consequently, switching from NAV to Business Central update could be a little challenging. However, if users receive greater usability and more functionality than the NAV solution, it will be worthwhile.  It is challenging to transition Navision to contemporary platforms like Business Central because it is an extremely ancient program with a sophisticated code base. The transition is pricey, difficult, and time-consuming. However, there are several actions you must take if you want to get better over time.  NAV has been replaced by Business Central. Unlike the previous Navision, which required customization, it is a robust, adaptable application with capabilities that are ready to use. Although it costs money, it is the quickest way to pick up new skills and shorten the time to market. Any reputable and authorized Microsoft partner, such as Trident Information Systems, a gold partner of Microsoft, can sell Microsoft Dynamics 365 Business Central.  During the relocation, we will adopt the following procedures:  Step 1: Assessing your current NAV offering  Step2: Testing/Migration.   Step 3: Appropriate training and evaluation  Step 4: Properly start the migration  Step 5 is to keep supporting your company continuously.  If you are looking for a Business Central Upgrade Partner, you can Contact Trident Information Systems. We are a Gold Microsoft Partner and LS Retail Diamond Partner/ LS Central Diamond Partner. 

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Grab Retail Sales Opportunities with LS Retail Power BI!

Retail ERP Software /

LS Retail ERP fosters Power BI which is a set of services, connectors, and apps that coordinate together to turn unrelated sources of data into visually impressive, coherent, and interactive insights. You might record data in a spreadsheet or a collection of cloud-based and on-premises hybrid data warehouses. However, Power BI ensures easy data source connection followed by visualizing and identifying essential inputs and sharing them with anyone you want.   Microsoft Power BI sets an example of being one of the most popular SaaS (Software as a Service) Power BI services. You can use it on both your PC and mobile devices.    Role of Power BI in Sales   Any organization sets benchmarks based on its sales. A sales increment contributes to more customers, revenue, and profit. There was a time when sales data was tracked manually. It was researched and combined from various sources and transmitted into a single report. All the manual work made it tedious and prone to errors.    An organization cannot create relevant sales-boosting strategies without real-time data precisely displayed in a report. Be it on current market trends, customers, competitors, or KPIs, to take relevant action, one needs accurate data. This is where LS Retail ERP comes into play. Power BI automatically draws data from various sources and turns it into actionable reports.    How to Boost Sales with Power BI?   Sales will not increase automatically, decision-makers need a proper understanding of their environment and relevant aspects to come up with the most logical and feasible sales-boosting strategies. Planning needs data, real-accurate data. A little input inaccuracy can lead to internal as well as external losses.     A data-driven dashboard that BI generates displays essentials that need to be taken care of. Compiled data from various sources and formats transmuted into visual dashboards helps decision-makers to get a full-fledged picture of their business right in front of them. They can analyze each store’s performance and make necessary modifications, track sales performance, and much more. Here are five ideas to boost sales using LS Retail Power BI.    Carry out In-Depth Sales Analysis and Forecast    The very first step to employing LS Retail ERP to boost sales is to study your sales pattern. With Power BI Services, analyze sales made in the past few months and identify your mistakes. Compare the most recent sales with the previous ones and spot the difference. Identify the time you made the most sales, what strategies you used, and if it is possible to implement them again. Change your current strategies if required. Study previous statistics where you made the least sales, track the pattern and identify the redundant processes you might be repeating. Thoroughly study and compare your sales. Identify the factors or ingredients your customers did not appreciate earlier and try to avoid them. Suppose you increase your restaurant sales by 30% in 2018 when your restaurant offers free coke with a pizza. Identify the probability of an increase in sales if you implement the same or similar strategy again.    Be Creative with Meal Variations    Track the meals in demand the most, launch their variations or side dishes and offer them out. What ingredients can you add or remove from your meals? Offer unique side dishes like a new cake variation or add a mix of different herbs to French fries. You can also launch innovative dip ranges with simple snacks like chips, French fries, chicken nuggets, potatoes nuggets, etc. such as cashew cream, creamy jalapeno dip, Romasco sauce, Persian cucumber dip, and so on. With LS Retail ERP you get plenty from different touchpoints.   Create Loyalty Programs and Special Deals    Understand each of your customers, scan through their most recent purchase, and read their spending behavior with Power BI. customize exclusive deals and plans based on their preferences. Classify customers into distinct groups and launch specialized offers for them. Prepare meal plans and meal deals, avail loyalty points, and allow them to be redeemed at a given time.    Encourage Your Staff to be More Productive with LS Retail ERP Track each member of staff’s performance and identify how you can boost their efficiency. Notice the technical and non-technical aspects impacting them. Check if they are compatible with modern technology. Analyze their pain points, try to resolve them, and identify the factors that would drive them to perform better. Encourage employees to work better with regular awards and rewards. It becomes easier if you have LS Retail ERP at your back. Ask your customers for their feedback on the staff hoisting them and reward the best-reviewed staff members at the end of every month or quarterly. This boosts your employees’ morale and drives other employees to give their best.   LS Retail ERP provides a set of tools essential to boost your employee’s productivity.  Referral Promotion Through Power BI     This is one of the most common and effective sales-boosting methods. Select a meal or a meal plan you wish to increase demand for. Launch exclusive discounts for people who bring more people with them. Suppose a person brings two people along and offers a 20% discount on the meal on offer and a coupon to the person who brought them. If he brings three people along, offer a 30% discount. Stretch discounts to a maximum of 50% for 6 people and above. Some might even try other dishes that are not on offer as well. Hence, boosting your overall sales.    Planning gets easier when you have a comprehensive report on every aspect of your business. To boost sales, LS Retail ERP and its Power BI functionalities can assist and backup your creative strategies. If integrated with Artificial Intelligence (AI), it can open doors to numerous opportunities, from analyzing current market dynamics to understanding competition strategies. Trident Information Systems is a Gold Microsoft Partner and LS Central Diamond Partner and serves various successful businesses with Power BI services.  For queries, Contact Us Today! 

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4 Ways to Double Your Profit in Apparel Production with Existing Resources!

Apparel Manufacturing Software /

For emerging fashion firms, producing profitable, trendy, and seasonally right collections might feel overwhelming. Unquestionably, fashion firms are rewarded when their products are well-received by consumers. After a lengthy process of ideation, product design, development, pre-production, manufacturing, and launch, it may be challenging to achieve this goal. The majority of the time, in the fashion sector, production errors lead to low-quality items, which undermine the brand’s potential or desired quality deliverables. To tackle this issue, it is best to employ the latest Garment Software in your factory.  Why Do You Need to Optimize Apparel Production?  The overall market position of a brand may be compromised by production errors. To avoid any defects, fashion firms must therefore find ways to optimize the production process. A profitable output and a productive workflow can be produced for your brand by improving the production process with unified ERP Software for Apparel Manufacturing.  To ensure that the project is properly handled, the manufacturing and production procedures for a fashion brand have the Best Apparel ERP. As a result, streamlining manufacturing for a particular collection becomes important to help avoid communication gaps, keep an eye on maintenance duties, and improve the quality of products created for a fashion collection.  How to Multiply Production with Existing Resources?  It’s time to enhance your brand’s production process once you realize how crucial it is for closing gaps and achieving goals. To avoid expensive production errors, production planning and execution should be given to fashion designers.  The following are some ways that fashion designers might organize, update, and optimize the production of their clothing lines.  #1 Reinforce the Production Process with the latest Garment Software  It’s crucial to construct a solid foundation before developing and maintaining a reliable garment production process. When we say, “create a robust production foundation,” what we mean is that before selecting what to do next, you must do a thorough study and comprehend the market and your competitors. This step can involve investing in unified Garment Software and employing qualified workers. Additionally, this entails adhering to industry standards and satisfying customer demands. In the long term, a fashion brand might benefit from not compromising on the early setup and equipment costs because it becomes simpler to maintain a greater production rate and output, which ultimately helps the business obtain higher profit margins.  #2 Build an Updated Catalog   Nobody likes waiting until the very last minute to complete their assignment because things could go awry. Consequently, you must comprehend the significance of developing a new reference catalog to produce designs that satisfy consumer desire. A new and modern reference book with up-to-date designs could require a lot of research to produce. It’s crucial to keep in mind that this position is always subject to adjustments because market trends are constantly shifting. But in the end, a reference library is an essential component of the fashion industry’s efficient production process. You can easily make relevant reports using Business Intelligence and AI Technologies. You should aim for a Unified ERP and CRM or a unified Garment Designing Software that reduces the hassle of Silos, and provides up-to-date market details    #3 Add Automation to Optimize the Workflow  When the correct people are given the right tasks, the manufacturing process runs more smoothly and effectively. Hierarchical structures can guarantee high-quality output. The production process can be automated using a Garment ERP System to produce profitable outcomes more quickly and with a relatively low possibility of error.  To define and improve your production quality as your company expands its clothing manufacturing operations, automating the workflow is a wise move. The production process depends on project management. Any fashion brand will automate workflows utilizing the right Garment Software as a first step. Choosing the appropriate project management tools will aid in promoting goods to stakeholders, including fabric producers, suppliers, and consumers. #4 Create a Market and Business Model   Any fashion brand or company must invest heavily in market research and the development of a practical business plan based on that research. What may be effective for one business may not be effective for another. It is significant to keep in mind that from one fashion company to another, the target market for a specific product may differ.  It follows that a fashion company must choose its specialized market and focus on it. It’s critical to choose the radius of impact before building a business plan. The business strategy, Garment Software, and expansion objectives should be made explicit in the mission statement, regardless of whether the brand aims to grow locally, nationally, or internationally.  Fashion is the most dynamic industry. It keeps changing in every season and hence gets outdated quickly. However, you can still double your profit with existing resources and unified Garment Software. If you are looking forward to implementing Microsoft Dynamics Finance and Operations, you can contact Trident Information Systems. We are Dynamics 365 Gold Partner and LS Retail Diamond Partner. For any queries, Contact Us Today! 

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How Business Central Fits Small Businesses So Well?

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Dynamics Business Central was specifically designed keeping SMEs in mind. It is a unified ERP and CRM and an upgraded version of Microsoft Dynamics NAV. Consisting of all the NAVs functionalities, it comes with more flexible options. It aims at the smoothness and security of your business with Microsoft Cloud Azure. Everything is stored on a single database, hence allowing real-time visibility and faster data access. However, you can run it on-premises as well as on the cloud.   Microsoft Business Central fosters automation which therefore leads to better and faster management of operations. It further consists of shipping, sales, finance, manufacturing, service delivery, etc. on the same platform.   Why Dynamics Business Central for Small Businesses?  One of the major reasons why Dynamics Business Central is so favorable for small to mid-sized businesses is because of its affordability and flexibility. Furthermore, you can integrate it with different third-party apps and customize it however you want. The reasons why it fits small-sized businesses are as given below.   Extremely User-friendly   First, Dynamics Business Central is extremely easy to use. With an intuitive interface, it doesn’t take too long for a newbie to learn how it works. If you have already used basic applications like Excel and outlook, you can use them easily. Furthermore, it guides you through the process step-by-step and you can even find answers to your queries by clicking on the ribbon icon at the top of the screen.   If you wish to access the role centers, you just open the homepage and you are there! You can find the roles you have assigned like finance, inventory, logistics, etc.  Flexible Subscription Model   Flexibility is the best part of the Business Management Software. Unlike other software, where you pay an upfront cost, you can use Dynamics 365 Business Central on a subscription. It serves a pay-per-user model where you will only pay for what you need.   Scalable   For quickly growing small businesses, Dynamics Business Central provides various flexible options. You can scale up or down this software without having to see complexities. Your data stays intact, and operations work seamlessly. You can integrate third-party applications as per your requirements. It doesn’t matter which industry you belong to; be it manufacturing, apparel retail, or logistics, it will work for you as effectively as it would for other industries.   Automation  D365 BC completely automated your business while allowing your staff to focus on other high-yielding areas. You can further expect faster operations with low human errors. Automation is necessary for the overall growth of business efficiency.   Remote Access   The pandemic was harsh for every business, especially small businesses where they struggled a lot to survive. Working from home has become a necessity. Those who couldn’t comply had to face severe losses. Even if you do not have a definite base, or your business involves a lot of traveling, Dynamics Business Central has a feature for you; remote access. No matter where you are in the world, you can access your business from any device remotely.   High Security   Being hosted on Microsoft Cloud Azure, Dynamics Business Central ensures bank-level security of your data. You can count on Microsoft Security as they have engaged over 3000 technical experts who are working day and night to keep your system secure. One team creates the latest potential threats and the other finds ways to tackle them.   Latest Technology on Budget  As soon as you are on Microsoft Dynamics 365, you will not have to engage your technical team for its maintenance and update. Microsoft D365 will do this for you instead. Dynamics Business Central launches major updates every 6 months and minor upgrades every quarter. Since you can pay on a subscription, you have your budget set!  Being on the latest technology is crucial to stay ahead in the race. However, there is another factor that will decide how far you will go with the technology, and that is your implementation partner. What is the point of installing robust technology if you can’t get enough support for it? What if your service provider is not there to rescue you from an ugly situation?   It is always better to research thoroughly and find a suitable D365 Implementation Partner. Trident Information Systems have been serving SMEs and large businesses for more than two decades. With a high customer retention rate, robust technical resources, and a massive team of experts, we became Microsoft Dynamics 365 Gold Implementation Partner and LS Central Diamond Partner. Our 100% success rates ensure three-fold. If you wish to implement Dynamics Business Central, Contact Us Today! 

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Five Tips to Get Efficient Supply Chain Management

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Since the past few years, businesses have escalated and so have the complexities in their supply chains. So, they need to be prepared in advance while being quick. Many industry leaders are now employing Top Supply Chain Management Software to manage operations more efficiently from top to bottom.   Smart businesses avoid silos as they will add to the complexities of an already complex environment. With the right management tools, they can get a competitive edge. They can transfer commodities from one place to another and implement changes without a negative impact.   How to Form an Agile Supply Chain?  A supply chain is one of the biggest factors that decide how your business will be seen in the market. Because of this our team of researchers has combined a few tips to help you get an agile supply chain. This is to be noted that the tips will work great if you implement Top Supply Chain Management Software.  Form an Agile Supply Chain Team   Agility is a term derived by the development team. Agility is an alternative project management technique that involves strategies to improve processes aligned with customers by testing services during the development process. Likewise, building an agile supply chain management team will ensure more logical strategies that align with the output and with the customer.   Access more Accurate Data   Consumer goods industry leaders that are exposed to high uncertainties in the retail market are now investing in the Top Supply Chain Management Software providing excellent data management capabilities. One such example is Dynamics 365 for Supply chain which offers Business Intelligence Tools to help them understand and predict the market. This helps them make agile decisions, react appropriately, and plan strategies to tackle upcoming shortcomings. It further provides real-time visibility and product availability.   Do not Fear Innovation   Several businesses choose to implement tried and tested strategies as they are “safe.” However, little do they realize how important innovation is, especially in this competitive era. Allowing your team to create strategies will help you execute pilot programs. To create agile strategies, there should be free data flow. Supply Chain Management Software ensures your data is safe and secured in a single database while connecting all the points in the supply chain.   Connect with the Key People in Your Supply Chain   As much as it is crucial to connect with retailers, you should sync with manufacturers, suppliers, and co-packers too. This will help you gain the end-to-end picture of the related aspects like potential shortcomings and opportunities. Better communication will not only improve your relationships but also allow you to get special discounts.   Create Agile and Multiple Supplier Contracts  Supply Chain operations being extremely complex, you must avoid depending upon just one supplier. Keep a handful of them so you can arrange material/ service if anyone fails to deliver them. Likewise, businesses can make zero-volume contracts, buy-back contracts, and other contracts to achieve an agile supply chain.   All these strategies will go in vain if you do not have a suitable Supply Chain ERP System. Microsoft Dynamics 365 for Supply Chain is the Top Supply Chain Management Software. Being hosted by and on Microsoft Cloud Azure, bank-grade security is ensured. It is designed specifically to ease SCM pains and foster operational optimization.  How can Top Supply Chain Management Software help You Achieve Agility?  Microsoft Dynamics for Finance and Supply chain reinforces supply chains with built-in tools. It is run on a single source for intelligence and connected tools. Some of the functions accomplished by the supply chain are as follows:   A mix of manufacturing tools to support the process from top to bottom.  Streamlining processes with real-time visibility into the resources via financial management capabilities.   Using advanced logistics management and warehouse management to streamline the flow of finished goods.   Optimizing real-time insights and intelligence to inspect, identify and resolve product issues.   Microsoft Dynamics 365b F&O is the Top Supply Chain Management Software for a reason. It has a lot more to offer than traditional supply chain management software. If you are looking for Supply Chain Management Providers, you can Contact Trident Information Systems. With years of experience and success in projects, Trident has become a Microsoft Dynamics 365 Gold Implementation Partner and LS Retail Diamond Partner. 

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Restaurant Application

Boost Restaurant Sales Performance in 7 Steps

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With the rapid evolution in the hospitality industry, one can either match the pace or fall behind in the competition. Many implement a Restaurant Application, and many employ a couple of them. The global health crisis has dealt hospitality one of the greatest challenges of all time. Unfortunately, some restaurants might never reopen, and the survivors find themselves in a different market environment. Dividing tables and plexiglass screens, mandatory masks, and gloves. Sanitizer stations and temperature checks have become commonalities among all restaurants now.   Reopening restaurants is a baby step toward getting back to normal. The customers are also trying to adapt to this antipodal dining experience. New laws abiding is mounting pressure on restaurants to comply with sanitary requirements and provide the best dining experience at the same time.   Through this blog’s medium, we are sharing the top 7 steps to increase sales performance. For instance, having effective and visible hygiene routines, proactively protecting staff and customers, helping to enforce social distancing, and so on. If you feel hooked so far, read it further.   #1 Off-Premises Dining Using a Restaurant Application  Nothing is better than enjoying food from your home’s comfort. This trend has driven the recent years. In 2018, according to some researchers, home deliveries contributed 59% of restaurant sales. However, the stakes have changed since this pandemic has accelerated the trend.   Restaurants that branched out to home delivery services are the ones that could successfully survive the pandemic. It made sense to keep the home delivery services running, even after reopening all the restaurants. There could be some customers who might feel uneasy when it comes to dining in. Provide off-premises dining operations and manage them with Restaurant Application.  #2 Enforce Social Distancing   Screens, Booths, table dividers, private rooms, taped-off tables and seats, and clear floor markings have become the new yardsticks. Restaurants establish efforts in enforcing social distancing. A Vision Quality Analysis can also help you monitor social distancing implementation.   Some restaurants have even adopted crazy hacks such as placing mannequins on alternate seats and encouraging customers to wear big hats. Although these attempts might lighten up the environment, social distancing is something you cannot take casually. While makeshift booths and plexiglass might affect your restaurant ambiance, customers are getting accustomed to the changes at least for the short to medium term. You can employ Restaurant POS Software that promotes contactless ordering and payment. LS Retail is one of the latest Restaurant Application which provides distance-friendly features to the customer.  #3 Introduce New Menus   Restaurants are being smarter by introducing new menus and pop-ups to their customers. Rescheduling their tactics and opening up to more viable options to reach as many customers as possible will generate sales as well as retain jobs. Dine-in is not something customers require these days.   Using a Restaurant Application can do the market analysis on your behalf. It is better to understand market situations as well as customers to make strategies easily.  #4 Enforce Contactless Ordering and Payment   Consistent restaurant reforms in payment methods drive contactless payments. The widespread adoption of PIN, chip, and contactless payment terminals has made transaction recording easier for restaurants. Apart from this, they obtain convenience, safety, and speed. Restaurant Management Software can make this easier.  For instance, in McDonald’s, contactless payment terminals are established in all their chains, combined with protective panels on counters and drive-through services. Kiosks remain limited, with table tents, screens, and keypads being sanitized after each use.   Restaurants are holding on to this opportunity and moving to Restaurant POS Solution to support contactless payments, invisible payments, and digital wallets. Those leading the way, pick a comprehensive payment and management Restaurant Application that keeps them going with ongoing market dynamics with ease.         #5 Loyalty Programs   Nothing draws customers more than loyalty programs. Read your customers through their transactional history and preferences. Carefully designed offers meals and discounts for individuals or a classified set of customers. Encouraging deliveries is the best way to comply with the social distancing rules. Boost sales on certain days or for certain hours through happy hours using Business Intelligence and effective strategies. Allow coupons and points that they could redeem whenever they make their next purchase from your restaurant.    Loyalty programs specifically designed for an individual or a group make them feel special and valued. Taking care of their preference and addressing them as their special customers reflects warmth and positivity that drives them back to your business.   #6 Automate Kitchen Operations   While restaurants are taking enough measures to protect their customers, it becomes a greater challenge to safeguard their kitchen staff. Restaurants are coping with this challenge by trailing smaller staff teams and staggered shifts. Regular health monitoring before entering the kitchen, constant kitchen sanitization, and social distance monitoring is doing the job. Some technical solutions are equally contributing with a tool called Kitchen Display Systems (KDS).   A KDS displays orders from the Restaurant POS straight to the kitchen screen, this helps enhance communication while ensuring minimum contact between the front office and the back-office staff. This Restaurant Application also helps to streamline kitchen operations by displaying the accurate preparation order automatically.   #7 Ensure Visible and Effective hygiene Routines  Hygiene has already been the topmost priority in the Hospitality Industry, and this pandemic has accelerated the requirement threefold. Most businesses already comply with strict hygiene regulations such as reminding staff to wash their hands regularly, sanitizing maximum tough areas, and allowing a day off to weaker or ill staff. No matter how strict your hygiene process is, this is high time to communicate your hygiene policies with the customers.   If you want your diners to show up once again, you may transpire your hygiene policies straight and assure your seriousness towards their safety. Some restaurants are even stepping up and disinfecting cutlery right before their meals in front of them.   Revolutionization in the restaurant industry has imposed the need for a Unified Restaurant Application, LS Retail is at the top of the list. Trident Information System is

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