July 1, 2017 is going to be a Big Big day in the Indian economy. It will completely transform the way we do business…. And for good. The trouble is that not many are aware of the impact GST is going to have on their Businesses. As GST is about to be rolled, the “transition” may prove to be a tough nut to crack for enterprises across the board. With all the hullabaloo surrounding GST, the scrambling to put the house in order is soon going to start.
What makes GST different is that besides applying a new tax structure, enterprises will be required to be ready to accommodate the structural changes in their businesses like Sales/Branch/Depot/Manufacturing locations. There will be challenges to align all the existing business processes with GST. One thing that is becoming crystal clear is that your Sales and Purchase processes can now only be managed electronically. Managing them manually and by disparate systems will become an Accounting and Reconciliation nightmare. And as the new business processes and the new software will take shape, employees will require adequate training. And last but not the least, a new set of statutory compliances will have to be taken care of.
In this exercise of trying to get GST ready, Companies should also utilize this opportunity to also move from their existing Accounting Software to an ERP.
To help you get GST ready in a quick time, India’s leading ERP “ebizframe” has launched a quick-to-implement offering called “ebizframeXPRS”. The highlight of the product is that it is a GST ready product and can implemented in just 2 weeks’ time. It covers your Accounting, Sales and MM(Procurement and Inventory) functions. To make it even more productive, number of special features are also being offered like Mobility which makes the software easily accessible through Smart phones.
All in all, “ebizframeXPRS’ is designed to sail businesses through the turbulence of the GST storm.
For more information contact :
Mr. Rishabh Chugh (North & East India) – 9810470893
Mr. Ratan Sharda (West & South India) – 9867021940
or mail us at email@example.com