Thursday, October 6, 2022

Top 10 Features of Cheque Printing Software

Cheque printing software applications are computer programs for printing and managing cheques.

A program for processing cheques permits printed cheques and produces competent checkbooks with all the necessary information, such as the payee name, number, amount, date, and account payee alone.

This program helps almost all functioning banks print cheques in minutes.

Cheque Printing Software

Let’s have a look at the features of Cheque printing software

1. Quick and simple check printing software

With the help of this innovative program, you can now print checks rapidly and in large quantities.

This program easily integrates with any accounting as well as ERP system to print cheques.

Additionally, you can set up whatever requirements your firm has and have cheques written on any sort of bank cheque.

2. Cheque printing for UAE bank

Along with the payee information, you can add the details of any UAE bank in this software.

Any UAE bank’s cheque can be printed by adding bank information with user requirement.

It also includes check templates from all of the leading UAE banks.

So you may now print any UAE bank check using the check printer.

3. Print Cheques from any Cheque Printer Machine

Cheque printing software provides options to print cheques directly from your computer.

If you need to print cheques from your office printer, you can configure the application to use those settings.

After a quick as well as easy setup, the Cheque Printing program began printing.

4. Online Cheque Printing

Cheque printing software now offers a cloud-based substitute for printing checks for your convenience.

Moreover, with this software, you can print a cheque using any nearby printer.

Along with the local printer, it is also accessible to Mac OS and Apple MacBook users.

5. Print cheque with accounting software

Accounting software allows for the printing of cheques.

Eliminating the hassle of writing cheques by hand is elate cheque printing software.

We can assist with:

  • Printing cheques in QuickBooks.
  • Tally printing a cheque.
  • Printing checks in Peachtree Sage 50 printing a cheque.

The Tally ERP 9 application supports the printing of cheques.

QuickBooks also enables you to print cheques using this program.

6. Easy Cheque records

Moreover, cheque printing software allows you to keep track of printed cheques.

Monitoring the printed cheque will assist you in maintaining a record of all transactions.

7. Bulk cheque printing

Printing cheques in bulk is possible with this Cheque Printing Software.

It will be helpful to print a cheque in a considerable quantity rather than having to print or write a cheque one at a time.

When you need to print a lot of cheques, especially for installments or other purposes, the batch cheque printing mode of the software seems to be a time-saving feature.

A list of cheques for the same group, the same amount, but with various dates, such as on the first date specified or successive interval dates, can be created using a cheque printing machine.

A cheque list can be edited, several cheques can be broken, and printing can also be done.

8. Wide-ranging Reporting

All issued cheques are documented, and the intelligent cheque reporting module allows you to trace the specifics of each cheque.

You can write follow-up as well as audit codes for internal usage on the cheque.

Additionally, you can choose columns, insert your company logo, and also produce reports between any two dates that are bank- or party-specific.

9. Integration

It is highly integrable software.

A cheque writer will easily integrate with any accounting and also ERP software to print cheques.

10. Highly customizable

The software is quite customizable.

It is simple to adapt to your business requirements.

The advantages are sufficient to demonstrate that Elatesoft is the best cheque writing software.

The all-in-one Cheque Printing Machine would be a very powerful, dynamic, and mysteriously effective answer for your company.

Additionally, explore the advantages of using our outstanding online cheque-making software.

Benefits of Cheque Printing Software

Cheque writing Software is a very straightforward and user-friendly piece of software that is primarily made to make and manage company payments easily.

The Cheque Writing Software provides a variety of user interfaces that work with any common printer.

With this program, there is no need to acquire an extra printer.

1. User-friendly software

The time it takes to learn how to use this software and begin printing cheques is less than ten minutes.

Years of professional knowledge and also feedback from thousands of potential consumers are used to improve the operating system.

You’ll just take pleasure in the user interface.

2. An impressive company impact

As their cheques are sent to them, neatly printed cheques provide your business with an exclusive appearance to your vendors and bankers.

You won’t want to issue your handwritten cheques after you start signing your typed cheques.

3. Reminder for post-dated checks

Your bank is about to receive Post Dated Cheques for permission by the cheque date, and also cheque Writing Software will notify you of this.

A Post Dated Cheque reminder list that enables you to better manage your capital adequacy is presented to you each time you try to utilize the software.

Wednesday, September 28, 2022

Does your E-Commerce store really need CRM support? What you need to know.

 Let’s discuss the eCommerce CRM

CRM systems are tools (such as software or add-ons) that aid in locating sales chances by utilizing crucial data about your target market.

E-commerce customer relationship management (CRM) software is used to handle communications between your business and past, current, and potential clients.

CRM Software UAE

Keeping a positive relationship with your clients is essential if you manage an online store. After all, your clients will ultimately determine if you can stay in the market or not.

Data is obtained from anywhere. But you need a technology that makes it simple to get that information to use in regular communication.

It is a database that compiles and arranges all customer-related data in one location.

It enables you to transform unstructured data into logical information that can then be used for a variety of purposes.

Such as developing tailored marketing campaigns, enhancing customer support, and identifying future customers.

Centralized data

When you first start selling online, you could use a variety of platforms and methods for promotion.

You presumably also use a few marketing tools to be able to do this.

While making sales, each tool’s data about your customers and their orders are kept in separate silos.

You must move from platform to platform to gather data because there is no central repository for it.

The main advantage of employing a CRM platform for your eCommerce firm is the ability to store all of your necessary records in one location.

This is crucial as you develop your organization and diversify your client acquisition strategy.

Since effective CRM software allows you to synchronize all your data and information across various marketing and sales channels.

Every time you finish a data-driven job, you won’t need to update and sync the data manually.

An eCommerce CRM makes it possible to do anything from segmenting your client base to calculating the return on investment from each marketing.

And sales channel, getting insights for new product releases, enhancing customer service, and more.

Customize your marketing approach.

A recent study found that consumers will stick with a brand if they believe the messages they are receiving are relevant to their wants and expectations.

You can benefit your clients by, for instance, sending them emails where you include their names and suggest things based on their past purchases.

The ideal way to gather information about your customers and prior transactions is to integrate an eCommerce CRM system with your e-commerce platform.

A CRM will also reveal more information about how your consumers wish to be contacted about new offerings.

Furthermore, you require any further information on your customers when you begin designing your marketing approach.

For instance, you’ll need to learn more about the region, ideal price range, or demographics.

These data are all kept in CRM.           

As a result, you will have access to information around-the-clock, be able to tailor your marketing plan to various client demographics, and increase your response rate.

You can access all of your order and customer data in one location with an eCommerce CRM platform.

Customer support 

Even if you offer the best products, buyers won’t choose you if your customer service is subpar.

They’d prefer to buy from one of your rivals.

A positive customer experience stems from giving out proactive communication, such as order status updates, delivery delays, or even information that enables customers to use their buy more effectively.

You may centralize all of your support channel chats on one platform with the use of eCommerce CRM technology.

This makes it simpler for you to stay on top of ongoing discussions, both favorable and unfavorable, and to guarantee a quick reaction.

Furthermore, having quick access to a customer’s data, such as their purchase history and questions or complaints, can help you solve problems more quickly.

Recognize performance analytics

Even with the best products, offers, and discounts in your store, you risk missing out on possibilities and using up your resources.

If you don’t keep an eye on the results of your marketing, service, and support, and sales activities.

Using a CRM solution to deliver detailed statistics and graphs of significant data, such as website views, product page visitors, orders, customers, incoming customer inquiries, and much more, enables making better decisions and allocating resources.

Business Growth

Every business owner hopes to grow their company eventually.

It can be challenging to think about expansion when your plate is already full of other business endeavors and the collection and analysis of client data.

The time savings provided by Ecommerce CRM is among its most significant benefits.

You will always easily access useful information about your current and potential consumers.

This translates into higher production, which inevitably results in higher revenue.

Additionally, business expansion isn’t overly difficult to achieve when you allocate your resources wisely.

Ecommerce CRM improves your brand’s market position and assists you in keeping your commitments to customers.

Additionally, choosing which field you want to expand into and the actions you need to take to be successful will be quite simple.

If you are aware of exactly what your clients are expecting from you.

Why does Elate CRM Software be the best solution for business?

Statistics and Dashboard interface –

Your sales agents and receptionists will be able to complete their tasks more quickly and hit the sales targets set for them with the help of the CRM Interface.

Which presents all crucial statistics and dashboards in an easily understandable manner at a glance.

Records of clients –

Keep an organized record of all of your current and potential customers with the aid of this CRM software in Dubai.

Additionally, you encouraged me to contact them through social media, calls, messages, and emails.

Lead management –

The lead section has to be updated with all of the leads that the sales representatives have generated.

This allows you to keep track of every possible consumer and their pertinent data.

You can use this section to fill in information about interesting products.

The price they wish to pay, and the adjustments they require.

You can also assign the leads to the appropriate sales representatives or members of the support team for additional follow-up and discussion.

Opportunity management –

The marketing team’s produced leads can be qualified and advanced to the opportunity stage.

You are now eliminating potential customers and the deals they are considering.

Thus, the sales team can communicate with customers directly and provide them with product estimates.

Make a Better Proposal

Obtain automatically generated, expertly designed company proposals and invoices.

You may rapidly check the different prices and discounts that are provided to different customers.

Users can put the payment terms, expiration date, delivery terms, and other selling details here.

Users can additionally specify the transaction’s currency and VAT values etc.

The hassle of creating a distinctive invoice for each client is reduced by using our quotation and invoice generator to produce a ready-made pdf file that is emailed to the client immediately.

Invoice and report templates that feature your company’s logo, colors, and trademark signatures made by us and then tailored to your company’s requirements.

Customize software

Elate CRM is the customizable software we give you the option to customize the system and add custom fields.

Users can now more rapidly set up workflows and approvals, which are normally difficult processes, as needed.

Thursday, September 22, 2022

Tips to Prepare Small Businesses for Financing

What is small business financing?

Small businesses financing refers to the methods used by aspiring or established business owners to raise funds to launch a new small business, buy an existing small business, or invest in a small firm that already exists to support ongoing or upcoming business activities.

It’s no secret that securing finance may be challenging for small businesses.

Therefore, be careful to ask yourself:

How can I maximize my chances of gaining credit approval? before approaching lenders.

Small Business Finance Software Provider in Dubai - Penieltech

To increase your grant request’s chances of approval, follow these tips

Show that your company has a consistent flow of cash

Cash is still king and a crucial indicator of the health and prospects of a company.

You can assure potential lenders that you have enough money to pay creditors, employees, and others on schedule by being able to show that you have a sufficient and/or continuous cash flow.

Be specific and demonstrate to your financier what dependable cash flow you have coming in.

Prepare financial documents such as bank statements and tax returns to demonstrate your understanding.

These records give the financier a historical picture of the operation’s success and liquidity.

When questioned about cash flow variations, explain why it decreased due to the recession or the loss of a client.

The use of accounting software enhances cash flow.

TallyPrime is accounting software that makes it simple and efficient to shift stock, potentially enhancing cash flow.

Additionally, having access to informative reports instantly can help you make sure-footed judgments and better plan the expansion of your company.

Retain a manageable level of debt

The quantity of debt shown on your balance sheet is known as your debt load.

You must be able to show that you can manage both your existing debt obligations and the additional debt repayments that your proposed funding will require.

Be prepared to show how taking on more debt will benefit your company if you want to expand it.

Project the additional revenue generated from the extra liquidity.

For the financier, a crucial piece of information is how the loan funds will be used.

Maintain a good payment record

Moreover, The history of payments made by a company is one of the most crucial aspects that every financier considers.

A financier wants proof that a company has a history of timely loan repayment.

It’s possible that a financier ordered a credit report on your company from a third party.

To ensure the report is correct, request to see it.

The report might not mention your important business partners and other lenders who may attest to your reliable payment history and serve as strong references.

Provide these references as evidence, and make sure to include the contact details of the individual you work with at your bank, supplier, etc.

You can now manage payment schedules and receive payments more quickly with the help of quick and easy accounting tools.

Show your business judgment

Lenders in the future want to know that you have a strategy in place to deal with any obstacles that might arise.

Lenders are also curious to check if you have the management in place to go beyond any challenges that may stand in your way.

Have a business strategy that you can present to financiers, if at all possible.

The business plan should include a projection for your company’s performance with at least two scenarios:

how you anticipate your company will fare without finance and how it will fare with it.

All you can do is use accounting software for financial management

TallyPrime

TallyPrime is accounting software that supports VAT and aids in managing your finances by maintaining your balance sheet and tax return.

Tally is accounting software that helps companies report, store, and analyze their financial data.

Accounting software, with its automated capacity, makes it simple to capture and generate pertinent information from data, whether there are a hundred or thousands of transactions.

The elimination of manual errors speeds up, streamlines, and improves accounting.

As all the information is in one place, there are fewer business expenses, fewer errors, and more time saved.

Accounting software enables quick access to financial data when required and provides access to in-depth reports that aid in financial decision-making.

TallyPrime assists with accounting as well as payroll management, invoicing, and inventory management.

TallyPrime is distributed by Penieltech in the UAE.

With extensive experience implementing business solutions inside the Tally framework, Peniel Technology is a well-known company serving clients worldwide.

By bringing a superior grasp of the business processes to the table, we significantly increase the productivity of our customers’ businesses with the aid of Tally Software, UAE.

Penieltech has two subscription options TallyPrime Gold and Silver.

TallyPrime Gold

With Tally Prime Gold, you may connect an unlimited number of PCs to a local area network.

The only difference between the Gold and Silver editions in terms of features and functionality is the ability for multiple users to operate simultaneously.

Tally Prime Gold has new features that provide data security, remote access, and on-demand data synchronization.

And also flexibility to match your business procedures.

TallyPrime silver

One user is intended for Tally Prime Silver.

This edition includes Tally.NET and services like remote access in addition to all the features and capabilities.

Except for running on a single system at a time, both versions are identical in terms of features and functionalities.

In addition to subscription services, Penieltech offers highly customizable software that is simple to adapt to your company’s needs.

QuickBooks

QuickBooks is an additional piece of accounting software.

It is a powerful accounting tool for startups and growing businesses.

One of the top accounting and bookkeeping applications, QuickBooks, is favored by many businesses.

Using QuickBooks, the accounting and bookkeeping process is simple and real-time.

It is a versatile piece of software that might satisfy your needs in terms of accounting.

This can be time-consuming and frustrating, especially if you have a busy schedule and a lot of data to enter.

This program is used by thousands of professionals, including small business owners, independent bookkeepers, and huge enterprises.

Its main targets are small and medium-sized businesses, as well as independent contractors.

Additionally, QuickBooks is available internationally and has offices all over the world.

ERP Accounting software

Last but not least software for accounting is ERP.

Along with other tools, ERP offers accounting software in Dubai for small businesses.

This software makes bookkeeping simple. ERP financial software accounting dashboards provide a quick view of all key performance indicators.

With the help of customizable accounting dimensions and dashboards, you can now analyze every aspect of your growing business in one place.

Additionally, ERP software offers Billing and invoicing, journals, payments, multi-currency invoicing, banking, and customization features.

Wednesday, September 21, 2022

5 Differences Between Point of Sale Software and Accounting Software

Every company must keep track of its revenues and expenses.

It is to ensure that the company’s expansion, well-being, and financial stability properly benefit all stakeholders.

Accounting software and point-of-sale (POS) systems are two of the most important financial management tools.

In a restaurant or retail setting, a POS system keeps track of sales and items.

An accounting program tracks bank account information, including deposits, withdrawals, interest earned and paid, and loans provided.

Accounting and POS Software in Dubai - penieltech

Let’s discuss the Point of Sale system

The point of sale is called the POS. It is the location of your company’s sales.

A POS system enables business owners to track all sales and accept client payments.

Their setup is determined by the needs of the business owners.

It could be a physical store, an internet business, or even both.

The cash registers in the store employ the Point of Sale (POS) system.

The POS system serves as the entirety of the digital procedure in the current situation.

You may examine your customers and traffic even when you are not at work.

Just the correct POS system app, a device, and an internet connection are required.

Let’s discuss the Accounting software

Accounting software allows you to manage all of your company’s bookkeeping and accounting tasks from a single app or program.

The accounting program allows you to save and access your company’s accounting, financial information, and transactions.

You may manage accounts payable, accounts receivable, invoicing, billing, estimating, balance sheet, trial balance, other transactions, financial reporting, payroll, bookkeeping, and everything else you have to do with accounting and bookkeeping with the help of accounting software.

Point of Sale VS Accounting software

Business management software, such as accounting software, and point of sale systems have some similarities and both are used in different markets by different companies, according to their needs.

The Point of Sales (POS) system will typically and best serve B2C businesses. Businesses and retail establishments can successfully manage walk-in consumers by using a POS system. They primarily sell things directly to customers and run brick-and-mortar businesses.

This does not imply that B2B uses POS systems less frequently than B2C or vice versa; because users of the POS system include B2B companies.

Additionally, Wholesale distribution organizations that need to operate with cash and have physical locations will use the POS system.

The usage of accounting software by small and also large organizations are very essential.

Accounting software controls and documents a company’s ongoing financial activities.

1. Inventory management –

POS systems can manage inventory more effectively with barcodes, but most accounting software does not support this feature.

The POS’s inventory management module will oversee total visibility and also the accountability of all inventory processes at the store level at all times.

From inventory transfers, store shortages, ordering and reordering, importing goods, price control, and more.

2. Inventory management and VAT enable software-

Most POS systems do not contain the reports and tools necessary to file the VAT.

However, the assets are heavily utilized for the VAT filing process with the aid of accounting software.

3. Expense management

With the help of accounting software, you may create, maintain, adjust, and also stick to budgets.

As you track your revenue over time, create a sufficient budget that is in line with your company’s objectives.


Additionally, accounting software gives precise real-time data, easy budgeting procedures, thorough reporting, and lower costs.

You can align your clients’ demands with an efficient budgeting tool or software, which also prevents overspending.

However, the POS system does not provide expense management. also, the POS system can not track the profit and expenses.

4. Accounting services and financial statements –

Trial balancing accounts payable and receivable, general ledger balancing, journal entries, bank reconciliations, chart of accounts, and accounts payable and also receivable all can manage with the accounting software which is not possible with the single piece POS.

5. Customer-facing Display Point of Sale

The customer-facing display is the primary feature of POS, it is not possible with accounting software.

A screen that confronts the consumer at the billing area displays information about the order quantity, the products requested, the total cost, and the type of delivery.

Additionally, Customers have a tremendous deal of transparency in the transaction thanks to the screens that are in front of them.

The POS software provided by Peniel Technology, Dubai, guarantees a quick and simple charging process with ongoing data synchronization.

Leading retail businesses in Dubai adopted the best POS software in the world.

Our products give standard functionalities in addition to being a very effective POS software UAE.

Additionally, these functionalities will allow you to manage your store conveniently & successfully.

The management of sales, purchases, inventories, dealers, staff, and also customers are among the essential capabilities.

Here are some core features of POS

  • Sales monitoring and reporting
  • Customization
  • Cloud Solutions
  • Employee management
  • Multiple payment methods

5 Best Property Management Software for Small Landlords

 It’s all too easy for things to get overlooked when you own rental property and its management.

Minor mistakes like forgetting to schedule a repair or failing to make a rent payment can result in disgruntled renters and greater vacancy rates, which diminish cash flow and underperform the property.

What is property management software?

Property management software helps landlords and real estate agents keep track of leases, maintenance jobs, and tenants’ payments of rent and other obligations.

Both residential and commercial property management can be handled by it.

Property Management Software Dubai

Here are a few property management software

1. Elate TMS/PMS

With more than a decade of real estate firm expertise and thousands of happy clients, Elate TMS is one of the market-leading property management software in the UAE and is a tried-and-true solution for large, small, and medium-sized real estate enterprises in Dubai.

It offers a dashboard function that lets you see how much space is utilized and also available.

By using the check-in and check-out options, you can keep track of tenant check-ins and check-outs while also reminding yourself of any contracts that are about to expire.

You may enter expenses using our program and generate reports for each unit, building, and renter.

Elate TMS is easy-to-use and also highly scalable software.

Our tenant management system Dubai is a powerful application that enables property agencies and agents to expand their business swiftly through hunting and handling perfect clients.

Our real estate software is purposefully created to market, systematize, and manage business processes flawlessly involved in the real estate industry.

It is extensive software that can commendably support your business and intend cost-effective solutions.

There is no need for pricey training because tenant management software in the UAE is simple to understand.

The tool is adaptable enough to meet all the current needs of property owners or landlords.

Our experts will address your issue and also guide you through the procedure.

In addition to this send us an email, use the chat feature, or phone us at your convenience using the support number.

We pledge to uphold global standards and provide comprehensive technical assistance throughout the issue to help you with your problems whenever they arise.

Features

  1. Great Dashboard
  2. Reminder to remind the expiring contract
  3. Expense entry
  4. Check in and check out the details of the tenant
  5. Report.
  6. Quick Search Option etc.

2. Avail

Software options for the do-it-yourself landlord are provided by Avail.

Additionally, To assist the small investor in becoming a competent and confident landlord, the organization provides a full suite of tools and educational materials.

The landlord software from Avail has two pricing tiers.

In addition to online rent payments, maintenance tracking, tenant screening, background checks, state-specific leases, and syndicated job ads, the Unlimited Plan covers an unlimited number of rental units.

Features

  1. Online rent payments
  2. Work order management
  3. Tenant screening
  4. Automatic listings

3. TenantCloud

For new owners, managers, and landlords with ranging from one to 500 units under control, TenantCloud is a good fit.

Additionally, the business provides a free end-to-end property management platform with all-in-one features in a free Basic Plan, which includes maintaining a record of rental information, sending and receiving rent payments, and managing maintenance.

Features:

  1. Online rent payments
  2. Work order management
  3. Vendor payments

4. SimplifyEM

If you’re primarily searching for an accounting application for managing your properties, SimplifyEM is a great choice.

With some special features like payment reminders, SimplifyEM mostly facilitates tracking and also collecting rent.

Unlike other property management software programs, their free trial version of the software allows you to use the entire program for a short period of time without entering any sensitive data.

SimplifyEm, created by real estate experts, is the best option for landlords who need assistance managing a few properties but don’t want to pay the exorbitant cost of other software solutions.

It strikes the optimal mix between price and also features.

Each package comes with email and phone support, tracking of expenses and income, reports on tenant lease management and also renters insurance etc

With SimplifyEm, landlords can manage their rental properties quickly and easily while also saving time and money.

Additionally, It enables users to keep tabs on their earnings and outgoings, collect rent and rental application information online, screen potential tenants, produce and review owner reports, keep track of maintenance requests, save documents, and automate repetitive chores.

Due to its cloud-based nature, you can start using it right away.

Features

  1. Robust accounting features
  2. QuickBooks integration
  3. Reminders
  4. Automated rent payments

5. Yardi Breeze

With only a few web clicks, customers can manage their homes, tenants, and also finances.

However, Yardi Breeze stands out due to its special function that enables users to capture images immediately from a smart device and add them to a maintenance request made on an internet platform.

Previous users claim that the system is easy to comprehend. Still, even those who have trouble setting it up can get help from Yardi Breeze for free training and customer assistance to get their account set up and become familiar with the program.

Features

  • Online rent collecting,
  • rental applications,
  • templates and addendums,
  • maintenance requests,
  • automated marketing,
  • activity calendars with tasks,
  • renters insurance,
  • tenant communication options,
  • workflow sheets

Note: Reference: Google.com, products are not listed according to ranking or number, they are just discussed with features.