Drive more sales to your restaurant business with these innovative ideas

The food and beverage industry is massive, and it is predicted to grow in the next five years, owing to an expansion in the consumer base and rising disposable income. The UAE restaurant industry, on the other hand, has an abundance problem. Several restaurants are fighting for clients, therefore restaurant owners must concentrate on attracting more customers and increasing restaurant sales. Restaurant sales are rarely consistent, and they are affected by a variety of factors like competition, seasonal swings, and the changing economy. Here’s a list of creative ideas that may help you to increase restaurant sales: Introduce a Restaurant Website or Mobile App Though if you own a non-digital local restaurant, your storefront is no longer the face of your business. The website is the most essential aspect in assessing a restaurant’s reputation, according to 88 % of individuals who go online to research products or services. If your restaurant’s website isn’t up to standard, customers will most likely leave it at a single glance. Your restaurant’s website or mobile app must have an elegant design, attractive features and it should be properly functional as well with easy navigation. Additionally, keep in mind that most people use their smartphones to conduct research of this nature, whether they’re at home, in the car, at work, or elsewhere – your website must be mobile-friendly. Prioritize the Upselling Up selling is a great technique to boost sales and draw attention to your high-profit food items. Getting consumers to purchase your most profitable meal item, as well as enticing them to get a dessert or a side dish, can increase the value of their average ticket. Train your restaurant staff and employees to provide support to your visitors without going overboard. Your employees can recommend food to your guests, but they must not be forced to order it. Regular clients can have things suggested to them based on their likes and ordering habits. You can use your POS to help you re-sell popular and high-profit items. Waiters and servers can use the Server’s App to take orders from a handheld restaurant ordering system that shows the whole menu as well as the most popular items. CRM connectivity allows your waiters to monitor client ordering history and up sell things based on the preferences of the customer. Make the Most of Your Restaurant Menu Your restaurant menu has the ability to dramatically increase restaurant sales if it is designed correctly. Customers will see and order your high-profit and popular items first if you emphasize them. Add enticing menu descriptions that encourage customers to order more, and the restaurant will automatically upsell goods and improve sales. You should also review and update your restaurant menu on a regular basis to identify and replace problematic products. Adding new items to the menu is a terrific approach to attract clients while also helping to boost sales. Implement Online Ordering It’s great to have a beautiful restaurant where people may dine, but having an online ordering option is much better. More people in the UAE are looking for restaurants that deliver because it is more convenient to eat in the privacy of their own homes or workplace! According to a survey, 60 % of UAE customers purchase food through an app. You must either partner with an established online ordering website or a food delivery app in the UAE, such as Talabat, or permit online ordering through your own website or app. The majority of smartphone users consider online meal delivery applications and websites to be a more convenient approach to satisfying their hunger. Online ordering broadens your horizons and allows you to reach out to more audiences who may or may not be able to dine at your restaurant. Boost Your Restaurant’s Online Presence The worldwide food and beverage business has been thought to be more internet-savvy than ever before in the last two years. If you don’t have an internet presence yet, you’re not on the right track to success. You can build your own website and app (which is expensive, time-consuming, and frequently buggy), or you can join Blink for Restaurants and improve your restaurant’s digital presence. You will obtain a regular stream of organic orders if you have a branded website that is SEO optimized. The branded apps are always amazing and worthy, allowing your clients to place orders from your restaurant with a single click of a button. Marketing Creatively to Attract Customers Marketing has evolved into an essential component of restaurant operations, and it plays a crucial role in raising restaurant sales. With more than 70% of UAE residents utilizing the internet, you can’t overlook the value of online marketing in improving your restaurant’s sales. Most individuals, particularly travellers, look for restaurants online before deciding where to eat. As a result, if you want to increase foot traffic to your restaurant, you must focus on online marketing. Restaurants offer fantastic online opportunities to reach out to potential customers, such as social media marketing and Google My Business listings. You can also construct audience-specific campaigns based on demographics and behavior by investing in sponsored advertisements on Facebook and Instagram as it’s a trending and highly effective marketing strategy for restaurants. It allows targeting a certain demographic, allowing you to cater to clients depending on their preferences. Offer Customers to Sample a Dish. Entice your customers from time to time by offering them a sample dish to taste, this methodology helps you to gain good feedback and more new customers. This is the most successful and cost-effective way to market a restaurant and establish brand recognition. Every public event that attracts your target audience is an opportunity to provide product samples. Choose the best 2-3 dishes from your menu that can be easily transportable, and send out some solid restaurant representatives to meet and greet at the events and also try to offer those dishes to your customers at no cost need. Prioritize Customer Retention When compared to a new customer, loyal consumers… Continue reading Drive more sales to your restaurant business with these innovative ideas

Impact of Accounting Software on Business Performance

Here’s all you need to know about account management software Accounting software has now become a big need for organizations, as observing the quick and effective growth of technology. Business owners have learned that manually managing finances would not help them reach their goals sooner and also with the expected turnover. Therefore account management software’s are designed to assist businesses to manage their budgets more effectively. If you are a business owner who has been considering automating your financial operations using cutting-edge technology, you first need to grasp what accounting software is, and why such software can be advantageous to your business. ERP software addresses the following issues in addition to empowering your business You can optimize and automate your business processes with a well-planned ERP Software solution. There is no room for inaccuracy with a single source of data. The financial activities of your company are more accurate and efficient. You can see where you need to improve in every company area since you have total visibility. Processes are quickened by automation. It enables you to expand your firm simply by increasing income on a national or international scale. Working with ERP software is a completely digital approach that reduces work pressure. An account management software is helpful for your business in the listed ways Amendment Accounting Solutions Accounting software improves accuracy by reducing or eliminating computation errors made by man. Manual accounting involves performing a large number of mathematical calculations by hand. An incorrect calculation early in the process could have a substantial impact on the ultimate balance. While accounting software permit businesses to manage all financial assets without facing an error. Speedy Completion Accounting software enables organizations to process accounts more quickly than they could manually. Tech devices, which can analyze data much faster than the human brain, account for a portion of this gained inefficiency. Businesses can also increase efficiency by automating operations with accounting software. Assume that a company must keep track of all of its transactions for tax purposes. Rather than having a staff member manually calculates the tax, accounting software might be set up to do it for each entry automatically. Cost Effective Accounting software’s benefits of speed and efficiency are typically accompanied by lower total costs. Accounting software enables each finance department employee to accomplish more in less time. As a consequence, the accounting department’s salary and administration costs may be reduced. However, these savings must always be evaluated against the cost of the software as well as any additional hardware necessary to run it. Error free Reporting Accounting software enables organizations to provide all of their employees with up-to-date and accurate financial information. Many accounting software includes reporting modules that allow users to create this type of report by filling out a form or pushing a button. While manual reporting would take a long time. Bother-less Tax Filing Filing your taxes can be a time-consuming process that necessitates precise documentation of all of your company’s activities. Accounting software benefits include making this process easier by bringing all of your company’s financial data together in one place. Tax return software that connects with accounting software is also available from firms like Intuit and ATX. This allows you to compute your own return in a semi-automated manner rather than wasting time and money manually figuring out the details. Billing and Invoicing Invoicing and billing are critical business operations and the primary source of revenue for your company. Managing to invoice on paper is inconvenient, time-consuming, and prone to mistakes. It’s impossible to create actual invoices for each time a client buys from you when you have recurring orders. Without automated tools, tracking bills and reminding consumers of pending payments is very challenging. List of the top 5 ERP inbuilt accounting software trending in the middle-east: QuickBooks is a well-known name in the accounting software industry. QuickBooks Enterprise ERP is widely regarded as one of the greatest business management software available. It features a straightforward user interface that is simple to master. Almost all professional accounting firms either employ QuickBooks as part of their accounting software toolkit or are familiar with the file formats, allowing users to transfer data directly to their accounting services. ERPNext ERPNext stands out from the crowd because of its adaptability and ability to integrate with hundreds of common place applications used by millions of people. Using the box, Dropbox, Google Drive, or anything else you can think of, cloud storage is seamless. Its mobile apps are available for iOS, Android, and even Windows Phone, so you’ll never be disconnected from your job. You’ll be able to manage sales, purchase orders, billing, payments, and banking, as well as keep track of estimates, projects, and processes. ODOO ERP Are you tired of chasing your employees to do tasks for your company that an ERP system could complete on its own? Accomplish you have plenty of stand-alone programs that may do the job, but don’t communicate with one another, requiring you to quadruple your efforts in supplying them all with data separately? Issues like these have grown common among our clients, and businesses are eager to find automated solutions in the form of an ERP system in which all operations are fully coordinated. Odoo is currently used by a huge crowd of people which is as equal as 7 million all around the world to develop their businesses dramatically. eMatrix ERP eMatrix ERP is a comprehensive business management solution that is critical to any organization’s continued growth and development. The product’s basic and user-friendly nature with complex features is its most outstanding characteristic. It can undoubtedly be operated at all levels of the organization’s operations. Monitoring business activity from different perspectives aids in increasing the company’s profitability and efficiency. Businesses can benefit from this solution, which allows for smooth and effective operations. To put your mind at ease, our eMatrix ERP provides global solutions for bringing everything involved in a firm together and keeping it in order. Sage ERP Sage offers… Continue reading Impact of Accounting Software on Business Performance

Why does your business need to be integrated with Accounting Software?

Accounting Software

Are you the owner of a fast-expanding small business enterprise or searching for comprehensive accounting software to assist you to manage all of your financial activities, such as accounts receivables and payables, inventory transactions, and reporting with the press of a button? Then having dependable accounting software is the best option for your company. When you use accounting software as a business owner, you get a clear picture of what’s going on in terms of the financial aspects of your firm. As a result, you’ll be able to maximize profits, ensure business longevity, maintain smooth cash flow, and save costs while helping your company achieve its objectives. Smart and digitally accessible accounting software helps you in managing all your financial terms from Banking transactions, payroll, overdue tax, and more. As a small business owner, you must handle numerous things to maintain smooth operations, from monitoring and tracking orders to taking care of revenue, expenses, and managing cash flow. Having the correct accounting software that supports growth while also assisting in the strategic prediction, planning, and control of financial processes has become a critical aspect for any organization to prosper. To give you a better understanding of accounting software, below is a list of the most important benefits of implementing such a software solution in your company, but first, let’s define accounting software. What is Accounting Software? Accounting software is a vital program that allows a company to track money flow for internal and external review and auditing. Through tools such as general ledgers, account payables and receivables, purchase orders, stock management, and billing, it is the key instrument for measuring an organization’s financial health and meeting legal compliance. By incorporating well-designed and good accounting software into your small business, you gain valuable business insights that aid in the smooth operation of your operations by automating tasks such as generating timely accounting and financial reports, keeping track of banking receipts, and much more. List out the must-know six significant factors that ensure you why you should opt for accounting software? Better financial control maintaining a company’s financial processes is critical to its success. Accounting software allows firms to automatically manage their finances by offering in-depth insights. It aids inventory management, tracking all finance-related transactions, and provides real-time reports that aid business growth by integrating all accounts-related functions into a single suite. Improves invoice management Invoicing and billing are two critical aspects that have a direct impact on a company’s cash flow. Powerful accounting software helps you to manage invoices automatically, send timely payment reminders, and much more, all while maintaining the smooth operation of your firm. Time savvy and cost-effective Manual account management of course is a time-consuming job that necessitates human participation and might result in errors. Accounting software, on the other hand, can benefit your organization in many ways. Fast-tracking and automating all accounting procedures, saving time and money, improving business accuracy and becoming tax compliant by automatically checking all transactions. Enhances data accuracy Accurate data is essential for every organization to maintain a smooth cash flow, and accounting software is one way to do it. Unlike historical tools such as spreadsheets, accounting software facilitates data analysis, which aids in the optimization of processes and the creation of wiser strategies, resulting in better decision-making. Keep in mind that any inconsistency in financial data can lead to a crisis, and having accounting software in place will help you avoid this. Cash flow management One of the most important parts of every small business is cash projection, and the best solution to this is to manage cash flow using accounting software that is a robust process and can help you keep track of your accounts receivables and payables while maintaining a steady cash flow. It delivers real-time insights into pending bills, as well as bill ageing analysis to comprehend long-standing invoices, assisting in payment frequency management and improving the accounts receivables process. Calculation efficiency Since small business accounting software performs so many of the calculations for you, your financial data will be more accurate than if you kept old-fashioned pen and paper records, especially if you have many people entering the information. Enriched inventory management To guarantee smooth operations, any organization requires optimal inventory management from purchase orders to sales. Advanced accounting software allows you to keep track of stock changes due to purchases or sales, as well as assess if you’re overstocking or under stocking your inventory, resulting in better inventory management. Advanced and real-time reporting The most common reports that small businesses must keep are a balance sheet, a cash flow statement, and an income statement. There are, however, a plethora of other reports available to help you assess your financial achievement. Accounting software comes in handy in this situation. The majority of products offer reporting sections with 30 to 50 financial, tax, payroll, and time tracking reports. Sum up Accounting software is essential for thriving in today’s highly competitive corporate world, from handling all accounting-related chores to tracking inventory movement, recording transactions, and generating real-time information. Just make sure you use the best accounting software on the market to help you manage your business activities effectively. SMB Solutions enables business owners to manage their businesses more efficiently by simplifying all parts of their operations, such as accounting, sales, inventory, and more. You can assure flawless accounting and inventory processes while remaining tax compliant by using our offering accounting software to prevent your business from heavy losses.

Best SAP Alternatives and Competitors in 2021

SAP Alternatives

SAP is one of the largest ERP system vendors in the world, comprising more than a lakh customers globally. With a range of features and tools such as customer relationship management (CRM), human capital management (HCM), financial management, inventory and supply chain management, and product life cycle management, SAP is famous for its extensive list of apparatus that covers every aspect of running and streamlining a business. It can be deployed both on-premise and on the cloud and comes with a comprehensive mobile app for both Android and iOS. Nevertheless, besides all the features and integrations, SAP is also famous for its complicacy. Although suitable for both large and mid-size businesses, SAP can be pretty difficult to deal with and requires a certain level of expertise and know-how. All in all, SAP is not for everyone, which makes for an argument for the vendor’s competitors, who mostly offer the same features at a more user-friendly level. In order to help you reap the benefits of the best feature that SAP has to offer on a more interactive and user-friendly platform, we have compiled a list of the best alternatives to SAP. Let’s take a look: NetSuite ERP NetSuite ERP is one of the best alternatives to SAP, thanks to its scalable, customizable, end-to-end platform that can be utilized to accelerate growth and drive innovation. It offers a range of features, including finance processing, order management, revenue, billing, inventory, back-office tasks. NetSuite also comes with financial management and business intelligence to help you make the right decisions at the right time. Best features: Provides you insightful reviews by combining data with visual analytics Quick cycle time to allow you to enhance your planning process Helps you streamline business process and save time and resources so you can focus on more productive aspects of the business Easily customizable and integratable to keep up with growing business Microsoft Dynamics GP Although at its core, Microsoft Dynamics GP is a CRM, it offers an array of additional services to make itself among the list of best ERP contenders. With Dynamics GP, you can consolidate all your business data and centralize the entire operation to stay organized and at the top of your processes. Created in parallel to MS office software and SQL database, Microsoft Dynamics can optimize your business reporting and business intelligence aspect. This means you can easily evaluate market trends and KPIs to stay ahead in the industry. Microsoft Dynamics GP can also be integrated with a number of third-party solutions to help you manage and maintain different aspects of the company in one place. Best features: Allows you to develop new database-powered apps Creates quick reports with Excel and Word templates Reduces the number of possible errors by minimizing data entry Provides easily modifiable dashboard and visualized data for detailed insights ERPNext ERPNext allows you to take complete control of your business in one place. It offers features such as HR management, financial accounting, inventory management, and project management, to name a few. Like SAP ERP, ERPNext can be deployed both on-premise and on the cloud, and it offers mobile apps for both Android and iOS. ERPNext also allows businesses to create their own website and design product catalog and shopping cart. Best features: User-friendly interface with full control given to the user Allows easy adding and removing process of clients and agreements Is open-source Extensive range of features to help you manage all the aspects of your business Priority Software Priority Software is a business management solution that offers CRM, ERP, and HCM functionalities. It is one of the best solutions to manage your business’ finance, manufacturing, logistics, human resource, time and attendance, warehouse management, project management, and business intelligence. Besides all the features, Priority Software also offers off-the-shelf mobile application development, allowing businesses to build their own mini-workflows without having to indulge in the coding process. Moreover, Priority Software is also integratable with an array of third-party software, making it easier for you to simplify your business process and manage everything in one place. Best features: Short learning curve and ease of use Lower total cost of ownership Looks and feels like renowned applications such as Microsoft Excel Agile ERP solution for easy scalability Oracle ERP Cloud If you are on the lookout for a robust ERP that can facilitate the growth of all kinds and sizes of business without having to deal with the complicacy of SAP, Oracle ERP Cloud is probably your best choice. With a range of tools under their belt, including a strong data analysis tool, Oracle ERP can help you efficiently perform project assessment, financial analysis, and risk management. Oracle ERP is designed to cater to the changing environment and business’ scalability potential. You can use this ERP platform to automate a number of core processes such as financials, reporting, and compliance. Best features: Easily automates core processes allowing you to pay attention to more productive aspects of the business Provides an easy way for employees to submit, view, and track timecards Different plans for various-sized businesses Seamless functionality across different business aspects Conclusion These are some of the best alternatives to SAP ERP. However, you must keep in mind that while choosing an ERP platform for your business, you should make a thorough assessment of your business as well as the platform of your choice. Before finalizing an ERP platform for your business, you must consider the usability of the application. The ERP solution you pick must be user-friendly and easy to operate, so you don’t have to hire a technician only to run your ERP program. The second thing to look for in your ERP platform is scalability. Make sure the ERP you are choosing is scalable, flexible, and adaptable according to the change in your business. Go with a solution that can keep up with the growth of your business. Last but not least, look for reliability in the ERP solution you choose. This means the system should offer you… Continue reading Best SAP Alternatives and Competitors in 2021

Best Odoo Alternatives and Competitors in 2021

If you are looking for ERP software you must be having a hard time deciding considering a large number of options out there. However, once you have ascertained the needs and functionalities of your business, you can track through the plethora of software to find the one that suits you the best. During your search for the perfect ERP software, you must have come across Odoo. The software offer all-around management and maintenance features that can help simplify your operations and give you the reins to every aspect of your business. If you find yourself considering Odoo as your last stop, you will be glad to know that we have compiled a list of similar alternatives or competitors to help you make the right choice. The list is compiled according to the features found on Odoo, which means you will find all the below-mentioned software to have similar features and tools. Some of the most important features of ERP software include visual configuration, payroll, cloud-based system, inventory, projects, and maintenance. The following software will feature most if not all of these features. Let’s take a look: Oracle NetSuite is a cloud-based ERP solution featuring a range of applications and tools to help you manage your accounting, financial planning, warehouse, e-commerce, and much more. It is one of the most used and preferred ERP systems in the market, thanks to its user-friendly interface, easy connectivity options, an abundance of features, and modifiable profile. Nevertheless, NetSuite also has some major drawbacks. One of the most complained about feature is the unorganised dashboard that makes it difficult for customers to search for specific information. Moreover, NetSuite is quite costly when compared to other ERP software in its alley and it is subscription-based, which could be an issue for some small businesses. SAP ERP SAP ERP, with over 40 years of experience, is one of the oldest management solution provider in the market. With more than 50,000 customers, the ERP software has been proven time and again to offer a trusted foundation to build your business onto. SAP ERP has experience serving both large conglomerates and small organisations. It allows you to leverage role-based access to critical data, applications, and analytical tools and simplify your business operations with manufacturing, finance, sales, services, and HR management features. While the learning curve is a bit steep with SAP ERP, once you get the hang of it, you would be on top of all your business operations. Acumatica Acumatica is another cloud-based ERP software that provides a business management solution for organisations, especially for the ones who are having a hard time maintaining their online presence. The software is built for mobile and Tele work scenarios and is easily integrate with tools of your choice, making it one of the most flexible and efficient software out there. One of the best tools Acumatica offers is its Warehouse Management System with automated shipping, packaging and receiving goods in the inventory. Moreover, you can customise it to suit your unique needs either directly through the UI or through the extension project. In terms of support, however, there have been many complaints from customers. It takes quite some time to connect with Automatic a support executives and even more time to get them to help you with your issues. Having said that, if you are looking for customisable, easy to use ERP software for your business, Automatica can be one of your best bets. Microsoft Dynamics 365 Microsoft Dynamics 365 is a comprehensive business management solution. It offers a range of services including operation management, financial management, HR, and manufacturing. Dynamics 365 can help connect all the moving parts of your organisation, allowing you better visibility and control over your business processes. Microsoft Dynamics 365can be used across many areas and can be implemented with various other programs. However, the format Dynamics 365 uses is more or less outdated, which can make it difficult for you to access certain features, especially if you are in a hurry. Not to mention, a lack of a cloud-based system makes Dynamics 365 kind of defunct. Nevertheless, if you are looking for an efficient and optimum management system for your small business with fundamental needs, look no further than Dynamics 365. ERPNext ERPNext is an all-around business management solution providing complete, integrated, and customer-centric experiences to organisations for years. It features Enterprise Resource Planning, Financial Management, CRM, POS, and e-commerce solutions all in one suite. ERPNext is customisable and cloud-based, making it the out-and-out maintenance and management system for all your business needs. One of the best things about ERPNext is that it is an open-source alternative to Odoo, which means you get high-quality software with integrated features without having to invest in a new hardware system. ERPNext consists of all the business solutions in a single suite, allowing you to oversee and manage all the aspects of your business in one place. Moreover, you don’t have to worry about integrating various enterprise applications as EPRNext comes featuring a fully integrated system in one suite. Whether you run a small organisation, mid-sized industry or are looking for a comprehensive solution for a major conglomerate, EPRNext can help you manage, maintain, and operate your business from anywhere at any time. SAGE Not unlike the other options mentioned in this article, Sage offers a fully integrated ERP system that can be used by employees across departments to complete their daily chores. Sage has a range of ERP and business management software for different business types. For instance, smaller business mostly requires accounting, billing, and HR features from their ERP software and Sage have one for each of these needs. Not to mention they have products and services for medium-sized businesses as well as for conglomerates. Sage is a trusted business management service provider, thanks to its effective and rather welcome policy of retaining clients by… Continue reading Best Odoo Alternatives and Competitors in 2021

SMB Solutions provides technological help to start-up companies in Kuwait

Courtesy: Start-up companies in Kuwait have been helped to breathe life into their ideas. Rawan Althunayan and Fay AlZouman, students and co-founders of Reyathena, have created Reyathena.com with the help of SMB Solutions to bring about a sporting revolution in Kuwait. They believe that sport should be more than a hobby and people should dedicate their whole life to their passion. Their aim is to provide athletes with opportunities to excel in their careers, so they can enjoy their time in the limelight. The company’s big idea is to recruit more athletes into the sports industry and it is there to help them achieve their goals. With an online store in place, Reyathena will serve the needs of the sports community by providing quality products to improve skills. Another company benefiting from the support of SMB Solutions is Attach Kuwait. Abdul Aziz Gharabally, CEO of Shamil group and co-founder of Attach Kuwait, has launched the Attachkuwait.com logistics application with the help of SMB Solutions to bring alive their logistics-based business idea. This application will help every business meet their promise of on-time delivery at almost no cost to their customers. The Attach application is linked with Cloud POS and Cloud ERP system ERPNext, which is a Gartner listed product and ranked among the top five ERP systems for user-friendliness. Restaurants can easily place delivery orders on the system, which gets accepted by nearby drivers and helps in delivering orders quickly at customers’ door steps. Hakimuddin Jamali, co-founder and CEO of SMB Solutions, said: “People have great ideas. What they miss is the technology part to execute their ideas. They think development is usually a costly affair and they give up on their ideas. “We at SMB help to bring such ideas to life in a cost-effective way and reduce the time to market using a lean start-up and agile methodology. If you have an idea and you believe in it, just get started.” SMB Solutions is set to provide smart business solutions in Kuwait utilising the latest technology. “We encourage start-up businesses to develop their business by implementing end-to-end solutions,” said Jamali. “SMB is known for helping people to ‘Start My Business’ by providing smart business solutions and that is what we stand for.”

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