Expand Express 2021 | Vol XVII

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This article was published on: 19/08/21 4:36 PM

Home > ERP Newsletter > Expand Express 2021 | Vol XVII

Founder’s Note:

Dear Patron,

 

It gives me immense pleasure to get back to you every month in gratitude for being part of the Expand family for so many years. To all my new readers, I welcome you to the inner circle of a team of ambitious, goal-oriented and focused members who believe in innovations and technology. The Expand Express is an initiative to bring to your knowledge and awareness the latest technology related news and the recent success stories and events happening in Expand smERP. 

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Over the last years we have realised that ‘technology’ is imperative in the success of any business irrespective of size or industry. It is for the best of your knowledge that being updated in the field of technology is a bare necessity in today’s competitive world. It is obvious that a company using automations and softwares will perform better and faster than a traditional, manually operated old-school organisation. Customers are also likely to be attracted towards such futuristic companies.Having received professional and prompt services, loyalty of customers is also guaranteed.So why should we lag behind? Expand smERP ,unites together with a team of biztech experts who know and study the software solutions and innovate for your customised needs.

This year we have made a mark in finding solutions for operational challenges faced by railways contractors. Further, our software has been recognised and used widely by the professors of I.I.S.W.B.M – Asia’s biggest management Institute to train the future generation of Management trainees. This adds to the feathers on our hat and makes us proud to be associated with such a big name in the field of education and technology.

 

Stay connected with us for more exciting news and innovations in ERP software solutions.

Thank you

Warm Regards

 

Vineet Bansal

C.E.O eDominer Technologies

We are all aware of the nuances of technology by each passing day. With every innovation, technology has proven its indispensability to mankind. Well, man invents technology to solve everyday challenges faced by people. For example, the robot vacuum cleaner has gained huge demand during the lockdown period when all the houses had to function without housemaids. With a click on your mobile app and charge in the robot, your house gets cleaned in no time. Who would have thought that such inventions in technology would have actually been used widely?

 

Similarly, QR or Quick Response codes have picked up popularity among the growing smartphone-browsing crowd – a statistic that has marketers brimming with creative ideas and promotions.  A QR code consists of a number of black squares and dots which represent certain pieces of information. When your Smartphone scans this code, it translates that information into something that can be easily understood by humans. QR Codes are basically square boxes made up of pixels that hold and convey information. Whereas Barcodes can only be read horizontally, QR Codes can be read both horizontally and vertically, which is why anyone with a smartphone can scan them. Although QR Codes were originally intended to modernize inventory management systems, nowadays they have a much wider range of applications. Their unique technology enables them to have large data capacity, high damage tolerance, and many flexible solutions that are highly useful for mobile payments, in business and marketing, and for any type of digital information transfer.

Yet, no one wants to open their device to a glut of text messages and alerts from codes they’ve scanned. Fortunately, companies using these codes have found innovative and unique ways to not only get you to scan their code, but boost their brand awareness in the process.

 

How to work with QR Codes

So how can you take advantage of this growing trend for your business?  Keep in mind that much more than web addresses can be scanned. For example, you could:

 

  1. Direct employers to your resume, your LinkedIn profile or your Vcard
  2. Use a QR code in a direct mail piece, business card or postcard to provide a discount
  3. Give customers an inside look at your new Facebook promotion
  4. Take them to a page with more detailed information that wouldn’t easily fit in a print ad
  5. Use them to deliver step-by-step instructional videos or a printable setup sheet
  6. Have the QR code send a tweet when scanned
  7. Let them enroll in an event such as a webinar or teleseminar
  8. Use the QR code to let customers send themselves a reminder via SMS
  9. Link them to a special “Exclusive” YouTube video.

Importance of QR Code post Covid 

After the impact of the pandemic, it has now become more important than ever before to find ways to generate online revenue. Physically-located and service-based businesses must be creative to find ways to digitize their processes and keep engaging with customers. You can continue making sales online with QR Codes.

 

Globally, businesses have begun turning to the only option available to generate revenue –  online. Although the majority of businesses have experienced some financial losses,, the e-commerce industry has an advantage over physically located businesses, because they are already designed to generate online revenue and also offer options like home delivery, which has skyrocketed. For other businesses, the process is not so simple, especially if you have no online processes set up previously. Nonetheless, the current situation has become a motivator for all types of businesses to find methods for generating online revenue in order to stay in operation. This includes promoting online shopping platforms, online courses, webinars, online events, video tutorials, and much more.

 

In order to generate online revenue, you need digital tools to do so. QR Codes fit perfectly with all digital marketing tactics because, in addition to the QR Code image, QR Codes are also connected to a short URL. This short URL creates a neat and speedy version of all your content that then directs users to a customizable display page that showcases things like images or videos. On this page, you can include a CTA (call to action) button that encourages users to view a landing page and make a purchase.

 

There are two ways that businesses can use QR Codes to generate revenue. Firstly, you can use QR Codes on digital platforms like social media, email marketing, or landing pages. Secondly,  the most relevant for physical businesses, you can use QR Codes to connect print advertisements and other print materials to online content.

 

Easy and safe for customers to use

The driving force behind QR Codes popularity during the pandemic is that they enable contactless mobile payments and information transfers. QR Codes can also be scanned from very far distances. 

 

QR Codes are the perfect way to promote mobile shopping channels, because they create mobile-optimized content. If businesses take the opportunity to set this up now, they will continue to reap the rewards even after the coronavirus is over.

The pandemic has undoubtedly left large financial scars on many companies across the globe. But it’s also now become a large accelerator to undergo a digital business transformation. One such way that businesses are making this transformation is by integrating QR Code technology into their marketing, sales, and payment infrastructures.

 

QR codes — essentially a kind of bar code that allows transactions to be touchless — have emerged as a permanent tech fixture from the coronavirus pandemic. Restaurants have adopted them ,retailers have added them to checkout, and marketers have splashed them all over retail packaging, direct mail, billboards and TV advertisements.

 

QR codes can store digital information such as when, where and how often a scan occurs. They can also open an app or a website that then tracks people’s personal information or requires them to input it.

 

As a result, QR codes have allowed some restaurants to build a database of their customers’ order histories and contact information. At retail chains, people may soon be confronted by personalized offers and incentives marketed within QR code payment systems.

 

In 2017,  Apple made it possible for the cameras in iPhones to recognize QR codes, spreading the technology more widely. Then came the “pandemic, and it’s amazing what a pandemic can make us do!

 

Most restaurants introduced paperless/touchless menus since the start of the pandemic. In May 2020, PayPal introduced QR code payments .

 

Expand ERP software – India’s best fit ERP software for manufacturers in export and retail industry, provides QR Codes and Code scanners to track your inventory efficiently. You can take your business to the future goals by deploying Expand smERP software solutions.

Although Indian Railways have progressed a lot, both quantitatively and qualitatively, during the last few years, this system is still plagued by a number of problems which require immediate attention. From the perspective of a contractor the challenges are more operational. There are a lot of mismanagements and unorganised factors that need to be sorted with immediate action. 

 

6 ways a best fit ERP software can solve the challenges faced by Railway contractors. :

 

1. PVC tracking in respect of orders – Prices vary due to demand and supply. Keeping a track of it while taking orders and maintaining a systematic file is crucial to run such a big contract. This can be easily automated and managed by your ERP software.

 

2. Security Deposit tracking against Govt. Sales Order – Every tender or contract with the government involves huge money deposits and calculations. Keeping a constant track of the security deposit and other monetary transactions can be managed with ease and viewed remotely with a cloud ERP software

 

3. Free Rail Tracking issued by Indian Railways – All compliances and benefits of free rail passes issued by the railways is a huge task. The challenge is keeping track which is impossible to do manually. Such challenges can be overcome efficiently with an automated ERP system.

 

4. Multiple BOQ managed through minimum effort – Bills used in tendering contracts are multiple and huge in numbers. Tracking the bills and filing them in order takes a lot of time and effort. This can be shortened by using an ERP system to manage the multiple bills and payments.

 

5. Service Invoice tracking properly – Servicing the train compartments and engines is a daily job that needs to be tracked properly by the contractors. This involves a number of trains, workers or engineers and also location. The contractor has to deploy a management system that can systematically track the service task and also the invoices efficiently.

 

6. Percentage wise proportioned dispatch & billing – All transactions, dispatch invoice, bills etc need individual attention to run such a big show smoothly. Indian Railways is the fourth largest railway system in the world. It encompasses a vast number of the population  – engineers, contractors, workers, ground staff, ticket collectors, ticket checkers, pantry staff, housekeeping staff etc. The system has deputed responsibilities to various contractors who run the show respectively and see that all departments are managed well. A best fit ERP software is essential to track and record all transactions and services, dispatches and billings systematically. 

 

Although ERP software can’t solve all of the operational challenges facing the rail industry today, it can work towards a futuristic railway service for a developed nation. Expand smERP is India’s best ERP solution for dealing with such operational challenges in the railway industry. The solution is customised, agile, best fit and affordable. It is the best solution for a future ready railway service.

1. Why use QR Codes in restaurants

For the uninitiated, QR Codes are advanced barcodes that can be easily scanned via a smartphone. They are easy to create, and occupy very limited space. It also makes it easy for your customers to dine-out and learn about their food.

 

2.The Railways have acquired technology-enabled enterprise resource planning (ERP) solution in the last few years:

In the last few years, railways have completely moved towards e-tendering process to eliminate corruption, To make railways clean and transparent, the ministry is moving towards e-tendering process where every tender will have to go through electronic channel only. Besides, the ministry has brought reforms in terms of accounting and a regulatory framework will be put in place. The proposed regulatory framework is to be tasked with fixing fares.

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