Bizman is the next generation business tool which enables the access to complex data analytics and insights for SMES. Bizman is built considering the challenges faced by a business owner. With the growing number of entrepreneurs in the country, comes intensive competition and it is the digital era. Businesses should have a set of digital tools to compete and provide better service to their customers. Yes! E-commerce is booming. Even B2B channels are converting to online mediums to get orders. Why? Because everything is tracked and it is easier to communicate with your customer base.
What purpose does it serve if you have 10 years of transaction records in a book or kept in a software? Does it provide any value to your growth? Definitely a billing tool makes it easier to store records digitally but still no additional value provided in growing business. Hence, the demand for data analytics has grown in the last few years. Use your data to get meaningful insights and create competitive strategies and make the right business decisions.
Of Course it will! WIth complex AI-driven algorithms entities are already predicting future sales, trends and patterns in product consumption and many other important features. Though, the majority of the adoption has been by the big players in the market but in a few years it would be accessible to almost everyone.
One of the most common issues faced by the majority. Knowing the pending stock count of a product is still difficult. But also many owners do not know the right amount of purchase quantity required. There is a cost for inventory holding too! It is best to hold only the optimum quantity of product based on its demand. In Bizman, when you select products while creating a bill it will suggest the preferred purchase quantity based on the demand, considering past records.
Many are unaware of the terms such as quick ratio, monthly sales growth, current ratio and many other key metrics. These are important to understand the current standing of your business and track its performance. By one glance you will be able to understand if you have the capacity to pay your outstanding bills, what is your growth percentage etc. Bizman tracks 20+ Key performance metrics and computes and also suggests some actions in response.
Yes, customers keep demanding for more! Every inch of service that you miss out is an opportunity to your competitors. Customers today love to use the internet for almost everything. In many B2B businesses, customers look for an online channel to place an order instead of calls and through a sales representative to avoid miscommunication and gaps. Bizman has a built-in customer portal for such scenarios where you customers also can login and place Sales orders, view their invoices, pending payments and history. Makes things easier and faster right?
Do you know where your money is flowing? What are your expenses? It is difficult to keep track of these transactions. Yes, in Bizman you can track all these records and provide relevant insights to understand your cash flow. But Bizman can only help you if you record all your transactions. Many owners only use an invoice creating mechanism avoiding other records such as receipts and expenses.
There are businesses who are still using paper based processes. There are various reasons why they haven't moved towards a digital strategy. 1) Lack of knowledge 2) Could not afford it. Try Bizman! It is affordable and also has a free plan! There are tutorials which keep adding to understand the working of Bizman!
Like discussed earlier, using just a simple accounting tool will not help in competing and growing your business! You need to upgrade the technology as the market grows. Bizman covers accounting, analytics and AI driven recommendations! A dedicated team keeps on making changes and upgrades the features for your growth!