ABM Advisor: The ABM Blog.
Showing News Filtered By Date from: 2016-10-01 - 2016-10-31
If you've already entered the online shopping world, you'll know some of the trials and tribulations that accompany the process. In a world rapidly embracing the move to digital, an online version of your store is a logical choice. For many though, the move to online isn't accompanied by a team of marketers, accountants and social media professionals.As such, it can be difficult to juggle the responsibilities of an online store concurrently with an online presence, which is where online retail management software can help by removing some of the pressure to allow you to be focus on the areas of your business that need attention.Below are just three ways that freeing up resources through business accounting software will help you approach your online venture in a much smoother manner.Over 90 per cent of the public are turning to social media to help make buying decisions.Better sales managementimplementing automated accounting software into your business will greatly increase your ability to manage and track sales. Starting with our core accounting software, you can add a number of optional modules that can assist in managing your e-commerce project.The Advanced Business Manager Structured Stock module is designed for businesses that wish to track and organise their stock more efficiently. Featuring a flexible structure that allows for user-defined attributes, improving your sales through better recording means you'll always have full awareness of stock levels.More connection with your customersHaving greater control of your stock levels means you'll have more time to interact and reach out to your customers.This can be the deciding factor for many businesses moving online - maintaining a level of engagement with your customers that encourages them to keep coming back to your business is almost as important as having a popular product in the first place. Could your online store benefit from accounting software? If you don't see the importance of social media, then there are some troubling statistics you may want to see. According to Slant Marketing, Facebook accounts for 64 per cent of total social revenue. Even more telling, Magento reports that 93 per cent of the public are turning to social media to help make buying decisions.Analytics helps further the processHaving more time to reach out to your customers is only helpful if you've got something to say to them. The Business Intelligence module presents your business data in an entirely new way: Real-time reporting without delay.Analytics is also helping businesses predict trends in the marketplace, by identifying popular products, promotions and areas of your site your customers are more engaged with. If you want to discover the power of the software for yourself, get in touch today for a free demo.Read Full Story
If we want the actions of our lifetime to herald in the robotic future, there are a number of significant hurdles we'll need to overcome. People from all over the globe are pouring tireless levels of effort into projects and experiments that will advance our species.However, we're only just touching the surface of what technology is offering us the chance to do - even in the present. Facilities like the Tesla Gigafactory are looking to propel our society into the future, by producing low-cost batteries using manufacturing processes powered by renewable energy.The Tesla Gigafactory will be nearly 6 million square feet when finished - and aim to be entirely carbon-neutral.The Gigafactory will change battery productionThe goal of the gargantuan factory - projected to be almost 5.8 million square feet when construction finishes - is to be a carbon-zero facility that furthers the exploration of battery and solar technologies. But how will this change manufacturing and the industries that depend on it? Tesla batteries could change manufacturing. The ambitious head of Tesla, Elon Musk, believes that within the space of a decade, the demand for electric vehicles each year will reach 500,000. To achieve this, Tesla would need to use the world's supply of lithium-ion batteries - forcing researchers to further examine the viability of other energy storage materials.Solar panels are more powerful than ever beforeJust this year, we've seen scientists at the University of New South Wales making flexible solar panels from copper, zinc, tin and sulphur. While solar panels have steadily increased their efficiency levels over the years, the progress made has been too slow for it to represent any significant technological leap.If the Tesla Gigafactory is successful, however, it will radically alter the way we look at manufacturing. Powering the factory through renewable sources will allow Tesla to create cheaper batteries, cars and any accompanying technology.Ideally, this is what will be needed from manufacturing in the future - the industry taking note of public concern for the environment while still striving to further our society. It's risky, but the payoff would mean an incredible triumph. Supporting this success demands quality, efficiency and productivity - without any detriment to any from the other. It's these three key elements that the Advanced Business Manager Manufacturing System is designed to simplify - meaning you'll have more control in how you organise and manage every area of your manufacturing.To learn more about our software, get in touch today for a free demo.Read Full Story
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