The jewellery business is complex, and the business process will increase as the business plans to expand. It will get harder for manual teams to keep up with the data tracking.
Some companies do prefer using Excel Sheets to keep data. But after a few months, when cash flows increase, keeping track is tough. Updating data each day becomes difficult, especially when there are multiple holidays in a month.
To close this issue, certain jewellery businesses shifted to e-commerce portals to sell ornaments and stones. Even after moving to e-commerce portals, proper process records have to be there.
A jewellery retail and manufacturing today needs, all in one Jewellery Software. They will need software that can automate almost all the areas of their business activity.
To fill in this gap, jewellery billing software is used prominently. Before diving into the necessity of Cloud-based ERP software, it is important to know what cloud-based ERP software for the jewellery business is.
Cloud-based Jewellery ERP Software- Meaning
Each business sector is extravagant due to online advancement. The only matter of concern today is management. There are multiple vendors in multiple locations, and tracking all of them gets tedious.
Cloud Based Jewellery ERP software is required to close the management and tracking issue. The software has the potential to guide, manage, update and track business activities.
Also, with software like SEA ERP, a jewellery business can manage each department independently. In this ERP software, admin rights stay with the owners only.
Increase Profit by 10x with Cloud-Based Jewellery Business Management software
With the heading, it is clear that a business can up-scale their profit graph through Cloud Based ERP software, but how, it is still not clear. To understand how, let’s dive into the following points:
POS: For retail jewellery stores POS or Point-of-sale is the most reliable and suitable system. It helps in tracking the inventory level and its movements. Reports can easily be generated with the help of cloud-based aspects.
POS software comes with flexible barcode generation and faster checkout.
Future-Proof: No one plans to start a business that will close in a few months. Here we are talking about bizarre businesses. A business like Jewellery includes multiple heavy invoices that need serious recordings.
With cloud-based Jewellery ERP software, your business can record each invoice for future references and reports.
Extended Aisles: A business owner cannot visit each store or each vendor every time. Business expansion is the milestone that every business wants to achieve. Extending your jewellery business to multiple aisles without proper tracking and management is risky.
With multiple branches and vendors to join in, the business transactions will get more complex. To reduce this complexity and to build a working chain, cloud-based ERP will provide live tracking and live updates.
Cost: Cloud ERP software saves room for heavy files and offline invoices. The same room can be transformed into a warehouse or retail store. Just saving the property cost is not the flex of cloud-based jewellery ERP software.
Businesses can cut operational costs by hiring fewer employees for management.
Software access can be given department-wise, and the responsible head will update. Apart from that, a business can look at the pending payments or delivery so that there are no unseen losses.
Data Security: With online and automation comes to the risk of data theft. Through Cloud-based ERP, lock your data in a coded manner. All the data and contacts relating to projects, clients, and invoicing can be saved and secured.
Cloud-based software comes with Limited access sharing features. With the help of the feature, a business owner can choose to give access to the required personnel. The owners can also restrict the access, considering the data security.
Product satisfaction and sound internal management are important for the Jewellery business. Making every possible step automated is the way to make it work smoothly and with less operational cost.
Before booking Cloud-Based ERP software, it is important to know the areas they are serving your company.
Get in touch today with the team to learn about their Jewellery Management Software for Jewellery business. If you are still confused, feel free to book a demo.