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Hello! |
As we move closer to the end of the year, businesses everywhere are gearing up for the final quarter. Every new month brings both opportunities and challenges, as many prepare for the upcoming festival rush. This month, we focus on innovative strategies, essential tools, and expert insights to help your business thrive in this dynamic environment. Let’s dive in and make this month of growth and success! |
In this edition, we cover: |
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Product updates |
New support for advance orders in KDS Now, with this new feature, you can display advance orders directly on the kitchen display system (KDS), streamlining the preparation process for delivery orders. This feature is particularly beneficial for businesses like cake shops, where date-based advance orders are frequently needed. The advance order details displayed on the KDS according to the delivery date, ensure the kitchen staff prepares and customizes orders accurately and on time, reducing errors and enhancing customer satisfaction. |
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Webinars to enhance your business operations |
Join our series of free webinars designed to help you maximize efficiency and drive success in your retail business. Our experts cover a range of topics that are crucial for modern retail operations, providing you with the knowledge and tools needed to stay ahead.  Gain deep insights on how to use our software and exclusive features effectively directly from product experts. Interact with our product experts live and learn how you can overcome challenges in your business. Exciting opportunity to gain valuable insights and practical tips from industry professionals.
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How to became a pan-India retail giant 5 key insights from Lalit Agarwal, Founder of V-Mart Retail | "Identify the gap between urban and rural aspirations for quality, affordable product creation. Leverage India's diversity by understanding regional differences and creating tailored sales strategies. Immerse in local culture to gain insights through on-the-ground, experiential research. Use quality materials and know-how to craft products that meet market demands. Create societal impact by generating employment and fostering organized behavior within communities.” Source |
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Circle the dates, plan your promotions, and delight customers |
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GST returns and due dates |
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Bakers Technology Expo in CoimbatoreWe had an incredible experience connecting with bakers and restaurateurs at the Bakers Technology Expo in Coimbatore! Attendees learned how our ERP automates tasks and tracks inventory in real time, reducing manual work and minimizing waste. Participants left with actionable insights for better decision-making and information on how our ERP can be customized to fit the unique needs of their bakery or restaurant.  Want us to participate in an event near you? Just let us know! |
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New 45-day MSME payment rule and its impact on retailersAs of April 1, a new regulation mandates that companies must settle payments with MSMEs within 45 days, or face tax liabilities on overdue amounts. This change, introduced under Section 43B(h) of the Income Tax Act, aims to ensure timely payments to MSMEs, affecting how retailers manage their supplier relationships and cash flow. What can you do? Assess your current payment schedules and adjust them to comply with the 45-day requirement. This will help you avoid potential tax liabilities. Engage with your MSME suppliers to discuss the new payment terms and explore mutually beneficial arrangements to maintain smooth operations. Consider revising your cash flow management practices to accommodate quicker payments, ensuring you have the liquidity needed to meet these new obligations. If the new rule significantly impacts your operations, consider diversifying your supplier base, including non-MSME options, to retain flexibility in your payment terms. |
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