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Showing posts from 2020

20 User Friendly Tools of ERP-Next for Sales and Purchase Activity

  Re invent Sales And Supply Chain With An Open Source Sales & Purchase Tool Track inventory levels, replenish stock, and manage sales orders, customers, suppliers, shipments, deliverables, and order fulfillment — all in one open source sales & purchase ERP. Below is the List of Salas and purchase tools/. Real-Time View of Your Sales & Purchases. Item Variants. Track Serial Numbers Manage Lots Multi-Channel Sales Powerful Marketing Tools Elegant Print Formats Powerful Marketing Tools Journals and Payments Accounts Receivable Documents Storage. Stock Replenishment: Promotional Schemes Vendor Management Supplier Portal Accounts Payable Automated Invoicing Multi-Currency Sales On-The-Fly Customizations Self-Onboarding & Implementation Real-Time View of Your Sales & Purchases E RPNext brings all critical sales and purchase data to one place. Dashboards provide an at-a-glance view of key performance indicators relevant to business processes. With configurable accoun...

Airline industry suffered severely by Corona Virus

Corona Virus directly hit to the Airlines industry. Flight operations are reduced up to 85% and multinationals are adopting the policy of firing their employees from their jobs. In 1st stage they have fired over 55 age group emplyees, if this situation will continue it will go very bad especially for pilots, approximately more 100,000 pilots will be fire and more than 1 Million including professional and non clerical staff will be fire. Top multinationals worldwide grounded their airoplanes and are in huge losses of the entire history.  The world economic outlook of airlines industry.  -Virgin fires more than 3000 people including 600 Pilots - Virgin Australia folds.   -Finnair returns 12 planes and lays off 2,400 people  -You grounds 22 planes and fires 4,100 people  - Ryanair grounds 113 planes and gets rid of 900 pilots for the moment, 450  more in the coming months  - Norwegian completely stops its long-haul activity!!!  The 787s are retu...

Prediction of Corona Virus as a Biological Weapon

The novel coronavirus which began from China's Wuhan city has now become a pandemic all over the world. Over 20,000 people have lost their lives and over 500,000 have been diagnosed with the disease. Now that everyone has been locked down inside. In the wake of the same, some caught hold of South Korean drama from 2018 titled 'My Secret, Terrius,' . What caught attention was the fact that one of episodes of the show has an uncanny resemblance to today's situation of the outbreak.  The clip that has gone viral shows a man telling his partner why one should stay at home and avoid stepping out later which the scene gets shifted to a hospital where a doctor explains about the mutant coronavirus outbreak which attacks the respiratory organ. Approximately 53 minutes into the episode, it shows a doctor handing over a file to another character. The doctor tells her, "We must do more research, but it looks like a mutant coronavirus."  The concerned recipient replies: ...

Dubai-Based Investor will inject money to Secure Summit Bank

According to the stock filing, Summit Bank Limited informed that it received a letter from the Chairman of the Nasser Abdulla Lootah Group, who is also the Chairman of the Summit Bank. Summit Bank has received a notification of interest from a Dubai-based investor HE Nasser Abdulla Hussain Lootah who has expressed his intention to acquire a controlling stake in the bank through fresh investment. I, Mr. Nasser Abdullah Hussain Lootah, am writing to explore the possibility of acquiring at least a controlling stake in Summit Bank Limited by subscribing to fresh equity in the bank. It is also envisaged that this equity injection enable the bank to with the minimum capital requirement and capital adequacy ratio requirements as required by the State Bank of Pakistan. In this regard, an exclusivity agreement has been shared with the board of directors for the confirmation that will ultimately give a green signal to the transactions for executing the deal. The Dubai-based in...

State Bank has reduced the time of clearing Cheque from 48 hours to under 3 minutes

Clearing cheques has always been a headache, will not any more! 1. Simply walk in the paying bank. 2. Present the crossed cheque at the counter. 3. Provide your account details. 4. Get the funds transferred into your account. Clearing time reduced from 48 hours to under 3 minutes. Facilitation regarding Paper-based Clearing Operations in the wake of COVID-19 To combat the potential spread of COVID-19 pandemic by limiting person-to-person interactions and to provide ease of services to the customers, Banks/MFBs are allowed to provide the following services to their customers: Direct Cheque Deposit Facility under which: A crossed cheque may be presented by payee/beneficiary directly into the paying/drawee bank, instead of their bank branches as per the existing practice. In this case, funds may be transferred by the paying/drawee bank either through RTGS customer fund transfer - MT102 or Over the Counter (OTC) IBFT or Bank...

Where did the Corona virus come from?

The Corona virus was manufactured in the UK laboratory, registered in the United States, and then routed to Wuhan's laboratory by Air Canada flight from the Canadian Laboratory.  According to research, the use of the Corona Virus as a biological weapon was initiated by the Pirbright Institute in England. Bill  Melinda Gates Foundation provide funds for this project. The Corna Virus was regularly patented by the Johns Hopkins Bloomberg School of Public Health  in the United States. Its patent number was 10,10,701. The patent was terminated as soon as the first case was discovered in the United States in January.  US-based Center for Disease Control and Prevention (CDC) 2019-nCoV, was practiced  in New York on October 18, 2019. The exercise was organized by the Bill & Melinda Gates Foundation, John Hopkins Center for Health Security in partnership with the World Economic Forum. The exercise, which was attended by parliamentarians, business lead...

Success Story - Mr. Yaseen Hussain CEO of EHR Excellent

Since many years of providing services in several reputed organization Mr. " Mr. Yaseen Hussain " has founded Human Resources organization with the name of  EHR Excellent  for providing other companies H.R facilities. He has taken essence of varoius organization during decades. He is one of the leading Human Resource professionals and has earned vast experience in senior human resource positions. Providing Human Resources services to organization like Gul-Ahmed, Sindh Micro Finance bank. He has proven his expertise in management, consulting experience in the local corporate, multinational and public sectors. Since the foundation of  EHR Excellent  it is the founder's aim to facilitate their client by Strategic Planning & Implementation of best practices, Organizational Restructuring, Training & Development, Outsourcing, Executive Search and provide solution to complex problems. Experience;         Telenor Bank Bran...

SBP increase the Limit 5 times for Freelancer's Remittances

Freelancing is increasing in Pakistan with the ever-growing unemployment and the blooming trend of being you own boss. However, in Pakistan, Freelancers are paid less as compared to other countries. Freelancing growing rapidly in Pakistan State Bank has increased Freelancers payment limit for freelance services in Information Technology sector. The payment increased is five times of the present payment. SBP has issued a notice, yesterday in which the bank revealed that this decision is made in order to enhance the overall scope of the business through freelancing. Previously, the payment for freelance IT services was $5,000 which is not increased to $25,000 per month. By increasing this payments, SBP foresee that freelancers will become economically sound while foreign exchange flows in the country will also be improved. In this way Freelancers will be able to expand their business and will also be able to hire other individuals for the services. Well t...