Banking

5 Ways Jain Software Simplifies E-Commerce Management

Management

Management

How Jain Software makes e-business management easier : 5 best strategies

Typically, the contemporary environment is highly dynamic and presents a host of problems to e-commerce enterprises including stock management, order processing, and customer satisfaction. Facing these challenges Jain Software Solutions a reputed IT solutions provider has come up with tools & services. Jain Software with the help of advanced technology and customer driven solutions has made five significant ries in the successfully operation and growth of e commerce management for businesses.

1. Simplified stock management

Perhaps the most significant challenge faced by managers of firms that deal in products that can be sold electronically is inventory management. If the opposite is achieved and there is over stocking, the result is high inventory cost, whereas if there is under stocking, there are lost sales. Jain Software’s advanced inventory management solutions address these issues comprehensively:

Real-Time Inventory Tracking

Jain Software also includes real – time tracking of inventories so that companies can track their inventories from different locations. This also does away with guess work and makes certain that stock is always in place.

Automated Stock Replenishment

Automated system of stock refilling entails that businesses establish different points at which they expect the amounts to reach. It means that it automatically generates purchase requisitions thereby checking on the stock when it is depleted.

Compatibility with E-Business Models

Shopify, Woo Commerce, and Magento can be easily connected with Jain Software’s inventory management system. These integrations help in managing the inventory, orders or/and sales at a consolidated view.

Benefits for Businesses

  • Reduced stock discrepancies
  • Improved cash flow management
  • Mentioned improvements were optimistic expectations of increased customer satisfaction through the accurate availability of product.

2. Efficient Order Processing

Commerce processing is considered to be a cornerstone of the success of any Internet-based business. Any slow or wrong handling of the process can cause customers’ dissatisfaction and, thus, lead to a loss of revenues. Making the order processing faster, accurate and explicit, Jain Software’s solutions are designed this way.

Automated Order Fulfillment

On this note, it is worth to point that with the help of Jain Software all steps of order fulfillment are possible to be automatized. Customers are able to track when their order is processed, picked, shipped, and everything in between.

Integrated Payment Gateways

Payment gateway integration is allowed for the platform, which enables different options for customers. Preliminary and faster transaction processes contribute to the customer’s confidence and expectations.

Real-Time Order Tracking

The system that Jain Software has developed to help the businesses allows tracking of orders in real-time and for the customers as well. It brightens the prospects for customers to trust your firm and also lowers the number of inquiries that an order generates.

Returns and Refund Management

Since the management of returns and refunds is a complicated task, with help of the proposal, Jain Software automatically generates corresponding workflows. This tends to make sure that the returns cycle, is managed in a proper method hence enhancing the customer experience.

Benefits for Businesses

  • Faster order processing times
  • Reduced manual errors
  • Enhanced customer experience

3. Big Data and Business IntelligenceE commerce Management System

It is imperative that any e-commerce business adopts the culture of Leveraging these Big Data in order to make critical decisions. Jain Software uses analytical and reporting services to assist in making transformative changes that will enhance growth of its business and improve efficiency.

Sales Performance Analysis

Jain Software maintains clear report generation on the sales front and the specific products or services that are popular among customers, the dates when the business has recorded the highest sales, and other factions.

Customer Behavior Insights

It will help the businesses that try to attract customer attention and enhance product suggestions depending on customer behavior. The tools which Jain Software provides assist the businesses to know what is required by the customer and how to retain them.

CT Inventory and Supply chain management analytics

The use of advanced tools helps to gain information about such essential rates as inventory turnover rate, suppliers’ performance, and demand predictions. It is also the self-same insights which help businesses manage their supply chain and, in consequence, cut expenses.

Customizable Dashboards

This looks at business-defined dashboards by the platform to make it easier to concentrate on certain things that may interest it. Whatever the metrics might be, from revenues, customers, to order processing, Jain Software ensures it is simple to keep track of performance indicators.

Benefits for Businesses

  • Improved decision making with active information
  • Better targeting and subsequent customer loyalty
  • The last strategic change is linked to an augmented operation efficiency, which, in its turn, is related to the strategy’s overall impact, further discussed in the current section of the work.

4. An anodyne illustration of an organization’s mission is to target customer values by providing them with a total quality experience.

In any highly competitive industry today especially the e-commerce, customer satisfaction is very powerful weapon in the fight against the competition. Jain Software solutions are developed to enable organizations to engage their customers at a high level on every interaction.

AI-Powered Recommendations

Jain Software applies artificial intelligence technology to make some of the information related to customers and then give suitable products to match those customers. This does not only improve the shopping experience of the consumers but also increases sales by relevent products.

Customizable User Interfaces

It enables the business to create attractive and easy to use websites with organizational logos and colors. Other tools would be templates and themes which give flexibility in designing a theme that customers will appreciate.

Omnichannel Support

Jain Software allows the establishing of a single customer experience platform that supports web and mobile applications plus social media channels. This means that customer can engage with the brand at anytime they want without any hitches.

Automated Customer Support

Services such as chatbots and-automatic email replies Jain Software offers solutions that enable customer support for businesses. This enhances efficiency by decreasing response time which in effect gains customer satisfaction.

Benefits for Businesses

5. Cost Effective and Efficient IT∾ InfrastructureeCommerce Management Services

A strong IT support system is necessary for the sustainability of any company engaged in online selling. You can rely on Jain Software to offer solutions that are tailored for small business owners looking for solutions that can easily expand as your business expands.

Cloud Hosting Services

Jain Software’s cloud hosting solutions allow for your e-commerce site to run fast and smooth at any one time even when there is huge traffic. Flexible resources are crucial when it comes to managing growth within a business without it being affected by petty complexities.

Data Security and Compliance

Jain Software is very much concern to the security of their product. It also has several security features which consist of data encryption, firewall, and it supports some of the requirements of Regulation on Privacy protection in European Union (GDPR). This is a way of safeguarding customer information and therefore easing trust between the two entities.

Disaster Recovery Solutions

The disaster recovery by Jain Software enables a business to safeguard their information and restore it when such incidents occur. This reduces the time that activities take and ensures steady workflow is maintained.

24/7 Technical Support

Jain Software provides customers with 24/7 technical support to fix all the problems as soon as possible. This way there is little interferences and lots of availability for the e-commerce business.

Benefits for Businesses

  • Reduced outages and better performance on your platform
  • Enhanced data security
  • This is particularly important to complement business development where there is need to have larger automated systems.

Conclusion

Jain Software’s End-to-End E-commerce Solutions make e-commerce management as easy as possible across operations, tracking, analysis, and customer relations. Through those solutions, the businesses are able to combat and eliminate common obstacles and challenges in the rapidly competitive e-commerce environment to enhance their functions and guarantee long-term success.

As a start up or an e-tailor you may be looking for support and solutions that will mechanism your online business and Jain Software can provide exactly that. Move forward to the future of e-commerce management with Jain Software and see your business grow.

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10 Trends Jain Software is Shaping in the IT World

IT

IT

Information Technology is constantly changing as new technologies and solutions enter the business arena and as firms cannot only use but influence the field’s trends, they must read the field. Jain Software, the Indian IT solutions company has been constantly involved in introduction of various ideas that are now shaping the face of the IT solutions market. Here, the author analyses ten major trends that are being spearheaded by Jain Software illustrating how they are redesigning the future of technology.

1. AI-Driven Automation

AI has become one of the major disruptors in business, and Jain Software has looked to harness this to make new changes across the industries. Starting with automated chatbots for customer support to the use of AI- based, predictive analytical tools, Jain Software offers solutions that minimize man intervention and improve operations. They have tailored AI solutions to accommodate various fields such as health, business and learning institutions so as to make better decisions and work more efficiently.

Real-World Impact

For instance, Jain Software AI integrated CRM system enables companies to determine prospective demands of the customer and hence allows treating each customer in a very unique way thus increasing the numbers of customer retention.

2. Cloud-Native Solutions

Jain Software have devised superior cloud-native applications as more organisations move to the cloud. These solutions facilitate smooth upward scaling, enhanced security as well as cost effectiveness. Company’s hosting service MNC Host provides packages for individual enterprise need so that the transition to cloud service can be seamless and maintaining it too.

Key Features

  • Scalable infrastructure
  • Robust data security
  • Fully integrated with current platforms

3. Custom ERP Solutions

Enterprise Resource Planning (ERP) is one of the most important tools for running a business today. Jain Software is contributing towards the ERP trend by developing industry specific, fully integrated, high end, value added solutions that automates business processes, optimize the utilization of resources, and ensures easy accessibility of information. The featured solutions are mostly targeted at healthcare, educational institutions, retailer stores, and many other types.

Benefits

  • Real-time data insights
  • Increased system availability
  • Enhanced decision-making

4. E-Commerce Revolution

The market for e-commerce is only growing, and Jain Software is right in the thick of it. These robust solutions include an AI-based recommendation engine integrated into their comprehensive e-commerce solutions, integrated, SSL safe payment gateways, and new inventory management solutions. All of these platforms allow businesses to deliver the best of online shopping experiences.

Innovations

The platforms of Jain Software also cater to omnichannel requirements and help organizations to synchronize their online and offline structures.

5. Digital Marketing Transformation

IT

IT

Optimization of the online platform is now an inevitable medium to facilitate the growth of businesses in the current intense market. Jain Software offers the latest in digital marketing solutions, data Analysis, SEO-optimizer, and social Marketing solutions. What makes their campaigns unique is that they include massive amounts of data processing for maximum effect and efficiency.

Key Offerings

  • Eventually, digital and social media marketing or micro- marketing,
  • Pay-per-click (PPC) campaigns
  • Advanced analytics tools

6. Focus on Cybersecurity

Today cyber threats are on the increase, thereby, making sound cybersecurity measures inevitable. Jain Software provides leading-edge technologies encompassing IT security solutions, web hosting services, message encryption and prevention systems. Their solutions are unique for protecting business data and to retain customers’ confidence.

Security Highlights

  • Multi-layered protection
  • Periodic scans for susceptibilities
  • Meeting of the international security requirements

7. Mobile-First Development

Given the exponential increase in the use of mobiles, Jain Software ensures that all applications and websites are developed mobility friendly. They specialize in designing applications that are Accessible and convenient to interact with on clients’ PCs, tablets as well as mobile phones. Focusing on mobile first strategies protects Jain Software and their clients as a business from being left behind in the ever mobile dominated market.

Success Stories

The mobile apps have been developed to their client’s specific requirements of industries such as the healthcare and or retail sector to improve customer relations and operations.

8. Data-Driven Decision Making

Today when huge volumes of data are being generated, Jain Software assists companies to derive value addition from these statistical data. Their technology includes data visualization and artificial intelligent applications to improve business decisions and help them gain strategic edge over competitors.

Applications

  • Customer behavior analysis
  • Inventory optimization
  • Revenue forecasting

9. Sustainable IT Practices

In a world that fully adopts sustainability, Jain Software is leading the path in producing eco-solutions in IT. They employ the use of a hosting service with energy conservation, provide e-Solutions in the handling and storage of documents to eliminate the use of papers, and develop systems that use resources most efficiently.

Green IT Initiatives

  • Cloud migration to minimize infrastructure facilities
  • Long-distance communication media to reduce commuting
  • Efficient resources of energy in server management

10. Integrated IT Solutions

The future of IT total integration where all a business needs will be provided by the IT solutions in one system. Jain Software’s integrated IT solutions encompass interrelated activities of business operations such as Human Resource, inventory, customer services, and marketing. This integration is aimed at achieving convergence of different activities and linking departments together.

Advantages

  • Improvement of operational performance
  • Improved communication
  • Centralized data management

https://www.jain.software/6-features-of-jain-software-domain-services

Conclusionrapid growth digital transformation initiatives

That is why Jain Software is an IT company that seeks to become a trendsetter in the global market. Creating these ten trends, the company meets not only the existing requirements of enterprises but also contributes to the development of a more progressing environment. From embracing artificial intelligence, enhancing cloud, to integrating environmentally friendly practices in delivering IT solutions, Jain Software still reigns as a market pioneer in offering positive change and fruitful business solutions for its clients.

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SPICE forms: A hassle-free process of incorporation

Ministry of Corporate Affairs (‘MCA’) has come with for Incorporation of Company under Companies Act, 2013 to incorporate the company within one day; with the SPICE forms meaning (Simplified Performa for Incorporating Company Electronically).

It was a significant step taken by Ministry of Corporate Affairs by introducing e-form INC-32 under SPICe scheme vides MCA’s notification dated 01/10/2016 notifying Companies (Incorporation) Fourth Amendment Rules, 2016.

The Ministry of corporate affairs (MCA) is primarily concerned with the administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law.

The following forms are notified by MCA:

  • Incorporation of a company in e-Form SPICE (INC-32)
  • e-Memorandum of association in e-Form SPICE MOA (INC-33)
  • e-Article of association in e-Form in e-Form SPICE AOA (INC-34)

In today’s global scenario, it’s a very way to start the business with a single window form.

It’s said so because earlier if a Person wanted to incorporate Company then they had to apply for the DIN, Approval of the Name, its availability, separate form for first Director, Registered office address, PAN, TAN etc.

But this form can be used for all the following purposes:

  • Application of DIN (up to 3 Directors)
  • Application for Availability of Name
  • There is no need to file a separate form for first Director (DIR-12)
  • There is no need to file a separate form for an address of registered office (INC-22)
  • There is no need to file a separate form for PAN & TAN

Type of companies covered under e-Form SPICE (INC-32):

  1. One Person Company = INC-32 (SPICe )
  2. Private Limited Company (with7 or less than 7 subscribers) = INC-32 (SPICe )
  • Public Limited Company (with7 or less than 7 subscribers) = INC-32 (SPICe )
  1. Section 8 Company(with7 or less than 7 subscribers) = INC-32 (SPICe )
  2. Producer Company (with7 or less than 7 subscribers) = INC-32 (SPICe )
  3. Producer Company (with more than 7 subscribers) = INC-7
  • Company with foreign Subscribers (up to 7) = INC-32 (SPICe )

The following documents are required for Incorporation of Private Limited Company under SPICe process:

  1. Documents from Directors and Shareholder
  2. IDENTITY PROOF

1) Permanent Account Number (PAN) Card
2) Aadhaar Card / Passport / Driving License / Voter Identity Card

  1. ADDRESS PROOF

1) Telephone Bill / Mobile Bill
2) Electricity Bill / Water Bill
3) Bank Statement /Bank Passbook with latest transaction

(Any one of the Document not older than 2 months)

*Telephone Bill / Mobile Bill/Electricity Bill / Bank Account Statement must be in the name of applicant and should not be older than 2 months

  1. PASSPORT SIZE PHOTOGRAPHS – 3 EACH

Notes:

(If the documents are not in English, then it should be translated to English)

*All the Copies of documents must be Self Attested by the applicant

2. Documents to be signed by DIRECTORS

1) Consent to Act as Director: Form DIR-2
2) Details for Director identification number (DIN)
3) Declaration of DIN (If DIN is allotted already)

 

3. Documents to be signed by SHAREHOLDERS

1) Application for Digital Signature Certificate (DSC)

2) Affidavit by Subscribers & Director: (INC-9)

 

4. Documents from Company / LLP / Trademark Owner, if any

1) Board Resolution / Formal authorisation for use of Name / Trademark

2) The authorization for execution Documents from Company / LLP

 

* To be signed by the concerned on their Letterhead

  1. Registered Office – Address

1) No-Objection letter from the Owner of Address to use the address ad Registered office of the Company.

2) Address Proof – In the name of the Owner of Address

  1. Electricity Bill, Telephone Bill (Fixed Line Only), Gas Bill or Water Bill (Not older than 2 months); OR
  2. Tax Paid Receipt or Copy of Registered Sale Deed

*To be signed by the of the Owner of Premises

 

  • If the Address facility is availed from a Shared Office Service provider, a copy of Electricity Bill / Tax Receipt with a copy of Lease Agreement with specific powers to sublease or issue NOC letters for use of premise as Registered Office address under Companies Act is also required.

* To be signed by the Owner of the Premises/ Signed by the Shared Office Service provider.

Features of SPICe (inc-32) form:

  • Maximum details of subscribers are SEVEN (7). In case of more subscribers,the normal incorporation procedure in INC-7 shall be followed.
  • Maximum details of directors are TWENTY (20).
  • Maximum THREE (3) directors are allowed for filing application of allotment of DIN while incorporating a Company.
  • The person can also apply for the name in this form.
  • By affixation of DSC of the subscriber on the INC-33 (e-moa), date of signing will appear automatically by the form.
  • Applying for PAN / TAN will be compulsory for all fresh incorporation applications filed in the new version of the SPICe form.

Filling the form:

 

 

1

2

 

3

4

5

Note:

  • Director has to give declaration at the end of the form that he has checked the name on MCA website and Trade Mark Website.
  • DSC of Director will be affixed on the form. {In case, director don’t have DIN then mention PAN No. of director at the place of affixing of DSC)
  • DSC of professional will also be affixed on the form.
  • Only one name can be applied for approval in this e-form. Therefore, one is advised to duly check the proposed name and follow name availability guidelines, existing trademarks to avoid rejection.
  • MCA21 system will auto-generate the pre-filled application forms 49A (PAN) and 49B (TAN) after submission of SPICe, which the stakeholders will be required to download, affix digital signature and then upload both signed forms on an MCA21 system as linked forms.
  • The new version of SPICe incorporation applications will be processed only after Forms 49A & 49B are duly signed, uploaded and payment is confirmed by MCA
  • PAN (as allotted by Income Tax Deptt) will be printed in the Certification of Incorporation, and TAN will be separately communicated to the stakeholders by email
  • The new version of SPICe form for all fresh incorporation applications w.e.f 01 Feb 2017

A FAR REACHING FINANCIAL INCLUSION PROGRAM (JAN DHAN YOJANA )

How can a country develop if a larger chunk of its population is left behind? If a greater portion of its masses still remains unbanked? In order to justify the title ‘developing country’ financial inclusion is a must for India.

Through the years, the government of India and Reserve bank of India have taken various measures to achieve the goal of financial inclusion. The PRADHAN MANTRI JAN DHAN YOJANA is perhaps the largest financial inclusion drive in the world, and having its achievements recognized by the Guinness worlds records is undoubtedly a crowning achievement.

The benefits under the Pradhan Mantri Jan Dhan Yojana scheme are:

  • Interest on deposit.
  • Accidental insurance cover of Rs.1 lakh
  • No minimum balance required.
  • The scheme provides life cover of Rs.30,000/- payable on the death of the beneficiary, subject to fulfillment of the eligibility condition.
  • Easy Transfer of money across India
  • Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.
  • After a satisfactory operation of the account for 6 months, an overdraft facility will be permitted
  • Access to Pension, insurance products.
  • The Claim under Personal Accidental Insurance under Pradhan Mantri Jan Dhan Yojana shall be payable if the RuPay Cardholder has performed minimum one successful financial or non-financial customer induced transaction at any Bank Branch, Bank Mitra, ATM, POS, E-COM etc. Channel both Intra and Inter-bank i.e. on-us (Bank Customer/RuPay card holder transacting at same Bank channels) and off-us (Bank Customer/RuPay card holder transacting at other Bank Channels) within 90 days prior to the date of the accident including accident date will be included as eligible transactions under the RuPay Insurance Program 2016-2017.
  • Overdraft facility up to Rs.5000/- is available in only one account per household, preferably lady of the household.

 

Expediently moving towards its target to provide universal access to banking facilities, the scheme has offered immense benefits and has a plentiful share in the success stories of financial literacy and financial inclusion.

  • However, In comparison to the rural and urban branches, it depicts that the rural branches have more bank mitras as compared to urban branches. It reflects that the rural branches require this facility to connect with the customers. The urban branches have a comparatively less requirement of bank mitras. This concludes that the urban branches perform well compared to rural branches in the case of requirement of bank mitras.
  • Also, When compared to rural and urban branches, the awareness level of customers with regards to the facilities under the PMJDY scheme is more in the urban branches than the rural branches. This concludes that the rural branches should improve on customer awareness.
  • Besides, In comparison to rural and urban branches, rural branches allow a fewer number of accounts per household when compared to urban branches. This talk about the requirements and facilities provided in maintaining the accounts. Thus when compared, it is seen that the urban branches have a better maintenance of PMJDY accounts.
  • Most of the customers in the rural branches face a problem with language and face a problem of illiteracy.
  • Rural branches have a better reach to the PMJDY customers as compared to the urban branches. In addition to it, the rural branches witness more transactions pertaining to RuPay card when compared to that of the urban branches.

 

A way ahead:

  • With regards to the deduction of premium based on the responses, it is seen that few of the rural and urban branches deduct premium for the insurance facility whereas the other branches do not. Therefore, a uniform system of deduction of premium should be maintained so as to bring about equality.
  • Duplication of accounts should be allowed in all the branches provided that it is opened in different branches. This promotes the sense of saving and also attracts the customers because of the various benefits available to them.
  • The customers should also be educated with the use of E-mail and mobile applications to facilitate their work and transactions. This reduces the cost of visiting the branches and helps in providing easier and faster services to customers.
  • The satisfaction level of the PMJDY customers must be monitored from time to time so as to provide the best possible services.

 

PMJDY, a long felt-need National Mission on Financial Inclusion committed itself for an integrated approach to bring about comprehensive financial inclusion of all the households in the country enabling especially low income group people to get rid of moneylenders, cultivate the habit of saving, and most importantly, benefit from string of financial products and services offered by banking system Pradhan Mantri Jan Dhan Yojana has seen positive results and is still continuing on an upward trend. The progress of all proposed strategies needs to be checked on regular basis and effectively implemented within specified time bound framework. Only by enlightening the people about the formal finance source, the country can achieve true inclusion, otherwise PMJDY will always remain something so close, yet so far.

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