Insights & guides
Insights, tutorials, and product updates from SWIL — covering business management, GST compliance, retail, pharmacy, and ERP best practices.
Compliance
Have you ever wondered what your business's cash flow statement is? Or maybe you're looking to improve your business's cash flow situation? In this blog post, we'll explain the importance of a cash flow statement and provide tips on ensuring your business has positive cash flow. We'll also discuss …
SWIL Team
1 min read
Inventory Management
For retailer stores with a strong brick – and – mortar presence, the biggest challenge is to rethink the inventory model from a warehouse – to - store model to an Omni - channel model. This requires a radical change in the mindset of the entire enterprise. It consists of product mix, procurement st…
SWIL Team
1 min read
Inventory Management
Inventory management is one of the most critical aspects of business, and businesses must keep an accurate inventory of their materials to provide uninterrupted customer service. In this blog post, we'll be discussing the different types of inventory management models and how they can be used to he…
SWIL Team
1 min read
Pharmacy
There's no doubt that community pharmacy is on the rise thanks to its numerous benefits for both pharmacists and patients. If you're wondering what this concept is all about or why it's gaining so much traction, read on to learn more! In this article, we'll discuss community pharmacy management and…
SWIL Team
1 min read
Point of Sale
Small businesses are quickly becoming the backbone of the economy, and point of sale (POS) systems are vital to running a successful business. Whether you're looking to increase sales, reduce inventory costs, or improve employee productivity, a POS system can help you achieve your goals. In this bl…
SWIL Team
1 min read
Compliance
Is there anything more frustrating than having to pay taxes? Well, actually, yes! Taxes are one of the main ways governments raise money to fund the various services they provide to the citizens. But how does tax deduction at source work? And what are the different TDS rates applicable in India for…
SWIL Team
1 min read
Compliance
Returns management is one of the most critical aspects of e-commerce. And for a good reason—a poorly managed returns process can cost your business a lot of money. This blog post will cover the basics of return management: what it is and why it's so important. We'll also discuss how the return mana…
SWIL Team
1 min read
GST & Taxation
The problems suffered by the registered dealers during furnishing the refund applications have no limit to the limited time, interest on the late refund, and others. Which reveal their place in tribunals and courts? People are often confused about filing a refund application and some of the common …
SWIL Team
1 min read
Retail
What used to be easy - shopping in one store and taking what you needed with you when you left - is no longer the norm for luxury shoppers. These days, luxury shoppers are savvy and know how to shop for everything they need - including clothes, accessories, and home goods - from different stores. A…
SWIL Team
1 min read
Retail
As business owners, you know that sales matter—and retail chain software is a technology that can help you drive more sales with applications that include point of sale features, stock management, retail customer relationship management, and other technologies. Hardware for payment terminals and mo…
SWIL Team
1 min read
Accounting
Handling billing and invoice is the most critical and complex part of any business management and plays a vital role in the success of an organisation. Having a system that streamlines the billing and invoice processes will ensure the payments are received on time. Also, it would make correct invoi…
SWIL Team
1 min read
Inventory Management
In designing and maintaining a store with complex inventory, every business owner must consider some reasons for building the best retail, wholesale, and distribution shop. You need to include best practices that meet your requirements and considerations for improving your business workflow. As a s…
SWIL Team
1 min read
Inventory Management
When it comes to inventory management, small businesses face several challenges that bigger businesses don't. For example, small businesses generally have a smaller variety of products and they need to keep track of these products more closely because they are often selling them at a lower price th…
SWIL Team
1 min read
Accounting
Do you want to be able to do all your financial transactions online without having to go to a bank? If the answer is yes, you must sign up for HDFC net banking. This bank offers its customers convenient and easy-to-use net banking services that can be used to access various account details online. …
SWIL Team
1 min read
GST & Taxation
Small and medium-sized businesses are primary growth drivers of the Indian economy. Thus, business owners are always anxious about the complex tax filing system. One of the significant tax innovations that contributed to the abolition of various tax systems was the Goods and Services Tax (GST) impl…
SWIL Team
1 min read
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