Insights & guides
Insights, tutorials, and product updates from SWIL — covering business management, GST compliance, retail, pharmacy, and ERP best practices.
General
The introduction of GST in the Indian economy has created an immense difference in the way people pay their taxes. The GST system has changed the way businesspersons maintain their sales and purchases. No doubt, the GST taxation system is not easy to understand, but it filled the Indian economy wit…
SWIL Team
1 min read
General
In 2017, at midnight on 1 July, an indirect tax Goods and Services Tax (GST) was enacted in the Indian economy. It replaced many of the existing taxes levied by the central and state governments, such as excise, state sales tax / VAT, CST, entry tax. The main idea behind the introduction of GST is …
SWIL Team
1 min read
Pharmacy
There is no doubt that the pharma industry is a core part of healthcare. The industry is now growing and going through a digital transformation by breakthrough innovations. Technologies such as AI, IoT, machine learning, predictive analytics, big data, and more are becoming an essential part of tra…
SWIL Team
1 min read
Point of Sale
As we are moving towards a cashless economy, the retail business environment has changed drastically. Now, it becomes a necessity for all organizations to digitize their business in all ways possible. Cashless transactions, inventory record tracking, and improved sales strategy have become the driv…
SWIL Team
1 min read
Retail
Technology is now no longer beyond the reach of the small or medium retail industry. Small and medium enterprises are more focusing on the extraordinary business environment. To stay in the market, they plan for situations like increasing globalization, heavy competition, empowered customers in mar…
SWIL Team
1 min read
Retail
What a retail store owner wants is speed, agility, and efficiency. When we talk about modern retailing, we see that it includes many operations that need to be well-run to achieve success and remain competitive. When one dreams of starting a retail store, one has to do a lot of preparatory work. Yo…
SWIL Team
1 min read
Inventory Management
Many tips and techniques have been applied by enterprises to make inventory management more manageable and efficient. But for the best businesses, the secret to their success is simple: inventory management system. With the onslaught of trends present in inventory management platforms, it’s no surp…
SWIL Team
1 min read
Retail
Technology is advancing the retail industry rapidly. Retailers who are not investing in technology are slowly losing their business ground. This is the current scenario of the retail, wholesale, and distribution business. It is pushing you to incorporate technology into your physical store. Now ret…
SWIL Team
1 min read
Retail
Day by day, our lives are becoming busier than ever. To reduce their daily workload, people are now more dependent on technology and are meeting their basic needs. In recent years, a grocery delivery service has been in trend. People use this facility to avoid long queues of grocery stores. This sa…
SWIL Team
1 min read
Accounting
Accounting software is crucial for retail businesses as it involves calculating and tracking inventory, on top of managing other cash flows and the company's financial health. What sets accounting in retail apart from other industries is the involvement of inventory that requires tracking items and…
SWIL Team
1 min read
Compliance
The coronavirus epidemic has considerably affected the world. People all over the world have been instructed by their governments to actively follow lockdown rules like social distancing, wearing masks, cleaning hands, etc. It changed people's daily lives. Businesses halted without warning and choi…
SWIL Team
1 min read
Retail
In this digital era, technology touches every aspect of our life. Whether we are going to travel, communicate, book tickets, or shop online, technology automates everything and gives us a unique way to use it. Online ordering of foods and goods is the latest trend that is hugely affected by technol…
SWIL Team
1 min read
Pharmacy
The emergence of technological advances in the healthcare industry strengthens the services involved in the industry. People running a pharmaceutical business or using the services of the pharmaceutical industry are looking for an affordable healthcare delivery system. The inability to identify pro…
SWIL Team
1 min read
Retail
A change in customer expectations forces retailers to digitally transform their businesses. Technology is playing an increasingly important role in the increasing globalization of retailing. The technology brings the retail business up to date and helps identify market data and information to achie…
SWIL Team
1 min read
General
The achievements of an organization are the result of the combined efforts of each individual. - Vincent Lombardi (A famous football coach) It is a well-known fact that organizational success is attained only by the combined efforts of leaders, managers, and employees. This is also true for us. We …
SWIL Team
1 min read
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