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SOFTWARES
GroupCom Business
solution
GroupCom Business solution is a fully integrated business solution
contains applications that integrate and streamline business operations
for various business houses. Attendance management using bio matrix
technology, payroll processing system, Visitors management system
with video streaming option, Purchase, Sales, Point of Sales (POS),
Inventory, Accounting, MIS and budgeting modules within the software
package providing the business a complete solution with just one
application. GroupCom Business solution is suitable for small and
large businesses alike.
The Purchase module involves decisions and processes
required for procurement of products and services to operate a business.
The Purchase Cycle begins with the initiation of a purchase requisition
by the department that requires the products or services. The Purchase
Cycle ends with the receipt of items and payment for the same through
the purchase receipt.
The Sales Function involves decisions and processes
that are required to sell products and services. The Sales Cycle
begins with identifying prospective customers and opportunities.
The Sales Cycle ends when the opportunity is converted to an order
and the products or services have been delivered.
The Point of Sale (POS) system is synonymous with
across the counter sales, where the items are handed over to the
customer on payment. A customer account need not be created for
every POS customer, as the customer's identification is relevant
only if the items are to be shipped later or where the items are
sold on credit.
The accounting function is simplified by integrating
it with transaction processing. Accounting entries are created when,
A
final document is created in the sales, purchase, customer return
or vendor return processes. Payments are received from customers
and made to vendors. Adjustments are made to inventory
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