What is Accounting Software?

Accounting software is a type of application used by accounting professionals and brokers to manage accounts and perform accounting operations. The function of accounting software should be different depending on the requirements of the firm using it. Large firms require software that can handle large amounts of data from many different departments, while SMBs might prioritize affordability.

                                 

Accounting software helps businesses understand more about their operations provides feature like the ability to track transactions, as well as reporting and analysis functions. Before accounting software, accounting tasks were done manually, took more time, resulted in more errors and was costly for companies. Now, accounting software automates several tasks, saving firms time and money.

Features of Accounting Software:

• Reporting and Analysis
• Automation of tasks
• Customization
• A centralized dashboard
• Security
• A seamless interface

Benefits of Accounting Software:

• Time- Saving: Accounting software automates tedious processes that once took individual human accountants, with their inefficient human brains, too long to complete. Stupid humans!
• Greater Accuracy: Humans also make mistakes. It’s one of the greatest flaws. When the human element is removed from the process and computers are responsible for every calculation, basic errors inevitable disappear.
• Reports and Analysis: Data analysis and regular reporting is a major factor of any business. Accounting software can produce several different types of report at the same time, all of which can be sent out to relevant internal and external parties directly from the platform. 

In the market, there are plenty of off-the-shelf accounting applications available, including FreshBooks, Xero, Declaree and QuickBooks. But the most effective platforms are always custom designed by professional IT firms that have experience with Accounting software development.

5 Reasons You Are Likely to Use Location Based Services

Location-based services (LBS) are services which are offered through a mobile device. LBS can be query based, and typically provide information or entertainment. Because LBS are dependent on user’s current location, the primary objective of a location service provider’s system is to find the user’s current location and provide sufficient information that the user wanted. 

Some services allow consumers to check in to entertainment places, including restaurants, coffee shops, stores and other place or events. Some businesses offer some prize, reward points and discount coupons for those people who checked in to their place. 

                            

We all know that today’s mobile devices are major part of our lives, and we use our devices to find various places as per our requirements. LBS use a smartphone's GPS technology to track a person's location, if that person has opted-in to allow the service to do that. After a smartphone user opts-in, the service can identify the user location down to a street address without the need for manual data entry.

Reasons You Are Likely to Use Location Based Services:

• Coupons and discounts: Every human being loves discounts and coupons. By using LBS, brands can easily identify a user’s exact location and publish a discount coupon to the customers, which help brands to increase their sales and maximize business profits.
• Find what’s around: Nowadays, nobody finds a place randomly. Everyone goes to recommendations and find a suitable place as per their requirements. Whether the people are tourists or local, all of them use LBS to find nearby interests, such as restaurants, bars, events, shops and so on.
• Find the correct path:  In the past, location tracking technologies were not available, and some manual maps are not easily understandable; that’s why people faced a lot of problems. Nowadays, by using LBS, you can easily find the correct location or path of your journey. Today, everybody uses this service to find out the best path of their journey; even older people use this and enjoy their journey in an appropriate manner.
• Remembering: Some people use LBS to get somewhere; others uses it to remember where they previously were. Whether that place is a taxi stand, a restaurant or some other place, this would be a perfect way to remember journey places.
• Analyze competition: It is important for every business to understand their customers need and behavior, according to their product and services, but also understand the users’ level of interaction with the competition. By using LBS, companies can continuously focus their customer action, and accordingly, provide various offers to them. 

Use of LBS is increasing day by day, because it is a perfect fit to everyone, and also it is a part of everyone’s life, especially in large cities. In the market, there are lots of LBS providers who offer location based solutions, but you need to choose those who have experience in it. An experience LBS provider like Chetu offers you multiple custom location based services, including GPS location based solutions, location based app development, and many more solutions.

Top Reasons Retailers are Switching to Revit for BIM

It’s important for retailers to create the best and easiest possible shopping experience for consumers.  Many critical components needing to be considered, including marketing, merchandising, interior design and advertising. The retail store design, in particular, is created to build a great and positive shopping experience between both retailers and consumers. In the market, different types of merchandise are available, and that’s why some stores are designed to keep their stock in mind. 

Building Information Modeling (BIM) technology is used for retail design; the designers make the 3D models that are essential for improving the accuracy of final designed products.

                              

The Role of Revit in Retail: 

Revit is a very important and useful tool for retail design. Autodesk’s Revit architecture is a program which is designed for BIM, and can be a very effective and crucial component of any retail design. BIM elements in Revit allow designers to develop accurate design data that’s created during the planning and construction phases, while Revit enables design concepts to be maintained in a coordinated fashion through documentation and construction. Revit allows retailers to achieve an accurate estimate of their project, as per requirement, while it is still in the planning stages. Revit also helps retailers and designers work in a collaborative fashion to achieve maximum possible benefits.

Some of the reasons to switch to Revit:

• Revit is a 3D design tool; that means no more drawing and design software is needed. Revit is a more intelligent tool, which has the ability for retailers and designers to collectively create BIM designs and create intelligent models.
• By using Revit, any Revit retail design can be modified throughout the design and development process. Because of this benefit, you can easily change your design at any stage in the planning or construction process, if it’s required.
• It is easier for project managers to monitor project progress reports when they use Revit as a BIM model. Project managers can also use the timeline capability feature to ensure a smooth management at all times.
• Revit architecture makes it simple to utilize similar things in various stores. For example, lighting, graphics and furnishings. This saves design time and money, when extensive refits and retail outlets contain a number of equivalent features.
• The Revit database refreshes automatically when changes are made to a specific area; it’s easy to share a Revit file throughout the design and construction process, which means updates and changes can be notified more quickly. 

All businesses acquire new technologies to grow their business. That’s why retailers across the globe are adopting Revit for retail BIM modelling, which helps them make changes in the store design, as per business need. If you are looking for affordable Custom Revit Services and Revit Software Solutions, consult out Revit software experts today, who will take your business to another success level.