Category: Blog

An organization which is more than a proprietor owned and run business will have people or teams involved in running the Organization.

Let’s take two examples:
A small manufacturer: which will have people managing raw material procurement, raw material stocking, Raw material issue, Production planning, Production management, Finished goods warehouse, logistics, and sales. It could be one person looking after different activities also.

A Distributor: Which will receive material from the parent or Brand, manage the stock and handover the stock to the delivery. Ofcourse this is only at a high level and there could be many more such as Admin, Fin, HR etc. We are just considering a simple example to illustrate the importance of handshakes.

Whenever material changes hands from one department or team to another, there is a handshake. A simple act of receiving goods can happen over a series of steps, such as Entering a Material requisition slip, getting it signed by the supervisor and then giving it to the storeroom for an issue. Which all takes time and effort and reduces critical amounts of time from the productive day. The other way is the automate the whole process. Everything happening on Mobile apps, which are talking to each other and not only the data is getting captured instantaneously but can facilitate smooth workflow as well.

The more smoother handshakes your company has, the better. It means enhanced productivity of employees, fewer employee issues, better data capturing and intelligence which overall leads to lower costs and higher returns.

CashOS is precisely designed to enable companies to achieve this. Would you like to learn how CashOS can enable your organization to enhance the ‘handshakes’.

Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018

This article is a different take on managing a business. What I say is any company which manages its money better is a winner.

You may wonder what happened to all the soft stuff about employees, systems etc. Wait wait. We will come to that.

Have you ever realised that everything comes at a cost. The infrastructure, the talent, the systems, the assets, everything. Which means everything has a money value isn’t it.

Ofcourse how a company handles its assets is a different ball game all together. It cannot handle it employees the same way it handles its systems.

But yes, as we said earlier, everything boils down to money one way to the other. Now the question is how to get the best for the money invested? Especially when it comes to people. There are so many systems available which kind of put processes to enable people to follow some guidelines. However, most of these systems only make the things more complex and expensive.

Stephen Covey in his book Speed of Trust illustrates how Trust can not only speed up how things are done but also the cost of doing things. Now this is exactly what any organization would want to achieve.

How can an organization achieve this? Through CashOS.

Would you like to learn how you can bring down the Cost of doing Business?

Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018

Any reasonably sized company or startup will have some kind of Technology to automate and manage the systems and processes. Typically most of the companies start off with some ready to use solutions and later on end up having an internal IT department of their own. It could be only a few people to begin with. Slowly and steadily things like security, responsiveness, bandwidth etc keep getting adding up, increasing the staff as well as budget.

As per research*

• Average small company (less than $50 million in revenue) spends 6.9% of their revenue on IT
• Mid-sized (between $50 million – $2 billion) spend 4.1%
• Larger companies (over $2 billion) spend a relatively tiny 3.2%

Unfortunately in most of the organizations, Technology is not seen as adding to the Top line of the Bottomline. Moreover, when in tight economic situations, it becomes really hard for the staff in the IT department to show value.

CashOS has found out an innovative way of running the IT infrastructure. With the BRING YOUR OWN DEVICE model!!!

Nowadays seveal companies are following this model wherein employees bring their own devices to the work. (Of course the security aspect is taken care of). How can we achieve this model in an Industry such as Distribution or Retail? CashOS has shown it can be implemented in any industry even where majority of the people are in Blue collar. This is done through the workflow data capture, where every employee uses their own smart phones with the relevant applications installed, capture the data of the work they are doing.

Imagine, an employee walks in and punches his attendance through his mobile phone, starts entering the data as he does his work, then sends a message to his supervisor in case he has any questions. At the end of the day he scans his bills and submits his expenses and logs out before leaving home.

All on a smartphone.

CashOS has made this possible. Would you like to know more?

Reach out to us at info@CashOS.com

References:
1) * https://blog.techvera.com/company-it-spend

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018

Cash and Profits are both critical for the success of a business.

Cash flow is inflow and outflow of money in and out of a business. It is essential to ensure the daily payments, purchases, salaries etc.

Positive cash flow indicates the company is able to liquidate its assets and pay off the regular operational expenses. The company has cash at its disposal. Negative Cash flow indicates a shortfall in meeting the obligations. Which means a company may have to borrow to meet its operational expenses.

Companies can ease their cash flow situation by injecting cash, say by the promoter or borrowings etc. However, there is a cost for all such external cash infusions. Either in terms of Equity or Debt.

Profits are the surplus left over after all the expenses are deducted from the revenues. It indicates if a company is doing the right things to ensure if it can generate profits. Every company exists to make profits. Without profits, there is no point in running any business.

However, a profitable company could have cash flow challenges with money stuck in inventories or receivables.

Bottom line is that both Cash and Profits are important for any business. And both of them go together. A healthy business is one which has good profits with healthy positive cash flows.

Would you like to learn how you can have a healthy business using CashOS?

Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018

There is a saying attributed to Aristotle which goes as following “ the whole is greater than the sum of its parts”.
Essentially what this implies is what we call the synergy effect. i.e. 1+1>2. Does this usually happen this way?
Let’s take the example of an organization.

Let’s say there are various departments such as Planning, Procurement, Production, Warehouse, Logistics, Sales.
Which are 6 departments? We are not considering the support functions such as HR, Fin, Admin etc as this is only for illustration purpose.
Now suppose each department works at 90% productivity.

Which means let’s say the Planning Department is working at 90% productivity.
Same with each of the other departments. Procurement gives out only 90% to Production which further gives out 90% to warehouse etc etc.

Now effectively the overall productivity of the entire company looks like this: 90%*90%*90%*90%*90%*90% = 53.14%.
Which basically means that even if each of the departments are working at 90% productivity,
the end result could be drastically far away from the company’s goal.

Usually, this happens due to the silo focus of the executives and not enough time and focus from the top management.
CashOS is a technology which is simple, yet powerful in helping the top executives to get an overall perspective of the company
and take decisions accordingly.

Would you like to know how CashOS can help you?
Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018

Almost every company faces one question – how to increase sales and gain market share. With competition putting severe pressure on margins, one of the ways companies can prosper or at least survive is by having a bigger top line. This way, companies can look at consolidation with a merger or acquisition or can expect to competition to die a slow death. However, this is usually becoming a game of attrition. More on the terms of who blinks first.

Now imagine with a new Mobile based light footprint technology, you can start generating more sales. Usually, sales boil down to a few basic things such as Customer engagement, fulfillment rate, pricing etc. Imagine your company can achieve an edge over your competition in some of these key areas?

While your competition is still wondering what to do, you would have a strong foothold in the market, with an increasing share.

If at all the competition wants to fight back, the only way they can do it by eating up their own profitability. Which they would anyway not be able to do for long.

Would you like to know how to improve your Sales and market share through CashOS?

Reach us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 16th October 2018