Accounting and Payroll Software – Ten Reasons Current Software Technology is Crucial to a Business

As a business owner, it’s easy to make accounting and payroll software a low priority. After all, you are busy making sure sales are up, costs are down, profits are high, and everyone is staying productive. Unfortunately, it’s so easy to fall behind if you don’t stay abreast of technology, and when that happens you can quickly lose the benefits that the software was supposed to provide in the first place. Here are ten reasons why keeping your accounting and payroll software technology current is crucial to the successful operation of your business.

1. Hardware Compatibility: The old dot matrix printer still works fine, humming away in the corner, printing your invoices dot by dot. Hey, you can’t hear each other speak over the noise, but you’ve become accustomed to it. So, why move? This is an all-too-common scenario, whether it’s a printer, computer, or a long list of other hardware devices. For a business, hardware is an important component which allows you to print invoices, save valuable files, communicate with customers, and much more. The older your software system gets, the less likely you will be able to keep on performing those functions in a timely manner, and eventually you won’t be able to at all. The software you are using plays a huge role in the hardware you are able to operate. Compatibility with new hardware is why it’s important to keep your software up to date.

2. Safety and Security: The good news is that we are now able to communicate much more quickly within a business, and also with outside contacts such as vendors and customers. E-mail, instant messaging, and a host of other modern technologies make communication much faster! But the downside is that there are also many more security threats. Keeping your software technology current helps keep your data safe from hackers!

3. Time Savings: If you’ve been doing things the same way for many years, it’s easy to believe that your way is the fastest way available. After all, learning a new system does take time. But in the long run, things like running reports, processing invoices and keeping track of data are generally done more quickly with newer technology.

4. Company Image: How do your customers feel when they receive and view your invoice? Is it printed on nice paper with your logo and a custom message? Or is it printed on thin paper with tear marks on the sides, barely legible because of printing issues? Do not discount the fact that what your customers receive from you impacts their image of you. Having newer technology allows you to print documents and perform other functions that look much more professional than they did years ago.

5. Customer Satisfaction: What happens when your customer asks to view all of their sales from you for the past three years? Are you able to help them, or is your historical data limited? This is one example where your technology affects your customer satisfaction. By moving to newer technology, you can improve your customer service and meet the needs of your customer more quickly and easily.

6. The Green Factor: Older programs often require the printing of documents such as reports, financial statements, invoices, orders and other documents. Newer technology offers the ability to keep track of and send such communications electronically, saving many trees per year!

7. Crucial Updates: If the software technology you are using is extremely old, chances are your program is no longer being updated or enhanced by the company who developed it. You may think your program doesn’t require any more updates because it’s been around for so many years. The truth is that updates and enhancements help keep your software compatible with everything else on your computer. By not receiving updates, you will experience more and more problems as other technology moves forward. Moving to newer technology can assure you get the updates to keep your company safe and secure.

8. Support and Help: Many older programs are no longer supported, meaning there is no help available in case of questions or problems you may have with the software. While you may know the software well, there are always questions that arise with the advancement of other technology you are using. Maybe you installed a new printer or need help getting a time clock working with your software. Or perhaps a new employee started who is unfamiliar with the program and has questions. In cases like these, having support available is crucial to the function of your business.

9. Compliance: These days even the government is starting to require companies to have a certain level of technology. Certain government forms must now be submitted online, and no doubt that trend will continue. Older programs often cannot handle the newer tools necessary to stay compliant, and moving to new technology will be needed to meet those requirements.

10. The Band-Aid Factor: If you have ever had an extremely old car, you are all too familiar with the process of fixing one thing after another until you are worn down, and your pocketbook is empty. Trying to get anything old to keep working can become tiresome and can also become extremely expensive. Because you are keeping so busy trying to make the system work, you may not even be aware of how much time and money you are spending to hold everything together. Moving to newer software technology can seem challenging at first, but it is typically the best option for your business in the long-term.

Understanding Of Barcode Software Technology

Standing at a grocery counter, all your groceries must definitely have gone through a barcode scanner. The counter person reads the barcode on each product with a barcode scanner after which the resulting data is sent to the computer. The computer, in turn, refers to the database for the price and description of each product.

The principle at work in barcode technology is called Symbology. It encodes alphanumeric characters and symbols, presented in black and white stripes or bars. This technology is one among the AIDC (Automatic Identification and Data Collection) technologies that work to minimize human involvement in areas such as data entry and collection, and thereby also minimize chances of errors and use of time.

The encoding aspect of this technology determines Symbology at its most basic level. It allows the scanner to know when a character starts and ends.

Structure of Barcode: Typically, a barcode comprises:

• Quiet Zone: Also known as the Clear Area, this zone comes before the Start Character of a barcode symbol. It is the least space needed for barcode scanning. It should be free of all printing and have the same color and reflect the same colors as the background of the barcode symbol. It should also be 10 times in width of the narrowest element in the specific barcode, amounting to 0.25 inch.
• Start Code: This indicates the beginning of the barcode to the scanner. It comprises special barcode characters. These characters are stripped-off and not sent to the host.
• Data: This refers to the actual data stored by the barcode.
• Check Digit: This is a mathematical sum that verifies the accuracy of all other elements of the barcode. It is identified as the extra digit at the end of the barcode which confirms that the scanner read the barcode accurately. It is stripped off from the data and not sent to the host.
• Stop Code: This indicates to the scanner where the barcode ends. They are not sent to the host but are stripped off.
• Trailing Quiet Zone: After the Stop Character, this is another clear space without any printing.

How it works: The scanning head emits LED light onto the barcode. Light is then reflected back away from the barcode into a photoelectric cell or a light-detecting electronic component. White parts of the barcode reflect the maximum light whereas black areas reflect the least.

As the scanner moves over the barcode, the photoelectric cell emits a pattern of on-off pulses corresponding to the code’s black and white stripes. The electronic circuit that forms part of the scanner converts these pulses into zeros and ones. These digits are then sent to the computer attached to the scanner which detects the code.

Applications of barcode technology: At stores, barcode technology can provide a variety of benefits, such as:

• Items that fly off the shelves are quickly identified and reordered.
• Items that are slow to sell can be identified so that they are not reordered.

• Fast-moving items can be given more space on the shelves, depending on their performance.
• Seasonal fluctuations can be predicted using historical data.
• Items can be repriced to show the earlier and new prices.
• Profiling of individual shoppers is also possible through discount cards registration.
• Barcodes are also useful in logistics and supply chain management. When a parcel is to be shipped, it is given a Unique Identifying Number (UID). The database links the UID to specific information about the parcel, such as its order number, date of packing, destination, quantity packed, etc. This information can be sent through the Electronic Data Interchange (EDI) to the retailer so that he has this information before the parcel arrives.
• Shipments sent to a Distribution Center (DC) are tracked before they can be forwarded. At its final destination, the UID is scanned so that specific store knows the contents of the parcel, its cost, etc.

How to Use Reliable Software Technology For Creating Labels

Whether you need a label for a tagging a newsletter, CD, DVD or library books, there are many tools which have been introduced in the market for the purpose of making attractive as well as impressive labels. It is best to make use of computer programs to prepare professional looking tags.

How to choose a reliable and state-of-the-art label making software?
If you will look for label software in the market, you may find umpteen ways to create attention-grabbing tags. It is fun and an easy task when you choose a modified and latest technology based computer program. Advanced computer programs always enable you to create a text, customize the graphics, colors and much more by yourself. Create memorable designs with the help of an online tool.

Advanced computer program is the one which provides you with different features and make the formatting of a tag professional. These computer programs provide a user with informative and eye pleasing designs or background images. You can upload and use your own pictures with the help of this system. It makes a user to incorporate different designs, patterns, backgrounds or graphics into a label. You also need a good quality printer to take the print out of a tag.

Ensure that a computer program has latest technology based tools such as label making such as track list manager, design templates and the ability to import images along with image editing tools. It should offer complete guidance or assistance of designing a tag in an impressive manner. You should be able to create tags for a number of materials or things such as gifts, CD, DVD, jewel cases, eatable products, kid’s assignments and much more. You can even paste the tags on the bottle neck of the jars, name tags, mails and much more. With the latest technology based tools, a person can create letterheads, business cards, stickers, magnets, brochures and much more.