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WEBINAR | OnFloors Business Growth on Cloud ERP

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OnFloors Business Growth on Cloud ERP



 

About The Webinar

Flooring manufacturers and distributors need real-time visibility into raw material, manufacturing lead time, market demand, supply chain, and financials. However, many still rely on legacy systems, spreadsheets, and manual processes to run their operations.

OnFloors, a Canadian online distributor and retailer, has a mission to cut the middleman and provide a wide range selection of high-quality flooring products with a “one-stop” shopping experience.

Join OnFloors and Haya Solutions for this exciting discussion regarding solutions, challenges, and the journey in leveraging NetSuite to transform the business.


You’ll Learn how NetSuite and Haya helped OnFloors with:

  1. An overall 150% Return on investment (ROI) with NetSuite
  2. Lower operational costs by 30% due to the elimination of deficiencies with manual processes
  3. Real-time visibility into their business results in improved decision making
  4. Leveraging Omnichannel Distribution to provide the best customer experience
  5. Scalability for long-term growth

Featured Speakers:

Mostafa Gamal
Professional Services Manager at Haya Solutions Inc.

Joyce Zhang
General Manager at OnFloors

Richard Zhang
IT & Operations Manager at OnFloors

OnFloors Business Growth on Cloud ERP Webinar

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OnFloors Business Growth on Cloud ERP | Webinar

About The Webinar

Flooring manufacturers and distributors need real-time visibility into raw material, manufacturing lead time, market demand, supply chain, and financials. However, many still rely on legacy systems, spreadsheets, and manual processes to run their operations.

OnFloors, a Canadian online distributor and retailer, has a mission to cut the middleman and provide a wide range selection of high-quality flooring products with a “one-stop” shopping experience.

Join OnFloors and Haya Solutions for this exciting discussion regarding solutions, challenges, and the journey in leveraging NetSuite to transform the business.

You’ll Learn how NetSuite and Haya helped OnFloors with:

An overall 150% Return on investment (ROI) with NetSuite

Lower operational costs by 30% due to the elimination of deficiencies with manual processes

Real-time visibility into their business results in improved decision making

Leveraging Omnichannel Distribution to provide the best customer experience

Scalability for long-term growth

Featured Speakers:

Mostafa Gamal
Professional Services Manager at Haya Solutions Inc.

Joyce Zhang
General Manager at OnFloors

Richard Zhang
IT & Operations Manager at OnFloors

SAVE MY SEAT

The guide to migrating from Xero to NetSuite

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Products like Xero provide easy-to-use and inexpensive accounting functionality for both start-ups and small businesses. However, as companies begin to grow and prepare for the future, the limits of entry-level software packages may start to cause frustration.

Whether the complexity of manging your operations has increased, or you are looking to expand as a business, migrating from Xero to NetSuite could make your day-to-day lives a whole lot easier (and more efficient too).

Here you will find the differences between Xero and NetSuite, the benefits of migrating, and how you can achieve a successful migration.

The differences in Xero vs NetSuite

When it comes to accounting, Xero and NetSuite are very similar and provide full accounting capabilities. Accounts receivable and payable, invoicing and billing, expense tracking, integrated banking, tax managements, reconciliation, payroll, budgeting, and forecasting are all included with both solutions.

Although both Xero and NetSuite are ranked highly as online accounting solutions, their capacity and objectives differ. Xero aims to solve daily accounting in a single and easy-to-use platform, while NetSuite is part of an integrated ERP/CRM suite consisting of a wider range of services, such as:

  • Ecommerce
  • Project management
  • Business intelligence
  • Order management
  • Demand planning
  • Work orders

Given NetSuite can offer a wider range of services,  expert knowledge is recommended to implement the solution.

With help from an implementation specialist, you can achieve an efficient and effective solution for your business.

But before we jump into how a successful integration can be achieved, let’s look at the benefits moving from a dedicated accounting system to a full ERP solution can have on your business.

1. Flexibility with integrations

As a highly configurable cloud ERP solution, NetSuite is capable of integrating with many platforms and can be customised to the unique and dynamic needs of your company.

2. Automation

A key aspect of NetSuite is its capabilities to handle automated techniques. With enhanced automation facilities, you can eliminate manual processing errors, increase business performance, and simplify operations.

3. Business Intelligence

Using business intelligence, NetSuite offers real-time reporting and analytical tools to help you forecast and make data-driven decisions for your business.

4. Complete finance and accounting

NetSuite provides efficiencies to manage the processes associated with finances and accounting for increased performance attributes. Real-time financial management is also included to help your business manage financial transactions and data on a real-time basis.

5. Efficient business management

As a top ERP solution provider, NetSuite, along with the many add-ons available, gives you high-end capabilities to generate growth in several business operations.

6. Process Optimization

NetSuite helps to optimize the business process with its unified methodological approach to delivering the process in a significant manner. NetSuite delivers features to enhance process efficiency by suggesting optimized solutions.

7. Efficient Business Management

Being the world’s best cloud ERP solution provider, NetSuite owns capabilities to evoke higher-end business performance and effectiveness in managing overall business operations in a manner which contributes to business success and profitability.

Implementing NetSuite

When you are ready to make your commitment to NetSuite, there are various ways of going about your implementation.

For smaller, less demanding implementations, SuiteSuccess can be purchased and utilized for an out-of-the-box solution. SuiteSuccess delivers:

  • Pre-configured functionality based on leading practices for your industry
  • Pre-built dashboards
  • Pre-built roles, with software set-up based on job functions
  • Pre-built reporting
  • And more

For more complex, tailored solutions, bringing a specialist partner onboard will give your business the help and experience needed for a successful implementation.

But regardless of your decision, your entire implementation strategy will consist of planning and preparation, data migration, testing, and training, ready for your go-live date.

NetSuite Helps Online Retailer Cut Costs While Growing at 25% Yearly

“NetSuite’s integration has helped us streamline and organize the company so we don’t have to worry about growing the business.”

A Brief Affair

  • A Brief Affair is now growing at 25% per year, while saving $70,000 yearly over the cost of a comparable server-based system.
  • Integrated order processing saves $60,000 yearly over the previous system by reducing the company’s manual workload by 1 full-time equivalent.
  • Real-time inventory visibility saves another full-time equivalent, or about $50,000 yearly, over the previous system.
  • The company has cut order-to-cash cycle times from three days to just one day because NetSuite’s strong credit card verification features helped A Brief Affair negotiate better terms with credit card processors.
  • Real-time access to customer information helps customer-support staff handle queries on the spot, a competitive advantage for a high-end, customer-centric business like A Brief Affair.
  • NetSuite’s ability to track orders by product and country is helping the company grow international business by targeting promotions according to regional tastes and trends.

Customer Success

  • A home-based startup wanted to take advantage of the growth potential for marketing European and designer fashions and lingerie online.
  • Limited accounting software and manual order processing were unable to handle the expected growth in products and customers.
  • The company decided to integrate business processes rather than buying separate applications for CRM, shopping-cart, and credit-card processing.

Challenges

  • A home-based startup wanted to take advantage of the growth potential for marketing European and designer fashions and lingerie online.
  • Limited accounting software and manual order processing were unable to handle the expected growth in products and customers.
  • The company decided to integrate business processes rather than buying separate applications for CRM, shopping-cart, and credit-card processing.

Solution

  • NetSuite partner Business Solution Partners managed NetSuite’s implementation, configuration and training, and works with the company to turn on new functionality as appropriate.
  • NetSuite management dashboards display real-time KPIs for tracking everything from sales and inventory levels to website performance and customer satisfaction.
  • NetSuite delivers an automatic alert if an online order is disrupted so management can send a follow-up email to the customer.
  • NetSuite employs credit-card verification and other security functions via integrated tools from partner CyberSource Corp.

Looking to migrate from Xero to NetSuite?

If you are looking to migrate over to NetSuite and require assistance to assure a smooth project, contact our expert team at Haya Solutions Inc today. With over 25 years’ experience, we will work closely alongside you to provide a platform that allows your business to grow.

Get Free Quote

The future is for M-Commerce

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The future is for M-Commerce

ecommerce

What’s M-Commerce?

In the Covid era, no one on earth still doesn’t know what e-commerce is. Purchasing online became a fact and a common practice worldwide. The term “m-commerce” came to the surface in early 2020 referring to purchase and pay online but by using a mobile device instead of a computer or a laptop. (Investopedia)

The e-commerce and m-commerce together are growing dramatically year over year, and they both made 4 trillion dollars in 2020, with a market share of 18% of the total retail industry sales. They are also expected to generate total revenue of 7 trillion dollars in 2025 contributing 25% of the total retail industry sales. (emMarketer)

M-commerce continues to grow

Statistics show that 68.1% of all website visits in 2020 came from mobile devices. In 2018, 79% of smartphone users have made a purchase online using their mobile devices. In addition, here are some wow statistics gathered by Christo Petrov in November 2021 and published on TechJury:

  • Mobile commerce sales will reach $3.56 trillion by the end of 2021.
  • More than 1B mobile phone users use their phones for banking worldwide.
  • Mobile accounts for over 67.2% of all e-commerce.
  • 67.03% of the global population owns a mobile phone in 2021.
  • 79% of smartphone users have made a purchase online using their mobile devices.
  • In 2020, US mobile retail revenues were $339.03 billion.
  • 72.9% of all e-commerce will be m-commerce by the end of 2021.

The conclusion

From the previous statistics and figures we came to the following conclusions:

  • The e-commerce and m-commerce are still growing and will continue to grow
  • The m-commerce is still growing and will continue to grow overriding the e-commerce

Therefore, the investment for the future should focus on selling products and services in a Mobile App rather than on Web Stores.

Market Impact

Many e-commerce leaders and companies start building mobile applications only without a web browser to help small businesses and start-ups start their m-commerce business without the web store. This approach helps these businesses to kickstart quicker and with minimum investment.

That’s in addition to the Mobile App other benefits such as:

  • Better overall experience for customers, Ecommerce already made shopping more convenient
  • Variety of payment options including mobile e-wallets such as (Google Pay, Apple Pay)
  • A true omnichannel experience, since you can check the mobile App products while you are in the physical store
  • Mobility, since customers can use it anywhere
  • Lower the cost of building a web-store
  • Quicker development

ecommerce demo

 

Start your m-commerce

Haya Solutions Inc. also took these statistics and future readings into their strategic planning consideration. They developed an m-commerce platform consisting of:

  • Customizable Mobile Application for any retail business and brand
  • Administration web portal to enable business Admins to manage the mobile platform
  • Mobile Payments Integration
  • Pre-approved in Apple Store and Google Play

Haya Solutions Inc. launched the platform to the market at a very cost-effective price in line with small businesses’ budgets, and also in a high quality that any Large Enterprise needs.

You can start your m-commerce business today and sell your products and services via an App approved in the App stores in 4 weeks’ time.

Read more…

 

References:

https://www.perficient.com/insights/research-hub/mobile-vs-desktop-usage https://www.investopedia.com/terms/m/mobile-commerce.asp
https://techjury.net/blog/mcommerce-statistics/#gref
https://www.emarketer.com/content/global-ecommerce-forecast-2021
https://www.outerboxdesign.com/web-design-articles/mobile-ecommerce-statistics https://techjury.net/blog/mcommerce-statistics/#gref

NetJeek Launched its platform in Libya

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Since the beginning of Haya Solution Inc., we have been dreaming of the day when we will transfer our expertise and knowledge, we gained from North America to serve our people in our Arab homeland.

So, we had the opportunity to work with Dokan Tadawul Solutions Ltd. on the NetJeek project. What increased our enthusiasm is that the project’s first goal is to remove the difficulties that Libyan citizens face in freely experiencing electronic shopping from global markets, due to the difficulty of electronic payment in local and foreign currencies and the difficulty of delivering goods to Libya first and to the consumer’s doorsteps secondly.

We have worked with sincerity, dedication, and perseverance for 3 years, using the latest electronic and global logistical technologies to put them in the hands of the Libyan consumer and user of Netjeek. We will continue to work to remain the latest and most secured platform in the region, simulating advanced global systems and platforms.

We would like to thank Dokan Tadawul for providing the opportunity for Haya Solutions Inc. to harness its expertise to be a part of this great event. We would also like to thank everyone who contributed to the success of this work from Haya, Hosni Bey Group, Dokan Tadawul Solution Ltd., Al Mawkaa for services and e-commerce, Tadawul Economic Solutions Company, and Al-Madar Al-Jadeed Company. Without all your efforts, we would not have reached where we are today.

Oracle NetSuite The #1 Cloud ERP

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Oracle NetSuite Alliance Partner

Why Should You Choose NetSuite For Your Company?

As a small or medium size business owner, the first challenge you will face is how to manage your financial matters, supply chain management, human capital management with E-Commerce & retailing management if it was your business sector. With time and reliable growth in your business, initial software programs cannot help you to revise and manage your data. Oracle NetSuite will -certainly- be your smart solution. NetSuite was the program of choice for over 40,000 firms, 10 times further than another substitute with time and data capacity. Do you imagine how this can have a great impact on functionality and performance of your workflow?

It shows widespread functionality with industry-specific support for an extensive range of industries and business sectors. It means that NetSuite works to adapt with the method your business works. Built from the ground up for the cloud. NetSuite can also decrease costs and reduce hassle for IT so you can have a budget for extra items and enjoy an easy workflow.

  1. Usually when you start your business, you would choose initial programs like QuickBooks as a starter system. It really works for start-ups and small businesses but as your business needs change by time and growth, defects will start to show up.
  2. Time consuming is clear for the workers to put up their data manually. 
  3. Poor reporting system. 
  4. The need for appropriate data management.
  5. It works only with one currency.
  6. It can only cover basic inventory management. 

For inventory management, Quickbooks offers only basic inventory functionalities. For example, there is no serialized inventory tracking. Which could create actual problems in your supply chain monitoring and management? In this case finding a more professional and customized program is a must.

How can NetSuite make a tangible difference?

Offers an Advanced Inventory Management. A comprehensive warehouse management system with a 360° view of all operations supported by NetSuite. With real-time analytics along with serialized inventory tracking and real-time reporting, NetSuite provides full visibility. NetSuite also offers a module for demand planning that enables users to predict inventory changes based on past patterns and projected revenue forecasts. NetSuite provides a robust warehouse management system with a 360° view of all activities. NetSuite offers complete visibility with real-time analytics along with serialized inventory tracking and real-time reporting. NetSuite also provides a demand planning module that allows users to predict changes in inventory based on past trends and future sales forecasts.

Extra benefits NetSuite can offer more than Quickbooks :

  1. Subscription Billing
  2. Financial Planning & Analysis
  3. Production Management
  4. Warehouse & Fulfillment
  5. Demand Planning
  6. WIP & Routing
  7. Work Orders & Assemblies
  8. Shop Floor Control & BOM Maintenance

Enjoy the ease of managing your inventory of all items you need in one application only, while in the past multiple apps were needed. Where we handled time zone differences and location matters which enables you to take the right decision for your supply chain management .The choice lies between your hands, now.

 

7 Reasons Why Successful Projects Would Invest in Mobile Apps

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Giving your brand a competitive edge could be the key to differentiate your business from other competitors and achieve success by analyzing the latest trends and consumer behaviours. Making a mobile app for your project could give you an actual edge. Achieving a good customer experience and enthusiastic buying journey should be your target in the current E-Commerce and online business era. A mobile-first approach is overbearing for fruitful businesses, yet many still are behind in adopting a mobile app strategy. Where mobile web can aid raise awareness and surge traffic, mobile apps, on the other side, allow you to raise the customer relationship and surge retention. Without a mobile presence, important marketing chances are lost. Our trade doesn’t requisite a mobile app to sell products to our loyal clients, and perhaps that’s been the situation in the past. But if you want to get ready for the future and start observing the huge welfares right out the gateway, you’ll need to create a mobile app.

There are actually 7 reasons to make a mobile application

1- Engage your Clients with your Brand

Offer them a simple way to communicate with your business, they can search or buy products in an easy step. By creating high customer engagement, you will get higher customer loyalty.

2- Create an Adapted Channels for your Clients

One real advantage of a mobile app is that it offers businesses the chance to personalize their communications channels. By leveraging user profile information, companies can engage their customers separately in real-time. This is enormously important when over 70% of consumers expect personalized experiences and journeys with the brands they interact with usually. An app provides all businesses with the marvellous opportunity to offer a highly personalized user experience and develop deeper relationships with customers. This leads to improved consequences: they can leverage App user profile data to provide highly segmented and personalized communications to each user based on their individual preferences.

3- Better Communication Way with your Consumers

Human customer service or sales team couldn’t be always the best way to connect with consumers. Through a good mobile presence, you’ll continue giving the consumer the same effect of face–an interface precisely to provide them with the best experience of reviewing and determining if they want to buy your product or service.

4- Elevate your profits

Adding paid features, pushing notifications that increase sales and association with third-party companies and their paid ads all together will ensure higher profits

5- Get a Better Consumers Insight

Applications could be a guideline to enable you to understand your consumers better through good analysis of their data. From these, you could enhance your marketing strategy and promotion plan.

6- Localization

It ensures easiness of usage for the most numbers of users globally; you will be able to customize content for each geographic location. This successful strategy guarantees a higher number of business followers

7- Increase your Customer’s Base

Mobile App is not only to keep your current consumers but it will help to increase to attract new consumers through enhancing their user’s experiences. Finding an outstanding software house that could build a customized app that matches your business needs is no simple task. haya solutions experienced team will always be up to your expectations

5 Reasons Show How Can Mobile applications increase business revenue?

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  1.  A good app can make your business stand out. Adding value to your business through apps will gain you more market recognition. More people will like to be interested in using your app and finding information about your business.
  2. The main benefit of a custom mobile app is that it serves to enhance the customer relationship in a great way. Each update on the products and services will reach the customer fast and directly. With the app, the business can receive feedback on the products and services from the customer through the app and take appropriate steps to improve customer satisfaction.
  3. Data is gold and mobile apps can help in business expansion by collecting data on new prospects. This can be done with the help of forms and surveys in the app itself. Use this data, personalize your product and services. Your customer won’t turn back from you!
  4. Through your app, your prospects don’t have to type in a keyword in the search engine and look through the search results. Your app will take them directly to your site or lead them to the physical location of your business.
  5. Your mobile app development service can help with marketing. How? Well, you can push notifications about the latest events and promotional offers through the app. But, make sure you are not overdoing it!

Digital Transformation

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The due diligence of selecting a technology that fits your business is a challenge for most CEOs. It needs Business, Management, and Technology combined expertise. Our experienced and qualified team of professionals helped hundreds of business owners and CEOs in their digital transformation journey.
Learn More https://landing.hayasolutions.com/digitaltransformation/

Why do SaaS start-ups fail?

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Since the Software as a Service (SaaS) business is extremely dependent on the software; in case the software fails, the business would fail too. Many start-ups reach out to software development companies requesting a SaaS Web and/or Mobile Application. Most of these start-ups’ CEOs do not have a detailed scope and they depend on the development firm to help them create the scope of work based on their experience. On the other hand, most software firms need a documented and detailed requirement to estimate the efforts and develop the application.

Due to this conflict in both parties’ expectations, the software firms generate a quick estimate to close the deal and they do not fully understand the exact scope of work. That will lead to extended timelines due to many change orders or the CEO may have to change the software firm in the middle of the project, and both options are extremely costly. Many times, to avoid going over budget and losing the investors’ trust; the CEOs accept the application that does not match the business idea, and therefore it will not be aligned with the business’s value proposition, business model, or meet the business goals and objectives.

Choosing a software firm that can analyze the business case and develop the requirements with the start-up CEO is key. These software firms must have strong business and technical teams working together and both teams must have experience in the SaaS business and software industry.

Haya Solutions Inc. is one of these companies since they combine their MBA Business Consultants efforts with Certified Business and Technical Analysts, Project Managers, and Developers to ensure the success of the SaaS start-up. Haya’s successful rate of the SaaS projects is 100% accomplished for 100% successful SaaS business models.

If you think to start a SaaS business, contact us to discuss your idea today.