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Training must for the success of the new software for SMEs: Expert

Jayarama Emani | The Dollar Business An appropriate training mechanism will further strengthen the cause of the new software for the small and medium enterprises (SME) software launched recently, opined an expert. Speaking exclusively to The Dollar Business, Tamal Sarkar, Director, Foundation for MSME Clusters (FMC) said, “Micro enterprises do not have the capacity to understand basic formal accounting. They mostly look at accounts on cash rather than on accrual basis. It is important that we create appropriate training mechanism for the same.” Stating that the software is a welcome step by the government, Sarkar also added, “It will be important to provide such software in local language, for higher pick-ups and further strengthen the cause of the software.” ...