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  Cloud technology has opened up new avenues in which businesses deploy enterprise systems, as procurement enables a new level of communication and collaboration that empowers e-procurement innovations in sourcing, supplier management, and the entire purchase-to-pay process.   A well-designed cloud-based system provides new flexibilities that enable businesses to enhance business practices in a much more seamless way that moves them steadily through the journey to better control business systems. Nowadays, ERP tools are not only advanced but complex to work with, as they mostly complicate the process of comparing ERP data with that of non-ERP ones. As cloud technologies are integrated within this procurement software, it has not only become complex in its structure, but interfaces are simultaneously combined with systematic platforms, as this procurement software can easily be purchased at an affordable price rather than creating them. Even the smallest of tasks, such as p...

  Inventory is one of the most crucial and important components in retail and wholesale businesses. Poor inventory management leads to stockouts, shipment delays, customer dissatisfaction, and eventually financial loss.   However, what is a poor order management service like? Following are the seven common mistakes made by retailers and wholesalers.           Conducting inventory counts once a year          Holding off too much Inventory           Using manual techniques           Not keeping your storage space organized           Not training your staff properly           Not enough of a game plan for the future           Not using good vendors ·         Conducting inventory counts once a year Performing inventory counts once a year isn’t effecti...

  In an era of pandemics like COVID-19, this year has been different from the past. Storefronts went digital, kitchen tables turned into conference rooms, and how we live, work, and shop has turned upside down. What hasn’t changed totally for businesses is outstanding customer engagement. According to the current scenario, 80 percent of consumers revealed that both the businessmen and their client experience remain as important as their products. How to deliver those differentiated customer support services transformed as life moved online and economic uncertainty moved in. The latest customer report, according to Forbes, indicates that 15,000 consumers and business buyers provide invaluable insights for business leaders navigating their paths back to growth. To take the discussion deep, some of the pointers that came to mind that can increase customer interactions are as follows:. Earning trust pays dividends. Empathetic, unified teams build differentiated engagement.   Corpo...

  Generation Z is made up of people who were born after 1995. They are the first generation of their own kind. They have grown up with laptops, smartphones, and the internet. As the oldest members of Gen Z are reaching the age of college, paying attention to them becomes a significant responsibility of their parents. Now the main concern regarding this generation Z people is how they think about money and their financial literacy. Thus, banks around them are trying to make connections with this generation of people. Recessions, the housing bubble burst, and seeing millennials struggling with college and various other kinds of financial debt have influenced these people. As a result, financial literacy is very important for people in this generation. According to the latest study by Raddon, it has been significantly found that around 2/3 rd of a group of 2500 teens have already opened up a savings bank account. More than 3x generation Z people have already taken up financial litera...

  It was on August 27th, 2017 that the UAE government first introduced its Value Added Tax Decree Law. It is believed that on January 1, 2018, indirect taxes were introduced in the UAE. The standard value-added tax rate will be 5 percent, with a nil rate for certain essential items. Analysts across the globe predicted that the purchasing power of commoners had gone down due to the introduction of indirect tax regulation. The value-added service rate of five percent imposed on goods and services is considered one of the lowest tax rates across the globe. The introduction of Vat across the UAE shook all the businessmen right at the beginning of the New Year 2018. They were frightened due to the fact that the government will impose strict law and order in terms of VAT compliance and financial transparency across the commercial sector. It has become mandatory for businessmen to learn about the application of VAT to their respective business activities and transactions. The ...

Are you an IT professional who has been in the industry for a longlong period of time? If so! Then you are the best person in the business who knows the responsibility of managing end points like workstations and laptops. In the field of information technology,technology, it has become a prevalent thing that more often than not end users  lose their computers. This kind of thing happens when the end users of a particular company lose their official laptops while they are staying in a hotel or traveling by train to attend a business conference. The most  common thing that you might have noticed is when they are working from home and complaining to you about the sudden malfunction or breakdown of their laptops while working. Sometime, being scared, the end users try to hide the real problem and start producing false excuses, like it might be a faulty laptop that has been handed over to them by the company. There are some who address the real problem that they are fac...

With the advent of technology, a lot has been said about artificial intelligence. People can see wide applications of artificial intelligence in different industries like finance, education, transportation, security, and, to an extent, even the healthcare sector. The use of artificial intelligence in the healthcare sector has become more prevalent. It is used in diagnostics, research, and also in the sphere of new drug development. It is used in the image recognition of retinal scans just to detect the early signs of retinopathy and disease progression in diabetic and hypertensive patients. Sometimes AI as an aid is also used to recognize abnormalities in ECG tests, ultrasounds, CT scans, and MRI scans. In the field of pharmaceutical industries, AI is used to design new medicines for cancer treatment and the invention of other amazing drugs to cure various kinds of difficult heart diseases. When it comes to the healthcare sector, the application of AI is restricted to the p...

It is always believed that a business becomes successful when it doesn’t have too many unhappy customers. Customer attrition level is proportional to whether your business attains great heights or success.  To follow a customer retention policy, all you need to do is reduce the customer churn rate.  All you need to do is address customer churn.  What is a Customer Churn? It has a impact on your business as it lowers your percentage of profit and revenues. Before diving deep into our discussion, all we need to do is understand some basic concepts like customer churn. Customer churn is often calculated by the number of customers who tend to leave your company during a given time.  The churn rate indicates how your business is performing in keeping customers by your side.  Now one question that often comes to mind is: Why does the churn rate matter so much from the business point of view? The answer to your question is, as it costs too much for customers to s...

One of the main motives of the digital marketers is to get more traffic and visitors towards their website. Publishing great content on your website doesn’t always mean that you will get a lot of traffics or visitors for your website. If you believe in such kind of notions then you are traversing in the world of dreams. Apart from posting of great and interesting content in your website all you need to do is follow some smart strategies and techniques to increase viewers of your website.   Before plunging into our discussion further few things you need to understand pretty seriously is that  Why appropriate viewer and traffic matters for your website?   Traffic is more like customers in the real day life of particular businessmen. It doesn’t mean that more traffic won’t always get you exactly what you want from your website. The goal of an individual should be to generate relevant and targeted traffic for the products or the services that you are planning to s...

  Virtual reality is a replicated environment that is brought to life using high-configuration software and hardware. It provides an immersive sensory experience. It focuses on the human senses of sight, hearing, and touch. Gives the user the illusion of entering the unknown world of fantasy. Virtual reality companies across the globe are not only bringing significant development to this technology, but it also plays a crucial role in the entertainment industry. The recent reports suggest that the best virtual reality companies are taking this technology to a new height, but it is also making a huge impact in the video game industry. Some believe that the demands for virtual reality developers across the USA are increasing. MNCs across the USA are outsourcing this technology but also the laborers associated with this field. The progress of virtual reality has increased in the gaming and entertainment sectors. People think that the application of it in the community sector may bri...

  In the past, public relations and marketing teams were two different identities with separate goals and functionalities. The PR team focused on media relations. The marketing sector aimed to establish connections between customers and brands. In the 21 st  century, the advent of the digital landscape made it a necessity for both  public relations strategies  and digital marketing efforts to align with each other. Now the main question arises within the minds of the marketers:  How do they accomplish this? If you are interested in learning about it, let's dive into our discussion. Prior to taking our discussion deeper, one needs to understand the transformation from traditional PR to digital PR. Traditional PR & Digital PR: In the past, a publicist was a PR specialist that focused on creating  PR marketing  with journalists, publications, producers, editors, and writers to catch their clients through legacy media like Ø    News Paper Ø ...

  Search engine optimization is often regarded as a complex process. There are essential factors that help you to run a successful search engine optimization campaign. Most digital marketers find it impossible to keep track of all the changes. One should have a basic overview of what’s going on within a website to succeed in the digital world. To take the discussion further, one should look at the most important points associated with the world of search engine optimization. To achieve success easily, these are the four most important SEO metrics that every website owner should follow to track their success in the world of search engine optimization. They are as follows:           Organic Traffic          Bounce Rate          Pages per Session           Organic CTR To understand these points far more clearly, we should describe them on a point-to-point basis. Let us now div...

  With the dawn of the New Year 2018, rapid development took place in the field of digital marketing, which no business enterprise can ignore. These dramatic changes took place in SEO, social media,  PPC, and content marketing. To stay alive in the competition, most of these business enterprises have to adapt to these newer strategies. As we witness a sudden transformation from a laptop- and desktop-driven age into a mobile-driven era, the advent of new digital marketing trends turns out to be inevitable in this modern arena. Some of the highlights and drastic changes that took place in the world of digital marketing appear to be as follows: Augmented reality AR appears to be the game changer in the field of digital marketing. Different brands of smartphone users use AR for interactive purposes. Experts from the field of digital marketing are of the opinion that in the recent era, Facebook and Instagram will integrate it in the upcoming future. Companies spend a lot of mone...

  Whenever we hear about the concept of virtual reality, one thing that often clicks in our minds is virtual reality entertainment. It is this unique concept that revolutionized the whole entertainment industry. It became famous because of the futuristic-looking headsets and computer games. Within the blink of an eye, it took it to another level. The concept of the VR mechanism gave the gaming industry a whole new look.  Experts believe that asset developments in the field of virtual reality change the behaviors of consumers.  The virtual reality service provider in the Bangalore region needs to adapt to newer technologies. Now the major question that arises within our discussions is,  How does the entertainment industry use virtual reality?   We all believe that entertainment tries to bring the impossible back to life. In this context, virtual reality appears to be an identical mechanism with massive technological incentives, a stimulating environment, ...

  The modern age has shown us that the use of smartphones has become an integral part of our day-to-day lifestyles. Due to this sudden pandemic, or as we know it by the name of the Covid 2019, online self-paced learning activities have become a new strategy for most IT professionals. In most cases, the online learning activities take place with the aid of a mobile phone. It enables us to learn and adopt different kinds of skills at any time of the day, from any part of the world. Due to this methodology, many companies achieved greater production, more knowledge competency, and better employee retention. Mobile learning has become a bigger deal than many organizations think.  It reflects an incredible opportunity for employee training. This sudden explosion will increase revenues for mobile learning, and it will double in at least 66 countries across the globe. The usage of mobile devices is increasing as modern learners switch swiftly between their laptops, tablets, and smart...

  It is found out that too many young people are interested in investing for retirement. For young people, it is necessary to invest, so they can enjoy the fruits of it when they retire. Without investments to supplement retirement income, this future generation of young talent won’t be able to fulfill their necessities of life when they retire. Smart, disciplined, and regular investment in a portfolio of diversified holdings can yield you some great returns at the end of your work life. One basic reason why young people don’t invest is because they fail to understand stocks or basic concepts such as the time value of money. Even they ignore the power of compounding. To get a high return and incur profit at the time of your retirement, one should start investing in the youth stages of their life. The sooner you begin investing, the return will be much bigger than you expect when you reach the age of a senior citizen. In this article, we will discuss a good way to start buildi...