Category: Business
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Standard Consulting Updating Businesses Now On ISO 9001 Changes
Whilst quality management system ISO 9001 is a set of International Standards recognized throughout the world, you could also describe it as a way of life or a mindset. Quality management is one of those things that just makes sense - in fact, much of it is exactly that, common sense! Practical, simple and very effective, it's a way of delivering the very best products and services to the customer - and implementing it really isn't rocket science! Whilst so much of this is commonsense, nonetheless, there is a set of policies, processes, and procedures needed to make it all happen. But this is a system that should be at the very heart of any organization. Whether you own a large company, a small business or you run a voluntary organization or charity, you have 'customers', and meeting their requirements should be your main goal. Well-oiled machine Standard Consulting in Brisbane sums it up perfectly when they describe ISO 9001 as a way of consolidating the many internal processes within an organization into one well-oiled machine. It leads us away from considering a business to be many different components running alongside each other, seeing it instead as a total commitment to quality as a whole. Standard Consulting's Quality Management System training packages help organizations of any size understand and adopt this concept, leading to improved performance, fewer complaints, more happy customers and a better bottom line. Crucially, it will also help organizations meet regulatory requirements and achieve ongoing improvement. Government tenders Quality Management System training helps businesses understand that their customers are not the only ones to consider. For example, a business chasing Government contracts and tenders is unlikely to make even the first cut without a QMS system in place. In our competitive world, where a tender might attracts hundreds of bids, Government departments need some sort of benchmark against which they can measure the applicants. Or perhaps you are an SMB wanting to join a major organization's supply chain. Again, it is unlikely you will be considered with a recognized system in place. Remember, that major company has to meet its own regulatory requirements and keep its customers happy, so it is crucial they work with like-minded organizations. In order to be effective, Quality Management System ISO 9001 must be embraced by everyone within an organization, from top to bottom. And decision-makers within the business need to consider it in the context of all future plans and policies. It also demands that all policies and procedures be documented, and constantly reviewed and updated, in much the same way the Standards themselves are revised and updated. Standard updates In fact, there has recently been a review, with the current version of the Standard being Quality Management System ISO 9001:2015. Three years in the making, this only goes to show how important and up-to-date these Standards are, formulated by professionals from throughout the world. Well over a million ISO 9001 certifications have been issued - a reassuring sign that businesses are really starting to take on board the importance of quality, in their goods, services and internal operations. ISO 9001 was revised to make it more in tune with how we do business these days - reflecting our global market better. Quality Assurance vs Quality Control As professionals such as Standard Consulting will tell you, it is far better to create a top-quality product in the first place - Quality Assurance - than to have to deal with returns and complaints later - Quality Control. It's a mistake to think that quality control is enough. As well as disappointing and potentially losing customers, producing faulty products that get returned is a complete waste of money for the organization. Better to get it the right first time, every time. There are, however, a few misconceptions about ISO 9001:2015, and these will be properly explained during quality management system training. For example, you'll hear some people say that the Standard is only for big organizations, or that it is only applicable to certain industries. That is not the case. Suitable for any business International Standards can be applied to any size organization, in any industry, and be just as relevant. The concept of quality products that are fit for purpose has nothing to do with the size of your business. In fact, we are seeing an increasing number of SMEs implementing these systems, because they can see how it saves them time and money and helps them secure a larger chunk of the market. Another myth is that it is only for manufacturing or retail businesses but again, this is untrue. Quality Management System ISO 9001 is used by hospitals, schools, churches, charities, police departments and more. To put it simply, every group or organization or business needs structure - and structure needs policies and procedures. Think about it - even families have structure, rules, processes, systems, and patterns. So it's fairly obvious you need the same processes and systems in business - but much bigger. To find out how your business would benefit, talk to Standard Consulting - experts in International Standards.
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Employee Monitoring Linked To Business Growth
The name “Spy App” itself sounds awfully notorious like something out of a James Bond movie, but according to the state law, its use is quite legal. As long as employers follow a few basic rules regarding spy apps, they are perfectly authorized to monitor employees by using the said apps. Spy apps like; TheOneSpy is quite helpful in keeping track of employees’ various activities, online and offline. They indirectly can also serve as a great medium of business growth strategy. According to various surveys, companies lose millions of dollars every year due to non-work related internet surfing as well as idle employees who slack off during work hours. This is where turning to spy applications can serve greatly in terms of business growth strategy in the following ways: Read Also: What Does Business Law State about Monitoring Employees? You Can Increase Employee Productivity Most businesses use video surveillance to keep an eye on their employees. Video surveillance was enough at a time when if the boss saw that the employee was in his cubicle, it meant that he was working. But now, with unlimited access to the internet, employees can browse through various blogs and videos at their leisure while they pretend to be working. Such a coupe can seriously damage the productivity of such an employee since their work vs. time ratio doesn’t add up. If such employees learn that their employer has his eye on every single keystroke they make on the company sanctioned computer, it greatly reduces the chances of them slacking off during work hours. Additionally, this way you can easily work out the slackers and identify the hard workers they have in their business firm. Keep Confidential Information From Being Leaked Humans are fickle beings by nature. They can be the best people you have ever met and yet at the same time, they can turn out to be the worst people you can have the misfortune of ever coming across. We meet thousands of people every day. When we meet them, we can never know at a glance whether they are worthy of our trust or not. The same goes for employers when they hire an employee. At first, even the most notorious people seem fine but when given the time, such people show their true colors. Spy apps can serve as a brilliant medium to catch such people early on since spy apps allow you to: Take a look at their browsing history. Keep an eye on the emails being sent or received. Get detailed logs about every single keystroke being made by the employee. This way, if you keep a close eye on a certain suspicious employee by using the spy app, you can not only prevent confidential data from being leaked but also catch such a thing from transpiring early on. Keep Internet Abuse At Bay Since most companies conduct most of their business interactions and other things using the internet. They use high-speed internet connections to make sure that an important business deal is not hindered by bad internet connection. Such high-speed internet bandwidth is equivalent to a shot of cocaine to an internet junkie, who’d rather watch funny and cute cat videos all day long instead of actually doing work assigned to them. Such slackers do not only abuse the unlimited internet access companies allow their employees, but it also reflects badly on the company if they are not on top of all the work assigned to them. Spy apps help company owners out with this problem as well. Since spy apps allow employees to block certain websites from being accessed by the target device, they can easily block the websites their employees are obsessed about to get them back to work. Keep Employers From Stalking Co- Workers One of the biggest setbacks being faced by business owners is employees manipulating the use of office hardware and bandwidth to stalk co-workers. Since almost all the official data is accessible by certain employees, they can use this data to harass their co-workers which may not reflect nicely on such a business if the local authorities are informed of such occurrences. Therefore, it is in the best interest of business owners to use spy apps to discover such obsessive behavior and immediately nip it in the bud before it can become much worse. The Bottom Line A business and its success completely rely on the people working for it. Unfortunately, as mentioned earlier, humans are fickle by nature and such fickle nature is bad for business. Therefore, investing in a good spy app is in the best interest of business owners since they can serve as a great pair of eyes and ears on troublesome employees. Read More: 5 Major Tips To Increase Employee Engagement In A Call Centre Industry How To Get What You Want At Work By Strategic Negotiation
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Top 4 Creative Team Building Ideas for a Call Center Industry This 2020
Call Center employees are into a most demanding job as they represent the human face of a specific brand or organization while delivering one of the best excellent customer services. Given the intense rhythm of a call center and sometimes isolated nature of an agent's work, team building in a call center industry is considered to be the most essential thing of motivating the employees, enhancing their sense of camaraderie, and sharing their learning driving their productivity. Given here are the five major ideas and strategies for bringing out the team spirit in a call center through team-building activity. 4 Creative Team Building Ideas for a Call Center Industry: 1. Role Play: Roleplay generally shows the customer service representatives that they could rely on their team members for advice and feedback, giving them an opportunity to ask questions about how they could handle calls in a better manner, allowing employees to walk away from the session with some tips that could apply while receiving calls. Have employees act out scripts one with a customer calling placing an order, and the other disgruntled customer who has not received an order yet. Have your employee being acted as a customer while the other as the customer representative and then switching their roles again. 2. Gamification: Gamification is one of the most popular trends in the call center industry posing a variety of benefits such as healthy competition, optimizing the training of all the call center employees, and employee motivation to succeed. Call center industry representatives would here compete with each other in order to reach specified goals like achieving first call resolution or signing into new accounts. Gamification is here likely being used to train and assess the agents in a fun yet meaningful way. Agents would share one of the best practices with their friends and employees while being motivated to achieve their best for every business activity they have been doing. 3. Hosting a holiday drive: During a holiday season have your employees work as a team to collect items for a charity drive. To begin collecting from toys and all the non-perishable foods in order to winter the clothing and blankets. So plan to donate to one or the other several households or to a non-profit organization. Call center to begin to be fulfilled, as they give the community back with the things they need, and continue to feel proud that they along with their fellow co-worker making a difference. Once the drive ends to reinforce the idea of working as a team in order to achieve the goals relating the ideas to provide one of the best services over the phone. 4. Shared Learning: Agents would continue to feel like a team where their ideas are heard and exchanged among the team members. And in addition to meeting the above best practices, call centers could here make a step further encouraging the employees to read books together in a book club format attending a webinar that is related to their business, or taking classes with the continuous post-activity decision on internal social networks exchanging ideas and take away. To conclude Call center organizations are typically a force behind the success of customer service and sales, so it does become critical enough to foster a team spirit through call center team building that would recognize the individual potential while establishing their common goals and best practices. Through the team building activities, the employee would here tend to feel more motivated enough to do their best while learning and meeting their professional goals. Read Also: Five Things Every Great Leader Should Know 7 Startup Essentials Entrepreneurs Should Know About 5 Steps To Accelerate The Growth Of Your Startup Why Your Business Needs Call Center Tracking How Business Leadership Plays An Important Role In Business Success?
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How can you choose an Efficient Waterproofing Contractor?
It is very important for all homeowners to maintain the home basements, kitchen, bathroom and rooftop areas free from the leakage related problems. Professional waterproofing contractors can also help by providing a permanent waterproofing solution by getting the right mechanism installed. However, the cost for this task depends greatly on the degree of external and internal waterproofing required. Waterproofing can be done for kitchens, bathrooms, basements and also for rooftops, to keep these areas dry, in spite of the fluctuations of weather. Symptoms that indicate that waterproofing is required There are some common signs and symptoms that indicate that waterproofing is required. The possible signs and symptoms are listed below: Wet basement Leaking walls Unusual odor Damp room Presence of mildew and fungus Putrefying furniture Presence of pests and insects Fine cracks in the walls and floor basement areas Existence of an inner curve or an outer bulge on the walls A single symptom or a combination of most of these cases points out that the particular zone needs immediate waterproofing to last longer. Proper waterproofing service would help the homeowner to get rid of the dampness, fungus, odor, cracks, etc. and would help in protecting the health of the family members. How to choose the right waterproofing contractor? If you are planning on getting waterproofing service done for your home, get in touch with the right contractor to prevent wastage of money, time and energy. Check if the company provides services for areas like terrace, walls, sunshades, skirting areas, bathroom walls, kitchen sink areas, ceilings, etc. Check if the company has expertise in providing treatment for the swimming pool areas, water tanks, sunken areas, etc. Find out if the company is a certified company and whether it provides a service guarantee to the customers. Find out the charges that are required for completing the task along with the time frame within which the contractor will finish the work. Search for the company’s rating, customer reviews, experience and complaints before hiring the company. Search if the company has consumer helpline for queries, complaints, and grievances. Check if the company is equipped with the right kind of tools and employees who can handle any problem related to waterproofing. There are many waterproofing agencies listed on the internet, so more information can also be found out on their websites. Customers can always compare the price before they assign the task of waterproofing to a particular company. Benefits of waterproofing: Waterproofing increases the shelf life of the property by reducing the costs of recurrent maintenance and repair. Waterproofing increases the resale value of the property by maintaining the exterior look for a long time. Waterproofing reduces the potential health hazards of the family members. Protects the property from leakage, and seepage problems and the excess moisture from building up. Waterproofing saves post-construction mental stress, time, and money if it is done in the new house. Waterproofing protects the rooftop from external influences such as rain and snow. Waterproofing facilitates both old and new constructions: With the rising demand for the waterproofing service, there are many companies that provide a range of different waterproofing products and services to solve the diverse needs and requirements of the customers. Waterproofing can be of various types such as Cementitious waterproofing Liquid waterproofing membrane Bituminous coating Bituminous membrane Polyurethane liquid membrane Each of these types of waterproofing has different advantages and uses. Therefore, one must get in touch with experienced waterproofing contractors for getting the best solution for the property. Read More: 13 Ways To Maintain The Coolness Of Your Air Condition Unit Use Floor Polishing For Keeping Your Flooring Looking New 5 Myths About Roofing Services To Avoid
READ MOREDetailsWhy You Must Embrace Green Home Technologies?
Did you know? Buildings in India account for… 33% greenhouse emissions 38% energy consumption 30% landfill waste 12% water consumption And, every year, built-up areas in the country grow by 10% with a whopping 700% increase in energy consumption! It’s time to re-evaluate our priorities, It’s time to give back to nature, And for our children, it’s time to ensure that our homes do not destroy the world. India has been a fascinating growth story. Our story of growth is also about stress on the environment and natural resources. Fragile ecosystems and endangered species are struggling amidst the fast-expanding concrete. However, there is a silver lining in every cloud. Staying true to the traditional ethos of living in harmony with nature, Indian real estate is welcoming new technologies and innovative architecture to ensure a sustainable future. New-age financial solutions and subsidies are likely to encourage the adoption of green technologies in the construction sector. Your contribution, however small, is significant in creating an eco-friendly living space. Going green is an important milestone for your family where you create a positive environment for growth. It saves you lots of money as you pass down the lessons of conservation to the next generation and add to their inheritance. Green constructions and architecture are the flavors of our times and builders are incorporating environment-friendly and energy-efficient features like LED lights, waste management plants, urban forestry, natural ventilation, thermos bricks and many other design elements for your conservation and well-being. Why do you need a green home? Money, money, money A green building creates many financial benefits for owners and tenants. Natural materials are compatible with the environment, while solar energy, proper ventilation, rainwater harvesting, water recycling, waste management, and foliage help to cut energy consumption and save large amounts of money for you. Tenants are clearly attracted to buildings which offer a reduction in everyday costs. Environmentally safe with GRIHA It feels great doing your bit to safeguard the environment. Buildings are responsible for one-third of greenhouse emissions and that portion can be reduced by 35%. Demand for high-quality, eco-friendly and energy-efficient real estate is growing across India. It applies to both, residential and commercial spaces. And with our urban air becoming a pollution hazard, it is imperative that as an Indian, you seek green alternatives to safeguard health, environment, and productivity. You can choose environment-friendly homes as per GRIHA (Green Rating for Integrated Habitat Assessment) rating. It evaluates how your home stands against accepted benchmarks of green buildings. Better innovation As an investor, you gain a higher yield from green buildings. The practice also spurs design and material innovation, which is important for our nation. The “green wave” has brought forth new technologies, understanding of ancient practices and ample research interest. Green buildings are using traditional material and recycling old materials to reduce our carbon footprint. Reduce, reuse and recycle: that’s the mantra sustaining your green home. A great start-up culture Grassroots awareness will drive greater adoption of green technologies. Rural artisans, cottage industries, and agriculture have felt a positive impact of the green drive. A new culture of entrepreneurs providing new solutions to builders is enriching the green economy. Green buildings in India are becoming a part of the culture. You should be thrilled to know our country was ranked #3 on a list of 10 countries by the US Green Building Council (USGBC) for LEED outside the US. India today boasts of 1 billion square feet of green building area. With over 200 million square feet of commercial space and 45 million square feet of construction coming up, you can say without a doubt: The sky is our limit! Apoorva Bharadwaj is a freelance blog writer. She has written blog posts largely catering to the real estate industry. Throughout these many years of her career as a blogger, she has kept up with changing trends in the real estate industry. She has written many blog posts on why the real estate prices are skyrocketing in major metros, how to choose the right real estate agents, about new apartments in metros, etc. At present, her latest blog work is on Jain Height’s new eco-friendly homes, luxury condominium projects for sale in Bangalore and about the right time to invest in an apartment.
READ MOREDetailsOvercrowding in Cities Causes Increase Road Traffic Accidents
While individual injury lawyer might frequently see motor car crash guarantees that were brought on by distraction out of the car and risks on the roadway, there is a lot of risks inside of the auto that can likewise prompt accidents. A study by insurance agency discovered that improper footwear, disposed of coffee containers and animals are the most unsafe things individuals can get involved within the auto. These contribute to road traffic accident that ends up requiring the drivers a normal loss of £262 in car repairs, and additionally the related costs of motor car crash claims. An aggregate of 43% of female drivers conceded that they have not been able to utilize the pedals appropriately on account of the high heel, with this danger especially basic among those matured females between 25 and 34. Besides, 20% of them reviewed said that beverage bottles moving under their brake or race pedals had prompted a vehicle mishap or a close miss, at the same time as 12.5% said animals looking for consideration and circling in the auto had placed them in risk or created a mishap. It is suspected that these issues and diversions could make drivers lose center for over three seconds on end, yet it will be no reason in motor car collision claims. What urban communities see the most mishaps? The research of insurance agency likewise uncovered that people in the UK could be at the most serious danger of auto crashes, with 50% of victims accepting that they have experienced a close miss or some scratches only. People of West Midlands are at second number with 45%, subsequently people in Wales at 44%. It is felt that large amounts of overcrowding in the big cities could be in charge of the increased danger for a road traffic accident. An expected 14 million out of 34 million driver permit holders in the UK have involved in a mischance or a close miss created by diversions inside of the cars, as more or less 39% of the 2,100 individuals surveyed by a study accepting to it. The ‘no win no fee’ lawyer admits that at the same time as drivers might be arranged for diversions outside the auto, they won't spend as long setting up the internal space and might overlook the risks inside of the vehicle. (Note: this article is intended for informational purposes only and should not be read as a promotion, solicitation or endorsement. The author has no affiliation accident at work compensation solicitors of its agencies or subsidiaries, or with any other personal injury law firm.) Regardless of this, it is impractical to totally manage what takes place out of a vehicle, yet drivers can manage the majority of the dangers inside of vehicles. Individuals should keep their autos spotless and without any waste, must keep pets all around secured, and ought to wear reasonable shoes for driving at whatever point they get in the driver's seat. Mindful driving is critical for drivers and their travelers, in addition to key in securing the wellbeing of other people out and about. While a few individuals might have the capacity to deal with the anxiety of being obligated in a motor car collision claim, criminal cases can be considerably harder to adapt to, and the blame of being in charge of passing or genuine damage brought about by a fender bender can be difficult to adapt to. Saam smith is a blogger who works alongside a team of accident at work compensation claims. She has had his work published across a huge range of different platforms and media. She has previously worked as a content writer and a journalist.
READ MOREDetails5 Major Tips to Increase Employee Engagement in a Call Centre Industry
Call Centre Industries are generally considered to be the front lines of customer service, serving as a brand expert and customer trusted the human connection to a company all at once. And keeping your employees engaged at work could sometimes turn out to be a difficult task, but it does not have to be. Chief Human Resource Officer at Paycor Karen Crone defines employee engagement as an engagement to which your employees: Stay with the organization for a longer period of time, talking positively about the company, and last but not least offering a discretionary effort. 5 Major Tips to Increase Employee Engagement in a Call Centre Industry When employees are engaged they then turn out to become advocates for your company. Time and time again research has proven that happy and engaged employees generally turn out to work harder and work much better. Given here the 5 major tips that would help you to increase employee engagement in a call center industry. 1. Giving the employees the right tool for success with a proper training: In order to deliver the best results, call center industry agents should here be giving the latest technology for excellent omnichannel customer service, receiving proper training that is required to master the tools. Using a contact center software solution with advanced features would here ensure you quicker, and a much more efficient service helping the agents feel prepared for their next interaction. 2. Communicating with clients: When there is clear communication between the associate work and business strategy, then a line of sight is created that gives an employee a reason to come and work adding in their best efforts. By being open and acknowledging the dedication of all your employees you make their work much more full filling. 3. Asking for their feedback: Due to the daily interactions and communication with all your clients and customers, the agents could now provide knowledge on the customer’s behavior and their ideas for one of the best practices during service interactions. The feedback gained from all your clients and customers helps in improving the customer experiences through surveys, enhancing the call receipts, improving the training methods, and the last but not the least modifying or bringing out new products and services. Providing feedback through official surveys and staff meetings the agents begin to feel that they are a part of your team and to the success of a brand. 4. Personalize Development: The workforce of a specific organization especially with an addition to the millennials is focussing on how the job experiences could here improve the skill set of the employees and the future of their business organization. One of the best ways that you could foster the personal development of the workplace would here include creating affinity groups, using subject matter experts within your company as teachers, having employees talking about their strengths and weaknesses. 5. Developing great managers: Having great managers is really important as the above-mentioned tips depend on having managers who have invested in their associates. Having your managers informed and engaged would make their job of encouraging the employee’s engagement becoming much easier. Through employee engagement, organizations could here boost up their employee's motivation, building confidence in the work that they are doing, ultimately leading them to promote exceptional customer service for long-term loyalty.
READ MOREDetailsBehavioral Targeting – A potential DSP strategy for media campaigns
Aren’t you happy that you are finding the perfect leads that automatically convert into customers in your digital media campaigns? Behavioral targeting, a recent technique in digital advertising, has enabled marketers to achieve 90% success from their campaigns. Although the name itself tells about the kind of marketing strategy behavioral targeting is, let’s find out more… Behavioral targeting effectively uses a customer’s past activity while displaying an ad. While matching an ad with the user, the media planning software uses non-personal and anonymous information from the user. The fact that identifying user behavior is not just limited to the desktop makes media planning software a versatile technology. There are some mobile media platforms that help companies to target users depending on their mobile search patterns. One of the key factors in mobile tracking is where the users are located when they conduct a particular online search. How behavioral targeting functions The agencies use demand-side platforms (DSPs) for buying the advertisements across the networks in real-time. As there is media software that can track the user’s IP address and content type, the user browses using deep package inspection (DPI), and the marketer is able to identify the ad appropriate for the user. The marketers then buy relevant ads via real-time bidding (RTB) and put them up on the websites. This media planning software allows marketers to focus on ads for granularity specified audiences. The tool uses different kinds of data to show the right ad to the right audience. Information marketer’s use for behavioral targeting: The demographic information that the user has shared with partner websites Data extracted by cookies from the websites visited by the consumer General assumptions based on the types of websites visited by the user Social networking sites for collecting data for this kind of targeting Types of behavioral targeting Several technologies and approaches are used in behavioral targeting. Every company in space has its set of nomenclature and approach. However, the entire gamut of behavioral targeting can be roughly divided into three categories: Targeting based on affinity Also known as traditional targeting, the tracking is based on the information the users take in. Here, the user is tracked within a particular category. By consistent consumption trait, the tracking is based on the interest the user shows in web search. This way, advertising is based on unique profiles of users rather than by focusing on the current search that the user has keyed in. Re-targeting This tracking is simpler than affinity-based targeting. Here, the user has already visited a website, made some pre-decision stage activities, but has not completed the action. Usually, users get tagged through cookies and they can be targeted again via some cross-selling prospects. According to the user’s latest interest, an advertisement can be tailor-made using re-targeting. Predictive targeting Predictive targeting is based on a series of data collected both, online and offline. The first step is gathering data online— analyzing user behavior through their clicks and real-time internet surfing. The user gets monitored through the websites they visited the amount of time spent on each website, etc. The first profile of the user gets created through online monitoring. Complete data is then collected by some kinds of socio-demographic survey, which provides complete information on the lifestyle and interests of the user. Predictive technology is used to analyze the survey data (offline) with performance data (online) to complete the profile. Thus, there is the extrapolation of socio-demographic data of the sample population to a larger user base, using the similarities in the behavioral patterns observed in the sample users to a larger population. Behavioral targeting is definitely a valuable media planning software for digital advertising. However, you need to beef your strategies up with adequate tactics. Start with the identification of the right audience for a certain media buy, the required accomplishment of the campaign, and consequently its appropriate channels and communication media. Within this framework, identify if behavioral targeting can achieve better or not. Author Bio: Preethi Vagadia is currently a Senior Business architect with the Service operations practice at a well-known IT Industry in Bangalore. She has worked in several process improvement projects involving multi-national teams for global customers. She has over 8 years of experience in mortgage technology and has successfully executed several projects in logistics management, logistics integration, reverse logistics, content management system software, warranty software, and programmatic solutions.
READ MOREDetailsWhy Automation of The Procure-to-Pay Cycle Is Critical?
Organizations across the world are facing the brunt of rising commodity prices and increasing procurement costs. Executives are hard-pressed to make a tangible difference to supply chain profits. But cost-cutting is adversely affecting investment decisions and chances of expansion across the board. Read further to know the top Reasons Why the Automation of the Procure-to-Pay Cycle Is Critical. Technology enables companies to look offshore for cheaper resources and raw materials. Procurement has become a more important process than it had been before and geographical boundaries to availability are diminishing. The procure-to-pay cycle is considered a crucial strategic operation, in which expenses need to be closely monitored. 10 Reasons Why Automation of Procure-to-Pay Cycle Is Critical Organizations need a comprehensive approach by which operations are aligned to lower procurement costs. Every department needs to be made accountable for its costs and effective use of assets. This is only possible through automation, which includes monitoring of requirements and expense optimization. It helps to procure the assets at competitive prices. Automation of your procure-to-pay cycle can bring immense benefits to minimal investments. Here are 10 of them. 1. Save time Automation means faster cycle times. An Aberdeen Group report found that organizations that have implemented e-procurement initiatives have halved their transaction cycle time. This means faster order processing, instant approvals, and better decision-making. The future belongs to organizations that have automated systems, as speed, efficiency, and effectiveness of procurement solutions provide a competitive edge in the market. 2. Save money Big savings are now possible with manual procurement fading into the future. Shortened procurement and fulfillment cycles reduce administrative costs and improve staff productivity. Employees can use their time more strategically instead of pen-pushing. Consolidation of orders from different departments results in manifold advantages like decreased cost per transaction, reduced maverick spend, increased negotiation power, and volume discounts. 3. Reduce errors Automation ensures better accuracy. Multiple receipts, documents, and bills are no longer in the picture as vendors log in their quotes and departments key in their requirements. Endless matching and re-submission of documents are no more the order of the day. Clerical errors are minimized and you can identify the best and worst-performing assets and other variables to plan for the future. 5. Be compliant Automated procure-to-pay solutions ensured standardized procurement practices, pre-negotiated pricing and real-time data that ensures compliance. Maverick spending comes down to zero as procurement managers look out to established vendors who provide better prices than the rest. Standardized equipment and products are bought only from vendors that ensure compliance across the board. 5. Improve negotiations Large volumes are open invitations for vendors who can provide discounts and still get better profit margins. When there is the consolidation of requirements from different departments, procurement managers and executives are better placed to negotiate stronger terms that deliver profits. 6. Get vendor visibility Automated procure-to-pay solutions provide better visibility to the procurement process and ensure single-window clearance. Vendors do not need to meet multiple stakeholders and fill up diverse forms just to quote the price. All they have to do is log in to the cloud-based system and fill up the electronic forms. 7. Be better informed Procurement policies can easily be accessed and any deviations can be instantly red-flagged. Executives, vendors, and agencies just need to access the procure-to-pay system for clarification about the process and polices to ensure compliance. 8. Communicate completely Procurement communication is never blocked as every transaction leaves an audit trail. The information that can be accessed immediately upon authorization and the entire pipeline is better managed. 9. Enhance control Executives and managers have access to real-time business data that can instantly refer to the financial health of their organizations. With automated procure-to-pay solutions, you can access all spending with the click of a mouse. Minute information that can change purchase decisions for the betterment of the company is available. Detailed control of the process helps limit spending and stick to the budget. 10. Gain the competitive edge Reduced costs, increased accuracy, better control, and transparency give you a smart, streamlined, resourceful supply chain. The smarter purchasing decisions boil down to better financial health that can give you a competitive edge in the market. Automation helps you to build a smarter procure-to-pay system. It is imperative that organizations move on from cumbersome manual operations to cloud-based automation systems to streamline their supply chain and procurement processes. Expensing platforms are easy to use and adaptable automated systems which facilitate procurement, invoicing, and expense management. With Expensing procure-to-pay systems, the procurement process becomes better streamlined, with faster cycle times and better control and visibility. Image Credit: stampli.com Read Also: Reasons to Support Nonprofit Organizations That Help Save the Environment How To Choose A Practice Management Software For Your Law Firm
READ MOREDetailsWhat Does Business Law State about Monitoring Employees?
Occasionally, we come across many individuals that are conflicted about the role monitoring applications have to play in the day to day office routines and activities. The most common question asked deals with the boundaries and limits that are “bendable” with the installment of monitoring applications. And the answer is simple; monitoring applications and software programs are legal and frequently advised to be installed in any firm or company. Here is why. Legal but… Monitoring or spy applications are legal in any court of law across the world. However, there are some regulations that need to be upheld by the employers’ side before installing monitoring software around the company premises. These guidelines include: Informing Employees Beforehand When it comes to employee monitoring applications, every court of law strictly states that the employees should be clearly notified about being monitored. The best way to accomplish this is via policies and guidelines that should be always kept on display within office premises. These guidelines should clearly explain every element of the employee monitoring intervention put forth by the company. Moreover, even when the firm decides to take on new employees, they should adjust a clause in the contract which makes it mandatory for every person being hired to sign a nondisclosure stating that they are alright with being monitored on company-related matters. Only Limited to Company Owned Gadgets Monitoring software programs tend to give employers an unwarranted power over the employees. And to protect the employee's interests, legal guidelines regarding monitoring apps clearly state that the spying should be only limited to company-owned gadgets. This means that every information coming in and going out through the company-owned gadgets are company property. The guidelines placed around the office premises should also clearly pinpoint this clause so that it poses as a reminder at all times. Furthermore, it is also recommended that the employers get their employees to sign a nondisclosure agreement that clearly states that all information on the company owned gadgets is company property. This means it can be used by the company in court if need be as well. Using Reliable Technological Sources When another’s a source of income and image in the business world is on the line, it is always best to be careful and use reliable technological sources and software programs rather than the usual cheap ones. The expensive yet well-reputed ones can be easily programmed and altered according to the specific needs of the company, hence always used for easy access and usage. Balancing is key Putting so many restrictions and highlighting many stingy clauses regarding monitoring applications like TheOneSpy mobile spy software around the office can definitely scare an employee and hence hinder their overall productivity. This is primarily due to the lack of rapport that should be there between the employee and employer to help increase profits as employee motivation grows. Therefore, it is always recommended by experts to use a system that is similar to a token economy where the employees are given some leeway and flexibility in some areas while at the same time restricted in some too. For example, allowing them access to specific social media sites during a few designated hours of the day. Never Resort to Open Slander It is never healthy to insult or accuse an employee openly among their peers. And with monitoring applications installed, there will be many times that the system may show you red flags which in reality are nothing but some mishap with the coding of the monitoring application itself. Therefore, rather than losing your cool and openly slandering a perfectly loyal employee, it is always best to take them aside or discreetly conduct a further investigation either with their knowledge of it or without it. This is because an employee can otherwise sue you for slandering their image followed by wrongful termination which would prove bad for your company’s image. The law about monitoring applications is specifically made to protect both the employees as well as the employers in case of any mishap or misunderstanding between the two parties. While it may look like the employers have all the power with monitoring applications installed, but in reality, analysis has shown that monitoring applications have been found to be more useful to employees. For example, if an employee faces discrimination at the hands of another employee or employer, they can use the backup made by monitoring applications to highlight the wrongful act in court.
READ MOREDetailsHow to Write and Design an Article that Attracts to Your Business
For some people not introduced into content marketing can cost them visualize how to write an article for a corporate blog or a personal blog, you can achieve persuade and attract new customers for a business. The truth is that we can do before you start to analyze some keys do have to pay attention to two important preconceptions: 1- Such articles are not only written but also designed the visual part will be crucial to a potential new client you can do go through the whole cycle/sales funnel. 2- If we pay close attention to these practices we will be well aligned with the latest trends in digital marketing: - Google has increasingly given more and more important to the content after the last update to its search algorithm, you can review it in the article: "The most important previous notions for search engine optimization" - You'll get more engagement with the new batch of digital consumers, "What is a prosumer? Why is it important to be your business thrive? Our mission for these articles is that your potential customer goes through all this funnel since it realizes it has a need to generate a sale (it is very interesting to see what before was considered as marketing has changed now). Read More: How To Ensure You Have The Perfect English To Enhance Your Blog DESIGNING AND WRITING AN ARTICLE THAT ATTRACT NEW CUSTOMERS YOUR BUSINESS The keys are: 1- Locate the subject carefully finding the meeting point between what solves your product or service and looking at your potential customer’s internet: here's an essential task because you can find totally ineffective situations: - Write about a topic related to your product that no one searches the network - Write about something that people look but it costs relate to your product. If the link does not look natural, users will not make this leap for you 2- layout very well to the article: Article should be attractive at first glance and easy to navigate it. For this I recommend the following: - Insert images and videos to be - Short paragraphs, indents and bold to introduce the user to scan it easier 3- Take time to find a memorable title: this I know it's difficult but try to comply with all this: to generate interest, short, with a clear message and that goes in line with what is sought in the network and thus solves your product or service. 4- eye with the first part of the article: we all know that your final intention is to attract customers but if you're going to live very simply be a publicity article and more users will input. Focus on the user's need which is why visiting your text, if you do not you will be disappointed and will never trust you. Once resolved there's your opportunity to present the part that interests you. 5- Put dedication in search engine positioning of publication (SEO): Belief me when I say that the best thing that can happen is that your article out the first Google when users seek to solve a particular issue. That is an open tap into your website. To do this wisely use keywords, the URL is friendly, uses tags and get some relevant links pointing to your post. 6- Do not distract the user !: try to be careful not to introduce links to other websites, if you put references, photos or videos that everything is within your website. 7- well the end of the article with a call to action: When you have provided the information needed by the user searches for a way to call for action to be recorded in your database or give a sales page. It is more effective if you use some incentive like a gift (ebook, coupons ..) or a discount for new customers. Once you have built this article only have to promote it to see the impact on the user and correctly measure if you can connect with potential customers optimally. Read More: How To Write An Effective Resume That Get Noticed? How To Write An Effective Dissertation
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