Innovation is a central component of the manufacturing industry. It can take many forms and address many functions. It can be a simple tactic for improving shop floor operations. It can be a concept for a new type of product or service. It can be a revolutionary approach that completely disrupts the way you do business.
Blog Topics: Technology trends, Enterprise Resource Planning ERP
Psychometric assessments are used to evaluate the candidates’ skills, personalities, attitudes, and knowledge. They typically contain multiple choices to save time for both the recruiters and the candidates. This type of assessment is sometimes performance-based and evaluates likability where the candidates need to solve different kinds of numerical, graphical, and verbal problems.
Blog Topics: Talent Management
Entry-level recruitment, though brings tremendous benefits, the process still presents some unique challenges. Some of the most common entry-level recruitment challenges facing companies today are the lack of qualified candidates, high turnover rate, and generational differences in the workplace.
Blog Topics: Talent Management
In today’s modern business environment, accounting is not solely about getting the numbers right anymore. It is how the data generated from accounting can contribute to decision-making, and thus drive growth. The same applies to accounting for hotels.
Blog Topics: Hospitality solutions, Financial Accounting Management Software
For manufacturers, one of the top priorities is to maximise the machinery life cycle. As sudden machinery breakdowns can lead to downtime and expensive reparation. Consequently, manufacturing businesses have to look for a solution to reduce the maintenance cost and increase the equipment uptime and availability.
Blog Topics: Technology trends, Enterprise Resource Planning ERP
Financial analysis dates back centuries, at least to the codification of double-entry bookkeeping in the 15th century. The analysis of balance sheets and income statements has long served as the basis of credit and lending decisions.
The discipline of management accounting developed in the early 20th century as a way of using accounting data to keep corporate executives and managers informed about what happened or is happening and why.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
A survey of more than 1,000 American adults was conducted in August 2012 by Wakefield Research and shows that while the cloud is widely used, it is still misunderstood. For example, 51 percent of respondents, including a majority of Millennials, believe stormy weather can interfere with cloud computing.
Nearly one third see the cloud as a thing of the future, yet 97 percent are actually using cloud services today via online shopping, banking, social networking and file sharing. Despite this confusion, three in five (59 percent) believe the “workplace of the future” will exist entirely in the cloud, which indicates people feel it’s time to figure out the cloud or risk being left behind in their professional lives.
Blog Topics: Cloud Computing
With the advent of new consumer technologies, information asymmetries have been eliminated from consumers’ shopping experience. Today’s shoppers are less brand-loyal. They jump from retailer to retailer to find the best price, the best products, and the best services.
However, existing customer management programmes have provided retailers the view that the top 30% of their customers account for approximately 75% of their sales (Imlay, 2006). Thus, an effective customer management programme helps retailers stand out in a highly-competitive environment with benefits such as:
Blog Topics: Retail Management System
In recent years, HR managers and recruiting professionals have been putting more focus on improving the employee engagement, one of the most critical talent management topics that have a significant impact on the success of a business. Employees who are highly engaged with their employers can help to maximise a company’s investment in its people, improve productivity as well as reduce costs.
Blog Topics: Talent Management
Many organisations have been successfully cultivating high-quality future leaders through their management trainee programs. The programs not only provide immense credibility and experience to the trainees but they also have certain positive impacts on the organisation. And a well thought out management trainee program can guarantee to give your business a better head start over the competitors by having a well-trained team.
Blog Topics: Talent Management
Rick Yvanovich
/Founder & CEO/
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