Many experts claim that their decisions are based on experience and they cannot go wrong. Practitioners and managers in almost every field make decisions and judgments. The decisions actually use a lot of evidence. If the supporting evidence is of poor quality then the decisions made also tend to be poor and risky. Using more…
Midmarket firms often have complex operations. They have already automated their system of functioning through ERP implementation. Such firms have invested reasonable amount of money in ERP solutions but with growing pressure from rivals and increasing customer base, it has become imperative for them to evolve their solution.
HRMS has been playing a major role in business transformation. It helps the managers to take strategic decisions. Organizations have legal obligations which they must fulfill to keep their business running and avoiding penalties. The obligations can be related to pursuing fair trade practices, maintaining conducive working environment for its employees, and obtaining necessary certifications…
ERP implementation brings about a major change in the organization. As compared to traditional ways of functioning, ERP is a new age system to enhance integration through more inter-departmental connectivity in the organization. Many business owners fail to recognize the after-effects of implementation. A sudden change can hamper the usual operation thus leaving your customers…
Order management is a crucial process for any business to make sure that you deliver all customer orders in time. Order management is a process starting from generating purchase order till the final delivery of the product. The entire order experience for the customer should be free from hitches. Customers should be able to track…
The employee handbook is a book given to the employee by the employer which contains rules, guidelines and company policy. A good employee handbook is a mark of professionalism of a company whereas a bad one can generate flak. It helps to maintain a good employer-employee relationship by clearly setting out policies and ruling out obfuscation….
ERP software collects and stores plenty of information in the servers daily. It is practically not possible to delve into the information silos manually. Approximately 85% of the data is unstructured, like social media and other online sources. The only way to look at the information is through business intelligence. With business intelligence, you don’t…
Motivation is important to keep a check on the attrition rate and enhance productivity of the organization. Monetary incentive is not the only way to motivate. Monetary incentives can be given once in a while and they are not enough to keep employees motivated all around the year. Typically, true motivation comes in from non-monetary…