Gone are the days when procurement procedure and managing the suppliers were primarily restricted to a purchase system. In recent times, as the global economy has changed, procurement is now a deeper process. Having a robust procurement management system helps a company in many ways. Streamlining the source-to-settle process is otherwise an onerous task. Automating…
Research has consistently shown that employee self evaluations are necessary for professional development. Many studies also point out the fact that self-evaluation can help companies to become productive overall. In other words, employee self-evaluations can help not only the employees in question but also the organization in which they work. Unfortunately, both managers and employees…
Handling employee time off request is indeed a critical job for every HR professional. As easy as the job may sound, in reality, it is equally frustrating because the simple decision of yes or no depends on the analysis of the human resources available for the time of request period asked for. Once a time…
Every entrepreneur faces a sort of perplex while planning for customer success. Whether to put more effort into customer acquisition strategy or focus more on generating new leads and turning them into customers, the choice is immensely critical. In this blog, we intend to discuss the importance of a competent customer acquisition strategy and how…
Data archiving is done in order to free up space by storing unused but important data elsewhere. Usually, older data that isn’t frequently used is stored in cloud storage systems that are affordable and accessible. ERP takes this one step ahead by identifying the kind of data that needs to be archived and keeping only…
Many years ago, people just looked at their watches and decided the number of hours they dedicated to a project. Today, it is just not necessary and a tad too outdated as well. Time tracking applications help clients and vendors to bill and be billed accurately. There have been instances of not being billed accurately,…
A large number of organizations have begun to hire freelancers and remote workers for their requirements. Freelancers and remote workers account for a majority of employees or contractors in most modern startups and companies. There are several reasons for this. Rising costs of labour difficulties in procuring talent, and impermanence of requirements are all reasons…
Customer value management is one of the most essential elements of modern marketing and management practice. Interestingly, in the last few decades, we can see considerable growth in this approach. But what is CVM or customer value management and why is it so important? Let’s find out. What is Customer Value Management? Customer value management…