Chief Financial Officer (CFO) Transformation

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In the past, the primary focus of a Chief Financial Officer (CFO) involved ensuring accuracy in relevant reporting, Balance Sheet impacting strategies and Analytics. But since digital transformation has become a matter of great importance to business in recent years, CFOs now have a say in major technology decisions that can directly affect profits. Digital Transformation involves much more than IT. IDC, a global intelligence company, thinks that by 2025, Digital Transformation [DX] spending will be more than double what it was in 2020, reaching $2.8 trillion. Expenditures in digital tools and services will be a major driver of this development. The financial services sectorRead More →

Power of Trust in the workspace

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Why trust is important in the workplace? Well, trust is the weapon that can turn the tide in the favor of an organization. Since employees want to feel valued in the workplace, it is possible only in a trusted atmosphere, where they feel motivated, empowered, and encouraged. Both employees and employers have a responsibility to trust each other so they can collectively resolve issues, take up challenges head on, and solve problems. What is trust in the workplace? It is hard to strive in a tough work environment with unreliable, disengaged, and uncommunicative employees. A low-trust workplace is more likely to have such employees thatRead More →

Build organizational resilience

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In: Blogs, Management

Successful organizations have a well-laid-out process and established routines to get things done. The routines may break down in times of uncertainty or when the company is faced with a crisis situation. Organizational resilience is the ability of the company to anticipate and be prepared for challenges ahead of time that makes adaptation to sudden disruptions easier in tough times. Organizational resilience holds the key to survival of an organization in turbulent times. A resilient organization can: Learn and quickly adapt to the changes and still grow in tough times. Create a preparedness plan and adapt them in times of need. Manage a burst ofRead More →

Diversity in the Workplace

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Diverse at work is a term that refers to a workforce comprising individuals of different races, gender, religion, region, ethnicity, and demographics. People are the powerhouse of a business, and diversity is key to its success. Diversity in the workplace affects your work environment and reputation. Diverse organizations are known to be more adaptable to changes and set themselves as competitive industry leaders. Measuring the unique demographics of the company helps you tracking your growth and success. It also helps understand any inclusion gaps in the workforce. Why Diversity Matters Having a diverse workforce that includes employees from different ethnic and lingual backgrounds can helpRead More →

Diversity in the Workplace

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Now that 2022 is bidding us good-bye, it is the right time to plan for next year’s budget and goals. With your eyes set on 2023, planning should help, especially with the many sectors bearing the brunt of inflation, recession, and interest rate hikes. The need of the hour is to be extra cautious about where to spend money in the next calendar year. Of course, when you want to get the best value from investment, it would help to allocate funds to the right technology. Where To Spend Your IT Budget in 2023 Cloud Cloud-based technologies will continue to grab a major share ofRead More →

Low-code platforms

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In: Blogs, RPA

An increasing number of businesses are making the switch from legacy systems to low-code platforms to overcome the challenges posed by the former. Outdated legacy systems are cumbersome and no longer suitable for present day technical era. As a result, they are hampering innovation and progress, hindering growth, and posing security challenges. Many businesses are leaving legacy systems for tough maintenance, upgrade and support challenges, and difficult integration. In some cases, it is reported that the legacy systems are not flexible or scalable. As a result, they cannot support the present demands of the business. The platform is unstable platform, with too many security challengesRead More →

Navigating the AI Revolution

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In: Blogs, IT Infra

Artificial intelligence (AI) has been around since the 1950s, but the advancements made in recent years have been remarkable. When speaking with organizations about their AI experiences, two common questions arise: “How can I start this journey?” and “What are my next steps?” Whether your organization is new to AI or expanding its enterprise-wide initiatives, advice from AI leaders can be priceless. 1. Creating a Business Case The very first step of the AI journey is not solely technical; it’s about forging a strong partnership with the business,” emphasizes one AI leader. The paramount objective is to deliver tangible value to the company and itsRead More →

Boosting Productivity with AI

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In: Blogs, IT Infra

Imagine a time when ride-sharing didn’t exist. We had cars, passengers, and drivers, but no ride-sharing until smartphones arrived. These devices brought unimaginable conveniences and new industries. Similarly, artificial intelligence (AI) is a groundbreaking technology, transforming how we live and work. It’s an exciting time for tech, and AI can help us improve old processes and create new ones. AI in Healthcare Consider health care. AI is changing how doctors detect and treat diseases. It can analyze thousands of medical images quickly and accurately, meaning earlier disease detection and better lives for patients. AI is for Everyone Every company, big or small, should think aboutRead More →

Transformative Power of SAP

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In the ever-evolving landscape of business, the advent of remote work and the need for digital acceleration have become paramount. This blog explores how SAP, a leading enterprise solutions provider, plays a pivotal role in boosting business agility amid these challenges. The Role of SAP in Remote Work: SAP’s comprehensive solutions enable seamless collaboration, secure data access, and efficient communication, fostering a productive remote work environment. Enhancing Business Agility through SAP: Business agility is a competitive advantage in the digital era. SAP’s innovative tools empower organizations to adapt swiftly to market changes, optimize processes, and stay ahead in the dynamic business landscape. Digital Acceleration withRead More →

SAP Business One

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In: Blogs, Management

The Rise of SAP Business One: From Concept to Action SAP Business One is a business management solution that is designed to meet all the needs of small and medium-sized enterprises (SMEs). This article will delve into the concept, evolution, and significant benefits of SAP Business One, highlighting its crucial role in streamlining operations and empowering businesses of all sizes. Understanding SAP Business One SAP Business One can be defined as an integrated enterprise resource planning (ERP) software that combines various functionalities to streamline core business processes. SAP Business One offers a suite of tools aimed at enhancing financial management, inventory management, sales, and customerRead More →