No one disputes the value of informed decisions in today’s business world. Gone are the days of guessing through and groping in the dark while making decisions, either through the lack of actionable information or the lack of tools and resources to manage the organization’s data and gain actionable information. Organizations today rely more and […]
Business Intelligence for Everyone – Part One Read More »
In the second part of this post, we’ll continue where we left off and see some more benefits of reverse auctions for buyers and sellers. Not constrained by location: Even though they would like to bid for a contract, many suppliers are often constrained by their locations. With reverse auctions conducted using online procurement software,
Benefits of Reverse Auctions for Buyers and Sellers – Part Two Read More »
In the previous posts in this series, we have been taking a deeper look at Document Management Systems (DMS) and trying to dispel any concerns anyone might have about them. In this post, we’ll be looking at a few tips that help users use it to their advantage and get the best out of the
Online Document Management Software – Tips, Concerns, and Considerations – Part Three Read More »
Reverse auction, the process by which an organization purchases its raw materials or supplies, is being adopted by more and more organizations today. A system where the traditional roles of the buyer and seller are reversed, in a reverse auction, the supplier’s bid for a chance to fulfill a buyer’s requirements instead of a buyer
Benefits of Reverse Auctions for Buyers and Sellers – Part One Read More »
An electronic signature software or e signature software solution allows organizations to obtain signatures on electronic documents instantly, thereby automating their manual business processes and removing the need for manual effort. Apart from increasing the efficiency of the process, the deployment of this software also helps organizations provide better service to their customers, especially if
How Electronic Signature Software Improves your Customer Service Read More »
Online expense report software is a business management application that allows organizations to streamline and simplify their entire travel and expense management processes. It can be scaled up to meet the needs of organizations of all sizes and is comprised of several additional modules that can help accelerate several tasks. Here are some reasons why
Why you should Deploy Online Expense Report Software Read More »
As I showed in the last post, one of the biggest benefits of online business intelligence software is that it can help with the democratization of data and expertise. In this post, we’ll look at some more. Data-driven decisions: The English business magnate Richard Branson once said, “I rely far more on gut instinct than
How Online Business Intelligence Software can Benefit your Organization – Part Two Read More »
In a previous post titled ‘What Hercules’ second labor teaches us about procurement fraud,’ we equated procurement fraud to Hydra, the many-headed monster that Hercules had to slay and concluded that to eliminate it, instead of tackling each individual case of fraud as it occurs, organizations have to take steps to cut off the scope
Rooting Out Procurement Fraud – Part Two Read More »
In this series of posts intended to holistically look at online Document Management Software (DMS), we started last week by looking at some concerns that organizations have about this solution. We’ll continue the same in this post. We need to hire more IT guys: One reason many organizations stay away from technology is the concern
Online Document Management Software – Tips, Concerns, and Considerations – Part Two Read More »
To put it simply, an invoice is a bill. You fulfill your customer’s need with a product or a service and you present him/her with an invoice to receive payment. Immediate payment of invoices is not the norm; it generally takes about 30 – 60 days for an invoice to be paid. If a customer
Details to Remember while Sending Invoices Read More »
