Today, crucial business decisions are made based on data analysis. Because organizations know that the data-driven decision is the path to creating a successful business. But the growing volume of data is increasingly challenging the competency of organizations over maintaining the data integrity. Also, it has become quite necessary that organizations make data entry operations […]
Category: <span>Outsourcing</span>
Will IT automation steal our jobs or open up new opportunities, this question has taken one thing, and that is how the global digital economy would embrace the changes. The future of the digital economy is to be automated whether businesspersons like it or not. And they have to embrace the change gracefully to stay […]
Entrepreneurs, businesspersons think outsourcing as the ultimate cost-cutting and production optimizing solution. They outsource their IT tasks to third-party agencies that are miles away without feeling intimidated because they are trending, the outsourcing is trending. But not every time the trend shines or gives what best for you. When a company decides to outsource just […]
Every organization publishes the annual report of the preceding 12 month period at the end of fiscal year. This official report will be then sent to the respective shareholders and other prospective investors who may be interested in the annual performance details. The annual report defines numerous parameters and one of the important components that […]
The ways people do business differ considerably. Outsourcing has become a driving trend, while insourcing is fading in the background. Entrepreneurs call outsourcing a privilege, while businessmen define the process a strategic business tactic. So, how do we account for this? This blog post will provide the stark difference between outsourcing and insourcing, allowing us […]
Global economy relies on data; the growth of your organization depends on the data and information that keeps generating every day. Standard firewalls have become immune to the attacks leaving your business data vulnerable to cyber security attacks. The importance of data security cannot be understated as they can make or break the business. Cybersecurity […]
An entrepreneur with software background has a lot to worry if he has just started out and has to work on numerous back-end operations. Hiring in-house resources may not particularly be in his dairy as capital becomes one of the most crucial resource elements if he has just started out. This is where outsourcing comes […]
We are about to step into 2018 and we are still thinking a lot, a lot about outsourcing. The process is growing, still growing and has few trends that might prove challenging for outsourcing service companies. The following figures clearly tells outsourcing is here to stay and will be more stimulating in the future, 59% […]
Uncertain market conditions and the need to remain competitive are pushing entrepreneurs to get exhaustive and over-worked. Again, greater care is taken, where entrepreneurs running small and medium scale businesses are seen working towards saving the expenses against generating revenue. According to OECD.org, SMEs fail to meet international requirements from the lack to finance themselves […]
Accounting standards differ for each country and not to mention it has done nothing to reduce the friction organizations face while preparing financial statements for cross-border business dealings. The need to create financial statements is defined by many terms. The modern economic system demands global participation, but the issues concerning standard accounting principles created differences […]
