Friday, April 26, 2024
Computers and technology have transformed the accountancy sector. Digital accounting – carrying out financial management and reporting in an electronic format – is the new norm. Advancements in technology mean accountants can report on and interpret data much faster and more efficiently. This has changed the face of accountancy, allowing […]
Managed IT services refers to a practice where a business decides to delegate their IT support to managed service providers who are expert third-party IT service suppliers. These third-party organisations specialise in the maintenance of IT functionalities and equipment. The customers pay a monthly fee for obtaining the unlimited IT […]
Generally, we do a lot of activities in our day to day lives, and all these activities have different priorities. This means these activities should be accomplished in a specific order. In business also there are certain tasks to undertake, in stipulated time and that too in an efficient manner. […]
What is a Smart Contract? A smart contract is a program in the computing world that executes the contract established between the parties involved. The self-execution part of the contract comes into play only after specific conditions are met, which have been discussed between the parties involved in the contract. […]
One of the most important recent developments in the information technology industry is the rise of nearshore outsourcing, which allows companies to outsource key software development tasks to talented software engineers located in the Western Hemisphere. Many executives view this as a superior alternative to traditional outsourcing firms located in […]
Over the years, clinical research and development has transformed the face of disease management. It has provided critical information that facilitates decision making for policy makers, regulators, product developers, and insurers within the health sector. However, the success of any clinical research relies on correct generation, and collection and analysis […]
The management consulting industry has significantly expanded over the past few years. You could attribute this to various impactful elements, including technology, change in regulations, artificial intelligence, and the blockchain. At the same time, you can notice multiple trends in management consulting industry. Some of the trends transforming management consulting […]
AEC fraternity is aware that Building Information Modeling (BIM) enhances efficiency and users are bestowed with several benefits. BIM users have realized the potentials of BIM in form of cutting down on the rework by re-keying information into BIM ready 3D models or making changes on the construction site. However; […]
The internet continues to be a cornerstone of advancement both in the society and businesses today. The Internet of Things aims to make everyone more efficient by serving a standard connectivity in order to leverage data, implement interpretations, speed-up decision making, and work speedily on new business trend as soon […]
1How much loss do you think a business firm takes during stock-outs of certain products? With the inception of e-Commerce, customers expect their desired products instantly. Potential customers trust reputed companies that make products ‘available’ in their stores. Evidently, a seamless inventory management system forms the bottom-line of e-Commerce businesses. […]
Business Intelligence (BI) analytics has become a lucrative profession with great demand in the corporate, government, and non-profit sectors. In the good old days, companies used to calculate figures based only on speculation. However, from the 1960’s, the demand for inclusive and comprehensive data analysis has increased manifold. Today, big […]
The Internet has become an indispensable communication tool. As demand for greater connectivity with greater bandwidth keeps rising networks more and more businesses are using the Internet to reach customers and clients via, corporate websites, emails, and social media platforms. Gone are the traditional ways companies, firms and corporations conducted […]