Ways to Reduce Data Redundancy

Data gives businesses the ability to make effective decisions based on facts rather than speculation. With the right data on hand, businesses can make informed decisions that can further growth and success. This is the power of data; it can make or break a business, depending on how well it is used. When it comes
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Integrating Data in Healthcare: What do we need to know?

The medical industry heavily relies on data integration to improve established healthcare models. Additionally, data integration strategies in pharma are being leveraged across all levels of the value chain, from invention to manufacturing to commercialization.  Only 56% of healthcare units are able to utilize all of their data streams effectively. This means that nearly half
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Driving Order to Cash Success with Automation

Order to Cash Definition As you might know, ‘Order to Cash’ (OTC) is a common and important Financial as well as  Sales&Distribution integration scenario; In this blog post, I will walk through the simple ‘Order to Cash’ steps. The generic term thus encompasses many different sub-processes. These include the receipt of the customer order,
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Automation in Sales Process

Sales Process Sale is a complicated profession with many competing tasks that distract from revenue-generating activities. A new study of more than 720 reps shows that today’s salespeople are spending the majority of their time on activities other than sales. Nearly two-thirds (64.8%) of reps’ time, on average, is spent in non-revenue-generating activities, leaving only 35.2% for
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Automation in HR Process

Human Resource system Human Resources (HR) is a critical strategic function in a modern-day enterprise that is regularly evolving and adapting to the corporate world’s ever-changing landscape. With evolution comes new HR processes that can be long, tedious, and time-consuming in the initial stages of framing them. In their current form, all HR processes
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Automation in Accounting Process

Manual Accounting process and its challenges Even today, in many firms the accounting process is manual, which involves repetitive tasks like Manual data entry into a computer, Manually reconciling bank statements, Paying suppliers one by one, Producing financial reports in a spreadsheet, and chasing after documents from your client. Different studies show that as much
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Advantages of Cloud Data lake

Introduction “Big data” is as much an idea as a particular method or technology, yet it is an idea that is enabling powerful insights, faster and better decisions, and even business transformation in many industries. In general, big data can be described as an approach to extracting insights from very large amounts of structured and
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5 Ways to Reduce Risk of Data Loss

An organization’s data provides both opportunities and challenges for new designs that best converts raw data into clear, actionable information.  With the digital transformation of organizations, new technologies like advanced analysis, performance intelligence, and machine learning have become critical to their long-term success.  Thus, to build that future, it is now more important than ever
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