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,
CONTINUE READING

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
CONTINUE READING

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
CONTINUE READING

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
CONTINUE READING

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
CONTINUE READING

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
CONTINUE READING

Inventory Management & Field Service Integration – Why It Is Important

Inventory and Warehouse Management remains one of the most mismanaged components of Field Service. Since most business functions have gone mobile, integrating this process can achieve greater efficiency, productivity and customer satisfaction. To understand how mobilization and integration can improve inventory management, we must first understand the inventory issues currently burdening service departments. The most
CONTINUE READING