5 Advantages of Technology for Non-profits and NGOs

5 Advantages of Technology for Non-profits and NGOs

Non-profits and Non-Governmental Organizations (NGOs)are increasingly looking for ways to improve services provided as well as creating an impact in their society. Seeking to grow and expand, these organizations have taken a cue from the for-profit corporations with the goal of achieving comparable efficiency gains, thereby supporting the growth of their mission. Donors want non-profits […]
7 Must-Have Features for a Food & Beverage ERP system

7 Must-Have Features for a Food & Beverage ERP system

The food and beverage industry is highly competitive. Food and beverage businesses must remain agile and leverage innovation to meet customer expectations and stay relevant in the industry. An Enterprise Resource Planning system designed specifically for food and beverage companies can increase the odds the company not only achieves these goals but thrives as well. […]
How the CFO defines their role in Technology Decision Making

How the CFO defines their role in Technology Decision Making

Historically, a CFO focuses on compliance, reporting, cash flow management, budgeting, and similar internal aspects of the organization. However, with technology impacting more business functions, CFO roles and responsibilities are changing too. A CFO has to play an essential role in technological decisions, as they impact the business’ bottom line. The CFO is no longer […]
The Top 5 Accounting Challenges of International Expansion

The Top 5 Accounting Challenges of International Expansion

Businesses expand globally to increase their revenues and profits. Digital transformations, necessary to keep pace with rapidly changing business environments, enable companies to successfully navigate their global expansion. However, international growth is a big step for any business, large or small, and it comes with its fair share of challenges. These challenges must be addressed […]
Financial Agility through AI Revolution

Financial Agility through AI Revolution

The pandemic ushered in business-wide digitization. Also, given the scarcity and resource crunch, it became essential to have financial agility in the system. Companies turned to technology to help them track, manage, and control their finances effectively. Hence, from now on it would be advisable for companies to look for future-ready solutions. Artificial Intelligence-based or […]
Building an Effective and Efficient Sales Workforce in the New Normal

Building an Effective and Efficient Sales Workforce in the New Normal

The pandemic has resulted in a seismic shift in the buying processes of companies. The customer experience across multiple touch points for various digital channels has replaced the in-person sales interactions. Sales professionals have to transform themselves and learn new skill sets to be effective and efficient in this scenario. Also, the digital way of […]
Managing your Supply Chain under the New Normal

Managing your Supply Chain under the New Normal

The pandemic disrupted the global supply chain. China was the world’s manufacturing hub prior to the outbreak of CoVID-19. The virus outbreak and its subsequent spread has severely impacted the global supply chain exposing its many vulnerabilities and has had a massive economic impact. All businesses realized that a change in the supply chain processes […]
Bridging your heterogeneous applications for Fintech

Bridging your heterogeneous applications for Fintech

Fintech companies use technology to streamline financial services by automating certain processes. Multiple technological applications help achieve this. For this to be successful, these different applications should be able to share data with each other. Let us understand this with the help of an example. Consider that a business uses a payment gateway to collect […]
Softype tips for streamlining the purchasing or procurement process

Softype tips for streamlining the purchasing or procurement process

Procurement and purchasing are business-critical processes. A business can significantly enhance its bottom line by optimizing these processes. While many companies use the two terms interchangeably, purchasing is actually a subset of the entire procurement process. Procurement is a process that involves several of the following activities:  identifying the need for materials sourcing materials managing […]