Are you looking for ways to improve the accounts payable system at your company?Before the advent of the digital age, accounts payable was a paper process. It revolved around receiving invoices and writing out physical checks.In today's digital age, the accounts payable department of many businesses is paperless. It...
What’s the real benefit of using data analytics in healthcare? The end goal should be to improve the functionality of hospitals and develop better treatments. In both of these scenarios, patients should receive better care at a more affordable cost.It’s no secret...
Identity management is the term used to define the process of managing the digital identities provided to all employees within an organization. It has become an essential component of IT security, especially since the introduction of the GDPR in Europe, and more and more businesses are looking to step...
What is Big Data?This is a term used to describe the enormous data sets that can be collected and analyzed computationally to expose the underlying patterns of associations and trends in businesses, especially regarding human behavior and their consumption trends. It has been described as the oil of the...
Learning to be a leader is a lifelong task. Not only are there new lessons to constantly be learned about working with and leading people, but there are also new tools being constantly developed to help leaders manage their lives and businesses better. Here are some ways leaders can...
Right now, data is more important than ever. Sure, it’s always been a key resource that we can turn to in business, but you will find that in today’s digital market, there are so many more options available to you that use data to better your business. But how...
Online privacy is a growing concern for both consumers and businesses. As an entrepreneur, you need to have a two-pronged approach to data privacy. You need to safeguard your own data to prevent financial losses, shield your entity from lawsuits and protect your intellectual property. You must also have...
Data management solutions of the past leave a lot to be desired in today’s fast-paced business environments where competition is fierce, and time is critical. Manual data collection is painfully slow and cumbersome for those responsible with creating and storing records, is sometimes inaccurate or incomplete due to human...
Though spending on cybersecurity creeps ever higher - this year reaching more than $96 billion worldwide - too many businesses are unknowingly compromising their security efforts with mistakes at their endpoints. An endpoint is any device connected to the business network, and by ignoring endpoint security, businesses are essentially...
Customer segmentation is a fundamental aspect of marketing for any business. Focused segmentation helps organizations build sharp communication strategies and optimize their marketing campaigns.Since commodities can hardly be differentiated, an efficient marketing strategy becomes a competitive advantage. It helps firms sustain their business over a long period by creating...