Businesses depend on supply chain departments to take care of the logistics and meet customer demand at the lowest possible cost. Therefore, an active supply chain function in a company ensures overall business continuity and success. To do this companies rely on IT and Supply Chain Integration. In today’s time, you need to supply chain technology …
Financial management according to Management Study Guide is “planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to the financial resources of the enterprise.” Today businesses use financial management software for their financial operations, to track their accounts, generate accounting …
The banking industry is adopting emerging technologies to make their digital banking experience more efficient. These technologies include Chatbots, Cloud computing and APIs, Blockchain, Artificial Intelligence, and Machine learning. Digital transformation in banking simply refers to banks providing online and digital services to their customers. However, it is much more than that because implementing these …
Technological growth is impacting every area of our life. Today, all business organizations are utilizing information technology to their advantage. Therefore, we can see there has been sufficient IT growth in healthcare. There are many advantages to this, for example, high efficiency, reduced costs, and an improvement in overall health facilities. This technology is benefiting …
There has been a lot of development in the agriculture industry in the past few years. Technology has transformed the way farmers work. There are many challenges that farmers face these days including climate change, population growth, and urbanization. Here are some of the ways technological advancement is impacting the agriculture industry. Big Data, Insights …
A business is successful if all departments work together perfectly. These include finance, IT, marketing, sales, human resources, and operations. It is important to manage your business operations well because if it fails, other departments fail along the way. Here we have compiled a list of steps you can take to organize your business operations. …
Digitization and technological advancement is changing the way we shop. During COVID-19 there have been more innovations to keep retail businesses running. Some retail technology trends come and go but some are there to stay long term. We have identified five such trends and listed them down below for you. Machine Learning Data is an …
By now we are now familiar with the emerging healthcare technologies. Hospitals use IT to improve their daily workings. In addition, it leads to an increase in security and compliance in healthcare. Did you know that now you can manage your health using mobile healthcare apps? Anytime and anywhere you want. Taking care of yourself has …
Several businesses use FinTech nowadays along with cybersecurity, crypto-currencies, stock investment, and blockchain technology. Retail banks often use it. These organizations rely on good Financial Management Software to manage their operations. COVID-19 pandemic changed the way services sector organizations worked. FinTech companies were able to manage their daily workings well even during the pandemic. The …
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