One of the biggest organizational challenges is acquiring and retaining millennial workforce. Many organizations have found that free coffee and motivational posters doesn’t work the hard way. U.S. Chamber of Commerce, however, found a way to solve this. According to the Chamber of Commerce, 3 out of 4 millennials choose work-life balance over other career [...]
Staying on top of documents, tasks and emails have been a challenge since years. However, now it is time we do not let a ton of documents and emails get the better part of us. We will discuss 5 tips here that will help you manage your documents and document tasks effectively. 1) Zero Tolerance [...]
Any manufacturing unit of a retail business accounts for the typical costs of working with material acquisition, production cost, shipping, and so on. But what about the ‘in between’ costs - the costs that occur while you are trying to complete a task? Most businesses often have overlooked costs while managing workflow – hard [...]
Show me a house that is built without a blueprint. Nuts, isn’t it? If it seems so implausible to make a house with a blueprint, why implementing DMS without a plan doesn’t? Robert McDowell in his book ‘In Search of Business Value’ very aptly said, “Technology provides no benefits of its own; it is the application of [...]
Docsvault, a hugely popular, versatile and powerful document management software, was recently reviewed by FinancesOnline.com which is considered to be among the trustworthy portals for authentic software reviews. In the review of Docsvault a brief overview of the app’s features was given along with the major benefits of the software. They also mentioned 3 [...]
In a perfect world, enterprises wouldn’t be struggling with mountains of data nor having problems extracting value from data. But it isn’t a perfect world and enterprises are struggling with these problems.According to Mike O'Rourke, IBM's VP for business analytics there are some kinds of data that get valuable over time. However, not all data [...]
Productivity and Profitability Analysis with DocsvaultFor every business, improving process and productivity is a constant and inevitable challenge. We have a number of tools that help in the mapping process, quality, and productivity in various industries. These tools help us to gather data and analyze them to track productivity.For instance, labor productivity reports can help [...]
Companies around the globe are in a perennial race to be more successful and invest heavily in new technology and talented personnel to achieve that end. This strategy has been slightly affected in these times of global recession and cautious recovery. Now, companies have grown a natural instinct for cutting expenses, saving money and sticking [...]
Information sharing and management has become one of the leading concerns of medium-sized and large enterprises. From security concerns to information management during times of crisis, companies need to be prepared at all times. They need to have strategies for operational crisis, financial crisis, legal hassles and social media stupidities. The recent example of bad [...]
Every organization, at some point, needs to delve deeper and gain insights on their projects to understand where they stand. From NGOs to large organizations, every business is involved in time-sensitive projects that need to be intermittently examined. Here are some interesting facts about project reports. According to Chaos theory, only 50% of project managers [...]