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 [...]
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 [...]
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 [...]
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 [...]
The major difference between Document Management and Records Management lies in the entity being managed i.e. document or records. Documents are any documents created within an organization or brought into it during day to day business activity. Records are important contracts, tax documents, government, legal notices and documents etc. By this classification, we can [...]
This article is continued from the previous Hypothesis article. In case, you have missed it, please read it to understand the solutions here better. Samuel was not only ambitious but a problem-solver. Once he found the root of all problems, finding the solution was easy. He quickly called a meeting with all departments and [...]
Despite being flexible software for all types of industries, Docsvault is highly favored in the healthcare industry because of its myriad features that go well beyond document management. Docsvault is a 360 degree management tool that helps you save, share, secure and manage heaps of information which is the lifeblood for any organization. In [...]
Human Resources Management is considered as one of the most painful tasks in small business organizations. With HRM directly bearing no effect on profits, small business owners are not able to focus on it effectively. Some hire HR managers to look after recruitment, payroll and employee welfare activities but it still seems to consume [...]
Mobile has gone from being a luxury item that people flaunted to being a necessity and an aspect of business that no organization can afford to overlook. The journey has been there for all of us to see and it is expected to keep going down the same path for a foreseeable future. Almost every [...]