Will Fintech Usher in a New Era of Contract Management?

For the last few years now, blockchain technology has continuously disrupted the way companies do business, especially in the financial industry. More than just the foundation for cryptocurrency investments, however, blockchain technology has completely innovated everyday processes and the supply chain efficiency of businesses in nearly every industry.One such industry where blockchain and the distributed ledger is starting to make an impact is in legal services. New disruptive technologies are beginning to transform the way legal departments and law firms handle their business processes, and blockchain is becoming the new standard in contract management, efficiency, and uniformity
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6 must-have cybersecurity tips for your organization

Regardless of the size of your organization, risks to your data are everywhere. Over the last several years, cybersecurity crimes have cost companies millions of dollars annually in destructive system damage and data corruption. Today’s modern businesses need to stay diligent as they effectively combat the latest online threats. Here are six must-have cybersecurity tips to keep your business protected.

From email to social media, what happens to data after you die?

Most of us maintain a sizeable online footprint of email accounts, social media profiles, data storage, and digital media licenses. Having unrestricted access to data is incredibly convenient, but most people don’t stop to consider, “What happens to data when you die?” To help you gain a better understanding of this concept, here’s a simple overview of digital asset management and how the death of an individual can impact it.

What Stage of Digital Transformation Is Your Business Currently In?

There are six stages of every digital transformation that can help your business stay on track for successful implementation. In today's rapidly changing digital landscape, business evolution is a necessity for growth and sustainability. While many companies are quick to accept this understanding, it can still be difficult to effectively plan and execute these changes successfully. Thankfully, a series of blueprints have been developed for organizations to follow when modernizing their business processes. Here are the six stages of any digital transformation as identified by Brian Solis, Principal Analyst at Altimeter, and how to identify your company's progression towards a better DCX (Digital Customer Experience).

Cloud Tech: The Next Chapter for Contract Management

Cloud-based applications and working environments offer unparalleled amounts of flexibility when it comes to handling day to day operations. The improved versatility that hosted solutions and cloud-based services afford has led to many companies pursuing a complete digital transformation of their business model, significantly changing how they work with their clients on a daily basis. This change is especially prevalent in legal organizations who have adopted newer, more innovative ways to manage their contracts. Over the last several years, cloud computing has come a long way in providing organizations with better and more efficient ways to manage their businesses.Here are three ways that cloud-based contract management solutions are continuing to shape the way legal departments do business.

Will Fintech Usher in a New Era of Contract Management?

For the last few years now, blockchain technology has continuously disrupted the way companies do business, especially in the financial industry. More than just the foundation for cryptocurrency investments, however, blockchain technology has completely innovated everyday processes and the supply chain efficiency of businesses in nearly every industry.One such industry where blockchain and the distributed ledger is starting to make an impact is in legal services. New disruptive technologies are beginning to transform the way legal departments and law firms handle their business processes, and blockchain is becoming the new standard in contract management, efficiency, and uniformity

4 Reasons Why Performance Engineering Is Vital for your Business

As modern technologies have continued to advance along with customer expectations, developing successful software programs and applications now means much more than just writing bug-free code. There is now a much higher demand for user-friendly and scalable interfaces that perform well right from their launch. Performance engineering makes addressing these needs much more efficient for software development teams. Performance engineering gives teams more flexibility to optimize their software performance while automating many development processes. With a concentrated focus on application performance and UX design through all stages of development, performance engineering can ensure quality and stability during integration while significantly improving an organization's bottom line. Here are four main reasons why performance engineering is vital for your application, and ultimately, your business.

VDR Options When Raising Capital in a Digital Landscape

For aspiring entrepreneurs and startup companies, knowing how and when to raise capital for their businesses can be a challenging endeavor. This challenge only becomes compounded when you consider the dynamic digital landscape that all companies are required to navigate. Now more than ever, there is a growing need for companies to be able to provide secure and easily accessible information to their potential investors while minimizing lead-times through seamless virtual data exchanges.VDRs (Virtual Data Rooms) have been a popular choice for growing businesses when it comes to organizing and sharing documentation that helps support strategic investments. These document sharing systems provide a secure, centralized location to manage on-demand access of business reports, contracts, and agreements, and create a more productive environment when it comes to coordinating fundraising rounds and business acquisitions. However, when raising capital for their business, some may feel that taking the time to invest in and manage a VDR might be an unnecessary expense, especially considering the number of file exchange systems to choose from. While this may be the case, it's important to understand the difference between VDRs and other file-sharing programs and when a VDR makes the most sense for deployment.

Why Training is Crucial When Deploying a New ERP Solution

As businesses begin to evaluate their growing needs, many view system upgrades and improved operational effectiveness as high priorities. To support business sustainability and growth, most companies choose to integrate ERP (Enterprise Resource Planning) solutions into their infrastructures, allowing them to scale effectively. Small Business Cloud Accounting Software and ERP systems, such as SAP Business One from Key Business Solutions in Sydney and Brisbane, can be a real game-changer for any organization. By implementing these real-time Cloud ERP solutions, businesses can create a cloud-based working environment that centralizes all of their internal and external operational processes. However, while the adoption of these systems can bring numerous benefits to an organization, it's important that team members receive adequate training on how to get the most out of these advanced solutions. Here are three reasons why training is essential when deploying a new ERP solution.

The components of Digital Transformation - why your small business needs a digital core and more!

In today's fast-paced digital landscape, the need to innovate in both business strategy and execution has become paramount for companies of all sizes. While this corporate adaptation can take many forms, digital transformations have been the primary solution for businesses wishing to scale their operational abilities. The idea of a digital transformation in the business world is relatively universal, though the term itself can be translated and applied differently from one organization to anot

Why page speed and load times are important for your website

Most people know that maintaining an online presence is an essential part of building a thriving business. This is why so many companies invest in developing informative and useful online interfaces for their customers to engage with while generating SEO campaigns to attract new visitors. Recently, however, there have been new developments in how search engines like Google value certain websites and rank them accordingly, especially ones who don’t meet their standards when it comes to catering to the overall user experience. Now, more than ever, website load times and navigation speeds play an essential role in the sustainability of your website and how it ranks in the search engines. Here are three reasons why this is the case.

On-Premise Solution or Cloud? Here’s Why Cloud Takes the Cake.

Adopting an ERP system into your company infrastructure can be an intelligent and incredibly valuable business investment. Not only do enterprise solutions automate many of the processes your company does on a day-to-day basis, but their level of operational efficiency paves the way for further company development and sales growth. However, when implementing new ERP systems, you'll inevitably be left with the decision of either building your system on-premise or using a cloud-based solution. Hosted ERP systems have many benefits over traditional on-premise solutions and can be an excellent choice for businesses of varying sizes. Here are a few reasons why you might want to consider hosting your ERP on the cloud before developing an on-premise solution.

Hot-Topic Breakdown: Usability

Big corporations aren’t the only ones improving their operational abilities with Enterprise Resource Planning (ERP) solutions. Small and medium-sized organizations are recognizing the benefits and need for solutions as well. These solutions are the next big step for businesses in need of greater efficiency. Better automation strategies actively support the company’s ability to scale. You already know this as an SAP Business One customer. You’ve already made that call. But how can you get even more out of your cloud ERP solution? Employee adoption plays a significant role in the successful deployment of an ERP system. User Experience (UX) Design is a term that is commonly used when deploying new enterprise software solutions. The term is directly associated with the user’s ability to fully understand the purpose of the software and how to make use of it “effectively.” Usability is a determining factor in whether an ERP system will bring the ROI the company hopes for and shouldn’t be taken lightly. Here are four reasons why you should consider usability when enhancing and upgrading your SAP Business One solution:

5 Ways an MSP Keeps Your Technology Healthy

As companies begin to improve their operations and scalability, the adoption of new software and other advancements in their infrastructure become a necessity. However, while new technology implementation can undoubtedly help companies stay productive, properly maintaining those business enhancements can sometimes be challenging. MSPs (Managed Service Providers) are an excellent solution to businesses wishing to improve their software and hardware solutions but also keep them up-to-date and operating efficiently. Here are five ways that MSPs can keep your technology healthy and continuously enhance your company’s infrastructure.

How to Encourage Employees to Take Breaks | Corovan Business Moving

When it comes to maximizing your team’s productivity and creativity, very few methods are as effective as implementing a healthy schedule of breaks throughout the day for your employees. Although the idea of incorporating more downtime might seem counterproductive for a company, there has been growing evidence that shows more breaks for employees lead to less stress and exhaustion in the workplace, maximizing overall productivity. In fact, studies have shown that the highest-performing workers are ones that incorporate 17-minute breaks after every 52-minutes of work. But how can employers balance their employees’ workloads with the need to incorporate breaks throughout the day? Below we will address eight different ways to promote additional breaks for your employees and how changes to the office environment, improvements in your company culture, and increased flexibility can help maximize their productivity over time.

SAP Business One Cloud vs. Traditional Accounting Systems

For years now, accounting software like Xero or Quickbooks has been the go-to solution for smaller businesses looking to organize their financials and necessary reporting requirements – and for a good reason. Both programs have a long record of reliability when it comes to out-of-the-box entry-level accounting solutions. However, as companies begin to grow, the need arises for something more advanced than just an accounting system allowing organizations to monitor and manage other important aspects of their business. As a result, many companies have chosen to upgrade their basic accounting software to a more versatile enterprise resource planning (ERP) solution like SAP Business One Cloud.

The Field Service Business Owner's Guide To Taking a Vacation

There is nothing more terrifying to a small business owner than the idea of shutting off their phone and going off the grid. When you’re in charge of a field service company, taking a vacation for any amount of time can feel like a recipe for disaster. However, at one point or another, the need to disconnect and unwind eventually outweighs the worries associated with taking time off work. When this inevitably happens, there are some tips you can follow to get the most out of your vacation while ensuring your business continues to run itself efficiently.

5 Signs That It's Time to Partner with a Managed Service Provider

During the crucial growth stages of any business, it is an inevitable reality that internal team members will eventually start to feel the pressure of adapting to new processes that support the company’s ability to scale. For many departments, these feelings are short-lived. Other branches of the company may continue to struggle to meet the new demands of their organization. So what is the first sign of growing pains that most companies experience? Their IT team’s inability to keep up with the company’s changing infrastructure. Due to this fact, many organizations have explored hiring managed IT services to help design a more sustainable IT solution for their corporate growth strategy. But how do you know if your business is ready to invest in a different IT solution? Here are 5 signs to look for that might mean it’s time to partner with a managed service provider.

How to Effectively Manage Projects: The 5 Phases of Project Management Using SAP Business One

Regardless of the industry that a business serves, at one point or another, it becomes necessary to act on strategic departmental or company-wide development goals. Being able to execute these plans efficiently requires active project management and a well-constructed roadmap for success. Understanding the five phases of project management, and how to leverage SAP Business One during each phase, can help deliver successful projects.

The Future of Digital Banking: 5 Emerging Trends in 2018

If last year taught the financial industry anything, it’s that transitioning into a digital bank is no longer an option. As the first quarter of 2018 has come and gone, consumer expectations for a more seamless banking experience have continued to increase exponentially. Demand for innovation has led to financial institutions seeking out better solutions to digitize their offerings while optimizing their workflow. Several resolutions have already been made for the rest of the year, highlighting advancements in digital banking technology and expected areas of growth. Here are five emerging trends in 2018 that paint the future of online banking.
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