Six simple techniques you can apply in real life The first part of this series discussed the growing need for problem-solving skills. As more of our world is automated with AI these skills are more important than ever. This article continues to outline practical strategies for solving any problem. Three more techniques are outlined below…
Automation has become a cheat code in recent years, with each business function improving efficiency and moving away from manual, repetitive roles to more strategic roles. Imagine a world where your procurement process runs like a well-oiled machine—no more delays, no more errors, and no more endless paperwork. Sounds too good to be true? Well,…
In today's fast-paced business environment, processing invoices and payments is a critical task for companies of all sizes. Invoices contain vital information such as customer and vendor details, order information, pricing, taxes, and payment terms. Manually managing invoice data extraction can be complex and time-consuming, especially for large volumes of invoices. For instance,…
If you’re using Salesforce, then you’re already familiar with its benefits as a cloud-based customer relationship management (CRM) solution. In isolation, Salesforce’s capabilities related to sales and marketing are impressive; it automates sales processes, makes it easy to manage multiple marketing campaigns, provides funnel insights to sales leaders, and so much more. But, like any…
Purchase orders (PO) are legal documents that are drawn to finalize contracts between a buyer and a supplier. Today, the purchase order has become an indispensable part of modern businesses. It is involved whenever goods or services are being procured and plays critical roles in formalizing agreements tracking orders controlling expenditures resolving disputes However,…
Businesses of all sizes and types are increasingly looking for a one-stop shop for their ERP needs. Though hundreds of varied tools exist targeting specific business sub-requirements, the ideal remains a single portal through which companies can effectively manage their operations across the value chain. Microsoft, the universally known leader across multiple software segments, is…
If a chef was asked to cook a 5-star meal with nothing but a butter knife, the meal would turn out a lot different than if the chef had access to all the tools she needed to succeed. An industrial oven, customized knife set, large mixer, state-of-the-art cookware, and an experienced team of staff would…
As we enter the sixth decade of the information age, data has become a currency of the business world. However, it is estimated that a vast majority of a company's data remains unstructured, taking the form of written text found in various forms such as reports, contracts, and emails. The manual process of collating…
Supply chains today are very complex, with numerous stakeholders, processes, and data points involved. From raw material sourcing and production to shipping and delivery, managing the supply chain can be a daunting task for businesses. This is where supply chain automation comes into play, offering a range of benefits, from increased efficiency and productivity to…
In the ever-evolving landscape of technology, the term “Artificial Intelligence” (AI) has become ubiquitous, often sparking discussions and debates about its true nature and potential. Regardless of the label — whether it’s AI, Artificial Intelligence, Deep Learning, Machine Learning (ML), or automation — these technologies are essentially a collection of algorithms that have the remarkable…