Revenue Management (RM) is a concept which optimizes the revenue stream of a business, gained through a proper knowledge of the marketplace, that would manage product’s demand and supply. It assists to analyze the demand of the consumer along with optimizing price & inventory available in order to increase revenue. Revenue Management service is implemented […]
Accounts Payable refers to the account or a file which tracks the amount to be paid for services or products provided by a supplier. Accounts Payable Service is a vast term that incorporates generation of invoice or bills through computers. The consumers or buyers are presented with the electronically generated invoice for service or product […]
The world is getting highly sophisticated with gadgets and technology. The technology is being excavated every now and then, leading towards digital formatting of almost all the paperwork. The popularity of digitization is merely due to the well managed space, protection of data and concurrent usage of the information. The paperwork is slowly being replaced […]
Payroll processing basically deals with handling the back office functions of a company by performing administrative duties relating to timely payroll processing of a company. Outsourcing payroll services has helped a significant number of companies in many ways. In the present scenario with a lot of BPO’s rising up and competitive pricing also coming into […]
Third party logistics (3PL) help the supply chain through with their expertise. For all the logistics and shipping companies, 3PL provide their services to help in reducing the cost and ensuring that every process is streamlined. Logistics is very complex with regards to the numerous processes that need careful attention. Every 3PL company has to […]
Every company showcases its products and services in various trade shows. A lot of research and special presentations are made exclusively for trade shows. But, many companies often wonder what trade shows can actually offer to the company and whether it is actually worth all the time and effort. Here’s a list of reasons why […]
According to the ‘JD Power 2014 US Retail Banking Satisfaction Study’1 released in May 2014, customer satisfaction with banks is at a record high, increasing to 785 this year as compared to 763 in 2013. This is attributed to banks making an effort to improve experiences for customers, reduce their problems and create an understanding […]
8 Retail Marketing Trends in US: Ideas, Strategies & Stats
Inspite of the extreme weather conditions witnessed in February around the country, retail sales in the US grew by a seasonally adjusted 0.3%, reported USA Today. With anticipations of a better pace of job growth, personal and household income is expected to increase, fuelling consumer spending further. 2014 will see a 4.1% increase in […]
Tips & Advice for Buying Right Business Document Scanners
No matter what the size of an organization, a scanner in the office is a useful tool. From small assets like business cards to critical essentials like tax records, scanners enable the conversion of paper documents into electronic format and pave the way for going paperless. According to a white paper titled ‘Scanning Brings Cost […]
