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Best Procurement & Purchasing Software
The supply chain disruptions we saw in 2020 thanks to the COVID-19 pandemic continue, and organizations need more effective methods of procurement. They need to be able to handle purchasing requests and approvals from remote employees, track their budget, and order products as seamlessly as possible. We’ve put together this guide to help you find…
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4 Smishing Attacks to Watch Out For
By now, nearly everyone who works in an office has heard of phishing attacks: Someone pretending to be someone you know emails you and attempts to trick you into giving them sensitive information. While phishing attacks are pretty common, how much do you know about smishing? Smishing is similar to phishing, except that the fake…
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Building a Strong Executive Team: Making Hard Personnel Decisions
This is part seven of our Building a Strong Executive Team series. To start at the beginning, click here. The unfortunate reality of having employees is that not all of them are going to be the right fit for your business. As an executive, you’ll likely have to make some tough personnel decisions over the…
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How Does a CMMS Work?
A computerized maintenance management system (CMMS) is a software suite that helps companies organize and optimize their maintenance department. It’s an essential tool for any organization that engages in regular preventative maintenance or has a lot of machines that need to be serviced. But how does a CMMS work? In this article, we’ll discuss all…
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Building a Strong Executive Team: Creating Consistent Talent Management Standards
This is part four of our Building a Strong Executive Team series. To start at the beginning, click here. We’ve all heard the horror stories associated with bad performance reviews: vague critiques from unnamed coworkers, constantly shifting expectations, and thinly-veiled discriminatory comments. Not only do these bad performance reviews prevent companies from moving forward, but…
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Why Free Antivirus Software Won’t Cut it for Your Business
In 2020, the number of new types of malware increased by approximately 74 percent. Because of all the cybersecurity threats on the web, many companies offer antivirus software free for personal users. And while some businesses want to use this free antivirus software as well, the truth is that free security software generally won’t cut…
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Benefits of Integrating ERP with IoT
By 2025, there will be approximately 38.6 billion internet of things (IoT) devices worldwide. While many of these will be in homes, businesses also use IoT devices in a variety of industries. However, businesses that don’t integrate their enterprise resource planning (ERP) systems with their IoT devices are missing out. Let’s take a look at…
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Cerner to Launch New Patient Accounting Platform
Electronic health records (EHR) software giant, Cerner, recently announced their launch of a new patient accounting platform called RevElate. While not likely to be widely available until 2023, the company appears to be conducting some beta tests and gathering feedback from a few users of its current offerings. Let’s look at what customers can expect…
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Revenue Recognition Best Practices for the Enterprise
Even for accountants, revenue recognition isn’t always as simple as we’d like it to be, and most industries don’t handle it in the same way. Retailers might count revenue as soon as a product is sold and paid for, while a construction company might recognize revenue in different phases as a project progresses. To make…
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Best Tools for Supply Chain Security
Between January 2020 and July 2021, 32 percent of cyberattacks that targeted supply chain businesses resulted in data theft and breaches of internal processes. Supply chain security failures can cost businesses proprietary information, customer trust, and even downtime leading to loss of revenue. To better protect your business, choose supply chain management (SCM) software with…
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How Supply Chains Can Improve Demand Forecasting
Demand forecasting is one of the most difficult parts of supply chain management, especially when you consider the number of factors that can affect it. Natural disasters, product shortages or delays (like when a cargo ship gets stuck in the Suez Canal), and, of course, a global pandemic can impact an organization’s supply chain. Luckily,…
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Addressing AI and Implicit Bias in Healthcare
Artificial intelligence (AI) is gaining more traction in the healthcare market, with use growing approximately 167 percent between 2019 and 2021. However, implicit and contextual biases are causing incorrect diagnoses and care disparities, leading many healthcare organizations to look for solutions. Healthcare facilities need their healthcare providers to examine their own implicit biases, ensure they’re…
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Should You Use Podcasting for Internal Communications?
In the United States alone, there are approximately 39.5 million casual fans and 12.6 million avid fans of business podcasts. Business-to-business (B2B) podcasts, like our B2B Nation, are already popular among industry professionals looking to improve their trade, but podcasting can also be used as an internal communication tool. Let’s take a look at some…