Negotiating a Contract is often a major challenge in the area of Procurement, because of the complexity of the contract documentation, different stakeholders which need to be involved within the process and the duration when this needs to be executed, often in a 2 week time span. As a Service & IT Procurement Specialist I …
In the modern age, technology is the essential concern of every organization. The business focuses on adopting new technologies which reduce their cost, human resources, and time. Robot replaces workforce, Laptop/Ipad replaces papers, and in short, Technologies replacing everything day by day. The sector is changing due to new technologies and innovations in the banking …
We are currently and indisputably in the midst of a payment revolution. E-commerce continues to grow, and we’re expecting online payments to continue to increase at a compound annual growth rate of 25 percentage points in the MEA (Middle East and Africa) market from this year until 2025, while mobile payments are expected to increase …
Continue reading “How e-payment solutions can help businesses be more efficient and productive”
Payments to suppliers are a major part of the procurement-to-pay ecosystem. Implementing electronic payment of your invoices from suppliers provides significant cost saving opportunities but other hidden benefits also flow from this automation Business growth, increased cross-border activities, an increasing supplier base, and business volatility means the increase in the number of transactions and the …
Continue reading “Automation (electronic) Payment to Suppliers …a look at the fundamentals”
“Risk Culture – the values, beliefs, knowledge, attitudes and understanding about risk shared by a group of people with a common purpose.” Institute of Risk Management To successfully influence risk culture, we need great structural mechanisms or formal arrangements that support strong risk management practices in our systems, policies, procedures, and governance – and – …
Continue reading “Getting your GRC into the hands of decision makers”
WASHINGTON COUNTY, Md. – Toni Nelson is the coordinator of the Family Support Resource Center, and she assists parents of children and young adults with special needs. However, she too, has personal experience in the matter. “My son completed his education at the age of 21, and that encouraged him to get more job skills,” …
Continue reading “Educators promote parental involvement in education plans”
Introduction: What is Central Bank Digital Currency (CBDC) and Why Is It Important? In this post we plan to expend some time and energy in understanding Central Bank Digital Currency or CBDC. While the notion of “Central Banks” implies centralized control and governance structure the term itself may be against the doctrine of decentralization which lays …
The good news first: Germans are putting their money away for a rainy day again. While they saved EUR 9 on average out of EUR 100 in 2013, it was already EUR 9.70 in 2016 with a continuing upward trend, as the Federal Statistical Office’s calculations for the first quarter of 2017 show. Germans are …
Continue reading “The Bermuda Triangle: poor financial knowledge”
In the first article of this series, I posited that a meaningful strategy for accomplishing collaborative work in the cloud can only be achieved by thinking more holistically than has traditionally been the case. The reality is that work collaboration that drives competitive advantage is a multi-faceted endeavor. It requires the adoption of multiple best-of-breed …
Continue reading “Collaboration in the Cloud – A Unified Theory”
The below graph maps out the possible combinations. Conventional database often achieve hashtag#resilience by storing data over multiple physical nodes, but all are controlled by a top node. By contrast, in many DLT-based systems, the ledger is jointly managed by all nodes. The communication needed to achieve hashtag#consensus between these nodes is the main reason …
The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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