BLog
Deep Dive into Industry Insights
Discover industry trends, innovation stories, informational articles and explore the diverse world of IT Services and Engineering Solutions.
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Most notable IoT developments of 2019 so far
The emergence of the Internet of Things (IoT) has revolutionized the global market. Since its beginning, IoT technology has mostly focused on consumer products, as well as assisting in digital transformation in industries. With time, the IoT scope has expanded as the technological methods and devices advance. This year as seen some remarkable…
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What is Freight Auditing and How Can It Help Enterprises?
When it comes to logistics business, companies frequently face a number of challenges that can be attributed to a lack of metrics, or a quantifiable way to measure, track, and determine if freight bills are correct. Freight claim resolutions become lost in the mire of doing business and lack of oversight and visibility leads…
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How is the Market Adopting Data Warehouse as a Service?
Technological advances are impacting all areas of the economy. One of the biggest changes in recent years is the evolution of data warehouse as a service. For those who may not know, data warehouse as a service is a model in which a service provider or company both configures and manages the equipment…
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thebigword Group and Techwave launch Digital Center of Excellence (CoE) to Accelerate Digital Transformation
The center will advance bold new opportunities for the global language solutions provider. Techwave®, a global leader in consulting, technology and next-generation services announced the launch of a joint Digital Center of Excellence (CoE) with global language services provider thebigword Group, at the Techwave campus in Hyderabad. The centre focuses on digital transformation…
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When and How to Use Robotic Process Automation in Finance and Accounting
Robotic Process Automation, or RPA, offers interesting benefits for the financial services industry. It may offer solutions for companies who want to improve efficiency in their finance and accounting departments. The key is focusing on innovation within the company to cut costs and improve results. What is RPA? What is RPA in finance and…
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How Is Blockchain Helping the Traditional MDM?
The tech sector is still vigorous in discussions around blockchain. Everyone is still quite excited about the potential of this relatively young technology. While some aspirations are possibly too ambitious, there are some applications that have more than a little potential. In some practices, blockchain feels like the only viable direction to move.…
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Transformation Through Re-engineering in Finance & Accounting
The vast majority of companies, from big enterprises to small startups, are looking for ways to get more out of every dollar. Using financial process re-engineering, the current workflows should be analyzed and re-thought to avoid any activities that do not directly add value. A few ways the business process re-engineering financial services might look include:…
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How Is Data Warehouse Modernization Helping Enterprises to Increase Operational Efficiency?
Data warehouses have been around for decades. As one of the longest-lasting methods for managing data, many warehouses — still in use today — are plain antiquated. Modernizing these resources has been a priority for many enterprise systems, but upgrading just for the sake of it is never a good business model. Instead,…
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What Does Reconciliation Mean in Finance and Accounting
Reconciliation in finance and accounting refers to the process of comparing transactions recorded internally against monthly statements from a bank, credit card company, or other external source. The aim of account reconciliation is to ensure the records coincide with each other. You can find your financial transactions on your bank statement, your credit…