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Tricks To Improve AP Process

In today’s increasingly competitive business world, corporations are looking for any means possible to improve their bottom line. Project Managers can assist in this endeavor by using their knowledge of the AP system and its processes to suggest ideas that will save time, money, and resources.

Having a transparent and streamlined AP process is an essential part of any business's success. Do you feel like your AP process is taking a toll on your business? It may be time to try some new strategies.
These improvements are easy to implement if done correctly and have many benefits, such as cutting down on wasted time and resources. Here are some of the crucial tips that have been depicted that can help your company improve its AP processes leading to greater efficiency and savings.

If you are looking for ways to save time, reduce costs, and increase efficiency in your AP process, here are six tips to miraculously improve your Accounts Payable and Receivable -

TIP 1 - Avoid Late and duplicate Invoices
Bacs reported a figure of £46.1 billion was owed in late payments in the UK. By failing to pay bills on time, you risk tarnishing your reputation and jeopardizing essential suppliers. AP Automation system will reduce duplicate costs through automated invoice matching.

TIP 2 - Reduce Manual Effort
AIIM also highlights that 44% of invoices now come in electronic format. With AP Automation, most bills are recorded automatically with no manual input, saving time and money on data entry.

TIP 3 - Plan a Budget for your expenses
Creating a business budget proactively may assist you in improving the AP process as well as avoiding late payments. Budgeting ensures that you don't overspend on late payments and penalties.

It’s time to stop thinking about waste in your AP process as just a cost center. You might be able to drive more efficiency, reduce costs, and create customer satisfaction by considering what an improved AP process could do for you.

If you need some assistance, feel free to contact an Online Invoicing Company here.

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How COVID-19 Impacted on Waste Water Treatment in Chemicals & Materials Industry ?
COVID-19 Impact on Waste Water Treatment in Chemicals and Materials Industry Wastewater treatment involves numerous biological, and chemical process where wastewater that contains contaminants are purified after the removal of the pollutants and the effluent obtained after the purification is cycled back to nature. Although treatment of wastewater normally takes place in a wastewater treatment plant or sewage treatment plant, the capacity, as well as technical capability of the facility varies according to the origin of the wastewater. For instance, wastewater that originates from industries is treated in industrial wastewater treatment plants that are employed with advanced chemical, biological and mechanical pieces of equipment and technologies. Some of the most common classifications of wastewater treatment plants include phase separation, biological and chemical separation, polishing, among others. Since the demand for freshwater is growing exponentially day by day, water treatment or recycling has become a necessity, particularly since urbanization is gaining a stronger pace in emerging economies. As water is an important commodity for human survival and demand for the respective product is expanding. Recycling contaminated water has become of paramount importance. As a result, the global wastewater treatment market is gaining popularity and widespread acceptance across various nooks and crannies of the globe. COVID-19 IMPACT ON GLOBAL WASTEWATER TREATMENT MARKET Even though the COVID-19 pandemic disrupted many a market across the globe and inflicted the global economy with one of the toughest crises after World War II, certain markets benefited from the pandemic from moderate to an extensive scale. The global wastewater treatment market is one such market that gained an additional market push due to the pandemic. Since SARS-CoV-2 viruses are capable of being transferred through water, large-scale treatment of water across cities, municipalities have become extremely important to curtail the spread of the virus. Similarly, the need for proper and advanced wastewater treatment in hospitals has become a major priority for governments as well authorities to contain the secondary spread of the virus. As a result, decentralized wastewater treatment plants with multiple disinfection barriers in quarantine centers, isolation wards, among others are gaining popularity across the post-COVID-19 world. In short, due to the growing demand for clean water for various industrial and human indispensabilities, the overall demand for water treatment has been growing exponentially over the years. Further, the spread of COVID-19 boosted the necessity for proper wastewater treatment in varied segments as the SARS-CoV-2 virus is capable of transferring through water sources. However, due to various restrictions in economic developments and investments such as supply disruptions, and emergency measures implemented by the government, the scale of development in the global wastewater treatment market is lackadaisical. AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET To minimize the damage caused by the pandemic COVID-19 across the globe, various governments are implementing various measures. However, several such initiatives are boosting the demand as well as sales of the global wastewater treatment market. For instance, · After a considerable scientific exploration into the pandemic and the SARS-CoV-2 virus responsible for the pandemic, the presence of SARS-CoV-2 in sewage treatment plants was confirmed. As a result, the executive secretary of Basel, Rotterdam and Stockholm Convention (BRS) argued for the importance of wastewater management, particularly from the medical, household, among others, and named it as an essential public service to ensure minimal impacts on human and environment in the battle with COVID-19. Such governmental safety measures could spread awareness regarding wastewater treatment and could boost the pace associated with the growth of the global wastewater treatment market. Nonetheless, the pace of growth is still significantly primitive due to various socio-economic limitations associated with various parts of the world. STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE Manufacturers in the global wastewater treatment market experienced several adversities due to obstructions in the production facilities. Manufacturers have taken many strategic decisions such as collaboration and partnerships for the development of efficient technologies and for increasing production rate to meet the market demand once it returns to normal. Utilizing e-commerce and the establishment of local supply chains are also some of the new strategies used by various manufacturers to counter the effects of COVID-19. Moreover, several industries have enhanced information transparency among each other and are working together to help each other to overcome the financial constraints experienced and to increase cash flow into the business. PRICE IMPACT The price of water treatment equipment and accessories is expected to fluctuate due to an expected disturbance caused by the outbreak of coronavirus disease (COVID-19). Such market fluctuations have prompted manufacturers to find new contract manufacturers and suppliers to shift production operations along with new contracts for the supply of raw materials. Due to an increase in production cost and reduction in profit margins due to the shortage in raw materials, components, and difficulties in the commercialization of products, many a manufacturer is increasing prices of their products. For instance, · In June 2021, Ecolab Inc., a global leader in water, hygiene, and infection prevention solutions and services, has announced that a pricing hike of 9% and 15% will be introduced to the company’s industrial segment products effective immediately or as contracts permit due to an escalation of energy and raw material costs, limited availability of raw materials and rising transportation, packaging, utility and personnel costs IMPACT ON DEMAND COVID-19 has induced a multi-layered crisis comprising domestic price fluctuations, the overall decline of external demand, along the collapse of prices that have an impact on supply and demand for goods. The impact of this could be contemplated across the globe irrespective of the market. The COVID-19 pandemic has affected every aspect and sector as COVID-19 is an emerging, rapidly evolving situation across the world. However, several manufacturers in the global water treatment market have been utilizing this opportunity to launch new products and to address the demand created by the global discovery that the SARS-COV-2 virus is capable of transiting through wastewater. For Instance, · Suez Group introduced monitors the presence of SARS-CoV-2 in wastewater networks, capable of detecting the British variant, among others. This system manufactured by the Suez Group is currently being used in around 100 local communities in Spain, utilized by around 13 million inhabitants. Similarly, the same system is employed in100 local communities in France, with 1.8 million inhabitants. The same water treatment system is also utilized in the UK, the US, and Latin America. In short, it is appropriate to conclude that the pandemic, COVID-19 has boosted the overall demand for wastewater treatment plants and equipment across the globe. Nevertheless, the extent of the respective demand growth is relatively limited. IMPACT ON SUPPLY CHAIN The sudden outbreak of COVID-19 and its subsequent impact on restrictions on trade and movement of goods has resulted in a shutdown of vast portions of the global economy. This has in turn disrupted supply chains of the global wastewater treatment market due to the limited availability of materials and workforce. Further, due to the lockdown scenario, and restrictions in international trade, several manufacturers are also facing difficulties in clearing their old stocks. As a result, it could be conclusive to say that overall of the supply chain of the global wastewater treatment market is affected horrendously by the COVID-19 pandemic. Nevertheless, the governmental measures to unlock economies and global trade in recent months could be considered as a sign of shimmering hope for the global wastewater treatment market. CONCLUSION To recapitulate, although COVID-19 has caused a major disruption to many global economies, the pandemic has slightly boosted the demand in the global wastewater treatment market due to the fact that the SARS-CoV-2 virus, that is responsible for the pandemic could spread through savage water. The governmental regulations and initiatives regarding the urgency to curtail the pandemic also have been helping the respective market to grow. However, due to disruptions in supply chains of final products as well as raw materials, the global wastewater market is unable to tap into the demand and sales growth provided by the COVID-19 pandemic. As a result, a large-scale price increase is witnessed in products associated with the respective market. When combining and considering all these factors, it could be concluded that though, the pandemic COVID-19 has been difficult for the global wastewater market, lackadaisical progress could be witnessed for the respective market in terms of demand and sales. However, the respective market is capable of fully unleashing its potential and make excellent economic growth once the current disruptions in supply chains and manufacturing have been retracted.
How COVID-19 Impacted on Automated Cell Cultures in Healthcare Industry ?
COVID-19 Impact on Automated Cell Cultures in Healthcare Industry The economy and businesses across the world have been influenced greatly because of the COVID-19 pandemic. The COVID-19 has spread globally in unprecedented ways due to its high infectious and contagious nature and lack of vaccine. The World Health Organization (WHO) declared COVID-19 as a pandemic due to its increased spread across the globe. According to the situation report of 7th June 2021 by WHO, 174 million corona cases had been reported globally and 3.7 million patients died due to the coronavirus. On a slightly positive note, a total of 157 million people have recovered, and 1.9 million vaccine doses have been administered. Cell culture refers to removing cells from an animal or plant and their subsequent growth in a favorable artificial environment. Automated cell culture systems are instruments that mechanically carry out the steps involved in growing and maintaining a cell culture useful in any lab that works with cell biology, cell signaling, protein expression, or drug discovery. An automated cell culture system helps to grow cell cultures while saving labor time and reducing errors. Increasing demand for cell culture technology in vaccine production and wide acceptance of cell culture techniques in various applications accelerate the market growth. However, the high cost of automated cell culture systems and lack of skilled and certified professionals are expected to obstruct the market growth. COVID-19 pandemic created problems for many drug, clinical, medical equipment, and device manufacturing companies, including market players that provided automated cell culture products & services. Though, different kind of policies has been adopted by different companies across the globe for carrying forward the manufacturing processes. PRICE IMPACT COVID-19 claimed a considerable number of lives worldwide, which is a concern in countries with high patient co-payments and an appreciable number of families going into poverty when members become ill. Consequently, there is a need to review prices and availability of pharmaceutical products during the COVID-19 pandemic to provide future direction. The pandemic has impacted on utilization and prices of pertinent medicines and products but moderated by increased scrutiny. Key stakeholder groups can play a role in enhancing evidence-based approaches and reducing inappropriate purchasing in the future. 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Thus, cell culture technology has been widely used in developing U.S. -licensed vaccines such as vaccines against rubella, smallpox, chickenpox, hepatitis, rotavirus, and polio. For instance, • Over the last month and a half, the Centre for Cellular and Molecular Biology has established stable cultures of COVID-19 causing coronavirus. The lab's ability to culture the virus enables CCMB to develop vaccines and test potential drugs to fight COVID-19. As observed, because of the current COVID-19 situation, the demand for automated cell culture services gradually increased due to the wide acceptance of cell culture techniques in various applications and growth in the biotechnology sector. This shows that various initiatives taken by organizations and market players are helping to tackle this COVID-19 situation as products are made available, and the situation is likely to get better in the future. IMPACT ON SUPPLY CHAIN Lockdown policies in different countries have resulted in the closing of product providers, decreasing walk-in customers to prevent the spread of the disease. This led to a significant delay in the supply of the product. Also, during the lockdown period, the market for online delivery of products has seen a rise, which is normal considering the situation. The companies dealing in the automated cell culture worldwide have taken strategic steps to supply products to people across the world properly. The Coronavirus Disease 2019 (COVID-19) pandemic triggered unprecedented increased demand for some clinical devices, as well as significant disruptions to global medical and clinical device manufacturing and supply chain operations. The FDA is monitoring the medical and clinical product supply chain and working closely with manufacturers and other stakeholders to evaluate the risk of disruptions and prevent or reduce their impact on patients, health care providers, and the public's health at large. For instance, · On March 27th 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. The CARES Act added Section 506J to the Federal Food, Drug, and Cosmetic Act (FD&C Act). It provided the FDA—for the first time—with new authority intended to help prevent or mitigate negative public health impacts of medical device supply chain disruptions “during, or in advance of, a public health emergency declared by the Secretary under section 319 of the Public Health Service (PHS) Act.” The FDA issued an immediately in effect guidance, Notifying CDRH of a Permanent Discontinuance or Interruption in Manufacturing of a Device Under Section 506J of the FD&C Act During the COVID-19 Public Health Emergency: Guidance for Industry and Food and Drug Administration Staff. This guidance is intended to assist manufacturers in providing the FDA timely, informative notifications about changes in the production of certain medical devices that will help the Agency prevent or mitigate shortages of such devices during the COVID-19 public health emergency. · In April 2020, according to Indian Drug Manufacturers Association (IDMA), Vice-Chairman, T Sathish, the pharma sector in the country has been hit by a shortage of workforce, packaging materials, and transport the COVID-19 lockdown. This has led to a shortage of product packaging materials and has made matters worse for the pharmaceutical companies. He urged the government to permit the supporting industry to function to ensure that the supply chain was not disrupted. This shows that even if the COVID-19 situation disrupts the supply chain of products, the initiatives taken by the government and different companies create hope for the proper supply and use of products available. STRATEGIC DECISIONS FOR MANUFACTURERS COVID-19 might have hampered the supply and use of products, but it also allows companies to improve their business by different means. As a pharmaceutical company always does, it tends to find newer and better ways to treat a disease; the same is true with automated cell culture services and products. Always bringing out better solutions in the market will increase their business efficiency. For instance, · In 2020, in the U.S., the companies with direct exposure to COVID-19 outbreak were taking several actions, including transporting available inventory to areas away from quarantine zones and near ports where it can be accessed for shipping, buying ahead to procure inventory and raw material that are in short supply in impacted areas, activating pre-approved raw material substitutions in places where the primary supplier is impacted. However, a secondary supplier is not updating customers about delays and adjusting customer allocations to optimize profits on near-term revenue or to meet contractual terms and shaping demand by offering a discount on the available inventory in cases where supply may be short for late winter-early spring fulfillment optimizing near-term revenue. This signifies that despite this COVID-19 situation, the companies make different strategic decisions that will make their business grow at least back to pre-pandemic levels. CONCLUSION Pandemic has taken a toll on every aspect of life, including the global economy. With the significant downfalls in many sectors, a collaborative effort of government, industry players, and consumers can win the fight against COVID-19. The first wave had already inflicted severe blows to the population and economy. The currently experiencing the second wave and expected the third wave is likely to be more disastrous to the masses and healthcare markets. As this pandemic situation has resulted in many restrictions in different places around the world, the market players dealing in automated cell culture services and products were still able to manage their stock. Different companies were finding out their way to deal with this pandemic situation. The government and companies around the globe are working together and have issued advice for those who are undergoing treatment during these unprecedented times during COVID-19 lockdown around the world. The supply chain was destroyed, but several steps were taken by the government and companies, which will help them get their needed output for the products. By increasing the material price, the companies can maintain their overall revenue. Thus, different companies dealing in automated cell culture services and products are finding out their ways to deal with this pandemic situation.
Tips to Increase Remote Employee Engagement
Many companies are now seeing the advantages of remote workforce engagement, which is leading to increased adoption. Many businesses find it appealing to recruit and retain highly competent staff in locations where they wish to reside. And employees love the ability to work remotely for most or all of their working day while still enjoying competitive employment conditions, including salary levels and benefits. From Fortune 500 companies to small businesses, there are many reasons why people choose to work remotely. Remote workers have more flexibility and autonomy over their schedules which makes them happier employees overall. Businesses save money on office space costs since they don’t need as much space for their employees anymore! However, employees who work remotely are more productive. This is the most obvious benefit of a remote team. People who work from remote places tend to be able to get their work done more quickly and avoid wasting time on distractions like office chatter, gossip, bathroom breaks, etc. When people can focus better, they create better results. Thus, better management of remote employees contributes in the following ways to accelerate your business growth- · Better retention of employees · Enhanced productivity · Improved client satisfaction · Increased innovation · Greater business reach · Better talent acquisition Ways to Increase Remote Employee Engagement - 1. Encourage social interaction 2. Promote knowledge sharing sessions through virtual meetings 3. Encourage peer-to-peer feedback 4. Assist your employees with the right tools to work 5. Give employees the flexibility to work How to manage remote employees with WorkStatus? The WorkStatus is a web-based project management software that is one of the most popular functions. It allows teams to make the most of their time together by setting working hours and task durations. One of its features is that it will enable you to determine when someone is at work, what they’re doing, and where they are. Workstatus’ remote employee monitoring service can help businesses save money, productivity tracking, manage projects, and track the time and engagement of an off-site team. You can easily manage your remote employees with WorkStatus as it provides the following benefits- · Track employee engagement with data and reports. · It automates project management. · Easy to control and view the system of remote workers. · Track tasks, time, costs, projects and manage the schedule. · Conduct interactive coaching sessions with workers across the globe. Sign up today to claim your free trial of employee monitoring software here - https://bit.ly/37AhKLB SOURCE : 7 Tips For Managers to Increase Remote Employee Engagement
How COVID-19 Impacted on Wood Based Panel in Chemicals & Materials Industry ?
COVID-19 Impact on Wood Based Panel in Chemicals and Materials Industry The COVID-19 pandemic has influenced the whole planet with its major impacts on the economy and businesses across the globe. The COVID-19 spread worldwide in unprecedented ways due to its high infectious and contagious nature and lack of availability of its vaccine. As a result, the greatest medical challenge in the 21st century is yet to be faced by physicians worldwide. Though the emergence of the virus can be traced back to Asia, many European countries along with the U.S. have been struck massively by the pandemic. The virus has spread across all regions ranging from North America, Europe, Asia-Pacific, Middle East, and Africa up to South America. The COVID-19 has been declared as a pandemic by World Health Organization (WHO) due to its increased spread across the globe. After the declaration of the pandemic, various countries announced the complete lockdown such as India, China, and other Asian countries to decrease its spread. According to the situation report of 7th June 2021 by WHO stated 174 million cases of the corona have been reported globally and 3.7 million patients are dead due to the coronavirus. On a slightly positive note, a total of 157 million people have recovered and a total of 1.9 million vaccine doses have been administered as well. Due to the outbreak of COVID-19, demand for wood-based panels from various end-users such as residential & commercial buildings, schools, malls, and hotels is impacted due to the lockdown imposed by various national governments globally. Due to lockdown restriction, all manufacturing activities are put on hold due to lack of labour & raw material supply, which limits the demand for wood-based panels in the market. For all the key segments of the forest sector (wood harvest, sawmills, wood-based panels, pulp and paper, and wooden furniture), the biggest impact from COVID-19 was the disruption of cross-border trade, which sharply dropped in the first three quarters of 2020 compared to the same period of the previous year. Aftermath of COVID-19 and Government Initiative to Boost the Market After the COVID-19 pandemic, the wood-based panel market is expected to gain momentum due to the increasing demand from various end-users. Government of an economy and their policies plays an important role in revamping the global economy back to its anterior state. Currently, many policies are being formulated by governments for creating employment along with the utilization of resources for bringing production and sales in the market back to their previous glory. During the pandemic, various nations’ governments took immediately drastic steps to curb the increase in contamination with COVID-19 by restricting travel, closing international borders. While the various government has eased restrictions to allow the manufacture and export/import of the various goods. For Instance · European commission has issued a decision that allows for import duty and VAT relief for goods to combat the COVID-19 outbreak. Relief from import duties and VAT for goods to combat the COVID-19 outbreak is issued in Europe as a government measure to boost the country’s economy However, the governments of various nations are also trying to revive the economy with strategic decisions such as revival package of initiatives to support the small, medium, and large industries, including guaranteed loans, the micro to medium-sized enterprises were provided government support for workers’ wages, to cover interest payments on loans and to provide operating capital. Other benefits include deferral of payments on corporate income tax for businesses, including the elimination of interest payments on outstanding loans for up to three months. Strategic Decision for Manufactures after COVID-19 to Gain Competitive Market Share Although the COVID-19 pandemic has disrupted the global economy, various manufactures are trying to take market share in the region with their various CSR programs. Various international organizations of wood-based panels are also holding a virtual conference to look at furniture & design trend movements, the performance of global wood-based panel markets, and an update on innovative technologies in the wood-based panels. For instance: · Wood-Based Panels International (WBPI) holds a half-day virtual event on May 11, 2021, to look at how the international wood-based panels industry has adapted to the current pandemic, with a special focus on furniture trends Impact on Price COVID-19 has complicated the situation by depressing the various industry sectors' growth across the globe. The economic downturn weakens the demand in local as well as global markets. Due to the spread of the COVID-19 pandemic, the price of the raw materials increased drastically which in turn increased the price of lumber panels. Other factors that put upward pressure on lumber prices are the increasing cost of manufacturing and transportation. Various stakeholders are involved in the production chain of procuring, harvesting, transporting, and processing logs into lumber. Labour shortages during COVID-19 caused an increase in labour cost which has transferred to the price of lumber. For instance: · According to Random Lengths, the price of framing lumber rose to USD 1,494 per thousand board feet (mbf) in May 2021, a 250% increase when compared to USD 427 per mbf a year ago. Meanwhile, the price of structural panels jumped to USD 1,657 per thousand square feet (msf) from USD 414 over the same period, a 300% increase Impact on Demand The nationwide lockdowns imposed by the government of different nations. Most of the people are stuck at home, working from the home beginning in March 2020 encouraged many people to perform home repairs or upgrades such as outdoor decks or new wooden furniture. The high demand for houses, lower interest rates, investments in rental real estate, have resulted in high demand for lumber and structural panels. For instance: · To support the economy during COVID-19, the U.S. Federal Reserve decreased the federal funds rate to zero in March 2020, which encouraged people to enter the housing market. Historically low-interest rates have contributed to high housing demand which, in turn, raises lumber prices Impact on Supply Chain Due to the outbreak of COVID-19 globally, supply chain partners have experienced their challenges and may not be able to fulfil orders on time during the pandemic. This is primarily due to the restrictions on the movement of transportations across different countries as well as within the countries. Most of the industries are lacking workforce availability for production whereas some industries are not able to get the orders due to less demand in the market from the end-users. So overall this pandemic has affected very badly on most of the industries across the globe. For Instance: · As per a survey conducted by the Institute for Supply Chain Management on the European supply chain, it is found that nearly 75% of companies reported supply chain disruptions due to the corona virus-related transportation restrictions. In this way, the lack of workforce and demand for products from end-users has disrupted the supply chain network of the industries. Conclusion Pandemic has taken a toll on every aspect of life, including the global economy. With the significant downfalls in many sectors, a collaborative effort of government, industry players, and consumers can win the fight against COVID-19. It continues to inflict the world with appalling economic and social dilemmas, capable enough to leave severe backlash on the economy for the next several years. The first wave had already inflicted severe blows to the population as well as the economy. The currently experiencing second wave is expected to be more disastrous not only to the masses but also to CnM markets. The first wave of the COVID-19 has affected most North American & European countries such as the U.S., Mexico, Germany, France, Spain, and the U.K., among others. This pandemic has led to a disturbance in the demand and supply of wood-based panels from the end-users. Currently, the second wave of the COVID-19 is going on and it has again disturbed the economic development in the region. However, now governments are trying to get more and more people vaccinated so that spread of the virus can be controlled and economic disruption can also be minimized as compared to the first wave of the COVID-19. Ongoing relaxation in lockdown across the various regions such as North America & Europe is expected to help in the revival of the global market.
Printing Services Benefiting Business During Covid19
Covid19 has brought a lot of new challenges for business operations, especially when it comes to production. With production houses closed off, businesses are looking towards online companies possessing the expertise to provide services well even remotely. While the majority of the businesses are working to establish themselves as recognized virtual stores they still need printing for business stationery and marketing purposes. Online printing services in Dubai is an emerging business that assists businesses with designing and printing several forms of media prints. Below are some points you should consider if you have doubts about printing services. How Can Your Business Benefit From a Printing Business in 2021 Experts Custom Designing: During the hard times of void 19 everyone is looking for a cost-effective method to keep the business afloat. Marketing under such circumstances becomes an expensive transaction. Hiring a professional designer for media printing then paying the cost of printing adds up to a hefty amount. Hiring a printing business saves you the hassle of hiring and dealing with a graphic designer as well as saves you the extra cost. The printing services expert can tell you better about the designs that will look better as a media print outcome. With the assistance of custom printing services, you can select a design from the catalog or give your rough sketches for a vision. Aids to Business Marketing: Digital marketing is great and essential to virtual business stores. whereas, tangible prints benefit in the long term. The print element breaks the barrier between and the customer. Media prints often lie around the house or office place for months and months and are seen by multiple people. Secondly, media prints help be memorable for customers who have shopped from you once only so. Additionally, aesthetic qualities of font, colors, images, and texture that helps to establish brand recognition. With media printing, you can add different types of content to attract your customers. There are a couple of marketing strategies you can use for media prints. Additional Elements on the Printing: Printing is all about how you want to showcase your business with tangible aesthetics. Individuals often add quotes, reviews, and motivational quotes on the media prints. Some of the use elements you can add to the media prints. QR codes: you can add QR codes to your business card which is a great way to market your website and social media accounts. All your customers have to do is scan the code and connect with you. This eliminates the need to google your website. Infographics: Infographics are more captive than graphs and statistics even if the customer looks at it in a blink of an eye, the right formatting of the infographic and the content can be memorable and visually appealing. through infographics, you can share the selling percentage of the best product, add ingredients or add a factual figure relating to your product. Social Media Accounts: Adding your social accounts on the media prints is always a good idea. You can also add up a few descriptions. Such as if you sell home decoration pieces, you can add a Pinterest icon and let your customers know that is where you post DIY for home decorations. Instagram is where you post giveaways and maybe on Facebook, you have a product-specific group for discussions. Create each social media account in a special place. Print a Discount Code: One of the ways to retain customers is to offer them promotions and discounts. Businesses often hesitate to offer online discounts because that brings traffic only at the times of the sales and then the business is dead again. You can print custom discount print codes every now and then. Send these codes out with the parcels. The codes will retain your loyal customers and be a less stressful event for the business. Your customer can use these codes as they like. The discounts codes with the parcels add a personalized touch to the customer experience and increase the likelihood of customers loyalty. Variety of Printing Options The printing business now provides all in services whether it's simple business stationery printing or illustrated children printing. They can assist you with everything. From just one place you can order your marketing materials as well as product prints easily. a business printing company can provide you with the following services: Screen printing 3D printing Offset printing Brochure printing Book printing Presentation printing Flyer printing Business card printing These services are further divided into many categories according to the business nature and functions. Benefits Of Opting For an Online Printing Business Custom printing is a cost-effective form of marketing of which many businesses have yet to discover. An aesthetically pleasing media print makes space on several desks for a long time. Online printing businesses are one of the convenient ways to get your hands on quality printing. These services are fast and work with professional designers for media printing. Moreover, regardless of covid restrictions, you can reach them out for business anytime. The products are safely delivered to your house.
Refurbished Medical Equipment Market is Set to $21.2 billion by 2025
The growth of the global refurbished medical equipment market can be attributed to factors such as hospital budget cuts, a large inventory of used or old medical devices, rising demand for capital-intensive diagnostic imaging equipment, e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growing preference for eco-friendly products, an increasing number of diagnostic centers & hospitals, and the growing opportunities in emerging economies.  However, factors such as stringent regulations on the import and use of refurbished medical devices in certain countries, lack in the standardization of policies for the use & sale of refurbished devices, increase in the influx of low-cost new medical devices, and the negative perception about the quality of refurbished medical devices are expected to restrain the market growth. Furthermore, the growth of the market is expected to be slowed temporarily due to the COVID-19 pandemic during the forecast period.  The refurbished medical equipment market is segmented into medical imaging equipment, operating room & surgical equipment, patient monitors, cardiology equipment, urology equipment, neurology equipment, intensive care equipment, endoscopy equipment, IV therapy systems, and other medical equipment.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=770 The rising demand for diagnostic imaging procedures, the high price of new medical imaging equipment, a growing number of target diseases, widening application of diagnostic imaging procedures, regulatory approvals in using refurbished medical equipment, low purchasing power in emerging economies, and established & government validated refurbishment processes adopted by major OEMs are factors expected to drive the growth of this market segment in the coming years.  The hospitals' segment accounted for the largest share of the market in 2019. The rising adoption of refurbished medical equipment, increasing focus of hospitals on providing affordable treatment and care, and growing emphasis on high returns on investment are some of the key factors driving the growth of this market.  The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period. This can be attributed to the large patient pool in the region, increasing privatization in the healthcare sector, huge patient population base, and high demand for refurbished medical equipment by low-budget hospitals and clinics.  Research Developments 1. In 2020, Siemens Healthineers (Germany) and Hamilton Health Sciences (Canada) have signed a 15 years contract that can be extended by another 10 years to provide comprehensive services for the latest imaging equipment at Hamilton Health Sciences hospitals in Canada. The deal size was approximately USD 192 million. 2. In 2019, US Med-Equip (US) acquired Medical Support Products (US) to increase the capability, national expansion, and provide greater product and service solutions across the US. 3. In 2019, Avante Health Solutions opened a new Charlotte facility in North Carolina, US. This will house three business divisions of the company viz., Avante Diagnostic Imaging, Avante Oncology, and Avante Ultrasound. 4. In 2018, Koninklijke Philips (Netherlands) acquired AGITO Medical (Denmark), strengthening its refurbished medical equipment portfolio of products, parts, and services. 5. In 2017, US Med-Equip  (US), and the Owner-Research group (US) signed a partnership to augment the economy and medical equipment products and services across hospitals in the US.
Appointment Setter – Maximizing Your achievement As a sales consultant!
Appointment Setters are folks that can set up appointments for clients in a whole spectrum of sectors. These human beings are required in corporate environments, non-profit groups, instructional institutions, hospitals, regulation enforcement organizations, and so forth. The venture of those people is very tough and requires having extraordinarily robust interpersonal and income competencies. Other than this in addition appointment setters want to have the capability to prepare an assembly and orchestrate a presentation. To be an effective appointment setter, you want to apprehend the wishes of your prospects. The certified leads that come to your manner ought to be followed up with phone calls and emails to ensure that the interest is maintained. For this, you will require an awesome knowledge of the goods and services that you are selling. You'll also need to be adept at dealing with various personalities and in distinct situations. To be a powerful appointment setter you'll want to understand the significance of nurturing leads and creating a robust community. Appointment setters ought to always put the hobby of the possibilities above their personal. They will usually make income calls after installing quite a few attempts. To get excellent out of the sales calls, the appointment setters have to realize while to cut the road quick. They must have a terrific method in the region to address the calls that don't convert into leads. If an individual isn't always qualified to make a name, they have to search for someone who has a very good sufficient smartphone connection to talk to the possibilities. An appointment setter can use a ramification of strategies to make sales leads. A powerful appointment scheduler will maintain a big database of appointments this is up to date frequently. This facilitates the setters to perceive capability leads and nurture them. The good component approximately scheduling appointments is that it does not contain calling every unmarried capacity lead. Appointment setters will often hold music of leads’ preferences. This means that they have a detailed report of the information that they want for his or her sales representatives. As you may see, an appointment setter can do a lot extra than simply inform possibilities about their activity duties. They're a precious asset due to the fact they help the sales representatives take better care of their prospects. Appointment setters also can maintain the prospects’ schedules updated, which is vital if you want to attain success in your commercial enterprise. As excessive faculty education is vital to get activity as appointment setters or appointment scheduler, you want to maintain an amazing courting along with your potentialities. When this is performed, the results will be far more beneficial for both you and the agency. Do no longer assume that having an excessive college diploma is all you need to grow to be an appointment placing or scheduler. Many individuals with a high faculty diploma or even some university experience have discovered the proper career to shape their talents.
Why Your Business Needs Online Timesheets
A business gets a better vision of the future when it knows how its employees are performing. From a business point of view, productivity and tracking time allow you to improve the team’s performance, maximize resources, and gain accurate knowledge of how hours are being spent.  What is Online Timesheet? The timesheet is a data sheet that employers use to track the time of employees for a certain period of time. It is basically a record of time spent by the employees on a particular task, client, or project. There have been different ways to record the timesheet, like, paper, spreadsheet software, excel, and nowadays online timesheets software.  Why should Businesses use Timesheets? For any business to rise and shine, there should be effective work performed for effective results. Thus, a business owner wants its employees to utilize their work duration in a productive manner. Having a fleet of employees, it becomes quite difficult to understand each employee’s efficiency to finish their task.  Therefore, it turned out necessary to keep track of the employee’s dedication to complete the project. Here Timesheet comes into play. It will help to determine each employee’s work status. Accordingly, you can motivate the employee who is working slow.  This will help to meet deadlines and maintain the budget also. Advantages of Timesheets - Reduce Time Wastage Accurate billing Automates Billing Project Management Saves Company’s expenditure How do different business sectors use Timesheets? Various types of industries are using Online Timesheets in different terms. Let’s check out how: Law Firm – The law firm sector keeps a record of their client’s dealing hours and maintains a list of services they provide. Here, the timesheet assists in tracking the bill according to the client servicing hours. Freelancers – Many freelancers charge per hour with the clients. Thus, maintaining the time record is very necessary. To do this, freelancers use the Timesheet online calculator that helps to record the time precisely. This helps to keep transparency between you and the client. Accountants – The accountant’s profit depends on how the workers of the company spend time to complete the client’s project: the more billability, the more profit. Thus, to set a record of the time and bills, the Timesheet is required. But, correct software should be chosen for the accountants that can help in employee tracking and maintaining the online timesheet. One recommended software is WorkStatus, which includes an all-in-one feature.  Final Words With the growth in technology, time has become a vital part of businesses, and simultaneously a timesheet has been chosen by different industries, to know each hour’s production. An Online Timesheets Software like WorkStatus will help you provide an auto-update about the time schedules of the employees. This will help your business to drive to success. So, say bye-bye to paper timesheets and choose the software that will give accurate time notes, and your data will be safe and secured. Source : Why Your Business Needs Online Timesheets | Benefits & User Manual
Industry Trends, Growth and Analysis For Healthcare Fraud Analytics
Fraud analytics is the efficient use of data analytics and related business insights developed through statistical, quantitative, predictive, comparative, cognitive, and other emerging applied analytical models for detecting and preventing healthcare fraud. The global healthcare fraud analytics market is projected to reach USD 5.0 billion by 2026 from USD 1.5 billion in 2021, at a CAGR of 26.7% during the forecast period. Market growth can be attributed to a large number of fraudulent activities in healthcare, the increasing number of patients seeking health insurance, high returns on investment, and the rising number of pharmacy claims-related frauds. However, the dearth of skilled personnel is expected to restrain the growth of this market.  The global healthcare fraud analytics market is facing a plethora of challenges. Travel bans and quarantines, halt of indoor/outdoor activities, temporary shutdown of business operations, supply-demand fluctuations, stock market volatility, falling business assurance, and many uncertainties are somehow exerting a partial negative impact on the business dynamics.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221837663 The healthcare industry has been witnessing a number of cases of fraud, done by patients, doctors, physicians, and other medical specialists. Many healthcare providers and specialists have been observed to be engaged in fraudulent activities, for the sake of profit. In the healthcare sector, fraudulent activities done by patients include the fraudulent procurement of sickness certificates, prescription fraud, and evasion of medical charges.  A couple of reasons contributing to the growth of the health insurance market include the rise in the aging population, growth in healthcare expenditure, and increased burden of diseases. In the US, the number of citizens without health insurance has significantly decreased, from 48 million in 2010 to 28.6 million in 2016. In 2017, 12.2 million people signed up for or renewed their health insurance during the 2017 open enrollment period (Source: National Center for Health Statistics).  This growth is aided by the increasing affordability of health insurance for the middle class in this region and the rising awareness regarding the benefits of health insurance. In the UAE, as per a new regulatory policy (2017), any citizen residing and working in the UAE needs to be insured medically.   Major players in this market include IBM Corporation (US), Optum, Inc. (US), Cotiviti, Inc. (US), Change Healthcare (US), Fair Isaac Corporation (US), SAS Institute Inc. (US), EXLService Holdings, Inc. (US), Wipro Limited (India), Conduent, Incorporated (US), CGI Inc. (Canada), HCL Technologies Limited (India), Qlarant, Inc. (US), DXC Technology (US), Northrop Grumman Corporation (US), LexisNexis (US), Healthcare Fraud Shield (US), Sharecare, Inc. (US), FraudLens, Inc. (US), HMS Holding Corp. (US), Codoxo (US), H20.ai (US), Pondera Solutions, Inc. (US), FRISS (The Netherlands), Multiplan (US), FraudScope (US), and OSP Labs (US).  Research Developments Analysis 1. In January 2019, LexisNexis Risk Solutions collaborated with QuadraMed to enable patient identification capabilities and reduce the number of duplicate identities & fraudulent claims. 2. In August 2018, Verscend Technologies acquired Cotiviti Holdings. This acquisition helped improve the affordability of fraud detection solutions. 3. In June 2018, SAS Institute & Prime Therapeutics LLC teamed up, enabling Prime Therapeutics to utilize SAS’s analytic capabilities to combat the opioid crisis in the US
Effective Task Management Strategies For Higher Productivity
Are you struggling to discover effective task management strategies? Do you think finding them is a hard nut to crack? The answer is No! Managing your tasks is not rocket science.  Following a few simple tips can bring you the desired outcomes. But what are they? This blog is going to focus on the same. So, without wasting any time further, let’s jump to some of the core task management strategies you may follow for better results. Effective Task Management Hacks 1. Prioritize your Tasks Reasonably, not everything available on your to-do list requires it to be done immediately. Yes, a few great concepts can assist you in taking your game to another level. Nevertheless, it is necessary to authenticate what is relevant in a particular situation. Know the strengths & flaws of your projects with the possibilities and warnings it is encountering. As soon as you are clear with what intends, you can determine the tasks’ significance properly. 2. Manage Change Being open to innovation is essential but understanding the how-to is equally crucial. Several times, you are incapable of driving the change for a particular project or approach. With the scrum approach, you can open and maintain the transformation effortlessly via regular scrum meetings. The standard scrum provides you with a chance not just to summarise the things being completed but even the hurdles they may encounter. 3. Collaborate Regularly Being a project manager, it is imperative to have an apparent task management strength in front of your colleagues. Communicate with your team regularly, question them regarding the project or task update, ask what irritates them the most in their ongoing task management approach, and utilize their review to properly organize your tasks.  Productive collaboration is more crucial when you are running a digital project workforce. It can be somewhat tricky at first; however, there are lots of remote team collaboration apps and tools that make communication effortless than ever before.  WorkStatus is one of the popular tools that you can use for effective team collaboration. 4. Focus on Transparent Communications   As per Gallup-disengaged employees cost American Businesses around $450B to $550B yearly. This number shows the significance of interaction for teams and businesses, and even explains why it is the most critical task management tactic. As an administrator, you need to smoothen your team’s communication attempts to such a degree that it becomes easy.  One of the most reliable means to accomplish this is by building communication ways that guarantee a free movement of data so that anyone can ask questions, simplify doubts, and so on without any hesitation. 5. Develop an Effective Filing System Handling tasks and projects involve much paperwork. Tons of records are built and altered when you are operating on a particular job in a project. This can be changed effortlessly into a task management blunder if you do not have a decent filing system. If you desire to plan your tasks, assure that every document and essential data related to a project are stored in a single place.  6. Perform the Difficult Task First  As we all are individuals, it’s perfectly normal to feel worried while handling complex and challenging jobs. In most scenarios, we make all efforts to dodge tricky tasks or in different words – we favour keeping the most challenging task for the end. This method might store some sweat, but we will need to tackle the challenging tasks someday, correct?  So, cannot we complete them in the beginning? Just consider all the concepts that come to your brain when you possess a difficult job and study how credible or motivated you will feel after accomplishing them. Summary Practising all the time management strategies, as mentioned above, will aid you to suitably organize your workday. After only some days you will discern that: 1. Your productivity has increased. 2. It’s simpler for you to do jobs you’ve been assigned with. 3. You will feel like you have more time. 4. The work-associated pressure has dropped significantly Moreover, you can use an expert tool, like WorkStatus, to attain higher and effective results.  Being introduced by a team of experienced developers, this task management tool is packed with multiple features. Here are a few of its advanced features:  1. Time tracking,  2. Screenshot capturing,  3. Managing tasks 4. Project budgeting for tracking milestones 5. Productivity monitoring 6. Detailed timesheets & timecard reports for analysis 7. Daily activity track with GPS and Geofence tracking What makes it the first of startups, SMEs, and Enterprises is that it is designed for businesses of different niches. Not only this, you can even track the location of your employees via an integrated GPS tracking facility.  SOURCE : 9 Effective Task Management Strategies For Higher Productivity
Trying too Hard to Be Just Okay
You don't know what level of yourself you are comfortable sharing with people. You love to hang around with people. You love to be a part of plans and fun events and you consider yourself fun but the nagging, permanent feeling that people don't like you or don't want your company is paralyzing. You think about this probably too much. You don't go anywhere you weren't explicitly invited. You don't hang out with people unless they specifically ask you too. You are not comfortable assuming a level of friendship with people. You need to be clued in. You've been burned a lot by thinking you were closer to someone than you think Because you've been burned, you hang on probably too much to the people who do tell you you're wanted around. Then you start worrying that you seem clingy or desperate or overbearing or like you're trying too hard and it's because you are, you are trying to be fun and friendly and be well recieved because you are so, so lonely at the end of the day, even if you aren't alone and that loneliness is crippling, it haunts you so that during the day you have small panics where you are anticpating the impending loneliness and then it starts creeping on earlier. You see the people you know going out and having great times and living life laughing, and you are sat at home by yourself and you turned the light off because you don't want to even think that maybe someone can see how depressing your sad little empty life is. You feel like you are the friend from high school that you 'know' but never talk about or whose interests you have any inkling about. You feel like an 8-hour friend, someone to shoot the breeze at the watercooler with about nonsense and then say goodbye to. You are like a fortuneless fortune cookie. I guess it's nice to have but it's really not the important part of your order, and there's nothing remarkable about you.