Managing everything in a company is the responsibility of HR managers, CEOs and higher management. A software which supports the work of HR managers with incredible features like low cost, friendly interface, Integration with internet and cloud, compensation management and employee records is a blessing for businesses these days. Every company is looking in a strategic way to process their employee data and retrieve that information 24/7 without hassle. An effective software with all these features is hard to find because many latest HR & Payroll Software lack these features.
A simple and yet cost effective HR Software with rich features like employee performance management, learning and development features, Training of staff, employee shift management features and an entire payroll system is essential for the modern organizations today. The need for such a software arises due to increasingly competitive market these days. If a company loses its focus on its products and quality of services, then their competitors find it easy to gain an advantage over them and grab the biggest share of a market. Therefore, a great HR software can take the pain away from your HR personnel and managers and let them concentrate on their duties.
The most reliable brand in the market is hard to find. Many ERP based software are also coming in the market, which helps the employers and HR managers to some extent, but do not truly satisfy them. In order to fulfill the needs of modern day managers, a modern software with rich features is a necessity. It provides simplicity with its ease of use and it makes workflow smooth rather than making things more complicated. The best feature of a great HR software is the installation on any operating system on the desktop computers, laptops, and mobiles. It runs on the iPhones, Windows mobile and makes it easy to give access to any type of information to HR managers and CEOs without taking much time. It simplifies the attendance process in the company to make sure no employee misses his attendance.
Human Resource Management is a key function in a business without whose support a business cannot survive. An efficient HR helps the organization in recruiting, training, appraising and retaining talented employees which help an organization in not only surviving the competition in the market but also helps in gaining competitive advantage over competitors and also to attain business excellence. A proper and efficient Human Resource Management of HCM software can assist an organization in getting the right people for the right tasks along with heling in different issues like recruitment, talent development, appraisal, succession planning and training programs. An efficient HRM software will streamline all HR related operations in an organization, thus greatly increasing the efficiency and productivity of not only the HR department but the whole organization.
There are multiple HR software in offering various benefits and functionalities. HR systems of today are not only powerful analyzing tools but also user-friendly and affordable, allowing HR personnel to access important data, to develop training and recruiting programs, and to automate routine tasks. However to select a reliable HR software in , you need to make sure that they are providing the following features:
Mobility
Gone are the days when HRM software and ERPs could only be accessed by a desktop computer system. Smartphones rule the market and one of the features that are often checked by buyers is whether the software provides mobility or not. The rise of cloud-based technology has enabled accessibility like never before. A mobile HRMS provides the employer ease in monitoring employees remotely from anywhere in the world.
Leave Management
Keeping a check of attendance and balance of leaves is a concern of both the management and the employees. While managers need to see the implementation of leave policy, the employees desire to easily apply for leaves or cancel them as the situation arises, informing the management beforehand. This allows the management in assigning tasks in such a way that the usual flow of business is not affected.
Recruitment Software
As you post a vacancy for a job, hundreds of resume fill your mail and make it extremely different for you to sort them out and to find the most relevant candidate. A good HRM software would provide powerful tools that help you in storing resumes in a centralized location, screening candidates based on specific criteria, track applicants, manage interviews and select candidates.
Payroll Software
A HR system that doesn’t support a payroll system is like a body with no blood flowing through it. An efficient HR & Payroll Software in streamlines all operation related to the payroll such as salaries, commissions, bonuses and incentives and keeps a track of them along with supporting all statuary and regulatory compliances related to a country. It also helps in developing settlement process for employees who have resigned and also helps in generating multiple pay slips.
Performance Appraisal Management
Another important feature that should be present in your HRM system is performance management. Actively monitoring the performance of your employees and identifying areas where there is a need to further polish their skills along with providing training in those fields where there is a deficiency is extremely crucial for an organization. It helps you in keeping a check on their competencies and allows you to improve not only their performance but also in achieving business excellence.
PeopleQlik by Bilytica is such a reliable HR software in that provides these features along with addition along with being cost-efficient. To solve all your HR issues, try PeopleQlik today.
Insurance brokers and agents have confided in pen and paper for many years. But as the technological landscape shifts and every organization is going digital, they feel left behind. Along with being costly and tedious, traditional methods for insurance brokers and agents are failing.
However to keep up with the market trends, insurance agencies are turning towards the help of insurance broking software to assist them in insurance related tasks such as verifying claims an developing packages for clients. Along with that technologies such as Big Data are also being incorporated for complex operations such as fraud detection. There is a realization in the insurance industry that if proper and efficient insurance broker software are not utilized and their full capabilities are not harnesses, then the insurance industry may die like the dinosaurs.
Management of insurance companies faces a dilemma – insurance management software are usually expensive, whereas simple excel sheets do not provide the sufficient functionalities to deal with overall operations. Cloud based solutions are becoming increasingly popular that offer subscription models and ease a lot of things for insurance brokers.
Insurance industry is incredibly complex and acquisition and retaining of clients is even more difficult. Insurance industry has a huge churn rate and to stop that not only do they require an effective customer relationship management but also offering, from the dialogue of the movie Godfather: “I’ll make him an offer he can’t refuse.”
InsureQlik is a remarkable product offered by Bilytica that deals with various insurance related operations such as policy administration, claims administration, underwriting, billing administration, HR and Payroll management, sales management and CRM, document management, offers management and invoice and payment management in just one application. This is a software especially designed for broker and insurance companies, private and public entities and captives by acting as an advisor, broker, insurer, and risk and claim handler.
And that is not the end of the story.
Bilytica’s InsureQlik offers Insurance Broker Software which help’s in Insurance fraud detection, analytics, risk and compliance, data mining, forecasting and statistical analysis along with being the most reliable, efficient and cost-effective solution for insurance industry.
Bilytica has a global presence and its clients include prestigious organization such as Shell and Audi. With a range of Enterprise Resource Planning application in its portfolio, InsureQlik by Bilytica is your one stop solution for all of your insurance related concerns.
The landscape at is changing – at a quite rapid pace. For many decades the only strength for ’s economy lay in its vast resources of natural gas and crude oil. But under the reign of King Salman things are turning their direction. Instead of solely relying on Oil Revenue, wants to follow the role model of UAE with a diversified economy not just focused on natural resources but also in the fields of business, defense and technology. The Kingdom is facing a turn on the road of its future. It can either carry out its existing policies that the ruling family have themselves started to question as outdated or they can lay a plan for a more radical development to acquire s place in the global market in science and technology.
For many years the Kingdom of has been providing the natives with jobs in the public sector. However as the youth and women in are getting more educated in recent years, the ministry of labor has expressed its desire to place it blooming educated public in the private sector as well. With the Kingdom Big Data & Analytics summits and other tech based conferences taking place this year, it clearly demonstrates the interest of the government in Big Data Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA in .
Big Data services however require Business Intelligence services in to prosper as both work in unison. Students are being taught latest courses regarding analytics so that they can propel Data warehouse managed services in , a lucrative emerging market in the Middle East.
As Prince Muhammad bin Salman expressed his desire for to be free of its dependence on oil revenue by 2020 in April, which counts for 90% of the total GDP, the government is viewing many alternatives from mining to data mining.
Data warehouse services in are yet in the nascent stage and require the expertise of reputable international organizations that have years of experience under their belt. Big Data services in are also a very tempting segment to target. As the world is shifting towards big data analytics to make use of zettabytes of data at disposal, the problem is not having sufficient data but to identify trends and patterns from too much data.
Business Intelligence in is also directly proportional to the growth in data analytics industry. With the booming growth is usage of Facebook, WhatsApp and YouTube in , marketers have in their way a score of data depicting customer preferences which if properly comprehended, can expand sales in a matter of short period of time. Because saudi-arabias have more presence on the social media as compared to spending time with friends and peers. With 75% of saudi-arabias under the age of 30 with a strong virtual presence. Thus it is a high time for businesses and especially marketing personnel to tap into this growing inclination of going online and acquiring more customers who would be happier to buy due to a rich economy and high standards of living. Which is why organizations operating in need to invest in Business Intelligence in in order to maximize their profits and to grow their market share.
Although provides many jobs to its people, however most of them are in the public sector. Along with that there is unemployment among youth and women, especially in the north of the country. feels the need to respond to the changes in the international market especially due to ongoing innovation in technology
To gain more advantage from the human capital it is necessary to understand the needs and deployment of the human resource at hand. Dealing with HR problems is part science and part art as you have to tap into the data but also deal with the element of interacting with people and reaching out to them.
Government officials and leading business men of the kingdom are aware of the growing need to address issues regarding HR. The biggest issue in talent acquisition and development, training and motivating employees to unleash their full potential along with managing human resource in a very humane and efficient manner. A balanced approach is required as some organization become more data centric, treating employees as another ‘resource’ in the business mechanism.
To tackle these issues HRMS software in are an urgent need. There are multiple HR software in which are floating in the market however most of them are either difficult to use or are in efficient in one dimension or the other. Due to the shifting trend towards Human Capital Management systems instead of Human Resource Management Systems, the future for HCM software is in is quite bright. Managers require easy to use management systems in which they can view employee performance in the forms of interactive dashboards and charts whereas employees require a quick access to HRMS in order to apply for leaves or to update their details. There are also various Payroll Software in but most of them look like an ancient relic.
Bilytica is an international expert in business intelligence and data analytics tools which for almost a decade has been providing its client such as shell, Nokia and Audi with reliable and effective solution especially crafted according to clients requirements. PeopleQlik is a user friendly HRMS software that can be even viewed on mobile devices, allowing managers and employees to deal with HR issues on the go.
PeopleQlik by Bilytica.sa is one of the finest HR software in are available in the market. As one of the leading HCM software in , it is not only quite effective but also less costly in comparison to other HRMS software in . It not only provides HR analytics and performance management but also acts as a recruitment software, timesheet and payroll software system, features that traditional payroll software in lag behind. Due to reliability, efficiency, and swiftness, PeopleQlik is adopted by brands like Audi and Coca-Cola.
A few years ago Big Data technology sounded like the mythological unicorn in fairy tales. Now it’s an accepted part of today’s working business and a growing number of organizations are trying to harness its enormous power. Predictive analysis and data analytics are the hot subjects these days and are selling like hot buns these days. Not only had the US and European markets have adopted this new trend in data technology but also the countries in Middle East countries. The saudi-arabia Government is developing new plans for implementing Big Data services in .
’s big data market is expected to grow to $850 million dollars by 2018. The prime factors boosting the implementation of Big Data services in are the swift automation of commercial and industrial activities along with the fast digitalization of the country. The burgeoning Big Data market although is in its initial stage yet it has already excited the government and the kingdom is showing keen interest in it.
Even courses related to data analytics have begun to be opted by students in various universities. Not only large multinational corporations but saudi-arabia students as well are utilizing Apache Hadoop to design solutions for industries of the country.
But Big Data needs to be coupled together with Business Intelligence to get proper ROI. Big Data can help you in identifying underlying patterns while Business Intelligence aims to utilize this diagnosis for the benefit of the organization. In short, one aims to find relevant question and the other addresses those questions. That is why the importance of applying Business Intelligence in cannot be undermined.
International Data Corporation has issued a report which claims that the market related to Business Intelligence in is expected to exceed $89 million in 2018 with a CAGR (Compounded Annual Growth Rate) of19.4% in the Business Intelligence tools market. This clearly shows that Business Intelligence and Big Data have a great potential in the saudi-arabia Market.
Business Intelligence, especially advanced BI applications can greatly impact a business, improving the efficiency by getting competitive advantage over rivals, helping managers in taking better decisions, and streamlining operations.
Since 2007, Bilytica is creating symbiosis among data and advanced analytics to develop solutions for clients such as Shell, Nokia Coca-Cola, Audi, Vodafone and Walmart which have enabled them to enhance business performance and efficiency along with cutting costs and delighted our customers. Our expertise in Big Data, Business Intelligence and Analytics is unparalleled in the market due to our experience and the expert team of professionals at our disposal. Bilytica doesn’t only create business solutions – it ‘connects’ data, analytics and people with each other.
Those days have become history when finance leaders spent their days with their heads buried in spreadsheets. Figures show that 88% of spreadsheets sometimes show errors. Finance leaders can leverage analytical insights from organizational data to map their organization’s strategy through the use of contemporary data analytics software in . It assists chief financial officers to scrutinize situations, analyze the competition and spot opportunities to take smart move on business insights.
Finance leaders who completely want to put their focus on long-term strategy must try their best to eradicate the activities which cannot add any value. All these teams had a robust infrastructure that featured planning platforms along with data definitions and other related finance processes. They assimilated and analyzed all the fields related to an external financial and operational data. In short, finance teams moved beyond the numbers to concentrate on the big picture by incorporating data from variant sources and leveraging strong data analytics software.
The basic role of centralized data has got huge acceptance among finance teams. 75% of CFOs have emphasized its importance for financial planning as it allows assimilation of data and resources from across the organization. Even so, fewer than half thought that their teams were up to the job. Finance teams can easily answer the complicated questions; evaluate the revenue growth potential of particular client along with product profitability, staff utilization and supply chain susceptibility by gathering data from various unique sources. This will help them to find out data that can drive operational and capital investments.
Rational systems that keep on refining the existing behaviors over time through the use of collected experience for building a starting context for each new inquiry. The can also provide support for insights acting proactively through identification of the types of consumers which are highly likely to spend more than others and the ones who can easily become repeated customers, thus in this way you can predict the deals that are particularly close to get completed. Such insights can inform marketing strategy, improve cash flow projections and allow the enterprise to adjust expenditures as necessary. Rational systems can also be used to assess acquisitions and refine your pricing and promotional strategies.
Spreadsheets were once the favorite system of financial officers, but contemporary big data analytics services and business intelligence solutions in has made financial reporting more reliable, efficient and agile. It enables CFOs and finance teams to concentrate more on developing long-term business strategies and less on numbers.
Predictive analytics applications have emerged as one of the most innovative ways to increase bottom line benefits. Many firms that experience shrinking profit margins are failing because of overwhelming data that they just cannot handle. With the help of Data Analytics Software in the raw data becomes manageable, making it easier to discover more from it and increase bottom line benefits.
The Need for Real-time Decision-Making
Contemporary industry does not allow one to ponder for hours on trends and patterns. Instead, decisions need to be made in real time and therefore, firms need models that structure data, study it and recommend a next best course of action.
Directing Resources to Maximize Profits
Since resources are limited for every firm, they need to be invested in the right places to maximize benefits.
For example, using the SPSS Modeler predictive analysis, Mede Analytics Inc. was able to develop their payment collection system to facilitate those who paid most of the firm’s total funds. With the help of forty payment behavior indicators and the SPSS Modeler, the firm derived a way to assign a likelihood-to-pay score for each patient.
The collectors were then asked to focus their efforts towards the twenty percent people most likely to pay (based on the score). Resultantly, the payments rose by twelve percent.
Transform your Business via Predictive Analytics
Business transformation via predictive analytics’ models is on the rise in a variety of industries. Through these Data Analytics Software in , firms are better discerning their data. A Dallas-based beverage distributer employed the help of the SPSS Modeler to improve his distribution services by ensuring the availability of popular beer brands in locations where they were in-demand.
He designed a dashboard that offered the best product mix at 10,000 retail location. Andrew Distributing was not only able to operative 75 percent faster but was able to add two more brewing firms to his retail business while increasing the compound periodic growth percentage for a new beer by thirty-five.
With the help of business intelligence and predictive analytics, you can manage the business activities in well manner which also insure the profit and success of a business.
Businesses growth depends on the pillars which are their departments and the most important asset which are their workforce. If companies use disparate systems and specialty software programs then it is difficult for them access and use their valuable data. Organizations should replace their conventional systems with an integrated enterprise resource planning (ERP) solution to break down the barriers and fortify collaboration.
Businesses usually opt for specialty business software as it makes sense to them. Sales department need sales management software to capture sales data, inventory team requires efficient inventory software; warehouse department needs warehouse management software in and so on. You need time to export data or prepare detailed reports from those individual systems to share data with management or other teams. These software systems may seem effective on their own but they may create risks. In addition, you may compare or analyze that data by using spreadsheets or another system. Useless data entry not only wastes your precious time but can also lead you to poor decision making by escalating the possibilities of data errors.
Save time and gain visibility throughout your business by switch your conventional software with a single integrated ERP solution to save your valuable time and to gain in depth insight of your business operations. You can handle all of your core business functions with higher efficiency from within one strong ERP solution, than with multiple, specialty solutions. Enter, access, and analyze key data related to finances, inventory and supply chain, manufacturing and distribution operations, human resources and payroll, and other core business processes. Make swift business decisions that drive the growth of your business by accessing the right and in time data through built-in business intelligence and reporting features of modern and efficient ERP software. Contemporary ERP solutions offer time-saving automations that allow you to enjoy aerodynamic business operation. For instance, use the saved customer data to complete a sales order, prepare an invoice, or offer follow-up services and support.
Put together your teams on the same page by switching multiple software systems with single integrated ERP solution. Upgrade your systems with ERP solutions in to link business processes so you can strengthen teamwork, enhance efficiency and improve customer satisfaction.
The internet provides us with a number of options when it comes to looking for cloud ERP software solutions in . However, there are so many options that one may feel overwhelmed and find it hard to pick the best solution.
In order to pick the cream of the crop, here’s what you can do:
SSAE16 Certification
Go for the provider which guarantees at least the minimum standard for SSAE16 certification, nothing lesser than that. If ISO27001 registration, which provides us with security protocols, is also offered, then that is an added bonus.
Pick the Most Convenient Cloud Model
Cloud models need proper hardware to function. Therefore, it is necessary for the firm to pick the model which goes well with their existing hardware. Choose the provider that lets you pick your very own “Private Cloud” – an infrastructure fine-tuned to fit the infrastructure of your company. Decide how well the support is and what services are included.
Go Through the Agreement
It is important to know exactly what you are signing before you do so. Study the stipulations and decide if they suit your needs. Is the infrastructure being given on a lease for an ERP software in ? If that is the case, then is the hardware taken care of properly or just on paper? Try to ensure practical monetary benefits.
Return on Investment
Since going for a cloud ERP system is an investment, don’t forget to define the returns. Moving to the cloud does not automatically ensure profits. It may be more profitable to outsource system admin functions. It will save up time and space will give you better support, security and consumer perception. You will have to determine what’s best for your firm.
Solutions as a Cloud Service
Outsourcing admin functions and going for long-term policies on business systems’ replacement may be even more beneficial. You may have to change your SaaS solutions and other related software to fit the new cloud system. This will require a lot of capital.
Service Level Agreements
Lastly, to discuss best practices, try to get expert help to understand difficult words and to get the best deal for ERP Solutions in . It is always better to get the best deal you can.