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The pandemic has impacted various business verticals in different ways. Some of them had negative impacts, and some had increased positive growth in their business. With the change of working structure and remote working in place, channel partners feel more isolated now. According to a study, 56% of channel partners feel isolated and less engaged…
Category: Management
How has Sales Team Management changed during the Pandemic
It takes an average of 9 cold calls to attempt to reach a prospect. On average, every salesperson makes at least 220+ calls every day. Aren’t the sales teams working hard each day to approach the customers? Yes, they are… The organizations also help in boosting the motivation of the sales team now and then….
Managing business expenses in a contactless CoVid world
The pandemic continues to unfold and evolve in unpredictable directions. With work from home and social isolation still being enforced, business leaders need to come up with novel protocols and policies for the business to run smoothly with complete visibility and control. With several key industries such as travel and aviation being reconfigured, business operations…
Applying intelligent spend management to attain desired business outcomes
It’s rightly said, “You can’t cut your way to growth, but you can cut your way to survival.” With the COVID-19 pandemic disrupting the entire business landscape and transforming how people spend their money, organizations must apply intelligent expense management to sustain within limited resources and attain their desired goals. Employee spend, formerly company-controlled, has…
Managing remote spendings while maintaining team morale
With working from home set as the new paradigm, it is growing essential to manage meetings, projects, and team communication seamlessly for different teams with different requirements. Organizations usually go ahead and install platforms that allow them to decentralize work. This is the right move given that we are still working to understand the new…
On-the-go expense management for logistics employees
Logistics service providers who offer supply chain management and logistics solutions operate on a large scale. Their business typically runs out of several hundred, if not thousand locations with a large number of logistics centres and offices. Their employees are constantly on the move shuttling between cities. Challenges with traditional expense management in logistics companies…
Why You Should Stop Paper-based Expense Reporting
Despite being in the 21st century several organizations and companies rely largely on paper-based and manual expense reporting. While this might have been the norm several years ago, continuing to process expenses the same way leads to companies missing out on key aspects of the strategy that allows them to maintain relevance while saving time,…
5 Major Hidden Costs of Manual Expense Management
Expense management, in most organizations, brings to mind spreadsheets or email-based reporting. While this seems streamlined from the outside the work, it remains complex and tedious. Multiple steps, cross-checking at every level, authority sanctions, and cross-department forwarding are only some processes eating into the company’s person-hours. Manual expense management is very costly in terms of…
The State of Expense Management in a post-COVID world
With supply chains disrupted, there is an unprecedented strain on the resources and capabilities of businesses. This has, unsurprisingly, brought business continuity into question. Therefore, in the face of this pandemic, ensuring accurate and efficient expense management is the smartest way forward. Under immense pressure to prepare for the post-COVID world, the management and the…
