Introduction The United States outsourcing statistics show that American corporations routinely send customer service and IT jobs offshore, where they can get the same outcomes for a fraction of the cost. Outsourcing is assigning internal business functions, workflows, or processes to an external company (third-party…
eCommerce sales in the United States have significantly increased over the past decade. In 2012, only 5% of retail sales happened online. Today the share of eCommerce stands at 16.1%, according to Statista. This is a golden time for eCommerce business owners, who can...
If your startup is about to develop a mobile application, one crucial decision you have to make is which platform to use. Should you go with Android or prefer iOS? Picking any one of these two platforms is not like deciding between tea and...
In the recent past, big names in the banking sector like Axis Bank and Deutsche Bank have made it to the news for incorporating RPA in their processes. However, even Japan's biggest banks, like Mitsubishi UFJ Financial Group Inc.(MUFG), Sumitomo Mitsui Financial Inc. (SMFG),...
With a rise in the popularity of legal cash discounts and various surcharge programs, it becomes very typical to find businesses looking for different tactics to lure customers. Credit card surcharging and cash discounting are the two most extensive tactics. Although this method is...
PayFac, or payment facilitation as a service, offers a different software platform to onboard new users and monetize payments. Additionally, the platform acts as a merchant account that sets up the sub-accounts for end users. The platform users complete simple applications in minutes and begin...
Are your business processes in dire need of optimization? Are you hoping to enhance efficiency but need direction? Robotic process automation is the answer for all your business needs. According to Grandview Research, the global robotic process automation market size was valued at USD 1.89...
“As so much of our lives have shifted to online shopping (including grocery buying), it is apparent that businesses need to figure out some reliable ways to revive and re-strategize online as well as in-store experiences.” One seamless way to do that is by investing...
Are VOIP better than landlines? What benefits does any business have using VoIP solutions rather than a traditional phone system? These questions should be answered first to choose the appropriate phone system for your organization. Businesses are familiar with traditional phones or landlines; however,...
Modern technologies built better inventory management. For instance, AI in inventory management or, let’s say RPA in the management has transformed things for good. As per Statista, here are the technologies that people are currently investing in. AI is amongst those top four technologies,...
The advent of cheap smartphones and widely accessible internet had opened new opportunities for companies to interact with customers via mobile apps. To make my point, here’s a Statista study estimating the number of smartphone users to cross a 3.8 billion mark in 2021! The...
Various industry sectors are leveraging Robotics Process Automation in their business processes to automate the mundane and routine tasks. Even though the technology is fairly new, the technology can significantly improve the overall productivity in the workplace and make the process lifecycle flawless. The...