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What Are the Benefits of Electronic Payment Systems for Business?

Strategy Driven

An eCommerce payment system is also known as an electronic payment system, which is a digital transaction or paying for goods using electronic medium and eliminating the requirements of cash and checks. In contrast, e-payment is classified into two categories, i.e., credit payment system, and cash payment system.

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7 Strategies for Reducing Operational Management Risk

Strategy Driven

Deploying an operational risk management program that does the intended job remains a challenge for many businesses today. Another problem companies face today involves the funding of the operational risk management strategy consistently. Global commerce continues to expand and supply chains are becoming more complex. Start at the Top.

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It’s a Match! How to Create an Equitable Compensation System That Fits You

HR Digest

As 2023 draws to a close and companies begin to settle on the wages and hikes for the next year, the question of how to create an equitable compensation system might flash in everyone’s mind—if briefly. The Mercer QuickPulse US Compensation Planning Survey of August 2023 found that employers are planning a 3.9

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Culture Management: It’s a Thing

Talent Anarchy 1

Running an organization requires the management of certain functions. Take financial management, for example—no one gets a pass on that. Culture is a part of every organization (like finance), and there is increasing agreement that it has a direct and powerful impact on competitiveness, performance, and bottom-line results.

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HR Benchmark Report: How to Recruit, Coach & Develop Teams

Paycor surveyed more than 1,000 HR and finance leaders of medium & small businesses and found that only 31% said the teams they’ve built are, in fact, effective. How a quality learning management system can help engage employees. Why the disconnect? Why 360-degree feedback is critical.

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Slack Is Needed If The Digital Transformation Of Healthcare Is To Succeed

The Horizons Tracker

The COVID-19 pandemic has accelerated digital transformation in healthcare,” Teun Schutte, Managing Consultant, Mobiquity, says. The managing director put this very well when she yearned for ‘time to play, time to gaze out of the window, time to let things settle, time to read and react,” the author writes.

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Many Competency Models are Failing. 5 Keys to Make Them Flourish

The Practical Leader

Competency models are widely used for 360 assessments, performance management, and leadership development. I worked part-time in the finance office to help pay for school, and when I graduated started working there full time as I had to get a “real job” to pay the bills. But most aren’t used well.

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