October, 2020

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7 Ways to Improve New Hire Onboarding

Automation Anywhere

Onboarding is critical to the long-term success of any new hire. It's an opportunity to make a great first impression on recent recruits that drastically increases their likelihood of becoming significant contributors to organizations. It's also the first step towards retaining talent, which McKinsey identified as a top challenge enterprise leaders face.

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What Is a Managed Service Provider (MSP)?

https://www.hcmworks.com/blog

A managed service provider (MSP) is an outsourced third-party company that manages and assumes the responsibility of a defined set of day-to-day management services to its customers. It is a strategic method of improving operations that is commonplace among large corporations as well as small and medium-size businesses, non-profit organizations, and governments.

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What Is 3D Modeling? (How Does It Work And What Is It For)

Magellan Solutions

So what is 3D modeling? . It works by manipulating points in a virtual space to form a mesh: the basic foundation in creating a surface. 3D modelers typically use geometric primitives like cylinders, cubes, and spheres to start the 3D modeling process. Using this basic shape, they work their way up until they come up with a complex and precise 3D digital representation of an object.

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Singapore Immigration Updates: Four Ways COVID-19 Alters Singapore’s Foreign Employment Policy

Velocity Global

Despite being one of the world’s most competitive economies, Singapore has not escaped the financial shock caused by COVID-19. Singapore’s Finance Minister, Mr. Heng Swee Keat, considers the pandemic to be “the country’s biggest crisis since independence.” According to the Labour Market Report , Singapore experienced its sharpest employment rate decline on record in the second quarter of 2020 as employee retrenchment doubled.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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SirionLabs October 2020 Newsletter

SirionLabs

Our October newsletter is out now! Features updates on Spend Matters’ CLM SolutionMap Fall 2020 Report, a 10-point checklist for sell-side CLM, updates on our recent partnership announcements with CATS CM® and Integreon, and more. SirionLabs Positioned as Value Leader in Spend Matters’ CLM SolutionMap Fall 2020 Report. The latest CLM SolutionMap report by Spend Matters recognizes SirionLabs as a CLM Value Leader.

Finance 52
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Gratitude Builds Customer Relationships: Why You Should Always Thank Your Customer

Jonajo Blog

Think about your favorite brand. Why are they your favorite? Does it remind you of when you were a kid? Do they have outstanding customer service? Does it give you some other positive feeling? The chances are your favorite brand earned that title because it gives you a positive feeling when you think about it. Interestingly, one way to build relationships with customers is by creating an emotion that is associated with your brand.

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Contingent Workforce: What is Supplier Performance Management (SPM)?

https://www.hcmworks.com/blog

Supplier performance management (SPM) is a business practice that is used to measure, analyze, and manage your supplier’s performance in an effort to cut costs, alleviate risks, and drive continuous improvement. It's a crucial aspect of any contingent workforce management program. The ultimate intent of SPM is to identify potential issues and their root causes so that they can be resolved to everyone’s benefit as early as possible.

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Why Is 3D Modeling Important To Businesses

Magellan Solutions

3D modeling has revolutionized the way product design and development work. From simple two-dimensional illustrations, it turns concepts into close-to-reality digital models. It also provides extensive information about the product, allowing designers to pinpoint inaccuracies and flaws before the actual production or construction stage. Aside from these, there are many other reasons why 3D modeling is important to businesses.

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Three Drivers of the M&A Rebound in 2H 2020

Velocity Global

M&A activity dropped during the first two quarters of 2020 after COVID-19 created economic conditions not seen since the Great Depression. As the business world adjusts to the new normal, executives regained confidence in their companies’ outlook and the global economy. As a result, dealmakers significantly increased M&A activity. Companies and private equity firms closed $1 trillion in M&A deals during the third quarter of 2020—an 80% increase from the second quarter.

Payroll 52
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Human Capital Management Suite Adoption Surges Under Covid-19

Avasant

Press Releases. Human Capital Management Suite Adoption Surges Under Covid-19 October 27, 2020. COVID-19 has prompted enterprises to accelerate adoption of Human Capital Management (HCM) suites, upping the deployment rate. The pandemic has forced enterprises to seek low-and no-touch solutions for HR operations. Consequently, organizations are accelerating their digitization and automation of manual HR processes.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Clashing Priorities: Vendor Diversification vs Efficiency and Vendor Risk Management

Sourcing Advisors Group

There is a brewing conflict in the world of Procurement – firms are aggressively pursuing Vendor Diversification while the same time, they are unable to manage most of their incumbent vendors, according to a recent Deloitte survey. Majority of firms – at least 75% based on Deloitte’s survey – are actively expanding or maintaining their supplier base at status-quo.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

The retail banking industry is faced with significant challenges to achieve optimal operational efficiency and profitability while providing the highest level of customer satisfaction. Financial institutions are also facing competition from new fintechs that provide online banking, payment services, and tailored customer experiences without being constrained by brick-and-mortar branches and legacy processing systems.

Retail 98
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How to Create and Manage a Contingent Workforce Referral Program

https://www.hcmworks.com/blog

Temporary and contingent workers are traditionally sourced through staffing agencies, but, with a growing skills gap making it increasingly difficult for organizations to access top talent, companies are starting to look outside of the traditional channels to procure non-permanent workers.

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How Much Does 3D Modeling Cost?

Magellan Solutions

You might not notice it, but you can find 3D models in many things around you, such as in games, movies, landscapes, architecture, arts, designs, science, and many more. . Businesses create these 3D designs through 3D modeling. And you might be wondering right now how much does 3D modeling cost. If you want to bring your vision and ideas to life, read further.

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Challenges and Solutions in High-Volume, High-Stakes Hiring

Facing a hiring surge that feels like conducting a complex orchestra? Our guide is your roadmap to harmonious high-volume hiring. In it, you’ll learn: Strategies to maintain quality while hiring at scale The real math behind agency vs. in-house recruiting Secrets to a stellar candidate experience during hiring spikes Resource optimization techniques for stretched TA teams Don't let resource constraints or market pressures derail your hiring goals.

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5 Common Misconceptions About International PEO—And Why It’s the Right Expansion Solution For You

Velocity Global

Transforming from a small tech startup to a global software leader is a significant milestone for any business. However, SaaS companies, specifically in the legal software industry, face unique challenges overseas—like legal and compliance hurdles, IP (intellectual property) protection, data storage laws, and market-specific employment laws. Companies that handle highly sensitive information need an employment solution that not only ensures compliance, but also accelerates time-to-market, reduce

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Enterprise Security Orchestration Platforms – Gravitating Towards AI-Enabled Tools and Contextual Indicators

Avasant

Press Releases. Enterprise Security Orchestration Platforms – Gravitating Towards AI-Enabled Tools and Contextual Indicators October 2020 . The traditional enterprise security platform is evolving. They now incorporat e more capabilities into a single enterprise SOAR (security orchestration, automation, and response) platform. The SOAR value proposition has become more evident during the C OVID -19 pandemic , because organizations require multi-functional capabilit ies to secure

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Top Programming Languages 2020

3Pillar Global

With something like 600+ programming languages floating around in cyberspace and dramatic shifts in demand based on the top coding trends, it’s hard to keep track of which programming languages are in or suddenly out. In 2020, Python, Java, JavaScript, C, C++, and C# continue to reign supreme, proving they’ve got real staying power that stands to continue into 2021 and beyond.

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Checking a Bot for Rogue Traffic and Plaintext Connections

Automation Anywhere

It’s a good idea to perform a security review of a bot before you decide to implement it in your network. One test you can perform is to see what types of connections the bot is initiating, as well as what servers the bot is connecting to. If you are a bot developer, it is also important to check and make sure that no data is being leaked over a plaintext protocol that could be read by anyone observing the network traffic.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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What Is a Sourcing Agent? And Why You Might You Need One

SourcX

Finding a manufacturer overseas is an increasingly appealing prospect for many companies that want to keep labor costs down, increase their profit margins, and gain access to a global skilled labor market. This is especially true for companies that choose to source products from low-cost countries, many of which offer a significant competitive advantage when setting up a global supply chain.

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The Essential Guide to 3D Modeling Outsourcing

Magellan Solutions

Trying to figure out if 3D modeling outsourcing will be beneficial to your business? This guide will help answer some of your questions. Outsourcing helps in business efficiency and profitability. In the case of 3D modeling, it allows you to start new projects quickly, without much hassle. If you want to know more about outsourcing 3D modeling, read further to find out more about the following: What is 3D modeling?

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Velocity Global establishes Asia-Pacific Headquarters in Singapore; appoints Nicholas Yap as Managing Director

Velocity Global

Denver, Colo. and SINGAPORE, October 20, 2020 —. Velocity Global clients grow more than 30% in APAC this year. Company plans to add hundreds of clients in APAC within two years. Nicholas brings 20 years of APAC business growth experience. Singapore follows Amsterdam as second regional headquarters for Denver-based company. Velocity Global , the leading provider of global expansion solutions, announced today it has selected Singapore as the location for its Asia-Pacific (APAC) headquarters.

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The Analyst Cam: Avasant Research study of COVID-19 impact on IT

Avasant

Digital. Frank Scavo, President, Avasant Research, presents an abridged version of the recent benchmark survey of the impact of COVID-19 on IT Organizations. Interview conducted by Vinnie Mirchandani. The post The Analyst Cam: Avasant Research study of COVID-19 impact on IT appeared first on Avasant.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Cash is King: Cost Management Priority For Most CPOs

Sourcing Advisors Group

Cost Management – particularly post-COVID – has risen to a much more prominent focus for most organizations across industry segments. Most recently, Deloitte published survey results indicating that 66% of Chief Procurement Officers (CPOs) have identified cost management as their top priority, a nearly 2x increase compared to pre-COVID survey findings.

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Using OKRs as a Motivational Tool

Automation Anywhere

During this time of considerable stress due to the COVID-19 pandemic, employees are having difficulty staying on track to achieve their goals. To be successful, organizations must find innovative ways of encouraging and empowering their team members across their front-office and back-office organization. And that’s where an Objectives and Key Results (OKR) framework comes in.

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Building Resilience Into Your Critical Applications

3Pillar Global

Resilience is the bedrock of all IT systems. No matter how potentially powerful a technology can perform, if it’s not resilient, it won’t deliver business value. Your customers, partners, and internal end-users won’t consistently receive the performance they expect from the applications they consume. The keys to building resilient applications are the patterns you use to build your service architecture.

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The Role of E-Discovery in the Legal Industry

Magellan Solutions

Can you think of an industry that technology doesn’t affect? It’s hard, isn’t it? . Nowadays, almost every industry and profession benefits from some form of a process improvement. The legal industry isn’t shy of joining this bandwagon — and for all the right reasons. Law and technology often meet in televised court proceedings and electronic court reports.

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Global Hiring Guide for Startups

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

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Webinar: Cross-Border HR M&A Compliance and Trends: A Roundtable Discussion

Velocity Global

The COVID-19 pandemic stalled economies worldwide and caused M&A activity to freeze following a record run. Transactions slowly started to resume in recent months, and finance and HR executives must prepare their companies to navigate unique compliance risks and operational challenges associated with cross-border M&A in unstable markets. Annie Thompson, VP of Strategic Partnerships at Velocity Global, worked with Saul Howerton, VP Advisory at Vistra, and Roman Villard, Moderator, and Dir

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Accelerating To Borderless Workplaces – Kevin S. Parikh Featured in Forbes

Avasant

Digital. Our journey to a boundaryless, borderless global community has been underway for many decades, enabled by globalization and fueled through the information and digital ages. The post Accelerating To Borderless Workplaces – Kevin S. Parikh Featured in Forbes appeared first on Avasant.

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5 Advantages of Overseas Manufacturing

SourcX

More and more companies are realizing the draw of manufacturing overseas, often in low cost countries. Keeping costs down throughout the manufacturing process allows them to increase profit margins, and many low cost countries offer a wide selection of experienced potential suppliers and advanced manufacturing facilities. What are some of the main reasons so many companies are choosing to manufacture overseas?

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What to Know About NLP

Automation Anywhere

If you don’t know what NLP is, the acronym stands for natural language processing (NLP). It’s a discipline within artificial intelligence and machine learning that allows machines to read human languages and unearth insights or meanings out of them and take action. Alexa, the Amazon voice service, is an example of a solution based on NLP. Handling unstructured data Natural language processing has the ability to take unstructured data gathered from conversations , social media, and emails and fin

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.