Do you receive your status reports on time? Do you have trouble finding the section of a scope document you need? Are your training guides confusing? The importance of consistent and clear documentation cannot be understated. Information you receive should be conveyed in a clear, concise, and consistent way so maximum understanding is attained. Without a clear understanding of project details, statuses, or scopes, it is more likely that the project will be held up, or worse, completed in ways that were not a part of your original intent.
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With every market high comes the inevitable fall, where oil markets see the price per barrel plummet or banks decide they are too big to fail. The economy has been on an upswing throughout the last decade, with some turbulence seen only in the energy industry. With an extended bull market like the one we are experiencing today, it can be easy to forget about the rough days during the financial crisis in 2008. For the oil industry, it has only been a few years since the last downturn. Still, market results have been largely positive. We are excited to celebrate the success of so many clients throughout this incredible bull market. While we hope this run never ends, we are not naïve to the inevitability of the next market fall. Here at Rand Group, we have been hard at work to ensure our clients are equipped to succeed in the face of an extended bear market.
Power Automate, previously known as Microsoft Flow, turns mundane activities into efficient and automated business processes. This powerful tool has many capabilities such as document approval, data entry automation, and lead entry generation. Automating repetitive tasks into multistep flows helps to meet current and future business needs. With more than 220 services and apps available for connection, Power Automate can help businesses manage data in the cloud or on-premises, in sources such as SharePoint and Microsoft SQL Server. Power Automate can be used to automate flows between your favorite applications and services, sync files, receive notifications, collect data, and much more. Below are three examples of how Power Automate can easily add to the value of your company’s software.
Have you wondered whether you are getting the most out of your current financial software?
Have you questioned if you were paying too much?
Have you been concerned your partner chose the right system for your specific business goals?
You are not alone.
Whether you’re searching for a new partner to support your financial software system or confirmation that you are already on the right track, Rand Group has got you covered. Our full-scale assessments of your Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) systems can give you the insight you’re looking for to help you rest assured that your business strategy is intact.
No matter your situation, here are three ways that our assessment package can set you up for success:
A routine health check.
If you are satisfied with your current partner and system but want to make sure that your system is being optimized, then this service is for you. Consider taking advantage of Rand Group as a valuable, third-party resource.
Rand Group can perform a full evaluation of your current system and processes and will provide insight into how you measure up. This consultative service is beneficial when determining if you are getting the most out of your software.
Insight into what’s next.
It is no surprise that it is becoming increasingly harder to keep up with the pace of change in today's competitive environment. A greater move towards digitization is driving disruption across almost all industries. A report released by the Global Center for Digital Business Transformation found that 4 out of today's top 10 business leaders in each industry will be displaced by digital disruption in the next five years. This disruption takes the form of a vortex, where industries are inevitably moving toward a digital center where business models and offerings are digitized to the maximum extent possible.
The growth of internet of things (IoT), which is the transmission of data through multiple, interconnected computing devices that we use every day, has given businesses access to an avalanche of new information. However, many aren’t equipped to manage this onslaught of information, and solutions are often targeted for a specific device. Getting all your devices on the same page to get an all-encompassing picture of your business can be daunting. But what if there was a tool that could sync all of your devices in real-time?