AI impact on business processes

Machine learning, a component of AI, analyzes and identifies patterns within vast amounts of data by iterating through the data to identify relationships between data and the resulting decisions made from the data. With each iteration, the system acquires a deeper understanding of why decisions within an organization are made and applies statistical analysis to develop rules around these decisions. In the case of a complex area of business activity, supply chain management, machine learning can do things like predict when stock will run out or recommend which products are at surplus and automatically reduce their price to clear inventory….

eOps for Facility Management Firms

Capturing & consolidating attendance & leaves of hundreds of employees for a given month who are working with •        different clients, •        different locations and •        in different shifts in the same month is very complex. Generating error free & accurate payroll with so many variable factors is even more complicated. Most importantly security agencies have to realize revenue by invoicing respective clients with accurate attendance & rates for each security role. In a nutshell, these companies have to ensure they : 1. Avoid revenue loss 2. Control fraud during manual…

Purpose of HRMS Software

Human Resource Management combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Its combines a number of necessary HR functions such as Employee Database, managing payrolls, recruitment processes, benefits administration, track performance of employee ,improving process efficiency, managing organizational hierarchy, keeping track of attendance records and simplifying financial transactions.