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The Business Solution Partners Blog

While often overlooked as just small change, remittances to developing countries have significant social and economic impact. Economist Dilip Ratha, a migrant, himself, from India to the United States two decades ago and now a manager at the World Bank, says that these financial inflows are “dollars wrapped with care” because the money is used to pay for health care, housing, food, education, and business investments. But there is a dark side to remittances—namely the high cost of international money transfers. Watch this thought-provoking TED Talk, recorded in October, 2014 at TEDGlobal 2014 in Rio de Janeiro, Brazil, to better understand the importance of remittances and how making them safer and cheaper can further enable the sharing of prosperity between places.
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What will society look like where the methods used to sell, buy and pay for goods and services are fundamentally altered, potentially eliminating the need for banks? Digital currency researcher Neha Narula acknowledges that today's large financial institutions are the gatekeepers of digital transactions. But a new paradigm is emerging, leveraging software to produce programmable cryptocurrencies, such as Bitcoin and Ethereum. Watch this informative TED Talk, recorded May, 2016 at TED/BCG Paris, to learn how digital currencies are transforming money from functioning as a static unit of value controlled by institutions, into a global, secure, programmable means of exchange that will fuel innovation and unleash a new global capital marketplace.
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Successful firms used to be defined by growth that was competitive, consistent from quarter to quarter, and profitable. But today these elements are not enough. Savvy companies in the 21st century need to include growth that is responsible. For Harish Manwani, Chief Operating Officer at Unilever, responsible growth means businesses that create economic value and social value. Companies simply cannot afford the risk of just standing by and watching what is going on in society. They must begin to serve their communities and adopt objectives and practices to make money and do good. View this engaging TED talk, recorded in October 2013 at TED & BCG Singapore, to learn how executive leaders can guide companies to not only make big profits but also help sustain a healthy environment around the globe.
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Why Continuous Improvement is more than a buzzword, and the role that SaaS Business Applications play in Innovation Success: No matter what industry your in, chances are you're seeing many more articles, presentations and speakers discussing the idea of Continuous Improvement. This Business Management and Operations concept is not just the latest buzzword - it a philosophy that dates back to the early 1950s. Defined in Wikipedia as “an ongoing effort to improve products, services, or processes,” Continuous Improvement really gets to the heart of what is required to thrive in today’s competitive business environment.
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on Jul 20, 2017 3:49:00 PM | by Business Solution Partners | Tags: Financial Management Trends, Blog Posts
Growing a successful business requires more than the standard matrix of People, Product and Process. A clean understanding of the business financials, and their implications on operations is key to achieving growth and prosperity. You need the right financial reporting system to help your accountants, controllers and executive decision-makers more effectively and efficiently manage the business.
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Does your finance team dread the budgeting process? Are you still using outdated methods that lead to costly errors? The longer you continue using clunky financial tools that are out of touch with today’s business needs, the more you are putting your company at a data disadvantage.
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Does this sound familiar? Your finance team has endless spreadsheets to update and there are multiple users working on countless versions that are often out-of-date. The end result? Manual, error-prone, time-intensive reporting.
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on Jul 1, 2014 1:00:42 AM | by FullQuota Editor | Tags: Financial Management Trends, Blog Posts
Corporate Performance Management solutions (or CPM) are tools that are used to monitor the performance of an organization. It is an extension of business intelligence that goes beyond reporting. These tools provide mobility, flexibility, and integration with existing enterprise resource planning (ERP) systems and are easy to use.
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