Perhaps the greatest risk to a lending organization is that presented by loan applicants who are unprepared to fulfill the long-term obligation of paying off a loan. Banks and other lenders spend a lot of time and energy trying to identify the perfect profile for […]
You probably know how much it costs to recruit and hire a team member but, do you know how long that team member is likely to stay in your employ and what factors will cause them to stay with the company or seek greener pastures? […]
Even with an unlimited budget, it would not be a wise decision for a business to target every customer in the market. If an enterprise is to succeed, it must understand its products and services and it must know the profile of the customer it […]
Businesses do not want to be surprised by downtime, equipment failure or the cost of unanticipated equipment replacement. If the enterprise can anticipate the need for equipment maintenance and downtime, it can plan more effectively for product output, resource requirements and expenses. For a business […]
If you want to make the most of your product and service portfolio, you must look for opportunities to cross-sell and upsell your clients and to bundle services to attract new clients. With the right information, business managers can leverage customer satisfaction to cross-sell and […]
If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. In order to predict and forecast and assure product […]
It is easy to understand the importance of producing quality products and services and the impact of poor quality on business reputation. If your business does not have adequate quality controls in place, it will lose market share and may even expose the enterprise and […]
Fraud costs businesses millions of dollars per year, and the resources and effort required to mitigate fraud can take precious focus way from core business initiatives. But enterprises must address this critical issue, if they are to protect their interests and the interests of their […]
Every business understands the importance of acquiring and sustaining its customer base. In a competitive, global economy, even the smaller local businesses can lose customers to competitors on the other side of the world. The cost of acquiring a new customer includes marketing and advertising, […]
Elegant MicroWeb is included in the Gartner Market Guide for Data Preparation Tools, published on April 17, 2019. The Elegant MicroWeb (Smarten SSDP solution) is listed as a Representative Vendor in the Gartner Market Guide for Data Preparation. The CEO of Elegant MicroWeb, Smarten, Kartik […]