The most effective finance teams know that managing their operations is a monumental task — one that is made even more so when resources and work environments are strained.
That’s why they always adhere to 5 key habits that help them:
• Focus on what matters
• Avoid costly mistakes
• Shut out fraudsters
… and more
Download this helpful guide so you too can be on your way to creating a highly effective finance function
TurboLab is a revolutionary approach to software development that helps companies reduce costs, increase productivity, and improve response times. How can you reduce the cost of investing in software development and improve response time? The percentage of software that does not belong to the core business of a company can vary significantly depending on the company and the industry in which it operates. However, overall, it is estimated that approximately 80% of the software used in a company is not directly related to its core business; that is, it belongs to peripheral or satellite developments. This secondary software includes enterprise productivity software, such as accounting software, project management software, human resources software, customer service software, marketing and advertising software, and administrative software, among others. In a company, it is essential that software development efforts and resources be focused on the core business. However, frequently businesses need to invest in systems that are not core-business systems and have low return on investments due to high development costs. Additionally, IT departments are often overwhelmed by the requirements and requests of all sides of the company, making it difficult for the departments to address satellite projects. Sometimes, certain areas of the company cannot be automated due to high development costs or lack of trained developers. That’s why at Vates we have created the TurboLab. This innovative approach provides software solutions that quickly adapt to changes in the business and focus on addressing NON-CORE applications. This application allows your company to reserve the best resources for your core applications and reduce development costs to address all secondary applications. For the development of TurboLab, we have based ourselves on the concepts of Software Product Line (SPL), Product Line Architecture (PLA), and Stereotype-based Management of Variability (SMmarty) that have reported reductions in development times of 30% to 50%. In conclusion, TurboLab is a unique and innovative solution that addresses the common challenge of investing in non-core software development and achieving a high return on investment. With TurboLab, you can reduce costs, increase productivity, and focus your best resources on your core business applications. Our team has successfully implemented TurboLab based on our 11 key principles, which have been proven to deliver significant reductions in development time and costs. By focusing on building reusable code, having well-documented libraries of boilerplate code, minimizing waste, designing for simplicity and reusability, thinking like programmers, and utilizing agile methodologies, we have created a culture of productivity and efficiency that benefits our clients. If you have any questions or would like to learn more about how TurboLab can benefit your organization, please don’t hesitate to contact us at sales@vates.com. Thank you for your time and consideration. Download Now
LogicForce was struggling with trying to keep track of the company’s assets through two different systems– both an Excel spreadsheet and internal accounting software. The LogicForce team also had to manually visit their data centers or other locations where its assets were in order to tag them and record them all into the Excel spreadsheet and accounting software. These hassles were causing them to lose physical time and energy, assets (they would go because the company didn’t have any way to track assets in real time), and money. Once Asset Panda was implemented into LogicForce’s internal operations, the company gained these results and benefits: • Up to 3.5 hours saved per week from no longer having to conduct manual asset tracking • Reduced theft and loss of assets • Real-time, up-to-date asset information • A clearer financial picture of assets and overall books Download Now
Before you spend a lot of your valuable time shopping, learn the 37 Essential Tips for Evaluating and Purchasing New Accounting Software… QuickBooks provided the basic bookkeeping capabilities you needed to start your company. But things have changed. You have more customers. More employees. More complexity. In short, your growing business isn’t so small anymore. The decisions you need to make aren’t either. Download this white paper to uncover the 37 essential tips for evaluating and purchasing software to manage your business. Here are just a few of the tips we will share with you: • How to create an accounting system needs analysis • What to consider and whom to consider when setting your objectives • How to uncover the features you can’t live without • And more Download Now
