Why is Business Intelligence Important

Companies are reluctant to adopt business intelligence. Most don’t know what it is and how they will benefit from it. The truth is, business intelligence is very important and should be embraced by all organizations. So what is business intelligence?

According to a well-known Microsoft partner in Singapore , business intelligence is the act of converting a company’s process into data, which is later analyzed and translated into knowledge. This knowledge is then transferred to stakeholders at the right time.

Business intelligence has multiple advantages

Business intelligence has many upsides. Here are five reasons why it is important.

Boosts productivity- In traditional data gathering, users had to compile/analyze data from different sources and write reports. This is a time consuming process, especially for a small business that may not have the workers for this job. If you have a business intelligence program, you can pull this data at the click of a mouse, freeing resources and time and making employees more productive.

Helps in decision making- One of the main reasons why some major projects fail is because decisions were made without analyzing data. With a business intelligence software, you can analyze all your operations, whether past or present and create a solid base for future predictions. Business intelligence converts data into actionable content. The insights you gain from this data can help you in making strategic business plans.

Access to information- For most companies, the problem is not that they have less data but rather how to make optimum use of the data they already have. A large volume of data is produced everyday. Manual tabulation of this data is not feasible, if your goal is to remain ahead of your competitors. Business intelligence software can accumulate this data and monitor it. Business intelligence also boosts your ability to analyze customer buying trends.

Helps you achieve your business goals- How many times have you set goals for your business and ended with outcomes that are drastically different? Business intelligence allows you to track information and give stakeholders access to it, when they need it. In this scenario, your decisions are more likely to be accurate, helping you reach your goals as you envisioned it.

Return on investment- Microsoft business intelligence software can improve your strategic awareness, enable faster reporting, reduce operation costs and overheads and help you access quality information and data. So business intelligence can influence your return on investment, positively.

Rest assured that business intelligence is worth the time, money and effort you invest in it. To reap these benefits, consider partnering with a Microsoft partner in Singapore.

Conducting Due Diligence Prior to a Merger

You should not consider a merger or an acquisition with proper due diligence. When it comes to mergers or acquisitions, don’t take anything at face value. The company may have some skeletons in its closet you don’t know about. Don’t you want to know what obligations you are assuming, what is the extent and nature of the company’s liabilities or what litigation risks, contract issues or intellectual property issues the company is facing?

This is especially true of private companies who have not been baptized through the fire of a public offering. That is why you need due diligence. A typical due diligence will include the following things.

Financial matters- Here you analyze the historical financial statements of the company, related metrics and reasonable future performance projections.

Intellectual property and technology matters- Here you analyze the quality and extent of the target’s intellectual property and technological acumen.

Sales and customers- Here you want to understand the target’s customer base, which will include its largest customers and the sales pipeline.

Strategic fit with the buyer- You are not only concerned with the target’s future performance. You also want to learn whether the target company will be a strategic fit with your organization.

Material commitments and contracts- This is one of the most time consuming aspects of due diligence. Here you review the target’s entire material commitments and contracts. It includes loans, credit agreements, guarantees, supplier and customer contracts, settlement agreements, equipment leases, employment agreements and more.

Management and employee issues- Here you try to review the target company’s management and employee quality. It includes employee biographical information, management organization chart, labor disputes, consulting agreements, government compliance and more.

Litigation- This will include an overview of the target company’s litigation, regulatory proceedings, arbitration. It includes pending and filed litigation, claims threatened, injunctions, judgments, consent decrees and more.

Tax issues- Due diligence on taxation issues may not be critical depending on the target company’s historical operations. But even there are no old tax liabilities, it is better to know if there are tax carry forwards and how your company will benefit from it.

Regulatory and antitrust issues- Regulatory and antitrust scrutiny has risen over the years. Before you enter any agreement, check for any potential regulatory and antitrust issues. Don’t forget to review the target company’s key insurance policies. This will include general insurance, D&O insurance, key man insurance, umbrella policies and more.

All this can be too much to do on your own so it is better to engage get merger and acquisition valuation right who will handle the due diligence into the target company on your behalf.

Five Things that Determine the Value of a Business

There are a lot of details that go into valuing a business. It is a complicated process that looks at various aspects of a business to determine how valuable it is. Valuation may be done to get a clear picture of company assets, for a potential buyout deal, during mergers or for determining individual stakeholder asset value, among other things. What are the factors that affect the value of a business during valuation? Read on to understand more.

What is business valuation for acquisition?

Valuation of a company for acquisition is a process used to determine the present and future value of a business that is up for sale. A business valuation report is one of the most essential documents for making offers during acquisition. It not only tells you what your potential buy is worth right now, but also gives you an idea of what the business will be worth in the future.

5 things that determine the value of a business for acquisition

* Asset type – The type of assets a company owns make a big difference to its value. Each type of asset has a different value in the market, and assets owned will affect the final valuation of the company.

* Cash flow – Contrary to popular belief, cash flow is a more important aspect for valuation than profits. If the company requires high working capital for daily operations, cash flow reduces, and leaves less for debt services. Low reinvestments and working capital means high cash flow and higher valuation.

* Exit strategy – During valuation it has to be taken into account that the current state of the company might undergo a change for better or worse from the planning to the execution phase when the business actually exchanges hands. This depends, to a great extent, on future plans for the company.

* Financial leverage – Various assets of a company can be used as financial leverage to secure loans and other financial aid. Depending on what assets will come along with the company during a buyout, the extent of financial will change.

* Future performance – Based on the history of the company and the current situation of the business, projections are made regarding how the business will perform going ahead. Tangible and intangible assets of the company are considered when making projections, depending on which of the assets will stay with the company after a buyout.

These factors directly affect the business valuation for acquisition, and must be considered in great detail to get a realistic valuation figure for the acquisition deal.

What is Supply Chain Management

Supply chain management is a process to achieve operational efficiency in supply chain. It is active management of the supply chain to achieve maximum customer value and achieve a competitive advantage. It is also a conscious effort on part of the supply chain department (or supply chain company) to develop/run its supply chain in the most efficient and effective way.

Supply chain covers everything from sourcing, logistics, production, to the information systems that coordinate these activities.

Two streams of thought in supply chain management

According to SAP partners in Singapore , supply chain management is based on two ideas. First of all, every product that reaches a consumer is a cumulative effort of many organizations. Together, they are called the supply chain.

The second idea is, even though supply chains have been in existence for a long time, most companies tended to ignore it and they focus on what happens inside their four walls. Only some companies understand and even less companies are managing their supply chain. The result is an ineffective and disjointed supply chain.

On the other hand, supply chain management has many advantages. It can have an exponential and significant effect on your business. Here are three advantages of supply chain management.

Advantages of supply chain management

Provides a boost to customer service- Supply chain management can help you improve your customer service by ensuring that the right product or product assortment in the right quantity reaches the customer in time. It can also ensure that the product is available where the customer expects it. It will also help you provide better after-sale support.

Assists bottom line- Companies who have adopted supply chain management have reported a tremendous improvement in their bottom line. Supply chain managers are a valued lot because they help companies decrease the usage of fixed assets such as warehouses, transportation vehicles and plants. Supply chain management also increases cash flow because by expediting product deliveries, you also receive profits quickly.

Streamlines supply chain- Supply chain management can streamline everything- whether it is day to day product delivery or an unexpected natural disaster. By utilizing SCM tools and techniques, you can gain the ability to diagnose problems, reduce disruptions and even determine how to move products efficiently in crisis situations.

SCM products from SAP can help you optimize and accelerate your end to end supply chain process. It not only enables you to integrate processes but also helps you enforce compliance for supplier-side and supply-side requirements.

Queue Management System

All organizations deal with heavy traffic in their routine service hours; some most useful premises such as banks and hospitals are the most common places where large number of people gather every day to avail services. It becomes really difficult for consumers to stand in queues for long hours and even for staff members it is difficult to manage all details with fast response as desired by consumers. To avoid such troubles it is good to install some advanced mechanisms so that quality services with on time deliveries can be assured to all users. One of the best options for such premises is queue management system that offers competitive benefits to management executives, front office staff, customers as well as back office staff.

Benefits for Customers:

Queue management system makes use of virtual ticketing that acts like first point interaction for customers. Some high quality devices offer multilingual capability so that consumers can feel comfortable with interaction service management. The system prints one ticket at a time and specifies average number of waiting time with queue number for each customer so that one can comfortably sit till the time he receives a service call. In the mean time people can freely spend time with magazines, mobile phone and can do other dedicated tasks without worrying about row hazards. There is no chance of missing turn with this high quality system that keeps people reminding time to time about their queue information.

Benefits for Management:

The highly advanced queue management system provides huge benefits to management also because it can control reporting tools, dashboard in order to create perfect synchronization between back end staff, executives as well as management. Its handy features keep proper information about queue status so that organizers can keep a track of staff performance. It also makes owners able to identify the risk factors and responses so that chances of loss can be reduced on time.

Benefits for the Staff:

The queue management system possess virtual caller that helps staff members to organize their services in much effective manner. This system keeps full record of visitor’s data, entry time and status of queue so that one can be served with on time solutions without any trouble. With this well equipped system staff members are able to deal with all customer issues using quality strategies.

Benefits for Company:

This highly efficient queue management system ensures overall growth of organization because when customers are satisfied with quality services naturally it enhances profits of company. The promotional facilities provided by the multimedia display work for advertisement of services offered by company and consumers can easily get details about all new products and services. It naturally increases sales and leads to revenues; one can create improved business planning opportunities with this queue management system.

For all those who want to control workspace hazards in order to provide satisfactory services to end users it is best option to install queue management system at your premises; it will ensure you long life service with improved business operations.

Tips in Choosing Part Time Degree Courses in Singapore


Part time degree courses in Singapore is the solution for the working students who are working and at the same time studying. This is one of helpful ways for working adults who want to upgrade their skills and knowledge having higher qualifications. Most of the part time courses offer courses that are conducted in a mode of part time for the students to have their degree qualifications that would be recognized globally. This would make them to be in the level of those who graduated from full time degree courses. Different options are there for the students to choose from different educational institutions.

It is important to know that it is a good choice for combining the study and work because it can greatly influence the future. Part time degree courses in Singapore allows the students to seek for jobs due to the fact that part time degree courses are flexible which would not affect their studies. The students are given the chance to choose form the different programmes such as master and bachelor degree courses, diplomas, and certificates. Most of the classes are held during weekends and evenings in order to minimize the disruptions in the job.

Here are some of the tips that can be used in choosing the right part time degree courses in Singapore:

  1. Think first your reason for studying. This is the most important thing to be considered in order to remain motivated and focus on your studies. There are several reasons for studying such as extending the skills that you have, change the career path, or looking for knowledge that is needed in the work.
  2. Know the time frame of the study. Most of the part time courses are short term courses but there are also courses that are longer than the usual. Knowing the time frame for the study would help the student know which type of course is suited in their interest.
  3. Decide on the ways on how the study would be conducted. Part time degree courses in Singapore can either be in a research or taught. You can choose which one is convenient for you and would not affect your personal matters.
  4. Know what the entry requirements are. All of the courses that are offered have entry requirements. After deciding the course you want to enroll in, it is now the time to know the needed requirements to pursue your studies.
  5. Think about your employability. This is needed especially for working students in order for them to be guided on how to balance their time with their work and study to avoid conflicts that may arise.

Part time degree courses in Singapore is considered to be the reason why there are lots of them who are able to become productive in their work because they were given the chance to study to gain the needed skills in their work. Education is the main key for a certain country to become progressive and it is evident in Singapore because of the part time degree courses that are offered for the betterment of the quality education and to produce quality graduates.

Mechatronics Engineering: A New Approach in Engineering


Basically, mechatronics is a systematic degree in engineering where two basic discipline in engineering (mechanical and electronics) are combined in creating a new approach to product design and development. Mechatronics emerged because engineering experts have seen the potential of merging some principles of traditional electrical, mechanical and industrial engineering into one advanced discipline.

Nowadays, several of countries worldwide offer this degree in engineering to universities and colleges. While mechanical and electrical can work effectively on its own, mechatronics heightens the efficiency of solutions to control and programming throughout the whole of design process. In order to successfully master the entire design process, experts in mechatronics should obtain general knowledge and several techniques.

Mechatronics is a common market in technological advances today. We are all familiar with mechatronics because they are everywhere. Smart devices such as robots, anti-lock brakes, photocopiers, computer disk drives and clothes are just a few of its products. Mechatronic devices work mostly in areas like in surgery and medicine, buildings, automobiles, agriculture and many more.

This degree in engineering offers an extensive training in the field of robotics, product design and automation engineering. Student under the program of mechatronics study the fundamental of mechanical design electronics and practical software engineering in order to create real life solutions to any manufacturing-related problems. The curriculum of mechatronics engineering encompasses practices in maintenance, operations, installation, testing, management, research and development and many more. Mechatronics involves a broad field of study that includes basic and essential mathematical and scientific approaches.

Generally, if you are a mechatronic engineering graduate, you are most likely to work with computer control systems and electronic instrumentations, which are the foundation of efficient and reliable machinery operations. Mechatronic engineers play a crucial role in building and designing automatic systems in monitoring processes in almost all mechanical and electronic procedures. They should have the expertise in computing and essential mechanical engineering knowledge in order to bring out the ability of the systems in working together to meet the desired product or effect.

Most people who deal with this degree in engineering are into project engineering and power engineering. Theses field, they work with both mechanical and electrical systems in solving cross-disciplinary problems. They are good at both fields since they have inherent strength in IT, computer hardware and networking. Aside from these jobs, mechatronic engineers also specialize in writing and testing software in making computers work more efficiently.

Just like other engineers, mechatronic engineers also undergo extensive working condition that test their ability and expertise of the job. Their work requires technical coordination, teaching skills, persuasion and negotiation in a technical context and conscientious collaboration with other people even those without the organizational authority.

Today, mechatronics makes a significant part in the development of society, education and modern approaches. The foundation of mechatronics cover many disciplines that powers not only humanization of machines but at the same, changes the approaches to technological issues leading to new and advanced innovations of devices and machines. This degree in engineering will go a long way in improving the lives of humankind.


ERP Singapore

Few years ago, with increase in complexity of business development tools such as computer aided design and computer aided manufacturing that are simply termed as CAD and CAM, business processes were even well managed but management of technical documents remains still difficult. Almost each and every company deal with large information every day and it can be in the form of hard copy as well as soft one. The major requirement of every organisation is to keep proper flow of this information between all departments as well as customers. Because scattered information lead to errors, delays and conflicts that is why SAP document management system was developed so that every part of information can be located at perfect place and can be accessed easily whenever needed.

SAP Document Management systems offer following advantages:

  1. You can link document management to computerised production and development systems so that problem of data redundancy can be easily avoided with improved data consistency and minimized workload over information updates.
  2. Every organisation has large database that is required to be accessed at different times from different locations, sap business objects offers you easy data exchange options with improved security. You are allowed to access information immediately using simple electronic search tools that can find data immediately. Users can also make use of internet to display or search documents from centralised system thus it reduces overall workload that usually affects our routine tasks.
  3. Document Management system can be used to distribute documents automatically as well as manually depending upon need of company processes. This process ensures every minute business update to external partners as well as responsible employees.
  4. It enables check out and checks in for every document as per requirement.
  5. Just for perfect tracking of every document, sap a1 document management consists of multiple versions and parts of every document.
  6. It forms perfect index for all stored documents so that comprehensive search can avail instant results.
  7. DMS organises all business documents in hierarchical and structured method.
  8. You can easily distribute documents among apposite stakeholders either using SAP automatic workflow or by manual processes. Note that DMS also controls complete accessibility of documents for admissible stakeholders only so that information remains secure from unauthorised hands.
  9. ERP software manages complete information in very intelligent and comprehensive manner so that users can take maximum benefits with document management.
  10. It offers high performance management functions for every system document so that information flow can be regulated for entire life cycle.

If you have already installed SAP-ERP software in your organisation, you can implement Document management system in standalone manner without any trouble; but if you are still searching for business management solutions it is time to move towards Enterprise Resource Planning Singapore to implement SAP-DMS for your company at the same time. These modules will improve overall business growth with complete data management. This system is easier to operate and has huge benefits for all medium and small level business organisations.