Business And Traveling

Woman Working Business Woman Laptop Comput

Whether it’s following up on work, assigning tasks, checking in your company mail, or merely replying to clients, it can all be done from your cell phone.

Yes, it is that simple. But don’t go running home or rushing off to another vacation destination just yet! We need to establish how you can get all of this done and much more without being at the office. Keep reading to discover the key factors you will need to think about when managing your business while traveling or being off.

Key Factors to managing your business:

Everyone doesn’t have to be huddled up at the conference room to conduct a good meeting; you can get remote employees, freelancers, and employees at the office all in the same meeting with only an online connection.

Now meeting on a daily or even weekly basis can be difficult while you’re traveling because you’re mostly busy and have other things to tackle. However, meeting with the supervisors weekly or bi-weekly will reassure your presence in the workplace and confirm your oversight on all company matters.

You can even use Google Slides for presentations or Team Viewer to share your monitor with everybody for demonstration.

Be sure to regularly interact with your employees no matter where you are and build close relations with them that can evolve into trust. If this is accomplished, you’ll never need to worry about business when you’re away.

Follow-up on Work Progress & Hours:

You being away from the office should never mean work doesn’t get done or is on pause. Technology produced a solution for slacking or idle employees, time tracking software. This sort of software lets you track employees working hours so you’ll always be updated with who arrived late or who worked overtime.

Employees will be able to monitor their shifts, breaks, and leave notes on their work progress.

There are various kinds of time tracking software, some are essentially focused on tracking working hours like ClockIn Portal that generate timesheets and can be integrated with payroll systems.

Others include a project management attribute like Zoho Projects where you can share projects, assign tasks, and follow-up on tasks.

You may also use essential project management software like Basecamp or Asana that mostly concentrate on getting work done efficiently. Project management software permits you to assign tasks, update them with comments, set deadlines, add attachments, and mark them as complete. With a straightforward tracking method of working hours and work advancement, employees will feel obligated to stay focused and get things done faster.

Manage Business Mail Instantly:

While traveling, your email is something you should not forget about. Neglecting your mail for even a few days can lead to problems. Unattended mail can be significant contracts from clients, documents from investors or partners, or feedback from the customers.

Using a virtual mailbox, you can take your mail with you wherever you go.

A virtual mailbox is a mailbox that you can access online and manage your mail. The choices vary from shredding any file or forwarding packages to opening, archiving, or downloading mail in just a few minutes. Your mail is delivered to secure email facilities where the envelope is scanned and uploaded to your own cloud-based mailbox for you to control.

So not only can it be remote access to your important mail, but it removes the need for a mailroom! This means lesser paper storage, no mail operators, and quicker mail operations, a win-win for you and your pocket.

Now, you’re all set!

With your business essentials all in check, it is easy to travel whenever needed without worrying about work falling behind or inefficiently managing your company. By following these three factors, you can manage your tasks and still have time to enjoy your holiday!

Palm Oil Plantation Business in Indonesia

Fall, Garden, Leaf, Fruit, Food, Palm

Palm Oil Plantations are a really lucrative agricultural business for agriculture entrepreneurs and companies to put money into. The potential in this company makes palm oil one of the most significant revenue streams in Indonesia. Following the President of Indonesia Mr. Joko Widodo (Jokowi) imposed a moratorium on the property available for plantations, the value of palm oil plantations has increased dramatically.

The process of acquisition or take over of plantations, particularly oil palm plantations, isn’t as simple as imagined.

Considering that transactions in the property industry, especially the take-over of oil palm plantations, contain very high capital company and involve many parties as mediators, the authorities in this case the Minister of Trade of the Republic of Indonesia believes the need to make rules to protect the rights and duties of the parties involved through the Minister of Trade Legislation of the Republic of Indonesia no. 33 / M-DAG / PER / 8/2008 regarding Brokerage Company of Property Trade.

However, though there are regulations governing trade transactions, it’s not uncommon for a transaction to be too convoluted and less cooperative between mediators, so the take-over process actually becomes unsuccessful or completely void.

Listed below are steps to acquire a palm oil plantation in Indonesia

First, get in touch with a reliable brokerage firm and ask if they have palm oil plantations to sell. Do not contact individual brokers as they may not have the complete detail on particular plantations, and generally they aren’t clear with the actual relation to the available plantation. Such cases often occur in Indonesia and you need to make certain that the plantations have no legal issues.

Second, ask the brokerage firm to perform the due diligence so you avoid future legal problems in Indonesia. A trusted brokerage firm should have qualified survey tools like drone mapping and a trusted agronomist / business analyst team.

Third, make sure the selling price of this plantation is fair. Almost all individual brokers markup the original price around 30%. You should be careful in doing business with these kinds of individual brokers because of this type of lack of transparency. In this case you want to appoint a trusted agent to represent you at the take-over procedure. A typical commission fee of 1-3percent ought to be anticipated from the farm selling facet.

Business Intelligence Tools in Banking

Money Dollars Success Business Finance Cas

The base of banks, like any other company, is”data”. This data constitutes customer data, operational data, compliance data and more. Then, why is it that even today when the banking sector is growing like never before, there’s still lack of smart and intuitive tools such as Business Analytics and Intelligence to nurture this data.

Business Intelligence is the scope of using the power of analytics and reporting to use the banking data to determine new markets/prospects, manage risks and make decisions based on actionable insights.

According to Forrester, BI is listed as a top technology priority for CIOs for five consecutive years across all the industries.

As a result of the numerous changes happening in the last year in terms of banking regulations, lower rates of interest and NPA levels reaching an all-time high, bank’s profit margins are severely impacted. Banks have to work out new ways of doing business and make profits by strengthening their client relations.

It’s been noted that the banks who have spent in BI technologies are gaining a competitive edge on their competitors. On exploiting the innovative capabilities of analytics and BI banks can:

• Gain opportunity to cross-sell products and services to all customers

• Identify customers and products that are more profitable

Though business Intelligence in banking is relatively a new idea, however, it has been embraced with open hands. And, it’s only increasing in its capacities. With each passing day, steps are being taken to make BI tools more robust, accessible, economical and attainable.

The banking CIOs are looking forward to investing in BI in future. Check out the Indian banks that have already been advocating the benefits of Advanced Analytics and Business Intelligence.

Putting our Banks for Future with BI

The trick to effectively serve banks’ clients is by accurately utilising the information for offering them highest value at all times. Banks must differentiate their products and encourage clients to select them by highlighting how they are better. Plugging-in a Customer Relationship Management (CRM) applications can prove to be a good idea alongside a nicely implemented BI solution.

For this, there must be sufficient coordination between the business and technology deployed. Banks and other financial institutions can certainly unlock new horizons of company growth by efficiently utilising organisational data and thus gain valuable, actionable insights.

Navigation