As
you know, IELTS English language test has been taken over million times by
those who would like to emigrate to an English-speaking country whether on behalf
of pursuing further studies or securing jobs. Since IELTS was founded in the
1980s by Cambridge University Press & Assessment, roughly around 60000
people on a weekly basis choose IELTS to prove their language skills and take a
step closer to their dream life abroad.
Technically
speaking, there are two main types of IELTS tests which namely are IELTS Academic
and IELTS General Training. Depending on your unique situation and personal ambition,
the IELTS test evaluates your skills in four distinguished areas – "listening, reading, writing, and
speaking" for a well-rounded assessment of your English abilities. Thus,
if you wish to take a reputable English language course provider for studying
IELTS, you may consider Chris Directory (https://chrisdirectory.com) as your
top choice.
WHY CHOOSE CHRIS DIRECTORY?
Basically,
their IELTS preparation program is expertly curated to equip you with the
essential skills and guidance to achieve your target score in the IELTS exam. Some
of the key highlights of their bespoke IELTS training include:
1.
Online live sessions every day in the evening via Zoom.
2.
Session Recordings for Missed IELTS Classes.
3.
Personalized Tutor Feedback.
4.Social
Group for Knowledge Testing.
5.
30-Day IELTS Tips to your Email Inbox.
Above
all, the IELTS preparatory classes provided by Chris Directoryoffer
comprehensive training on all key components (writing, reading, listening, and
speaking) which are tailored for both General and Academic categories. As they
put an emphasis on enhancing your writing skills for effective argument
formation, reading strategies for prompt comprehension, listening abilities to
grasp varied accents, and speaking techniques for confident self-expression, their personalized holistic approach readies you for optimal performance whether you are preparing
for IELTS General Training or the Academic variant.
We all know that the phrase "Every
heart has a story to tell" signifies that people possess a unique
and personal narrative filled with their own experiences, joys, and struggles. Not
only that, but the quote also highlights the idea that each individual's life,
emotions, and journey contribute to a distinct and meaningful story. Owing to this, listening to stories on podcasts offers several great benefits, such as firstly;
it provides entertainment which can be a great way to learn and engage with new
topics and secondly; it can be a form of relaxation and stress relief. Whatever
it is, such an audio storytelling can enhance memory retention and create
emotional connections which may last for a lifetime.
DRIVEN MINDS PODCAST
By my recollections, the main reason
and the sole purpose of why this podcast is established is to promote both the
significance as well as the essence of mental health awareness like addressing why
it is imperative to look after the current state or the underlying condition of
a person’s mental health, why people should not be afraid of stigma when it
comes to openly discussing their mental health disorders, why such
psychological issues should not be perceived as something taboo, and so forth.
abc123.
Well, there has been a plenty of exceptional
guests who have by far been invited and featured in this podcast for your
information, including the notable Malaysian-born actor and the world’s female
martial arts icon "Michelle
Yeoh" who successfully took home her Oscar for the Best Actress at the
95th Academy Awards for her outstanding performance in the year of 2022
in her American absurdist comedy-drama film called "Everything Everywhere All
at Once". Thus, allow me to begin introducing you the mastermind and
the lovely woman behind the program so-called Driven Minds Podcast.
If you type her name on the global search engines (be it Google, Bing,
Yandex), you will absolutely discover at least a few details of information
pertaining to her track record of professionalism ranging from her previous written
publications on the US magazines, musical DJ activities, to social media
platforms. Similar to any other social media influencers out there, she has
actively been navigating both her website and other social media networks, such
as LinkedIn, Twitter, and Instagram as a result of her career path in the realm
of entertainment aside from her keen enthusiasm of being a mental health
advocate.
Initially, I was not really into any showbiz vibes (the kind of industry
she had been involving in). Neither was I interested in the luxurious fashion
industry alike nor being fairly knowledgeable about psychological issues and
stuff in the first place. Fast forward, I accidentally discovered her Instagram
account in the midst of Russia’s on-going military invasion of Ukraine in 2022,
precisely the time when she decided to take part in helping thousands of Ukrainian
refugees by joining one of the humanitarian efforts which was organised by the Global
Empowerment Mission somewhere in April 2022.
Anyway, to kick start with a
preliminary introduction, Gillian Sagansky or popularly known by her nickname "Gigi" is a published writer,
DJ, and host of the Driven Minds Podcast. If you come across visiting her
website www.gilliansagansky.com, you will certainly read some pieces of descriptions relating to her
past and current work activities. Inspired by her own "arduous" (extremely tough + incredibly exhausting)
mental health journey which spanned nearly two decades, she ultimately launched
her mental health podcast the so-called Driven
Minds in December 2020 partnering with Porsche Type 7.
Perhaps, you may be wondering what
exactly the particular type of mental health disorder that she had once been
grappling with for almost twenty years. Believe it or not, it was none other
than Obsessive-compulsive disorder (OCD),
which will soon be outlined in the next following paragraphs.
GILLIAN SAGANSKY: 20
YEARS OF STRUGGLE WITH OCD
Basically, it all started when she was diagnosed with ADHD at the age of
10 by a child psychiatrist, and was subsequently recommended to consume several
pills. Unfortunately, the unprecedented side effect of those pills she consumed
led her to suffer not only from insomnia, but also severe OCD. As a consequence,
she was struck with the compulsions to touch objects at a certain amount of
time – counting everything incessantly to the point where she could not deal
with anything related to the number 9 (if she saw a pair of shoes costs $9.49, for
instance, there was no way she would have the courage to purchase it).
Then, following her preliminary diagnosis with OCD, she was later prescribed
to undergo countless medications by a doctor. Sadly, this rendered her being ended
up to be admitted to a hospital when there was a major incident occurred with
the way she consumed her drug prescriptions given by the said doctor. At this
stage, she was dead ashamed to share with anyone around her social circle that
she totally suffered both from ADHD and OCD.
Furthermore, after having graduated from the New York University in
Modern Art and Philosophy course, she managed to secure her very first occupation
as a writer and a DJ at nightclub. One day, when she went to her first ever
therapy sessions in years as she claimed in the episode, her female therapist confessed
that she never had anyone in her office with such a chronic OCD before.
Subsequently, right until she made up her mind to check in to a
psychiatric hospital called McLean, she went straight quickly to the hospital’s
counsellor whom she began to consult with and disclose the fact that she had been
constantly misdiagnosed. Following with her private consultation with the McLean
hospital’s counsellor, she then appealed eventually that she just needed to stay
there only for a week.
Long story short, her decision to turn to her chosen McLean hospital for
immediate request at the time was a plot twist. Within three months
approximately, she ultimately cured herself from OCD and she no longer had to
fear confronting anything associated with the number 9. In other words, she "DID IT HER WAY!" to heal herself from a prolonged struggle with OCD for 20 years (Like Frankie said I DID IT MY WAY!).
Above all, you may go and
check out the whole episode of her OCD story through the given link that I have
attached below.
The
so-called "online therapy services" have become undoubtedly popular
due to the fact that they allow you to be treated by any licensed therapists in
your state, even if they are hundreds of miles away from where you reside. Consequently, this has enormously bridged the mental health care gap in helping those
who have struggled to access care, including disabled folks or people living in
rural areas.
Virtual
therapy, in addition, appears to be highly effective and offers other benefits,
such as connecting non–native English speakers to licensed therapists who speak
their language; making it easier to locate culturally, LGBTQ + affirming care,
specialties, and different therapy types or modalities like somatic therapy. Of course, there are numerous online therapy service providers which you can look upon across the search engines. However, one particular entity that stands
out among its competitors for many years is the "Online-Therapy.com" (I will soon be outlining the brief
details of why you really should consider this platform if you wish to overcome
your mental health struggles).
Historically,
Online-Therapy.com was founded in 2009 with the goal of rendering
cognitive behavioral therapy (CBT) which is a highly effective therapeutic approach that
concentrates on altering negative patterns of thoughts and behaviors in order
to stabilize your mood more virtually accessible, including anyone living with
depression or anxiety. To this present, Online-Therapy.com remains committed to
its mission in providing virtual CBT therapy to both individuals and couples by
offering live therapy sessions on a virtual basis, as well as self-paced CBT
courses with interactive resources, such as worksheets and guided meditation
videos.
Moreover, when it comes to questioning whether the platform is worthy of money or not,
Online-Therapy.com applies a monthly subscription model for both individual and
couples therapy. In this case, the individual therapy subscriptions are tiered
based on how many live sessions you need in your plan, even though all plans
have unlimited asynchronous messaging with guaranteed responses within 24 hours
from Monday to Friday where you can also gain an access to the self-paced CBT
therapy program.
Below
here are the prices of subscription plan which you may consider prior to firmly
deciding which plan will suit you best at the end:
1. The Basic plan costs $200 per
month ($50 per week) and includes no live therapy sessions.
2. The Standard plan costs $320 per
month ($80 per week) and includes one 45-minute live session per week by live
chat, audio, or video call.
3. The Premium plan is $440 per
month ($110 per week) and includes two 45-minute live sessions per week via
live chat, audio, or video call.
Frankly,
many internet users that I notice by far from the queries of my Google Search
Console are searching and wondering at the same time about whether the
so-called Power BI is part of an ERP system. Well, the answer to that I’m afraid
is NO!. However, Power Business Intelligence (BI) can be the ultimate tool for
businesses to make better decisions. From a glimpse of technical perspectives,
Enterprise Resource Planning (ERP)is a system that
manages business processes and data, while Power BI on the other hand is the business
intelligence (BI) tool that "analyzes
and visualizes data".
Obviously,
the ERP system has its own software that integrates various business processes,
such as accounting, manufacturing, inventory, procurement and sales into a single
database. As it collects, stores, manages data related to business activities,
and eliminates data silos – the ERP system also helps companies to manage their
operations more efficiently and reduce costs by streamlining their workflows.
However,
as these companies "grow in size",
so does "the amount of their data"
collected. Because of this, many companies nowadays prefer to invest in Power
Business Intelligence (BI) so that their employees will no longer need to
extract data manually,load it into a spreadsheet and then manipulate
it to create reports or charts where the process is time-consuming, prone to
errors, and may lead to delays in using critical information.
In a nutshell,
the so-called Power Business Intelligence (BI) is technically a collection of
software services, apps, and connectors that work together to turn your massive
amount of data into "coherent,
visually immersive, and interactive insights".
Furthermore,
Enterprise Resource Planning (ERP) and Business Intelligence (BI) are
complementary technologies that work together to enhance the value of business
data. By simultaneously combining ERP and BI systems, businesses can leverage
the benefits of both systems and gain complete visibility of their
organization.
Due to the fact that the major benefit of bringing ERP and BI
together is focusing on the centralization of data, therefore, this in turn
will provide a single version of truth since all the corporate data is aggregated
into a central repository, which in this case it will help those businesses
increase their agility, improve their oversight, and achieve their goals. Bottom
line, when Business Intelligence (BI) is integrated into ERP systems, companies
will have more profound insights into their data, workflow processes, and
operations optimization.
WHAT IS ZEBRA POWER BI? AND WHY YOU
REALLY SHOULD CONSIDER USING THE PLATFORM?
In
the ever-evolving landscape of business technology, having a robust ERP system
as a business focal point is a significant advantage. However, to be able to
truly utilize the power of your ERP system, integrating it with Power BI is essential
since an ERP with Power BI transforms the way you interact with your data,
providing a level of insight and especially, the clarity that standard ERP
reporting often lacks.
As
mentioned at the beginning of this article,ERP with Power BI
integration allows businesses to move beyond traditional data reporting.With
an ERP with Power BI integrated, you can make interactive dashboards that vividly
show your data which makes it easier to see trends, find problems, and make
smart decisions quickly.By using Power BI as a business central
point, your company can watch important metrics as well as performance indicators
as they happen. This, as a consequence, will guarantee you that you always have
the most up-to-date information.
Speaking
of what Zebra Power BI is all about, the software is designed for a data
visualization tool that can help businesses create reports, analyze data, and
present information faster. What’s more, the tool itself is specifically designed
to be easy to use, flexible, and powerful. If you are looking for more advanced
Power BI visualizations, then it is highly recommended to look no further than
Zebra Power BI. Their visuals are officially Microsoft-certified and offer
powerful features that make reports and dashboards understandable and actionable.
Many
giant corporations such as "Disney,
Intel, DHL, and Bayern" have been harnessing Zebra Power BI as their
go-to-solution preference for their ERP system. With an extremely powerful
analytics tool that they have for connecting, accumulating, and modeling data
from endless sources,Zebra Power BI visuals have become the
world's first IBCS-certified visuals which bring standardization and clear communication
to an organization.
Overall, this platform offers numerous advantages over
other data visualization tools, such as it enhances data analysis and
visualization capabilities better by enabling extra features like charts with
more dimensions, segmented tables with customized table segments,column
highlighting in tables and charts, pricing calculations, and so forth.
Data
blending is a process of combining data from multiple data sources into a
single dataset within a report. In the context of marketing field, improving marketing
"Return on Investment" (ROI) requires tracking ad campaigns and
identifying trends.However, to execute it accurately can in
fact be challenging since you need to consolidate the data in one place to get
insights. Fortunately, there is a business marketing analytics that can solve
this issue which appears to be reliable for automating and optimizing ad
marketing campaigns.
To
start off with this article,Windsor AI is an automated
marketing reporting tool that allows marketers and data analysts to integrate
all their analytics, CRM, and marketing data from more than 50 platforms.Founded
in 2017, Windsor AI provides its users an opportunity to make data-driven
decisions which are gathered from the different parts of customer journey.
As
it brings together the offline and online customer journey for users to get an
overview of their marketing investments and determine where they are getting
the best returns,some of the key capabilities of Windsor AI include better keywords research, managing an overall marketing performance, and optimizing Google Ads.
In this case, the users do not just automate the marketing data they are
working with, but they can also connect it with each other as well by looking
at their customer journeys and point out to where they get their most return on
investment (ROI).
Bottom line, Windsor AIallows them to see both
their paid campaigns and organic audience engagement in one central location by
merging or blending their data for more efficient reporting and decision-making
processes.
WHAT ARE THE BEFENITS OF USING
WINDSOR AI?
Optimizing
marketing budgets with data-driven attribution insights is the key feature embedded
in case if you are interested in planning to use this analytics tool. As it
providesorganizations with actionable insights that drive
cost savings and operational efficiency, there are also other benefits of utilizing
the software, such as:
1. Streamline your reporting
process. It can automatically eliminate the need for manual
data transfer – enabling you to set up integrations once and enjoy automatic
dashboard updates at your desired frequency.
2. Marketing Data Optimization.Marketers
and advertisers can take all the marketing data they have on hand and optimize
the resources used in each step of their customer journey. With its marketing attribution
software, Windsor AI can come up with insights on how to better use the
resources the business has in place.
3.Huge
Data Integrations.When talking about any
marketing reporting tool, you are obviously interested in the data integrations
it has. Simply put, the more the tool has, the more convenient for you. In the
case of Windsor AI’s robust features, it has more than 50 data integrations
which should be more thanadequate enough if you are a
digital marketing professional looking for cross-channel marketing reports. Therefore,
some of its integrations are such as "Salesforce., Google Ads, Facebook Ads,
Linkedin Ads, Google Analytics, X Ads (formerly known as Twitter), Tik-Tok Ads,
Snapchat Ads, and other 40+ integrations" which you can employ for
your data reporting.
4.Higher
Return on Investment (ROI).Once a fuller
and more complete picture of the customer journey is achieved, it is much easier
now for the Windsor AI’s users to see the inputs and outputs as well as the
effects of the marketing campaigns they launched. Needless to say, the software
offers a comprehensive overview of their marketing campaigns; allowing them to better
optimize and improve their return on advertising spent with the help of
automated data transfers.
Any
retail investor, financial professional, or investment firm can engage in
trading. And of course, the ultimate goal of any trade occurred is to buy
stocks at a lower price and wait for the right time to sell them at a higher
price.When
you want to trade in the stock market, you may approach a financial advisor or
open a Demat account online to handle it yourself. No matter how you place the
buy or sell order, every trade on the stock exchange is now handled digitally.
Obviously,
there are plenty of online trading tools which you can search on the internet. However,
one particular trading platform that stands unrivalled among its competitors for
many years is none other than TradingView.Launched in 2011 by
visionary trio Stan Bokov, Denis Globa and Constantin Ivanov, TradingView over
the years has garnered an esteemed reputation as a comprehensive charting and
social networking solution for the financial community.
With a myriad of
advanced features and interactive tools, the platform accommodates traders of
all skill levels and its usershave access to a vast range of
technical analysis indicators, drawing tools, and customizable charts. Bottom
line, TradingView facilitates global market data coverage ensuring that traders
have real-time information at their fingertips.
WHAT IS TRADINGVIEW? WHAT MAKES IT
MORE POWERFUL THAN OTHER TRADING PLATFORMS?
Technically,TradingView
is a widely used platform that holds significance for traders, investors, and
financial enthusiasts. Its importance lies in providing a robust set of tools
and resources for analyzing financial markets, sharing insights, and making
informed decisions in the world of trading and investing.
As
a powerful financial platform, it equips traders with an extensive range of
exclusive TradingView tools and features designed to support market analysis
and informed decision-making. What’s more, TradingViewserves
as a comprehensive tool offering real-time charts, technical analysis tools,
and a community-driven environment for sharing trading ideas. In this case, the
platform allows users to visualize market data, conduct in-depth technical
analysis using a wide range of indicators and drawing tools, and create custom watch
lists to monitor multiple financial instruments simultaneously.
Furthermore,one
of the key features of TradingView is the social networking aspect enabling
users to interact, share trading strategies, and collaborate within a vast
community of traders, analysts, and investors. This network in addition facilitates
discussions, idea sharing, and the ability to follow and learn from experienced
traders.
Not only that, however, another significant feature of using the platform is
the so-called "TradingView Live", which supports a vast array of financial instruments ranging from stocks, crypto
currencies, forex, commodities market to indices; offering users the
flexibility to analyze and track multiple markets on a single platform.
Meanwhile, TradingView
has established itself as a comprehensive platform for traders and investors
from all walks of life. With its extensive range of charting TradingView tools,
technical indicators as well as TradingView Live features, the platform's
versatility in offering advanced charts, detailed technical analysis, and
extensive market data coverage makes it a one-stop solution for various types
of traders including those dealing in stocks, commodities, forex, and other
instruments.
Overall, TradingView has by far emerged as a game-changer in the
realm of stock market that provides traders with a collaborative platform for
analysis and direct trading integration with brokerage firms, aside from its robust
tools, social networking and accessibility which empower various market
participants with comprehensive insights for informed decision-making in the
dynamic world of financial markets.
As
the real estate market continues to evolve and become more competitive, it is becoming
increasingly important for agents to leverage technology to stay ahead. One
platform that I notice and is gaining popularity in the real estate industry
until now is none other than DealCheck.
WHAT IS DEALCHECK?
To
start off, DealCheck is an online platform that helps real estate agents,
investors, and stakeholders analyze and evaluate potential real estate
investments. As it provides users with tools to estimate cash flow, calculate
returns, and perform other crucial analysis functions, this real estate
analytics has a vast array of features that make it an invaluable tool for real
estate professionals and anyone who wants to buy or sell homes, such as:
1. Property Analysis:
This feature allows users to quickly and easily analyze any potential real
estate investment. Users can input the property's purchase price, estimated
rehab costs, and other details thus DealCheck will calculate the estimated cash
flow, cap rate, and other important metrics.
2. Financing Analysis:
The financing analysis feature provides users with an overview of financing
options available for a potential investment. Users can input the down payment,
loan amount, and interest rate hence DealCheck will generate an estimate of the
monthly payment and interest rate.
3. Portfolio Management:
The portfolio management feature allows users to keep track of all their real
estate investments in one place. Users can track their properties' performance,
see upcoming lease renewals, and generate reports.
4. Investment Reports:
The investment reports feature allows users to generate professional-grade
reports for potential investors. Users can choose from a range of templates and
customize them with their own branding.
Historically,DealCheck
was founded by Anton Ivanov in 2015 when he noticed that most investors were
using inaccurate or outdated spreadsheets and software to analyze investment
properties.The existing tools in reference to his past observations
were inflexible, difficult to use and often cost hundreds or thousands of
dollars.
What’s more, none of those spreadsheets and software offered a
cloud-based analysis platform that could be used on any device. Since then, the
company has focused on building a property analysis platform that is quick and
easy to use, but offers powerful features at the same time for more experienced
investors.
In short,DealCheck, as of today, is used by over
three hundred fifty thousand real estate investors, agents, brokers and
wholesalers to analyze a wide range of investment properties all around the
world.
WHAT ARE THE BENEFITS OF UTILIZING
DEALCHECK?
Obviously,
there are some benefits of employing this real estate analytics tool for real
estate agents and stakeholders:
1. Save Time:
With DealCheck, real estate agents can quickly and easily analyze potential
investments, saving valuable time that can be used to focus on other aspects of
the business.
2. Accurate Analysis:
DealCheck uses advanced algorithms to generate accurate estimates of cash flow,
cap rate, and other important metrics. This makes it easier for real estate
agents to make informed decisions about potential investments.
3. Professional Reports:
With DealCheck's investment report feature, real estate agents can generate
professional-grade reports that can be shared with potential investors. This
can help agents close deals faster and more efficiently.
4. Portfolio Management:
The DealCheck's portfolio management feature makes it easier for real estate
agents to keep track of all their investments in one place. This can help
agents stay organized and focused on their clients' needs.
In
today’s business landscape, Enterprise Resource Planning (ERP) systems are
crucial for managing operations, resources, and data.On
a day-to-day operation, for example, businesses across various sectors
regardless of their size grapple with a multitude of data points and often are
reaching into hundreds or thousands of reports.
However, questioning whether it
is overwhelming for businesses to struggle with such a massive amount of data
collection on a daily basis is not necessarily the case. This is because the key
lies in utilizing and analyzing a myriad of substantial information
simultaneously can be done by implementing the so-called Power BI as an ERP
solution which offers a strategic approach to effective business operations.
To
kick things off, we need to understand what ERP is all about and how the
so-called Power BI can be a powerful tool to assist business activities on a
daily basis. According to Oracle, Enterprise Resource Planning or popularly known
by its acronym "ERP"
basically refers to a type of software that organizations use to manage
day-to-day business operations such as accounting, procurement, project
management, risk management and compliance, as well as supply chain.
The ERP system,
in its implementation, ties together a multitude of business processes and
enables the flow of data between them. By collecting an organization’s shared
transactional data from multiple sources, the ERP system eliminates data
duplication and provides credibility on the data retrieved with a single source
of truth. In short, such ERP systems are critical for managing thousands of
businesses of all sizes in all industries, and they are regarded as
indispensable as the electricity that keeps the lights on.
Furthermore,
when it comes to discussing what could be the benefits of utilizing such ERP
systems, a good ERP system offers many advantages which can vary and depend on
how the system is deployed. The benefits of Cloud ERP, for instance, are
different than the one on premise type. That being said, several benefits
applied to all modern ERP solutions are as follows:
1.
High Productivity. Streamline and automate your core
business processes to help everyone in your organization to perform more with
fewer resources.
2.
Accelerated Reporting. You can fast-track your business
and financial reporting easily thus this will prompt you to act on insights and
improve your organization’s performances in real time.
3.
Lower Risk. You can maximize your business
visibility and control while ensuring compliance with regulatory requirements
in order to predict or prevent such potential risks.
4.
Simpler IT.By using integrated ERP
applications that share a database will help you simplify your IT procedures
and render everyone an easier way to work.
5.
Improved Agility.With efficient
operations and ready access to real-time data, you can quickly identify and
react to new opportunities that may occur.
On
the other hand, such an ERP system or also called an ERP suite is made up of
integrated modules or business applications that communicate with each other
and share common a database. Besides, each ERP module typically concentrates on
one business area, yet, they work together using the same data to meet the
company’s needs.
As an example, the finance, accounting, human resources,
sales, procurement, logistics, and supply chain are among the popular starting
points where companies can pick the module they want, and they can add on their
scale as needed. After all, the ERP systems also support industry-specific
requirements either as part of the system’s core functionality or through
application extensions that seamlessly integrate with the suite, which can be
purchased via a cloud subscription model (software as a service) or a licensing
model (on premise).
Meanwhile,
integrating Power BI and ERP (Enterprise Resource Planning) opens doors to
data-driven decision-making. This synergy, in fact, transforms data into
actionable insights, streamlining operations, enhancing satisfaction, and
fostering competitiveness. As businesses embrace digital transformation, such integration
between ERP and Power BI (Business Intelligence) becomes pivotal for business success.
Therefore, the so-called Power BI as an ERP solution will enable organizations
to streamlines their data management, consolidation, analysis, and automation
in real-time; catering to diverse data types and capable of handling various
facets of business operations, such as:
1. Customer information.
2. Sales & Marketing data.
3. Transaction records.
4. Insights of customer
interactions.
5. Product details.
6. Employee-related data.
7. Supply chain metrics.
8. Operational processes.
9. And many more.
Above
all,Power
BI’s integration with ERP indeed holds immense potentials which organizations
can benefit from. With dynamic visualization and analytics, the so-called Power
BI (Business Intelligence) empowers foresight, optimization, and innovation in
today’s digital era. As businesses embrace data-driven strategies, the
integration of Power BI with ERP envisions real-time monitoring, predictive
analytics, and AI-driven efficiency.
Note: Below here are two of the most recommended Power BI providers which you can opt to better optimize, automate, and streamline your data management in real-time.
Any
company, be it a small or medium size to the large corporations such as IBM,
Google, Microsoft, Amazon, etc. needs money to operate their business. In order
to generate revenue, they must first spend their capital/equity (money) on inventory
and supplies, equipment and facilities, employee wages and salaries. With that
being said, finance is undoubtedly critical to the success of all companies.
Although it may not be as visible as marketing or production, however, the art of
managing a company’s finances is just as much a key to the firm’s
sustainability.
Basically,
financial activities of a company is one of the most important and complex
activities. And, in order to take care of these activities,a
financial manager is the one who is in charge of performing all the requisite
financing activities.At the heart of every financially
successful organization, for instance, you will surely find a financial manager
– a professional who plays a vital role in steering the financial ship towards organizational
profitability and growth.
Although the role of a financial manager has long
been one of the key positions at any organizations operating with significant
turnover, however, for those who have been working in the financial field or for
those who possess a strong grasp of numbers and good analytical and
communication skills may be the ideal fit for the position.
Furthermore,
the typical financial managers have a complex and challenging job. They analyze
financial data prepared by accountants, monitor their company’s financial
status, and prepare and implement financial plans. One day, they may be
developing a better way to automate cash collections and at other times, they
may be analyzing a proposed acquisition. This is simply one of the main
responsibilities of being a financial manager. Since there are other critical
functions that a financial manager performs, below here are some of the multifaceted
roles that are embedded in the financial manager’s duties or responsibilities.
1. TRANSFORMING A
COMPANY’S REAL ASSETS INTO FINANCIAL ASSETS
One
of the core responsibilities of a financial manager is to ensure that the company
has enough funds to finance its expansion and meet its obligations. In order to
do this, the company issues securities (equity and debt), and the financial manager
sells them to financial investors at the highest possible price. In today’s capital
market economy, for instance, the role of a financial manager is less a buyer
of funds with an objective to minimize cost and more a seller of financial
securities. In other words, a financial manager must have the ability to
maximize the value of these financial assets while selling them to the various
categories of investors.
2. FINANCIAL PLANNING
AND ALLOCATION OF FUNDS
Financial
managers are technically the architects of a company’s financial future. They
work closely with top management to develop long-term financial goals and strategies,
which includes assessing the company’s current financial position, forecasting
future trends, and devising plans to achieve financial objectives. By carefully
analyzing data and economic indicators, financial managers help organizations to
make informed decisions about investments, expansion, and risk management.
Aside
from being a strategic financial planner,one of the primary
duties of a financial manager is to allocate funds. Simply put, they allocate
resources efficiently in order to ensure financial resources are utilized to
the fullest. This involves setting the spending limits for various departments,
monitoring expenses, and adjusting when necessary. Needless to say, the effective
budgeting that a financial manager executes will help companies control costs,
maximize profits, and maintain financial stability.
3. MAXIMIZING A
COMPANY’S VALUE
The
main goal of a financial manager is to maximize the value of the company to its
owners. For a publicly owned corporation, for example, it is measured by the
share price of its stock whereas for a private company, the value is gauged by the
price at which it could be sold.To maximize the
company’s value, a financial manager has to consider both short and long term
consequences of his company’s actions.
Perhaps,
maximizing profitability is one approach; yet, it should not be the only one
determining aspect. This is because in some cases, such an intuitive approach
favors making short term gains over achieving long term goals. As a quick
illustration, questioning what would happen if a company in a highly technical
and competitive industry had done no research and development? In the short
run, profits would be high because research and development is very expensive.
However, if it is in the long run, the company might lose its ability to
compete because of its lack of new creativities and innovations.
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