Three Tips To Grow A Corporate's Portfolio

The technique of recording and keeping track of your business’s financial transactions is known as bookkeeping. Your bookkeepers are required to compile financial resorts based on your company’s activity on a regular basis. These reports indicate your company’s financial situation as well as its performance.

In addition to managing financial records, bookkeeping services include:

1. Tax return preparation

2. Invoicing

3. Keeping track of performance indicators

4. Tidying up financial records

5. Keeping track of accounts owned and receivable

6. Management reporting

 A bookkeeper’s job is to deliver accurate, up-to-date financial data to accountants so they can compile annual financial reports and tax filings for your company.

 Services that bookkeeper can provide:

1. Data entry

2. Bank reconciliation

3. Accounts receivable, accounts payable and payroll

 Hiring the best bookkeeping services

 You have 3 options: employ a freelancer, hire a bookkeeping firm or adopt a remote bookkeeping solution. Each of them has its own set of advantages and disadvantages which will help you decide which is the best option for you.

 Tips on how to hire the best bookkeeping services:

1. Consider experience

2. Ensuring proper education and training

3. Determine technical abilities

4. Consider paying attention to the details

5. Extensive cash flow and credit management experience

6. Planning and preparation of tax

Internet Of Things IN REAL ESTATE:

Internet of Things (IoT) smart devices can do more than just monitor the physical environment of a building; they can also help monitor activity and protect from unauthorized usage. For example, IoT sensors are used in various systems within buildings to track water pressure and electricity usage. You’ll know if something needs maintenance if any of the indicators are off the charts. In the coming years, IoT devices will also become increasingly intertwined with other aspects of real estate management. For example, this real estate technology can be used to:

1. Help regulate heating and cooling systems to save energy and reduce costs for property owners;

2. Connect with smart locks, so you can control access remotely or based on specific conditions;

3. Enable agents to provide a more personalized and seamless experience;

4. Monitor customer activity on the property so that agents can respond to any inquiries quickly and efficiently;

5. Send automated notifications about maintenance issues or late payments.

All in all, IoT devices are set to revolutionize the real estate market in the coming years. By leveraging this powerful technology, real estate agents can provide a more tailored and efficient service to their clients. This could potentially increase customer satisfaction and loyalty.

Example

CBRE uses IoT sensors—they collect data about building performance, like energy usage—to improve building management and optimize operations. In one case, using such sensors allowed the service to identify HVAC system issues and cut energy costs by 20%. CBRE is also helping Shell reach its goal of reducing 20% greenhouse gas emissions by 2035, thanks to IoT.

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“Solving a problem is hard enough; it gets that much harder if you’ve decided beforehand it can’t be done”

Steven D. Levitt & Stephen J. Dubner

Reimagining Product Innovation with a Smart Asset Finance Software

We are witnessing a paradigm shift in the asset finance industry, a shift from traditional finance and leasing to delivering a more customer-centric holistic digital experience. Customers today want the ease and convenience of doing business on a channel and medium of their choice, and your employees need a platform to collaborate and add value to the business, irrespective of their physical location. 

Lessors today recognize that to survive in this digital age they need to constantly re-invent and become a more agile and smarter version of themselves. Your asset finance business needs to go beyond the restrictions and rigidity of legacy systems that are impacting your business growth. From application development to business operations- speed, efficiency, and scalability have become the cornerstones for success today. But while this leads to the belief that rethinking the technology landscape is an existential imperative, simply upgrading the “as-is” business via a new software suite or product is not enough.

To understand how asset finance leaders envision the future, how they plan to build for it, and what capabilities they need to be able to do so, we brought together a panel of industry experts, leaders and solution providers in a two-part webinar ( To watch webinar click here). As a part of the webinar, we also asked industry leaders strategies on adapting to this digital revolution. Read to find what your peers think are the top capabilities that a smart asset finance software should be able to essentially deliver.

1.     The Shift to Consumption-friendly Pricing

The current shift toward more agile and flexible business models are pushing Lessors to build new products and services. Lessees today want to have the flexibility of paying only for what they consume and avoid getting into significant upfront capital investments. Under-utilized assets may come out cheaper for customers when compared with conventional leasing.

From an economic perspective, it means that lessors now will have to find ways to predict asset usage to set their price accordingly. This is because, with consumption-based leasing, it is difficult to predict what portion of the fixed expenses such as tax, insurance and asset depreciation should get allocated to every customer. 

Needless to say, that this culture of product servitization is difficult to drive with manual or legacy systems. As these consumption models change the form, lessors will be left asking themselves – how

do we build core systems that provide enough flexibility and enables us to make corresponding changes as these newer consumption models develop and mature. 

A smart asset finance software will provide a coherent platform ecosystem that helps you to build stability for your core business operations today while provisioning for iterations and incremental changes in the future without upsetting the entire tech stack. A centralized, platform-based approach will streamline your current operations, provide a granular level view across all stages of a customer’s end-to-end journey so that you can monitor, measure and build transparent pricing models. 

2.       The Rise of the Low-code Platform

 Gartner forecasts low code to increase its share in application development activity to 65%, with three-quarters of large enterprises running on multiple low-code development tools by 2024. Low- code development platforms provide organizations with the much-needed agility and speed that have become the cornerstone of modern-day app development. 

Conventional legacy systems were never built for the kind of changes, speed and flexibility that the market demands today. These monolithic systems are closely interlinked and hence, changes to a single component can impact the functioning of the whole system. This pushes organizations into a vicious cycle of development, tests and fixes, eating into precious time, efforts and resources. 

A framework-based low code environment enables developers to leverage an existing set of codes, behavioural and structural models, and pre-built modules in the development environment. This allows for more automation in the development and testing process, faster development and

delivery, and lesser requirements for resources, skill sets and engineering efforts.  

The right asset finance software is designed as a rich technical ecosystem built on top of the underlying framework so that changes made to functional modules don’t upset the core structure. The pre-built system components and the underlying power of the framework enable lessors to configure and customize application on-demand, extend or build new applications, and make quick changes. 

3.  Adapt, Accelerate, Scale

With more than 60% of the respondents choosing a faster time to market and scalability as some of the biggest business priorities, it is evident that the rigid, obsolete legacy systems are going to be inadequate to meet the demands of the future. An intelligent asset finance software will help transform how you operate, speed up policy implementation and decision making while maintaining strong compliance.

Conventionally, business processes have mostly been built keeping an inward view of a company’s operations- concentrating on optimizing and automating core transactional processes and systems like accounts payable/receivable, order management, procurement etc. However, an architecture that enables companies to perpetually evolve their businesses cannot focus only on the journey that customers use in purchasing their offerings. Many asset finance companies are looking at transforming to an outward view focused on the customer experience online and offline and an IT architecture that reflects a larger journey. 

Technology lies at the heart of this transformation- an agile IT ecosystem that can provide end-to- end asset-based functionalities, data intelligence and extensibility in one seamless platform to bring value across all dimensions of the leasing business. By standardizing and digitizing, companies can remove friction from processes and the time and effort taken in tedious, manual paperwork. By leveraging the power of mobility and APIs and portals, companies can deliver a superlative customer experience- by facilitating transactions from anywhere, at any time. Be a customer who wants to apply for a new lease or a vendor who wants to reduce the time to funding, it’s all down to the ease of the digital experience.

4.    Data is the New Oil

Traditional asset finance organizations are realizing that advanced analytics can enable them to make better decisions quickly and consistently. By embracing data intelligence and analytics at multiple points across the asset-management value chain, asset finance leaders can transform business efficiency, from providing valuable insights to customers and help them make better investment decisions to drive changes in the middle- and back-office productivity internally. 

However, to be able to leverage the power of data, the most critical step in addressing the problems of the source data. Data stored in legacy systems, siloes or spreadsheets are poorly documented and formatted and are difficult to collate and integrate. For any data intelligence strategy to work, it is important that there is a seamless flow of business data generated across all business and third- party applications, with minimal manual intervention, and that the data is centrally located and accessible to all in easy to understand formats.  

Companies can then use this granular data to build pay-per-use models or leverage visualization tools to generate reports for critical business insights. 

 How Odessa’s asset finance software can help you

Over the last two decades, product innovation at every stage has been guided by us asking ourselves the following questions

·       How do we enable our customers to scale their business and operations on demand?

·       How do we help our customers deliver seamless digital experiences to their stakeholders?

·       How do we empower our users with insights through real-time data analysis?

We knew that to counter these challenges, most businesses would conventionally have to opt for multiple product-based solutions, all bolted on top of each other and creating a complex

environment that is rigid and difficult to scale.  

To solve this we extracted the core technology framework and put it down as the foundation layer. The basic technology framework provides a robust functional core build to global standards. On top of this foundation, we build our functional layer which hosts all our products, functionalities, and the business logic and rules. The topmost layer is a highly user-friendly and intuitive UI that allows for

integration and customization unique to your business.  

The Odessa Core platform is an asset-based, cloud native, end to end management platform that can streamline your business operations, build a centralized database and provide the right platform for your teams to collaborate- saving cost, time and resources and making your business more efficient. By choosing to host your infra on the cloud you can leverage the scalability, agility and cost-

effectiveness of the cloud. 

Odessa tightly integrates with a host of complementary surround capabilities for and a comprehensive digital transformation experience. Odessa Build and DevOps enable companies can

integrate their core platform with third-party applications or build, extend apps and workflows easily without any hassle. Various enablement portals make it easy for the customers and partners communities to do business with your organization. A low-code development platform for applications, mobility, data intelligence and analytics services are some features that cater to all dimensions of a leasing enterprise across captives, large customers, mid-size enterprises.

 We are not just another asset finance software. We are a smarter asset finance software. Contact Odessa to learn more.

(via severepeacecolor)

Real Estate Development in Saudi Arabia: A Thriving Sector

Saudi Arabia has been witnessing a remarkable boom in its real estate sector in recent years. The government's efforts to diversify the economy and attract foreign investments have played a significant role in the rapid development of the industry. With a growing population, increasing urbanization, and a strong demand for housing, the real estate market in Saudi Arabia has become one of the most lucrative sectors for investors.

The Kingdom has implemented various initiatives and reforms to stimulate the real estate market. Vision 2030, a comprehensive plan to transform the Saudi economy, has placed a strong emphasis on developing the housing sector to meet the needs of the growing population. The plan aims to increase the rate of homeownership to 70% by 2030, which has led to a surge in construction activities and infrastructure development.

One of the key drivers of the real estate sector in Saudi Arabia is the increasing foreign investment. The government has introduced several policies to attract foreign investors, such as allowing full ownership of real estate properties in certain areas and offering incentives and tax breaks. This has resulted in a significant influx of foreign capital into the market, leading to the development of mega projects and luxurious residential communities.

Furthermore, the government has also focused on developing affordable housing solutions to cater to the needs of low-income individuals and families. Initiatives like the Sakani program have been launched to provide affordable housing units and financial support to eligible citizens. This has not only addressed the housing shortage but has also created employment opportunities and boosted the economy.

The real estate development in Saudi Arabia is not limited to residential properties. The commercial and retail sectors have also witnessed significant growth, with the construction of modern office spaces, shopping malls, and entertainment centers. The Kingdom's ambitious plans to develop tourism and entertainment sectors have further fueled the demand for commercial properties.

In conclusion, the real estate sector in Saudi Arabia is experiencing a period of rapid growth and development. The government's initiatives, foreign investments, and the focus on affordable housing have contributed to the flourishing market. With the continuous efforts to diversify the economy and attract more investments, the real estate sector is poised to play a crucial role in the Kingdom's economic transformation.

#KhalidAlbeshri#pivot#Holdingcompany#CEO#Realestate#realestatedevelopment#middleeast#gulfcountries#groups#businessminded#businessquotes#businesssuccess#businessman#businesstip#businessideas#womeninbusiness#businessmarketing#whatinspiresme#bestadvice#bigdata#travel#gettingthingsdone#contentmarketing#businessmanagement#businessconsultants#businessstartup#marketingtips#خالدالبشري

Cash Flow - Business Finance Glossary

The Biz2Credit business finance glossary has the information of key financial terms used for your small business. This video explains the definition and meaning of the cash flow. Youtube.com…

Small businesses created 1.6 million net new jobs in 2019.

#holdingcompany #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #KhalidAlbeshri #pivot

Archiving and Compressing files with GNU Tar and GNU Zip

Tar Command TAR is a software application that allows you to "archive," or group several files into one. Gzip, on the other hand, is a programme for compression and decompression. To conserve disc space, we employ file compression techniques. This report provides a summary of how tar and gzip are used:

The complexity of TAR comes from a variety of settings and options that can be used to build and work with archives, not from its basic structure.

We have a tar file called latest-archive.tar, for instance. To extract the contents of the tar file into the currently active working directory, use the command provided below.

[root@Microhost ~]# tar -xf latest.tar

To produce an archive (wordpress.tar.gz) file containing every file in the WordPress directory, run the command below:

[root@Microhost ~]# tar -c wordpress > wordpress.tar.gz

By default, tar sends the contents of archive files to the standard output, where you can utilise them to go on processing the archive you just produced. To avoid default output, choose the -f option. The command that comes after the preceding command is identical:

Read The Full article: Archiving and Compressing files with GNU Tar and GNU Zip

Remind yourself never to forget to grow your business online.

#holdingcompany #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #KhalidAlbeshri #pivot

Derek McGrath

What Professional Development Assistance Do You Wish You Had?

This is a loaded question, and I’m interested in what answers it garners.

This is a loaded question, and I’m interested in what answers it garners.

I have 14 years of experience in both teaching in and administrative support in departments and programs in languages, literature, and the humanities. Since beginning my PhD, and even going back further to beginning my honors college education, I have tried to take up any opportunity I could to learn more about developing my skills in teaching, research, and publishing.

I’ve been fortunate to learn from presenting at and organizing conferences. (And I’ve enjoyed getting to share some of that advice here, such as on how to find conventions, how to submit to the call for papers, how to give the presentation, even how to pack and travel for the conference.)

And I’m continuing to improve upon syllabi for past and upcoming courses.

I also have valued the experiences I have had to foster more inclusive learning and working environments, including volunteering as a test proxy and notetaker for my university’s office for students with disabilities and completing a safe spaces program to support LGBTQ+ students and coworkers.

But part of that professional development in languages, literature, and the humanities depends on being aware of gaps in my expertise.

It is impossible for me to list every last bit of professional development that is necessary, especially as what is necessary varies: what skills and experiences you already bring to your scholarship, what your personal and professional goals are, what responsibilities are included in your job (and how that varies by discipline, location, and employer expectations), and what we continue to learn that alters how we prioritize the numerous skill-building endeavors we can take on.

Listing everything is impossible. We are fortunate there are so many other people out there who are willing to share how they improve at what needs to be done as a scholar. (This recently shared post on how to organize a literary review is very helpful.) And as I just said, what I prioritized in the past for my professional development is not the same as what I prioritize now, not only because, I hope, I have gotten enough of a handle on some of those skills to put them on the back-burner as I focus on other priorities, but also because, as time goes on, we recognize priorities we should have re-organized to better confront systematic barriers in education and society at large, many I overlooked until confronted by realities I was ignoring.

Therefore, I have two goals for this post.

First, I want to list three areas of professional development that I wish I had pursued earlier.

And second, I want to open this post to any feedback about what professional development you wish you had.

If you are advanced in your career, maybe it’s something you wish you had had in your undergraduate or graduate studies. If you are continuing your education, maybe it’s something you wish was offered right now. Or it could be something offered right now (by your department or program, or through HR at your institution, or available through an academic organization) that you have yet to pursue, or something flat-out missing at your institution.

I’m interested in any feedback received to get a sense of what people teaching, researching, and learning in languages, literature, and the humanities are seeking for their ongoing development in this profession.

Accessibility in Research, Learning, and Teaching

I have worked with colleagues with disabilities, and I have taught students with disabilities. But much of what I have learned as best practices to continue to improve accessibility in my classes has been by taking my own initiative. I cannot remember ever receiving outreach by a department or supervisor about improving upon accessibility in course content or workplace items, such as making texts OCR, adding subtitles to videos, adding alt-text to images, or making sure to describe aloud what appears in any slides I include in a PowerPoint presentation. Outside of my undergraduate experience, where I volunteer for my university’s office for students with disabilities, I cannot remember significant outreach or coordination by the colleges where I have learned, taught, and worked at and their own offices for accessibility and students with disabilities.

Navigating Regional Differences between Institutions

What goes into teaching in one part of the United States differs from another part of the United States, or elsewhere in the world. I know that sounds obvious, but it’s a point I haven’t appreciated enough when navigating differences between teaching in the South Florida, Long Island, New York City, and Western New York communities. Laws protecting union organizing and labor rights vary considerably.

Regions also have different rules regarding minimum requirements for teaching, not just at the college level but should graduate students want to teach K-12 classes while completing their degrees.

(Speaking of which, preparing graduate students for potential adjunct instruction while they are completing their PhDs would also be super: I had to learn the hard way that, upon entering my PhD program without a master’s degree, I had compromised my ability to seek additional teaching opportunities. As I did not have a master’s, I could not be hired for some teaching positions in writing and literature, and unlike other graduate departments, mine did not reward a master’s degree upon completion of the pre-dissertation qualifying exams.)

Furthermore, each region has its own expectations for its teachers, especially when addressing the demographics of its students in terms of their backgrounds, experiences, and post-course goals, such as finishing their degree, transitioning from an associate’s to a bachelor’s degree, and pursuing their personal and professional goals in further education and the workforce.

Teaching as Adjunct and Contingent Faculty

And to wrap this up by circling back to adjunct instruction, I wish during my grad student years that I had pursued more opportunities to attend university legislative meetings and adjunct/contingent faculty support group meetings, as well as engage more with adjunct and contingent faculty, to better understand the substantial changes when leaving graduate student teaching, graduating, and working in adjunct teaching. I think that earlier engagement would have lessened the shock of transitioning into adjunct teaching, including how best to protect time for myself, my office hours, my grading, my research, and my students and my service commitments. All of that also would benefit how much I think I can tackle in a class, in terms of the assignments offered, the time students need to commit to the assignments in class and for homework and that I need to commit to grading and follow-up with students, and designing a class that focuses on a core set of skills without making the course bloated with too much content and too many goals to address.