Evaluate business – DC Writers Way http://dcwritersway.org/ Fri, 17 Sep 2021 17:14:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://dcwritersway.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Evaluate business – DC Writers Way http://dcwritersway.org/ 32 32 What Artificial Intelligence Means For Home Buyers, Real Estate Market https://dcwritersway.org/what-artificial-intelligence-means-for-home-buyers-real-estate-market/ https://dcwritersway.org/what-artificial-intelligence-means-for-home-buyers-real-estate-market/#respond Fri, 17 Sep 2021 16:15:42 +0000 https://dcwritersway.org/what-artificial-intelligence-means-for-home-buyers-real-estate-market/

Brick and mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it’s also being supported by artificial intelligence.

Some of the biggest names in the business, such as Compass, Zillow, and LoanSnap, are now using AI to help buyers find the perfect mortgage and home. And for real estate agents, this can already be a game-changer.

Most real estate data is public, from land records to title deeds, purchase price and even mortgage liens. The problem was, it was an expensive process to go to the local offices and get all the information. Not anymore. Computer algorithms can now scan millions of documents in seconds, browsing property values, debt levels, home renovations and even some of a homeowner’s personal information.

At LoanSnap, a San Francisco-based mortgage lender, AI is used at various stages of the mortgage process, from finding the perfect loan type for a borrower to finding the right investor for the loan.

First, the borrower’s financial information is entered. Then the system “takes all that information, predicts it into the future, and examines thousands and thousands and thousands of options,” said Karl Jacob, CEO of LoanSnap. “It’s different ways of paying off debt, different lending options, and it’s one of the first times that AI has been turned into something that helps consumers instead of hurting consumers.”

And for refinances, he said, “We build a financial model for someone, and show them exactly how much money they’re losing on a monthly and yearly basis, and then show them how they could potentially solve that problem. and save money in the future, again in seconds.

Jacob admits that virtually all companies now claim to use AI in some way, but said not all of them are really applying it to its full potential.

“That’s 95% rhetoric, isn’t it? That’s a popular term. People look to things like that and say, ‘Oh yeah, we use AI too.’ AI is actually machines that think and / or study possibilities that would not have been considered before, ”he added.

AI can therefore be useful for borrowers, but it also appears to be the holy grail for real estate agents looking for listings in today’s ultra-competitive housing market. The supply of homes for sale has reached several record highs since the start of the pandemic, when demand from buyers suddenly took off. Agents are desperate for new announcements, and AI offers a new entry.

“The traditional agent would go knocking on the doors of a lot of houses. Now the AI ​​is helping you find the houses most likely to sell in the next 12 months, and it does so by triangulating all the data associated with the house, like when the house was last sold, how long the owner occupied the house, what price is the house selling for in that particular area, ”said Joseph Sirosh, CTO at Compass, a real estate brokerage firm.

The AI ​​”triangulates all of this information to predict which home is likely to be up for sale, so the agent can now approach that owner, offer their services, and have a much higher probability.”

Sirosh said Compass Agents have a 94% chance of winning a potential roster that they target with AI. Agents can supposedly price the house more precisely and target marketing more specifically.

For those looking to buy a home, all the data available can also help them find exactly what they’re looking for, rather than visiting house after house.

Using Compass AI, they can price their property against other properties on the market, search for specific house types in ultra-specific locations, enter the desired square footage of interior spaces, and exteriors, then receive immediate alerts when something hits the market.

Zillow recently improved the price of its popular home Zestimate, “saying it now uses neural networks or machine learning comparable to how the brain works.

“In the case of the Zestimate algorithm, the neural network model correlates facts, location, housing market trends and home values. With this update, Zestimate can now respond more quickly to dynamic market conditions, giving owners a better and accurate estimate [prediction] of a home’s current value, “according to a Zillow statement.

The company is now incorporating this new learning into its direct cash home buying business, Zillow Offers.

So far, Zestimate is an initial cash offering on approximately 900,000 eligible homes in 23 markets.

“With this latest update and the increased accuracy of Zestimate, the number of homes eligible for a cash offer will likely increase by 30%,” the statement said.

AI doesn’t do anything traditional research can’t, but it dramatically speeds up the process, which in a rapidly changing and ultra-competitive marketplace is crucial for these companies.

“The AI ​​makes it possible to move to the dimension of self-driving, that is to say that the AI ​​subcontracts the bulk of the work associated with a real estate transaction: complex data, compliance, paperwork , finding housing, negotiating, offering. I think it really speeds up the transaction. It’s simpler and often less expensive, “said Sirosh.

With this speed, he said, artificial intelligence can overcome the most human component of any real estate transaction: stress.

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Redesign of manufacturing through business applications https://dcwritersway.org/redesign-of-manufacturing-through-business-applications/ https://dcwritersway.org/redesign-of-manufacturing-through-business-applications/#respond Fri, 17 Sep 2021 05:16:31 +0000 https://dcwritersway.org/redesign-of-manufacturing-through-business-applications/

Covid-19 has impacted the entire manufacturing value chain, from raw material sourcing to design, manufacturing and distribution. While a disruption in the supply chain was felt almost immediately, one of the most lasting impacts has been the establishment of a direct line of communication between the consumer and the manufacturer.

Traditionally, with distributors acting as mediators, manufacturers were unlikely to interact directly with customers. As e-commerce and online direct-selling models have gained traction during the pandemic, customers are now able to interact and provide direct feedback to manufacturers.

It has also pushed manufacturers into an era of large-scale personalization where a consumer can potentially personalize the product they want to purchase. For example, if a customer buys a sofa, they can choose the design, color, or style and have it made to their exact specifications, rather than buying something off the shelf. This shift from standard production to mass customization can be used by manufacturers to build brand strength and loyalty. It also results in product differentiation and allows organizations to charge higher prices.

The transition to the “new normal” will force manufacturing companies to rethink their entire process, from design to completion.

The dawn of a new era
Manufacturing 3.0 focused on the globalization of talent, materials and operations. Various aspects of the manufacturing lifecycle, from design, prototyping, engineering, manufacturing, assembly and distribution, have been carried out in geographically diverse contexts.

The global disruption caused by the pandemic has spawned Manufacturing 4.0, where the cloud, IoT, and other new technologies are forcing industry to re-evaluate the manufacturing lifecycle. To avoid relying on a single geography or market, they are now looking for a different approach that emphasizes local alternatives to counter global disruptions.

Technology undoubtedly has an important role to play in facilitating a smart manufacturing approach. Today, robust feedback mechanisms can deliver customer information directly to the manufacturer without any reliance on the distributor.

This transformation requires a digital platform powered by Coud technologies as a backbone. Our own experience shows that manufacturers who had moved mission-critical applications to the cloud were able to withstand the pandemic better as their employees could work productively even in a remote setup. Therefore, manufacturers need to move their systems and data to the cloud as quickly as possible to reap the benefits of better technology scalability, tighter supply and demand agility, and greater flexibility. better financial health.

While businesses can’t predict when a public health crisis or other natural disaster might occur, they can help mitigate the effects of unexpected disruptions by performing risk assessments. They can identify potential operational, financial and internal market risks, determine direct and indirect impacts and generate contingency plans in the event of unexpected disruptions.

Role of business applications
As the changes brought on by the Covid-19 pandemic lead to a transition to manufacturing 4.0, technologies such as automation, IoT, 5G and cyber-physical systems are partnering with the cloud to drive an approach to smart factory. Fueled by a set of business applications, intelligent supply chains open up a multitude of new opportunities to bring greater scalability, exponential growth and more predictability.

For example, machine learning-based business applications can help ensure optimal storage, thereby minimizing waste from overstocking as well as lost revenue from out-of-stock. Likewise, automation and IoT can ensure efficient real-time production planning. Predictive analytics can help optimize planning, sourcing, and logistics to improve supply chain performance, even during disruption. Microsoft has led the way with its offering of platforms, business applications and advanced tools that enable organizations to jump into the new era of manufacturing. Microsoft offers features such as planning optimization that enables organizations to gain planning agility to meet customer demand and sensor data intelligence to create a smarter connected factory and innovate with operations. smart manufacturing.

These applications can also facilitate large-scale mass personalization by providing greater intelligence and visibility. For example, Microsoft’s offerings allow end users to customize various aspects of the product they intend to purchase to suit their needs and choices. For the end customer, this facilitates an engaging overall experience and greater inclusion in the value chain. Finally, AI-powered customer and sales analytics tools help assess demand forecasts and drive product innovation based on intelligent insights into customer behaviors and market trends. .

The pandemic has highlighted the importance of having diverse supply chains, smart manufacturing, an empowered remote workforce, and cloud-based business applications. All of these are driving a noticeable shift in manufacturing business models towards a much more customer-centric approach.

About the Author

Lax Gopisetty is Vice President, Global Practice Head for Microsoft Business Applications & Digital Workplace Services, Infosys. He is a senior business leader driving the growth of digital transformation with the Digital Workplace Services and Microsoft Business Applications practice for Global 2000 clients across industries and regions.

Gopisetty has over 25 years of global management consulting experience with Infosys, Accenture, PWC and IBM, advising global companies in their complex business transformation initiatives based on the latest technological developments. Its aim is to provide innovative solutions, disruptive and relevant approaches, creating new possibilities enabled by technology and the creation of value so that our clients are companies ready for the future and founded on digital capacities.

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How a 25-year-old built a 6-figure stock portfolio with a small salary https://dcwritersway.org/how-a-25-year-old-built-a-6-figure-stock-portfolio-with-a-small-salary/ https://dcwritersway.org/how-a-25-year-old-built-a-6-figure-stock-portfolio-with-a-small-salary/#respond Thu, 16 Sep 2021 14:43:37 +0000 https://dcwritersway.org/how-a-25-year-old-built-a-6-figure-stock-portfolio-with-a-small-salary/
  • By the time Jeremy Lefebvre was 25, he had a portfolio of stocks worth almost $ 200,000.
  • He was making $ 40,000 running a gas station and investing every available dollar.
  • He researched every business he bought and invested more each time his income increased.
  • Read more stories from Personal Finance Insider.

It was a corporate incentive that first led Jeremy Lefebvre to take an interest in stocks. “If you had a certain amount of your salary going towards Walgreens stock, you would get something like a 10% or 15% discount on the Walgreens stock traded,” he told Insider.

Growing up, Lefebvre did not always have a clear path for his future. Her early childhood was marked by poverty, her family relying on food stamps and government assistance. At age 12, his father moved the family to Arizona, where he started a small swimming pool business, propelling them into a more middle-class income. “I thought we were rich back then,” says Lefebvre.

A successful high school career earned him a place on the Glendale Community College team, prompting him to pursue a business education. “My first job was $ 7.50 [an hour] and I felt lucky to have this, ”he says. It was in 2008, during the Great

, and he worked at Einstein Bagels in California.

When he started at Walgreens a little later, now earning $ 8.50 an hour, he was looking for ways to grow his money. “Real estate was completely unrealistic because I had no money or experience in it,” he says, but the stock market was intriguing.

At 25, Lefebvre had built up an impressive portfolio of stocks. By this point, he was out of college and working as a manager at a QuikTrip gas station, spending his evenings and holidays reviewing his portfolio and individually picking stocks. The work paid off, according to documents reviewed by Insider: his account at the time was valued at just under $ 200,000.

He used free and inexpensive resources to expand his knowledge and learn how to evaluate businesses

When Lefebvre first discovered the stock market, he discovered a man named Warren Buffett. “I was watching Warren Buffett’s interviews that people uploaded to YouTube or the presentations he gave for college,” says Lefebvre. He started to learn how Buffett perceives a business and what he looks for in a stock.

He has read books recommended by Buffett, such as “The Intelligent Investor” by Benjamin Graham. He took advantage of all that these free and inexpensive resources could offer. “There are other good ones,” he says of books he’s read, like “The Little Book of Common Sense Investing” by John Bogle.

Now, when he chooses where to invest, he has a fairly standard system. “If you really want to pick stocks, you have to read the annual report or the 10-K report,” he says.

These are long documents, usually 100 pages long, but worth it. “If you read about the business, how they make money, what they actually do… and it doesn’t quite click, it’s probably not the one for you.”

Stocks can go up and down, and if something you’ve invested in goes down in the short term, “If you don’t know what a company is doing at a very high level, you’re going to be scared and you are probably going to panic to sell and suffer a loss. ”

“An important factor is to understand financial statements, to understand how to read an income statement, how to read a balance sheet,” he said, adding: “I took three levels of accounting in college; luckily I had a very good instructor. ”

Whenever his disposable income increased, he invested it in the market

When Lefebvre discovered Warren Buffett, he only had small amounts of money to invest. “But, I did it anyway,” he emphasizes.

He had three jobs, raced on the track, and took a full load of college courses, investing around $ 250 to $ 500 at a time. After graduating from Glendale, he chose to seek a high paying job, unwilling to take out loans for a college.

Walgreens weren’t hiring any managers, but one day, during a random refueling, saw a sign in a QuikTrip window advertising an assistant manager position starting at just under $ 40,000. “It was in November 2010; I had just turned 21 at the time, ”he says.

It was an exciting time for him. After landing the job, he now had a lot more income to invest. “Now I can really get things done,” he recalls thinking at the time. After his expenses, he had about $ 1,000 to $ 2,000 per month of disposable income to invest.

He became a model in the life of Lefebvre. Every time his disposable income increased, so did the amount of money he invested. When he and his girlfriend (now his wife) moved in together, cutting the bills in half added to his investable income. He later got a promotion at QuikTrip and was now earning $ 50,000 a year.

And every time he sold a stock, he would reinvest all the profits back into his portfolio. “Let’s say I made $ 3,000 on one stock, it wasn’t like I took that out and bought something with that money, I would just go back and buy the next stock,” says -he.

He invested in fewer companies to better follow his choices

Some of his big hits at the time included Cabela’s, a subsidiary of Bass Pro Shop; Monster Energy, formerly Hanson’s Natural Beverage; and Trinity Industries, an industrial company.

“Today, I probably own about 20 stocks, but if we go back 10 years, I probably had between three and six stocks at a time,” he says.

The reason was simple: With limited time and a desire to learn from one’s portfolio, fewer stocks were easier to manage. “You are going to be able to follow them better and learn better from them,” he said. “As your wealth increases, you start to become more diverse.”

Choosing successful individual stocks requires a lot of research; when you work full time or have other commitments in life, “you have little time to do that research,” he notes. “So keeping track of 20 stocks is difficult. ”

Options like index funds and exchange-traded funds are great choices for investors who don’t have a lot of time to keep up with the growth of individual companies and want broad market access.

He bought stocks with long-term profits in mind

Lefebvre’s equity thinking process hasn’t changed much since its inception. “I think I own a share for three to five years at a time,” he explains.

That said, sometimes he will sell sooner if he finds a stock that he believes will perform better. “If a better stock comes along, I might end up selling it [initial] stock, and reinvest that money in the next stock. “

But in general, this long-term strategy is extremely important to Lefebvre’s success. Not just because of the perks of owning stocks, but also because of the mindset it gives him. “The stock market is open Monday through Friday and stocks are moving everywhere, people are hanging on to it,” he says. “But you’re investing in a real business, a real underlying business.”

There’s an analogy he likes to think of: let’s say you own a McDonald’s franchise, “You wouldn’t think, ‘How many burgers have we sold in the last hour,’ and judge that alone.”

There is also the tax benefit of long-term investment. “If you sell a stock for long-term gain, you are taxed at the capital gains rate.” For most people, it’s around 15%. Short-term capital gains are taxed as ordinary income. This could go up to 37% depending on your tax bracket.

“The moral of the story,” says Lefebvre, “is to get down to business, to look for companies, to have self-confidence.

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JMEA calls for reassessment of COVID-19 prevention strategy on the eve of lockdown expiration | Business https://dcwritersway.org/jmea-calls-for-reassessment-of-covid-19-prevention-strategy-on-the-eve-of-lockdown-expiration-business/ https://dcwritersway.org/jmea-calls-for-reassessment-of-covid-19-prevention-strategy-on-the-eve-of-lockdown-expiration-business/#respond Tue, 14 Sep 2021 21:35:48 +0000 https://dcwritersway.org/jmea-calls-for-reassessment-of-covid-19-prevention-strategy-on-the-eve-of-lockdown-expiration-business/

Jamaican manufacturers and exporters say they have seen their profits drop at least 20% over the past month, due to “no move” days, according to information released by the Jamaica Manufacturers and Exporters Association, which urges the government to re-evaluate its use of this COVID-19 prevention strategy.

Business owners of varying sizes across the island have individually pleaded with the government to rethink its infection control strategy over the past few days, but this is the first time that JMEA, which has spoken on behalf of the community manufacturer and exporter of Jamaica, expressed her perspective on the impact of the policy of immobility on business.

The periods of stillness spanned three days: Sunday through Tuesday.

JMEA’s request for the government to reassess the lockdown strategy comes on the eve of the expiration of some of the current COVID-19 containment measures and was supported by an investigation the association carried out at the end of the month. of August, which found that 83 percent of members experienced a drop in income for the month, due to the days without movement.

The survey also found that 80 percent of members experienced a decline in productivity and 40 percent saw their supply chain severely hampered during the days of no movement. About 17% do not know how the days of no movement will impact their income.

A sharp rise in coronavirus infections, hospitalizations and deaths in August led the Jamaican government to implement tougher measures that included four consecutive three-day shutdown weekends, longer curfew hours and businesses closing earlier. The measures expire today, September 14, unless there is an extension.

Some of the challenges faced by trade operators across the island range from reduced production, difficulty serving customers on non-movement days, cancellation or rescheduling of orders / commitments to customers.

“We didn’t want to make a specific recommendation on what they should do, because there are so many different ways to approach the problem, but what we want to make them understand is that it can’t continue.” said JMEA President John Mahfood told the Financial Gleaner.

In its press release, JMEA said it was clear from the investigation that the last four weeks of lockdowns are having a negative impact on manufacturers and exporters, especially micro and small businesses. JMEA added that while it understands that the government is in a precarious position as it tries to strike a balance between protecting lives and saving the economy, it is time to reassess the current situation by view to reduce blockages.

“We would like to see a significant change, either that the offices reopen Monday and Tuesday or that the government consider changing the half-day work on Friday, which in our opinion is counterproductive as it causes traffic jams “said Mahfood.

In recent weeks, the business community has also called on banking institutions and Jamaican tax administration offices to open to the public all day Saturday.


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Loan between individuals: everything you need to know before investing https://dcwritersway.org/loan-between-individuals-everything-you-need-to-know-before-investing/ https://dcwritersway.org/loan-between-individuals-everything-you-need-to-know-before-investing/#respond Wed, 08 Sep 2021 00:44:43 +0000 https://dcwritersway.org/loan-between-individuals-everything-you-need-to-know-before-investing/

Personal loans: everything you need to know before investing


  • Peer-to-peer lending is a mechanism by which people in need of loans are put in touch with people willing to lend.
  • P2P platforms function as an intermediary between the lender and the borrowers and facilitate the process to gain a spread.
  • Unlike traditional lenders who primarily rely on credit score to assess a borrower, P2P platforms set their own checks to assess borrowers’ creditworthiness.

New Delhi: Peer-to-peer lending has been very successful in India lately, fintech companies such as Cred and BharatPe have recently entered the field. P2P lending platforms are also offering attractive returns to investors at a time when yields on fixed income products have declined. However, these higher returns are not without risk. You have to know the risks of investing in P2P platforms. Here is everything you need to know about P2P loans.

What is peer-to-peer lending and how P2P platforms work

Peer-to-peer lending is a mechanism by which people in need of loans are put in touch with people willing to lend. P2P platforms work as an intermediary between the lender and the borrowers and facilitate the process to gain a spread. One can register as a borrower or lender on these platforms after going through a verification process by providing the relevant details.

As part of the process, borrowers undergo a risk assessment and in some cases pay a flat registration fee. Once registered, investors can contact listed borrowers and vice versa. But most of the fintech companies that offer P2P lending service automatically offer loan offers to borrowers based on criteria set by the lender.

Here, proposals are accepted on a first come, first served basis. The interest rate usually ranges from 10% to 28% and the loan term can range from 3 months to 36 months. For example, those who invest in Cred’s P2P platform will earn interest of around 9%, while loans will be disbursed at a rate of 12-13%.

Once an agreement is made between the borrower and the lender, a legally binding contract is signed by them digitally. After that, the loan amount is transferred to the borrower’s account and the borrower makes periodic repayments through EMI over the stipulated period. If a borrower does not pay an IME within a stipulated time frame, a penalty is imposed on the borrower and is payable directly to the lender.

Assessment of borrowers

Unlike traditional lenders who primarily rely on credit score to assess a borrower, P2P platforms set their own checks to assess borrowers’ creditworthiness. Details like employment, income, credit history are retrieved and with the help of technology, borrowers’ personal habits are captured by tracking social media activity, app usage, etc.

Based on these details, borrowers are usually assigned different risk categories based on their creditworthiness. This serves as the basis for determining the amount, interest rate and length of loan eligibility. Some platforms offer borrowers the option of either selecting a loan according to the assigned risk category and paying the predetermined interest rate, or asking potential lenders to bid on an appropriate interest rate, the AND Wealth mentioned in a report.

P2P platforms are regulated

These platforms are regulated by the Reserve Bank of India. All P2P players must register to obtain an NBFC-P2P license to provide P2P lending services. The regulations cover the scope of activity of P2P platforms and prescribe certain prudential standards to be followed by them. In accordance with these regulations, no borrower can borrow more than Rs10 lakh at any time, on all P2P platforms.

Likewise, a lender cannot at any time pay more than Rs 50 lakh on all these platforms. In addition, the exposure of a lender to the same borrower, on all P2P, cannot exceed Rs 50,000. No loan can be sanctioned for an occupation period beyond 36 months. In addition, loans can only be disbursed if the individual lender has approved the loan recipients and all relevant participants have signed the loan agreement.

Is it risky to invest in P2P platforms?

Typically, P2P platforms are used by people who cannot avail loans from traditional lenders like banks because they do not meet prescribed criteria. So, lending to these borrowers comes with risks as these loans are unsecured by nature. In the event that the borrower does not repay the loan, these P2P platforms do not ensure the full repayment of the principal or the interest.

However, in the event of a default, the platforms assist with the collection and filing of legal notices, but cannot guarantee a positive outcome. To be safe, the P2P platform is required to disclose all the details about the borrower including personal identity, amount required, interest rate sought and the credit rating assessed by it. At the same time, the personal identity and contact details of the lender remain confidential.

It can be noted that according to the rules prescribed by RBI, the P2P platform cannot hold the funds invested by the lender or reimbursed by the borrower. These funds must be held in an escrow account, so that the platform itself has no access to the money.

What can investors / lenders do to minimize risk?

Investors are advised not to get carried away by the only interest rate offered. Rather, they should properly go through the borrower’s profile before approving any loan. In addition, one should not completely rely on the risk assessment of the P2P platform. So, don’t give high exposure to one particular borrower. Spread your loans over several borrowers to minimize the risk of default. In addition, regularly monitor the borrower’s profile.

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Improve cash management when you change banks https://dcwritersway.org/improve-cash-management-when-you-change-banks/ https://dcwritersway.org/improve-cash-management-when-you-change-banks/#respond Fri, 03 Sep 2021 22:07:12 +0000 https://dcwritersway.org/improve-cash-management-when-you-change-banks/

Most businesses are motivated to seek a new banking relationship only when they need a new or different loan structure to support their changing or growing business. At this point, the company’s treasury and finance officials may be particularly focused on securing financing, but it is also the right time – during interviews and due diligence with potential lenders. – to capitalize on innovative banking technology in order to improve the organization’s cash cycle.

The effort to improve a key loan structure goes well with upgrading cash management capabilities. The treasury team should take advantage of this opportunity to seek not only a strategic lending program from a bank that understands its market and horizons, but also personalized cash management capabilities that can become essential to the progress of the bank as well. the company as a tailor-made tool. measure the loan relationship.

Here are five considerations treasury teams should keep in mind when exploring and evaluating their options for banking partners: Getting both an appropriately sized loan facility and a tailored cash management strategy.

1. Expand the scope of due diligence.

While capital requirements may be the trigger that sets off the lender due diligence process, they are only half of what the organization should consider when choosing a funding resource. Certainly, a favorable loan structure is one of the pillars of the decision. From there, treasury and finance officials should broaden their research to also look for areas of potential improvement within cash management processes, including accounts payable and accounts receivable.

To understand the impact that better cash management could have on the company’s cash flow, consider how optimizing payments and accounts receivable (A / R) could reduce the amount that the business must borrow. Suppose an organization with $ 20 million in annual revenue has $ 55,000 in receivables every day. Reducing past due sales days (DSOs) by 10 days would equate to $ 550,000 in additional cash flow for this business, which means that the improvements to accounts receivable could reduce the organization’s total debt by $ 550,000. At an interest rate of 5%, this would translate into savings of $ 27,500 per year.

Beyond these direct financial benefits, well-designed cash management processes provide day-to-day visibility into cash flows and more responsive controls. It is true that capital is king, but the performance of technological cash management solutions can have major implications for the operational efficiency of treasury. Considering what these systems can do, from automating payment processes and streamlining receivables management to reducing the risk of fraud, cash management capabilities deserve a place at the decision table when ‘an organization chooses a new banking partner.

2. Expect cash flow visibility.

When the points of the loan agreement look good, the treasury team needs to assess what else the bank can provide. They need to think about the types of questions their potential banking partners are asking themselves. Some banks think that the loan agreement is the driving force behind the sale, and it certainly is. However, corporate treasurers who want a more complete relationship should seek a widening of openness.

The bank should undertake a thorough exploration of how the business operates in terms of seasonality, customers, suppliers, opportunities and constraints, and should assess whether internal treasury and financing processes are unnecessarily manual and intensive labor. Expect a cash management professional from the bank to participate in the larger discussions to help the organization improve its overall financial processes, which in turn would help make its capital more efficient.

If a potential banking partner simply tells you, “Alright, we’ll just switch you over to our cash management products,” that could be a red flag. Transferring today’s processes to a new institution precludes the possibility of maximizing efficiency and benefiting from emerging technologies that could better meet the needs of the client company. Instead, the bank should be interested in helping prospects assess whether the processes and technologies they put in place will continue to make sense for the future state of the business. The treasury team can also initiate these conversations, by asking potential banking partners about their cash management capabilities, to determine if they have any new technologies or methods that the organization may wish to consider.

3. Invest time in the initial assessment of potential banking partners.

Changing banks requires significant effort on both sides of the relationship. The company’s treasury group should spend enough time determining whether the potential banking partner would be a good fit and should share details of how their business is operating.

During this time, bankers should be prepared to invest a lot of time in learning about the business of the business and helping to identify weaknesses and opportunities. It is especially useful if the potential banker understands the particular industry or segment of the organization. Banks need a lot of information to provide a holistic set of solutions, so they need to ask a lot of questions, to avoid making assumptions about how the business is run. In fact, they need to have a good understanding of how the business works in order to recommend the appropriate solutions.

For this reason, treasury and finance managers should be prepared to share the operating details of debts and receivables, as well as the specifics of the accounting platform. They should also expect to receive a suitable set of relevant cash management options to consider.

The more time both organizations (customer and bank) spend on upstream reviews, the greater the rewards for everyone downstream.

4. Consider not only the costs, but also the benefits.

Like almost everything, finding the best solution for cash management services involves a cost-benefit analysis. The goal is to determine the right level of services to optimize efficiency and effectiveness by automating processes and potentially freeing up staff. Value-added cash management systems that focus on automating accounts payable (A / P), receivables, and reporting can enable a finance department to maximize cash positions, reduce borrowing requirements, and reduce borrowing requirements. create opportunities to use staff differently.

Banks offer a wide range of these types of solutions, from simple integration of acquisition cards or the automation of supplier payment processes, to post office box services with state-of-the-art imagery and straight-through processing. Sophisticated online banking solutions allow corporate treasury staff to transact from anywhere, including their phones. And businesses that can benefit from broader system integration may be able to connect their in-house Enterprise Resource Planning (ERP) platform to the bank through APIs, to create even more transparent workflows. .

The ultimate goal is to build a set of cash management processes tailored to the specific needs of the banking client company. This requires a significant amount of due diligence up front, but it can pay off a lot: a truly personalized outcome can save time and money, and provide the elasticity to handle future needs.

5. Integrate fraud prevention solutions.

Cash management services are essential in thwarting potential payment fraud attempts. In 2020, 74% of organizations were the targets of payment scams, according to the 2021 AFP Payment Fraud and Control Survey from the Association for Financial Professionals. Businesses that haven’t recently been the target of a scammer are among the lucky few and shouldn’t count on that luck to keep going. Preventing bank fraud is an ongoing effort.

Positive payment services are one of the most effective ways to protect payments by check, wire transfer, and ACH. A series of targeted cash management filters, including segregation of duties, out-of-band authentication, and structured internal entitlements designed to enhance payment security, can further enhance the effectiveness of positive compensation. This is all the more reason to focus on cash management as an essential aspect of any move to a new bank.

It is inevitable that companies that choose a banking relationship will focus on choosing the right loan partner. However, if the due diligence process ends there, the treasury and finance team may miss a golden opportunity to improve the company’s cash management and fraud control capabilities. Choosing the right bank takes time and effort, but working early can ensure that the long-term banking relationship will be much more rewarding.

Head photo: Tim Boothe

Tim booth is the COO of Western Alliance Bank, a national investment bank named the number one and best performing of the 50 largest U.S. public banks for 2019 and 2020, by S&P Global Market Intelligence.

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PR Newswire Launches Cision Social Listening in Asia-Pacific, Business News https://dcwritersway.org/pr-newswire-launches-cision-social-listening-in-asia-pacific-business-news/ https://dcwritersway.org/pr-newswire-launches-cision-social-listening-in-asia-pacific-business-news/#respond Wed, 01 Sep 2021 03:00:00 +0000 https://dcwritersway.org/pr-newswire-launches-cision-social-listening-in-asia-pacific-business-news/

HONG KONG, September 1, 2021 / PRNewswire / – PR Newswire announced the launch of Cision Social Listening in the Asia Pacific region today. Cision Social Listening is integrated with the Cision Communications Cloud media monitoring and analysis platform®, with technical and data support from Brandwatch, a global leader in in-depth listening to social media and digital consumer information. Brandwatch was acquired by PR Newswire’s parent company, Cision, in mid-2021.

The launch gives users access to the world’s largest database of online conversations, providing structured and in-depth analysis using cutting-edge artificial intelligence technology to help companies make brand decisions. smarter.

“Our investments in data science and AI will help marketers, communicators and researchers better understand the conversations taking place on digital channels around the world and apply information to achieve better outcomes for their clients. company ”, said Abel clark, CEO of Cision.

Brands can leverage Cision Social Listening’s in-depth social listening and analysis capabilities to better manage brand reputation, assess brand performance, and identify and manage crises in real time.

1. Brand reputation management

Brands can deepen their understanding by tapping into conversations from Twitter, Facebook, Instagram, YouTube, Reddit, Tumblr, Flickr, and hundreds of online forums and review sites. With defined search strings and AI-enabled automatic topic tag sorting, the results of the analysis are highlighted in the subject wheel. This dramatically reduces the time spent by brands manually sorting, labeling and sorting data and improves the efficiency of data analysis.

Thematic wheel

In addition, Cision Social Listening offers interpretation of emotions based on sentiment classification, which further increases the accuracy of the analysis and identifies the true meaning involved in conversations that traditional methods cannot capture.

Emotion volume
Emotion volume

2. Brand performance assessment

Cision Social Listening offers strong analytical and reporting capabilities, aligning communication strategies with business results through metrics including audience reach, number of mentions on social media, number of brand mentions, official website traffic and conversion rates.

With continuous monitoring and analysis, brands can understand what users and stakeholders are thinking and saying, and assess changes in brands, products and services, competitors and the industry as a whole, helping brands to effectively evaluate their communication campaigns and make smart brand decisions.

Total volume
Total volume

Mention volume over time
Mention volume over time

3. Crisis management

In addition to daily personalized reports, Cision Social Listening can detect surface peaks and trends by automatically populating and processing content in the dashboard. As scan results are updated in real time, a more evidence-based approach can be taken during the current crisis.

Peak detection and alert setting
Peak detection and alert setting

To learn more about how Cision Social Listening can support your communication effort, please visit here.

About Cision

As a global leader in public relations, marketing and social media management technology and intelligence, Cision helps brands and organizations identify, connect and engage with customers and stakeholders to generate business results. PR Newswire, a press release distribution network of 1.1 billion influencers, and Falcon.io, a unique social media management platform, present a suite of best-in-class solutions. Additionally, Cision this year acquired Brandwatch, a social media monitoring platform. Cision has offices in 24 countries across the Americas, EMEA and APAC.

About PR Newswire

PR Newswire, a Cision Ltd. company, is one of the world’s leading providers of acquired media and news distribution software and services. In conjunction with Cision’s cloud-based communications suite of products, PR Newswire’s services enable marketers, corporate communicators and investor relations managers to identify key influencers, engage target audiences, create and distribute strategic content and measure significant impact. Combining the world’s largest multichannel and multicultural content delivery network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices across the Americas, Europe, the Middle East, Africa and Asia Pacific Regions. Visit www.prnasia.com for more information.

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MAHB call for tenders for the replacement of Aerotrains at KLIA: shortlisted candidates identified, evaluation now in the final phase https://dcwritersway.org/mahb-call-for-tenders-for-the-replacement-of-aerotrains-at-klia-shortlisted-candidates-identified-evaluation-now-in-the-final-phase/ https://dcwritersway.org/mahb-call-for-tenders-for-the-replacement-of-aerotrains-at-klia-shortlisted-candidates-identified-evaluation-now-in-the-final-phase/#respond Sat, 28 Aug 2021 03:57:06 +0000 https://dcwritersway.org/mahb-call-for-tenders-for-the-replacement-of-aerotrains-at-klia-shortlisted-candidates-identified-evaluation-now-in-the-final-phase/

KUALA LUMPUR (Aug 28): Malaysia Airports Holdings Bhd (MAHB) said that KL International Airport (KLIA) Automated People Mover (APM) tender to replace its aging skytrains is now at the final stage of the evaluation process.

In a statement, the airport operator said it had identified a final list of candidates after completing the technical evaluation phase, with shortlisted candidates now being evaluated based on the commercial terms of their bids.

“Malaysia Airports’ tendering approach prioritizes the achievement of its business objectives, as well as the technical and performance requirements of the project. All bids are evaluated objectively and fairly against established requirements.

“Bidders who do not meet these requirements will not proceed to the final trade evaluation stage and all unsuccessful bidders to date have been duly informed of their status,” he said in a statement.

The tender is expected to close within the next two months and the group said it will make the appropriate announcement once a formal award is approved by its board of directors.

The three aerotrains currently in service at KLIA must be replaced as the assets approach their end of life phase, the group said, noting that two of the aerotrains had been in service since the airport opened in 1998 with a third train. . added in 2010.

Over the past 20 years, APM technology has evolved significantly, replacing that currently used in KLIA and making the maintenance of an aging asset unsustainable in terms of operational efficiency and cost, he said.

The tender was launched in July 2020, after MAHB completed three feasibility studies to determine the best possible solution to connect passengers between the main terminal and satellite buildings in terms of feasibility of implementation, sustainability in restoring the future extension of the terminal and financial viability.

The airport operator has also conducted a series of stakeholder engagements with the Ministry of Transport (MoT), the Civil Aviation Authority of Malaysia (CAAM), the Malaysian Aviation Commission ( Mavcom) and the Land Public Transport Agency (APAD) for the necessary comments. .

“As a result, it was recommended that the best possible solution for KLIA is to perform an identical replacement of all systems linked to the APM.

“The whole point of an like-for-like replacement is that it has the advantage of being the least disruptive, as well as the most convenient and cost effective. However, it was also determined that the airport should be opened to assess all other APM technologies available on the market, ”he explained today.

The group said that there are generally two main types of APM technology available in the market today involving train and railroad systems, namely self-propelled and cables.

For KLIA, several criteria are essential to its business needs and are therefore further highlighted, one of which is that this new APM system is a brownfield replacement project in a busy airport. The airport currently uses a self-propelled system.

“As such, replacing trains with similar but newer technology is the least disruptive in terms of operational downtime and infrastructure readiness. Other major criteria include reliability, availability, serviceability, security and flexibility of the system to meet future needs, ”he added.

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Arizona Small Businesses Struggle To Find Employees Coronavirus in Arizona https://dcwritersway.org/arizona-small-businesses-struggle-to-find-employees-coronavirus-in-arizona/ https://dcwritersway.org/arizona-small-businesses-struggle-to-find-employees-coronavirus-in-arizona/#respond Tue, 24 Aug 2021 23:53:00 +0000 https://dcwritersway.org/arizona-small-businesses-struggle-to-find-employees-coronavirus-in-arizona/

Many small businesses in Arizona say they have vacancies but no applicants

TEMPE, AZ (3TV / CBS 5) – Dr Dylan Hernandez runs a chiropractic office in Tempe, which has been quite busy lately, so he placed an ad for an assistant. It’s a job he thought he could do right away. He was wrong. “There were just a lot of people who applied for the job, scheduled interviews for the next day or the next day, and then just didn’t show up for the interview,” Hernandez said.

This small business is one of many struggling to hire new employees. Some places do not receive any candidates. Others receive applications, then blow themselves up when it’s time for a follow-up or interview.

Rick Murray of the Arizona Small Business Association believes there are a number of reasons workers are so hard to come by right now.

  • The COVID-19 crisis is causing more people to reassess their priorities, perhaps choosing to spend more time with their families.
  • Some people choose to work from home.
  • Emergency unemployment benefits were offered during the peak of the pandemic to help people get back on their feet.

“I honestly think the amount of money people are making out of work certainly keeps them at home,” Murray said. “I think it certainly forces small businesses to re-evaluate what they’re paying as well.”

Covid relief programs begin to expire for millions of Americans

The pandemic unemployment assistance and emergency unemployment benefit programs are expected to expire in the first week of September, which could encourage more Arizonans to re-enter the workforce.

Hernandez is already considering making future vacancies more attractive. “I really think the salary has something to do with it and it’s something that we are working to improve,” Hernandez said. “As an employer, we have to look at many different factors.”

Copyright 2021 KPHO / KTVK (KPHO Broadcasting Corporation). All rights reserved.

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Could the market be wrong about Tencent Holdings Limited (HKG: 700) given its attractive financial outlook? https://dcwritersway.org/could-the-market-be-wrong-about-tencent-holdings-limited-hkg-700-given-its-attractive-financial-outlook/ https://dcwritersway.org/could-the-market-be-wrong-about-tencent-holdings-limited-hkg-700-given-its-attractive-financial-outlook/#respond Mon, 23 Aug 2021 00:56:38 +0000 https://dcwritersway.org/could-the-market-be-wrong-about-tencent-holdings-limited-hkg-700-given-its-attractive-financial-outlook/

Tencent Holdings (HKG: 700) had a rough three-month period with its share price down 27%. But if you pay close attention to it, you might understand that its strong financial data could mean that the stock could potentially see its value rise in the long run, given how the markets typically reward companies with good health. financial. In particular, we will be paying close attention to Tencent Holdings’ ROE today.

Return on equity or ROE is a test of how effectively a company increases its value and manages investor money. Simply put, it is used to assess a company’s profitability against its equity.

See our latest analysis for Tencent Holdings

How do you calculate return on equity?

The return on equity formula is:

Return on equity = Net income (from continuing operations) ÷ Equity

So, based on the above formula, Tencent Holdings’ ROE is:

21% = CN ¥ 190b ÷ CN ¥ 927b (Based on the last twelve months up to June 2021).

The “return” is the income the business has earned over the past year. This means that for every HK $ 1 worth of equity, the company generated HK $ 0.21 in profit.

What does ROE have to do with profit growth?

So far we’ve learned that ROE is a measure of a company’s profitability. We now need to assess the profits that the company is reinvesting or “withholding” for future growth, which then gives us an idea of ​​the growth potential of the company. Assuming everything else remains the same, the higher the ROE and profit retention, the higher the growth rate of a business compared to businesses that don’t necessarily have these characteristics.

Tencent Holdings profit growth and 21% ROE

At first glance, Tencent Holdings appears to have a decent ROE. Additionally, the company’s ROE compares quite favorably to the industry average of 7.7%. This certainly adds context to Tencent Holdings’ exceptional 28% net profit growth seen over the past five years. We believe that there could also be other aspects that positively influence the company’s profit growth. For example, it is possible that the management of the company has made good strategic decisions or that the company has a low payout ratio.

Then, comparing Tencent Holdings’ net income growth with the industry, we found that the company’s reported growth is similar to the industry average growth rate of 28% over the same period.

SEHK: 700 Past Profit Growth Aug 23, 2021

Profit growth is an important metric to consider when valuing a stock. What investors next need to determine is whether the expected earnings growth, or lack thereof, is already built into the share price. This then helps them determine whether the stock is set for a bright or dark future. Is 700 fair valued? This intrinsic business value infographic has everything you need to know.

Is Tencent Holdings Efficiently Reinvesting Profits?

Tencent Holdings’ three-year median payout ratio is less than 9.5%, implying that it retains a higher percentage (90%) of its earnings. So it appears that Tencent Holdings is massively reinvesting its profits to grow its business, which is reflected in its profit growth.

In addition, Tencent Holdings has been paying dividends for at least ten years or more. This shows that the company is committed to sharing the profits with its shareholders. Based on the latest analyst estimates, we found that the company’s future payout ratio over the next three years is expected to hold steady at 8.3%. Therefore, the company’s future ROE is also unlikely to change much, with analysts predicting an ROE of 16%.


Overall, we are quite happy with the performance of Tencent Holdings. In particular, it is great to see that the company is investing heavily in its business and with a high rate of return, which has resulted in significant growth in its profits. However, a study of the latest analysts’ forecasts shows that the company is likely to experience a slowdown in future earnings growth. Are the expectations of these analysts based on general industry expectations or on company fundamentals? Click here to go to our business analyst forecasts page.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative material. Simply Wall St has no position in the mentioned stocks.
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