Tag Archives: Solutions

Banking

Solutions for Smooth Bank Operations

There has been a spate of changes undergoing in the banking sector. The current economic crisis and intense competition has made many banks turn towards innovative strategies to offer exclusive and fast services without causing any major turbulences either in the financial or administrative departments. The increasing number of regulatory standards that the banks have to adhere to is also a cause of concern as none of the establishments want to be trapped in any violating situation.

In such a stringent environment banks need to employ reliable and secure software solutions that can help them continue provide uninterrupted services to their customers. The banking software solutions are specialists in fraud detection and prevention, regulatory compliance, lending and leasing and financial reporting. The solutions deploy the SaaS model that ensures the enforcement of best practices and reporting of current requirements in the market as well as compliance regulations.

The banking software solutions ensure that the lending applications integrate without any fuss with credit bureaus and credit reports. These solutions are business intelligence tools that help in financial analysis. It also helps in the migration of the legacy software to the cloud model. It enforces strict security measures to check any fraud and helps in developing mobile banking applications.

Furnishing customers’ demands are top priority for banks. For this they need to be aware of their customers’ needs and deliver the desired services and products. If banks employ a customer research service they can accurately assess the requirements of the customers and develop products with the appropriate features and price in future and gain advantageously.

Most of the businesses do not make an effort to keep a track of the customers’ purchasing patterns and ignore interactions with customers that could reveal what they are searching for. To move ahead progressively banks need to employ innovative customer research techniques that can provide consistent information and help in planning of the launch of future products with cutting edge facilities and explosive results.

There has been a spate of changes undergoing in the banking sector. The current economic crisis and intense competition has made many banks turn towards innovative strategies to offer exclusive and fast services without causing any major turbulences either in the financial or administrative departments. The increasing number of regulatory standards that the banks have to adhere to is also a cause of concern as none of the establishments want to be trapped in any violating situation. 

Also read on: distributed software development, independent verification

Finance

Providing Leading Class Solutions To Fill Accounting And Finance Jobs

The recruiting process can often be time-consuming and expensive. Taking the time to search databases and analyze resumes detracts from the important duties of managerial level employees. That’s why Plan Finance is here to help your company hire the most qualified individuals for the position.

As an expert recruiter for companies looking to fill accounting and finance jobs, Plan Finance leads the way for their innovative recruitment strategies. They’ve been in the business for 15 years and as such, they know what it takes to find the right fit for your company.

Plan Finance provides the expertise to help augment your in-house processes. Whether you’re hiring a new employee to take over an ad-hoc leadership role in your accounting team or attempting to locate talent to take on financial reporting duties, the performance of this new team member can often make the difference between success and failure in business. Plan Finance will supply your company with a qualified individual in an efficient three-day process, which begins the moment you contact one of their recruitment specialists.

As a privately owned Canadian executive search and consulting firm, they offer temporary, permanent and contract recruitment for accounting positions, as well as retained services for today’s top nationwide firms. They offer a wide-breadth of industry experience, which they utilize to help locate the most qualified and informed employees for direct placement into your company.

Choosing Plan Finance to fill accounting and finance jobs within your organization means having the full weight of their recruitment network behind in your search.

They don’t just provide the right candidate, they provide a group of highly qualified candidates from which the company may select. After that first point of contact, Plan Finance’s recruitment specialists conduct local and national talent searches on your behalf, to ensure that they locate the best expertise for the position.

The right hire has to be someone who meets your company’s requirements in all areas of high performance standards, including working priorities, management style, initiatives and values. At Plan Finance, they ensure that the client they select directly meets those requirements for the most streamlined and targeted hiring process available.

Plan Finance’s powerful candidate screening solutions take the guess work out of selecting the right person for the position. These solutions are systematically designed to exceed your performance expectations and increase your company’s time and investment efficiency. Drawing from Plan Finance’s plethora of contacts within the industry, they will find the ideal candidate for the accounting and finance jobs within your organization.

The company’s high volume of repeat business speaks for itself. They are tried, trusted and effective in all area of recruitment for accounting and finance jobs, and offer the leading-class services to help both clients and candidates to deliver on their potential. Contact the experts at Plan Finance today and take the next step towards a more prosperous future.

About Plan Finance:

As a privately owned Canadian executive search and consulting firm, Plan Finance has a 15-year history in placing recognized talent in progressive positions in Canada’s top companies. They offer a full range of services designed to help qualified candidates meet specialised needs within companies across a plethora of industries. For more information, please go to Planfinance.

Plan Finance is an accounting recruitment & staffing agency. We provide accounting and finance jobs in Toronto, Ontario. Our Staffing Solutions help you jumpstart your Finance Career. Plan Finance consists of accounting & finance recruiters who provide both Senior Financial Accountant Jobs & Financial accounting positions in Ontario, Canada. For more information, please visit www.planfinance.ca.

Finance

Business Finance Training And Effective Business Solutions

Business finance training refers to programs that teach individuals how to handle various financial duties. Finance training is similar to finance tips in that both help business owners make better monetary decisions, but training programs offer a more detailed explanation of finance strategies. Training programs vary in price and can be used by the owners and employees of a business.

The most basic business finance training provide information on budgeting, preparing financial statements, managing cash flow, strategizing, forecasting, improving performance, and applying basic procedures and concepts to more effectively manage a business. These programs are recommended for new business owners to help them understand standard business practices. Once these basic methods are mastered, more specific financial training may be looked into.

Advanced business finance training delves more deeply into a certain financial procedure or concept, usually at a higher cost than basic programs. Advanced programs may teach business owners how to set up effective business models, make decisions based on quantitative analysis, manage and control accounts, practice due diligence, measure productivity, and strategize concerning mergers and acquisitions.

Taking part in any kind of business finance training gives a business owner the resources to make more intelligent business decisions that result in increased productivity and profits. Many different types of courses are available either online or at a specified location. Some programs may even offer the option to train at the business. Taking into consideration the needs and abilities of a business is the key to finding the best business finance training.

A business finance solution generally refers to methods of funding and maintaining the finances of a business. Most solutions involve ways of obtaining working capital, but others also offer ways of protecting and increasing that capital.

To obtain working capital, business owners look to finance solutions that offer funding by several different means. The most common means are loans and financing. Asset-based loans use a business’s assets, such as inventory and equipment, as collateral. A business may also opt for a property loan in order to acquire commercial space. Invoice financing, such as factoring, involves liquidating or selling a business’s accounts receivables in exchange for quick funding. Some businesses look to trade financing to supply their inventory. The business will tell its financer the amount and cost of goods needed, and the financer will pay for the goods. The business then repays the amount financed over a specified period of time.

Most companies that provide business finance solutions also offer ways to protect and increase a business’s capital. Credit protection safeguards a business from daily risks, such as customers not paying on time, so that the business does not suffer incredible losses. This makes it much easier for the business to borrow money in the future, and it protects the balance sheet. A finance solution may also offer business insurance plans that increase the stability of a business. The most common types of business insurance are employee and public liability, car, property, and health insurance. These business finance solutions are designed to protect businesses against potential losses.

Please visit these links for more information on Motivating Employees and Embracing Chaos In The Improvisational Business

Banking

Banking and Financial Solutions for Business Revolution

The lack of effective fiscal execution and fund flow capabilities tend to hamper the growth of global enterprises. It also engenders various loopholes in the strategic management of the company. This is the reason global entrepreneurs seek financial help and proper banking approaches that significantly help them to unfold their wings. Help from the financial institutions and banking sector directly affects the strategic growth of the company. They impeccably provide fiscal support that help in smooth transition. Measures taken by financial institutions help businesses to translate conceptual business plans into a practical mission-oriented model and delivery roadmap.

These financial bodies supply organizations with the calibrated fiscal approach and global practices that effectively focus on corporate governance and emphasize on its frameworks. As a matter of fact, it provides the intellectual bandwidth and immense flourishing capabilities. Regardless of the size, geography and complexity of a business, banks and institutions provide seamless approach to meet their evolving needs and get the right solution.

Banking experts provide exact solution as well as execution capability across trade finance in order to extend helps to their clients. It certainly helps business strategies and meets the ever growing demand for regulatory, commercial and market change. It also helps in aligning, motivating and enabling businesses for rapid action change.

In pragmatic terms, banks are offering a wide variety of resources and execution plans like ATM management, payment processing, etc. that can help organizations to work in a streamlined manner, resolving all the transaction related issues. Such services instigates for faster, simpler and reliable execution of the trade practices and business activities. Such high-end technologies are highly helpful in fiscal exchange and execution. It keeps the financial information safe and ease to access.  

Over the past few years banking technology has transformed exponentially and continues to grow consistently. It is good for business’ infrastructure, trade partners, investors, employees and consumers. In fact, institutions are empowering business infrastructures and allowing them to change as per the growing economic conditions. Through the responsible and sensible instruments and financial services technologies, businesses can pave the way to success. In fact, these are helpful in flourishing and advancing companies to direct them towards growing trends through the offered set of services.

So, if you want to indulge your organization in the growing trend of advancement and corporate regulatory framework, then it’s better to leverage on the banking services. Unquestionably, it is helpful in keeping pace with the growing demands of the market and also help in achieving good reputation.

FST Media produces the most successful Banking technology conferences, financial & insurance services conferences, roundtables and publications for the banking, insurance and wealth management sectors across the Asia Pacific region. With management experience in conference production, journalism and business development, FST Media prides its reputation on unparalleled access to senior financial services executives.

 

For more details please visit: http://www.fst.net.au/

Banking

Banking software companies and the effect of their solutions

In an effort to streamline their operations, banking institutions explore avenues to introduce novel strategies that help institutions provide good services in the bargain. In this competitive world, banks are forced to strengthen their operations to gain customer confidence in the process. In their quest to introduce novel measures, banks utilize robust software built by leading banking software companies to streamline their operations.

By unveiling novel mobile banking services, built by reputed banking software companies, banks are able to lure the attention of customers, and are able to cater to the demands of the customer in the best possible way. The productive solutions offered by software companies seem to work in favor of the financial institutions that aspire to serve customers in an effective way.

Enhance reputation

A financial institution that wants to create ripples in the market has to gain good reputation in the first place. To earn good reputation, a bank has to introduce novel ways that can make banking easy for customers. By making use of mobile banking services, built with the aid of reputed companies, a bank is well placed to provide good services, and earn good reputation in the process.

Systemize operations

Financial institutions ought to take control of operations to serve customers in the best possible way. Moreover, a bank unveils several operations that are carried out to provide various banking services to clients. In essence, a bank has to systemize operations, and take good control over operations to register good growth in the process. With the tool designed by reputed software companies, a financial institution is well placed to systemize operations and take complete control of its operations.

Win new customers

Apart from providing good services to existing customers, financial institutions will be on the lookout for new customer at all times. By implementing banking solutions that attract the attention of end users, banks are well placed to bring in new customers. With enviable reputation and good services, made possible by the banking solutions offered by reputed software companies, a financial institution is well placed to enhance its customer base.

Gain competitive edge

To gain good reputation, and to attract new customers, a financial institution has to gain the much needed edge over competition. This can be achieved only when a bank introduces novel measures that lure the attention of the target audience, and that guide banks to offer unparalleled services to customers. With the software built by reputed companies, a bank is at an advantage to get the edge over competition.

The banking software built by banking software companies works in favor of financial institutions and the solutions guide institutions to perform important functions that are essential to register good growth in the process.

Bank-companion.com provides mobile banking services which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Banking

Banking Solutions ? How to Compare the Various Options

In the present date whenever one plans to start a fresh savings account or a checking account one needs to be careful enough to choose out of various banking solutions. He should choose something best suited for him. There are a lot of factors involved which together determine which factor is the best for you. One needs to be quite systematic and planned in his approach to make out the best. This article briefly discusses some important guidelines that you need to keep in mind while choosing banking solutions for yourself. If you make sure about the below mentioned points you may be able to decide what is the best out of various banking solutions.

 

The first and foremost factor that you need to be sure about is what exactly are you looking for? If you are willing for some short term benefits then stop viewing any long term CD. There are some kinds of accounts that insist that your money should stay for at least a time frame before you can access it. Try to find out whether you would have proper access to your money or not. Find out whether there would be some deductions if you opt for early withdrawal.

 

Also try to find out the kind of collateral management that your bank deals in. Collateral management is a legal agreement in which the borrower agrees to transfer some of his goods to the custodian in the form of a financial guarantee before the bank actually provides him the loan. Make sure about all the underlying facilities and guidelines when you opt for collateral management. It is always advisable to consult a financial advisor before opting for any such agreement. Another important point that you need to keep in mind when comparing different services is the level of minimum offered. If the bank charges a lot to you in case your account goes below a minimum level then it is better to avoid that bank.

 

In the current scenario it is very important to know whether your bank has proper banking solutions software. By banking software we mean that there should be a user friendly and easy to implement. It should provide a proper and step by step guidance to its users for easy navigation. Any kind of customer should conveniently be able to carry on the transaction without any kind of confusion. Apart from simplicity your banking software should also offer proper reliability. Nowadays because of an increased competition level most of the banks have started implementing latest financial services technology. These financial services technology give the banks an edge on the lesser organized banks. Because of an increasing trend towards online banking and money transfer most financial institutions have started stressing on proper usage of financial services technology. So when you choose a bank for yourself, make sure that you check for this point. Another important feature that you should check out while selecting a bank is to verify about the investments. Most of the banks now offer a variety of products like investment options in mutual funds and also stocks. So if you find any of these options available then you may choose one because these are best for having a long term saving.

In the current scenario it is very important to know whether your bank has proper banking solutions software. By banking software we mean that there should be a user friendly and easy to implement.

Banking

Hurdles for mobile banking solutions

As customers have started using handsets to make the best use of banking services offered by financial institutions, banks are eager to find the mobile solutions to offer unparalleled services. In this scenario, banking software companies are called upon to build ideal mobile banking solutions, which allow financial institutions to cater to the demands of end users. But, there are hurdles that ought to be cleared by the software company that aims to build good solutions for banks.

Devices

With handsets luring the attention of the general public, there has been a steady growth in the introduction of new devices. As customers make use of different types of mobile phone devices, mobile banking services should be made available on all these devices. The banking software companies ought to consider this significant aspect before they set out to build ideal solutions for financial institutions. Before bringing out a sophisticated application, features supported by the handset, as that of SMS, a WAP browser or Java ME have to be taken into consideration to achieve the desired results.

Security

When banking software companies strain at the leash to introduce mobile banking solutions for banks, there are several other features that demand the attention of the company that wants to build an ideal tool. Security pertaining to financial transactions happens to be a significant feature that needs to be weighed by the software organization. Various features like encryption of data while it gets transmitted over air, password authentication, and encryption of data as when it is stored in a device, among the other important features arrest the attention of the company.

Scalability

As banks provide unparalleled mobile banking services, customers make good use of the services, as there is also a good growth in the customer base. In essence, a customer makes use of this service from various corners of the globe, and the system that is set up to meet this demand has to provide round-the-clock services. This is a feature that demands the attention of software companies that aim to build best mobile solutions for banks.

Reliability

In unveiling such mobile services, financial institutions strive to meet customer demands and offer unparalleled services to customers. But, when customers make good use of these services, their expectations tend to grow, as banks ought to be prepared to meet the growing expectations of customers. Banks gain customer confidence only when its performance is good, as it also becomes a reliable source that earns approval from customers.  This is also a feature that needs to be considered by software companies when they strive to bring out the best mobile solutions for financial institutions.

While a software company is eager to bring out the best mobile banking solutions, it has to take note of important aspects that can impact the solution, to make sure that the company achieves the desired objective.

Bank-companion.com provides mobile banking services which enables banks, community banks and credit unions to provide their customers with 24/7, anytime anywhere banking. The result is a secure and scalable platform that helps your organization to increase loyalty, acquire new customers, cross-sell products plus much more.

Banking

Get Customized Banking Solutions with Skye Bank

Banking is an essential element in everyone’s day to day life. Earlier banks were only used to keep your money at a safe place but now its definition has vastly expanded. Today people not only deposit their money in banks but they also use them for purposes like money transfers, loans, international trade, investment, business support, fund transfers, international funding and much more. Since, so many purposes are solved from a banking institution; it has to be reliable and reputed like the Skye Bank. Skye Bank is one of the most reputed and renowned banking institutions of Nigeria.

The public limited company of Skye became a seamless consolidation of popular banking groups in 2006. These banking groups carry over 50 years of experience in their field, which makes this bank one of the oldest banks of Nigeria as well as West Africa. Our banking group facilitates every aspect of financial products and services for its customers, which is supported by a technological framework. The two basic aspects of this banking institution that makes it popular amongst the customers and investors is its stock exchange of over 450,000 diverse shareholders as well as its secure and ideal shareholding structure in which no individual or company gets more than 5% holding.

The bank works with a passionate staff and world class information technology that provides it strength in corporate, commercial, investment as well as retail banking. One most important field that Skye Bank caters in the most customized manner is Business finance. The dynamic corporate banking group of Skye specializes in cut across many economic sectors with paying special emphasis on international trading. It operates and coordinates with a three-tier group whose expertise will assist you in growing your business at a faster pace. Its corporate banking is divided into fields like cycle financing, commodities trading, structured trade finance, tailor made financial solutions and overdraft.

Apart from business financing, Skye bank is also known for its simplified Money Transfer solutions. We have collaborated with the most renowned money transfer institutions to make this process faster and simpler for our customers. These organizations include names like Western Union, Skye Global, Skye FlitCash, AutoPay and many other international trade and transfer firms. Our 260 branches along with 600 ATMs present within our business premises also make all kinds of financial transactions much simpler for our customers. We look forward to make out institutions more beneficial for a vast variety of purposes by investing in potential sectors like Insurance, Capital Markets, Mortgage Finance, Trustee/Asset management and many more.

The author is an experienced Content writer and publisher for Business Development. Visit at http://www.skyebankng.com/ to know more about Skye Bank, Business Finance and Money Transfer.

Banking

Mobile Banking Solutions

Over the years, mobile phones have ceased to be just mobile phones. The advent of Smartphones and surge in mobile phone telephony technology has made a phone much more than just that. A mobile phone is a personal digital assistant cum a workstation. Growing usage of Internet via services like EDGE, 3G and LTE has further enhanced its usage and dependence. Usage of mobile Internet globally, almost tripled between 2009 and 2010, as per a report from Cisco, but that’s not the most surprising bit. The real news is, they expect mobile data use to increase by a factor of 26 by 2015 – and a large part of that growth will come from users who don’t even have electricity at home. So it is only logical that the credit unions saw mobile banking as a great opportunity to reach out to new and existing customers.

Mobile Banking, basically, is a system that allows financial institutions to conduct a number of banking transactions through a mobile device. It has been gaining traction all over the world. Among the biggest advantages of mobile banking is the no-fee checking, feature. The biggest reason for the spectacular growth in mobile banking is that there is a need and it is possible to meet the need with technology that actually works. There is also a spirit of optimism and a willingness to try out new things. The degree of rampant innovation in this sector is almost unheard of. Also, a new breed of consumers all over the world is starting to emerge with an open mindset and with big dreams. They want to embrace new innovations. Mobile banking gaining so much traction is a proof of this trend.

There are a lot of advantages to mobile banking.

Some of them are as follows. In case of online banking, you must have an Internet connection and a computer. This is a problem in developing countries. However, with mobile banking, connectivity is not a problem. You can find mobile connectivity in the remotest of places also where having an Internet connection is a problem. It saves a lot of time. It is also very cost effective, and various services can be accessed at the tip of your fingers. Banks can also use it to promote services like auto loan refinance rates, microfinance rates and other special services to a specific group of individuals. Mobile banking also reduces the risk of a fraud. One can get SMS intimations and notifications post every transaction. So if a wrong transaction has happened, one can easily notify the bank. It prevents fraudulent activities. Thus, with the convenience it offers to customers and banks alike, Mobile banking is here to stay.

California Coast, founded in 1929, is one of the oldest credit unions in San Diego. It offers competitive deposit rates, lower loan rates, enhanced technology and additional services. It enjoys a shared branch network of more than 3,000 locations, and more than 25,000 surcharge-free ATMs nationwide.

Finance

Solutions By Finance Professionals

Almost all states require treasurer or a chief financial officer. The environment of a private sector with increasing demands to deliver quality services and to do so within a framework of responsible financial and the resource management the role of the chief financial officer arises to achieve success with having a diverse role and responsibilities in today’s complex public sector environment.

 The core responsibilities of financial management services can be divided into the major components such as controllership duties, treasury duties and focussing on economic strategies. Chief financial officer is always responsible for the company’s financial condition and he or she has to take the measures to invest company’s money considering risk and liquidity, and in addition CFO sees capital structure of the company and also determines the debt, equity and the internal financing.

Sometimes financial management services help the larger issues that might have to do with the whole council and they play a key role in dealing with the financial implications of purchase and monitoring of services and goods. His duties also include economic forecasting and modelling. CFO’s job is a very tough job as he or she is able to project the long term financial picture of the company and how it thrives based on his or her analysis.

A strong management is the back bone of the company, its management that ultimately makes the strategic decisions and there is no such magic formula to evaluate management but there is a factor that needs to pay attention.

The most important thing for a good CFO is to listen and to learn first and get the grips with the whole understanding and what the real need to do in order to achieve with the prioritise actions later.

It’s important for the CFO to be strategic and helping to shape overall strategy and direction and instilling a mindset throughout the organization to help other parts of the business to perform better. And their varied role makes its job more complex and challenging. Financial management services help you to develop a customize investment portfolio consistent with the investment goals and risk tolerance. And also help in transforming their finance capabilities help drive business value across the enterprise.

Businesses fail or succeed based on their ability to create and manage a profitable business and the goal of these Financial Management Services to help every business achieve sound financial management from general ledger generals to sophisticated fiscal reporting and performance management with the Chief Financial Officer who is responsible for overseeing the financial operations.