Many full-time employees want to work remotely, even after the COVID-19 crisis has passed. But can working from home actually save Firms money?
- The COVID-19 pandemic has shown a light on working environments, particularly the possibilities of working remotely. Almost 43% of full-time employees in India want to work remotely even once this crisis has passed, and the economy reopens. But, is this beneficial for companies? Can working from home save companies money? The pandemic accelerates the shift to remote work As most people are aware, since the COVID-19 outbreak, the economy has been on hold. Lockdowns went into effec...Read more
5 Ways to Reduce Turnaround Times in Your Valuation Firm
- For Valuation Firm, Efficiency is just as important for the profession as it is anywhere. If your valuation firm doesn’t have a reputation for turning work over at a good pace, your competitors will surely overtake you. Turnaround times can almost always be improved by studying the firm’s time management. Setting out what makes up each aspect of the day, and assessing exactly what needs to happen and what can be disposed of, can slice hours off each assignment. The result is a happier...Read more
A Guide to Valuation Office Automation
- Valuation firms being service-based, revenue earned in this profession is based on valuations completed for work on behalf of their clients. Unfortunately, non-billable hours are a fact of life for any valuation firm and can take up a significant amount of time per day. It includes administrative work that is separate from client work, client addition, billing and collections, and process management tasks. And this is where valuation office automation can help. Non-billable tasks are ess...Read more
5 Ways to Save Time and Money through Process Automation
- Most people immediately assume that automating the workflows of valuation processes will help them save time. It makes sense when you consider that automation does allow people to complete their work much faster. However, that’s not all process automation has to offer. It makes sense to use the cliché and say “time is money” to justify that. If it saves time, your company will also save money. That is why most businesses apply it to convince their firm to invest in valua...Read more
9 Tips to Improve Valuation Firm Profitability
- Valuation firm profitability has always been essential to your valuation practice’s success. But increasing your valuation firm’s profits is now more critical than ever. This: primarily due to unpredictable 2020 and as we continue adapting to the impact of COVID-19 on the Valuation industry in 2021. A more profitable valuation firm has the resources to serve clients better and ensure compensation for the staff. In this post, we’ll provide tips for ways to improve your valuati...Read more
Ethics of Data Monetization
- Data monetization has already stepped into our lives in many ways most commonly known as a stranger tele-calling you on your personal mobile number and trying to sell you time shares, credit card, loan or an insurance and the person even mentions your name, and address or other personal information which may surprise or shock you at times. At times you may like to know about your reference check and the tele caller may say that it’s from a database provided to them from their marketing co...Read more
What role does Software play? Does Business see Software as Profit /Loss?
- Getting to know what Software is To perform any task, we as a human follow certain methods or processes to achieve the desired results in our everyday life. Similarly, when it comes to handling a machine we give a set of instructions to perform a task. It should be presented in a language which the machine can understand and it is called “Software”. Software is a generic term used to describe computer programs or instructions. There are terms like applications, scripts, and a set of inst...Read more
Who will drive the Real Estate Recovery sooner – End User or Investor? The Maslow’s Theory of Motivation may have the clues
- No Pandemic or Recession is permanent. History has enough evidence to prove recovery. However, the question is, Why, When, and Who will drive the Real Estate Recovery process. Few concepts from TheMaslows Theory of Motivation has the clues for the Real Estate Recovery. Like Oxygen is for a human being, Money is for economic activity. Freely flowing Oxygen and Money will bring about Harmony to human beings and Prosperity for the economy. The present situation has chocked the money fl...Read more
Technology in Valuation Business – Implementation Challenges
- Abstract: Technology is not new to Indian Valuation Firms. Several sizeable valuation firms have managed vital business problems by automating their processes. Software for managing micro-processes like initiations or assigning cases or raising invoices or generating reports, etc., were built to handle specific needs of that particular valuation firm. Though used only by large firms, technology is not new to the Indian Valuation Industry. Changing Perception: We are witnessing a...Read more
Who will drive the Real Estate Recovery sooner – End User or Investor? Maslow’s theory of Motivation may have clues
- No Pandemic or Recession is permanent. History has enough evidence to prove Recovery. But the question is Why, When and Who will drive the Real Estate Recovery process. Few concepts from Maslow’s Theory of Motivation have the clues for Real Estate Recovery. Like Oxygen is for a human being, Money is for economic activity. Freely flowing Oxygen and Money will bring about Harmony to human beings and Prosperity for the economy. The present situation has chocked the money flow in nearl...Read more