Could the creation of a paperless currency rescue the Greek economy?
Greece is under increasing pressure from the European Commission over its massive debts – and is at risk of defaulting. However, according to Shoreham-based Lee Gibson Grant – a founder of cryptocurrency consultancy Coinstructors – electronic currency could hold the answer to Greece’s financial woes – and even the future of the EU! In his […]
Data breaches have far-reaching consequences
Data breaches are a worrying prospect for any company. Should one occur, customers’ personal information could potentially be shared to the world, resulting in a large fine and even prosecution. However, many firms may not have considered the fact that it could put other businesses off working with them too.
Process improvement methodology for banks
We’ve talked a lot about process improvement on our blog, and it can sometimes be tricky to work these strategies into a particular industry. In today’s article, we’ll focus on applying some basic process improvement theories to banks and financial institutions. It’s crucial to understand the common problems that are facing the banking industry in […]
How electronic forms can minimize scanning and data entry
It’s hard to imagine how businesses ever got anything done before digital technology. Papers were signed when the mail was delivered. Customers got answers when a business called them back. And many a pen ran dry while employees and office workers tediously filled out form after form by hand. The availability of electronic forms is […]
Reducing paper statements can save banks a bundle annually
Of all the benefits that digital technology can offer, an uncluttered lifestyle is topping the list. Instead of amassing record collections or stacks of CDs, we download hundred-song playlists to a pocket-sized digital device. Roomfuls of patient records, student data – entire libraries in fact, can now be accessed quickly and securely, in just a […]
HR Managers Can Dramatically Cut HR Onboarding Time
We’ve all found ourselves staring at a new employee packet at least once in our careers. Depending on the size and organisation of the company, it may have consisted of several stapled sheets of paper (a welcome letter and a list of internal resources with a W-9 thrown in) or an impressive binder with everything […]
Small firms could save even more money by going paperless
Small to medium-sized enterprises (SMEs) can cut down on expenses easily by implementing measures such as going paperless. North East Business reported that, last year, SMEs in the north-east of England alone managed to achieve an average saving of £6,940 using simple tactics such as energy saving devices and swapping reams of copy paper for […]
What does 2015 hold for sustainability?
As we make headway into 2015, more emphasis is being placed on business sustainability, as companies begin to realise its importance in long-term profitability and the procurement of new customers.
New Digital Era for the Court Service
Following the announcement of a reform programme for HM Courts & Tribunals Service (HMCTS), significant changes are expected to alter the way in which Court business is carried out.