Tag: business operation

Increasingly dominated by cloud solutions, the global payroll and HR software market is forecast to top $61 billion by 2030. This growth reflects the shift towards cloud-based payroll and HR systems in businesses of all sizes and across industry sectors. The adoption of cloud-based systems has had a disruptive influence on the way businesses manage their payroll and HR functions.

South African business leaders might be willing to invest in artificial intelligence (AI) to improve their business operations, but they are being held back by a crucial ingredient: technical skills. A recent snap poll we conducted shows that budget is not an issue, but a skills vacuum is.

In recent years, the cloud has emerged as an undeniable powerhouse in the Enterprise Resource Planning (ERP) market, with projections indicating a staggering transformation from the current $64.7 billion valuation to an astounding $130 billion by 2027. The allure of cloud-based ERP is undeniable, offering cost savings, swift implementation, enhanced flexibility, and accessibility for businesses to scale seamlessly.

For jobs to be created, new industries need to be created and for that, you need people. A unique opportunity for job creation is emerging with the rise of artificial intelligence (AI), which is set to not only become a new growth area of its own but will also upend innumerable existing industries.

In the wake of the rapidly evolving digital landscape, retailers are continuously confronted with a myriad of software solutions. Implementing these systems often requires a considerable investment of resources, frequently resulting in a patchwork of fragmented systems and siloed operations.

In the vast expanses of the African continent, a beacon of entrepreneurship and innovation shines brightly. Nestled at its southernmost tip, South Africa is not just a country, it's a dynamic marketplace brimming with potential. Yet, it's not just the sprawling savannahs or the captivating cultural heritage that make this nation remarkable.

Understanding trends in any given field helps businesses understand what conversations are happening in the industry broadly and likely strategic topics for their competitors. In other words, if everyone else is talking about a new technology and how it impacts business operations, why aren’t we?

Enterprise Resource Planning (ERP) software has seen rapid growth in recent years following the COVID-19 pandemic. Even though it can be deployed quickly, ERP systems are complex and require significant computing resources, which can be expensive to acquire and maintain in-house.

Companies that are concerned they won’t be able to comply with the new Employment Equity Act needn’t be. There is a legal way around the Act’s new requirements. The Employment Equity Amendment Act (EEA) 4 of 2022 was recently signed into law by President Cyril Ramaphosa.

Dumping is described as international price discrimination, wherein a product is cheaper in the importing market than it is in the market that is exporting said product. This practice is frowned upon, as exemplified by calls to curb dumping through measures like tariffs or outright bans on certain imports.