Our blog

Our expert thoughts
business intelligence tools. BI Tools.

Human Capital Management in the World of Global Business

How Human Capital Management Directs Business Efficacy

Human capital management (HCM) refers to the planned and strategic approach to managing the workforce, which is one of the most valuable assets to any organization. It is a methodology to employee staffing that sees people as important assets, whose value at the present time can be measured and whose future value through investment can be enhanced.  In order for an organization to achieve its goals, the value and efficiency of its human capital has to be constructively assessed. Herein is a brief overview of some of the key aspects of HCM.

The Role of Human Capital Management
An organization that ensures effective human capital management assists its employees to clearly define and consistently communicate the performance that is expected of them. It plays an important part in increasing the efficiency of the workforce. HCM aids in the development of the skills and expertise of the employees especially in the sectors where they are lacking.

As result, individual workers will be in a position to contribute more towards the organization, thus increasing the overall productivity of the system. This also encompases the personal development and soft skills of the employees

Through HCM, an organization’s human resource department will be able to more accurately recruit the best candidates for each stipulated positions or role. Hiring the right talent ensures that the organization runs smoothly and efficiently. In addition, less time and resources will be used in training new employees. Proper human capital management also facilitates the flow of information between superiors and subordinates. This is essential in order for organizations to avoid costly confusion and misunderstandings.

Components of Human Capital Management
Managers are tasked with valuation, rewarding and holding workers accountable for achieving set organizational goals. They also oversee the creation of innovation and supporting the continuous improvement of the employees. The objective of HCM is to ensure that an organization can build and maintain effective employment relations. In this sense, it involves:

  • Protection and preservation of the organization’s knowledge gained through business intelligence tools for future use
  • Identifying individuals from the inside who are key to the organization’s success
  • Identifying individuals from outside who are key to the organization’s success
  • Hiring the right personnel
  • Properly orienting the employees to the organization
  • Upgrading employee skills through continuous training
  • Employee retention
  • Ensuring employees are self-sufficient

HCM In a Global Market

In this period of strong globalization pressures and increased competitiveness, it is paramount for individual organizations to adopt measures that put to efficient use their available resources, particularly the human resource. Dynasoft Synergy is a leader in the field of Human Capital Management. We have spent years aiding our clients through the extensive use of data analytics and business intelligence tools. Contact us to see how to propel your organization into the global market.

machine learning drive Business Intelligence

How AI is Evolving The Functionality of Sales and Marketing

Automation Is Evolving The Role of Sales

Machine Learning is a method of data analysis that uses algorithms which learn from the data entered and automatically allow the program to find hidden insights without being programmed where to look. The machines can then predict the outcomes after interpreting the data, receive feedback on the predictions and as a result they can improve their predicting capabilities in the future. As a result, there is automated report migration of the whole process. Organizations can make use of this form of business intelligence to transform their sales functions drastically.

This form of Business Intelligence migration does not replace sales professionals, it instead creates new opportunities for employees to thrive in their work environment. There are many personalized attributes that machines are not able to replicate such as convincing, explaining, listening and expounding further on a point. So the two work hand in hand. Nevertheless, machine learning comes with an expedited way of doing things that should not be understated.

Ways in which this form of Artificial Intelligence is used in businesses:

AI can be used to interpret customer data in a way that humans cannot. Machine learning helps collect data on customers and create a connection about that data in a way that will be beneficial to the business.

It also helps the business make better sales predictions by comparing the data from the past, decisions made from it and compare them with the current state. This provides insight on how resources can be allocated in a business.

In the future artificial intelligence is going to play a huge role in the form of automated responses and customers can get easy information about the business on issues such as contract terms and pricing. This comes hand in hand with the ability to have a quick response to all of the customer’s needs. Machine learning will be able to anticipate problems from customers, address the problems or suggest solutions very fast. It is this type of sales communication where AI will thrive

Human capital management in a business will be made easier as customers will spend most of their time using this form of business intelligence instead of interacting directly with humans. This saves on a lot of labor costs for the company.

The Automation of Reports and BI

Machine learning does not come to replace salesmen but rather to evolve their work and create new sales opportunities. Automation is not only good for a business, but as the global economy continues to shape itself, it’s becoming a necessity to stay at the top of the pack. If you or your company is interested in learning more about how BI Intelligence Migration and automation can help you succeed, contact Dynasoft Synergy. Our tech experts can walk you through our reporting process and show you how to take your business into the next generation.

Big Data company, Business Intelligence company

3 Ways Big Data is Changing Financial Trading

How Business Intelligence Works Well for the Finance Sector

Big data is making a significant impact in the world of finance. Increasing complexity and generation of data is changing how industries work and the financial department is not excepted. The three means by which big data is influencing trading are as follows: Read more

business intelligence, Automated Reporting, BI Tool Migration, Non-Profit organizations

Efficiency of Business Intelligence in Non-Profit Organizations

Automated Reporting with Business Intelligence Tools

For any organization to be a success, there is a need for data about their business to be well organized as it will help in making the right decisions. Business intelligence seeks to provide ways through which they can be able to do so. Business intelligence is a sophisticated technology system used to aid the collection of data, analysis, and presentation and sharing of information with different people. It also provides the advantage easy tool for migration and consolidation of data. Read more

business analytics, business intelligence, big data, bi tools

Big Data: A Driving Force of Professional Sports

Business Analytics Helps Sports Teams Succeed

The growing importance of analytics in sports franchise operations is an interesting development for sports enthusiasts all over the world. In recent years, big data and advanced analytical techniques are increasingly being integrated into every aspect of the sports industry. Sports teams are utilizing big data analytics in game management, training and practice methods, player development, business intelligence, and financial decision making. With the annual global sports revenues in the hundreds of billions of dollars, it is not difficult to see why sports are proving grounds for analytic technologies. Read more

automated report migration, business intelligence tools

Leveraging Big Data to Increase Sales

Utilize Big Data Technologies to Stay Competitive In Your Field

Big data is a necessity for any serious, profit-seeking business. If used well in all departments, the data can elicit great ideas to foster growth. Sales professionals should maximize on big data to increase profits. Read more

Key Aspects While Validating BIRT Reports

When there is a need to move to an Opensource technology like BIRT, the following aspects need to be kept in mind while validating the reports, when comparing with the source report.

 

  • Data Validation:This can be done by visually comparing the PDF outputs or by comparing the excel outputs using macros and Excel functions.
  • Functionality: By providing multiple prompt values. Note that if source platform (like Oracle Report Builder) has Stored Procedure, the object need to be in separate Dataset and it should reflect in Master Page by Binding.
  • Performance: By running huge volumes of data under multiple scenarios.
  • Filters and Formulae – Compare the filters and formulae. This can be done by manually comparing with the source SQL and PL/SQL.

 

How to Migrate Embedded Reports from Staging to Production in Taleo

Perform the below steps to migrate the reports from staging to production in Taleo reports.

  • Login to the staging or production zone. Enter User Name and Password and click Sign In.
  • The home page will appear, navigate to the “Configuration” -> Recruiting -> “Administration”-> “Embedded Reporting” -> Administration.
  • Click on “Export Reports and Data Models” and select the “Report Definition” and “Data Models” and click “Export” Button.
  • Save the “.xdrz” file in local machine.
  • Login to the production environment and navigate to the “Configuration” -> Recruiting -> “Administration” -> “Embedded Reporting” -> Administration.
  • Click on the “Import Reports and Data Models” and browse the “.xdrz” and click “Import”.
  • Then go back to the “Embedded Reporting” page and activate the “Data Models” and “Report Definition”.

Now you can access your migrated embedded reports in the Reports List menu.

17 May 2017
by DynasoftUSA Staff

How to Add Days, Months and Years in a Jaspersoft Report

You can add days, months and years to a DATE field by using the following  workaround in Jaspersoft reports.

 

  1. Manually add the following content in the jasper xml

<import value=”org.apache.commons.lang.time.*”/>

 

  1. Use the following syntax as given in the below example:

 

To add Days – DateUtils.addDays($F{HIREDATE},5)  – Return type date

 

To add Months – DateUtils.addMonths($F{HIREDATE},5)  – Return type date

 

To add Years – DateUtils.addYears($F{HIREDATE},5)  – Return type date