HCM Solution Decision Matrix

There comes a time when organizations must evaluate human capital management solutions and choose the best option. But how do you know which provider best suits your company’s needs? Leveraging tools like a decision matrix is an effective way to make more confident decisions based on criteria that matters to you.

Use this HCM solution decision matrix when:

  • You’re choosing a provider based on several criteria that impact other departments.
  • You’re trying to narrow the list of providers you’re considering.
  • You already have a shortlist of providers, and you need to make a final choice.
  • Feel free to contact us for additional guidance and insights on choosing the best HCM solution for your business.

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Calculate, Interpret and Improve Your DSO

DSO - for Days Sales Outstanding - is an important KPI to keep an eye on especially in fast-growing SaaS companies. It represents the number of days it takes your invoices to be paid by your clients. It, therefore, has an influence on your company’s cash flow. It also signals the efficiency of your cash management process.

There are 2 ways to calculate Days Sales Outstanding:

  • The simple method: a simple formula that calculates the average number of days it takes for your customers to pay your company.
  • The countback method: a more complicated and accurate way to find your DSO, where you go back month-by-month over a period of time.

Need help calculating your DSO? Check out our free spreadsheet that helps you calculate, interpret and reduce it!

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5 Top AR Metrics

On this spreadsheet, you'll find pre-filled formulas as well as explanations and examples to calculate the top 5 A/R metrics.

  • DSO or Days Sales Outstanding.
  • Accounts Receivable Aging.
  • Accounts Receivables Turnover Ratio.
  • ADD or Average Day Delinquent.
  • CEI or Collection Effectiveness Index.

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Top 10 Use Cases for Chatbots in Higher Education

Gen Z are most open to chatbots than any other age range, the demographic that comprises the majority of higher education students. But how should chatbots be best used in universities and colleges?

If you are ready to start your chatbot journey but don’t know where to start, download this SlideShare to learn the top 10 chatbot use cases that universities and colleges around the world are benefitting from.

Drawing from our 15+ years of experience building chatbots for higher education, these 10 chatbot examples will show how you can adopt chatbots for the benefit of your students, support agents, and school. Some use cases include:

  • Provide 24/7 availability.
  • Take the load off the team during seasonal peaks.
  • Devote more time to complex or sensitive queries.
  • Automate appointments and bookings.

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Higher Education Cheat Sheet – 4 Proven Strategies to Increase Enrollment this Fall

Over the past two years, postsecondary enrollment has decreased by 7.4% in the US. If that stat doesn’t get you thinking of new strategies to increase intake at your school this year, nothing will!

With such intense competition among universities and colleges, grabbing the attention of prospective students is no easy feat. And this is only half the battle – you now need to prove that your school is the right choice for them. While this is a complex battle, there is one very straightforward but crucial element that you must get right – student support.

This guide will lay out 4 cost-effective strategies that any school can adopt to help them engage with more prospective students and increase enrollment this fall. You’ll also find success stories from other higher education institutions like Thompson Rivers University and Cambrian College who are benefiting from these strategies.

Download this slideshare and start reversing the enrollment decline!

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The ultimate cheatsheet for executing rolling IT Forecasts

What are the 12 most important questions to answer to develop a rolling forecast strategy? Find out. Download the Rolling IT Forecasts cheat sheet to learn:

  • 5 reasons rolling forecasts fail
  • 5 steps to establish a rolling forecast cadence
  • How to accurately forecast future IT spend in minutes

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The ultimate cheatsheet for executing rolling IT Forecasts

What are the 12 most important questions to answer to develop a rolling forecast strategy? Find out. Download the Rolling IT Forecasts cheat sheet to learn:

  • 5 reasons rolling forecasts fail
  • 5 steps to establish a rolling forecast cadence
  • How to accurately forecast future IT spend in minutes

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