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August 2024
Welcome to the latest edition of RepliconIQ!
The business landscape is changing by leaps and bounds due to technological advancement, client expectations, and increased competition. To stay competitive and ensure overall operational efficiency, businesses must continuously assess and redefine their resource management strategies, stay abreast of dynamic accounting practices, and deliver value through effective project management. In this edition, we have shed some light on key factors that can help businesses do all of this and more.
From Our Resources
How Many Work Days in a Year?
How Many Work Days in a Year?
Knowing the accurate number of work days in a year helps plan project timelines, assists in calculating the employee compensation based on the days worked, and enables employers to forecast labor costs for upcoming projects. However, this number varies. So, how can you calculate it for a particular year? Explore our informative blog to learn how you can calculate the number of work days in a year and the factors that you must consider.
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What Is Project Execution? Why It Matters and How to Get It Right
Do you know which phase is the longest in the project management cycle and why? It’s the execution phase which plays a huge role in a project’s outcome. Read our in-depth guide on project execution to learn more about this phase, what happens in it and how you can power up your projects via effective execution.
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Revenue Recognition in Accounting: What It Means & The 5 Steps
Accurate revenue recognition not only provides transparency into an organization’s financial performance but also plays a pivotal role in building credibility with stakeholders, including investors, creditors, and customers. To understand it better, delve into our in-depth guide that sheds light on the concept of revenue recognition, its significance, its essential metrics, and its framework.
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Eight Factors to Guide the Build vs. Buy Decision for Enterprise Time Tracking
Going digital usually poses a dilemma for large services organizations, especially when they have to decide whether to invest in off-the-shelf solutions or build a custom solution in house for their time-tracking needs.
To help enable enterprise leaders to drive higher project profitability, we discuss eight crucial factors in our comprehensive guide that they can consider when making the build vs. buy decision, evaluating all the risks and inputs associated with each option.
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