#offering a comprehensive suite of tools to manage various HR functions. With the rise of online education

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A Guide to SAP HCM Online Training in India

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Why Investing in Oracle Fusion HCM Training is Worth It for Your Career

In today’s rapidly evolving business environment, Human Resources (HR) departments are facing increasing pressure to streamline operations, enhance employee engagement, and drive organizational success. One of the most powerful tools in achieving these goals is Oracle Fusion Human Capital Management (HCM). Investing in Oracle Fusion HCM training is not just a smart career move; it's a strategic decision that can set you apart in the competitive job market. This article delves into why Oracle Fusion HCM training is a worthwhile investment for your career and how it can propel you to new heights in the HR field.

The Growing Importance of Oracle Fusion HCM

Oracle Fusion HCM is a comprehensive suite of cloud-based applications designed to manage various aspects of human resources, from recruitment and onboarding to performance management and payroll. With its advanced capabilities and user-friendly interface, Oracle Fusion HCM offers a holistic solution that integrates seamlessly with other Oracle Cloud applications. The significance of this tool in modern HR practices cannot be overstated. As organizations strive for digital transformation and seek innovative ways to manage their workforce, the demand for skilled professionals who can harness the power of Oracle Fusion HCM is on the rise.

1. Enhanced Career Opportunities

Investing in Oracle Fusion HCM training opens up a wealth of career opportunities. As more companies migrate to cloud-based HR solutions, the need for professionals with expertise in Oracle Fusion HCM is growing. By acquiring this specialized skill set, you position yourself as a valuable asset to employers who are looking to leverage the full potential of their HR technology. Whether you’re aiming for a promotion, seeking a new job, or considering a career change, Oracle Fusion HCM training can significantly enhance your marketability and increase your chances of landing a high-impact role.

2. Increased Earning Potential

Specialized skills in Oracle Fusion HCM can lead to higher earning potential. According to industry reports, professionals with expertise in Oracle Fusion HCM often command higher salaries compared to their peers who lack this specialized knowledge. This is due to the critical role that Oracle Fusion HCM plays in optimizing HR processes and the technical proficiency required to manage and implement the system effectively. By investing in Oracle Fusion HCM training, you not only enhance your skills but also improve your earning prospects, making it a financially rewarding decision.

3. Mastering a Comprehensive Solution

Oracle Fusion HCM is renowned for its comprehensive functionality. The training covers various modules such as Functional Setup Manager, Core HR, Global Payroll, Talent Management, Workforce Rewards, and Workforce Management. Each module is designed to address different aspects of HR operations, ensuring that you gain a well-rounded understanding of how to manage and optimize the entire HR lifecycle. Mastering these modules through training equips you with the knowledge to handle complex HR scenarios and make data-driven decisions that can positively impact organizational performance.

4. Staying Ahead in a Competitive Job Market

In the competitive landscape of HR, staying ahead of the curve is crucial. Oracle Fusion HCM training provides you with a competitive edge by keeping you updated with the latest features, best practices, and industry trends. As Oracle continually updates its HCM suite with new functionalities and enhancements, having up-to-date training ensures that you remain relevant and knowledgeable. This not only enhances your credibility but also demonstrates your commitment to professional growth and adaptability, qualities that are highly valued by employers.

5. Driving Organizational Success

Organizations that implement Oracle Fusion HCM are looking for professionals who can drive the successful deployment and utilization of the system. By investing in training, you position yourself as a key contributor to the success of the organization. Whether you’re involved in system implementation, user support, or process optimization, your expertise in Oracle Fusion HCM can help streamline HR operations, improve efficiency, and enhance the overall employee experience. Your ability to leverage the system’s capabilities effectively can lead to significant improvements in HR processes and contribute to the organization’s strategic goals.

6. Expanding Your Professional Network

Participating in Oracle Fusion HCM training also provides an opportunity to expand your professional network. Training programs often include interactions with industry experts, peers, and other professionals who share your interest in Oracle Fusion HCM. Networking with these individuals can lead to valuable connections, insights, and opportunities within the HR and technology communities. Building a robust professional network can unlock new career opportunities, foster collaborations, and provide valuable mentorship, all of which can significantly boost your career prospects.

7. Gaining Practical Experience

Many Oracle Fusion HCM training programs offer hands-on experience with the software, allowing you to apply theoretical knowledge in real-world scenarios. This practical experience is invaluable as it helps you develop problem-solving skills, gain confidence in using the system, and understand how to navigate and utilize various features effectively. Real-world application of your skills ensures that you are well-prepared to handle the challenges of implementing and managing Oracle Fusion HCM in a professional setting.

8. Leveraging Continuous Learning

Oracle Fusion HCM training is not a one-time investment; it’s a step towards continuous learning and professional development. As you progress in your career, ongoing training and certification opportunities can help you stay updated with the latest advancements and maintain your expertise. Many training programs offer advanced courses and certifications that allow you to further specialize and enhance your skills. Embracing a mindset of continuous learning ensures that you remain at the forefront of the industry and continue to grow professionally.

Conclusion

Investing in Oracle Fusion HCM Online training is a strategic decision that can significantly impact your career. By enhancing your skills, increasing your earning potential, and positioning yourself as an expert in a highly sought-after technology, you set yourself up for success in the competitive world of HR. The comprehensive nature of Oracle Fusion HCM, combined with the growing demand for skilled professionals, makes this training a valuable asset for anyone looking to advance their career and drive organizational success. Embrace the opportunity to master Oracle Fusion HCM, and watch as it transforms your career trajectory and opens doors to new and exciting possibilities.

[simplidistance]

Exploring the Best Options for an Online MBA

Pursuing an MBA is a strategic move for career advancement, and with the rise of digital education, online MBA programs have become increasingly popular. Among these, the MBA in HR correspondence courses stand out, offering flexibility and comprehensive curriculum tailored for aspiring HR professionals.

MBA in HR Correspondence Courses

The MBA in HR correspondence courses are designed for individuals who aim to deepen their expertise in human resources while balancing their professional and personal commitments. These courses provide in-depth knowledge on essential HR functions such as talent acquisition, employee relations, performance management, and strategic HR planning. With the convenience of online learning, students can access coursework and resources from anywhere, making it a viable option for working professionals.

Welingkar Distance MBA

Another noteworthy program is the Welingkar Distance MBA. Renowned for its innovative approach, Welingkar Institute of Management offers a diverse range of specializations including marketing, finance, and operations, alongside HR. The distance MBA program from Welingkar is designed to provide practical insights and real-world applications, ensuring that students are well-prepared to tackle industry challenges. The institute’s use of interactive e-learning tools and comprehensive study materials further enhances the learning experience, making it a popular choice among distance learners.

Symbiosis Correspondence MBA

For those seeking a reputable and flexible MBA program, the Symbiosis Correspondence MBA is an excellent option. Symbiosis Centre for Distance Learning (SCDL) offers a robust MBA program that covers various aspects of business management. The curriculum is designed to impart practical skills and theoretical knowledge, ensuring that graduates are ready to meet the demands of the corporate world. Symbiosis’s extensive network and industry connections provide students with ample opportunities for networking and career advancement.

Conclusion

Whether you are considering an MBA in HR correspondence courses, exploring the Welingkar Distance MBA, or aiming for the Symbiosis Correspondence MBA, these programs offer quality education and flexibility to suit your lifestyle. Online MBAs are paving the way for future leaders, providing the skills and knowledge necessary to thrive in today’s competitive business environment.

[swagsuitking]

ERP software solutions in Myanmar

The Expanding Horizons of Digital Solutions in Thailand and Myanmar

Call Centre Software in Thailand

The call centre industry in Thailand has seen significant growth, fueled by advancements in technology and the increasing demand for efficient customer service solutions. Call centre software has become integral for businesses aiming to streamline their customer interactions. This software enhances operational efficiency through features like automated call distribution, interactive voice response (IVR), and real-time analytics. Companies can track performance metrics, monitor agent interactions, and improve customer satisfaction. The adaptability of these systems to integrate with other enterprise applications makes them indispensable in the modern business landscape.

Enterprise Resource Management (ERM)

Enterprise Resource Management systems are critical for large organizations to manage and automate their core business processes. ERM software consolidates various functions like finance, HR, supply chain, and inventory management into a unified system. This integration improves data accuracy, enhances decision-making capabilities, and boosts overall productivity. ERM systems provide real-time data access, facilitating better strategic planning and resource allocation. With the rise of cloud-based solutions, ERM systems are becoming more accessible and scalable, catering to the needs of businesses of all sizes.

Custom Software Development Services

Custom software development is a tailored approach to creating software that meets the specific needs of a business. Unlike off-the-shelf solutions, custom software is designed to address unique challenges and optimize business processes. This service encompasses the entire development lifecycle, from requirement analysis and design to coding, testing, and maintenance. Businesses can gain a competitive edge by deploying custom solutions that improve efficiency, enhance customer experiences, and drive innovation.

Mobile Application Development

The proliferation of smartphones has made mobile application development a crucial aspect of digital strategy. Businesses are increasingly investing in mobile apps to engage with their customers, enhance brand loyalty, and drive sales. Mobile apps offer a direct communication channel and can provide personalized experiences through features like push notifications, in-app messaging, and location-based services. Cross-platform development frameworks, such as React Native and Flutter, have streamlined the process, making it more cost-effective and efficient.

Odoo in Myanmar

Odoo, an open-source suite of business applications, is gaining popularity in Myanmar for its flexibility and comprehensive features. It offers modules for CRM, ERP, accounting, inventory, and more, making it a versatile solution for businesses of all sizes. Odoo’s modular architecture allows companies to start with basic functionalities and scale up as their needs grow. Its user-friendly interface and affordability make it an attractive option for Myanmar’s burgeoning business landscape.

Social Media Monitoring Tools

In today’s digital age, social media monitoring tools are essential for businesses to track their online presence and engage with their audience effectively. These tools provide insights into customer sentiments, brand mentions, and market trends. By analyzing social media data, businesses can tailor their marketing strategies, manage their reputation, and respond promptly to customer feedback. Tools like Hootsuite, Sprout Social, and Brandwatch offer robust features to help businesses stay ahead of the competition.

Best Email Marketing Software

Email marketing remains a powerful tool for businesses to reach their audience directly. The best email marketing software, such as Mailchimp, Constant Contact, and Sendinblue, offer a range of features including automation, segmentation, A/B testing, and analytics. These platforms enable businesses to create personalized campaigns, track performance, and optimize their email marketing efforts. The integration with CRM systems and other marketing tools further enhances their effectiveness.

IT Staff Augmentation Services

IT staff augmentation services provide businesses with the flexibility to scale their IT teams based on project requirements. This approach allows companies to access a global talent pool, reduce recruitment costs, and expedite project timelines. Staff augmentation is particularly beneficial for short-term projects or when specialized skills are needed. It ensures that businesses can meet their technological demands without the long-term commitment of hiring full-time employees.

UI/UX Interface Designer

The role of a UI/UX interface designer is crucial in creating intuitive and engaging digital experiences. These professionals focus on the aesthetics and usability of applications, ensuring that they are visually appealing and easy to navigate. By conducting user research and testing, UI/UX designers create interfaces that enhance user satisfaction and drive engagement. Their expertise is vital in differentiating a product in a competitive market.

AI Chatbot Development

AI chatbot development is revolutionizing customer service by providing instant, 24/7 support. These chatbots can handle a wide range of tasks, from answering FAQs to processing orders. By leveraging natural language processing (NLP) and machine learning, AI chatbots can understand and respond to customer queries in a human-like manner. This technology reduces operational costs, improves response times, and enhances customer experiences.

Bulk SMS Messaging

Bulk SMS messaging is a cost-effective way for businesses to reach a large audience quickly. It is widely used for marketing campaigns, notifications, and alerts. With high open rates and instant delivery, SMS is an effective channel for engaging customers and driving actions. Platforms offering bulk SMS services provide features like message scheduling, personalization, and analytics, enabling businesses to optimize their communication strategies.

EKYC Solution with Customizable OCR

Electronic Know Your Customer (EKYC) solutions with customizable Optical Character Recognition (OCR) are transforming the onboarding process for financial institutions and other regulated industries. EKYC automates identity verification by extracting and validating information from identity documents. Customizable OCR enhances accuracy by adapting to different document formats and languages. This technology reduces fraud, speeds up the verification process, and improves customer experiences.

Quality Assurance Software Testing

Quality assurance software testing is critical to ensuring that applications function correctly and meet user expectations. It involves various testing methods, including functional, performance, and security testing. By identifying and addressing defects before deployment, QA testing minimizes the risk of failures and enhances product reliability. Automated testing tools and continuous integration practices are making QA processes more efficient and effective.

In conclusion, the dynamic landscape of digital solutions in Thailand and Myanmar is driving businesses to adopt innovative technologies. From call centre software and ERM systems to AI chatbots and EKYC solutions, these tools are enhancing operational efficiency, improving customer experiences, and fostering growth in an increasingly competitive market.

Visit here: https://vintechsolutions.co/our-products/

[promptedify]

SAP ERP Essential Training & Professional In Uganda At Prompt Edify

SAP ERP Essential Training & Professional Development in Uganda at Prompt Edify

Introduction to SAP ERP

SAP ERP (Enterprise Resource Planning) is a comprehensive software suite designed to manage business processes and operations. It integrates various functions such as finance, human resources, procurement, and supply chain management into a unified system, enhancing efficiency and decision-making capabilities.

Point-wise Description

Overview of SAP ERP

Definition and significance of SAP ERP.

Core modules: Financial Accounting (FI), Controlling (CO), Sales and Distribution (SD), Material Management (MM), and Human Resources (HR).

Importance of SAP ERP Training

Enhances career opportunities in various industries.

Equips professionals with skills to optimize business processes.

Demand for SAP-certified professionals in the global job market.

SAP ERP Training Programs at Prompt Edify

Comprehensive curriculum covering essential SAP modules.

Experienced trainers with industry expertise.

Hands-on training with real-world scenarios and case studies.

Benefits of SAP ERP Training

Improved job prospects and higher earning potential.

Deep understanding of ERP systems and their applications.

Enhanced ability to manage and streamline business operations.

Professional Development in Uganda

Growing need for ERP professionals in Ugandan businesses.

Contribution to the development of the local economy.

Access to global opportunities through internationally recognized certifications.

Why Choose Prompt Edify?

State-of-the-art training facilities.

Personalized learning approach and flexible schedules.

Supportive learning environment and post-training assistance.

Detailed Description

In today's fast-paced business environment, organizations require robust systems to manage their operations efficiently. SAP ERP (Enterprise Resource Planning) is one such powerful tool that integrates various business processes into a single, streamlined system. The importance of SAP ERP lies in its ability to enhance operational efficiency, reduce costs, and provide real-time insights for informed decision-making.

At Prompt Edify in Uganda, we offer specialized SAP ERP Essential Training designed to equip professionals with the necessary skills and knowledge to excel in the field. Our training programs cover a comprehensive curriculum, including core modules such as Financial Accounting (FI), Controlling (CO), Sales and Distribution (SD), Material Management (MM), and Human Resources (HR). Each module is taught by experienced trainers who bring industry expertise and practical insights into the classroom.

The benefits of SAP ERP training are manifold. Professionals gain a deep understanding of ERP systems, which is crucial for optimizing business processes. This training significantly improves job prospects and earning potential, as there is a high demand for SAP-certified professionals across various industries. Additionally, trained professionals can contribute to the efficiency and competitiveness of their organizations, making them valuable assets in the job market.

In Uganda, the demand for ERP professionals is on the rise as businesses recognize the need for integrated systems to manage their operations effectively. By offering SAP ERP training, Prompt Edify is playing a pivotal role in addressing this demand and contributing to the development of the local economy. Our training programs not only prepare professionals for the Ugandan job market but also open doors to global opportunities, given the international recognition of SAP certifications.

Choosing Prompt Edify for SAP ERP training comes with several advantages. Our state-of-the-art training facilities provide a conducive learning environment, and our personalized learning approach ensures that each participant receives the attention and support they need. We offer flexible schedules to accommodate working professionals and provide post-training assistance to help our trainees transition smoothly into their careers.

In conclusion, SAP ERP Essential Training at Prompt Edify is an invaluable investment for professionals seeking to enhance their skills and advance their careers. With a strong foundation in ERP systems, trainees are well-equipped to meet the challenges of today's dynamic business landscape and drive organizational success.

(+91) 99932 86938 contact@promptedify.com www.promptedify.com You can chat with us on WhatsApp Book your spot now Register Now

[triotechsoftwaretrainings]

Who Can Learn Oracle Fusion HCM Cloud?

In today’s rapidly evolving business landscape, organizations are constantly seeking ways to optimize their workforce management processes and drive operational efficiency. Oracle Fusion Human Capital Management (HCM) Cloud is a comprehensive suite of applications that offers a modern, cloud-based solution for managing the entire employee lifecycle, from recruitment to retirement.

At its core, Oracle Fusion HCM Cloud is designed to streamline and automate a wide range of HR processes, including talent acquisition, onboarding, performance management, compensation, benefits administration, and payroll. By consolidating these functions into a single, integrated platform, organizations can achieve greater visibility, consistency, and control over their human capital management strategies.

But who exactly can benefit from learning Oracle Fusion HCM Cloud? The answer is a diverse range of professionals across various industries and roles. Let’s explore some of the key groups that can leverage this powerful cloud solution

Human Resources Professionals: Oracle Fusion HCM Cloud is an indispensable tool for HR professionals at all levels, from entry-level specialists to seasoned executives. By mastering the platform’s capabilities, HR teams can streamline processes, enhance employee experiences, and make more informed decisions. Whether it’s optimizing recruitment strategies, managing performance evaluations, or administering compensation and benefits programs, a deep understanding of Oracle HCM Cloud can empower HR professionals to drive organizational success.

IT Professionals: The successful implementation, deployment, and ongoing maintenance of Oracle Fusion HCM Cloud require the expertise of skilled IT professionals. This includes roles such as IT project managers, technical architects, systems analysts, and administrators. With comprehensive training in Oracle HCM Cloud, these IT professionals can ensure seamless integration with existing systems, manage data security and compliance, and provide ongoing technical support to end-users.

Functional Consultants: As organizations increasingly adopt cloud-based solutions like Oracle Fusion HCM Cloud, the demand for knowledgeable consultants is on the rise. Both independent consultants and those working for Oracle Partners play a crucial role in advising clients on the effective implementation and utilization of the platform. By obtaining Oracle HCM Cloud certifications and developing deep expertise, consultants can position themselves as trusted advisors, providing valuable guidance and support to their clients.

End-Users and Decision Makers: While hands-on, process-based training for end-users is typically handled by the organization itself, there are certain key individuals who can benefit from comprehensive Oracle HCM Cloud training. These include HR decision-makers, power users, and other stakeholders who require a broader understanding of the platform’s capabilities and potential impact on business operations. By investing in Oracle HCM Cloud training, these professionals can make more informed decisions, optimize their use of the platform, and drive organizational excellence.

At Triotech Software Trainings, we recognize the importance of equipping professionals with the skills and knowledge necessary to thrive in the era of cloud-based workforce management solutions. Our experienced instructors, who possess deep expertise in Oracle Fusion HCM Cloud, provide high-quality online training programs tailored to the unique needs of different roles and industries.

By Enrolling in Oracle Fusion HCM Online training, professionals across HR, IT, consulting, and end-user roles can unlock a wealth of opportunities for career growth, operational efficiency, and organizational success. Reach out to Triotech Software Trainings today to learn how mastering Oracle Fusion HCM Cloud can elevate your skillset and empower you to drive transformative change within your organization.

[santhu2222]

A Guide to SAP HCM Online Training in India

In the fast-evolving landscape of human resources management, businesses are constantly seeking efficient solutions to streamline their processes. This is where SAP HCM (Human Capital Management) comes into play, offering a comprehensive suite of tools to manage various HR functions. With the rise of online education, SAP HCM online training in India has emerged as a convenient and effective way to master this essential system.

[sandlerresearch]

Facility Management Market by Offering (Solutions (IWMS, BIM, Facility Operations and Security Management, Facility Property Management) and Services), Deployment Type, Organization Size, Vertical (BFSI, Retail), and Region - Global Forecast to 2025 published on

https://www.sandlerresearch.org/facility-management-market-by-offering-solutions-iwms-bim-facility-operations-and-security-management-facility-property-management-and-services-deployment-type-organization-size-vertical-bf.html

Facility Management Market by Offering (Solutions (IWMS, BIM, Facility Operations and Security Management, Facility Property Management) and Services), Deployment Type, Organization Size, Vertical (BFSI, Retail), and Region - Global Forecast to 2025

“The growth of the facility management market can be attributed to the rise in demand for integrated facility management and intelligent software.

The facility management market size is projected to grow from USD 39.5 billion in 2020 to USD 65.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The major factors driving the growth of the facility management market include increase in demand for cloud-based facility management solutions, rise in demand for integrated facility management and intelligent software, need to comply with economic and regulatory regulations, increase in adoption of Internet of Things (IoT) along with analytics and Artificial Intelligence (AI), and shift in office environments and workplace.

By component, services segment to grow at a higher CAGR during the forecast period

Services are considered an important component of the facility management market, as they majorly focus on improving business processes and optimizing facility operations. Additionally, management industry experts consult clients about the weak links in their facilities and suggest solutions that would suit their business needs. Facility management services help organizations across various verticals effectively improve the performance and agility of their facilities. Sustained cost savings is a crucial aspect for the successful management of facilities. Vendors offering facility management services assess the expense and design of solutions to streamline and improve the efficiency of facilities. The service segment broadly comprises deployment and integration, consulting, auditing and quality assessment, support and maintenance, and SLA management services.

By solution, Integrated Workplace Management System (IWMS) segment to grow at a higher CAGR during the forecast period

IWMS is an integrated solution that supports processes in facility management and real estate management. IWMS provides an extensive range of facility management tools under a single, unified software platform. It increases visibility, control, and automation of enterprise real estate management, capital project, space management, facility maintenance, and energy management requirements. IWMS often has to be integrated with various IT solutions, such as Enterprise Resource Planning (ERP), Human Resources (HR), and Building Management System (BMS), as these systems contain data that is relevant for facility management processes. IWMS helps facility managers connect the external providers to the facility processes, by giving them access to the authorized functions in the IWMS.

By deployment type, On-premises segment to lead the market during the forecast period

The on-premises deployment type refers to the installation of software and solutions in the premises of organization. The organization is responsible for maintaining the solution and all its related processes. The deployment of on-premises facility management solutions requires dedicated infrastructure and servers. Organizations that can afford to manage dedicated servers, usually deploy on-premises solutions. The on-premises deployment type also offers offline data analytics and configuration and provides better control over systems and data. The on-premises deployment of facility management solutions requires dedicated IT staff for the maintenance and support of the high-end IT infrastructure.

North America to lead the market share in 2020

North America is projected to lead the facility management market during the forecast period. The presence of economically and technologically advanced countries such as the US and Canada, the adoption of new and emerging technologies, and strong financial position are some of the major factors that help organizations in North America have a competitive edge over others. The region consists of developed countries with well-established infrastructures, which help generate huge demand for the facility management solutions. Enterprises in the government and public administration vertical are also adopting facility management solutions, and the vertical would provide high opportunities for the growth of the facility management market during the forecast period. Moreover, the growing penetration of cloud platforms has increased the demand for cloud facility management solutions.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the facility management market.

The breakup of the profiles of the primary participants is given below:

By Company Type: Tier 1 �� 30%, Tier 2 – 45%, and Tier 3 – 25%

By Designation: C-level – 35%, Directors – 25%,and Others – 40%

By Region: North America – 40%,Europe– 15%, APAC– 35%,MEA – 5%, Latin America– 5%.

The following key facility management vendors are profiled in the report:

IBM

Oracle

SAP

Trimble

Accruent

MRI Software

Planon

ServiceChannel

Service Works Global

FMX

Causeway Technologies

FM:Systems

Spacewell

iOFFICE

FSI

ARCHIBUS

Archidata

JadeTrack

UpKeep Maintenance Management

Apleona

FacilityONE Technologies

OfficeSpace Software

Facilio

eFACiLiTY

eMaint

Axxerion USA

Research coverage

The market study covers the facility management market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as offering (solution and services), deployment mode (on-premises and cloud), organization size (small and medium-sized enterprises and large enterprises), vertical (banking, financial services, and insurance, IT and telecom, government and public administration, healthcare, education, retail, energy and utilities, manufacturing, construction and real estate, and others), and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to buy the report

The report would help the market leaders/new entrants in the following ways:

It comprehensively segments the facility management market and provides the closest approximations of the revenue numbers for the overall market and its sub segments across different regions.

It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities.

It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market.

[businessliveme]

Benchmark in Islamic finance

Khalid Al Kayed, CEO explains the initiatives that enabled Bank Nizwa record the strongest growth in Oman’s banking sector in 2018

How was Bank Nizwa’s financial performance in FY2018?

Wrapping up a successful 2018, Bank Nizwa has set a goal to become the benchmark in the Islamic finance sector for operational excellence. Focused on enhancing our products and service portfolio, systems and building a stronger human capital, we are taking the step forward towards achieving our 2020 strategy for growth and development.

During 2018, we led the segment’s market share, successfully demonstrating strong resilience and performance across all departments. We recorded the highest growth rate in the Sultanate’s banking industry with RO7.5mn in net profit representing a 98 per cent growth after tax for the period ended December 31, 2018. In addition, our total assets grew by 25 per cent to reach RO873mn compared to RO697mn in 2017, while total customer deposit portfolio reached RO712mn achieving a growth of 35 per cent year-on-year.

Despite the economic challenges in 2018 in general, we have been able to sustain our growth trajectory, not only in numbers but also in quality, experience, strength and integrity. The milestones we achieved to date are just the beginning of a brighter future and will open new avenues of opportunities for us. As we start 2019, I am proud of the foundation we have built as an Islamic bank and a contributor to Oman. I am confident that together with our stakeholders, we will be able to nurture the Islamic banking sector and deliver even greater benefits to the communities we serve.

How was your retail and corporate lending during the year?

Bank Nizwa’s unwavering focus on all aspects of the banking operation and also internally is why we continue to produce results. We have positive results in our earnings, expense management, Islamic finance quality and above all, customer satisfaction. At the heart of our customers’ satisfaction is the trust factor. We pride ourselves for our transparency when it comes to all transactions and processes. We always do our homework first on the market, changes, challenges and prospects. Key aspects poised for change or considered challenging in the marketplace include economic growth, corporate governance, and availability of talent. In addition, technology and keeping pace with it is paramount. We are always working towards delivering sustainable returns to our customers. This is where we come in as Bank Nizwa to provide retail customers with unique banking solutions crafted for them based on their financial requirements.

As for Bank Nizwa’s wholesale banking group, it provides a full suite of Shari’a-compliant products and services to meet the modern banking needs of government institutions, large corporates, project financing and small and medium-sized enterprises (SMEs). We also offer dedicated treasury, investment, international banking and trade finance services making it the business partner-of-choice for small to large enterprises across the Sultanate. The bank also offers a wholesale banking support division, which is a customer-centric function mandated to provide excellent customer service and quick turnaround.

What were the major milestones during the year?

We managed to thrive and take major steps towards consolidating our position as the Sultanate’s “go-to reference” in Shari’a-compliant banking. Our growth was fuelled by strict adherence to the values of Islamic finance to meet the needs of our growing customer base. In addition to offering a comprehensive range of alternative banking products and services, we have also taken steps to introduce innovative and new solutions that cater to the customer of today.

We realise the importance of fostering and nurturing mutually beneficial business relationships with corporates from all sizes, as well as small and medium enterprises. This is a key enabler for Oman’s economy to continue growing. We are playing our part by offering a corporate finance value proposition through the various tools available in our sector to help our customers grow their businesses. We are honoured to be the bank of choice for a diverse portfolio of clients looking to tap into investment opportunities. Therefore, last year saw us invest in products and services specifically tailored for corporate and wholesale clientele. In parallel, our retail and wealth management businesses and have been growing from strength to strength.

Rewarding our performance on all fronts is a longlist of awards including over 25 local, regional and international awards over the years. They include the ‘Strongest Islamic Retail Bank’ in the Sultanate at the Islamic Retail Banking Awards (IRBA) 2018 for the fourth consecutive year, and ‘Islamic Bank of the Year’ by the leading Corporate Livewire Finance Awards, and ‘Excellence in CSR in Islamic Finance’ award at the regional Corporate Social, to name but a few.

Can you talk about the measures to enhance retailing, ATM and CDM networks of the bank?

Bank Nizwa has also been committed to lead the segment’s market share towards new heights, starting with growing our network to reaching 13 branches. We implement a balanced strategy when it comes to brick-and-mortar expansion compared to digital footprint. We believe in the importance of personalised customer service while offering the latest innovative tools available.

Our retail banking division has been continuously working towards redefining the banking experience in the Sultanate by providing customers with innovative products and services that are true to the principles of Islamic finance. The division overseas a wide variety of personal banking solutions in addition to all branches, ATMs, and CCDMs operated by Bank Nizwa to date, it has experienced remarkable year-on-year growth by continuing to provide exceptional, tailored services that meet the needs of each individual customer.

Our expansion strategy has continued full-force throughout the last three six years and today, as a fully-fledge Islamic Banking institution, we hold the largest number of branches across Oman. In regard to ATMs, our MasterCard® ATM/debit cards are issued with a validity of five years and more for the convenience of our customers, the card can be used for cash withdrawal for free only over ATMs through the OmanNet. This same card can be used as a convenient tool for our customers through GCCNet and MasterCard network with access to over 2.5 million ATMs worldwide. In addition, we also offer the MasterCard credit cards, which are accepted at 35.9 million locations worldwide.

What about the measures taken to support SMEs?

Bank Nizwa has been at the forefront of contributing to the economic diversification efforts led by the Omani government by catering to various market segments and introducing specialised banking units and solutions. As a result, the introduction of Bank Nizwa’s SME & Commercial Banking demonstrates the bank’s proactive role in encouraging the expansion of the Sultanate’s entrepreneurial activities. We are always on the lookout to partner with SMEs, understand their financial requirements to help them lead sustainable businesses.

What are the future plans to enhance operational efficiency and technological deployment?

Bank Nizwa believes in the power of innovation as a catalyst for greater convenience and accessibility and have continued to utilise technology to create more seamless experiences for customers. These services have successfully put Islamic banking at their fingertips, allowing them to leverage the bank’s highly efficient products and services to better manage their funds with ease. The bank’s efforts to converge Islamic finance and technology have continued to garner critical acclaim from international institutions.

At Bank Nizwa, we consider all strategic choices to grow our operations and service offerings to meet the requirements of our customers across the Sultanate. The future holds a myriad of opportunities and we are at the heart of it, devising next steps to raise awareness over the benefits of Islamic banking and capturing market share. Our strategy is simple, innovation and technology for a sustainable growth of our operations

What’s are the bank’s priority areas and outlook for 2019?

Building on our success to date, Bank Nizwa’s roadmap for 2019 is centered on delivering an unparalleled customer experience, driving core business efficiency, fostering a high-performing working environment and enhancing our agility to adapt to rising trends. We are also keeping our unwavering commitment to raising awareness over the benefits of adopting Islamic banking and finance by all. We are an Islamic bank at heart, but, our service offerings and products that possess that competitive edge to cater and appeal to all segments whether retail, corporate, wealth, or other. Very simply put, we are a progressive yet deeply rooted in tradition and values bank, but most importantly, we are a bank for all.

What were the major HR initiatives taken by the bank?

We believe that people are the driving force behind any organisation’s success. In line with our strategy, we have invested time and effort to attract the best young Omani talent and implement an effective succession plan to provide a pipeline of future leaders for us and the industry in general. As a result, our talent management system remains a vital component of our long-term growth strategies. In today’s rapidly evolving Islamic finance sector, training and development plays the biggest role in determining our success, which is why we provide comprehensive learning experiences to anyone keen to pursue a career in banking. We are continuously investing in our people by helping them achieve their full potential and career goals. We were founded with the ultimate goal of fostering economic development and social progress, the success of our endeavours is apparent in a 90 per cent Omanisation rate conducted annually by our human resources department which is in line with our vision of developing local talent.

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Mastering Your HR Management: SAP HCM Online Training in India

In the fast-evolving landscape of human resources management, businesses are constantly seeking efficient solutions to streamline their processes. This is where SAP HCM (Human Capital Management) comes into play, offering a comprehensive suite of tools to manage various HR functions. With the rise of online education, SAP HCM online training in India has emerged as a convenient and effective way to master this essential system.

Why Choose SAP HCM Online Training?

SAP HCM encompasses a range of critical HR processes such as payroll, talent management, workforce planning, and employee administration. Mastering these functionalities demands a thorough understanding of the software, and online training brings several advantages to the table.

1.Flexibility: Online training allows you to learn at your own pace, fitting seamlessly into your existing schedule. Whether you're a working professional or a student, you can access the course content when it's most convenient for you.

2. Cost-Effective: Traditional classroom training can be expensive due to travel and accommodation costs. With SAP HCM online training in India, you can save on these expenses while still receiving high-quality education.

3. Comprehensive Curriculum: Reputable online training providers offer comprehensive courses that cover all aspects of SAP HCM. From basic concepts to advanced modules, you can gain a deep understanding of the system.

SAP HCM Online Training in India: What to Expect

India has become a hub for online education, and SAP HCM training is no exception. When enrolling in such a course, here's what you can expect:

1. Expert Trainers: Reputed online training platforms collaborate with industry experts to deliver high-quality instruction. You'll receive guidance from professionals who understand both SAP HCM and the HR domain.

2. Hands-on Experience: Practical exposure is crucial when learning SAP HCM. Look for courses that offer hands-on exercises and simulations to reinforce your understanding.

3. Certification: Many online courses provide certification upon completion, which can significantly enhance your resume and job prospects.

Conclusion

As businesses recognize the importance of effective HR management, proficiency in SAP HCM has become a valuable skill. With the convenience and flexibility of SAP HCM online training in India, aspiring HR professionals, existing HR personnel, and even business owners can acquire the necessary expertise to manage their human capital efficiently. By choosing a reputable online training platform, you can embark on a journey to master SAP HCM, boost your career prospects, and contribute to the success of your organization's HR endeavors.

[santhu2222]

 Mastering Your HR Management: SAP HCM Online Training in India

In the fast-evolving landscape of human resources management, businesses are constantly seeking efficient solutions to streamline their processes. This is where SAP HCM (Human Capital Management) comes into play, offering a comprehensive suite of tools to manage various HR functions. With the rise of online education, SAP HCM online training in India has emerged as a convenient and effective way to master this essential system.

Why Choose SAP HCM Online Training?

SAP HCM encompasses a range of critical HR processes such as payroll, talent management, workforce planning, and employee administration. Mastering these functionalities demands a thorough understanding of the software, and online training brings several advantages to the table.

1.Flexibility: Online training allows you to learn at your own pace, fitting seamlessly into your existing schedule. Whether you're a working professional or a student, you can access the course content when it's most convenient for you.

2. Cost-Effective: Traditional classroom training can be expensive due to travel and accommodation costs. With SAP HCM online training in India, you can save on these expenses while still receiving high-quality education.

3. Comprehensive Curriculum: Reputable online training providers offer comprehensive courses that cover all aspects of SAP HCM. From basic concepts to advanced modules, you can gain a deep understanding of the system.

SAP HCM Online Training in India: What to Expect

India has become a hub for online education, and SAP HCM training is no exception. When enrolling in such a course, here's what you can expect:

1. Expert Trainers: Reputed online training platforms collaborate with industry experts to deliver high-quality instruction. You'll receive guidance from professionals who understand both SAP HCM and the HR domain.

2. Hands-on Experience: Practical exposure is crucial when learning SAP HCM. Look for courses that offer hands-on exercises and simulations to reinforce your understanding.

3. Certification: Many online courses provide certification upon completion, which can significantly enhance your resume and job prospects.

Conclusion

As businesses recognize the importance of effective HR management, proficiency in SAP HCM has become a valuable skill. With the convenience and flexibility of SAP HCM online training in India, aspiring HR professionals, existing HR personnel, and even business owners can acquire the necessary expertise to manage their human capital efficiently. By choosing a reputable online training platform, you can embark on a journey to master SAP HCM, boost your career prospects, and contribute to the success of your organization's HR endeavors.