Petty cash refers to the small amounts of cash kept on hand in business. With growing digitization, people are swiping their cards for smaller purchases. This has reduced the use of a petty cash system. However, it’s still essential for any business to make sure all small purchases are properly accounted for as business expenses….
Author: Jeevan Kumar
How Reward & Recognition programs can impact Channel Partners?
A channel incentive program is a way to reward channel partners for the tremendous amount of effort they put in. It is essential that the channel partners believe and understand that company is appreciating their work and taking good care of them.The most successful incentive programs are those that are engaging and are designed to…
5 Tools Every HR Should Use to Enhance Employee Experience
Studies show that disengaged employees cost U.S. companies up to $550 billion a year. In the rapidly changing workplace landscapes, the role of the HR department is more comprehensive than just recruitment. This includes focusing on other aspects of the company such as employee engagement. Healthy and engaged employees, in concert with strong workplace culture, are…
Travel and Expense Management Trends in 2019 – 2020
The TEM (Travel & Expense Management) market today is expanding both in scope and reach. According to the Global Business Travel Association, business travel spending grew globally to $305 billion in 2018 from $292 billion in 2017 – and is projected to grow another 3.1% in 2019. Businesses are exploring technologies to manage, control, and…
How technology can help deliver seamless Employee Benefits: Cashless & Paperless
It may seem counterintuitive, but Indian digital payments major PhonePe is chasing growth by facilitating cash withdrawals. For this, it’s even hitch-hiking on offline retailers. The Walmart-backed platform launched PhonePe ATM service on its app on Feb. 5. The feature allows users to collect physical cash—up to Rs1,000 ($14) a day—from a kirana (mom-and-pop) store and transfer an…
Peer to Peer Recognition Programs make Rewards and Recognition a Natural Process
Peer to peer recognition has always been an important aspect of any professional workplace. Social acknowledgement is basic need according to Maslow’s hierarchy of needs. The company culture plays a major role is retaining the employees and continuously motivates them to feel truly wanted. Peer to Peer recognition programs aims to provide acknowledgement, appreciation, satisfaction, self-worth, achievement…
Why is Employee Recognition so important?
Employee recognition plays a very important role in today’s competitive Human Resource market to attract and retain employees. HR departments have started to use advanced tools & techniques to attract top talent and persuade to take their job offer. Employee recognition programs are very crucial for effective functioning of the organisation: Gallup’s poll also found out…
Why is Expense Management Software a good automation tool for companies in India?
Did you know that the inability to track company expenditures, has become one of the major issues resulting in companies losing a hefty amount of money each year? There is a huge gap between what companies think they spend on business expenses and what they actually spend. This gap is essentially because of inefficient processes….
Celebrate the brightest festival of the year with Zaggle Gifts Cards
Diwali is the biggest, brightest and the most wonderful festival celebrated all over India. No matter what your journey has been over the year, the magic of Diwali is to make everyone feel new and lovely every year. Diwali inspires everyone to spread the feelings of love and happiness by giving sweets & gifts. Now…