Implementing new business technologies should yield positive outcomes and enhanced value, yet they often fail, incurring significant financial losses. According to McKinsey, business technology project failure rates stand at 69 percent, a figure echoed by the Boston Consulting Group at 70 percent, while the Global Mainframe Modernization Business Barometer Report escalates it to 75 percent.
This dilemma between risk aversion and performance improvement is particularly pronounced in payroll. Ronél Swart, Heads up Professional Services at PaySpace—a payroll and HR platform, often encounters organizations grappling with this quandary: These projects typically flounder due to common pitfalls: inadequate planning, misunderstanding requirements, inaccurate data, lack of stakeholder involvement, insufficient communication, and change management.To evade the pitfalls of expensive business technology project failures, Swart and her PaySpace team have overseen the deployment of modern payroll platforms across various entities, spanning small enterprises to multinational corporations.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Women in Business: Q&A with Jessica Hawkey - IT News Africa | Business Technology, Telecoms and Startup NewsIn this exclusive Q&A, we delve into the insights and experiences of Jessica Hawkey, the Managing Director of redAcademy.
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »
Bridging the Gap Between Applications and Data - IT News Africa | Business Technology, Telecoms and Startup NewsIn today’s dynamic business landscape, where data reigns supreme and agility is a game-changer, the convergence of applications and data has emerged as a fundamental force propelling organizations toward success. The quest to unlock the true potential of data-driven insights and streamline operations has given rise to a paradigm shift: simplifying platform integrations. The power […]
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »
Contactless Payments Now Supported by Nedbank & Synthesis - IT News Africa | Business Technology, Telecoms and Startup NewsSouth African bank, Nedbank has partnered with Advanced Consulting Partner Synthesis to develop a software-based point-of-sale (POS) system.
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »
Microsoft Research Shows: Sporting Events are a Major Target for Cyber Attacks - IT News Africa | Business Technology, Telecoms and Startup NewsMicrosoft’s latest Cyber Signals report highlights threats to large venues, and sporting and entertainment events, based on its learnings...
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »
Digital Ad Tech: Aleph Introduces Aleph Payments for Seamless Global Transactions - IT News Africa | Business Technology, Telecoms and Startup NewsAleph unveils Aleph Payments: Simplifying cross-border payments and credit underwriting starting with the digital ad tech ecosystem
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »
Allmed Healthcare Professionals Unveils Innovative New Pay Slip App - IT News Africa | Business Technology, Telecoms and Startup NewsAllmed Healthcare Professionals, a prominent healthcare agency, has introduced its innovative Pay Slip App.
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »