Making the paperless office a reality with document management systems

The paperless office or paperless office software is not a new business objective, the advertising slogan which suggested that after the advent of computers in the offices role would be unnecessary, was born in 1975, the year in which Business Week first coined this phrase in an article in which futuristic vision embodied in the office.
Unfortunately this goal has not yet been achieved, although some experience of large companies allowed to be optimistic.

It is why the adaptation of a policy to the paperless office must be born with the premise that the most important change is in the minds of its employees, and not in their information systems.
In fact, the technologies allow information management ever closer to the idea of the paperless office. And this advance in document management technology the new factor that allows IT departments to achieve success and meet the challenge of implementing a paperless office.
After years of development, document management systems have finally managed to cover the entire life cycle of the document in the company, from management or ingestion of input documents to the system, to the record management or management of historical records and all intermediate processes, covering all complex business flows requires an organization today.

Input Management:
Historically one of the weaknesses of the corporate document management has been the source of documentation. Often the process of approaching a paperless office failed by the mere fact that it was very powerful document management system selected, the documents were originally generated in digital format and no- cost time / money for digitization consistent information was a barrier (sometimes insurmountable ) to achieve the complete elimination of paper in business processes.
Today intake systems, documentation or allow the introduction of management input from various sources Fax, mail , papers, manuscripts, etc. mass scanners . Documentation in various formats that is automatically recognized , stored , cataloged and redirected to systems management business logic ( usually a Document Management System ), removing in the process the critical information required.

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Protecode Announces Streamlined Open Source License Management Solution for Small Technology Organi

OTTAWA, CANADA – September 10, 2013 – Protecode, a leading provider of open source software license management solutions, today launched its newest solution offering, Protecode Compact, a stand-alone, single-seat management solution for managing open source licenses and other code attributes.

Protecode Compact combines all of the innovative features of Protecode’s flagship solution, Protecode System 4TM, in a small, simple to download, one-click installation on Windows platforms.

With Protecode Compact, small organizations or departments within larger organizations can scan their code and generate a software bill of materials that lists all open source and other third party software in their portfolio. Protecode Compact reports on security vulnerabilities, encryption content, license compatibilities and license obligations.

-Open source software allows our team to deliver feature-rich quality solutions quickly, but we need to ensure that we use third party software responsibly and manage its obligations. Protecode Compact, with its deep-scanning capability and unlimited-analysis commercial model, allows us to make code attributes management part of our product life cycle. We are very impressed with the existing capabilities and have fully integrated the use of Protecode Compact in our product release cycles,- said Paulo Marques, CTO, FeedZai, a software company specializing in real-time fraud detection.

-We are aware of the demand from small technology organizations that require the same accuracy, completeness and usability as larger enterprises, but do not need the multi-user, multi site scalability of multi-site corporations,- said Normand Glaude, COO, Protecode. -Protecode Compact ensures that small organizations or individual departments can gain access to state-of-the-art scanning and license management solutions within their software development and delivery process.-

Protecode compact is offered under an annual license with no restrictions on volume of software that is scanned. Protecode’s acclaimed -all-in- business model also applies to Protecode Compact. The license fee includes installation, setup, training, support and all updates/upgrades throughout the license period.

Protecode is hosting a live, online product demonstration of Protecode Compact on September 25th, 2013 at 9am EDT and 2pm EDT. Register here.

About Protecode Protecode provides products and services for managing open source software licenses. Protecode solutions enable accurate and fast code scanning in real-time and on-demand, delivering policy-based reports on obligations and security vulnerabilities in code portfolios. Built for ease-of-use, integration and minimal intrusion into existing development processes, Protecode products have been deployed in hundreds of organizations worldwide, from few developers to multinational organizations with more than 100,000 employees. Protecode is headquartered in Ottawa, Canada with partners worldwide. For more information, visit www.protecode.com.

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Management Buyout

A management buyout (MBO) is a form of acquisition where a company’s existing managers acquire a large part or all of the company.

Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company, and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most basic warranties to the management, on the basis that the management knows more about the company than the sellers do and therefore the sellers should not have to warrant the state of the company.

Management buy outs are usually brought about because an owner wishes to retire or because a parent company wants to sell a particular part of its business which it no longer sees as central to its future plans.

Selling to the existing managers is often considered a good way of securing the future of the operation and that of its staff because the existing management teams are a known quantity and the current owner trusts them to look after the business.
The existing management teams often have clear strategies of how to grow the company and to make significant personal wealth as part of the process.
The good news is that MBOs have a relatively high success rate as the management team is familiar with the business and can deal with any issues quickly.
Although simple in concept, there is a lot of value at stake in an MBO process, and all of the parties want to maximize their share of the value. Most of the other parties are experts at MBOs and will also employ their own advisers to look after their interests.
A successful management buy out (MBO) needs a combination of factors in place to ensure its success:

1. The team of managers needs to have a spread of skills and talents. It needs someone who understands the ins and outs of a balance sheet (a financial manager or qualified accountant). It needs someone with vision to see what the business could become, given time and investment.
2. The business must be viable. It does not necessarily have to be profitable but it does have to be capable of achieving profit. Often, MBOs take place because managers feel they could do a better job than the existing management.
3. The existing owner of the business must be willing to sell. If he or she won’t sell, there’s no way of taking it over unless the financial backers and shareholders in the business give their approval.
4. At the end of the whole process, an MBO has to achieve a realistic price for the business. If the existing owners are selling because they want to retire, they’ll hold out for the best possible price. So too will most owners except those who are desperate to get some cash in. But bankers and other financial supporters will not pay just any price the agreed valuation has to reflect the potential of the business.

Important areas of property management

The operation, control, oversight and monitoring of anyone’s property is known as real property management.Real property includes land and buildings, and anything affixed to the land.Management of personal property, equipment, tooling and physical capital assets also comes under property management.

Real estate property management is very responsible work.A full time caretaker can manage your property in well manner.

The important areas in real property management are 1. Owner of the property: The property owner appoints real estate property management to manage his property. Owner looks on files and records, which are submitted by property manager. 2. Property manager: Property manager work is to maintain the property, keep it occupied with tenants, collect rents, budget improvements and maintain records in a well manner. He plays a key role in maximizing return on the investment of property. 3.Occupancy and Tenant: Tenant’s needs are very important in real property management. Property manager see that all the needs and requests of the tenants are fulfilled. In real property management, property manager monitor the tenants activities, continuously estimate the nature of tenants and collect rent in a timely manner. 4. Financial and Marketing: Property manager plays key role in financial and marketing sector. The understanding of budgeting and operating expenses is very important in real estate property management. In order to maximize occupancy and rental rates, property manager will recommend marketing programs, special promotions and other advertising strategies to the owner. Property manager have to submit regular financial reporting to the owners. It is very important for the property manager to understand income taxes, financial statements, budgeting, profit and loss. 5. Risk management & Administration: In some situations, property manager have to answer to owners and tenants. Government have some jurisdiction over real estate property management activities. In administration sector, files and records are the function of real property management. The activities of property management and tenant’s interaction are recorded and maintained.

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