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Streamlining Operations: The Impact of Invoice Management Software on Business Efficiency 

Cherry Work

Businesses may face difficulties due to inefficient invoice management, which can result in payments being delayed, disputes with suppliers and penalties. The advent of invoice Processing Automation software has enabled the automation of invoice processing on a large scale, resulting in significant cost savings for organizations.

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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. A recent study says the average benchmark is $4,700. If the cost is over $6,000, it makes sense to review your strategy. Second, tally up all expenses.

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Building your own web application platform is locking you in

CIO

Organizations have been transitioning away from legacy, monolithic platforms as these decades-old IT systems bog down management, flexibility, and agility with their tightly entangled components. Platform development includes design, coding, testing, securing, and deploying. No platform is a fire-and-forget type of affair.

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IT Budgeting: Tips and Best Practices for IT Professionals

Kaseya

What Is IT Budgeting? IT budgeting is the process of allocating money to be spent on an organization’s IT systems and services. It includes budgeting for all technologies and projects across all departments within the organization. Why Is IT Budgeting Important? How Often Should IT Budgeting Take Place?

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IDC: Pace of enterprise applications sales will increase next year

CIO

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Software sales grew 9.8% of a market worth $306 billion, the study said.

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Data observability startup Metaplane lands investment from YC, others

TechCrunch

(Nearly 10% of businesses now have more than 200 apps to manage, according to a recent Okta study.) In a large-scale survey of IT decision makers published last September, 75% of the respondents said they expected to increase their observability spend in 2022 “significantly” to better plan, deploy and run software.

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Reinforcement Learning for Budget Constrained Recommendations

Netflix Tech

by Ehtsham Elahi with James McInerney , Nathan Kallus , Dario Garcia Garcia and Justin Basilico Introduction This writeup is about using reinforcement learning to construct an optimal list of recommendations when the user has a finite time budget to make a decision from the list of recommendations.

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