Connect with us

Big Data

Ovitas i-Link for ELO ECM Suite Implemented at New Hampshire Generator…

Published

on

News Image

NHGI underscores the value that ELO brings to small- and medium-sized businesses

ELO Digital Office USA enabling businesses to improve collaboration and digitalize information management, announced today that New Hampshire Generator Installers (NHGI) implemented i-Link, a web service from ELO Business Partner Ovitas. i-Link synchronizes master data between an ERP system and ELO ECM Suite for enterprise document management. With Ovitas i-Link, NHGI automatically routes documents such as invoices or purchase orders from their ERP system to the ELO document management system. “i-Link is a huge time saver that promotes efficiency, benefitting both employees and customers,” noted Brian Bettencourt, president of NHGI. “Instead of techs requesting customer information from the home office, they now have immediate access to accurate information regardless of where they are working.”

i-Link for ELO ECM Suite Increases ROI in QuickBooks

Integration of the ELO ECM Suite with QuickBooks increases NHGI’s ROI in QuickBooks as well. As customers’ product and maintenance documents are added to the ELO system, those documents are automatically synchronized with QuickBooks for billing and invoicing. “With i-Link, we now have a 360-degree view of a customer’s profile spanning work, product, and billing history along with warranties and maintenance schedules,” continued Bettencourt.

“We developed i-Link exclusively for ELO,” said Tibor Tscheke, CEO of Ovitas, “and its adoption at NHGI underscores the value that ELO brings to small- and medium-sized businesses.” The solution streamlines and automates a number of ERP-related processes such as:

  •     Vendor AP Approval: i-Link pulls master vendor and PO data from the ERP system enabling AP to easily reconcile bills with POs, and route approvals to the right people in the right departments.
  •     Customer Invoice Management: i-Link imports and files invoices as generated by the ERP system and uses the ELO record keeping functions to automatically apply company retention schedule(s).
  •     Quote Management: Creates and revises quotes in ELO. When quotes are approved by customers, a sales workflow pushes data to the ERP system converting the quote to an invoice.
  •     Sales Support: Customer data and invoice information is synchronized enabling non-accounting staff to view pertinent customer data.
  •     eSignature with DocuSign: Integration between i-Link and DocuSign allows users to view and manage existing contracts, create new contracts, and send them to be signed all in ELO.

“It’s exciting to have ELO Business Partners such as Ovitas bring innovative solutions to the market that further enhance the ELO ECM Suite,” noted Szilvia Horvath, president and CEO of ELO Digital Office USA. “These innovations fuel ELO’s continued success but more importantly help ELO customers grow their businesses with easy-to-use document management solutions.”

About ELO Digital Office USA

ELO Digital Office USA provides innovative digital content management solutions for organizations of all sizes and industries throughout the United States. ELOoffice, ELOprofessional, and ELOenterprise give businesses an electronic and secure way to easily capture, archive, and manage business documents and information – both paper-based and digital. A subsidiary of ELO Digital Office GmbH (founded in 1998), ELO USA is headquartered in Boston, MA and is part of a network of global ELO offices throughout Asia, Australia, Europe, and North and South America. Visit ELO USA. Follow us on LinkedIn and Twitter.

About Ovitas

Headquartered in the technology corridor of Route 128 (I-95) in Burlington, Massachusetts, Ovitas is a leading ELO Business Partner specializing in Document Management Systems (DMS), Enterprise Content Management (ECM), and Component Content Management (CCM/DITA) solutions. Ovitas services companies and governmental agencies throughout North and South America as well as Europe. Visit Ovitas. Follow us on LinkedIn and Twitter.

Share article on social media or email:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.prweb.com/releases/ovitas_i_link_for_elo_ecm_suite_implemented_at_new_hampshire_generator_installers/prweb18062095.htm

Big Data

How much Mathematics do you need to know for Machine Learning?

Published

on



Mathematics For Machine Learning | Maths to understand ML Algorithms





















Learn everything about Analytics



PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.analyticsvidhya.com/blog/2021/07/how-much-mathematics-do-you-need-to-know-for-machine-learning/

Continue Reading

Big Data

Nokia lifts full-year forecast as turnaround takes root

Published

on

HELSINKI (Reuters) -Telecom equipment maker Nokia reported a stronger-than-expected second-quarter operating profit on Thursday and raised its full-year outlook as promised, thanks to a turnaround of its business.

The Finnish company’s April-June comparable operating profit rose to 682 million euros ($808.51 million) from 423 million euros a year earlier, beating the 408-million euro mean estimate in a Refinitiv poll of analysts.

Shifting geopolitics and a sharp round of cost cutting have put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins, allowing it to gain ground on Swedish arch-rival Ericsson.

“We have executed faster than planned on our strategy in the first half which provides us with a good foundation for the full year,” Lundmark said in a statement on Thursday, but added that Nokia still expects the 2021 second-half results to be less pronounced.

Nokia said it now expects full-year net sales of 21.7 billion-22.7 billion euros, up from its prior estimate of 20.6 billion-21.8 billion euros, with an operating profit margin of 10-12% instead of the 7% to 10% expected previously.

The company had announced on July 13 that it would raise its outlook, but did not provide any details.

($1 = 0.8435 euros)

(Reporting by Essi Lehto; editing by Terje Solsvik and Sriraj Kaluvila)

Image Credit: Reuters

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://datafloq.com/read/nokia-lifts-full-year-forecast-turnaround-takes-root/16713

Continue Reading

Big Data

Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO

Published

on

By Echo Wang and David French

(Reuters) -Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday.

The company was seeking to capitalize on individual investors’ fascination with cryptocurrencies and stocks such as GameStop Corp, which have seen wild swings after becoming the subject of trading speculation on social media sites such as Reddit. Robinhood’s monthly active users surged from 11.7 million at the end of December to 21.3 million as of the end of June.

The IPO valued Robinhood at $31.8 billion, making it greater as a function of its revenue than many of its traditional rivals such as Charles Schwab Corp, but the offering priced at the bottom of the company’s indicated range.

Some investors stayed on the sidelines, citing concerns over the frothy valuation, the risk of regulators cracking down on Robinhood’s business, and even lingering anger with the company’s imposition of trading curbs when the meme stock trading frenzy flared up at the end of January.

Robinhood said it sold 55 million shares in the IPO at $38 apiece, the low end of its $38 to $42 price range. This makes it one of the most valuable U.S. companies to have gone public year-to-date, amid a red-hot market for new listings.

In an unusual move, Robinhood had said it would reserve between 20% and 35% of its shares for its users.

Robinhood’s platform allows users to make unlimited commission-free trades in stocks, exchange-traded funds, options and cryptocurrencies. Its simple interface made it popular with young investors trading from home during the COVID-19 pandemic.

Robinhood enraged some investors and U.S. lawmakers earlier this year when it restricted trading in some popular stocks following a 10-fold rise in deposit requirements at its clearinghouse. It has been at the center of many regulatory probes.

The company disclosed this week that it has received inquiries from U.S. regulators looking into whether its employees traded shares of GameStop and AMC Entertainment Holdings, Inc before the trading curbs were placed at the end of January.

In June, Robinhood agreed to pay nearly $70 million to settle an investigation by Wall Street’s own regulator, the Financial Industry Regulatory Authority, for “systemic” failures, including systems outages, providing “false or misleading” information, and weak options trading controls.

The brokerage has also been criticized for relying on “payment for order flow” for most of its revenue, under which it receives fees from market makers for routing trades to them and does not charge users for individual trades.

Critics argue the practice, which is used by many other brokers, creates a conflict of interest, on the grounds that it incentivizes brokers to send orders to whoever pays the higher fees. Robinhood contends that it routes trades based on what is cheapest for its users, and that charging a commission would be more expensive. The U.S. Securities and Exchange Commission is examining the practice.

Robinhood was founded in 2013 by Stanford University roommates Vlad Tenev and Baiju Bhatt. They will hold a majority of the voting power after the offering, these filings showed, with Bhatt having around 39% of the voting power of outstanding stock while Tenev will hold about 26.2%.

The company’s shares are scheduled to start trading on Nasdaq on Thursday under the ticker “HOOD”

Goldman Sachs and J.P. Morgan were the lead underwriters in Robinhood’s IPO.

(Reporting by Echo Wang and David French in New York; Editing by Leslie Adler)

Image Credit: Reuters

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://datafloq.com/read/robinhood-gateway-meme-stocks-raises-21-billion-ipo/16712

Continue Reading

Big Data

Israel tells France it is taking NSO spyware allegations seriously

Published

on

PARIS/JERUSALEM (Reuters) -Israel is taking seriously allegations that spyware developed by an Israeli company was used against public figures including French President Emmanuel Macron, Israel’s defence minister told his French counterpart during a visit to Paris on Wednesday.

Israeli defence chief Benny Gantz met French Defence Minister Florence Parly in part to share initial findings from an Israeli government assessment of exports to France by NSO Group, which sells the Pegasus spyware.

A French government spokesman said Parly would “seize the opportunity” to ask Gantz what his government knows about NSO’s activities, which have emerged as a diplomatic liability for Israel.

At Parly’s request, Gantz “commented on the issue of NSO and told her that Israel is taking the allegations seriously”, a statement from his office said.

“Israel grants cyber licences only to nation-states and only to be used for the needs of dealing with terrorism and crime,” the statement said.

An investigation published by 17 media organisations, led by the Paris-based non-profit journalism group Forbidden Stories, said the spyware had been used in attempted and successful hacks of smartphones belonging to journalists, government officials and human rights activists.

Macron’s phone was on a list of potential targets for surveillance by Morocco, which used the Pegasus software, French newspaper Le Monde reported. Macron has called for an investigation.

Israel has set up a senior inter-ministerial team to look into the spyware allegations.

Gantz told Parly that “representatives studying the issue came to NSO today, and that Israel is looking into the issue with the utmost seriousness”.

NSO has said the report about Pegasus was “full of wrong assumptions and uncorroborated theories”. Pegasus is intended for use only by government intelligence and law-enforcement agencies to fight terrorism and crime, the company has said.

NSO says it does not know the specific identities of people against whom clients use Pegasus, but that if it receives complaints it can acquire the target lists and unilaterally shut down the software for any clients found to have abused it.

An Israeli official said the defence ministry would support such actions by NSO if wrongdoing was determined.

(Reporting by Dominique Vidalon in Paris, Dan Williams in Jerusalem and Rami Ayyub in Tel Aviv; Editing by Christian Lowe, Timothy Heritage and Nick Macfie)

Image Credit: Reuters

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://datafloq.com/read/israel-tells-france-taking-nso-spyware-allegations-seriously/16711

Continue Reading
Ecommerce5 days ago

How professional videos can help e-commerce brands attract more customers

Blockchain2 days ago

Everything you should know about Coinbase

Blockchain1 day ago

CryptoHawk Provides Subscribers 2-month Returns of 44.5% on BTC and 22.1% on ETH

Cyber Security1 day ago

What is a Remote Access Code?

Gaming4 days ago

SCCG Management and Data Sports Group Partner to Deliver Sports Content and Analytics to the Media Industry

image001.gif
Startups1 day ago

From Red Gold to Olympic Gold: Seedo Corp. Seeks Solutions for Athletes and More

Gaming3 days ago

How to win the war on betting

Gaming3 days ago

How to master poker

Cleantech1 day ago

Why food production is as dangerous for the planet as fossil fuels

Blockchain1 day ago

Had Enough of Crypto? Here are Some Alternatives!

AR/VR1 day ago

nDreams Appoints ex Codemasters CEO as Non-Executive Chair of the Board

Blockchain1 day ago

GBA Names New United Kingdom Chapter President

Cleantech1 day ago

To sell EVs, are automakers ready to ditch dealerships?

AR/VR1 day ago

Ven VR Adventure Arrives on Oculus Quest Next Week

Cleantech1 day ago

Green bonds are beating all expectations in the post-pandemic recovery

Cleantech1 day ago

You’ve set a bold climate goal, so now what?

Blockchain1 day ago

From Around the Web: 10 Awesome Stories About Bitcoin

Blockchain2 days ago

Unique Network Chosen As Exclusive Blockchain Partner for United Nations Associated NFT Climate Initiative

Cyber Security2 days ago

What is Service Desk?

AR/VR2 days ago

The Walking Dead: Saints & Sinners Aftershocks Confirmed for Late September

Trending