Unlocking Business Value with Salesforce Integration and Implementation Services from YantraInc

  When a proposal to change how we use technology to run the business arrives, most of us either welcome the change because the leadership advocates it, or we question the intent and even renounce it. Various studies conducted by McKinsey, BCG, KPMG, and Bain & Company indicate most digital transformation fails to meet their original objectives, with failure rates ranging from 70% to 95%. Alarmingly high, isn’t it? Mindset is one of the most significant factors disrupting initiatives to change. In my 16 years of helping businesses with their transformation journey, I have come across five major mindset roadblocks that disrupt growth. Lack of right advocacy:  The absence of effective advocacy may have significantly contributed to the failure of many digital transformations progress.  However, it is the responsibility of the stakeholders to be the advocates of the change. The goal to change cannot be just a business decision it needs to be believed in. A business that...

  I am starting with a story from the 90s. Bear with me for not only is it interesting, but it also has a context for our friend, the Chief Digital Officer (CDO). Around 1996 when credit cards exploded into the market amidst the expected initial chaos, the systems were primitive. Merchant-signing banks accepted transactions from all banks, reimbursing themselves by drawing a draft on the issuing banks through the Federal Reserve System. While the merchant banks sent them through the U.S. postal system, the clearing draft was posted to a suspense ledger. And this was merely half of the entire complicated, siloed process! Naturally, the credit scene suffered from many unprocessed transactions and criminal activities. Until Dee Hock, a bank official organizing regional committees to address this created what became the ubiquitous credit card company, Visa™. His approach was simple: a mindset change from passive subject to the deliberate architect of a holistic banking ecosystem, whic...

  In today’s rapidly evolving business landscape, data migration is a critical phase in Enterprise Resource Planning (ERP) implementation projects. The data migration process involves the seamless transfer of data from legacy systems to a new ERP system, ensuring the new system is not only up-to-date but also fully operational. Irrespective of industry, historical data often serves as the lifeblood of an organization, and the efficacy of migration of these records can significantly impact the success of any digital transformation project. To prevent potential roadblocks in data migration to new operation systems, meticulous planning and effective communication are paramount. It plays a crucial role in ensuring that the new system is up-to-date and fully operational, as historical data often underpins strategic planning, forecasting, and critical business decisions. This article delves into the leading practices for the data migration process; offering insights on how to receive, ...

  Taxes – they’re that inevitable part of running a business that can’t be avoided. But have you ever wondered how businesses, especially Small and Medium Enterprises (SMEs), are coping with the digital age in terms of taxes? Explore the unavoidable realm of business taxes, especially for Small and Medium Enterprises (SMEs), in the digital age. Uncover the challenges posed by tax digitization as these businesses navigate this evolving landscape. You might be wondering where we stand today when it comes to tax digitization for businesses. Well, it’s a mixed bag, my friend. Different regions around the world are at various stages of adoption. A recent study found that while 80% of C-suite leaders express interest in investing more in tax technology, only 36% are making substantial investments to advance their tax functions [KPMG]. In Europe, for instance, there has been significant progress, with many countries implementing digital tax systems. Meanwhile, in Latin America, some cou...

  Managed Technology Services With dynamic market conditions, comes the imperative need for continuous process improvements, enhanced efficiencies, and boosting productivity while dealing with the inherent functional complexities. It makes pertinent sense for businesses to opt for Managed Technology Services rather than committing internal resources, especially to better manage the volatile markets and uncertain business environments. Managed Technology Services allows businesses to focus on their core competencies while leveraging the expertise of a specialized IT service provider like Yantra . Our application outsourcing services help our customers realize cost advantages while simultaneously adding strategic value to their businesses. Managed Technology Services Data Science & Analytics Data is the new currency of today’s world. It’s essential for businesses to ensure seamless flow and real-time availability of data across the entire supply chain to drive operational effici...