Business Graphs – Infographics | Graphs.net https://graphs.net No. 1 Destination to showcase your Infographics. Wed, 25 Apr 2018 06:56:33 +0000 en-US hourly 1 Most Common and Most Unusual Leave Types Companies are Using https://graphs.net/common-unusual-leave-types-companies-using.html https://graphs.net/common-unusual-leave-types-companies-using.html#respond Thu, 15 Mar 2018 15:42:29 +0000 https://graphs.net/?p=97717 Leave time tracking procedure varies in different companies. Some prefer simple time-off tracking systems, some create many leave types and keep track of leave balances. The requirements depend on the company’s internal procedure, national or regional regulations, etc. We conducted a research among actiPLANS users on how companies track absence of their employees. The results […]

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Leave time tracking procedure varies in different companies. Some prefer simple time-off tracking systems, some create many leave types and keep track of leave balances. The requirements depend on the company’s internal procedure, national or regional regulations, etc.

We conducted a research among actiPLANS users on how companies track absence of their employees. The results give an insight into what tools are used, what leaves are taken, and how the overall amount of time off is calculated.

According to our research, most companies (90%) track leaves in timesheets where they record working time. The remaining 10% use special leave management software to keep track of employees’ absences.

83% of companies keep track of the paid time-off balance. Paid time-off is an overall bank of days or hours off that an employee can use. Companies can configure various leave types to affect the balance, depending on legal requirements and company’s procedures.

Among the leaves that influence the overall balance, sick days and vacation are the most frequently used ones. However, there are other types, some of which are specific to the company or for the region where it is located.

In most companies, leave balances to consist of three types: sick days, vacation, and time off. Parental leave is also one of frequently used type. Among other leaves, time off in lieu and compensational leaves, personal days, and studies are recorded.

Regional differences in leave tracking trends are also remarkable, sometimes within the same company. Companies with offices around the world have different leave options for their employees in different countries. This is how public holidays in different local offices are sometimes tracked: special leave types are created for national public holidays.

Leave Time Tracking Trends Infographic

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How Poor Time Tracking Affects Your Business https://graphs.net/poor-time-tracking-affects-on-business.html https://graphs.net/poor-time-tracking-affects-on-business.html#respond Thu, 15 Mar 2018 15:32:41 +0000 https://graphs.net/?p=97712 We all know why thorough time tracking is crucial for successful management: the more accurate your data is, the more informed your decisions are. But what if the data is not as precise as you expect? Of course, keeping track of hours spent on various projects helps analyze productivity, calculate billable amounts, and plan your […]

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We all know why thorough time tracking is crucial for successful management: the more accurate your data is, the more informed your decisions are. But what if the data is not as precise as you expect? Of course, keeping track of hours spent on various projects helps analyze productivity, calculate billable amounts, and plan your work ahead.

However, it all only makes sense when you track work time expenses including all routine procedures, such as reading and answering emails, attending meetings, or discussing current working issues with colleagues. Otherwise, working hours are just being lost– and it turns out to be expensive.

In consulting, law, design, accounting, outsource development and other professional services, timesheets are often directly used to bill customers. Even if a company has fixed prices for its services, time-track data is of great value for assessing project profitability.

That is why failing to track hours spent on routine tasks means losing revenue. To understand the relevance of these concerns, we have conducted a study among actiTIME users, and its results are quite surprising.

According to our research, 62% of employees don’t track time spent on emails or track it rarely. In their conversations with friends and colleagues, they may complain that it took them half an hour to compose a reassuring answer to a dissatisfied customer – but there is no trace of that fact in their timesheet.

And it is not surprising: people hate routine and prefer ignoring it. Some consider emails a typical office distraction that is not even worth logging. But what does it mean for businesses? Experts say that these “hidden” time expenses sometimes may cost billions to companies. Sounds like an exaggeration, but let’s look at the figures to understand the scale of the problem.

In professional services sector where clients are mostly billed on the basis of timesheets filled out by a contractor’s employees, 13 hours a week are spent on emails on average. Our study shows that 36.4% never record time spent on emails. 25.5% say that they rarely track time spent on reading and answering emails – and this means that 1.5 days a week are not tracked at all, which is 31% of their entire working time.

Things are better with meetings: 60% always track time spent in them. However, still, there are 9.1% who never track time spent on meetings and another 9.1% who track it rarely.

Greater variance is observed in tracking time for communication with colleagues – and still, there’s a considerable percentage of people who don’t log these time expenses at all. Even regular employees spend hours discussing their professional issues with colleagues, and for project managers, this figure comes up to 90% of the entire working time. 18.2% never track it and 23.6% only track it rarely. 10% of those who never track work time spent on communication with colleagues are managers.

Obviously, you cannot call 30% or 40% a negligible loss. But this is what actual figures look like when you don’t keep track of hours spent on routine tasks.

Another big problem is the frequency of timesheet entry. It is common knowledge that the accuracy of information depends on the amount of time that has elapsed since you learned it. This works for time tracking too. The later an employee logs their time, the less accurate is the timesheet, and our study reveals that around 50% of employees record their time days and weeks after they actually spent hours on a task.

Bad Time Tracking Habits Infographic

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How to Go Paperless https://graphs.net/how-to-go-paperless.html https://graphs.net/how-to-go-paperless.html#respond Tue, 13 Mar 2018 11:01:43 +0000 https://graphs.net/?p=97687 Going paperless is a trendy topic nowadays! The term “Paperless Office” was first introduced in 1975 in a Business Week article. Some research showed that huge savings can be made through going paperless. People do not need to be drowning in paper and worried about losing files anymore. Nowadays, going paperless refers to reducing the […]

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Going paperless is a trendy topic nowadays! The term “Paperless Office” was first introduced in 1975 in a Business Week article. Some research showed that huge savings can be made through going paperless.

People do not need to be drowning in paper and worried about losing files anymore. Nowadays, going paperless refers to reducing the use of paper to the minimum. How is that achieved? It can be achieved by converting all physical documents, contracts and photos into digital format.

There are many advantages of going paperless like saving time and money, better productivity, improve security, and safer archiving. However, you need to invest in a cloud system, PDF software, and scanner, which are all one-time payments.

The more companies go paperless, the more trees are saved. From the very moment we go paperless, we reduce our company’s carbon footprint and protect our global environment-friendly.

How to Go Paperless Infographic

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What is a Cryptocurrency https://graphs.net/what-is-a-cryptocurrency.html https://graphs.net/what-is-a-cryptocurrency.html#respond Thu, 08 Mar 2018 15:30:43 +0000 https://graphs.net/?p=97675 Get the insight on the crypto revolution with Capital.com. Find out what a cryptocurrency is and how it works, all about crypto wallets and how to use crypto, its advantages and risks, ways to trade it and more. Capital.com is a CFD trading platform, giving you the opportunity to get into trading crypto with contracts […]

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Get the insight on the crypto revolution with Capital.com. Find out what a cryptocurrency is and how it works, all about crypto wallets and how to use crypto, its advantages and risks, ways to trade it and more.

Capital.com is a CFD trading platform, giving you the opportunity to get into trading crypto with contracts for difference.

The below infographic by Capital.com gives you the definition of cryptocurrency, how it works, how to use crypto, advantages and risks of cryptocurrency.

What is a Cryptocurrency infographic

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Microsoft Industry Analysis https://graphs.net/microsoft-industry-analysis.html https://graphs.net/microsoft-industry-analysis.html#respond Fri, 16 Feb 2018 10:18:43 +0000 https://graphs.net/?p=97578 Microsoft is an innovation pioneer concentrated on helping individuals and organizations all through the world understand their maximum capacity. We make aninnovation that changes the way individuals work, play, and convey over an extensive variety of registering gadgets. Microsoft Partnership is an American multinational innovation organization that creates and offers an extensive variety of customer […]

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Microsoft is an innovation pioneer concentrated on helping individuals and organizations all through the world understand their maximum capacity. We make aninnovation that changes the way individuals work, play, and convey over an extensive variety of registering gadgets.

Microsoft Partnership is an American multinational innovation organization that creates and offers an extensive variety of customer and endeavor programming, equipment, and administrations, and other purchaser gadgets. Established by Bill Entryways and Paul Allen in Albuquerque, New Mexico, in 1975, the organization has been situated in Redmond, Washington, since 1986.

One of the world’s biggest and best innovation organizations, Microsoft’s worldwide income has expanded generally reliably since its origination, with the figure remaining at 90 billion U.S. dollars in the 2017 budgetary year.

The organization’s prosperity has converted into individual riches for those firmly engaged with its development. Typically, both Bill Entryways and Paul Allen have both amassed vast fortunes on the quality of Microsoft’s development.

Microsoft has produced the lion’s share of its income from the business authorizing of its product and different working frameworks, albeit current business revealing records its biggest section as ‘More Individualized computing’.

Microsoft Windows keeps on overwhelming the PC working framework market and Microsoft’s gaming supports likewise keep on performing great, with the Xbox One gaming console offering around 6 million units in 2016.

Microsoft Business Division (“MBD”) creates and advertises programming and online administrations intended to build individual, group, and association efficiency.

Microsoft Industry Analysis

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What Is Revenue Lifecycle Management? https://graphs.net/revenue-lifecycle-management.html https://graphs.net/revenue-lifecycle-management.html#respond Fri, 16 Feb 2018 05:08:17 +0000 https://graphs.net/?p=97572 B2B organizations that give careful consideration to revenue lifecycle management (RLM) will probably be viewed as market pioneers and to encounter income development, as per another examination. Organizations confront expanding difficulties to stay aware of changing client desires and worldwide rivalry as they drive for development. Hampered by independent applications, manual procedures, spreadsheets,and unique databases […]

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B2B organizations that give careful consideration to revenue lifecycle management (RLM) will probably be viewed as market pioneers and to encounter income development, as per another examination.

Organizations confront expanding difficulties to stay aware of changing client desires and worldwide rivalry as they drive for development. Hampered by independent applications, manual procedures, spreadsheets,and unique databases spread crosswise over various parts of the organization, these organizations battle to redo their business.

Boost incomes, drive development and diminish chance by changing the income lifecycle from wasteful, incoherent operations into a vital end-to-end process.

Driving best line income development and productivity while guaranteeing contract and valuing consistence is troublesome when looked with wasteful and disconnected revenue lifecycle and prompt money procedures, for example, estimating, citing, and contracting.

Without a vital, end-to-end process, organizations regularly experience the ill affects of poor deals profitability, low consumer loyalty, cost and edge disintegration, income spillage, and consistence issues.

Revenue lifecycle administration is a prescriptive, foundational way to deal with augmenting income all through the lifetime of the client relationship, as indicated by the “Acing Income Lifecycle Management: Client Engagement Leads to Competitive Advantage” report from Forbes Bits of knowledge and Administration Source.

The investigation surveyed of 334 C-suite administrators and senior supervisors all inclusive.

What Is Revenue Lifecycle Management

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The Various Types of Medical Gloves https://graphs.net/various-types-medical-gloves.html https://graphs.net/various-types-medical-gloves.html#respond Wed, 07 Feb 2018 04:50:49 +0000 https://graphs.net/?p=97495 Medical gloves are expendable gloves utilized amid therapeutic examinations and methodology to help avoid cross-pollution amongst guardians and patients. Restorative gloves are made of various polymers including latex, nitrile elastic, polyvinyl chloride and neoprene; they come unpowered or powdered with cornstarch to grease up the gloves, making them less demanding to put on the hands. […]

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Medical gloves are expendable gloves utilized amid therapeutic examinations and methodology to help avoid cross-pollution amongst guardians and patients.

Restorative gloves are made of various polymers including latex, nitrile elastic, polyvinyl chloride and neoprene; they come unpowered or powdered with cornstarch to grease up the gloves, making them less demanding to put on the hands.

There are two principle sorts of therapeutic gloves: examination and surgical. Surgical gloves have more exact measuring with a superior exactness and affectability and are made to a higher standard. Examination gloves are accessible as either sterile or non-sterile, while surgical gloves are by and large sterile.

  • Examination gloves are typically utilized by medical attendants, doctors,and general human services work force to secure them against sullying amid a normal patient care methodology or an examination. For better accuracy and affectability, specialists and working room staff need to wear surgical gloves.
  • The powder is utilized to grease up gloves so they can be less demanding to put staring you in the face; cornstarch is utilized because of its non-disturbing fixings. The powder can hinder the recuperating procedure on the off chance that it gets into tissue which is the motivation behind why medicinal services experts like to utilize non powdered gloves.
  • Nitrile exam gloves offer additional quality with a delicate touch and are suggested for use in territories, for example, ER and injury units. These gloves are likewise magnificent when managing cruel chemicals or fluid drenching.

The Various Types of Medical Gloves

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American Express (AXP) Industry Analysis https://graphs.net/american-express-industry-analysis.html https://graphs.net/american-express-industry-analysis.html#respond Tue, 06 Feb 2018 07:50:06 +0000 https://graphs.net/?p=97492 The American Express Company, otherwise called Amex, is an American multinational budgetary administrations company headquartered in Three World Financial Center in New York City. The organization was established in 1850 and is one of the 30 parts of the Dow Jones. The organization is best known for its Mastercard, charge card, and explorer’s cheque organizations. […]

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The American Express Company, otherwise called Amex, is an American multinational budgetary administrations company headquartered in Three World Financial Center in New York City.

The organization was established in 1850 and is one of the 30 parts of the Dow Jones. The organization is best known for its Mastercard, charge card, and explorer’s cheque organizations.

In 2016, credit cards utilizing the American Express system represented 22.9% of the aggregate dollar volume of charge card exchanges in the US. As of December 31, 2016, the organization had 109.9 million cards in compelling, incorporating 47.5 million cards in thedrive in the Assembled States, each with a normal yearly spending of $17,216.

The organization’s logo, embraced in 1958, is a fighter or centurion whose picture shows up on the organization’s voyager’s checks, charge cards,and credit cards.

American Express wound up plainly one of the imposing business models that President Theodore Roosevelt had the Interstate Commerce Commission (ICC) explore amid his organization.

American Express is best known for its famous Green, Gold, and Platinum charge cards. In 1958, American Express issued its first charge card, which required installment toward the finish of consistently.

In 1966, the organization issued its first gold card, with an end goal to take into account the more elite class of business travel. Its platinum card appeared in 1984.

American Express (AXP) Industry Analysis

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Parts and Components of Oil Drilling Rigs https://graphs.net/parts-components-oil-drilling-rigs.html https://graphs.net/parts-components-oil-drilling-rigs.html#respond Fri, 02 Feb 2018 09:58:41 +0000 https://graphs.net/?p=97449 A drilling rig is a machine that makes openings in the earth sub-surface. Drilling rig can be monstrous structures lodging gear used to bore water wells, oil wells, or flammable gas extraction wells, or they can be sufficiently little to be moved physically by one individual and such are called twist drills. Drilling rigs can […]

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A drilling rig is a machine that makes openings in the earth sub-surface. Drilling rig can be monstrous structures lodging gear used to bore water wells, oil wells, or flammable gas extraction wells, or they can be sufficiently little to be moved physically by one individual and such are called twist drills.

Drilling rigs can test sub-surface mineral stores, test shake, soil and groundwater physical properties, and furthermore can be utilized to introduce sub-surface creations, for example, underground utilities, instrumentation, passages or wells.

Drilling rigs can be versatile hardware mounted on trucks, tracks or trailers, or perpetual land or marine-based structures, (for example, oil stages, usually called ‘seaward oil rigs).

The expression “fix” thusly by and large alludes to the mind boggling gear that is utilized to enter the surface of the World’s outside layer.

Little to medium-sized drilling rigs is portable, for example, those utilized as a part of mineral investigation boring, impact opening, and water wells and ecological examinations.

Bigger rigs are equipped for boring through a great many meters of the World’s outside, utilizing vast “mud pumps” to circle penetrating mud through the boring apparatus and up the packaging annulus, for cooling and evacuating the “cuttings” while a well is bored.

The hardware related to an apparatus is to some degree subject to the kind of rigs however ordinarily incorporates at any rate a portion of the things unmistakably appears in the infographic.

Parts and Components of Oil Drilling Rigs

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E-Commerce Today – A Brief Overview https://graphs.net/e-commerce-today-brief-overview.html https://graphs.net/e-commerce-today-brief-overview.html#respond Thu, 01 Feb 2018 12:45:42 +0000 https://graphs.net/?p=97419 E-commerce is an exchange of purchasing or offering on the web. Electronic trade draws on advancements, for example, versatile business, electronic assets exchange, store network administration, Web showcasing, online exchange handling, electronic information trade (EDI), stock administration frameworks, and mechanized information gathering frameworks. Present day electronic trade ordinarily utilizes the Internet for no less than […]

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E-commerce is an exchange of purchasing or offering on the web. Electronic trade draws on advancements, for example, versatile business, electronic assets exchange, store network administration, Web showcasing, online exchange handling, electronic information trade (EDI), stock administration frameworks, and mechanized information gathering frameworks.

Present day electronic trade ordinarily utilizes the Internet for no less than one a player in the exchange’s life cycle despite the fact that it might likewise utilize different advancements, for example, email.

Ordinary web based business exchanges incorporate the buy of online books, (for example, Amazon) and music buys (music download as computerized dissemination, for example, iTunes Store), and to a less degree, tweaked/customized online alcohol store stock administrations.

There are three zones of web based business: internet retailing, electric markets, and online sell-offs. Online business is upheld by electronic business.

Web based business organizations may likewise utilize a few or the greater part of the followings:

  • Online shopping sites for retail deals direct to customers
  • Providing or partaking in online commercial centers, which process outsider business-to-shopper or buyer to-purchaser deals
  • Business-to-business purchasing and offering
  • Gathering and utilizing statistic information through web contacts and web-based social networking
  • Business-to-business (B2B) electronic information exchange
  • Marketing to imminent and built up clients by email or fax (for instance, with bulletins)
  • Engaging in pretail for propelling new items and services

E-Commerce Today - A Brief Overview

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