Streamlining Corporate Investigation with E-discovery process

The result of technological innovation is the electronic form of storage and transfer of  data and information. Though this has helped the organizations store vast amounts of data as compared to the paper format, this also has brought in a set of challenges to the corporate business world.  No organization irrespective of this being a small and medium business enterprise or a large corporate business house,  is  without any legal proceedings and corporate investigation.

 

In case of small and medium business enterprises,  investigating through the files of paper documents may sound difficult but not impossible. However, in a  globalized business environment  with organizations working across geographical boundaries, corporate investigations  across the length and breadth of the globe seems a far cry. Nevertheless, with data being stored in digital format, e-discovery has become the trend in majority of the litigation processes.

 

Electronic discovery process with its cutting edge technology simplifies the document reviewing procedure and reduces the costs incurred in legal disclosures. The review phase involves deciphering the receptive and non-receptive status of the document with relation to the case. Manual reviewing of physical documents may bring in inconsistencies, which even though minor may cost time and money. E-discovery provides the legal professionals with economical  solutions for efficient document reviews.

 

The e-discovery platform provides enterprises with  solutions for attorneys to work through legal disclosure and prepare litigation documents without chaos, cost and inconsistencies and helps solve real world challenges throughout every  step of the e-discovery lifecycle. Leading organizations from various industry sectors have been benefited by deploying in-house e-discovery solutions. These organizations have been able to bring in substantial cost savings and  improve  case outcomes  by streamlining  each phase of the e-discovery process.

 

The enterprise-class top ediscovery solution  addresses every stage from identification, legal hold, review and production, delivering significant cost savings and improved case outcomes. Purpose-built to address the complex, iterative work flows and scalability requirements of corporate investigation, this  enables the legal teams to understand case facts early so as to develop case strategy while intelligently culling  data to reduce irrelevant documents. Thus accelerating  the analysis and review process.

 

Besides, the legal discovery solutions provide enterprises with ways and means to simplify and streamline data collections across all critical enterprise data sources while reducing review volumes by nearly 90% and processing costs by 80%. This helps the professionals get a rapid insight into the keyword for necessary negotiations, increases transparency and defensibility of the e discovery process.

 

Read more on - electronic disclosure, electronic discovery litigation support

 

Need For Translation Software Solution

When it is about professional translations, it is essential to ensure that you are not only translating the words of your website but also the meaning and the purpose of the text in its entirety. Though this process appears to be simple, but it can be complex even for translators who are fluent in multiple languages.


The need for professional translation today is increasing at a faster pace than before. Previously, it was essential for history and literature studies, but with today’s advanced and evolving technology, it is essential for businesses as well. Communication is mostly virtual today making it easier to reach worldwide locations at the same time as it would take a company to go local. Most enterprises are now functioning globally and demand that their websites are available in more than one language, so that it can be well understood by the audience at large. Therefore, most companies today need efficient and effective language translation software solution.


Majority of international MNC’s need to translate their web content to efficiently manage global expansion, but somehow are hindered by the intricacies that are present in their translation process. Enterprises that fail to detect the challenges prior to the translation process end up with continuous translation assignments that lack professional erudition and expertise that ultimately leads to cost overruns.


Keeping these factors in mind leading global translation solution providers have introduced advanced automated language translation software. These companies have their own translation network comprising of thousands of translator’s located worldwide, accommodating assignments of any domain and size. The software also offers bilingual speakers with contextual translations of words, phrases and sentences than a random sentence based translation. This helps to lessen the localization expense by 50 percent and increases the translation speed. Other benefits are:


* Terminology management that helps in messaging accuracy and consistency

* Translation memory helping in content recycling through successive projects

* A project management dashboard and instant reporting that streamlines team coordination


This apart, leading translation software companies offer a collaborative translation platform that facilitates massive amounts of translation in a trusted, quick and cost efficient manner, making use of modern translation software technologies. It simultaneously leads to proper workflow management and community collaboration. Executing your onsite system, is synonymous to having authority over the entire process, translating the content and supervising every step of the translation and cooperating with your community to save time and money.


Communication is the essential skill that every industry needs today.Furthermore,with communication being online today, most companies are investing in professional language translation software for productive results.


Related Links:  automated language translation ,  enterprise translation solution

Returns Processing Made Easy With Comprehensive Returns Management Solutions

In most enterprises, returns can be an unavoidable occurrence as well as a problem. Goods that are returned are often dumped to be sorted out at a convenient time, consequently taking up an entire heap when a physical inventory of the warehouse is carried out. The basic reason for many of the organizations problems is the absence of a explicit set of procedures associated to these activities. Return logistics offer an opportunity for improving visibility and profitability while lowering costs in the supply chain.  Returns management can be made more efficient by minimizing the time and effort.

By understanding the reason for the occurrence of returns, it is possible to recognize the various prospects for enhancing the decision-making and supply chain process. With reverse logistics management, companies can have a fair idea of what is coming back by automating returns across different channels. Although handling returns is not a pleasant task it can be kept under control by establishing some fundamental policies and procedures.

It is therefore essential to make the complete process as smooth as possible, by establishing a solid returns management system to make certain that all returns are sorted out efficiently. To ensure that there is neither wastage nor any shortage it is necessary to adopt an advanced returns management solution, as it is important for an enterprise to know of the best returns management practices to ensure effective returns processing.  And a critical phase in ensuring effective returns processing, is choosing a returns management solution that manages the entire process of returns logistics in an efficient manner.

Ensure that the solution provider is capable enough to get the products back into the testing field in minimal time. It is often highly beneficial to partner with a reputed supply based management solution provider. These solution providers are professional and have the expertise to deal with issues pertaining to advance replacements, customer collections, and swaps. The solution provider can also facilitate the management of returns exceptions, and be able to link financial transactions and offer easy ways and means to aid returns receipts and reporting. With a consistent logistics management system the entire retail distribution can be optimized to reduce costs and leverage efficiency.

With the returns management solutions, retailers can now achieve promising results. Enterprises need to look for solutions that are scalable and web-enabled to ensure best returns management. Advanced and reputed solution providers ensure quick delivery responses, better control of processes and enhanced forecasting capabilities.

Learn more about : supply chain solutions & Supply Chain Management

Choosing The Right Hearing Protection In Extreme Noise Environments

A hearing disability be tremendously trying. Hearing loss caused by occupational noise is one of the principal industrial maladies. Exposure to high noise levels causes hearing loss that may be may be temporary, permanent, or a combination of both. High level noise may initially cause dull hearing with perhaps ringing in the ear as well. With regular exposures, this will lead to loss of hearing as well as health effects.

 

Effects of noise induced hearing


Workers at special risk of hearing damage (industrial deafness) are usually those in heavy productive industry, such as metal work, drilling and quarrying, stone cutting, or the use of noisy machinery, as in textiles, printing, wood cutting, transportation and agriculture. Noise induced hearing loss may result in not being able to hear warning sounds like alarms, supervisors giving directions, etc. One cannot effectively use speech communication in an environment in which the background noise level is too high. Work effects include increased absenteeism and lower productivity. Sometimes, the masking of warning shouts by background noise can be responsible for industrial accidents.

 

Very high levels may cause damage after relatively short periods, even when the noise is intermittent. If you must work in an excessively noisy environment, you should wear protectors. You should also wear them when you are using power tools, noisy yard equipment, or firearms.


Choose the appropriate protection for your ears


Noise induced hearing loss is slow and painless and is permanent. There is no cure but it can be prevented. Earlier workers had to wear double protection to safeguard their hearing that resulted in improper communication and lack of awareness of their surroundings.


A misleading notion about the use of hearing protective devices is that it makes it even harder to communicate. Wearing hearing protectors in high-level noise environments can enhance communication for normal ears because speech-to-noise ratios are kept nearly constant and the protected ear does not alter from overdriving caused by the high speech and noise levels.


With the advanced ear hearing protection that is available in the market these days, workers can communicate, stay protected and maintain their situational awareness in extreme noise environments. The latest electronic ear plugs and electronic ear muffs help to stay protected in extreme noise environments. The latest technology ensures background noise is lowered to a safe level while retaining the natural qualities of the sound so the user retains awareness of their surroundings. These solutions offer rugged design, for use in extreme noise environments.


Also read more on -  ear plug, hearing loss prevention

Key Elements Of Biometrics Services

Simply put, Biometrics also known as biometric authentication, can be defined as a discipline that consists of procedures for recognizing human based or any other intrinsic behavioral features. The biometric trait can be divided into two main types:


* Behavorial – This is linked with the behavior of a person identified with features like typing speed, voice quality, walking gait, sitting posture and much more. Certain scholars and medical researchers also use the term “behaviometrics” to define this category.


* Physiological – This is associated with the shape of the body of an individual. In this case, instances such as fingerprint, face recognition, iris recognition, DNA, hand geometry can be considered.


Leading clinical research organization’s (CRO) in India have their own dedicated team of Biometrics specialists that assist in a number of clinical trials and its various phases. This team is efficient in helping the CRO’s client with their innovative technology and medical know-how to arrive at revolutionary methods, analysis, medical interpretations, study designs and provides help to the overall clinical development program. Furthermore, the expert teams are backed up for their clinical trials and researches with advanced software applications such as Win Online and SAS.


In addition to that, CRO’s also provide a comprehensive range of data management services in the bio-equivalence and other medical Phase 1 studies. The objective here is to convert the raw data into precise, consistent trial outcomes affirming to all the regulatory policies. Efficient clinical development programs that the CRO’s focuses on accelerates the regulatory submission procedure and lessen the timeline through excellent service quality and innovative thinking. Other sections of Biometrics service include the following:


Data Management


* Data Acquisition

* Data Reconciliation

* Discrepancy Management

* Medical Coding (MeDRA & WHODD)

* Database Lock

* Data Extraction for Reporting


Database Programming


* CRF Design (paper & electronic)

* CRF Annotation

* Database Programming

* Validation Checks

* Metadata Repository Management


Biostatistics


* Randomization

* Sample size estimation

* Trial Design Inputs

* Statistical Analysis Plan

* Statistical Analysis

* Biostatistics Subject Matter Expert


Pharmacokinetic & Pharmacodynamic Studies


* Sampling Point Estimation

* Technical Document Review

* PK/PD Query Resolution

* PK/PD Subject Matter Expert

* Pharmacokinetic support across study engagement


PK/PD Reporting


* SDMS Data Extraction

* PK Data Analysis

* PK Summary Reporting


Statistical Reporting


* TLF Programming

* CDISC Data Mapping (SDTM & ADaM)

* Clinical Data Repository

* Pooled Data Analysis & Reporting

* Safety (ADR) Reporting

* Patient Profiles & Data Cleaning Reporting


Biometrics services that are provided by esteemed India CRO’s has the capacity to manage Phase I – IV  clinical trials for domestic and global needs in multiple therapeutic areas. This apart, Biometrics services are also used by several pharmaceutical, device, diagnostic, biotechnology companies and research organizations.


Read Also On:  bio clinical laboratories, Clinical Pharmacokinetic, Bioavailability

Implications And Benefits Of OVDP

Simply put the Overseas Voluntary Disclosure Initiative (OVDI) is an IRS program that provides a scope for taxpayers in America to report their foreign assets, even if they failed before. By following this program one may be able to avert serious  issues like criminal prosecution. A voluntary participation towards the same safeguards both the taxpayer and his family. The fee rate at the present is 27.5 percent of the biggest balance during the 8 year initiative time span. Though it might appear as a huge fine and most people would simply turn the other way, but then the risks become more than the advantages.

The IRS Amnesty has set up a new Overseas Voluntary Disclosure unit that is trained to investigate in U.S./ Foreign banking initiatives and other cross-border transactions. The Government has the authority to levy huge sanctions as per their preference. Hence, it is better to stay updated. The best way out is to check with a tax planning agency and know the consequences of the FBAR Amnesty Program.

How Can A Tax Planning Agency Help With Overseas Voluntary Disclosure

Any efficient tax planning agency that helps in OVDP (Overseas Voluntary Disclosure Program) by offering perceptive insights about the tax code that is applicable to resident individuals in U.S that comprises  US citizens and the Green Card holders. This apart it helps end users with:

 

* Total compliance,

* Consultation and Impact Analysis

* Analysis and Planning to reduce FBAR Penalty

* AMT Strategies, Foreign Tax Credit

* Review of 2009, and 2010 OVDI cases

* Mutual Fund or PFIC computations

* Preparation of forms required to participate in the OVDP program

* Preparation of Tax Amendments and Delinquent FBAR 

* IRS Representation by Enrolled Agents or Affiliated CPAs and Attorneys

Therefore, if you are holding an offshore account that is worth much more than $10,000, then it is essential for you to report in the Internal Revenue Service (IRS). In case you are in U.S citizen or own a long-term residence status then you are required to assert any earnings that you have earned overseas on the annual IRS filing. In the recent past, there has been several individuals who have tried to escape the process by resorting to amend income tax returns that records undisclosed foreign accounts but have then encountered harsh penalties. Hence, rather than taking risks it is way better to remain compliant and obey the overseas voluntary disclosure regulations.

Sales Intelligence for Visibility into Global Market Channels

Technology and the growth of e-commerce have given organizations opportunities to expand their businesses to newer markets. However, the vast use of the internet by the business houses, corporate and the consumers have also opened up avenues for the growth of grey market sales and counterfeit items. The frequent technological evolutions, have paved way for IT sector and the organizations to come up with collaborative proactive solutions to tackle such issues.

 

Online fraud protection solutions helps to  proactively reduce  the impact of counterfeits and grey market sales. Such protective solutions which are generally offered to organizations as software-as-a-service (SaaS) helps to monitor various global sites prone to grey market and counterfeiting and facilitates effective enterprise risk management. However, with the dangers of counterfeiting lurking large over the internet, its effect tends to deeply impact the brand name and sales revenue.  The proactive actions taken by the organizations against such corruptive mechanism should also include sale intelligence that would help the organizations from unauthorized distribution of their products and would safeguard the brand and the sales channels.

 

Sales Intelligence though has been around for a long time, of late it has been recognized as a solution for  preventing internet fraud. However, it needs to be understood that sales intelligence cannot replace the human factor involved.  With the visibility into the marketing and channel management of global markets, sales intelligence facilitates reduction in lost revenues and margins, increases loyalty levels for the distributor channels and provides a potential source for contacts.

 

Enterprises however experience a value-add in sales with sales intelligence. From creating transparency with large amounts of data related to prospects, it has paved the way for improved performance of the sales cycle and targeting segmented populations for greater returns. However, as the customers move online, the businesses follow,   paving way for grey market and counterfeit products affecting the e-commerce sector.

 

Sales intelligence at the enterprise level though not very advanced, works to prevent internet fraud   through factors such as channel intelligence, market intelligence and warranty intelligence. The enterprise channel intelligence provides the enterprise with real-time visibility into the distribution channels across the global open market. This facilitates for monitoring of grey market activities, contract violations and inappropriate discounts. The market intelligence provides an insight into the market trends and competitive price benchmarking and new product launches. The enterprise warranty intelligence, works with the real-time data collected from global markets in relation to the customer service management.

 

Thus Sales intelligence methods pave way for regular  monitoring of the global  market and helps to check on  replacement frauds and illegal contract  sales and also facilitates enterprises to take necessary action to safeguard against equipment license, software abuse or any other form of internet fraud.

Read More On : Brand Protectiongray market

 

Multiple Aspects of OEM Manufacturer

OEM, known as Original Equipment Manufacturers refers to those set of companies that specialize of on products and goods that other organizations sell post repackaging. Previously, you might have considered various resellers who have invested in OEM manufacturing or appliances and setting apart the costly repackaging. OEM appliances are utilized in a number of ways, but the electronics industry uses it extensively.


Benefits of OEM Manufacturing


Companies dealing in OEM manufacturing come up with useful OEM appliances that has the following benefits:


* Results in generating new revenues

* Minimizes support demand

* Provides scalable growth

* Most OEM appliances are free of any hassle

* There is no risk in operation

* The OEM appliance/ device is user friendly and features operational simplicity


In today’s world OEM manufacturing depends heavily on selected solution providers that enable them to manage the manufacturing and supply of embedded computing systems along with other related storage server appliances. Such enterprises contribute to the total success of multiple industries by offering a suite of branded solution for specific application computing devices. Furthermore, these enterprises generally join hands with the following clients and companies, such as:


* Initial stage companies, large companies or small companies that have new product ideas

* Clients that own software product and wants to transform them into a server appliance

* Clients who specialize in computer solutions embedded in their products

* Clients who prefer embedded systems conversion from custom circuit board design to solutions based on the white box, brand name equipment


However, there are enterprises who are aiming to operate as an extension of OEM manufacturing operations. These companies with their knowledge and expertise helps in bringing down the time-to-market and enhances the schedule elasticity and eliminate unnecessary risk and costs. While operating as the manufacturing outsourcing partner, these enterprises also enable their end users to design, source, establish, assist and also help the custom computer systems. Furthermore, there are qualified and skilled engineers that help right from the design phase to the final delivery phase. In addition to that, they also help in planning, execution and post execution stage. Simultaneously, the production model that is executed has complete elasticity and needs negligible to zero runs. However, prior to partnering with an OEM manufacturer it is essential to get a detailed research done on its track record and analyse if the manufacturer would cater to your requirements.


Read More On: oem manufacturers, data center solutions, unified storage solution

Enhance Phishing Awareness with Anti Phishing Software

Today phishing attacks dominate the e-crime landscape. What makes phishing attacks dangerous is that it uses social engineering tactics to get a user divulge his/her sensitive information such as username/password, bank account number, social security number, financial details, credit card details and so on. The phishers use phony emails to trap hapless victims who are made to go to a malicious website where such information can be harvested. Besides email, the phishers use instant messengers, SMSes, and MMSes to deceive people.

Spear phishing, a subset of phishing, is the root cause of security breaches. Unlike phishing, which targets a wide audience to get general information, spear phishing is used to target a few important individuals in an organization like high-level executives who are on hold of highly confidential information, which the spear phishers are after. Spear phishing is an increasingly serious threat as more and more employees are falling prey to it. With a small detail like username/password, spear phishers find out everything about an individual both private and corporate.

Spear phishing attacks have become so refined that they are hard to identify and avoid. Hence, a single phishing attack and a slip from one employee is enough to ruin everything. Loss of sensitive information can have a negative impact on a company's brand and hard earned reputation. It can potentially lead to significant financial losses due to lost customer trust and decline in shareholder value. Hence, it is a serious battle that needs to be won at any cost.

Though there are anti phishing software available that address the "process and technology" aspect of security, there are not enough anti phishing software that effectively address 'people risk'. Spear phishing attacks are successful due to the lack of phishing awareness among the employees and therefore the best way to deal with this problem is to educate the employees about phishing attacks and phishing protection.

Hence, enterprises need to focus on developing an anti-phishing strategy that involves building the first line of defence by increasing an employee's phishing awareness and then implementing an action plan to avoid future pitfalls.

Read More About: protection from phishing

Protect Your Business from Phishing Attacks with the Right Tools

The worrying growth in cyber crime rates and security breaches emphasize the significance of tightening network security to guard organizations from such attacks. Highly sophisticated and targeted security attacks have become the norm, and ‘Phishing’ has become one of the most commonly employed techniques to spread malware.


Phishing has the potential to damage your company’s image and reputation. If the name of an enterprise is somehow connected to a scam, even as its victim, the image and reputation of the enterprise will be jeopardized. Phishing is one sphere of activity where it is best to be adequately protected. As long as there are gullible people around, there will be crooks to take advantage of human vulnerabilities. Supported and backed up by technology, these attacks are mounting by the day. A little awareness will go a long way in combating these cyber criminals.


Sophisticated phishing attacks target unsuspecting employees in order to access highly sensitive internal data. Ideally a tactical phishing attack specifically targets people and processes in an organization. Employee awareness programs and anti-phishing technologies offer only a limited protection against such attacks. In a typical phishing scam, “phishers” send out emails, which appear to come from a legitimate company, in an attempt to scam users into providing private information that will be used for identity theft. The rapid adaptation of mobile devices and wireless networks further intensifies the problem by providing a breeding ground for newer and much more organized forms of cybercrime.


It is therefore necessary for an organization to have an effective risk management and control mechanism against social engineering attacks to be dynamic and keep up with evolving security risks. One of the most important things you can do to avoid phishing attacks is keep your antivirus software up-to-date because most antivirus vendors have signatures that protect against some common technology exploits. With a good anti-phishing solution employees are armed to counter any attacks.


A good solution goes beyond process and technology to address people risks and create a prioritized action plan to alleviate possible threats. These solution providers engineer simulated phishing attacks, as when an employee falls for the simulated attack, it creates a unique “teachable moment”. Employees are immediately presented with training that explains what happened and how to avoid similar attacks in the future.


With the right anti-phishing tool, your business will be well equipped to spot phishing attempts and avoid them. Look for a solution that ensures eliminate all kinds of sophisticated phishing attacks.


Read More About: anti phishing tool, phishing protection, phishing awareness