Tag Archives: technology

3 Ways Nonprofits Can Work Smarter, Not Harder

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Nonprofits often compete for funding through private and government funds. As a result, they are often trying to do more with less. Sometimes, though, efficiency is lost for the sake of expense, which can end up having the opposite effect. Here are three things nonprofits can do to gain potential efficiency and save money down the road. 

1. Invest in Technology

Technology and hardware are considered expensive investments, but these are often offset by the added efficiency gains. One example is accufund nonprofit accounting software and another is a good customer relationship management tool. SaaS solutions offer cloud-based options that streamline processes and create ease of use for employees. 

2. Engage in Strategic Planning

Smaller nonprofits, especially those in ministry, can sometimes have passionate hearts but lack business acumen. Starting off your nonprofit or your fiscal year with a solid strategic plan lays the groundwork for the year(s) ahead. The process sets vision, attaches goals to the vision and assigns ownership to parties, which then forms the basis for ongoing meetings and check-ins throughout the year. Set the focus right from the start and ensure you and your team are all headed toward a shared goal.

3. Enlist the Right Board Members

Nonprofits live or die, as do many businesses, as a result of their leadership. The type of board, and the members comprising the board, is vital to the health of the organization overall. Do not cut corners on board member recruitment or development. Identify the any gaps you have in skillset or leadership style and be intentional about filling the gap with the right person. The ideal person will have the skills you seek and share your passion for the cause.

Nonprofit work does not have to be antiquated and inefficient. Working smarter, not harder, may require some upfront cost and time, but it can yield greater returns on the investment. Technology investments, strategic planning, and board development are all important factors in nonprofit success. 

Understanding the Management of ChargeMaster

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When you are running a business, revenue management is one of the most critical aspects that must be performed efficiently. You want to make sure you are meeting your profit targets and that customers are being charged appropriately. There are a lot of moving parts with every transaction, and it can be challenging to keep up with everything at times. With this said, technology assists business owners in the revenue management department, and this is especially true for hospitals. Hospitals are responsible for so many different types of procedures, check-ups, and emergencies. Since these are usually chaotic environments, anything that can assist with the mundane work of revenue management is of great assistance. Most hospitals, nowadays are equipped with chargemaster management to make this process much more comfortable than it was before. One can only imagine how difficult managing this aspect of a hospital was before the advent of the internet.

Why Chargemaster?

For those familiar with the practice of accounting, you understand the importance of having an easily identifiable chart of accounts. Each transaction within the business is journalized accurately based on a designated account title and filed away. When tax seasons come around, taxes are easy to complete because everything is outlined already. However, hospital revenue management is much more complicated than the average business. A typical company only sells a handful of different products, and this chart of accounts can be created in one day. With a hospital, there are so many kinds of medical equipment, medicine, and other tools that need to be assigned to patient bills. Fortunately, chargemaster allows physicians to easily bill patients based on information that is inputted into these systems. Since hospitals are not allowed to overbill patients, it is essential to use automated systems at this time. While mistakes can still happen, chargemaster reduces them significantly.

A Short Story About Pipes and Fittings

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Did you know that back in the day, pipes and connectors were handmade? Before the Industrial Revolution led to mass production, pretty much everything was handmade. Naturally, this resulted in pipes and fittings that weren’t held to one standard.

The Birth of Standardized Pipe Measurements

However, mass production of pipes and related hardware brought about positive changes. Based on the need to know how much product could flow through pipes, standard measurements were based on the inside diameter. Of course, knowing whether pipes could be connected was also essential, so an outside diameter measurement standard was also necessary. Additionally, piping workers were interested in the thickness of the pipe walls. Along the way, common fittings were labeled according to the standardized pipes they would fit.

Modern Confusion and Questions

But wait?! Why are there so many issues regarding modern pipes? For a clear answer, consider aerospace fittings? Today, buying pipes and their appropriate fittings is much more complicated than matching a ½” pipe to a ½” fitting. Modern purchases require knowledge of categories of pipe, piping materials, purposes of the pipes, and more.

More Progress Brings New Considerations

Consider the importance of aerospace fittings. You may not give much thought to the pipes and fittings running throughout an airplane when you’re traveling to a much-awaited vacation. If the connections between those pipes weren’t secure, you’d quickly realize the consequences. Modern technology and many advancements have led to many categories of standards.

Materials, Purposes, Contents …

The purchase of pipes and related hardware does require a lot of specific knowledge, not just about the connections, but also about the materials running through the pipes, the forces and environment that pipes are exposed to, and how well piping materials can withstand those exposures. It can be frustrating to study copper tubing size (CTS) one day and to learn iron pipe size (IPS) the next, but each specialized measurement standard is the result of progress.

The next time you’re tempted to curse the differences between CTS and IPS standards, and you can’t find your fittings chart, remember how far the piping industry has come. Who knows what the next fifty years will bring?

The Use Of Cryptobank As The Newest Digital Banking In The Future

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Increased demand for digital transactions encourages each bank to be integrated with digital payment services. For a payment to be easily made, it is advisable to make a payment with an account number from the same bank. When payment is made through a different bank, it will undoubtedly add transaction fee for cash. Users will inevitably have to follow the rules that apply so that transactions can be resolved.

Digital payments are increasing in number over time, of course, means that users of online platform increasingly. Complaints of high transaction payment costs arise as a volume of transactions made. Any complaint uttered by the users was finally able to encourage developers to build a digital bank for secure trade at a low cost.

Crypterium is an online banking platform that provides services like conventional banks in digital form. The team has spent five years analyzing and researching for a digital storage platform. The platform is planned to be built with the application of blockchain technology so that the system can be decentralized. The use of blockchain technology is one of the most appropriate ways to create a decentralized platform for the development of useful services in the future.

Crypterium was founded by a team of professionals who have experience in the innovative digital payment system in FinTech. It is expected that crypterium can be a digital banking solution that can provide the best service to the whole world community in making the digital transaction. The use of Cryptobank encourages cashless transactions so that future digital payment transactions will earn a high percentage. The application of previous financial revolution technology has also been applied in several platforms such as Samsung Pay and Apple Pay.

Crypterium will maximize the utilization of previously established contactless concepts to minimize the use of traditional payment cards in fiat currencies. Cryptocracy in Ctyptobank will apply the issue of the smartphone so that the devices that are owned by everyone can be used with the maximum without having to buy a new machine. Smartphone recognition is a useful step in developing a convenience in transactions. Users no longer have to carry payment cards wherever they go. Only with applications that have been installed on smartphones, then anyone can make payment anywhere.

Cryptobank development in the Cryptocurrency Era will complement the digitalization revolution as digital payments will be easier to do. Cryptobank offers a service that is easier, faster, safer, and cheaper. The decentralized system implemented by Cryptobank will be one of the hallmarks in the development of financial services in the Cryptoeconomy era. The development of the Crypterium platform as an innovation in digital banking will be an enormous and unlimited opportunity.

The development plan from Cryptobank will come to the point where all cryptocurrencies can be integrated with an accurate exchange value in Cryptobank. Not only that, but integration will also be done with fiat currency so that users can quickly make transactions anywhere because the currency value can be exchanged with all currencies both crypto and fiat. Ha will be developed as a small step to apply the cashless concept as a form of appreciation to the users in the ease of making payments. Often the development, the type of service in Crpytobank will also continue to be improved so that everyone can use one application to perform all transactions.

 

The Mobile Cryptobank To Support Contactless Payment

Cryptobank will be the first platform as a digital bank that can raise the role of conventional banks. Everyone can participate in digital transactions, deposits, and exchange of funds with a digital bank. The costs incurred also tend to be less when compared with traditional banks. Implementation of Cryptobank will be more comfortable because the application can be downloaded and installed on the smartphone. After downloading App Banking, Crypterium transaction has started can be done. You can also begin to leave your debit card because the app supports payouts for everyday activities.

Every customer who has installed an app can make transactions by paying the leading cryptocurrency as a balance. Usable Cryptocurrency standards such as BTC and ETH. Users can also purchase an ER20 standard token to fulfill the service on all POS terminals that have been installed. Near Field Communication (NFC) has also been implemented in the Crypterium Mobile Banking App so that it will support the convenience of transactions wherever you are.

Each payment POS will perform a connection reading of the NFC Host Card Emulation (HCE) protocol as a virtual data sorter in the Crypterium app. That allows the use of Cryptobank applications to be used to make payments in Crypto and fiat currency to every store and retailer. You do not have to worry about currency exchange because the money will be automatically converted depending on the currency ordered in the virtual payment. The capabilities possessed by Crypterium will be expanded by cash withdrawals at ATMs with fiat currency.

The exchange rate applied in Cryptobank may differ depending on the sale value of each currency currently in effect. So the exchange can be accurately done only with the smartphone owned by each user. The need for payment can be made with the proper use of crypto and exchange terms in the order of predetermined ratios. This convenience strongly supports every user to make payment transactions at the global level without worrying about the conversion of individual currencies that apply in a place or country because it has been done automatically by Cryptobank.

Crypterium has set up applications that can be applied to Windows phones, iOS, and Android to ensure the ease of use of everyday financial services. The method of Cryptobank allows each user to exchange and transfer funds using certain cryptocurrencies currencies such as BTC and ETH. Other services provided also relate to transactions in the field of infrastructure at outlet and trading with using international payment systems such as MasterCard and VISA.

The usefulness of Cryptobank may also be used for transactions relating to trade infrastructure and services that have been connected to the Crypterium network or have become partners of Crypterium. Wallet wall charging can also be done or can even be done through a bank account. Besides, in Cryptobank transfers can be done without any restrictions such as bank accounts that include bank cards with some limiting rules to avoid money laundering. Every Cryptobank user can also get some special offers that can be obtained through a store that belongs to Crypterium partners. As the Ease of the payment transaction, Crypterium has website to give maximum information to all users. You can visit these links to get further information:

The Use Of Crypterium Token (CRPT) In Decentralized Digital Banking Platform

The main point of any transaction done inside the Crypterium platform is the CRPT token. No service is acceptable to the user if not using CRPT as an exchange value. Each service provided will be governed by smart contracts agreed by the token holder and platform. To get CRPT tokens, you can contribute to ICO in pre-sales. In enlarging the Userbase for the fulfillment of all future user expectations, Crypterium will implement a token list on the Cryptocurrency exchange so that a comprehensive service will be achieved.

One of the most fundamental rules in the Crypterium platform is that only CRPT token holders can transact and get service from Cryptobank. Ownership of CRPT tokens can be used as fuel reserves for future transaction processing. Cryptobank has implemented transparent transactions for its users. The use of intelligent technology also encourages automated algorithms to achieve the optimal level of operations performed at all times. Any deal with banking that has been integrated with Crypterium can be done quickly and safely.

The proper use of algorithms in Cryptobank ensures that each user obtains the correct conversion value for each exchange transaction with fiat currency and crypto. The transaction fee applied can also be reduced up to 0.5% only. Crypterium has committed to transparency of all operations conducted within the ecosystem. Users can directly use the payment of transactions made through the Crypterium wallet. The use of CRPT tokens also makes it easier for customers with the integration of the NFC terminals on smartphones, so the transaction costs are minimal.

Decentralized concepts can also be applied using blockchain technology. With blockchain technology can minimize the transaction costs required to make payments. Every transaction history can also be accessed easily via Crypterium Cryptobank Mobile App application. Service development continues to provide the best for platform participants. For you to keep up with the latest technological developments from a digital bank, you can join Crypterim’s social media account as follows.

Cryptobanking is the most appropriate solution for creating digital banking. The revolution of the banking world is needed to follow the progress of online transactions whose use continues to increase. Cryptobank in the future is expected to become a platform that has diesel integration worldwide to facilitate every user in the digital transaction payment. The contactless concept also provides additional value in the application of Cryptobank so that transactions can be resolved quickly. If you are interested in contributing, immediately join ICO because tokens will only be available for purchase during ICO only.

Source: https://www.shoppica2.com/the-use-of-cryptobank-as-the-newest-digital-banking-in-the-future.html