Petty Cash On Cloud – Version 1.1

Petty Cash remains an area of company finance that receives a small amount for running their daily expenses and therefore receives minimal attention, due to this it makes petty cash a high potential risk. An improperly managed petty cash could make the workplace susceptible to fraud and compliance breaches. Therefore, a system in place could help the business proactively manage risk and keep track of its small finances for daily business operations.

One of the major advantages about using petty cash system is the option to not count or touch physical money to know it’s balance availability at any time or even avoid the usage of cash counting machines. Petty cash can be released based on the balance availability in the system which at the end of the day should reconcile with your physical money present inside counter. Whenever cash is released in the system, balances are automatically updated on real time and the transaction is recorded against the user whoever has released cash along with the receiver’s name and department. This helps you keep track and maintain record for future management reporting and company audits. Also, when cash balances run low, system gives you the option to top up petty cash balances against each department in your organization so you can continue to disperse money based on the daily needs.

 Petty cash management security access control is in place so that only authorized users are given privilege for maintaining cash register, dispersing cash and uploading cash balances. This cloud-based management approach allows any number of petty cash accounts to be centrally managed and tracked on real time.

Your Work Matters

One should always be known by his/her work towards the society, workplace or at home. The value you add should always be assessed with your work and not by the number of followers . How people will remember you is with your work, because your work stays forever and your followers might stay or leave. Possibly your work will be the right direction to achieve your followers. When people start to know you by your work, here comes the demand that you have created for yourself and your business. Your work is the proven track record for your success criteria and this track will bring you leads that generates more work to achieve your ultimate goal. In today’s world with the enhancement of technology, it has become quite easy to achieve quite a number of followers which may not be real people or may be real names in the form of bots. You could also generate your desired number of followers by associating yourself with lead generating companies by paying a small premium, but that stays there with the irrelevance of whoever you maybe. The person who you are can only be judged by your work and this remains the ultimate official stamp to your success.

Growth Strategy

The simple formula for your growth is the growth of others. It’s only when you make others grow there starts your success story. The well being of others is key importance for your company or individuals growth strategy. To celebrate other people’s achievement is the sincere way to stand out in public. It’s quite natural to thing that every time when your friend or partner succeed you tend to die a little, but that’s ok to feel when jealousy is part of human nature. This simple formula to appreciate other’s growth, that when you will be remembered while they tried to think about the people who appreciated them when they grow. The likelihood of increasing your own success is very sure in this way. Staying in focus and being ahead of the game should be the efforts to be invested within ourselves to make sure we are part of this growth strategy.

Customizing Technology

This is one of the most successful business strategies to make people or business happy also proven to be best methodology to expect returning customers. If people can’t customize what they use at work then here comes the problem of using that technology. Top products in the markets are made not just to serve it’s ultimate goal but also because they should be flexible to adapt to customers needs through customization. When you and your products are flexible, here starts your success story of building a brand. Customer’s psychology is to feel ownership of whatever they invest into and feeling of ‘mine’ vs ‘ours’ . Once the ‘mine’ factor is felt in your product this will indirectly drive sales and increase their loyalty towards your products or service. The other trend what has been noticed that people tend to pay higher for anything that has the feasibility to change and which is designed for themselves. Let’s drive the change to customize and bring in the ‘mine’ factor so that tech is what we drive rather to be driven.

Data Cleansing

The real data that needs to be presented needs to be managed and formatted to the desired shape and size to make meaningful information for data that goes to be presented. Data cleansing is one of major task before you prepare your data sheets for financial analysis or summary reports about your project or data audit. Data cleansing has changed to be a major transformational job for data analysis. During this transformation you basically decide the category or type of data whether it may be a text or number. Some of the major benefits of Data Cleansing.

  • It removes major errors and inconsistencies that are inevitable when multiple sources of data are being pulled into one dataset.
  • Using tools to clean up data will make everyone on your team more efficient as you’ll be able to quickly get what you need from the data available to you.
  • Fewer errors means happier customers and fewer frustrated employees.
  • It allows you to map different data functions, and better understand what your data is intended to do, and learn where it is coming from.

Truth About Data

The importance of facts and how real are your facts will only determine the integrity of information you hold responsible is true or not. Any information that is changed from it’s original source is not considered anymore true because you never know to what extend has this piece of data changed or how much it has changed compared from it’s original source. Once you have decided to modify data to meet your criteria that’s when you have start to actually manipulate data.

Keeping Data in it’s original format or the way it was been created will be the best practice to keep up your information integrity. We almost try to change the data from the way it’s been created only because to meet your needs but at the same time we should also practice to put back the information in it’s original place or format so that the people who try to discover information will know the facts about data and it’s origin. In Data discovery integrity of information is the epitome of fact discovery else it is just a new version with a new owner. Today a lot of time is invested for data mining but it is also important that we mine information from it’s original source.

Bring Life To Data

Data staying at it’s source or data which is at rest has no meaning or it’s of no use to anyone if you haven’t extracted data out and breathe life into. Once you have presented your data that’s only when you will realize it’s true value or will ever know it’s worth of information. It’s always important to know how much data you own and also be aware how critical is your information based on your data slicing, you could plan ahead with your work or business only when you have completely understood data in a meaningful manner. The importance of data science in today’s world will help you realize the data you own today is how much critical.

The only way to find out your data’s worth or know it’s details, is when you will need to bring data to life. Bringing data to life is all about presenting data in a meaningful manner and helping the people who created data be aware how much income has been generated or lost by scaling through the different elements of data in a very user friendly way and this will help you find the purpose of your Data. Planning ahead for your work or business is very crucial and to follow a strategy, you will need to understand first your Data. Understand data through www.learnmystuff.com where we care a lot about Data.

New Learning About Data

The importance of learning has changed or transformed to a new level and you haven’t learned enough unless you have known how much valuable is your data that you possessed to this date. Learn to discover data in a new way with learnmystuff.com and I am sure your journey to data discovery will get just excited. So let’s buckle up and let’s get our learning about data to a new level by joining here www.learnmystuff.com .

Power Up Data

Learn to create the most interactive reports and dashboards with the most powerful tools in Business Intelligence reporting where you can learn to present your data and valuable information in meaning full with decision making insights. Data analysis can help to better understand your customers, products or services and help you choose to make timely decisions. Once you have understood your audience well then comes the need to market them in a timely fashion so that you can actually reap the benefits for time spend on marketing your services. Having a central location for all your data makes life easy for all your service team and you to be on the same page.

Signup here https://learnmystuff.com/contact/ to get learning with Tableau or Power BI the powerful tools in Data Engineering and Data Science.

Learn with a Teacher

Learning is a need and teaching is a skill well mastered and you will never know what you learned until you had a teacher. There are many ways of learning these days whether it may be online or in-person. At the end of the day you gain knowledge either by reading what you intended to learn or someone sharing their personal experience and subject knowledge to you in person for that subject you thought about learning. I totally believe in the fact that learning should always be an experience and not just knowledge download and that experience happens in the presence of a teacher and that’s simply why teacher’s are so important in today’s world because everyone can learn easily today new things on their choice of interest, but do you care to know whether what you learn is the right thing. This is the gap in the learning curve and let us try to keep it simple with the presence of a teacher.

There was one of my students who came to me and said that he completed his graduation in certain specialized subject because he was committed to do so but never knew what was it’s applicability, now here comes the reality check. This is the time we should pause to think and analyze whether we learned for a purpose or did we learn to serve the cause. Learning is good but keep in check to learn it from the right source and this source should not be information from the internet rather words from the mouth of a teacher. With the presence of advanced technology in the modern era, getting information from the internet has become convenient and also gone to the extend of taking a first place to find the right information but how much it is true comes to the fact only when you validate what you see with a real person or a teacher. Therefore dumping information on the internet has become very easy but the reality or the facts about what you read to learn can only be made sense with a Teacher and it is the teacher that still holds the integrity of information.

Today when anyone of us falls ill the first place we consult our problems is with the internet and later you feel your problems aren’t getting anywhere only then comes the real doctor, so the trust of a doctor has taken a second place against the computer and also probably would be too late before you realize the solution. The same goes with learning things from the internet where information is available in abundance but the integrity of it is what matters in the presence of a teacher. Teachers hold themselves responsible for information and can guide you take the right information from the ocean of data called the Internet.

Episode 3- What is Cloud

What is Cloud Learnmystuff

Everything you need to know about Cloud and Cloud Computing
  1. What is Cloud
  2. Career Advice
  3. My First Podcast