Business & Finance News

Being a bail bondsman is a viable career path. Here’s some information about what career of being a bondsman entails, including the benefits of following the path and what you need to do to get started, as well as other important general details. What Does a Bail Bondsman Do? A bail bondsman is someone who pledges money as a surety that someone will appear in court in terms of bail. Ideally, a person could put up bail themselves to get themselves out of prison, but this isn’t always something that individuals are able to do. The purpose of an individual posting bail is so that the individual has an incentive to actually come back for a court date instead of trying to run and hide, because if they do run and hide then they forfeit the money they put up for bail. If an individual doesn’t have the money for bail, and if they don’t know anyone else who does either, then they are often out of luck under normal circumstances. And even if an individual has the ability to post bail, ...

The emergence of Low Code BPM, also known as Lean Business Process Management solutions has shaken up the traditional BPM market, dominated by the likes of IBM, Oracle and PegaSystems. A new pioneering group of solution providers has now emerged, spearheaded by JobTraQ, Appian, K2 and others, with a low cost, highly pragmatic solution set containing core functionality for BPM needs. So, what is the core functionality of a Lean BPM solution? Low Cost and Simple to Deploy Lean BPM solutions will typically cost around 20-30% of the cost of a traditional BPM solution. They are able to do this because they restrict core functionality to those features known to be actually used by customers, rather than the full-blown traditional solutions which contain a rich feature set, but which for most enterprise customers, are rarely, if ever used. In addition, they provide automated code which is typically open and/or backed by a robust set of APIs, allowing for full customization to any par...

Are you to planning to bring in some substantial changes in your company in the imminent future? If this is the case, you may want to contemplate the thought of putting in place a sophisticated and expert change management training program, so that you are able to implement the change without coming across considerable hassles.  Organizational change is a process that involves a series of factors including financial assets, time and other enterprise resources. Dealing with all aspects of change can prove to be an overwhelming proposition and ensuring that everything stays right on the track may become rather taxing. This prompts the need of a change management training program that plays a predominant role in paving a smooth tarmac for an organizational change process.  Change Management Training – The Advantage  In order to make sure that change transpires successfully, active support of employees both at managerial and executive level is indeed a prerequi...

Financial services providers have always been considered indifferent to the plight of new business ventures. The structure of the lending services available at most traditional financial institutions is designed to this effect. It enables them to operate without worrying whether the business sector is going to thrive. As long as loans are repaid on time, and obligations to the institutions are met in a timely manner all seems okay. However, this tide of indifference to the needs of new business is changing quite rapidly. Financial institutions have focused on smaller businesses in several ways, the most prominent of which is managed services. Managed services are a situation where the service provider in the finance industry undertakes to provide more than credit facilities. They take over the control of the finances of the business especially as regards the use of credit facilities they have provided. This is usually done in the form of expert advice and information on the use...

The recent economic meltdown that was sparked off by a decade of rogue bank activity due to gospel banking deregulation has caused the legislature to take notice and change their Modus Operandi. They have responded to the economic meltdown by choosing to create the Dodd-Frank Act to restore some semblance of regulation into the economy. This act was mainly targeted at regulating the banking industry in the economy by increasing federal oversight. However, this has not stopped it from affecting the nature of energy trading in the near future and past the foreseeable present. The first notable effect has been the regulation of hedge funds. These are private resources pooled into an investment fund by their owners. It allows private individuals to pool their funds and invest together in whatever business they choose to. These hedge funds were heavily invested in energy trading. They have had their asset base increased to a hundred million dollars threshold, but this has not com...

Energy risk management refers to a specific area of risk management that is focused on the risks that come with dependence on energy for performance of business operations. The ideal scenario, when it comes to energy, is becoming even more difficult for companies to achieve. This is because of increased demand, political instability in oil producing areas, and the gradual diminishing of fossil fuel reserves the world over. For these reasons, companies are being forced to plan for the inevitable situation that sees a disruption in their energy supply. However, energy risk management is not an area that can be taken quite lightly, when looking for expertise to help with handling it. This is because it is a deep domain expertise area. In layman terms, this means that the area needs to be handled by a particularly distinctive type of consultant. The expert sourced to handle this matter needs to be well versed in these matters if they are to be of any value to the company. Their...

The global economic recession of 2008 came as a massive shock to a world that had mislead itself into thinking that progress was the order of the day. The economies of the world took a massive turn for the worse and so did the lives of many. In the aftermath of all of this, many sought someone who should take the blame for all of the wrong that had happened. One of the likely scapegoats in this catastrophe was the sphere of financial consulting services. These are professional firms that have based their entire business model on the notion that they have much greater insight into how the market works. They leverage their purported ability to provide a clear understanding of market forces and trends. They have created such a powerful niche in the world of business that there is no mega-corporation that has not invested heavily in consulting services. The blow back from all of this resulted in pushes for increased regulation of the financial consultancy service providers and industr...