How to Implement Workflow Automation Software With Your Business

Automation

Every little bit counts in a tiny firm. Your company may suffer a significant loss as a result of time wastage. You start laying off people to save money as your business expands. However, firing staff may leave your business with fewer resources and halt its expansion.

However, there is an alternative to eliminating your personnel from your company and decreasing the likelihood of business expansion. You can complete some of your work with Workflow Automation Software.

All of your work will be completed swiftly with the aid of workflow automation software, which will boost the benefits to your company while also reducing the cost of labour. Here are some of the advantages of using workflow automation software in a small firm, along with instructions on putting it into practice.

 

What Do You Mean By Workflow Automation?

Manual labour is more expensive, less dependable, and prone to mistakes. Workflow automation, however, will allow for faster and more accurate completion of tasks. It entails using procedures and established business principles without an employee’s involvement, enabling the speedy and correct completion of tasks.

They are created specifically to drive growth and streamline corporate operations. Your companies are at a lower risk of failure or have few hazards. The workflow automation program reduces the amount of work that requires paper.

 

What Do Tools For Workflow Automation Do?

You can delegate your job with the use of workflow automation software. It will assist you in setting up tasks by business requirements. Workflow automation solutions create necessary business documents, assign tasks, digitally sign documents, store data, and send it between various systems.

Workflow automation software requires that every workflow aspect be planned, created, and organized to duplicate or enhance the current process.

After the participants provide their approval, the stable version is finished. The software handles the task connections and organization. 

 

Workflow Automation Examples

You can assist your workers in focusing on work that is more important by employing a workflow automation system. Within your company, the following instances of workflow automation are given.

 

Workflow Software For Marketing Tasks

You can use workflow software to automate the following marketing tasks:

Establishing marketing emails, authorizing new advertising strategies, organizing posts on social media, and screening prospects for the sales staff.

 

Sales Procedures

You can also manage the following sales procedures: screening potential leads, arranging appointments, sending quotations or offers, and creating monthly sales.

 

IT Departments

With the aid of a workflow automation platform, IT departments can automate the following processes:

Setting up identities for new hires, Managing internal service requests, Testing new devices and systems.

 

Accounting Procedures

You can automate the following accounting procedures:

Handling sales invoices, processing client bills, creating financial information, and paying employee expenditures are just a few of the tasks involved.

 

HR Processes

Workflow automation software can automate the following HR processes:

Processing payments, handling time-off applications, keeping track of customer records, assessing job forms, and integrating new workers are just a few of the responsibilities of an employer.

 

How to Put a Workflow Automation Software Into Practice

Workflow automation can be intimidating to begin with. However, it may provide wide-ranging advantages for your entire company. To form, adhere to these guidelines.

 

Determine Your Objectives

Workflow automation will take time in its implementation. You need to determine our objectives first. Ad determining your objectives will take time. Examples include accelerating production, shortening turnaround time, and enhancing operational effectiveness. Once your goals are clear, you’ll be able to convince leadership to support workflow software.

 

Choose An Operational Process

You should pick a manual method to an automated one. It will frequently repeat this very same set of steps.

You can automate the following procedures as examples:

  • Hiring new employees
  • Authorizations of expenses
  • Compliance with sales order
  • Market agreements
  • Demand for trip

There are thousands of activities in your organization that could be automated.

 

Ensure a Security Strategy

You need to establish security standards for your company. You have to imply all the security standards essential for your company. Always select the partners whom you can fully trust. Before selecting candidates for your investment, always choose the one you can trust that will secure your financial information. You can safely implement your workflow automation software with a good security architecture.

 

Choosing the Correct Software 

There are over a million software for workflow automation, but choosing the right one is more important than selecting a famous one. You should pick the one that will fulfill your company’s requirements. The software should have the best performance, interoperability, and exciting features. 

Choose the one that has specialized business process automation software. If you like more than one software for your company, test the one best suited for your company.

The following are the main qualities to consider when selecting workflow automation software:

  • Visual rule creator
  • Drag-and-drop shape designing
  • No-code workflow developer
  • Alerts and prompts
  • Built-in touchscreen compatibility
  • KPI-based analytics
  • Connection with other programs
  • Clouds and on-premise solutions

 

Collect Data

Consult those involved in the campaign you chose for their opinions. What jobs take the longest to finish? Do they usually encounter any problems?

Have staff members walk you through a procedure from beginning to end. This will assist you in locating problem areas and addressing any bottlenecks. 

 

Check Your Workflow

Workflow automation software will help you to customize each phase of your workflow. You can also use different rules of your choice in your workflow automation.

After making a workflow, you can also test a workflow of how they appear on your mobile phones. Before implementing your workflow throughout the company, test it thoroughly. Obtain feedback and adjust your workflow as necessary.

 

Prepare Your Group

All parties must eventually agree to deploy a workflow automation system. But it can be tough to bring people along Because progress has not always been simple.

Effective ways to increase training courses, explain the advantages of automated procedures, and include your staff at every stage. When you alter your workflows, always continue to keep your course manuals.

 

Conclusion

With the help of workflow automation software, you can automate several tasks. Your staff can use their time more effectively if they aren’t entangled in menial activities.

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Coca-Cola is the Strongest Brand in the US, With a Brand Strength of 93.3

Fizzy Drink

Coca-Cola is America’s strongest brand. That’s according to a TradingPlatforms.com analysis. The world-class company has a Brand Strength Index (BSI) score of 93.3 out of 100. 

Moreover, Coca-Cola has a corresponding elite AAA+ rating. The BSI score ranking is based on its Brand Loyalty and Recommendation Forecast data reflecting consumer perceptions, preferences, and intentions – both online and offline.

 

Coca-Cola’s strong approval

TradingPlatforms’ financial expert Edith Reads says, “Coca-Cola’s brand strength is undeniable. Largely due to the prominence of its core drink in the consumer’s mind, as well as more recent innovations such as new flavors and lower sugar variants.”

She adds, “This BSI score is a measure of consumer loyalty, which is only achieved through an outstanding level of brand awareness and strong consumer approval ratings.”

 

Coca-Cola launches new Zero Sugar Zero Caffeine drink

In a time of rising health consciousness, the company has focused on providing low-nutrition and alternative products like Coke Zero to meet consumers’ needs. The company recently announced the launch of Coca-Cola Zero Sugar Zero Caffeine, a take on the Coca-Cola Zero Sugar taste. This new variant will be available across 2L PET bottles and multipack 330ml cans.

At the same time, it has made strategic decisions to leverage e-commerce to ensure brand availability in an era of interrupted supply chains. Coca-Cola’s digital strategy has also boosted its sales apart from its solid product strategy that saw them successfully navigate to the top.

 

Coca-Cola targets online engagement

During the 2021 pandemic, Coca-Cola launched a campaign to celebrate life and shared experiences – ‘Together Tastes Better’ – to promote the home consumption of Coca-Cola products. 

 

Coca-cola’s strong online presence

From the onset, Coca-Cola’s online ordering and delivery were fraught with security concerns and restricted usage due to quarantines at that time. So the company also launched the myCoke mobile application, enabling online orders delivered directly from your fridge!

The company has built a strong presence across digital and social platforms using its flagship brands to encourage online engagement and community actions.

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LGBTQ+ Activists Awarded Grants from Hornitos Tequila to Amplify Advocacy Work

Hands holding up small rainbow flags in the daylight

Earlier this year Hornitos Tequila proudly announced its official partnership with GLAAD – the world’s largest lesbian, gay, bisexual, transgender and queer (LGBTQ) media advocacy organization – with the goal of identifying, honoring and celebrating LGBTQ community members who are spearheading change on a local and national level. As a brand that was founded on the belief that nothing great ever happens without taking a chance, Hornitos is proud to announce the inaugural selected grant recipients who have challenged the status quo for the better.

 

About the Grantees

 

DaShawn Usher and Julian J. Walker of Mobilizing Our Brothers Initiative (MOBI)

DaShawn Usher, Founder and Executive Director of MOBI, is a native New Yorker and an award-winning advocate, published researcher, and celebrated leader within the LGBT community and HIV prevention field. He has cultivated more than 15 years of extensive experience in research, program development and design, health communications, and campaigns. Julian J. Walker is an esteemed silver screen Actor, Author, and the Deputy Director of MOBI, this Jackson, MS native has spent the past seven years partnering with campaigns, leaders, universities, and organizations across the globe in hopes of creating safe spaces for LGBTQ+ POC.

MOBI is curated social connectivity events for gay and queer people of color to see their holistic self while promoting community, wellness, and personal development. MOBI’s signature programming includes MOBItalks, a personal and professional development series for Black gay men and MOBIfest, an interactive wellness experience that celebrates Black queer voices in fashion, music, visual arts and media.

The full MOBI team features: Anthony Curry (Director of Operations & Events), Dwyane Williams, Jr (Director of Community Engagement), and LaQuann Dawson (Visual Director).

 

Maria Louise Roman-Taylorson of [email protected] Coalition (TLC)

Maria Louise Roman-Taylorson has been a leader in social services for the transgender community in Los Angeles for more than 20 years. Maria is Vice President & Chief Operations Officer of the [email protected] Coalition, the largest Trans-lead organization in Los Angeles. As a 51-year-old Puerto Rican Latina woman who began her journey to self-discovery at age 19, Maria has become an outspoken voice, activist, and a role model to the Transgender community. Hornitos is honored to recognize Maria and TLC on their mission to advocate for the specific needs of the trans community through education, resources and empowerment. In recent years, TLC has hosted the G.A.R.R.A.S. Fashion Show (Groundbreaking Activism Redirecting and Reforming AllSystems) – an event that provides the opportunity for members of the Trans community to showcase themselves as high fashion models and leaders through community mobilization while participating to raise funds for the organization.

The grantees will be honored with an event in their respective cities this year, where each organization will receive a $10,000 grant to further their goals and commitment to the LGBTQ community. These grants are in addition to Hornitos’ initial donation of $135,000 to support GLAAD and its mission of giving the doers, creators and innovators the opportunity to take on issues and create meaningful change in the world.

“It has been our honor to partner with and learn from GLAAD over the course of the year, taking their guidance and connecting with changemaking individuals and organizations,” said Rashidi Hodari, Managing Director of Tequila at Beam Suntory. “Our first selected grantees – DaShawn, Julian and Maria – are a true manifestation of the Hornitos brand mission to provide inspiration and create opportunities that propel people to “take shots” of their own, no matter how big or small. We are proud to amplify their incredible work.”

 

For those who are interested in donating to the cause or learning more about how to get involved, please visit www.hornitostequila.com/x-glaad/.

 

About Hornitos® Tequila

Hornitos® Tequila has a history of breaking tradition dating back to 1950 when founder Don Francisco launched the brand in honor of Mexican Independence Day. The Hornitos family of tequilas keeps Don Francisco’s legacy alive, using the same high standards to cultivate the best and most flavorful agaves, molding them into premium tequilas that everyone can enjoy. Hornitos inspires its fans to adopt the same boundary-pushing mindset through its “A Shot Worth Taking” campaign that highlights the extraordinary things that can happen when people are willing to take a chance. Since the inception of “A Shot Worth Taking” in 2017, Hornitos has empowered fans to take their shot and provided funds and opportunities to make their aspirations achievable.

To learn more about Hornitos Tequila and its tradition breaking brand history, visit www.hornitostequila.com or follow along with Hornitos Tequila on InstagramTwitter and Facebook.

 

About GLAAD

GLAAD rewrites the script for LGBTQ acceptance. As a dynamic media force, GLAAD tackles tough issues to shape the narrative and provoke dialogue that leads to cultural change. GLAAD protects all that has been accomplished and creates a world where everyone can live the life they love. For more information, please visit www.glaad.org or connect with GLAAD on Facebook and Twitter.

To learn more about GLAAD and its steadfast mission to advocate for the LGBTQ community, visit www.glaad.org or follow along on Facebook and Twitter.

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Best Multi-Family Investment Management Firm – Southern USA

Investment Management

REEP is an expert in all things property equity. With outstanding process development, methodologies, and attitudes towards investments that create actionable plans that keep the clients’ wishes at the very forefront of the proceedings, REEP works hard to be the best of the best. Having set itself apart from its peers with its consistent and well managed involvement in the entire equity process from beginning to end, its service of the Lone Star State has earned it accreditation as firm that is effective, dependable, and client focused.

As a vertically integrated, multifamily, and highly trusted investments company operating out of San Antonio, Texas, REEP has made a name for itself with its outstanding customer service and exceptional results. Moreover, REEP – Real Estate Equity Partners – has been developing this reputation since 2012 by gaining the favour of its market segment one happy customer at a time, serving them with the acquisition of under-performing, income-producing, multifamily investment opportunities in Texas. This having been achieved, REEP then goes on to work together with its sister company REEP management to purchase, manage, and improve the relevant assets held therein, providing benefits to investors and tenants both.

In 2021, REEP rung in the year with the buying, selling, and management of over 4,200 units, taking 8 properties to full cycle. Thus, does an exemplary job of ‘show don’t tell’ when it comes to displaying its incredible acumen in property equity, inviting clients to simply look through the evidence of its past work in order to see what about it has endeared it so to its industry. Its portfolio now consists of over 2,575 units, cumulatively worth over $350 million and benefitting from REEP’s rapid growth in terms of both scale and success, having been named one of San Antonio’s fastest growing companies for the past three consecutive years.

Nominally, with a goal of allowing clients to reap what they sow – mirrored by the name of the company being REEP – this business has been able to make partners of its clients. This partnership results in strong client-business bond, and is emboldened by vertical integration, allowing the equity team to vet each investment for its individual challenges and opportunities before putting together an action plan with the management team. Thus, it has become the exemplary firm it is today by keeping a level head on its shoulders and working with actionable goals in mind, producing business plans that are effective and well communicated, ready to execute from the first day of ownership.

Whether a client is at the stage of working with its equity team, asset management team, or property management teams, each section of this company works together to create perfect synergy, resulting in comprehensive property strategies and day 1 improvements, getting involved throughout the entire process to enable holistic results. This, in short, is what sets it apart from its peers. Involving itself in every stage makes it the perfect answer to strong, thriving markets with underperforming apartment communities, and being based in Texas, it is proud to say that this has been tailored with the Lone Star State in mind; proud to serve the region’s thriving economy, population boom, and job market growth, it finds strong metrics in Texas year after year. Excited to help many more clients in the future to benefit from such metrics, its record portfolio and employee growth is forecasted to continue long into the future, and it looks forward an Anniversary celebration rebrand from REEP Equity and Management respectively to a combined REEP residential moniker.

For further information, please visit reepequity.com

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7 Signs You Should Start Car Wrap Advertising

Car Wrap

Are you considering car wrap advertising? Read on to learn more about it and see if it is a good fit for you. 

 

Car Wrap Advertising: What Is It?

Car wrap advertising is a simple idea that can make a big impact on the local presence of your business. It is simply placing wraps on vehicles that drive around high-traffic areas throughout the day. These wraps are easily changeable, so brands often like to swap out designs to keep things interesting for the general public. 

 

How It Works 

You know the saying about being in the right place at the right time? Well, car wrap advertising takes it to another level. It functions off of high traffic and high visibility. 

Brands like to create eye-catching designs for their cars and have them drive through highly trafficked parts of town during busy parts of the day. This allows for regular optimum visibility among the commuting public.  

 

How Much It Costs 

Like most ad campaigns, car wrap ads can cover a wide range of costs. It depends on several variables, the main ones being the size of the wrap, location of the ad, and average mileage. Just like most things, you get what you pay for. If you want to make a wrap for a large truck or bus and have it drive around Manhattan all day, you will have to pay for it. The good news is that your ad will be seen by thousands of people. 

 

7 Signs You Should Start Car Wrap Advertising 

It is crucial to do your research before starting any ad campaigns. Ensuring that ads will do well for your business is critical in ensuring that you get the best return on investment possible. So, here are seven different signs that could mean you should start car wrap advertising. 

 

1. Are You Looking to Increase Your Brand Awareness?

Are you looking to have your brand increase its awareness in any specific areas? If you are new to the area or not getting the business you were hoping for this year, you should definitely be looking for ways to do this. With car wraps’ visual nature, if you consistently have cars drive around town, there is a higher likelihood for people learning about your brand and recognizing it.  

 

2. Do You Want Cost-Effective Ad Campaigns? 

Car wraps vary in size. You can pay a hefty price for a large wrap to cover an entire vehicle, or you could go with a smaller wrap and cost-effectively reap many similar benefits. But do not forget, wrapping a full vehicle is still a better deal in the end.   

 

3. Do You Use OOH Advertising Techniques? 

Do you already use many types of out-of-home advertising? OOH advertising is a great way to get your name out there, but it is good to change it up. So, if you have been using billboards or shopping center signs, it could be good to change up this campaign and go with the car wrap approach. 

 

4. Do You Want a Captive Audience? 

Perhaps the best part about car wrap campaigns is that they rely on heavy traffic to do well. Nothing says a captive audience like stop and go highways on a morning work commute. Or city driving after a big game. This is the one time heavy traffic will be your friend. 

 

5. Do You Want to Advertise Locally?

Have you placed a heavy emphasis on national advertising and now wish to focus more on your local business? This is the perfect thing for that. If you can get seen by multiple people in the community every day, you will create buzz and become known rather quickly.  

 

6. Does Your Company Own Vehicles? 

Does your company already own and/or use vehicles every day? If you use work or delivery vehicles, then car wrap advertising is a no-brainer. Contract a wrapping service and have those vehicles covered so you can advertise while your employees carry out their daily tasks. 

 

7. Do you want Customizable and Changeable Designs?

One apprehension that people tend to have towards car wrap ads is damage to their vehicles. Or that the ad cannot be changed. Good news! Neither of these is true. Car wraps will not damage your vehicles and are very easy to change. 

We all know that seeing the same thing over and over again can become boring. It is good to change up your ad designs often, and it can easily be done with car wraps. 

 

Start Your Campaign Today! 

Car wrap advertisements are ads placed on cars driven around highly populated areas during busy times of the day. When this is done regularly, it could raise brand awareness by being seen by thousands of people. There are plenty of different cost ranges, so there is an option for everyone. All you have to do is create your design and decide where you want the cars to drive. And the best part is that you can get started today!

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A Greener Future – Distribution Efficiency in the United States

Convayerbelts and cardboard boxes in a warehouse

Over the course of two weeks in October and November 2021, 200 countries came together for the 26th UN Climate Change Conference in Glasgow. The aim of COP26 was to address the growing issues of climate change, from the science behind the causes to what the solutions are, as well as how a call to action is influenced by politics.

The committee concluded that in order to be proactive in their approach to saving our climate, significant changes must be made in order to halt global warming, reduce emissions, and stop deforestation. The preservation of our planet is vital to making sure we leave behind an inhabitable environment for future generations.

Attitudes toward going green echo down to consumers. In fact, a survey done by Deloitte found that 61% of consumers have reduced their usage of single-use plastics in an effort to be more environmentally conscious, with 34% choosing brands based on their sustainability practices and values.

So how are the distribution industry and other businesses adapting to accomplish this? Electrix, experienced manufacturers of electrical enclosures, dive into the positive changes businesses can make to be part of a greener future.

 

Exploring alternative energy sources

One of the main talking points of COP26 was the over-reliance on fossil fuels and the adverse effects they have on our climate. The distribution industry relies heavily on gas to power our vehicles to keep the supply chain moving.

In order to adapt to a greener approach to operations, some businesses have begun switching from traditional gas-powered vehicles to electric and hybrid vehicles. These vehicles produce almost half the carbon dioxide gas emissions that traditional vehicles do.

Consumer habits are changing with more people willing to be charged more for environmentally conscious products. Accenture conducted a survey and found that 72% of the respondents were actively buying more environmentally conscious and friendly products than they were five years prior.

 

Streamlining your warehousing

Before your products even hit the road, there are steps that can be taken to reduce our carbon footprint in our warehouses. Heating and lighting a warehouse can be costly, as most are spacious and have high ceilings which can cause drafts.

While finding a smaller, more cost-effective warehouse may not be a possibility, you can maximize your current warehouse by installing energy-efficient lighting and additional insulation. This will also reduce costs during the winter months, as you won’t run up your energy bill by using as much heating. You also have the option of installing solar panels as an alternative way of powering your operation.

The equipment used within the warehouse can also affect your CO2 output and overall efficiency. Investing in packaging made from recycled materials, as well as focusing on the maintenance of equipment for a longer lifespan rather than replacing them, will have a huge impact on the level of waste your warehouse produces.

 

Localize and optimize your supply chain

Another element of distribution that can bring down your emissions is your supply chain. Shipping materials and products between warehouses can not only be costly, but the carbon footprint created can be huge. It isn’t just land vehicles that create emissions, as air and sea transport also cause environmental issues.

Partnering with a third-party freighter who’s committed to sustainability can build a lot of goodwill with customers by proving your dedication to finding alternate solutions. From the ground, you can reduce the number of trips required by only shipping in full truckloads. Optimizing this means fewer vehicles on the road and subsequently less emissions.

Making a change to your truck policies can also have an impact. Establishing with your drivers what’s considered too much idling, which wastes around 6 billion gallons of fuel every year. Additionally, setting a limit on the speed and range of vehicles can help to form a balance between fuel efficiency and speed of delivery.

 

With the speed the world is changing, we need to be prepared to adapt at all levels. At a consumer level, sourcing eco-friendly products is a must. On a larger industry level, finding more sustainable methods of carrying out our business will become the norm. Some of these changes may feel like overhauls from the ground up, but things like electric vehicles, investing in warehouse efficiency, and creating a sustainable and strong supply chain will have a positive impact going forward.

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The Future is Blue and it’s Powered by Carbon

A view of a blue ocean during the daytime

A climate emergency is underway and societies and economies are suffering, especially in coastal areas. Roughly 40 percent of the world’s population lives within 100 kilometers of the coast. Healthy coastal ecosystems provide protection from natural hazards, coastal erosion, and rising sea levels, particularly in small island developing states (SIDS) and low-lying, exposed delta regions.

A holistic solution proposed by NOAH will ensure a swift transition to net-zero carbon and waste, cooling the planet while boosting an ESG blueconomy.

Not only are marine living resources poorly measured and understood, but they are also rarely valued properly. Through carbon finance and decentralized certification by the World Ocean Council (WOC) with funding from NOAH and other partners, the set-up of financial projects can be achieved and ESG investment can be boosted.

The blue revolution started with pilot projects in Panama, Dominican Republic, Antigua, and Barbuda. ‘Blue carbon’ sinks like mangrove forests, seagrass beds, and other vegetated ocean habitats are up to five times as effective as tropical forests at sequestering carbon.

Frédéric Degret is CEO of NOAH ReGen, a company empowering climate change solutions through economic growth. He says that by unlocking and monetizing the regeneration of rivers and oceans’ basins, coastal communities can become the trailblazers of a regenerative Blue Economy that the OECD predicts will be worth $3 trillion by 2030.

“NOAH will use future additional carbon from environmental business solutions as equity for the set-up of those projects to de-risk complimentary private funding and generate a carbon cascade positive loop. This mechanism will be digitally traceable – using a blockchain register to hold the certified impact measurement report – and revenues will be reinvested into coastal and island territories to fund their transitions into an abundant circular economy, replacing the import of fossil-based products”.

Recognized as Europe’s most innovative company for the ocean, NOAH is also a co-founder of the Atlantic Smart Ports Blue Acceleration Network consortium (AspBAN) funded by the European Commission. NOAH has signed partnerships with the UN World Tourism Organization, the government of the carbon-negative Panama as a pilot country for off-grid solutions generating additional blue carbon, and the Federación Latinoamericana de Ciudades, Municipios y Asociaciones de Gobiernos Locales (FLACMA, representing 16,500 municipalities in Latin America).

Having kick-started the Blue Revolution, NOAH has been approached by several island states and coastal countries to provide agency for their holistic transition, achieved through the integrated operations of six interconnected, mutually empowered ESG platforms. With legal structures and governance in place, these comprise financial; advisory; certification; digital; accelerator; and industrial platforms. The construction of the legal and governance framework and blockchain ledger will allow users to track and trace all products coming from regenerative practices, clean techs, and natural-based solutions.

Funds raised from projects will act as collateral and will generate a cascade of ESG investment and carbon sequestration in developing countries, through the Blue Carbon Bank and the Blue Climate Fund currently under development, the ESG Carbon Token, a digital Marketplace and an ESG Carbon Exchange.

The Blue Revolution is a disruptor that will drive the research and implementation of ocean-based solutions for energy generation and storage; ESG fintech to certify and score the positive impact and origin of products through the whole value chain; the creation of floating infrastructure to remove pressure from land-based alternatives; and the acceleration of ocean-based farming and cleantech enterprises.

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Is Workers’ Compensation a State Program?

Workers' Compensation

Workers’ compensation is a type of insurance that employers pay to cover the costs of benefits for employees who sustain injuries or illness on the job. The following are some important facts about workers’ compensation:

 

Fact 1: States Are In Charge of Workers’ Compensation Systems

Employers are under obligation to self-insure or contribute to state workers’ compensation funds. Workers who sustain illness or injury on the job may then receive compensation. Longshore workers, federal employees, and coal miners are among the categories of distinct worker’s compensation programs under the federal government.

In addition, workers’ compensation premiums are not paid by the employees. Although each state has a workers’ compensation program, each has its own set of rules.

 

Fact 2: All Employers Must Provide Workers’ Compensation

Although this statement is fundamentally correct, each state’s degree and type of coverage differs, and one state does not mandate this coverage. In addition, employees, as defined by the state, as well as “any person appointed or employed for remuneration by private employers,” including independent contractors, must be covered. Furthermore, some non-employees may qualify for a workers’ compensation exemption.

 

Fact 3: Workers’ Compensation Coverage Can Be Self-Insured in Most States

Each state that allows companies to self-insure for workers’ compensation has its own set of requirements to meet. Certain persons, such as independent contractors, are free from workers’ compensation regulations in some jurisdictions.

 

Fact 4: Those WIth Long-Term Injuries or Illnesses Can Receive Coverage Under Workers’ Compensation 

Workers’ compensation benefits replace lost income and pay for medical care. In addition, they will provide vocational rehabilitation programs so that employees can return to work.

 

Fact 5: Workers’ Compensation Premiums are Determined by State Rates and the History of an Individual Business

Workers’ compensation rates differ by state and by kind of company. A report comparing workers compensation insurance for restaurants rates by state and employer categorization is released every two years by the Premium Rate Ranking Survey. The cost of workers’ compensation payments to an individual employer is determined by their gross payroll as well as the severity and quantity of injuries and illnesses they suffer.

 

Fact 6: Employees May be Able to Sue Their Employer If They Are Injured on the Job

Worker’s compensation payouts normally preclude employee lawsuits against their employers. However, there are some scenarios in which an employee can sue their employer for an on-the-job accident or illness. One such situation would be if the injury occurred beyond the limits of the worker’s job assignment. Another would be if the injury was intentional by the employer.

 

Fact 7: Workplace Injuries Are Not Always Covered by Workers’ Compensation

Some job injuries, on the other hand, do not fall under worker’s compensation. Therefore, they do not receive reimbursement by worker’s compensation. Some of these are: 

  • If the injury was caused by you
  • If the injury occurred while the employee was on the job, 
  • if the employee broke business rules
  • if the employee was not on the job
  • Workers’ compensation does not include claims for suffering, pain, or carelessness

 

Fact 8: Employees May Not Receive Unfair Treatment After Filing a Workers’ Compensation Claim

Employers are forbidden from retaliating against, terminating, or otherwise discriminating against employees who submit worker’s compensation claims under state and federal whistleblower statutes.

 

Fact 9: False Claims for Workers’ Compensation Can Result in Penalties and Hefty Fines

Employers generally commit workers’ compensation fraud to lower premiums. Businesses commonly commit workers’ compensation fraud in the following ways:

  • Misclassifying workers as non-employees or owners. 
  • Failing to report the number of employees.

 

Employees who defraud workers’ compensation include:

  • Falsely alleging an injury 
  • Receiving both Social Security disability benefits and workers’ compensation at the same time. 

 

Fact 10: Employers Must File Reports, Keep Records, and Provide Information to Employees

Workers’ compensation information must be reported to employees. In addition, employers must report to the state agency. Employers must, in general:

  • Post compensational information to employees in strategic locations.
  • Keep track of lost time injuries and occupational diseases.
  • Report accidents or injuries.

 

Understanding these workers’ compensation facts will help you best protect yourself, your business, your employees, and your financial interests.

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California’s Leap to Advance Gender Diversity on Corporate Boards

Board meeting with female and male members

Diversity in the workplace can be beneficial for all, as people from different cultures, backgrounds, and gender identities bring different opinions and experiences to draw from. Building a strong company and a harmonious work environment can involve gathering as much diversity as possible, in as many positions as possible.

Across America, only 29% of seats on the director’s board are held by women, which is up from 24% in 2020. While this number is on the up and gaining traction, more can be done to encompass diversity across the business landscape.

To that end, the California Partners Project (CPP), co-founded by First Partner Jennifer Siebel Newsom, recently released its fourth report tracking the implementation and impacts of Senate Bill 826, a law requiring all public companies in California to have one to three women on their board of directors, depending on board size. The law addresses the underrepresentation of women on public company boards and is the subject of a recent adverse court ruling that is being appealed by the State of California.

“Corporations influence everything from income equality, communications, community health, the environment, and responses to calls for gender and racial equity. That’s why it’s imperative to have women’s perspectives represented in the rooms where these decisions are made,” said California First Partner and CPP co-founder Jennifer Siebel Newsom. “SB826 is a highly effective tool for addressing gender discrimination. As a result, we’ve seen increased gender diversity on California boards, which has positively impacted companies’ environmental, social, and governance outcomes, as well as their bottom lines. We are not rolling back the progress we’ve made.”

Prior to the enactment of SB826 in 2018, California’s public companies lagged the national average in board gender diversity. Now California, with 32% of seats held by women, is a world leader in gender diversity on public company boards, ahead of the United States as a whole and the European Union.

CPP’s data shows companies are overwhelmingly complying with the law, nearly tripling the number of public company board seats held by women – from 766 in 2018 to 2,055 today.

Among the California companies studied, those with three or more women on their board had 29% higher revenue in 2021 than those with fewer women board directors.

The CPP report has also uncovered places where progress has fallen short – the underrepresentation of women of color. 58% of California’s public companies do not have any women of color on their board and Latinas remain the most underrepresented group. Latinas comprise 20% of California’s population and hold only 1.5% of public company board seats.

 

A summary of the SB826 compliance data from CPP’s report series is available here.

For the full report visit www.calpartnersproject.org/thebigpicture.

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Volta Trucks Confirms its US Market Entry Strategy

US market
  • Volta Trucks reveals its product, services, and manufacturing roadmap for entry into the North American market as part of the Route to Zero Emissions strategy.
  • Volta Trucks aims to appoint an experienced US-based manufacturing partner in late 2022.
  • Product introduction led by a Class 7 truck, equivalent to a European 16-ton vehicle, closely followed by Class 5 and Class 6 models, akin to the EU 7.5- and 12-ton variants.
  • Pilot Fleet of 100 Class 7 trucks to be evaluated by US customers, starting in Los Angeles in mid-2023, ahead of the start of US production and scale up in 2024/25.
  • Volta Trucks to develop its own network of service and maintenance facilities alongside third-party coverage to maximize geographic reach.

Volta Trucks has revealed the strategic roadmap for its entry into the North American market, having already established itself as the leading European full-electric commercial vehicle manufacturer and services provider. The plan will see the first Volta Zero vehicles operating on Los Angeles’ streets by the end of next year.

 

The full-electric Volta Zero for the US.

The introduction of Volta Trucks’ 100% battery electric commercial vehicles into North America will be led in 2023 by a Volta Zero Class 7 truck which is equivalent to the existing European 16-ton truck, with a dry or refrigerated cargo box. The Volta Zero is a purpose-built 100% battery-electric medium duty truck specifically designed for urban logistics. The ground-up design of the Volta Zero uses an innovative compact eAxle, comprising the electric motor, transmission, and axle all in one unit, supplied by Michigan-based Meritor, and high-voltage batteries located within the chassis rails – their safest possible location – from California-based Proterra.

Volta Trucks will initially introduce a Pilot Fleet of 100 Class 7 trucks in mid-2023 that will be evaluated by US customers, starting in Los Angeles in mid-2023, with additional cities to follow, ahead of a roll out of production vehicles in 2024. To date, Volta Trucks has built 24 road-going ‘Design Verification’ prototypes which are currently undergoing a rigorous and extensive testing program in Europe. Ahead of the introduction in North America, the company expects to have already built more than 1,500 full-electric Class 7 trucks for European customers.

As a vehicle specifically designed for urban logistics, the Class 7 Volta Zero will offer a modular battery configuration to deliver a range of 95 – 125 miles – more than enough for downtown distribution routes. The vehicle is designed to accept both AC and DC 250 kW fast charging, which delivers a full charge from empty in just over an hour. Alternatively, one hour of 19 kW AC standard charging will add around 12 miles of driving range.

While commercial vehicles compose a small portion of city traffic, they have historically been involved in a disproportionate number of accidents with vulnerable road users. Without the traditional internal combustion engine, Volta Trucks, alongside Astheimer Design, reconfigured the entire driving experience to centrally mount the driver’s seat, and lowered it, in order to meet pedestrians and cyclists at eye level. The Volta Zero’s glasshouse-style cab offers a 220-degree view around the vehicle, for optimum visual awareness and blind-spot reduction.

Thanks to the Volta Zero’s innovative central driving position, drivers enter and exit the vehicle on either side, always onto the sidewalk for their own safety, and through sliding rather than swinging doors, to also ensure the safety of passing cyclists.

The 33,000 lbs. Class 7 Volta Zero introduction will be closely followed by a Class 5 vehicle of 19,500lbs., and a Class 6 truck of 26,000lbs., equivalent to the European 7.5- and 12-ton vehicles, in 2024/2025.

Class 5 and 6 Volta Zeros, revealed in April 2022, will bear a close visual relationship to the Class 7 vehicle. All Volta Zeros benefit from the same world-class safety standards of the Class 7 vehicle, as well as its zero-emission powertrain, eliminating not only CO2 emissions but also harmful particulates that cause local air quality and health issues. The Class 5 and 6 trucks will be identical to each other from the front, with the Class 6 vehicle having a longer chassis and body, and second set of rear wheels and tyres, to accommodate the increased vehicle payload.

 

Truck as a Service eases commercial vehicle electrification, service and maintenance.

With its European experience, Volta Trucks understands the complexities that fleet operators face with the transition to electrification. In response, the company offers its innovative Truck as a Service proposition – a one-stop-shop that takes all of the elements needed to electrify a truck fleet, and brings them into a single offering and monthly payment.

In Europe, Truck as a Service comprises a suite of services including the initial site assessment to fully understand the infrastructure needs of a customer’s depot, through to the installation of the charging set-up. It also includes the finance and insurance of the vehicles to accelerate the adoption, and derisk the ownership, for the customer. Importantly, it also includes all of the vehicle’s servicing and maintenance requirements over the customer’s lifetime of use.

Using the same approach as it has adopted in Europe, Volta Trucks will develop its own ‘Volta Trucks Hubs’ for vehicle service and maintenance. Hubs will be located close to its customer’s own logistics centers to maximize uptime and convenience. The company will also develop an extensive network of third-party facilities to increase the geographic coverage of service and maintenance outlets.

 

US-based manufacturing.

Work is now underway to kick-off initial US-based manufacturing with an experienced partner, with agreements expected later in 2022. The first Class 7 vehicles delivered to the US will be built at the company’s existing contract manufacturing facility in Steyr, Austria, to ensure the quality of the first US vehicles, with all Class 5 and 6 vehicles for North America expected to be built in the US, starting in 2024/25.

Announcing the US roadmap ahead of ACT Expo in Long Beach, California, Carl-Magnus Norden, Founder of Volta Trucks, said; “Since the launch of Volta Trucks in 2019 and the reveal of the Volta Zero in September 2020, we have used London, Paris, and other European launch cities, where fleets are increasingly converting to electric, to prove that our concepts align to customers’ needs. With more than 6,000 vehicle pre-orders in hand, from some of Europe’s largest fleet operators, it is time to expand our geographic horizons and look towards the significant market opportunity in North America. I believe our full-electric truck will be perfectly suited to the US customer’s needs, and we look forward to engaging customers to gain feedback on our product and services, then testing and learning as we look to exceed their expectations. I am looking forward to meeting some of North America’s largest fleet customers and introducing them to our full-electric Class 7.”

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