Millennium Business Machines Pvt. Ltd. had participated in IBEX India 2020. The event is on 13th to 15th February 2020 at MMRDA Ground, Bandra Kurla Complex, Mumbai, India. Live demo on Document Scanners, Infuse, Scanning Solutions, Software solution, manpower services for scanning, Interactive Display screen and etc. Solution and information are given to Visitors.
A flurry of new developments during the past few days related to Libra, Facebook’s proposed digital currency, has set the stage for the next round of political fighting over the project’s future. Just a few weeks after the company admitted to investors that increasing regulatory scrutiny could mean that Libra may never launch, the company now seems as determined as ever to get it off the ground—however long that takes.
Gearing up: Perhaps most importantly, Facebook has just hireda lobbying firm to focus on “issues related to block chain policy.” The social network has spent $7.5 million on lobbying so far in 2019, after spending nearly $13 million last year. Now it has added Washington, DC-based FS Vector, a firm that focuses on regulatory compliance and business strategy. One of its partners, John Collins, was formerly the head of policy at Coin base, the popular US exchange.
More details please: Facebook’s announcement two months ago that it planned to launch Libra was immediately met with skepticism from policymakers and central bankers around the world. They raised concerns about security, privacy, and the potential risk to financial stability. Critics have also lamented the lack of details regarding how the currency will be managed, sending Facebook back to the drawing board. Now the discussion seems ready for its next phase.
Continued resistance in Washington: Libra has taken fire from both sides of the aisle in DC, but one particularly vocal critic has been Maxine Waters, chair of the House Financial Services Committee. Late last week she met with Swiss government officials to discuss Libra, which Facebook has said will be managed by a Switzerland-based nonprofit called the Libra Association. After the sit-down, Waters said she still had concerns about “allowing a large tech company to create a privately controlled, alternative global currency.”
Internal resistance, too: According to a new report from the Financial Times, the increasing regulatory scrutiny has led some members of the Libra Association to grow wary as well. Three unnamed members have even been “privately discussing how to distance themselves from the venture” as pressure builds.
Part of the plan? Facebook has said that the back-and-forth with policymakers, regulators, and experts was what it was aiming for when it revealed its plans early. In that vein, today it also launched a bug bounty program that will pay security researchers up to $10,000 if they find critical bugs. “We know it will take a global community to launch a global cryptocurrency,” the Libra Association’s Michael Engle said in a blog postdescribing the program. “We are committed to taking the time to get this right.”
Now is the perfect time to think about changes you can make around your business to reduce your environmental impact. While there are many earth-friendly practices you could implement, there’s one change you can make that will have a positive impact on the environment and on your bottom line: going paperless.
Today’s technology makes it easier than ever to collaborate digitally instead of by sharing paper documents, so now’s the perfect time to ride that wave and create a paperless workplace.
Essentially, there are two steps to going paperless. The first step is to reduce your reliance on paper by digitizing your documents, and the second step is to maintain your new paperless environment by securely storing, sharing and managing your digital documents using document management software. Implementing a digital mail room is the final step in going paperless as it stops paper from entering your organization at the point of entry and digitizes it for distribution.
Having your documents digitized is simple when you work with a trusted document management partner. They’ll systematically prep, scan, and index each document, creating crisp digital images that can be easily stored and managed with document management software. Not only are digital documents easy to store, but they’re easy to access, too. Whether they’re on the road or working remotely, your team will be able to access documents in the cloud from any authorized computer or mobile device.
Documents of all sizes can be digitized, including oversize blueprints and engineering drawings. Specialized scanners even make quick work of scanning delicate bound books that could be damaged by a flatbed scanner.
Once the documents you already have are digitized, you’ll just have to handle the ones that continue to come in by mail and email. That’s where a digital mailroom comes in. With digital mailroom services, incoming mail is received at a dedicated PO box, then brought to a document scanning facility where it’s prepped, scanned, and indexed. The end result? Digital images of each document provided to you for storage in your document management system.
Digital mailroom services can also be used to manage incoming email. Your incoming email is directed to a monitored email inbox and goes through a quality-controlled data capture process. From there, the captured data is ready to be loaded into your business systems or kick off a workflow, totally eliminating the need for you to waste paper by downloading and printing emails and attachments.
Did you know that trees aren’t the only resource that’s used to produce and distribute paper? It takes electricity and other energy to process wood into paper, to transport paper to companies, and to distribute paper, for example by mail or by courier. The less paper you use in your business, the better it will be for the Earth. Practicing sustainability also attracts loyal customers who want to do support businesses that are socially responsible.
Need some more concrete reasons? Here are five earth-friendly reasons to go paperless for Earth Day:
There’s much more to celebrate in addition to the earth-friendly factor of going paperless. Without paper documents holding you back, your business processes will go much more smoothly without the bottlenecks that are common when a coworker is out of the office or when a document is buried in a pile on someone’s desk. That’s because digital document management enables you to set up automated workflows that seamlessly transition between steps in a process and provide helpful alerts when documents are missing or actions are delayed.
In addition, being able to easily search for documents with a keyword instead of digging through filing cabinets cuts back on wasted staff time, allowing your team to spend their time on more critical work that adds value to the business.
It’s difficult to store paper documents securely. Not only can they easily get into the wrong hands, but they’re also susceptible to disasters like fire and flooding. Keeping digital documents secure, on the other hand, is easy thanks to redundant backups and customization levels of permissions.
Real estate is expensive, so it’s a waste of money to use your valuable square footage to store documents. Digitizing your documents frees up the space you’re currently using for file storage, allowing you to repurpose the space for revenue generating activities instead.
Ready to do your part for the Earth and go paperless in your office? Here’s how to choose a document management partner to help you go paperless.
