The Importance of Post Payment Audits

Post Payment Audits – Running a business is, at least in part, a numbers game. Entire teams of people have to manage profits, expenses, payroll, and beyond. It’s a near constant battle to manage overhead and the bottom line, maintain profitability, and stop any financial leaks along the way. This is no small undertaking, and when small mistakes pile up, …

What Is ERP?

Perhaps you’ve heard the term “ERP” floating around your online circles. Maybe you’ve heard it mentioned by someone in your organization. With increasing popularity (and huge benefits for businesses of all kinds), it’s no surprise that ERP is making its way into water cooler chats and strategy sessions. So, in case you aren’t already familiar with what ERP is – …

Why You Need IV&V for Any ERP, CRM, HCM, or EHR Project

Powerful software continues to dominate the operations of many businesses. For companies of all kinds, organizational software is at the heart of daily function. Whether it’s to manage supplies or customer contacts, employee records or marketing data, the wide world of database and management software only becomes more powerful – and more common. When implementing any such software, IV&V can …

Is There an ROI for IV&V Service?

IV&V services are a large undertaking – there’s no disputing that. Bringing in an IV&V team involves coordinating departments, establishing goals with stakeholders, and much, much more. It can be disruptive to daily operations (at first), and frankly, it’s going to cost money. So, the question for most companies is obvious: is there enough ROI to justify the costs? The …

Cloud in the HR/HCM Sector

Cloud HCM systems have many uses. Sophisticated software means being able to track and analyze a huge range of information – including data about (and for) employees! HCM systems of all kinds help to reduce costs and improve tracking. Today, we’re looking at the ways HCM helps improve human resources (HR) and human capital management (HCM). Measure and Reward Performance …

Who Implements The Changes as a Result of IV&V Findings?

Over the course of IV&V, the team you employ digs deep to find recommendations and proposed changes. Because IV&V looks at every element of the development process (throughout the project lifecycle), the findings cover a range of topics. After all the reporting, meetings, and planning, however – who actually makes these changes? You may finish the IV&V process with a …

What Is The Typical Cost of IV&V?

There is no simple, one-size-fits-all IV&V program. Because every project is going to be different, it’s difficult to accurately estimate IV&V costs in terms of specific dollar amounts. There are a few ballpark methods that can help people understand the financial undertaking involved with IV&V, but let’s first examine why these costs are tough to calculate. Agile Options Independent evaluation …

What Qualifications Do You Look for in an IV&V Service Provider?

IV&V can be a tricky topic. While many of the same standards are followed regardless of the project, the exact steps taken may be different across varying software or company needs. Searching for an IV&V service provider can be daunting, especially if you don’t know what to expect from the process. To help you navigate this challenging territory, here are …