Pansoft Technologies Achieves CMMI Level 3 Appraisal

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Pansoft Technologies Achieves CMMI Level 3 Appraisal 

Pansoft Technologies, a leading IT products, consulting, and services company, has been appraised at Level 3 of the CMMI (Capability Maturity Model Integration). 

After successfully completing the SCAMPI appraisal, Pansoft Technologies was verified to have been operating at Level 3 of the Maturity Levels defined by CMMI; this level indicates that Pansoft is performing at a “Defined” level.  

Considered to be the highest form of third-party validation, the CMMI Institute’s maturity levels attest a company’s ability to deliver products, services, and solutions reliably and securely keeping in mind all the best practices. The CMMI’s maturity program offers an integrated set of best practices to lay guidelines for organisations to enhance performance improvement and achieve operational goals. 

“As still a very young team of dedicated and passionate professionals, we are more than thrilled and proud of having received the CMMI Level 3 appraisal. It reaffirms my faith in my team and also gives our clients another reason to have faith in our services. It’s really gratifying to be one of the few companies globally to have achieved this appraisal. We always have and will continue to operate at the world’s best practices and ensure quality deliverables with our offshore global delivery model,” said Nazim Shaikh, CEO at Pansoft Technologies. 

About Pansoft Technologies

Founded in 2010, Pansoft Technologies is a leading Information Technology products, consulting and services organisation, with a global footprint. It extends value to enterprises using Oracle, Ellucian, Blockchain, Analytics, and Cloud technologies either isolated or as an integrated platform offering. Pansoft has its operations in India, United Arab Emirates, Saudi Arabia, Qatar, USA and Europe. 

About CMMI® Institute

CMMI Institute enables organisations to elevate and benchmark performance across a wide range of critical business capabilities, including product development, service excellence, workforce management, data management, supplier management, and cybersecurity. 

A Primer on Reducing Operational Costs with Oracle

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A Primer on Reducing Operational Costs with Oracle 

In 2018, the West Virginia School of Osteopathic Medicine (WVSOM) took a major decision. They were looking to reduce their expenses by optimising their IT infrastructure. They also wanted to improve their online systems so that their faculty, staff, and teachers could become more productive.

Eventually, they opted for Oracle Cloud and moved to the cloud with a secure, robust, and unified platform. Within months, the institutional reduced cut costs to a considerable extent and saved almost $50,000.

The Indirect Stakeholder Cost

Despite the widespread adoption of Oracle tools, not many companies are utilising it properly. Countless inefficient Oracle systems out there eat up a vast chunk of revenues of their enterprises. Why is it that even after choosing a leading solution like Oracle, enterprises still can’t get the most out of their databases?

While optimising the business operations for a wide range of organizations, we, at Pansoft, recognised that many organisations fail to account for the underlying organisational costs.

Here’s a brief overview of how these stakeholders interact with IT tools:

  • The payroll department must process payroll on schedule. Delays can cause uncertainty in the organisation, especially if it occurs during an economic recession.
  • Call centre staff needs optimal speed, .i.e. their CRM application screens need to be loaded lightning fast. 
  • A slow website can result in the loss of several potential clients.
  • Executive management is in need of timely, accurate, and real-time dashboard reporting.

In many companies, these stakeholders and departments normalise the high Oracle total cost of ownership (TCO). More often than not, the in-house IT teams do not have the expertise and fluency to manage and monitor tools.

But is it really acceptable to allow an executive dashboard to take more than 40 seconds for loading a report on the company’s supply chain processes? What if it could be loaded in less than 5 seconds? This reporting system alone is causing a significant amount of losses to the company over the year as it directly affects the organisation’s decision-making.

Is it acceptable that the company website’s bounce rate is high and customers are moving to other sites due to poor website responsiveness?

It’s tough to measure the indirect cost of these tools on business operations in financial terms, but it’s certainly not negligible. Performance costs are mostly assessed in technical terms and direct financial expenses for remediating a system measurement.

It’s important to understand that the investment going into IT is not the only consideration. You also have to take the intangible stakeholder cost into account to determine the remediation of performance issues.  

To help you reduce operational costs, we, at Pansoft, recommend you to look into the problem through the lens of an indirect stakeholder. This is a beneficial approach due to two reasons: 

  • You get to spot and resolve performance issues that affect your business processes. 
  • You get to increase the IT budget for resolving performance issues.

The Analytics Dilemma

At the moment, data analytics/business intelligence platforms are the only tools that help managers and executives view a vast amount of data, interpret it, and make decisions accordingly. However, even if these insights are shown and delivered perfectly, they must come at the right time.

Generally, analytic rollouts happen on an incremental basis as the platform continues to become refined. Users ask complex questions as the analytics functionalities are updated. But, if the system isn’t bottlenecked, and the solution can’t return quick responses, these insights don’t offer any use. 

Alternatively, businesses that keep up with their user requirements and optimise performance accordingly benefit a great deal; executives receive timely insights, improve decision-making and expand business performance.  

Long-term performance tuning of the analytics platform ensures that it can address user requirements and reduce operational costs, thanks to performance upgrades. We have been doing it for a long time with Oracle E-Business suite. 

Remote Oracle DBA Services Are Trending

Remote database administration is all the rage at the moment. When you limit your database infrastructure with an in-house team, you can only reduce costs to a certain extent. Getting offshore services are crucial as they facilitate you to explore a wide range of prospects that are made possible with remote DBA. 

Over the last ten years, there has been a massive increase in the outsourcing of database services. Around two million database jobs have been outsourced to India and China. The trend became popular because companies found remote DBA services, like that of Oracle, to be much more efficient and cost-effective than their in-house infrastructure.  

The biggest advantage of getting remote database administration services is that it cuts operational costs while raising profits simultaneously. With remote Oracle DBA, you acquire improved access to resources and take advantage of the best professionals in the industry.  

In addition, you can also free up internal resources. The project execution speed gains a significant performance boost via remote DBA. Large enterprises employ hundreds and thousands of employees, and to manage the end-to-end user lifecycle you need support from experts like Pansoft who not only overlook multiple areas such as user access management and authorisation, provisioning and deprovision, certification and decertification, reporting and auditing but also provide you with remote oracle DBA services, optimising your database design and queries for better results.

How Oracle E-Business Suite Can Improve Your Productivity?

Do you know that Wells Fargo, one of the largest banks in the world, heavily relies on Oracle EBS? 

Oracle E-Business (EBS) comprises of a wide range of software. Here’s how business owners can leverage Oracle EBS’ modules:

  • Streamline your cash flow management and financial management with customisable and user-friendly Oracle Financials. Modules such as Financial Analyzer, Property Management, Treasury, Fixed Assets, Receivables, Payables, Cash Management, and General Ledger enhance your financial processes. 
  • From recruiting new hires, managing the current workforce, and retiring old employees, you can handle your HR processes effectively with Human Resource Management System (HRMS).  
  • If your organisation is having difficulty with storing and shipping goods, it’s recommended to use Oracle Logistics. It can predict future demand and plan for safety stock in the warehouse. Develop in-depth, tailored material plans and create production schedules.  

Moving to the Cloud

A few years ago, Oracle recognised the growing adoption of cloud infrastructure. As a result, it allowed companies to migrate their legacy systems to the cloud with Oracle Fusion Applications. Fusion refers to the underlying technologies that allow organisations to use Oracle’s cloud offerings. For instance, you can use Oracle Fusion Sales Cloud to move your sales workflows to the cloud. Similarly, you can improve customer relationships by integrating your global team with Oracle Fusion CRM Base Cloud Service.

Complying with Data Privacy Regulations

Oracle Identity and Access Management enables organisations to streamline and automate the end-to-end lifecycle of user identities. They can use it to provide authorised access and protect: 

  • Confidential data related to businesses, suppliers, and customers, whether it is stored in the cloud or on-premises.  
  • Applications used by employees, suppliers, and partners.
  • Devices, such as smartphones, desktops, laptops, and IoT.
  • Integration—Information stored, sent, received, or exchanged between different systems.

Using Oracle Identity and Access Management is crucial because it allows you to comply with modern regulations such as GDPR (EU), CCPA (U.S.), and the Privacy Act (Australia) to name a few. In this way, you can prevent data breaches and avoid hefty fines. Get in touch with Pansoft and use the following Oracle IDM tools: 

  • Oracle Access Manager
  • Oracle Identity Manager
  • Oracle Internet Directory
  • Oracle Entitlements Server
  • Oracle Privileged Account Manager
  • Oracle Web Services Manager
  • Oracle Identity Federation
  • Oracle Identity Analytics
  • Oracle Adaptive Access Manager
  • Oracle Enterprise Single Sign-On
Do you want to leverage these Oracle solutions to take your business to the next level? Reach out to Pansoft and simplify your business processes with Oracle services.  

Pansoft Partners with C-BIA Consulting Ltd to drive digital transformation across industries in the UK and EU

By | Blog

Key Takeaways

  • Through this partnership, Pansoft offers an integrated platform of enterprise resource planning, blockchain and analytics tailored to help enterprises across industries to embark on their digital transformation journey while staying compliant with the regulatory framework. 
  • This partnership will help address the specific and significant market opportunities and strengthen the joint value proposition through closer proximity to customers in the region. 
  • Pansoft will focus on the key areas of driving digital transformation and change management for organisations across varied sectors.

Pansoft, a market leader in implementing digitised solutions, is pleased to announce its partnership with C-BIA Consulting, a Business Intelligence and data analytics expert, to help enterprises reduce operational costs and bring more value through its comprehensive bespoke integrated solution.

Pansoft’s expertise in the Oracle arena, Ellucian services, Blockchain development and Analytics enable it to provide customers with a unique solution that combines these technologies to solve use cases. Making business functions more efficient through enterprise resource planning, automating digital credential verification and validation through blockchain, helping information drivers make informed decisions through data-driven insights and analytics.

C-BIA Consulting helps customers to identify valuable insights and gain business value from their data assets, make informed business decisions that deliver better outcomes, and enables all stakeholders to seamlessly work together. With this partnership, Pansoft and C-BIA aim to leverage their expertise to offer a wide range of services and consulting to clients in the UK and EU. 

“In partnering with C-BIA, Pansoft will be able to extend its services to clients across the UK and EU. It will also enable us and, simultaneously, our clients gain access to C-BIA’s exceptional knowledge in data science and BI. By combining our expertise in implementing digitised solutions with C-BIA’s data-driven digital products, we will be able to add value to our clients’ businesses by delivering much more intelligent solutions to them,” commented Nazim Shaikh, CEO at Pansoft.

“This partnership means we can extend our services to existing clients and craft new offerings that combine our joint sector and technical knowledge, particularly around Oracle and Ellucian products and Blockchain. Demand has never been higher for cost-effective solutions that enable faster decision making and automate business processes and remote working. I look forward to working with Pansoft to build the next generation of advanced analytics solutions, lower costs and improve customer satisfaction,” said Brendan Dunphy, CEO.

About Pansoft 

Founded in 2010, Pansoft Technologies is a leading Information Technology Products, consulting and services organisation, with a global footprint. It extends value to enterprises using Oracle, Ellucian, Blockchain, Analytics, and Cloud technologies either isolated or as an integrated platform offering. Pansoft has its operations in India, United Arab Emirates, Saudi Arabia, Qatar, USA and Europe.

About C-BIA Consulting Ltd

Founded in 2006 as Genisys Consulting Ltd., C-BIA Consulting specialises in intelligent application development, BI & data analytics using Microsoft and Open Source platforms. C-BIA’s focus is on health, education, research and retail sectors and includes the joint development and marketing of applications such as laboratory management, clinical collaboration, performance assessment and safe staffing in these sectors.

To know more about BI and data analytics, visit C-BIA Consulting on https://www.c-bia.co.uk/

A Call for Digital Transformation in Higher Education

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A Call for Digital Transformation in Higher Education

Digital transformation in higher education is changing the way institutions establish, operate, and move forward. It is also bringing shifts in the delivery of services and execution of contracting, accounting, and financial management.

Before we dive into the details of how higher education institutions can jump on the bandwagon of digital transformation and set themselves apart, let’s discuss why it has become so important to do it in the first place.

Benefits of Digital Transformation in Higher Education

Initial resistance to digital transformation and the use of new technologies is expected. The process of undergoing change can be overwhelming, especially if you are uncertain about the outcomes. However, once you take the leap, you open several doors of opportunities for your institution that otherwise wouldn’t have been possible.

Besides, digital transformation in higher education is the need of the hour, considering that the ongoing pandemic has been upending things in the industry. Digital delivery of services is allowing higher education providers to serve students better while tapping into new audiences.

Digital coursework simulations and virtual labs make it easy for instructors to deliver personalized and interactive lectures. Mobile computing, on the other hand, makes for easily accessible support services and integration of remote learning experiences.

Simply put, investing in digital transformation in higher education has greater chances of paying off in the long run than spending on equipment and facilities. The key is to go digital in every function and department.

Modern-day students expect real-time access to information when and how they want it, an effortless connection with peers and instructors, and a personalized learning experience that adds value and equips them with the necessary knowledge and skills. The only way to cater to their needs is by capitalizing on the latest digital tools.

Does it Mean You Have to Hire Additional Staff to Meet the Students’ Needs?

You may think that a successful digital transformation warrants the hiring of additional team members, but that’s far from the truth. You can benefit from off-shore managed services and tap into the expertise of a professional, talented workforce without incurring the high costs and challenges of growing your team.

Pansoft Technologies offers a unique solution integrating the latest and most effective technologies to power higher education institutions. Our team of Oracle and Ellucian Banner experts will help you cut down your operational costs and offer a user-first personalized digital experience to the students.

Top 4 Technological Tools in Higher Education

Higher education institutions are making serious investments in digital tools and technologies. Below are the top four technological tools that our integrated solution offers.

1. Blockchain

Blockchain is a decentralized, transparent, and incorruptible database that helps institutions cut downtime and storage costs. It also eliminates the need for third-party authentication, significantly reducing transaction costs. Higher education providers are using Blockchain to enhance their institutions’ credibility by digitally issuing and verifying academic credentials.

MIT was one of the first universities to adopt Blockchain in 2017. The university’s administration employed Blockcerts, a standard for digital credentials, for issuing digital certificates to students. These digital diplomas shared the design of MIT’s paper-based diplomas, which made them credible.

2. Oracle On-Premise

Oracle on-premise services include a wide range of software, including Oracle E-Business Suite (EBS) and Oracle Fusion Applications. With the Oracle EBS, educational institutions use robust customer relationship management (CRM) and enterprise resource planning (ERP)systems. Ithaca College, a private liberal arts college, has integrated Oracle EBS into its campus. The college’s administration decided to use Oracle’s on-premises software and cloud offerings to automate planning and financial functions.

3. Oracle Cloud

Georgia’s Valdosta State University (VSU) is leveraging both on-premises Oracle BI software as well as Oracle BI Cloud Service to make their programs more efficient. These solutions allow them to identify students who are likely to drop out or fail, to make timely decisions, and boost student retention.

Oracle offers innovative cloud solutions for higher education providers, allowing them to enjoy greater sustainability and promote student success. At Pansoft Technologies, we offer the following Oracle solutions for institutions.

Oracle Human Resources:

Oracle Human Resources allows higher education providers to support the employee lifecycle with an integrated solution that takes care of human resources, payroll, and position control tasks.

Oracle Finance:

This Oracle solution aims to promote security, efficiency, reliability, transparency, and compliance. It improves decision-making and governance across the higher education institution.

4. Ellucian Banner

The Arkansas State University (ASU) system serves 23,000 students in universities across Arkansas. The authorities recognized the need for a unified, robust system that could combine their existing resources, increase collaboration, and support future growth. Hence, this year, the ASU System decided to choose Ellucian Banner as its cloud-based ERP system to meet their growing computing demands.

Ellucian Banner is an excellent enterprise resource system (ERS) strengthening the departments in higher education institutions. It offers self-service options and enables users to access information anytime, anywhere.

With this integrated student information system, you can lay a strong foundation for a digital campus, where communication between users is clear, information retrieval is easy, and everyday tasks are accomplished with optimal efficiency.

The flexible cloud technology helps you save money when it comes to maintaining enterprise systems so that you can invest more in innovative IT initiatives.

5. Data Analytics Software

Sharda University uses Oracle Analytics Cloud to understand and track admission trends. In this way, the institution determines industry demand and expectations.

For a successful digital transformation in higher education, institutions need to digitize their decision-making processes as well. This is where data analytics software comes in!

The key to success is to have an efficient data collection strategy in place to stay on top of students’ performance reports and campus operations. Presenting the collected data in a way that promotes positive changes in the institution may be the most important thing you can do to forge your way into the digital world.

You need to find a way to use the gathered data in a meaningful way to make wise, well-informed decisions on behalf of the institution.

Let’s Join Hands for a Successful Digital Transformation in Higher Education

Pansoft Technologies is an IT consulting, services, and products firm that offers a full range of managed services along with end-to-end implementation and off-shore support and development of modern technologies and tools.

We strive to drive successful digital transformation in higher education while helping institutions reduce their operational costs. In collaboration with Ellucian, we offer an innovative solution for enterprise resource planning to ensure efficient student information management. We also help institutions improve their digital academic credential verification and validation process through Blockchain.

Moreover, our experts pave the way for information drivers to make informed decisions by capitalizing on the power of analytics and dashboards. With us, you can expect 24/7 support for a sustainable digital transformation in higher education!

Pansoft partners with Ellucian to drive digital transformation for higher education providers

By | News

Key takeaways

  • Through this partnership, Pansoft offers an integrated platform of Enterprise Resource Planning, blockchain and analytics tailored to help institutions stay compliant with the regulatory framework, embark on a digital transformation journey and drive student success.

  • This partnership will help address the specific and significant market opportunities and strengthen the joint value proposition through closer proximity to customers. Pansoft will focus on the key areas of digital transformation and change management in the higher education sector.

Pansoft, an expert in the implementation of digitalisation technologies, is pleased to announce a new partnership with Ellucian, the leading provider of software and services built to power higher education, to bring its flagship Enterprise Resource Planning (ERP), Ellucian Banner to more institutions.

This move brings Ellucian and Pansoft closer to customers. Pansoft’s experience in database management, identity and access management, blockchain and analytics and provides Ellucian’s higher education customers with a proven implementation partner.

Ellucian Banner enables the delivery of a coherent student experience and facilitates better organisational alignment through data integration across departments. The solution creates a central repository for student information, enables easier access to information from mobile and other devices, as well as provides tools to improve student success rates. By freeing up time and resources in the planning process, students and staff will be able to better focus on their mission of boosting the economy through education.

“Pansoft partnered with Ellucian as it provides us an opportunity to grow organically without changing our business model. The strategic collaboration helps us blend our collective expertise in shared technology platform and the higher education arena. Our Professional Services Practice is a natural fit into Ellucian Partner Program” commented Nazim Shaikh, CEO at Pansoft.

“Alongside competencies and capabilities, Pansoft shares Ellucian’s Customer First vison, having implemented a strategy of customer proximity and intimacy. This, coupled with Pansoft’s existing portfolio of complementary offerings and a track record within higher education makes this an exciting partnership that will further add value to our customers in the Middle East” said Maged Fahmy, Global Head of Alliances and Channel at Ellucian.  

About Ellucian:

Ellucian is the market leader charting the digital future of higher education with cloud-ready technology solutions and services, Ellucian serves more than 2,700 customers and 20 million students in over 50 countries.

To find out what’s next in higher education solutions and services, visit Ellucian at www.ellucian.com.

To know more about Pansoft and Ellucian’s collaborative offerings, visit Pansoft at https://www.pansoft-tech.com/home/ellucian-banner/.