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What is run rate? ARR definition, formula, and examples

A run rate is a rough estimate of a company’s annual earnings based on monthly or quarterly financial performance data. Often called an annual run rate, or ARR, this number is usually calculated by taking the revenue results (using a revenue formula) from either a single month or a single quarter and annualizing the sales data to forecast what the company’s total profits will be that year.

What are the Characteristics of an Effective Hybrid Workplace?

Remote work has been on the rise since the abrupt transition from physical to virtual workplace because of the COVID-19 pandemic. Organizations and companies have seen the need to adapt to the virtual setup to continue their operations. With an effective hybrid workplace, the quality of work and the team’s engagement could be maintained in the post-pandemic.

10 Best Customer Service Tracking Software

Customer service tracking software helps organizations collect, manage, and respond to customer support requests. Customer support tools can also gather tickets from various communication channels like emails and phone calls and organize them on a single platform. But with so many customer support tools out there, which one should you pick? Don’t worry. We’ve got you covered.

What Goes into a BPO Agreement: 12 Points to Include

BPO or Business Process Outsourcing involves hiring a third party to perform a business function for you. Today, even small businesses and startups have realized the viability of BPO to save costs. But if you’re thinking of outsourcing, you first need to have a BPO agreement in place. Not sure how to draft one? Don’t worry. We’re here to help. In this article, we’ll take you through the important points to include in a BPO agreement.

How to Choose the Best Chat Application for Defense?

Communication is important in any successful business, but it is highly important in defense when it comes to pursuing each day-to-day operation, duty, and obligation, every piece of data helps to keep the activities running smoothly. Any flaws or errors can obstruct the defense collaboration jeopardizing the entire situation, costing lives, and sabotaging national security.

7 Techniques to Help You Monitor Your Team's Workflow

Whether you’ve already got experience running a big project or you’re about to oversee a team for the first time, knowing the right techniques to monitor workflow effectively makes the process a lot more manageable. Many teams inherit outdated project management software, coupled with techniques that should have been dismissed years ago. Some even use a combination of different systems or, worse yet, continue to manage all of their projects offline.

7 Best RescueTime Alternatives 2022 [Review, Pricing]

Looking for the best RescueTime alternative? While RescueTime is a user-friendly time tracker, it isn’t perfect. It’s not great for task tracking, and doesn’t have any payroll features or many integrations. That’s why we’ve compiled this list of powerful RescueTime alternatives to help you track time and boost productivity in no time!

17 Customer Satisfaction Survey Questions and Templates

In this post, we’re covering everything you need to know about customer satisfaction (CSAT) surveys, including: For your business to survive and thrive, measuring customer satisfaction is key. You need to take frequent pulses on how your customers feel about your brand, products, services and interactions to identify pain points and benchmark your performance over time.

What is Customer Service Week? +8 virtual ways to celebrate it

Customer service jobs can be tough during normal times, but the pandemic has made things even harder. Over the past year, customer support agents have been dutifully fielding a sky-high number of queries from customers worried about canceled flights, ambiguous insurance conditions, delayed packages, and other urgent and emotionally-loaded issues. Customer engagement has reached record highs all while service representatives have been adjusting to longer hours, new technologies, and remote work.

HaloITSM New Features Q3 2021

As we head into the fourth quarter of the year, we would like to take the opportunity to provide you with an overview of some of the key new features that were recently released. As an organisation, we would like to thank all of those who have provided feedback and suggestions for new features. We have and continue to take into account our clients ideas, in addition to our pool of thoughts internally. Overall, we’re making sure everything you need is all in one place.