PayPal has received the green light from the Reserve Bank of India (RBI) to resume bank withdrawals for settlements involving exports of goods and services, but personal payments remains suspended.
Real-estate Pro Version 2.0
It is the complete end to end solution for all stages in a Real Estate Project Life Cycle. Customers have the flexibility to purchase add-on modules along with the basic Real Estate Management system for management of pre-construction, construction and post-construction stages, pre-launching, launching, agents, customers.
Complete College Management Ver 3.2
An College Management Software solution for managing educational institutions such as colleges, schools and universities. Having been developed based on open source technologies, it includes Admission module, Hostel Admission, payroll module, fees module, library management, course management, Laboratory etc.
Inventory Management Pro Ver 4.3
Inventory Software is the universal program for Inventory Control & Materials Management Software from simple invoicing to complex inventory control system designed specially to meet the requirements of small and medium sized enterprises(SME).
Retail Store Invoicing & Inventory management. 2.5
One of the best retail management software packages, It is a complete point of sale, ecommerce and invoicing software. If you’re looking for a pos system that can provide inventory control, full accounting, sales/inventory tracking, ecommerce / web store, plus a whole lot more, then this is the pos software you need!
HR & Payroll pro Ver 5.0
HR pro manages staffing, induction, HRIS, attendance, leave, payroll, training, appraisals i.e. all such HRMS activities from candidate entry till employee exit. The beauty of opting for our integrated software is that you do not need to worry about multiple data entries, multiple master creations or data migration hassles.
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1. Take advantage of the cost-advantages!
Outsourcing development work to India can give you access to cost-effective services. The same services with the same level of quality are offered in India for a much lower cost! This cost-advantage has increased the number of services that are being offered to India. Services such as PHP Development, Web designing , Portal development, etc can help you save up to 60% of your total costs when outsourced! Getting access to high-quality services at a cost-effective price is the biggest benefit that you can get while outsourcing. Outsource your projects and reap the benefits of low cost of development. 2. See an increase in your business Another benefit of web based outsourcing is seeing a big increase in your profits, productivity, level of quality, business value, business performance and much more. Outsourcing can help you see an increase in almost every aspect of your business. Outsource and see your organization experience an increase in every aspect with these benefits of outsourcing. You can concentrate on your ongoing projects in place of increasing working employees overheads. 3. Save Big ! on Profits , Time , Quality, Productivity. One of the another benefits of outsourcing is that you can save on every aspect of your business and increase your profits. When you outsource, you can save on time, effort, infrastructure and manpower. Since you don’t have to invest in infrastructure, you can also save on making unnecessary fixed investments. Outsourcing removes the burden of changing or maintaining infrastructure. You can also save on capital expenditure. Outsourcing can also help you save on training costs, because you do not have to invest in manpower. These savings will help bring about an increase in your revenue. Your organization can also save on investing in expensive software and technologies. 4. Get access to specialized services By outsourcing you can get expert and skilled services. This benefit of outsourcing has been the key reason why several outsourcers opt for outsourcing. The function that you outsource may not be your core competency but you can find an outsourcing partner who is specialized in that particular business process. Your outsourcing partner will be able to provide more proficient services. This is yet another benefit of outsourcing, because if you perform all your business processes in-house, you will not be able to provide specialized and skilled services. Outsourcing can give you this advantage. Fable Outsourcing Division offers a wide range of specialized business process outsourcing solutions to global clients. Outsourcing business processes to us has enabled clients to cross-leverage our skills and expertise across industry verticals and technologies to achieve greater efficiency and quality levels in the outsourced process.
At Fable, we have dedicated teams that offer outsourced services across a range of services which include Web Development , Web creative Designing , Maintenance Services, Open Source Technologies Services, E-commerce Services, Software Development, Internet Marketing Services, Offshore outsourcing Services and Creative Services . |
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Fable WEB outsource company providing services for corporate or individuals interested in designing their design and development needs of web based projects. Based in India, we are pioneer in providing total offshore and onshore web based solutions for small to large enterprises. customized business solutions and a broad range of IT services. Our strategic initiatives have helped our clients globally according to their requirement and above there development prediction.
Fable Company is an Offshore outsourcing company in India, provides cost effective, time bound and value added services for Knowledge Intensive Business Process that require specialized domain expertise.
Since our inception as a Web Development Company, we have providedVirtual Workforce, Offshore Hiring and Web Application Development solutions to clients in USA, UK, Canada and Australia. Through a series of strategic business moves, We reinvented our core services to help organizations to off shoring or outsourcing their domain based process.
Efficient deployment of critical resources and effective management of people processes has significant impact on customer service levels and business profitability. We provide businesses with highly experienced offshore outsourcing consultancy and expertise designed to leverage their outsourcing investments.
Wants to HIRE a professional ( PHP Developer, Web Designer, SEO Expert ) … View packages
What You Can Use WordPress For
WordPress started as just a blogging systems, but has evolved to be used as full content management system and so much more through the thousands of plugins, widgets, and themes, WordPress is limited only by your imagination. (And tech chops.)
Connect with the Community
In addition to online resources like the forums and mailing lists a great way to get involved with WordPress is to attend or volunteer at a WordCamp, which are free or low-cost events that happen all around the world to gather and educate WordPress users, organized by WordPress users. Check out the website, there might be a WordCamp near you.
A Little History
WordPress was born out of a desire for an elegant, well-architectured personal publishing system built on PHP and MySQL and licensed under the GPL. It is the official successor of b2/cafelog. WordPress is fresh software, but its roots and development go back to 2001. It is a mature and stable product. We hope by focusing on user experience and web standards we can create a tool different from anything else out there.
Check out our designed wordpress design : http://demo.fabletechnologies.com/wordpress/demo3/
21Feb10
Drupal 6.15 and 5.21 released
Drupal 6.15 and 5.21, maintenance releases which fix issues reported through the bug tracking system, as well as non critical security vulnerabilities, are now available for download. Both releases fix other smaller issues as well.
Upgrading your existing Drupal 5 and 6 sites is strongly recommended. There are no new features in these releases. For more information about the Drupal 6.x release series, consult the Drupal 6.0 release announcement, more information on the 5.x releases can be found in Drupal 5.0 release announcement.
A day after US President Barack Obama reiterated his plans for creating new jobs, amid rising double-digit unemployment in the US, India’s nearly $60-billion outsourcing industry remained hopeful that its top export market will continue to grow with more companies seeking to cut costs by outsourcing work to low-cost locations.
On Wednesday, Mr Obama vowed in his first State of the Union speech that he will make creation of local jobs his top priority in 2010, and hinted that his government could end tax breaks for companies creating jobs overseas.
This is not the first instance of Mr Obama upping his anti-outsourcing rhetoric. In May last year, he had said American companies’ shipping jobs overseas will be required to pay more taxes, and that tax-deferral benefits for such companies will be ended. “It’s a tax code that says you should pay lower taxes, if you create a job in Bangalore, India, than if you create one in Buffalo, New York,” Mr Obama had said.
Som Mittal, president of Nasscom, the country’s association of software exporters, said Mr Obama has several short- and long-term pressures to cope with, but that does not mean any significant impact for the outsourcing industry. “We will be their solution and not the problem,” he said in an interview.
The proposed ‘jobs bill’, which is aimed at creating more local employment in the US, is focused at reviving manufacturing, retail and construction jobs. Last year, Mr Obama had suggested that his government would end tax incentives for American companies creating jobs overseas by removing ‘deferred tax’ on foreign income for these companies. However, no specific proposal has been brought forward to outline the execution of this move.
Outsourcing of software development, support and maintenance is gradually emerging as a source for competitive advantages–and a source for headaches, too–for a number of companies
Recent study by Gartner attributed the first year-over-year revenue drop suffered by the IT services industry in 2002 to growth in offshore services, which is pushing down the prices. Forrester Research says that the offshore outsourcing is going to rise from 12 percent of corporate IT budgets in 2000 to more than 28 percent in 2003. Meta Group predicts that as much as 50 percent of U.S. IT workers will shift to contract labor by 2007.
A CEO of a young IT products company recently said on the panel of a popular Washington, D.C. event that by outsourcing its R&D center to Bangalore, India, his company was able to develop products very efficiently, effectively and with a minimal amount of cash. With only a $15,000 to $20,000 monthly cash burn rate, his company was able to compete against 4- or 5-year-old VC-backed companies that had raised multi-millions.
But is that all there is to outsourcing–reduced cost? What are the various things that one should consider while employing outsourcing? Industry experts say that there is a lot that stays hidden but has an enormous impact on the decision to outsource. Let’s examine the experiences of these people to understand what it takes to successfully outsource a project.
Outsourcing Is More Than Labor ArbitrageLabor arbitrage–the ability to pay one labor pool less than the other–has definitely modified the fundamentals of outsourcing. Also, the availability of a greater number of equally qualified people–India produces 75,000 IT graduates every year as compared to 26,000 in the United States–has played a big part in the growth and efficacy of offshore outsourcing.
However, there is more to outsourcing then just lower HR expenses. There are many areas including vendor selection, communications, technical oversight, security/privacy and specialization, which all need to be considered while outsourcing work offshore. Studying best practices in these areas is a must if you want to be successful. Five things will help you achieve that.
Select the Right Vendor
As an industry, outsourcing has matured. There are many documented benefits and pitfalls of outsourcing. The general awareness has reached such a level that the case for outsourcing has been pretty much made. Now the prevalent question has changed from “Why outsource?” to “Outsource to whom?”
How you select your vendor will have a significant impact on your success. There are a host of questions that you need to get answers to. You need to establish selection criteria to evaluate vendors. You need to understand your core competencies, your business needs and how they relate to the core competencies of the vendor. You need to evaluate the industry knowledge of each vendor and their processes and methodologies, including CMM, ISO9000 or TQM certifications. You need to understand the cultural diversity and the impact that it may have on communications and development efforts.
One startup company that tied up with an outsourcing company in India had to constantly answer this question while seeking outside investment: “How are you going to assure that you have this effective development organization in India with all of the negative things going on around the world?” It was able to address this concern easily because it wasn’t the only company using Indian development centers. Its vendor was also supporting a number of other U.S. companies that were much larger and prominent than the startup. The vendor had enough redundancy and resources for backup and recovery to ensure continuous operations in emergency situations.
Do Your Homework
An entrepreneur that is using outsourcing to build his startup venture said, “Outsourcing is not going to be an easy process, but it can be relatively simplified if you know what you’re getting into.” Outsourcing is quite different than contracting, more specifically time and material (T&M) contracting.
T&M contracting–the more prevalent form of IT contracting–usually entails getting people to join your team to complete the work. The client keeps the control and tells the contractors what is needed, when it is needed and how it will be done. The project management, resource planning, scheduling etc., are all done by the client.
On the other hand, in the case of outsourcing you ask the vendor to deliver you something and it is responsible for the complete development and the delivery of the final product. In this case the vendor is responsible for project management, resource planning, scheduling etc., hence it calls for a different type of preparation than T&M contracting.
In outsourcing, the completeness and thoroughness of business analysis is very critical. You need to ensure that your analysis specifies each and every aspect of the proposed job.
The lessons learnt mentioned by a panel of CEOs discussing outsourcing in a recently held Washington, D.C. event included requirement specifications and documentation. These companies spent a large amount of time writing the specs and completing the documentation that they then handed over to the vendor. They broke their specs in multiple modules, which could be much easily communicated to the development team as compared to the complete system. They developed elaborate matrices to measure the final product. They communicated this matrix to the vendor well in advance. Their suggestion? Don’t even think about outsourcing if you are not willing to develop detailed specs and the measurement matrix.
It’s the ProcessIn outsourcing projects, even though the project management, resource planning and scheduling is done by the vendor, the client still has to monitor the vendor. The lack of proximity to the vendor puts a greater importance on the process that is employed to communicate the work, to get the work done and to report back the progress.
That is why many companies are putting greater emphasis on the certification like CMM, ISO900, TQM, etc., as compared to the technical resources of the vendors. The vendor must deploy a consistent and high quality process for analysis, design, development, QA, reporting, project monitoring and management. The client and vendor must have a clear understanding about the process. Otherwise, the project will fail.
Other than SDLC processes and certification, another critical aspect is the outsourcing contract. The contract should be flexible enough to be able to address various late-stage concerns and modifications.
Protect Your IP
When the software is developed in a far-away place that you do not visit very often and where you do not have control, it can raise doubts about the protection of your intellectual property rights. How you go about protecting your IP will have a great impact upon the success of your company, not just the success of your outsourcing initiative.
One company split its system into multiple pieces and worked with multiple companies, finally integrating all pieces and coming out with the eventual product. This way none of the outsourcing vendors have a clear idea about the eventual product. They only knew about the modules that they worked on, not the whole picture.
Communicate Well
A common problem that the software people face is the miscommunication of requirements. A CEO of a company that outsourced work to India once mentioned that while developing software in the United States, he had same communication issues while developing software in India. However, when the development is in a different country, the problem can be exacerbated. How you address this will have critical bearing over the success of your project.
You need to develop thorough communications that address all foreseeable issues, including the time difference between different locations, the language and cultural differences, whether video conferencing capabilities exist, etc. Such a plan should specify how often you communicate, who will set up the agenda, who will initiate the discussion, etc.
IT outsourcing has been gaining momentum for some time. The industry has matured to a very good level. A number of big and small companies have consciously made an effort to pursue outsourcing on a strategic level and they have set up many good and bad examples. Getting your IT work done offshore has many advantages, but it also comes with a number of risks. If you do not address those risks and take care of all the areas mentioned above, then your outsourcing project may become a nightmare for you.
Following a crackdown by India’s bankingregulator in the wake of recent anti-money laundering legislation, PayPal has suspended cross-border and internal personal payments in the country. The digital payments provider has offered consumers little explanation as to the causes or indeed the expected duration of the blackout.
On January 28, and with no prior warning or announcement, US-based PayPal suspended all personal payments and transfers to Indian banks. Users can still make commercial payments, but merchants cannot transfer funds from their PayPal accounts to local Indian banks. Users were given no notification of these changes, with payments being reversed mid-transaction in many cases.
PayPal’s only public comment on this issue was released a week later as a relatively informal statement on the company’s blog, offering little explanation as to the causes of the halt in service. The cryptic explanation stated: “Personal payments to and from India and transfers to local banks in India have been suspended while we work with our business partners and other stakeholders to address questions they have about the service.”
While PayPal remains silent on the underlying reasons for the stoppage, press reports speculate that this is due to recent Indian legislation regarding anti-money laundering initiatives and the fact that PayPal by its very nature cannot authorize the identity of most of its users. The New York Times further claims that, according to the Reserve Bank of India, PayPal is not properly authorized to provide cross-border money transfer services. PayPal has since admitted in a press interview that it may take months to resolve these personal payment issues, but the company is hopeful that users may be able to transfer their funds to Indian banks within days.
The moves are expected to hit smaller-scale technology companies and tech freelancers particularly hard. Inonline forums and message boards, disgruntled Indian users report having essential funds frozen by the company with no ability to transfer these to another bank. As time passes and PayPal provides little further information, anger levels are rising and negative messages are proliferating online. Moreover, due to the companies’ close dealings, the shutdown has also had a negative impact on eBay India.
PayPal’s poor level of public engagement risks turning what should have been an unfortunate (if unavoidable) problem into a potential disaster. Regulatory issues are likely to prove problematic to any transnational payment firm but, nevertheless, PayPal’s reluctance to communicate the underlying issues behind this stoppage is likely to have severe and potentially long-term repercussions within the Indian market and, indeed, further afield. While geographic borders may be hindering its business model due to regulations, online awareness knows no such boundaries and this negative consumer sentiment is likely to spread to other markets.
Furthermore, regardless of PayPal’s lack of communication, this stoppage also serves as a warning to other payment providers. In many cases the underlying payment technology has surpassed the speed of regulatory adaptation, and these problems are likely to recur in the coming years as the online payment market matures internationally and the mobile payment market sees further growth.
With international money laundering a growing concern, challenges such as these will only multiply in the future. These problems are somewhat unavoidable, but payment providers would do well to plan in advance and develop a more effective PR strategy to deal with these issues as they arise.
Google doesn’t really want to pull out of China, and the Chinese government doesn’t really want it to go, but there doesn’t seem to be an obvious compromise to end the censorship dispute they’re embroiled in. Still, the fact that Google is continuing to censor its search results suggests that the closed talks they’re engaging in haven’t broken down, and some movement may be possible.
