SaaS Glossary - Essential Terms Defined

File conversion is the process of taking a file of one format and changing it into another. This is especially handy since you may one day work with files which are not compatible with the different programs you need to use.

A Full text search is that which compares every word in a document, as opposed to searching an abstract or a set of keywords associated with the document. Word processors and text editors contain full-text search functions that let you find a word or phrase anywhere in the document.

Fundraising Management is the process managing fundraising events such as engaging individuals, businesses, charitable foundations, or governmental agencies and people who manage these events are called fundraising managers. A fundraising manager is someone who manages the fundraising department for an organization or nonprofit entity. He or she is responsible for overseeing all the fundraising functions of the department. Responsibilities include managing the budget, managing workers or volunteers, organizing events, developing donors, and grant writing. These managers must create effective strategies for maximizing donations. They oversee the workforce of paid or volunteer individuals and must keep them on task. They create, teach, lead, and manage the people responsible for bringing in ...

Feedback management is simply the process of collecting feedback from team members or employees and making changes in your operational processes for improving OKR assessment. By welcoming feedback from your employees and colleagues, you can improve several processes, operations, or accounts.

Fixed asset management is the process of tracking and maintaining an organization’s physical assets and equipment. Asset types include vehicles, computers, furniture and machinery. Fixed asset management enables organizations to monitor equipment and vehicles, assess their condition, and keep them in good working order. In this way, they minimize lost inventory, equipment failures and downtime — and improve an asset’s lifetime value. Fixed assets such as servers, transport trucks and elevators require a large capital investment. They may comprise a large portion of a company’s net worth. In some businesses, as much as 40 percent of investment goes to buying equipment and vehicles. The better and more effectively a company manages its assets, the greater the prospect of maximizing v...

Gamification is the process of incorporating game elements into nongame environments, like a website, online community, learning management system, or a company’s intranet to increase participation. Gamification aims to involve customers, staff, and collaborators in order to encourage them to cooperate, share, and communicate.

A general ledger represents the record-keeping system for a company's financial data with debit and credit account records validated by a trial balance. The general ledger provides a record of each financial transaction that takes place during the life of an operating company.

A GST report is a document containing details of all income/sales and/or expense/purchase which a taxpayer (every GSTIN) is required to file with the tax administrative authorities. This is used by tax authorities to calculate net tax liability. To file GST reports or for GST filing, check out gst.cleartax.in website that allows import of data from various ERP systems such as Tally, Busy, custom excel, to name a few. Moreover, there is option to use desktop app for Tally users to directly upload data and filing. If GST reports are not filed within time, you will be liable to pay interest and a late fee.

You can view several calendars at the same time with a group calendar. When planning a team meeting, for example, a group calendar is useful because it shows the availability of team members and conference rooms.

A government contractor is a private company that produces goods and services for public government agencies. Contractors become employed by the government by winning contracts that are out for bid.