SaaS Glossary - Essential Terms Defined

Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM). Workforce analytics falls under the broad umbrella of people analytics -- also known as HR analytics. While the terms are sometimes used interchangeably, people analytics is a broad term that refers to all aspects of acquiring and managing employees, while workforce analytics is often more narrowly focused on workforce-planning issues. As with many aspects of HR, the ideas behind workforce analytics have shifted greatly as a result of technological innovation that offers far more insight into employee data. In that respect, modern workforce analytics digs deeper, wields more influence and presents i...

Academic reports are used to present and discuss the results of an experiment, survey, or another research method. These reports often require a specific layout and the inclusion of a certain set of sections namely Introduction, Literature Review/Background, Methods, Results, Discussion, Conclusion. In the introduction to your academic report, you present the research topic or question and explain why you chose to study that topic. In the literature review/background, you will briefly summarize work on this topic that other researchers have conducted, including their findings. The methods section is where you describe the steps you took in your research. In the results, you will describe the results of your study. In discussion, you will discuss the implications of your findings, explainin...

An integrated accounting system is a type of software that combines major financial accounting functions into one application. Integrated accounting systems furnish information regarding the cost of each product, job or operation as well as comprehensive information about the profit or loss of an entire organization.

Accounts payable include all of the company's short-term debts or obligations. For example, if a restaurant owes money to a food or beverage company, those items are part of the inventory, and thus part of its trade payables.

An annotation and markup tool is a text or drawing tool that helps you add information to text, an image, a database, or any other piece of content. These tools can also be used on various formats such as a whiteboard or PowerPoint presentation, to annotate the selected content.

Asset Categorization is a process for systematic segregation of the assets into various groups, based on the nature of the assets, by application of the accounting rules so as to make proper accounting under each group. The groups are later consolidated at the financial statement level for the purpose of reporting.

An applicant tracking system acts as a database for clients. It is used by companies of all sizes to organize, search, and communicate with large groups of customers. Its main goal is to make life easier for organizations by automating and searching for specific applicants.

Auto call recording and advanced telephony capabilities allow you to get rid of partial recollection of telephone calls, improve sales performance, and always stay on top of your customer and prospect relationships.

"Academic" Education is generally defined as education that has learning as its primary purpose. Some institutions and educational systems have equated academics with "university " but this is not always the case. This differs from Vocational education which has a primary focus on "preparing to perform in a workplace"; or "life education" which may have a purpose of preparing to live better. These different education approaches have their origins very much in the past, but are still (unfortunately) often adhered to by many existing educational systems. The modern world has however changed dramatically and the rate of change continues to accelerate. It would stand to reason that these "old" concepts for differentiating types of education need review, if not outright change

Asynchronous learning allows you to learn on your own schedule, within a certain timeframe. You can access and complete lectures, readings, homework, and other learning materials at any time during a one- or two-week period.