What Is The Difference Between ERP And Enterprise System?

Enterprise system and Enterprise Resource Planning System terms are similar but there is difference between an enterprise system and an ERP system. An ES or enterprise system is a large scale system which includes packages like ERP and CRM. ERP is a subset of Enterprise System or it can be said that ES is a superset of ERP. It contains a variety of solutions. ES contains applications and packaged solutions which can be directly used in an enterprise. On the other hand ERP system is the automation of the business processes and the solutions are in the form of modules which are designed according to the client’s requirements.

The functions are customized according to the client’s business environment. Enterprise system does not include architecture of other solutions whereas an ERP implementation automates systems using technical aspects. ERP system includes architectures and databases and is client server architecture. The system is server based therefore the consultant needs to be aware of the technical aspect too.

Another difference between an ES and an ERP system is that the ERP is aimed at improving the functionalities of the organization whereas the ES helps to improve the overall maintenance and accuracy. It provides for better solutions and aids in decision making. ES is difficult to implement compared to Enterprise resource planning and even the timeframe needed for implementation maybe more. The overall impact is high but so are the risks involved. If the ES is not implemented in the right manner, it can cause business failure and if implemented properly it can increase the efficiency and profits of the business organization. It is normally required when there is a big drawback in the current procedures and methodologies in the organization and need to be corrected. The company going in for enterprise system needs to be careful while choosing the software and the vendors due to the risk of failure involved.

The difference between an enterprise system and an ERP system is that ERP is mostly used for medium scale companies to big companies and ES is restricted to the big companies. There are many complex functions involved in big companies which cannot be provided solutions for alone by ERP. The role of ERP is restricted when compared to enterprise system because it does not include customer relationship or vendor management.

These applications are needed when the business process is complex and on a big scale. Therefore bigger organizations need to go with ES instead of enterprise resource planning alone. ERP is also an important system to streamline the internal processes but it does not provide for taking care of the external processes. Enterprise system takes care of the end to end business process of organization since it involves other applications also like SCM and CRM. There is quite a lot of difference between an enterprise system and an ERP and it depends on the company whether it wants to go with an ES to streamline the entire process starting from supplying, production and customer or whether he wants to go with an ERP system to streamline the internal process.

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Visualwize Chess Training Software: A Review

Chess enthusiasts of all levels are always seeking ways to improve their chess skills, so that they can win at chess games, whether they play professionally or socially.

One of the most effective ways to improve your chess skills is to use a chess visualization software, which enables you to practice and improve your visualization skills. Visualization is one of the most important skills you need to succeed in chess.

A program that is apparently gaining a lot of popularity and is helping many people to improve their chess is Visualwize Chess Training Software.

Let’s address the basic questions on this software.

What is it?

Visualwize is a chess training software that trains your ability to have a clear mental picture of chess moves before you make these moves on the board. This enables you to assess the implications of your moves before you make the actual moves. This therefore enables you to play better at chess, as you will be able to make the right decisions and avoid making some mistakes that would make you lost a game.

This program has 240 visualization training exercises which are designed to develop your visualization skills. It has and more than 1200 moves to visualize. These moves are real moves made by a master player in real chess games. With the software, you can train to visualize up to 8 moves ahead.

The program consists of 4 levels, level 1 being rather easy and level 4 being hard. You can order the level that suits your needs. For those who really want to significantly improve their skills, level 4, the complete program, is recommended.

How does it work – what does the program actually do?

In simple terms, the program shows a chess position from a game between two chess masters, and then, with arrows, it shows the next few moves that have been made in that position by the renowned chess masters. The arrows stop in a position where a tactic, i.e., a combination that wins the game exists.

Unlike other programs and books that use written annotations for the moves, this program uses arrows on the board. This means it reflects a realistic playing scenario, and you don’t have to take your attention and eyes from the board to read written annotations.

This is one major factor that separates this program from others that are available on the Internet today. Rather than building up the skill of moving your eyes between notation and the board, Visualwize trains you in the art of seeing unfolding moves without actually affecting the board.

On the website where the program is offered, there are many informative and short videos that you can watch, which describe how the program works.

Why is it important – what benefits can you get from this program?

It is recommended that chess players wanting to take their chess to the next level use this program because it offers several benefits:

  • You will be able to see more chess moves ahead, before you actually make any move on the board, giving you an opportunity to assess the consequences of every move before you make it.
  • You will avoid making mistakes which can make you lose a game in an instant.
  • You will make the most of your training time since you will be able to easily visualize the notation below chess diagrams.
  • You become an efficient and effective chess player – you won’t need to calculate variations several times over because you will be able to clearly the consequences of your move in your mind, saving you a lot of time.
  • You will make a wise investment that will help you significantly improve your chess – the program is favourably priced at only $30. If you were to hire a chess coach, you would pay a very high fee per hour of the coach’s time to train you.
  • It is convenient – once you purchase the program, you can train at any time of the day or night, as much as you want.

With several books and programs on how to improve chess, available today, Visualwize is considered to be a cut above the rest among many chess enthusiasts.

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Advantages and Disadvantages of Biometric Time and Attendance Software

First of all let me ask you what you understand by time and attendance software? Have you ever been asked to log in as soon as you enter office and the main gate of the office has a Biometric machine that takes in your finger prints and allows you to enter the office premise? Yes, these are the time and attendance software being installed in a company.

Biometrics consists of methods for uniquely identifying a person (human being) by his/her physical or behavioral traits. There are many biometric software available in market for such purpose and their use is widely known. One such use is Biometric time and attendance management software.

Those days are gone when we had to punch in cards or sign into a register to tell the other person that we are present. Just as paper checking has been changed from manual to computerized, identifying a person and letting him in your office has been changed from manual to biometrics.

There are many benefits of having such methodology in your office. Such as:

• Accurate timing: When a person looks at his watch and enters the time there is a slight chance that he may see the wrong timing and write. Whereas with biometric time and attendance software there is no possibility of such mistake. The user does not need to see or check the time, it automatically gets logged in.

• Less error: There is no scope of human error here.

• Profit to company: If it’s accurate and correct the company will definitely gain from it.

As everything has a good and bad side this too has its disadvantages, such as:

• Extra cost to company: Biometric software and machine cost a lot more, so installing such software need a good investment money wise.

• Extra management: Remember when every employee is logging his own timing when he comes or leaves; there is no extra management here. But, if you are putting a machine there has to be taken some care of it.

Biometrics time and management software is really helpful when creating payrolls for employees. Once a definite timing has been registered you don’t need to think twice before creating the employees pay.

Many homes are also using such kind of software to have a safe and secure home. Biometric software is really helpful when you need security in your home as well as in office. There are many companies all over the world providing such biometric time and attendance software. You just need to keep an eye on the technologies and websites that are providing you these.

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Double Towel Racks – The Easy Way To Increase Space

Bathrooms almost always pose a storage challenge. They often have minimal space to do all the jobs we need to do in there and to store everything we use while we're in there.

When a bathroom is shared by a couple of people, or even an entire family, unique storage challenges come up, and they require unique solutions. When, say, four people use the same room for bathing, an obvious problem is: where do you put all the towels? Bathroom hardware manufacturers came up with a better solution: double towel racks.

A traditional single towel rack provides sufficient space to dry one towel. If you've got four people using four towels each day, and you have a typical bathroom, you'll need a wall covered with towel rods to provide enough drying space.

Double towel racks provide an innovation solution to this all-too-common bathroom storage problem. You'll find double towel racks come in traditional finishes like polished chrome and polished and antique brass, and popular finishes like brushed nickel and oil-rubbed bronze. You can find economic versions of double towel racks in unfinished wood and ceramic-and-plastic. Regardless of the amount the wall space you have available to install this hardware, you'll find one to fit your space; They come in the range of standard sizes.

If your bathroom is short on storage, you'll usually be open to considering any new space-saving solutions. You can find bathroom suites with a double towel racks installed below. Imagine-in the space where you could normally dry a towel or two, you can double your hanging space, and have room to store a few fresh folded towels and other bathroom essentials, too.

Double towel racks are an excellent solution when you've got lots of damp towels to handle, but other solutions do exist:

• Install a row of pegs or hooks along the wall of the bathroom.
• Install one or more multi-prong hooks on the back of the bathroom door.
• Buy a shower curtain rod with a towel rack incorporated in its design.
• When you purchase shower doors, look for ones where the handles double as towel bars.
• Install suction-cup hooks inside the tub surround.
• Place a swing-arm towel bar to the wall next to your tub or shower. This way, the towel bars extend into the room; They are not limited to hanging against a wall.
• Hang a hook over the bathroom door, linen closet door, or the door of the water closet. These over-door hooks come in single, double, and multiple hook versions in colors and finishes that either stand out or blend in.
• Repurpose an old-style coat rack and use it to hang towels in the bathroom. It takes up only a single square foot of precious floor space.
• If you want to add furniture to your bathroom, look for a hall tree, which is usually reserved for use in the foyer or a mudroom. They come in many styles and finishes, equipped with hooks, mirrors, storage benches, and shelves.
• If you've fortified enough to have a sizable linen closet in your bathroom, visit the closet organization section of your home improvement store. These stores have trained personnel who can help you look at the space you have and redesign it to suit your needs.

Installing a couple of double towel racks can provide a simple way to add storage space to your bathroom. But investigate all the possible storage options for your unique bathroom design challenges. You're not limited to one solution-think creatively and combine them to make a bathroom that works for you.

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Schedule Slippage – Root Causes

“The single most important task of a project: setting realistic expectations. Unrealistic expectations based on inaccurate estimates are the single largest cause of software failure.”- Futrell, Shafer

Introduction

With global and competitive market, it is very important to launch a product or service in the market on time, ahead of competitors. Definitely, timely launch depends on on-time-completion of the product development projects. Project planning has lots of challenges to overcome in order to finish the project on time – right from schedule predictability, envisioning future/possible risks and coming up with mitigation plans.

This article talks about some of the challenges, often faced in the Software Product Development industry that causes the schedule slippage.

Schedule slippage: Delay in the project completion from its initial estimated date of completion.

Each project plan will have a planned completion date (NRA, RA), and a bounding box or upper limit in schedule. Nowadays, it is a common practice to have three dates associated with any project plan:

  • Non-Risk Adjusted (NRA) date: Project completion date assuming no hurdles – Ideal conditions.
  • Risk Adjusted (RA) date: Project completion date assuming some risks will come on the way and will need extra time to attend to them.
  • Bounding Box (BB) or upper limit: The upper limit on the project plan before which the project has to be finished under any circumstances – Generally decided by the top management based on product/services roadmap and launch in the market.

Under ideal circumstances, any project is scheduled to complete by NRA date. Considering some risks that may come on the way and would eat some time off the schedule, the project should be over by RA date. If the risks were not envisioned and hence not planned well, then project may get delayed and would complete after RA date. Project completion crossing the RA or upper limit is neither good nor expected out of a well-planned project.

Root Causes

As we always plan for a project to get over before RA date, seldom is the case it happens as expected. There are multiples reasons for schedule slippage, right from improper planning, lack of resources to unplanned requirements and rework that eat away vital time off the planned schedule.

A typical project development process – Each project will have a team (development, testing and other functions) that will work through a process (requirement analysis, schedule estimation, design, implementation and testing) to deliver a product to the customer/end user. Each entity that participate in the project – directly or indirectly affect the schedule.

From the development process, we can identify the items that can cause delay in the execution of the project – for example, misinterpreted or unclear requirement adds up to completion time, unavailability of development tools or resources can prolong the project duration. Various processes like schedule estimation, detailed design and product development if not executed skillfully, may significantly blow up the project cycle.

For better understanding all these possible causes that may result in schedule slippage are categorized .

Let’s have a detailed look at the root causes of schedule slippage category wise.

1) Schedule Estimation: “The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Stephen Covey

For a project to be executed on time, it is very important to have it planned very well. Any mistake in project schedule estimation reflects as delay in the project completion from its deadline. There are several factors that contribute to improper schedule estimation:

· Underestimation of technical complexities: At the start of the project, many of the team members may not have thorough knowledge of technical complexities and hence their estimation would be incorrect. Sometimes it may so happen that the person giving estimates for a particular task is having no idea about the technical challenges involved in carrying out that particular task. You might hear, towards the mid/end of the project life cycle when the task is not finished on time – “Oh, I didn’t know that this feature also requires 5 more tasks to be done!” or “I was thinking this task to be so simple, but I under estimated it!”. · Lack of Design/Big picture: It is important to have a bigger picture / overview of the complete project to understand how a particular module/feature would fit in to complete project. Product or system level design helps in understanding the interfaces among other modules and the required coordination for product assembly and hence, a better insight into the work involved. Often, estimates without focus on detailed design tend to deviate more from the actual time taken for finishing the job. · Integration Testing: While making a project plan, testing also needs to be accommodated in the schedule. At times, the unit testing or testing done by individual contributors on their module is taken into account but not the system level testing. Toward the release, when all the individually tested modules are brought together, a system level or integration testing is a must. Having the time for integration testing not accounted in the overall project schedule will cause delay in the project completion.

· Unplanned dependencies: Project planning is not only about breaking the project into minute tasks and managing them. A well-planned project schedule also needs to consider certain unplanned dependencies. Some of these are:

o People: Optimum utilization of human resources calls for same set of people working in multiple projects. A person may not be available to work for currently planned/assigned project due to extended/unplanned work in another parallel project. Another issue related to people could be unplanned/unexpected attrition that will affect the project plan. Time is also lost in mentoring of new member by a senior (more experienced) person which goes unaccounted if not planned.

o Tools & Equipments: Project can be delayed if team is waiting for release of upgrade or procurement of any vital tool (hardware or software being used in the project) or if the equipments required for development and testing are not available. “We had a 3-months project for validating our existing solution on new product platform using customer DUT (device under test). We had to wait for the DUT for nearly 1.5 months as it got stuck in customs. After getting the DUT, we realized that it’s been damaged partially during transportation. As a result we had to ask for another DUT and whole project took more than 5 months to get finished.” – I am sure that such cases will be quite familiar to many organizations. Other reason for timely unavailability of tools / equipments is that they are shared among various projects to reduce the operating cost. Any unplanned dependency on their usage or wrong assumption about availability of these shared resources would cause delay in the program. Team members might have to work on shifts to optimize the usage of shared resources which can cause reduced work hours and/or productivity loss and results to schedule slippage.

“I was waiting for Matlab license to be released by another person in the team but he left the office without doing so and I lost 3 hours figuring out what to do?” – is it something you faced before?

o Other programs: If multiple programs have deliverable dependencies, then delay in one project will have cascaded effect on other projects, which directly or indirectly depend on its deliverable. “We got delayed because we had to wait for a critical UI component from the framework project team” or “We didn’t plan for bug fixes for a component which was supposed to be delivered defect free for our usage” are the common scenarios for delays in program which are dependent on other program deliverables. Parallel programs may affect the schedule of your program in a different way as well – Sometimes, management changes the priority of the programs running in parallel. If your project is considered as a low priority one then there might be lack of resources assigned to your project that may result in schedule slippage.

· Beta releases: How many times we seek feedback on our product during development? And how often we allocate time for it? It’s important to plan beta releases if we desire to have our product validated by expert users or lighthouse customers during development. Getting feedback from beta customers becomes important especially when their requirements echo that of a mass customer base. Process of giving workable releases to customers, collecting their experience, having their feedback analyzed, and then incorporating in the final product version takes significant time.

· Risk mitigation and plan B: Every project will have some or the other risks. These risks can be of varying severity and probabilities. While making project plan, it is important to treat the risk individually based on their severity and probability of occurrence. If high probable risks with higher severity are not planned with their mitigation plan (or plan B), they will have huge impact on schedule deviation from planned one. As in one of the previous examples quoted, getting a DUT on time for validation was a risk. Had there been a mitigate plan (plan B) like – Validate with other DUT or if DUT is not available here, let one developer travel to customer’s place and finish the validation on time, the schedule slippage would have been avoided.

2) People: Ultimately, projects are executed by people who may not be skilled or talented. Hence, looking for perfection in projects involving human beings may not be a feasible thought. Certain unpredictable and hence unavoidable issues under this category are:

· Poor leadership: Before thinking of project execution, it is project planning that actually would set the platform of success. Execution of the project depends on its team while planning is taken care by the project leader. The project leader is expected to have enough technical know-how to understand the project goals and to the details of the tasks involved. Poor leadership and superficial knowledge of assignments often results in invalid effort estimation and ad hoc task delegation causing stress and possible delay in project execution. People leading the team are also responsible for keeping the team spirit and motivation level upbeat. Poor personal commitment due to lack of motivation results in loss of productivity and may cause schedule to slip. Another reason that adds up to delay in projects is inability of leadership team to track the schedule progress and take the correction action.

· Attrition: If the project duration is large and job market is hot, it may be difficult to retain people in the project till its completion. Attrition may further delay the completion especially if the person leaving the job was in critical path. A person leaving the organization would leave a gap in the project that a new person may not fill immediately, which in turn causes sudden reduction in the task force.

· Learning curve: When ever a new person or team member is included in the project, he or she may require some time to understand the project to keep in pace with other members. Learning curve is needed for new team members, joining the team either due to attrition or due to any specific technical competency requirement. · Context switching: In smaller organization or groups where people work on multiple projects simultaneously, it is important to have some buffer for context switching. A person planned to work in project ‘A’ for two hours after a gap of two weeks, would take more than scheduled time to complete that task. Gap of two weeks and the fact that he or she was involved in other project would require some time for the member to get back to the context of current project. · Global development teams: In an era of globalization and outsourcing, it is common these days to have development team distributed over different geographical regions. Project plan needs to account for different time zones and working culture. You might expect an input for your task on Monday morning your time but it may be Sunday late evening for that person and finally when the input arrives, you might be on your way to home after work.

Sometimes schedule estimation might go completely wrong if you have not understood the work culture of the region your teammate belongs to – “In my previous work, I was given a task to be completed with a heads up that its very critical task and needs immediate attention’. When I asked my project lead how many days/hours I have for it, I had been time for 2 weeks for high priority and ‘immediate-attention’ work.” Definition of ‘urgent’, ‘high priority tasks’ changes with culture and region.

· Communication Issues: People communicate differently. If important issues are not brought to the notice of the team members, or are not escalated on time, the entire project may suffer. Often fear of embarrassment stops team members from reporting issues faced during execution leading to more time being spent on that task that can easily be executed additional help.

3) Customer Involvement: These issues are quite serious if customer or end users of the product are involved in the development phase. Understanding customer’s priorities, defining your expectation from their involvement needs to be clear and in agreement with both the parties.

· Expert user testing: In the beginning of the project, expert user testing cycle needs to be planned. Process of giving builds or releases for testing and collecting their feedback, analyzing and incorporating them in your product takes significant time which, if not planned, can delay your program. · Timely feedback: “I got feedback from customers for features, delivered in development milestone-1, after milestone-5 towards the release. These feedbacks are critical but now I am worried how to incorporate them without affecting the schedule.” It sounds like a common problem. Incorporation of feedback from customers needs to be planned well taking a commitment from the customer. · Product requirement specification review: Having a product requirement review planned and executed will keep you on right track throughout the project. Reviewing the requirement specification will avoid requirement related defects fixing which otherwise would have delayed, the project.

4) Ambiguous Project Requirement: For any project to be initiated, the first thing is to have requirements for it. In the product development life cycle, requirement phase acts like a foundation. Clear requirement or vision for the project navigates the team to success. However, requirements may not be clear at the time of estimation and may result in delay in the project completion. Issues related:

· Evolving specs: If you are making a product based on a standard which is not yet matured or still evolving, you are more prone to have this risk. Frequency changes in the specs will change the requirement for the project during different stages of product development and team will continue to work on something that is not yet evolved. This results in rework that would delay the project if time for dealing with these changes is not accommodated in the schedule. “We developed an algorithm and hence measurement that was based on certain industry standard. Towards the release of the product, the specs changed and our measurement was no more valid. We had to redo the algorithm to reflect the changes in the specs. This caused our product release delayed by 2 months.” · New requirements: Sometimes new requirements are added as the project evolves towards completion. Implementation of new requirements is not planned at the beginning of the project and hence is not accounted in schedule. Adding new feature without revising the schedule may result in delay.

· Untold expectation: Requirements from the customers may be of two types – implicit or explicit. It is important to have the requirements well documented. Implicit requirements needs to be better defined and documented to avoid any confusion towards the end of the project. Customers may not describe their requirements related to system performance, memory issues, user interface quality and usability but they are very keen on providing feedback in those aspects once the product is given for expert user testing. If we are not clear about such requirements, out design might not address them. Addressing them towards the end of the project may call for design changes and extra work that would delay the project.

5) Unplanned Tasks / Reworks: Bounding box for the project is set by higher management and often lack buffer for unplanned task(s). Having more of unplanned task that creep up at different phases of project can cause schedule slippage. The unplanned tasks or rework may arise due to:

· Sustaining work: In smaller organizations, some of the project team may also be responsible for sustaining / customer support of existing products. These unplanned tasks, which come on event basis, related to customer support are always of high priority. Excess or prolonged sustaining work may take resource out of the planned project causing a potential threat for schedule slippage. · Defect fixes: Defects are bad as they degrade the product quality and consume extra time/effort to fix them. It is good to have testing of the intermediate releases of the project to find and fix defects sooner in the development life cycle. If the fixing-cycle for such internal-milestone defects is not planned, then either the project is either going to slip or product is going to be of poorer quality. Poor programming skill of the team, not adapting to modern programming practices and having ad hoc development processes may lead to higher number of defects which would take more time to fix then planned and cause slippage.

· Task spillover from previous milestone: Tasks that are not completed in previous milestone, due to whatever reason (inefficiency, vacation of the team member, resource crunch etc), will have to be completed in the next milestone thereby increasing the load on the team. If adequate buffer is not planned, these tasks spilled from previous milestone over to next, can delay the project. · Requirement change / refinement: Requirement changes during the product development will result in rework of what has been previously done with first version of requirement(s). Addressing changes in the requirements needs extra time and effort and may cause schedule slippage. In some cases, the requirement from customer is misunderstood resulting in wrong system design and implementation. Additional, unplanned time is lost in correcting the design/implementation which causes schedule slippage.

Conclusion

On time delivery is the challenge software development companies are facing globally. To have a complete control over estimated schedule, it is very important to identify the elements in the development cycle that cause schedule slippage. This article uncovers and explains the root causes of delay in programs using examples from real world. Having an insight to the root causes will help the program managers to make good decisions to avoid future schedule slippage.

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Can You Upgrade a Maya Student Version to a Full Commercial Edition?

The Maya 3D software from Autodesk has long-been a staple tool for the production of the highest level of Visual Effects and animation for Oscar-winning blockbuster movies, TV shows and video games.

Students who are looking to secure themselves commercial work upon graduation these days typically need to show some familiarity with this software…ideally the more the better, since most companies these days use Maya as their main software package, and many have it deeply integrated into their own proprietary pipelines and tools – meaning that the situation is unlikely to change for the foreseeable future.

Students who take the opportunity currently afforded them of purchasing a copy of the Maya Student Edition do well since they are able to improve their skillset on the full Unlimited version of the software, and do so at a huge discount (the student edition typically retails for around $350).

However, a number of students wonder if they also qualify for a discount later on if they wish to upgrade to a full commercial edition of the Maya software. Jumping from graduation to commercial work can be a challenge, so any way to alleviate the expense of setting yourself up as a freelancer is more than welcome…but can it actually be done?

Upgrade Maya Student Edition To Commercial License?

Yes, you’ll be pleased to know that there is a program available where current owners of a Maya student license are able to upgrade to the full commercial license at a massive discount of around 60%…in other words, a full commercial license of Maya would typically cost around $3,900, but student license holders are able to upgrade their current license to a full commercial one for just $1,300.

This is huge, and can be a real lifesaver for folks who want to go it alone and start their own freelance business but are wary of the huge costs involved.

In fact, if you’re smart about it and don’t mind a little negotiation, the license could even be purchased with a down-payment from your first client before you even begin working on their project.

Such a huge discount on the student to commercial upgrade is a great incentive for students, especially at this economic time, and it also makes purchasing the Maya student edition in the first place a sensible option, since you get access to these kinds of discounted upgrades.

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Mortgage Loan Origination Software – 10 Functions of Mortgage Banking

Regardless of a mortgage lending organizations’ size, mortgage loan software, data security solutions and automation tools and services should be able to assist with mortgage loan automation requirements. In today’s chaotic mortgage lending environment origination and document security systems need to be easily configured to emphasize a company’s special needs and increase efficiencies across all aspects of the loan origination process, allowing lenders to increase quality and productivity.

Technology-driven automation is the key to succeeding in the increasingly complex, deeply scrutinized mortgage industry. Web-based (Software-as-a-Service), Enterprise mortgage software that supports the ten primary functions in mortgage banking will provide lenders with the necessary competitive advantages to succeed in today’s mortgage industry.

Ten Primary Functions in Mortgage Banking

  1. Mortgage Web site design, implementation, and hosting to provide product, service, loan status, and company information to mortgage customers and business partners
  2. Online loan applications for gathering information from borrowers and business partners that issue loan terms, disclosures, and underwriting conditions
  3. Loan origination software for managing loan data, borrower data, property data, general status reporting, and calculations
  4. Interface systems to send and receive data from real estate service providers, such as credit reports, flood determinations, automated underwriting, fraud detection, and closing documents
  5. Internal automated underwriting system that is simple enough for originators and sophisticated enough for underwriting portfolio loan products
  6. Document generation for applications, upfront disclosures, business processes, and closing documents
  7. Integrated imaging that is used from loan origination to investor delivery and for file archiving
  8. Interest rate and fee generation along with program qualification guidelines
  9. Secondary marketing data tools to track loan revenue and investor relationships, including warehouse line management and interim servicing to complete the back-office system
  10. Reporting such as loan delivery, year-end fee reporting, and HMDA reporting for loan application disposition

Web-Based, enterprise mortgage software that supports the ten primary functions of mortgage banking simplifies compliance, maximizes operational efficiencies, and increases profitability.

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The 4 Elements That Makes Up A Personal Computer System

There are 4 elements that make up a personal computer system: the user, software, hardware and the electricity all working together for the whole system. Each of these elements is essential to the system itself.

The user is the person's who perform the task using the computer system. The nature of the task depends upon the application program or software that is needed to perform the task. The software that the user used requires certain hardware components to function properly.

The hardwares of the personal computer system are made up of its equipment that are usually connected (the computer, monitor, printer and so on). It is defined as hardwares because you can physically touch these components. The programs are called softwares since their function can only be used when the computer is turn ON. Software is a set of coded instructions that the computer uses in order to carry out the user's tasks.

The user can only use the computer when it is turned ON. Without any electrical power to run through the personal computer system, it will not function. The ability of the personal computer system to control its components is through a series of on / off signals.

Here is how it works, when a user tries to type a document or a letter using his / her personal computer. The first thing the user do is to turn ON the power for the computer. Choosing a Word Processor software in order to write the document. The user uses the hardware such as the keyboard to write the content of the document; The typed document is then displayed onto the monitor screen. After the user finished writing his / her document. The user will use the software to instruct the printer to print the document. The software works together with the hardware components (the keyboard, monitor and printer) to accomplish the task that the user requested.

All of the four elements: the electrical power, hardware, software and the user work together to make up a personal computer system.

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How to Watch Satellite TV Online Without Any Satellite Dish

Anyone can watch satellite TV online without any satellite dish system nowdays. In case you do not know, this article would show you one time-tested and another new revolutionary way to watch satellite TV on the internet without having to set up a satellite dish.

Many of the older generation grew up in an era of satellite dishes, especially for those who live in the rural areas where cable do not exist. The dishes are transmitters and together with receivers are conduits for TV signals to be displayed as visual images and pictures on our TV screens. However, they are not always pleasant. Set up can be tough and definitely not for those who are not good with their hands or have poor technical skills. Satellite dishes have grown smaller in recent years but they used to be larger than 6 foot monsters in earlier days. If that irks you, you would be relieved to know that you can watch satellite TV online just like many others without satellite dish system.

What are the hardware and PC requirements you need to set up your 'satellite-dish less' PC satellite online TV?

1. A Good PCTV Card

A PCTV card can be installed onto your computer to make your computer work like a satellite television set. Such cards come in the form of internal or external hardware. If you are familiar with the inside of a computer, then an internal card could be a good choice since they tend to be cheaper and more affordable. However, do not bother yourself when you find it too troublesome to fix it internally because there are external cards that work more like plug-and-play gadgets. They cost more and can set you back easily by a few hundreds. As long as your PC has a spare USB port, this option to watch satellite TV online is open to you.

2. PC Requirements

I would suggest you check your systems configuration before you start shopping for a PCTV card. Most cards require a minimum Pentium 3 333MHz system to run well but remember to note down the specifications like RAM, hard disk space, Operating System, etc before you head to the stores.

3. Ready Internet Connection

PCTV cards work well with both dial-up and broadband connections. However, I have a word of advice here. Dial-up transmission runs like a snail and is a really serious party spoiler. You can end up more frustrated than glad that you are watching the program. Go for broadband connection if you can afford to.

Okay, now that we have discussed about the older commonly accepted method to watch satellite TV online, we will look at another new revolutionary technique. This requires the usage of PC satellite TV software which can be downloaded easily. The setup is simple and all it takes is downloading the software and clicking a few buttons before you are ready to watch satellite TV online from more than 3000 channels. Awesome is not it?

For more information on this PC satellite TV software, do a read up at my satellite TV blog.

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How Car Mechanics Use Technology

Do you know why it’s important to find a good mechanic or a good repair shop to repair your car? The reason: it could save you hundreds of dollars in parts and labor! When we say a “good mechanic” or a “good repair shop”, we’re referring to mechanics who are equipped with the latest technology. You don’t want to entrust your car to a shop with outdated machinery and equipment because it will take longer to arrive at a diagnosis. And the longer a mechanic takes to make a diagnosis, the larger your bill for labor!

Remember that car mechanics charge by the hour.

Car repairs can cover any one or a combination of the following (note that this is not a complete repair list).

• Air conditioning checks

• Air bag checks

• Electrical wiring

• Cables

• Clutch service and repair

• Transmission repair

• Wheel Alignment

• Suspension

• Brakes

• Heating system

• Oil and lubrication

• Battery

• Power windows

Much of the troubleshooting that mechanics use to diagnose a problem is facilitated by car repair technology.

Ever noticed how some lights on your panel come on when something’s wrong? In most cases, an experienced mechanic will know immediately what the problem is, but there are instances where it will take sophisticated technology to lead to an accurate diagnosis.

Sophisticated technology comes in many forms and one popular one is troubleshooting software. Companies like Auto Tech have a software program that car owners can use to find out what is ailing their vehicle.

Most car owners who were cynical about software programs before should seriously consider purchasing a reliable car troubleshooting software program. For instance, some programs start out by asking you to input your car make and model number, the year of the car and what kinds of equipment it has. The software features a large database of information about all cars in the market and a car owner simply follows the steps when prompted. It employs what the industry calls a “tree diagnosis” where logical steps take you through the entire diagnosis process.

After you’ve keyed in your car’s profile, you use the drop down menu to choose the symptoms that your car is exhibiting. For instance, if you choose “squealing brakes”, the program mimics the squealing of brakes and if that’s the sound you hear, you confirm it and the program recommends a series of steps.

You may not really want to use a troubleshooting software, but imagine how much time and money you could save if you spoke to the mechanic intelligently, letting him know that you’re in the know.

Students who are studying towards certification buy certain tools of the trade. A couple of examples are Snap On and Mac Tools. These two are the most popular in the United States and Canada.

Mechanics now have a wide range of technology tools to help them understand car problems better: digital multimeters (electronic measuring), boroscopes (testing heat exchangers), fuel diagnostic testers (testing and balancing fuel injectors) and other such new technologies.

New car mechanic technologies help shorten the learning curve and speed up diagnosis so that the car owner isn’t saddled with too many labor hours.

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