In the business realm, there is no one generally accepted standard definition of scalability. However, the primary definition seems to be strongly related to the growth potential of a company, that will increase profits and grow revenue while avoiding cost increases. For example, if a business requires hiring more employees every time sales need to […]
Tag Archives: Nexio
Innovation has transformed the financial services industry in the last twenty years. Technology has changed everything. Traditional banking models are being left behind with the rise of financial technology (fintech). The term fintech refers to software and other modern technologies used by businesses that provide automated and improved financial services. Fintech companies are a result […]
Yes, money is covered in germs. No, coronavirus isn’t making it worse. Amid the reports of COVID-19 about symptoms, statistics, protective gear shortages, school closures and more, you may hear an occasional tidbit or two about the safety of handling money or credit cards. The Center for Disease Control (CDC) and the World Health Organization […]
When your electricity goes out, do you have a back-up plan? Do you have a generator or solar panels? How much power will you need? Can you live on just battery-powered devices? As we are focused on the world-wide pandemic of COVID-19, we should also think of the “power” of having a back-up plan for […]
You hear talk about making business and it’s marketing efforts customer-centered, but not many companies are actually succeeding. In fact, 86% of buyers are willing to pay more for great customer experiences. And a Walker Study found that by the end of 2020, customer experience will overtake price and product as the key brand differentiator. […]
What is company culture? Company culture is the personality of the company. It encompasses the company values, work environment, ethics, goals, customs, and the behaviors shared by a group of people. One in five Americans has left a job in the past five years due to bad company culture. This is why culture is important […]
According to the Bureau of Labor Statistics, women now make up 47% of United States workers. Women are increasingly choosing careers that were traditionally male-dominated sectors. Research has continually shown that women in leadership have proven increased revenue, higher return on investment, and a rise in collective intelligence. Even with these proven benefits, women are […]
1. What is Nexio? Nexio is a payment hub: it programmatically connects direct sales merchants, through their software, to a full suite of payment services. Nearly all direct sales companies use one of the 20 back-office software partners. This back-office software has to manage all the direct sales payment chaos. 2. What is payment chaos? […]
Nexio has had a wonderful 2019. We are growing and expanding and starting a new decade, we want to share with you a few of our highlights from the past year. Read on! New Office Location: In August, we moved into our new corporate offices here in Orem, Utah located at the base of Mount […]