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Digitalization is commonly characterized as the only ‘silver lining’ of the otherwise tumultuous period since 2019. Due to lockdowns compelled by the Covid-19 pandemic, many organizations and industries have had to suffer losses or even closure but those that embraced

A recent article in the Forbes magazine tried to deconstruct the meanings of the commonly used terms ‘digitization’ and ‘digitalization’ and in doing so clarified that digitization is the straightforward term for shifting form analog to digital whereas digitalization is

Over the past two years, the demand for online services has sky-rocketed following the Covid-19 pandemic compelling restrictions on travel & contact. Organizations that embraced digitalization have managed to stay afloat, thrive even, while those that failed to do so

The ban on importation of vehicles following the global pandemic has hampered the growth trajectory of the motor insurance sector of Sri Lanka. That being said, the sector has managed to stay afloat by embracing digitalization for continuity of services.

The Sri Lankan insurance industry has shown resilience during the Covid19 pandemic by embracing digitalization for delivery of services & this is common to general as well as motor insurance. Motor insurance was also impacted by the ban on imported

According to the Sri Lanka Insurance Report published by KPMG in 2020, the industry is bound to rely heavily on digitalization in years to come. Insurance is still seen as a luxury in contexts such as Sri Lanka. In 2019, the

The Sri Lankan insurance industry is one of the first to successfully adjust to the “new normal”. It did so by customizing its offering by introducing hospitalization as well as death covers for Covid19 as well as embracing digitalization for

Sri Lanka eased restrictions on travel on August 2 restoring ‘normalcy’ although many citizens are still preferring to work remotely, from their homes. The country’s public transportation has resumed but the daily death toll remains high over 100 which begs

Sri Lanka is leading in vaccination against the global pandemic but health authorities have warned citizens to be extra cautious about the Delta variant which has been detected from several Districts. Against such backdrop, organizations are compelled to explore creative

The insurance industry has been impacted by the global pandemic like any other industry but through innovation the health insurance as a class of insurance has managed to rise from adversity.

The insurance industry has been impacted by the global pandemic in a manner similar to any other industry but through innovation the health insurance as a class of insurance has managed to rise from adversity. In Sri Lanka, insurance was

Sri Lanka’s insurance industry is highly agile and innovative. During the early stages of the pandemic outbreak many players modified their product offerings to include Covid-19 coverage thereby becoming one of the first industries to successfully adjust to the ‘new

More often than not, managing petty cash is an accountant’s worst nightmare. If not settled on time, petty cash transactions accumulate making the processing of same a rigorous and time-consuming affair. Especially for small scale businesses not managing petty cash

In Sri Lanka and the world over, the corporate landscape changed rapidly over the past two years due to the Covid-19 pandemic which established ‘Work From Home’ (WFH) as the status quo

The demand for digitalized services surged as a result of the Covid-19 pandemic restricting contact and travel. Locally as well as globally, organizations resorted to virtual platforms to ensure continuity of businesses notwithstanding the challenges posed by the unprecedented global

Bangladesh is one the fastest growing economies in South Asia with a GDP growth rate of 8.2% in 2019. Even against the context of a global pandemic, the country has managed to thrive due to its proactive response against Covid19

Bangladesh is one of the pioneers in the South Asian region to embrace and extend digitalization to all areas including commerce, education & governance. According to the country’s Minister of Post, Telecommunication & information technology, Mustafa Jabbar: “All commercial activities

Bangladesh is a South Asian nation that has witnessed significant progress in a number of areas over the past decade including economic indicators such as GDP growth where the country posted an impressive 8.2% growth in 2019 notwithstanding many challenges

Even with the world gradually returning to normalcy in the aftermath of the global pandemic, working remotely is likely to be the preferred choice by the majority of the global workforce given that it is highly convenient and safe with

Insurance is one of many global industries to have witnessed a rapid transformation following the global pandemic outbreak. Health insurance incorporated Covid19 coverage to their products while the motor insurance industry transformed how claims are handled embracing the ‘new normal’

Insurance is one of many global industries to have witnessed a rapid transformation following the global pandemic outbreak. Health insurance incorporated Covid19 coverage to their products while the motor insurance industry transformed how claims are handled embracing the ‘new normal’

Expense management is a crucial part of any business. Given the current circumstances however, companies have been compelled to adapt and digitalize their operations to ensure continuity. Most businesses have taken their operations online to facilitate greater convenience, accessibility &

Managing processes within organizations has become increasingly easier after many of the services were automated or digitalized thanks to the process of digitalization being accelerated due to the pandemic outbreak since the latter part of 2019 owing to restricted

Insurance is one of the most important services in the world today. It is also an industry known for its adaptability & agility constantly evolving to ensure the services offered are innovative, competitive & relevant. Following the Covid19 pandemic outbreak

Digital transformation was bound to happen sooner or later across all industries and organizations but the process was undoubtedly accelerated due to the Covid19 pandemic. The world over, every service today

There is only one silver-lining to the Covid19 pandemic that has costed millions of lives and severely impacted the global economy over the past two years: Digitalization. From shopping for groceries to