Volume 11 | Issue 10 | October-2023

 Abstract

This study examines the rapidly growing payroll outsourcing industry through the lens of SWAS Pay, a new market entrant adopting a Software-as-a-Service model. The global payroll outsourcing market, valued at $9.9-$12.01 billion (2021-2024), is projected to reach $15.5-$24.36 billion by 2033, driven by a 5.04%-7.45% CAGR, as organizations prioritize cost efficiency, compliance automation, and scalable HR solutions. SWAS Pay's hybrid approach combines full-managed payroll services with AI-driven SaaS technology, targeting small-to-medium enterprises (SMEs) in BFSI, healthcare, and IT sectors that seek to mitigate risks associated with multi-state operations and complex labor regulations. The paper analyzes three critical success factors: (1) Operational efficiency through automated tax compliance and error reduction, (2) Cost optimization by eliminating in-house payroll infrastructure and training costs, and (3) Strategic HR reallocation, enabling clients to focus on core business functions. SWAS Pay's competitive differentiation lies in its integrated compliance dashboard, real-time analytics, and dedicated account management SwaS feature that bridge the gap between software automation and personalized service. Implementation challenges include data security concerns inherent to third-party payroll management and the high customer acquisition costs in a market dominated by established players like ADP and Paychex. This abstract synthesizes market data, operational strategies, and competitive positioning specific to SWAS Pay's context, while adhering to the structural requirements of academic abstracts.

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Strategic Outsourcing for Operational Efficiency: A Case Study of Payroll Transformation at SWAS Pay

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The outbreak of COVID-19 led to profound shifts in societal behviours, including a notable uptick in pet adoption as individuals sought companionship during periods of lockdown. This research investigates the consequent expansion of the pet care industry in urban India, with a particular focus on its anticipated market growth and underlying consumer trends. Projections suggest that by 2025, the Indian pet care market could burgeon to a valuation of $2.8 billion, propelled chiefly by heightened pet ownership rates, especially in major metropolitan hubs like Bengaluru. This study employs a mixed-methods approach, combining quantitative data analysis with qualitative insights garnered from interviews, surveys, and industry experts. By examining the perspectives of both pet owners and service providers, it aims to provide a comprehensive understanding of the evolving pet care landscape in urban India post-lockdown. The research elucidates the concerns of pet owners transitioning back to work routines, necessitating reliable and tailored pet care solutions to balance their professional commitments with the needs of their pets. Key findings underscore a burgeoning demand for convenient and personalized pet care services encompassing pet sitting, grooming, veterinary care, and behavioural training.

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The Evolution of Pet Care Services: Meeting the Demands of Modern Pet Owners

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Cybersecurity risks have promulgated the researcher's argument for efficient and effective models for managing incidents. Most traditional methods of executing tasks entail using human resources, which results in slow performance and costly errors. Understanding the new role of AI and ML applications in RPA for optimizing the progressive execution of automated incident management in contextualizations of cybersecurity is crucial for this paper. With the integration of AI and ML, the RPA can analyze large volumes of data and find inconsistent patterns and probable threats quickly; hence, better responses can be made. This paper also reviews different AI and ML approaches that might be applied to ensure efficient threat identification, pattern recognition, and incident resolution. Only practical examples are presented to illustrate the algorithms' effectiveness. Further, the paper presents primary issues and alternatives that cover technical issues and ethical concerns regarding the employment of AI-activated automation. As highlighted in the study, adopting RPA by incorporating AI and ML enhances service delivery and minimizes the time and resources needed to manage the incidents. Therefore, it is a rich source of knowledge enhancement for modern cybersecurity mechanisms.

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RPA, Cyber threat, IBM security, Cyber security

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Green banking is an emerging trend in the global banking industry, with the aim of integrating environmental sustainability into financial practices. This research paper delves into the concept of green banking, explores its significance, and assesses its implementation across various financial institutions. By analysing secondary data from industry reports, scholarly articles, and case studies, this paper provides insights into how green banking contributes to environmental conservation, supports sustainable development, and encourages eco-friendly practices within the banking sector.

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Green banking, Sustainable finance, Environmental sustainability, Eco-friendly banking, Green investments, Financial services

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This seminar paper will analyze the important role of microfinance in fostering business development in small businesses. Microfinance, as a financial service, aims at extending credit, savings, and insurance to people without access to conventional banking; it is proving to be a very powerful tool for entrepreneurship and economic empowerment. This paper discusses the transformational effect of microfinance on micro and small businesses with regard to resultant opportunities and challenges. Accordingly, this paper aims at analyzing the role of microfinance as regards its contribution towards propelling the growth and sustainability of micro and small enterprises. It reviews and analyzes the financial constraints from among such firms and shows how microfinance helps raise a capital of an enterprise to begin, expand, and invest in their companies. It also researches on the role of MFIs in delivering appropriately developed products including microloans, and business training that addressed the respective specific needs of the micro and small business owners. The seminar paper also explores the extended impacts of microfinance on micro and small business development. Thus, it moves on to examine how microfinance could help trigger job generation, poverty reduction, and economic growth through its benefits of income generation and entrenchment of local economies. On the social and empowerment effects of microfinance, the social paper engages in discussions around financial inclusion expansion, improvement of livelihoods, and enhancement of gender equality. However, the seminar paper addresses challenges and limitations of microfinance in micro and small business development. The issues are on high interest rates, constrained access for capital to specific sectors, and lack of efficient skills in the management of business by entrepreneurs. Strategies suggested in overcoming the challenges of microfinance would include enhancing financial literacy among entrepreneurs, strengthening the capacities of MFIs, and encouraging collaborative services between microfinance providers and relevant stakeholders. In a nutshell, the paper concludes that microfinance actually acts as a bridge in helping micro and small-scale businesses to sustain growth and development. It provides access to financial resources and further entrepreneurial activities as a critical determinant of opportunities, poverty reduction, and eventually economic empowerment. Thus, the outcome of this seminar paper continues to emphasize support and innovation of microfinance for maximum impact in the development of micro and small businesses.

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microfinance, micro and small businesses, entrepreneurship, economic empowerment, financial inclusion, microfinance institutions.

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Diaspora refers to the displacement or scattering of people from their original geographical homeland or region to some other land or region. It is often used to describe communities or groups of people or individual who have been forced to leave their ancestral lands and relocate to other regions of the world. Diaspora refers to the sense of displacement, nostalgia and alienation. In postcolonial literature, the concept of diaspora plays a vital role in exploring the themes of identity, displacement, hybridity and cultural resilience. Postcolonial writers have drawn the issue of diaspora in their works as central theme to explore the impact of colonialism on individual, community and culture. Amitav Ghosh is one of the prominent postcolonial writers, who is captivated with diasporic issues such as displacement, alienation, exile, immigration. Ghosh's novel The Shadow Lines is one such work which aims to depict the struggles of diasporic individuals and their battle to create and maintain a concrete identity. This research paper is an attempt to discuss identity crisis of diasporic characters and their search for identity in the novel The Shadow lines.

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Diaspora, Identity, Displacement, Memory.

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At present, the G-20 group is an influential global organization of the world's 20 most powerful economies and some powerful regional groups. However, the G-20 group was established in 1999 to discuss and resolve policy issues related to international economic cooperation and development. But to emerge from the global economic crisis that came after the collapse of Lehman Brothers, the summit of G-20 group was held in Washington, USA in November 2008. In this conference, the scope of the G-20 group was expanded to the level of finance ministers, central bank governors and heads of state as a forum of the world's major developed economies and emerging new global economies. It was designated the "major forum for international economic cooperation" at the G-20 group's third summit in Pittsburgh in September 2009. Since then, the G-20 summit is being organized every year. This year, India has got to host the 18th session of the G-20 group from December 1, 2022 to November 30, 2023. The G-20 group initially focused largely on macroeconomic issues, but its agenda later expanded to now include global issues such as trade, climate change, sustainable development, health, agriculture, energy, environment, terrorism and corruption. Problems have also been given space in it. The purpose of my research paper also focuses on suggestions based on the need to become aware of the scope and importance of the G-20 summit in the present times.

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G-20 group, sustainable development, climate change, international economic cooperation, summit, global economic crisis.

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Sangeet Ki Duniya Ke Jadugar Naushad Sahab

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Sangeet Ki Duniya Ke Jadugar Naushad Sahab

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This paper offers an exploratory analysis on the application of artificial intelligence (AI) in medical imaging during the diagnosis process with an aim of increasing both accuracy and efficiency. The constantly growing complexity of medical imaging data coupled with the huge burden of doctors to reach appropriate diagnosis promptly and accurately, has led AI into the domain of assisting medical practitioners interpreting their studies [1]. Through a comprehensive analysis of existing literature and research, this study considers how AI improves diagnostic precision, cuts down interpretation time, and allows early diagnosis of diseases in different medical imaging modalities namely MRI, CT scans, X-rays and ultrasound. This research adds to the knowledge of how AI can transform the imaging practices and healing process through the emerging of opportunities and constraints related to the implementation of AI-assisted medical imaging [1]. Moreover, this paper discusses AI's role in imaging for the providers, patients, and healthcare system together, and how it has revolutionized drug recognition and patient care. Furthermore, the implementation of AI-powered medical imaging devices in clinical workshells involves the account of numerous issues such as compliance with rules and regulations, compatibility with the existing healthcare system and user opinion. Pilot studies and implementation trials conducted in actual clinical settings realize AI algorithms contribute to the process of care workflow design, resources involved and patient outcomes assessment.

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AI, artificial intelligence, medical imaging, diagnostics, accuracy, efficiency, early detection, healthcare, technology, MRI, CT scans, X-rays and ultrasound

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The paper attempts to analyze the profitability of State bank of India for the period of Ten years. Apart from studying the trend of different components of both income and expenditure, performance of the bank has been analyzed with the parameters like OPTWF, ROA, ROE, ROI and EPS. There is a significant difference not only between the components of income but also across the components of expenditure. The paper concludes that the profitability performance of the SBI is not consistent during the study period. The bank should focus more on diversification of income and should also curtail operating expenses in order to improve profitability performance.

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Income, Expenditure, Operating Expenses, Profit, Interest.,

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