A major problem for IT staffing companies that use QuickBooks independently without a supporting add-on application is duplicate invoicing processing as well as duplicate subcontractor invoice payment processing. The second problem can potentially cause substantial loss and sometimes it may become difficult to recover the excess money paid. The problem with using QuickBooks independently without an appropriate add-on is that cannot weed out a duplicate invoice generation or stop a duplicate vendor voice from being paid inadvertently.

In a press release, the developers of CONSULT have stated that “its software is unique and one of a kind and uses special algorithms and proprietary technology that can easily weed out duplication problems in IT staffing companies even without an audit.” The spokesperson speaking about the feature said, “We value our customers’ money like our own and we don’t like to see them lose large amounts, sometimes the entire amount in a subcontractor’s invoice due overlooking or potential weak point in the accounts department.”

The spokesman told a press person gathering that duplicate invoice processing costs the IT staffing companies heavily year after year. “Our application not only brings down over payment but can also ensure that IT staffing companies are able to make the best use of the payment credit period that subcontractor vendors allow the staffing firms.” The spokesperson added.

CONSULT has after extensive research come to the conclusion that typical mid-level staffing company operators can gain up to 10% increase in revenue by using the software in financially related transactions such as timesheet submission, paying vendors and recovering payments from customers.

“It is the smartest tool that any staffing company can use for combining it with their QuickBooks to enhance its features manifold without having to depend on expensive local computer installs. Ours is a cloud-based SaaS application that can be accessed on multiple devices and is the best for IT staffing firms that want to empower their employees to work from home and beat the pandemic,” the spokesperson elaborated in response to a question.

CONSULT was developed in response to big demand from the IT staffing companies that were losing heavily due to the difficulties posed in invoice generation and vendor invoice processing. The developers have more than two decades of experience in this niche and have helped staffing firms to make a turnaround from operational losses that are common in this business. Readers can visit the company’s website for more information about the product.

The report "Global Duchenne Muscular Dystrophy Treatment Market By Therapeutic Approach and Treatment (Molecular-based Therapies (Mutation Suppression, and Exon Skipping), Steroid Therapy (Corticosteroids), Nonsteroidal Anti-inflammatory Drugs (NSAIDs) and Other Therapeutic Approaches and Treatment End Users), By End User (Hospitals/Clinics, Ambulatory Centers, and Other End Users), and Region - Global Forecast to 2029" Global Duchenne Muscular Dystrophy Treatment market is projected to grow from US $xx billion in 2019 to US$ XX billion by 2029. The rising burden of Duchenne muscular dystrophy (DMD) disease is the major factor driving the growth for the target market. The increasing prevalence of chronic diseases, such as cardiovascular and neurovascular diseases, and arthritis are the major factor boosting the growth for the target market. However, factor such as changing government regulations and norms restrain market growth.

Key Highlights:

• In April 2019 FibroGen a leading biopharmaceutical company receives orphan drug designation from the U.S. FDA for pamrevlumab for the treatment of Duchenne muscular dystrophy.

Key Market Insights from the report:        

The global Duchenne Muscular Dystrophy Treatment market accounted for US$ XX billion in 2019 and is projected to register a moderate CAGR of XX% over the forecast period. The market report has been segmented on the basis, By Therapeutic Approach and Treatment Type, End-User, and by a region.

• By Therapeutic Approach and Treatment Type global Duchenne Muscular Dystrophy Treatment market is classified into molecular-based therapies (mutation suppression, and exon skipping), steroid therapy (corticosteroids), nonsteroidal anti-inflammatory drugs (NSAIDs) and other therapeutic approaches and treatment end users.
• By End-User global Duchenne Muscular Dystrophy Treatment, the market is classified into hospitals/clinics, ambulatory centres, and other end users.
• By region, The Asia Pacific market is expected to show the highest CAGR owing to growing awareness about Duchenne muscular dystrophy and growing public and private health care insurance coverage. North America is expected to domination the market. Owing to product innovations, great healthcare expenditure, and support of government awareness programs.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Duchenne Muscular Dystrophy Treatment Market By Therapeutic Approach and Treatment (Molecular-based Therapies (Mutation Suppression, and Exon Skipping), Steroid Therapy (Corticosteroids), Nonsteroidal Anti-inflammatory Drugs (NSAIDs) and Other Therapeutic Approaches and Treatment End Users), By End User (Hospitals/Clinics, Ambulatory Centers, and Other End Users), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2029

To know the upcoming trends and insights prevalent in this market, click the link below:

Links: https://prophecymarketinsights.com/market_insight/Global-Duchenne-Muscular-Dystrophy-Treatment-3969

The key players operating the global Duchenne Muscular Dystrophy Treatment market include BioMarin, Bristol-Myers Squibb Company, Fibrogen Inc., Eli Lilly and Company, Nobelpharma Co. Ltd, NS Pharma Inc., Pfizer Inc., PTC Therapeutics, Santhera Pharmaceuticals and Sarepta Therapeutics. The Key players in the market are focusing on mutual understanding. 

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Egypt Lubricants Market size was estimated as 470.23 kilo metric tons in 2020 and the market is projected to register a CAGR of over 1.5% during the forecast period (2021-2026).

The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, the country went into lockdown, which led people to minimize the usage of personal vehicles and other transportation, thus creating a negative impact on the demand for automotive lubricants, which in turn negatively impacted the lubricants market demand in the country. However, the condition is expected to recover in 2021, thereby benefiting the market studied.

- Over the short term, the major factor driving the growth of the market studied is the expanding construction sector in the country.

- On the flip side, the decline in the sales of new vehicles and the negative impact of the COVID-19 outbreak are expected to hinder the growth of the market studied.

- Increasing demand from the wind energy sector in the country is likely to provide a major growth opportunity for the market studied during the forecast period.

Key Market Trends

Increasing Demand for Engine Oil

- Engine oil is widely used to lubricate internal combustion engines, and it is generally composed of 75-90% base oils and 10-25% additives.
- It is typically used for applications, such as wear reduction, corrosion protection, and smooth operation of engine internals. It functions by creating a thin film between the moving parts, for enhancing the transfer of heat and reducing tension during the contact of parts.
- High-mileage engine oil is in high demand at present, owing to the properties that help in the prevention of oil leaks and reduction of oil consumption.

- Most of the light and heavy vehicle diesel and gasoline engines use 10W40 and 15W40 viscosity-grade oils, whereas, multi-grade oils, like 15W50 and 20W50, are used for aircraft engines.

- The light motor vehicle segment records the highest consumption rate of engine oils among all the segments. Owing to the technological improvements and government-mandated requirements for fuel economy, the automakers have been manufacturing lighter vehicles with tighter tolerances (which make the vehicles more durable).

- The automotive production and sales in the country have been increasing significantly from the past few years, due to its low labor cost and continuous rising population. Therefore, the automotive producers are continuously investing in new facilities in the country.
- In 2020, the automobile sales in the country were 227,117 units, reporting a 32.6% increase in sales on comparing to 2019 having sales of 171,252 units.

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- Such investments are expected to contribute in the demand of engine oils in the country from the automotive industry.

Power Generation Segment to Witness Lucrative Growth Rate

- Power generation is one of the most important sectors, without which, almost all manufacturing operations may cease. Wind turbines are subject to many factors, such as humidity, high pressure, high loads, vibrations, and temperature. Gear and turbine oils are widely used in this sector for lubrication purposes.

- In general, the cost of lubricants accounts for less than 5% of a power generation company’s total operational expenditure. About 58% of the companies recognized that lubricant selection can help reduce the costs by 5% or more, but fewer than 1 in 10 (8%) companies realized that the impact of lubrication may be up to six times greater.

- The country has seen a rapid growth in the electricity consumption over the past few years. In 2019, energy consumption per capita stands at 0.97 toe, including 1 550 kWh of electricity. The total energy consumption increased by 3% in 2018 and 1.5% in 2019. The growth is mainly driven by the increasing use of electric and electronic equipment in the residential sector, as well as the growth in the industrial sector.

- Additionally, Egypt's electricity generation could end up with an enormous surplus of 74.4GW by 2035.
- Such growing investments in the country are expected to drive the market for lubricants in the power generation sector in Egypt.

Competitive Landscape

The market studied is highly consolidated among the top six players. The top companies have been utilizing competitive strategies and investments, to retain and expand their shares. The key players, namely ExxonMobil Corporation, Co-operative Soceite des petroleum (Copetrole), Misr Petroleum Company, Royal Dutch Shell PLC, and Total, are accounting for more than 80% of the market studied.

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- The market estimate (ME) sheet in Excel format
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Opportunities in the drinkware market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the drinkware market is expected to reach $12.4 billion by 2025 with a CAGR of 2.9%. In this market, glass is the largest segment by material type, whereas everyday glass is largest by product type. Players can benefit from the available opportunities like increasing use of luxury drinkware made of BPA free co-polyster.

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https://www.lucintel.com/drinkware-market.aspx

Arc International, AnHui DeLi Glassware, Libbey, Pasabache, Bormioli Rocco, The Oneida Group, Steelite International, and Ocean Glass and others are some of the companies profiled in this report.

Some of the features of this report:

• Market size estimates:Drinkware market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
• Segmentation analysis: Drinkware market size by various segments such as product type, material, and end use in terms of value and volume shipment.
• Regional analysis:Drinkware market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities:Analysis on growth opportunities in different applications and regions of drinkware in the drinkware market.
• Strategic analysis:This includes M&A, new product development, and competitive landscape of drinkware in the drinkware market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Download Brochure of this report by clicking on https://www.lucintel.com/drinkware-market.aspx

This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link This email address is being protected from spambots. You need JavaScript enabled to view it.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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