Technology
IRIS Software Group unveils IRIS Elements Enterprise for accountancy firms serving complex clients
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3 weeks agoon
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IRIS Elements Enterprise will empower accountancy firms to access unified, secure, and compliant Tax and Accounts Production software anywhere, anytime.
LONDON, Nov. 4, 2024 /PRNewswire/ — IRIS Software Group, a leading global provider of accounting, edtech, HR and payroll solutions, today announced the launch of IRIS Elements Enterprise, the latest tier in its existing cloud-based accounting suite. With today’s launch, IRIS rolls out two initial Enterprise product offerings: Enterprise Tax and Enterprise Accounts Production. The IRIS Elements suite now offers three tiers: IRIS Elements Essential for smaller practices and startups, IRIS Elements Professional for mid-tier firms and, now, IRIS Elements Enterprise for firms serving complex clients.
“In today’s market, accountancy firms are up against a wide range of pain points – coordinating different software across their offices and people; maximising success and growth with the same or fewer resources; dealing with complex regulatory requirements; and all while being under intense pressure to modernise,” said Mark Chambers, Managing Director of Accountancy at IRIS Software Group. “IRIS Elements Enterprise offers a seamless, secure way to get there, allowing firms to pay for what they need and add extra features as they scale up.”
IRIS Elements Enterprise
IRIS Elements Enterprise is designed to support accountancy firms as they navigate complex client needs and stay ahead of regulatory changes, such as HMRC’s upcoming Making Tax Digital (MTD) requirements. This comprehensive platform helps firms improve profitability and client satisfaction by streamlining operations and offering robust tools for producing financial statements and generating tax returns. This makes it easier for accountancy firms to:
Stay ahead of regulatory compliance changes: IRIS Elements Enterprise builds on its existing IRIS Elements Professional mid-tier offering, introducing the ability to produce more complex accounts for clients, like CICs and Farms, while still ensuring compliance with the latest accounts standards and requirements from Companies House and HMRC. Complex scenarios around Capital Gains, Capital Allowances, Losses, Group Relief and R&D are all catered for, making Tax Return form completion and calculations simple and easy.Automate tax processes to save time and reduce manual errors: IRIS Elements Enterprise automates time-consuming tasks in tax return completion. Features such as asset registers, automatic partnership profit calculations, capital gains tracking, and automated tax calculations with error warnings help improve accuracy. Asset data is stored and rolled forward year on year, allowing for automatic calculations and preventing the need for rekeying of information.Access real-time, synchronised client data: The IRIS Elements Platform links accounts production and tax in one cohesive workflow with real-time data synchronisation. Accountancy firms benefit from fewer manual tasks and increased visibility into clients’ mandatory annual compliance requirements, allowing for faster, more informed decision-making.
IRIS Elements’ Cloud Journey: Generating Momentum in 2024
Today also marks a major milestone in IRIS Software Group’s cloud journey, which began with the launch of IRIS Elements, the first UK accountancy suite to be wholly cloud-based. Since 2021, more than 9,000 accountancy firms and practices have selected IRIS Elements to complete their clients’ accounts and tax returns securely from anywhere, providing a full end-to-end solution for all their compliance and workflow management needs.
The platform’s unique, ‘hybrid-by-design’ bi-directional bridging technology also allows firms to operate and synchronise between on-premise IRIS desktop and cloud applications, enabling seamless management of critical tasks while gradually adopting cloud workflows. IRIS Elements has consistently achieved a ‘high status’ ranking within the DevOps Research and Assessment (DORA) framework, with six daily deployments to rapidly deliver new and innovative product features. IRIS Element’s enterprise-level security, encryption and advanced user authentication protect sensitive client data. This year, IRIS Elements also achieved ISO 27001:2022 accreditation – outlining the strength of its security management systems and ability to effectively manage and mitigate cyber risks – and launched a specialist Cyber Essentials security programme for the 24,000 accountants the business supports in the UK.
IRIS Elements continues to be celebrated for its award-winning contributions to the accounting industry. So far this year, the IRIS Elements platform has been named a finalist in the 2024 Computing Cloud Awards for ‘Best Cloud Support Provider’ and ‘Multi-Hybrid Cloud Solution of the Year’, in the 2024 ICB (Institute of Certified Bookkeepers) UK LUCA Awards for ‘Tax and Accounts Production Software of the Year’ and in the 2024 BCS UK IT Awards for ‘Digital Transformation Project of the Year,’ for its ambitious cloud migration project, which has successfully migrated more than 9,000 accountancy customers from legacy systems to IRIS Elements. Furthermore, 63% of this year’s Accounting Excellence Award winners were IRIS customers.
Looking Ahead
As part of its ongoing innovation roadmap, IRIS will introduce IRIS Elements Practice Management Enterprise in the coming months. It will feature more advanced reporting, time and expenses tracking, and scheduling capabilities so firms can further streamline their compliance efforts.
About IRIS Accountancy
IRIS is proud to be “the official supporter of accountants and bookkeepers,” and a leading provider of innovative software solutions designed to help accountants and bookkeepers grow, thrive, and create lasting value for their clients. As the largest third-party online filer with the UK Government, IRIS boasts HMRC and Companies House acceptance rates of over 98%. Trusted by 93 of the top 100 UK accountancy firms and 28 of the top 30 firms, IRIS serves more than 24,000 UK accountancy practices. Over 9,000 of these firms have adopted IRIS Elements, the company’s fully cloud-based solution, to streamline their operations and securely manage their workflows.
For over two decades, IRIS has provided comprehensive outsourcing services, with a team of over 600 qualified accounting professionals helping clients optimise their schedules by handling audit, bookkeeping, year-end accounts, personal tax, payroll, and iXBRL tagging. IRIS holds industry-leading certifications, including ISO 27001, GDPR compliance, and quality assurance standards like ISO QMS 9001:2015, ISO ISMS 27001:2013, and PIMS 27701:2019.
About IRIS Software Group
Founded more than 45 years ago, IRIS Software Group (IRIS) is a leading global provider of mission-critical software and services and one of the UK’s largest privately held software companies. IRIS is a trusted partner to more than 100,000 customers across 135 countries, empowering finance, HR and payroll teams, educational organisations, and accountancy practices of all shapes and sizes to look forward with certainty and confidence.
IRIS is certified as a Great Place to Work® in the UK, Ireland, India, Canada and the USA and recognised as one of The Times Top 50 Employers for Gender Equality in 2023. IRIS is also recognised as one of the Best Workplaces for Wellbeing, one of the Best Workplaces in Tech and one of the Best Workplaces for Women.
To see how IRIS helps organisations get things right first time, every time, visit www.iris.co.uk, or follow IRIS Software Group on LinkedIn, Twitter and Instagram.
Media contact
IRIS Software Group
news@irisglobal.com
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Technology
ANAB to Host Webinar on Department of Defense Cyber Workforce Qualification Program and ANAB Accreditation under DoD Directive 8140
Published
28 minutes agoon
November 22, 2024By
Join ANAB and Special Guests from the Department of Defense
NEW YORK, Nov. 22, 2024 /PRNewswire/ — The ANSI National Accreditation Board (ANAB) is hosting an informative webinar on the U.S. Department of Defense (DoD) Cyber Workforce Qualification Program and ANAB Accreditation under DoD Directive 8140, sharing insights into the DoD 8140 manual requirements and ANAB’s role in the accreditation process. The session will feature representatives from the DoD, who will be available for questions.
“DoD Cyber Workforce Qualification Program and ANAB Accreditation under DoD Directive 8140” will be held on December 11 from 11:30 a.m.-12:30 p.m. ET. Register via ANAB’s website.
As the manual that establishes policies and procedures for the DoD’s cyber workforce, DoD 8140 supports military service members, DoD civilians, and contractor employees performing cyber work within the scope of their assigned cyber element (IT, cyber enablers, cyber effects, cyber [intel], or cybersecurity). This informational session will provide an overview of:
DoD Directive 8140Types of Eligible ProgramsDoD Work Roles AlignmentThe DoD ProcessANABThe Difference Between Certificate and Certification ProgramsANAB Accreditation ProcessOverview of Application ProcessWebsite and Resources
The webinar will highlight information on credentialing accreditation programs that are required by the DoD, including two offered by ANAB: the Certificate Accreditation Program (ANSI/ASTM 2659 for training programs) and the Personnel Certification program (ISO/IEC 17024 for certifications).
For more information about this webinar, please contact ANAB’s Caitlin O’Connell (202.384.0184; coconnell@anab.org).
About ANAB
The ANSI National Accreditation Board (ANAB), a wholly owned subsidiary of the American National Standards Institute (ANSI), is the largest multi-disciplinary ISO/IEC 17011 accreditation body in North America, with comprehensive signatory status across the multilateral recognition arrangements of the International Accreditation Forum (IAF) and International Laboratory Accreditation Cooperation (ILAC). The ANAB accreditation portfolio includes management systems certification bodies, calibration and testing labs, product certification bodies, personnel credentialing organizations, forensic test and calibration service providers, inspection bodies, police crime units, greenhouse gas validation and verification bodies, reference material producers, and proficiency test providers. For more information, visit www.anab.org.
About ANSI
The American National Standards Institute (ANSI) is a private non-profit organization whose mission is to enhance both the global competitiveness of U.S. business and the U.S. quality of life by promoting and facilitating voluntary consensus standards and conformity assessment systems, and safeguarding their integrity. Its membership is comprised of businesses, professional societies and trade associations, standards developers, government agencies, and consumer and labor organizations.
The Institute represents and serves the diverse interests of more than 270,000 companies and organizations and 30 million professionals worldwide. ANSI is the official U.S. representative to the International Organization for Standardization (ISO) and, via the U.S. National Committee, the International Electrotechnical Commission (IEC). For more information, visit www.ansi.org and access the latest news and content on LinkedIn, X, and Facebook.
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SOURCE American National Standards Institute
Technology
Pricing Software Market Skyrockets to $2,875.61 Million by 2031 Dominated by Tech Giants – Epicor Software Corp, PROS Holdings Inc and Revalize, Inc | The Insight Partners
Published
28 minutes agoon
November 22, 2024By
The global pricing software market is set for explosive growth, with projections indicating a surge to $2,875.61 million by 2031. This remarkable expansion, driven by increasing penetration of mobile devices and boosting the subscription base for pricing management software or platforms.
NEW YORK, Nov. 22, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the Global Pricing Software Market is observing significant growth. Business processes are becoming increasingly dependent on the cloud and advanced automation systems. Thus, rising upgrades in existing legacy pricing management and optimization software and the growing need for competitive pricing strategies are driving the pricing software market. For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/pricing-software-market
The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Pricing Software market comprises a vast array of wall and deck mount which are expected to register strength during the coming years.
Market Overview and Growth Trajectory:
Pricing Software Market Growth: According to an exhaustive report by The Insight Partners, the Pricing Software Market is experiencing significant growth, driven by digital transformation globally and continuous growth in manufacturing industry. The market, valued at $1,204.44 million in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.5% during 2023–2031.
For More Information and To Stay Updated on The Latest Developments in The Pricing Software Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00013237/
Considering the current environment where inflation, consumer awareness, and the number of players are increasing, pricing has become one of the important factors as it affects the overall business and its growth. Competitive pricing strategies help companies across the globe to reduce losses and increase the profitability of the company by analyzing a variety of factors that are affecting the pricing of particular goods and services. One of the factors that allow users to understand is price elasticity and demand dynamics. Price elasticity is one of the notable factors in the business as it measures customer sensitivity toward price changes. This helps identify consumer behavior and further optimize the price accordingly. In addition, it also helps analyze the competitors’ prices across the sales channels. With this data, companies can come up with competitive prices as the competition is getting fierce and the need for competitive advantages is increasing. This competitive pricing strategy is highly beneficial in setting dynamic prices. Owing to the increased penetration of e-commerce and other online marketplaces, the trends of dynamic prices have increased. Pricing software helps the users not only identify customer behavior and competitors’ analysis but also helps in pricing management across the sales channel, which ultimately leads to increased adoption of the pricing software.
Digital Transformation globally: Digital technologies are transforming how businesses and consumers operate across the globe. Due to the COVID-19 pandemic, there was a rapid rise in the adoption of digital technologies. Digitization saved many companies during the pandemic as they adapted to remote work cultures and online operations. Developing economies such as India, China, South Africa, Brazil, and Argentina are adopting advanced digital technologies in various sectors, such as manufacturing, manufacturing, e-commerce and retail, and IT and telecom, to enhance productivity and economic growth. For instance, the Digital India initiatives launched by the Indian government improved the online infrastructure and increased internet accessibility in most of the rural areas. With these initiatives, the penetration of e-commerce and other online marketplaces increased, ultimately driving the demand and production of consumer goods. Many companies across the globe are prioritizing digital transformation over other upgrades of business processes.
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Data analytics has become a powerful tool for businesses to benefit from valuable insights and make informed decisions due to the massive amount of data generated. Data analytics is experiencing a revolution in tools, technologies, applications, and adoption. The industry is evolving rapidly, and companies are heavily investing in turning data and analytics into competitive advantage. According to most big data experts, the amount of data generated is expected to increase dramatically during the forecast period. For instance, the report from Seagate’s Data Age 2025 estimates that the amount of data generated worldwide is expected to reach 175 zettabytes by 2025. The massive increase in the number of people working from home or remote locations, studying, and spending time on the internet is driving data expansion. Such a high amount of data, when processed with the help of artificial intelligence integrated within the pricing software, is expected to provide a detailed and very insightful analysis to its end users, which will help them to optimize and manage the price.
Geographical Insights: In 2023, North America led the market with a substantial revenue share, followed by Europe and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period.
Pricing Software Market Segmentation, Applications, Geographical Insights:
Based on type, the market is divided into cloud based and on-premise. The cloud segment held the largest share of the pricing software market in 2023.Based on enterprise size, the market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment held the largest share of the Pricing Software market in 2023.Based on industry vertical, the market is categorized into manufacturing, travel and hospitality, it and telecom, retail and e-commerce, food and beverages, BFSI and others. The manufacturing segment held the largest share of the pricing software market in 2023.The Pricing Software market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.
Purchase Premium Copy of Global Pricing Software Market Size and Growth Report (2023-2031) at: https://www.theinsightpartners.com/buy/TIPRE00013237/
Key Players and Competitive Landscape:
The Pricing Software Market is characterized by the presence of several major players, including:
Epicor Software CorpPROS Holdings IncRevalize, IncCompetera LimitedPrice f(x) AGPrisyncWebcentric D.O.O.Zilliant IncBlackCurve Solutions LimitedSkuuudlePriceBeamFlintfoxSniffie Software Ltd.EversightMinderestWiser Solutions, Inc.ReactevPrice EdgeToptal, LLCRetalon
These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.
Pricing Software Market Recent Developments and Innovations:
“The vision of Sniffie, a startup from Helsinki, Finland is to democratize ecommerce by enabling the equal use of machine learning in pricing for small and mid-sized ecommerce businesses. To reach this goal, Sniffie secured a total of US$2.75M seed funding.””Wiser Solutions launched the next iteration of its Commerce Execution Suite, with enhanced offerings in its Price Intelligence, Reseller Intelligence, and Retail Execution products. These improvements are made possible due to strategic partnerships in the commerce execution space and targeted investments into product and feature enhancements specific to the everyday jobs of prospects and customers.””Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, announced a global strategic partnership with Retalon, a leader in retail AI and predictive analytics solutions. The partnership will enable Retail and CPG organizations to gain better customer insights, improve decision-making, and enhance operational efficiency.””In 2023, Epicor, a global leader of industry-specific enterprise software to promote business growth, announced that for the second time in a row, it has been positioned as a Leader in the Nucleus Research Configure Price Quote (CPQ) Technology Value Matrix published in November 2023. Nucleus evaluated Epicor CPQ is a comprehensive solution that streamlines the quoting process by automating configuration, pricing, and quoting. It enables businesses to handle complex product configurations efficiently, set accurate pricing based on rules, and automate the generation of professional quotes. Epicor CPQ can be used as a standalone product or integrated with the Epicor Industry ERP Cloud.””In 2024, Flintfox was named a member of the prestigious Microsoft Business Applications Inner Circle 2024/2025 for the eighth year running. The Inner Circle is one of the ways in which Microsoft recognizes its partners and is an exclusive peer-to-peer network between partners and Microsoft executives and leaders. As a member of Microsoft Business Applications Inner Circle, Flintfox has access to exclusive resources and early visibility of the Microsoft product roadmap, ensuring the circle can continue to enhance and develop the Flintfox solution in line with customers’ needs and infrastructure.”
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Pricing Software Market Drivers, Challenges, Future Outlook and Opportunities:
According to the experts, the more data is processed within the pricing software, the more accurate results can be obtained. Thus, massive data generation, increased investments in data analytic tools, and the presence of AI-integrated pricing software are expected to generate lucrative opportunities for the pricing software market.
According to Cisco, by 2024, ~75% of startups in Canada will have a digital-first strategy. Moreover, over 50% of SMEs reorganized their company structure in Canada. The rising adoption of digital technologies has increased the demand for the replacement of conventional pricing management and data collection methods. The growing preference for digital transformation is driving the pricing software market.
Based on industry, the market is segmented into manufacturing, travel and hospitality, IT and telecom, retail and e-commerce, food and beverages, BFSI, and others. The manufacturing industry registered the largest market share of 23.6% in 2023 in the pricing software market and is projected to maintain its dominance during the forecast period. In manufacturing, companies are required to migrate data while upgrading enterprise resource planning platforms. The companies are investing in building new data warehouses and advanced pricing analytics tools by moving their existing systems to the cloud platform. Cloud migration service is gaining popularity in the manufacturing sector owing to its benefits, such as cost savings, improved pricing management, high scalability, collaboration, security, productivity, and automation. Globally, the manufacturing industry is witnessing substantial growth owing to the surging investments in digitalization and price management platforms. In addition, manufacturing companies across the globe are focused on expanding their geographical presence. This is influencing the rise in the number of distributors across the globe. Additionally, owing to the increasing competition, pricing software plays an important role in the manufacturing sector, influencing companies to adopt competitive pricing strategies.
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The cloud-based segment held a larger share of the pricing software market in 2023, accounting for 72.9%. The segment is expected to account for a share of 75.2% by 2031. An on-premises deployment is an approach wherein pricing management and optimization software are implemented and used from clients’ in-house servers. These traditional solutions offer customers complete control over pricing platforms, applications, systems, and data, which can be handled and managed by their internal staff. In organizations where user credentials are critical for business operations, such as banks and insurance companies, the adoption of on-premises deployment is higher as it can control the systems from the enterprise’s physical or owned location. Further, the on-premises segment is likely to witness steady growth due to the constantly growing adoption of pricing software solutions across banks, insurance companies, and the government sectors. eZee FrontDesk offers on-premise pricing software or revenue management solutions, including hotel channel management.
Conclusion:
The integration of AI and machine learning is expected to become a key trend in the pricing software market, transforming how organizations manage and optimize prices. In the continuously changing world of business and competitive scenarios, the need for more accurate data is high. Adoption and integration of such technologies to better understand their customers and optimize strategies for increased profits. With the help of Artificial Intelligence pricing engines, companies can analyze the data at minute levels such as weather, seasonality, days of week and time, events, and holidays. This type of software goes beyond the conventional pricing analysis methods and uses advanced and modern algorithms to analyze complex patterns, customer behavior, market trends, and other related factors in real time.
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With projected growth to $2,875.61 Million by 2031, the Pricing Software Market represents a significant opportunity for component providers, system technology integrators, system manufacturers, investors, industry stakeholders, end users and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.
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Retail Pricing Software Market Size and Forecasts (2021 – 2031)Subscription Revenue Management Software Market Size and Forecasts (2021 – 2031)Customer Revenue Optimization Software Market Size and Forecasts (2021 – 2031)Cash Management System Market Size and Forecasts (2021 – 2031)
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
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Technology
Chernoff Newman Launches Test Unit, a Hybrid PR/Social/Creative Offering
Published
28 minutes agoon
November 22, 2024By
CHARLESTON, S.C., Nov. 22, 2024 /PRNewswire/ — Chernoff Newman, a Southeast-based integrated marketing agency, has launched Test Unit, a hybrid offering made to give small and mid-sized brands a crack at big attention.
Co-led by Peter LaMotte, president of strategic communications, and Dan Jividen, group creative director, the effort unites the agency’s deepest and oldest practices to give clients a chance to experiment with ideas built to spark earned-media interest and start conversations – with fewer hurdles and without massive spend.
“Not every brand is Wendy’s or Liquid Death. Most don’t have the budget or bravado to take big swings right out the gate,” Jividen said. “That’s what we’re here for: to help them take nibbles before they gulp.”
The goal is to take small and mid-sized clients on culturally inspired adventures that generate ideas meant to be touched, talked about and shared. That can all be a much less intimidating proposition with seasoned communications experience baked in. “We do not put our clients’ brands at risk,” said LaMotte, who has worked with numerous international clients to build awareness and manage their reputations. “But we’ll always push to take calculated and strategic chances to better their business. If we’re not doing that, we’re not giving them our all.”
Jividen, formerly with Weber Shandwick, knows the power of those ideas and their ability to level the playing field. “No longer the domain of big brands alone, today’s media landscape is fractured and amorphous. Smaller brands may take advantage with a sizable voice,” he said. The new effort’s process carries that amorphous spirit: teams are cast and then disbanded at each project’s end, making every opportunity its own fresh ecosystem.
The agency’s long-term and trusted client relationships were the inspiration for the new offering and key to its success. “Test Unit is a reformulation of our assets and strengths,” LaMotte said. “When we bring it to clients, we’re relying on them to take a leap…and to trust us like they always have.”
About Chernoff Newman
Chernoff Newman is a fully integrated marketing communications firm specializing in sectors like agriculture, education, healthcare, and infrastructure. Core services include advertising, branding, public relations, and crisis management. Offices are in Columbia and Charleston, SC; Charlotte, NC; Orlando, FL; and Washington, DC. Learn more at chernoffnewman.com.
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SOURCE Chernoff Newman
ANAB to Host Webinar on Department of Defense Cyber Workforce Qualification Program and ANAB Accreditation under DoD Directive 8140
Pricing Software Market Skyrockets to $2,875.61 Million by 2031 Dominated by Tech Giants – Epicor Software Corp, PROS Holdings Inc and Revalize, Inc | The Insight Partners
Chernoff Newman Launches Test Unit, a Hybrid PR/Social/Creative Offering
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