To prevent rising interest rates from taking a bite out of the bottom line, your peers could be considering an interest rate hedging strategy in order to keep the rates low on variable-rate business loans and stabilize cash flow. Because…
Strategy
With inflation's impact on the costs of raw materials, commodities, labor and shipping, trying to control costs at your organization may feel like you're climbing up a downward-moving escalator. But even with higher supplier prices across the board, it's possible…
How’s your professional relationship with your CIO right now? A recent Gartner survey shows that many of your peers are struggling to work closely with their top IT execs because they aren’t seeing eye to eye for various reasons. A…
It’s up to A/P to double-check vendor contract terms to make sure everyone’s sticking to them, as well as to handle the renegotiation of contracts. In order to be able to easily access contract documents, and not waste time hunting…
A significant majority of your peers (90%) agree that intelligent automation will help them overcome post-COVID business challenges, such as workforce shortages, supply chain disruptions, controlling costs, boosting revenue and maintaining a competitive advantage. That's according to the 2022 Intelligent…
Your peers are feeling less optimism about the economy as prices stay high this quarter, according to the latest results from The CFO Survey, a collaboration between the Federal Reserve banks in Richmond, VA, and Atlanta, and Duke University. In…
If employee feedback on their managers' performance seems wildly contradictory from one person to another, the problem might not be flawed data. For example, if some staffers say someone's a micromanager, while others say they need more guidance from that…
The ongoing Great Resignation is proof that an update to your compensation strategy may be in order. In fact, a study by Mercer found a majority of employers (70%) are re-evaluating their compensation and benefits because of challenges with attracting…
More than 70% of your peers are "very" or "extremely" confident in their organization’s ability to quickly handle a variety of business disruptions – including data breaches, labor shortages, supply chain issues, natural disasters and major changes in the competitive…
No matter the size of your business, it's worth taking note of the strategic moves that small businesses have made to adapt, innovate and survive since the pandemic, and considering if they're also right for you. A recent survey by…
An ERP (enterprise resource planning) system can be the catalyst for optimizing operations for your organization. According to Panorama Consulting, 95% of businesses experienced an improvement in their processes after implementing an ERP system. In addition, research by The Aberdeen…
The highest inflation rate in over 40 years combined with a competitive job market may have your firm feeling pressure to increase wages for your employees. According to a U.S. Compensation Planning Survey from asset management firm Mercer, more than…
