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When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? After all, how busy someone is will be relative to their business, function, and industry. However, as finance and accounting professionals, when someone asks us how work is going, when you answer with “busy,” you mean you are working flat-out trying to do very manual things in Excel.
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As businesses continue to evolve and adapt to changing technologies and global market demands, one strategy that has gained immense popularity is outsourcing. While outsourcing has long been a staple for certain business functions like manufacturing, customer support, and IT services, it’s now making waves in the realm of business management. As we approach 2025, […] The post Are You Ready to Outsource Your Business Management Needs in 2025?
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In the latest episode of A Modern Nonprofit podcast, host Tosha Anderson sat down with Sawyer Nyquist, a data expert who specializes in analytics and data management for nonprofits. Their conversation explored the strategic role of data in the nonprofit sector and how organizations can leverage it to achieve their goals more effectively. The Data Dilemma Tasha kicked off the discussion by highlighting a common issue in the nonprofit world: many organizations have an abundance of data but struggl
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You may have missed this little brouhaha over the Thanksgiving weekend. We posted an analysis of a deeply flawed (dare I say fabricated?) data analysis from the Hoover Institution. Dated August 7th, it seemed to have been overlooked during the Summer. (It went viral recently) Something about it seemed off — California’s economy is fairly robust, how could they be lagging national job creation so much?
Central Asia’s fastest growing and most diversified economy is being radically changed by reforms, rising FDI and high growth. Global Finance spoke with Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade. Global Finance : Tell us about Uzbekistan’s transformation over the past eight years and what else you are looking to accomplish.
When it comes to obtaining equipment for your growing business, you have some options for procurement - rent, buy, or rent with an option to purchase (typically known as a rental purchase option or RPO). Oftentimes companies aren't sure of a long-term need for equipment, or sometimes they don't have cash on hand for a down payment, so renting is the best option.
As BMO reflects on its journey, the commitment to helping customers, communities, and colleagues make progress remains at the forefront of its mission. This fall, BMO proudly celebrates significant milestones… Read more The post Celebrating Milestones and Community Impact Through EMpower appeared first on About BMO.
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In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Since on-premise software is quickly going the way of the passenger pigeon, part of your business is already in the cloud. It could be your online sales channel. Or your marketing platform. Or your CRM. The problem is that your backend enterprise resource planning solution (ERP) still is not in the cloud. This is a problem not only because cloud-based software comes with many benefits beyond on-premise solutions, but also because ERP is the central nerve center for your business.
We lost one of the greats this week: Art Cashin passed away Sunday at the age of 83. CNBC’s Bob Pisani did a wonderful remembrance of Art: “In the intensely competitive and often vicious world of stock market commentary, Cashin was that rarest of creatures: a man respected by all, bulls and bears, liberals and conservatives alike.” It made me want to share a few of my favorite Art Cashin stories… I first met Art when I was a newbie strategist in the 2000s.
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
European banks are scaling-up their IT network defenses against a surge in data breaches and Distributed Denial of Service (DDoS) cyber-attacks. AXA, Nordea, Abn Amro and Banco Santander are among the financial groups targeted by what banks are describing as a “completely different scale” of hostile threat from the cyber domain. This latest generation of cybercriminals are becoming bolder and more innovative in how they target banks.
Balancing Cost and Service in Financial Management: A CFO’s Perspective Every decision a CFO makes carries weight on the bottom line, the team’s efficiency, and the overall direction of the business. One of the toughest challenges in this role is finding the right balance between controlling costs and delivering the quality of service that stakeholders expect.
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Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
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In the competitive market for financial advice, advisory firms often seek to find ways to differentiate themselves from one another. For firms with high-net-worth clientele, one way to do this is to offer alternative investments, such as private equity, private debt, or hedge funds, which may offer clients the ability to invest in a more diverse range of assets.
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
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