It’s good business practice to manage expenses carefully. Even a successful, cash-rich business should be meticulous about how they’re spending money. (Often that is how they become cash-rich and successful in the first place). A business which is short of cash or is forecasting losses needs even closer oversight.
Enter the humble Expense Report, one of the tools used to manage expenses.
Read MoreTopics: Business Improvement, Expenses, Accountability
The ‘digital revolution’ is not exactly new... but we still see businesses battling with basic things. Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing status, payroll, sales performance, timesheets, and so on.
Not surprisingly, businesses continue to invest in digital, data, and analytics to improve performance and get ahead of the competition. Let’s look at some approaches which help you succeed in this area.
Topics: Business Improvement, Technology, Digital Strategy
Most business leaders agree that branding is important in business. Given the opportunity, they’d like to strengthen their brand to generate more leads, grow sales and increase customer loyalty.
How do you ‘strengthen a brand’? It can get murky at this point... so let’s take a closer look.
Read MoreTopics: Business Improvement, Business Planning, Lead Generation, Branding
Many businesses are facing increased costs. This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”. Let’s look at what business leaders should be thinking about in this environment.
Read MoreTopics: Business Planning, COVID-19, Cash Flow, Business Resilience
No matter the size of your business, the finance function should focus on STRATEGY and VALUE CREATION to create a competitive advantage and give leaders peace of mind.
Read MoreTopics: Business Improvement, Business Planning, Wealth Creation
