Pandemic Puts Emerging Technologies Front and Center
Even before the disruption caused by the coronavirus pandemic forced businesses to make a quick pivot toward real-time data analytics and work-from-home arrangements, companies and organizations have already acknowledged the importance of digital transformation as a future-proofing strategy. But now more than ever, business leaders need emerging technologies to adapt to shifting market conditions under […]
Invest Carefully, Finance Executives Say
A RECENT survey of business leaders in the United States shows that spending priorities have shifted from “cut everything” to “invest carefully.” In its quarterly Finance Priorities Survey in July 2020, Brainyard surveyed 130 finance and non-finance executives and found that despite the ongoing COVID-19 pandemic, business leaders are pushing to change business as usual, […]
Recovering from COVID-19 through Cloud ERP
The COVID-19 pandemic has created massive turmoil for global economies and supply chains. Making the safety of customers and employees the topmost priority amid sudden change in consumer needs and government policies has prompted manufacturers and distributors to become more responsive in a constantly transforming environment. As businesses bounce back from this initial shock and […]
Pandemic Accelerates Supply Chain Trends
Lockdowns due to the pandemic have caused temporary and long-term business closures, bringing drastic changes in the way people live and work. Lockdowns have also caused disruption in the delivery of goods. Commodities and raw materials have seen bottlenecks, fueling uncertainty. But those who have been working in supply chains are no strangers to facing […]
Financial Planning in the Time of Pandemic
Financial planning has become more challenging amid the pandemic which altered the way people work and conduct their business. Most companies actually revised their 2020 capital expenditure budget by the middle of the year after governments across the world imposed border restrictions that limited the flow of people, products, and services. Revenue targets were also […]
Expanded Role is a Challenge to CFOs
A RECENT survey of 166 chief financial officers (CFOs) across 23 different industries shows that a large number of them feel that managing too many responsibilities is their biggest challenge. A white paper from Brainyard tracked the results of the 2019 survey and said 38 percent of CFOs consider their expanded role as the biggest […]
Pandemic Occasions Evolution Among Logistics Companies
Organized distribution of consumer goods through logistics service providers has always helped deliver essentials for everyday life. Then, COVID-19 happened. Because of lockdowns and government-imposed community quarantines, the pandemic changed the norm for LSPs. Consumer movement was limited. Transportation had boundary restrictions. Business establishments closed. The reduced distribution of goods affected their operations significantly. They […]