28. September 2021 Making informed decisions in an increasingly complex and ever-changing world is crucial for companies. Good decision-making should involve more than just good judgement and strong intuition. It also requires data-based insights. Effective decision-making must be based on data analysis, planning, as well as the execution and evaluation of decisions and their predicted …
14. September 2021 Chief Financial Officers (CFOs) are playing an increasingly important role in driving change in their companies. In addition to traditional CFO responsibilities, the number of functions reporting to CFOs is on the rise. Also increasing is the share of CFOs saying they oversee their companies‘ digital activities and resolve issues outside the …
07. September 2021 Business analytics is a powerful tool across all industries. Companies are generating vast amounts of data which, in turn, increase the need to interpret and analyze that information. In light of this trend, an in-depth understanding of business analytics can be a way to advance better decision-making in the company. Companies use …
31. August 2021 Finance is entering a golden age of technology. As more software solutions become available as cloud-based formats, cloud-based finance applications and micro-services will also proliferate. Companies will be able to drastically reduce the complexity and cost of technology without sacrificing functionality. Companies are still in the early stages of applying digital technologies …
24. August 2021 Usually, companies check their past performance and in an attempt to plan for the future – at least, this has been the practice of several generations of companies worldwide. Yet, in a world in which technology is evolving faster than business, these methods and static, unadapted business plans are becoming obsolete. Business …
17. August 2021 Today’s world as we know it is driven by vast amounts of data. Data drives every process in an organization, making it impossible to act and make valuable decisions without accurate data. It is risky and no longer enough to make complex decisions based solely on intuition. To stay competitive, decisions must …
10. August 2021 Cash is King.Cash rules over all business processes and ultimately over business success. Insufficient cash flows will run any company into serious troubles, regardless of its background. Thus, proper Cash Management and Forecasting is essential to any company’s success. When making business decisions, it is crucial to have a clear understanding of …
27. Juli 2021 Global corporate payments technology is changing at a higher speed than ever. However, this change is accompanied by challenges. The rapidly changing nature of payments raises problems for many finance teams, ranging from insufficient controls, custom banking formats, infrastructure costs, and delayed projects. However, the most crucial challenge remains fraud through simple …
20. Juli 2021 2020 has put a toll on many businesses. Uncertainty, risks, and volatility have reached an all-time high, demanding companies‘ unrestricted attention. These troubling circumstances have proven that even profitable, long-established companies should always look out for what is lying ahead. In 2021 organizations should focus on overcoming inefficient processes and past mistakes …
16. Juli 2021 Connectivity is key – A common saying gaining more and more momentum in current times; does this also apply to commercial banking? Multibanking is a generally known term for software solutions that allow customers to connect and access all bank accounts across banks in one central banking platform, thus achieving connectivity. But …
