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“Do more with less”, The Great Recession’s legacy and relevance to today’s business environment
“Do more with less”, The Great Recession’s legacy and relevance to today’s business environment

- March 8, 2019

Today, we still hear the mantra of “do more with less” being echoed from the Great Recession. However, there is...

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Avoiding disappointment with your financial technology (fintech) relationships
Avoiding disappointment with your financial technology (fintech) relationships

- February 21, 2019

Financial Institutions are adopting new and improved digital services to meet consumer expectations. Innovative financial technology (fintech) companies focus on...

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Framework and facilitation for project management
Framework and facilitation for project management

- January 22, 2019

The ability to not only manage the work within the framework but to also facilitate a project in a dynamic...

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Profit is necessary but cash remains king! Considerations for cash management.
Profit is necessary but cash remains king! Considerations for cash management.

- January 13, 2019

It is very common for management teams to become fixated on profitability. After all, EBITDA is a key metric for...

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The often-overlooked hurdles of international compliance with mergers and acquisitions
The often-overlooked hurdles of international compliance with mergers and acquisitions

- January 7, 2019

During the lengthy process associated with an acquisition, whether or not it is an outright purchase of another entity or...

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Maximize visibility with warehouse improvements
Maximize visibility with warehouse improvements

- January 7, 2019

All too often, clients share stories regarding supplies arriving with poor labelling, parts being stored incorrectly, operations halted by manual...

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Getting a handle on managing global compliance and reporting
Getting a handle on managing global compliance and reporting

- January 2, 2019

Global compliance and reporting is often overlooked and expensive in both financial and time commitment terms. Regulations vary widely and...

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Leveraging the first 90 days in a new leadership role
Leveraging the first 90 days in a new leadership role

- December 19, 2018

Stepping into a new leadership role can be challenging, despite how much previous experience you might have had. There are...

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Wrap it up! Clean-up your applications before rolling into the new year
Wrap it up! Clean-up your applications before rolling into the new year

- December 17, 2018

With the end of the year looming it is a good time to consider ways to clean-up your applications before...

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The burden of technology debt
The burden of technology debt

- December 10, 2018

Technology debt is described as the hard and sometimes soft cost of an organization’s aging infrastructure stack, hardware stack, application...

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Controlling risk in your financial institution’s IT environment and outsourcing considerations
Controlling risk in your financial institution’s IT environment and outsourcing considerations

- November 27, 2018

In today’s business environment, it is critical that financial institutions stay up-to-date with IT compliance as the requirements constantly evolve...

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Risk management for nonprofits
Risk management for nonprofits

- November 26, 2018

Nonprofit entities are unique in many ways. Sources of revenue, access to capital, workforce composition, and ownership structures are significantly...

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To blockchain or not to blockchain
To blockchain or not to blockchain

- November 19, 2018

A blockchain is a distributed, un-alterable ledger system where transactions and information are verified by all participants maintaining and updating...

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Half of your digital transformation effort may not be so digital
Half of your digital transformation effort may not be so digital

- October 30, 2018

Middle market businesses involved in digital transformation are regularly improving their use of technology to drive value in some manner....

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Getting a pulse on global compliance
Getting a pulse on global compliance

- October 22, 2018

Keeping a pulse on global compliance and operations presents a host of challenges in today’s rapidly evolving international economy. As...

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Application champions vs. power users – the benefits that can be gained by formalizing the role
Application champions vs. power users – the benefits that can be gained by formalizing the role

- October 16, 2018

Many organizations are unsatisfied with the software they have invested in and feel that they were either sold more functionality...

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Implementing behavioral health electronic health records
Implementing behavioral health electronic health records

- September 4, 2018

Implementing an electronic health record (EHR) software application is similar in approach to implementing other applications that are customizable off-the-shelf...

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Aerospace supply chain – confronting your challenges
Aerospace supply chain – confronting your challenges

- August 30, 2018

Client expectations, regulations and emerging technologies have been forcing aircraft companies to create competitive strategies to earn a share of...

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Lease accounting transition – ASC 840 to ASC 842
Lease accounting transition – ASC 840 to ASC 842

- August 27, 2018

As companies prepare to close out the 2018 fiscal year, lease accounting should begin to creep into the forefront of...

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Attracting and retaining employees
Attracting and retaining employees

- August 20, 2018

As today’s economy continues to gain strength and momentum, companies are becoming more concerned with attracting and retaining good employees....

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What should your bank or credit union be doing right now to prepare for CECL?
What should your bank or credit union be doing right now to prepare for CECL?

- July 23, 2018

What should your bank or credit union be doing right now? Every financial institution should be in the process of...

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Spans and layers – Why you should consider span of control analysis
Spans and layers – Why you should consider span of control analysis

- July 19, 2018

Span of control analysis Span of control analysis refers to assessing the structure of a company by analyzing the number...

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Budgeting and reporting for nonprofits
Budgeting and reporting for nonprofits

- July 16, 2018

Nonprofits need to plan their finances in the same manner as any other business. Unlike a for-profit firm, a nonprofit...

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Corporate performance management, enterprise performance management – Is there a difference?
Corporate performance management, enterprise performance management – Is there a difference?

- July 11, 2018

Corporate performance management (CPM) and enterprise performance management (EPM) – what do these mean? What is the difference between the...

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Merger and acquisition integration: Sustaining multiple successful integrations
Merger and acquisition integration: Sustaining multiple successful integrations

- July 9, 2018

You often hear or read about merger and acquisition (M&A) integration as a growth strategy, however, companies often under-estimate the...

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Contingency funding plan – When was yours last updated?
Contingency funding plan – When was yours last updated?

- June 26, 2018

Every financial institution’s liquidity policy should have a contingency plan that addresses alternate funding. A contingency funding plan should outline...

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Change management is personal
Change management is personal

- June 22, 2018

Change is very personal to every individual within an organization. The biggest project failures can result from ignoring the effect...

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Utilizing big data for financial institutions
Utilizing big data for financial institutions

- May 30, 2018

In order to succeed in today’s fast-paced business environment, leaders need timely and actionable data to make strategic decisions. Financial...

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Leveraging a distribution network analysis to mitigate increasing freight costs
Leveraging a distribution network analysis to mitigate increasing freight costs

- May 10, 2018

Freight costs continue to increase for consumer and industrial product providers throughout the world due to capacity issues and a...

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Team building and transforming the finance function
Team building and transforming the finance function

- May 7, 2018

Finance transformation engagements involve evaluating the current processes for recording financial information performed within the finance function. This also includes...

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Common synergies in mergers and acquisitions
Common synergies in mergers and acquisitions

- April 27, 2018

As the economic environment continues to show strength, mergers and acquisitions play a key role for companies looking to expand....

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How to Click Send: Writing Difficult Emails
How to Click Send: Writing Difficult Emails

- April 25, 2018

Everyone has those moments at work when they need to plan and write difficult emails that provide critical feedback, convey...

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Creating and sustaining value: Important metrics
Creating and sustaining value: Important metrics

- April 24, 2018

The primary objective of any business is creating and sustaining value; yet it’s an ongoing challenge. This holds true regardless...

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Getting accurate individual product cost out of your cost accounting system in the manufacturing industry
Getting accurate individual product cost out of your cost accounting system in the manufacturing industry

- April 18, 2018

Are you using a cost accounting process that supports accurate costing based on your business model? Different business models require...

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Organizational redesign: Aligning people with the organization
Organizational redesign: Aligning people with the organization

- April 9, 2018

Many organizations grow, evolve, and change so quickly and in ways that require immediate resources which often leads to reactive...

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A business continuity plan is critical for financial institutions – but have you thought about a cybersecurity incident response plan?
A business continuity plan is critical for financial institutions – but have you thought about a cybersecurity incident response plan?

- March 22, 2018

Having a comprehensive and effective business continuity plan (BCP) in place is a critical part of disaster planning and recovery...

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Performance management challenges in life sciences
Performance management challenges in life sciences

- March 8, 2018

The life sciences industry faces continuously evolving challenges and it is becoming increasingly evident that the entire sector is operating...

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Becoming a digital company: Six questions to kick-start digital transformation
Becoming a digital company: Six questions to kick-start digital transformation

- March 5, 2018

In today’s world, a thriving business is one that leverages current tools and technologies in order to improve the bottom...

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How to communicate with a multicultural engagement team
How to communicate with a multicultural engagement team

- February 22, 2018

Innovative leaders manage a team and foster an environment that nurtures creativity. In regards to international teams, the leader should...

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What is operational intelligence?
What is operational intelligence?

- February 19, 2018

The modern finance function must move faster, sharing insight about what’s happening now, not what happened yesterday – this is...

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The people side of digital banking
The people side of digital banking

- February 14, 2018

All financial institutions are adopting new and improved digital services to meet consumer expectations. The evolution of digital is being...

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Evaluating pro forma synergies for a leveraged buyout
Evaluating pro forma synergies for a leveraged buyout

- February 5, 2018

The ability of a buyer to identify and subsequently capture synergies is crucial to the success of a deal. Lenders...

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The benefits of outsourcing human resources
The benefits of outsourcing human resources

- February 1, 2018

The human resources (HR) department is a crucial part of any business, but when HR professionals don’t have the time,...

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Business process improvement
Business process improvement

- January 9, 2018

Doing “things” the same way year after year may feel comfortable, but it could be a sign your company’s processes...

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Resume operations quickly after a disaster with an effective business continuity plan
Resume operations quickly after a disaster with an effective business continuity plan

- January 4, 2018

Without proper planning, a natural or man-made, disaster could threaten your organization’s ability to continue its operations. An effective business...

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Think outside the back office
Think outside the back office

- January 2, 2018

Many small and midsized businesses struggle with developing and maintaining the right organizational structure and skill sets to effectively compete...

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Manufacturing trend: Industry 4.0
Manufacturing trend: Industry 4.0

- December 13, 2017

What is industry 4.0? Industry 4.0 (or Industrie 4.0) originated in Germany to promote connecting components within a factory or...

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Analyzing profit and costs at a granular level
Analyzing profit and costs at a granular level

- November 1, 2017

As companies constantly search for new ways to excel in increasingly competitive environments, new product offerings are consistently seen as...

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Five keys to successful merger and acquisition integrations
Five keys to successful merger and acquisition integrations

- October 26, 2017

A successful merger and acquisition (M&A) integration requires extensive planning, here are five steps to take to help make the...

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International project management: Trends, challenges and innovative solutions
International project management: Trends, challenges and innovative solutions

- October 20, 2017

Successful projects do not occur by luck or by chance. In fact, many projects do not achieve their organization’s goals....

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The underestimated importance of business process documentation
The underestimated importance of business process documentation

- September 28, 2017

In a world where efficiency is king and transformation is a necessity, the importance of maintaining accurate business process documentation is...

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Management succession planning – Is key employee retirement and turnover a risk to your organization?
Management succession planning – Is key employee retirement and turnover a risk to your organization?

- September 21, 2017

Management succession planning is a critical task many organizations will need to accomplish in the next few years. In the...

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Providing coaching and mentoring to your IT leadership will help your CEO sleep better
Providing coaching and mentoring to your IT leadership will help your CEO sleep better

- September 14, 2017

Most chief executive officers (CEOs) think the concept of having a personal executive coach and mentor is crazy and unnecessary,...

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Revenue recognition transition – Full or modified retrospective?
Revenue recognition transition – Full or modified retrospective?

- September 7, 2017

The deadline for adoption of the new revenue recognition standards under ASC606 is fast approaching. Public companies need to adopt...

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Effective cash management – Three key areas to optimize cash flow
Effective cash management – Three key areas to optimize cash flow

- August 31, 2017

Effective cash management is vital to any organization regardless of size. Cash shortfalls can cause distress and lead to unwanted...

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Incentive compensation – Maximizing employee productivity
Incentive compensation – Maximizing employee productivity

- August 24, 2017

A carefully designed, well executed incentive compensation plan can help organizations motivate, reward and retain its employees. Incentive compensation continues...

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Robotic Process Automation (RPA) – Five guidelines to get started
Robotic Process Automation (RPA) – Five guidelines to get started

- August 16, 2017

The term Robotic Process Automation (RPA) first originated in 2000. By now, you’d think we would have eliminated manual processes completely...

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Improving organizational success through human capital investment
Improving organizational success through human capital investment

- August 3, 2017

What is the purpose of having initiatives geared towards an individual employee’s performance? Often, the immediate answer is, “to improve...

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Understanding the effects and complexities of transfer pricing
Understanding the effects and complexities of transfer pricing

- July 27, 2017

A significant volume of global trade nowadays consists of international transfers of goods and services, capital and intangibles within a...

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Replace Excel with Corporate Performance Management (CPM)
Replace Excel with Corporate Performance Management (CPM)

- July 20, 2017

Microsoft Excel is arguably the most important tool in the history of the Finance Office. Studies show that 70% of...

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Management information reporting – Organize data and define report content
Management information reporting – Organize data and define report content

- July 13, 2017

An integral aspect of reporting is making financial and statistical data available to management that is both timely and accurate....

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Mergers and Acquisitions – Significance of the first 100 days
Mergers and Acquisitions – Significance of the first 100 days

- June 28, 2017

Studies have shown that between 70% and 90% of all mergers and acquisitions (M&A) fail.  There are a myriad of...

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Improving business analytics through Corporate Performance Management (CPM)
Improving business analytics through Corporate Performance Management (CPM)

- June 22, 2017

“Big data,” and “data analytics,” have become catchphrases in the business world over recent years, as businesses attempt to make...

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Why is compensation benchmarking important to your organization?
Why is compensation benchmarking important to your organization?

- June 8, 2017

Compensation benchmarking is a method that compares an organization’s compensation and practices against those of other organizations (i.e. the “market”)....

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Why is project management important to your business?
Why is project management important to your business?

- May 19, 2017

What is change to a business? Overwhelming? Exciting? Time consuming? Necessary? These are all factors of change in a business. Internal employees...

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Finance Transformation – Enhancing your bottom line
Finance Transformation – Enhancing your bottom line

- May 12, 2017

Last month, Cyndi Mergele discussed the, “Ten reasons why companies don’t believe they need an employee handbook.” Although presented as...

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Ten reasons why companies don’t believe they need an employee handbook
Ten reasons why companies don’t believe they need an employee handbook

- April 27, 2017

Shouldn’t all companies have employee handbooks?  As Human Resource (HR) professionals, we’d say yes, but here are some of our favorite reasons...

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Enhancing your close cycle
Enhancing your close cycle

- April 20, 2017

The world we live in is fast-paced and driven by data. Middle-market companies have to be able to both function and...

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Improving the Customer Experience — Part 3 of 3
Improving the Customer Experience — Part 3 of 3

- April 20, 2017

Improving the Customer Experience part 3:  A Deeper Dive into Total Contact Ownership Providing exceptional customer care requires your Help...

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Improving the Customer Experience — Part 2 of 3
Improving the Customer Experience — Part 2 of 3

- April 18, 2017

Improving the customer experience part 2:  Making your Help Desk a One-Stop Shop Do your customers ever complain they can’t...

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Improving the Customer Experience — Part 1 of 3
Improving the Customer Experience — Part 1 of 3

- April 17, 2017

Improving customer experience part 1:  5 Things to Consider When Creating Help Desk Mission & Vision Statements Providing customers with...

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How can financial institutions bridge the technology gap?
How can financial institutions bridge the technology gap?

- April 13, 2017

Financial Institutions are at an all time high for investments and technology decision making, yet most board of directors lack...

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Systemizing financial reporting
Systemizing financial reporting

- April 6, 2017

The days of preparing SEC and internal financial reporting with a series of complicated Excel spreadsheets and Word documents are...

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Bearer of Bad News: Planning Tips for Writing Difficult Emails
Bearer of Bad News: Planning Tips for Writing Difficult Emails

- March 31, 2017

We’ve all had that day at work where we have to deliver some bad news, provide some critical feedback, or...

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Communicating during core conversion projects
Communicating during core conversion projects

- March 30, 2017

Core conversions are very time consuming and require a lot of work. The central project team ensures a successful data...

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Profitability analytics strategy
Profitability analytics strategy

- March 23, 2017

Profitability analytics is a strategy to help improve profitability through understanding and analyzing the drivers of your business. Implementing a...

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Replacing your core systems
Replacing your core systems

- March 1, 2017

From opening and servicing loans to handling depository transactions to dozens of other critical functions, core systems perform operations vital...

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Modernizing budgeting
Modernizing budgeting

- February 21, 2017

As middle-market companies are coming off the budget cycle, it is a great time to evaluate what worked and what...

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Demystifying the cloud
Demystifying the cloud

- January 27, 2017

You can’t go far in today’s IT world without hearing about the “cloud.” It seems like every week a new...

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Improving your organizations reporting
Improving your organizations reporting

- January 12, 2017

The marketplace for middle-market companies is changing rapidly due to several factors, including evolving technology, globalization and increased merger and...

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Automating accounts payable
Automating accounts payable

- January 5, 2017

Organizations should view the finance function as a strategic enabler and insightful advisor for achieving business goals rather than just...

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Project and individual change management
Project and individual change management

- December 28, 2016

Over 2500 years ago the Greek Philosopher Heraclitus was credited with the wise words “change is the only constant in...

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Modernizing expense reports
Modernizing expense reports

- December 21, 2016

Modernizing the finance function has been an area of much focus this year. CFOs are continuing to push towards optimizing...

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Digital Assessments: Encouraging banks to engage customers and deepen relationships
Digital Assessments: Encouraging banks to engage customers and deepen relationships

- December 15, 2016

“I don’t know the last time I went to the bank”, is a common statement hear among today’s consumers. Person...

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BREAKING NEWS: New I-9 form now available!
BREAKING NEWS: New I-9 form now available!

- December 1, 2016

On November 14, 2016, U.S. Citizenship and Immigration Services (USCIS) released a revised version of the Employment Eligibility Verification Form...

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Be thankful for digital
Be thankful for digital

- November 22, 2016

I have a lot to be thankful for this past year – my young daughter, great job, good health and...

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Five keys to ensuring a successful technology implementation
Five keys to ensuring a successful technology implementation

- November 3, 2016

Implementing a technology system, such as an enterprise resource planning (ERP) system,  is a fairly major undertaking, and can often...

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Part 2: Form I-9 – Completing and retaining key information
Part 2: Form I-9 – Completing and retaining key information

- October 27, 2016

In part one, we discussed the basics of I-9’s, enforcement and penalties. In part two, we’ll outline key information needed when completing...

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Part 1: Form I-9 – Not just another new hire document
Part 1: Form I-9 – Not just another new hire document

- October 19, 2016

As we wait for the new I-9 form to be released (anticipated in November of 2017), it is a good...

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Form I-9 – What to consider when filing
Form I-9 – What to consider when filing

- October 13, 2016

It is essential for companies to focus on compliance. When it comes to the I-9 form, most companies concentrate on making...

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IT shouldn’t be a core competency for middle market companies
IT shouldn’t be a core competency for middle market companies

- October 5, 2016

If you are an executive or manager in a middle market company, there is one important IT lesson that you...

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Value of project management for mergers and acquisitions
Value of project management for mergers and acquisitions

- September 29, 2016

The failure rate for mergers and acquisitions is between 70 percent and 90 percent, according to Harvard Business Review. The management...

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Keys to third party relationship management – Ongoing monitoring/termination
Keys to third party relationship management – Ongoing monitoring/termination

- September 15, 2016

As discussed in the previous blog post, contracts are the formalization of the relationship. Ongoing monitoring is confirming the vendor...

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Keys to third party relationship management – Contracting
Keys to third party relationship management – Contracting

- September 8, 2016

As we discussed in the previous blog post, due diligence determines how we evaluate the bids, the vendors’ qualifications and...

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Keys to third party relationship management – Due diligence
Keys to third party relationship management – Due diligence

- September 1, 2016

As we discussed in the previous blog post around planning, understanding your project needs, and the third-party vendor requirements, in advance,...

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Keys to third party relationship management – Planning
Keys to third party relationship management – Planning

- August 25, 2016

As technology continually is changing our world it is also changing how we interact with our third-party vendors and suppliers....

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Part 2 –  Key considerations and trends for selecting a Human Resource Information System (HRIS)
Part 2 – Key considerations and trends for selecting a Human Resource Information System (HRIS)

- August 4, 2016

Now that you have taken the time to understand the due diligence prior to your Human Resource Information System (HRIS)...

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Part 1 – Selecting a Human Resource Information System (HRIS)
Part 1 – Selecting a Human Resource Information System (HRIS)

- July 28, 2016

Human Resource Information System (HRIS) applications are utilized by organizations to manage everything related to talent management, from recruiting, to...

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Three keys to building an effective business intelligence platform
Three keys to building an effective business intelligence platform

- July 21, 2016

In today’s highly competitive business environment, organizations should look to leverage all opportunities to gain insight and make better, more...

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Transforming the finance function into a strategic business advisor
Transforming the finance function into a strategic business advisor

- July 13, 2016

In today’s competitive marketplace, thriving middle market companies that are thriving tend to have a robust continuous improvement culture, especially...

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Understanding crucial conversations
Understanding crucial conversations

- July 6, 2016

Crucial conversations are defined as, “a discussion between two or more people where (1) stakes are high, (2) opinions vary, and...

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Mentorship culture
Mentorship culture

- June 29, 2016

As we work with clients to develop leadership training, increase employee retention or morale, one of the pieces most often...

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Managing your work life balance
Managing your work life balance

- June 24, 2016

Our high performers are moving at such a quick pace to be successful in the workplace and they are eager for promotion, the...

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Four factors to developing a centralized procurement model
Four factors to developing a centralized procurement model

- June 15, 2016

Enhancing the strategic role of state procurement through a centralized procurement authority has become a top priority for decentralized states....

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Standard costing vs. actual costing
Standard costing vs. actual costing

- June 9, 2016

In the course of our engagements, we often help clients evaluate costing methodologies for manufacturing clients.  Whether they are considering...

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Strategic planning within your organization
Strategic planning within your organization

- June 2, 2016

The season of strategic planning is fast approaching, as many organizations review and update the plan in advance of starting...

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5 steps to implement to zero-based budgeting
5 steps to implement to zero-based budgeting

- May 26, 2016

Zero-based budgeting (ZBB) was first introduced in 1970 in Harvard Business Review. It’s a repeatable process to review every dollar...

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Improve your budgeting and forecasting success
Improve your budgeting and forecasting success

- May 25, 2016

Budgeting and forecasting can be a demanding process with less than satisfactory results. Although there is no “magic bullet” for...

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Five ways to gain better intelligence from your business data
Five ways to gain better intelligence from your business data

- May 18, 2016

The value of Business Intelligence (BI) is well established and a growing focus of technology implementations world-wide. BI may be...

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Part 3 – Project planning for Financial Institutions merging together
Part 3 – Project planning for Financial Institutions merging together

- May 11, 2016

In the previous blog post around project planning for financial institutions, we detailed the history of two financial institutions merging...

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Part 2 – Project planning for Financial Institutions merging together
Part 2 – Project planning for Financial Institutions merging together

- May 4, 2016

In the previous blog post around project planning for financial institutions, we detailed the history of two organizations merging to better serve...

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Part 1 – Project planning for Financial Institutions merging together
Part 1 – Project planning for Financial Institutions merging together

- April 27, 2016

Two like size financial institutions are merging together to better serve their customer base and meet regulatory requirements. The banks have...

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4 steps to implement rolling forecasts
4 steps to implement rolling forecasts

- April 20, 2016

Imagine a ship that sets course based on last month’s weather patterns. No matter what happens, the ship doesn’t deviate...

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Part 2 – Importance of enterprise architecture for the middle market
Part 2 – Importance of enterprise architecture for the middle market

- April 13, 2016

In my previous post, I discussed the basics behind the importance of enterprise architecture (EA). The open group describes the need for...

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Understanding your functional currency implications for ERP
Understanding your functional currency implications for ERP

- April 6, 2016

When establishing a new international subsidiary in an Enterprise Resource Planning (ERP) system, selection of currency for international subsidiaries can be...

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Choosing a sponsor for Project Success
Choosing a sponsor for Project Success

- March 30, 2016

Every major initiative undertaken by a company needs a leader to champion the change. In fact, having an actively engaged...

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Part 2 – Measuring and reporting project impact for nonprofits
Part 2 – Measuring and reporting project impact for nonprofits

- March 23, 2016

In part one of this series, we discussed the changing environment of donors, the need to have a structure in...

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Part 1 – Measuring and reporting project impact in nonprofits
Part 1 – Measuring and reporting project impact in nonprofits

- March 17, 2016

In today’s fundraising environment, donors are requiring a greater amount of transparency and engagement. They want comfort that their dollars...

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Developing future leaders
Developing future leaders

- March 16, 2016

How many times do we hear leaders say they, “can’t”… take a day off, skip a meeting or not do...

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The importance of succession planning
The importance of succession planning

- March 10, 2016

One of the biggest challenges for many organizations is how to prepare for the next generation of management. We often...

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Operationalizing your IT environment
Operationalizing your IT environment

- March 3, 2016

Whether you’re a Private Equity investor or a C-level executive, every organization is focused on improving EBITDA (Earnings before Interest, Taxes,...

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Importance of Software Development Testing
Importance of Software Development Testing

- February 24, 2016

Most IT professionals, especially those in high technology or software development, are very familiar with the appropriate steps regarding Software...

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Hoshin planning for industrial product companies
Hoshin planning for industrial product companies

- February 17, 2016

A Hoshin plan is a key tool for industrial products companies. It is a lean tool that aids in aligning your companies’...

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Project management with your implementation partner
Project management with your implementation partner

- February 10, 2016

In managing any system implementation project, knowing the vendor or implementation partner is often times as important as understanding the...

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The importance of project estimating to minimize project delays
The importance of project estimating to minimize project delays

- February 5, 2016

There have been countless articles written on why many projects go over budget and beyond their implementation date. We tend...

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Budgetary challenges faced by Social Services organizations
Budgetary challenges faced by Social Services organizations

- February 4, 2016

Many Social Services organizations across the United States are struggling to stay afloat. Although most agencies receive a significant amount...

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Data integrity in the middle market
Data integrity in the middle market

- January 28, 2016

Sometimes I think mid-market companies consider data integrity to be a “big company,” problem. Having worked at a couple of...

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Part 4 – Redesigning your budget process:  Implementation
Part 4 – Redesigning your budget process: Implementation

- January 20, 2016

In part 3 of this series, Redesigning your budget process,  I discussed the due diligence of a U.S. based manufacturing company’s budget process...

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Part 3 – Redesigning your budget process:  Due diligence
Part 3 – Redesigning your budget process: Due diligence

- January 13, 2016

In part 2 of this series, Redesigning your budget process, I discussed the system selection process with a U.S. based manufacturing...

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Part 2 – Redesigning your budget process:  System selection
Part 2 – Redesigning your budget process: System selection

- January 6, 2016

In part 1, Redesigning your budget process, I discussed the needs assessment of a U.S. based manufacturing company’s budget process and their...

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Part 1 – Redesigning your budget process:  Needs assessment
Part 1 – Redesigning your budget process: Needs assessment

- December 30, 2015

A U.S. based manufacturing company is heavily leveraging Excel to complete their budget process across multiple cost centers, lines of business...

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Developing a vision for change within your organization
Developing a vision for change within your organization

- December 22, 2015

Technology is instrumental in driving efficiencies in private-sector and government operations. Your technology initiatives must align people, processes and technology...

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Preparing for a cost effective system implementation
Preparing for a cost effective system implementation

- December 16, 2015

Our clients are always looking for ways to decrease the costs related to implementing a new ERP system. Below are a few...

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Financial sustainability for nonprofits
Financial sustainability for nonprofits

- December 8, 2015

Inconsistent delivery of services, quality issues, and lack of adequate funding to sustain operations can have a significant impact on...

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Strategic planning can set the course for an organization
Strategic planning can set the course for an organization

- December 4, 2015

Have you ever worked on a project and wondered why you are doing it or what its true purpose is?...

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The key to finding a strong IT leader today
The key to finding a strong IT leader today

- November 24, 2015

As the first generation of IT leaders are starting to retire, we’re seeing a constant struggle to promote or hire the...

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Solving your organizations communication problems
Solving your organizations communication problems

- November 18, 2015

Recently, we performed an assessment of two departments and provided recommendations around staffing, organizational structure, and roles and responsibilities for...

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Reducing your month-end close cycle
Reducing your month-end close cycle

- November 13, 2015

Recently, we worked with a mid-market organization facing a number of challenges. They are growing, have a large number of...

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Developing the right data strategy for your business
Developing the right data strategy for your business

- November 5, 2015

Recently, I met with the leaders of several different departments at an organization. Each of them described an ongoing data...

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Part 1 – Importance of enterprise architecture for the middle market
Part 1 – Importance of enterprise architecture for the middle market

- November 3, 2015

At its core, enterprise architecture (EA) is a way of bringing synergy between the business and Information technology (IT). It...

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The new face of the CIO
The new face of the CIO

- October 29, 2015

Chief Information Officer’s (CIO’s) today face daily technology changes, cyber security threats and managing employees and vendors in a whole...

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Using planned communications to improve project management
Using planned communications to improve project management

- October 27, 2015

Project managers frequently create project plans to meet important project deadlines, but very seldom do I see them spending the time to...

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Asking the right questions – Benchmarking for organizational issues
Asking the right questions – Benchmarking for organizational issues

- October 22, 2015

Benchmarks and best practices are a popular topic. “What are my peers doing about new regulation? What do similar companies spend...

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Five tips to streamline your procure-to-pay process by leveraging technology
Five tips to streamline your procure-to-pay process by leveraging technology

- October 19, 2015

The procure to pay process is a necessary but time consuming and manual process particularly in small to mid-size organizations...

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Capitalization of agile projects for internal-use software
Capitalization of agile projects for internal-use software

- October 15, 2015

A growing number of organizations are adopting agile practices for software development. While technology professionals eagerly embrace this trend, agile...

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Scaling your pharmaceutical finance function in parallel to your growing business
Scaling your pharmaceutical finance function in parallel to your growing business

- October 13, 2015

Pharmaceutical companies that begin as research and development (R&D) organizations and successfully make their way through the various drug development...

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Corporate Theft: Beware the low tech hack
Corporate Theft: Beware the low tech hack

- October 9, 2015

The news over the last 24 months has been flooded with stories of technically advanced, sexy, almost Hollywood Blockbuster style...

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Part 2 – The importance of having a data migration strategy
Part 2 – The importance of having a data migration strategy

- October 8, 2015

In part one of my post, I highlighted the things you should consider as part of your data migration strategy....

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Part 1 – The importance of having a data migration strategy
Part 1 – The importance of having a data migration strategy

- October 6, 2015

You have done the planning met with your stakeholders, written requirements, produced test cases, and collaboratively designed the interface. Then,...

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Part 2 – Seven steps to help drive innovation within a mid-market organization
Part 2 – Seven steps to help drive innovation within a mid-market organization

- October 5, 2015

In the first part of this series, I explained the need to understand how mid-market organizations are currently spending their money on information...

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Part 1 – The importance of mid-market organizations understanding innovation opportunities
Part 1 – The importance of mid-market organizations understanding innovation opportunities

- October 1, 2015

The International Data Corporation (IDC), which is the leading market research firm for Information Technology predicts that “by 2018, one...

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Optimizing the finance function to drive shareholder value
Optimizing the finance function to drive shareholder value

- August 25, 2015

Over the past 12-18 months we have seen a shift in spending in many organizations. Where many organizations previously focused...

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Continual Compliance (Compliance vs. Security)
Continual Compliance (Compliance vs. Security)

- August 18, 2015

There is a modification of an old saying that has come to the security community that “Security is a journey....

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How are we going to implement Chip and PIN by October?
How are we going to implement Chip and PIN by October?

- August 17, 2015

We have had a lot of clients coming to us recently asking about the Card Brands (VISA, Mastercard, American Express,...

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Corporate Performance Management (CPM) – The implementation big picture
Corporate Performance Management (CPM) – The implementation big picture

- July 30, 2015

Is your CPM implementation team only automating your planning process or are they automating the process and creating enterprise value? There...

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Processes drive predictable, reliable results
Processes drive predictable, reliable results

- July 24, 2015

Process failures can cause missed deadlines, escalated costs, and wasted time. Some can even be career-threatening and yet, process failures...

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Five things to consider for your merger integration
Five things to consider for your merger integration

- July 22, 2015

Approximately one-third of all integrations don’t live up to the acquirer’s expectations. What should you do to assure a successful...

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Improving  your organization’s monthly close process
Improving your organization’s monthly close process

- July 15, 2015

The best practices for closing your organization’s books on a monthly basis should be focused on the following principals: accuracy,...

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Vendor Management In PCI v3
Vendor Management In PCI v3

- June 23, 2015

The relationship between business partners that share sensitive data is changing, as information now has as much value as currency....

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Technology debt – What is it and how can it be avoided?
Technology debt – What is it and how can it be avoided?

- May 26, 2015

Simply put, technology debt refers to a company’s failure to leverage new technologies to improve their business processes and operations....

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Why we attended Microsoft Ignite
Why we attended Microsoft Ignite

- May 12, 2015

In this highly connected world, the differences with attending a full blown technical conference versus not attending and watching the post-conference blogs, presentation...

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A proven strategy to increase profitability
A proven strategy to increase profitability

- April 13, 2015

Zero-based budgeting (ZBB) is a proven strategy to improve profitability by holding each department/cost-center owner responsible for justifying all their...

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Watching the Masters Can Teach Us about Teamwork
Watching the Masters Can Teach Us about Teamwork

- April 8, 2015

It’s Masters Week. The majority of media buzz so far is about Tiger’s return to golf after a nine-week absence...

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Overcoming initiative overload: Part 2
Overcoming initiative overload: Part 2

- March 30, 2015

In the first part of this series, I discussed the symptoms of an organization at risk of being paralyzed by...

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End of SSL – PCI DSS 3.1
End of SSL – PCI DSS 3.1

- March 27, 2015

Since the beginnings of eCommerce on the internet SSL has been a staple of securing communications across the internet. Originally...

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Overcoming initiative overload: Part 1
Overcoming initiative overload: Part 1

- March 23, 2015

In response to recent economic challenges, many organizations went into somewhat of a self-preservation mode. They cut costs, reduced their...

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Critical strategy considerations – Part 3: Organizational effectiveness and competitive differentiation
Critical strategy considerations – Part 3: Organizational effectiveness and competitive differentiation

- March 17, 2015

Organizations evolve. There are some primary considerations to evaluate during the planning process for improved performance and effectiveness moving forward....

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Big Data can be tamed
Big Data can be tamed

- March 17, 2015

Big Data is getting bigger.  No matter how you define it, you know it’s true: Data is accumulating at an...

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Final Four Lessons from March Madness
Final Four Lessons from March Madness

- March 13, 2015

March Madness grips the nation again on March 17 when the NCAA college basketball tournament kicks off play. Besides obsessing...

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People finding: One chart, one story
People finding: One chart, one story

- March 10, 2015

Because of the size of our office, we created an employee directory in SharePoint to make it easier to find...

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Critical strategy considerations – Part 2: Commitment to operational improvements
Critical strategy considerations – Part 2: Commitment to operational improvements

- March 10, 2015

Many companies have reduced costs out of necessity to improve earnings. However, during the business planning process it is important...

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When Outsourcing in the Health Care Industry, Don’t Forget the Soft Stuff
When Outsourcing in the Health Care Industry, Don’t Forget the Soft Stuff

- March 6, 2015

We all need the cold, hard facts when we’re evaluating things like health care industry revenue cycle leakage and key...

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Critical strategy considerations – Part 1: Business planning
Critical strategy considerations – Part 1: Business planning

- March 3, 2015

Lewis Carroll insightfully acknowledged that “If you don’t know where you are going, any road will get you there.” This...

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Customer experience and culture in organizations
Customer experience and culture in organizations

- February 25, 2015

Who is responsible for the Customer Experience (CX) at your organization? Most large organizations have a marketing team that conducts...

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3 strategies to modernize your budgeting efforts
3 strategies to modernize your budgeting efforts

- February 20, 2015

It’s that time of year again. Most organizations have recently completed or are wrapping up their budgeting/forecasting process. Now is...

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Corporate video management in the Cloud
Corporate video management in the Cloud

- February 17, 2015

Within many enterprises they have gigabytes — even terabytes  – of video that exist on file servers. Using this type of storage causes...

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3 leadership lessons from “The Call”
3 leadership lessons from “The Call”

- February 6, 2015

They could hear Seattle’s anguished screams on the East Coast. First, there was The Catch. That one amazing catch by...

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Invoice management with Knowledge Lake
Invoice management with Knowledge Lake

- November 11, 2014

No company is immune to getting vendor invoices, processing them, remitting the invoice amount from Great Plains Dynamics and then...

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Zappos & Customer Relationship Management
Zappos & Customer Relationship Management

- October 22, 2014

Did you know that Zappos lost 1.6 million dollars in one day due to a technical error on pricing?! The...

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