Business continuity and crisis management plans commonly prepare organisations for a one-off event. But few organizations, if at all, were prepared for a threat like COVID-19 that could potentially play out over months or longer.
As part of the CARES act, the US federal government has approved a nearly 350-billion-dollar program intended to provide American small businesses with eight weeks of cash-flow assistance through 100% federally guaranteed loans. All loan terms will be the same for everyone.
The emergence of COVID-19 went beyond the wildest imaginations of risk assessors. Busy forecasting against the “traditional business” threats, it did not occur to most people that a virus could disrupt, and even halt, major world economic sectors.
Finance holds the key to crisis response agility with modern analytics tools such as DataRails that enable flexible and informed decision making. It is crucial that the management team consistently review, reassess, and- where required- reset, their action plan to ensure they remain relevant and focused on the right areas to remain viable.
News. Communications. Fitness. Music. Arts. Vendors of all shapes and sizes are getting creative to help us all ride out this wave.
For enterprise technology adoption, price is no longer an issue.
Right before the turn of the year, Gartner conducted a 2020 Agenda Poll. What did they find?
While the finance department leads the direction of an organization, the function hasn’t seen much change over the years. Teams today rely heavily on Excel, just as they did some twenty years ago. Instead of leveraging the power of the large datasets available today, data analysis and business insights still depend on individual knowledge.
As companies continue to aggregate larger and larger volumes of data, data security becomes of greater and greater significance. This is where SOC 2 compliance comes in.
This idea of collaboration starkly contradicts the ever popular conception of machine takeover, a vision that is the source of much misplaced fear. The matter of fact is that augmented intelligence is a much more realistic representation of what is to come, and even of what is already here.
