7 Steps to Build a More Resilient and Adaptable Enterprise
In today’s business environment, change can happen fast. From new competitors that seem to appear overnight to global circumstances that affect companies worldwide to a surprise increase in sales demand, it can be difficult to manage change without flexibility and cash-flow control.
To stay resilient through unexpected circumstances, visibility into costs and control over how your business’s funds are spent are imperative to create the operational agility needed for business continuity. Without visibility and the tools to act, it’s difficult to know where to best direct funds to stabilize and thrive in these new circumstances. At the same time, while your teams focus on necessary high-priority tasks, the door may be left open to more mistakes, noncompliant spend, and more fraud than usual.
Fortunately, intelligent finance technology can help your teams keep an eye on spend, find ways to tighten the purse strings, and best direct cash flow, allowing you to create a more agile and resilient enterprise.
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Spend Management Checklist: Six Questions to Consider
Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant.
Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...
Delivering Modern Working In Manufacturing
Manufacturing organisations find themselves facing multiple challenges and opportunities.
These include managing the complexities of remote working, keeping ever more complex production lines running efficiently, enabling and empowering employees and maintaining the highest levels of customer service. ...
Empower Your People To Boost Productivity
Today, keeping manufacturing processes running smoothly calls for close collaboration – between personnel, between machines and increasingly, between people and equipment.
New digital solutions are providing more ways for employees to access data wherever they work and more flexible communications that support the never-ending quest for higher productivity.
In this Insight Guide, we look at some of the ways digital transformation can help manufacturing organisations meet the growing challenges of a changing world and deliver better custom ...
Five Ways Hands-On Digital Tools Help Manufacturers
As the fourth industrial revolution unfolds, digital technologies are providing powerful solutions to the existing and emerging challenges facing manufacturers.
From car making to cosmetics production, nearly 65 per cent of UK businesses plan to invest in innovative digital technologies including automation, artificial intelligence (AI) and additive manufacturing over the next couple of years. ...
Maximize Recovery
Achieve your best RTOs and RPOs
In an increasingly digital world, all organizations, across all industries, are susceptible to disruptions resulting in downtime and data loss. Given enough time, it is almost guaranteed that your organization will encounter a disruption. Whether caused by a cyberattack like ransomware, a natural disaster, or a human error, each disruption causes enormous financial cost from lost productivity, lost data, and loss of reputation.
When a disruption occurs, an unprepared organization may not be able to recove ...