A faster period-end process facilitates finance team to provide executives with more timely access to the latest profitability, cash flow and business efficiencies insights, enabling them to make quicker and better-informed decisions. And, the role of CFO will have the right numbers to oversee and influence over decision-making processes to drive business value in key (…)
For 2021, fortifying new ways of doing business that many companies pioneered in 2020 means Automate any function you can. Take any hastily-built systems from 2020 and fortify them, making them sustainable for the long haul to free up resources. Continue piloting brand-new modes of communication with both clients and suppliers. Subject-matter experts from Brainyard, (…)
Forecasts and targets set months in advance do not take into account new challenges or fresh opportunities that arise. We have all experienced the responsiveness required in managing the bottom line since the pandemic has been escalated. Agile organisations integrate financial and operational data, embed analytics in every process, and use advanced analytical techniques to forecast (…)
How can your organisation leverage the built-in cash flow functions of NetSuite CloudERP? One Pacific provides enhanced cash flow reporting that takes cash flow to the next level of business excellence. Based on your unique business model, our team enhances the information that is captured, combines it with a statistical approach, and turns it into (…)
Multiple legacy systems. Spreadsheets. Confirmation. New incident codes. Robotic Process Automation (RPA) can bridge the gap between your ERP and manual process with spreadsheets/third party portal and legacy applications, complying with your internal process and utilizing your cloud ERP for real business process optimization and data-driven decision making. You no longer spend 50% of time and manpower on (…)
Manage your profits as seriously as you manage your customers. But how? As Hong Kong adheres to social distancing and work-from-home measures in response to the public health concerns, marketers and advertisers are grappling with the fallout. Consumers avoiding public spaces has led to a drop in outdoor marketing effectiveness, while traditional cash flows continue (…)
COVID-19 virus outbreak is taking off the masks from SMBs’ operational vulnerability in Hong Kong. How agile your team and system tackle the market and operational challenges to maintain your profitability in these two months, or maybe longer? Businesses who survive anytime run on a “single source of truth” . Business continuity means your finance, (…)
It is just mid-Feb. Isn’t it too late to revise your 2020 budget? No. It depends on how agile you are in consolidating your corporate decisions of the CFO, CEO, the Board of Directors and department heads. Amid the turbulences in the company operation in times of uncertainties, your team being the Financial Planning and (…)
If you’re a business leader or entrepreneur, this may not be the first day you find your financial data is one of the most difficult things to access, organize and continue tracking without your finance manager. From time to them, your finance and accounting team utilizes different systems to track different products and segments of (…)