The COVID-19 virus, its many variants, and the resultant pandemic reminds us to not take anything for granted. Disruptions have always been with us in our VUCA world. Do we panic at the time of a disruption? or as credible leaders do we chart newer and better ways to enter turbulent waters? Digital innovation… Continue reading The SME Finance Organization in a new-normal Disruptive World
Category: Insight Consultants FMS
Part 1 – Finance and Accounting folk – are you DIGITALLY overwhelmed?
Is your firm overwhelmed, underwhelmed, or are you doing it just right, digitally? We’ll cover these questions in our brief three-part article on the subject. Tedious and archaic finance and accounting digital systems still exist especially in small and medium enterprises. The larger companies have the big bucks to spend to get it just… Continue reading Part 1 – Finance and Accounting folk – are you DIGITALLY overwhelmed?
DIGITAL TRANSFORMATION: Reshaping the future of finance and accounting
Digital transformation represents a key competitive opportunity, highlighting the fact that going digital is a top priority for everyone in every industry. All firms in all industries will eventually need to be finance and accounting empowered with the newest digital technology capability. BUT… Research shows that most firms spend less time on digital empowerment. Obsolete and traditional financial practices are still used. Key… Continue reading DIGITAL TRANSFORMATION: Reshaping the future of finance and accounting
The Tyranny of the Mechanics and the Protection of the Core
An important question that you need to ask periodically with intentionality is – What are the core components in your business that require your time and what are the ‘mechanics’ or the ‘rinse and repeat’ type repeatable tasks that can be out-tasked. You need to actually write down these under two lists. This is… Continue reading The Tyranny of the Mechanics and the Protection of the Core
Back to the Future of Accounting and Bookkeeping
Artificially Intelligent Robot Tells it’s Creator It Will Keep Humans “In a People Zoo…” Will the machines take over the accounting and bookkeeping industry? Will the applications put the traditional bookkeepers into the “National Museum of Accounting history?” The short answer is yes! Unless you are ready to evolve. Tell me if this defines best… Continue reading Back to the Future of Accounting and Bookkeeping
Automating your Quoting Process for better benefits
As a professional services provider, how would you rate your Quote to Order process? Is it time for an overhaul? Speaking to engineering consulting services, it was quite evident that 90% of the enquiries came through referrals and word of mouth, despite various initiatives in marketing. Most business owners themselves handled sales and therefore the Quote to Order process, and the majority felt… Continue reading Automating your Quoting Process for better benefits
Automate…automate…automate … APIs & RPAs to your advantage
Automate…automate…automate …You probably have heard the automate refrain many times over by now! Are you familiar with Robotic Process Automation (RPAs) ? For those who are not – any process that is repetitive in nature and is a ‘low hanging fruit’ for automation can be called a Robotic Process. Can you identify robotic processes in your workflow? … Continue reading Automate…automate…automate … APIs & RPAs to your advantage
Taking advantage of unconventional capability
Here is the true story of a structural engineering consultancy which was able to deploy virtual teamwork (with our team at Insight Consultants, formerly known as Stylus) and develop cost effective dashboards to take on new projects and drive growth. Advancement in technology and more specifically cloud applications and tools have given Small and medium-sized… Continue reading Taking advantage of unconventional capability
Cost effective dashboards for professional services firms
Navigating small and medium sized businesses is extra tricky these days. The speed of technology and economic changes means that there is a constant need to adapt and dynamically solve new problems. What worked in the past is not guaranteed to work today and might even be a disaster tomorrow. Key challenges faced by… Continue reading Cost effective dashboards for professional services firms