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Fahrenheit Expert Spotlight: Kim Moore, Business Advisory Consultant
Kim Moore is an automation evangelist. For her, robots are not threatening humanoids or massive assembly line machines. They are lines of software code, accessible to businesses of any size, that can connect digital systems and automate repeatable processes – optimizing business operations by freeing humans for higher level, more valuable work. “Even small gains in productivity and efficiency are…Read More
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Maximize Business Agility with Financial Statement Close & Reporting Automation
To move your business forward, you need real-time financial data. Better financial data produces smarter insights. Smarter insights support smarter decision-making. And smarter decision-making empowers your business to respond to new opportunities, make strategic adjustments, and, most importantly, drive growth. Today’s future-forward businesses maximize business agility with financial statement close and reporting automation that promises more accuracy and more access…Read More
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Effective Client Targeting is Critical to Law Firm Growth
The lawyers and professional staff at law firms who are assigned direct responsibility for growing revenue are more effective when leadership provides a clear sales strategy, or at least the ground rules for generating one. Absent such guidance, the firm’s revenue success is dependent on the outcome of random, perhaps disconnected pursuits. Without a sales strategy, opportunities for synergy and…Read More
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Going Paperless Makes Sense and Saves Cents
“Going paperless.” These two words cause anxiety in the business world because they mean change, and most people cling to the status quo like a dog’s grip on a bone. Many believe using paper makes processes and systems more organized, and companies that use physical documents are resistant to changing “the way it’s always been.” The truth is, as a…Read More
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Automate Hire-to-Retire Processes to Stay Competitive (Series: Part 4 of 5)
The Great Resignation. Remote and hybrid workers. DE&I. Workforce transformation. Upskilling. Record job openings. The talent shortage. The last two years have brought new ideas, new expectations, and new challenges to the world of HR. With the outlook for 2022 bringing more of the same, there’s no better time to get your HR house in order, strengthening hire-to-retire processes to…Read More
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PODCAST: 8 Retention Strategies to Halt Employee Resignations in 2022
Since writing the article, 8 Retention Strategies to Halt Employee Resignations in 2022, I had the pleasure of participating in a podcast hosted by the Richmond, Virginia chapter of Society for Human Resource Management (SHRM) entitled Navigating Through the Great Resignation: 8 Key Strategies to Retain Talent. Now is not the time to be complacent. The Great Resignation includes employees…Read More
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Trends and Opportunities for CPA Firms in 2022
We’re still adapting to the changes CPA firms experienced during the pandemic. The trends and challenges facing CPA firms in 2022 are a direct result of new experiences, new environments, and new expectations brought about by COVID-19, including such challenges as staff shortages and capacity issues. As we reflect on the second anniversary of the World Health Organization declaring COVID-19…Read More
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5 Critical Questions to Ask Before Investing in a New Accounting System
To illustrate the importance of making a careful, educated decision about whether to invest in a new accounting system, I will share a cautionary tale and offer five critical considerations before making a switch. A few years ago, a client of mine took me to lunch in his new Porsche 911. The car was gorgeous. It was fast and it…Read More
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“No” to Complacency and “Yes” to Optimization Opportunities
You’ve worked hard to get your business where it is today. You’re doing well. You have hard-working employees. You have loyal customers — though you’re not seeing steady customer growth, you’re not losing them, either. Despite a few issues, the business is rolling along. And you’re OK with that. Or are you? Sometimes you think you could do things more…Read More
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5 Strategies for Navigating Tough Workplace Conversations
You know that feeling. The one in the pit of your stomach. The one that keeps you up at night. The one you’re afraid to discuss with anyone. It’s the “I don’t want to have this tough conversation at work” feeling. In the season of performance management, this feeling is present for many managers and employees alike. Let’s face it…Read More
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6 Best Practices to Optimize Employee Onboarding
Onboarding new employees builds foundations that are relevant to your organization, such as your mission, vision, corporate culture, and employee value proposition (EVP). If you consider that it can take a year for new employees to perform at full capacity in their new roles, your goal should be to set new colleagues up for success and ensure the health of…Read More
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5 Tips for Effective Business Goal Setting
Rowing requires a crew of eight oarsmen to row in near-perfect unison to win a race. Each crew member has a distinct role. The coxswain steers the boat, makes tactical calls, and encourages the crew, while the “stroke” sets the cadence of the blades in and out of the water. The middle crew in positions 3, 4, 5, and 6…Read More