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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 -
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 -
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 -
“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 -
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 -
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 -
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 -
Maximize Efficiencies with Purchase-to-Pay Process Automation (SERIES: Part 3 of 5)
Want to increase profits through more efficient operations? Business process automation for your purchase-to-pay processes will get you there.
There’s no better time to implement business process automation — called BPA and also known as digital transformation — to up-level your business and set the stage for transformational growth.
Business process automation is at the top of to-do trends for…Read More -
6 Best Competitor Analysis Tools (Updated for 2022)
Crunchbase
FactSet
Visualping
SEMRush
LexisNexis
PowerBI
Knowledge360Ⓡ
Competitor analysis plays a vital role in the strategies of many of the world’s leading firms, acting as an important input into key strategic decisions. But as the industries that businesses compete in become increasingly complex, it’s more important than ever that competitive intelligence analysts like you embrace tools that enable you to deliver…Read More -
5 Ways to Ensure Employment Compliance
Line 1 across, 5 letters, starts with “C.” Clue: Unprecedented challenge.
The HR policy and procedure update checklist for most businesses has been a very short (not so sweet) crossword since March 2020. HR professionals, particularly those at small to midsize companies, have had a singular focus – COVID compliance.
Payroll company Paychex’ 2021 Pulse of HR Report,…Read More -
Why Automate Customer Orders to Cash (SERIES: Part 2 of 5)
Thanks to the pandemic, business process automation is more important now than ever before. In fact, Forbes has tagged automation as 2022’s #2 biggest business trend and the #1 tech trend that will dominate business in the coming year.
What does that mean for you? It’s time to get on board, if you haven’t already.
When you leverage business process…Read More -
Ensure Timely and Accurate Financials With a WIP Report
The Work in Progress report is an important tool, used primarily by construction, engineering, supply chain management, and other companies involved in complicated multi-step projects which involve timelines stretching over months, and in some cases, years. This article, written with the construction industry in mind, briefly surveys the usefulness of the WIP report and the inherent hazards of improper usage.…Read More