Environmental, social, and governance (ESG) goals are a necessary part of a company’s initiative toward sustainability and equality. ESG is gaining traction, with 91% of business leaders admitting that they think they are responsible for addressing ESG issues. These issues include carbon emissions, climate change, anti-corruption, water use, community development, and human rights. Changes in behavior and society are driven by incentives that are primarily financial, and this is why sustainable finance is critical to tackling these issues. Companies can incentivize customers to make eco-friendly decisions and invest in companies that are on a journey toward Net-Zero (or are already there). This is all a part of their ESG framework, which tracks, plans, and reports on an organization’s actions.
We hear dashboards are on their way out. I recently saw a tombstone for Dashboards on TDWI’s thought post (good read, btw!). Try a Google search for "dashboards 2021" and you may find many references that say dashboards are becoming obsolete. Sirius maintains, however, that dashboards have simply been upgraded. Quality data visualization for business intelligence dashboards helps businesses make money. The function of data visualization and continuous data curation allows for deeper insights and predictive measures, helping businesses make better decisions and create improved business performance. Old dashboards, perhaps, were clunky, took time to build and maintain, and changes were slow and expensive. But, the evolution of analytical dashboards now allows for businesses to quickly analyze data and run better.
The amount of corporate data is expanding and appears to be at an all-time high. Every organization today is rapidly evolving into a data organization. In an era where data is becoming the backbone of an organization (i.e., companies use data to identify the overall health of an organization) and the decision maker (i.e., companies use data to make judgments and predictive analytics), businesses must find out how to best organize their data.
The new year presents an excellent opportunity to capitalize on the benefits of proactively planning your digital financial transformation projects. In many cases, the financial and operational executives in organizations are the leaders of strategic transformation and change management possible within the organization. In preparation for the start of a new year, financial departments also should evaluate their strategic priorities and designate initiatives that will address time-consuming, redundant, and administrative activities.
Reduce DSO and bad debt with AI-based Integrated Receivables Platform. Connect credit, billing and invoicing, cash application, deductions, and collections into a single business process.
An in-depth grasp of Order-to-Cash and accounts receivable will allow your organization to improve cash flow management, capitalize on time-sensitive opportunities, and retain flexibility within your business.
Organizations capture and consume massive amounts of data every second. Customer intelligence enables organizations to forecast and motivate action. Some of the techniques used include cash forecasting, predictive modeling, and regression analysis. Sirius Solutions helps clients use these techniques with root-cause investigation to gain insights and accelerate cash.
The global pandemic created an employment market where people stayed put “sheltering in job” to wait out the unknown. Now that lockdowns and quarantines have lifted, the economy is reopening and racing toward digitalization and one-of-a-kind online innovations. We are seeing a massive demand for highly skilled talent, particularly in accounting, finance, data analytics, and system implementation/optimization.
The implementation benefits realized by the oil and gas sector while using Quorum ERP software are enhanced asset performance, improvement in project administration, and better cost control.
The Oil and Gas industry has come a long way, from revolutionizing techniques for extraction, refining, and utilizing fossil fuels, to improving these same processes based on the increasing technology-driven demands for resources. Oil and Gas business leaders can now take advantage of digital transformation and digital modernization, move forward, and explore key innovation strategies. With the right technology, companies can now easily empower industry leaders and consumers to continuously generate and capture the value of the Oil and Gas industry.
Digital transformation and digital modernization are rapidly evolving as indicators of success for businesses and companies worldwide. Technology, along with its proper application and utilization, has shown the potential to empower both business leaders and consumers with unparalleled opportunities for generating and capturing the value of services and products.
When disasters strike, it affects businesses from top to bottom and in every aspect, including financials and workforce procedure. Having a common-sense approach to continuity and recovery is essential for companies to protect themselves in uncertain times.
The world of CRM continues to morph with new software systems and new best practices, as our CRM practice is deeply focused on Salesforce and Dynamics. With more and more companies revisiting their CRM workflows post-COVID, we continue to reassess and incorporate best practices for implementing platforms, workflows, and data.
Sirius Solutions has been creating and deploying Treasury and Cash Management solutions for business leaders for over two decades. Technology that could augment or enhance these solutions, such as understanding the behaviors, routines and decisions that improve cash flow, didn’t exist ten years ago. But over the last decade, we have been focused on identifying and evaluating technology that can improve our clients’ business performance related to cash acceleration.
For more than two decades, Sirius Solutions has evolved as a group of subject-matter-experts, thinkers, consultants, strategists, technologists, doers, innovators, advisors, and so much more for our clients. We know how stuff works. We know how to successfully manage cash for our clients, transform financial departments, resolve audit, SOX, or compliance situations, help with IPOs, and rework vendor management. As accountants, we have delivered thousands of successful revenue accounting projects and we have helped companies become more profitable by lowering their costs or uncovering new avenues of growth and revenue.
CRM implementations should follow a path that will trigger it to thrive in its unique organizational setting rather than be a forced solution for companies to adopt.