The Driving Need to Reassess Processes & Controls Related to COVID-19 Responses
COVID-19 has thrust a massive amount of change onto financial institutions. Conducting a review of the processes and controls put in place during these unprecedented times is critical as financial institutions face an increasingly complex risk environment.
You’re focused on results. But do you know the real keys to getting there?
5 Drivers of Organizational Effectiveness The goal of an effective organization is to maintain high performance and achieve desired results. It may sound straightforward but it’s not. Understanding what can […]
Using an Environmental Perspective to Drive Business
A paper management initiative at TD shows how an environmental focus can advance cost-reduction and service-improvement goals A key challenge for many organizations is balancing business goals with environmental responsibilities. […]
Why Going Paperless is Better for Your Bottom Line
More often than not, the financial benefits of reducing paper are calculated solely by including savings related to the paper only, failing to account for money saved due to a proportionate reduction in the costs related to the management of that paper. Some organizations are aware of elements of these downstream costs, but they lack a mechanism to quantify them, while others likely have more pressing things to worry about.
How to Create a Sustainable Shared Service
The motivation for shared services as a way to improve efficiency and effectiveness in global organizations is not new, but governing an expanding shared service often proves to be a […]
A New Idea for Managing the Fund Development Process
Customer Relationship Management (CRM) systems are designed to typically manage an organization’s interactions with its customers or clients in support of sales and service-related processes.
The Leadership Blind Spot – What Are You Missing?
We’ve seen it time and time again. Great leaders, mediocre leaders and weak leaders all seem to have one thing in common; a blind spot when it comes to their employees. It doesn’t seem to matter how one arrived to their leadership position, or their background; somehow once a person is leading an organization, they lose their ability to see the full picture of the organization.
Is Your Business Ready for An Enterprise Resource Planning system?
The allure of Enterprise Resource Planning (ERP) systems cannot be understated. The opportunity to integrate most of your business processes into a single software solution is “a one-stop shopping” panacea for all your data integration needs. With shopping list in hand, you can begin the process of shopping for that ERP system that best satisfies your needs.
Business Process Automation
The whole point of technology – and this is an overly simplistic view – is to automate routine, repetitive tasks with the goal of reducing costs, eliminating non-value added activity and improving productivity. This is a concept that dates back to the industrial revolution – increase productivity and reduce costs through mechanization.
