Some years ago, one would have never dreamt of the possibilities that this “digital network” called the Internet, would provide regarding the ways and means of communication with other people across the globe.
Businesses of all shapes and sizes are trying to carve out a competitive advantage by leveraging digital information. The most cutting-edge companies harness customer preference data for a range of reasons, including to create personalised services and targeted marketing campaigns; to scrutinise employee performance data to drive productivity; and to analyse supply chain information to drive efficiencies. And that’s just the tip of the iceberg, with digitised data embedded across business practices.
Businesses have ploughed billions of dollars into technology that promises to keep cyber threats at bay. Gartner claims that end-user spending for the information security market is estimated to grow at a CAGR of 8.5% between 2017 and 2022, reaching $170bn.
Starting this edition, I was thinking what would be the ideal theme for a good start. I consulted my favorite books, tried to recall excellent or interesting discussions I had with colleagues or with good friends, even made some surfing on the web seeking for a flash on my mind. But nothing. Thus, I concluded on the simple ques¬tion. What would be the most valuable asset for me, for my business and for my clients in the years to come?
Articles, surveys and up to date news about corporate culture and corporate governance, both in Greece and internationally.
Imagine you are a senior executive of a successful charity which supports homeless people with accommodation and meals. Your charity’s shelters support hundreds of people in your own town and in towns across the world. The shelters are busier than ever, however you measure impact by how long it takes an individual to get back on their feet and into a stable job – it’s now less than four months compared to more than six months at this time last year.
From pricing and reputational risks to the threat of systems overload and cash flow disruption, indirect taxation is nothing like as easy as it seems. So how do you manage the hidden complexities of indirect taxation?
Global charitable giving is down. In some countries, negative headlines have caused public trust in charities to waver. In others, there are still questions over how donations are used to help the causes they support. To help solve some of these issues, we look at effective impact measurement and the way it is communicated.
Given the slowing rate of economic growth, businesses across Asia Pacific (APAC) region have an appetite for automation. In this article we explore where that support is strongest, and why. We find that amid the rich opportunities, risks are present in the automation revolution. Businesses and policymakers should confront these challenges now, to avoid hampering future growth prospects.
"Blockchain is not the solution to everything," warns Wayne Pisani, head of financial services at Grant Thornton Malta. "Rather, it is typically part of a solution to a situation you might already have and are using multiple processes which you want to simplify."
The question is no longer whether blockchain will disrupt the tax system, but how far, how fast and how to ensure your business is up to speed. Putting the hype aside, what does blockchain really mean for tax compliance and management within your business? What are the main risks and opportunities? How can you begin preparing for the shake-up ahead?
While some dynamic businesses are reaping the benefits from the introduction of enterprise management software applications, robotics, and advanced business intelligence tools, for others there is a significant risk of being left behind and even making costly strategic errors.
Whether it’s robotics, artificial intelligence or the cloud, advances in technology present a golden opportunity for the finance function. But what’s the best way to maximise potential gains: an enterprise-wide solution, or a more targeted approach?
The largest six global accounting networks release a paper summarising expectations regarding implementation of IFRS 9 impairment requirements for systemically important banks.
Introducing innovations such as artificial intelligence into your supply chain takes time and effort but it can help you leapfrog the competition.