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“This strategic digitaltransformation involved a combination of systems, process and data challenges that we needed to roll up together to the customer, which is why the company brought it to me,” he said. At the time, the digitaltransformation was the biggest SAP S/4 scale-out deployment.
Make granular cash-flow forecasts. But capital allocations for digitaltransformation are the exception. But if you’re not connected to your customer digitally and aren’t using that data for decision-making, you’re falling behind.” Communicate—then communicate some more. Don’t cut that,” Charan urged. “It
A good consultant can map a business strategy, assist with a digitaltransformation, or improve a specific department’s operations. A good consultant can map a business strategy, assist with a digitaltransformation, or improve a specific department’s operations. Reduced costs.
Another company, in the agricultural technology sector, chose free cashflow as the primary long-term incentive measure. Facing headwinds to growth, executives delayed R&D and capital investments to hit three-year free-cash-flow goals. Eventually, the company’s share price nosedived.
banks are going to survive the coming wave in financial technology (fintech), they’ll need to finally take digitaltransformation seriously. In these options, the critical question is whether the bank wants to keep its own underwriting criteria or use new algorithms developed by its digital partner.
As your small business continues to scale, cashflow transparency and accounting efficiency become harder to maintain. Poor cashflow visibility. However, the efficiency and cost savings from a digital, automated, and seamless process are well worth the planning. Long accounts receivable, or payment, wait times.
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