All crises require leadership and definitive action. But, as events continue to unfold, this can be easier said than done. A crisis is defined as any event that is going to lead to an unstable and potentially dangerous situation. It can affect an individual, a specific group, a community, or, as is the case with …
The Coronavirus’ Impact on Outsourcing Critical Cash and Liquidity Processes – And What’s Coming Next
With the exception of a few, the COVID-19 outbreak has been unlike any other previous crisis any of us have ever lived through. These are, in fact, unprecedented times. As a result, companies are likely to have already seen: Substantial revenue disruption Liquidity concerns, despite the promise of funding from the Coronavirus Aid, Relief, and Economic …
COVID-19 and India: How the Pandemic is Creating a Shortcoming in IT Outsourcing, and How to Bring it Back In-House
The initial 21-day mandate by India Prime Minister Narendra Modi to lockdown the country in an effort to curb the spread of the coronavirus has been extended through May 3. Exemptions, however, have been made for essential services, including healthcare, grocery stores, banks, gas stations – and, IT services companies. NASSCOM, a trade and lobbyist …
Are Generational Biases About Millennials Inhibiting Your Ability to Hire Them into Finance & Accounting Positions?
Recruiting Millennials into finance and accounting positions is no easy task. Not only is this generation being presented with more opportunities than there are people to actually fill them, but they have their own biases about the finance and accounting industry. These biases are deterring some into ancillary roles, and in some cases, shifting them …
Patients to have More Control of Their Health Data Through the Use of Technology
Amidst the coronavirus outbreak, the Department of Health and Human Services (HHS) has published “two transformative rules” that will have huge implications – not only for all Americans but specifically for the healthcare and technology industries. The two rules, which are designed to ensure and protect patient access to healthcare data, also address the secure transfer of that data …
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Business Continuity Best Practices
The coronavirus caught many organizations flat footed. From the discontinuation of certain services to workforce limitations and other resources and capabilities being withdrawn, there are increased risks when disaster recovery and business continuity plans are not in place. In this instance, the virus itself is not shutting down operations, networks or computer systems, but it …
When Remote Work Morphs from “Sometimes” to “All the Time”
Although there’s nothing new about having people work from home, most full-time employees spend the majority of their time in the office perhaps spending a day or two per week working remotely. Given the current circumstances, more workers will be spending their entire week working from home. We’ve put together a short list of items …
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Maintaining Mental Wellness During the Coronavirus Outbreak
Fear and anxiety around the unknowns of the coronavirus are mounting. As people limit their social interactions, the isolation and loneliness that come from being in quarantine can be taxing. In fact, a medical journal, The Lancet, recently released a report around the mental health concerns associated with quarantine, and they include: fears of infection, …
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