Expert Insights

Have you got the right treasury strategy?

It’s been a tumultuous few weeks. The Brexit result led to a huge fall in sterling against the dollar, recession speculation was rife and the only certainty was an unpredictable future. A new prime minister appears to have brought some stability and the markets have rebounded a little. But the ongoing economic uncertainty has made one thing clear: the need for businesses to have an effective treasury strategy.

Quality data starts with good governance

High-quality, well-managed data is crucial to give you a more sophisticated understanding of your customers and to drive better decision making. But before you can exploit data, it’s vital that you have sound governance in place – and the responsibility for that lies with the board, not your IT department.

Is now really a good time to go for growth?

With turbulence on the stock markets, an economic slowdown in China and uncertainty over the UK’s position in Europe, is now really the time to invest in growth? Former top Coca-Cola executive Nick Massey believes that, with some shrewd moves and a robust plan, you could seize the initiative to boost your market share and deliver a significant revenue upside.

Is now the time to sell your shared service centre?

A boom in internal shared service centres (SSCs) over the past 20 years has helped many organisations lower costs and drive efficiencies. But should you go a step further and outsource altogether? Interim finance manager Ben Chapman, who’s helped many companies set up and / or outsource their SSCs, explains the benefits of doing so, and why now’s a good time.

ERP is not MI – are you getting the right information?

With increasing pressure on CEOs to grow their businesses, accurate management information (MI) has never been so important. But as companies continue to invest heavily in transactional Enterprise Resource Planning (ERP) systems to optimise their business processes, former finance director turned management consultant Paul Cullen believes many businesses are not getting the user-friendly, actionable MI they need from the huge amounts of data they have.