Consulting insights

With rising pressure to do more with less, practically all business units are now asked to work more agilely to improve efficiency – and finance department is no exception. Finance is an essential aspect of every business but is mainly reliant on a large number of time-consuming manual operations.

NFTs, or Non-fungible tokens, have gained so much popularity in recent times, allowing celebrities to transform digital artwork and other valuables into unique assets, providing a secure record with a unique identifier code that can be traded easily on the blockchain technology.

At a time when many companies are working remotely, operating at limited capacity, or shut down completely. Despite these setbacks, there are ways to make the most of the current circumstances and continue growing your business during the COVID-19 pandemic.

For a compliance program to be successful in ensuring the organization maintains a culture of compliance, it must be a priority, based on rigorous standards, and supported by key leaders. It is also important for the program to provide clear direction and expectations for employees.

Throughout the epidemic, companies have faced several challenges and hardships. However, one advantage has been that it has given leaders time to rethink both business and operation models. They also learned from past experiences and sought new ideas, skills, and technologies to support their growth.

Empathy is the ability to understand and react to another person's feelings, emotions, or experiences. Empathy goes beyond sympathy to include the ability to consider and help others with compassion and empathy. 

Automation has redefined human effort. It has removed a load of manual labour and other tedious and time-consuming tasks, thus, allowing humans to focus more on the areas that require knowledge and intelligence.

By Vivek Shukla   

The UAE in general and Abu Dhabi in particular is well known around the world for its massive oil reserves. Earlier, the economy was heavily dependent on oil, but since 2010, the government has taken strong, tangible steps to diversify the economy and shift its focus to other revenue sources for long-term growth and development.

The global economy has been witnessing a slowdown lately. In general parlance, an economy is considered to be in a recession when it contracts for two quarters consecutively, reflecting in the GDP along with other factors like employment rate, per capita income, etc.

  BOOKKEEPING: WHY IS IT AN INTEGRAL PART OF YOUR COMPANY'S FINANCIAL SYSTEM By Habeeb Mohamed   Introduction

There are times when everything changes in business – when this happens it is often sudden, surprising and sometimes overwhelming. These moments are the strategic inflection points that can result in a company rocketing to success or being left behind.

  One issue stands out for every middle-market business that operates internationally: the struggle to find and retain the most skilled and innovative employees — those who will drive growth and company performance.