In the changing economy, risk permeates every part of your operations. Monitoring every potential source of risk, from internal components like technology to the impact of evolving industry regulations can be time consuming and create uncertainties.
Finance teams in fast-growing public companies are typically focused on revenue growth, cost control and share price appreciation. Your business is constantly meeting new challenges, and the stakes have never been higher. Yet they also have to manage complex and time-consuming SEC and financial reporting requirements.
A vendor master database is common to most companies but is often overlooked and can become rampant with fraud. In part one of this series, we reviewed steps for decreasing the size of the vendor population. With a slimmer vendor master, we are ready to take your review to the next level.
Feeling out of control is not a feeling we like to experience. Reminders, sticky notes and to-do lists are a testament of us striving for control.
Statistics indicate baby boomers account for more than 50% of the construction industry. That means half of owners, along with their skills and knowledge, are headed towards retirement. Even more alarming is only half of those owners have a succession plan. If your company faces a disruption or change in ownership it reduces its chance of survival to only a small percentage. Even owners who don’t have an immediate retirement on the horizon need to have a plan.
Not sure how to calculate lost revenue for your facility? Join Greg Anderson and Laura Gillenwater in this helpful video for hospitals and health systems.
Mike Skinner’s goal is to help clients manage the business risks that keep them up at night. We’re a team of IT assurance, cybersecurity, and digital forensics experts. It’s our task to help clients leverage new technology by making sure they have the insights they need to safeguard their business, customer data, and reputation. I work with clients to help them manage information technology challenges like regulatory compliance, information security, internal controls, and business solution implementation.