Fresh Insights

Information created to address your business’s top challenges and concerns. To spark transformative thinking and problem solving.

Mar
26
2015
Business Risk Management
Starting a business can be a risky endeavor. Even businesses that endure the startup years, however, continue to face many different kinds of risk. Understanding how to detect and mitigate these risks can greatly enhance the success of a business. This post outlines some of the risks, which include failing to plan for an improving economy, internal fraud and embezzlement, and cybercrime.
Mar
12
2015
Phishing scams pose cybersecurity threat to businesses
Phishing scams have been around practically since the Internet and email first emerged on the scene. But now cybercriminals are increasingly turning their attention to corporations as the target of their phishing schemes. In these scams, cyberthieves try to get employees to divulge sensitive corporate information like passwords, bank account and credit card numbers, and IP addresses. Or they may try to lure them into downloading dangerous viruses that can steal corporate information, destroy or disable computers and networks, or install spyware that can monitor computer activities.
Mar
04
2015
Streamline Payables with Lockbox Technology
Many companies today are placing a renewed focus on increasing the efficiency of their payables processes. Doing so can result in improved cash flow and better vendor relationships. One way to make payables more efficient is to use lockbox services from your bank as part of your payables processing efforts. This post discusses how payables lockbox works and the benefits that come along with it.
Feb
26
2015
Get Early Start On Succession Planning
Most owners of small and mid-sized firms have worked hard their entire lives to build successful enterprises. Given this, it’s surprising how little time and attention many have devoted to their eventual exit from the business one day in the future. The most effective business succession plans are prepared well in advance, leaving plenty of time for adjustments. This post outlines three key priorities owners should think about when creating a business succession plan.

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