Remove 2020 Remove Forecasting Remove Reporting Remove Uncertainty
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IRM 2021: The Year of Uncertainty and Change

John Wheeler

This week the Wall Street Journal reported that due to emerging virus mutations , Harvard economist James Stock sees a “scenario of this thing sticking around for a much longer time frame.’’ No doubt, 2021 will be the year of uncertainty and change. These uncertainties can make or break a business.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations. In challenging times, tough measures are often required.

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How the cloud and AI will help more companies become future proof

CIO Business Intelligence

In a world where macroeconomic uncertainty has become the new normal, being future-proof is no longer a ‘nice to have’. We all saw a global case study in how the cloud can support resiliency when the pandemic hit in 2020. It’s easy to see why. It’s a must have.

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Macroeconomic jitters further slow AWS growth in Q3

CIO Business Intelligence

So, we’ve carried that forecast through to the fourth quarter,” CFO Brian Olsavsky said, according to a Motley Fool transcript. Just like all companies, they want to lower their spend when they’re faced with uncertainty in the market,” Olsavsky said while responding to a question on customer behavior. dominance in 2020, Gartner said.

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insightsoftware Acquires Event 1 Software

Jet Global

Deal furthers mission to deliver powerful portfolio of enterprise software solutions for Office of the CFO; expands real-time financial reporting capabilities for top ERPs Sage and Viewpoint. The construction industry has been hit especially hard by the events of 2020, with spending in the US forecast to be down as much as 9 percent.

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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. Invariably, these activities have seen added stress in 2020. Reporting frequency should also be a consideration.

Finance 98
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How Can Tax Professionals Leverage Software to Become More Strategic?

Jet Global

Demands on tax teams have never been greater, especially when the uncertainty of the economy and the ongoing impact of the pandemic are considered. It’s likely to be later in 2021 or 2022 by the time normality reappears, and such uncertainty requires tax professionals to plan for multiple scenarios.”. Accept That Change Is the Norm.