As a fiduciary, you have an obligation to present the value of an estate when you take up your duties, the value at the end of the period, along with each and every transaction that occurred throughout the administration. All together, these schedules tell the story of how the estate/trust…...
4 Key Areas Financial Services Should Focus on in 2024 for Growth
As financial services (FS) institutions look for ways to spur organic growth, the importance of catering to customers of various language backgrounds stands out. With growth potential in mind, we've identified and laid out four pivotal areas that demand the undivided attention of FS organizations. (Our clients can attest that…...
Top 3 Finance Trends for 2024
Currently, the main use cases for AI within finance departments are customer service, fraud detection and risk management. Sixty percent of the individuals we surveyed said they are “very comfortable” using AI technologies. Read the full article at: www.avidxchange.com...
How Valuable Is A 1% Financial Advisor Fee ?
Planning for retirement and growing your wealth is critical to achieving your financial aspirations. Making informed decisions about your money requires careful analysis, expertise, and a comprehensive understanding of the financial landscape. While many individuals choose to navigate their financial journey independently, seeking the guidance of a professional financial advisor…...
Top predictions for financial services in 2023
With inflation, rising interest rates and general economic uncertainty, last year presented several challenges for financial services institutions (FSIs). As we move into 2023, FSIs will need to focus their increasing IT spend and direct their attention to delivering on the total experience for their customers and employees and on…...
Our 15 top predictions for banking and finance jobs in 2022
2021 was kind to most investment banks and financial services professionals, and if you work in the industry this beneficence should be on display when bonuses are awarded in the next few weeks. But what goes up is always in danger of going down, and after a heady 12 months,…...
How Quarterly Financial Reports Affect Employee Job Search | CLS Blue Sky Blog
Quarterly financial reports are an important way for companies to communicate with the capital market, and they clearly affect firms’ access to debt and equity capital. However, the most scarce and sought after resource for many modern, cash-rich companies is not financing but people: human capital. For example, 27 percent…...
How to Improve Employee Engagement in the Banking Sector
Banking industry leaders are facing significant challenges to manage their talent. According to Quantum Workplace research, only 50 percent of employees in the banking sector are highly engaged and 35 percent are a retention risk. Read the full article at: www.quantumworkplace.com...
The state of women in finance
A new industry-specific analysis of data from the latest Women in the Workplace report, a McKinsey collaboration with LeanIn.Org, reveals a leaky pipeline from which women are falling out in greater numbers as they progress up the career ladder, resulting in significant inequality at the top. Consistent with previous years,…...
The Full Cycle of The Employee Experience
There is nothing more self-defeating to a company’s success than high attrition rates. Everything that you are doing to invest in your employees is ultimately going to benefit someone else. When we look at companies that have success and are leaders in their space, the Number 1 indicator is the ability to GROW & […]
Work/Life Balance and How to Achieve it!
With the vast majority of workers now toiling virtually, it is of paramount importance to address “work/life balance” and how best to achieve it. Research consistently shows that companies that emphasize maintaining a healthy work/life balance enjoy higher productivity levels, and their employees report higher levels of job satisfaction which…...
5 Steps to Building an Effective Customer Success Team
While most businesses place a high priority on acquiring new customers and increasing revenue, many frequently overlook the fact that maintaining existing clients is just as vital, if not more so, than acquiring new ones. When you consider that existing clients have had time and resources dedicated to them, in…...
Finding and Optimising Top Talent in the Finance Sector
Approaches to HR planning has changed significantly, and they will continue to do so. Amongst the many impacts Covid-19 has had, it’s proved that remote working is not only possible for the banking sector, but that in the right circumstances it can be more productive than traditional working models. This…...
THE IMPORTANCE OF ATTRACTING GENERATION Z FINANCE PROFESSIONALS TO YOUR BUSINESS
Across the world finance professionals are tackling the effects of the pandemic. They are working to understand the immediate implications to society and the economy, whilst looking ahead to the long-term problems that may affect the financial industry. Financial expertise is needed to navigate businesses through the current climate and…...
Recent survey of CFOs reveals what finance teams should be prioritising in 2021
Despite a tumultuous 2020, a recent survey of CFOs conducted by AppZen showed that the majority have strong feelings of optimism about the future. Business leaders are confident that growth is on the horizon, mainly driven by the adoption of new technologies in their organisations. The survey of over 200 CFOs, senior…...
3 Ways CFOs Can Attract Top Talent As The Country Gets Back To Business
The finance function has been front and center in helping organizations navigate the business upheaval of the past year-plus. While the dust hasn’t exactly settled, many CFOs are starting to focus more on the future. That includes thinking about what kind of skill sets and experience they need to recruit…...
