Insights

Today’s enterprise resource planning (ERP) solutions have come a long way. Modern ERP services use cloud computing, AI, and machine learning to deliver better automation, efficiency, and insights than ever before. This is great news for small and mid-size enterprises...

A business advisory team can provide you with informed, logical business advice, whether you are just starting out or running a well-established, larger organization. If you require help with financial planning, business forecast, risk advisory, business process...

Risk management is a process that allows organizations to identify the risks that threaten their value, capital, earnings, and reputation and decide what they can do to prevent them or lessen their impact. Conventionally, organizations use the risk management process...

If a company attaches sensors to cattle so it can automate collecting information about livestock health, fertility, and nutrition, is that business process re-engineering (BPR)? It depends. If this optimizes data collection but does not change the process itself,...

What is a business model? A business model is an enterprise’s core framework, plan, or scheme for generating value and making a profit. Even a small roadside fruit vendor in Fujairah, United Arab Emirates, has one. It can be something like “buy fruits wholesale and...

Enterprise resource planning (ERP) is probably one of today's most hyped-up buzzwords. You've heard it bandied about by your peers in the industry. You've listened to people in tech talk endlessly about it. Vendors have been calling you non-stop, wanting to present...

So, you want to launch a specialty bread brand. Should you or should you not push through with your business idea? You can choose to go with your gut feeling or follow the advice of friends and family. However, the better way to decide is to conduct a feasibility...

Just like living, breathing organisms, businesses undergo certain stages of growth. These stages of the business lifecycle – sometimes referred to as “growth phases,” “maturity phases,” or “growth stages” – come with certain challenges. For a business to keep growing...

Across industries, there’s a widespread notion that only large, complex establishments need to be subjected to internal audits. This, of course, paints an inaccurate picture of what internal audits are all about and the benefits they provide. Besides, all companies...