Tags » Business Performance

Modeling Revenue Recognition for Contracts to Meet New Regulations

I recently wrote about the challenge some companies will face in planning and budgeting when new revenue recognition rules go into effect in most countries in 2018. 1,188 more words

Business Performance

Digital State of Mind!

Just like the lyrics of the 1976 Billy Joel hit ‘New York State of Mind’ implied – being in New York is not the same thing as being in a New York state of mind – similarly, thinking IT systems and automation is not the same thing as being in a  413 more words

Leadership

Aero Engine Supplier Quality (AESQ) Group setting the standard for the Aerospace Industry

Aero Engine Manufacturers collaborate to raise the Quality Standard

In 2013 something remarkable happened. The four largest Aero Engine Manufacturers got together and agreed to align and harmonise its supplier quality requirements. 531 more words

Business Performance

Rescuing Retail’s Mobile Customer Experience Requires New Technology

One aspect of living in downtown Chicago is that there’s always something going on. But as distasteful as the subject matter of certain local events can be, some proceedings can inspire perspectives on a number of topics. 1,054 more words

Business Performance

Accounting for Sales Compensation Faces Challenges under ASC 606 and IFRS 15

New standards governing accounting for contracts will go into effect for most companies in 2018. The Financial Accounting Standards Board (FASB), which administers Generally Accepted Accounting Principles in the U.S. 1,445 more words

Business Performance

CBA on the shop floor

CommBank’s Retail Insights Report provides an in-depth analysis of the state of the Australian retail sector.

The report draws insight from wide-ranging surveys of more than 380 retailers and 1,000 consumers around Australia, focusing on business intentions for the coming year, and the impact of customer experience, loyalty programs and personalisation on behaviours and business performance. 94 more words

Statistics

Workiva Automates Composite Documents with Wdesk

Workiva offers Wdesk, a cloud-based productivity application for handling composite documents. I use the term “composite document” to refer to those in which text is created and edited collaboratively by multiple contributors and which incorporates tabular and numerical data from multiple sources in a controlled process. 971 more words

Business Performance