Thinking

Here you’ll find our opinions, viewpoints and rants. But don’t forget to add your comments – good or bad – on anything you like or loathe. We value your feedback.

The 8 Traps in Change & Transformation
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In a recent survey, 75% of business leaders agreed that the business emphasis is now shifting, as a result of the crisis, from enterprise-wide transformation initiatives to more targeted process change and continuous improvement.

Our research showed that some of …

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What COVID has taught us about Behavioural Change
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Over the past 9 months, we’ve all experienced a fundamental change in habits and behaviors. Some people found these changes immediately beneficial. some made the conscious decision to embrace them, whilst others have found it stressful and difficult. For many, …

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Is your Data Strategy an “Island”, a “Bridge” or a “Rapid Response Team?
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As an organization, you are certainly planning or rolling out an enterprise-wide data strategy. You probably have done anything from setting up a lab, building data lakes, acquiring analytics and process mining platforms to hiring/contracting the appropriate staffing for it. …

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You Are Right! It’s Not Rocket Science!
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There are so many challenges in today’s complex global business processes that it can be difficult to know where to begin. Ownership, functional lines, geographic scope, legal and compliance obligations, understanding, systems complexity, data, governance, even “what good looks like” …

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3 Procure to Pay Challenges to Overcome
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Procurement, Procure to Pay (P2P) and Global Business Services (GBS) Leaders face many challenges when it comes to the end-to-end Procure to Pay process. Cash flow, resource allocation, transaction volume, usability of the data they have, value of the technology …

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Data Driven Business Processes – “The Emperor’s New Clothes revisited?”
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The expectations on the use of data to drive business insights have sky-rocketed and whole new job categories have boomed as a result. But still companies are failing in their attempts to become data driven.

A recent Harvard Business Review …

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Balance Sheet Hygiene – The New Audit Hurdle
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Anyone would tell you maintaining good hygiene, no matter the place, always makes sense. Never has hygiene been a more current topic than it has been the last few months.

Good hygienic practices should be extended to your Balance Sheet. …

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What Does Digitization Mean for Risk Management and Control Post COVID?
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We have been talking non-stop about the impact of COVID on our businesses and financials since March. But where we were focused on what COVID was doing to our businesses on a day-to-day basis, we are now examining it’s longer …

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The Great Remote Working Conundrum: Be Careful What You Wish For
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The curve in the above diagram is one you are probably familiar with. It represents the common human psychological reaction to change, used to illustrate everything from grief to success to self belief. What is important to note about all …

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Has Covid Heightened User Access Risk (UAR)?
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COVID has forced organizations to change the way they work, from social distancing, remote working, furloughs, responsibility changes to disrupted approval processes and more. Even before COVID, our research confirmed that up to 20% of user accounts for financial applications …

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