Search Results: risk management (773)

As companies chart their path to recovery in a challenging business environment, finance departments are renewing their focus on reining in costs and positioning investments to improve controls and governance. Tax departments seeking to align with those priorities should consider one high-return move in particular: outsourcing sales and use tax returns.

The pandemic has fast-tracked many decisions around the embrace of technology. Understanding the expectations of regulators and government agencies is important to consider when implementing technology – and the risks of not considering compliance – especially for the financial services industry.

SharePoint Security Sync integrates Dynamics 365 CRM & PowerApps with SharePoint to provide seamless document management and security for confidential documents stored in SharePoint. By syncing Dynamics 365 CRM security privileges with SharePoint, it helps to maintain data confidentiality and eliminate security risk while storing documents in SharePoint. It further enhances user experience in document management by providing various functions such as drag & drop, upload, download, generate link, email, and much more within Dynamics 365 CRM & PowerApps.

The migration to the cloud is happening at a tremendous pace. Putting an adoption framework in place becomes a critical need for business in order to be successful. However, this is not a simple task and requires a team effort, risk mitigation, and governance policies.

Even in normal times, good inventory hygiene suggests that you continuously update your inventory control parameters: reorder points, order quantities, safety stocks, mins, maxes, lead times. Beyond that, you should be updating your inventory strategies, such as adjusting the target service levels or fill rates for every item you hold. That’s the “should.”

Inventory management is not a squishy area where success can be described in vague language. Success here is a numbers game. There a number of key performance indicators (KPI’s) available to you, including Service Level, Fill Rate, Inventory Turns, Inventory Investment, and Inventory Operating Cost. Companies differ in the importance they assign to each metric such, but you can’t win without using some or all of these to keep score.

Safety stock is a critical component in any system of inventory management. Indeed, some inventory software treats safety stock as the key decision variable in the quest to balance inventory cost against item availability. Unfortunately, that approach is not the best way to strike the balance.