Change is inevitable. Even when personally averse to change, people are not isolated from the change in our environment. An interdependent world means that the slightest movement can send vibrations across the globe. Whether an active agent or a passive bystander, change drives a cognitive reaction that signals one to fight, to take flight, or to freeze. Our response is a key factor in 'surviving' that change. 

What does it mean to get future-ready? Overall, being future-ready is about being proactive to meet the challenges and opportunities of tomorrow’s business landscape. It involves several components, including building robust internal capabilities, scaling up those capabilities in anticipation of future competition, finding new sources for growth, and identifying alternative sources for supplies. Each of these components builds resilience which enables businesses to withstand disruptions, accelerate innovation, and anticipate market fluctuations.

Traditional ERP systems were developed to help organizations manage their basic finance and accounting tasks. They have since emergedinto a powerful ecosystem that offersrobust functionality andpresents actionable insights for better decision-making.Finance leaders can collaborate with other departments togenerateaccurateforecasts, navigate the ever-changing business landscape, and execute their growth strategy. In this article, we will run through achecklist to help you evaluate the right software solutions. 

In January’s blog, we identified a few economic trends that affected several industry sectors in Q4 2023. These trends continue to impose challenges on businesses for the start of 2024 with little growth projected in Q1. There is a general expectation that growth will gradually pick up later in the year as inflation decreases to between 2% - 3%.