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Cost Analysis in Purchasing
Managing and reducing cost continues to be one of the primary focal points of business and governments today. In many organizations, more than half of the total revenue is spent on goods and services—everything from raw material to overnight mail.Maintaining a competitive position and even survival will depend on the organization's ability to use all of the continuous improvement strategies which have been ..
Cost of Goods Sold - Inventory, Write-Downs, Valuations and More
This webinar is the deepest dive into the cost of goods so yet. We will be looking at all the major issues involved in determining the cost of goods sold such as IRC 263A UNICAP rules, and inventory valuations. We will also look at the new change of accounting methods available under the Tax Cuts and Jobs Act along with different accounting methods people can use that related to Cost of Goods Sold in order ..
COVID-19 and Contracts
COVID-19 is disrupting supply chains around the world and causing sharp drops in demand. Business is trying to decide whether and how to terminate or cancel contracts, and if they can avoid liability for breach.We will discuss how to handle contract cancellations because of the impacts of the coronavirus pandemic. We will focus on a little know contract clause called “force majeure” and look at how the clau..
Creating a Cyber Incident Response Program That Works
The best way forward is an efficient Incident Response Program that allows an organization to respond with speed and agility while empowering businesses to maintain continuous operations. Such a solution also reduces revenue loss, reduces fines and lawsuits, and protects brand reputation.Information Security, Governance & Risk, are all critical aspects of the planning and execution of the Information Se..
Creating a Robust IT Governance Program
IT governance (ITG) is defined as the processes that ensure the effective and efficient use of IT in enabling an organization to achieve its goals. Organizations today are subject to many regulations governing the protection of confidential information, financial accountability, data retention, and disaster recovery, among others. They're also under pressure from shareholders, stakeholders, and customers.To..
Creating an Internal Brand that Wins Customers
Many businesses struggle with the idea that employee engagement is tied to the customers' experience and profits. They question if engagement really affects their revenue. The C② TIME Model™ program gives Leaders a framework and tools to create an employee experience program to win the battle for customers; firms need to treat employees as valuable assets, engage them in a higher purpose, optimize their exp..
Creative Ways to Boost Employee Morale and Engagement
Employee morale is more important than you may think because it has a direct impact on productivity and profitability. When employee morale is high, employees are happier, more engaged and the quality of work produced increases significantly which allow companies to be more profitable. When morale is low there is a ripple effect and the result is a less productive work environment with higher levels of stre..
Credit Policy Fundamentals: Principles and Practices
Participants will learn how to diagnose their own credit policies to identify any gaps, and if so, how to write practical and understandable policies that meet regulatory expectations for content. They will be able to implement and maintain the processes and procedures needed to ensure that their policies are kept current and accurate, are monitored for compliance with them by means of tracking exceptions t..
Customer Service Excellence: Building Service Champions in Your Company
All planes are the same in the air. It is the people, primarily the front line, who interact with the passengers, which make the real difference. The way we think about service has changed. Who is responsible for service, how we achieve it and what service means are all being redefined. Leaders now recognize that responsibility for service does not reside in just the customer service department. It resides ..
Data Analysis in Excel – Working with Multiple Datasets
In the recent past, it was necessary to have some coding skills, and available data analyst or some very strong VLOOKUP skills in order to join related datasets to perform meaningful data analysis. With the new Get & Transform tools and Power Query (which you probably already have, but don’t know it!), you can do this sort of thing yourself with a few clicks. Over the past several versions of Excel, Mic..
Data Management, Records Retention, Destruction Considerations and Legal Holds
This webinar will review the basic tenants of Information Governance. We will then bring these theories to a practical level by discussing strategies for maintaining documents and information in today’s electronic work. We will discuss the key components of a good document retention policy. Finally, we will discuss the importance of litigation holds, including how, why and when to implement them to avoid le..
Data Privacy and Information Security Compliance Requirements
Cybersecurity is a critical issue facing every financial institution and the stakes are rising all the time. Cybercrime, in general, is growing through the roof and the risk of cyber attacks on financial institutions is becoming ever more magnified and apparent. In response, regulatory expectations for robust information security programs, security awareness training, and well-developed cyber risk control s..
DDMRP – What Is It?
Companies are facing an ever more increasingly complex environment coupled with increasing marketplace volatility. This is causing companies to strive to be more flexible and responsive by streamlining both planning and execution. In addition, companies are attempting to conserve the use of their valuable resources. Instead of investing in products prematurely that then creates an inventory that may not be ..
Dealing with Difficult People
According to Deepak Chopra and Kabir Sehgal in a post for CNBC, one way to deal with difficult people is to not take what they say personally. If you do then you both get defensive and the situation escalates.This session shows you how to deal with the event, the situation, not the person. Position yourself as a cooperator, not a competitor, working together, not against each other. Gain some quick tips and..
Delay claims: Prevention and Management
Delay claims are part of project management, however, the way we deal with them can make a big difference. Delay claims cost money and time, as well as strain the relationship between the contracting parties. So it is better to take all precautions to prevent them from arising, and then learn a few hints to manage those that do happen, in the most effective way. This seminar will go over the definition of c..