Lean Budgeting: Going Beyond Process Efficiencies

Annual budgets based on traditional models are time-consuming and quickly become outdated. Samaritan Health has applied lean principles to establish an alternative budgeting process that encourages realistic goals and deliverables that can be easily interpreted by employees outside Finance. The resulting budget is more user- friendly to department and clinical managers
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Bitcoin was born on the occasion of the global financial crisis in 2008. At that time, centralized financial institutions wantonly abused their rights to expand the credit scale ceaselessly, which resulted in increasing financial risks at the tail and eventually had the bubble burst. Those who suffe


Global Trade Automation: ROI for the Enterprise

As technology continues to evolve, companies face a universal need to keep up with changes in automation for the sake of efficiency, profitability gains, and growing competition in their areas. For global traders, technology is essential in order to respond and manage rapid-fire changes in trade regulations and global supply cha

A World of Free Trade Agreements: How to Maximize Duty Savings in Your Supply Chain Design

In response to regulatory and geopolitical disruptions, multinational companies are actively looking for savings in their global supply chains. At the same time, there’s a parallel shift toward diversifying supply chains and avoiding over-reliance on a single sourcing location. Free trade agreements (FTAs) can offer that dual-pr

Crisis Wake-Up Call: How Tax Departments Can Build a Rock-Solid Business Continuity Plan

As organizations scramble to manage their supply chains among massive market and economic shifts with a workforce that is suddenly distributed, they’re finding that their existing crisis management and business continuity plans haven’t adequately prepared them for the current circumstances. Tax departments are particularly stres

The ONESOURCE Advantage Migration Made Easy

If you’re considering upgrading your current sales tax engine, now is the ideal time. Thousands of domestic and multinational corporations count on Thomson Reuters ONESOURCE for the only truly global indirect tax solution — from research to determination and compliance.