The Importance of Planning and Forecasting for Uncertain Times

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The Importance of Planning and Forecasting for Uncertain Times - Mercer Bradley

Planning and financial forecasting often are difficult in the best of times. During times of uncertainty, these functions become even more challenging but critical. Creating a plan to continue business operations during times of rapid change requires a team effort. You must find ways to adjust budgeting and forecasting on a more regular basis than… Read more »

Next Gen Accounting Talent – 8 Ways to Identify the Next Leaders in Your Company

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At the core of your company is a team of skilled leaders making good decisions. Many of these leaders are on your accounting team. Because you want your company to continue to make wise decisions about financial and strategic management and planning, you need to identify future leaders on your accounting team. Because they keep… Read more »

Hiring Bias – It’s Real and Here’s How You Can Avoid It

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Subconscious bias influences your daily decision making. As a hiring professional, this includes which candidates you decide to have join your team. Because you want fair, reliable hiring outcomes, you need to understand how your unconscious bias can affect your hiring decisions. You also must take steps to ensure your choices depend on candidates’ qualifications and fit for… Read more »

Effective Onboarding – 6 Ways to Streamline the Process

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Effective Onboarding - 6 Ways to Streamline the Process - Mercer Bradley

The first 90 days of employment is a crucial time for a new hire to build rapport with colleagues, management, and coworkers. Sharing your company’s mission, vision, values, and goals while showing an employee how to perform their work helps them be productive. Feeling like a valued member of your team increases the odds of… Read more »

The 6-Hour Work Day and Flexible Workspaces – The Work of the Future

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The 6-Hour Work Day and Flexible Workspaces - The Work of the Future Mercer Bradley

Research shows that having a flexible workspace and/or a six-hour workday make employees more productive. A flexible workspace conforms to the needs of whoever is using it, providing support as their task and focus changes. Individuals who work fewer hours tend to create higher quality work than employees who work more hours. As a result, your company can benefit from having a flexible workspace and a six-hour workday. While this is not a new concept, with current health concerns… Read more »

5 Effective Ways to Onboard an Accountant

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With the amount of time and money invested in recruiting accountants, you need to properly onboard them. Effective onboarding improves employee engagement and retention to maximize your return on investment. 1) Determine How Onboarding Success Will Be Measured Communicate what target metrics will be used to determine whether your new accounting team member is successfully onboarded…. Read more »

How a 6-Hour Work Day Could Lead to a More Productive Workforce

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Studies show that having a six-hour workday makes employees more productive. Team members who work fewer hours create higher quality work, are less stressed, and take less unexpected time off than employees who work more hours. As a result, your company may benefit from having a six-hour workday. Here are a few ways a six-hour… Read more »

Why Humanity Matters to the Accounting Profession

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Many accountants enter the field because numbers are easier to deal with than people. Numbers are predictable, understandable, and lead to a solution or balance. In contrast, people are complex, unpredictable, and sometimes illogical. Although many accountants may not have to interact with people at work, this puts them at a disadvantage. In many cases, they may start… Read more »

Beyond the ERP – Why Data Truly Matters to Your Organization

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Big data is a buzzword in the accounting profession. It’s often described as too big for traditional data management to handle, streaming at a significant speed that quickly must be dealt with, and coming in all types of formats. Although the enormity of big data may be its focal point, what truly matters is what organizations do with the data… Read more »

What Strategies Can Help You Cut Costs for Your Business?

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As a small business owner, even the smallest reduction in expenses can impact your profitability. In many cases, simple steps are an effective way to improve your bottom line. Now is a great time to look carefully at your company’s expenses and see how you can spend less. Here are eight strategies for cutting business costs.   Reduce Supply Expenses … Read more »