Digital finance transformation: From paper to pixels
Digital finance transformation refers to the integration of digital technology into all areas of financial services with the fundamental goal of improving and automating business processes, enhancing customer experience, and helping leaders make better decisions. Many Chief Financial Officers (CFOs) and other finance professionals think digital transformation is outside of their wheelhouse – it’s a […]
Top 5 Digital Transformation Risks For Businesses
Digital transformation has become a key focus for businesses across all industries in recent years. As companies increasingly look to digitalize their operations and capture the value of nascent technologies, the potential benefits are vast – from increased IT efficiency and productivity to improved customer experiences (CX) and revenue growth. However, before embarking on a digital transformation journey, […]
Technology buyers remorse: 5 tips to avoid it
Technology has transformed how businesses operate, allowing them to increase IT efficiency, boost revenue, and capture larger market shares. However, with all the benefits technology brings, there are potential pitfalls, one of which is technology buyer’s remorse. According to a Gartner survey, 60% of technology buyers involved in renewal decisions regret nearly every purchase they make. […]
The Top 9 Vendor Management Benefits
When vendor management goes well, you hardly notice it. When all your vendor relationships are harmonious, well-aligned, and productive, business can carry on as usual. On the other hand, when it goes wrong, you can be throwing money down the toilet. According to one estimate from Gartner, 62% of digital spending goes on products and […]
Top Vendor Management Challenges
Vendor management challenges are frequently unresolved for too long. Why? The simple answer is that vendor management is not valued by leadership staff. According to the authors of 2022 research from BCG staff, CEOs typically spend just 1% of their time interacting with suppliers. The reality is that they should spend more than 25% of […]
Decoding Salesforce Adoption Problems: A Step-by-Step Approach
Trust us; your organization will fail following low user adoption of new technologies. The challenge is that, however positively your sales managers and reps feel about their employer, they are often afraid of change and how new additions to the company’s tech stack will impact their role. The Salesforce platform is no exception to this […]
What Is Enterprise Technology? Definitions, Examples, and Emerging Trends
Enterprise technology is the hardware and software businesses use to achieve business goals. Usually, enterprise technology is designed to be more cost-effective and scalable than consumer technology. Enterprise technology is the lifeblood of modern businesses. It’s virtually impossible to remain competitive without taking advantage of the benefits of enterprise technology. However, incorporating enterprise technology into […]
Navigating the Tech Buying Process
The digital transformation race continues to showcase a persistent trend of businesses gravitating towards increased digital adoption and acquiring innovative technology to remain future-ready. The enterprise software market consistently demonstrates impressive growth, often surpassing 10 percent year on year, making it the most rapidly expanding segment within the broader IT industry, according to Statista. In […]
Sure ways to improve IT vendor management
Good IT vendor management practices help your business run more efficiently. In the grand scheme of things, this is a small niche. But in a large and complex organization, poor vendor management in any area can cost you big time. For IT, hidden costs can quickly escalate out of control. Key takeaways In this article, […]
A Strategic Guide On Sales Training Software
As companies look to modernize their processes, they’re turning to cloud-based solutions like sales training software to drive results and increase efficiency. Sales training software is invaluable for any business that wants to ensure its sales teams are well-equipped and up-to-date on the latest strategies and tactics. By providing sales staff with a comprehensive understanding […]