Category Archives: Budgeting

Chaos abounds as BYOD costs prompt confusion

Confused Man Reading a Bill or Bank Statement

Cost confusion and chaos in BYOD (Photo: s_falkow)

Fiercely divided opinion on BYOD despite ‘hype’

By ECM Plus staff

ECM Plus /London/ +++ A new survey has revealed that fears are rising around the hidden costs of BYOD deployment – as well as ‘class divides’ and evidence that company managers are using BYOD to ‘pacify’  staff.

Moreover, some IT managers are even asking ‘is it worth surrendering control just to raise staff morale?’

Opinion is still divided when it comes to implementing ‘Bring Your Own Device’ strategies within businesses, with many at the top suggesting that such deployments create more problems than they solve. Continue reading

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Filed under Analysis, Budgeting, Business Process Management, Business Risk, BYOD, Collaboration platform, Content Security, Industry News, Information Management, Information security, Intranets & Portals, Mobile Apps, Risk Analysis, Risk Assessment, Risk Management, Software, Workflow

Businesses boot out banks as ‘trust’ collapses

Cleaning up JPMorganChase

(Photo credit: Truthout.org)

Survey finds SMEs divorcing bank managers

By ECM Plus staff

ECM Plus /London/ +++ Bank managers are being ditched and divorced, as accountants, lawyers and finance directors become the most trusted financial advisers, according to new research into small to medium-sized enterprises.

The new research of 1,000 British small to medium-sized companies by Hitachi Capital Invoice Finance looked at SMEs attitudes and how they really felt about who they trust to keep their business on track. Continue reading

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Filed under Accounting, Analysis, Asset management, Balanced Scorecard, Beyond Budgeting, Budgeting, Business Continuity, Business Risk, Capital Management, Contingency Planning, Finance, Legal, Planning & Forecasting, Private Finance, Risk Analysis, Risk Management, Six Sigma, Trade & Investment

Finance reports ‘out of date’ and ‘inaccurate’ – survey

Stack 'em high

Stack ’em high (Photo credit: ant.photos)

46 per cent of finance departments believe reports they produce are never used

By ECM Plus staff

ECM Plus /London/ +++ Nearly half of managers and directors view reports produced by someone else no more than once per week. An alarming 46 per cent of finance professionals believe that they produce reports that are never used and 63 per cent believe that senior managers should make more use of financial information. Continue reading

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Filed under Analysis, Balanced Scorecard, Beyond Budgeting, Budgeting, Consultancy/Consulting/Systems Integration, Document asset management, Document Automation, Document Management, Finance, Forms management, processing, eForms, Governance Automation, GRC (Governance, Risk & Compliance), Output management, Planning & Forecasting, Records Management, Reporting, Six Sigma

Business crowdfunding to boost economy

panorama of sheffield - south yorkshire

Sheffield to play host to crowdfunding event. Photo: Paolo Margari

British business owners become their own financiers, set to make banksters obsolete 

By ECM Plus staff

ECM Plus /London/ +++ So fed up are British business owners with the bankster establishment, their disinterest in lending or supporting the economy that a group of British entrepreneurs, dissatisfied with ‘business-as-usual’, have come together to ‘tear up the rulebook’  and ‘cutting out the middle-men’. Continue reading

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Filed under Accounting, AIM - Alternative Investment Management, Asset management, Brand asset management, Budgeting, Business Risk, Capital Management, Crowd-funding, Equity Capital Markets, Finance, GRC (Governance, Risk & Compliance), Industry News, Investor Relationship Management, Planning & Forecasting, Private Finance, Private Wealth, Risk Management, Trade & Investment, Wealth Management

British exports to ROW exceed EU

Containerization

Trade exports to ROW now exceeds EU. Photo: Kaveri & Sameer

Trade figures find exports to ROW nations exceed European Union member states for the first time in 40 years as Europe ‘turns inward’.

By Alison Little

BRITAIN sent a defiant message to Europe yesterday after it emerged our trade is booming with the rest of the world. Continue reading

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Filed under Accounting, Analysis, Budgeting, Business Risk, Capital Management, Finance, Information Management, Private Finance, Private Wealth, Risk Analysis, Risk Management, Trade & Investment, Wealth Management

Assets finding safe haven in Britain – report

EXPO REAL - International Trade Fair for Comme...

Safe as houses: assets bolt for Blighty's bricks

Economic jitters weigh heavy as property market indicators flatter to deceive

By ECM Plus staff

ECM Plus +++ The latest ‘Property Snapshot’ by real estate analysts Colliers International reveals that the lack of robust property fundamentals continues to be more than offset by international economic and political fear.

According to Colliers, safe haven investment is now flowing into British property, in what it calls ‘a defining market feature.’

Key new findings for the economy, Colliers said that despite a positive Q3 of 2011 GDP outturn, uncertainty and concerns about Britain’s economic prospects, what it calls the ‘Eurozone fallout’ and financial issues continue to restrain capital investment and consumer spending substantially. Continue reading

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Filed under Analysis, Asset management, Budgeting, Business continuity, Business Continuity, Business Risk, Contingency Planning, Corporate Governance, Disaster Recovery, Equity Capital Markets, GRC (Governance, Risk & Compliance), Investor Relationship Management, Risk Analysis, Risk Assessment

Charges for state inspections will hit small firms hardest

NAMM 2007 - Mr Jobsworth.

Concerns over 'revenue generating' inspections. Image: Eleventh Earl of Mar

Proposals for ‘elf’n’safety’ jobsworths to charge for inspections

ECM Plus +++ Draconian new state proposals to charge small enterprises for ‘material’ faults found during inspections by the Health and Safety Executive could damage relationships and may be seen as a way to ‘raise revenue’ rather than improving compliance, says the Federation of Small Businesses in response to a consultation which closed Friday.

In a classic case of ‘mission creep’, the HSE quango is proposing to ‘extend’ its current systems of ‘cost recovery’ to include a ‘fee’ for ‘intervention’ where an inspector will charge for the inspection and any subsequent actions when a ‘material’ fault has been found. Continue reading

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Filed under Budgeting, Business continuity, Business Risk, Compliance, Corporate Governance, Disaster Recovery, Enterprise Content Management, GRC (Governance, Risk & Compliance), Industry News, Planning & Forecasting, Regulatory Compliance, Risk Analysis, Risk Assessment, Risk Management

FEATURE: Planning in uncertain times: 5 strategic steps to success

Budgeting

Budgeting. Image: RambergMediaImages

By ROB PRINZO

The end of August marks the end of summer vacation and the beginning of planning and budgeting season. One small problem: the economic sluggishness that was supposed to be behind us has reared its ugly head once again. With wild swings in the market, who can’t help but feel a bit skittish.

Nevertheless, you want to move your initiatives forward and you’ll undoubtedly be asked for your plan regardless of funding limitations. But how do you prioritize the list of projects that have accumulated over the last year and develop a strategy to move forward in this economic environment? Continue reading

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Filed under Budgeting, Features, Planning & Forecasting, Project Management