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Many years Into The ‘New’ Millennium, Finance Groups Nonetheless Wrestle With (Lack Of) Digital Transformation

CEO at Yooz Inc., main product innovation highway maps and strategic partnerships.

A few a long time into the 2000s, most companies don’t consider digital transformation as a brand new idea. Even in spite of everything these years, 15% of corporations’ finance departments nonetheless depend on guide processes similar to utilizing Excel for monitoring their payables.

Guide processes are simply the tip of the iceberg relating to challenges dealing with right this moment’s finance groups, together with accounts receivables, payables and taxes. Let’s check out a few of these challenges and what will be achieved to handle them.

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US carriers’ price battle overshadows journey demand surge

AMERICAN AIRLINES

CHICAGO — US carriers are struggling to offset greater prices whilst booming journey demand has given them robust pricing energy, elevating questions on their skill to defend revenue as soon as shopper demand softens.

These worries are battering airline shares, taking the main focus away from what’s shaping as much as be the business’s strongest earnings season in three years.

Shares of American Airways Group Inc and United Airways fell greater than 9% on Thursday even after each carriers posted their first quarterly revenue with out US authorities support because the coronavirus illness 2019 (COVID-19) pandemic started.

Airways

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Shanghai’s trend shops wrestle to clear lockdown inventory hangover

IFC Mall in Shanghai. — Stefan Wagener/Flickr/CC BY 2.0

SHANGHAI — Virtually a month since Shanghai lifted its strict coronavirus illness 2019 (COVID-19) lockdowns, trend retailers are caught with piles of unsold inventory as cautious customers avoid the industrial hub’s glitzy buying districts.

Curbs to cease the virus in Shanghai, China’s trend capital, floor the town of 25 million to a halt in April and Could, leaving clothes and wonder product shows in shops untouched and containers of imported attire stranded at port.

Town’s re-opening this month noticed a flood of products ship from warehouses to retailer cabinets already laden

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A name heart helps People entry Obamacare. They battle to afford their very own insurance coverage.

It has been, within the phrases of 1 sad Mississippi name heart employee, “a tough tablet to swallow.”





© Supplied by NBC Information


Daily Lanycha Corridor, who works for the federal contractor Maximus at its facility in Hattiesburg, helps individuals enroll in Inexpensive Care Act medical health insurance plans.

However Corridor mentioned she will be able to’t afford her personal company-sponsored medical health insurance.

“Once I realized I couldn’t afford that as a result of my deductible was so excessive, I simply needed to take a break day as a result of I simply couldn’t deal with serving to everybody

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Determined for workers, US companies wrestle to rent

To maintain the faucets at his lately opened beer tasting room flowing, Peter Chekijian had no selection however to ask his principal workers to come back in seven days per-week.



Peter Chekijan (center), pictured at a job fair on October 19, 2021 in Melville, New York, has had trouble finding the staff he needs at his beer tasting room


© Bryan R. Smith
Peter Chekijan (middle), pictured at a job honest on October 19, 2021 in Melville, New York, has had bother discovering the employees he wants at his beer tasting room

The staffing scarcity has additionally saved Chekijian from realizing his objective of brewing beer on website, since he cannot discover contractors to complete putting in tanks he requires.

“That is been a giant difficulty of getting folks

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Telehealth and privacy: Why medical apps struggle to keep user data safe

Jonathan J.K. Stoltman already knew how hard it can be for people with addiction to find the right treatment. As director of the Opioid Policy Institute, he also knew how much worse the pandemic made it: A family member had died of an opioid overdose last November after what Stoltman describes as an “enormous effort” to find them care. So Stoltman was hopeful that technology could improve patient access to treatment programs through things like addiction treatment and recovery apps.

But then he consulted last year with a company that makes an app for people with substance use disorders, where

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