Cash is king, credit is scarce, and stubborn clouds of uncertainty refuse to dissipate. In this time, maintaining a strong balance sheet and an eye on cash flows is a prerequisite for business leaders seeking to master the twin near-term imperatives of viability and maneuverability.
Scrutiny on money flows outside the four walls of a company, [...]

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Regardless of who might have authorship rights (Pimco? Ariba? Others?), the concept of “The New Normal” has definitely caught on in both the mainstream media and spend management circles .
However, it’s important to remember that “the New Normal” doesn’t translate directly to “permanent low GDP growth” as has been put forth by some investment advisors.
Instead, [...]

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The global financial crisis has taken supply risk to a new level. More than 75,000 businesses in the US have filed for bankruptcy since the beginning of 2008 and the number is expected to rise again this year. Credit remains extremely tight. Inventory and capacity reductions, layoffs and hiring freezes have reduced suppliers’ abilities to [...]

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The recent economic turmoil not only forced many small and large companies in the private sector to rethink their cost management strategies, but also prompted governmental bodies and not-for profits to emphasize agility and be more efficient. With fewer tax dollars collected in the past year, governmental agencies - particularly those at the state and [...]

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SaaS has been gaining traction partially due to it’s ability to help companies adapt to the new state of “normal” they will face as we emerge from the global recession. SaaS and the “cloud” computing model help contain costs, shorten implementation cycles and enable CIOs to focus on more strategic initiatives rather than expensive hardware [...]

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