Rise of automation in finance and accounting

The outbreak of Covid-19 has compelled companies to shut down their branches and physical stores and send their workers to work from home. Hence, they needed to automate front-end and back-end processes, while streamlining costs. That’s why automation tools such as robotic process automation (RPA) has become the fastest-growing software packages in this time of pandemic. … Read moreRise of automation in finance and accounting

The shift towards digital globalization

Obituaries to globalization bannered front pages worldwide as the pandemic took hold. The interdependence of economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information, was seen as seriously threatened by Covid-19. The DHL Global Connectedness Index – which we released in December – told a different … Read moreThe shift towards digital globalization

Practicing deep work

“What are the reasons why it’s difficult to maintain attention during virtual meetings?” This is a poll question I always ask when running virtual workshops with our clients. The answers range from the usual to the funny, such as “noise from kids playing outside,” “browsing FB/IG while on zoom meetings,” “Shopee/Lazada delivery,” “dogs barking,” and … Read morePracticing deep work

Survival of the fittest

Eighteen months into the pandemic and the fight continues. Nowadays it’s matira ang matibay (survival of the fittest). The pandemic is truly becoming a complex problem to solve with behavioral challenges among the compounding factors. Behavior, or the way someone conducts oneself, is a critical point in any problem-solving exercise and is usually the “deal breaker”, so … Read moreSurvival of the fittest

Virtual communication is redefining organizational culture

With the threat of the delta variant lurking, strict lockdowns have been reimposed in several countries, such as in Australia, in China, and in the Philippines. This caused companies to implementfull work-from-home (WFH) policyanew while others just extended their existing ones. Even beyond the pandemic, many companies have already decided on their hybrid policy, i.e., … Read moreVirtual communication is redefining organizational culture

Financial services in PH: Leading the cloud adoption

The pandemic accelerated the shift to digital banking as people from all over the world stayed at and worked from home. The ripening of fintechs and digital-only banks has attracted the younger generations of bank customers, which is further accelerating the decrement of bank branches. The Philippines, in particular, is experiencing a boom in digital banking … Read moreFinancial services in PH: Leading the cloud adoption

Work competencies to master the future

The future of work will never be the same as pre-coronavirus disease 2019 (Covid-19) conditions. Current indicators and several studies already point to the “hybrid” model of work in the future, i.e., employees working remotely between 25 percent and 75 percent of the time, as highlighted by a recent Accenture Future of Work Study 2021. We will … Read moreWork competencies to master the future