The Coronavirus disease (COVID-19) has tested the resilience of businesses around the world, and Canadian businesses have not been spared from the devastating economic impact of the pandemic. 

With the Coronavirus disease impacting almost every economy around the world, it has become imperative for businesses to take advantage of digital opportunities to help keep them afloat. As companies move boldly toward a more digitized future, the chief financial officer is in the best position to support business strategies in digital transformation.

With the technological innovations we’ve seen in the past decade and the performance of global markets today, businesses have reaped the many benefits of outsourcing. Indeed, the advantages of business process outsourcing far outweigh its disadvantages.

As a small business owner, you understand how crucial cash is to your business. To keep your business in good shape, it is important that you know how to improve cash flow in your small business.

In the past couple of years, blockchain has been illustrated as intriguing and potentially game-changing in the long run, similar to the Internet. Given its far-reaching impact on various industries, understanding blockchain technology is vital for chief financial officers (CFOs) and chief technology officers (CTOs).

  In today’s hyper-connected world, all organisations have become vulnerable to cybercrimes, data breaches, and other issues related to information security management. Experiencing cyber-attacks is not a matter of if but when. For this reason, maintaining the security of accounting data among firms in the past decade has become one of their most pressing concerns.