Robotics — the technology that deals with robot development, operation, and applications — promises the greatest manufacturing productivity increase since the industrial revolution more than two...
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Ensuring a Smooth Business Transition Through Succession Planning
Slightly more than half of family-owned firms intend to keep the business in the family, finds a survey by PwC. But succession planning is critical for the smooth transition of a family-owned firm...
Leasing Can Preserve Working Capital, Create Growth Opportunities
As the year comes to a close, many companies are evaluating their 2017 performance and looking ahead toward 2018. A goal for many businesses is to maintain a healthy balance sheet while still making...
Cybersecurity concerns and how to better safeguard data
In a recent KeyBank cybersecurity survey, theft of client data ranked as the greatest concern for middle market business owners and executives. For good reason. According to CSO Magazine,...
Improving Accounts Payable Efficiency with Purchase Cards
Purchase cards—also known as P-cards or procurement cards—provide businesses with significant opportunities to streamline processing and improve working capital. By replacing paper invoices and...
Deciphering New Lease Accounting Changes
Over the past 10 years, the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working together on a plan to overhaul lease...