article thumbnail

Benefits of DSOs and MSOs consolidating technology vendors

E78 Partners

DSOs can adopt a proactive approach to license management that can adapt to the changing scale of operations, often facilitated by vendor partners who specialize in serving multi-location healthcare organizations. It requires a well-planned and strategic approach, considering everything from ease of implementation to the return on investment.

article thumbnail

Developing A Strategic Total Rewards Approach

CFO Simplified

While not always necessary, having a simple salary structure and pay ranges provides a clear framework and market reference for decision making and communication. Both should be just detailed enough to guide and promote career mobility and pay transparency but as simple as possible to administer and communicate. Incentive Plans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change.

article thumbnail

Pros and Cons of Business Continuity Planning

Spreadym

This includes establishing alternate work locations, data backups and recovery plans, communication protocols, and guidelines for resuming normal operations. It includes analyzing the likelihood and impact of various risks and prioritizing them based on their severity.

article thumbnail

Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

“What this data indicates is that even when millions of consumers are re-evaluating their spending habits, they continue to prioritize wearable technology products over others,” Yang added. Samsung will continue to invest in these advanced technologies.”.

Sales 60
article thumbnail

Leading the Way: 5 Tips for January’s New CFOs

The Finance Weekly

Brian Berning | Experity , Brian Berning was named CFO of Experity, an on-demand healthcare provider. He has also held financial leadership roles at Nuance Communications, Wyless, and Mimecast. This requires effective communication and collaboration, as well as a deep understanding of the business's needs, goals, and priorities.

CFO 52
article thumbnail

Financial Ratios to Manage Accounts Payable

CFO Share

However, some industries, such as retail or healthcare, may have lower DPO ratios due to their payment policies or supplier relationships. Prioritize payments Prioritize payments to ensure that critical suppliers are paid on time and avoid late fees or penalties, while less critical suppliers are deferred if required by cash constraints.