Verve Professional Services

09/20/2023

Prepare for a better tomorrow! What questions can you ask regarding effective leadership? Read PWC's strategy + business article on five new foundational qualities of effective leadership: https://www.strategy-business.com/article/The-five-new-foundational-qualities-of-effective-leadership?utm_source=itw&utm_medium=NL20230905&utm_campaign=resp

CEO succession planning has never been harder. But there are questions leaders can ask today to help better prepare for tomorrow.

09/13/2023

VERVE assists clients with their strategic projects & initiatives such as business transformations, operating process improvements, M&A due diligence & integration, change management and system implementations to mention a few. With VERVE, we are one firm for people, process, system and financial approaches to corporate challenges and initiatives.

Need to get a project or initiative going? Contact us! https://www.vervepros.com/contact-form/

09/06/2023

Interview with Sanjib Sahoo, award-winning chief digital officer and executive vice president of Ingram Micro. Sahoo discusses the keys to being a successful IT leader today. These include the importance of accountability, having a bias for action, and compassionate communication.

"Each one of us can be our own CEO, take accountability, take action, and do not wait for the result."

Check out the interview: https://www.cio.com/article/411674/sanjib-sahoo-on-the-cio-as-chief-value-officer.html?utm_source=Adestra&utm_medium=email&utm_content=Description%3A%20Sanjib%20Sahoo%20on%20the%20CIO%20as%20chief%20value%20officer&utm_campaign=CIO%20US%20First%20Look&utm_term=CIO%20US%20Editorial%20Newsletters&utm_date=20230802154918&huid=192a54c2-50dc-4c9f-a8a5-b423bb10d823

The CDO of Ingram Micro discusses the importance of taking accountability, having a bias for action, and communicating with compassion as the keys to being a successful IT leader today.

08/30/2023

Are you looking to improve transparency in accounting and finance? PwC's Wes Bricker shares the advice he gives frequently regarding this transparent improvement. https://www.financialexecutives.org/FEI-Engage/News/2023/What-Advice-Do-You-Keep-Coming-Back-to.aspx?

Raise Your Expectations in Finance and Accounting with VERVE. Our Big 4 heritage really shines in this category, offering you a level of expertise that will leave you well-prepared, well-informed and well-organized. We can help you with: General Accounting, M&A Due Diligence & Integration, SEC Reporting, Restatements, Financial Planning & Analysis, Budgeting & Forecasting, Reconciliations, New Accounting Standards Implementation, Corporate Tax and Compliance.

In our interview with PwC's Wes Bricker, he shares the advice that he gives his mentees most frequently.

08/23/2023

Raise your expectations; with VERVE expect a more efficient and effective Supply Chain. VERVE’s skilled professionals collaborate with you to implement strategic supply chain initiatives across a broad range of industries. Our experienced consultants are passionate about controlling spending and enhancing business processes to deliver on-demand timing with greater pricing efficiencies. Learn more: https://www.vervepros.com/services/ -chain

With our services we work closely with clients to learn about internal systems and processes, develop a custom approach and develop innovative solutions.

08/16/2023

Most employees aren’t afraid of AI. In a new PwC survey, most of the ~54,000 workers polled have a largely positive take on AI. That should be good news for the C-suite! Leadership teams can harness that optimism and still navigate AI’s potential hazards. It has been recommended to start by engaging their workforce in 3 ways:

- Set the right tone

- Strengthen your employees’ human skills

- Enlist your people as solvers

https://www.pwc.com/gx/en/issues/c-suite-insights/the-leadership-agenda/who-is-afraid-of-ai-most-employees-arent.html?WT.mc_id=CT11-PL1000-DM2-TR2-LS4-ND30-TTA9-CN_gx-fy22-xlos-leadership-agenda-s+b-newsletter

A majority of the nearly 54,000 workers polled in a new PwC survey have a largely positive take on AI, and that should be good news for the C-suite.

08/09/2023

Did you know that employers are budgeting 4% pay raises for the year 2024? According to SHRM, "As a tight labor market and inflationary pressures linger, employers are looking to continue competitive pay hikes for employees in 2024—although the aggressiveness of raises may be starting to cool, new data finds." Read more: https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/2024-salary-pay-raise-projection-employer-forecast-wtw.aspx

As a tight labor market and inflationary pressures linger, employers are looking to continue competitive pay hikes for employees in 2024—although the aggressiveness of raises may be starting to cool, new data finds.

08/02/2023

Interim professionals can be a great alternative to full-timers! They often bring different experiences and skills that can help to keep a firm or business on track when things get challenging. This article shares 5 common scenarios where opting for an interim executive might be the better choice!

https://venturebeat.com/data-infrastructure/5-signs-interim-management-might-be-better-choice-than-full-time-hire/

In today's uncertain times, here's how to determine when to bring in interim management rather than hiring a full-time executive.

07/26/2023

Corporate data reporting matters, not just to accountants and stock analysts, but also to investors, employees, and customers. This group of stakeholders wants to be aware of how companies are dealing with challenges, building diverse workforces, and complying with regulations. More detailed, readily measured, and easily verified information is important to stakeholders.

In this podcast, you can expect to hear how reporting can build trust and why it should be a key part of a leader's agenda.

https://www.pwc.com/gx/en/issues/reinventing-the-future/take-on-tomorrow/corporate-reporting-podcast-episode.html?WT.mc_id=CT11-PL1000-DM2-TR2-LS4-ND30-TTA9-CN_gx-fy23-xlos-sb-take-on-tomorrow-podcast-sb-newsletters

Hear how better reporting could help transform companies’ environmental impact, workforce diversity, and compliance. Listen now.

07/19/2023

Looking to Save or Cut Costs? Consider a personalized health and nutrition program aimed at preventing and reducing healthcare costs.

80% of all healthcare costs are linked to lifestyle-related chronic diseases such as coronary heart disease, diabetes, high cholesterol and 13 cancers*

40% of US adults are obese and obesity leads to most preventable chronic diseases which can be diminished through a diet transformation**

By providing a personalized health and nutrition program for your employees you can reduce your benefit costs through prevention and management. Contact VERVE about our employee programs that can prevent, reverse and manage their health conditions.

https://www.vervepros.com/services/

* American College of Lifestyle Medicine
** Centers for Disease Control and Prevention

With our services we work closely with clients to learn about internal systems and processes, develop a custom approach and develop innovative solutions.

07/05/2023

Top performing organizations take 25 days or less to complete their annual budgeting cycle, half the time it takes those in the 75th percentile. What are the four best practices to drive down cycle times and those long protracted back and forth negotiations?

Read More: https://www.cfo.com/corporate-finance/2021/11/cycle-time-to-complete-the-annual-budget-metric-of-the-month/

Do you remember the classic holiday song, “It’s the Most Wonderful Time of the Year” by Andy Williams? Well, if you ask CFOs and business unit

06/07/2023

Did you know that the “Demand for an interim CFO has more than doubled since last year"? Regardless of industry, CFO turnover has been a burden for companies of all sizes. Luckily, VERVE has the financial expertise and individuals to fill those spots! If you are struggling or in need of an interim professional, we are here to help!

Check out the article by CFO: https://www.cfo.com/human-capital/talent-management/2023/04/interim-cfo-turnover-careers-csuite-leadership/

As turnover continues to be a problem for organizations, the demand for a quick replacement is skyrocketing.