Optimize your resources to reduce the debt of becoming a least-hassle supplier. When Albert Einstein was once asked to name mankind’s greatest invention, his answer was “compound interest.” While the federal funds rate was near zero, it made sense for businesses to load up on debt and pay virtually no interest. Now, with higher interest rates compounding the impact, it’s…
Read MoreTag: return on investment
The Technology Upside in an Economic Downturn
Embrace the paradox: Invest in tech partners and people now, while an impending recession makes talent and time abundant. DIGITAL TRANSFORMATION RATIONALEResearchers preparing the 2022 KPMG U.S. Technology Survey Report asked businesses: “What are the key drivers of your organization’s digital transformation and corresponding investments?” As the United States slides into a recession, our industry is starting to feel it.…
Read More