The impacts of COVID-19 are just beginning to surface, posing new challenges to industries and businesses to stay operational and forcing them to rapidly adjust to a remote workforce. The..

As evidenced in the last few weeks and months, the world is ill prepared to detect and stop pandemic outbreaks. The impact of COVID-19 has caused unimaginable tragedy, forced inconceivable losses..

As the COVID-19 pandemic has forced a connected, mobile society indoors for the foreseeable future, organizations have begun to adjust to a new “business as usual” remote delivery. The strain on..

Note: “Q&A with … “ is a recurring series with CrossCountry Consulting leadership.

As banks and other financial institutions are crossing the finish line to comply with the CECL accounting standard, many companies are finding it difficult to interpret their results. Even for..

Because it provides a tremendous opportunity for growth, the idea of executing an IPO is thrilling for many private companies. Despite the excitement, it is important to first consider whether the..

As the impact of CECL begins to emerge, financial services firms have dominated headlines. Companies outside of this realm have taken varied approaches, and many have concluded that CECL will not..

While the new revenue standard is “old news” for the majority of public companies, spring of 2020 will be the first time most private companies close their 2019 books and report under ASC 606...

Outsourcing is a common business strategy for most medium-to large-scale organizations. Each organization has its reasons and drivers for conducting outsourcing programs such as internal resources..

With the planned cessation of London Interbank Offered Rate (LIBOR) only 25 months away, financial institutions across the globe are dedicating significant resources to building out their LIBOR..

Data is the lifeblood of your organization: You need it to help analyze results and trends in order to make good decisions. But what happens to the data if you move your ERP system from on-premise..

So, you have set up shared services centers and the teams are delivering more efficient and consistent processes, enabling better controls in your organization. Due to the transition of work to..

The two most important Central Counterparty (CCP) Clearing houses in the world, the Chicago Mercantile Exchange (CME) and the London Clearinghouse (LCH), have laid out preliminary proposals for..

After careful consideration, your organization decided to move forward with implementing a shared services center. One of the most critical components of implementing any new function or operating..