CECL requires loss estimates to include relevant information about past events, current condition and reasonable and supportable forecasts using both internal and external information, including a range of qualitative and quantitative factors. Estimates of expected credit losses must consider information related to the borrower’s creditworthiness, the issuer’s underwriting practices, and the current and forecasted direction […]
Strategy and Transformation
Creating a Brand Community Among Your Customers
Everybody loves to be loved, right? Your brand’s community is the following of loyal customers that surrounds your products. A strong community can be an excellent resource for your brand, as it strengthens your retention rates, boosts repeat sales, and provides you with advocates who can help promote your products and support you during a […]
Personalization Progression: Explicit Personalization for B2B
The overarching concept of personalization is to improve the customer experience on a site by utilizing information to present unique content that’s specific to each individual site visitor’s needs.
Healthcare’s Big 3 – Chatbots, Smart Algorithms, and AI
Healthcare continuously expands the realm of digital technology and explores new paths to analyze and comprehend complex data. The industry is moving in leaps and bounds in order to stay ahead of the technology trends that are upcoming. This blog looks into three major trends that are becoming major components of the healthcare industry. Smart […]
Effectively Managing Mule API Versions
I attended the MuleSoft Connect 2018 conference, the largest industry gathering focused on integration & APIs. While I was at this conference, I had the honor of presenting how to effectively manage Mule API versions and portal site in multiple environments. Check out my presentation from the conference below: Effectively Managing Mule API Versions and […]
How To Find Your Missing Salesforce Views on Mobile Devices
Go Totally Mobile on Salesforce – Well, Almost It might seem like a dream come true to have a deployed support team in the field, armed with iPad in hand, ready to service all those cases rolling in. But, without the laptop, those truly mobile professionals just might not see what they should be seeing […]
Sitecore Special: B2B Personalization Progression
There is a great opportunity for B2B customers who have Sitecore to get ahead of the game by leveraging both rules-based personalization and pattern personalization within the system to deliver an experience tailored to those individual needs.
Antifragile Software: 6 Things to Know and Watch
This blog is a summary of the antifragile sw movement. There is lots of links. Loosely, Antifragile is the property of thriving through volatility and surprise. There is an antifragile sw manifesto, but note also that this goes beyond robust/resilient. As part of a Digital Transformation, here are six things to think about. 1. Adaptive Failure […]
The New CECL Accounting Standard
CECL, or current expected credit loss, is a new accounting standard that will change how financial institutions account for expected credit losses. Complying with the new CECL standard will have a major impact on an institutions’ operations, accounting/finance, IT, credit, and risk processes and systems. Under current US GAAP (generally accepted accounting principles), an “incurred […]
Omnichannel Strategy: Consistent Experiences at Every Touchpoint
Omnichannel experiences are ones that provide a seamless shopping experience across all channels – in brick-and-mortar stores and across digital. To do it well, your messaging and the purchasing processes must be consistent and harmonious. Why is omnichannel marketing essential? This attempt to be everywhere for everyone means that traditional retailers could have an advantage […]
What’s Next in Supply Chain?
While it’s impossible to know for certain what the future holds, trends can be a reliable predictor of what’s on the horizon. Our extensive work with supply chain has revealed several trends that we believe will be impacting supply chain in the near future. These include: Blockchain: Create immutable end-to-end data visibility into all aspects of […]
M&A: Strategic Opportunity for Businesses
I was recently asked to help evaluate an IT department’s readiness for their company’s new strategic direction – the acquisition of multiple companies in a relatively short timeframe. The company’s acquisition strategy, while new for them, was not unusual or unexpected. A recent publication by Deloitte notes that private equity firms expect to increase both […]