The Launch of Zuora Secure Data Share for Snowflake Is Only Logical

“Star Trek: The Next Generation” isn’t quite the original, but The Borg absolutely deserve a place in the Pantheon of Sci-Fi nemeses right beside Klingons, Tribbles, and Harcourt Fenton Mudd. It’s impossible to work with enterprise application software and not be fascinated by The Borg. Advances in automation are constantly and inexorably being assimilated back into the enterprise collective. (Resistance is futile.) General ledger achieves automated input from accounts receivable (financials). Next, AR becomes connected to sales (CRM). Eventually, sales bills directly from the catalog (procurement) and automatically feeds commissions (payroll), which pays employees (human capital management, HCM) via bank accounts (treasury), and it all eventually becomes “ERP.” Or so we’d like to think… The first rule of assimilation (sorry, that’s Deep Space 9) is […]

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3Sixty Insights Anatomy of a Decision

Anatomy of a Decision: Family Service Rochester Elects to Partner With AssetHR and Implement isolved

What You Need to Know Many industries have struggled during the COVID-19 pandemic: supply chain issues, the Great Resignation, and ongoing shifts between remote and on-site work have plagued the majority of companies in nearly every field. The healthcare industry has had it worse than most. There are simply not enough qualified medical professionals to meet the global need. Ironically, just as work-life balance is gaining broad acceptance as a critical element of mental health, it has become nearly impossible for anyone working in healthcare to attain. With rampant burnout industry-wide, healthcare organizations are struggling with retention, and even the most well-intentioned are hard-pressed to improve the employee experiences they’re able to provide in the circumstances. A recent study conducted by isolved found that 36 […]

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An Article of Faith: HCM’s Long Tail of Value

Last time I blogged here was earlier this month to describe the HCM Value Plume. It’s the idea that a benefit from an improvement in human capital management has a first expression, which conventional accounting measures. These beginnings themselves say nothing, however, of the essential conditions the expression lays for its beneficiaries to create an expanding plume of value for the organization over time. Think of it as the long tail of value in HCM. Conventional accounting gives this long tail short shrift. The value in the plume exists even so. HCM’s Value Is More Than Skin Deep HCM’s value comes down to how we view the very idea of value in business. For example, a new efficiency saves money. Many say this is value. […]

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The HCM Value Plume

There was a time, before I knew anything about human capital management (or even that the formal acronym “HCM” existed), when I worked writing project proposals for a civil engineering firm. Most of the firm’s projects were environmental. Think Superfund site cleanup, this sort of thing. The firm also responded regularly to requests for proposals regarding the design and construction or responsible decommissioning of wastewater and drinking water treatment plants. At the time, another thing I didn’t know anything about was civil engineering. Necessity is the mother of invention, so I learned what I needed to know. And one thing I learned is this: when the source of a liquefied toxic substance breaches whatever contains it and gets into the ground, the extent of the […]

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Market Alert: Immedis Pay Reengineers the Way Companies Remit Cross-Border Payments to Employees, Tax Authorities, and Statutory Third Parties

What Happened In mid-July 2021, Immedis announced the availability of Immedis Pay, an automated solution for organizations to manage cross-border payments to their beneficiaries, including employees, tax authorities, and statutory third parties. Built on the foundation of everywhere-local expertise in global payroll, Immedis Pay gives companies local payments expertise across the globe to simplify payments, increase accuracy, and eliminate challenges with compliance. Cost savings from the use of Immedis’ network of API-connected local payment network providers and banking partners are significant. Immedis Pay currently delivers 99.98 percent error-free payments in 145 currencies across more than 200 countries. Background As part of its global payroll offering, Immedis has been expediting payments for customers since the vendor’s inception in 2016. The coincident expertise and global reach put […]

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3Sixty Insights Anatomy of a Decision

Channel Fish Anatomy of a Decision SAP Business One

The first decade of the 2000s saw a sea change in IT  spending. Until about 2009, spending oversight was starkly different from what it has become at most companies today. Chief Information Officers were generally happy to sign off on anything that stayed within their budget, so IT departments were free to make the technological and system decisions they thought would be best since they would be supporting that technology should anything go wrong. In the last decade or so, however, there’s been a shift. It’s far more common today for every purchase decision to go through finance and other departments, involving colleagues who may be unfamiliar with the provider or the ultimate use of the system and potentially slowing the adoption process (3Sixty Insights […]

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Research Agenda: Finance Research Practice H2 2021

Companies have benefitted from rapid deployment of cloud-based ERP. “Customization” once delayed legacy implementations, but now “Low/No Code” environments enable personalization and better adaptation to unique business requirements. As AI, IoT, and other acronym-rich trends increase the pace of change, rapid system updates and increased leverage of available capabilities become more and more valuable. Putting predictive, intelligent, and mobile capabilities into the hands of front-line resources will further increase the payoff. The Financials and ERP practice at 3Sixty Insights plans to explore these and other themes over the next 12 months: Concrete vs. Abstract Finance: A New Way for Organizations to Look at ERP Enterprise Structure vs Line-of-Business Initiatives: Achieving Balance in Location of Power Suite vs Point Solutions vs Specialized Systems: Where Should Finance […]

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