There is no denying that data is key to effective decision-making. As part of its offering, Drooms users can centralise important files and folders in one place and leverage powerful tools to extract critical information quickly.
The COVID-19 crisis exposed the lack of investment in process digitisation and automation across multiple industry sectors, and real estate was no exception. Those organisations that had already implemented digital technologies for processes such as due diligence were in a better position to deal with remote working and closed offices than those still reliant on manual approaches.
It is only a matter of weeks before the General Data Protection Regulation (GDPR) comes into full force. Until now businesses have been spoilt for choice with the variety of cloud service providers on the market, but as the deadline for compliance to the GDPR looms, they will have a further obligation under the regulation: to vet their current providers and designate only reliable partners for data processing activities.
Regional governments and global institutions have been focusing on controlling the impact of bad debt on banks’ balance sheets for some time now. With the COVID-19 outbreak pushing debt levels higher, buyers and sellers must approach and manage nonperforming loans (NPLs) with care.
Enterprises shift to digital in the wake of the COVID-19 pandemic.
Navigating corporate restructuring or bankruptcy is challenging particularly during times of economic uncertainty and market volatility.
Among the 25 billion-dollar public companies that filed for bankruptcy in 2008 were the two largest in US history to date: Lehman Brothers Holdings and Washington Mutual.
There is no denying that mergers and acquisitions, which rely on the interconnectedness of financial systems, have been greatly affected by the arrival of COVID-19. The impact, just like the spread of the virus across the globe, has been quick and significant. But what EU M&A trends can we expect as the pandemic recedes?
Emerging technologies are a testament to the rapid rate of human innovation. They are impacting profoundly how we live our personal lives but in the commercial world, the pressure is on for companies of all sizes to embrace cutting-edge technology to improve their business processes. If they fail to do so then they risk becoming obsolete very quickly.
