Blogs

Since the Covid-19 pandemic, we’ve witnessed a revitalization in American industrial policy. The economic ripples of the pandemic highlighted the precarious nature of long-spread supply chains and outsourced labor; now having internalized these lessons, many firms are re- or nearshoring their operations instead. Accordingly, experts may believe US manufacturing is poised for growth in the coming years as jobs come back home. But the post-pandemic era isn’t the only thing paving the way toward growth. Advancements in artificial intelligence (AI) and automation technology have allowed...

Streamlining payments involves refining the management of money flowing in and out of your business. It could include reassessing your payment strategy or even upgrading your treasury management solutions. When done effectively, optimizing your payment processes may improve customer experiences, enhance security, optimize cash flow, and reduce costs. This guide walks you through how to optimize your payment processes, beginning with assessing your current system. We also look at ways you can spot financial inefficiencies in your operations. Finally, we provide an overview of how you can...

Manufacturing technology is quickly elevating through notable advancements in artificial intelligence (AI) and Internet of Things (IoT) devices and services. For manufacturers, the coming year may be indelibly marked by the futuristic changes these advanced technologies bring. Yet the question for manufacturing leaders is more practical: Is investing in new technologies worth it? One recent survey calls the potential value extracted from new manufacturing technology into question: 88% of companies that integrated new technology say that achieving measurable value from their investment is...

As we ring in the new year together, we want you to know that our team continues to prioritize your financial security. It is our goal to ensure you are well-prepared to tackle evolving fraud threats. Read on to learn more about emerging fraud schemes that scammers will use in 2024. Artificial Intelligence + Social Engineering = Imposter Scams In 2023, imposter scams experienced rapid growth as a prevalent form of fraud, and we expect this trend to continue in 2024. The prevalence of artificial intelligence (AI) makes it difficult to discern truth from deception in our emails, text messages...

Going green has the potential to be a wise business decision for the manufacturing industry. In fact, it seems many manufacturers are making the jump to more sustainable processes and business operations. Traditional manufacturing processes are based on a linear model of consumption—that is, finite energy resources are consumed during the production process and many products are often discarded. But as concern grows regarding these finite resources and as costs go up, pivoting to green manufacturing is one way businesses can preserve these resources and keep costs down. Resources aside, we’ve...