Attracting and retaining talent

Many businesses are having a hard time with absorbing employee turnover and recovering from the COVID pandemic and the Great Resignation; addressing backoffice employee vacancies; unable to compete in the labor market given limited resources; and a lack of clarity when addressing an uncertain AI-driven future.

Sub-optimal technologies

This includes being unable to meet the need for a data-driven strategy, lacking IT support for a 24/7 workforce, and suffering from an inability to respond to rapidly changing technology and data requirements.

Changing regulatory environments

Challenges on this front include struggling to address a rapidly changing regulatory environment; challenges navigating complex, high-risk tax issues with employees who are unfamiliar with the issues; difficulty navigating ever-changing legislation and reporting requirements; and an ongoing struggle with maintaining compliance with revised Lease Standards.

Roadblocks to accurate reporting

Teams often have trouble with accurate reporting on complicated fact-patterns; an inability to recognize tax opportunities such as credits, ESG incentives, and structuring; and improper key performance indicators for measuring and reporting on ESG initiatives.