(IN BRIEF) A KfW Research survey has revealed that SMEs in Germany are spending an average of 32 hours per month to comply with legal requirements, costing the economy EUR 61 billion annually. The survey also highlighted expectations for wage … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Small Business, Technology
Tagged administrative costs, construction sector, cost burden, Deutsche Bundesbank, Dr. Elisabeth Grewenig, economic policy, Financial Challenges, Focus on Economics, German economy, KfW Research, KfW SME Panel, legal compliance, services sector, small and medium-sized enterprises, SMEs, wage costs, wage expectations
(IN BRIEF) A recent EY survey indicates that CFOs and tax leaders are increasingly optimistic about generative AI (GenAI), with 87% believing it will enhance efficiency in the tax and finance sectors. Cost pressures have emerged as the top concern … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Dave Helmer, EY, Financial Challenges, generative AI, Marna Ricker
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