Simplifying business processes, saving resources, and quickly exchanging electronic documents with partners and clients from all over the world are some of the features that connect digitization and business transformation. Digitizing business processes is essential for corporations to compete in the market today. Existing business processes must be implemented faster and more efficiently, and now is the best time to start the process of digital transformation of the company itself.
Grant Thornton Croatia offers its clients a wide range of auditing, tax and business consulting services, as well as payroll accounting. Along with them come services that provide support during activities related to the human resources sector, or better known as HR activities. With the aim of providing services to our clients at the highest level, we combine many years of international experience with specific knowledge that we have acquired in more than 20 years of presence on the Croatian market.
The ever-increasing scrutiny of working conditions continues to affect the retail industry. She has almost completely recovered from the pandemic. Yet with its reliance on hourly workers, its youthful workforce, its vulnerability to economic trends, its difficulties with hybrid work, and the revolution in customer experience brought about by online sales, retail presents challenges and opportunities that are similar in several industries.
Summer is an ideal opportunity to lay the foundations for digital business transformation and business growth. Within the National Plan for Recovery and Resilience, several tenders have been announced, the purpose of which is the digital transformation of small and medium-sized enterprises in Croatia. The funds are non-refundable, and the goal of the Call is to enable digitization for the purpose of digital transformation of Croatian SMEs by acquiring digital tools and equipment and strengthening digital skills for the development and application of new products, services and processes, which will ultimately result in strengthening the market position of the company and increasing productivity.
Technology can help many businesses offset the damage caused by this unpredictable inflation. With inflation visible around the world and likely to persist until 2023, many mid-sized companies are facing unprecedented challenges. Input costs are rising, consumers are reducing their spending, margins are under pressure, and companies are finding it increasingly difficult to protect their profits and make effective investment decisions.
The rapid growth and change in the private sector must be matched by the changes in data and analytics that the sector provides. Private equity fund managers need high-quality technology solutions that refine visible data and simplify workflow throughout the entire business cycle.