Latest news with #professionalservices
Yahoo
2 days ago
- Business
- Yahoo
Jim Cramer on RELX (RELX): 'Two thumbs up'
We recently published a list of . In this article, we are going to take a look at where RELX PLC (NYSE:RELX) stands against other stocks that Jim Cramer discusses. During the lightning round, a caller asked what Cramer thought of RELX PLC (NYSE:RELX), and he said: 'Oh, well, you know what, finally, someone asked me about the old Reed Elsevier, which I've always liked. They're putting up great numbers. That's one of the reasons why people want to go to Europe to buy stocks. No controversy. Reed Elsevier, RELX, two thumbs up.' A publishing manager overseeing the process of releasing content to the public. RELX (NYSE:RELX) delivers data-driven analytics and tools that support decision-making and improve efficiency for professionals and businesses across various industries. The company's services include risk evaluation, scientific research support, legal insights, and market engagement solutions. Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q4 2024 investor letter: 'RELX PLC (NYSE:RELX) is a leading global provider of data, decisioning tools and analytics to users in professional markets, including legal, academic, banking, and insurance underwriting. RELX has transitioned from a provider of simple data and content, to increasingly being a supplier of productivity enabling analytic and decisioning tools, thereby becoming more relevant to its professional users. This became more apparent in 2024 when RELX's growth accelerated notably in several key end markets, and we expect growth will continue to gradually accelerate for a number of years. Overall, RELX ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of RELX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
ISS signs new contract with global professional services company in India
ISS, a leading workplace experience and facility services company, has expanded its international partnership with a global professional services company through a new contract in India. The contract has an annual value of DKK 100 million. Copenhagen, June 06, 2025 (GLOBE NEWSWIRE) -- ISS already works with this customer across multiple countries in Europe, and with this new partnership in India, ISS will deliver integrated facilities services, including technical support and workplace experiences. The contract is expected to start in July 2025 and will have a duration of five years. Carl-Fredrik Bjor, Group Chief Commercial & Revenue Officer at ISS says: 'We are thrilled to expand this significant partnership - within one of our strategically prioritised global industry segments - into an important market like India while also introducing additional services through this new contract. We look forward to supporting our customer's ambition to become more agile, efficient, and sustainable while enhancing workplace experiences.'For media enquiries:Charlotte Holm, Head of External Communication, +45 4176 1989 For investor enquiries:Michael Vitfell-Rasmussen, Group Head of Investor Relations, +45 5353 8725Anne Sophie Riis, Senior Investor Relations Manager, +45 3052 9468 CONTACT: For media enquiries: Charlotte Holm, Head of External Communication, +45 4176 1989 For investor enquiries: Michael Vitfell-Rasmussen, Group Head of Investor Relations, +45 5353 8725 Anne Sophie Riis, Senior Investor Relations Manager, +45 3052 9468Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Times
5 days ago
- Business
- Irish Times
Deloitte Ireland strengthens leadership team with nine partner promotions
At a time of unprecedented global disruption, rapid technological change and increasing business complexity, Deloitte Ireland has announced the appointment of nine new partners across its core business, a move that strengthens the firm's ability to help clients turn volatility into opportunity. These appointments span key strategic areas of the business with the new partners named as Aoife Bayne (strategy, risk and transactions advisory); Paul Kerrigan (enabling areas); Sean Gascoine (audit and assurance); Grace Cunningham (technology and transformation). Back row: Dominic McNeill (tax and legal); Ailbhe Flynn (audit and assurance); Jake O'Sullivan (strategy, risk and transactions advisory); Aisling Cronin (technology and transformation); Ciarán Treacy (audit and assurance). These new leaders bring wide-ranging expertise across audit, technology, tax, risk, regulation and forensic investigation. Their appointments reflect Deloitte's position as the number one professional services firm globally, with a network of more than 450,000 people in more than 150 countries and a force of 5,000 professionals across the island of Ireland. The announcement reflects Deloitte's bold ambition to remain at the forefront of professional services and to stay at the sharp edge for international and domestic clients who are seeking to transform and grow their business. READ MORE 'It's an incredibly exciting moment to welcome this group of exceptional leaders into our partnership,' says Harry Goddard, chief executive of Deloitte Ireland. 'These appointments build on the depth and strength of an already outstanding team, one that is committed to helping clients lead with clarity, resilience and ambition. Each of these new partners brings sharp insight, deep expertise, action-oriented leadership and an unwavering focus on delivering impact.' Deloitte continues to be the first call for clients seeking future-ready leadership This announcement follows a period of big investment in Deloitte's all-Ireland innovation capabilities, including the expansion of its Belfast Tech Centre of Excellence, where the firm is creating 500 new jobs, and Deloitte Ireland's high-profile collaboration with Google on Ireland's largest AI Summit. These initiatives reflect Deloitte's aim not just to respond to change, but to remain far ahead of the curve, particularly in the fields of AI, investment innovations and digital strategy. These strategic appointments reflect Deloitte Ireland's ambition and reinforce its leadership bench to ensure insight and advice is backed by action-orientated delivery. Across all sectors, from financial services and public sector to life sciences, consumer, technology and energy, Deloitte continues to be the first call for clients seeking future-ready leadership and the appointment of nine new partners, including four women, reflect the firm's dedication to help clients lead with courage, clarity and forward momentum. These new additions to the partners group bring unique perspectives, strong representation across sectors and a balance of international and domestic experience. Meet the new partners joining an already exceptional leadership team at Deloitte Ireland: Aoife Bayne, strategy, risk and transactions advisory Aoife leads Deloitte Ireland's Financial Risk Management offering, bringing 20 years of experience in both domestic and international banking. She specialises in prudential risk management, quantitative modelling and regulatory engagement. Her background in mathematics and financial services enables her to identify emerging issues and help clients make data-informed decisions. Aoife is known for blending strategic insight with a strong grasp of technical detail to guide clients through regulatory complexity. Aisling Cronin, technology and transformation Aisling is a technology transformation leader with deep sector experience in healthcare and life sciences. She supports senior executives in defining and delivering business value through digital and organisational change. Aisling works closely with technology leaders to build roadmaps, shape vision and align strategic investments. She is a graduate of Trinity College Dublin (Management Science and Information Systems Studies) and is certified in leadership, IT strategy and data analysis. She is also an active advocate for diversity and gender equity. Grace Cunningham, technology and transformation Grace has deep experience leading large-scale public sector transformation programmes. She specialises in complex business change, particularly within Health and Social Care, and has also worked across justice and central government sectors. Grace brings an international perspective from her time in New Zealand's public sector. She holds a Law degree from University College Cork and a Master's in Management from University College Dublin. Ailbhe Flynn, audit and assurance Ailbhe provides audit and assurance services to clients with a focus on investment management industry. Ailbhe also has extensive experience across risk, accounting, advisory and audit services and is a trusted adviser to many of our investment management clients and their service providers. Ailbhe is a fellow of the Institute of Chartered Accountants in Ireland and is recognised for her commercial approach, technical strength and commitment to team development. Sean Gascoine, audit and assurance Sean is a leader in the Investment Management team, within Deloitte Ireland's Audit & Assurance practice. He provides audit and advisory services to some of the world's largest asset managers and service providers, bringing particular expertise in exchange traded funds, fund structures and global investment regulations. Also well-versed in IFRS, FRS 102 and US GAAP reporting, Sean is a member of Chartered Accountants Ireland and is known for delivering sharp client insight in an evolving sector. Paul Kerrigan, enabling areas Paul is a solicitor with more than 20 years of experience in legal and risk advisory within professional services. Since joining Deloitte in 2017, he has led Deloitte Ireland's legal and risk functions and holds additional leadership roles at the European level. His expertise supports the firm's ability to manage complexity, uphold governance standards and enable quality across all services. Paul is a board member of LauraLynn, Ireland's Children's Hospice, and sits on the Audit & Risk Committee of the Corporate Enforcement Authority. Dominic McNeill, tax and legal Dominic is a senior adviser in Deloitte Ireland's Transfer Pricing team, with more than nine years of experience in international tax and financial services. He holds a BSc in Finance from Queen's University Belfast and has earned the ADIT Transfer Pricing Certificate. Dominic has previously held senior roles in other Big Four firms and advised clients in banking, asset management, aviation leasing, real estate and consumer products. He contributes regularly to Irish Tax Institute training and publications and is known for his technical depth and commercial acumen. Jake O'Sullivan, strategy, risk and transactions advisory Jake is a senior forensic accountant with 12 years of experience helping clients across industries respond to fraud, regulatory investigations and litigation. He has led multi-jurisdictional, high-profile assignments for clients in tech, Government, financial services, telecoms and beyond. Jake combines subject matter expertise with a pragmatic, tech-enabled approach. He is a member of Chartered Accountants Ireland and the Association of Certified Fraud Examiners (CFE), and holds a first-class honours degree in Commerce (International) with French from University College Cork. Ciarán Treacy, audit and assurance Ciarán is a leader in Deloitte Ireland's Controls Assurance team and is an ACCA-qualified accountant with 20 years of experience. Since joining the firm in 2007 he has specialised in helping clients establish and mature their governance, risk and compliance capabilities. He leads Deloitte's national Future of Controls offering and supports clients in SOX readiness, internal audit and risk control design, often working with cross-functional and international teams. His client base includes some of the firm's most significant corporate and plc clients. For more information, visit
Associated Press
5 days ago
- Business
- Associated Press
Finance Systems Slammed by Professional Services Firms for Wasting Time and Money
44 hours per week wasted on financial discrepancies and two days per week on year-end financials LONDON, June 5, 2025 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for people-centric organizations, has unveiled part two of its international research study, 'The Back Office in 2025.' Conducted by Vanson Bourne, it highlights major difficulties for professional services firms in managing key financial systems, such as cash flow management, year-end financials and project financials. 100% of senior finance and IT decision makers experience discrepancies in year-end financials, with the majority (77%) saying they occur often. Significant resources are being wasted in investigating errors, consolidating financial information and on manual processes. Data consolidation, back-office integration and automation are seen as key to improving performance. Year-end discrepancies affecting morale There is a clear human cost to financial errors, as 61% say year-end reporting negatively impacts the wellbeing of the finance team, while a further 73% say reducing workload at year-end would help prevent burnout. The top three challenges related to discrepancies are: 'At a time when productivity and efficiency are bywords for every Professional Services firm, these findings reveal concerning shortcomings for organizations that want to be more competitive,' said Bryce Wolf, Strategic Growth Director, Unit4. 'The firms that drive greater consolidation of financial information will be closer to gaining a single source of truth about their business performance. Combined with greater automation to aid faster decision-making, this will be critical to survival and growth in the years ahead.' Project financials are draining resources Project financials, as well as year-end reporting, are adding to the burden. When dealing with year-end preparations, senior finance decision makers are spending two full working days per week consolidating year-end financials, while respondents say they are wasting 25 hours a week investigating project financials and 19 hours per week on correcting or updating issues. The top three challenges for improving project financials are: Slow and risky manual processes are to blame A possible cause for discrepancies and wasted time could be that 84% of finance teams are spending too much time on manual processes that should be automated. In cash flow management the top three processes affected by this are payment reconciliation, approving workflows and data consolidation and integration. It is no surprise, then, that 88% say cashflow management is difficult, blaming inadequate financial reporting tools, complex approval processes and high operating costs. In turn, this is leading to increased processing times, operational costs and risk of errors. Globally respondents see real value in automating financial processes, saying the top three benefits will be: Today, though, only 46% of cash flow management processes are automated. Among the subsectors within Professional Services, Management consulting (49%) comes out top in wanting to increase automation, followed by IT and tech (48%) and Media and publishing (46%). Similarly, 92% of respondents agree that automating processes would speed up consolidation of year-end financials. Generally, there is agreement that consolidating data, greater integration of back-office systems and automating processes should be prioritized to overcome the challenges outlined in the research. Embracing AI and automating manual workflows can provide a single source of truth for financial data - something that is lacking for 73%. Globally, respondents also say that finance systems could be improved with: Respondents believe that adopting these recommendations will help to improve the accuracy of financial decision making, reduce workloads and ultimately free up teams to focus on strategic growth. Further Reading Read the eBook for more detailed information on the Professional Services research. Vanson Bourne Methodology The research covered the US, UK, France, Belgium, Netherlands, Nordics and DACH regions and took responses from a range sectors, including IT and technology, architecture and engineering, media and publishing and management consultancy. It was conducted between 11th February and 10th March 2025, and the findings were based on a total of 600 senior finance and IT respondents. About Unit4 Unit4's next-generation enterprise resource planning (ERP) solutions power many of the world's mid-market organizations, bringing together the capabilities of Financials, Procurement, Project Management, HR, and FP&A to share real-time information, and deliver greater insights to help organizations become more effective. By combining our mid-market expertise with a relentless focus on people, we've built flexible solutions to meet customers' unique and changing needs. Unit4 serves more than 5,100 customers globally across a number of sectors including professional services, nonprofit and public sector, with customers including Southampton City Council, Metro Vancouver, Buro Happold, Devoteam, Save the Children International, Global Green Growth Institute and Oxfam America. For further information visit For more information, please visit follow us on, Facebook: Unit4 Business Software, Instagram: @unit4global or visit our YouTube: Unit4 and LinkedIn page Media Contact: Lisa Stassoulli Global Communications Manager, Unit4 Mobile: +44(0)7870 916827 [email protected] View original content to download multimedia: SOURCE Unit4
Khaleej Times
27-05-2025
- Business
- Khaleej Times
Grant Thornton UAE expands capabilities by joining multinational platform
In a significant milestone for the region's professional services sector, Grant Thornton UAE has joined a new multinational platform established by Grant Thornton Advisors in the US and Grant Thornton Ireland, marking a transformative step in its journey of growth and geographic expansion. The platform, which brings together 13,000 professionals across over 60 offices, is designed to deliver enhanced capabilities, cross-border solutions and deeper industry expertise to clients worldwide. It currently includes Grant Thornton US and Grant Thornton Ireland and other high performing member firms, with further integrations in progress across key financial centres such as Cayman Islands, Luxembourg and Netherlands. Grant Thornton UAE, which has been operating in the UAE for almost 60 years, is the first firm in the Middle East to join the platform. This move reinforces the UAE's position as a premier global business hub and reflects growing international confidence in the market's potential. It is aligned with the UAE's ambition to become a global destination for financial services, innovation and investment. 'This unification is a strategic leap forward that allows us to deepen our expertise, broaden our service offering and create greater value for our clients,' said Hisham Farouk, CEO of Grant Thornton UAE. 'It strengthens our ability to support both regional and international businesses through enhanced advisory, tax and assurance capabilities, while preserving the trusted relationships we've built in the UAE.' Clients will gain access to a richer pool of insights, international best practices and an expanded suite of cross-border solutions. For businesses with global ambitions, this evolution provides the ideal platform for scalable, future-ready support. It also offers more opportunity for Grant Thornton UAE's people, enabling career mobility and access to enhanced tools and resources. 'With nearly six decades in the UAE, becoming part of this multinational platform signifies a crucial advancement in Grant Thornton UAE's quest for innovation, collaboration and global influence, charting a new course in our journey. This partnership embodies our dedication to excellence and our faith in the strength of a common vision across different geographies. We will continue to unlock new market opportunities, fostering significant change for both our long-standing and new clients, and creating a future characterised by progress and purpose,' said Farouk Mohamed, founder and chairman of Grant Thornton UAE. Farouk will continue to lead Grant Thornton UAE as CEO, ensuring a smooth integration and continuity for clients and employees alike. Grant Thornton UAE is a prominent professional services firm offering audit and assurance, tax, and advisory solutions across a wide range of industries. With nearly 60 years of experience serving both public and private sector clients in the UAE, the firm is recognised for its commitment to quality, innovation, and a client-centric approach. Driven by fresh thinking and diverse perspectives, Grant Thornton UAE takes pride in delivering tailored services that meet the unique needs of each client. As a member of Grant Thornton International Limited, the firm benefits from a global network spanning over 690 offices in 150 markets.
