{"id":83119,"date":"2021-04-14t11:00:58","date_gmt":"2021-04-14t15:00:58","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=83119"},"modified":"2022-06-26t23:51:10","modified_gmt":"2022-06-27t03:51:10","slug":"most-smbs-see-full-recovery-by-year-end","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/04\/14\/most-smbs-see-full-recovery-by-year-end\/","title":{"rendered":"survey: full recovery by year-end?"},"content":{"rendered":"

sage study finds nearly three-quarters of u.s. small and midsize businesses expect to see pre-pandemic revenue levels by end of the year.<\/strong><\/p>\n

\"sage<\/a>
sage survey:<\/strong> pandemic prompts innovation<\/figcaption><\/figure>\n

by 卡塔尔世界杯常规比赛时间<\/em><\/p>\n

u.s. businesses are becoming increasingly confident they will return to pre-pandemic revenue levels by the end of 2021, according to a new survey by sage, a market leader in cloud business management software.<\/p>\n

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\"nancy
harris<\/figcaption><\/figure>\n

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\u201cit\u2019s no surprise the covid-19 pandemic disproportionately affected small and midsize businesses, along with their employees and customers. as we faced unique challenges at home and work, businesses saw great success implementing new programs, offering flexible work arrangements, and prioritizing commitment to the communities in which they operate,\u201d says nancy harris, evp and managing director, sage north america. \u201cas the world begins to reopen, it is critical that these key learnings from the last year are not lost, and that organizations continue to leverage creativity and technology to foster stronger relationships with employees, customers, and prospects for continued growth.\u201d<\/p>\n

based on a poll of more than 1,000 corporate finance leaders across american small and midsize businesses, the study also indicates that many intend to keep the new business strategies implemented during the pandemic.<\/p>\n

while only 30% of finance leaders expect to see revenue reach or exceed pre-pandemic levels by the end of june 2021, 73% expect to achieve this mark by the end of this year. and 56%expect vaccine rollout efforts to positively impact their business by october.<\/p>\n

pandemic significantly accelerates digital transformation efforts<\/strong><\/p>\n

to adapt to the needs created by national lockdowns, 52% of those surveyed say they accelerated digital transformation plans by three years or more. when asked which areas were prioritized in digitization efforts, accounting\/finance 45% was the most popular, followed by marketing 31% and customer relationship management, 26%.<\/p>\n

download the complete report here<\/a><\/span>.<\/p><\/blockquote>\n

\"with
sage survey:<\/strong> with 18% already at or above pre-pandemic revenue levels, when do the rest expect to get there?<\/figcaption><\/figure>\n

when looking at what technology proved to be the most valuable over the last year, 27% of businesses say cloud accounting software was a \u201csaving grace\u201d solution, providing finance teams with complete visibility, remote access to real-time data, improved efficiencies, better decision making, and seamless cash-flow management. businesses clearly see the value in cloud-based financial software, with nine in ten businesses surveyed using or planning to invest in these systems in 2021.<\/p>\n

the confidence shown by many businesses reflects success in implementing new policies and strategies over the past year. about 32% acknowledge trying social media advertising for the first time, while 23% hired employees completely digitally for the first time. interestingly, 27% of businesses said they implemented non-traditional hr policies \u2013 such as childcare stipends or flexible work arrangements \u2013 for the first time over the course of the pandemic. in what could reflect a burgeoning trend in u.s. businesses, only 13% of respondents intend to reduce budgets for these policies this year.<\/p>\n

additional highlighted findings from the survey report include:<\/strong><\/p>\n