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Employee Spotlight: Gary Cage

November 5, 2020

Gary Cage

Gary Cage joined ScottMadden as a summer intern in 2015 and as a full-time associate in 2016. Today, as a senior associate, he serves as the coordinator for the human capital management community of practice and as an active member of the supply chain community of practice. Like most at ScottMadden, Gary greatly enjoys the annual firm meeting and recently participated on the 2020 planning committee. Gary holds a B.S. in Business Administration and Management and an M.B.A. from Emory University.


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Finance Shared Services Benchmark Highlights

October 26, 2020

ScottMadden has joined forces with American Productivity & Quality Center (APQC), a benchmarking and best practices research organization, to conduct the fifth cycle of the Finance Shared Services Benchmarking Study. This study covers both trends and benchmarks, and is focused on the shared services delivery model. Topics covered include the delivery model, staffing and performance, technology, and scope of services. Download the highlights here.

Protected: HR Healthcare Digital 2020

October 19, 2020

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Mining Bitcoin with Nuclear Power

October 15, 2020

Uses for Surplus Power and Diversifying Revenue

Cryptocurrency mining is profitable when the cost of the primary production resource needed to mine it is low. Electricity accounts for upwards of 80% of total O&M spending in a typical-mining operation. For this reason, bitcoin miners circle the globe searching for $0.06/kWh. How much more appealing would the cryptocurrency mining business be if the power was acquired at cost?


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Shared Services in a Virtual World – What’s Working and What Are the Challenges?

September 30, 2020

ScottMadden polled attendees at the Shared Services and Outsourcing Network’s (SSON) SSOW Live Conference 2020 on the topic of virtual work. We have heard many success stories from our clients and other practitioners about how their shared services organizations (SSOs) were able to quickly transition to a virtual model when the global pandemic hit. In many cases, the nimbleness and efficiency of the organizations have allowed them to play crucial roles in supporting their business during these challenging times. Conversely, some who were not well prepared have struggled. The data from our poll highlight these successes and challenges and show how the pandemic will likely have a lasting effect on shared services models.


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Atlantic Coast Pipeline Closure and Dominion Energy Divestiture Highlight Impact of Environmental Factors on Utilities

September 21, 2020

Introduction

Duke Energy and Dominion Energy recently cancelled their Atlantic Coast Pipeline (ACP) project, a natural gas pipeline planned to traverse West Virginia, Virginia, and North Carolina. Dominion coupled this announcement with another that it would be divesting its natural gas transmission and storage segment.


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How Can Supply Chains Prepare for the “Next Normal”?

August 19, 2020

COVID-19 Drives Changes across Industries that Require Updates to Supply Chain Strategies

Introduction

Who could have guessed on January 1, 2020, what the remainder of the year would hold? Personal protective equipment (PPE) is now critical for most operations, and risk management and transparency within the supply chain is more important than ever. We are learning how to be productive while working from home (WFH) and creating new safety and social distancing practices for people who must come to work.


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15 States Sign Joint Commitment to Accelerate the Deployment of Medium- and Heavy-Duty Vehicles

August 19, 2020

Light-duty consumer vehicles often own the spotlight in the world of electric vehicles. Now, 15 states have put their focus on accelerating the market for electric medium- and heavy-duty vehicles by signing a memorandum of understanding. See how utilities can prepare as the MOU signees develop an action plan within the next six months.


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Protected: Shared Services and Outsourcing Week Digital 2020

August 13, 2020

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Reimagining the Finance Service Delivery Model

July 29, 2020

Q&A with Brad DeMent and Trey Robinson

In this follow-up to our workshop presented at the Shared Services and Outsourcing Network’s digital Shared Services for Finance and Accounting conference, experts Brad DeMent and Trey Robinson go deeper with insights, tips, and recommendations on how to lean into the finance delivery model during COVID-19 and beyond.


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Welcome to ScottMadden!

Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.