Pinion Insights: Posts from category

Manufacturing

Case Study: Combining Complex Functions with One Simple Tool

By Pinion Editorial | April 17, 2023
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Reading Time: 3 minutes
Acme Foundry, based in Coffeyville, Kansas, recently needed a new accounting and payroll platform to support their 350-person team. Their existing payroll system was manual, time-intensive and limiting in what it could accomplish. It also happened to be sunsetting, which provided the opportunity for a new HR solution that could …

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How the Holidays Can Shape Your Family Legacy

The Risks of Letting Your Legacy Ride: How Estate Planning Protects the Family

By Pinion Editorial | March 3, 2023
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Reading Time: 3 minutes
With planting season right on our heels, you may be eager to get your spring crops in the ground. But before you get too busy, we encourage you to consider your estate plan and whether you have loose strings to tie up before the busyness of spring planting begins. “One …

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Cyber Attack

How Vulnerable Is Your Business to a Cyber Attack?

By Melissa DeDonder | March 1, 2023
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Reading Time: 2 minutes
In light of the recent cyberattack that shut down Dole’s North American production, businesses are reminded once again of the importance of cybersecurity and keeping operations secure. “While we typically only see large operations make the headlines after a cyberattack, it’s really important to understand that hackers will penetrate and …

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How Producers Play a Role in 2030 Biodiversity Targets

By Pinion Editorial | February 22, 2023
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Reading Time: 2 minutes
In December 2022, the 15th Conference of the Parties (COP15) to the United Nations Convention on Biological Diversity was held in Montréal with a focus on protecting nature and halting biodiversity loss around the world. As a result, delegates agreed to the landmark Kunming-Montréal Global Biodiversity Framework. Targets and Goals In …

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R&D tax credit

R&D Tax Credit Changes for 2022 Tax Year

By Pinion Editorial | February 8, 2023
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Reading Time: 2 minutes
As a reminder, the 2022 tax season represents a drastic change for manufacturers who typically take research and development (R&D) tax credits. Previously, in respect to Research and Development expenses, manufacturers could either: 1) deduct the expenses in the year incurred and take a reduced credit or 2) capitalize the …

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strategic planning

Strategic Planning for 2023: Flexibility and Purpose are Key

By Pinion Editorial | December 21, 2022
Reading Time: 2 minutes
Foreseeable business trends for 2023 are set to center around accelerated digital transformation, inflation, supply chain security, continued talent challenges, and sustainability – to name a few. “As we’ve learned in the recent past, the future is anything but predictable. This makes it extremely important to stop ‘guessing’ and instead, …

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