With every market high comes the inevitable fall, where oil markets see the price per barrel plummet or banks decide they are too big to fail. The economy has been on an upswing throughout the last decade, with some turbulence seen only in the energy industry. With an extended bull market like the one we are experiencing today, it can be easy to forget about the rough days during the financial crisis in 2008. For the oil industry, it has only been a few years since the last downturn. Still, market results have been largely positive. We are excited to celebrate the success of so many clients throughout this incredible bull market. While we hope this run never ends, we are not naïve to the inevitability of the next market fall. Here at Rand Group, we have been hard at work to ensure our clients are equipped to succeed in the face of an extended bear market.
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Power Automate, previously known as Microsoft Flow, turns mundane activities into efficient and automated business processes. This powerful tool has many capabilities such as document approval, data entry automation, and lead entry generation. Automating repetitive tasks into multistep flows helps to meet current and future business needs. With more than 220 services and apps available for connection, Power Automate can help businesses manage data in the cloud or on-premises, in sources such as SharePoint and Microsoft SQL Server. Power Automate can be used to automate flows between your favorite applications and services, sync files, receive notifications, collect data, and much more. Below are three examples of how Power Automate can easily add to the value of your company’s software.