Mon.May 08, 2023

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Making the CFO-to-CEO leap: Velocity Global

CFO Dive

Being inquisitive about the broader business and “not necessarily going in as a CFO all the time” can help finance leaders make the jump to the CEO chair, said Frank Calderoni, CEO of Velocity Global.

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PSA Professional Services Automation Software: What You Need to Know

Navigator SAP

Although the professional services industry is quite lucrative, it’s highly competitive and has its fair share of challenges. Therefore, as you contemplate venturing into this sector, you need to figure out unique ways to gain a competitive advantage over your competitors. One of the easiest ways to ensure your company achieves more every day and remains competitive is to automate your professional services.

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Trending Sources

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Entrepreneurial mindset drives growth: ex-Poshmark CFO

CFO Dive

When it comes to growing a business of any kind, thinking like a founder is key, regardless if you are one or not, former Poshmark CFO Kapil Agrawal said.

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“Glass Half-Empty” Investors

Barry Ritholtz

There’s an old joke about a hypochondriac who is constantly complaining to his doctor about his many numerous, mysterious ailments. The Doc runs a full battery of tests, and delivers the bad news to the patient: “ Unfortunately, everything is okay… ” And that seems to be the same way many of today’s glass half-empty investors are digesting information about the markets.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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Vendavo CFO: how to solve price puzzles

CFO Dive

Vendavo’s Dayton Kellenberger said technology has accelerated how quickly price-volume-mix analyses can be completed, enabling CFOs to make adjustments in real-time.

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More Trending

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Banks expect to tighten credit throughout 2023: Fed

CFO Dive

A pullback in bank credit that began in 2022 has accelerated since a flare-up in financial sector instability started in March.

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Presenting to the Board – A Nonprofit CFO’s Perspective

Centage

with Susan C. Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible. You are a master of your companyʼsʼ financial data – and there is so much of it to manage.

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3 keys for superior supply chain finance

CFO Dive

The SCF innovations every CFO should look for to optimize cash flow and strengthen supply chains.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • How Sam Bankman-Fried Peddled a Story Everyone Wanted to Believe : In an excerpt from his upcoming book, Axios’s Brady Dale explores “what we think we know” about Sam Bankman-Fried, FTX, and the crypto industry. ( Institutional Investor ) • Where to Invest in Real Estate Now : Four experts offer timely ideas on where — and whether — to invest in this messy market. ( Bloomberg ) • 2023 World Changing Ideas Awards : Fast Company’s annual World Changing Id

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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3 tips for CFOs to help their business attain its full potential

CFO Dive

Today's CFOs must be prepared to confidently navigate these shifting tides with adaptability and resilience.

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Government mulls new framework to put IBC cases on fast track

CFO News

The details will be finalised after broader stakeholder consultations. "The government has studied the best practices of several jurisdictions and a similar, if not the same, insolvency mechanism is followed in the UK," said an official aware of details. "Various aspects and structures of the planned framework are being examined and a final decision would be taken in due course.

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Overview Comparison of RISE with SAP and SAP GROW

Bramasol

In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth. RISE with SAP and SAP GROW are two distinct offerings that serve different purposes as outlined below. RISE with SAP Overview: First introduced in Q1 2021, RISE with SAP is a bundle of services that aims to help businesses migrate to the cloud and transform their operations.

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Offering Tax Preparation As A Solo Advisor: How To Attain Designations And Create A Schedule By Next Tax Season

Nerd's Eye View

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Besides the fact that many financial advisors don’t hold the necessary credentials (e.g., CPA, EA, or JD) to prepare tax returns and represent clients before the IRS, there has also been the impression that there is simply not enough time for one person to do both.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Why more Indian startups are hiring CFOs? Razorpay, Xpressbeez and Shiprocket CFOs weigh in

CFO News

Startups are hiring CFOs for financial prudence, compliance and cost optimisation as they face a funding drought and investor demands.

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Best Business Credit Cards for Real Estate Investors

Business Credit Blogger

Best Business Credit Cards for Real Estate Investors What are the best business credit cards for real estate investors? In today’s post we’ll unpack how business credit cards can help you operate your real estate business more efficiently and effectively. One powerful way to use business credit cards as a real estate investor is to […] The post Best Business Credit Cards for Real Estate Investors appeared first on Business Credit.

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VIP Industries elevates CFO Neetu Kashiramka as Executive Director

CFO News

Neetu Kashiramka was appointed CFO of VIP Industries in April 2020, her term as CFO is also extended for a period of five years.

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Becky Todd's Personal Story About Diversity, Equity, and Inclusion Conveys Why it Matters

CFO Selections

Diversity, Equity, and Inclusion mean many things to people. For me, it has a personal meaning that goes beyond the workplace. When you see me , you see my Norwegian Mother, but you don't see my story and how I came to see how bias can profoundly affect a person's ability to pursue a better life for themselves and their families. I don't share many personal details on social media and am careful with what I put out in the world.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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India Inc's net profit growth in Q4 Slowest of 11 Quarters

CFO News

Corporate earnings have taken a beating from a slowdown in revenue growth and a sharp rise in interest expenses.

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When the Metrics Signal It’s Time to Derisk | Aneal Vallurupalli, CFO, Airbase

CFO Thought Leader

Watch as CFO Aneal Vallurupalli reflects on an earlier career chapter when he was tasked with prioritizing hiring and assessing the state of the business at a prior company. At the time team the company’s metrics were aligning well and Vallurupalli suggested to the co-founder that they should raise funds. Despite the co-founder’s initial reluctance, Vallurupalli convinced them to do so.

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Banks remain clear outperformers; FMCG, auto good bets: Deven Choksey

CFO News

Corporate and retail lending have boosted the growth of most banks, with a 20% growth in loan books making them outperformers. Despite rising interest rates and subdued auto ancillaries, banks have maintained their CASA ratio with deposits keeping the liability side comfortable with higher NIMs. The second key takeaway of the earning season is that commodity-consuming companies in food and industry sectors have benefited from declining commodity costs, promoting higher consumption and performanc

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AI investment to see rise as ChatGPT raises executive awareness

Future CFO

AI investment is set to see an increase as ChatGPT publicity has prompted organisations to take a closer look at the technology. According to a recent Gartner poll of more than 2,544 executive leaders, 45% reported that the publicity of ChatGPT has prompted them to increase AI investments. In addition, 70% of executives said that their organisations are in investigation and exploration mode with generative AI, while 19% are in pilot or production mode.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Metro CEO may not join Reliance Retail after merger

CFO News

Mediratta is expected to continue until the merger, which is likely to be completed in around a week. While Mediratta was unavailable to comment, a Metro Cash & Carry India spokesperson said, “We do not comment on speculation.

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#252 – Fed Support and Bank Failures

Strategic Treasurer

Episode 252 Fed Support and Bank Failures Recent trauma in the financial sector brought down a $200B US bank in short order, with over $40B being pulled out on a single Thursday. Other banks have either failed or been rescued by the Fed and trillion-dollar banks. The pain is experienced well beyond the US too, with the forced marriage of two systemically important Swiss banks following SVB’s failure.

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Fitch retains India's rating at 'BBB-' as growth potential fights high deficit concerns

CFO News

Fitch Ratings has kept India's long-term foreign-currency issuer default rating (IDR) at 'BBB-' with a Stable outlook, citing a robust growth outlook and reducing pressure on core inflation in the country. However, the country's weak public finances and high deficits cause concerns and offset the positives. Fitch expects India to be one of the fastest-growing Fitch-rated sovereigns globally, supported by resilient investment prospects.

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Nonprofit Fundraising Strategies to Consider

The Charity CFO

What nonprofit fundraising strategies are you using to keep your organization healthy? As nonprofit organizations rely heavily on donations to support their operations, programs and missions, fundraising is an essential component to their continued success. Organizations must be strategic and thoughtful in their fundraising efforts. Here we’ll explore some nonprofit fundraising strategies to effectively raise money for your organization.

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.