May, 2023

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Why are CFOs most in-demand in startups now?

CFO News

Small or big , established or startups, the gradual emergence of CFOs as viable resources capable of gaining the trust of VCs and PEs is gaining traction. It's no longer a voluntary appointment for CEOs and top management, it's going towards a stage of "must have" for the start-ups going by the trends.

Startups 105
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PodChats for FutureCFO: The continuing transformation of finance reporting

Future CFO

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% in 2023 while Europe and the U.S. will likely face recession. But Asia, being a supplier to the world, will likely not be totally out of the woods. Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports.

Finance 98
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Trending Sources

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Accounts payable shouldn’t be a cost center

CFO Dive

CFOs are under growing pressure to drive efficiencies at zero cost. Leveraging intelligent automation to process invoices can help, Steven Cronin writes.

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A Timeline Of Financial Markets

Barry Ritholtz

I have been a reader of Jamie Catherwood’s Investor Amnesia since it launched. It is always filled with interesting reminders from the past. Investor Amnesia is a wonderful reminder that we tend to forget that which came before. Ray Dalio put it even more starkly, noting that nothing is truly unprecedented , and we tend to use that word to refer to those things we have not experienced in our lifetimes.

Marketing 124
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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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Make a value case for ESG, rather than business ones, say CFOs

CFO News

Financial leaders need to focus on long-term sustainability and incorporate environmental, social and governance factors into their businesses, senior finance executives said at an ETCFO panel discussion.

Finance 119

More Trending

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Ex-fabric CFO accused of losing $35M in crypto crash

CFO Dive

The former CFO is charged with investing the funds without permission into his own crypto venture before losing them during the market’s crash, according to a federal indictment.

CFO 258
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Prudential PLC CFO resigns amid recruiting conduct probe

CFO Dive

The Hong Kong, China-based insurer said its CFO “fell short” of the high standards that Prudential PLC sets and expects all of its colleagues to adhere to.

CFO 221
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The Greatest Wealth Transfer in History Is Here

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Einhorn, Burry, Buffett – David Einhorn and Michael Burry were buying regional banks in Q1. ►Positive Surprises – “This will upset a lot of gloom and doomers, but oh well” ►Wealth Transfer &#8.

Finance 116
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Software Evaluation: Time to Reframe How You Evaluate

Navigator SAP

Indirectly, ChatGPT helps us answer the question: What’s the best software solution? ChatGPT doesn’t give us the answer directly, but its inadequacy with such questions hints at how we should be looking at software evaluation. Much of the business community is currently looking at ChatGPT and thinking about both how it will change the world, and how it will change their business.

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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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Want More Jobs? Raise the Minimum Wage

Barry Ritholtz

I have been writing about issues with the minimum wage for (it seems like) decades. During that time, consuming lots of academic research, I reached a few logically supported conclusions. The least contentious of which is that modest increases in minimum wages increase economic activity and create jobs. But there are other surprises around the minimum wage.

Economics 145
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J&K Bank auditors raise red flags in FY23 accounts over employee stock transaction

CFO News

The J&K Bank’s auditors said its employees availed loans from the bank to purchase the shares, but that was in violation of the Reserve Bank of India’s directions.

Banking 111
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Spring Cleaning: Your Mid-Year Budget Review Checklist

Centage

If you’ve noticed that prices at the grocery store are higher than usual these days, then you’re not alone. However, the current economic crisis isn’t just affecting families shopping for groceries and other goods. It’s also impacting businesses, with companies of all sizes struggling to achieve their goals without breaking the bank. Fortunately, there are steps you can take to keep your business moving forward regardless of market changes.

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PwC, KPMG China audits are flawed: PCAOB

CFO Dive

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

Auditing 282
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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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120,000

The Reformed Broker

Just wanted to take a moment to recognize the incredible work my media and research teams have been doing to propel The Compound channel past 120,000 subscribers this month. And that 120k is just a fragment of the audience because almost everything we do on video is also on the audio podcast channels too. For those who are new to what we’re doing at the Compound YouTube channel each week, below is the schedule of w.

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FDA and GxP Validation for SAP Business ByDesign ERP

Navigator SAP

Following good manufacturing practice (GMP) guidelines help businesses run more efficiently and ensure that product quality and consistency are maintained. Life sciences businesses such as pharmaceutical makers and medical device manufacturers not only benefit from GMP adherence but they also are required to follow it according to FDA regulations. The processes that life sciences businesses follow must be validated in line with FDA regulations 21 CFR.

SAP 212
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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning NFP train WFH reads: • Warren Buffett’s Formula for Success: One Good Decision Every Five Years : Berkshire Hathaway has obliterated the market in his 58 years at the company. He credits roughly 12 decisions. ( Wall Street Journal ) see also The 10 Greatest US Investors and the Virtues That Made Them : There can be few fields of human endeavor in which history counts for so little as in the world of finance.

Valuation 143
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Value creation, innovation and digitalisation integral in CFO's life: CFOs

CFO News

Industry stalwarts discussed how digitalisation is the top focus of CFOs today and how it, clubbed with innovation and value creation is integral in a CFOs life. They further discussed how technology is not just an enabler today, but goes beyond it and has become a survival factor for all companies today, as all industry today is a tech industry.

CFO 105
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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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Average Cost of Service and Economies of Scale

The SaaS CFO

Average Cost of Service (ACS) is an important but obscure SaaS metric for SaaS finance. I reference this metric when speaking with SaaS founders and finance teams about the balance between their cost structure and pricing plans. It’s also a component of my SaaS Scalability Index (SSI). Average cost of service helps us determine if […] The post Average Cost of Service and Economies of Scale appeared first on The SaaS CFO.

CFO 98
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Ransomware claims jump back up

CFO Dive

Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

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JPMorgan Steals First Republic!

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Uber Earnings – “Based on data from Bloomberg, 262 companies in the $spx have reported, sales growth in 1Q is 4% and earnings growth is -2.69%” ►Cap Weighted Rules – “It’s rare for t.

Finance 125
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#251 – Fraud in a Changing Treasury Landscape Episode 2: Do You Know Who Is Accessing Your Banking Information?

Strategic Treasurer

Episode 251 Fraud in a Changing Treasury Landscape Episode 2: Do You Know Who Is Accessing Your Banking Information? Criminals are always looking for the path of least resistance. When your company strengthens its defenses, new weak links are found and explored. In this episode, Craig Jeffery and Omri Kletter continue the discussion on some of the key findings that came out of the Treasury Fraud & Controls 2023 Survey.

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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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Press Pause

Barry Ritholtz

At least they told us what they were going to do. As much as critics of the Federal Reserve have been up in arms over the fastest rate hiking cycle in modern history, no one can claim it to be a surprise. Jerome Powell & Co. have continually warned that they are aggressively fighting inflation with a 5% target. They said it in Fed minutes, they said it in pressers, they said it in speeches; we just took them figuratively, not literally.

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Startup CFOs focus on profitability amid funding winter, valuations to get more realistic

CFO News

The finance veterans highlighted that the funding winter for Indian startups will last at least for six to nine months more, and the investment crisis has normalised the valuation of startups.

Valuation 105
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Level Up Your Corporate Finance Team with ERP Banking

FISPAN

In today's fast-paced business environment, it's crucial for companies to utilize the skills of their teams effectively. Aligning team members in the right way not only saves time and money, but also helps organizations reach their goals. Enterprise Resource Planning (ERP) Banking has become a critical tool in this effort.

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AI boosts productivity 14%: NBER case study

CFO Dive

Generative AI improved customer service at a Fortune 500 company by prompting less experienced staff to adopt the best practices of their most talented co-workers.

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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.