Sat.Jul 16, 2022 - Fri.Jul 22, 2022

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What Are the Top Three Skills of a CFO?

CFO Simplified

At CFO Simplified, our President Larry Chester receives the same question over and over: “What does it take to become a great CFO?” Or, what about people who don’t themselves want to become a CFO, but perhaps are business owners looking to hire one permanently or on a fractional basis? What are the qualities that you should look for that will help guarantee success in that role to guide you as a senior financial executive in your company?

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Nearly one-third of workers plan to quit: Conference Board

CFO Dive

Many CFOs are raising wages in order to curb near-record attrition in a highly competitive labor market.

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Trending Sources

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What is the Difference Between On-premise and Cloud

Navigator SAP

As more and more businesses follow through on digital transformation projects, they are rethinking their attitudes toward their own IT departments and contemplating what business functions can be hosted in cloud environments. One of those areas being considered for the cloud is enterprise resource planning software (ERP), for example. SAP’s Business One and Business ByDesign are two of the most popular ERP software packages for small-to-medium businesses, allowing users to manage key business fu

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Accounting Solutions For Multi-Location and Multi-Entity Businesses

https://trustedcfosolutions.com/feed/

Multi-location and multi-entity businesses face unique problems when it comes to accounting. Some of the most common issues these businesses face include manual entry errors, decentralized payables, different currencies, inter-entity transactions, and taxation by location and country. As businesses grow, so does the accounting complexity, requiring a customized financial management system.

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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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The Role of Top-Down vs. Bottom-Up Business Budgeting in Modern FP&A

Centage

Business budgeting is a crucial factor with the ability to impact a business’ long-term success or failure. Along with providing important information regarding day-to-day operations, an accurate budget better enables companies to predict revenue, trim costs, and make decisions regarding expenditures and opportunities. Although there are multiple ways to craft a business budget, most companies use one of the following methods: a top-down budget or a bottom-up budget.

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Key Features of Modern ERP Platforms

Navigator SAP

One of the key considerations you must think about when streamlining your business operations is the adoption of an enterprise resource planning (ERP) system. This type of system helps you integrate all your business processes, tools, and resources for more business resilience, productivity, and agility. For you to achieve this objective, you need to choose the right ERP system.

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Say Good-Bye To QuickBooks With Sage Intacct

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QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. It is not a full enterprise resource planning solution. If you struggle to run your business using just QuickBooks and an ERP suite, then it’s time to move on up to Sage Intacct so your business can get real-time insights across multiple enti

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What supply chain leaders must learn from the baby formula shortage

Anaplan

Supply chain leaders must learn from the baby formula shortage A chaotic 2020, packed with unprecedented disruptions, dramatic climate events, and the first major global healthcare crisis in a century, rocked supply chains everywhere. Consumer awareness of the supply chain and how it impacts our communities and daily lives erupted virtually overnight.

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Most accountants suffer burnout: study

CFO Dive

A high level of chronic stress increases the rate of accounting error, prompting many companies to reopen their books after closing to fix mistakes.

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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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How to Evaluate an ERP System

Navigator SAP

An enterprise resource planning (ERP) system is an important component of any forward-thinking organization because it helps to integrate and streamline processes for improved productivity and a better customer experience. With a reliable ERP system like the SAP Business ByDesign enterprise planning solution, you’ll have better control over important processes in your business to ensure that everything progresses smoothly and without delays.

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This Week on TRB

The Reformed Broker

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These were the most read posts on the site this week, in case you missed it: The post This Week on TRB appeared first on The Reformed Broker.

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Zomergasten in het Lab: lectuurtips door Jeroen Delvoie

Corporate Finance Lab

‘[T]heologie in de plaats van seks en geweld. Zware kost’ Ter inspiratie voor onze zomerlectuur vroeg Corporate Finance Lab enkele BJ’s (bekende juristen) en vrienden van het Lab: (1) Welke boeken hebben u als jurist het meest gevormd ? en (2) Welke boeken neemt u straks mee op vakantie of beveelt u aan? Vandaag: Jeroen Delvoie, professor vennootschapsrecht aan de VUB en advocaat.

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Recession likely to begin in first quarter 2023: Fannie Mae

CFO Dive

The Fed will probably succeed in slowing inflation but its withdrawal of stimulus may trigger a recession early next year, economists said.

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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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How ERP Helps in Supply Chain Optimization

Navigator SAP

In the current volatile business environment, supply chain management (SCM) is instrumental in accomplishing business growth. SCM plays a major role in determining your business’s financial stability—or lack of it. Therefore, you need to optimize your SCM by implementing a reliable enterprise resource planning (ERP) system in your business.

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Canary in the Coal Mine

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Shannon Saccocia, and Downtown Josh Brown discuss the Nasdaq bounce, inflation vs spending, good news for the economy, Shannon’s ideas for the second half, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Zomergasten in het Lab: lectuurtips door Steef Bartman

Corporate Finance Lab

‘De rechtenfaculteit was een weldadige mix van uiterst progressieve docenten en traditionalisten.’ Ter inspiratie voor onze zomerlectuur vroeg Corporate Finance Lab enkele BJ’s (bekende juristen) en vrienden van het Lab: (1) Welke boeken hebben u als jurist het meest gevormd ? en (2) Welke boeken neemt u straks mee op vakantie of beveelt u aan?

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Citigroup is actively investing to improve automation, says CFO

CFO Dive

Citigroup marches forward with technology investments as companies rethink their tech spending.

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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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The Tech Effect: a CFO Leadership Council Recap

CFO Leadership

The Tech Effect: a CFO Leadership Council Recap. What’s on the Minds of CFOs as They Face Greater Challenges and a Sea of Digital Transformation Technologies? The Silicon Valley Chapter of the CFO Leadership Council hosted a panel on May 26 around “The Tech Effect: How Finance Can Win the Tech Race.”. The discussion panel featured Annie Wayne, CFO at Liongard, Razzak Jallow, CFO at FloQast, Charly Kevers, CFO at Carta, and was moderated by Tipalti’s VP of Finance, Alex Cedro.

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Optimizing Oil and Gas Data Analytics

Embark With Us

Oil and gas isn't lacking for data. It's swimming in it. And yet some companies are still leaving heaping servings of business intelligence on the data analytics table. So what gives? While we don’t want to paint with an unfairly broad brush and label the entire industry as behind the advanced analytics times, how can some – dare we say many – energy companies still suffer beneath the weight of frequent, often severe information gaps and silos?

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5 Examples of APIs in Banking

FISPAN

The transformation of the digital world is well underway thanks to the use of APIs, but what does this mean for the financial services industry? Read on to see how APIs have helped to build a more accessible and convenient customer experience, and how it has helped with connectivity and integration for financial institutions.

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Confidence among CFOs, accountants falls to record low: survey

CFO Dive

Rising operating costs and persistent supply chain bottlenecks clouded CFOs’ outlook during the three months ending in June.

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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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Top Action Steps to Grow Your Business

CFO Simplified

The economy today looks very different than it did two years ago. Although inventory is still problematic, the economy is heated and inflation is still taking off. So, what can you do? Here are the top action steps to grow your business post-pandemic. Your To-Do List: Grow Your Business. Here are our top ‘to-do’s’ to focus on that will give your business the growth you need.

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A Buyer’s Guide for the Top 10 FP&A Software 2022

The Finance Weekly

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. These cutting-edge tools aid teams in streamlining, automating, and improving the accuracy and efficacy of tactical and strategic initiatives. With providers of all shapes and sizes offering FP&A software, selecting the right platform for your specific needs can be difficult.

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Employee Spotlight: Meet Laura Logan Lane

FISPAN

In this month’s employee spotlight, we’d like to introduce Laura Logan Lane , Senior Sales & Strategy Analyst at FISPAN. Laura joined the FISPAN team in December 2020 after previously working in both Financial Services Consulting and Investment Compliance.

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Loop: Why CFOs must craft strong relationships to foster growth

CFO Dive

Building out strong internal relationships with key individuals is essential for CFOs as their roles continue to transform, said Valerie Bauer Gore, CFO of post-purchase software provider Loop Returns.

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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.