Sat.Oct 19, 2019 - Fri.Oct 25, 2019

article thumbnail

5 Tips for High Quality Finance Forecasting

Jedox Finance

A high-quality business forecast delivers far more than just numbers. Done well, it provides a road map for concrete recommendations to drive the business forward. It provides valuable information on what still needs to be done by whom in order to achieve the budget goals set. Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning.

article thumbnail

Cohort Analysis Explained for Your SaaS Business

The SaaS CFO

We all know that churn and retention are critical concepts to understand in SaaS. As customers churn each month, we track logo and dollar counts in our churn and retention reports. And we document the reasons why. This is an aggregate view of retention. Let me introduce SaaS cohort analysis. Cohort analysis is an analytical […]. The post Cohort Analysis Explained for Your SaaS Business appeared first on The SaaS CFO.

CFO 63
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How finance could overcome RPA’s limitations

Future CFO

While RPA could save 25,000 work hours of per year at a cost of US$878,000 for an organization with 40 full-time accounting staffers according to Gartner, there’re roadblocks to the technology’s adoption. The top three roadblocks include a hesitancy to remove human judgment from the process, perception of low ROI, and process standardization delays before implementation, the advisory firm pointed out.

Finance 52
article thumbnail

The Sooner You Know Your Company’s Net Worth The Better

KG Virtual CFO

Why the balance sheet is the key to knowing your company’s health and value You want to scale and optimize your small business which means you must always know it’s value. The health and value of your business are quantifiable by maintaining a monthly or quarterly balance sheet. The balance sheet goes beyond your financial plan or profit and loss statement to determining your financial position.

article thumbnail

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.

article thumbnail

Are Consumers Maxed Out On Subscription Commerce?

PYMNTS

There is only so much time in a day to watch programming and only so much monthly budget to devote to food delivery services. Has the subscription commerce market reached saturation? The real question may be which of the many current and planned subscription services will come out on top. Last week, Netflix released earnings that were fairly positive.

B2C 55

More Trending

article thumbnail

World Economic Outlook

Future CFO

IMF has downgraded global growth once again. . Growth continues to be weakened by rising trade barriers and increasing geopolitical tensions, the lender said in its recently released economic outlook. Download The post World Economic Outlook appeared first on FutureCFO.

article thumbnail

Nearly two-third of banks might struggle to survive the next downturn

Future CFO

Nearly 60% of the banks in the world might struggle to survive an economic downturn, said McKinsey & Company in its latest global banking review. "A decade on from the global financial crisis, signs that the banking industry has entered the late phase of the economic cycle are clear: growth in volumes and top-line revenues is slowing, with loan growth of just 4% in 2018 —the lowest in the past five years and a good 150 basis points (bps) below nominal GDP growth," McKinsey noted.

Banking 52
article thumbnail

Study: Female CFOs roll in more money

Future CFO

This is good news to female finance executives who aspire to become CFOs and female CFOs who might want to ask for better remuneration. According to an S&P Global study titled When Women Lead, Firms Win , companies—when comparing performance under male predecessors—saw a 6% growth in profits and 8% better stock return within the first 24 months of appointing female executives for the CFO post.

article thumbnail

Mastercard Institutes Criteria For Data Privacy

PYMNTS

Mastercard is introducing a Data Responsibility Imperative to spark a conversation with other companies about data security, Mastercard said in a press release on Oct. 24. Mastercard wants organizations to work together to heighten privacy and fend off cyberattacks. The initiative depends on coming up with fundamentals to direct how data is used. It is based on the premise that businesses have a responsibility when it comes to data management. .

article thumbnail

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.

article thumbnail

How FinTechs Enable Split-Tender Transactions With Loyalty Points

PYMNTS

FinTech firms are keeping a pulse on how merchants retain their customers — and how they can help them with those strategies through technology. One of the ways organizations such as airlines keep customers returning, Modo CPO Ryan Lee told PYMNTS in an interview, is through a robust loyalty program. However, making loyalty a currency or allowing it to be a method of tender, he said, “is quite complicated.

article thumbnail

Ten Years Of Payments Innovation And Reinvention

PYMNTS

The mood in the air at the start of the 2010s was different from the one that preceded the start of the 2000s. The shift from 1999 to 2000 was (mostly) a joyous and cheerful environment. Sure, there was a slight lingering concern that a glitch in how the world’s PCs were programmed might accidentally bring on the tech-pocalypse affectionately referred to as Y2K.

B2C 52
article thumbnail

Mastercard To Host SMB Summit For Women Entrepreneurs

PYMNTS

Mastercard is celebrating National Women’s Small Business Month by gathering it’s Women’s Business Advisory Council for a retreat and launching its first ever Small Business Summit in New York City. “Small Businesses are the heart of the nation. During a month where our attention turns to them, we are continuing to drive a dialogue with women entrepreneurs from across the country to better understand their needs and challenges and ensure that we are advocating for them through action,” Cheryl Gu

article thumbnail

How Digital Tech And Payments Are Making The World Better

PYMNTS

Mastercard is doing its part to make instant payments available to more workers, and IKEA is working to bring the gig economy closer to home. Mortgages are getting cheaper thanks to data, while protections against ID theft are being extended to some of the most vulnerable consumers. Amid all of that, payments is bringing more adventure to travel.

B2B 49
article thumbnail

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.

article thumbnail

Uber Eats Rolls Out Pickup Feature Nationwide

PYMNTS

Uber Eats announced that it has launched a new pickup feature nationwide. The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. 18). The company’s rivals — DoorDash, Grubhub and Postmates — already offer a pickup service to their customers. “This gives eaters more flexibility in how they access food and provides them the option to order through Uber Eats and collect the food themselves,” Elspeth Rollert, Uber Eats

article thumbnail

Western Union Broadens Real-Time International Payments To India

PYMNTS

Cross-border payments firm Western Union is advancing real-time money transfers to customers in India, the company said in a press release on Friday (Oct. 25). Western Union was the first money transfer company to use Unified Payments Interface (UPI), a solution developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines.

article thumbnail

Crowdshipping May Be The Next Sharing Economy Frontier

PYMNTS

From swimming pools to parking spots to storage spaces , there are no goods or services that can’t be adapted to the sharing economy. One of the latest retail-related trends is “crowdshipping,” i.e. crowdsourced delivery. That’s exactly the business model of Roadie , Rappi, Shipit and other startups founded on the principle of using people rather than large corporations to aid in the critical last mile of delivery.

article thumbnail

Trending: Mobile Order-Ahead Takes The Field

PYMNTS

New complexities and frictions are emerging every day as the mobile order-ahead industry continues to grow. One of the hotter flashpoints of the scene pits in-house ordering apps up against third-party ordering platforms. Which side QSRs pick in this battle typically comes down to size. Many large chains that can hold their own have sworn off third-party ordering entirely, while smaller chains tend to embrace as many third-party apps as they can for greater exposure.

article thumbnail

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.

article thumbnail

Why Merchant Services Are Key To Small FI Deposit Growth

PYMNTS

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. But merchant services programs can offer a way for those smaller FIs to gain and retain an edge – assuming, of course, it’s all done right.

Banking 46
article thumbnail

What It Takes To Outsmart Fraudsters In Emerging Markets

PYMNTS

We might all be in the middle of one of the greatest — and most vital — cat-and-mouse games of all time. That’s the sense one gets when considering efforts to prevent fraudsters from exploiting digital payments and commerce, efforts taking on more importance as the global economy continues to grow — and which keep getting smarter, thanks to machine learning and artificial intelligence (AI) tools.

article thumbnail

Retail Pulse: Sobeys Tests Intelligent Shopping Cart; Amazon Expands Counter Service

PYMNTS

Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. Canadian food retailer Sobeys , for instance, is bringing the technology to grocery stores with the rollout of the Sobeys Smart Cart, which will offer shoppers a “highly engaging, fun and fast way to shop,” per an announcement.

Retail 45
article thumbnail

Bitcoin Daily: Moon Browser Allows Use Of Bitcoin For Amazon Purchases; Bitcoin Price Swings Could Make A Comeback

PYMNTS

New York-based startup Moon will allow customers to pay for their Amazon purchases with bitcoin via the Lightning Network, bitcoin, Litecoin or Ether. “We believe that cryptocurrency is the future of money. Our team is building the technologies to bring this future to fruition. We are engineers, builders and enthusiasts who love bitcoin and the change it will bring to the world.

article thumbnail

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

article thumbnail

New Nordstrom Location To Deliver Food And Drink To Shoppers

PYMNTS

Nordstrom NYC, which is scheduled to open on Oct. 24, will offer several different food and beverage locations in the store, as well as the ability for shoppers to order food and have it delivered to them while they shop. The store has seven floors and is Nordstrom ’s biggest location ever. Bloomberg is reporting that the new store will have a bevy of innovative options intended to entice customers into spending more time shopping.

Retail 45
article thumbnail

Visa Partners With Revolut To Introduce Multi-Currency Debit Card

PYMNTS

London-based FinTech firm Revolut partnered with Visa to roll out a multi-currency travel debit card in Singapore, Visa said in a press release on Wednesday (Oct. 23). . The new card offers users the ability to spend overseas in over 150 currencies at the real exchange rate and without hidden fees. . A YouGov survey commissioned by Visa showed that people in Singapore are open to the idea of using neobanks and want a debit product.

article thumbnail

Mastercard Expands Biller Roster To Enable Real-Time Bill Pay

PYMNTS

Mastercard announced that it is rolling out Mastercard Bill Pay Exchange with the help of several new partners, including ConEd, Avidia Bank, Aliaswire Inc., OSG Billing Services and Transactis. The new offering will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, mortgage and other bills without the hassle of having to set up different accounts, track multiple passwords, and log in to multiple websites.

article thumbnail

What The World Can Learn From New Zealand FinTech

PYMNTS

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out in the 2020s. And that’s why PYMNTS recently caught up with Steve Wiggins, the chief executive of payment governance organization Payments NZ , and Serge van Dam , a venture capitalist focused on FinTech in that country, to get a better idea of what’s going o

Banking 44
article thumbnail

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.