Trending Articles

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Live Nation confirms Ticketmaster data breach after proposed class action

CFO Dive

The breach, which reportedly exposed the personal data of more than 500 million consumers to the “dark web,” was the direct result of poor cybersecurity measures, the lawsuit alleges.

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Freelancing Boom Goes Global

Global Finance

Use of freelancers of all types, even temporary CFOs, has mushroomed in the last five years. Here’s why more employers around the world are moving away from the full-time staff model. The surging numbers tell the story. A major hiring shift is transforming how businesses find and utilize talent and how that talent finds and establishes relationships with companies that need its skills.

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‘Worst’ yet to come for commercial real estate: Conference Board

CFO Dive

Many banks have pursued a policy of “extend and pretend” to avoid writing off troubled commercial real estate loans, according to a Conference Board economist.

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Discover ERP Accelerator Packages for Financials & Project Management

Navigator SAP

Enterprise resource planning solutions (ERP) come with sophisticated tools for financials and project management. The trick is putting an ERP solution in place within a company since ERP is company-wide software that has a reputation for complexity. ERP acceleration packages can help businesses get there quickly, though.

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Live Demo: How to Achieve Reconciliation Zen

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

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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How You Measure Your Business Matters

VCFO

Measure Your Business in a Manner That Matters Measure twice, cut once is an adage that’s been cited for centuries. Its literal meaning is to verify the accuracy of measurements before making cuts so that time, material, and effort are not wasted. Its figurative meaning is to plan and prepare appropriately before acting. Both meanings hold absolutely important applications for business.

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InsuranceDekho in talks to acquire credit marketplace BankSathi: sources

CFO News

Insurance marketplace InsuranceDekho, backed by investors like TVS Capital and Goldman Sachs Asset Management, will acquire a majority stake in BankSathi, which is a distributor of credit cards and personal loans, two people in the know said.

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Ford Taps EV Specialist As Future CFO

Global Finance

Ford Motor, one of the pillars of the US auto industry, has mined the electric vehicle subsector for its next CFO. Sherry House, 52, who becomes Ford’s vice president of finance on June 3, joins from Lucid Motors, where she spent three years helping to deploy its first luxury electric vehicle. John Lawler, Ford’s current CFO, who has been promoted to vice chair, will chaperone House in transitioning to the CFO role in 2025.

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MiB: Jeffrey Sherman, DoubleLine Deputy CIO

Barry Ritholtz

This week, we speak with Jeffrey Sherman , deputy chief investment officer at DoubleLine Capital. Sherman oversees and administers DoubleLine’s investment management subcommittee; serves as lead portfolio manager for multisector and derivative-based strategies; and is a member of the firm’s executive management and fixed-income asset allocation committees.

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The Guide to Buying or Selling a Business: Understanding What Kind of Finance and Accounting Support You Need to Get the Price You Want

CFO Selections

Originally published: 8/14/17 Updated: 5/24/24 Preparation and expert guidance are key for successful middle-market business acquisitions, sales, and mergers. In this comprehensive guide to buying and selling businesses, our expert CFOs provide all the finance and accounting information you need when entering into a transaction. It covers: Transaction structures Buyer analyses and considerations Buy-side and sell-side finance/accounting transaction support Buyer-side and seller-side due diligenc

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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PwC to become largest ChatGPT enterprise customer with new OpenAI deal

CFO Dive

The agreement represents the latest step by the Big Four firm to further develop GenAI following its pledge to invest $1 billion into the technology over a three-year period.

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Electoral bonds fine with profit caps and transparent disclosures: Amarjit Chopra

CFO News

Amarjit Chopra, former President of the Institute of Chartered Accountants of India (ICAI), provides insight into India's electoral bond scheme, emphasizing the Election Commission's critical role. He also reflects on the Supreme Court's involvement, suggesting that instead of deeming electoral bonds illegal, modifications could have been proposed prospectively to address scheme deficiencies.

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Dubai Shines Again As Greenfield FDI Hotspot

Global Finance

Dubai has once more topped the rankings of global cities attracting the most greenfield foreign direct investment (FDI). Last year the buccaneering emirate garnered 1,070 greenfield FDI projects, according to emirates news agency WAM, citing data from fDi Markets. In total, Dubai pulled in 1,650 FDI projects in 2023, amounting to just over 39 billion dirhams, or around $10.7 billion, an increase of 39% over the previous year’s figure.

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Bloomberg’s Hedge Fund Forum 2024

Barry Ritholtz

Today, I am participating in a few events at Bloomberg’s Hedge Fund Forum 2024. I will be moderating the Emerging Managers Panel (I did this last year as well). It is a great collection of three new(ish) managers, in a variety of areas, all of whom have put up solid numbers: 3:45 PM Panel Discussion: Emerging Managers Panelists: Vince Aita, CIO & Managing Partner, Cutter Capital Management Brian Hurst, Founder and CIO, ClearAlpha Technologies Melvin Ike, Founder and Managing Partner, The

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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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1,006: Finance and Strategy: A Dual Approach | Jorge Stevenson, CFO, Yuvo Health

CFO Thought Leader

CFO Jorge Stevenson’s finance career journey begins in Santiago, Chile, where both his parents were leaders within the business community and instilled in him the importance of finance when it comes to achieving business success. Jorge’s formal business education began with an MBA from Duke University, where he honed his finance. His professional journey includes pivotal roles at a number of different organizations.

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Forecasts for Fed rate cuts probably too optimistic, Summers says

CFO Dive

“I don’t think we’re on a convincing trajectory to the 2% inflation target” set by the Federal Reserve, Former Treasury Secretary Larry Summers said.

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BlackLine to sell new SAP solution extension for CFOs

Future CFO

BlackLine, Inc. launched its Financial Reporting Analytics solution, which will be sold as an SAP Solution Extension under the name SAP Account Substantiation and Automation by BlackLine, financial review option. The solution is set to enable chief financial officers to perform proactive entity and group-level analysis of financial statement line items and variances, providing users with efficient commentary functionality, end-to-end transparency, and traceability.

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Regulation Struggles To Keep Pace With Global Gig Economy

Global Finance

As outsourcing to freelancers spreads, lawmakers and regulators around the world are scrambling to keep pace. Accordingly, companies working the new trend into their business model must be wary of running afoul of a fast-changing legal and regulatory landscape. Due diligence can be especially tricky for firms that use freelancers located in multiple jurisdictions—even within countries, such as the US, that have federal systems.

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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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#FA Success Ep 388: Transitioning To Independent RIA With Only $7M Of AUM To Turbocharge Growth With Website Local SEO, With Freeman Linde

Nerd's Eye View

Welcome everyone! Welcome to the 388th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Freeman Linde. Freeman is the Co-Founder of La Crosse Financial Planning, an RIA based in La Crosse, Wisconsin, that oversees nearly $50 million in assets under management (AUM) for 73 client households. What's unique about Freeman, though, is how despite the conventional industry view that it takes $10s of millions of AUM to go independent, launched his own RIA with just $7M

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Global Loss of the U-Shaped Curve of Happiness : Happiness used to be U-shaped by age, with middle age the least happy. Not anymore. Young people are now the least happy. ( After Babel ) • Netflix Is Broken Beyond Repair. This Streaming Platform Shows a Better Way.

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65% of CFOs are building GenAI into their strategy: Billtrust

CFO Dive

The study also found a significant knowledge gap, with only 49% of CFOs saying they felt “very knowledgeable” about GenAI's capabilities.

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PodChats for FutureCFO: Women CFOs: Filling the gender gap

Future CFO

The CIMA Foundation says “disaster don’t discriminate, but people do”. The journey to gender parity remains obstructed by a myriad of factors including culture, bias, misconceptions and attitudes. But if the Paris 2024 Olympics is any indication of the possibility, we may have hope that someday, there will be parity between the genders across the finance function, if not the rest of the enterprise, all the way to the C-suite and the Board.

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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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Shock Therapy Produces A Fiscal Surplus

Global Finance

President Javier Milei’s controversial plan to shock Argentina’s economy back into growth has chalked up a significant win. After years of rising debt, the country has now posted four consecutive months of fiscal surplus, the first in 16 years. It now eyes a full year of positive balances. The country also posted a positive financial surplus, including interest payments, in April.

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India's economy grew 8.2% in FY24, GDP rises 7.8% in Q4

CFO News

India's economy surged in FY24 with an 8.2 per cent GDP growth, driven by robust performances in manufacturing and mining, exceeding RBI's projections. Delve into the comprehensive analysis for deeper insights!

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Pigment software review: strengths and weaknesses from a user’s perspective

Cube Software

Pigment software: an overview Pigment is an all-in-one business planning platform designed to assist businesses in budgeting, forecasting, modeling data, and generating reports to support financial decision-making. It's widely used by executives, finance, and revenue teams to execute strategic finance operations efficiently.

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Hertz poaches Spirit Airlines CFO

CFO Dive

Less than a year after taking the permanent CFO seat, Alexandra Brooks is exiting the rental car company as it struggles to manage its bold EV bet.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.