June, 2022

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3 ways CFOs can help tackle supply chain disruptions

CFO Dive

CFOs can help companies relieve immediate supply chain pressures, as well as create long-term value.

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Why Move to Cloud-Based ERP Solutions?

Navigator SAP

As you run your business, you’ll need to find a simple and effective way to consolidate and manage data across your enterprise. Fortunately, a cloud-based enterprise resource planning (ERP) system like SAP Business One can be the perfect solution for you. But before you choose SAP for small business management, you need to answer this question: why move to a cloud-based ERP solution?

SAP 245
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Inventory Spikes

Corporate Finance

During 2021, much of the talk concerning inventory surrounded shortages due to a variety of factors. In response, many companies increased production and orders to combat supply chain disruptions and increased consumer demand coming out of COVID-19 lockdowns. Now, it appears that companies have overshot demand as inventories have surged. For example, inventories for global manufacturing companies reached a record $1.87 trillion.

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How Sharp Is the Sharpe Ratio? An Analysis of Global Stock Indices

CFA Institute

To test the Sharpe Ratio’s effectiveness, we constructed monthly return distributions for global stock market indices to see if any had too much skewness.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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The New Competitive Edge-Real-Time Accounting

https://trustedcfosolutions.com/feed/

We have all heard the expression “Time is Money,” which has never been more true for businesses than now. The ability to make quick decisions and be agile in the market these days is critical. Can you get real-time data from your accounting system? Is that data accurate and up to the minute? If you are still getting your data from spreadsheets, it’s time to move to cloud computing.

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Icahn sues, questions 'basic integrity' of trillion-dollar CMBS market

CFO Dive

The suit comes as the pandemic accelerated changes in shopping and work habits that drive how retail and offices are used and valued, leaving financial executives to grapple with rising uncertainty around how to assess commercial real estate holdings.

Marketing 307
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Software Validation: What Life Sciences Businesses Need to Know

Navigator SAP

Strict process control is fundamental for life sciences businesses. Not only is it important for accurate manufacture of drugs and devices that can make the difference between life and death, it also is mandated by the U.S. Food and Drug Administration (FDA) and similar regulatory bodies in other countries. The manufacture and distribution of food and drugs are heavily regulated as a public health measure.

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Bad Luck Investing

Corporate Finance

Hopefully you realize that the best time to invest is when stock prices are low and the worst time is when prices are high. But patience is a virtue and can have rewards. A recent article introduces Betty Badluck, who just happened to invest at the stock market tops during the past 35 years. So what happened to Betty? As you will see, while the returns were not fantastic, over time, the stock market has historically rebounded and she still has three times her investment in real terms.

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The Next 75 Years: Will Generalists or Specialists Prevail?

CFA Institute

To generalize or specialize? Seventy-five years after CFA Institute was established, how should investment professionals and aspiring investment professionals approach the choice?

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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.

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Build Your Business With Financial Consolidation

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Build your business better and grow smarter with financial consolidation. It isn’t easy keeping track of the financial performance of each branch, franchise, or entity within your organization. The more your company grows, the more complex your financial reporting becomes. Consolidation makes it easy and helps you build and scale your business smartly.

Budgeting 104
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Innovators Innovate: Meet Embark's Game-Changing Compensation Model

Embark With Us

We're not trying to reinvent the advisory space at Embark. Our goal is to disrupt it, rattle some cages, and build our own version of it, one that ensures our operations, client service, culture, and people are always pulling in the same direction.

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Tips for CFOs advancing ESG: Gartner

CFO Dive

Finance chiefs facing increased pressure to implement sustainable initiatives can take several steps to make sure the programs succeed and drive business value.

Finance 306
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How Do I Validate Our ERP System?

Navigator SAP

ERP validation is a really simple idea: Does the system perform as specified? The question of validation is less about software functionality and largely about configuration. If a business selects an industry-standard enterprise resource planning (ERP) solution for its backend systems, the functionality will exist for almost any company process. Having the foundation for meeting the process needs of a business and correctly configuring the system for meeting those needs is not the same thing, ho

Planning 241
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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The difference between a CFO and a Controller

The CFO Centre

If you’ve ever looked through a storage box holding clothes you wore as a child, you may have wondered, “How did I ever fit into something that small?” Your company may be in the same situation. The equipment, personnel, and premises that fitted well when the company was starting out, may be constraining its growth […]. The post The difference between a CFO and a Controller appeared first on CFO Center US.

CFO 98
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The Equity Advantage: Reinvestment of Earnings

CFA Institute

Equities can compound in value in a way that investments in bonds, real estate, and other asset classes cannot.

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How Complex Are Your Business Finances?

https://trustedcfosolutions.com/feed/

No two businesses are exactly alike. Every business has unique financial needs. Suppose your company finances are complicated and include multiple entities or locations. In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more.

Finance 104
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Proposed SEC SPAC Rules: What You Need to Know

Embark With Us

Not so long ago, SPACs were fully-loaded locomotives barrelling down the IPO track at full speed. But things change, and SPAC exuberance is more tempered these days, a trend that a recent SEC rules proposal might reinforce further.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Dallas CFO resigns as city leaders mull removing city manager

CFO Dive

Elizabeth Reich, who has served as CFO for the city of Dallas for five years, issued her resignation in a letter to City Manager T.C. Broadnax. City officials are set to convene to discuss Broadnax’s job performance Wednesday.

CFO 269
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4 Reasons Why Enterprise Resource Planning is Critically Important

Navigator SAP

There’s a reason why 96 percent of the top 20 percent of businesses rely on enterprise resource planning (ERP) software, according to Aberdeen research. ERP is at the center of the modern digital business, the nerve-center that allows an organization to monitor, automate and manage operations end-to-end unlike what came before. Whether you are a startup or a business that has not yet embraced digital transformation, there are dozens of reasons why you should consider ERP.

Planning 228
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What Are APIs and Why Are They Important to the Banking Industry?

FISPAN

Financial Application Programming Interfaces (Financial APIs) are the key to securely and efficiently exchanging consumer-permissioned data and are a catalyst for new innovations, revenue opportunities and integrations in the financial services industry.

Banking 98
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[Podcast] Building Public Support with Strategic Communication Campaigns with Houda Elyazgi

The Charity CFO

How intentional is your nonprofit with your communication plans? Is there a strategy behind the image your organization is presenting to the world? Houda Elyazgi joins A Modern Nonprofit to talk about building integrated and strategic communication campaigns to help build momentum and get public support for your most important initiatives. Houda Elyazgi is the Chief Client Officer at Saxum, an integrated digital agency obsessed for good.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Thinking of Selling? First, Understand Your EBITDA

CFO Simplified

If you’re looking at selling your business, one of the things that’s important for you to understand is how you calculate the value of your business. Here, we have Larry Chester , President of CFO Simplified, on camera to discuss why you should first understand your EBITDA prior to selling your business. What is EBITDA? In most cases, businesses are sold for a multiple of EBITDA, which stands for “earnings before interest, taxes, depreciation, and amortization.”.

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Implementing a Rolling Forecast: A How-To from Embark

Embark With Us

The best things in life – and business – are worth a little elbow grease. Take the rolling forecast, for example. Lending agility, foresight, and flexibility to leaders and their organizations, the rolling forecast is an operational GPS unit that can lead your company through even the roughest, most uncertain economic terrain. That is, if you implement and maintain it correctly.

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FASB drops four-year project changing goodwill accounting

CFO Dive

The U.S. accounting standard-setter shelved a proposal recasting how companies account for an estimated $3.6 trillion in goodwill on their balance sheets.

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What Are the Challenges When Migrating to the Cloud for a Small Business?

Navigator SAP

Migrating to a cloud-based ERP is a daunting task for any company, but it can be especially challenging for small businesses. In this article, we will explore the challenges small businesses face when migrating to the cloud and how they can overcome them.

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Acterys: Revolutionizing CIO & CFO Decision-Making

Welcome to the Future of Technology for CIOs & CFOs! Ever stood on the precipice of a technological revolution, feeling the energy of change? Ever been captivated by the whispers of a software that's not just innovative but genuinely groundbreaking? Acterys unveils a groundbreaking technology tailored for CIOs and CFOs. This state-of-the-art solution streamlines data integration, analytics, and forecasting, empowering leaders to make informed decisions quickly.

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Streamlining Your Treasury Management Workflow with Embedded Banking

FISPAN

This Spring, FISPAN's CEO and Co-Founder Clayton Weir joined Wells Fargo's Greg Hansen , SVP and Head of Product, at Nacha's Smarter, Faster Payments Conference to discuss streamlining treasury management with embedded banking solutions.

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Best Practice Tips to Impress in the Role of CFO

Centage

Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. Along with tracking cash flow and providing timely information, the best CFOs are strategizers, analyzing a company’s strengths and weaknesses from a financial perspective and helping direct decision making.

CFO 97
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How Can a CFO Impact Your Customer Acquisition Cost and Lifetime Value?

CFO Simplified

We all understand that customer acquisition cost (CAC) and lifetime value (LTV) are all about data. It’s about information—and a CFO lives and breathes the data that’s involved in running your company. So, let’s talk about how a CFO can impact your customer acquisition cost and the lifetime value of that customer. Better yet, we have Larry Chester , President of CFO Simplified on camera to answer the question: “How can a CFO impact your customer acquisition cost and lifetime va

CFO 97