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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. During the pandemic, we saw numerous productive marketing advances, many of which were long overdue — from more agile budget allocation to accelerated digital transformation connecting marketing and e-commerce.

Budgeting 130
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Uber, Abiomed, Peloton, Carvana, Molson Coors and more

CFO News Room

Pfizer – Shares of the pharmaceutical giant jumped nearly 3% after the company reported stronger-than-expected earnings and issued an improved financial outlook. Pfizer said strong demand for its older drugs helped offset a drop in sales of its Covid-related products. J&J shares fell 1%. Carvana — Shares advanced 11.9%

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Partner Spotlight: G7 Tech Services

Centage

We focus on business automation within the Finance, HR, Marketing & Sales, and IT departments in a company. MLBN, NHLN, Zydus Pharmaceutical, American Refining Group, Nestle. We all know that most finance and accounting departments are working weekends during the Budgeting, Planning & Forecasting cycles.

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Asia Pacific employees projected to get 5.3% pay rise on average

Future CFO

Last year, companies were forced to revise down their pay rise budgets, leading to an average increase of 5.4% of actual salary increase in 2019), according to WTW’s latest Salary Budget Planning Survey report. Employers in Asia Pacific project pay rises at an average of 5.3% in 2020, compared to 5.6%

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Corporate Fraud Reveals The Breadth Of Scammer Tactics

PYMNTS

The year-over-year cybersecurity budget increase amounts to an average spend of $2,691 per employee. Security Operations Centers saw 90 times more malicious emails, and as Agari noted, these centers are struggling with a 67 false-positive rate, meaning they’re taking valuable time to assess threats within legitimate and safe emails.

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Finance Operations Pros face new Excel “game changer”

The Finance Weekly

In the words of another finance operations lead at a large niche pharmaceutical company: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. Use cases include sales compensation, budget vs actuals and financial disclosure.

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Links 1/22/2023 | naked capitalism

CFO News Room

officials advise Ukraine to wait on offensive, official says Reuters Ukraine Defense Minister Tells VOA: Troops Will Train on German Tanks in Poland VOA The Ministry of Infrastructure of Ukraine confirmed the detention of Deputy Minister Lozinsky who is suspected of embezzlement of budget funds. Lozinsky will be dismissed from his post. —