Remove Cost Management Remove Economics Remove Risk Management
article thumbnail

Banks shift from using AI for productivity to improving customer experience

Global Finance

Cost transformation forces banks to innovate European banks are navigating a complex landscape characterized by economic headwinds and cost pressures. They are now using technology as a lever to reduce costs and innovate. Historically, banks have faced high-cost pressures exacerbated by their legacy systems.

article thumbnail

Business tax planning during times of uncertainty

CFO Dive

The Tax Code has also been modified in significant ways in response to economic challenges. When economic turbulence occurs, the Tax Code is often viewed as an expedient means of providing support to businesses and individuals. You can unsubscribe at anytime. The congressional response to the COVID-19 pandemic illustrates this point.

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

Audit partner pessimism surges amid risk of recession: CAQ survey

CFO Dive

Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations Financial Reporting Compliance Technology Treasury Risk Management Leadership An article from Dive Brief Audit partner pessimism surges amid risk of recession: CAQ survey U.S. You can unsubscribe at anytime.

article thumbnail

1,025: From Cost Management to Strategic Investment | Chikako Tyler, CFO, California Bank & Trust

CFO Thought Leader

In 2009, as the economic downturn decimated the real estate market, Tyler recognized the need for a change. Her journey through various roles in the bank—ranging from specialized asset analysis to risk management—shaped her understanding of the business and led her to the CFO office. This is very, very exciting to me.

article thumbnail

Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

Global instability and economic uncertainty The geopolitical landscape, marked by conflicts in Ukraine and Israel, remains a significant source of uncertainty heading into 2024. This is coupled with concerns about inflation and the looming possibility of a recession, corporate treasurers face the challenge of navigating macroeconomic risks.

article thumbnail

How Outsourced CFOs Help Small Businesses Avoid Financial Crisis

CFO Share

In the volatile world of small business financial management, staying afloat amidst economic fluctuations can feel like sailing into a perfect storm. CFO responsibilities extend beyond mere bookkeeping; they encompass financial planning, record-keeping, financial reporting, and risk management.

CFO
article thumbnail

Financial Forecasting for Small Businesses: Plan with Precision

CFO Plans

By predicting future financial outcomes based on historical data, market trends, and economic indicators, small businesses can navigate uncertainty, plan for growth, and ensure long-term sustainability. It involves predicting future financial outcomes by analyzing past and present financial data, market trends, and economic conditions.