Mon.Jan 23, 2023

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More companies report falling profit margins: NABE

CFO Dive

U.S. businesses in the new year face signs that the economy is cooling, including a tapering in consumer spending and a pullback in factory output.

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SAP Business ByDesign Versus Odoo

Navigator SAP

Choosing the right enterprise resource planning (ERP) system for your company is crucial to ensure that you find a solution that’s optimized and customized for your business needs. An ERP software comparison for mid-market companies can help you see the pros and cons of different offers and help you decide on the best fit.

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PE CFOs cite global recession as top concern: EY

CFO Dive

Private equity C-suite leaders cited the possibility of a global recession as their biggest worry, while talent management also remains a top priority.

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How do quarterly ERP software updates impact FDA Validation

Navigator SAP

ERP (Enterprise Resource Planning) software is a critical tool for businesses in many industries, including those that are regulated by the FDA. These software systems are constantly evolving, with new updates and releases being made available on a quarterly basis. While these updates can bring new features and improvements to the system, they can also have an impact on FDA validation.

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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.

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Tech firms hunt for ‘operating’ CFOs

CFO Dive

Technology firms are seeking CFOs that can add financial rigor to their operations even as they move to cut staff and costs in the face of a probable recession.

More Trending

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Motorcycle retailer RumbleOn taps new CFO

CFO Dive

The Irving, Tex.-based company is swapping in a new CFO just under a year after the outgoing finance chief took the finance reins.

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US Stocks kept winning in 2021, but…

CFO News Room

Leading into 2021, the big questions facing investors were about how quickly economies would recover from COVID, with the assumption that the virus would fade during the year, and the pressures that the resulting growth would put on inflation. In a post at the start of 2021 , I argued that while stocks entered the year at elevated levels, especially on historic metrics (such as PE ratios), they were priced to deliver reasonable returns, relative to very low risk free rates (with the treasury bon

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Stanley Black & Decker names new CFO

CFO Dive

Former Fortune Brands executive Patrick Hallinan joins the manufacturer as it pursues a $1.5 billion cost-saving plan.

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Enrollment Declines Increase Pressure on ‘Woke’ Higher Ed

CFO News Room

Reprinted from The Center Square Higher education is confronting a problem: its customer base is shrinking. High birth rates in the 1990s and early 2000s created large incoming classes. After reaching a peak in 2007, birth rates have steadily dropped. Births rose to 4.3 million in 2007, while this past year saw 3.7 million. Children born during the dropoff will soon be eligible for enrollment.

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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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Stop Worrying About All Those Tech Layoffs…

Barry Ritholtz

I wanted to drop a quick note about the endless spate of layoff announcements — and why you should (mostly) ignore them. Let’s start with some numbers: Microsoft 22,000 (10%) Amazon 18,000 (1%) Google 12,000 (6.4%) Salesforce 7,000 (10%) Tesla 10,000 (10%) Twitter 3,700 (50%) Apple 0 (0%) Keep in mind a few things as you con

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Wayfair, Meta, Apple and more

CFO News Room

The Spotify logo on a smartphone arranged in Saint Thomas, U.S. Virgin Islands, on Saturday, Jan. 29, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Wayfair — Shares of the furniture retailer jumped 24.1% on Monday after Wayfair received upgrades from multiple Wall Street firms, include a double upgrade to overweight from underweight at JPMorgan.

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Repurposing Digital Marketing Content: How I Grew My RIA Revenue To $16K/Month In Less Than 14 Months

Nerd's Eye View

An important truism about marketing is that to be effective, the marketer’s message needs to connect with the audience it intends to reach. Traditional forms of marketing used by financial advisors – including networking with one’s friends and family members, cold-calling, and paid advertising – have been effective at reaching a ‘typical’ client base of older, wealthy retirees.

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Don’t Let an Indifferent Boss Hold You Back

CFO News Room

If you want to advance but your boss isn’t invested in your professional development, it can be demoralizing and frustrating. I know because I’ve been there. In the early stages of my career, there was a phase where I felt invisible and like there were no opportunities to reach for. One summer, there was an extended period where my annual performance review was repeatedly cancelled on short notice.

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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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Beyond Duration and Convexity: Eight Ways to Bond with Clients

CFA Institute

Successful adviser-client relationships are built on more than just investment advice.

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Stanley Black & Decker Names Fortune Brands Executive as CFO

CFO News Room

Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc. to lead its finances as the tool maker works on substantial cost cuts. The New Britain, Conn.-based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will join Stanley Black & Decker after a 17-year career at home- and security-products maker Fortune Brands.

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Activist Investors Swarm Salesforce Amid Layoffs

Global Finance

Salesforce joins Microsoft and other tech companies in reducing headcount.

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Choose Wisely with This Power BI License Comparison

Collectiv

If I had a dollar every time I heard someone ask “What Power BI License do I need?”… Well, I wouldn’t be rich, but I would definitely end up with a pile of cash. With several different Power BI licenses to choose from, it’s difficult to determine which option makes the most sense for your organization’s size, budget, and data reporting needs. The only way to escape Excel hell without running into Power BI chaos is to choose a Power BI license that meets your needs.

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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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Credit trend for Asia Pacific’s non-financial firms: Stable in 2023

Future CFO

The credit trend for Asia Pacific’s non-financial firms is stable in 2023 said Moody’s recently. However, slowing economic growth, persistent inflation and interest rate hikes, and geopolitical shifts will present challenges when it comes to the credit trend for Asia Pacific’s non-financial firms , Although commodity prices are normalising as supply chain problems ease, high energy and food prices remain core economic challenges for most countries, said Clara Lau, a Moody's Senior Vice President

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Centre looking at decriminalising some IBC offences

CFO News

In a discussion paper floated last week, the ministry of corporate affairs proposed to empower National Company Law Tribunals (NCLTs) and Debt Recovery Tribunals (DRTs) with powers to penalise anyone who violates the IBC. These violations are currently handled by special courts through criminal proceedings.

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Choose Wisely with This Power BI License Comparison

Collectiv

If I had a dollar every time I heard someone ask “What Power BI License do I need?”… Well, I wouldn’t be rich, but I would definitely end up with a pile of cash. With several different Power BI licenses to choose from, it’s difficult to determine which option makes the most sense for your organization’s size, budget, and data reporting needs. The only way to escape Excel hell without running into Power BI chaos is to choose a Power BI license that meets your needs.

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PE firms Bain, CVC Capital among those circling around Max Financial to buy out promoter Analjit Singh

CFO News

Max Financial Services, the country’s largest non-bank private life insurance company, is the parent entity of Max Life Insurance in which Axis Bank is a co-promoter with 12.99 percent stake. Mitsubishi Sumitomo Insurance owns 21.86 percent in Max Financial Services. The Japanese group in 2012 bought out New York Life by buying their entire 26% stake in then Max New York Life JV for Rs2,731 crore cash, a deal that was then dubbed as the second largest in insurance sector.

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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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2023 Outlook Series

Strategic Treasurer

2023 Outlook Series A Treasury Update Podcast Series This series within The Treasury Update Podcast features interviews with treasury experts about their expectations, projections, and insights for the year ahead. EPISODE MENU 1 The Labor Market – The Carfang Group 2 Coming Soon! Subscribe to the Treasury Update Podcast! #237 – 2023 Outlook Series: The Labor Market Is Broken with Tony Carfang In this first episode of our 2023 Outlook Series, Craig Jeffery of Strategic Treasurer talks

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Banks seek immunity for board members, suggest NaBFID-like shield against arrests

CFO News

Bankers have been lobbying for changes in existing provisions toward this end, arguing that it will help hasten decision-making, in turn bolstering growth and economic development. Banks repeatedly raised the issue after the 2021 arrest of former State Bank of India chairman Pratip Chaudhuri in an alleged loan scam case.

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#237 – 2023 Outlook Series: The Labor Market Is Broken with Tony Carfang

Strategic Treasurer

Episode 237 2023 Outlook Series: The Labor Market Is Broken! In this first episode of our 2023 Outlook Series, Craig Jeffery of Strategic Treasurer talks with Tony Carfang of the Carfang Group. They discuss Tony’s outlook on the coming year, covering topics such as inflation, debt, government spending, and corporate cash. Read the History of the Federal Reserve.

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India Inc: Need to ensure resilience in global value chains

CFO News

The Business 20 (B20) is the official G20 dialogue forum with the global business community. It is among the most prominent engagement groups in the G20, with companies and business organisations as participants.

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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.