Mon.Feb 13, 2023

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How Nonprofits are Using Technology to Grow in a New Age

CFO Selections

As in any industry these days, technology utilization in nonprofit organizations is on the rise. Nonprofits are using technology to shape everything from how they communicate to how they fulfill their missions with greater efficiency and effectiveness than ever before. In a Harvard Business Review article on the smart tech transformation occurring in nonprofits, Allison Fine and Beth Kanter summarize, “The use of smart tech by social service agencies and other nonprofits exploded during the pand

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PwC doubles down on tech M&A

CFO Dive

The Big Four firm is still on the hunt for companies that will enhance its position as a ‘digital business partner’ to its clients.

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Trending Sources

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • How State Street Has Used AI to Find ‘Hidden Gems’ Since 2018 : Natural-language processing used in stock picking: Bartolini Wanted something forward-looking, dynamic, he says of the ETF. ( Bloomberg ) • What Recession? Some Economists See Chances of a Growth Rebound. The Federal Reserve has raised rates rapidly.

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CFOs: It’s time to make the CMO your best friend

CFO Dive

In this article, learn more about how clear visibility into marketing costs and returns can enable the CFO and the CMO to work together on high ROI activities across the organization.

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Live Demo - Supercharge your Month End Close

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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Retail inflation surges to 6.52% in January, highest in three months

CFO News

Inflation has breached the Reserve Bank of India's (RBI) upper band target of 6% in the month of January after two months.

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More Trending

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Cash in times of crises: Lessons from 2020-2022

Future CFO

Warren Buffet famously explained his management strategy with the University of Maryland students in November 2013 saying: “ Cash at that time (of crisis) is like oxygen. When you don't need it, you don't notice it. When you do need it, it's the only thing you need.” Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it.

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ASOS names second interim CFO amid turnaround plans

CFO Dive

Online fashion retailer ASOS swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.

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FP&A Power BI - Can You Budget and Forecast with Microsoft Power BI?

Lime Light

Can you perform FP&A with Power BI? That's a question we often get from our Microsoft Dynamics and other ERP Customers.

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FTC Dems take aim at merger review time limits

CFO Dive

A new report shows “unprecedented” challenges faced by the agency in conducting effective merger reviews and the need for congressional action, FTC Chair Lina Khan and her two Democratic colleagues said.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Creating Client Service Calendars That Demonstrate Ongoing Advisor Value

Nerd's Eye View

While it can be easy for financial advisors to recognize the wide range of ways they add value for clients throughout the year, clients themselves might not be aware of what their advisors do for them behind the scenes outside of their annual meetings (e.g., rebalancing their investment accounts or reviewing their insurance policies). Without knowledge of this ‘shadow work’, clients might not recognize the full breadth of responsibilities their advisor (and the firm’s back-offi

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What CFOs need to get right when adopting subscription models

CFO Dive

With subscription models continuing to expand across industries and verticals, the CFO has a significant role to play in making sure organizations can launch, manage, track and account for recurring revenue streams.

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Digital Solutions Economy Initiatives in the Software and SaaS Industry

Bramasol

This new episode in our ongoing series on the Digital Solutions Economy (DSE) provides an overview of how DSE is impacting the Software as a Service (SaaS) industry. Previous episodes in this series include: DSE in the Telecom Industry DSE in the Media and Entertainment industry DSE in the Semiconductor Industry DSE in the Medical Device industry DSE in Utilities industry DSE in the Energy Sector DSE in Transportation Overview Software as a Service (SaaS) is a delivery model in which software is

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Adani hires Grant Thornton for some independent audits after Hindenburg fallout: Sources

CFO News

The appointment marks the first major effort by Adani Group to defend itself in the wake of a Jan. 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Defaults among Asia Pacific high-yield nonfinancial firms stay elevated

Future CFO

Defaults among Asia Pacific high-yield nonfinancial firms is estimated to decline to 7% this year from last year’s 10.9%, said Moody’s recently. However the rate remains above the 10-year average of 4.4%, Clara Lau, a Moody's Senior Vice President and Group Credit Officer pointed out. In general, defaults among Asia-Pacific high-yield nonfinancial firms will stay elevated in 2023, amid moderate economic growth in the region, supported by a gradual recovery in China following its relaxation of CO

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Centre open to a panel review of investor protection regime

CFO News

The Supreme Court last week sought the government's views on whether the regulatory regime needs a review, suggesting an expert panel headed by a former judge on the matter. The apex court has asked the government to submit a note by Wednesday on the remit of the committee. The case will be heard on Friday again.

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Make Your Property More Attractive to Boost Rental Income with These Tips

Financial Analyst Insider

Are you a property owner looking to boost your rental income? You can make your property more attractive and boost its value with the right The post Make Your Property More Attractive to Boost Rental Income with These Tips appeared first on Financial Analyst Insider.

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Dabur weighs acquisitions to expand across India, Southeast Asia

CFO News

On the back of its $71 million purchase of spice producer Badshah Masala Pvt Ltd. in October, the 139-year-old firm, which sells traditional Ayurvedic medicine and herbal products including toothpaste and shampoo, is evaluating other targets in health, food and personal care in those markets, Chief Executive Officer Mohit Malhotra said.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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#240 – What’s Going on with Interest Rate Activity? A Treasurer’s Outlook

Strategic Treasurer

Episode 240 What’s Going on with Interest Rate Activity? A Treasurer’s Outlook How do treasurers best position themselves for the future as the Fed continues to raise interest rates? In this podcast, Jason Campbell of Strategic Treasurer discusses the current and future impacts of interest rates with Paul Galloway. Last week, the Fed gave us the first interest rate of 2023.

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CV sales in India likely to rise 9-11% next fiscal: Crisil Ratings

CFO News

Domestic commercial vehicle (CV) sales volume is expected to rise 9-11 per cent next financial year 2023-24, said Crisil Ratings in a report on Monday. It would be the third straight year of growth driven by medium and heavy commercial vehicles and expected economic growth of 6 per cent.

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Jax Kar Wash x FocusCFO

Focus CFO

Jax Kar Wash is a family-operated business serving drivers in Michigan since it opened in 1953. Today, Jax Kar Wash is led by second and third-generation family members who proudly continue the legacy of providing customers with a clean, dry, and shiny car quickly and in a friendly, efficient environment for a great value - as well as offering their famous Jax Unlimited Club!

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Sujeet Jain of UltraTech Cement joins Nykaa to head its legal and compliance

CFO News

Jain becomes key managerial personnel (KMP) at FSN E-Commerce with his joining as Chief Legal and Regulatory Officer at Nykaa and has also been appointed as Company Secretary (CS) and Compliance Officer.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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CPAs urge lawmakers to enact ‘fairer’ tax code

CFO Dive

The AICPA recommends changes to the tax code as Republicans intensify opposition to the Biden administration’s signature tax policy initiatives.

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RBI, Yes Bank move SC against HC order setting aside ?8.4k cr AT-1 bonds writeoff

CFO News

Institutional investors such as mutual funds, including Reliance Nippon, and individuals had put as much as ₹8,415 crore in Yes Bank's AT-1 bonds. Subsequently, the bank's AT-1 retail bondholders moved court to challenge the decision and reclaim their money.

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Technology vs. Talent: What’s the Most Strategic Investment?

Collectiv

The future feels uncertain for many enterprises right now. A potential recession is looming , many teams are still adjusting to a post-pandemic environment and technology is expanding at a rapid pace. With so much uncertainty and change, it’s difficult to decide how to make strategic investments. In particular, it’s difficult to balance technology and talent when planning for future growth.

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Total exposure of 5 state-run general insurers in Adani group at Rs 347 cr: MoS Finance

CFO News

In reply to a question on details of money lent by banks and financial institutions to the Adani group, the Minister of State for Finance Bhagwat Karad said in a written reply to the Lok Sabha that the RBI Act prohibits disclosure of credit information submitted by a bank.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.