Wed.Feb 08, 2023

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Why Automation is the Sidekick Your Business Needs

Adam Kae

Once upon a time, in a land called the business world, there was a problem. The problem was that as businesses grew, they struggled to keep up with the increasing demands of their customers and clients. The days were long, the to-do lists were never-ending, and the owners were exhausted. Enter the hero of our story: automation. Automation stepped in, brandishing its magical powers, and changed the game for good.

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Most accounting professionals want more mental health help: study

CFO Dive

“Attracting the next generation of talent to the accountancy profession is vital to healthy economies,” said Jillian Couse, head of ACCA North America.

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The Next Bubble is Already Here

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Bear Market Rallies – Another bear market rally or a new bull market? ►AI Bubble of 2023 – ChatGPT had over 100 million users in January.

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Watch for accidental fraud, forensic accounting expert says

CFO Dive

Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.

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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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Navigating the Thrift Savings Plan: Planning Opportunities To Support Federal Employees, Military Servicemembers, And Veterans

Nerd's Eye View

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. But given that the U.S. government is the largest employer in the country, it can be especially helpful for advisors to be familiar with the ins and outs of (and recent changes to) the Federal government’s own defined contribution plan: the Thrift Savings Plan (TSP).

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vcfo Gives Back

VCFO

Giving back to the community has been a core value for vcfo since inception 27 years ago. Over the years our initiatives coalesced into vcfo gives ®. As we close out 2022 and look ahead to 2023, I want to share more about what I consider a critical value to vcfo. By way of background, early in my career, I was very influenced by a local business owner who made a significant contribution to a program I was raising funds for as a young mother involved in PTA.

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Inflation erodes US company growth, return on capital: McKinsey

CFO Dive

When facing persistent price pressure, companies need to focus more on sustaining gains in profit margins and return on capital, McKinsey said.

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Economists say RBI's 5.3% inflation forecast for FY24 realistic

CFO News

Economists feel that the 5.3% Inflation projection made by the Central Bank is a realistic assessment.

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Chipotle CFO hopes for ‘reasonably tame’ inflation

CFO Dive

The burrito chain is bracing for the possibility of inflation-induced pressure on ingredients such as beef.

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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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Indian banking system much stronger to be affected by individual incidents: RBI amid Adani crisis

CFO News

The RBI Chief said that the Central Bank has taken a number of steps to strengthen the resilience of Indian banks.

Banking 97
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The downturn for Asia Pacific: Severe but short

Future CFO

The downturn for Asia Pacific is expected to be severe but short, said EY recently when releasing results of a survey of 1,200 CEOs across the globe. The downturn for Asia Pacific would be characterised by geopolitical tensions, supply chain disruption and ongoing COVID-19 related uncertainty. Survey highlights In Asia Pacific, almost all CEOs (99%) are actively planning for a downturn scenario, with a substantial majority (72%) preparing for a severe downturn in the region.

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Himachal Excise and Taxation Department inspects stocks of Adani Wilmar at Parwanoo

CFO News

The company, engaged in warehousing of Kirana (grocery items), also provides goods to the civil supplies department and police department in the state. It has recorded a business of Rs 135 crore last year.

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Clips From Today’s Halftime Report

The Reformed Broker

Uber’s earnings prove it’s not a ‘pandemic stock,’ says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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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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Adani Green CFO says near-term borrowing could be more from domestic sources, budgets Rs 10K cr capex for FY24

CFO News

On the medium-term level, the debt sourcing mix would remain the same, says Phuntsok Wangyal.

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Understanding the Nonprofit Statement of Cash Flows

The Charity CFO

Does your organization pay close attention to your nonprofit statement of cash flows? When you think of financial statements, the balance sheet or income statement typically come to mind. While these are important components of a nonprofit’s success, the statement of cash flows is critical to understanding the timing and sources of cash moving in and out of your organization.

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Demand woes for FMCG, retail: No signs of green shoots yet

CFO News

This slowdown in FMCG sales and overall consumption is in contrast to lifestyle and premium brands. Several large global consumer goods companies like Procter & Gamble, Mondelez, Diageo, Apple, H&M, Levi's and Skechers said in recent earnings calls that their India business was resilient during December quarter despite global macroeconomic headwinds such as inflation.

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That’s a Wrap! ETF Exchange

Barry Ritholtz

I am back home after a busy three days in Miami for the giant ETF Exchange conference. It’s a very busy industry event – I suspect a ton of business is done, deals closed, and sales made. It’s also a monster networking event, where you get to meet new people and see old friends. It’s about 40% RIAs, 60% industry — ETF providers, servicers, fintech, and other industry stalwarts.

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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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NSE phone tapping case: Delhi HC grants bail to former NSE MD & CEO Chitra Ramkrishna

CFO News

Delhi High Court on Thursday granted bail to former NSE CEO Chitra Ramkrishna in the money laundering case related to alleged illegal phone tapping and snooping on National Stock Exchange employees.

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FCF Fox Corporate Finance GmbH advised German Bionic on a venture debt financing

Fox Corporate Finance

FCF Fox Corporate Finance GmbH hat German Bionic bei einer Venture-Debt-Finanzierung beraten München, 24. Januar 2023 – Die Europäische Investitionsbank (EIB) hat 15 Millionen Euro in Form eines Venture-Debt-Kredits in die Weiterentwicklung KI-basierter Mensch-Maschine-Systeme des. Read more The post FCF Fox Corporate Finance GmbH advised German Bionic on a venture debt financing appeared first on FCF Fox Corporate Finance GmbH.

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Cos may have to cough up steeper penalties for antitrust violations

CFO News

Currently, the Competition Commission of India (CCI) imposes a penalty up to 10% of a company's average turnover in the relevant market. The government may tweak this by changing the definition of average turnover by adding an explanation that it means the "global turnover derived from all products and services by a person or an enterprise" through activities out of India, the people said.

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Leading the Way: 5 Tips for January’s New CFOs

The Finance Weekly

The financial landscape is constantly shifting and CFOs are in , high demand as companies navigate these uncertain times. The past month has seen a flurry of , CFO moves , indicating these executives' critical role in steering organizations toward stability and success. With this in mind, it's important for CFOs to stay ahead of the curve and adapt to , new trends and , challenges.

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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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Hours after hiring announcement, JPMorgan lays off hundreds of employees

CFO News

Earlier in the day, JPM said it plans to hire more than 500 bankers catering to small businesses through 2024, boosting the bank's workforce targeting the segment by 20% from more than 2,300 now.

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Mystery solved: ‘Inflation Guy’ explains the upcoming CPI reweightings

Tips Watch

Is this a conspiracy to make inflation look tamer? No. It’s a routine but important update. By David Enna, Tipswatch.

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Reconsider decision on role of company secretary: SC to SAT

CFO News

The appellate tribunal on November 1 had held that once the offer document and the balance sheet is approved by the board of directors, there is no requirement for the CS to check the veracity of the buyback offer document and its legal compliances before authenticating such document.

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Improve the efficiency of information storage and the scalability of Excel models

Spreadym

As the first step of a single business process automation, companies often create a unified template for planning in Excel, which can later be filled in by different users. In this series of posts, we will familiarize you with features of Spreadym, a planning platform that solve the main problems arised within data processing. And here we start with improving the efficiency of information storage and the scalability of Excel models in business software.

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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.