Thu.Apr 20, 2023

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Three CFOs Talking About AI and How It’s Influencing Their Strategy Discussions

CFO Thought Leader

MADE POSSIBLE BY VERSAPAY The first Collaborative Accounts Receivable Network. Our AR automation solutions and next-generation B2B payments network make billing and payments easier for enterprises, increasing efficiencies, accelerating cash flow, and dramatically improving the customer experience. Based in Toronto with offices in Atlanta, Cleveland, Baltimore, LA, and Las Vegas, Versapay is owned by Great Hill Partners, a Boston-based technology investment firm.

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Half of global workers open to leaving jobs: study

CFO Dive

Thirty percent of businesses are experiencing “value drag,” with employees feeling disengaged and looking to leave, and another 18% are in a “value risk” state, where business value is at significant risk, according to the research.

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No grave delivery gap in audit, says ICAI President

CFO News

"I don’t think there is a grave delivery gap in the audit. If that were the case, you would not have seen India progressing; we are right now projected as one of the bright spots in terms of the economic outlook. The whole world is looking up to India. If there is no great financial reporting happening, do you think it would have been possible for India to be projected as the bright spot in terms of the economic growth you are seeing?

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Dollar General SVP takes CFO seat

CFO Dive

The company’s CFO switch comes as it looks to bump up staffing in a bid to increase its market share as inflationary pressures continue to impact consumer shopping habits.

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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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A demographic triumph

CFO News

Currently, India's median age is around 28 years, compared to China's median age of 38 years. This means that India has a larger working-age population and fewer dependents, which gives it a significant advantage in terms of productivity and growth potential.

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More Trending

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Evolution of Startup CFO: 5 points to consider before building finance function

CFO News

In order to understand the need for startups to hire a CFO who calls spade a spade, one must look beyond numbers. The author Amit Kulkarni, the Director Finance of an early stage venture fund, Fireside Ventures explores the imperatives of building a finance team in a startup and how founders should look at the function in the making.

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PCAOB flags widespread weaknesses in audits of SPACs

CFO Dive

The criticism of SPAC audits follows a surge in restatements by the so-called blank-check companies.

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'ITAT decision on arm's length transfer price open to legal scrutiny'

CFO News

The Supreme Court on Wednesday held that the Income Tax Appellate Tribunal (ITAT) has to follow guidelines and rules stipulated in the Income Tax Act for determining arm's length transfer price, and there cannot be any absolute proposition of law that its decision is final.

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How to maximize efficiency with nonprofit accounting software

The Charity CFO

How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance.

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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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Kitces & Carl Ep 110: Dressing Up For Clients (Do Advisors Really Need To Dress For Success?)

Nerd's Eye View

In any business profession, establishing credibility and trust are important to attracting clients and building a reputation amongst colleagues. A key method to do so is through appropriate business attire. Traditionally, business attire for financial advisors meant wearing the typical suit and tie in all instances of client-facing activities. Because psychologically, a suit and tie has been recognized for many years as a symbol of trust and credibility.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Gilead, Vertex, Wynn & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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New 5-year TIPS gets a real yield of 1.32%, an attractive result

Tips Watch

By David Enna, Tipswatch.com The Treasury’s auction of $21 billion in a new 5-year Treasury Inflation-Protected Security — CUSIP 91282CGW5 — resulted in a real yield to maturity of 1.320%, a bit higher than looked likely through the morning.

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MiB: Private Equity

Barry Ritholtz

Over the past few years, I have been featuring more and more fund managers from the private equity space on the podcast. It is a fairly decent and continually expanding list. I was a little concerned about top-ticking PE but decided to ignore that worry. Lots of listeners had asked for more private credit, CRE, and PE investors; many of these folks who had previously maintained a low profile (~ the 2000s and 2010s) became more comfortable being more public this decade.

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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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Partnering for Impact: Institutional Investors and the Net-Zero Transition

CFA Institute

A well-managed, low-carbon transition requires systemic change from all corners of the global economy.

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CIPFA launches report to help public bodies with sustainability reporting

Accountancy Today

CIPFA has launched a new report to the public sector providing “guidance, best practice and advice” to help public sector bodies prepare sustainability reports and disclose their sustainability impacts. The report has been authored by accounting professor Carol Adams and examines the barriers to widespread adoption of sustainability reporting in the public sector.

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Private equity market in Greater China: More buyouts expected 

Future CFO

The private equity market in Greater China could see transformational changes over the next five years as buyout deals are expected to outgrow other asset classes, said Bain & Company recently. Faced with strong macroeconomic headwinds, private equity investments fell to an eight-year low, according to Bain & Company’s Greater China Private Equity Report 2023.

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10 Earth Day-Inspired Green Business Practices that are as good for your bottom line as they are for the Planet

E78 Partners

Earth Day is a perfect time to look at ways improve your business’s environmental impact. Embracing sustainable or green business practices not only benefits the planet but can also positively impact your company’s finances. Here are 10 Earth Day-inspired tips for businesses looking to go green and save some green. Light Up Your Business with Energy Efficiency Switch to energy-efficient lighting, appliances, and equipment to significantly reduce energy consumption and lower utility b

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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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RBI cracks the whip on banks, companies over past reporting lapses

CFO News

Several companies, according to banking circles, are unable to make fresh financial commitments to their offshore arms after the central bank made it clear that remittances would be allowed only after the lapses have been identified and fines are paid.

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84: What Are Real-Time Payments?

Strategic Treasurer

Session 84 Coffee Break Session: What Are Real-Time Payments? What are real-time payments? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to chat about real-time payments. They discuss how these payments work, the benefits, and the risks. Listen in and learn a little bit about real-time payments.

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Vedanta encumbers stake in HZL to raise Rs 1,500 cr in loans

CFO News

Anil Agarwal-led resources conglomerate Vedanta has encumbered a part of its stake in Hindustan Zinc (HZL) to raise Rs 1,500 crore in loans against those shares at more than 50% margin to their market value, Vedanta told the exchanges in a mandatory filing Thursday.

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Webinar: Working Capital: Levers to Support Cash Performance | May 11

Strategic Treasurer

Working Capital: Levers to Support Cash Performance May 11 | 2:00 PM EDT Register Now Date Thursday, May 11, 2023 Time 2:00 PM – 3:00 PM EDT Where This is an online event Speakers Alex Weiss, Esker Brian Rieber, LSQ Craig Jeffery, Strategic Treasurer Sponsored By Hosted By 1.2 CTP and FP&A re-certification credits are pending for attendance to this live webinar.

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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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JP Morgan flags more earnings downgrades, de-rating for IT

CFO News

The brokerage said Tata Consultancy Services, LTIMindtree, HCL Technologies, and Mphasis are most at risk of multiple downgrades while Infosys, Wipro, and TechM face greater earnings risks.

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Life Sciences Venture Capital Monitor – Europe 03/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Life Sciences Venture Capital Monitor – Europe 03/2023”. The Monitor is a monthly published overview of venture capital trends in the European Life Sciences. Read more The post Life Sciences Venture Capital Monitor – Europe 03/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Post-pandemic binge: Alcohol imports jump 54% in April-January

CFO News

Imports of mandarins (including tangerines and satsumas) increased 13.5% to $6.63 billion in FY23 (April-January) compared with the previous year. The imports were up 2.9-times compared to the pre-pandemic period (FY20).

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Ex-Trump CFO is released from jail

CFO Dive

Allen Weisselberg — the Trump Organization’s former finance chief — was released after this week serving about 100 days in a New York City prison. But more legal pressure looms.

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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.