Mon.Jul 24, 2023

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Six ways FedNow may affect businesses’ cash flow

CFO Dive

Touted as the biggest upgrade to the U.S. government’s payment system in 50 years, FedNow launched Thursday. CFOs need to get ready for it.

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Jack and Sam visit The Compound

The Reformed Broker

The downloads for this episode as an audio podcast are among the fastest we’ve ever seen, with over 30,000 listens in the first couple of days and counting. This will go over 45,000 by week’s end. The YouTube video is on pace to do a similar number. Combine the two and you’re talking about one of the biggest audiences in finance for a podcast episode.

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Trending Sources

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Zaxby’s snaps up Dollar General, Yum Brands alum for CFO

CFO Dive

Donny Lau was named finance chief of the Athens, Georgia-based chicken chain which aims to grow well beyond its Southern roots. It has locations in 17 states.

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Academic Research Vs Industry Experience: Evaluating The Value Of Practice Management Advice

Nerd's Eye View

As a financial advisor, there are many potential sources of advice on running a practice and serving clients, from fellow advisors to coaches to academic researchers and others. Sometimes, it can be tempting to rely solely on the advice of those with an ‘in-the-trenches’ perspective, as these individuals have actually lived out a similar experience and can appreciate some of the nuanced challenges that an industry outsider might not.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Warehouse automation expected to pick up after hitting ‘rock bottom’

CFO Dive

E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis.

More Trending

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Chevron taps CTO for finance chief

CFO Dive

Chevron’s CTO will take its top finance seat in 2024, the company announced Sunday among a series of senior leadership shifts.

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Private equity: Investors have ample incentive to get moving

Future CFO

Private equity investors have ample incentive to get moving after four quarters of relative inactivity, said Bain & Company recently. With the clock ticking on a record US$3.7 trillion in dry powder and buyout funds sitting on US$2.8 trillion of unexited assets, limited partners (LPs) are feeling a liquidity crunch, according to the firm’s Private Equity Midyear Report 2023 based on a recent survey.

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RStudio – a hidden gem for finance teams

CFO Dive

As a versatile tool, RStudio can be used in various ways to enhance financial analysis, modeling and decision-making processes.

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Companies may be allowed to delist via fixed price: Sebi Chief

CFO News

The regulator is also working on instantaneous settlement of stock market transactions and reviewing the trading plan mechanism for insiders at listed firms. Sebi will issue a discussion paper on the delisting process before December.

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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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Investigations are causing data breach costs to skyrocket, IBM finds

CFO Dive

Organizations are under mounting pressure to conduct more thorough investigations as the complexity of data breaches grow.

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Go First resolution professional in settlement talks with Delhivery

CFO News

Go First owes Delhivery Rs 1.59 crore, of which ₹57 lakh Delhivery claims was received in a "mala fide manner" The petition by Delhivery states that the airline failed to inform Delhivery that it was struggling financially. The airline was aware of its financial position on April 28 and yet took an advance from Delhivery. The tribunal will now hear the matter on August 17.

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Hiring your nonprofit’s first employee? Here’s what you need to know

The Charity CFO

When hiring your first employee at a growing nonprofit, it is crucial to understand the essential steps to hiring. Ultimately it involves finding the right individual to propel the organization forward while navigating the complexities of the hiring process. It can be overwhelming. In this article, we will explore the questions you should carefully consider during this hiring process First Things First: Do You Need to Hire?

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I-T dept sends 100,000 notices over under-reported income

CFO News

"One lakh notices are sent where information is available that income is more than what you have filed, or there are reasons to believe that income has been understated or where they have not filed it and information is there that they should have filed it," FM Sitharaman said.

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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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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • The Problem with Valuation. I have an issue with valuation models in general. Because basically all the valuation metrics tell the same story—U.S. stocks are overvalued, therefore, we should expect a major crash as these metrics return to their long-term historical averages. Whether you use Hussman’s measure, the Buffett indicator, or Shiller’s CAPE (cyclically-adjusted price-to-earnings) ratio, the logic is always the same.

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Lending company Oxyzo enters marketplace business

CFO News

In partnership with a clutch of banks, non-banking lenders, corporate houses and family offices, it is placing close to $200 million (Rs 1,630 crore) of structured debt every month on a debt marketplace.

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FCF Bank Monitor – Q2 2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Bank Monitor – Q2 2023”. FCF regularly engages in research on the banking sector based on available data from the most active and. Read more The post FCF Bank Monitor – Q2 2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Sahara Cooperative refund: 700,000 log into portal to claim ?158 crore

CFO News

More than seven lakh depositors of Sahara cooperative societies have registered on the Central Registrar of Cooperative Societies (CRCS)-Sahara Refund Portal to claim their money, totaling ₹158 crore as of Monday. Out of that total, only 18,442 depositors have verified all details, including receipt of making payment to one of the four Sahara cooperative societies.

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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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How to build an effective FP&A process

Cube Software

Building an effective FP&A process is a strategic imperative for any organization seeking to thrive in today's competitive business landscape. Learn how.

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Top Tesla executives likely to meet Union Minister Goyal soon, talk manufacturing plans

CFO News

Senior executives from Tesla are expected to meet with India's commerce and industry minister, Piyush Goyal, to discuss setting up EV manufacturing facilities in the country. Meeting in response to an earlier virtual summit between Goyal and Tesla CEO Elon Musk, India's Ministries of Commerce and Industry and Electronics and Information Technology are in talks with the EV maker regarding the potential of launching a supply chain ecosystem in India.

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How FocusCFO Helped Me Become a Better CFO

Focus CFO

Join FocusCFO, where continuous learning fosters success. Refine your skills, broaden your perspectives, and embark on your best chapter yet.

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RIL partners with Brookfield Infra, Digital Realty for India data center business

CFO News

Data centers developed by the platform will leverage Digital Realty’s energy-efficient data center platform design and operating procedures, relationships with global customers, Brookfield’s in-depth knowledge of the Indian infrastructure market, and Jio’s digital and connectivity ecosystem and strong enterprise relationships with an existing client base of 80% of large named private enterprises in India.

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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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How AI is Impacting the Business | Ken Bowles, CFO, WilsonACG

CFO Thought Leader

CFO GUEST: Ken Bowles of WilsonACG 918: A Uniform Beginning | Ken Bowles, CFO, WilsonHCG MADE POSSIBLE BY LEDGE | Ledge is a command center for payments built for finance teams operating at scale. Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

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Mega orders from UK help TCS ride out raging macro storm

CFO News

Newly appointed chief executive K Krithivasan told ET recently that UK companies, unlike their counterparts elsewhere in the developed world, are continuing to invest in the future.

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Transcript: Jawad Mian

Barry Ritholtz

 The transcript from this week’s, MiB: Jawad Mian, Stray Reflections , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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Directed banks to 'sensitively' deal with loan collections: Sitharaman in Lok Sabha

CFO News

Acknowledging that she has received complaints of merciless loan collections by some banks, Union Finance Minister Nirmala Sitharaman informed Parliament on Monday that instructions were given to banks, asking them to deal with sensitivity.

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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.