Fri.Mar 10, 2023

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Meta to slim teams, lean on AI in year of efficiency, CFO says

CFO Dive

Meta will be reevaluating its teams and projects, while also aiming to invest in key areas like AI and automation to drive its year of efficiency, CFO Susan Li said.

CFO 290
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The Fed is Breaking Things (and it could get worse)

Barry Ritholtz

Armchair quarterbacking the decisions of the Federal Reserve long ago became a blood sport. With the benefit of hindsight, we all are genius central bankers. I particularly loathe managers who lay all the woes of the world at the feet of the Federal Reserve. For more than a century, America’s central bank has been a key part of the investing environment, and it’s your job as an active manager to incorporate their probable policy decisions into your strategy.

Treasury 137
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Trending Sources

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Most companies lack technology needed for SEC climate rule: survey

CFO Dive

Global standard-setters face pushback from companies ill-equipped for complying with climate risk disclosure rules.

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Automate Your Shipping | SAP Business One Integration to ShipStation | recording

Navigator SAP

Good morning everyone. My name is Sean Barbera. I'm the director of marketing here at Navigator Business Solutions. Today I have Gary from Alluvia and Mark from ShipStation. We're all excited to have them present this intelligent shipping integration with SAP Business One. So with that, I'm going to hand it over to Gary. Take it away.

SAP 130
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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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CEOs ranked as top drivers of CFO retention

CFO Dive

The quality of the CEO-CFO relationship was viewed by finance chiefs as a top factor in deciding whether to stick with an organization, according to a survey.

CFO 271

More Trending

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Allbirds replaces CFO with ex-Adidas exec

CFO Dive

The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

CFO 260
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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Crypto Bank Had a Boring Collapse, Also Silicon Valley Bank : Elsewhere in boring maturity mismatches and a lack of deposit diversification. ( Money Stuff ) • Why daylight saving is so hard on the body — and what to do about it : Every process within the body, from sleep to metabolism, runs on an internal clock, known as circadian rhythm.

Startups 114
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Executives’ dim US economic outlook eases slightly: AICPA

CFO Dive

The executives’ slightly less gloomy first quarter U.S. economy outlook comes as finance leaders are continuing to grapple this week with more mixed economic signals.

Economics 259
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SVB

The Reformed Broker

The spectacular blow-up currently taking place at SVB and its primary subsidiary, Silicon Valley Bank, is the biggest story in the markets this week. SVB is systemically important for the technology sector and its Northern California ecosystem. As Jim Cramer put it last night, the Federal Reserve has been firing a machine gun at the economy for the last 12 months but it hasn’t hit anything yet.

Marketing 111
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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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Regulators take over Silicon Valley Bank

CFO Dive

The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

Banking 130
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Ind-AS implementation with 'phase-out' option under ECL: An overdue & uncertain development for banks

CFO News

The clouds over the implementation of Ind-AS for Indian banks were cleared through a discussion paper stating a ‘sufficient time’ will be provided. It had mentioned about at least one year's time frame post date of final guidelines. However, the industry remains uncertain with some predicting another two years of wait while others opined to wait till the final draft comes out.

Banking 98
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Hanno Coetzee is riding the CFO digitisation wave

CFO Talks

Written by Leigh Schaller Speaking to CFOClub members at the first CFOClubConvo of 2023, Hanno Coetzee, the founder of Digital CFO, shared his experience of providing CFO services to businesses, many of them SMMEs in the age of automation. Here are four takeaways from a CFO at the forefront of digitisation. Digitisation allows smaller businesses to focus on insights Hanno Coetzee, the founder of Digital CFO, started his career following a traditional route after graduating with a B.Com (Honour

CFO 98
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India to top China as largest international market in 2023: Walmart CFO

CFO News

Walmart CFO John David Rainey said ecomm marketplace Flipkart and online payments app PhonePe, both owned by Walmart, are market leaders and that both companies have huge opportunities to tap going forward.

CFO 98
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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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How the Digital Solutions Economy is Changing the Electronics Sector

Bramasol

This episode in our ongoing series on the Digital Solutions Economy (DSE) provides an overview of how DSE is impacting the electronics industry. Previous episodes in this series include: DSE in Software and SaaS 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 Over recent years, makers of electronics products in both the con

SAP 89
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A major bank failed. Here's why it's not 2008 again

CFO News

Silicon Valley Bank's downfall is the largest failure of a financial institution since Washington Mutual collapsed at the height of the financial crisis more than a decade ago. And it had immediate effects. Some startups that had ties to the bank scrambled to pay their workers, and feared they might have to pause projects or lay off or furlough employees until they could access their funds.

Banking 52
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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Oracle, Gold & Treasuries from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Reliance's Campa Cola may start off a price war this summer

CFO News

This is the first time Coca-Cola and PepsiCo are being challenged in India - a market they have dominated since the early 1990s.

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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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Building Trust and Converting Customers: Are You Crafting a Multi-Stage Sales Funnel?

Adam Kae

Building trust and converting customers are two critical factors for the success of any business. In today's digital age, where consumers have endless options to choose from, it has become more challenging to capture their attention and convince them to make a purchase. That's where a multi-stage sales funnel can help. The Sales Funnel A sales funnel is a process that guides potential customers through a series of stages, from initial awareness of your product or service to becoming a loyal cust

Sales 52
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Jan industrial output up 5.2% on manufacturing boost, IIP growth second highest since july 2022

CFO News

India's industrial production rose 5.2 per cent in January this fiscal, according to official data released on Friday. Factory output measured in terms of the Index of Industrial Production (IIP) grew 2 per cent in January 2022.

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Asyma Solutions and Limelight Announce New Partnership to Empower Sage & Sage Intacct Users

Lime Light

Asyma Solutions LTD. , a leading financial services consulting firm, and Limelight Software, a Cloud-based FP&A provider, are pleased to announce the launch of their new partnership. Through this partnership, Asyma and Limelight will combine their value-added services and innovative technology to bring new efficiencies to organizations’ financial activities.

Finance 52
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What is LEAN scheme: Govt’s roadmap to global competitiveness for MSMEs

CFO News

Government will contribute 90% of implementation cost for handholding and consultancy fees under the sheme. There will be an additional contribution of 5% for the MSMEs which are part of SFURTI clusters, owned by Women/SC/ST and located in NER.

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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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Catch a Falling Knife

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Carleton English, Joe Fahmy, and Downtown Josh Brown discuss moving averages, rate hikes, consumer spending, what Cathie Wood got right (and wrong), Silicon Valley Bank, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Banking 52
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Economic revival spurs blue-collar demand in India

CFO News

Data from Qjobs, a hiring solution for blue-collar jobs by Billion Careers, a Quess company, showed 39% year-on-year growth in the number of vacancies posted on the platform in February. Rapid technological advancement in various sectors is spurring the demand for skilled manpower. The sharp growth in online shopping and food delivery is leading to a surge in demand for delivery executives and logistics personnel.

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205: Bajabulile Mthiyane

CFO Talks

1X ‘Grace under fire ’ Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. Go to www.cfoclub.co.za and join our community of accounting and finance executives.

CFO 52
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Adani family looks to sell 4.5% in Ambuja Cements to raise funds

CFO News

These entities are looking to raise a little over Rs 3,000 crore through the proposed secondary sale. Equity amounting to 4.5% of the company may be sold by way of block deals, the people cited said.

Sales 52
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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.