Mon.Mar 27, 2023

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Leadership traits executive recruiters look for

CFO News

The average tenure for C-suite roles is approximately 4.9 years, and executive recruiters are often the first port of call for companies and leaders when searching for suitable candidates. When recruiting a new leader, one must ensure that they possess self-motivation, critical thinking, deep analytical thinking and the ability to learn continuously.

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The next frontier of customer engagement: AI-enabled customer service

Mckinsey and Company

AI-enabled customer service is now the quickest and most effective route for institutions to deliver personalized, proactive experiences that drive customer engagement.

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Datarails aims for ‘grounded’ ChatGPT-like FP&A tool

CFO Dive

The tech company’s goal is to provide CFOs with a tool in the style of the popular ChatGPT service, but without some of the same accuracy and data privacy challenges.

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Space: The missing element of your strategy

Mckinsey and Company

The space sector is at an inflection point similar to what commercial air travel experienced after World War II and the internet saw in the 1990s. Is your company ready to capture the opportunity?

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8 Sins of a Manual Reconciliation

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

Business operations are getting increasingly complex, shareholders are demanding more, and your auditors are breathing down your neck like never before. In this high-pressure environment, it’s important to remember that reconciliation activity is your last line of defense against financial fraud and errors. Insisting on a manual process to handle month-end reconciliations is a risky endeavor that places an undue burden on your accounting team.

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Talent shortage frustrates internal auditors

CFO Dive

As AI swiftly extends the finance function’s potential for efficiency, audit leaders are concerned about the lack of skilled workers to support new advancements.

Auditing 244

More Trending

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Hertz CAO takes interim CFO seat

CFO Dive

Hertz’s CAO will assume interim financial leadership as the company looks to take advantage of recovering travel and boost its technology investments.

CFO 238
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What is agile?

Mckinsey and Company

Agile is a way of working that seeks to harness the inevitability of change, rather than resist it.

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FASB issues lease standards update

CFO Dive

The changes to lease accounting standards (Topic 842) provide narrowly targeted relief for some companies grappling with the guidance from 2016.

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Infrastructure technologies: Challenges and solutions for smart mobility in urban areas

Mckinsey and Company

Smart mobility solutions can transform city living and improve quality of life—but are difficult to implement at scale. A collaborative, ecosystem approach could be the way ahead.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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Climate change shareholder proposals trending toward record

CFO Dive

Debate has flared in recent months over whether businesses and institutional investors should use ESG criteria when making decisions.

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Winner takes all? Digital in the utility industry

Mckinsey and Company

With the utility industry so fragmented across North America, can digital platforms enable it to consolidate at scale, resulting in lower prices, better service, and more satisfied customers?

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FP&A is the sexiest job in finance

Fpanda Club

FP&A is the sexiest job in finance… While this may seem like an overstatement, FP&A positions are becoming incredibly popular and sought-after. Many finance professionals are starting to feel that they are too focused on historical data, reporting, compliance, etc. Moving into FP&A from other fields of finance, such as accounting and audit, has recently become very trendy.

Finance 130
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Food plight

Mckinsey and Company

Disruptions to the world’s food system are deepening the global food crisis. Efforts by the grocery industry and consumers can help prevent a worsening scenario.

Retail 224
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Chit Chat: Elevating the Month-End Close Process Through Automation – Lancaster Leaf

Speaker: Raul Perez, VP and CFO of Lancaster Leaf

Lancaster Leaf Tobacco Co Inc. is a subsidiary of Universal Corporation, the leading global leaf tobacco supplier. Lancaster Leaf supplies virtually all the major cigar manufacturers in the U.S. with filler, binder, and wrapper, and exports filler, binder, and wrapper to international cigar manufacturers. This all could mean a complicated month-end close - before automation.

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Accelerate Research With The Right ERP for Research Organizations

Navigator SAP

With the growing competition in the business world, companies are constantly under pressure to enhance the quality of their products and services while simultaneously improving their competitiveness. This is why so many companies staff internal research departments or work closely with external Research Organizations to develop new and improved products.

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A shock to lending standards

The Reformed Broker

This is it. The only chart you need to concern yourself with now if you’re trying to figure out where the economy is heading. Construction and Industrial (C&I) loans are a $2.8 trillion business (approximately) for banks all over the country. If they roll over, we have a soft landing. If they roll over hard, we have a hard landing. It’s not complicated, the only thing that’s up in the air is the tim.

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Kamdhenu Group CFO targets 20% growth in steel business for FY24

CFO News

Harish Kumar Agarwal expects to close the current financial year with a brand sales turnover of Rs 20,000 crore, banks on franchise route to grow capacity to 50 lakh tonnes.

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How Marketing With The CFP Marks Reduces Client Acquisition Costs And Accelerates Revenue Growth

Nerd's Eye View

When consumers shop around before buying a good or service, many factors can play a role in their final decision, from previous experiences to the recommendations of friends and even to the companies’ branding. And when it comes to how a consumer perceives a brand, there are three critical components that come into play: brand awareness (simply knowing that the brand exists), recognition (recognizing a brand for its unique components and features), and brand equity (the value associated wi

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Consolidation Solution Checklist

Finally, a solution for all. The need for a consolidation engine varies from one organization to the next. Mid-market companies have been forced to rely on standalone Excel and Tylenol for too long. Download the checklist to see if it’s a consolidation solution that’ll get rid of those darn headaches.

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Transcript: Dominique Mielle

Barry Ritholtz

 The transcript from this week’s, MiB: Dominique Mielle, Damsel in Distressed , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , 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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Adapt. Automate. Accelerate.

CFO News

Tech solutions today aim not just to simplify processes but to automate them, impacting how we work, innovate, and perceive the industry altogether.

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Rein in rogue spending by automating accounts payable

Future CFO

As businesses usher in a new year, the uncertain economic climate has dampened some of the enthusiasm that spurred the first months of the post-pandemic recovery. While efforts to streamline the business often focus on cutting resources like budgets and headcount, organisations should also shine a light on what is typically a blind spot – rogue spending.

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Government likely to extend PAN-Aadhaar linking deadline; may charge late fee

CFO News

Currently, the last date for linkage of PAN-Aadhaar is March 31, 2023. However, the government is likely to extend the deadline by another two-three months. The Central Board of Direct Taxes could issue a notification to this effect soon, a government official, privy to the development, told ET.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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Investment planning: Sustainability metrics to be CFO’s standard practice by 2026

Future CFO

When it comes to investment planning, the majority of public companies will update their methodologies to include sustainability metrics as a key part of their return on investment (ROI) analysis by 2026, said Gartner recently. The shift from viewing sustainability solely as a source of risk management to a new driver of returns will be transformative for many companies, the advisory firm noted.

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Adani seeks more time to pay ACC, Ambuja debt

CFO News

The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year for the acquisition of its cement assets - ACC and Ambuja Cements - from Switzerland-based Holcim group, said multiple sources aware of the ongoing negotiations.

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 6 Ways Power Platform Boosts Efficiency in Healthcare

Collectiv

Out of 11 high-income countries, the U.S. came dead last in both performance and efficiency in healthcare. Administrative costs account for 15% to 30% of all U.S. medical expenses, many times higher than in comparable countries. And “at least half” of that spending “does not contribute to health outcomes in any discernible way.” Among the top challenges in healthcare, suboptimal clinical workflows and personnel shortages or burnout directly impact operational efficiency.

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India Inc's Q1 hiring intent slips 4%: Report

CFO News

According to the survey, which covered over 800 small, medium and large companies in 14 industries, 64% of the firms plan to increase their manpower resource pool in Q1 of FY24, down from 68% in Q4 FY23 as companies turn more cautious about their hiring plans.

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Live Demo: Bring Magic to Your Month-End Close

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

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, almost like magic! 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 au