Mon.Mar 20, 2023

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Two growth blockers too big to ignore

CFO Dive

Data and human limitations cap your ability to drive revenue. It’s time for AI to help us break through.

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Depositors Spooked: After Credit Suisse, Who’s Next? Q&A With Accelerate Financial Technologies CEO Julian Klymochko

Global Finance

Where might the next shoe drop in the banking sector? Accelerate CEO and ETF specialist Julian Klymochko has some surprising answers.

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Trending Sources

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Accountant shortages likely to yield more audit failures

CFO Dive

The shortage of workers with the core accounting skills needed to staff audits is making audit failures more likely, Hofstra University’s Jack Castonguay says.

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#245 – Superior Practices in Client Conversion

Strategic Treasurer

Episode 245 Superior Practices in Client Conversion In this episode of the podcast, Craig Jeffery of Strategic Treasurer and Steve Traut, SVP of Sales at Superior Press, have a discussion on best practices in client conversion. Steve walks us through several client conversion case studies. Read more here. Host: Craig Jeffery, Strategic Treasurer Speaker: Steve Traut, Superior Press Subscribe to the Treasury Update Podcast on your favorite app!

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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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IRS misses deadline for upgrading business transcript system

CFO Dive

The IRS has faltered as it shifts business tax transcript requests from a paper to an online system, according to the agency’s inspector general.

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More Trending

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Travel + Leisure CFO talks uptick in travel, bleisure

CFO Dive

Despite headwinds on travel from the pandemic, CFO Mike Hug has continued to capitalize on new opportunities within the industry.

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Supreme Court declines to stay NCLAT order to hold second round of auction for RCap assets

CFO News

The Supreme Court on Monday declined to stay the National Company Law Appellate Tribunal's (NCLAT) order to hold a second round of auction for RCap assets. A bench comprising Justices Sanjiv Khanna M.M. Sundresh declined to entertain Torrent's contention seeking stay on the NCLAT order and issued notice on its plea and fixed the matter for further hearing in August.

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Defunct Katerra sues former CFO for bonus

CFO Dive

The failed Softbank-backed startup is alleging its former CFO is obligated to pay back his signing and relocation bonuses amid intensifying scrutiny of executive compensation.

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Bajabulile Mthiyane on crisis management in the 2021 Unrest aftermath

CFO Talks

Written by Staff Writer “It was the most stressful period we have ever had to experience, not just myself as a CFO but the team in finance and the company,” Bajabulile Mthiyane, CFO at Sasria, told the CFOClub podcast. Sasria, the state-owned short-term insurer specialising in civil commotion, public disorder, riots, strikes and terrorism risk, faced insolvency after the 2021 riots. “We could see that if we were to go out and start paying these claims, in a couple of months, e

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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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Lessons from SEC’s $3M Blackbaud cyber penalty

CFO Dive

The Charleston, South Carolina-based software provider’s recent data breach settlement with the SEC serves as a cautionary tale for C-suite leaders.

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Payment behaviours likely to deteriorate in 2023 

Future CFO

Payment behaviours are likely to deteriorate in 2023 while the global liquidity gap of US$30 trillion is here to stay, said Allianz Trade recently when releasing a report on payment trends and working capital requirements. Report highlights Costly operations. Global Working Capital Requirements (WCR) for listed companies increased by +9 days to 72 days of turnover in 2022 – the largest annual increase since 2008 – following an increase of 3 days in 2021.

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Software vendors race to bet on ChatGPT craze

CFO Dive

Software vendors, including finance-focused Klarity Intelligence, are moving to quickly adopt the technology behind ChatGPT while also wrestling with data security issues.

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UBS-Credit Suisse merger: Role rationalisation may lead to job cuts at India-based tech centres

CFO News

Both UBS and CS have about 7,000 people each across three Indian cities in their technology centres. After the merger, role rationalisation is likely to lead to many job losses in these areas as UBS will seek to retain only the best talent at Credit Suisse.

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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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2 growth blockers too big to ignore

CFO Dive

Data and human limitations cap your ability to drive revenue. It’s time for AI to help us break through.

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India Inc's strong debt profile key to economy's macro stability: Finance Ministry

CFO News

"Tightening of financial conditions by central banks to tame inflation has raised concerns regarding the exacerbation of corporate debt vulnerabilities, with corporates being already highly leveraged," the ministry said, adding such concerns were limited for India.

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With tech’s favorite banks in turmoil, some are choosing loyalty

CFO Dive

After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

Banking 130
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GDP to grow at 7%; inflation set to moderate: Finance Ministry report

CFO News

This will provide a much-needed cushion to India's external sector at a time when the Fed is likely to raise rates further and ensure that India's external finances are not a major cause of concern, it said.

Finance 52
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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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Yes, This Is a Bailout of Credit Suisse

The Reformed Broker

On this special episode of Live from The Compound, Jesse Eisinger (senior editor and reporter at ProPublica) joins Michael Batnick and Josh Brown to discuss UBS acquiring Credit Suisse, ProPublica’s new insider trading expose, and much more! Follow Jesse on: Twitter Book Let us know if we can help you with your financial plan or portfolio: [link]. The post Yes, This Is a Bailout of Credit Suisse appeared first on The Reformed Broker.

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Amul wants to be a total food company: MD Jayen Mehta

CFO News

Speaking to ET in his first interview after succeeding RS Sodhi in January at the ₹61,000-crore brand owned by Gujarat Cooperative Milk Marketing Federation (GCMMF), Mehta, said: "Dairy remains our core, but we have a robust pipeline of growth; we want to straddle every foods category consumers use in the kitchen, and we are going about it with speed, scale and larger investments.

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Webinar: Bank Fee Management Webinar Series: Bank Account Management and Structures

Strategic Treasurer

Bank Fee Management Webinar Series: Bank Account Management and Structures May 16 and 17 Register Now Dates / Times Tuesday, May 16, 2023 11:00 AM – 11:30 AM EDT Wednesday, May 17, 2023 2:00 PM – 2:30 PM EDT Where This is an online event Speakers Jason Campbell, Strategic Treasurer Craig Jeffery, Strategic Treasurer Hosted By 0.6 CTP re-certification credits are pending for attendance to this live webinar.

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Shapoorji Pallonji Group creates holding companies for infra and realty verticals to improve cash flows

CFO News

The move will help improve operating cash flows since investments in long-lead businesses like infrastructure and real estate create timing mismatch, which puts debt burden on the balance sheet, officials said. Earlier all its diverse businesses, ranging from real estate and construction to oil and gas, were housed under one holding company - Shapoorji Pallonji and Co (SPCPL).

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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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How Does Equipment Financing Work?

Commercial Credit Group

Equipment financing is when you obtain a loan to purchase equipment. However, equipment financing can also include equipment refinancing , which can result in reduced monthly payments or cash out (working capital). And whether you are financing the purchase of a new or used machine, or refinancing, the process is similar.

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Demand robust, aviation sector to see strong growth, say executives

CFO News

India's largest airline, IndiGo, said the carrier is entering its next phase of growth and will heavily invest to increase domestic capacity despite the market being crowded.

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How to Grow a Nonprofit: 5 Marketing Strategies

The Charity CFO

Growth: likely a key point in any strategic plan and something that is the top of mind for many leaders. How to grow your nonprofit is, after all, the key to strengthening your work, achieving your mission, and making an impact. Strategy decisions ultimately come down to being able to continually operate your programs and execute on your goals. Growth can mean many different things to different people.

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RBI fines RBL Bank for non-compliance with rules on loan recovery agents

CFO News

The RBI noticed "deficiencies in regulatory compliance" after it examined complaints received against the Mumbai-based lender's recovery agents during the financial years 2018-19 to 2021-22, the central bank said in a statement.

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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.