Tue.May 02, 2023

article thumbnail

Bid for business-friendly ChatGPT seen facing long haul

CFO Dive

Cybersecurity experts say it may be a long while before ChatGPT can be trusted to handle sensitive business data, despite recent steps by the popular AI tool’s creator.

307
307
article thumbnail

What Is an ERP Specialist? Exploring the Role

Navigator SAP

Equipping your business with the right tools can help you stay ahead of the competition—even if you operate in a highly saturated industry like professional services.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Record high office vacancies spur sublease discounts

CFO Dive

The U.S. office vacancy rate ticked up to a 30-year-high of 17.8% in the first quarter as hybrid work and recession fears weighed on demand, according to CBRE.

310
310
article thumbnail

JPMorgan Steals First Republic!

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Uber Earnings – “Based on data from Bloomberg, 262 companies in the $spx have reported, sales growth in 1Q is 4% and earnings growth is -2.69%” ►Cap Weighted Rules – “It’s rare for t.

Finance 125
article thumbnail

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.

article thumbnail

Vertice reports spike in AI software spending

CFO Dive

AI’s share of overall software spending across the Vertice network grew to 1% by the end of March, up from 0.2% at the start of the year, a five-fold increase.

263
263

More Trending

article thumbnail

Fed mulls rate hike as wage gains beat forecasts, fuel inflation

CFO Dive

Compensation by one measure is rising at the fastest pace since 2008, stoking expectations that policymakers on Wednesday will further increase borrowing costs to quash inflation.

article thumbnail

Global supply chain ease may moderate inflation, growth in key sectors seen

CFO News

A World Economic Forum Chief Economist Outlook report said India is among the countries including Vietnam, Thailand, Indonesia, Mexico, Turkey and Poland which stand to gain from the ongoing supply chain changes, India's supply chain was heavily disrupted by Covid-19 restrictions and geopolitical situations in Ukraine in the last two years.

Economics 105
article thumbnail

Therabody swipes second Atkins alum as CFO

CFO Dive

The Theragun maker is continuing its C-suite transformation with a new CFO as it looks to push forward into the broader, everyday health and wellness space.

CFO 258
article thumbnail

No priority for worker dues after liquidation under IBC

CFO News

"The waterfall mechanism is based on a structured mathematical formula, and the hierarchy is created in terms of payment of debts in order of priority with several qualifications, striking down any one of the provisions or rearranging the hierarchy in the waterfall mechanism may lead to several trips and disrupt the working of the equilibrium as a whole and stasis, resulting in instability," the bench said.

98
article thumbnail

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.

article thumbnail

Qantas CFO named company’s first ever woman CEO

CFO Dive

Australian airline company has promoted finance chief Vanessa Hudson, a 28-year company veteran, to CEO.

CFO 262
article thumbnail

India's services sector growth hits near 13-year high in April

CFO News

Activity in both manufacturing and services remained robust, pushing the overall S&P Global India Composite PMI Index to 61.6, the highest level since July 2010.

article thumbnail

#FA Success Ep 331: Getting Comfortable Hiring Advisors ‘Early’ As The Advisory Business Revenue Grows, With Jake Northrup

Nerd's Eye View

Welcome back to the 331st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jake Northrup. Jake is the Founder of Experience Your Wealth, an independent RIA based in Bristol, Rhode Island, that advises 78 client households with a 3-person team supporting more than $550,000 of ongoing revenue. What's unique about Jake, though, is how he’s been able to grow to over $550,000 of revenue in just 4 years since launching from scratch, and how he realized that becau

article thumbnail

CFOs Wanted: Startups Lack Strong Financial Hands

Global Finance

Many startups were unable to access their funds during SVB's demise in part because they lacked CFOs.

article thumbnail

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

article thumbnail

When Automation Can Only Result In Time Increasing

Spreadym

Oddly enough, the implementation of a business automation system does not always lead to a significant reduction in the time that it takes to complete business tasks. It's not always bad for the client, and we will tell you why. For instance, the process of introducing a plan and budget for the next financial year in a medium-sized company can take about six months in case of manual collection and consolidation of data without enterprise planning and budgeting software.

article thumbnail

China’s reopening will boost APAC growth, aid recovery in some sectors

Future CFO

China's reopening will spur a rebound in its economic growth, which in turn will affect economies and businesses across Asia-Pacific through direct trade, inflation, commodity prices, investment flows and supply chains, said Moody’s recently. Economies with large direct trade and investment exposure to China, and companies in sectors related to consumer goods, tourism and construction, will benefit the most, the firm noted "Pent-up demand from China will provide a modest boost to growth across A

article thumbnail

Centre confident of meeting FY23 fiscal gap target of 6.4%

CFO News

The fiscal deficit numbers for FY23 will be formally released by the government at the end of May. The second advance estimate for FY23 released on February 28 pegged nominal GDP at ₹272 lakh crore, lower than budgeted ₹273.1 lakh crore. The provisional estimate of the full-year (FY23) GDP will be announced on May 31.

article thumbnail

Understanding and driving finance transformation in 2023

Future CFO

In its perspective, Finance 2025: Digital transformation in finance , Deloitte predicts that with the automation of operations, finance will double down on business insights. Interestingly, Deloitte cautions that despite these efforts, success is not assured. "Whether finance continues to direct the resources currently under its control will be dependent on its ability to add value.

Finance 52
article thumbnail

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.

article thumbnail

Amazon, Samara look to own less in retail chain More, may shed up to 20% stake

CFO News

The Amazon-Samara combine has approached family offices and domestic capital investors for this round, according to the sources, who said the planned share sale comes ahead of a potential public listing in the next 12-18 months.

Retail 52
article thumbnail

Transcript: Benjamin Clymer & Jeffery Fowler, Hodinkee

Barry Ritholtz

 The transcript from this week’s, MiB: Benjamin Clymer and Jeffery Fowler of Hodinkee , 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.

Retail 63
article thumbnail

Go First files for insolvency proceedings, suspends flights; DGCA issues show cause notice

CFO News

"Go First deeply regrets the current situation, which has forced it to apply to the NCLT. With Pratt & Whitney failing to abide by the directions in the emergency arbitrator’s award by providing spare leased engines, and with further engine failures expected in the next 3-4 months, the operations of Go First will be made unviable," said the company statement.

52
article thumbnail

10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train WFH reads: • Why Is Inflation So Sticky? It Could Be Corporate Profits : Economists think some companies may have been raising prices faster than their costs have increased, making it harder for inflation to fall ( Wall Street Journal ) • The FAAMGs are more than just five stocks : The thought of a few companies accounting for so much of the market is jarring, and it’s the kind of thing that you might consider a market vulnerability.

article thumbnail

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.

article thumbnail

Reliance, Adani, Vedanta among companies in race for Bhadreshwar Vidyut

CFO News

Resolutions of both SKS Power and Lanco Amarkantak are yet to be concluded. Both Reliance and the Adani Group had also submitted expressions of interest for Future Retail, which was admitted for insolvency last year.

Retail 52
article thumbnail

Government may adopt Fema-like valuation norms for angel tax

CFO News

The Reserve Bank of India (RBI) administered Foreign Exchange Management Act (FEMA) accepts valuation by a Sebi-registered Category 1 merchant banker using any internationally accepted pricing methodology applied on an arm’s length basis.

article thumbnail

Large companies may get margin breather on derivatives deals with banks for hedges

CFO News

The margin framework, which owes its origin to the financial meltdown of 2008, is aimed to reduce risks and contagion damages of volatility and default in over-the-counter, or one-to-one that banks cut with companies and other banks.

Banking 52
article thumbnail

Hindustan Zinc's all-cash bid for Vedanta's assets lapses: sources

CFO News

Hindustan Zinc Ltd's $2.98bn cash bid to acquire certain zinc assets from Vedanta Group has lapsed as Indian rules prevent listed companies from taking longer than three months to get approval from minority shareholders, which Hindustan Zinc failed to do. The Indian Government opposed the deal, saying that it was a "related party transaction” and discouraged the deal from being funded by cash reserves.

52
article thumbnail

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.