Wed.Jan 18, 2023

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3 reasons to make accounts receivable a top priority

CFO Dive

Unpaid invoices take a nasty bite out of cash flow. Dean Kaplan writes that taking time early on to evaluate receivables and stratify accounts for fast attention will pay off.

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9 Trends That Will Shape Work in 2023 and Beyond

CFO News Room

In 2022, business leaders faced an increasingly unpredictable environment, with evolving return-to-office policies, higher employee turnover , and burned-out employees ( more than ever before , in fact). In 2023, organizations will continue to face significant challenges : a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn.

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Trending Sources

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Weak retail sales, manufacturing signal cooling economy

CFO Dive

The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.

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10 Best Paying Jobs in Life Insurance in 2023

CFO News Room

The life insurance industry offers some of the country’s top careers and highest-paying jobs. From agents to underwriters, plenty of career paths can lead you to a lucrative position in the life insurance field. With more than 2.8 million people currently employed in life insurance roles across the United States in 5,929 insurance companies, it’s clear that this is a great place to start your search for a high-paying job.

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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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Payoneer tees up Webster Bank exec for CFO

CFO Dive

Webster Bank alum Bea Ordonez will take the payments company’s finance reins in March after the current CFO Michael Levine steps away from the role.

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More Trending

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US to jack up fees for big mergers

CFO Dive

Filing fees are expected to soar this year and companies will need to prepare for increased regulatory scrutiny of M&A deals.

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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

The proverbial bottom line for success in business is the capacity to deliver profits, at least in the long term. Even though we live in an age where user platforms and hyper revenue growth can drive company valuations, that adage remains true. In fact, questions about profitability seem to have taken center place again, not only because a market pull back is a reminder that growth, by itself, cannot deliver value, but also because there are still unresolved debates about how much damage the COV

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Cyber, business interruption remain top global corporate risks

CFO Dive

Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.

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DIE Ruins Excellence in Orchestral Programming

CFO News Room

The League of American Orchestras (LAO) recently released a guide incorporating Equity, Diversity, and Inclusion in artistic planning for orchestras. They say the guide “lays out actionable strategies for orchestras seeking to diversify the repertoire they present, drawing on interviews with orchestras of all budget sizes.” While many orchestras are advocating for more diverse concerts and inclusive programming, this particular guide puts teeth in the mouth of artistic planning.

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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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Registration now OPEN for Future Proof 2023

The Reformed Broker

FUTURE PROOF FESTIVAL 2023 TICKET REGISTRATION IS NOW OPEN Join us September 10th-13th in Huntington Beach, CA! It’ll be the lowest rate you’ll ever pay to attend. Prices jump in 2 weeks. Use the link down below to register now. See you there[link] pic.twitter.com/BTO0RNivhJ — The Compound (@TheCompoundNews) January 18, 2023 Last September we threw the biggest wealth management festival (and proba.

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Microsoft, Moderna, Mobileye, Chegg and more

CFO News Room

Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters. Check out the companies making headlines in midday trading. J.B. Hunt Transport Services — The transportation stock jumped 4% after executives said on an earnings call that they expect to see the freight market rebound in second quarter going into third quarter as inventory resets.

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India’s buzzing economic activity belies fears of a slowdown

CFO News

The needle indicating so-called animal spirits moved right after holding steady for five straight months — indicating stronger overall economic activity as 2022 drew to a close. Consumer spending boosted tax collection and manufacturers signaled optimism about the future, while services sector saw expansion of new businesses.

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In Africa, FTX Posed as Haven From Tumbling Currencies, Inflation

CFO News Room

Weeks before cryptocurrency exchange FTX filed for bankruptcy , dozens of young Nigerians in skintight dresses and brightly colored suits shimmied under limbo bars, posed for photos in front of the company’s logo and sipped expensive liquor at a swanky beachfront venue. The party in Lagos, Nigeria, was part of the Bahamas-based exchange’s push into Africa, where, in the final days before its implosion, FTX was aggressively recruiting new customers whose funds are now stuck in bankruptcy proceedi

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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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Clips From Today’s Closing Bell

The Reformed Broker

Netflix is one of the biggest bouncers in the entire market, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money

CFO News Room

U.S. authorities designated cryptocurrency exchange Bitzlato Ltd. as a primary money-laundering concern and charged its founder for allegedly facilitating money laundering for criminals. The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia.

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What’s on CFO’s radar for 2023?

CFO Talks

CFOs face another unpredictable year. According to recent surveys, these factors are front of mind for many CFOs. The growing importance of FP&A The 2020s are shaping up to be a decade of uncertainty. Covid, then international conflict, supply chain disruption and inflation. 2023 brings the potential of a global recession. CFOs increasingly need to forecast for a multitude of scenarios.

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Let’s do a quick check-in on Thursday’s 10-year TIPS auction

Tips Watch

By David Enna, Tipswatch.com After another day of turmoil in financial markets, real yields slipped lower Wednesday heading into the Thursday’s originating auction for CUSIP 91282CGK1, creating a 10-year Treasury Inflation-Protected Security. A lot happened, I guess.

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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.

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Machine Learning and FOMC Statements: What’s the Sentiment?

CFA Institute

What do machine learning and natural language processing reveal about Federal Open Market Committee statements?

Marketing 101
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Is Private Debt Worth Considering As An (Alternative) Asset Class In Client Portfolios?

Nerd's Eye View

Many investors are familiar with private equity as an alternative asset class, which is popular with certain high-net-worth and institutional investors as a vehicle for diversification and a source of potentially higher risk-adjusted returns than what is available on the public market. However, less well-known is the related but distinct asset class of private debt, which, like private equity, focuses on opportunities outside of what is traded on the public market but deploys its capital in the

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Budget 2023: Textile industry angles for changes in import-export levies

CFO News

The textile industry is hoping for a removal of the 11% import duty on cotton and cotton waste to remain competitive against Bangladesh, among other changes in import-export taxes

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CFO Strategic Partners can lighten the load for CPA firms

CFO Strategic Partners

As businesses close the books for the year and prepare for tax returns, CPAs can often get a clearer picture when their clients need more help in accounting. Reporting issues that did not take priority during the year become more important when it’s time to reconcile and review financial statements. As companies grow, there’s often a need for extra help to catch up or provide assistance establishing processes to support that growth.

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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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Watershed Distillery x FocusCFO

Focus CFO

Founded in 2010, Watershed Distillery's quality spirits have put them on the map. Today, Watershed produces the number one selling Ohio-made bourbon and gin portfolios, along with an award-winning craft vodka and a variety of specialty spirits. FocusCFO is proud to have partnered with Watershed Distillery to provide them with strategic financial guidance for their journey toward sustainable, transferrable business value.

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Best practices to increase employee spend oversight

Future CFO

The Asian economy is turning around. According to Morgan Stanley Research , a survey of 100 global corporate travel managers found that many respondents believe their company's travel expenditures are already back to pre-pandemic levels and will continue to grow. As spending becomes more and more decentralised, employees are making spending choices with less and less oversight.

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India's GDP will hit $26 trillion by 2047, says EY report

CFO News

The study, titled "India@100: Realizing the Potential of a US$26 Trillion Economy," was launched by Ashwini Vaishnaw, the Railway and IT Minister, on the sidelines of the World Economic Forum in Davos, Switzerland.

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4 tips for making smarter spending decisions

Future CFO

When you think of every spending decision as an investment in your company, it’s easy to see how those choices – what to buy, where to buy it, and how to pay – present both opportunities and risks. When you’re getting the right price on the right raw materials, for example, it’s an opportunity to fuel your growth; when you’re not sure if you’re getting the prices, you negotiated or how much of your order will show up, well, that’s a risk.

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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.