Fri.Jan 06, 2023

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How CFOs can purge quiet quitters

CFO Dive

As finance leaders grapple with labor shortages and talent woes, establishing a strong culture of performance management is key, a Stanton Chase executive says.

Finance 331
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17 Best Ways to Invest $2,000 to $3,000

CFO News Room

Having $2,000 to $3,000 to invest is a good feeling, but how you allocate those funds can impact your finances more than you might realize. Where investing your small nest egg and adding to it regularly can lead to significant returns over time, stuffing $2,000 to $3,000 in cash under your mattress can mean losing money to inflation over time. Before you decide where to invest $2,000 to $3,000, think about when you’ll need the money.

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4 CFO trends to watch in 2023

CFO Dive

Fed efforts to curb inflation, an imbalance in the demand and supply of workers and clarification of accounting standards are among the CFO trends this year.

CFO 289
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Construction Industry Looks to 2023

CFO News Room

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. These four gentlemen, Brad Bullock, Justin Mock, James Seela, and Tom Tornee have over 85 years of combined experience in the construction industry, and over 35 years with CCG (that’s a lot of experience).

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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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Five ways to combat CFO burnout

CFO Dive

CFO burnout can lead to heavy company losses. There are ways to avert work fatigue.

CFO 252

More Trending

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Billionaires Index

Barry Ritholtz

Source : Bloomberg Billionaires Index. I was in the midst of my analysis of how the Fed would react to softening wage gains in the NFP data, when the markets exploded 2.5% higher. The Fed is very concerned that the perennially underpaid median worker has been seeing wage increases. The past few years follows 3 decades of lagging income. It kinda killed my motivation to write yet another pierce discussing Fed actions.

Marketing 117
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Services-Sector Sees a Plunge in New Orders in December

CFO News Room

The Institute for Supply Management’s NMI composite services index decreased to 49.6 percent in December, sinking 6.9 points from 56.5 percent in the prior month. December was the first drop below the neutral 50 threshold following 30 consecutive months of expansion for the services sector (see top of first chart). The December ISM surveys suggest a contraction in the services and manufacturing sectors, a very ominous sign should the results persist in the coming months. .

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India's GDP may grow 7.0% this fiscal, first advance estimates show

CFO News

India's economy is expected to grow 7.0% in the current financial year, according to the first advance estimates by the National Statistical Office (NSO) released on Friday. New Delhi had pegged India's growth at 8.7% in the last fiscal year that ended March 31, 2022. The RBI had projected the real GDP growth for 2022-23 at 6.8 per cent, with the third quarter at 4.4 per cent and the fourth at 4.2 per cent.

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December’s jobs report fuels optimism that the economy could still pull off a soft landing

CFO News Room

A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters. December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing. But economists disagree on whether that will be the case, given that a strong jobs market could continue to ignite price increases in the service sector and keep the Federal Reserve raising interest rates

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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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Short Squeezes: A Four-Factor Model

CFA Institute

To identify whether a stock might become the target of a short squeeze, there are four criteria to keep in mind.

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India’s Middle Class Needs Free Trade

CFO News Room

Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. He focuses on the region’s politics, economics and foreign policy. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Previously he worked as the New Delhi bureau chief of the Far Eastern Economic Review (FEER), and as Indonesia correspondent for FEER and The Wall Street Journal Asia.

Economics 100
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Torrent bids ?8,640 cr upfront for Reliance Capital

CFO News

Torrent and Hinduja have structured their resolution plans such that the net present value (NPV) is pegged at the respective bids they made at the December 21 auction. This is done to comply with the terms of the auction, the people said.

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What Marketers Need to Know About the FTC’s Updated Guidelines on Health Claims

CFO News Room

Federal Trade Commission guidelines for advertising health-related products just got a big refresh—and they could be a rude awakening for marketers making overzealous claims about products such as supplements or health apps. . The agency in late December published its “ Health Products Compliance Guidance” to update and replace its 1998 guidance titled “Dietary Supplements: An Advertising Guide for Industry.

Marketing 100
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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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Reserve Bank of India puts on hold NUE licensing

CFO News

The regulator will not grant permission to any of the six consortiums to commence business as all of them have fallen short of the RBI's expectations, said people familiar with the matter.

Banking 52
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Business too Small for a Bonus Plan? Maybe not…

Focus CFO

I recently talked with a business owner that thought their business could not afford an incentive plan for its employees. It was just too small and too early since it was a startup. His observation was that other business owners had tried bonus plans and had less than successful results. Do you feel the same way about your business? Should this really be the case?

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Luxury car sales growth outpaces broader industry

CFO News

As per industry estimates, about 37,000-38,000 luxury vehicles were sold in India in 2022, an increase of around 50% from the year before but missing the all-time high of around 40,000 units in 2018. Sales in the mainstream segment grew 23% to 3.79 million units last year, with vehicles priced upwards of ₹10 lakh accounting for 41% of the volume.

Sales 52
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Construction Industry Looks to 2023

Commercial Credit Group

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. These four gentlemen, Brad Bullock, Justin Mock, James Seela, and Tom Tornee have over 85 years of combined experience in the construction industry, and over 35 years with CCG (that’s a lot of experience).

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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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Geopolitical fragmentation offers trade opportunity for South Asia: CEA

CFO News

"'When the pie is growing for everybody, there is no need to worry about market share. But when the pie is not growing as big, or when there are countries looking at national security angles, other than efficiency angles, then it is about market share, which means focusing on competitiveness, focusing on market share gains, and that I think is an opportunity for South Asian countries," the CEA said.

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It’s GLD, b*tch!

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, JC Parets, Steve Strazza, and Downtown Josh Brown discuss why JC is bullish precious metals, Bitcoin’s make or break moment, what Warren Buffett’s buying, value vs growth, and MUCH more. You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Ola to buy 1500 acres in Tamil Nadu for EV factory

CFO News

Ola is expected to invest around Rs 1 lakh crore by the end of the decade in the ‘electric vehicles’ park that it is setting up at the Krishnagiri district in Tamil Nadu, sources told TOI.

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Have Central Bank Interventions Repriced Corporate Credit? Part 2

CFA Institute

Is there evidence of an ECB put in European credit markets?

Banking 88
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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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Optional I-T for low-income bracket: FM

CFO News

The minister said along with the old tax regime, the government has come up with a parallel system which has no exemptions, but with simpler and more favourable tax rates.

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How Businesses Should (and Shouldn’t) Respond to Union Organizing

CFO News Room

Picture this: You’re the proud CEO of a successful company, known for being a great place to work, and you open the news to find that your biggest competitor’s workforce is unionizing. You knew about the new wave of organized labor, but you never thought it would happen in your industry. Now you start to wonder if you might be next. It’s a reasonable concern.

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Unitech, former directors booked by CBI in fresh bank fraud case of Rs 395 crore

CFO News

The company was allegedly enjoying a vendor bill discounting (VBD) facility, a kind of credit, of Rs 400 crore from the IDBI bank in 2012, the officials said.

Banking 52
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Data Update 1 for 2023: Setting the table!

Musings on Markets

In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one, I will start on the first of a series of posts that I make at the start of each year, where I look at data, both macro and company-level. In this post, I will provide a motivation, if you need one, for why I create and share the data updates, followed up by a description of my data sample, which includes publicly traded companies listed and traded across the world, as well a

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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.