Wed.Nov 16, 2022

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The CFO’s guide to the first 365 days

CFO Dive

In many ways, the first year in the CFO seat is like a road trip. You’ll need to prepare before you get in the car, listen carefully to your travel companions and keep an eye on the dashboard.

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5 Lessons from Automakers on Navigating Supply Chain Disruptions

CFO News Room

As the frequency and magnitude of supply chain disruptions continue to grow, it would be understandable if business leaders’ first instinct is to respond by trying to correct every single flaw or mistake, no matter what it takes, so each disruption never happens again. But it’s becoming increasingly clear that a 100% resilient supply chain is unattainable.

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Trending Sources

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Most auditors pessimistic about economy: CAQ

CFO Dive

Inflation ranks as the top threat to U.S. companies in the coming months, according to auditors surveyed by the Center for Audit Quality.

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Questions To Ask When Communicating With Clients In Crisis

CFO News Room

Executive Summary. With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. And as crises arise and stress builds up, some clients may reach a tipping point where they seek out their advisor looking for answers to ensure their financial plan remains on track.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Scotts Miracle-Gro CFO gets $1.45M signing bonus

CFO Dive

A record number of initial public offerings last year reduced the supply of CFO talent, giving seasoned executives such as Matthew Garth leverage in job negotiations.

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More Trending

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Graham’s new Leaf Group CFO eyes growth

CFO Dive

Ross Landsbaum left Therabody to take the CFO seat at Leaf Group, which has been vacant since June 2021.

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Sick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties

CFO News Room

Yves here. Thanks above all to the pioneering and in-depth work of Eileen Appelbaum and Rosemary Batt, the press, Congresscritters, and the victimized general public have gotten an idea of how private equity’s exploitation of the many chokepoints in health care has enabled them to profit greatly to our collective detriment. The headline story, on dental abuses, is appalling but far from uncommon.

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How Many Modules of ERP Are There?

Navigator SAP

In the past, some businesses managed their data spreadsheets by dedicating entire rooms to the storage and management of filed documents. The daunting task of collecting and organizing financial and operational data in a shared database is now efficiently performed by ERPs, an acronym that stands for “Enterprise Resource Management.”.

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Motor Vehicle Production Boosts Manufacturing Output in October

CFO News Room

Total industrial production decreased by 0.1 percent in October after increasing by 0.1 percent in September. Total industrial production is down in four of the last six months. Over the past year, total industrial output is up 3.3 percent (see first chart). Total industrial capacity utilization decreased 0.2 points to 79.9 percent from 80.1 percent in September.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Glamour

The Reformed Broker

Glamour is a supernatural form of mental compulsion or influence that is specific to vampires. Glamouring is similar to hypnosis, and while all vampires have this power, it needs to be taught as it does not appear to come naturally… The process of glamouring begins with eye contact between a vampire and a respondent. Once eye contact is made, the respondent is held in a trance, making them susceptible to the pow.

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Bumble, Rivian, Dutch Bros, FICO and more

CFO News Room

The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters. Check out the companies making headlines in after-hour trading. Bumble – The dating app company plummeted 15% after it reported third-quarter revenue below Wall Street’s expectations, according to StreetAccount.

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Light Posting Due to C19…

Barry Ritholtz

So, the whole house is down with Covid. I had some minor symptoms I assumed were vaccine side effects, but I kept testing negative. By the time I tested positive it was way too late for Paxlovid. I isolated to keep everyone else safe. Too late! Mrs. Big Picture went from no symptoms to full-on flu 2 days after me. Paxlovid helped her dramatically — she went from worse than me to much better in 24 hours.

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SAP Business ByDesign - Release 2211 Overview Webinar

Navigator SAP

SAP Business ByDesign - Release 2211 Overview Webinar.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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How Do Cryptocurrencies Correlate with Traditional Asset Classes?

CFA Institute

The crypto market’s recent gyrations necessitate a fresh look at the evolving relationships between crypto and traditional asset classes.

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The Key to Modern Financial Reporting: Leveraging Data to Withstand Volatility

Centage

It’s no secret that we’re living in a time of significant economic upheaval. In light of the current volatility, with a probable recession just around the corner, it’s more important than ever that companies take steps to protect their financial futures, and that means utilizing data to its best advantage. Recognizing that organizations with access to and insights into the most data have the best chance of weathering the downturn, savvy business owners are taking steps to improve their financial

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Discussing Inflation And Market Turmoil Using Questions To Navigate Difficult Client Conversations

Nerd's Eye View

With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. And as crises arise and stress builds up, some clients may reach a tipping point where they seek out their advisor looking for answers to ensure their financial plan remains on track.

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How Goals-Based Portfolio Theory Came to Be

CFA Institute

Investing is never done in the abstract. Investing is — and always has been — goals-based.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Clips From Today’s Closing Bell

The Reformed Broker

Stocks aren’t fully pricing in a recession, 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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Finance digital transformation in Singapore faces multiple hurdles

Future CFO

Finance digital transformation in Singapore is seeing various challenges, said Workday recently when releasing results of a survey. A majority of Singapore companies are still lagging in finance digital transformation, with only 3% of Singapore finance and IT leaders reporting that they currently have a robust digital finance transformation strategy, according to Workday’s latest survey: The CFO and CIO Indicator Study.

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Understanding Nonprofit Reports & Reporting Best Practices

CFO Selections

At any nonprofit organization reporting tells the story of what is happening and why. But reports are not simply a snapshot of where the organization is today. They are a critical piece of information to predict where the organization will be tomorrow. All nonprofits do some combination of financial reporting, management reporting, and board reporting.

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Building a high-performance revenue team

Anaplan

Learn what it takes to effectively execute sales plans and achieve business goals. In this sales leadership forum discussion, you’ll hear recommendations for building a better strategy and driving top […].

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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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7 Pitfalls of ESG Reporting

Qubix

As we become increasingly aware of the impact our actions have on the environment, businesses must take steps to become more sustainable. ESG reporting is one way to measure and track a company’s progress.

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Sales Management Association report: Sales planning practices

Anaplan

Make sure you catch all your revenue opportunities. With fast, efficient, and accurate planning, you can improve performance and reach growth goals. The research shows it. Read the SMA report […].

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • Boring is Beautiful in Investing : Successful investing should be boring. It should be long-term in nature. It requires patience and discipline and the ability to ignore the madness of the crowds. ( A Wealth of Common Sense ). • Dear Elon, I can save Twitter for you. Here are my terms : No matter, no matter. Plainly we both love Twitter, despite its faults and flaws.

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Four obstacles to driving predictable revenue

Anaplan

Find out how to build a solid foundation for revenue attainment, so your sales and revenue teams can deliver revenue reliably and profitably. Read our white paper for tips to […].

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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.