Mon.Aug 14, 2023

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Mixing whiskey and blockchain: A CFO’s perspective

CFO Dive

Blockchain is helping Metacask to modernize the sale and ownership of whiskey casks — highlighting the technology’s business potential, writes CFO Andrew Kennard.

CFO 224
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Nobody Knows Anything, Calvin & Hobbes edition

Barry Ritholtz

Previously : Nobody Knows Nuthin’ (May 5, 2016) Can Anyone Catch Nokia? (October 26, 2022) Why the Apple Store Will Fail (May 20, 2021) “No matter how you cut it, you’ve got to own Cisco” -2000 (May 15, 2023) Nobody Knows Anything, 2023 First Half Edition (June 30, 2023) Nobody Knows Anything (Collection) The post Nobody Knows Anything, Calvin & Hobbes edition appeared first on The Big Picture.

Finance 98
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Trending Sources

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Daimler Truck CFO died of wasp sting: reports

CFO Dive

The company’s chairman and CEO will temporarily assume CFO duties while Daimler searches for a successor to former finance chief Jochen Goetz.

CFO 241
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India's retail inflation surges to 7.44 per cent in July, breaches RBI’s tolerance limit

CFO News

The CPI based inflation breached the upper limit of the Reserve Bank of India’s (RBI) tolerance band of 2-6 per cent after staying within for four consecutive months.

Retail 98
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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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Is Tesla’s ‘Master of Coin’ the CFO white whale?

CFO Dive

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

CFO 206

More Trending

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CEOs plan to raise wages at least 3%: Conference Board

CFO Dive

U.S. companies across a range of industries seek to gain an edge in an unusually tight labor market by increasing pay.

Planning 229
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Moving On From Clients Who Aren’t A Fit By Establishing ‘Kill Criteria’ To Protect Yourself

Nerd's Eye View

When a financial advisor first opens their own firm, they often start with few (or no) clients and little revenue. And while they might have an ideal target client in mind, it can be tempting to bring on any client who can pay the advisor’s fee so that the advisor can simply ‘keep the lights on’ But as the firm grows, these initial clients might not generate as much revenue as the firm’s newer clients, perhaps because they were grandfathered into a lower annual fee schedu

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3 ways to optimize costs and deliver more value when uncertainty is looming

CFO Dive

Shift from basic cost-cutting tactics toward more strategic cost optimization. And doing it all with an eye toward owning—not reacting to—the disruption.

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SaaS Finance and SaaS FP&A: 5 Key Financial Metrics

Lime Light

SaaS finance and SaaS FP&A require a different approach; SaaS companies are disrupting the way products are brought to market and how services are delivered to customers. It’s a market that moves at hyperspeed, and to keep up with this new breed of business model, companies must make even faster decisions that lead to growth. Set to reach nearly $600 billion , the SaaS industry is poised to dominate markets for years to come, expected to account for 85% of all business apps by 2025.

Finance 52
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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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Elevance snags Moody’s exec for new CFO

CFO Dive

The health insurer’s current CFO John Gallina is leaving after almost three decades in various leadership roles at Elevance.

CFO 130
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Moving On From Clients Who Aren’t A Fit By Establishing Criteria To Protect Yourself

Nerd's Eye View

When a financial advisor first opens their own firm, they often start with few (or no) clients and little revenue. And while they might have an ideal target client in mind, it can be tempting to bring on any client who can pay the advisor’s fee so that the advisor can simply ‘keep the lights on’ But as the firm grows, these initial clients might not generate as much revenue as the firm’s newer clients, perhaps because they were grandfathered into a lower annual fee schedu

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The Fallout from Silicon Valley Bank: Evaluating the Implications for CFOs

CFO Selections

The collapse of Silicon Valley Bank (SVB) was a sudden jolt to the banking system. SVB was a leading financial institution founded in 1983 that catered to the tech industry. This unexpected development has had far-reaching consequences, particularly regarding risk evaluation for Chief Financial Officers (CFOs) tasked with assessing and mitigating potential risks within their organizations.

Banking 52
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925: A.I. and the Hands of Time | Scott Bennion, CFO, Paystand

CFO Thought Leader

If Paystand CFO Scott Bennion were to break his three-decade-long finance career into different chapters, the software finance leader would likely agree that he and many of his peers have recently opened a new one. As a starting—or concluding—point, the chapter that has just ended might simply be titled “The Data Set,” in order to focus our attention on the means by which Bennion and others of his ilk have over the past decade extended their lines of sight into the business well beyo

CFO 52
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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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Emerging risks for enterprises now includes Generative AI

Future CFO

Emerging risks for enterprises now includes AI as technologies such as ChatGPT and Google Bard has become widely available, said Gartner recently. “Generative AI was the second most-frequently named risk in our second quarter survey, appearing in the top 10 for the first time,” said Ran Xu director, research in the Gartner Risk & Audit Practice.

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RBI may not act in a hurry despite a surge in CPI

CFO News

Despite reduced fears of adverse impacts from El Nino on India's Kharif output, risks from oilseeds and pulses inflation could push consumer inflation, according to economists. However, the Reserve Bank of India (RBI) may prefer to wait and assess Q3 and Q4 numbers before taking action. Prolonged pauses by major central banks are also expected globally.

Banking 52
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SaaS Finance and SaaS FP&A: 5 Key Financial Metrics

Lime Light

SaaS finance and SaaS FP&A require a different approach; SaaS companies are disrupting the way products are brought to market and how services are delivered to customers. It’s a market that moves at hyperspeed, and to keep up with this new breed of business model, companies must make even faster decisions that lead to growth. Set to reach nearly $600 billion , the SaaS industry is poised to dominate markets for years to come, expected to account for 85% of all business apps by 2025.

Finance 52
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Dunzo holds talks with debt investors to rejig credit terms

CFO News

Dunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June, JioMart, the biggest customer of Dunzo’s B2B arm Dunzo Merchant Services (DMS), cut the prices it paid for last-mile deliveries made by bikes.

B2B 52
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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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Mid-year financial performance review: assessing financial health and course correction

Cube Software

Evaluating financial performance in the mid-year FP&A is all about transforming your business into a well-oiled machine. Sales forecasts, budget variance analysis , and cash flow projections come together to ensure each dollar is used in the most effective way possible.

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Independence Day: Anand Mahindra's M&M gave Pakistan its first finance minister

CFO News

Mahindra & Mohammed was founded in 1945 by Kailash Chandra Mahindra, Jagdish Chandra Mahindra, and Malik Ghulam Muhammad in Ludhiana, Punjab. The company later became M&M, which is now an industrial conglomerate. After the Partition of India in 1947, Muhammad migrated to Pakistan and became its finance minister. Previously, he had worked as an administrator of Bhopal state, advised the Nizam of Hyderabad, and held bureaucratic positions in the colonial government.

Finance 52
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Keep calm and plan on: How to build a stress-free budget process

Cube Software

Preparing for a stress-free budget process Well begun is half done, as the saying goes. Preparation in your budgeting process is a game changer in terms of the efficiency of the project and its outcomes. While most finance teams (rightfully) dread the budget crunch at the end of each fiscal year, setting the stage with the following steps can make the process easier for everyone.

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Independence Day: How the rupee went from less than 4 a dollar in 1947 to 83 today

CFO News

The Indian rupee opened on Monday below the 83-mark against the US dollar, the lowest for the currency since October 2022 when it dipped to a historical low of 83.26. The depreciation can be attributed to a positive dollar and a weak tone in domestic markets. India has transformed from a food-deficit country importing grains to becoming an influential player in the global financial landscape, with the rupee becoming one of the top 15 most-traded currencies globally.

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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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924: When AI is Business as Usual | Rob Goldenberg, CFO, 6sense

CFO Thought Leader

Of all of the career experiences that Robert Goldenberg has acquired on his way to the CFO office, you would think that his stint with a bankrupt landscaping company would not be apt to make his list of all-time opportunity door-openers. Still, when we asked Goldenberg to look back to share the experiences that first propelled him into the C-suite, the landscaping business was what came to his mind.

CFO 52
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India open to more FTAs; focus to go beyond trade: Commerce secretary

CFO News

Outlining the progress India has made in free trade agreements, Barthwal pointed out that a lot of countries were approaching India to sign FTAs, and the country would also consider its strategic needs before signing these agreements.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • There Is No “Stealth Fiscal Stimulus” The federal budget deficit is widening thanks to falling capital gains tax receipts and soaring net interest interest payments (including via the Federal Reserve). None of this is likely to boost PCE. ( The Overshoot ) • The Clean Energy Future Is Arriving Faster Than You Think : The United States is pivoting away from fossil fuels and toward wind, solar and other renewable energy, even in areas dominate

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SC issues contempt notice to SpiceJet's Ajay Singh in Credit Suisse case

CFO News

SC issues contempt notice to SpiceJet chairman and managing director Ajay Singh for failing to comply with the "in-principle commercial settlement" arrived at with Credit Suisse in the $24-million dispute last year.

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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.