Tue.Mar 07, 2023

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Expedia alum takes Sonder CFO seat

CFO Dive

The hospitality platform announced a new finance chief as it looks to reach positive quarterly cash flow in 2023 while facing a murky economic environment.

CFO 259
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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train reads: • A 120-Year-Old Company Is Leaving Tesla in the Dust : Tesla had me convinced, for a while, that it was a cool company. fundamentally, its cars had no competition. If you wanted an electric car that could go more than 250 miles between charges, Tesla was your only choice for the better part of a decade. ( New York Times ) see also Tesla Offers an Unprecedented Look at the Bench Behind Elon Musk : In a clear response to investor criticism, the CEO shared t

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Trending Sources

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Brex offers ChatGPT-style CFO tools

CFO Dive

The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.

CFO 284
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The Biggest Contrarian Bet You Can Make Right Now

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: ►Powell to Congress – “Fed chief Powell is set to begin two days of congressional testimony Tuesday, where he’ll have the chance to explain the central bank’s planned response to a more resilient e.

Finance 103
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Scotts still targeting cannabis sector, CFO says

CFO Dive

The over 150-year-old company — better known for its lawn and garden products — has become one of the biggest players in the emerging cannabis market.

CFO 261

More Trending

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Bank, finance leaders brace for rate volatility

CFO Dive

The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.

Finance 261
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PM Modi urges India Inc to increase investment, take advantage of opportunities in Budget

CFO News

Citing GST implementation, PM Modi said as opposed to the past, the tax burden has come down significantly in India. He also highlighted the increased outlay on Capex in Union Budget, and emphasized the need to support the private sector.

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Powell says Fed may hike rates more than forecast

CFO Dive

Fed Chair Jerome Powell told a Senate committee that reducing inflation to the central bank’s 2% target may not lead to widespread layoffs.

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"Don't want anything nor leave anything just because you're a woman"

CFO News

This women's day Tanushree Bagrodia, Chief Financial Officer of Laxmi Organic Industries shares her special message for budding women CFOs to achieve great heights in their profession.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Is Rising Income Inequality the 40-Year Bull Market’s Hidden Driver?

CFA Institute

While traditional finance’s equity performance models still work, there is an alternative explanation for the long-running secular bull market.

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Transcript: Maria Vassalou

Barry Ritholtz

 The transcript from this week’s, MiB: Maria Vassalou, Goldman Sachs Asset Management , 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.

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Emerging Role of Women in the Financial Sector

CFO News

​Most young girls who are just beginning to explore their interests may not think of finance as a possible career. Even today, people still perceive finance as a competitive, male-dominated function. That is one of the reasons why men still outweigh women in the financial sector, especially in executive roles.

Finance 59
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Strategies for recruiting and retaining finance talent

Future CFO

Recruiting and retaining talent is a top finance and accounting leadership priority. As organisations struggle to identify, recruit and retain talent, it becomes clear that the quality of the employee experience becomes the biggest predictor of long-term success for both employee and employer. Molly Boyle and Vincent Messina discuss the challenges and impacts on the F&A practice and how technology can help organisations build the right F&A team for the future.

Finance 52
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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Divestment shortfall: Centre has math ready

CFO News

In the February budget, the central government marked down the disinvestment target to ₹50,000 crore from ₹65,000 crore budgeted initially. It has managed to raise ₹31,107 crore so far.

Math 52
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Flexible work: This is where Asian employers still fall behind 

Future CFO

Flexible work is where Asian employers fall behind, said Mercer recently when releasing it Global Talent Trends Study 2023. According to the study that surveyed close to 2,500 HR leaders globally, only half of employers in Asia say they offer flexible work options for all employees, which is lower than the global average of 56%. Close to 30% do not plan on offering flexibility to all employees in the future, Mercer said, adding that this falls below employees’ expectations, considering that near

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Government looks to keep borrowing in check

CFO News

The big pandemic stimulus and the contraction in the economy worsened the combined Centre and state debt-to-GDP ratio to 89.2% in FY21 from 75.1% in FY20. The International Monetary Fund (IMF) has forecast the ratio will improve to 83.5% of GDP in FY23 and gradually ease from FY26 onwards.

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Understanding Remaining Performance Obligations in SaaS

The SaaS CFO

Metrics that provide forward-looking visibility are golden in SaaS companies. Remaining performance obligations (RPO) is a relatively new revenue metric, but it’s a fascinating combination of important SaaS concepts. RPO’s are a required disclosure for US public companies, and I believe it’s popularity will gain in private SaaS. Let’s dive into the importance of deferred […] The post Understanding Remaining Performance Obligations in SaaS appeared first on The SaaS CFO.

CFO 52
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Businesses need to be aware of rules for modern FTAs: PricewaterhouseCoopers

CFO News

It also said in a report that anticipating the impact of the upcoming FTAs on the supply chains can help businesses review sourcing strategies to design resilient supply chains. India has inked trade pacts with the UAE, Australia and Mauritius recently, and is in talks with the UK, EU, Canada and Israel.

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3 Unexpected Ways a CFO Can Impact Your Business

Focus CFO

Of course, you already know that CFOs provide financial guidance to businesses. You might be surprised to learn that their impact goes beyond strictly fiscal benefits. Whether a traditional full-time CFO or an outsourced fractional CFO, they are trusted partners and strategic guides that can help you (and your organization) weather unexpected storms, grow the value of your business, improve your quality of life, and help you navigate the challenges of entrepreneurship.

CFO 52
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Global companies want to replicate India’s digital model

CFO News

Last year, Unilever had said India will be a beacon of digital innovation for the packaged consumer products firm globally.

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How 6 organizations have achieved Superplännen

Jedox Finance

Superplännen is when teams work smarter, collaborate better, make decisions with confidence, and hit the mark. This instills a culture of decisiveness, improves the ability to serve the changing needs of customers, and boosts profitability. Take a look at how real teams and organizations around the globe have experienced an elevated state of planning and achieved the adaptability, integration, and simplicity they need to shape the future.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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International Women’s Day 2023: Report shows only 1% women Insured in India

CFO News

On the occasion of International Women’s day, a report released by PayNearby in association with the RBI Innovation Hub talks about various aspects of how women in rural India do business lately and are they financially protected.

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#FA Success Ep 323: Sustaining A $5B Advisory Firm To The Third Generation Of Leaders, With Yonhee Choi Gordon

Nerd's Eye View

Welcome back to the 323rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Yonhee Choi Gordon. Yonhee is a Principal and the Chief Operating Officer of JMG Financial Group, an independent RIA based in Chicago, Illinois, that oversees nearly $5 billion in assets under management for close to 1,500 client households. What's unique about Yonhee, though, is how, through her nearly 4 decades with JMG Financial Group, Yonhee has been a part of not only the firm’s

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Bluecross Laboratory gets breather from court over GST summon

CFO News

The company was part of many Pharma companies which received fresh summons under Goods and Services Tax in the New Year, ET had reported earlier.

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Hey ChatGPT, can you analyze this plan?

Jedox Finance

ChatGPT is propelling widespread adoption of generative artificial intelligence (AI) and uncovering new ways for teams and organizations to explore the technology. Tapping into the Jedox platform and its endless integration capabilities, Jedox created a ChatGPT integration model to show how finance, sales, HR, marketing, supply chain, and environmental, social, and governance (ESG) teams can experiment with generative AI in their integrated business planning (IBP) processes.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.