CFO Dive

JULY 31, 2023

To tackle outdated or redundant tech driving up IT spending costs, CFOs need to work with CIOs to create a “common plan,” LeanIX’s Christian Richter said.

Finance 235

Finance Planning 235

Navigator SAP

JULY 14, 2023

Most professional services organizations have completed digital transformation, which is the trendy way of saying that they’ve moved operations to the cloud. Now that most of these businesses are in the cloud, though, the next evolution has arrived: using the advantages of digital transformation to actually drive intelligent decision-making. Forget digital transformation.

246

246

CFO News

JULY 4, 2023

​ETCFO exclusively discussed the role and responsibility of CFOs in delayed reporting of accounts with legal luminaries. What the law says over two crucial issues are the CFOs not equally responsible as auditors for delays or the lack of submission for financial statements and if it's only the auditors who have to resign over delayed submission of financial accounts - what does the law state about CFOs ?

Accounting 111

Accounting 111

The Reformed Broker

JULY 4, 2023

You know Hancock and Washington and Franklin and Jefferson. You might even know Greene and Knox, Henry and Hale. And we know you know Hamilton, pretty tough to escape that one these days! But it is very unlikely that you know the name Haym Solomon. This is unfortunate, because he’s the guy who arranged financing to keep the Continental Army alive during its darkest days, finding the money to keep the revolution goin.

Finance 144

Finance Marketing 144

Advertiser: Paycor

Employees who feel listened to show a 64% longer commitment to tasks (Forbes). And that’s just for starters. Learn how emotionally intelligent leaders drive business results. Download Paycor’s guide for the full story.

CFO Dive

JULY 25, 2023

While generative AI has potential, this “new generation of AI doesn't run well, at all, on the current computer infrastructure that banks have,” NVIDIA’s Malcom DeMayo said.

Banking 232

Banking 232

Barry Ritholtz

JULY 7, 2023

Today, the 500 th episode of Masters in Business drops. 1 I have described the inspiration for the show as “ an audio version of Market Wizards ” but the actual pitch to Bloomberg was “Mark Maron’s WTF meets Charlie Rose” (that was before we knew about his, um, behavior). It has been a wonderful ride, one that I feel grateful and privileged to be on.

Finance 132

Finance Entertainment Investments Marketing 132

Navigator SAP

JULY 7, 2023

Does it feel like the future has become more uncertain lately? If you and your business are worried about the direction of things, you’re not alone. The world has changed since the pandemic, and uncertainty about the direction of the business environment is a common sentiment. Confidence in the business environment decreased by more than 10 percent last year, according to the business sentiment index produced by business climate tracking firm, IBSWorld.

Economics 246

Economics Banking 246

CFO News

JULY 4, 2023

Default on loans stands at Rs 244 crore while on unlisted debt securities, it stands at Rs 220 crore. The Securities and Exchange Board of India had earlier found Rs 3,535 crore worth of fund diversion at Coffee Day Enterprises.

Securities 128

Securities 128

The Reformed Broker

JULY 24, 2023

The downloads for this episode as an audio podcast are among the fastest we’ve ever seen, with over 30,000 listens in the first couple of days and counting. This will go over 45,000 by week’s end. The YouTube video is on pace to do a similar number. Combine the two and you’re talking about one of the biggest audiences in finance for a podcast episode.

Finance 98

Finance Numbers 98

Advertiser: Acterys

Welcome to the Future of Technology for CIOs & CFOs! Ever stood on the precipice of a technological revolution, feeling the energy of change? Ever been captivated by the whispers of a software that's not just innovative but genuinely groundbreaking? Acterys unveils a groundbreaking technology tailored for CIOs and CFOs. This state-of-the-art solution streamlines data integration, analytics, and forecasting, empowering leaders to make informed decisions quickly.

CFO

CFO Dive

JULY 19, 2023

The new tool seeks to help finance teams deliver insights for business decisions more quickly. It uses the same kind of technology that’s behind Microsoft-backed Open AI’s ChatGPT solution.

Finance 236

Finance Technology 236

Mckinsey and Company

JULY 7, 2023

Boards are responsible for how generative AI is used at the companies they oversee. Asking company leaders the right questions will help unlock the technology’s value while managing its risk.

Strategic Planning 244

Strategic Planning Planning Leadership Technology 244

Barry Ritholtz

JULY 6, 2023

Fascinating chart from Visual Capitalist showing the history of housing prices in the United States. I recall the 1990 Home Price recession — I was too broke to afford a condo, but I knew lots of recent grad school friends who took high-paying jobs and bought a place in the 1980s; more than a few were freaked out about falling prices. The issue with rising prices is the ongoing shortage of single-family homes relative to both population and job locations.

Forecasting 122

Forecasting Data Analysis 122

Navigator SAP

JULY 12, 2023

Navigator Business Solutions has been named to the Bob Scott’s Top 100 VARs for 2023.

246

246

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Banking

CFO News

JULY 3, 2023

According to the survey report by Association of Certified Chartered Accountants (ACCA), about 80 per cent of the employers plan to further train and upskill their existing employees working in finance, to keep up with the evolving field.

Finance 111

Finance Planning Accounting 111

The Reformed Broker

JULY 21, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Sam Ro, Jack Raines, and Downtown Josh Brown discuss AI and the market, the meme economy, Nvidia’s rollercoaster year, the earnings recession, financial charlatans, Berkshire’s massive bet on Apple, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Marketing 98

Marketing 98

CFO Dive

JULY 14, 2023

The majoriy of finance departments studied were about as efficient as a “monster truck,” a Hackett Group researcher said. There are steps companies can take to make them run more like Priuses.

Finance 236

Finance Budgeting 236

Mckinsey and Company

JULY 21, 2023

Global executives more positive; consumer confidence improving but low; emerging economies rebound; Fed pauses rate hikes as ECB raises rates by 25 basis points; inflation low in India and Brazil.

Economics 232

Economics Corporate Finance Finance 232

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Securities

Barry Ritholtz

JULY 5, 2023

This morning, the WSJ reported that “Consumers expect to see 4.1% inflation a year from now, the lowest such reading in two years and down sharply from its recent peak of 6.8%.” There are some who believe this is good news, but as we pointed out in May , it’s a meaningless, lagging survey. In fact, it may be even worse than that, because it appears that some at the Federal Reserve actually believe the Fed’s own survey of consumers contains information.

Forecasting 122

Forecasting Economics Investments Marketing 122

Future CFO

JULY 17, 2023

Faced with ongoing market volatility, the enterprise C-suite is leaning on its treasury teams like never before to protect company assets and to (ideally) also capitalise on competitive opportunities emerging from an unstable macroeconomic climate. Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions.

Treasury 98

Treasury Forecasting Cash Management CFO 98

CFO News

JULY 10, 2023

The Directorate General of GST Intelligence in the Centre and the Bureau of Investigation in States, which deal with the investigation based on intelligence inputs from various authorities or agencies, are the proper officers for GST offences, experts say.

105

105

VCFO

JULY 13, 2023

Business Growth – Three Principles for Minimizing Pain While Realizing Gain In business, as with most endeavors, growth is generally a good thing. But what growth looks and feels like can differ quite dramatically from one company to the next. For some, growth is a rocky road where owners and execs are often surprised by or unprepared for what they’ll encounter next and find themselves in precarious positions along the way.

CFO 98

CFO Finance Accounting Planning 98

Advertisement

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

Reconciliations

CFO Dive

JULY 11, 2023

CFOs can use predictive analytics to avoid panic buying, anchor price bias and overpaying suppliers, Edmund Zagorin, an executive with the procurement platform Arkestro, writes.

234

234

Mckinsey and Company

JULY 12, 2023

A digital twin is a digital representation of a physical object, person, or process, contextualized in a digital version of its environment. Digital twins can help an organization simulate real situations and their outcomes, ultimately allowing it to make better decisions.

Technology 233

Technology 233

Barry Ritholtz

JULY 3, 2023

Barry Ritholtz, “Masters in Business” Radio and Podcast Host discusses the environment of hedge funds and the war on talent between them. He speaks with Romaine Bostick and Scarlet Fu on Bloomberg Markets: The Close Vast Majority of Hedgefunds Are Failing to Meet Targets: Ritholtz Source: Bloomberg See also : MiB: Ilana Weinstein Discusses the Hedge Fund War for Talent (July 1, 2023) The post Majority of Hedge Funds Fail to Meet Benchmarks appeared first on The Big Picture.

Benchmarking 107

Benchmarking Marketing 107

Future CFO

JULY 9, 2023

Without a doubt, artificial intelligence (AI) is now a topic of interest among CFOs. How to properly channel this interest into the finance function remains to be seen. Gartner says to build an AI-driven finance organisation for the future will require a combination of technical and business skills that many finance teams do not have today. Mark D McDonald , a senior director analyst in the Gartner Finance practice , observes that there remains scepticism over AI's impact on the finance function

Finance 98

Finance CFO Leverage Technology 98

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Prioritization

CFO News

JULY 3, 2023

​The GST law subsumed a host of taxes such as central excise duty, service tax, value added tax, etc, and as against many rates in the erstwhile regime, the new structure has just four tax slabs 5%, 12%, 18 and 28%.

105

105

CFO Selections

JULY 6, 2023

“How do you build a three-year financial model?” It’s a question we get (and answer) a lot. A financial model is a type of financial projection that pulls together important data to allow organizations to analyze their current financial position and predict their future financial position. While effective financial modeling takes significant time and expertise to complete, the considerable benefits provided make it well worth the investment.

Financial Modeling 98

Financial Modeling Investments Securities Risk Management 98

CFO Dive

JULY 25, 2023

Eva Boratto joins the Columbus, Ohio-based personal products maker — long a familiar storefront inside many retail properties — as it shifts away from malls.

CFO 235

CFO Retail 235