July, 2022

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What Is the Role of ERP Modules in Finance?

Navigator SAP

The finance module is often the first to be activated when a company deploys an enterprise resource planning (ERP) tool. This makes it the most important module of an ERP solution.

Finance 130
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Citigroup is actively investing to improve automation, says CFO

CFO Dive

Citigroup marches forward with technology investments as companies rethink their tech spending.

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Trending Sources

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Angela Duckworth: The Power of Grit

CFA Institute

What's more important to success — talent or effort?

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Bobby Bonilla Day

Corporate Finance

Every July 1st is Bobby Bonilla Day! You may not be aware that the now retired slugger signed a contract with the New York Mets in 2000 that deferred his $5.9 million salary in exchange for about $1.2 million per year from 2011 through 2035 on July 1st. And while this is a great payday, Bobby Bo recently announced that he was auctioning off his copy of the famous contract.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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To NPV or Not to NPV: That Is the Question

Fpanda Club

Warren Buffett once suggested that the concepts of time value of money and discounted cash flow (DCF) model were introduced more than 2500 years ago. In about 600 B.C. oracle Aesop formulated his investment insight "a bird in the hand is worth two in the bush" and since that time the model for calculating the value of an asset as the present value of the cash generated by this asset throughout its life has remained unchanged.

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What is the Difference Between On-premise and Cloud

Navigator SAP

As more and more businesses follow through on digital transformation projects, they are rethinking their attitudes toward their own IT departments and contemplating what business functions can be hosted in cloud environments. One of those areas being considered for the cloud is enterprise resource planning software (ERP), for example. SAP’s Business One and Business ByDesign are two of the most popular ERP software packages for small-to-medium businesses, allowing users to manage key business fu

SAP 241
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Cloud computing adds value well beyond agility, efficiency: Deloitte

CFO Dive

Companies excelling in the use of cloud computing work with three or four cloud providers rather than only one or two and do not spend much more on cloud platforms and services than their rivals, Deloitte found in a survey.

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Crypto Tokens: Does Security Selection Matter? 

CFA Institute

What role does security selection play in cryptocurrency investing? Can token pickers demonstrate differentiated performance?

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Accounting Solutions For Multi-Location and Multi-Entity Businesses

https://trustedcfosolutions.com/feed/

Multi-location and multi-entity businesses face unique problems when it comes to accounting. Some of the most common issues these businesses face include manual entry errors, decentralized payables, different currencies, inter-entity transactions, and taxation by location and country. As businesses grow, so does the accounting complexity, requiring a customized financial management system.

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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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The Role of Top-Down vs. Bottom-Up Business Budgeting in Modern FP&A

Centage

Business budgeting is a crucial factor with the ability to impact a business’ long-term success or failure. Along with providing important information regarding day-to-day operations, an accurate budget better enables companies to predict revenue, trim costs, and make decisions regarding expenditures and opportunities. Although there are multiple ways to craft a business budget, most companies use one of the following methods: a top-down budget or a bottom-up budget.

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“a mild recession”

The Reformed Broker

Put this phrase in your vocabulary for the second half of the year because you are going to be hearing it everywhere: “a mild recession.” This is where the puck is going. All of Wall Street’s chief strategists and chief economists are going to be pivoting to this case if they haven’t already. The “soft landing” idea is going to fade away.

Marketing 107
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Navigator Named to Bob Scott's 2022 Top 100 VARs

Navigator SAP

Navigator Business Solutions has been named to Bob Scott’s Top 100 VARs for 2022.

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C-suite savvy key to digital transformation success, McKinsey says

CFO Dive

Many top executives are underwhelmed by the pay-off from spending on digital transformation, including after building new digital businesses within their companies.

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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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Digital Gold or Fool’s Gold: Is Crypto Really a Hedge against Equity Risk?

CFA Institute

When it comes to hedging equity risk, bitcoin and cryptocurrencies are less "digital gold" and more fool's gold.

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Asked And Answered – Restaurant Chain Accounting Challenges

https://trustedcfosolutions.com/feed/

Restaurants have had to adapt to wildly different business situations during the past several years. Think about the rise in curbside pickups and contactless delivery. These kinds of adaptations are also forcing new ways to pay and new systems that require integration into the restaurants existing accounting solutions. The basic accounting challenges restaurants face are daunting in addition to the day-to-day management. .

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What supply chain leaders must learn from the baby formula shortage

Anaplan

Supply chain leaders must learn from the baby formula shortage A chaotic 2020, packed with unprecedented disruptions, dramatic climate events, and the first major global healthcare crisis in a century, rocked supply chains everywhere. Consumer awareness of the supply chain and how it impacts our communities and daily lives erupted virtually overnight.

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Joules appoints KPMG to help boost profitability

Accountancy Today

Outdoor fashion and lifestyle retailer Joules has appointed ‘ Big Four ’ accounting firm KPMG to improve its cash position in the face of turbulent economic conditions due to the cost of living crisis. . According to reports from The Sunday Times , Joules has called in advisors from KPMG’s debt advisory practice to explore options to shore up its cash position, with raising fresh capital said to be among one of the options available. .

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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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The Advantages of a Multichannel Distribution System

Navigator SAP

The big lesson from COVID-19 for business arguably is the importance of digital channels and diverse revenue sources. Thanks to lockdown measures and social distancing, businesses that lacked these two key components found it tough sledding. A multichannel distribution model is essential for success and future growth in the post-COVID business world.

B2C 236
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Nearly one-third of workers plan to quit: Conference Board

CFO Dive

Many CFOs are raising wages in order to curb near-record attrition in a highly competitive labor market.

Planning 306
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Equity Risk Premium Forum: Term Structure, Mean Reversion, and CAPE Reconsidered

CFA Institute

Does the equity risk premium (ERP) vary depending on the term structure? Does reversion to the mean dictate that it will decrease the longer the time horizon?

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Say Good-Bye To QuickBooks With Sage Intacct

https://trustedcfosolutions.com/feed/

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. It is not a full enterprise resource planning solution. If you struggle to run your business using just QuickBooks and an ERP suite, then it’s time to move on up to Sage Intacct so your business can get real-time insights across multiple enti

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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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What is the difference between the price and value of a company in a sale and purchase process?

One to One

The post What is the difference between the price and value of a company in a sale and purchase process? appeared first on ONEtoONE Corporate Finance.

Sales 105
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One Four Nine Group launches Tax Efficient Alternative Investment panel

Accountancy Today

One Four Nine Group has announced the launch of its Tax Efficient Alternative Investment panel to all of its locations and advisers, with due diligence support from independent investment research firm Hardman and Co. The panel, which was established following a “comprehensive screening” of product providers and fund managers, deploying a differentiated diligence and assessment criteria, will allow the group’s suitable clients to invest in small-cap/unquoted companies that benefit from the tax u

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ByDesign vs. NetSuite: What's the Best ERP for SMEs?

Navigator SAP

Choosing an enterprise resource planning (ERP) software solution is a big decision. Your ERP software is meant to be a cornerstone tool that helps you with all areas of your business. It needs to be flexible enough to suit your specific and unique needs. Two of the current industry leaders in ERP software are SAP Business ByDesign and Oracle NetSuite.

SAP 237
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Most accountants suffer burnout: study

CFO Dive

A high level of chronic stress increases the rate of accounting error, prompting many companies to reopen their books after closing to fix mistakes.

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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.