May, 2022

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Supply chains: To build resilience, manage proactively

Mckinsey and Company

Supply chain upheavals show little sign of abating. Companies can address them by reconsidering outdated, short-term strategies and beginning the hard work of building structural resilience.

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New INX CFO urges crypto-mainstream compatibility

CFO Dive

The company's launch last year of the the first digital security token to be registered with the Securities and Exchange Commission serves as a blueprint for other companies that may be looking to raise capital from alternative assets.

CFO 341
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6 Reasons to Hate Budget and Annual Planning Processes

Fpanda Club

Budget and annual planning cycle - these words can make many people tremble. Aimed at determining firm’s short-term objectives and transforming them into operational plan by allocating available resources, annual planning exercise is mostly considered by its stakeholders to be a curse rather than a savior. There are many reasons to hate budget effort.

Budgeting 147
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Improve Cashflow with Automation and Real-time Insight

Navigator SAP

The bar has been raised on financial and cash flow management.

SAP 246
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2024 Payroll Calendar Templates

These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.

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Authorized Shares vs. Outstanding Shares

CFO News Room

Authorized Shares vs. Outstanding Shares: An Overview. Understanding stock market terminology allows investors to make appropriate, intelligent decisions. As it relates to company stocks, knowing the difference between authorized shares and outstanding shares is relevant in accurately calculating important ratios that speak to the financial stability of a company.

Numbers 130

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Addressing employee burnout: Are you solving the right problem?

Mckinsey and Company

Employers have invested unprecedented resources in employee mental health and well-being. With burnout at all-time highs, leaders wonder if they can make a difference. Our research suggests they can.

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SEC enforcement attorney predicts 'a lot more fraud' in crypto markets

CFO Dive

The SEC will turn to litigation if needed to achieve “clarity” as it fights abuses in cryptocurrency markets, according to an attorney in the agency’s Enforcement Division.

Marketing 335
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Is My Nonprofit Ready For Federal Grant Funding?

The Charity CFO

According to The Nonprofit Times, almost 80% of all nonprofit revenue comes from the US government in the form of federal grant funding or fees for services. Those numbers may be skewed by some outliers, like education, but, regardless, there is still a lot of federal money up for grabs. If you’re like most organizations, you would love to get some of that funding to put toward your mission.

Nonprofit 119
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What is GMP Manufacturing and is it Required for Life Sciences

Navigator SAP

There’s an element of consumer trust when it comes to the consumption of food or medicine. Usually, consumers cannot detect if a drug they’ve purchased has been manufactured correctly, or if it contains what has been advertised. Without some form of government oversight, this can become a problem. With that in mind, the U.S. Food and Drug Administration (FDA) has established Good Manufacturing Practice (GMP) rules for businesses in the food manufacturing and life sciences industries that help en

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8 Signs Your Accounting Team Is Ready to Automate Month-End Close

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

How do you know if your accounting team is ready to automate the month-end close? Join us in this informative webinar, where we share the top 8 signs that indicate that a team has outgrown all existing tools and may be ready to embark upon month-end close automation. We will examine the process clues that help determine whether your team would be a good candidate for automation.

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A Follow up on Inflation: The Disparate Effects on Company Values!

Musings on Markets

In my last post , I discussed how inflation's return has changed the calculus for investors, looking at how inflation affects returns on different asset classes, and tracing out the consequences for equity values, in the aggregate. In general, higher and more volatile inflation has negative effects on all financial assets, from stocks to corporate bonds to treasury bonds, and neutral to positive effects on gold, collectibles and real assets.

Treasury 118
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Tell Me a Story: Aswath Damodaran on Valuing Young Companies

CFA Institute

"You don't have to be right to make money [valuing companies]," Aswath Damodaran says. "You just have to be less wrong than everybody else.”.

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Quantum computing just might save the planet

Mckinsey and Company

Exponentially more powerful machines could make possible major reductions in emissions, putting the goal of limiting global warming within reach.

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Global ESG standard-setting gains speed

CFO Dive

CFOs seeking to provide shareholders with more sustainability data must choose from a patchwork of inconsistent measurement frameworks. Regulators and other standard setters worldwide are now building a consensus behind uniform rules for gauging sustainability.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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How Financial Consolidation Can Help Your Business Portfolio

https://trustedcfosolutions.com/feed/

With the advent of automation, you’d think all companies would transition to a cloud accounting solution. However, you would be surprised to learn how many companies are still working with QuickBooks and Excel spreadsheets and have a portfolio comprised of many different businesses that make it nearly impossible to determine the health of each organization, let alone the overall health of the company.

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Financial Oversight Guidelines for Nonprofit Boards

The Charity CFO

Financial oversight is one of the primary roles of your nonprofit board of directors. . Every nonprofit is required to have a board of directors. According to the National Council of Nonprofits , the board has a responsibility to “steer the organization towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies.”.

Nonprofit 105
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In Search of a Steady State: Inflation, Interest Rates and Value

Musings on Markets

The nature of markets is that they are never quite settled, as investors recalibrate expectations constantly and reset prices. In most time periods, those recalibrations and resets tend to be small and in both directions, resulting in the ups and downs that pass for normal volatility. Clearly, we are not in one of those time periods, as markets approach bipolar territory, with big moves up and down.

Treasury 114
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Building a CAPM That Works: What It Means for Today’s Markets

CFA Institute

The capital asset pricing model (CAPM) is a marvel of economic scholarship. The problem is that it doesn’t always work in practice. So, we fixed it.

Economics 133
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Acterys: Revolutionizing CIO & CFO Decision-Making

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.

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Digital transformation on the CEO agenda

Mckinsey and Company

Successful digital transformations may not be as elusive as you think. The best CEOs know up front what success looks like—and what stands in their way.

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Companies need to align efforts at disclosure, cybersecurity: SEC attorney

CFO Dive

The SEC aims to protect investors from cyber-related risks by cracking down on companies that release misleading disclosures about cyberattacks, according to the top attorney in the agency’s Crypto Assets and Cyber Unit.

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Grow Your Restaurant Chain With The Right Accounting Solution

https://trustedcfosolutions.com/feed/

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. It is hard to make informed, strategic decisions regarding growth when you can’t get a complete picture of what’s happening within each restaurant entity and across all of your chains.

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3 Tips for Successful Nonprofit Board Development

The Charity CFO

As a nonprofit Executive Director, the amount of time you invest with your board of directors can vary wildly depending on your organizational culture and the time of year. But make no mistake: Nonprofit board development is critical to your success. And it’s becoming increasingly important to your funders too. . Foundations want to know that your board is doing its job and doing it well.

Nonprofit 105
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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

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.

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How to Build an FP&A Function

Embark With Us

If the last few years have taught us anything, it's to expect the unexpected. Up is down, left is right, toilet paper and used cars are the new Pokémon cards and PS5s – nothing makes sense anymore. And to state the obvious, such upheaval and uncertainty don't make life easier for a company's decision-makers.

Finance 105
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Book Review: The Financial Crisis of 2008

CFA Institute

The Financial Crisis of 2008: A History of US Financial Markets 2000–2012. 2021. Barrie A. Wigmore. Cambridge University Press. Barrie Wigmore analyzes an extremely complex topic, the financial crisis of 2008, with wide-ranging and deep analysis. He brings to bear a richly experienced point of view, based on working “in the trenches” as an investment […].

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Transformation and ‘the more things change’: A conversation with Seth Goldstrom

Mckinsey and Company

The definition of transformation has evolved over the years. McKinsey senior partner Seth Goldstrom discusses that evolution and some of the core elements that remain essential to transformation success.

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Cloud adopters hobbled by 'on-premises computing' mindset: McKinsey

CFO Dive

Making six “persistent and pernicious mistakes,” many companies waste money and fail to derive the full value from their move to cloud computing.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Asked And Answered– 10 Questions Every CFO Should Be Asking Their Controller

https://trustedcfosolutions.com/feed/

In the world of the CFO, there is one constant amid all the changes. The CFO must always be ready to lead and manage a successful finance team. In order to be successful, the CFO needs to collaborate closely with the Controller to define and implement financial strategies that can be supported through financial operations. Learn the ten questions you should be asking your Controller to establish best practices and project and plan for the future growth of your organization.

CFO 107
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How to Read a 990: What Do Donors Want to See?

The Charity CFO

Unlike your personal tax return, anyone can request a copy of your Form 990 from the IRS or search for your filing several online databases. And when they know how to read a 990, they can find out A LOT about your organization. W atchdog organizations, large donors, and grantmakers regularly use your 990 to uncover a nonprofit’s financial health in just a few seconds.

Nonprofit 105
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Your Investors Want Better Data, Now What

The SaaS CFO

I was chatting recently with an early-stage SaaS founder. She just took on her first round of venture capital. And just like that, the new investors want better data to drive decisions. No more gut decisions and managing your business with your bank account. Now what? My new investors want better data to make decisions. […]. The post Your Investors Want Better Data, Now What appeared first on The SaaS CFO.

CFO 105