June, 2022

3 Reasons Accounting and Finance Needs Automation

Generation CFO

“Automation is important for three very good reasons”, says Chris Argent, founder and MD of GENCFO. . After the deep insights on automation from the GENCFO live virtual summit , Chris has consolidated the importance of automation into three main reasons. .

3 ways CFOs can help tackle supply chain disruptions

CFO Dive

CFOs can help companies relieve immediate supply chain pressures, as well as create long-term value

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Inflation and Time | AIER

CFO News Room

This article was originally published in the Economic Forces newsletter. With higher rates of inflation in the news, I have been thinking a lot about how we measure inflation and how the general public talks about inflation. Price theory is all about relative prices.

Why Move to Cloud-Based ERP Solutions?

Navigator SAP

As you run your business, you’ll need to find a simple and effective way to consolidate and manage data across your enterprise. Fortunately, a cloud-based enterprise resource planning (ERP) system like SAP Business One can be the perfect solution for you.

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Best Practices to Ace Your Close

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

Whether you’re on a 1-day close or a 10-day close, there are some fundamental commonalities that all strong accounting departments share when it comes to the month-end close. Please join us for an informative webinar where we share best practices that your team can implement today to ace your close.

Icahn sues, questions 'basic integrity' of trillion-dollar CMBS market

CFO Dive

The suit comes as the pandemic accelerated changes in shopping and work habits that drive how retail and offices are used and valued, leaving financial executives to grapple with rising uncertainty around how to assess commercial real estate holdings

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The digital finance revolution has taken the industry by storm!

Generation CFO

The last few weeks have been eventful to say the least. Starting with industry talks which led up to an exciting awards ceremony, I’ve been completely immersed within the finance and accounting world.

Businesses nudged to decentralize cybersecurity leadership

CFO Dive

The push to enable employees to make informed security decisions comes amid an increase in the rate and severity of cyberattacks

3 Reasons Accounting and Finance Needs Automation

CFO News Room

“Automation is important for three very good reasons”, says Chris Argent, founder and MD of GENCFO. . After the deep insights on automation from the GENCFO live virtual summit , Chris has consolidated the importance of automation into three main reasons. .

Why SAP ERP Makes Sense for Pharmaceutical Manufacturing

Navigator SAP

Legacy software systems no longer make sense for life sciences businesses, especially those in Pharmaceutical manufacturing. The problem is that complexity, regulation, and competition have changed how pharmaceutical and life sciences firms must do business.

The CFO Playbook: How to Decrease Costs & Increase Engagement

Learn how to reduce costs while simultaneously increasing employee morale.

FASB drops four-year project changing goodwill accounting

CFO Dive

The U.S. accounting standard-setter shelved a proposal recasting how companies account for an estimated $3.6 trillion in goodwill on their balance sheets

Dallas CFO resigns as city leaders mull removing city manager

CFO Dive

Elizabeth Reich, who has served as CFO for the city of Dallas for five years, issued her resignation in a letter to City Manager T.C. Broadnax. City officials are set to convene to discuss Broadnax’s job performance Wednesday

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Marie Charpentier, VP of Finance, InfoSum

Generation CFO

A good finance team doesn’t just focus on payroll, tax and fiscal reporting, but it also helps guide the company in making strategic business decisions while bringing fresh new ideas to the table. .

Just one in three CFOs have appetite for more risk: Deloitte

CFO Dive

Finance chiefs in the technology, financial services, and manufacturing industries were the least inclined to take on more risk, according to the Deloitte survey

AFP FP&A Guide: Scenario Planning

Inflexible budgets break; scenario planning is a complementary, structured approach to creating flexibility in planning and operations. This guide presents practical, actionable steps to integrate scenario planning into y

Ten Ways to Start Investing with $100

CFO News Room

Building wealth takes time and patience, but it also requires you to take real, actionable steps with your money. After all, you won’t get rich by keeping your extra cash under your mattress and hoping for the best. You have to invest your money if you want it to start growing to its full potential.

Software Validation: What Life Sciences Businesses Need to Know

Navigator SAP

Strict process control is fundamental for life sciences businesses. Not only is it important for accurate manufacture of drugs and devices that can make the difference between life and death, it also is mandated by the U.S.

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State Street looks to reduce bank spend, increase digital transformation

CFO Dive

To navigate a “constantly changing” macro-economic environment, State Street is focusing on reducing its day to day technology spend in favor of more strategic operational investments in AI, automation and like technologies, according to its CIO and CFO

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Inspiring transformation and buying butter with Brad Burton

Generation CFO

Last Wednesday was a very special day here at GENCFO: it was the first day of our virtual #GENCFOlive Summit! And it started with a bang – otherwise known as the UK’s number one motivational speaker Brad Burton. So, what did Brad talk about? That’s a big question.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

Myth-bust your way to a successful R&D tax credit claim

Generation CFO

The R&D tax credit scheme is well-known among businesses. It’s a lucrative government tax incentive that can credit your company up to 33% of its R&D expenditures. .

Tim Schöler, Chief Financial Officer, Mercedes-Benz Retail Group

Generation CFO

While Tim Schoeler initially started working at Mercedes-Benz because it was a “great brand”, what has made him stay for over 10 years is the people. . Everybody knows the brand, everybody loves the brand and the car,” says Tim. But I think ultimately, the people have made me stay.”

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The Perpetual Tragedy of New York’s Rent Control

CFO News Room

Last week (June 21), in its biannual circus , New York City housing regulators once again decided how much landlords will be able to raise rents. Despite inflation raging at a 40-year high of 8.6%, they decided on an increase of 3.25%.

How Do I Validate Our ERP System?

Navigator SAP

ERP validation is a really simple idea: Does the system perform as specified? The question of validation is less about software functionality and largely about configuration.

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The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

In this webinar, Spencer Falbo, principal at Kong Basile Consulting will teach you how Spend Management can help to automate many of your processes, making your job as an accountant more efficient.

AI yields 30% of revenue at tech-savvy companies: Accenture

CFO Dive

Despite a big potential boost in profits, most companies fail to seize on the full benefits from artificial intelligence, Accenture found in a survey

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ERP Considerations for Accelerating Life Science Organizations - Webinar

Navigator SAP

SAP Business ByDesign Life Sciences Validation

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With 20th anniversary of landmark Sarbanes Oxley Act, spotlight on impact to auditor independence

CFO Dive

Independence is synonymous with trust and describes both the mindset in which auditors approach their work and the relationship between them and their clients

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Why cloud tech can benefit the finance team

Generation CFO

As businesses embrace digitalisation , CFOs and their finance teams can use cloud technology to effectively interpret business data and solve challenges. Cloud technology is playing a key role for businesses , with teams realising the numerous benefits it brings. And the finance team is no exception.

Average Weekly Initial Claims Rose for a Fourth Consecutive Week

CFO News Room

Initial claims for regular state unemployment insurance fell 2,000 for the week ending June 25, coming in at 231,000. The previous week’s 233,000 was revised up from 229,000 (see first chart).

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