May, 2024

article thumbnail

What Stagflation?

Barry Ritholtz

The Misery Index — the combination of Inflation and unemployment — failed as a bearish criticism of the economy. Unemployment remains at 60-year lows, and Inflation has plummeted from 9% down to the 3s. If you have a bearish mindset , and seek confirmation of that perspective, then the next economic critique after the Misery Index you try on for size is “Stagflation.” We have heard the S-word from Jamie Dimon , Stanley Druckenmiller , Bank of America , Barclays , Fox , Ma

Economics 128
article thumbnail

SEC fines NYSE’s parent $10M for failing to report cyberattack

CFO Dive

The settlement sheds light on the costs of cyberattacks that can include penalties for non-compliance with timely disclosure requirements after the events occur.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Automate Financial Processes Quickly by Rediscovering SAP ERP

Navigator SAP

As a business grows, the need for financial automation becomes clear. However, emerging companies also usually have the least amount of time for setting up backend systems that enable this financial automation. That’s where SAP’s powerful but reimagined ERP solution comes into the conversation, SAP S/4HANA Cloud Public Edition. Startups and growing businesses often are exhilarating places to work, but they aren’t where you go for more free time.

SAP 258
article thumbnail

Companies incorporated abroad are moving back to India

CFO News

Businesses that incorporated or shifted their base outside India are moving back home. Indian markets are proving to be ideal for startups in terms of investments as well as ease of business operations, say experts.

Startups 129
article thumbnail

Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

article thumbnail

Making way for women in finance

Future CFO

According to a talent survey by the Association of Chartered Certified Accountants (ACCA), a strong diversity and inclusion culture is a critical factor in deciding to work at an organisation. ACCA's Global Talent Trends Survey 2024 revealed that 78% of the respondents say diversity and inclusion are important amid the continuing talent crunch in the finance sector.

More Trending

article thumbnail

10 Factors To Determine If Your Potential Niche Is Really Viable (And How To Finetune If Necessary)

Nerd's Eye View

Ongoing research into how advicers can structure their practices to be better and more successful has consistently highlighted the benefits of choosing to serve a specific niche. In fact, the more specific the niche, the better, as a highly specialized niche not only allows an advicer to differentiate themselves in a crowded marketplace of other 'generalist' advicers, but also helps them build a more efficient practice where they serve clients who share similar characteristics (and puzzles to so

article thumbnail

How much are your I Bonds actually earning?

Tips Watch

By David Enna, Tipswatch.com Last week, the Treasury set the fixed rate for I Bonds purchased from May to October 2024 at 1.3%, which combined with a variable rate of 2.96% results in a composite rate of 4.

Treasury 110
article thumbnail

Southeast Asia Sees Venture Capital Drought

Global Finance

Southeast Asian economies survived the pandemic and post-pandemic pitfalls in solid shape. Indonesia, Philippines and Vietnam still rank among the world’s fastest growing large nations. The region’s financial center, Singapore, has expanded as global capital flees competing Hong Kong. So why is Southeast Asia’s startup engine stalling? Venture capital and private equity (VC/PE) flows in most regions have slowed as central banks raised interest rates to combat inflation.

Startups 108
article thumbnail

How You Measure Your Business Matters

VCFO

Measure Your Business in a Manner That Matters Measure twice, cut once is an adage that’s been cited for centuries. Its literal meaning is to verify the accuracy of measurements before making cuts so that time, material, and effort are not wasted. Its figurative meaning is to plan and prepare appropriately before acting. Both meanings hold absolutely important applications for business.

article thumbnail

Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

‘Worst’ yet to come for commercial real estate: Conference Board

CFO Dive

Many banks have pursued a policy of “extend and pretend” to avoid writing off troubled commercial real estate loans, according to a Conference Board economist.

Banking 347
article thumbnail

How an SAP Partner Can Be Your Long-Term Ally

Navigator SAP

Enterprise resource planning solutions (ERP) are only as static as the businesses that use them. That’s why it is important to have an SAP partner that is not only there during rollout, but also continues to support the business as it grows and evolves.

SAP 235
article thumbnail

Why the FED Should Be Already Cutting

Barry Ritholtz

The Fed held its benchmark Federal-Funds rate steady yesterday at 5.25% – 5.5%, leaving the possibility of cuts in the future. Jerome Powell repeated his “ Data Dependent ” mantra. “Persuasive evidence” that higher interest rates were no longer necessary to bring down inflation is what the FOMC wants, and today I want to share a few pieces of that evidence.

article thumbnail

Not just auditors, Promoters and KMPs too need to be held responsible for frauds: Amarjit Chopra

CFO News

Amarjit Chopra, former President of ICAI, emphasizes the critical need for accountability beyond auditors in corporate frauds. In an insightful interview with ETCFO, Chopra discusses the roles of promoters, CFOs, and directors, urging comprehensive reforms for enhanced corporate governance.

article thumbnail

Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

article thumbnail

Traveling in the endemic era

Tips Watch

At times, it is not fun. By David Enna, Tipswatch.com “COVID is just a cold.” This is how our Overseas Adventure Travel tour leader explained Europe’s (and most of the world’s) new attitude toward COVID-19.

105
105
article thumbnail

How To Clean Up Business Financial Statements

CFO Share

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. But cleaning up bad statements can feel daunting, tedious, and wasteful to small business owners and managers. If you’ve recently faced hurdles or missed opportunities due to disorganized financials, you need to clean up your statements.

article thumbnail

GDP growth to sink below 1% amid ‘serious headwinds’: Conference Board

CFO Dive

Several recent signals from the economy suggest that the expansion is slowing after defying recession predictions in 2023.

343
343
article thumbnail

Navigator Business Solutions Achieves GROW with SAP Designation

Navigator SAP

As seen in, PR Newswire , Navigator Business Solutions is proud to announce its ongoing partnership with SAP and its achievement of the Grow with SAP program designation. Read the official press release here.

SAP 230
article thumbnail

Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

article thumbnail

TikTokInvestors

Barry Ritholtz

Nestled in between lip-sync dancers and fashion influencers, financial fraud lurks on TikTok. At least one person1 has noticed the risks to young consumers of social media: Since August 2020, @TikTokInvestors has been curating the most outrageous money-losing and dangerous videos culled from the “financial experts” at TikTok. The advice ranges from wrong to risky to criminal: -401ks?

Math 134
article thumbnail

How SEBI is tightening norms for independent directors

CFO News

The evolving regulatory environment highlights the imperative for prospective independent directors to possess the requisite expertise and commit to upholding governance standards effectively.

115
115
article thumbnail

April inflation matches expectations; markets celebrate

Tips Watch

Both all-items and core inflation increased 0.3% in April, as predicted. By David Enna, Tipswatch.com After three months of higher-than-expected inflation, U.S. prices in April increased on target, setting off a euphoric mood in the stock and bond markets.

Marketing 102
article thumbnail

A Day in the Life: Florian Winterstein from Jedox

Future CFO

Editor's note: While travel—an important part of many business leaders' typical work routines—has allowed Florian Winterstein (pictured), CEO of Jedox, to learn how to succeed in other cultural settings, he shares with FutureCFO audiences in today's A Day in the Life interview how his experiences and interests outside work also inspire his professional growth.

article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

FASB crafts workarounds to proposed expense rule’s pain points

CFO Dive

On the heels of new crypto accounting rules, the FASB’s proposed expense standards also represent a big change for many public company report preparers.

article thumbnail

Comparing SAP S/4HANA Cloud Public and Private Editions

Navigator SAP

Growing-focused businesses have a choice when deciding which SAP enterprise resource planning solution (ERP) they should adopt: SAP S/4HANA Cloud Public Edition or S/4HANA Private Edition. While many firms will benefit more from the Public Edition and its software-as-a-service model, there are substantive differences between the two and cases when the Private Edition makes more sense.

SAP 202
article thumbnail

US Equities: 9% Forever?

Barry Ritholtz

It’s taken me months to organize all of my research for my next book project; it’s a lot of stuff, some dating back to 2000. Much of it reflects the bad ideas and numbers, and worse advice, that float around Wall Street. A lot of it has not aged well. But every now and then, something I saved turned out to be prescient — not because it was lucky, but because it contained a well-considered insight that has stood the test of time.

article thumbnail

GST collections hit all-time high of Rs 2.10 lakh crore in April 2024

CFO News

India's Gross Goods and Services Tax (GST) collections have reached a historic milestone, surpassing the Rs 2 lakh crore mark for the first time since the inception of GST in July 2017.

111
111
article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.