May, 2024

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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
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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.

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Trending Sources

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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 247
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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
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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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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.

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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

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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 109
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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
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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.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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‘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 344
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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 224
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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.

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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.

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Empowering Business Travel: The CFOs Guide

Business travel is more than just a line item. It’s a strategic opportunity to align with your company’s goals and empower your employees. With 60% of employees dissatisfied with the ease of booking and modifying travel plans, there’s a significant opportunity to improve travel management. This one-pager explores how to transform travel into a powerful tool for organizational success.

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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.

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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.

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Scammers siphon $25M from engineering firm Arup via AI deepfake ‘CFO’

CFO Dive

Cybercriminals utilized AI deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.

CFO 307
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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 220
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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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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.

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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.

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What is The Difference Between COGS and SG&A from a Chief Financial Officer’s Perspective

CFO Selections

As fractional CFOs (Chief Operating Officers) we get a lot of questions about COGS (Cost of Goods Sold) and SG&A expenses from our clients. They want to know how to classify different types of expenses, which one to focus on when trying to control costs, how to think about them when evaluating business opportunities, and what kind of impact each can have on profitability.

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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 101
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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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PwC to become largest ChatGPT enterprise customer with new OpenAI deal

CFO Dive

The agreement represents the latest step by the Big Four firm to further develop GenAI following its pledge to invest $1 billion into the technology over a three-year period.

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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 194
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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.

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Modernising finance reporting in support of ESG

Future CFO

The Workiva 2023 Global ESG Practitioner Survey reveals that 90% of surveyed practitioners agree that in the next two years, having a strong ESG reporting programme will give their organisation a competitive advantage. However, in the here and now, the same study reveals that businesses worldwide are grappling with ESG complexity, with 71% of respondents acknowledging that three or more internal teams are involved in their company’s ESG reporting processes.

Finance 98
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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.