February, 2024

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AI dominates CFOs’ 2024 budget hike plans

CFO Dive

The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

Budgeting 292
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PodChats for FutureCFO: The evolving partner role of finance in 2024

Future CFO

In recent years, the role of chief financial officer (CFO) has never been more challenging as it is fulfilling for those who hold this position. From geopolitical uncertainties to changing market dynamics, from technological innovations that are paving the way for new business models, and from calamitous weather disturbances that are reminding business leaders about the importance of addressing climate change today for a sustainable future tomorrow, the CFO has an important seat in directing the

Finance 98
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Trending Sources

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Project Titan(ic)

Corporate Finance

In 2014, Apple was rumored to have approved Project Titan, Apple's development of an electric car. In 2015, Apple formally introduced the new project. At its height in 2018, Project Titan employed 5,000 people. Now, nearly a decade later after it started, Apple announced that it is shutting down Project Titan, the option to abandon. With shrinking demand for electric cars, Apple must have believed that spending more money on the new car isn't worth the payoff, even though Apple has probably alre

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Paytm crisis: The silence of the board

CFO News

RBI has defended its action against Paytm Payments Banks and the countdown has begun. But why did Paytm payments Bank board members keep quiet? What if RBI would have invited a board and chosen a different path? Here is my note.

Banking 105
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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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PwC veteran talks cracking the IT, finance silos

CFO Dive

Finance chiefs need to be sure they are opening communication channels between other executive leaders to tell ‘the right digital transformation story.

Finance 260

More Trending

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All-Time Highs Are Historically Bullish

Barry Ritholtz

A quick note to answer this question: What happens after markets make a new all-time high (after a year w/o one)? Check out the table above, via Warren Pies. He spoke with Batnick and Josh earlier this month. Going back to 1954, markets are always higher one year later – the only exception was 2007. That was after housing had peaked, subprime mortgages were defaulting, and the great financial crisis was about to start.

Economics 139
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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. While I will use the "Magnificent Seven" moniker attached by these companies by investors and the media, my preference would have been to call them the Seven Samurai.

Marketing 119
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ESG and sustainability action items for leadership in 2024

Future CFO

There are many issues and priorities that are high on the agenda of the Board and C-suite in 2024. According to HSBC , environmental, social, and governance (ESG) factors, and sustainability have become essential considerations for businesses worldwide. HSBC says ESG and sustainability are two related but distinct concepts. Different but related “While both ESG and sustainability are concerned with environmental, social, and governance factors, ESG focuses on evaluating the performance of compan

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NCLT clears IndusInd International's Rs 9,650 crore bid for RCap; lenders to take 63 pc haircut

CFO News

IndusInd International Holdings had submitted its plan in June 2023 in the second round of bidding for the debt-laden company that was originally promoted by Anil Ambani.

Planning 143
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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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CEO optimism hits two-year high as inflation cools: Conference Board

CFO Dive

More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.

Economics 290
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6 Ways ERP Production Planning Helps Manufacturers

Navigator SAP

Few areas impact a manufacturer more than efficient production planning, and few tools are better for production planning than an enterprise resource planning solution (ERP). Manufacturers that use an ERP for industrial manufacturing can precisely analyze and juggle the variables that go into efficient production planning, and ERP for industrial product manufacturing is a cornerstone technology for a lean manufacturing methodology.

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At the Money: Is War Good for Markets?

Barry Ritholtz

 At the Money: Is War Good for Markets? (February 14, 2024) What does history tell us about how war impacts the stock market? What is the correlation between geopolitical conflict and inflation? Can these patterns inform us of future bull market behavior? In this episode, I speak with Jeffrey Hirsch about what happens to equities after global conflicts.

Marketing 126
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Speaking the Love Language of CFOs

CFO Selections

Love is in the air, which got us thinking… what is the love language of a CFO? For those of you not familiar with “love languages” the basic premise is that different people have different personalities, which means they give and receive love in different ways. And while this may sound like it’s only related to romance it certainly doesn’t have to be!

CFO 98
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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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Preparing for the next step: is your company ready for an IPO?

Future CFO

For many entrepreneurs, an initial public offering (IPO) represents a significant milestone or growth opportunity. The potential rewards can be substantial. However, navigating the path to an IPO can be complex and demanding, requiring significant planning and preparation. Undoubtedly, it is crucial for any company considering an IPO to thoroughly prepare before embarking on such a significant endeavor.

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RBI extends Interest Equalisation Scheme for Export Credit Until June 30

CFO News

The decision to extend the scheme comes after the Union Cabinet approved an additional allocation of Rs 2,500 crore in December, ensuring the continuation of the interest equalisation subsidy scheme on pre- and post-shipment rupee export credit until the end of June.

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Fed pivots to considering when to cut main interest rate: Powell

CFO Dive

Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.

Banking 286
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Batch Manufacturing Records: What You Need to Know

Navigator SAP

Lean manufacturing requires strong process control and organization. Whether making industrial product solutions or consumer goods, manufacturers benefit from master records that track batch production and the key elements required for the process. One manufacturing resource planning method that is critical for this organization is the batch manufacturing record.

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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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CPI Shelter Measures: 6-12 Month Lag

Barry Ritholtz

Last month, I mentioned that CPI inflation measures were based on lagging BLS measures of Owners’ Equivalent Rent (OER). BLS highlighted housing prices, headlining the CPI report as “CPI for all items rose 0.3% in January; shelter up ” As the chart above shows, Shelter was 2/3rds of the increase in the most recent. ( Chart thanks to Michael McDonough ).

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30-year TIPS auction gets real yield of 2.20%, highest in 14 years

Tips Watch

By David Enna, Tipswatch.com The Treasury’s auction of a new 30-year Treasury Inflation-Protected Security — CUSIP 912810TY4 — generated a real yield to maturity of 2.20%, the highest for this term at auction since February 2010.

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Overcoming the global slowdown with a super app strategy

Future CFO

Singapore-headquartered technology firm Grab Holdings Limited has set the bar high for corporate response to the COVID-19 pandemic. Its swift move to diversify its services cushioned the impact of the unprecedented health crisis on its ride-hailing business. The transportation sector was one of the worst hit by the pandemic. As mobility ground to a halt amid lockdowns and other restrictions in 2020, Grab quickly accelerated its shift from ride-hailing services to deliveries to meet increased dem

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RBI holds repo rate steady at 6.5%, forecasts 7% GDP growth and 4.5% Inflation for FY25

CFO News

The RBI maintains another pause and keeps the rates unchanged at 6.5 per cent in the monetary policy which began on February 6 and concluded on February 8.

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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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Investors rank securing talent as top corporate priority in 2024: EY

CFO Dive

Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.

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Empower Growth and Accelerate Innovation in Life Sciences with SAP S/4HANA Cloud Public Edition

Navigator SAP

Growing a life sciences business is not an easy task. The life sciences industry presents plenty of opportunity, but operational complexity and regulatory challenges also are significant. You know this as an executive at a life sciences business. We understand the challenges of growing a life sciences business as well, because we’ve been helping life sciences businesses scale for many years as a leading ERP implementation partner that specializes in your line of business.

SAP 177
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U.S. Technology Adoption, 1900-2021

Barry Ritholtz

A century of tech adoption in 30 seconds click for animation Source: Blackrock The post U.S. Technology Adoption, 1900-2021 appeared first on The Big Picture.

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A Modern Nonprofit Podcast: A Different Approach to Earned Income for Nonprofits

The Charity CFO

John Renouard is the founder and executive director of the nonprofit organization, WHOlives. Like many nonprofit entrepreneurs, John’s career path wasn’t centered around becoming a 501c(3) director. For him, the journey truly started after he became curious about his son’s humanitarian and missionary work in Africa. The curiosity drove him and his wife to travel extensively through Mexico, Central America, and South America before diving deeper into exploration with a trip to Africa.

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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.