October, 2023

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Innovation in finance: How CFOs can lead the charge

CFO News

One of the primary ways CFOs can lead the charge in innovation is by harnessing the power of technology. The finance industry has witnessed remarkable advancements in recent years, including blockchain, artificial intelligence, and big data analytics. These technologies can be leveraged to streamline financial processes, reduce costs, and improve decision-making.

Finance 98
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CFOs keep focus on tech, profitability: Grant Thornton

CFO Dive

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

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Trending Sources

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation.

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The I Bond’s fixed rate will rise. But by how much?

Tips Watch

By David Enna, Tipswatch.com It’s clear to me that Treasury will increase the fixed rate on the U.S. Series I Bond at the November 1 reset. This is an easy call. But how high can it go?

Treasury 114
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Capital Structure – Beyond the Income Statement

VCFO

Beyond the Income Statement – Why Capital Structure Matters The Income Statement is often a place of disproportionate focus for business owners. Many use it to assess questions like “Am I cash positive?” or “Am I able to spend like I want and pay my bills comfortably?” as a barometer for business health. While the Income Statement does provide a view of historical (e.g., monthly, annual) performance, much more is needed for effective strategic planning – proactive planning that looks beyon

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What businesses can learn from the F-35B fighter jet failure

CFO Dive

When planning complex projects, it’s important to focus on their core purposes without adding nonessential features, project management expert Dr. Te Wu writes.

Planning 272
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Navigating around the changes in FP&A post-pandemic

Future CFO

A lot has changed when the COVID-19 pandemic hit the world--there is no question about that. Businesses and firms trod around the adjustments they need to adhere to left and right to keep their companies afloat. All functions of businesses needed to be checked and most had to be overhauled to keep up with the ever-changing dynamics happening around the globe.

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CFOs should proceed cautiously as SBA loan access eases, experts say

CFO Dive

The Small Business Administration's new loan rules are expanding credit access to more companies but experts warn that it could lead some borrowers to take on too much debt.

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Leveraging AI in your monthly close process

CFO Dive

Savvy accounting leaders who “see the writing on the wall” are focused on bringing cutting-edge technologies into their teams’ daily tasks, including the monthly close, writes Horváth’s Tony Klimas.

Leverage 300
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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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The Future of SAP Business ByDesign: 2023 and Beyond

Navigator SAP

SAP Business ByDesign has grown into a trusted, mature ERP solution for fast-growing and medium-sized business since its initial release in 2007. With its use of SAP’s new Business Technology Platform (BTP), Business ByDesign is further evolving into a core product for businesses not ready for SAP’s flagship S/4HANA ERP solution.

SAP 297
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CFOs applaud RBI's stable policy, believe rate pause to uplift India Inc's capex plan

CFO News

Last week, the Reserve Bank of India (RBI) decided to keep the repo rates unchanged at 6.5% for the fourth time in the fiscal. ETCFO spoke with finance leaders to understand the impact of pause and stable policy on India Inc's growth and expansion plan.

Planning 144
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The Greatest Missed Opportunity of Our Lifetimes

Barry Ritholtz

The chart in this morning’s reads shows what it is going to cost to fund the interest payments on the federal debt. It’s gone vertical as rates have moved from effectively 0 to over 5%. When rates were zero all of corporate America refinanced, lowering the cost of their debt to historically low levels. Households did the same; today 61% of homeowners with a mortgage are paying 4% or less in interest.

Treasury 133
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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. After a buzzy open, when the stock jumped from its offering price of $30 a share to $42, the stock has quickly given up those gains and now trades at below to its offer price.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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There are four million households in North Carolina

The Reformed Broker

Conservatory at Biltmore, by Ann Vasilik via Our State There are four million households in North Carolina. Approximately half of those households (1.922 million) are comprised of a married male and female with children. Another half million are a female head of household with kids. There’s 180,000 or so male-led homes with children and then 1.4 million non-family households.

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PCAOB chief slams auditors for 40% error rate

CFO Dive

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing 343
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What is a Ready-To-Validate Cloud Platform?

Navigator SAP

Running a life sciences business comes with all the needs and challenges of a typical business, but there also often are additional regulatory considerations. One of those considerations is Food and Drug Administration (FDA) systems validation. Life sciences businesses that serve the U.S. market must prove that their systems engage in FDA-approved processes that meet FDA standards around quality, consistency, traceability and other requirements.

Auditing 256
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J&K Bank's statutory auditors removed prematurely

CFO News

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

Banking 138
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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The Enshittification of Amazon Continues…

Barry Ritholtz

In August of 2022, I explained how Amazon became ordinary. Today I want to discuss how they have become bad. Since I first discussed the companies that lost my affection during the pandemic nearly two years ago, Amazon continues to stand out as delivering an ever-worsening set of experiences. I wanted to wait until after the (faux retail holiday) Prime Day(s) ended before sharing a few tales of further (to use Cory Doctorow’s phrase) “ Enshittification.” There are many problem

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Market Bipolarity: Exuberance versus Exhaustion!

Musings on Markets

As we enter the last quarter of 2023, it has been a roller coaster of a year. We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. In the first half of the year, we had positive surprises on both fronts, as inflation dropped after than expected and the economy stayed resilient, allowing for a comeback on stocks, which I wrote about in a post in July 2023.

Marketing 122
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A Luxury Slowdown

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings – “Average commercial and consumer loans were both down from the second quarter as higher rates and a slowing economy have weakened loan demand, and we’ve continued to take some credit tighteni.

Finance 115
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Gensler says SEC aims to avoid overreach on climate risk rule

CFO Dive

The SEC chief has come under fire for proposing that companies release data on the greenhouse gas emissions by their suppliers and customers.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Regulated Industries: Growing Food & Beverage Manufacturers Need ERP

Navigator SAP

When food and beverage firms are small, it is often possible to get away with idiosyncratic or inconsistent processes that have been home-grown. But as a food and beverage manufacturer scales up, quality control becomes more important and often required.

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Jupiter Wagons order book to exceed Rs 4,000 crore with revenue visibility for next 3.5 years: CFO

CFO News

Sanjiv Keshri says the company sees a big share of the upcoming Indian Railways tender for about 55,000 wagons; only challenge is execution.

CFO 126
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$109 Trillion Global Stock Market

Barry Ritholtz

Source: Visual Capitalist Batnick also takes a swing at this: What’s the Stock Market Worth? The post $109 Trillion Global Stock Market appeared first on The Big Picture.

Marketing 133
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I Bond’s fixed rate: An updated projection

Tips Watch

By David Enna, Tipswatch.com Back on Oct. 8 I posted an article, “The I Bond’s fixed rate will rise. But by how much?” attempting to forecast the potential new fixed rate for the U.S.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.