Sat.Oct 09, 2021 - Fri.Oct 15, 2021

article thumbnail

Why It’s Time for Finance to change

Jedox Finance

Ask finance and accounting professionals if they would like to do more value adding work and you’ll hear a re-sounding “YES!” Ask them why they are not just doing it already and most often you will hear “I don’t have time”. This is like a chronic disease of the finance function but unlike most chronical diseases this one has a cure! To change the mindset of CFOs and their finance function from “a cost center to becoming a profit driver” as we discussed in a previous article, “Exploring the minds

Finance 119
article thumbnail

Why is Oracle EPM Cloud so Groovy?

Qubix

Have you ever wondered what Groovy is and what makes it so crucial to enhancing the depth and breadth of Oracle Enterprise Performance Management Cloud capabilities? This blog explains what Groovy is, why it matters, and what problems it can solve for your business.

Finance 98
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How To Prepare for Financial Risk With Continuous Planning

Planful

A CFO should do everything in their power to avoid events that would damage their company’s finances. Yet, many CFOs are risk-averse to a fault. Ernst & Young’s 2020 DNA of the CFO survey revealed that finance teams in private organizations “are seen as too risk-averse and cost-conscious.” These risk-averse CFOs often shy away from […].

article thumbnail

Sustainability, ESG, and the Future of Investing: A Review

CFA Institute

This curated collection of Enterprising Investor 's ESG coverage showcases the key sustainability issues through the perspectives of both ESG proponents and critics.

article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

Exploring the mindset of CFO 4.0

Jedox Finance

“What got you here won’t get you there” is a popular saying and CFOs around the world have long since realized this. However, creating the actual change needed to “get us there” is not taking place at the speed required. The WHY is understood but the WHAT and the HOW is where the going gets tough. In a recent post “Behold the Emergence of CFO 4.0” , we explored the emergence of CFO 4.0 and outlined five key changes for CFOs and their finance teams to make to get into the future.

CFO 98

More Trending

article thumbnail

How to Benchmark Your OpEx Profile

The SaaS CFO

When I review a SaaS P&L for the first time, I take a high-level approach to understand the financial health of the business. I break the P&L into two sections, the “top half” and the “bottom half.” The top half contains revenue, COGS departments and our gross profit. The bottom half contains our operating expenses […]. The post How to Benchmark Your OpEx Profile appeared first on The SaaS CFO.

article thumbnail

Less Efficient Markets = Higher Alpha?

CFA Institute

Shouldn't less efficient capital markets with greater information asymmetries offer more alpha opportunities?

article thumbnail

The Evolving Role of FP&A: The Value of Extended Planning

Jedox Finance

The role Financial Planning & Analysis plays within an organization has always been vitally important. At a recent CFO Magazine Australia event on the 'Future of Finance,' three industry professionals using Jedox shared how FP&A has supported their organizations through very challenging times.

article thumbnail

What is Financial Reporting?

Centage

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. For most organizations there are four key financial statements that present a complete picture of the financial condition and results of a business: Balance sheet : Lays out the ending balances in a company’s asset, liability, and equity accou

article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

What Is The Most Important Number In The Universe?

The CFO Centre

Numbers matter. Our mathematical universe is constructed of numbers. Some we can see. Most we can’t. From the speed of light to the parabolic curve of a free-kick in soccer, maths underpins the laws of the universe. We can also deconstruct our entire lives in numbers. The average human lives for around 80 years – […]. The post What Is The Most Important Number In The Universe?

Numbers 59
article thumbnail

Delaware Incorporation: To Flip or Not to Flip? That is the Question

VCFO

The U.S. share of global venture investment has held steady at around 50% for the past five years. It was 51% in 2020. While this is down from an 84% share in 2004, and 90%+ share throughout the 1990s, high-growth tech companies with global market opportunities and unicorn potential would nonetheless be foolish not to consider the possibility of accessing the U.S.

article thumbnail

Global economy to grow 5.9% in 2021, recovery momentum weakens

Future CFO

The global economy is projected to grow 5.9% in 2021 and 4.9% in 2022, 0.1 percentage point lower for 2021 than in the July forecast, said IMF recently. . The downward revision for 2021 reflects a downgrade for advanced economies — in part due to supply disruptions — and for low-income developing countries, largely due to worsening pandemic dynamics, the organisation noted. .

article thumbnail

What is Ransomware, How Does It Affect Your Business & How Can You Prevent It?

CFO Leadership

Picture this: you’re working at your desk, just like any other normal weekday. Your notification bell dings and suddenly there’s an email in your inbox that, though it looks somewhat suspicious, mentions a C-suite executive, client, or other internal information. It could be important, so you click the link or download the attached file. Your screen goes black and a pop up window comes up demanding money in exchange for your company data.

article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

How Do I Recover from Business Financial Fraud?

CFO Share

Small business fraud is an unfortunately common occurrence. In fact, more fraud occurs in small businesses than in large corporations due to the lack of controls and oversight. If you have detected signs of fraud or identified a fraudster, you are halfway through the journey towards recovering from fraud. What are the signs of business financial fraud?

article thumbnail

Finance and IT: Why Collaboration Matters

Beacon CFO Plus

by Rob Joseph, Director, BeaconCFO Plus. In many organizations, the information technology (IT) and finance departments have long had a transactional relationship, handing off a task or project rather than working together. You may even occasionally hear things like this: “Finance just doesn’t get it.” . “IT has no idea how we operate.” . These statements are becoming a thing of the past as the digital shift across all industries has linked finance and IT like never before—and more organizations

Finance 52
article thumbnail

Finance Teams: Avoid These 9 Biggest Mistakes When Adopting New Technologies

The Finance Weekly

Digital transformation has been a competitive norm in the world of corporate finance for years now. The development of new technologies in several industries, such as , DataRails, , PureShare Activemetrics , and , NetWrix , that have improved the pace and quality of work. However, as aware as every organization with a finance team may be of this, many have consistently made several specific mistakes in this process, which sabotages their attempted improvement.

article thumbnail

9 Nobrainer Steps to Prevent Ransomware for Your Company

CFO Leadership

Though ransomware doesn’t get nearly as much attention as the more general malware, after you learned what ransomware is, you’re probably starting to see how much more crippling it can be for businesses of all sizes. So what’s a company to do to prevent ransomware? Luckily, there’s a lot you can do prior to a ransomware attack. Like with all cybersecurity, proactive measures end up preventing more attacks from happening.

article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. 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

CFOs: 60% of organisations experienced wage inflation in 2Q21

Future CFO

A global survey of 111 CFOs from different industries in July revealed that 60% of organisations experienced wage inflation in 2Q21, nearly double the amount compared to the previous quarter, said Gartner recently. Nearly three in four CFOs polled cited the risk of lower profitability as their top concern as organisations face broad-based input price inflation increases, ranging from salaries and wages to higher costs for commodities and freight shipping, the advisory firm noted.

article thumbnail

Passive Management: The Baseline for Defined Contribution Plan Sponsors?

CFA Institute

If active managers cannot add value, then passive is the preferred position, not the other way around.

article thumbnail

What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

The first step any company must take to improve the results of their work is thoroughly analyzing and monitoring their progress. The development of , FP&A solutions (particularly, innovations such as financial software) in recent years has empowered many organizations to both better understand and significantly improve their performance. Although all members of a finance team play a role in the integration and use of FP&A solutions, the influence of the Financial Controller (FC) is parti

article thumbnail

What is the difference between integrated business planning (IBP) and Extended Planning and Analysis (xP&A)?

Anaplan

IBP and xP&A are the future of enterprise business planning, but each has unique attributes to fit various use cases.

article thumbnail

Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

article thumbnail

Global economic recovery lost momentum in Q3

Future CFO

Global economic recovery lost momentum in Q3 2021 though overall confidence and orders remained at high levels across regions, said ACCA and the Institute of Management Accountants (IMA) recently when releasing results of the latest Global Economic Conditions Survey. . Survey highlights. While global confidence fell by nine points in Q3, confidence jumped in Asia Pacific (+11) and South Asia (+20), after falls in the previous survey.

article thumbnail

ION Treasury’s City Financials solution goes live at Trivium Packaging B.V.

ION Group

City Financials, a cloud-based system, supports Trivium Packaging’s treasury, risk management, and commodities hedging AMSTERDAM – 14 October 2021: ION. The post ION Treasury’s City Financials solution goes live at Trivium Packaging B.V. appeared first on ION.

article thumbnail

Four Techniques Companies Use To Advance In Today’s New Economic Environment

The Finance Weekly

This past year has magnified challenges for organizations and their respective industries in unique ways, but there's one common theme we've noticed across the board: Those who were able to adapt quickly found new, unexpected ways to thrive and grow in the midst of one of the most difficult market environments in modern history. It all boiled down to one thing - speed.

article thumbnail

Getting Started Successfully with Low-Code and No-Code Platforms

Collectiv

Even if you’re not a developer, it’s possible to create highly complex applications without spending a huge chunk of your budget or waiting around for months or years. If you’re looking for someone to thank…thank the low-code no-code approach. Low-code or no-code platforms ensure you write little to no code as you produce robust applications that both support and advance your enterprise.

article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.