Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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5 Tips for CFOs to Limit AI Risks

The Finance Weekly

The business world is changing fast, giving Chief Financial Officers (CFOs) and their teams a chance to use Generative Artificial Intelligence (Generative AI) for innovation and efficiency. Generative AI can help in saving costs, making better decisions, and developing skills. By using , AI analytics and automation , CFOs can stay competitive and find new ways to grow.

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Preparing finance professionals in dealing with ethical dilemmas

Future CFO

Accountants and other professionals involved in implementing sustainability reporting regularly face ethical dilemmas. The Association of Chartered Certified Accountants discusses its guide to prepare financial professionals in real-world scenarios to equip them in managing dilemmas often presented by: • Risks of greenwashing • Weakness in processes and systems • Lacking technical knowledge • Compromises in objectivity and independence.

Finance 52
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Trending Sources

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Avoid Getting Caught Up In Big Market Delusions: The Case Study Of Electric Vehicles

Nerd's Eye View

A key value proposition for financial advisors is helping clients avoid common behavioral biases that can lead to suboptimal investment decisions. Even people who are normally rational decision-makers can be prone to fear, greed, and overconfidence, and the persistence of market bubbles where investors chase whatever company or sector is all the rage at the time (and often get stuck with losses when the bubble pops) shows that herd mentality in investing is as prevalent as ever.

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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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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Now is the time for CFOs to adopt generative AI solutions

CFO Dive

Finance plays a critical role in leading adoption of generative AI for powerful business outcomes. Learn the steps to get started as well as key use cases for Finance.

Finance 187

More Trending

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India Inc CFOs don't want to curtail legal spending at cost of growth

CFO News

According to the data compiled by ETIG, Legal expenses of India Inc rose almost 21% in the last fiscal year. ETCFO spoke with finance leaders to understand the impact of legal spending on their decision making.

Finance 111
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CFOs tap into strategic approach in tech investing

Future CFO

Finance leaders are now starting to delve deeper and ask bigger questions to tech professionals amid the rapidly changing world we have today. Operating chief financial officers act more as strategic partners in times of economic fluctuations. They are tasked with ensuring financial stability and compliance, but their ability to succeed in that respect depends largely on collaboration with CTOs, CIOs and other tech leaders.

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US accounting degree graduates plunge 7.4%

CFO Dive

Students snub accounting for reasons ranging from comparatively low pay to tough requirements for certification, according to financial executives.

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The Same Business Software for Every Stage of Your Company’s Growth

Navigator SAP

Each stage of the business growth journey brings new challenges for an organization. Selecting, moving data and learning new software should not be one of those challenges.

Planning 147
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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.

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What Else Might be Driving Sentiment?

Barry Ritholtz

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. I run through 30 charts in 30 minutes that explain where we are in the economic cycle, what markets are doing, and what it means to their portfolios. I like to finish with a thought-provoking, often “investing-adjacent” idea they might not have previously considered.

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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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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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CPG Industry Supply Chain Management: A Detailed Blueprint

Navigator SAP

Issues within supply chains are key CPG industry challenges , where vast, global, and often complex supply chains need to be managed at every touchpoint, from material suppliers to logistical services, manufacturers, growers, and distributors–ending with consumers.

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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.

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Dollars Are For Spending & Investing, Not Saving

Barry Ritholtz

“I need the US Dollar to be a store of value between the time I make it until I spend it, invest it, pay my taxes with it, or give it away. It does that splendidly.” 1 Today, we’re going to look at a perennial (un)favorite #chartfail. To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes.

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Audit committees, independent directors should ask questions to auditors and CFOs: NFRA Chair

CFO News

The audit committees and the independent directors should regularly communicate with auditors throughout the year and should not limit their role to reviewing the audit report only at the end of the audit, Ajay Bhushan Pandey tells ETCFO in an interview.

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Price cuts eat into Tesla margins, fail to boost demand

CFO Dive

Tesla faces contracting margins and slumping market share, with multiple price cuts for its EVs failing to persuade consumers to shell out for new cars.

Marketing 283
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CPG Industry Challenges: Navigating the Hurdles of the Consumer Goods Sector

Navigator SAP

The consumer-packaged goods (CPG) sector is broad and complex, with many enterprises focusing increasingly on their ability to adapt to volatile cost pressures and looking at how an advanced CPG solution provider can augment efficiencies, controls, and accurate forecasting to control supply chains.

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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

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Special Webinar: Fresh Insights from SAP Quote-to-Cash Event in Dallas

Bramasol

If you couldn’t attend the SAP Quote-to-Cash by TAC Insights event in Dallas, TX (or if you were there and too busy to take everything in), this webinar will provide a broad and deep exploration of the key trends, insights, and ah-ha moments from a panel of Bramasol and SAP experts. In addition to a half hour panel discussion, the session is designed as an interactive Q&A, so enter your questions below and/or bring them to the webinar.

SAP 109
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India’s GDP growth in range of 6.5% to 6.8% in FY 24-25 backed by festive season and higher government spending: Deloitte

CFO News

Deloitte India projects GDP growth in the range of 6.5 per cent to 6.8 per cent “signaling a positive outlook for India”. However, as one of the fastest growing countries, it is important for the Government of India to also focus on the MSME sector with appropriate policies and institutional mechanisms.

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Ransomeware projected to see banner year amid ‘big game hunting’

CFO Dive

Cyber insurance provider Reslience said 2023 is on track to become “the most financially damaging year” for ransomware victims since 2021.

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CPG Data Insights: Uncovering the Untold Story of Consumer Behaviors

Navigator SAP

As an investor in the consumer-packaged goods (CPG) industry, you should continuously study the behavior of your target consumers to know what they want and how you can deliver it to them promptly and consistently. To understand consumer behavior, it’s important to have the right data and to fully understand the latest CPG industry trends.

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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.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Austin’s office market is exploding. But no one is moving in. 6 million square feet of new office space will hit the market in the next few years — equivalent to 105 football fields. Between spaces completed since 2020 and what’s still in the pipeline, the office market will grow nearly 25 percent — the fastest rate on the continent.

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Morgan Stanley upgrades India to 'standout overweight' market

CFO News

India has been structurally outperforming MSCI EM index by 45.5 per cent (in USD terms) from early 2021 until October 2022, and "we expect outperformance to continue, with India starting to show a material breakout in relative EPS versus EM and having relatively low correlation/revenue from both the US and China," it said.

Marketing 105
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Cost-cutting failed to save Rite Aid from Chapter 11

CFO Dive

The pharmacy chain filed for bankruptcy as it struggled to offload $4 billion in debt, minimize its retail footprint and deal with thousands of opioid-related lawsuits.

Retail 254
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CPG Industry Trends: Unpacking the Future of Consumer-Packaged Goods

Navigator SAP

It’s no secret that the consumer products industry has rapidly morphed, especially due to the advancement of the e-commerce industry. Many consumers can get the products they need at the click of a button and their orders will be delivered right to their doorsteps within days–if not hours.

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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.