Sat.Apr 13, 2024 - Fri.Apr 19, 2024

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Retail sales surge as economy enters Q2 spurred by spend-happy consumers

CFO Dive

After the release of the retail sales data, the Federal Reserve Bank of Atlanta upgraded its estimate for the annualized rate in first quarter GDP growth to 2.8% from 2.4%.

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Moving the needle: transformation in finance

Future CFO

In the world of business where change is constant, it is a given that the finance function rides on the waves to maximise benefits for their respective organisations. According to Gartner , it is important that finance leaders fully understand the scope of changes that genuine transformation requires, as it observes that finance transformation efforts are falling short of CFOs’ objectives in large part.

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Trending Sources

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3 Question Types To Go From (Just) Retained To Highly Engaged And Happier Clients

Nerd's Eye View

After advisors do all of the work of bringing on a new client (Marketing! Prospecting! Onboarding! Compliance!), it can sometimes feel natural to let the relationship go into "maintenance mode". And while all may appear well on the surface – the client rarely contacts the advisor with problems but they show up for every annual meeting – they may actually be feeling quite disengaged with the financial planning services being provided.

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Webinar- Demystifying SAP FI-CA for Handling High Volume and Velocity of Transactions in DSE

Bramasol

As the Digital Solutions Economy (DSE) has proliferated across many industries, the challenges of data Volume, Velocity, Density and Complexity have become critical for success. In this webinar , experts from SAP and Bramasol provide a deep dive into how SAP FI-CA, with proven capabilities for contract accounting, helps to address the key Volume and Velocity issues.

SAP 101
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Live Demo: How to Achieve Reconciliation Zen

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

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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Google to restructure finance team ahead of AI push: Reports

CFO Dive

The restructuring is the latest round of layoffs by Alphabet as the company looks to funnel more than $100 billion into AI projects.

More Trending

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Weekend Reading For Financial Planners (April 20-21)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting for the CFP exam this March, reflecting the value many financial advisors and consumers place on the brand, including the requirements to obtain i

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New 5-year TIPS gets a real yield of 2.242%, 2nd highest in 15 years

Tips Watch

By David Enna, Tipswatch.com The Treasury’s auction of $23 billion in a new 5-year Treasury Inflation-Protected Security — CUSIP 91282CKL4 — resulted a real yield to maturity of 2.242%, the 2nd highest result for this term since October 2008.

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CFOs forecast stronger economy amid stubborn inflation: ACCA, IMA survey

CFO Dive

Top financial executives across North America ranked inflation as their top “risk priority,” ACCA and IMA found in a survey.

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Employee Experience Expectations

VCFO

Evolving Employee Experience Expectations in 2024 Creating an exceptional employee experience is more than a one-and-done endeavor. As people, markets, and the world around us change, so do employee expectations. Evaluating these shifts and what you need to do to not only create but sustain an optimal environment for your workforce is beneficial to your business.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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The Impact of Poor Financial Management on Business Growth

CFO Share

Business management is full of decisions that can either propel your business toward success or pitfalls. The importance of small business financial management cannot be overstated. Knowing why businesses fail financially and learning to avoid these errors early is key to maintaining steady business growth. What are the effects of poor financial decisions?

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I Bond dilemma: Buy in April, in May, or not at all?

Tips Watch

By David Enna, Tipswatch.com With Wednesday’s release of the March inflation report, the buying equation for U.S. Series I Savings Bonds became a bit clearer. We now know the I Bond’s variable rate will fall from the current 3.

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Cyber insurance gaps stick firms with millions in uncovered losses

CFO Dive

An analysis of 101 breaches across various sectors revealed insurance gaps resulting in an average of $27.3 million in uncovered losses per incident.

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NFRA's order reveal multiple lapses by Pathak HD & Associates in Reliance Capital audit; debars audit partners

CFO News

NFRA penalizes auditors of Reliance Capital for oversight failures flagged by Price Waterhouse, imposing bans and fines in response to suspected fraud, revealing gaps in financial oversight.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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Repurposing Your Content To Enhance Growth: How 1 Piece Of Content Can Cover 6 Different Marketing Tactics

Nerd's Eye View

Growing an advisory firm is no easy task – and advisors who start firms often have few resources to spare (beyond their own knowledge and time), face huge to-do lists, and are required to wear a number of hats. Foremost among their responsibilities is business development, which compels them to seek out prospects who will eventually become clients (so that they can grow their firms, allocate resources accordingly, and do even more financial planning!).

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Update: At the Money

Barry Ritholtz

I wanted to share a few thoughts about the new podcast we formally launched in December of last year, At the Money. The idea behind the show: Short, focused conversations with experts about any and all issues that affect you and your money, from spending it to investing it. Think of it as a guided tour of key ideas, sherpaed with the experts who I believe add enormous value to our understanding of how humans do behave — and should behave — around money.

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The CFO’s role in curbing third-party cybersecurity risk

CFO Dive

With vendor-related cyber risks spiking rapidly, the stakes are too high for CFOs to treat the issue as merely an IT concern, writes cybersecurity consultant AJ Yawn.

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The Economy of Election 2024

CFO News

In a report, foreign brokerage Barclays said opinion polls suggest a large victory for the Bharatiya Janata Party (BJP) in the Lok Sabha elections, despite opposition parties contesting as one alliance. “A BJP win would mean policy continuity with fiscal consolidation on track. A larger mandate may allow the party to bring its political and economic priorities on board,” it said.

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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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#FA Success Ep 381: Helping Clients Go Beyond The Plan To Actually Implement As A Fractional Financial Behavior Officer, With Ashley Quamme

Nerd's Eye View

Welcome back to the 381st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Ashley Quamme. Ashley is the Founder of Beyond The Plan, a consulting firm based in Evans, Georgia, that offers a Fractional Financial Behavioral Officer service including consulting and training to advisory firms and even direct meeting support for new or existing clients.

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Your Budget is Wrong… and That’s Okay!

CFO Selections

The first thing you need to know when creating a budget is that it is wrong from the start. In the world of accounting and finance, we like things to be precise and tie out neatly. A budget, on the other hand, is meant to be a predictive tool and a roadmap to help you get to where you are going. When you enter an address into your GPS, you often get three to four different routes you can take to get to your destination.

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NSA sounds alarm on AI’s cybersecurity risks

CFO Dive

Malicious actors on the hunt for sensitive data or intellectual property may be attracted to attack vectors unique to artificial intelligence, the NSA warned.

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Companies need to hire more women at entry level, retain them through their tougher years: Wipro CFO

CFO News

"The percentage of women (in leadership) in organisations is fewer, but it is representative of the fact that the overall percentage of women in the workforce is low. It is crucial that companies have more women at the entry level and then they are able to nurture and retain them through the tougher years.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Rebrand Your Nonprofit: Revamp Now for Success

Capital CFO LLC

You’re thinking of a rebrand for your nonprofit—how can you reignite its presence and impact? The answer may live in a bold, transformative step: a strategic rebranding initiative. Is your mission resonating as powerfully as it could? Rebranding could be the catalyst. Rebrand Your Nonprofit: Assessing the Need for Change Before committing to a rebranding […] The post Rebrand Your Nonprofit: Revamp Now for Success appeared first on Capital CFO+.

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Organisations report uptick in payment fraud in 2023

Future CFO

Organisations reported being victimised by attempted or actual payment fraud activities in 2023, according to a study by the Association for Financial Professionals (AFP), underwritten by Truist. Eighty percent of 2024 AFP Payments Fraud and Control Survey respondents admitted experiencing payment fraud woes in 2023, which reflects a 15-percentage point increase in payments fraud over 2022 and the highest rate reported since 2018.

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Controllers hunt for workarounds to ‘continuous’ reporting, accountant shortage

CFO Dive

As leaders of their firms’ accounting operations, many controllers are outsourcing work and using AI to speed accounts payable and receivable tasks.

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India Inc investing in employee benefits despite constrained budgets, rising premiums, says Plum report

CFO News

A survey by Plum reveals a doubling in adoption of customizable insurance programs for employees, a 15% rise in maternity benefits, and a 110% increase in comprehensive healthcare offerings. Amid budget constraints, companies prioritize employee well-being, with benefits now emphasizing sustainability.

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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.