Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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4 Common Myths of AI in Finance Organizations

The Finance Weekly

Artificial intelligence (AI) has dazzling possibilities and high expectations, but there are many misconceptions about how it can impact the office of finance. Let's explore four of these myths and their potential to perpetuate limiting beliefs that can impact the ability of a business to compete in the market and attract talent. Myth #1 “There is no need to alter our current course of action.

Finance 98
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Walmart CFO aims for market share as shoppers trade down

CFO Dive

The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.

Marketing 144
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Trending Sources

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The Ins and Outs of Budgeting and Planning Drivers

Centage

In the current economic climate, proper financial planning and management are more essential than ever before. With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. A newer approach to financial management, driver-based planning involves examining a company’s main business and value drivers with a goal of designing plans and budgets with them in mind.

Budgeting 105
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Why Business Uncertainty is the Right Time for ERP

Navigator SAP

These are interesting times for business. The Covid-19 pandemic shook almost every industry around the world, and the new normal is different than what came before. But part of what makes the new normal different is that uncertainty and disruption haven’t gone away any more than the Covid virus itself. Beyond just the pandemic, the world is in flux.

Planning 235
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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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Passive vs. Active

Barry Ritholtz

Yesterday I spent some time with Eric Balchunas recording a Masters in Business podcast. Balchunas is Senior ETF Analyst for Bloomberg Intelligence and the author of “ The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions.”. It’s a fun conversation I’m sure everybody will enjoy. There are parts of our discussion I thought were obvious, but he convinced me as underappreciated: First and foremost, the intense disruption of low-c

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Equity Risk Premium Forum: Gloom Looms?

CFA Institute

“How many here think the next 10-year equity returns are going to be below the long-run average? I certainly do. Is there anyone here who doesn’t?”.

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What Is the Best ERP System for Manufacturing?

Navigator SAP

One of the main success factors for modern enterprises is having access to real-time financial data. This can only be achieved through streamlining the process of collecting, managing, and sharing data in your organization. That’s why cloud-based enterprise resource planning (ERP) systems have become vital to modern manufacturers.

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Countertrend ?

Barry Ritholtz

One of my favorite ways to contextualize market trends is to divide long periods of time into secular bull and bear markets. When we look at the past century, we can see decades-long eras where the economy is generally robust, supporting markets trending higher, with expanding multiples. We call these eras Secular Bull Markets. The best examples are 1946-66, 1982-2000, and 2013 forward.

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SEC backs tougher rules for audits involving multiple firms

CFO Dive

SEC Chair Gary Gensler hailed efforts to avert significant errors in audits by multiple firms, including mistakes in the calculation of revenue and measurement of fair value.

Auditing 249
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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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This Week on TRB

The Reformed Broker

It’s good to be back! After a much needed vacation, got back into the swing of things this week… And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These were the most read posts on the site this week, in case you missed it: The post This Week on TRB appeared first on The Reformed Broker.

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Implementation Methodology of Life Sciences ERP

Navigator SAP

Life science companies, such as those related to medical devices and pharmaceuticals, can greatly benefit from an enterprise resource planning (ERP) solution. Implementing an ERP system can be a drawn out and complex process, however. In this article, we'll discuss the major steps involved in ERP implementation so you know what to expect.

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What Does the Market “Know” ?

Barry Ritholtz

There is a link in yesterday’s reads that I violently disagreed with but found quite interesting nonetheless. Just as retweets aren’t endorsements, my AM reads include things I find fascinating, important, and well-written — regardless of whether or not they reflect my beliefs. If anything, finding contrary pieces helps reduce confirmation bias and curtails my time in a limited information bubble of my own construction.

Marketing 126
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Companies boosting tech budgets despite recession risk

CFO Dive

Despite the prospect of recession, more than half of U.S. companies are expanding their technology budgets to drive growth, PwC found in a survey.

Budgeting 258
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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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The Cash Gap: How Big is Your Gap?

CFO Simplified

Like many professionals, I try to leave my work at the office to make my personal time free of work-related concerns. However, one particular “business” topic that occasionally comes up, especially during the holidays, is our family’s “cash gap.”. The cash gap is the number of days between when we spend money buying presents, and when I get paid next.

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ERP for Medical Device Manufacturers

Navigator SAP

There are so many life science ERP software solutions out there, it can be difficult to find the right tool for your company. In this article, we'll discuss what you should keep in mind when looking at ERP systems for medical devices.

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1961 Mercedes-Benz 190SL

Barry Ritholtz

Yet another lovely open-air driver to enjoy during the summer months: The famed Mercedes-Benz 300SL Gullwing pioneered many new technical innovations, such as fuel injection and a tubular space frame. It may have been gorgeous, but it was an expensive coupe. Enter the 190SL. Built on a shortened sedan platform, it was powered by a carbureted 1.9-liter inline-four making 120 HP paired with a four-speed manual transmission.

Numbers 116
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Supply chains unclogging, slowing inflation: report

CFO Dive

With coronavirus disruptions waning, goods are flowing more smoothly across the economy, reducing price pressures, RSM said.

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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.

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Why ESG Scores for Companies Matter. A Lot.

Embark With Us

People need receipts these days. Fair or not, to a massive swath of the marketplace, if you can't prove it, it didn't happen. Or, at the very least, people will look at you sideways, and that's not exactly great for business.

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Medical Device ERP Systems

Navigator SAP

If you operate in the medical device industry, you know that things are always changing. Regulations, product lines, and customer demands are constantly shifting, which can make it difficult to keep up. This is where an enterprise resource planning (ERP) system can help.

Planning 130
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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Holes in the Recession Story. With surging inflation and a new war in Europe, the first half of 2022 was understandably gloomy for economies and financial markets around the world. But recent developments offer some hope that the prevailing pessimism may no longer be as warranted as it was a few months ago. ( Project Syndicate ). • This Year, the Boss Is in the Office While Employees Hit the Beach : Managers hoping to coax workers back to the office are

Startups 116
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ADT shuffles CFO to CTO

CFO Dive

Security company ADT is shuffling its executive suite, with former CFO Jeff Likosar becoming its chief transformation officer while Ken Porpora takes on the company’s top financial seat.

CFO 220
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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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Can You Fundraise While Your 501(c)(3) Application Is Pending?

The Charity CFO

Beyond your mission, you need two big things you need to start a nonprofit organization– money and paperwork. . Raising funds is critical to getting your project off the ground, but the paperwork can stand in your way– while the IRS says that 501(c)(3) applications can be approved in as little as 90 days, many organizations wait up to 18 months with their nonprofit application pending approval.

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Is Digital Onboarding The Future of Business Banking?

FISPAN

An Executive Insight with FISPAN Co-Founder Andrea Zand as she articulates how digitization and automation form the new client-focused experience, the biggest challenges of remote onboarding for business clients, and her predictions for future trends in business banking.

Banking 98
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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • When is a Bear Market Over? Like many things in the market, there aren’t any hard and fast rules for this kind of thing, especially in real-time. Let’s look at the 2008 scenario as an example. The S&P 500 topped out in early October 2007 and bottomed in March 2009. On a price-only basis, the index didn’t reach those 2007 highs again until March 2013: ( Wealth of Common Sense ). • How Remote Work is Shifting Population Growth Across the U.S.

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Home Depot gains record profit on home improvement craze

CFO Dive

Home Depot reported record Q2 revenue, with homeowners’ strong balance sheets helping the company to navigate successfully through inflationary pressures.

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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.