Sat.Apr 01, 2023 - Fri.Apr 07, 2023

article thumbnail

Should CFOs Use ChatGPT

CFO Leadership

Should CFOs Use ChatGPT For years, we’ve been anticipating the arrival of ubiquitous AI. And for years, we’ve seen glimmers of hope both in our personal lives, like when an AI system bested Jeopardy’s grand champs, and in business, like when product searches started actually providing useful suggestions of additional items to buy and good alternatives to the ones in your search.

article thumbnail

No, AI isn’t coming for your CFO seat

CFO Dive

CFOs are likely here to stay for the foreseeable future, despite predictions that automation will transform corporate finance functions, experts say.

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

The CFO Guide to Gratitude 2023

CFO Leadership

by Scott Johnson TLDR You think you need a reward program. What you need is a gratitude program that happens to include rewards. We hope you don’t let your company miss the mark when they start talking about ‘Employee Engagement’ initiatives. Show me the money… Someone says, “We need better employee engagement.” Someone else says, “We did a survey and need more recognition.

CFO 59
article thumbnail

Automation can curb finance burnout

CFO Dive

Finance leaders are looking closer at automation as a talent retention tool as employees eye new opportunities.

Finance 307
article thumbnail

Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

article thumbnail

$33 Trillion in Sovereign Wealth Funds

Barry Ritholtz

The consulting firm Global SWF tracks all the important info about Sovereign Wealth Funds (SWFs) and Public Pension Funds (PPFs). Its an amazing collection of charts and data. The asset value peak was $33.6 trillion (USD) in 2021; that’s down only slightly to $31.4 trillion as of the end of 2022. Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing.

Marketing 124

More Trending

article thumbnail

Marketers, pricers are out of sync on inflation strategy

CFO Dive

CFOs have major decision power when it comes to developing pricing — the fastest lever companies can pull to adjust to inflation, Revionics’ Matt Pavich says.

Marketing 283
article thumbnail

Audit watchdog NFRA asks Mahindra Holidays to review its accounting policies and practices

CFO News

NFRA asks the company to review accounting, disclosure policies and report by June 30.

article thumbnail

Your New ERP is Worse Than Your Old System—But Only for the First Year

Navigator SAP

There’s an interesting and well-known issue that many businesses face right after upgrading their ERP solution: The new system performs worse than the old one.

241
241
article thumbnail

It’s not a funnel, it’s a filter.

The Reformed Broker

I get a lot of emails and LinkedIn messages about our “funnel” these days. Hiring funnel, sales funnel, etc. Usually it’s coming from well-meaning companies who are focused on recruiting and headhunting or lead generation and prospecting. A typical firm in our industry is probably in need of what they’re offering. I have tried to build an atypical firm.

Sales 138
article thumbnail

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

article thumbnail

Esker, HighRadius top C2C software rankings

CFO Dive

Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.

284
284
article thumbnail

Big Tech, Big Returns?

Barry Ritholtz

A quick note before everybody scampers off for the holidays. The impact of Technology on indices since the GFC is indisputable. But if you want to see exactly what their weight looks like on markets over that decade-plus era, check out the Statista video above. Or, you can see Invictus applying Bob Farrell’s rules to the Tosteern Slok’s FANGM work: Time to invoke Farrell’s Rule #7?

article thumbnail

Maximize NOI With the Right ERP for Property Management

Navigator SAP

Net operating income (NOI) is a crucial metric for countless businesses. Using the right ERP for field services and property and equipment management to introduce automated recurring billing and income projections can significantly affect your profitability.

130
130
article thumbnail

The ground is quaking

The Reformed Broker

The prompt: The output, copy-pasted into my blog’s CMS: This is a rainbow stripe! Obviously anyone who knows how to code could have knocked this out in a second without even having to think about it. But how many people don’t know how to code? Most? We’re heading into a future in which not knowing how to do a thing is going to matter much less than ever before.

138
138
article thumbnail

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.

article thumbnail

Walmart automates to combat inflation, CFO says

CFO Dive

The retailer is upping its investments in automation as it looks to manage costs and pricing during an inflationary environment.

CFO 273
article thumbnail

Buy This, Sell That? Please Don’t…

Barry Ritholtz

Ever see those IR stories announcing a firm is “increasing its exposure” or “boosting our stake” or “unloading shares” in a given company? Sounds like someone with more resources, insights, and connections KNOWS something about a stock that you do not. Should you then follow the recommended announcements? Absolutely not. Here is why: These posts seem to be a bizarre combination of public records scraping and AI; they look like they were designed to generate clicks rather than reflect honest inve

article thumbnail

Driving Innovation With the Best ERP for Research and Development

Navigator SAP

As a research and development manager, your main responsibility is to collaborate with your team members to perform effective experiments and provide your company with practical insights that can be used in the development of innovative products. To do this, you and your team need the autonomy and flexibility to collaborate and document processes and formulas used at every stage of your research and development.

130
130
article thumbnail

This Week on TRB

The Reformed Broker

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. . The post This Week on TRB appeared first on The Reformed Broker.

132
132
article thumbnail

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.

article thumbnail

FASB chooses single software accounting model

CFO Dive

The new project marks the first time in decades that the U.S. accounting standard setter is revisiting accounting for software costs.

article thumbnail

Getting So Much Better All the Time

Barry Ritholtz

 A quick note before the 3-day holiday weekend consumes all: I was thumbing through the Oscar edition of a recent glossy mag when I came across an article by James Pogue titled “ West of Eden.” It’s a discussion of folks on the fringe right, including preppers, dystopian billionaires, and a bunch of off-the-grid, back to-the-land, radicals. I can sum up the entire vibe with a single quote: “ If you’re not willing to shoot federal agents, then you’re not serious about it.

111
111
article thumbnail

Choosing the Right ERP for Repair and  Maintenance Companies

Navigator SAP

If you run a repair and maintenance business (Field Service, Building Maintenance…), you need to have the right tools and systems in place to help you consistently deliver high-quality services. One of these systems is an enterprise resource planning (ERP) platform. An ERP system helps your business run more smoothly and efficiently, thus increasing overall productivity and customer satisfaction.

Planning 130
article thumbnail

The Nuts and Bolts of Private Commercial Real Estate (CRE) Investing

CFA Institute

What terms, metrics, and concepts do investors need to have under their belt to approach the CRE asset class?

article thumbnail

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.

article thumbnail

Modern finance goes leaner

CFO Dive

No matter how big a company’s finance department is these days, it’s most likely much smaller than it would have been just a few decades ago.

Finance 272
article thumbnail

Talent Strategies Demand a New Normal

CFO Leadership

The war for talent is over … and talent won, reinforcing that people and the future of work represent the defining business challenge for the next decade. People and culture sit atop the list of key risk concerns of board members and executives worldwide looking out over the next 12 months as well as into 2032, according to the latest Top Risks Survey from Protiviti and NC State University’s ERM Initiative.

article thumbnail

Weekend Reading For Financial Planners (April 8-9)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning software tools for topics like taxes and Social Security as advisors continue to seek tools tobroaden and deepen their planning capabilities.

article thumbnail

RBI’s monetary policy stance a ‘pause not pivot’: Here’s what Guv Das’s move indicates

CFO News

The central bank remains watchful and does not hesitate to take further action necessary given the unprecedented and uncertain environment. While the priority continues to be price stability. However the question is growth versus inflation, what does this stance mean?

Banking 98
article thumbnail

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.