Sat.Nov 18, 2023 - Fri.Nov 24, 2023

article thumbnail

Leveraging AI to step up your CFO game in 2024

CFO Dive

While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.

Leverage 238
article thumbnail

Armed to the Teeth

The Reformed Broker

“Armed to the teeth.” This is the phrase that came to mind as I was watching Josh Smith walk us through the demo of VRGL last week. I thought to myself it would be impossible for a mediocre financial advisor to hold onto a client relationship if something like this were in use by a rival advisor. The ability to show a prospective client this level of transparency on taxes, fees, allocation decision-making, etc.

67
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Using machine learning algorithms is crucial to make FP&A functions more responsive, insightful, and efficient. Why Should FP&A Leaders Consider to Integrate AI? FP&A leaders experience , significant advantages when they embrace AI. From improved accuracy to gaining a competitive edge.

article thumbnail

Is the ESG Craze Really Fading?

Barry Ritholtz

Most people don’t know that it is the editors, not the writers, who craft headlines. This should be common knowledge among media consumers (but it’s not). Perhaps this is why well-written articles are often skewed or even undone by clickbait headlines. Case in point: Wall Street’s ESG Craze Is Fading As the article points out, “investors withdrew more than $14 billion from sustainable funds this year” after weak performance traced in part to higher interest rates.1 But the article also points o

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

So, You Want to Be a Fractional CFO.?

CFO Selections

A new breed of finance professionals is emerging, known as fractional CFOs." In the ever-evolving world of finance and business, the role of the Chief Financial Officer (CFO) has undergone significant changes. Gone are the days when CFOs were primarily responsible for managing a company's finances in a traditional 9-to-5 role. Today, a new breed of finance professionals is emerging, known as fractional CFOs.

CFO 52

More Trending

article thumbnail

Top M&A trends in 2024

Future CFO

There are several top M&A trends in 2004, according to advisory firm Gartner. These top M&A trends in 2024 include unlocking technology M&A opportunities amidst macroeconomic ambiguity; using artificial intelligence (AI) to improve M&A processes; acquiring AI-based businesses; and navigating an increasingly complex regulatory environment.

article thumbnail

State of the Economy: Performance of High Frequency Indicators in October 2023

CFO News

Witnessing a record level of digital transactions through UPI and one of the highest levels of GST collection, the Indian economy saw a cheerful month of October. With the festive season boosting the domestic demand, the world looks up to India for its positive GDP growth.

52
article thumbnail

Economy sputtering toward ‘very short recession’: Conference Board

CFO Dive

The economy will likely shrink in coming months and end 2024 with just lackluster growth, the Conference Board said.

270
270
article thumbnail

The Strength of the Clean Core: Why It Matters for Your Business

Navigator SAP

Businesses need a centralized backend system for efficiently conducting operations, which is why enterprise resource planning solutions (ERP) have become the standard kit for all but the smallest firms.

Planning 278
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

Slowing U.S. Economy, State by State

Barry Ritholtz

We spend way too much time trying to predict the future (especially this time of year). Rather than engage in futility, let’s look at the coincident indexes in all 50 states over the past 3 months, via the Federal Reserve Bank of Philadelphia (October 2023). Note: I have been occasionally eyeballing this map since 2008 , and it does a good job of showing the overall trend of the economy (on an obvious lag).

Banking 141
article thumbnail

What can Businesses learn from World Cup Cricket 2023?

CFO News

Delving into the fervor of cricket World Cup, seasoned finance expert Robin Banerjee extracts business insights. From embracing unpredictability to deciphering psychological strategies, he uncovers invaluable lessons, linking the cricketing arena to the dynamic world of business and finance.

Finance 111
article thumbnail

Testing AI in the finance function: McKinsey

CFO Dive

In coming years, generative AI will be “table stakes” for all forward-looking finance teams, according to a McKinsey AI guide for CFOs.

Finance 278
article thumbnail

Weekend Reading For Financial Planners (November 25-26)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that FINRA has issued a proposal to allow broker-dealers to advertise hypothetical performance data to institutional and high-net-worth investors, which would bring the rules for broker-dealers largely in line with those for investment advisers, but also raises questions about the comparative roles and regulations for the two groups.

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.

article thumbnail

10 Thanksgiving Day Reads

Barry Ritholtz

My Turkey Day reads: • The Wild World Inside Your Gut : We tackled everything from heartburn, stress, spicy foods and colon cleanses to antibiotics and more. So grab a kombucha, get comfortable and read on for everything you’ve wanted to know about the wild world inside your gut. ( New York Times ) • These People Are Responsible for Thanksgiving’s Most Polarizing Food : How did a berry synonymous with one day of the year become the crown jewel of a billion-dollar business cooperative?

article thumbnail

Faceless scrutiny assessment under GST may take some time: GSTN official

CFO News

The introduction of faceless scrutiny assessment for Goods and Services Tax (GST) returns may be delayed, according to a senior official. This system involves no direct interaction or physical document submission between tax officers and assesses. Initially introduced by the Income Tax department, it was later extended to Customs.

111
111
article thumbnail

Weaker consumer spending to trigger mild recession in 2024: Fannie Mae

CFO Dive

Consumer sentiment sagged this month, a survey showed, bolstering forecasts that holiday sales and consumer spending will decline in coming weeks.

article thumbnail

Optimizing Your Advisory Firm Website’s Process Page For Prospect Conversion

Nerd's Eye View

As marketing and prospecting processes become increasingly digital for financial advisors, many prospective clients learn about advisors and what they offer not from an introductory call, webinar, or speaking event but from the advisor's website itself. Talking about money is often highly personal and can leave individuals feeling vulnerable, so choosing who to serve in such a high-trust role as a financial advisor can have immense stakes.

article thumbnail

PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

article thumbnail

10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train WFH reads: • The Share of Americans Who Are Mortgage-Free Is at an All-Time High : Almost 40% of US homeowners own their homes outright as of 2022—many of them baby boomers who refinanced when rates were low. ( Businessweek ) see also Why Your Office Space Continues to Shrink : Despite more than a billion square feet of empty office space in the US, a return to roomier layouts and private offices does not seem to be in the cards. ( Bloomberg ) • Satoshi Is Black

article thumbnail

MAN Industries case: NFRA imposes 5-year ban on auditor for lapses

CFO News

The order came after NFRA received a letter from Sebi regarding the financial irregularities committed by the company. Thereafter, the regulator initiated action to investigate into professional or other misconduct of the statutory auditor of MIIL.

105
105
article thumbnail

OpenAI chaos shows need for multiple-vendor approach: Zoom CFO

CFO Dive

Zoom is one of many companies that have been betting heavily on the future of artificial intelligence following the rapid rise OpenAI’s ChatGPT service.

CFO 246
article thumbnail

#FA Success Ep 360: Growing To 100+ Clients With $100M+ AUM With Intentionality To Leave Time For Family, With Suzanne Powell

Nerd's Eye View

Welcome back to the 360th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Suzanne Powell. Suzanne is a Senior Financial Advisor at Meridian Wealth Management, an RIA based in Lexington, Kentucky, where she oversees approximately $110 million in assets under management for nearly 150 client households. What's unique about Suzanne, though, is how she grew to more than $100M of AUM by intentionally organizing her schedule from month to month throughout the year, cl

article thumbnail

Finding “The One:” The Ultimate Guide to Selecting Financial Software

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

As finance and accounting practitioners, you are expected to complete daily operations as well as to manage next generation tools and resources to support a business that is growing in complexity. Having the right software can be critical in juggling and meeting those high expectations. The path to the right software, however, is paved with challenging decisions.

article thumbnail

Amid volatility, this week’s 10-year TIPS auction still looks attractive

Tips Watch

Note: The auction will close Tuesday at 1 p.m. because of the Thanksgiving holiday. By David Enna, Tipswatch.

article thumbnail

Mazars sees Forvis tie-up propelling it among top 8 accounting firms in India

CFO News

India managing partner Bharat Dhawan says after the combination with US firm Forvis, Mazars overall would become a global network of about $5 billion in revenue, resulting in significant revenue for Mazars India.

article thumbnail

Nikola CFO steps down after six months amid wobbly EV market

CFO Dive

Anastasiya Pasterick will leave the EV maker after a half-year stint in the top financial seat to take a CFO role at aerospace firm Universal Hydrogen.

CFO 236
article thumbnail

Anatomy Of An RIA Sale, Merger Or Acquisition: 5 Important Legal & Compliance Steps

Nerd's Eye View

For all of the myriad ways financial advisors can structure and run their practices, firm owners generally encounter similar stages in the development of their firms. At some point, solo advisors will need to decide whether to increase their headcount, and an ensemble practice may later evolve into a centralized brand with significant enterprise value.

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

All Hell Breaks Loose in AI

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: ►Sam Altman – OpenAI turmoil. ►Buyback SURGE – “$QQQ largest weekly inflows on record this past week.” ►NVDA Earnings – “The chip maker’s earnings beat Wall Street expectations in.

Finance 67
article thumbnail

Can't accept Hindenburg's Adani claims as ipso facto correct, no reason to doubt Sebi probe, says Supreme Court

CFO News

An apex court bench rallied behind the regulator, saying it found no material to doubt the Sebi investigation or the impartiality of the expert committee headed by former Supreme Court judge Abhay Manohar Sapre. The panel had been appointed by the top court on March 2 to examine regulatory mechanisms to protect investor interests, following the January report by the US-based shortseller that sent Adani stocks tumbling.

105
105
article thumbnail

Coupa names new CFO in C-suite shakeup

CFO Dive

The appointment is the latest in a series of leadership changes at the company following its acquisition by private equity firm Thoma Bravo.

CFO 231