Sat.Sep 07, 2024 - Fri.Sep 13, 2024

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The Treasury Function Gets Strategic

Global Finance

New tools and techniques, including AI and ML, are helping treasurers to optimize cash flow—and giving them a bigger role in strategic business decision making. Not that long ago, corporate treasurer—the top slot in every company’s green-eyeshade corps—was about the last position most observers would tag as strategic. While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed.

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Strengthening Digital Dexterity – Three steps to help CFOs deliver digital business outcomes

Future CFO

To keep pace with the constant changes brought about by digital business, CFOs need to acquire new skills and knowledge. Now more than ever, digital aptitude is not only necessary to vet business cases and measure outcomes for digital projects but it’s also needed to drive a company’s long-term success. According to a recent Gartner study, 1 companies that met or exceeded expectations for returns on digital spending increased earnings before EBITDA at a rate of 2.8 percentage points faster than

Finance 98
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Stakes Rising In The US-China AI Race

Global Finance

The intensifying competition between the United States and China over artificial intelligence (AI) is not merely an extension of their long-standing trade disputes; it is a critical battle that could reshape global power dynamics. Two recent developments have amplified the significance of this struggle: the war in Ukraine, which has vividly illustrated how AI, particularly in the form of AI-enhanced drones, can be weaponized, underscoring the technology’s lethal potential in modern warfare; and

Economics 111
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Founder Mode: A New Name for an Old Challenge

CFO Share

By now you have probably heard of Paul Graham’s essay, “ Founder Mode.” Paul’s thesis, spawned from AirBnB Founder Brian Chesky’s talk at Y-Combinator, has resonated widely within the startup community. Graham describes how a roomful of successful startup founders were given the incorrect advice to “hire good people and give them room to do their jobs… the results were disastrous.

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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

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Navigating the International Waters of Tax Compliance: A Guide for Startups

CFO Plans

As a startup operating in today’s globalized world, it’s essential to understand the complexities of international tax regulations. One crucial aspect that often gets overlooked is the requirement to file foreign ownership disclosures and potentially an FBAR (Report of Foreign Bank and Financial Accounts). Failure to comply with these regulations can lead to significant penalties and legal consequences.

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Inflation slows to three-year low, clearing way for Fed rate cut

CFO Dive

The persistence of shelter cost inflation prompted futures traders to retreat from predictions that policymakers next week will cut the federal funds rate by a half point.

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3 Underutilized KPIs DSOs Should Use to Enhance Strategic Decision-Making and Operational Efficiency

E78 Partners

Michael Honeycutt, a Director within our FP&A practice was published on Becker’s Dental + DSO Review. The full article is featured below. As seen on Becker’s Dental + DSO Review Most organizations rely on key performance indicators (KPIs) for driving strategic decisions, optimizing operations, and improving financial outcomes, and dental service organizations (DSOs) are no different.

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Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

SAP Universal Revenue Management (SAP Universal RevRec) is a cutting-edge solution engineered to elevate and simplify the complexities of revenue recognition. It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). With a 28 year track record as one of SAP's longest serving partners and the recognized experts in SAP revenue compliance and SAP BRIM/OTC offerings , the Br

SAP 64
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Strengthening group audits - Who’s responsibility it is?

CFO News

In light of ongoing debates surrounding group audits, Ashok Haldia, a seasoned finance expert and Chartered Accountant, examines the complexities of SA 600 versus ISA 600 in group audits, exploring contentious issues related to responsibility, access to working papers, and the appointment of component auditors.

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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

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The Importance of Integrity in Leadership

CFO Talks

The Importance of Integrity in Leadership In the ever-evolving landscape of corporate governance, CFOs in South Africa play a pivotal role in shaping the ethical framework of their organisations. As stewards of financial integrity, CFOs are expected not only to manage the numbers but also to lead by example, embodying the values that define responsible and transparent leadership.

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CFOs’ AI adoption gains momentum: Gartner

CFO Dive

Sixty-six percent of finance leaders are more optimistic about the technology compared to last year, the study found.

Finance 331
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How to Future-Proof Your Consumer Products Supply Chain

Navigator SAP

When consumer products companies are asked about their most important priority for reducing risk, supply chain fragility is mentioned first. A recent poll conducted by SAP found that fully 47 percent of consumer products executives surveyed indicated that strengthening their supply chain against fragility was a top priority. With barriers rising from geopolitical instability, and globalization in retreat, the consumer products supply chain has never looked more tenuous.

SAP 269
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CFO Corner With Groupe Berkem’s Anthony Labrugnas

Global Finance

Anthony Labrugnas has been the chief financial officer of Groupe Berkem, a France-based chemical group, for nearly 10 years. Berkem has been listed on the EuroNext since December 2021. Global Finance: What has been the most challenging time of the 10 years you have been CFO at Groupe Berkem? Anthony Labrugnas: The most challenging time as the financial head of Groupe Berkem was at the beginning, because of the company’s financial situation at that time.

CFO 111
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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.

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U.S. annual inflation in August fell to 2.5%, lowest since February 2021

Tips Watch

By David Enna, Tipswatch.com U.S. annual inflation continued on a downward trend in August, falling from 2.9% in July to 2.5%, the lowest annual rate in 3 1/2 years. For the month, seasonally-adjusted inflation rose 0.

Treasury 107
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Artificial intelligence may boost profit margins 2% over next five years: BofA

CFO Dive

“Investors frequently overestimate the magnitude of tech disruption in the near term and underestimate it over the longer term,” Bank of America said.

Banking 327
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Extend SAP Business ByDesign with Powerful Integrations

Navigator SAP

SAP Business ByDesign is a robust ERP solution built as a Suite-in-aBox solution, that can handle your core business operations. As businesses change and grow, you may need additional functionality and integrations with partners, clients, or third-party software. Expand your capabilities by integrating with specialized industry solutions.

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Corporate Treasurers Proceeding With Caution

Global Finance

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. Huge interest rate shifts and geopolitical uncertainties have prompted a major rethink by corporate treasurers as they steer their companies through an economic landscape that exposes them to risk and opportunity in equal measure.

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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.

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Weekend Reading For Financial Planners (September 14–September 15)

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 SEC this week fined 4 RIAs for violations of its marketing rule related to their claims that they offered 'conflict-free' financial advice. Which means that while many fee-only RIAs use the reduced conflicts that come with the fee-only model (as opposed to firms that receive compensation from commissions and other sources) as a key marketing talking point, the fact rem

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IMAX CFO: Taking a disciplined approach to movie magic

CFO Dive

Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.

CFO 305
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A Day in the Life: Paulus Chau from AICPA & CIMA

Future CFO

Editor's note: In today’s A Day in the Life , Paulus Chau, Director – Hong Kong and Emerging Markets at AICPA & CIMA shares with FutureCFO audiences how hiking inspires his life and work as well as his passion for helping accounting and finance professionals to further develop their skills. FutureCFO: What does a typical day look like for you? Paulus Chau (PC): I would describe my typical working day at AICPA & CIMA, together as the Association of International Certified Professional Acc

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The Czech Republic: Looking To Diversify

Global Finance

Czechia engineers a shift from heavy industry to green energy and high tech as it recovers from last year’s recession. In the years between the world wars, Czechoslovakia was the economic powerhouse of Central Europe, synonymous with such names as Skoda Autos, Tatra Truck, Jawa Motorcycles, Bata Shoes, and Bohemia Crystal, with the region’s highest living standard.

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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.

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Allied Blenders & Distillers appoints Anil Somani as CFO

CFO News

Somani succeeds Ramakrishnan Ramaswamy at Allied Blenders & Distillers. He was serving as the CFO of Bata India before joining Allied Blenders & Distillers.

CFO 81
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Small businesses bedeviled by inflation as Fed signals rate cut plan

CFO Dive

Inflation persisted last month as the top concern among small businesses, the National Federation of Independent Business said.

Planning 294
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MiB: David Rubenstein, The Carlyle Group

Barry Ritholtz

 This week, we speak with David Rubenstein , Co-Founder and Co-Chairman of The Carlyle Group , which manages over $426 billion is private equity, credit and venture funds. Prior to forming the firm in 1987, David practiced law and served as Deputy Assistant to the President for Domestic Policy, as well as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments.

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ION Commodities enhances RightAngle S24 for liquid hydrocarbon market participants

Reval

LONDON– 12 September 2024: ION Commodities, a leading global provider of energy and. The post ION Commodities enhances RightAngle S24 for liquid hydrocarbon market participants appeared first on ION.

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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.