Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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M&A slump raises bar for seller CFOs

CFO Dive

The mergers and acquisitions boom is long over. The best CFOs are cleaning up their books and arming their CEOs with key data to win offers anyway.

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9 Advantages of an Outsourced Virtual Finance Department

Driven Insights

If you receive accurate, insightful financial and operating reports each month -- without taking time away from where you need to be adding value -- and that information fuels the decisions that drive your business month after month, then there’s no need to read on. However, if you’re like most small business owners (or advisors/investors thereof), real game-changing information is as fleeting as time in the day.

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Trending Sources

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What it takes to become a value-adding CFO

Future CFO

To become a value-adding CFO, one needs to adopt integrative thinking, said ACCA recently. CFOs need to change their mode of operation to successfully navigate complex multi-dimensional problems, according to the accountancy body’s latest research. According to ACCA, CFOs have an immense responsibility and career-defining challenge in helping their organisations navigate complex multi-dimensional problems.

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Do You Need to Switch to a Rolling Forecast?

CFO Selections

If you’re wondering whether your company needs to switch to a rolling forecast, it’s important to look at why you’re asking. The simple act of questioning whether your current budgeting process is sufficient likely indicates that you have identified a shortcoming in your current budgeting process that provides an opportunity for improvement. Moving to a rolling forecast may offer benefits over your existing methodology, but it’s important to understand the pros and cons associated with using a r

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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It’s time for family-owned firms to put private equity on the table

CFO Dive

Well-publicized cases of bad behavior have fueled certain biases against private equity. But family-owned businesses shouldn’t ignore the financial lifeline that PE can offer, Bob Goldsmith argues.

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More Trending

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Capitalising on the Fintech apps in APAC

Future CFO

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific.

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How finance chiefs can cut back on IT spending waste

CFO Dive

To tackle outdated or redundant tech driving up IT spending costs, CFOs need to work with CIOs to create a “common plan,” LeanIX’s Christian Richter said.

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AIs Impact on Corporate Finance

The Finance Weekly

Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. With the emergence of , AI tools and Large Language Models (LLMs) like ChatGPT, Google Bard, and BERT, professionals in these fields can benefit from enhanced capabilities and streamlined processes. In a recent webinar sponsored by Datarails , the FP&A solution for Excel users, three distinguished finance leaders came together to discuss the impact of AI on corporate f

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Fintech lenders see profits in FY23 after rough couple of years

CFO News

After years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their businesses over the next two years.

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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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The Disadvantages of Cloud-based ERP

Navigator SAP

Cloud-based enterprise resource planning systems (ERP) are becoming the norm among businesses as backend processes are fully moved to the cloud as part of an organization’s digital transformation strategy. Cloud ERP does have its downsides, however, as with all technology. Chief among the disadvantages of cloud-based ERP is limited customization. With cloud-based ERP, as with all cloud services, standard processes replace the customization that often comes with on-premise software.

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Uber confirms long-time CFO’s exit

CFO Dive

CFO Nelson Chai will depart from the ride-share company next year as Uber continues to focus on profitable growth. It reported its first-ever quarterly GAAP operating profit Tuesday.

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Get Tighter Control of Your Business with Outsourced & Virtual Bookkeeping

Driven Insights

As a business owner, it’s natural to be hesitant to hand over the reins of your accounting processes and financial reporting to an outsourced virtual bookkeeping firm. You trust your in-house bookkeeper to file the taxes, get the bills out on time and do a reasonable job of collections. Reports may lack detail, but the control is comfortable and supports a steady pace.

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Sebi provides clarity on online resolution of disputes framework

CFO News

Capital markets regulator Sebi on Friday provided more clarity on the framework concerning online resolution of disputes in the Indian securities market. Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant.

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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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Round Trip

Barry Ritholtz

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Blame whatever you want – Too far, too fast? End of ZIRP? Too rapid rate increases? – but the giveback off the highs was substantial: S&P 500 was down ~23%, Russell 2000 was off 27%, and the Nasdaq 100 came down 32%.

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Moody’s finance chief leaves for new CFO gig

CFO Dive

The parent of the credit rating giant Moody’s Investors Service tapped its chief accounting officer to step in as interim CFO as it hunts for a permanent finance chief.

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10 Steps to Better Financial Insights From Your Finance Function

Driven Insights

As operators, we know how many balls a small business owner needs to keep in the air. Sales, operations, crisis management, and the crucial yet often neglected realm - financial administration. This is where the services of a virtual CFO can prove invaluable. Days are spent on your core business operations, leaving nights and weekends for administrative tasks such as preparing the reporting required for your board, equity/debt stakeholders, and your own management purposes.

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NFRA debars auditor of Bartronics India for 10 years

CFO News

​The order came after NFRA received information from the Ministry of Corporate Affairs regarding irregularities observed by the Financial Reporting Review Board (FRRB) of Indian Institute of Chartered Accountants of India (ICAI).

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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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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning Plane reads: • A Generational Change : People view bonds as competition for stocks as a bad thing. But it’s not.( Irrelevant Investor ) see also Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99 : Fixed income underwhelms as Teflon economy strands bears More than half of JPMorgan clients now see no recession. ( Bloomberg ) • Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 mill

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Microsoft aims for phased FP&A tool rollout

CFO Dive

The software giant is being cautious as it rolls out its new AI-powered FP&A tool, which is currently being tested with selected clients in a “private preview” phase.

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What CFOs should keep in mind in the age of AI

CFO Talks

Written by Leigh Schaller At the recent CFO Africa conference, four CFOs shared their thoughts on managing the tech transitions and whether AI poses an existential threat to CFOs. CFOs (from left) Chengai Ruredzo, Veliswa Rozani, Averen Deonanan and Scott Farrell discuss the role of automation in the CFO landscape at the CFO African Conference in Johannesburg.

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At 62.3, India's services sector growth fastest in 13 years on strong demand

CFO News

According to S&P Global, the upturn in total new orders was boosted by a pick-up in international sales, while operating costs rose at the fastest pace since June 2022 and firms passed on some of that burden to customers.

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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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A Roadmap For Solo RIAs Making Their First Hire

Nerd's Eye View

Many financial advisors who launch solo advisory firms do so with the intention of adding more employees once the firm becomes big enough to support them. And while conceptually it makes sense that the firm will be ready to hire its first employee at some point, in practice, there often isn't a lot of clarity about the right time to actually make an initial hire.

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Trintech CFO taps ‘club’ loan for $230M Fiserv deal

CFO Dive

“The M&A market has had a lull but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive.

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212: Claudene Pillay: On how the power of community helps with imposter syndrome

CFO Talks

Claudene Pillay: On how the power of community helps with imposter syndrome Written by: Leigh Schaller “I became a CFO at a very young age. I was in my early thirties, and with that comes many challenges,” Claudene Pillay CFO of The Institute of Risk Management (IRM), told the CFO Club Podcast. “As a young person going into a leadership role, you suddenly have a huge amount of boardroom exposure.

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Aditya Birla Group company buys KA Hospitality

CFO News

Aditya Birla Group's hospitality arm, Aditya Birla New Age Hospitality (ABNAH) has acquired a 100% stake in KA Hospitality Private Limited (KAH), the company that owns the home-grown brand CinCin and franchise rights of the other three global restaurant brands.

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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.