Sat.Sep 30, 2023 - Fri.Oct 06, 2023

article thumbnail

Should a Fractional CFO Look at Top-Line Revenue or Bottom-Line Profit?

Adam Kae

First things first: What is the top line and bottom line? These refer to the lines on a company’s income statement. Top-line revenue, which shows up at the top of the document, is the company’s gross sales for that year, while bottom-line profit (the bottom of the page) is the company’s net income. This is the amount left over after all taxes have been deducted, together with other expenses for the year: loans and other costs are included here, too.

CFO 52
article thumbnail

How to succeed during economic downturns

CFO Dive

How can the finance department help the enterprise reconsider the role of external operations and the supply chain in supporting their bottom line?

Economics 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Three distinct generative AI conversations CFOs must conduct

Future CFO

There are three distinct generative AI conversations that CFOs, especially those from large enterprises, must conduct, said Gartner recently. According to the advisory firm, 80% of finance functions of large enterprises will use internal AI platform by 2026, as leadership teams do not want to fall behind peers. However, as the chief steward for an organisation’s financial health, CFOs must balance the risks and rewards of tools like generative AI, said Mark D.

article thumbnail

Innovation in finance: How CFOs can lead the charge

CFO News

One of the primary ways CFOs can lead the charge in innovation is by harnessing the power of technology. The finance industry has witnessed remarkable advancements in recent years, including blockchain, artificial intelligence, and big data analytics. These technologies can be leveraged to streamline financial processes, reduce costs, and improve decision-making.

Finance 98
article thumbnail

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.

article thumbnail

938: The Art of the Possible | Jason Leet, CFO, Zylo

CFO Thought Leader

Of the different acquisitions with which Jason Leet became involved at ExactTarget of Indianapolis, Indiana, there’s little question that the seventh was the most impactful on his finance career. As it turned out, this would also be his last acquisition—or perhaps we should say his last ExactTarget acquisition, given that this time it was ExactTarget itself that was being acquired.

CFO 52

More Trending

article thumbnail

Still Spending Like There’s No Tomorrow

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: ►Rising Rates Hurt – “Investors fear unsustainably high interest rates will spark bank-loan defaults” ►Utilities Crash – Utilities are underperforming the S&P 500 32% YTD.

Finance 60
article thumbnail

The Virtues of “Payback” | Ralph Leung, CFO, Achieve

CFO Thought Leader

939: Creating a Narrative for Growth | Ralph Leung, CFO, Achieve MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

CFO 52
article thumbnail

Why CFOs must steer benefits audits to avoid fines, penalties

CFO Dive

Total monetary recoveries arising from ERISA enforcement actions exceeded $1.4 billion in fiscal 2022.

Auditing 227
article thumbnail

Companies may sacrifice profit margins amid festive sales push

CFO News

Retailers in the consumer goods, white goods, and fashion sectors are expected to prioritize sales growth over profit margins during the festive season. Despite rising raw material prices, companies are reluctant to increase prices and instead opt for promotions to drive demand. This decision may have a negative impact on margins in the October-December quarter.

Sales 52
article thumbnail

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.

article thumbnail

What is a Ready-To-Validate Cloud Platform?

Navigator SAP

Running a life sciences business comes with all the needs and challenges of a typical business, but there also often are additional regulatory considerations. One of those considerations is Food and Drug Administration (FDA) systems validation. Life sciences businesses that serve the U.S. market must prove that their systems engage in FDA-approved processes that meet FDA standards around quality, consistency, traceability and other requirements.

Auditing 222
article thumbnail

Cancelling Michael Lewis

Barry Ritholtz

“If you want to read a moral condemnation of crypto theft, you can get that anywhere. You go to Michael Lewis for character and story.” – Matt Levine Michael Lewis’s new book “ Going Infinite: The Rise and Fall of a New Tycoon ” came out this week. I got a copy earlier after signing an NDA that I would not disclose anything about it until after the publication date, which was Tuesday, October 3rd.

article thumbnail

AI champions pitch use cases for CFOs: Workday conference

CFO Dive

“We’re moving to a world with massive amounts of data, massive complexity of data, and data that is continuously changing, and that’s where AI comes in,” said tech executive Rohit Gupta.

313
313
article thumbnail

Jupiter Wagons order book to exceed Rs 4,000 crore with revenue visibility for next 3.5 years: CFO

CFO News

Sanjiv Keshri says the company sees a big share of the upcoming Indian Railways tender for about 55,000 wagons; only challenge is execution.

CFO 126
article thumbnail

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.

article thumbnail

Accounting Software for Distribution that Keeps Your Books Organized

Navigator SAP

Distribution companies face challenges brought by large amounts of transactions, vendors, and customers, and the effects these have on their operations and their integrations with suppliers and retailers. To ensure efficiency, accountability, and profitability, it’s crucial to keep your books organized.

article thumbnail

10 Quotes That Shaped My Investment Philosophy

Barry Ritholtz

We all love to use quotations in our arguments. It’s both an appeal to higher authority as well as social proof ( Hey! I’m not the only one who believes this stuff ). I find it useful occasionally to go back to first principles and reconsider the sources that have influenced my thinmking. Along those lines, here are in chronological order, the thinkers who have helped shape how I view the world view, including how I philosophically think about the economy, markets, and investing.

article thumbnail

PCAOB chief slams auditors for 40% error rate

CFO Dive

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing 332
article thumbnail

IPO fundraising in India falls by 26 per cent in H1FY24, 31 firms raised Rs 26,300 crore

CFO News

According to the report by primedatabase.com, the average deal size for IPOs was Rs 848 crore and 21 out of the 31 IPOs came in just two months of August and September.

111
111
article thumbnail

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

article thumbnail

Supply Chain Optimization Software: Streamline Your Operations With ERP Software

Navigator SAP

Whether you’re a manufacturing or logistics organization, you need to streamline your operations with the right enterprise resource planning (ERP) software. This type of program utilizes predictive analytics to optimize the outcomes of business operations through historical data and the flow of current-state transactions.

article thumbnail

$109 Trillion Global Stock Market

Barry Ritholtz

Source: Visual Capitalist Batnick also takes a swing at this: What’s the Stock Market Worth? The post $109 Trillion Global Stock Market appeared first on The Big Picture.

Marketing 131
article thumbnail

FASB revisits GAAP cleanup

CFO Dive

The board may remove some "non-authoritative" definitions from the codification — effectively the bible of generally accepted accounting standards.

GAAP 300
article thumbnail

At 57.5, India manufacturing PMI softens in September to five-month low: S&P Global

CFO News

S&P Global said India's factory activity still remained solid, with strong demand driving business confidence to its highest level this year, despite increased inflationary pressures.

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

The Benefits of an Inventory Management System: How The Right ERP Helps Manage Inventory

Navigator SAP

Wholesale distribution software is an indispensable element in a distribution company’s toolkit. It brings a ton of value, especially in the way that it facilitates visibility, accountability, productivity, collaboration, and cost-efficiency.

article thumbnail

Market Bipolarity: Exuberance versus Exhaustion!

Musings on Markets

As we enter the last quarter of 2023, it has been a roller coaster of a year. We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. In the first half of the year, we had positive surprises on both fronts, as inflation dropped after than expected and the economy stayed resilient, allowing for a comeback on stocks, which I wrote about in a post in July 2023.

Marketing 104
article thumbnail

CFO events for Q4 2023, all of 2024

CFO Dive

As the year draws to a close, it’s time for finance leaders to look toward future strategies. CFO Dive’s got a list of upcoming conferences and meet-ups to keep you covered.

CFO 268
article thumbnail

10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train reads: • The insider: how Michael Lewis got a backstage pass for the fall of Sam Bankman-Fried : As author of The Big Short and Moneyball, Michael Lewis is perhaps the most celebrated journalist of his generation. Now he delivers an astonishing portrait of the fallen crypto billionaire. But did he get too close? ( The Guardian ) but see In Michael Lewis, Sam Bankman-Fried found his last and most willing victim.

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.