Sat.Jun 05, 2021 - Fri.Jun 11, 2021

article thumbnail

Real-Time Payments

Corporate Finance

Many of you are probably familiar with near instantaneous money transfers using Venmo or Paypal. And while we discussed next-day ACH transactions in the textbook, in 2017, an interbank payment system was unveiled, the real-time payment (RTP) network. While only 130 banks out of the more than 9,600 financial institutions in the U.S. have adopted the system, these adopting banks cover 60 percent of demand deposit checking and savings accounts.

Banking 100
article thumbnail

Mastering the basics of annual budgeting

Anaplan

Effective annual budgets aren’t just top-down initiatives to allot spending and set production targets. Done right, they can embody corporate priorities and spur growth.

Budgeting 105
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

World Bank: Global economy to see fastest post-recession growth in 80 years

Future CFO

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies, World Bank said recently. . Despite the recovery, global output will be about 2% below pre-pandemic projections by the end of this year, the World Bank pointed out. Per capita income losses will not be unwound by 2022 for about two-thirds of emerging market and developing economies, the bank added.

Banking 52
article thumbnail

Inventing our way out of the pandemic

The CFO Centre

Here’s another in our continuing series of ‘reasons for business owners to be cheerful’, based around a seminar session delivered to The FD Centre by respected UK behavioural economist Roger Martin-Fagg. Necessity. It’s the Mother of Invention, as we know. When the going gets tough, we all know how that phrase ends. But it is […]. The post Inventing our way out of the pandemic appeared first on CFO Center USA.

CFO 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

For FP&A, AI’s Time Has Come

Planful

Everyone talks about how much data they have available, but more and more, companies, and FP&A teams in particular, are struggling to make use of that data. In 2010, we collectively created 1.2 zettabytes (a trillion gigabytes) of new data. Eight years later, it ballooned to 33 zettabytes per year, and it’s expected to soar […]. The post For FP&A, AI’s Time Has Come appeared first on Planful.

More Trending

article thumbnail

The Executive’s Guide to Simplifying Financial Planning Methods

Future CFO

One of the notable changes in the post-COVID-19 era is the growing popularity of Rolling Forecast. Now seen as an essential tool for FP&A, a rolling forecast has the potential to radically transform the traditional corporate budgeting process. When implemented properly, a Rolling Forecast expands your planning horizons, reduce your planning cycles, and help you to execute better organizational strategies.

article thumbnail

Use Management Dashboards to Make Fast Data-Driven Decisions

The CFO Centre

The use of management dashboards to monitor management KPIs, metrics and other essential data points will allow you and your management team to make rapid, data-based decisions based on up-to-date information about your business. A management dashboard provides you with a comprehensive snapshot of the company’s performance. This is critical since it condenses massive amounts […].

CFO 52
article thumbnail

The Rise of SPACs: IPO Disruptors or Blank Check Distortions?

Musings on Markets

For decades, the process that companies in the United States have used to go public has followed a familiar script. The company files a prospectus, providing prospective investors with information about its business model and financials, and hires an investment banker or bankers to manage the issuance process. The bankers, in addition to doing a roadshow where they market the company to investors, also price” the company for the offering, having tested out what investors are willing to pay, and

article thumbnail

Commercial revenue planning: understanding drivers of revenue performance

Anaplan

To increase revenue for your CPG products, first you need to identify its drivers, such as material costs and sales channels. We shine a light on the problem.

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

Jedox 2021.2: Canvas

Jedox Finance

With version 2021.2, the new Jedox Canvas is here and enables easy compilation of key information from different planning reports and analytics with drag and drop. See how it works here.

article thumbnail

External Funding Options for Your Growing Business

The CFO Centre

Your Guide to Business Financing Getting external financing to fund your company’s growth will depend on your plans, how willing you are to give away a stake, and, therefore, control in the business, your eligibility, and the short-term or long-term funding you need. How to finance your business growth Bank finance Banks can offer you: […]. The post External Funding Options for Your Growing Business appeared first on CFO Center USA.

CFO 52
article thumbnail

Blockchain and DeFI: Drivers of Change in Asset Management

CFA Institute

“We’re still in the very early days of DeFi,” Mona El Isa says. “But this time is much more exciting. We’re seeing real usage and traction.".

article thumbnail

The Executive’s Guide to Moving FP&A into xP&A era

Future CFO

As organisations look for more agility and better visibility across all functions and revenue streams the traditional approach of using spreadsheets by the Financial Planning & Analysis (FP&A) team is nearing its limits. Extended Planning and Analysis (xP&A) processes will allow decision-makers to tap into enterprise data across sales, procurement, HR, marketing and other areas and functions to drive better decisions in faster timeframes.

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

Real-Time Payments

Essentials of Corporate Finance

Many of you are probably familiar with near instantaneous money transfers using Venmo or Paypal. And while we discussed next-day ACH transactions in the textbook, in 2017, an interbank payment system was unveiled, the real-time payment (RTP) network. While only 130 banks out of the more than 9,600 financial institutions in the U.S. have adopted the system, these adopting banks cover 60 percent of demand deposit checking and savings accounts.

Banking 40
article thumbnail

Checklist: How to Sell Your Business Fast

The CFO Centre

Plan Your Perfect Exit Strategy Selling your business to the right buyer for the right price at the right time depends on the health of your business, having the right advisors, and your timing. Get these factors right, and you can sell your business quickly. Before putting your business up for sale, you’ll need to […]. The post Checklist: How to Sell Your Business Fast appeared first on CFO Center USA.

CFO 52
article thumbnail

Book Review: Corporate Governance and Responsible Investment in Private Equity

CFA Institute

Simon Witney provides a groundbreaking overview of effective governance and responsible investment in private equity.

article thumbnail

How finance can narrow its skill gap

Future CFO

Changes in the finance function have given rise to a widening skill gap. Lee Thong Tan (pictured), CFO Practice Lead for Asia at Workday sheds light on those changes and how finance can narrow the skill gap. Lee Thong Tan, CFO Practice Lead for Asia at Workday. FutureCFO: How is the finance function changing amid the pandemic and the way forward? Lee Thong Tan (LT): Heightened uncertainty and disruptions brought by the pandemic have entirely transformed organisations and the way they conduct bus

Finance 52
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

Green Bonds?

Essentials of Corporate Finance

During 2020, a record $270 billion in green bonds were issued, and green bond issuance is on pace to surpass that record this year. And while we discussed covenants and the ability of bondholders to undertake legal action against the bond issuer for violating these covenants, as a recent article in the Wall Street Journal highlights, green bond investors have little to no recourse if the bond issuer does not use the bond proceeds for green projects.

article thumbnail

Need Help with Your Cash Flow?

The CFO Centre

Cash flow problems put your company at risk. Unless your company manages cash flow effectively and uses regular cash flow forecasts, your company is in jeopardy. Cash flow shortfalls mean: You can’t pay suppliers on time You can’t make debt repayments on time or at all You can’t buy new inventory to meet customer demand […]. The post Need Help with Your Cash Flow?

article thumbnail

Institutional Portfolio Benchmarks: Slow Rabbits?

CFA Institute

When it comes to their benchmarking practices, US public pension funds need to find faster rabbits to chase.

article thumbnail

For FP&A, AI’s Time Has Come

Planful

Everyone talks about how much data they have available, but more and more, companies, and FP&A teams in particular, are struggling to make use of that data. In 2010, we collectively created 1.2 zettabytes (a trillion gigabytes) of new data. Eight years later, it ballooned to 33 zettabytes per year , and it’s expected to soar past 175 zettabytes of new data generated annually by 2025.

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

GoTo appoints Jacky Lo as CFO

Future CFO

Indonesian technology group GoTo Group recently announced the appointment of Jacky Lo as CFO. Lo will be based in Jakarta and will report to GoTo Group CEO Andre Soelistyo, the firm said. Lo was previously the CFO of OneConnect Financial Technology, a technology-as-a-service platform for financial institutions and an affiliate of Ping An Insurance of China, for which he led its New York Stock Exchange (NYSE) listing in 2019, GoTo noted.

CFO 40
article thumbnail

How to Scale Your Business for Growth

The CFO Centre

Scaling your business depends on two factors: your company’s capability and its capacity to deal with growth. To scale up your business, your company must be capable of dealing with a growing amount of work or sales and of doing it cost-effectively. You need to know that your company can achieve exponential growth without costs […]. The post How to Scale Your Business for Growth appeared first on CFO Center USA.

CFO 52
article thumbnail

The Next Frontier of Sustainable Investing: Measuring Impact

CFA Institute

What is the state of ESG analysis and how can investors both have an impact and invest with impact?

article thumbnail

A Remote Culture Built Around Your Experience

Driven Insights

Working remote, but not working alone.

52
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.