Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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7 Tips for Working with a Fractional CFO to Grow Your Business Value

Focus CFO

As a small business owner, you face many challenges when running your own company. Financial management is one of the most critical aspects of any business, but hiring a full-time CFO can be a costly and unrealistic expense for many small businesses. This is where Fractional CFOs, like those provided by FocusCFO, come in.

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Are You Thinking Strategically or Transactionally This Year?

Adam Kae

Chances are, you’ve revisited your business goals and you have a clear idea of what to do this year. At this beginning point in Q2, it’s time to make sure that your plans and actions match up with that goal - and most importantly: are you achieving those goals with a strategic mindset, or a transactional one? Let’s take a look at what those mean for you, and how you can make sure you’ll hit your targets this year.

CFO 52
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Trending Sources

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4 CFO tips for demystifying AI hype

CFO Dive

Innovation in AI has prompted talk of a coming technological leap as profound as the creation of the internet. It has also sparked anxiety. CFOs need to navigate past the hype and fear.

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Three CFOs Talking About AI and How It’s Influencing Their Strategy Discussions

CFO Thought Leader

MADE POSSIBLE BY VERSAPAY The first Collaborative Accounts Receivable Network. Our AR automation solutions and next-generation B2B payments network make billing and payments easier for enterprises, increasing efficiencies, accelerating cash flow, and dramatically improving the customer experience. Based in Toronto with offices in Atlanta, Cleveland, Baltimore, LA, and Las Vegas, Versapay is owned by Great Hill Partners, a Boston-based technology investment firm.

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Master Your Expenses: The Ultimate Corporate Card Checklist

Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.

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Flexibility still king for workers: Report

CFO Dive

Despite a labor market resurgence in March, nearly half (47%) of those in the workforce are still highly concerned about what a downturn may mean for their job security and finances, the April Workforce from iCIMS said.

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More Trending

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How Deep is Your Bench?

CFO Simplified

I’ve seen it happen often. An employee walks off the job, and there is a sudden scramble in the office. Not only are there security issues, but who is going to do the work that Bob / Sally was doing? It seems to be more critical now, with difficulties in staffing. It’s always been hard to find the right people to do the work in your company, but now there’s the problem of finding someone to fill the empty slot in a tight hiring environment.

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Is 50% the New (Metro) RTO?

Barry Ritholtz

I mentioned a few weeks ago how much better Europe ‘s return to office rate was doing versus ours : 90+% RTO, while the USA is ~60%. I cannot speak to Europe, but that U.S. number is an average across all regions, industries, age groups, etc. In some parts of the country, it is appreciably higher or lower; as you might imagine, it varies greatly.

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3 CFOs talk shifting ESG headwinds

CFO Dive

The nuanced picture that three CFOs painted Tuesday of the business case for ESG sharply contrasted with the backlash that has roiled the public debate recently.

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Technology for Business Sake - Life Sciences Professional Podcast

Navigator SAP

In this episode of Lifesciences Professional Podcast, Linda Robertson speaks with Ralph Hess about business technology in the Life Sciences industry.

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Live Demo: How to Achieve Reconciliation Zen

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

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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This Week on TRB

The Reformed Broker

I spent the week in Paris with the family and it was really an amazing trip. As you guys know I’m big on history and art and food and stuff so I had been looking forward to it for a long time. And the city did not disappoint. Other than the lack of ice cubes Some shots: The Hall of Mirrors at Versailles, which played host to some amazing moments in the history of the world.

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The 60/40 Portfolio is Back! *after not going away

Barry Ritholtz

Check out these recent headlines about the classic 60/40 investment strategy 1 : The 60-40 Investment Strategy Is Back After Tanking Last Year BlackRock Ditches 60/40 Portfolio in New Regime of High Inflation Why a 60/40 Portfolio Is No Longer Good Enough The 60-40 portfolio is back Sorry, but all of these headlines utterly miss the point. No, the 60/40 mix of stocks and bonds is not dead; No, this is not the first time we had a regime of high inflation, transitory or otherwise.

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Werfel requests 15% IRS funding hike to uncover tax cheats

CFO Dive

The IRS streamlined taxpayer services during the current tax season but needs a budget increase for the coming fiscal year to sustain improvements, the agency’s commissioner said.

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Is My Business a Professional Services Firm?

Navigator SAP

Sometimes the line between consultant, contractor, and professional services firm can be confusing. Yet the distinction is important, because it helps your business organize properly and align around the best practices and technologies that support the actual work of your organization.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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No grave delivery gap in audit, says ICAI President

CFO News

"I don’t think there is a grave delivery gap in the audit. If that were the case, you would not have seen India progressing; we are right now projected as one of the bright spots in terms of the economic outlook. The whole world is looking up to India. If there is no great financial reporting happening, do you think it would have been possible for India to be projected as the bright spot in terms of the economic growth you are seeing?

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The Tide of Price over Volume

Barry Ritholtz

My fishing pal Sam Rines has spent much of this year pushing a thesis of “ Price over Volume” ; I found it a compelling narrative, one that fits in nicely with an apsect of inflation that I had originally underestimated: “Greedflation.” The Price over Volume thesis is both compelling and underappreciated. I hope you find his take thought provoking… -Barry Price over Volume remains a key theme this earnings season with PG’s earnings report the tip of the iceberg.

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Rate hedging for non-bank CFOs

CFO Dive

Many firms don’t have exposure to the longer-duration government bonds that hammered Silicon Valley Bank. But there are other rate risks to guard against.

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The cost of being a corruption-busting CFO

CFO Talks

Written by Leigh Schaller What happens when you take a principled CFO and place her in dysfunctional municipalities? You get Mercy Phetla fighting through courts and council meetings in an attempt to do her job. Mercy Phetla doesn’t think of herself as a whistleblower. 7“I’m just doing my job,” Mercy told the #CFOClubConvo. Her job has caused trouble in small towns across rural South Africa for those who wish she didn’t care about corruption.

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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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India's GDP to grow at 6.2% in FY24, RBI to cut rate in Q1 2024: Morgan Stanley

CFO News

Morgan Stanley predicts that India's gross domestic product will grow by 6.2% in FY24 due to the reopening of the economy, increased private sector investment, a cyclical recovery in consumption and an increase in government spending. Inflation is predicted to be below 5% in Q2 2024, with inflation averaging around 5.5% in F2024, says the report.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • What Beat the S&P 500 Over the Past Three Decades? Doing Nothing : A strategy of buying a basket of stocks and leaving them untouched outperformed the index, not to mention scores of active managers. ( Morningstar ) • AI Can Write a Song, but It Can’t Beat the Market : Quants have tried for decades with limited success at their biggest challenge ( Wall Street Journal ) see also ‘Overemployed’ Hustlers Exploit ChatGPT To Take On Even More Full-Time Jo

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Half of global workers open to leaving jobs: study

CFO Dive

Thirty percent of businesses are experiencing “value drag,” with employees feeling disengaged and looking to leave, and another 18% are in a “value risk” state, where business value is at significant risk, according to the research.

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#FA Success Ep 329: When Scaling Gets (Operationally) Messy And Outsourcing Operations To Streamline Or Automate, With Charesse Spiller

Nerd's Eye View

Welcome back to the 329th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Charesse Spiller. Charesse is Founder and Principal Consultant for Level Best, an operations and process strategy consulting firm based in Houston, Texas. What's unique about Charesse though, is how she has founded a consulting firm that doesn’t just try to teach financial advisors how to systematize and automate, and instead actually works as an outsourced provider to build and impl

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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How CFOs can leverage the power of AI, limit risks

CFO News

CFOs need to ensure that the technology serves the interests of all stakeholders, uses high-quality data, safeguards against rogue use and attacks, protects user data, and avoids harm to people, property, and the environment.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Would You Rather Outperform During Bull Markets or Bear Markets? It’s hard to believe how much brainpower, time, effort and money go into beating the market by hedge funds, mutual funds, separately-managed accounts and stock-pickers…and the vast majority of them fail at their stated goal. ( A Wealth of Common Sense ) • The Business of … Death : Why most American funeral parlors are family-owned and other fascinating insights—extreme embalming?!

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Cyber premiums spike at slower pace in 2022: Fitch

CFO Dive

The deceleration was driven by factors such as a moderation of ransomware incidents and a heightened level of cyber risk awareness among corporate executives, according to Fitch Ratings.

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How to maximize efficiency with nonprofit accounting software

The Charity CFO

How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.