Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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Everything a finance leader needs for a top-tier tech stack

Cube Software

The importance of a robust financial tech stack Digital transformation is sweeping through the financial sector, redefining traditional roles and methodologies. In this evolving landscape, a sophisticated tech stack is crucial to drive efficiency, ensure accuracy, and support strategic initiatives.

Finance 52
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What Do You Really Need in a Controller?

CFO Selections

When you need to hire a Controller, what should you look for? What do you really need and what is just nice to have? Obviously, as the person who will have ownership over your entire accounting operation, you need someone that is disciplined , focused , and organized , but what else? Your Controller should be a strong accountant with a tactical focus and solid track record of reliable performance, but their resume should not end there.

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How CFOs can help boost talent retention

Future CFO

After the tumult of the pandemic years, many technology companies are now seeking stability through long-term profitable growth. An organisation’s workforce plays a significant role in whether it can achieve profitable growth, and hiring and retention have never mattered more. HR is often considered the one-stop shop for all things people management, but a CFO can wield substantial influence in how a company treats—and hopefully retains—its workforce.

CFO 52
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Effective Implementation Of A Backdoor Roth Strategy: Detailed Nuances, IRS Form 8606 (And When It’s Even Worth Doing)

Nerd's Eye View

There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Part of this value is understanding the detailed nuances that make a strategy effective and implementing it correctly, avoiding issues with the IRS down the line. For instance, while backdoor Roth conversions are a well-known strategy, many individuals have either missed the opportunity to use it and/or implemented it incorrectly R

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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.

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Strategic Finance Focus at Year-End

VCFO

As Year-End Approaches, Finish Strong and Focus Forward As another year ends, most CEOs and business leaders are preparing to take stock of what needs to be done to strengthen their business and advance their business goals in the coming year. While “taking stock” can take many forms, the overriding premise is to look deeply and strategically at the results of operations, as well as opportunities they might execute on.

Finance 87

More Trending

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A Friendly Fractional CFO: Small Business Finances and Meeting You Where You Are

Adam Kae

It's not uncommon for me to hear questions like, "You talk about not judging your clients. What does that mean?" Well, let me break it down for you Understanding Your Unique Situation The biggest thing to remember is that none of my clients are financial pros. They didn't dive into the world of business ownership because they were born with an innate understanding of finance, accounting, and taxes.

Finance 52
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Cloud resources financial management as key to business innovation

Future CFO

Cloud computing has been proven to play a role in revolutionising how businesses innovate and grow in today’s hypercompetitive global environment, and the race to the cloud has enabled businesses to enter a new realm of speed and agility. However, only a few are cashing in on the cloud’s promise to drive down costs, as challenges are mounting amid the proliferation of multi-cloud environments.

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Stop Crying and Buy Bonds

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: ►4th Quarter Rally? – Positive economic surprises say we are due for a Q4 meltup. ►Great News – American wealth hitting new highs. ►Effective Interest Rates – “This increased cost of capital is.

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CFO, CIO need to be in ‘lockstep’ on software purchases: Olive CEO

CFO Dive

To find the right software at the right price, CIOs and CFOs need to take a tandem approach on new technologies and solutions.

CFO 239
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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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Grow with SAP S/4HANA

Navigator SAP

Growth-focused businesses need the infrastructure for rapid scaling, but typically they don’t have time for large software adoption projects. SAP has a solution. Earlier this year, SAP announced S/4HANA Cloud Pubic Edition and its new Grow with SAP program. Beyond the vague corporate-speak embedded in the announcements were a pretty significant evolution of SAP’s products that benefit fast-growing companies looking to lay down an enterprise resource planning architecture for sustained and rapid

SAP 162
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J&K Bank's statutory auditors removed prematurely

CFO News

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

Banking 138
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What Do World War II & Covid Have in Common?

Barry Ritholtz

We just experienced the strongest economic recovery since the end of World War II Source: Irrelevant Investor Light posting as I’m getting ready for some travel, but this chart is so amazing. It’s hard not to look at the two biggest recovery outliers: The post-WW2 era, and the post-Covid Era. The parallels are pretty strong, especially when it comes to both the Labor market and the Inflation surges.

Economics 113
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Biden’s AI order calls for guardrails to protect workers

CFO Dive

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

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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.

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The 10 Best Financial Advisor Conferences To Attend In 2024

Nerd's Eye View

After several years of turmoil caused by the pandemic, financial advisor conferences seem to have found a "new [post-pandemic] normal", with events once again growing (some already surpassing their pre-pandemic highs). But that's not to say that the conference landscape was not altered by the pandemic; instead, the pandemic appears to have served as a catalyst that accelerated trends that were already underway, such that financial advisor conferences today look substantively different than they

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On CFOs’ mind: Generative AI to profitability

CFO News

​The Q3 2023 CFO survey found that 28% of CFOs are pessimistic about the economy, which represents a seven percentage-point increase since last quarter. However, more than three-fourths (76%) of finance leaders predict net profit growth, with just over half (52%) saying their organisations will grow profits by more than 5%.

CFO 111
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Where is This Rally Going?

Barry Ritholtz

Before yesterday’s FOMC meeting, I reiterated my view from July 2023 that this hiking cycle was – or at least should be – over. The Narrative bias driving commentary today is that this sudden bullishness is the market sussing out the last hike. But this after-the-fact story does not resonate as truth with me, as it looks more like the 10% market correction of October 2023 has ended.

Economics 113
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Verizon’s interim CFO lands permanent seat

CFO Dive

The finance chief says the telecom giant is “on track” when it comes to priorities such as improving free cash flow and growing its wireless service revenue.

CFO 269
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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Weekend Reading For Financial Planners (November 4-5)

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 Department of Labor this week released its long-awaited "retirement security rule", its latest effort to curb conflicts of interest around retirement savings recommendations. Among other measures, the proposal would amend the current 5-part test that determines fiduciary status for retirement accounts by defining as a fiduciary act a one-time recommendation to roll fun

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MSMEs may see a spike in business as lender and e-commerce firms provide support

CFO News

About 62% of sellers agree that e-tailing platforms have been helpful in their festive season planning, compared to 53% who felt the same way during the previous year's festive season.

Planning 111
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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Kanye and Adidas: Money, Misconduct and the Price of Appeasement : A year ago, after producing hundreds of shoe styles and billions of dollars together, Adidas broke with Kanye West as he made antisemitic and other offensive public comments.

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The changing face of clean energy and tax strategy

CFO Dive

The Inflation Reduction Act has changed the tax landscape. CFO Dive spoke with Bellus Ventures and Thompson Corburn LLP to understand the steps that CFOs can take to stay ahead of the curve on clean energy investments.

CFO 262
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Finding “The One:” The Ultimate Guide to Selecting Financial Software

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

As finance and accounting practitioners, you are expected to complete daily operations as well as to manage next generation tools and resources to support a business that is growing in complexity. Having the right software can be critical in juggling and meeting those high expectations. The path to the right software, however, is paved with challenging decisions.

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#FA Success Ep 357: Building A High-Tech High-Touch Advisory Firm With The Modern Advisor Tech Stack, With Jon Henderson

Nerd's Eye View

Welcome back to the 357th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jon Henderson. Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. What's unique about Jon, though, is how he has carefully vetted and curated his advisor tech stack of third-party software to provide a strong "high-tech" client experience… and

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How can ESG create value, reduce costs and increase revenues?

CFO News

Businesses’ fear that the goals of driving ESG would mean an increase in their costs. Whereas, companies like Unilever (global) were able to reduce $1.27 billion in costs throughout its operations by putting sustainability at the heart of the business in 10 to 20 years time. ESG can and does create business value. How? In both its aspects: in reducing risks/costs and increasing revenues.

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Bubble Risk in City Property Markets?

Barry Ritholtz

Buoyed by low interest rates for the last decade, many property markets have seen substantial price growth since 2010. Experts warned that real estate bubbles—in which the price of assets moved up far beyond their intrinsic value—were forming. The UBS Global Real Estate Bubble Index analyzes the real estate market of 25 major cities across the globe and assigns them a score between -0.5 to 2.0 to convey bubble risk.

Marketing 104
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NJ ranks worst in business taxes with NY close behind

CFO Dive

The Garden State may rise from dead last in corporate tax rankings if a 2.5% business tax surcharge expires at the end of this year as scheduled, the Tax Foundation said.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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I Bond’s fixed rate rises to 1.3%, highest in more than 16 years

Tips Watch

Composite rate for I Bonds rises to 5.27%. Fixed rate for EE Bonds rises to 2.70%; doubling factor holds at 20 years. By David Enna, Tipswatch.com The Treasury announced today it is raising the permanent fixed rate on the U.S.

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Eduvanz appoints new CFO Arvind Sampath

CFO News

The fintech NBFC Eduvanz announced the appointment of Arvind Sampath as the CFO of firm. He joins after his previous stints at Poonawala Fincorp and Fullerton India (now SMICC).

CFO 103
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Kitces & Carl Ep 124: When Clients Evolve Out Of Your Niche Specialization Should You Stay Or Go (Or Not)

Nerd's Eye View

Many financial advisors have found that serving a client niche not only helps them run a more efficient firm (as they work with clients facing similar planning issues), but also attracts more new clients (as they are able to offer a unique value proposition for clients within the niche). Notably, though, while certain clients are likely to stay within the niche throughout their lives (e.g., retired clients tend to remain retired until their deaths), other clients might 'evolve' out of the niche