Sat.Dec 05, 2020 - Fri.Dec 11, 2020

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising cu

eCommerce 142
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7 Reasons You Should Apply for SBA Loan Assistance

CSC Advisors

Cash flow is the number one reason why small businesses fail, so managing your cash is essential. But disasters, like hurricanes or pandemics, can make it hard to keep the money rolling in. Luckily, programs like SBA loan assistance can help you maintain your business. You can get the funding you need as you recover from whatever disaster comes your way.

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Hong Kong exports predicted to grow 5% in 2021

Future CFO

Exports from Hong Kong will grow 5% year-on-year by value while the HKTDC Export Index has risen for three consecutive quarters from a record low of 16.0 to 36.2, said the Hong Kong Trade Development Council (HKTDC) recently. In addition, about 60% of those surveyed quarterly for the index anticipate sales will increase or remain unchanged in the coming year, according to HKTDC.

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The Ultimate Holiday Dilemma: Make or Buy Sugar Cookies

Adam Kae

It's that time of year again. It seems like we're always in the kitchen! Decorating sugar cookies is one of my favorite holiday traditions. While putting the finishing button-nose sprinkle on my snowman cookie, I started to compare the make vs buy differences in my head. So, I threw together this little comparison! Want to see the math yourself? Check out this Google Sheet: [link].

Math 52
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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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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

In what’s beginning to feel like something of a trend in recent years, the payments landscape has seen its latest big global consolidation. Italian payments processor Nexi SpA recently announced plans to purchase private equity-owned rival Nets A/S, creating Europe’s biggest payments firm by volume. It’s just the latest in a series of mega-mergers seen throughout the industry.

Banking 122

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How finance leaders can protect employees’ mental energy through times of change

Future CFO

Finance leaders must navigate both big and small changes to protect employees’ mental energy as the pace of change is wearing down members of their teams, said Gartner recently when releasing results of a survey with 499 finance and shared services employees in January 2020. “When employees go through periods of heavy change, particularly as we are experiencing this year with COVID-19, it takes more effort to meet the same expectations for timelines, quality and quantity of work,” said Tamara Sh

Finance 52
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The US Tax Outlook: Changing States?

CFA Institute

As 2020 winds down, many tax- and residency-related matters are coming to the fore. How should you tackle them with clients?

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118
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A real life story – Midwest Coast Brewing Company

CFO Plans

By Casey Gillam – Sales Manager at CFO Plans Inc. “Beer is proof that God loves us and wants us to be happy.” Whether Benjamin Franklin actually authored this quote or we’re just hopeful that he did, the sentiment remains that Americans have enjoyed consuming cold brews since the time this land became the United States of America. We hold this truth to be self-evident, that tasting the beer that you yourself brewed creates the desire to brew more and do it better.

CFO 40
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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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BIG Loyalty’s CFO: How to overcome gender challenges at work

Future CFO

Editor’s note: For our Female Leadership in Finance Series, FutureCFO editor Teresa Leung recently had a chat with Sereen Teoh (pictured below), CFO at BIG Loyalty. Teoh shared with us her thoughts on some of the gender-related challenges at work and how to overcome them, advice on how to deal with the new normal as a finance executive, and how she reimagines borderless digital currencies as a “point junkie”.

CFO 52
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Book Review: Seeking Virtue in Finance

CFA Institute

J.C. de Swaan has produced a field manual for those fearing for their virtue in the moral minefield that is modern finance.

Finance 52
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CVS, Walmart To Provide COVID Vaccinations

PYMNTS

Major U.S. retailers CVS and Walmart are readying to begin distributing COVID-19 vaccines, according to published reports. CNBC reported that CVS is ready to begin doling out the vaccines to the most vulnerable populations within 24 to 48 hours of receiving them. CVS CEO Larry Merlo said per CNBC that CVS has 10,000 healthcare professionals ready to administer the vaccines in nursing homes and assisted living centers.

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How to Increase Sales Productivity and Performance in Your Organization

Jedox Finance

We are pleased to welcome sales expert Markus Franke from Jedox partner BearingPoint to share his insights on sales planning in the era of Digital Transformation and provides an overview of how integrated sales planning can boost productivity in your organization. As a sales manager, it is more important than ever to set realistic goals for your team and to be able to track execution transparently.

Sales 59
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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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Singaporean professionals believe their workplaces are future ready

Future CFO

Professionals in Singapore believe that organisations are future-ready but there’s room for improvement, said Hays recently when releasing a survey report. While 40% of respondents in Singapore said they could confidently describe their organisation as future-ready — the highest such score in Asia, 39% indicated that there’s still room for improvement in terms of future-readiness, according to the report, which is based on a survey of more than 9,000 working professionals across Asia this year.

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Tesla and the S&P 500: What Could Have Been?

CFA Institute

What if Tesla had been included in the S&P 500 in January?

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Twitter Buys Screen-Sharing Video Chat Startup Squad

PYMNTS

Twitter has acquired Squad, a Silicon Valley startup that gives people the ability to hang out virtually with friends on other apps, Squad announced in a blog post and Twitter tweeted on Friday (Dec. 11). Squad will help Twitter “bring new ways for people to interact, express themselves, and join in the public conversation,” Twitter Vice President of Product Ilya Brown said in a tweet. .

Startups 117
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Gift Cards Poised For Big Role In Post-Pandemic Purchasing

PYMNTS

While the COVID-19 pandemic will eventually come to an end, many of the changes it has brought will likely persist into the future. Digital has certainly advanced further and faster than anyone predicted at this time last year, and the ground that’s been taken is unlikely to ever be surrendered back, Helena Mao , vice president of global product strategy for payment solutions at Blackhawk Network , told PYMNTS in a recent conversation.

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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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Citigroup Chief: CBDCs Are 'Inevitable' In The Future Of Currency

PYMNTS

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a report from CoinDesk. Speaking with David Rubenstein at a Bloomberg event on Friday (Dec. 4), Corbat said the development of such digital currencies was likely inevitable with the way money has been trending.

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Bill.com, Wells Fargo Debut AP Automation Feature For SMBs

PYMNTS

Bill.com and Wells Fargo are partnering on a new feature called Bill Manager to help small- to medium-sized businesses (SMBs) access automation for the accounts payable (AP) and accounts receivable (AR) process, according to a press release emailed to PYMNTS. Bill Manager will integrate cloud-based processes from Bill.com into Wells Fargo's digital banking service, the release stated, creating a paperless method for paying bills and offering "simplicity, visibility and control.".

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Square Offers Beauty Sector Online Booking, POS Tool

PYMNTS

Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. . Square Appointments is a front desk solution that works with the business payments processing tool Square Register. The app-based tool gives salon customers the ability to book their appointments online and also issues reminders.

Retail 113
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Digital-First Economy Improves Automotive Customer Experience

PYMNTS

The digital-first economy was huge factor in automotive sales this year, as evidenced by a new report from JD Power. The research company’s annual sales satisfaction index showed that decreased showroom traffic caused by COVID-19 shutdowns fast-tracked dealer adoption of digital selling tools. “The more shoppers are exposed to remote communication and actual online buying options, the more they may prefer these methods in the future over traditional showroom visits to wade through inventory and

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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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NCR: Bank Disruption On The Horizon; Banking M&A Deals To Follow

PYMNTS

You’d be forgiven for thinking that, in banking, the deal is dead. The pandemic, after all, has obliterated “normal” business trends and caution reigns. NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts.

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Petco Partners With DoorDash For Nationwide Same-Day Delivery

PYMNTS

Pet retailer Petco is launching same-day nationwide delivery in partnership with DoorDash that can be accessed via a redesigned website and upgraded app. . "Consumers want more than a transactional relationship with the companies they do business with," Petco Chief Digital and Innovation Officer Darren MacDonald said in a Thursday (Dec. 10) press release.

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Pet Scams Rise As Holiday Buyers, At-Home Workers Seek New Pets

PYMNTS

It’s one of the most timeless holiday moments and unforgettable gifts; unwrapping a giant box to reveal the adoring eyes of a new puppy or kitten. But that priceless present could turn into a costly surprise, the Better Business Bureau warns , due to an exponential increase in pet scams this year that has left would-be owners heartbroken and several hundred dollars poorer too.

Nonprofit 110
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Visa's Cybersource: The Frictionless Fix Is In For Physical Retail’s Broken Business Model

PYMNTS

Although much of the 2021 holiday season will be very different than anything that came before it, some of the changes are easier to anticipate than others. Discussing the most recent edition of PYMNTS’ Global Digital Shopping Index , Michele Herron , Cybersource ’s senior vice president of strategy and insights, told Karen Webster that much of the data confirms what we already knew — or at least strongly suspected.

Retail 109
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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.