Sat.Oct 31, 2020 - Fri.Nov 06, 2020

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A weaker US Dollar, but a EUR at an uncomfortable level too…

Simply Treasury

When we address the issue of the appropriate level of the USD/EUR currency pairs, it is difficult to assess the right level it should reach. However, at the moment, for COVID crisis reasons, we believe, USD is weaker. Does it help the European economies also facing tough times? I guess not…. A weak(er) Dollar strengthens abnormally a EUR that intrinsically seems weak as well.

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Personalizing — Not Just Digitizing — The B2B eCommerce Experience

PYMNTS

As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. Pricing and payments are two key areas that tend to look vastly different in the B2B world than in the consumer arena.

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Once Upon a Time in Financeland: How Storytelling Helps FP&A Succeed

Jedox Finance

This week, Mohamed ElRouby and Anders Liu-Lindberg carry you away into Financeland, where they make a case for storytelling in Finance, and how it helps in succeeding as a business partner for all stakeholders. Stories. They’re what bind all of us together because everyone likes and can understand a good story. When we were kids and our parents had to calm us down after a long day or when going to bed, they would read us stories.

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People Moves: Executive promotions at AAC Technologies, Singapore Kitchen Equipment

Future CFO

Hong Kong-listed AAC Technologies Holdings Inc. has appointed Ms. Guo Dan — its current Senior Vice President, Group Finance — as CFO of the company. Aged 37, Guo has more than 13 years of investment banking experiences. She previously served as Executive Director of Goldman Sachs (Asia) L.L.C. Singapore-listed Singapore Kitchen Equipment Limited has named Ms.

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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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Finding the Right Office Manager

Adam Kae

Hint: It's not your top-performing nurse! Hey Doc, we see you! You're saving lives, running a business, and trying to catch your breath! How is your office manager helping? More importantly, WHO is your office manager? Is this you? It's common practice to promote your highest-performing nurse to be your office manager. This is especially true in small practices where everyone wears a few hats.

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How Can the Main Street Lending Program Help Your Business?

CSC Advisors

If your business is struggling during the ongoing pandemic, you still have options for economic relief. You don't have to be worried about how you are going to keep your business open and retain employees. Continue reading to learn everything you need to know about the Main Street Lending Program and how it can help your business in these uncertain times.

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Understanding and achieving a healthy cash flow [Part 4/4]

Creative CFP

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. This is without a doubt one of the most important and often overlooked financial reports within the monthly report pack. The cash flow statement in context The profit and loss statement, discussed in an earlier blog, provides information on the revenue and expenses over a certain period of time.

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ESG and Fixed-Income Indices Surge in 2020

CFA Institute

Market indices have seen constant evolution in more than a century of history, but never more so than in the last year.

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The Nine Things We Know For Sure About The Post-Pandemic Consumer

PYMNTS

There’s no shortage of pain points to catalog from the past six months: A global pandemic, worldwide economic disruption, record-breaking unemployment, an invasion by murder hornets — the hits never seem to stop. But the running theme through all of the frustration that 2020 has created is uncertainty and the feeling that one never quite knows what’s going to happen next.

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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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A Complete Guide to Economic Injury Disaster Loans

CSC Advisors

Money is exactly what makes your business a success. If it wasn't for your sales, you wouldn't be able to pay your employees and you wouldn't be able to keep your business afloat. During uncertain economic times, you may find that your business is struggling with major monetary loss. With an economic injury disaster loan, you can get your business back on track.

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How organisations can enhance revenue management strategies

Future CFO

There is a six-step process that management accountants can adopt to improve organisations’ revenue management strategies, said the Institute of Management Accountants (IMA) recently. In its new Statement on Management Accounting (SMA), “Revenue Management Fundamentals,” the IMA describes the key ways management accountants can strengthen and accelerate the revenue management strategy and systems across all types of competitive organisations and industries.

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Larry Fink on the “Long-Termism of Humanity”

CFA Institute

"This is the beauty of humanity: We adapt, we evolve, we move forward,” Larry Fink says.

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Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

PYMNTS

From concept to pilot to corporate payment game changer. Umar Farooq , CEO of J.P. Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took place against the backdrop where, late last month, J.P.

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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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General trends in TMS solutions

Simply Treasury

TMS’s have evolved over time and especially the last couple of years with a huge jump in technologies. Treasurers are wondering how TMS can help further modernizing the finance function in the coming years. How to best choose your IT treasury solution in a complex and competitive environment? What are the general trends we saw in the industry? These are the questions the article will try to answer to.

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The six critical success factors of digital transformation

Future CFO

While many digital transformation project fail, there’s still hope if an organisation can ensure that six critical success factors are in place, said Boston Consulting Group recently. These critical factors can reverse the odds of success from 30% to 80%, the company pointed out. According to Flipping the Odds of Digital Transformation Success — a new report released by BCG recently, only 30% of transformations met or exceeded their target value and resulted in sustainable change.

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Dot-Com Redux: Is This Tech “Bubble” Different?

CFA Institute

Is it a dot-com déjà vu for tech stock valuations? Maybe not.

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Today In Digital-First Banking: Zelle Exceeds 1B P2P Payments; China’s Digital Yuan Tests Process 4M+ Transactions

PYMNTS

In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Plus, Bloomberg clients will now have the capacity to use the company’s terminal to look at Credit Benchmark’s risk data. Zelle Says P2P Payments Top One Billion Transactions.

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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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Prop 22: California Voters Side With Uber And Lyft, Nix AB 5 Gig Worker Law

PYMNTS

California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to a Wall Street Journal report on Wednesday (Nov. 4). The three app-based tech companies were joined by Postmates and Instacart in the financial support of Proposition 22, which upholds the independent contractor status for gig economy workers.

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Tradologie Launches Global B2B Platform In India

PYMNTS

India's Tradologie is looking to make the country a "self-reliant and self-sustaining powerhouse" through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. According to a press release , the company is revamping the usual B2B processes by cutting the costs of commodities for the buyer in real time, so "more gets done in less time while using fewer resources," which has the effect of making the price visible while the deal is still on.

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China's Tests Of Digital Yuan Have Processed 4 Million Transactions

PYMNTS

People’s Bank of China (PBOC) Governor Yi Gang said the pilot program for digital yuan has gone well, with over 2 billion yuan ($299 million) used in over 4 million transactions, Bloomberg reported. The trial was rolled out in four cities earlier this year. Yi, speaking at Hong Kong FinTech Week on Monday (Nov. 2), said that FinTech companies have some "key advantages" over traditional banks in terms of developing a customer base and curbing risk.

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LendingClub Q3 Loan Volume Snaps Back 80 Pct

PYMNTS

LendingClub , the country’s top provider of personal loans, said in earnings results Wednesday (Nov. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. The San Francisco-based loan marketplace operator also said it’s well-positioned to navigate the current environment and complete the acquisition next year of Radius Bancorp , which LendingClub management called its “top strategic priority.”.

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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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FIS: Contactless Payments, Curbside Pickup Will Become Digital-First Necessities

PYMNTS

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. After all, Norm Marraccini , senior vice president of digital payments, ACH and RTP at FIS , told Karen Webster in a recent Masterclass interview that the formula is pretty simple: “We pull up.

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Real-Time Payments Steps Up To Fulfill Demand For Faster Funds

PYMNTS

To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all. Clearly, paper checks aren’t cutting it anymore. We’ve evolved. It’s time to embrace it, especially for financial institutions (FIs) and adjacent players that intend to stay relevant in this market.

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Walmart Reboots Retail With Its Re-Think On Robotics

PYMNTS

There’s an old saying that asks, “Why buy the cow if you can get the milk for free?” But lately, in the case of Walmart , it’s more a case of “Why buy the robot if you can get some guy to do it for less?”. This in a week that has seen news reports that the world’s largest retailer has terminated its contract — and a 3-year-old automated shelf-stocking experiment — with San Francisco’s Bossa Nova Robotics , having found that existing “human” employees were able to do the same work just as well.

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Bottlenecks, Stockouts — And The Need For (Modern) Supply Chain Solutions

PYMNTS

No one likes stockouts — certainly not consumers. Or the retailers who sell things to them. Increasingly, it looks like the pandemic is exacerbating friction inherent in supply chains — namely, bottlenecks. As spotlighted in this space recently, import activity has been surging , according to data from the Port of Los Angeles. As recently as September, the port said its processed cargo loads were up more than 13 percent from a year ago, which means the port had its busiest September and best qua

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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.