CFO News Room

DECEMBER 5, 2022

The Institute for Supply Management’s composite services index increased to 56.5 The index remains above the neutral 50 threshold and suggests the 30 th consecutive month of expansion for the services sector (see top of first chart). Among the key components of the services composite index, the business activity index jumped 9.0

Economics 130

Economics Manufacturing Investments Marketing 130

Nerd's Eye View

DECEMBER 6, 2023

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

Investments 95

Investments Securities Budgeting Planning 95

CFO Share

APRIL 12, 2024

Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

Risk Management 104

Risk Management CFO Restructuring Sales 104

CFO News Room

JANUARY 17, 2023

Sustainability is increasingly taking a core position in framing business strategy. Sustainable transformation may call for broad changes to an organization’s business models, operations, financial practices, and partner ecosystems—an undertaking whose complexity reaches beyond the knowledge an organization may keep in-house.

Benchmarking 130

Benchmarking Planning Compliance Sales 130

CFO News Room

JANUARY 3, 2023

Welcome back to the 314th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Sue Chesney.

Planning 130

Planning Education Leverage 130

Future CFO

APRIL 25, 2024

Joanne Rodrigues , group chief financial officer at Affin Bank , shares how the management team of Affin led a successful transformation charge for the Group over the last 3 years that spanned the period of the pandemic and is now into its second phase of transformation, call A25 with aggressive targets for 2025. “We

Technology 69

Technology CFO Banking Communication 69

CFO News Room

JANUARY 6, 2023

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. They have been through many business cycles and have seen construction businesses thrive, survive, and fail.

Construction 130

Construction Economics Forecasting Finance 130

Nerd's Eye View

FEBRUARY 23, 2024

Which suggests that instead of trying to go head-to-head with these larger firms (and their heftier marketing budgets) in attracting clients, smaller firms might instead demonstrate how they are 'different' by offering a unique service offering tailored to their ideal target clients.

Concentration 80

Concentration Treasury Budgeting Leverage 80

CFO Share

APRIL 16, 2024

How do you know if your business is on firm financial footing? Financial wellness checks are just as important as annual wellness checks with your doctor. You could go months or years without making such checks, but to do so is rolling the dice with your business’ health. This amount should be positive and stable.

Profit and Loss 52

Profit and Loss Budgeting CFO Forecasting 52

Nerd's Eye View

JANUARY 8, 2024

Professional service industries tend to evolve over time as the regulatory environment evolves and new technologies emerge. For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape.

Tax Planning 73

Tax Planning Healthcare Planning Technology 73

CFO Thought Leader

MARCH 26, 2024

This step triggered not only a geographical shift but also a change in Sawyer’s professional life, when her work alongside a CEO ultimately fueled her aspirations to become a chief financial officer. Sawyer: We support services businesses. Last year, we changed our name from Financial Force to Certinia.

CFO 52

CFO Financial Planning and Analysis (FP&A) Finance Accounting 52

Nerd's Eye View

AUGUST 15, 2023

Welcome back to the 346th episode of the Financial Advisor Success Podcast ! Jim is the founder of MainStreet Financial Planning, an hourly, fee-only financial planning firm, and also created Procrastination Junction, a coaching program for fee-only financial advisors looking to improve their sales skills.

Leverage 93

Leverage Prioritization Sales Education 93

Nerd's Eye View

SEPTEMBER 4, 2023

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startups 90

Startups Technology Investments Planning 90

Centage

SEPTEMBER 5, 2023

The current economic climate is causing profound challenges for business owners across industries. With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Segment Profit: Few businesses have only one product or service. Then divide that by your revenue.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Future CFO

JANUARY 3, 2024

In a bid to maximise resources, be it funds or the people themselves, it is a business imperative for finance leaders and chief financial officers to determine whether outsourcing is the right fit for the business. If the financial operations are relatively straightforward, outsourcing can be a cost-effective option.

Compliance 52

Compliance Finance Accounting Financial Data 52

Nerd's Eye View

JANUARY 25, 2024

Few service industries have as much potential to impact lives as financial advice, and it's that very ability for financial advicers to help their clients achieve positive outcomes that can often compound for decades and beyond that make the profession deeply satisfying for so many.

Education 76

Education Numbers Planning 76

Future CFO

FEBRUARY 4, 2024

IDC forecasts that the APAC GenAI market will grow by 85% CAGR from 2022 to 2027, with the financial services industry as one of the leading adopters. This allows teams to improve efficiency and focus on being a strategic partner to the business.

Finance 98

Finance CFO Leadership Risk Management 98

VCFO

NOVEMBER 27, 2023

Debt, often perceived as a financial burden, is a powerful tool when strategically employed. Frequently referred to as leverage, debt has the potential to fuel growth, drive strategic initiatives, and propel businesses to new heights. Seizing Growth Opportunities: Business landscapes evolve, presenting unforeseen opportunities.

Leverage 89

Leverage Manufacturing Investments CFO 89

Nerd's Eye View

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing (..)

Tax Planning 88

Tax Planning Numbers Planning Securities 88

Boston Startup CFO

APRIL 12, 2024

Through meticulous analysis of your historical financial data and current business operations, we will develop accurate and reliable cash flow projections, enabling you to make informed decisions, anticipate potential cash shortfalls, and implement effective strategies to maintain optimal liquidity and financial stability for your business.

Planning 40

Planning Cash Flow Forecasting Forecasting Benchmarking 40

Future CFO

FEBRUARY 6, 2024

In recent years, the role of chief financial officer (CFO) has never been more challenging as it is fulfilling for those who hold this position. In fact, (as a CFO) I business partner a lot with other departments, including technical, sales, etc. I don’t know why but it always seems that the finance function is seen as a cost centre.

Finance 98

Finance CFO Accounting Technology 98

Spreadym

OCTOBER 27, 2023

It is a financial metric that is often used to assess the operating performance and profitability of a company. Before: EBITDA looks at a company's financial performance before accounting for interest, taxes, depreciation, and amortization, as these factors can vary significantly between different companies and industries.

Financial Analysis 59

Financial Analysis Valuation GAAP Accounting Principles 59

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

Beacon CFO Plus

JANUARY 30, 2024

When CFO Services Become a Strategic Imperative In the ever-evolving business landscape, the decision to bring in external expertise can have a major impact on your success. Regardless of your business’s size or industry, there comes a point where engaging with an outsourced CFO becomes necessary.

CFO 52

CFO Restructuring Leadership Strategic Planning 52

Nerd's Eye View

APRIL 16, 2024

Welcome back to the 381st episode of the Financial Advisor Success Podcast ! Ashley is the Founder of Beyond The Plan, a consulting firm based in Evans, Georgia, that offers a Fractional Financial Behavioral Officer service including consulting and training to advisory firms and even direct meeting support for new or existing clients.

Planning 52

Planning 52

Spreadym

NOVEMBER 23, 2023

OPEX stands for Operating Expenses, which are the costs a company incurs from its day-to-day business activities. OPEX in Financial Analysis is a crucial metric as it reflects the ongoing costs necessary for running a company and generating revenue. How can OPEX help to analyze the performance of the business?

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

Beacon CFO Plus

NOVEMBER 15, 2023

” – Warren Bennis There is no shortage of challenges for new business owners, from startups to family-owned businesses or independently owned enterprises. No matter your industry, you must keep up with ever-changing market competition, regulatory requirements, talent acquisition needs, and new technology adoption.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

Future CFO

APRIL 1, 2024

Editor’s note: What is it like to work with finance leaders in driving growth against the backdrop of the ever-changing business landscape and macroeconomic environment? Juvanus Tjandra (JT): At KPMG, I lead finance and corporate services transformation in the firm, with a focus on strengthening the performance of business functions.

Finance 52

Finance Risk Management Practice Management Budgeting 52

PYMNTS

OCTOBER 7, 2020

7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We is an IT solution provider to the financial services industry. Oracle Banking Payments announced Wednesday (Oct. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

Barry Ritholtz

OCTOBER 8, 2022

Levy explains how he spent a year learning about the underlying business of family business focused on commercial real estate. The firm’s divisions include Crow Holdings Capital Funds, Crow Holdings Capital, Trammell Crow Residential, Crow Holdings Industrial, and Crow Holdings Office.

Education 127

Education Investments Finance 127

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions. The new approach promises to create new value-added services to support business growth.

Compliance 139

Compliance Leverage Accounting Planning 139

CFO Network

DECEMBER 11, 2023

Unlocking Financial Success: How Fractional CFOs Transform Businesses In the current landscape, businesses increasingly opt for lean and agile operations, fostering a burgeoning market for expert support in non-full-time equivalent roles within startups and small to medium enterprises.

CFO 52

CFO Startups Finance Accounting 52

CFO News

AUGUST 28, 2023

While addressing the stakeholders at the Reliance AGM 2023, Reliance Industries chairman Mukesh Ambani said the Jio Financial Services has been conceptualised to fill a critical gap in the financial services sector catering to the needs of a large section.

Retail 52

Retail 52

CFO Share

JANUARY 31, 2024

It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time employee. Why would I hire fractional CFO services? There are many reasons a small business would benefit from professional financial strategy. You are bringing on new equity partners.

CFO 52

CFO Forecasting Budgeting Construction 52

VCFO

FEBRUARY 13, 2024

. “It’s exciting to be part of the nominating committee for entrepreneurs to tell their story on this best-in-class business award platform,” says Ken Doward, Managing Director for vcfo’s Austin market. This award is a recognition of success among the best entrepreneurs building long-term value.

Planning 88

Planning Marketing Leadership 88

Nerd's Eye View

OCTOBER 27, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity (..)

Tax Planning 82

Tax Planning Auditing Leverage Investments 82

Future CFO

JANUARY 2, 2024

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending with a growing shortage of skilled accountants. The talent gap is placing immense pressure on organisations to find innovative ways to manage their financial functions efficiently.

Accounting 52

Accounting Finance Data Analysis Compliance 52