CFO News Room

DECEMBER 16, 2022

And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Barry Ritholtz

NOVEMBER 11, 2023

 This week, we speak with Linda Gibson , who is CEO of PGIM ‘s Quantitative Solutions , a pioneer in quant investing managing $119 billion in assets. PGIM is one of the world’s largest asset managers, running $1.27 PGIM is one of the world’s largest asset managers, running $1.27 trillion in client assets.

Leadership 60

Leadership Startups Investments Banking 60

VCFO

NOVEMBER 27, 2023

It’s not inherently risky; rather, it requires strategic management. Misconception: Debt Hampers Financial Flexibility Reality: Responsibly managed debt can enhance flexibility by providing the liquidity necessary to navigate dynamic business landscapes, capitalize on emerging trends, and respond swiftly to market shifts.

Leverage 88

Leverage Manufacturing Investments CFO 88

Barry Ritholtz

MAY 20, 2023

The firm manages about $145 billion in client assets and is the world’s largest publicly traded hedge fund. A qualified barrister in the UK, she has worked in the investment industry since 1994. This week, we speak with Robyn Grew, currently, the President at Man Group, and effective September 1, the firm’s new CEO.

Compliance 118

Compliance Treasury Communication Investments 118

Nerd's Eye View

APRIL 14, 2023

The company said the bulk of the funds will go toward research and platform development as it attempts the challenging task of getting more mid-sized RIAs to move over to Altruist from their current custodian.

Auditing 73

Auditing Practice Management Leadership Securities 73

CFO News Room

FEBRUARY 3, 2022

Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. Announcements made for the semiconductor industry and 5G growth have paved the way for more actionable developments in the sector.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

Barry Ritholtz

DECEMBER 7, 2023

In this episode of At the Money, I speak with Michael Mauboussin, Head of Consilient Research at Counterpoint Global, Morgan Stanley Investment Management. Previously, he was Director of Research at BlueMountain Capital, Head of Global Financial Strategies at Credit Suisse, and Chief Investment Strategist at Legg Mason Capital Management.

Construction 60

Construction Investments Finance 60

The Charity CFO

MARCH 27, 2024

Specifically, nonprofit leaders should consider these factors when looking for software: Requirements for fund accounting Staying in compliance with reporting and filing Fund Accounting Requirements Fund accounting is an accounting system used by nonprofits that focuses on transparency and accountability rather than profits.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

Nerd's Eye View

JANUARY 20, 2023

While it remains to be seen whether the measures will actually be enacted, proposed measures include raising income and capital gains tax rates, instituting wealth taxes, and reducing the state estate tax exemption, potentially creating future planning opportunities for advisors with clients in those states. Read More.

Practice Management 79

Practice Management Leadership Cash Management Numbers 79

Boston Startup CFO

APRIL 3, 2023

This includes managing invoices, receipts, and payments, as well as reconciling bank statements. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

DECEMBER 30, 2020

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

FEBRUARY 13, 2020

The funding will enable Elliptic to expand across Asia and collaborate with financial institutions for an increased understanding of the cryptocurrency ecosystem. The funds are also being used to accelerate the launch of its new risk management solution, Elliptic Discovery. .

Startups 100

Startups Investments Risk Management Compliance 100

Nerd's Eye View

SEPTEMBER 12, 2023

Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count.

Investments 86

Investments Leverage Economics Technology 86

PYMNTS

OCTOBER 21, 2020

Finexio , an AP payments-as-a-service platform, has come off a funding round with $23 million, a press release says. The round was led by a strategic investment from Medalist Partners, a New York-based alternative credit manager. Finexio already has 400 customers and $4 billion in annual spending on AP processes.

Accounts Payable 95

Accounts Payable Education Finance Investments 95

E78 Partners

AUGUST 28, 2023

The emergence of the COVID-19 pandemic in 2020 added unprecedented complexities to this environment, disrupting operations, altering investment strategies, and affecting staffing across industries. The private equity industry, often considered a pinnacle of strategic investment, wasn’t immune to this trend.

Accounting 52

Accounting Finance Leadership Compliance 52

PYMNTS

SEPTEMBER 15, 2020

In such a complex payments ecosystem, merchants have identified the value in diversifying their risk through embracing multiple solution providers partners, including multiple banking services providers. That framework can be applied to merchants' payment solution providers, too. A Single Digital EU Market.

B2B 119

B2B Risk Management Compliance Prioritization 119

Barry Ritholtz

MARCH 9, 2023

She is also the author of “ Damsel in Distressed ,” which (surprisingly) turns out to be the very first memoir written by a woman working at a hedge fund (it’s a fun romp through 1998-2018 era). In our discussion, we covered the lack of female representation at hedge funds.

Finance 60

Finance Investments Banking Retail 60

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. PYMNTS rounds up the latest funding rounds below. The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. Firms in the U.S.,

Compliance 107

Compliance Auditing Accounts Payable Valuation 107

PYMNTS

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. Envoy Group. The $13 million raised for U.K.

B2B 98

B2B Startups Manufacturing Currencies 98

Barry Ritholtz

MAY 11, 2023

This is the next generation of the wealth management industry, and they showed up in droves because they want to be cutting-edge and stay ahead of the curve. Our 2022 FP had attendees from all over the country and the world, with an average age far younger than the typical financial conference.

Investments 60

Investments Entertainment Finance Marketing 60

Barry Ritholtz

DECEMBER 13, 2023

Here are a few items I picked up from Zeke’s book: No Regulation : DeFi’s most glaring issue is the lawlessness of its coin backers, exchange managers and promoters. The utter lack of regulatory oversight in the entirety of the crypto industry is a glaring factor. This isn’t a localized issue.

Numbers 121

Numbers Entertainment Technology Marketing 121

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Concentration 96

Concentration Technology Marketing Investments 96

PYMNTS

SEPTEMBER 18, 2020

This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. million in Series C funding led by existing backers Allegis Capital and Signal Peak Ventures.

B2B 90

B2B Startups Investments Healthcare 90

The Charity CFO

AUGUST 15, 2023

Myth #2: Nonprofits Cannot Make a Profit Being classified as a “nonprofit” gives many people the impression that profits can’t or shouldn’t be made, which often turns accountants away from the industry. Once this happens, it often leads to accountants leaving the position or the industry entirely.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

PYMNTS

DECEMBER 16, 2020

The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 16), at the same time that it launched a first-of-its-kind payments product, CT Cash, to help truckers manage payments. The card gives drivers instant access to their funds via an activity feed on the CloudTrucks app.

Sales 83

Sales Accounting Banking Technology 83

PYMNTS

JANUARY 6, 2021

Industry executives are torn on when and how business trip spending will return. On the other end of the spectrum, however, just under half of those surveyed said it is likely to be only two or three years until the industry recovers. Servicing The Small Business. There are several ways that T&E tools account for this.

Budgeting 112

Budgeting Prioritization Entertainment Compliance 112

Centage

NOVEMBER 22, 2021

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. And while no industry was spared in the wake of the pandemic, nonprofits were hit hard. For far too long, spreadsheet-based financial planning has been the standard.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

PYMNTS

AUGUST 16, 2020

Axle , which works in cash flow for the freight and logistics industry, has raised $27.7 million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cash management, according to a press release. million total.

Finance 79

Finance B2B Cash Management Economics 79

PYMNTS

DECEMBER 15, 2020

Payments in the legal cannabis industry is a tricky nut to crack. It's not only consumer transactions that are feeling the pains of an industry reliant on cash, either. It's not only consumer transactions that are feeling the pains of an industry reliant on cash, either. Challenges 'On Steroids'. Looping In Trade Credit.

B2B 111

B2B Accounts Payable Startups Invoicing 111

E78 Partners

APRIL 13, 2023

E78 Partners offers finance and technology solutions for PE firms pursuing roll-up strategies. Preqin , the leading trusted industry data provider, forecasts that global private capital assets under management (AUM) will reach a staggering $18.3 Buyout funds had an average annual net return of 12.5

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership Forecasting CFO 52

CFO Talks

SEPTEMBER 20, 2023

Pieter De Jager: The electricity and ESG challenges of a heavy industry CFO Written by: Leigh Schaller Pieter de Jager explains how managing the short-term needs of heavy industry – to keep production churning – and a long-term shift to greener energy can leave CFOs caught between cement and a hard place.

CFO 52

CFO Planning Investments 52

CFO Simplified

AUGUST 18, 2022

For small businesses, understanding your cash gap is a particularly important part of what you need to know to properly fund your company and operate profitably. Some companies use monthly or quarterly calculations to account for business cycles, seasonality, industry, etc. What is the Cash Gap? How to Improve Your Cash Cap.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

CFO Share

OCTOBER 6, 2021

A report by the Cannabis Business Times found the top three business related challenges to the industry were competition/declining prices, compliance, and financial management. With no government funding or protection, a cannabis business’ management team is vital to the success of the business. Data-Driven Management.

CFO 96

CFO Budgeting Compliance Forecasting 96

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. million in seed funding from NFX and ALLVP. million in seed funding led by Base10 Partners.

Banking 66

Banking B2B Accounts Payable eCommerce 66

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. Cost Control and Expense Management Efficient cost control is a part of maintaining healthy profit margins.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

Spreadym

MAY 26, 2023

Budgeting software is an application designed to assist businesses in creating, managing, and tracking their budgets. It helps automate and streamline the budgeting process by providing tools and features to input financial data, allocate funds to different categories, monitor expenses, and generate reports.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

PYMNTS

AUGUST 21, 2020

million in new funding , U.K.-based based Hammock is helping landlords manage cash flow by offering a FinTech platform to streamline rent payments and manage bookkeeping. million in funding this week led by Anthemis and Techstars, the company said. Freight broker financing startup Axle announced $27.7 Attabotics.

B2B 61

B2B Restructuring Investments Manufacturing 61