April, 2024

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Retail sales surge as economy enters Q2 spurred by spend-happy consumers

CFO Dive

After the release of the retail sales data, the Federal Reserve Bank of Atlanta upgraded its estimate for the annualized rate in first quarter GDP growth to 2.8% from 2.4%.

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Why are inventories often not efficient?

Navigator SAP

When manufacturers think about efficient inventory management, usually the first things that come to mind are knowing the location of raw materials and finished goods, and making sure that stocks don’t sit idle too long. But more goes into efficient inventory management than that.

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A Short History of Stocks

Barry Ritholtz

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

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U GRO Capital CFO calls for new NBFC category to boost MSME financing

CFO News

U GRO Capital's CFO, Kishore Lodha, suggests a distinct NBFC category for MSMEs to address their financial needs effectively. The CFO also highlighted the company's commitment to sustainability, emphasising growth strategies, including impact assessments and innovative financing solutions like rooftop solar and water sanitation.

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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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The weight of upskilling in finance

Future CFO

The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left and right, finance leaders and teams are expected to face challenges in talent, what with all the requisites of attraction, acquisition, and retraining.

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More Trending

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Cyberattacks pose biggest business threat, small companies say

CFO Dive

Small businesses in professional services are more concerned about cyber risk than those in manufacturing or other services, the U.S. Chamber of Commerce said.

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Overcoming User Resistance and Training Challenges in ERP Adoption

Navigator SAP

There are many benefits from ERP for food industry operations, especially for manufacturing operations. The benefits of ERP data analytics in manufacturing include better demand planning, tighter production schedules, and less waste, for instance.

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What Recession? State Coincident Indicators

Barry Ritholtz

Between book leave and COVID I have been pretty quiet lately. Since it’s been a few months, I thought we could take a quick look at the Federal Reserve Bank of Philadelphia’s State Coincident Indicators out for both January and February 2024.1 As the charts above show, the economy on a state-by-state basis has markedly improved from Q4 2023’s softening.

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At 59.1 in March, India's manufacturing PMI hits 16-year-high

CFO News

India's Purchasing Managers' Index (PMI) skyrockets to a 16-year-high, reflecting surging production, sales, and stockpiling, a recent report said. The job markets see a welcome return of hiring, but there was a looming shadow of inflation. The HSBC India Manufacturing PMI Report suggest optimistic signs and potential roadblocks for India's manufacturing boom.

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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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Financial Risk Management: Small Business Advice from a CFO

CFO Share

Fractional CFOs view the world through two lenses: risk and reward. 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.

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Moving the needle: transformation in finance

Future CFO

In the world of business where change is constant, it is a given that the finance function rides on the waves to maximise benefits for their respective organisations. According to Gartner , it is important that finance leaders fully understand the scope of changes that genuine transformation requires, as it observes that finance transformation efforts are falling short of CFOs’ objectives in large part.

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The CFO’s role in curbing third-party cybersecurity risk

CFO Dive

With vendor-related cyber risks spiking rapidly, the stakes are too high for CFOs to treat the issue as merely an IT concern, writes cybersecurity consultant AJ Yawn.

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Automation: The Core of Efficient Inventory Management

Navigator SAP

As accurate and efficient as employees can be in the inventory department, machines are better at it. Manufacturers already know that robotic process automation improves manufacturing quality and performance, and the same technique can be applied to a manufacturer’s inventory department through inventory process automation and the backend systems that enable it.

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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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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • He Loves Speed, Hates Bureaucracy and Told Ferrari: Go Faster : A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races. ( Wall Street Journal ) • Boeing’s problems were as bad as you thought : Experts and whistleblowers testified before Congress today.

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Vikram Solar Appoints Narayan Lodha as Chief Financial Officer

CFO News

Vikram Solar appoints Narayan Lodha as Chief Financial Officer, effective April 8, 2024. With over 20 years of financial expertise, he will drive financial strategy and support the company's expansion in renewable energy.

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Early Warning Signs of Financial Trouble in Your Business

CFO Share

Whether you’re a proactive leader scanning the horizon for potential problems or a concerned entrepreneur afraid you’re already in the midst of a downturn, you need to know the early warning signs of financial trouble. Identifying these signals could be the difference between successfully navigating rough waters and going down in a shipwreck. If you can keep your cool and understand why businesses fail financially , you will be able to spot these 8 early warning signs of financial trouble in yo

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Let’s weigh in on the I Bonds vs. T-bills debate

Tips Watch

By David Enna, Tipswatch.com Last week I was being interviewed by CNBC’s Kate Dore about I Bond investment strategies, and I found myself asking her a question: “Do you think the Federal Reserve has learned a lesson?

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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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Google to restructure finance team ahead of AI push: Reports

CFO Dive

The restructuring is the latest round of layoffs by Alphabet as the company looks to funnel more than $100 billion into AI projects.

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Optimizing Manufacturing Operations with ERP-Driven Data Analytics

Navigator SAP

Industry 4.0, which is the use of data analytics, digital technologies, and the Internet of Things (IoT), has been called the fourth industrial revolution. Central to this revolution are connected devices and the wide availability of cloud-based enterprise resource planning solutions (ERP) that help businesses overcome ERP adoption challenges that limited digitization and the use of full-featured ERP technology previously.

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Assessing Payouts And Platform Fees For Profitability When Choosing An Independent Advisor Platform To Affiliate With

Nerd's Eye View

Broadly speaking, there are 2 models of working as a financial advisor: operating independently as a firm owner or with a large affiliate platform such as a wirehouse broker-dealer, independent broker-dealer, or larger corporate RIA. Deciding which model to work under is a key moment in beginning or evolving a career as an advisor. In the independent model, owners/advisors are generally paid directly by the clients they serve, and they select and pay for the vendors, services, and employees that

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India's services sector peaks at 13-year high in March driven by strong demand

CFO News

In a recent report by S&P Global, findings revealed that the seasonally adjusted HSBC India Services Business Activity Index indicated a remarkable surge, marking one of the strongest growth rates witnessed in over 13-and-a-half years. This upturn has been predominantly attributed to robust demand conditions, enhanced efficiency gains, and positive sales developments.

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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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Employee Experience Expectations

VCFO

Evolving Employee Experience Expectations in 2024 Creating an exceptional employee experience is more than a one-and-done endeavor. As people, markets, and the world around us change, so do employee expectations. Evaluating these shifts and what you need to do to not only create but sustain an optimal environment for your workforce is beneficial to your business.

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Next week’s 5-year TIPS auction has solid appeal

Tips Watch

By David Enna, Tipswatch.com Note: I am posting this auction preview early because my I Bond buying guide will be going up Sunday morning. Keep in mind that real yields are currently highly volatile and will change by Thursday’s auction.

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NSA sounds alarm on AI’s cybersecurity risks

CFO Dive

Malicious actors on the hunt for sensitive data or intellectual property may be attracted to attack vectors unique to artificial intelligence, the NSA warned.

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What are the basics of an efficient inventory?

Navigator SAP

We are breaking down our 'Inventory Management for Manufacturing' guide into digestible sections. You can get the full inventory management guide here.

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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.