Sat.Oct 19, 2024 - Fri.Oct 25, 2024

article thumbnail

Weakening manufacturing demand clouds economic outlook: Conference Board

CFO Dive

Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.

Economics 163
article thumbnail

BofA Extends FX Rate Guarantees To A Year

Global Finance

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, services, manufacturing and the gig economy has resulted in dramatic increases in both the volume and value of cross-border payments in recent years. Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices wit

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What about Thursday’s auction of a new 5-year TIPS?

Tips Watch

Real yields are holding up, but the curve is widening. By David Enna, Tipswatch.com The October auction of a new 5-year Treasury Inflation-Protected Security is always a baffler.

article thumbnail

ICAI lacks authority on audit standards; MCA can nullify SQMs if not issued as per laws, says ex-NFRA chief Rangachari Sridharan

CFO News

As ICAI introduces new Standards of Quality Management (SQM), questions arise regarding its legitimacy and adherence to established protocols. Rangachari Sridharan, the former chief of the NFRA, asserts that legally valid auditing standards can only be issued by MCA, a position that challenges the ICAI's recent unilateral actions.

article thumbnail

Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

article thumbnail

Many middle market firms in ESG ‘wait and see’ mode, RSM says

CFO Dive

While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.

Marketing 146

More Trending

article thumbnail

Effective Debt Management for Entrepreneurs: Tips and Strategies

CFO Plans

Start mastering your debt management today with expert insights from CFO Plans. Discover tailored strategies to empower your business’s financial health. In the fast-paced world of financial services, ensuring small business financial health is crucial for entrepreneurs. While debt can be a powerful tool for growth, it can quickly turn into a challenge if not handled properly.

CFO 52
article thumbnail

India at the forefront of leading the 'double AI' revolution: Suneeta Reddy

CFO News

With Prime Minister Narendra Modi asserting India has a 'double AI' advantage with the power of 'Aspirational India' and 'Artificial Intelligence' combining, Apollo Hospitals Managing Director, Suneeta Reddy on Monday said that India is at the forefront of being able to lead this revolution.

59
article thumbnail

Huntington Bank CFO sees acceleration of fintech venture opportunities

CFO Dive

Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.

CFO 157
article thumbnail

1,044: Driving Sustainable Growth: How to Align Business Goals with Profitability | Isabelle Winkles, CFO, Braze

CFO Thought Leader

In January 2020, most finance leaders were seeing ASC 606 as a done deal. However, for Braze’s newly appointed CFO, Isabelle Winkles, this new revenue recognition standard would quickly move to front-and-center. Although ASC 606 was merely a speed bump for seasoned professionals—including 25-year finance veteran Winkles—it did present some notable challenges within Braze.

CFO 52
article thumbnail

Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

article thumbnail

A 90-Day Onboarding Plan To Train Your New Superstar Client Service Associate (CSA)

Nerd's Eye View

For small advisory firms that are beginning to grow and ready to add new staff, a Client Service Associate (CSA) or similar support role is a common early hire. Ideally, this person will free up an advisor's time to let them focus on other tasks (which are likely income-producing and will allow the advisor to continue to grow the firm). However, if a new CSA is not onboarded well, then advisors run the risk of taking on additional management responsibilities without a corresponding lift in task

article thumbnail

What is Enterprise Performance Management?

Lime Light

Traditional approaches to performance management, which often rely on manual processes and outdated systems, fall short of addressing the demands of modern businesses. According to Gartner, over 70% of finance leaders have adopted enterprise performance management (EPM) software to streamline processes and improve decision-making.

Finance 52
article thumbnail

Optimizing finance operations through outsourcing: What works best?

CFO Dive

Gain insights from over 200 CFOs on how to stay ahead of today’s rapidly evolving financial landscape with research led by Conduent and Everest Group.

Finance 130
article thumbnail

5 Scenarios When a Fractional CFO is a Must-Have

CFO Selections

Regardless of size, industry, or location, strong financial leadership is a vital component of any organization’s success. Yet, small and mid-sized companies often forgo hiring a CFO due to budgetary constraints. This is where bringing in a fractional resource can help! An outsourced fractional CFO will perform the same duties as an in-house full-time CFO, but on a more limited time basis.

CFO 52
article thumbnail

4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

article thumbnail

A Day in the Life: Volkmar Ahrens from nxt4sap 

Future CFO

Editor’s note: In today’s A Day in the Life , Volkmar Ahrens (pictured), MD of nxt4sap Pte Ltd, shares how he draws inspiration from visionaries, a dream of building enduring friendships with authentic people who care deeply about life, society and the world, as well as his typical work day. FutureCFO: What does a typical day look like for you? Volkmar Ahrens (VA): My typical day starts early.

article thumbnail

Sibos Conference Opens In China For First Time

Global Finance

To coincide with the Year of the Dragon, Sibos, SWIFT’s annual financial services conference, exhibition and networking event, is being held in China for the first time. In moving to Beijing from Toronto, SWIFT hopes to enhance its position as a global provider of secure financial messaging services, since the city is home to most of China’s biggest companies and the largest number of Fortune Global 500 companies in the world.

article thumbnail

Unlocking business growth through effective credit control

CFO Dive

It's no secret that offering attractive payment terms may help boost sales. However, the decision to extend favorable credit can be challenging.

Sales 130
article thumbnail

Tatas, Adani & other top companies confront talent crunch in India’s renewable energy sector

CFO News

Data from TeamLease Degree Apprenticeship shows that the sector as a whole-consisting of solar, wind, hydro, battery storage-is estimated to create 1.7 million jobs, direct and indirect, in the next three years as several companies are looking to ramp up workforce. About 30-35 per cent of these will be direct jobs and the rest, indirect.

45
article thumbnail

The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

article thumbnail

How Isabelle Winkles Built a CFO Career Toolkit | Finance Leadership Insights

CFO Thought Leader

Inside The Mentoring Round , Isabelle Winkles, CFO of Braze, reflects on her deliberate and evolving path to becoming a CFO. From her early career as an investment banker to 18 years at Morgan Stanley, Winkles emphasizes the importance of building a diverse finance toolkit through roles in corporate FP&A, treasury, and equity research. She discusses the value of taking strategic career pivots, gaining hands-on exposure, and learning from experienced mentors like Ruth Porat.

52
article thumbnail

#FASuccess Ep 408: Merging Into A Mid-Sized Firm To Grow Something Together (And Have A Real Piece Of It), With Maddi Keegan

Nerd's Eye View

Welcome everyone! Welcome to the 408th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Maddi Keegan. Maddi is a Financial Advisor and the Director of Operations of Frazier Financial Advisors, an RIA based in Columbus, Ohio that oversees $860M in assets under management for 650 client households. What's unique about Maddi, though, is that after building a successful solo advisory firm, she then decided to merge her business with Frazier Financial Advisors, a mid-

52
article thumbnail

Balancing Risk and Reward

CFO Talks

Balancing Risk and Reward As a CFO, one of your primary responsibilities is to balance the fine line between risk and reward. It’s a delicate dance that requires strategic thinking, informed decision-making, and the ability to forecast future outcomes. In South Africa, where economic volatility and regulatory changes are frequent, understanding how to manage risk without sacrificing potential rewards is essential for your business’s success.

52
article thumbnail

Technology advancements, geopolitical conflicts among top risks for India Inc in next 5 years: Report

CFO News

Amid India's evolving risk landscape, a report by TATA AIG and Dun & Bradstreet reveals businesses are prioritizing technological, legal, and geopolitical risks. Concerns span data privacy, environmental regulations, and economic fluctuations, underscoring the need for robust risk mitigation and business continuity strategies.

article thumbnail

If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

article thumbnail

FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 09/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 09/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 09/2024 published appeared first on FCF Fox Corporate Finance GmbH.

40
article thumbnail

Transcript: Brian Higgins, King Street

Barry Ritholtz

The transcript from this week’s, Transcript: Brian Higgins, King Street , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio. 00:00:15 [Speaker Changed] I’m Barry Ritholtz, you are listening to Masters in Business on Bloomberg Rad

article thumbnail

BNY, Mizuho Announce Partnership On Trade Services

Global Finance

BNY and Mizuho Bank, the oldest banks in the US and Japan, respectively, announced on Sunday an agreement to expand their correspondent bank network to help facilitate international trade. Powered by BNY’s Trade Network Access Service, the agreement allows both banks to access each other’s Relationship Management Applications (RMAs). “We were hearing from some of our clients, who have limited infrastructure, but were having to process a single Letter of Credit once every three years for a certai

article thumbnail

Adani Group's Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore

CFO News

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.

52
article thumbnail

Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.