Mon.Oct 14, 2024

article thumbnail

What to do if your company is buried in debt—or how to avoid it

CFO Dive

Bank of Texas talks “zombie companies” and offers advice for companies buried in debt and those looking to avoid it.

Banking 272
article thumbnail

Disaster And Opportunity

Global Finance

Natural disasters are dramatically impacting Latin American economies. But the region could become a global leader in boosting green solutions. The year 2023 cost Latin American economies an estimated $20 billion in destruction from natural calamities: the highest total since Hurricane Maria hit Puerto Rico in 2017. Numbers-wise, the regional impact and cost are in line with such events elsewhere on the planet.

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

Deloitte joins backers of 120-credit hours CPA licensure option

CFO Dive

KPMG and now Deloitte have endorsed a proposed change in CPA licensure requirements allowing candidates to replace a fifth year of schooling with work experience.

322
322
article thumbnail

Empowering Employee Advisors Who Struggle With Business Development By Narrowing Them Into A Niche

Nerd's Eye View

Independent Registered Investment Advisors (RIAs) often face significant challenges in attracting advisors who can proactively generate new business. Many employee advisors gravitate toward service-oriented roles; this preference often stems from their initial motivation for entering the profession – wanting to help clients or perform the more analytical aspects of investing and financial planning.

article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

Female CFOs, CEOs at big companies outearn male counterparts

CFO Dive

Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.

318
318

More Trending

article thumbnail

Lightpath CFO aims to drive finance team’s strategic focus

CFO Dive

Newly-minted CFO Rachel Stack wants to ensure Lightpath’s financial talent has the tools they need to think more strategically.

CFO 280
article thumbnail

Mexico: Banking Beyond Brick And Mortar

Global Finance

Mexican fintechs eye a piece of the nearshoring pie. Mexico continues to post record numbers for many of its economic indicators. And with what is projected to be a $30 billion-$40 billion nearshoring bonanza in its sights, financial institutions of all sorts are rushing to stake their claim. The $644 billion-in-assets banking sector remains dominated by a few brick-and-mortar, multinational giants.

Banking 64
article thumbnail

Achieve financial excellence with IFS cloud. Learn how at the Orlando Gartner IT Symposium

CFO Dive

Empower your CFO strategy—book a personalized demo with IFS Cloud at Gartner IT Symposium!

CFO 261
article thumbnail

Latin America: Getting The Development Formula Right

Global Finance

Governments in Latin America and the Caribbean are kick-starting infra-structure projects, hoping to join the nearshoring boom. But corruption and other hurdles persist. Mexico’s President-elect Claudia Sheinbaum announced three new passenger train lines in July as one of her victory promises, highlighting a potential traffic jam for the country’s nearshoring boom and a larger regional need for infrastructure investment.

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

AT&T, Broadcom move toward settling legal feud

CFO Dive

The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.

188
188
article thumbnail

Latin America: The New Wealth Battleground

Global Finance

The race for Latin American and Caribbean ultrawealthy assets is on, as global powerhouses compete with local giants. Multinational and behemoth private banks increasingly view Latin America as a cornerstone of their growth strategy. Recently, global giants including Citi, UBS, BBVA, and Santander have revamped their teams and opened new divisions in the region, aiming to leverage their leading global offerings for a larger piece of the wealth pie.

Banking 59
article thumbnail

10 Columbus Day AM Reads

Barry Ritholtz

My back-to-work-because-Columbus-Day-is-no-longer-a-market-holiday morning reads: • If you think grocery prices take a big bite out of your paycheck in the US, check out the rest of the world : What’s more, it’s important to note that food prices in the U.S. — relatively speaking — are the cheapest in the world, and have been for a long time.

article thumbnail

Hyundai Motor India raises Rs 8,315 crore from 225 anchor investors ahead of IPO

CFO News

Hyundai Motor India on Monday said it has raised Rs 8,315.28 crore from 225 anchor investor at Rs 1,960 per share (the upper end of the price band), a day before its public issue opening.

52
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

Stepping Up For The Unbanked

Global Finance

With Brazil in the lead, Latin America is rapidly growing an innovative coterie of fintechs, filling service gaps ranging from credit to payment platforms to mobile banking. Latin America has established itself as a magnet for fintech investment. The region received $15.6 billion in investments for financial technology providers over the past 10 years, with Brazilian companies making up 66.7% of the total, according to consultant Distrito’s Fintech Report 2024.

article thumbnail

PLI scheme for white goods: 38 firms commit investments worth Rs 4,121 crore

CFO News

In a boost for local manufacturing, 38 companies have applied for the PLI scheme for white goods (air conditioners and LED lights) with a net committed investment of Rs 4,121 crore in the third round, the government informed on Monday.

article thumbnail

1,042: From the Diamond to the Board Room: A CFO’s Journey | Max Krakowiak, CFO, Revvity

CFO Thought Leader

Max Krakowiak stood on the pitcher’s mound, ignoring the first drops of a Seattle rain. A shout from a less-than-faithful fan filled his ears as he prepared to throw his next pitch. In this moment, he had no idea that his baseball career was about to take an unexpected turn, as a random off-the-field injury would soon end his time in the minor leagues and force him to hang up his cleats.

CFO 52
article thumbnail

How to Scale a Nonprofit Organization with Sarah Silvestri

The Charity CFO

If you want to scale a nonprofit organization, it’s going to take a lot of discipline and patience. On a recent episode of the Modern Nonprofit podcast, host Tosha Anderson sat down with Sarah Silvestri, co-founder of Executive Arm , to discuss the challenges and strategies for scaling nonprofit organizations. With over 15 years of experience in the nonprofit sector, Sarah shared valuable insights on how founders can navigate the complexities of growth while maintaining their passion and v

article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

India's online gaming sector projected to reach $60 billion by 2034

CFO News

India's online gaming sector, currently valued at $3.1 billion, has the potential to expand to a staggering $60 billion by 2034 amid challenges surrounding regulation and taxation, a report showed on Monday.

52
article thumbnail

Argentina: A GenAI Seedbed

Global Finance

Despite recession and economic turmoil, Argentine tech startups are carving a niche as Latin American leaders. Few financial reports coming out of Argentina sound hopeful; the slew of economic calamities that have plagued the South American nation for the better part of the last decade can seem endless. Yet, Argentina has continued to register as a bright spot in two significant areas: resilient entrepreneurialism and technology adoption and innovation.

article thumbnail

IMF says global public debt to top $100 trillion, growth may accelerate

CFO News

Global public debt is forecasted to exceed $100 trillion, with the IMF warning it may grow faster due to increased spending. U.S. tax cut plans and campaign promises ahead of the presidential election could add trillions to deficits. The IMF urges fiscal consolidation, but current efforts are deemed insufficient to stabilize debts.

article thumbnail

Massive Microsoft Fabric Update: More AI Features and FabCon Europe Announcements

Collectiv

This month’s episode of Fabric Threads is a jam-packed mega-episode that covers updates from the past two months, as well as the biggest announcements from FabCon Europe. Our team is back from Stockholm and still running on the excitement of being around so many other Fabric enthusiasts. While we were there, we were constantly on the lookout for the latest and greatest topics to discuss on this show, and we definitely didn’t come home empty-handed.

article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

Govt pushing all levers to sustain high economic growth: FM Sitharaman

CFO News

Finance minister Nirmala Sitharaman announced that the government is working to maintain high economic growth. She noted that bodies like the IMF and World Bank recognize India's strong economic prospects. Sitharaman highlighted India's potential in Industrial Revolution 4.0 due to its young, innovative population.

article thumbnail

India-Canada row: Bilateral trade in goods remains unaffected so far

CFO News

Amid escalating diplomatic tensions, the Global Trade Research Initiative (GTRI) reports that India and Canada’s bilateral trade remains stable, showing resilience with slight growth despite the ongoing political challenges.

45
article thumbnail

GCCs in India to raise hiring 20-25% in next six months on BFSI, manufacturing push

CFO News

Industry leaders anticipate a significant uptick in recruitment across various sectors, driven by both domestic initiatives and global economic dynamics. However, experts caution that several economic challenges could impact recruitment strategies.

article thumbnail

Why Indian companies are latching on to Generative AI

CFO News

Generative AI: A Deloitte survey showed over 95% of respondents feel compelled to adopt GenAI to stay ahead in their industries.

45
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.