Tue.Jun 25, 2024

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Harnessing GenAI in corporate finance: Lessons from Microsoft

CFO Dive

Finance teams deploying the technology need a "trust, but verify" approach to outputs, among other best practices, a pair of Microsoft executives write.

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Navigator Business Solutions Announced as one of Bob Scott’s VAR Stars 2024

Navigator SAP

Navigator Business Solutions has been named to Bob Scott’s Top 100 VARs for 2024. The Top 100 resellers are chosen from organizations specializing in the sale and implementation of Enterprise Resource Planning (ERP) and accounting software.

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Judge freezes ex-Detroit Riverfront CFO’s assets including boat, real estate

CFO Dive

The former finance chief of the Detroit Riverfront Conservancy faces criminal charges of bank and wire fraud in connection with a $40 million embezzlement scheme.

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#FASuccess Ep 391: Improving Efficiency (In A Solo Practice) By Eliminating What Clients Don’t Really Care About Anyway, With Christopher Jones

Nerd's Eye View

Welcome everyone! Welcome to the 391st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Christopher Jones. Chris is the founder of Sparrow Wealth Management, an RIA based in Orlando, Florida, that oversees approximately $110 million in assets under management for 68 client households. What's unique about Chris, though, is how he has built a highly efficient solo practice that allows him to work fewer than 25 hours/ week to have more time for his family and manage

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Consumer confidence falls amid sagging income, business expectations

CFO Dive

“Signs of strain continue to emerge among consumers with low-to-moderate incomes,” Federal Reserve Governor Lisa Cook said Tuesday.

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SEC’s $2.1M fine on RR Donnelly over hack response slammed as overreach

CFO Dive

The agency’s assertion that a cybersecurity failure can be punished as an “internal accounting controls” violation is raising eyebrows.

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FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 05/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – Europe 05/2024”. The Monitor is a monthly published overview of venture capital trends in the. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 05/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Owens & Minor CFO resigns at company request

CFO Dive

The Fortune 500 healthcare company’s corporate treasurer is stepping in as interim after CFO Alexander Bruni was asked to depart.

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Enabling finance professionals to engage with sustainability

Future CFO

ACCA's Sharon Machado , head of sustainable business, Maggie McGhee , executive director – strategy and governance, and Dale Burridge , director of global business services, discuss how people-related considerations affect the journey to sustainability. Machado, McGhee, and Burridge dive deep in four key areas: awareness amongst our people to be more sustainable and report , the organisation changes needed to make people best placed to deliver, the skills needed especially from professional acco

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Outsourcing Administrative Tasks: Enhance Your Business

Capital CFO LLC

Running a business is like conducting an orchestra; every function, including outsourcing administrative tasks, must be in harmony to create a masterpiece. Reflect on the endless hours sorting through paperwork, scheduling meetings, and handling routine tasks. It becomes evident how much time is absorbed in these activities. Time is precious. Now, consider redirecting those hours […] The post Outsourcing Administrative Tasks: Enhance Your Business appeared first on Capital CFO+.

CFO 52
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The Microsoft Fabric May 2024 Update Gave Us a Peek Into the Future

Collectiv

Welcome back to the second episode of Fabric Threads, a podcast we started here at Collectiv to help you better understand Microsoft Fabric so you can maximize this powerful tool. The May Microsoft Fabric update was jam-packed, and there are way more features than I could cover in a single blog or a single video. Coming up are several new features and updates that stood out most to us that we think you should pay special attention to.

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Types of finance awards: recognizing innovation, leadership, and sustainability in finance

Cube Software

The significance of finance awards Finance teams do a lot of the heavy lifting in keeping an organization running. Through their diligent efforts in activities like budgeting , forecasting, and large-scale FP&A activities, finance leaders and their teams drive forward initiatives that help organizations stand out.

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WEBINAR: Actionable M&A Integration Practices to Accelerate Deal Value

E78 Partners

Looking to refine your approach to M&A integration and drive better results in upcoming acquisitions? E78 industry leaders Scott Whitaker and Stefan Hofmeyer compiled valuable insights through their extensive experience across a wide spectrum of transactions. Every transaction is unique, but certain best practices consistently have a positive impact on deal value during the integration phase.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Financial Reporting Help: Avoiding Common Mistakes in Financial Reporting

CFO Share

Financial Reporting Help: Avoiding Common Mistakes in Financial Reporting As a small business owner, you rely on accurate financial statements to make informed decisions and drive your business forward. You’re not alone if you’re feeling suspicious or frustrated with your current business reporting. Many business owners encounter reporting errors, even when they work with a bookkeeper or fractional CFO.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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Unifying Operational Accounting and Compliance Accounting in the Office of the CFO

Bramasol

The role of enterprise level CFOs has changed radically over the past decade with both a widening scope of influence and greater responsibilities for helping guide corporate transformation programs and technology choices. Instead of the historic backward-looking role focused primarily on gathering and reporting data, the Office of the CFO is now much more involved in proactively analyzing trends and formulating forward-looking strategies to drive future company results.

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India Inc's CSR spends on sports likely to surge in next few years

CFO News

The foundations of several companies, such as the Reliance Group, Tata Steel, JSW, Hindustan Zinc and SKF India, have been supporting sports as part of their corporate social responsibility (CSR) commitments. However, the data on whether there has been an increase in the CSR spend on sports and by which companies is not available. This is due to an MCA notification in September 2022 that no longer requires companies to disclose details of their CSR spends but only the total spends towards CSR.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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The Mentoring Round | Carol Lee, CFO, LogicMonitor

CFO Thought Leader

` Inside The Mentoring Round, CFO Carol Lee of LogicMonitor discusses the key lessons that can be learned from the buy-side and sell-side of M&A, why financial planning must be your organization’s numerical roadmap, and the strategic advantages AI is bringing to financial analysis and customer interactions. 1,011: Balancing Agility and Structure for Strategic Growth | Carol Lee, CFO, LogicMonitor The post The Mentoring Round | Carol Lee, CFO, LogicMonitor appeared first on CFO THOUGHT

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Adani CFO says Sebi notices procedural

CFO News

The conglomerate faces Sebi notices, financial scrutiny, and market challenges but remains compliant and poised for a strategic rebound from recent setbacks.

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Tata Projects appoints Deepak Natarajan as CFO

CFO News

In this role, Natarajan will be responsible for overseeing the integrated finance function, including strategy and M&A, legal, secretarial and compliance, investor relations and communications, as well as internal audit and risk management functions, according to a statement.

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Flipkart, PhonePe on path to profitability: Walmart CFO

CFO News

Walmart CFO David Rainey said ecommerce company Flipkart and PhonePe are on the path to profitability. Flipkart’s losses in the ecommerce segment have been improving, he said at an investor conference. He also said this “gives us a lot of confidence in what the overall financial profile of this business looks like a few years from now”.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Major GST relief for general insurance sector: Key demands addressed

CFO News

GST Council grants major relief to general insurers, dropping over Rs. 18,000 crore in tax demands and addressing key issues on co-insurance, reinsurance, and crop insurance premiums. Tapan Singhel, Chairman of the GI Council, highlighted the significant easing of the tax burden on the industry and its benefits for end-users.

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India heading towards 8% GDP growth, confident of 7.2% growth in FY25: Shaktikanta Das

CFO News

The governor attributed implementation of GST, Insolvency and Bankruptcy Code, and Flexible Inflation Targeting as the primary drivers of India's growth, particularly in the last three years.

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Makeover likely to give faceless I-T assessment a friendlier face

CFO News

"It is being reviewed to assess effectiveness," said an official, adding that there is a line of thinking that it should be made optional for taxpayers. Another official said the idea is to address challenges in its implementation to ease compliance further for taxpayers. A final call will be taken shortly, the official said. The scheme was introduced on April 1, 2021, to reduce the human interface in tax disputes and assessments.

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Adani Group to increase capex in FY25 to Rs 1.3 lakh crore from Rs 70,000 cr

CFO News

Adani Group plans to increase FY2025 capital expenditure to Rs 1.3 lakh crore ($15.6 billion) from Rs 70,000 crore. Adani Green Energy will allocate 340 billion rupees to add 6 gigawatts of capacity. The conglomerate aims to leverage India's infrastructure growth, dismissing rumors of a stake in Paytm but open to fintech opportunities.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.