Barry Ritholtz

SEPTEMBER 18, 2024

At the Money: Can You Have Too Much Money? Brian Portnoy, Shaping Wealth (September 18, 2024) Can money buy you happiness? How much money is too much? Does wealth offer diminishing returns? In this edition of At the Money, I sit down with Brian Portnoy to explore these questions. Full transcript below. ~~~ About this week’s guest: Brian Portnoy is founder and CEO of Shaping Wealth , which helps advisors and their clients to achieve “funded contentment,” and operates as an outsourced Chief Beha

Education 109

Education Investments Numbers Planning 109

CFO Dive

SEPTEMBER 18, 2024

Heightened pressure to deliver strategy could push CFOs to adopt GenAI faster than previous technologies, Billtrust CEO Sunil Rajasekar said.

Economics 292

Economics Technology 292

Nerd's Eye View

SEPTEMBER 18, 2024

In the nearly 2 years since the launch of ChatGPT, there has been an explosion of new technology solutions incorporating Artificial Intelligence (AI). Today, AI is now almost ubiquitous across many of the tools that we use, from smartphone cameras to search engines to office productivity software. For financial advisors, too, a ballooning number of new advisor-focused AI tools has appeared over the last 24 months, purporting to save advisors' time and staffing needs by automatically performing p

Technology 94

Technology Planning Numbers Marketing 94

CFO Dive

SEPTEMBER 18, 2024

The transition comes on the heels of recent financial challenges at the Norwalk, Connecticut-based tech company.

CFO 265

CFO 265

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

Investments

CFO Share

SEPTEMBER 18, 2024

The federal reserve will lower interest rates , ending a three-year strategy to stamp out inflation. During that time, I’ve seen startups turn to zombies as they failed to raise VC funding, growth stumble as digital marketing turned upside-down, and small businesses struggle to pass price increases onto customers. I’ve also seen dozens of our clients seize the opportunity a high-interest environment creates to differentiate their products, focus on their core, and deepen their competitive

Mergers and Acquisitions (M&A) 81

Mergers and Acquisitions (M&A) Startups Investments Sales 81

CFO News

SEPTEMBER 18, 2024

BVR Subrahmanyam, CEO of NITI Aayog, envisions a transformative economic future for India, projecting a doubling of the economy by 2030 and highlighting its potential as a global powerhouse.

Economics 80

Economics 80

Future CFO

SEPTEMBER 18, 2024

Ninety percent of finance functions will be deploying at least one AI-enabled technology solution by 2026, but less than 10% of functions will see headcount reductions, according to Gartner, Inc. The technological research and consulting firm says chief financial officers are already making changes to fully harness AI in finance, a sense of uncertainty, inflated expectations and employee disengagement often quells success rates in AI’s usage.

Technology 52

Technology Finance Problem Solving Invoicing 52

CFO News

SEPTEMBER 18, 2024

Nippon Life Asset Management Company also redesignated Amol Bilagi as the Deputy Chief Financial Officer who was appointed as the Interim CFO in January.

CFO 75

CFO 75

CFO Talks

SEPTEMBER 18, 2024

Cost-Effective Strategies for Maximizing Capital Employed As a CFO, one of the critical tasks is to ensure that capital employed in your business is used efficiently to generate the highest possible returns. Maximizing capital employed doesn’t always require hefty investments; instead, you can use cost-effective strategies to ensure that every rand works hard for the company.

Auditing 52

Auditing Leverage Benchmarking CFO 52

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.

Accounting

CFO Thought Leader

SEPTEMBER 18, 2024

In 2018, Daniel Welch made a life-altering decision when—after having spent a decade in investment banking working on high-profile IPOs and M&A deals at Morgan Stanley—he found himself at a crossroads. The birth of his daughter and a health scare involving his father led him to question the career path that he was on. “I was mentally stimulated by the work, but it didn’t align with my personal values,” he now reflects.

CFO 52

CFO Leadership Corporate Finance Healthcare 52

CFO News

SEPTEMBER 18, 2024

The Federal Reserve has announced a half-point rate cut before the end of this year and an additional percentage point cut in 2025. This decision will lower borrowing costs for consumers and businesses. The Fed is confident that inflation is moving towards its 2 percent target, with balanced risks to employment and inflation goals.

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CFO Thought Leader

SEPTEMBER 18, 2024

The post The Mentoring Round | Daniel Welch, CFO, Kate Farms appeared first on CFO THOUGHT LEADER.

CFO 40

CFO 40

CFO News

SEPTEMBER 18, 2024

CFOs are increasingly being seen as strategic partners, with their roles expanding into company strategy, governance, and digital transformation. This shift is positioning them for potential CEO roles, especially in sectors like private equity and startups. Their expertise in cost structure, fundraising, and digital initiatives is becoming crucial.

Startups 40

Startups 40

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.

Accounting

Global Finance

SEPTEMBER 18, 2024

The valuation of the largest companies in the world fluctuates day to day, even minute by minute, but true success is a marathon, not a sprint. You heard the news: propelled by the AI frenzy, the chipmaker Nvidia passed the $3 trillion market cap and became the most valuable company in the world by market capitalization—for a few days last June, that is.

Healthcare 98

Healthcare Valuation Technology Marketing 98

CFO News

SEPTEMBER 18, 2024

The Jubilant Bhartia Group promoters are leading the race to acquire a significant minority stake in Coca-Cola's India bottling arm, Hindustan Coca-Cola Beverages (HCCB). They have signed an exclusivity agreement with Coca-Cola to negotiate the purchase for Rs 10,800-12,000 crore. This move is part of Coca-Cola's strategy to adopt an asset-light model and precedes a planned listing of HCCB.

Planning 40

Planning 40

CFO News

SEPTEMBER 18, 2024

The Federal Reserve's recent half-point interest rate cut has influenced global central banks, including those in Europe and emerging markets. This move aims to ease pressure on exchange rates and provide space for recalibrating their own rate settings. The European Central Bank may consider further cuts, while emerging markets adjust their policies accordingly.

Banking 40

Banking Marketing 40

CFO News

SEPTEMBER 18, 2024

Tata Sons chairman N Chandrasekaran anticipates Tata Electronics, Air India, and Tata Digital to become top businesses within three years. The group's revenue grew by 13% in FY24, with profits surging over 50%. Investments are projected to exceed $120 billion in five years, focusing on electronics, digital services, and battery manufacturing.

Manufacturing 40

Manufacturing Investments 40

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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.

Reconciliations

CFO News

SEPTEMBER 18, 2024

Festive season sales, in terms of gross merchandise value (GMV), will likely reach $12 billion this year, rising 23% from the previous year’s $9.7 billion, according to data from market research company Datum Intelligence. Quick commerce may account for $1 billion of these ecommerce sales.

Sales 40

Sales eCommerce Accounting Marketing 40

CFO News

SEPTEMBER 18, 2024

App-based ride-hailing firms have put innovation and fresh investments on the backburner due to uncertainty around the Goods and Services Tax (GST) rates applicable under different business models on taxi and auto-rickshaw rides. Aggregators have cited conflicting rulings by the Authority on Advance Ruling (AAR) for hitting the brakes on their future plans.

Investments 40

Investments Planning 40

CFO News

SEPTEMBER 18, 2024

“Some of the largest banks in the country could be processing around Rs 300-400 crore worth of fraudulent transactions through mule accounts on a monthly basis; for mid-tier banks, the amount could be around Rs 50-100 crore," a senior banker with a private sector bank said on the condition of anonymity.

Banking 40

Banking Accounting 40

CFO News

SEPTEMBER 18, 2024

Star India, owned by Walt Disney, has sought $940 million in damages from Zee Entertainment for not honoring a $1.5 billion ICC TV rights deal. Zee refuted the claims and stated that arbitration is still in its initial stages. The matter will likely continue post Star's merger with Viacom18.

Entertainment 40

Entertainment 40

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

Sales