Thu.Jul 11, 2024

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Yooz: Closing the finance strategy perception gap

CFO Dive

To drive strategic transformation, CFOs need to connect with their finance teams to figure out what’s holding them back, Yooz’s John Gronen said.

Finance 280
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Will AI take all the accountancy jobs?

Future CFO

Imtiaz Ahmad FCCA speaks from his years of experience about how different technologies have changed accounting , and the benefits of artificial intelligence in his own practice. ACCA UK’s Head of Technology Alistair Brisbourne , PhD talks on ACCA’s ‘AI in the Finance Profession’ report, including surveys on the concerns of current ACCA students and members, and describes the ways in which he believes AI is going to affect the roles of accountants within organisations in years to come.

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Trending Sources

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GenAI spending frenzy shifts as revenue emerges as top ROI priority

CFO Dive

Revenue generation has overtaken productivity as C-suite leaders’ primary return-on-investment metric for generative AI spending, KPMG found.

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Kitces & Carl Ep 142: Carl’s 13 Magical Questions Of Conversational Goodness With (New) Clients

Nerd's Eye View

Meaningful communication is crucial to building strong, durable relationships, and asking effective questions is an essential part of facilitating impactful conversations. Being able to initiate and lead those conversations has become an important aspect of any financial advicer's skill set , but for many, it's one that isn't always as straightforward or easy to learn … particularly for advicers who might be happiest when nerding out with spreadsheets and flowcharts!

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Costco hikes membership fees 8% as inflation eases

CFO Dive

The long-anticipated increase marks the first time since 2017 that the global retailer has raised its membership fees.

Retail 273

More Trending

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Former tech CFO sanctioned in UK over fraud after US jail sentence

CFO Dive

The ex-finance chief of software vendor Autonomy is banned from working as an accountant in the U.K. until November 2038.

CFO 144
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Guarding Against the RockYou2024 Password Leak: A guide to check your exposure and enhance your cybersecurity

E78 Partners

The recent RockYou2024 password leak has caused much concern, affecting millions of users worldwide. A massive collection of over 10 billion plaintext passwords was leaked on the Dark Web over the 4th of July weekend, raising questions about online security. What is RockYou2024? RockYou2024 is named after RockYou, a social media company that experienced a similar breach in 2009, which exposed 32 million passwords.

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@Work Podcast:

Focus CFO

Michael Stier joins the @Work Podcast to talk all things Fractional CFOs - including why finding the fit for your company's culture is an important factor when choosing a CFO, and how we help our clients build sustainable, transferable value in their business.

CFO 52
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Banking sector witnessing a decade-high performance: RBI

CFO News

As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).

Banking 52
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Guarding Against the RockYou2024 Password Leak: A guide to check your exposure and enhance your cybersecurity

E78 Partners

The recent RockYou2024 password leak has caused much concern, affecting millions of users worldwide. A massive collection of over 10 billion plaintext passwords was leaked on the Dark Web over the 4th of July weekend, raising questions about online security. What is RockYou2024? RockYou2024 is named after RockYou, a social media company that experienced a similar breach in 2009, which exposed 32 million passwords.

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A Modern Nonprofit Podcast: Expressing Mission Through Video Storytelling

The Charity CFO

Welcome to another episode of a Modern Nonprofit Podcast! Today we will focus on the conversation with Pat Taggart, Chief Creative with Sky Blue Creative. The firm Sky Blue Creative is in the business of helping both for profit and nonprofits tell their story and share their missions through video media. The Importance of Winning Hearts (& Donations) If you’ve ever been to a non profit fundraising event, hopefully it’s been obvious to you what the organization stands for and how the

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Your CFO was wrong. Now what?

CFO Share

Perhaps your forecast was far off, the company unexpectedly ran out of cash, or your CFO embarrassed themselves in a board meeting. You feel shaken and disturbed – your CFO was trusted to handle these tasks. Now what? Do they need to be replaced, or was this a one-off mistake? A short-sighted CEO reacts quickly and fires the CFO in an emotional fit.

CFO 52
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Stories of Progress: Native American BMO banker breaks down barriers in Wisconsin

Bank of the West

At BMO, our commitment to creating a path to real financial progress is a priority. Recently, our Zero Barriers to Business initiative has been expanding further into the Indigenous community… Read more The post Stories of Progress: Native American BMO banker breaks down barriers in Wisconsin appeared first on About BMO.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Scaling Insights Across 85 Dunkin’ Franchises With Microsoft Fabric

Collectiv

For restaurant franchisees, especially those with a large network of restaurants under their umbrella, data is one of the most valuable assets for making better decisions and driving operational efficiency. But with so many teams in so many locations, the sheer scale and complexity make data challenging to centralize and leverage consistently. Bluemont Group is a Dunkin’ Donuts franchisee with 85 locations that span seven different states across the nation.

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Bombay Dyeing CFO Vinod Jain steps down

CFO News

He tendered his resignation on April 13, 2024, as stated in the BSE announcement. Prior to Bombay Dyeing Manufacturing Company, he has served as the CFO of Essar Power, and Vadinar Oil Terminal Limited.

CFO 40
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The Mentoring Round | Mark Khavkin, CFO, MinIO

CFO Thought Leader

Inside the Mentoring Round, CFO Mark Khavkin of MinIO explains how as a CFO his interactions with customers in the past allowed him to detect discrepancies between how his prior company and its customers perceived pricing and value, leading him to refine the pricing strategy based on customer insights. When it comes to building relationships with customers Khavkin suggests that CFOs begin by building trust with their CEO and executive team to facilitate customer interactions.

CFO 40
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Estée Lauder’s CFO Tracey T. Travis to retire

CFO News

Estee Lauder: The company stated in its press release that the successor for this role has been decided and will be announced in the coming weeks.

CFO 40
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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Thinking About the Sahm Rule…

Barry Ritholtz

@TBPInvictus here: The most recent Employment Situation Summary a/k/a “jobs report” a/k/a NFP showed a healthy gain in jobs, albeit with some meaningful downward revisions to prior months. It also showed an unemployment rate of a still-low 4.1%. That rate is calculated by taking the unemployment level (Numerator) and dividing it by the labor force (Denominator).

Economics 116
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Tupperware Brands CFO Mariela Matute to exit amid financial struggles

CFO News

In March, the company issued a warning regarding its uncertain future, highlighting a liquidity crunch and questioning its ability to continue as a going concern. The decline in demand for Tupperware's products has severely impacted its financial stability.

CFO 40
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BMO’s Online Banking for Business Design Concept Wins 2024 Red Dot Award

Bank of the West

At BMO we’re always looking for ways to improve the customer experience for our clients. And that work is getting recognized; we’re the first bank in Canada and the U.S.… Read more The post BMO’s Online Banking for Business Design Concept Wins 2024 Red Dot Award appeared first on About BMO.

Banking 59
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UP's sops for hybrid vehicles irk EV companies, add to industry's June sob story

CFO News

Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. After last year's euphoria, domestic sales slumped to 20% growth in the January-June period to 46,845 units. That's down from a 135% surge in the same period last year, prompting Tata Motors and others to recalibrate expectations.

Sales 40
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. 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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Centre notifies GST council decision on corporate guarantee, GSTR1 reconciliation

CFO News

The Central Government of India (CGS) has announced that goods and services tax will be applied to the 1% per annum corporate guarantee fee, effective from October 23, 2023. The move is expected to provide relief to businesses facing cash flow concerns and restrict the deemed valuation to domestic transactions. The GST Council also capped the maximum fee for filing appeals in the GST Appellate tribunal at Rs 25,000 and the minimum fee at Rs 5,000.

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FinMin notifies GSTR-1A to amend outward supply form

CFO News

The finance ministry on July 10 notified the GSTR-1A form.

Finance 40
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Digitalisation will drive the next growth wave for MSMEs: MeitY Secretary

CFO News

S Krishnan, Secretary of MeitY, says digitalisation is essential for MSMEs’ growth. Therefore, collaboration between MeitY and MSMEs is the need of the hour to spur the segment’s growth using digitalisation.

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TCS hires 5,452 employees in Q1, reverses drop in headcounts

CFO News

IT services major Tata Consultancy Services (TCS) hired 5,452 employees in the first quarter of the ongoing fiscal (FY25), reversing three-quarters of the drop in headcount.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.