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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In a surprising turn, inflation turned to deflation in June

Tips Watch

For the markets and the Fed, June’s inflation report was positive news. By David Enna, Tipswatch.com As soon as I arrived in Geneva, Switzerland, this afternoon, I began looking for news on the June inflation report.

Marketing 104
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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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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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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

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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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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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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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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.

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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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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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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.

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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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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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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.

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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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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 117
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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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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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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

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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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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.