Tue.Nov 07, 2023

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Top 5 Challenges and Smart Strategies for FP&A Teams

The Finance Weekly

How to Navigate FP&A Challenges for Enhanced Financial Effectiveness? Modern businesses are struggling with challenges related to their Financial Planning and Analysis (FP&A) teams. These teams need the right data, processes, and tools to plan and analyze effectively. However, the fast-changing business world makes it hard for them to keep up.

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Microsoft-backed study shows AI investments producing returns

CFO Dive

For every $1 companies invest in AI, they are realizing an average of $3.50 in return, the report says.

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Trending Sources

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Cash component in realty deals rising, reveals demonetisation anniversary eve survey

CFO News

All cheque payments are "more an exception" as citizens surveyed revealed that only select builders selling flats and villas in large developments demand all cheque payments for the transaction. " the norm in property transactions is use of cash and all cheque payments are more an exception," it said.

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SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

CFO Dive

Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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#FA Success Ep 358: Accelerating Growth By Asking For Referrals After Celebrating Shared Success With Clients, With Veronica Karas

Nerd's Eye View

Welcome back to the 358th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Veronica Karas. Veronica is a Senior Financial Advisor at CAPTRUST and works from the RIA's Lake Success, New York, office, where she oversees $360 million in assets under management for about 200 client households. What's unique about Veronica, though, is the unique 3-question approach she uses to generate referrals not only from clients, but also from centers of influence as well, and ev

More Trending

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As global companies chart course for India, FDI set to rise

CFO News

The UN agency reiterated its recent findings that India is among the top three in greenfield FDI announcements. This suggests that the country may be pulling in fresh global capacity expansion as part of supply chain diversification, a senior finance ministry official told ET. It expects these to translate into higher investment flows by 2024, the official said.

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IRS ERC freeze rattles some business filers. There’s a bright side.

CFO Dive

IRS Commissioner Danny Werfel ordered the moratorium on ERC claim processing following concerns about filers being scammed by aggressive claim promoters.

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Quality of Earnings Reports Impact Valuation

VCFO

How Quality of Earnings Reports Impact Valuation Securing a Quality of Earnings (QoE) report is often a routine step in the due diligence process for acquisitions. EBITDA is not a complete indication of financial performance for a business. A quality of earnings report assesses other factors that impact the ongoing viability of company earnings. Buyers use them to validate what they are buying and potentially to renegotiate the purchase price and terms of the deal.

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A Practical Guide To Negotiating Contracts With Vendors

CFO Share

Reducing vendor spending is one of the best ways to reduce business expenditures. But negotiating contracts with vendors is not just about haggling over prices; it’s a strategic effort to ensure your business secures the best possible terms to thrive. Whether you’re looking to onboard a new vendor, seeking ways to slash expenses, conducting your annual contract reassessment, or staring down a price hike, each scenario demands a clear strategy.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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949: Achieving a Learning Mind-Set | Davinder Athwal, CFO, Phenom

CFO Thought Leader

Phenom CFO Davinder Athwal tells us that he has a personal connection to his company’s mission. Near the beginning of our talk, he shares a touching story about his father, a highly skilled individual who struggled to find a job in the UK. This personal experience fuels his passion for Phenom’s mission: to help a billion people to discover the right work.

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A finance leader's guide for successful audit

Future CFO

In today's fast-paced world, creating an effective audit procedure is critical for companies to remain competitive and adhere to evolving regulations. To ensure a successful process and transition into compliance, Thomson Reuters specified a step-by-step guide for businesses and finance leaders: Establish an audit engagement protocol — To ensure the audit unfolds efficiently and precisely, organisations must work on a clear-cut plan with objectives, duties for every stakeholder, scope of the rev

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PM Modi promises to elevate India's economy to 'top position' in the world

CFO News

Prime Minister Narendra Modi has made a compelling promise, stating that should he be reelected in the 2024 general elections, he will work towards elevating India's economy to the foremost global position.

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Optimism in Asia: Firms expect demand surge in coming months

Future CFO

There’s a pinch of optimism in Asia despite global economic uncertainty. While there is an anticipation of global trade expanding by slightly over 2% in 2024, the pace of growth in Asia is forecasted to remain subdued and may not be as robust as it was in previous years, Atradius said. The key factor inhibiting growth can be attributed to an ongoing underperformance in exports, which is likely to continue in the short-term due to weaker demand from Asia’s main export markets, such as the United

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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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India Inc gifts staff work from home, even a week off amid shop-a-jams

CFO News

Traffic is worsening in Delhi, Mumbai and Bengaluru ahead of the Diwali festival and upcoming year-end holidays. Companies such as Mercedes-Benz, Marico, RPG, KPMG, Amway, and ABB India are offering flexible work options, with some even allowing employees to take a week off, to save them from the hassle of commuting.

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Analysts predict 'boring but dangerous' 2024 for banks

Future CFO

The year 2023 is almost coming to its conclusion and 2024 is just around the corner. As most sectors brace and prepare for the changes up ahead in the coming year, analysts at Forrester are forecasting a "boring but dangerous" 2024 for the banking industry. Principal analysts Peter Wannemacher , Jacob Morgan , and Aurelie L'Hostis said in a blog that they are not predicting the emergence of some new company or product that will "change everything" in the market, saying that 2024 could prove to b

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Dunzo’s auditor flagged issues with firm’s ‘going concern’ status

CFO News

In accounting parlance, a ‘going concern’ is an entity that has sufficient resources to continue making money and avoid the risk of bankruptcy for the foreseeable future.

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CFO Ana Chadwick’s Career Links Pitney Bowes’s 21st Century Ambitions With GE Capital’s Historic End Chapter

CFO Thought Leader

Back in 2020, the call that longtime General Electric veteran Ana Chadwick accepted from a recruiter would prove to be the one solicitation in a career’s worth of such outreaches that would ultimately result in an executive search fee. Still, while Chadwick would be a prize placement for any headhunter, it is clear that this career segue for her would represent something significantly substantive both for the company that she would be joining and the one that she would be leaving behind.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Capex hikes may go in the slow lane to trim fiscal deficit

CFO News

The government will present an interim budget for FY25 in February, leaving the full budget to the next government after elections a few months after that. The final decision will be taken closer to the interim budget, the official told ET.

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MedSpeed CFO’s M&A Roots Expose The Human Side Of Enterprise

CFO Thought Leader

For corporate finance executives, few professional experiences are as adeptly converted into social currency as those manifested inside the realm of mergers and acquisitions (M&A). It seems that regardless of whether a finance executive has been involved in one deal or 40, they are usually able to quickly share a takeaway or two. For finance leader Natalie Laackman, the latter would be the case—or, rather, the latter times two, as she estimates that she has been involved in 75 to 100 such tr

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Onions could drive inflation near 6% in last two months of 2024: Economists

CFO News

Onions: The pick-up in onion prices is due to uneven monsoon distribution, which has impacted arrivals in September and October, they said.

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The Mentoring Round | Svai Sanford, CFO, Rani Therapeutics

CFO Thought Leader

Near the beginning of our talk with CFO Svai Sanford, he tells us he once received a job offer, to which he had replied, “Are you sure? I do not have any experience in this sector.” His future boss then replied: “You will figure it out.” At first, we were left wondering whether there had been something more that the future boss had known about Sanford—perhaps a piece of contributing evidence that had made him feel confident that Sanford could acclimate and succeed.

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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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High street rentals breach pre-pandemic levels

CFO News

Indian high street rentals, including Khan Market, have exceeded pre-pandemic levels as retailers prefer markets over malls for flagship stores. Major cities like Delhi, Mumbai, Pune, Ahmedabad, and Bengaluru have witnessed rental appreciation on their prominent main streets.

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Palo Alto agrees to buy Talon Cyber Security in M&A ramp-up

CFO Dive

The agreement is Palo Alto Networks’ second acquisition of an Israeli tech startup since the start of the Israel-Hamas war last month.

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Elon Musk's Starlink set to get licence for Satcom ops

CFO News

Elon Musk's Starlink is set to receive the licence for SATCOM operations as the government body is satisfied with the company's responses on data storage and transfer norms. The licence will enable Starlink to offer satellite broadband, voice and messaging services to organisations as well as individuals.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday North Carolina morning reads: • The US Housing Market Has Become an Impossible : Mess Americans with cheap loans don’t want to sell. Those without homes can’t afford to buy. Will anything budge? ( Businessweek ) see also Tips for House Hunters Frustrated With Frozen Real Estate Market : Experts say unconventional routes to homeownership exist for those that have the right setup and an openness to creativity. ( Bloomberg ) • Inside Peter Thiel’s powerful Silicon Valley network

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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.