August, 2023

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It’s time for ordinary CFO Barbie

CFO Dive

Even under its cheery pink and blue skies, the “Barbie” movie doesn’t let Mattel’s male-dominated C-suite hide behind the corporate curtain.

CFO 293
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Reframing financial uncertainty with data and AI

Future CFO

Businesses face a tremendous number of uncertainties. And this list is only getting longer daily, with many uncertainties remaining persistent. The pressure is on financial leaders to grasp the ongoing uncertainties and pave the way for their businesses to move forward. It is a tall ask, considering that today’s macroeconomic risks can come from unexpected directions.

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Trending Sources

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How CFOs can digitize finance function

CFO News

Finance as a function needs to ensure that the data is reliable and that the people concerned have confidence in it. If data quality is a challenge, then managing and evaluating business strategy and investments will also be a challenge.

Finance 98
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How do Financial Controllers Add Value?

CFO Selections

Last year had been dubbed The Year of the Controller by financial recruiters because demand for the position dramatically increased amid uncertain economic times and increased accounting needs at many organizations. This year has seen continued interest in the role and there is no indication that the buzz around the Controller role is slowing down, which means that going into 2024 many companies are still inquiring about how a Controller differs from a CFO (Chief Financial Officer) and how a Con

CFO 98
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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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Unlock the full potential of digital transformation in Finance and Accounting for CFOs

CFO Dive

Ever-evolving technology that can improve efficiencies while reducing risks and optimizing costs should be explored and exploited for their potential benefits to the organization.

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Personal Consumption Expenditures Price Index: +0.2%

Barry Ritholtz

The Fed’s favored inflation report was a 2.1% annualized (3 months through July) and 3.3% year-over-year. Here is BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). Disposable personal income (DPI), personal income less personal current taxes, increased $7.3 billion (less than 0.1 percent) and personal consumption expenditures (PCE) increased $144.6 billio

Economics 105
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Banco Inbursa Agrees To Cetelem México Purchase

Global Finance

Global Finance Magazine - The purchase is in line with Banco Inbursa’s 2015 acquisition of the financial business of Banco Walmart de México.

Finance 98
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At 7.8 per cent, India’s GDP growth in Q1 FY24 accelerates to four-quarter high

CFO News

The Reserve Bank of India (RBI) had predicted a growth rate of 8 per cent for the June quarter. While India’s GDP grew 6.1 per cent in the March quarter of FY23, it had grown at 7.2 per cent in FY23 as a whole.

Banking 111
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TD Ameritrade To Schwab Conversion Tips For Financial Advisors

Nerd's Eye View

The announcement of the merger between Charles Schwab and TD Ameritrade in November 2019 kicked off a marathon of preparation for advisory firms to transition their clients on the TD Ameritrade custodial platform to Schwab. And with the final conversion of clients scheduled to take place over the upcoming Labor Day weekend of 2023, the marathon is approaching its final sprint toward the finish line.

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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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Flawed accounting surges 150%: Glass Lewis

CFO Dive

Company reports during the 2023 proxy season reveal that many newer businesses have had to correct financial statements and upgrade internal controls.

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How Organizations Can Best Prepare for an ERP Implementation

Navigator SAP

Enterprise resource planning solutions (ERP) dramatically improve an organization’s operational efficiency, standardization and best practices by serving as the nerve-center for an organization. But rolling out a new ERP can be tricky, because these systems touch all parts of a business and therefore implementation is a complex project.

Planning 221
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10 Thursday AM Reads

Barry Ritholtz

My end of August, morning train WFH reads: • Money Is Pouring Into AI. Skeptics Say It’s a ‘Grift Shift.’ The move from crypto to artificial intelligence has fueled the markets this year, but some are questioning how much of it is real. ( Institutional Investor ) • What to Do With a 45-Story Skyscraper and No Tenants : HSBC’s plan to leave its Canary Wharf tower for a smaller site shows the global challenges ahead in repurposing unwanted office space for a post-pandemic world. ( Citylab ) see al

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BDO USA Adopts Employee Stock Ownership Model

Global Finance

Global Finance Magazine - To attract and retain prospects, accounting firms are trying to entice prospective employees with additional benefits.

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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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Adani Group rejects OCCRP report, says 'categorically recycled allegations' after Hindeburg

CFO News

While short-seller Hindenburg's report, which also had similar allegations, came just ahead of Adani Enterprises' FPO, the OCCRP report comes ahead of the Supreme Court hearing on the allegations made in the Hindenburg report.

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Beyond Budget Season: Continuous Financial Planning for Success  

Centage

Budget season is one of the most important times for financial teams, as it sets the tone for how well the company will grow. However, teams shouldn’t only focus on business budgeting for a month or a year. They should forecast and plan for them all year long. By adopting continuous financial planning, financial pros can do better at keeping costs in line, managing investments, taking advantage of opportunities, and reducing the risk of threats.

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HP blames ‘external environment’ as revenues shrink

CFO Dive

Cautious enterprise customer spending and delayed purchase decisions contributed to a mixed fiscal third quarter, CFO Marie Myers said.

CFO 284
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Modern ERP Helps Food and Beverage Firms Stay Ahead

Navigator SAP

Not all backend systems are created equal. For food and beverage manufacturers, sustained profitability often comes down to supply chain and operational visibility combined with greater process efficiency. These dynamics are supported or hindered by the enterprise resource planning solution that a food and beverage manufacturer have in place.

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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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Forget the iPhone: BlackBerry is still the one to beat

Barry Ritholtz

How little do we know about the future? A great way to figure that out is to look to our past, to see what we previously thought about what the future will hold. To wit: 26 years ago, the image above came from the cover story of Fortune magazine: “There’s a lot of buzz in the smartphone business lately, with Apple’s (AAPL) iPhone turning the mobile world upside down and Nokia’s (NOK) upcoming phone announcement providing a new challenge.

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Indian Summer: Q&A With CEO And Founding Partner Of Emphasis Ventures Melissa Frakman

Global Finance

Melissa Frakman, CEO and founding partner of Emphasis Ventures, a global early-stage venture capital firm that focuses on India, speaks with Global Finance about digital infrastructure and fintech trends in what some economists believe will soon be the world’s third largest economy.

Finance 98
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Mahindra Logistics appoints Saurabh Taneja as CFO

CFO News

Cfo Movement: Previously, Taneja was managing the role of CFO – Designate with TATA Boeing Aerospace Limited.

CFO 105
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Kitces & Carl Ep 119: Navigating Succession Plans When Founders Are Having Second Thoughts On Retirement

Nerd's Eye View

For many next-gen financial advisors who start with or move their careers to an established firm, eventually earning an equity stake in that firm can be an exciting prospect and is often a major career goal that many advisors aspire to achieve. However, when these aspirations are delayed or blocked by senior advisory firm partners who choose to delay their retirement plans, it can leave younger advisors frustrated and in a place of uncertainty about their futures with their firm.

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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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Inflation edges up as consumers boost spending

CFO Dive

Consumers in July increased spending on a broad range of goods and services as the highest federal funds rate in 22 years showed few signs of slowing economic growth.

Economics 283
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Benefits of ERP in Manufacturing: Unlocking Hidden Potential Where You Least Expect It

Navigator SAP

As a manufacturer, it’s important that you continuously discover new and more effective ways of running your business so that you can remain competitive. For instance, implementing an enterprise resource planning (ERP) system is one of the best ways to become more efficient.

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Investing is the Study of Human Decision Making

Barry Ritholtz

Most people believe that investing is the science of generating a return on capital. That is an accurate but incomplete assessment. I believe it is more useful and comprehensive to define investing as the decision-making behavior of human beings as they interact with money: What their financial desires are, the risks they embrace, how they think about wealth, and what emotional pain they willingly suffer in order to generate that return on capital.

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Paypal Mints Stablecoin

Global Finance

Unlike are forms of cryptocurrency, stablecoins are typically backed by an asset or a basket of assets like gold or a traditional fiat currencies like the U.S. dollar or Euro.

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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.