February, 2024

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AI dominates CFOs’ 2024 budget hike plans

CFO Dive

The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

Budgeting 312
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PodChats for FutureCFO: The evolving partner role of finance in 2024

Future CFO

In recent years, the role of chief financial officer (CFO) has never been more challenging as it is fulfilling for those who hold this position. From geopolitical uncertainties to changing market dynamics, from technological innovations that are paving the way for new business models, and from calamitous weather disturbances that are reminding business leaders about the importance of addressing climate change today for a sustainable future tomorrow, the CFO has an important seat in directing the

Finance 98
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Trending Sources

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Project Titan(ic)

Corporate Finance

In 2014, Apple was rumored to have approved Project Titan, Apple's development of an electric car. In 2015, Apple formally introduced the new project. At its height in 2018, Project Titan employed 5,000 people. Now, nearly a decade later after it started, Apple announced that it is shutting down Project Titan, the option to abandon. With shrinking demand for electric cars, Apple must have believed that spending more money on the new car isn't worth the payoff, even though Apple has probably alre

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Paytm crisis: The silence of the board

CFO News

RBI has defended its action against Paytm Payments Banks and the countdown has begun. But why did Paytm payments Bank board members keep quiet? What if RBI would have invited a board and chosen a different path? Here is my note.

Banking 105
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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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PwC veteran talks cracking the IT, finance silos

CFO Dive

Finance chiefs need to be sure they are opening communication channels between other executive leaders to tell ‘the right digital transformation story.

Finance 288

More Trending

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All-Time Highs Are Historically Bullish

Barry Ritholtz

A quick note to answer this question: What happens after markets make a new all-time high (after a year w/o one)? Check out the table above, via Warren Pies. He spoke with Batnick and Josh earlier this month. Going back to 1954, markets are always higher one year later – the only exception was 2007. That was after housing had peaked, subprime mortgages were defaulting, and the great financial crisis was about to start.

Economics 139
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How to put finance business partnering puzzle together?

Fpanda Club

Finance business partnering is not a new concept and has been around for a while. Well, not just for a while, for more than 60 years. “ The success …depends on the extent to which finance men are capable of looking outside finance and playing an active, rather than a passive, role in the business. ” — S. R. Harding, F.C.A., (Royal Dutch/Shell Group), 1963.

Finance 130
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NYCB Dividend Cut

Corporate Finance

Normal 0 false false false EN-US X-NONE X-NONE Banks stocks are generally affected by interest rates and New York Community Bancorp (NYCB) is no different. NYCB has a large amount of loans tied to New York City apartments and commercial real estate. With high interest rates, New York City rent control policies, and changing demand for commercial real estate in New York City, investors are concerned about the bank's future performance.

Banking 130
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NCLT clears IndusInd International's Rs 9,650 crore bid for RCap; lenders to take 63 pc haircut

CFO News

IndusInd International Holdings had submitted its plan in June 2023 in the second round of bidding for the debt-laden company that was originally promoted by Anil Ambani.

Planning 143
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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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CEO optimism hits two-year high as inflation cools: Conference Board

CFO Dive

More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.

Economics 311
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6 Ways ERP Production Planning Helps Manufacturers

Navigator SAP

Few areas impact a manufacturer more than efficient production planning, and few tools are better for production planning than an enterprise resource planning solution (ERP). Manufacturers that use an ERP for industrial manufacturing can precisely analyze and juggle the variables that go into efficient production planning, and ERP for industrial product manufacturing is a cornerstone technology for a lean manufacturing methodology.

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At the Money: Is War Good for Markets?

Barry Ritholtz

 At the Money: Is War Good for Markets? (February 14, 2024) What does history tell us about how war impacts the stock market? What is the correlation between geopolitical conflict and inflation? Can these patterns inform us of future bull market behavior? In this episode, I speak with Jeffrey Hirsch about what happens to equities after global conflicts.

Marketing 126
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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. While I will use the "Magnificent Seven" moniker attached by these companies by investors and the media, my preference would have been to call them the Seven Samurai.

Marketing 118
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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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978: From Silicon Roots to Global Routes | Jeff Woolard, CFO, Velocity Global

CFO Thought Leader

Looking back at his 26 years at Intel Corp., Jeff Woolard has more than a few moments of important discernment from which to choose when we ask for a single finance strategic moment. Nevertheless, without hesitation, he takes us back in time to when the giant chipmaker was experiencing a recurring mismatch between the products that it was developing and the market’s purchasing trends—specifically in the PC sector. “If you were to map both what people wanted to buy and what we were bu

CFO 105
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RBI holds repo rate steady at 6.5%, forecasts 7% GDP growth and 4.5% Inflation for FY25

CFO News

The RBI maintains another pause and keeps the rates unchanged at 6.5 per cent in the monetary policy which began on February 6 and concluded on February 8.

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Inflation edges up, pushing back forecast of first Fed rate cut

CFO Dive

Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.

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Batch Manufacturing Records: What You Need to Know

Navigator SAP

Lean manufacturing requires strong process control and organization. Whether making industrial product solutions or consumer goods, manufacturers benefit from master records that track batch production and the key elements required for the process. One manufacturing resource planning method that is critical for this organization is the batch manufacturing record.

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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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U.S. Technology Adoption, 1900-2021

Barry Ritholtz

A century of tech adoption in 30 seconds click for animation Source: Blackrock The post U.S. Technology Adoption, 1900-2021 appeared first on The Big Picture.

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Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

The year 2024 brings a landscape of unprecedented challenges and opportunities for corporate treasurers. From the ongoing global conflicts to the lingering effects of high inflation, corporate finance professionals are gearing up to navigate an environment marked by volatility and uncertainty. Delving into the key trends shaping the treasury landscape in 2024, the focus is on themes such as staffing challenges, macroeconomic risks, technology adoption, and strategic financial management.

Treasury 105
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CFO Share - Untitled Article

CFO Share

Why Businesses Fail Financially “Running out of cash” is the most common cause for business failure. But cash shortfalls are actually a symptom of deeper, systemic problems rather than just a standalone issue. Throughout our years of providing CFO services we’ve seen three gross management errors cause the majority of business failures. Here are the causes, symptoms, and remedies to help you avoid the embarrassment of a failing business. 1.

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RBI extends Interest Equalisation Scheme for Export Credit Until June 30

CFO News

The decision to extend the scheme comes after the Union Cabinet approved an additional allocation of Rs 2,500 crore in December, ensuring the continuation of the interest equalisation subsidy scheme on pre- and post-shipment rupee export credit until the end of June.

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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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Investors rank securing talent as top corporate priority in 2024: EY

CFO Dive

Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.

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The Benefits of Cloud ERP for Growth-Focused Companies

Navigator SAP

Some startups grow over time. Others move fast and chase the unicorn status of a $1 billion valuation like sustainable shoe manufacturer, Rothy’s. For slow-growth businesses, there are many options for backend IT systems. But for fast-growing companies that are growth-focused, there really is only one path: cloud-based ERP. Enterprise resource planning solutions (ERP) are the backbone of most businesses today, and for obvious reasons.

Valuation 221
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CPI Shelter Measures: 6-12 Month Lag

Barry Ritholtz

Last month, I mentioned that CPI inflation measures were based on lagging BLS measures of Owners’ Equivalent Rent (OER). BLS highlighted housing prices, headlining the CPI report as “CPI for all items rose 0.3% in January; shelter up ” As the chart above shows, Shelter was 2/3rds of the increase in the most recent. ( Chart thanks to Michael McDonough ).

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Using Reflection Questions To Help Prospects Find Clarity And Focus On A Shared Planning Vision

Nerd's Eye View

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan. Rather, prospects often reach out to set an initial appointment only when they realize they have a specific pain point that they need an advicer's help with.

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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.