October, 2023

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Innovation in finance: How CFOs can lead the charge

CFO News

One of the primary ways CFOs can lead the charge in innovation is by harnessing the power of technology. The finance industry has witnessed remarkable advancements in recent years, including blockchain, artificial intelligence, and big data analytics. These technologies can be leveraged to streamline financial processes, reduce costs, and improve decision-making.

Finance 98
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CFOs keep focus on tech, profitability: Grant Thornton

CFO Dive

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

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Trending Sources

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation.

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The I Bond’s fixed rate will rise. But by how much?

Tips Watch

By David Enna, Tipswatch.com It’s clear to me that Treasury will increase the fixed rate on the U.S. Series I Bond at the November 1 reset. This is an easy call. But how high can it go?

Treasury 117
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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Capital Structure – Beyond the Income Statement

VCFO

Beyond the Income Statement – Why Capital Structure Matters The Income Statement is often a place of disproportionate focus for business owners. Many use it to assess questions like “Am I cash positive?” or “Am I able to spend like I want and pay my bills comfortably?” as a barometer for business health. While the Income Statement does provide a view of historical (e.g., monthly, annual) performance, much more is needed for effective strategic planning – proactive planning that looks beyon

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What businesses can learn from the F-35B fighter jet failure

CFO Dive

When planning complex projects, it’s important to focus on their core purposes without adding nonessential features, project management expert Dr. Te Wu writes.

Planning 272
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Navigating around the changes in FP&A post-pandemic

Future CFO

A lot has changed when the COVID-19 pandemic hit the world--there is no question about that. Businesses and firms trod around the adjustments they need to adhere to left and right to keep their companies afloat. All functions of businesses needed to be checked and most had to be overhauled to keep up with the ever-changing dynamics happening around the globe.

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CFOs should proceed cautiously as SBA loan access eases, experts say

CFO Dive

The Small Business Administration's new loan rules are expanding credit access to more companies but experts warn that it could lead some borrowers to take on too much debt.

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Leveraging AI in your monthly close process

CFO Dive

Savvy accounting leaders who “see the writing on the wall” are focused on bringing cutting-edge technologies into their teams’ daily tasks, including the monthly close, writes Horváth’s Tony Klimas.

Leverage 300
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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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The Future of SAP Business ByDesign: 2023 and Beyond

Navigator SAP

SAP Business ByDesign has grown into a trusted, mature ERP solution for fast-growing and medium-sized business since its initial release in 2007. With its use of SAP’s new Business Technology Platform (BTP), Business ByDesign is further evolving into a core product for businesses not ready for SAP’s flagship S/4HANA ERP solution.

SAP 297
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CFOs applaud RBI's stable policy, believe rate pause to uplift India Inc's capex plan

CFO News

Last week, the Reserve Bank of India (RBI) decided to keep the repo rates unchanged at 6.5% for the fourth time in the fiscal. ETCFO spoke with finance leaders to understand the impact of pause and stable policy on India Inc's growth and expansion plan.

Planning 144
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What Else Might be Driving Sentiment?

Barry Ritholtz

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. I run through 30 charts in 30 minutes that explain where we are in the economic cycle, what markets are doing, and what it means to their portfolios. I like to finish with a thought-provoking, often “investing-adjacent” idea they might not have previously considered.

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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. After a buzzy open, when the stock jumped from its offering price of $30 a share to $42, the stock has quickly given up those gains and now trades at below to its offer price.

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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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There are four million households in North Carolina

The Reformed Broker

Conservatory at Biltmore, by Ann Vasilik via Our State There are four million households in North Carolina. Approximately half of those households (1.922 million) are comprised of a married male and female with children. Another half million are a female head of household with kids. There’s 180,000 or so male-led homes with children and then 1.4 million non-family households.

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PCAOB chief slams auditors for 40% error rate

CFO Dive

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing 343
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What is a Ready-To-Validate Cloud Platform?

Navigator SAP

Running a life sciences business comes with all the needs and challenges of a typical business, but there also often are additional regulatory considerations. One of those considerations is Food and Drug Administration (FDA) systems validation. Life sciences businesses that serve the U.S. market must prove that their systems engage in FDA-approved processes that meet FDA standards around quality, consistency, traceability and other requirements.

Auditing 254
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J&K Bank's statutory auditors removed prematurely

CFO News

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

Banking 138
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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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10 Quotes That Shaped My Investment Philosophy

Barry Ritholtz

We all love to use quotations in our arguments. It’s both an appeal to higher authority as well as social proof ( Hey! I’m not the only one who believes this stuff ). I find it useful occasionally to go back to first principles and reconsider the sources that have influenced my thinmking. Along those lines, here are in chronological order, the thinkers who have helped shape how I view the world view, including how I philosophically think about the economy, markets, and investing.

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Market Bipolarity: Exuberance versus Exhaustion!

Musings on Markets

As we enter the last quarter of 2023, it has been a roller coaster of a year. We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. In the first half of the year, we had positive surprises on both fronts, as inflation dropped after than expected and the economy stayed resilient, allowing for a comeback on stocks, which I wrote about in a post in July 2023.

Marketing 121
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I Bond’s fixed rate: An updated projection

Tips Watch

By David Enna, Tipswatch.com Back on Oct. 8 I posted an article, “The I Bond’s fixed rate will rise. But by how much?” attempting to forecast the potential new fixed rate for the U.S.

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Gensler says SEC aims to avoid overreach on climate risk rule

CFO Dive

The SEC chief has come under fire for proposing that companies release data on the greenhouse gas emissions by their suppliers and customers.

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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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Regulated Industries: Growing Food & Beverage Manufacturers Need ERP

Navigator SAP

When food and beverage firms are small, it is often possible to get away with idiosyncratic or inconsistent processes that have been home-grown. But as a food and beverage manufacturer scales up, quality control becomes more important and often required.

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Jupiter Wagons order book to exceed Rs 4,000 crore with revenue visibility for next 3.5 years: CFO

CFO News

Sanjiv Keshri says the company sees a big share of the upcoming Indian Railways tender for about 55,000 wagons; only challenge is execution.

CFO 126
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The Greatest Missed Opportunity of Our Lifetimes

Barry Ritholtz

The chart in this morning’s reads shows what it is going to cost to fund the interest payments on the federal debt. It’s gone vertical as rates have moved from effectively 0 to over 5%. When rates were zero all of corporate America refinanced, lowering the cost of their debt to historically low levels. Households did the same; today 61% of homeowners with a mortgage are paying 4% or less in interest.

Treasury 133
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A Luxury Slowdown

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings – “Average commercial and consumer loans were both down from the second quarter as higher rates and a slowing economy have weakened loan demand, and we’ve continued to take some credit tighteni.

Finance 115
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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.