This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“Growth” means different things to different CFOs and different companies, but the one constant is about finding a way to not only protect the business and protect the finances but to also figure out what it looks like to help the business expand.
The Consumer Confidence Index from The Conference Board fell for the second consecutive month in November. The composite index decreased by 2.0 points, or 2.0 percent, to 100.2 (see first chart). The index is down 10.5 percent from November 2021 and 22.3 percent from the recent peak of 128.9 in June 2021. Both major components of the consumer confidence index declined in November.
The current economic climate poses many challenges for midsize companies. Struggles they deal with include increased competition, market volatility, rapid technological shifts, and skyrocketing costs. They need to be agile to remain relevant and stay ahead.
. There is a new 60/40 in town, and it is the contribution to inflation from consumer demand for goods and the pandemic-broken supply chain. That is according to a study by Julian di Giovanni, who publishes at the NY Fed’s blog Liberty Street Economics. Over the summer, he posed a fascinating question: How Much Did Supply Constraints Boost U.S. Inflation?
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.
Let’s assume we’re going to have a recession in 2023. I don’t know if we will, but everyone seems to think so, so let’s just say. So what. What can you do to stop it? Not much. Can you change your own spending and psych yourself up to survive it? Absolutely. Are there changes you could make to a portfolio in order to gird yourself for a worsening economy?
Executive Summary. Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.
Executive Summary. Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.
While their numbers are rising, female CFOs are still relatively rare. Women hold only about 16% of the top finance seats at Fortune 500 and S&P 500 companies.
You may have missed this wonderful Josh Zumbrun column in the Wall Street Journal last week: “ Inflation and Unemployment Both Make You Miserable, but Maybe Not Equally.”. It’s one of those things that are so obvious no one ever stops to think about it – and so we have overlooked this for decades. 1. Stop for a moment and consider the original Misery Index formula as invented by the economist Arthur Okun : add the 3.7% unemployment rate ( BLS NFP ) to the 7.7% inflation rate as measured by the c
It isn’t a stretch to say that most businesses are in the cloud right now. But the way that most businesses use the cloud today is just the first step. The next step, and the real reason to move entirely to the cloud, is what will be taking place within the next few years. The first step, well documented and given the buzzword “ digital transformation ,” was moving business systems to the cloud.
As investors have learned, like any other investment, cryptocurrency is subject to volatility. The recent bankruptcy filing of crypto exchange FTX shows, this volatility can be extreme. For example, the Ontario Teachers' Pension plan wrote down $95 million due to the collapse. As you probably know, bankruptcy occurs when liabilities are greater than assets.
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.
A lot of reporters and public intellectuals were writing their obituaries for Twitter this weekend. First, we saw the revolt of the Blue Checkmarks. Then, the first inklings of an advertiser exodus. The timing of all this – on the eve of a midterm election that will determine whether or not Americans actually care about democracy – could not have been more ominous.
Executive Summary. Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden. And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of ac
Since it is late on a Friday, I thought I might share some quick thoughts about the week. I have been wondering, more than usual, about the disconnect between what we see in falling prices and the Federal Reserve’s anti-inflation actions. It is difficult to reconcile Fed rhetoric with the actual price of Goods. One can reach only so many conclusions: Perhaps the Fed is right and everybody else is wrong.
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.
All large businesses use enterprise resource planning software (ERP), as do many smaller ones. But unlike basic small business software, ERP is complex and often confusing for businesses that are approaching it for the first time. With that in mind, here are the basics of ERP answered in five questions. 1. What is ERP? ERP helps manage, integrate, and organize all data and business processes, from ordering, production, finance, procurement, human resources, and distribution to the supply chain,
FP&A teams do not have a crystal ball… Yet, they have to answer management’s questions about the future every day. What sales will the company generate next year? What revenue will the launch of a new product bring us? How will the competitor’s move impact our market share? These are only few examples of the uncertainty we face. Being asked for advice about uncertain future outcomes is indeed flattering, but at the same time it adds much pressure and responsibility.
Glamour is a supernatural form of mental compulsion or influence that is specific to vampires. Glamouring is similar to hypnosis, and while all vampires have this power, it needs to be taught as it does not appear to come naturally… The process of glamouring begins with eye contact between a vampire and a respondent. Once eye contact is made, the respondent is held in a trance, making them susceptible to the pow.
The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October, down from 10.687 million in September. The number of open positions in the private sector decreased to 9.412 million in October, down from 9.627 million in September. October was the fifth decline in the last seven months since hitting a record high in March (see first chart).
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.
My views on inflation continue to evolve: I was correct in identifying inflation during the mid-2000s; during the post-crash 2010s I remained appropriately skeptical about rising prices. The price dynamic during and after the pandemic appeared to be troublesome but my expectations were that inflation would be resolved relatively quickly as supply chains reopened and life returned to normal. “ Transitory ” turned out to be too optimistic, and I was wrong in my expectations for a faster decline in
Russell DeLapp, Executive Vice President of Services & Support at Navigator Business Solutions, was featured on Nestell & Associates , The ERP Organization Change Journal Podcast by Dr. Jack G. Nestell.
The New York Mets famously deferred $5.9 million in salary payable to Bobby Bonilla in 2000, instead paying the former $1.2 million per year from 2011 through 2035. Now, the Amazing Mets are at it again. The team just signed a deal with relief pitcher Edwin Diaz that was announced as a five-year, $102 million contract. Under the terms of the contract, the team will defer $5.5 million per year in 2023, 2024, and 2025, then $5 million per year in 2026 and 2027.
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
A customer carries a dog near a Petco Animal Supplies shopping bag outside a store in New York. Angus Mordant | Bloomberg | Getty Images. Check out the companies making headlines in midday trading. CrowdStrike — Shares dropped 19% after the cybersecurity provider said new revenue growth is weaker than expected. Otherwise, CrowdStrike beat estimates on the top and bottom lines in its most recent quarterly results.
I wonder how far my view of the universe is from (objective) reality. My pal Dave Nadig suggests that we are all much further away from any sort of recognition of the true universe than we suspect. We chatted about this last week, and the more I thought about it, the further away from reality it turns out that we actually are. Best I can figure, we may all be at least six degrees 1 away from truly comprehending, well, anything: 1.
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.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content