Sat.Dec 09, 2023 - Fri.Dec 15, 2023

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The top risks for 2024

Future CFO

When it comes the top risks for 2024, economic conditions and inflationary pressure emerge as the top near-term concerns for the year, said Protiviti recently when releasing results of a survey conducted together with the NC State University Poole College of Management's Enterprise Risk Management (ERM) Initiative. The survey collected responses from more than 1,100 board members and C-suite executives from organisations worldwide in a variety of industries, the firm noted.

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How AI is raising the bar for CFO budget planning

CFO Dive

AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.

Budgeting 312
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Trending Sources

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What to do When You Don't Know What to do – A CFO's perspective

CFO Selections

There's an interesting quote I hear quite regularly regarding how to act in times of strife or turmoil. The only way out is through." – Robert Frost If you think about it, it's a simple allegory for a moment when you may face a challenge, whether work, personal, or otherwise. Given that this is a business-related article, I'll limit my thoughts to the work environment, specifically examples facing business financial executives.

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How forecast error analysis improves your FP&A process

Centage

Forecasting errors are an inevitable part of the budgeting process. Understanding and addressing these errors is crucial for effective budget management. Quickly identifying forecast errors in your budget is not a sign of failure, but an opportunity for improvement. There’s no such thing as a flawless budget. The goal is not perfection, but a continuous improvement that aligns your financial planning with the always-changing realities of your business environment.

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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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Retail CFOs: Will you revise your cybersecurity budget?

Future CFO

When it comes to cybersecurity budget, retail CFOs in Asia Pacific might have to reconsider the amount of resources allocated to this area. According to a recent study by Kaspersky , the retail industry experienced the greatest number of successful cyberattacks in the past 24 months in Asia Pacific. The latest survey—with responses from 234 participants—also revealed 19% of companies in the region have experienced cyber incidents due to insufficient cybersecurity budget in the last two years, th

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#FA Success Ep 363: Finding The Best Networking Approach For Prospects (And New Career Opportunities), With Christa Madison

Nerd's Eye View

Welcome back to the 363rd episode of the Financial Advisor Success Podcast! My guest on today's podcast is Christa Madison. Christa is the Managing Director of Financial Planning and Business Development at Sebold Capital, a fee-only RIA based in Chicago, Illinois, which manages $300M across more than 100 client households. What's unique about Christa, though, is how she used her business development and networking skills to overcome the challenges that sprung up when, through a combination of p

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How a Data-Driven Approach Can Help You Make the Most of the 2024 Recession

Focus CFO

ITR Economics is forecasting a mild recession for 2024. While many businesses may have started to feel the pressure from the economy slowing down , that does not necessarily mean they are currently in a recession phase. With the wrong information, executives could make wrong business decisions today that could hurt their company more once they officially enter a recession.

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Cybersecurity pressures stretch CFOs

CFO Dive

CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.

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Plan capex now, no rate cut expected soon: BoB Chief Economist urges CFOs

CFO News

Bank of Baroda's Chief Economist, Madan Sabnavis, advises CFOs on strategic capital expenditures amid optimal capacity levels and foresees no rate cut until August 2024, citing inflation projections and economic nuances.

Planning 105
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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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Why Life Sciences Businesses Need ERP

Navigator SAP

For most life sciences startups , the product is the business. This makes sense because many life sciences businesses come out of fundamental innovation in the lab, and thoughts of how best to bring the product to market only come later.

Startups 278
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Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

No, “ nearly half ” of $94.5 billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. Here’s Reuters : “The main lobbying group for U.S. retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.

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Small businesses limp toward 2024 with gloomier outlook, surveys show

CFO Dive

Confidence among CEOs and economists in the prospects for the economy is not shared by small businesses.

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The Difference Makers: Key Person(s) Valuation

Musings on Markets

Can one person make a difference to the value of a business? Of course, and with small businesses, especially those built around personal services (a doctor or plumber’s practice), it is part of the valuation process, where the key person is valued or at least priced and incorporated into valuation. While that effect tends to fade as businesses get larger, the tumult at Open AI, where the board dismissed Sam Altman as CEO, and then faced with an enterprise-wide meltdown, as capital providers and

Valuation 118
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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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Understanding SAP ERP Production Planning

Navigator SAP

SAP’s enterprise resource planning solutions (ERP) are made up of modules that deliver specific functionality and combine to provide an end-to-end backend solution for businesses of all types. One of the core modules that significantly benefits manufacturers is the Production Planning module.

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Lessons of “Number Go Up”

Barry Ritholtz

Tyler Cowen and his colleague Alex Tabarrok write some interesting posts over at Marginal Revolution. Sometimes I agree with them, sometimes I disagree with them. Recently, a post utterly perplexed me: “One doesn’t get a favorable impression of crypto from Number Go Up but in fact one doesn’t learn much about crypto at all. Indeed, Faux’s book isn’t really about crypto it’s about the rise and collapse of a bubble and the consequent madness of crowds.

Numbers 126
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4 accounting takeaways from this week’s FASB congressional hearing

CFO Dive

Lawmakers pressed FASB and PCAOB leaders to explain how they’re approaching regulations in the wake of the recent bank and crypto crises.

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RBI MPC: India Inc CFOs exude confidence in stability, foresee robust demand ahead

CFO News

In its fifth bi-monthly monetary policy, the Reserve Bank of India (RBI) decided to keep the repo rates unchanged at 6.5 percent. ETCFO spoke with finance leaders to understand the impact of the pause and stable policy on India Inc's planning and demand.

Finance 116
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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.

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What is Manufacturing Resource Planning and Why SMEs Need It

Navigator SAP

Manufacturing resource planning is all about resource planning and management. An MRP system identifies needed materials, estimates quantities required, calculates when materials will be required to meet production schedules, and manages delivery timing. MRP is essential software for most businesses that run efficiently, and this is why it is widely used by manufacturers, restaurants, consumer products firms and even professional service organizations.

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Weekend Reading For Financial Planners (December 16-17)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that this week's round of public hearings on the Department of Labor's proposed new fiduciary rule featured fierce opposition from the brokerage and insurance industries – which, while unsurprising given those industries' stance against the DoL's previous fiduciary rule (which ultimately caused it to be struck down in court in 2018), nonetheless highlights the debat

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SEC busts pre-IPO fraud scheme that bilked 4,000 investors worldwide

CFO Dive

Swindlers made their false pitch of no upfront fees in podcasts and videos on Facebook, LinkedIn and other social media platforms, the SEC said.

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IPO-bound OYO elevates Rakesh Kumar as CFO

CFO News

OYO has confirmed in a statement that Abhishek Gupta, the current CFO, will continue with the company in an advisory and mentorship capacity.

CFO 105
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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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A Concise Guide to Lean Manufacturing Inventory Management

Navigator SAP

Lean inventory makes erp for the manufacturing industry more efficient. And that reduces costs. The core idea of lean inventory management is a simple one that is broadly and well known by businesses today: continually focus on eliminating waste and inefficiency for better operations and profits. The concept of lean processes was first popularized by Taichii Onho and Shigeo Shingo at Toyota, who developed the Toyota Production System that itself drew inspiration from interchangeable parts pionee

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Preserving HSA Eligibility And Maximizing Contributions After Age 65

Nerd's Eye View

Although numerous tax-advantaged vehicles are available for retirement savings, Health Savings Accounts (HSAs) have particular benefits for individuals saving for retirement. Specifically, HSAs offer a "Triple Tax Benefit" that includes tax-deductible contributions, tax-deferred growth, and tax-free withdrawals for qualified medical expenses. This can allow individuals to save a significant amount that can be withdrawn tax-free for medical expenses later in retirement.

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Core inflation edges up, spotlighting Fed’s bumpy path to stable prices

CFO Dive

Traders in interest rate futures shook off the core CPI data, predicting that the Fed will leave the main interest rate unchanged on Wednesday after a two-day meeting.

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Infosys CFO Nilanjan Roy resigns, Jayesh Sanghrajka to succeed

CFO News

Infosys announces Jayesh Sanghrajka as new CFO, succeeding Nilanjan Roy, who resigns after six years; Sanghrajka brings 25 years' finance expertise.

CFO 105
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.