Sat.Jul 13, 2024 - Fri.Jul 19, 2024

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Upskilling Finance to realise business outcomes

Future CFO

It is undeniable that the Finance function is in dire need to keep up with the technological advancements to meet the demand of the market, and one of the things in the to-do list is upskilling its people. A recent Gartner survey revealed that finance leaders think artificial intelligence, particularly GenAI, is set to impact organisational functions, as there are high levels of uncertainty among finance executives regarding the challenges surrounding the implementation of GenAI.

Finance 97
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5 takeaways on costs, challenges of climate disclosure compliance

CFO Dive

Complacency regarding the SEC’s now-stayed rules could leave companies “scrambling to try to get ready” once they are put in place, PwC’s Marc Siegel said.

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Trending Sources

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What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

Are you planning for a Saturday night? Welp, that’s kind of short-ranged! How about, planning to buy a house in the next five years? Or a farm in the next 10 years! That’s exactly how Long-range Planning (LRP) works – not only for individuals but for businesses as well. Long range planning extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future.

Planning 105
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Thursday’s 10-year TIPS auction could mark trend of lower yields

Tips Watch

By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $19 billion in a new 10-year Treasury Inflation-Protected Security, CUSIP 91282CLE9. The coupon rate and the real yield to maturity will be set by the auction’s results.

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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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Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation 

CFO Talks

Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation The 7th Annual CFO Africa event was a dynamic gathering of financial leaders, industry experts, and innovative thinkers. Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

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Converse Bank: At the Forefront of Innovation in Armenia

Global Finance

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA. It has consistently applied best practices across its operations, creating business processes informed by knowledge and customer experience.

Banking 98
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1,016: When Career Years Are Investment Years | Sandeep Aujla, CFO, Intuit

CFO Thought Leader

By the time Sandeep Aujla arrived at Intuit in 2015, he had already invested 7 career-building years as a senior finance executive at Visa, so his path to the CFO office was presumably getting shorter and shorter. Still, it would be another 8 years before he would be appointed Intuit CFO. While there’s little question that during those 8 years Aujla could have likely nabbed CFO appointments elsewhere.

CFO 52
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AR player Versapay plunges ahead with new C-suite team

CFO Dive

The business-to-business accounts receivable player is weighing its strategic options and eyeing opportunities in the office of the CFO.

CFO 144
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Streamline Your Supply Chain with a Self-Service Supplier Portal

Navigator SAP

Imagine the daily struggle of managing supplier interactions – endless email threads, chasing down purchase orders (POs), manually updating spreadsheets, and the constant worry of errors and delays. This traditional approach to procurement is not only time-consuming and frustrating, but it also introduces unnecessary risks and inefficiencies into your supply chain.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 1)

Global Finance

In this two-part feature on the economics of the Summer Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games’ organizing committee is taking to ensure fiscal responsibility.

Economics 122
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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller. Whether you are hiring full-time or fractional, knowing how these roles differ between a controller vs CFO will ensure your small business gets the financial support it needs without overspe

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‘Surge Moment’: Generative AI upends time-tested measurements of ROI

CFO Dive

CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.

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Beyond Paperwork: The Future of Business with SAP EDI Integration

Navigator SAP

There’s work that advances a business, and then there’s paper pushing. With SAP EDI integration, small to medium-sized businesses can significantly reduce paperwork and instead focus on the activities that actually drive sales, build brands, and differentiate companies.

SAP 147
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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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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 2)

Global Finance

In this two-part feature on the economics of the Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games organizing committee is taking to ensure fiscal responsibility.

Economics 105
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Weekend Reading For Financial Planners (July 20-21)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Charles Schwab and other brokerage platforms are planning to increase the interest rates they pay on client cash held in their platform or cash sweep programs, which could boost the income of clients who maintain a cash balance in their accounts.

Numbers 90
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Finance leaders need to move quickly to prep for the ‘tax trifecta’

CFO Dive

U.S. businesses must begin scenario planning ahead of the presidential election to avoid being caught off guard by sudden shifts in tax policy, KPMG’s Rema Serafi writes.

Finance 292
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New 10-year TIPS gets real yield of 1.883%

Tips Watch

By David Enna, Tipswatch.com I am writing this after an evening out in Biella, Italy, and while struggling with rather weak Internet. So this is going to be brief. The U.S.

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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.

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SAP Migration Tools Help Reduce Digital Debt During Your Cloud Transition Process

Bramasol

With each quarterly earnings announcement showing dramatic increases in cloud ERP revenue, SAP’s strategic shift to S/4HANA cloud services is clearly now in full swing. In Q1 2024, revenue from the Cloud ERP Suite was up 32% and reached $3.48 billion US, marking nine straight quarters of 30%-plus growth. Among the many benefits of moving to cloud, such as cost savings, scalability, data uniformity, etc., another big advantage is the opportunity to reduce your existing "Digital Debt" as part of t

SAP 90
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Angel Tax drains funds, distorts market valuations, say VCs

CFO News

How is the Angel Tax affecting India's startup ecosystem? Further, how does it impact investment decisions, market valuations, ease of doing business, and foreign investment? Anticipation is in the air if the Ministry of Finance accepts the DPIIT proposal of its abolition as it gears up for the union budget 2024 announcement, meanwhile find out how its potential repeal could reshape the investment landscape and foster growth in India's startup ecosystem, hear from the venture capitalists.

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SEC rule jumpstarts Corpay CAO’s ESG push

CFO Dive

The climate disclosure rule’s March passage helped push the payments player to double down on its ESG reporting strategy, Chief Accounting Officer Alissa Vickery said.

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BMO earns top score for disability inclusion for ninth year in a row

Bank of the West

BMO has been honored with a top score of 100 on the Disability Equality Index® for the ninth consecutive year, securing our place among the Best Places to Work for… Read more The post BMO earns top score for disability inclusion for ninth year in a row appeared first on About BMO.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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CFO lessons from cost-cutting efforts

Future CFO

As CFOs rely on cost reductions to meet earnings expectations in a cooling economy, they must avoid pursuing approaches that could compromise future performance. Gartner, Inc. enumerated insights regarding this matter, noting on the recent experiences of S&P Global 1200 companies. Insight 1: Cost Cuts Are Common but Not Deep - Sixty-four percent of companies in the S&P 1200 implemented cost-cutting measures such as employee layoffs, selling real estate from 2021 through mid-2023.

CFO 52
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Setting Up Payroll for Your Remote Team: Tips & Tricks

Capital CFO LLC

Setting up payroll for your remote team is like conducting a finely tuned orchestra. Without harmony, the intricate task of setting up payroll for your remote team can become a cacophony of complications, drowning in a sea of tax codes, compliance challenges, and payment logistics. Yet, with the right guidance, establishing a seamless payroll system […] The post Setting Up Payroll for Your Remote Team: Tips & Tricks appeared first on Capital CFO+.

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Incoming QXO CFO’s comp package includes $3M signing bonus

CFO Dive

M&A “heavy hitter” Ihsan Essaid could rake in a $1.6 million base salary should the product distribution company hit future annualized revenue run rate goals, according to a company filing.

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The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

When most people think of an organization’s financial department, they think of accountants. But did you know there are a variety of financial professionals that are essential to the financial well-being of an organization? Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. This guide will walk you through the function of each role and how they compare to one another.

CFO 52
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.