Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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4 Common Myths of AI in Finance Organizations

The Finance Weekly

Artificial intelligence (AI) has dazzling possibilities and high expectations, but there are many misconceptions about how it can impact the office of finance. Let's explore four of these myths and their potential to perpetuate limiting beliefs that can impact the ability of a business to compete in the market and attract talent. Myth #1 “There is no need to alter our current course of action.

Finance 98
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Walmart CFO aims for market share as shoppers trade down

CFO Dive

The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.

Marketing 143
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Trending Sources

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The Ins and Outs of Budgeting and Planning Drivers

Centage

In the current economic climate, proper financial planning and management are more essential than ever before. With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. A newer approach to financial management, driver-based planning involves examining a company’s main business and value drivers with a goal of designing plans and budgets with them in mind.

Budgeting 105
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Why Business Uncertainty is the Right Time for ERP

Navigator SAP

These are interesting times for business. The Covid-19 pandemic shook almost every industry around the world, and the new normal is different than what came before. But part of what makes the new normal different is that uncertainty and disruption haven’t gone away any more than the Covid virus itself. Beyond just the pandemic, the world is in flux.

Planning 246
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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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Machine Learning Algorithms and Training Methods: A Decision-Making Flowchart

CFA Institute

How can you determine what machine learning approach to apply?

Economics 139

More Trending

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Passive vs. Active

Barry Ritholtz

Yesterday I spent some time with Eric Balchunas recording a Masters in Business podcast. Balchunas is Senior ETF Analyst for Bloomberg Intelligence and the author of “ The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions.”. It’s a fun conversation I’m sure everybody will enjoy. There are parts of our discussion I thought were obvious, but he convinced me as underappreciated: First and foremost, the intense disruption of low-c

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What Is the Best ERP System for Manufacturing?

Navigator SAP

One of the main success factors for modern enterprises is having access to real-time financial data. This can only be achieved through streamlining the process of collecting, managing, and sharing data in your organization. That’s why cloud-based enterprise resource planning (ERP) systems have become vital to modern manufacturers.

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Equity Risk Premium Forum: Gloom Looms?

CFA Institute

“How many here think the next 10-year equity returns are going to be below the long-run average? I certainly do. Is there anyone here who doesn’t?”.

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SEC backs tougher rules for audits involving multiple firms

CFO Dive

SEC Chair Gary Gensler hailed efforts to avert significant errors in audits by multiple firms, including mistakes in the calculation of revenue and measurement of fair value.

Auditing 286
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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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Countertrend ?

Barry Ritholtz

One of my favorite ways to contextualize market trends is to divide long periods of time into secular bull and bear markets. When we look at the past century, we can see decades-long eras where the economy is generally robust, supporting markets trending higher, with expanding multiples. We call these eras Secular Bull Markets. The best examples are 1946-66, 1982-2000, and 2013 forward.

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Implementation Methodology of Life Sciences ERP

Navigator SAP

Life science companies, such as those related to medical devices and pharmaceuticals, can greatly benefit from an enterprise resource planning (ERP) solution. Implementing an ERP system can be a drawn out and complex process, however. In this article, we'll discuss the major steps involved in ERP implementation so you know what to expect.

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Outperformance Ain’t Alpha

CFA Institute

Outperformance and alpha are not exactly the same thing. So, how do we explain the difference?

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Consumer sentiment rises on improved inflation expectations

CFO Dive

The falling price of energy and other essential goods buoyed consumer sentiments, the University of Michigan found in a survey this month.

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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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What Does the Market “Know” ?

Barry Ritholtz

There is a link in yesterday’s reads that I violently disagreed with but found quite interesting nonetheless. Just as retweets aren’t endorsements, my AM reads include things I find fascinating, important, and well-written — regardless of whether or not they reflect my beliefs. If anything, finding contrary pieces helps reduce confirmation bias and curtails my time in a limited information bubble of my own construction.

Marketing 128
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ERP for Medical Device Manufacturers

Navigator SAP

There are so many life science ERP software solutions out there, it can be difficult to find the right tool for your company. In this article, we'll discuss what you should keep in mind when looking at ERP systems for medical devices.

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This Week on TRB

The Reformed Broker

It’s good to be back! After a much needed vacation, got back into the swing of things this week… And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These were the most read posts on the site this week, in case you missed it: The post This Week on TRB appeared first on The Reformed Broker.

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Supply chains unclogging, slowing inflation: report

CFO Dive

With coronavirus disruptions waning, goods are flowing more smoothly across the economy, reducing price pressures, RSM said.

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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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1961 Mercedes-Benz 190SL

Barry Ritholtz

Yet another lovely open-air driver to enjoy during the summer months: The famed Mercedes-Benz 300SL Gullwing pioneered many new technical innovations, such as fuel injection and a tubular space frame. It may have been gorgeous, but it was an expensive coupe. Enter the 190SL. Built on a shortened sedan platform, it was powered by a carbureted 1.9-liter inline-four making 120 HP paired with a four-speed manual transmission.

Numbers 119
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Medical Device ERP Systems

Navigator SAP

If you operate in the medical device industry, you know that things are always changing. Regulations, product lines, and customer demands are constantly shifting, which can make it difficult to keep up. This is where an enterprise resource planning (ERP) system can help.

Planning 130
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The Cash Gap: How Big is Your Gap?

CFO Simplified

Like many professionals, I try to leave my work at the office to make my personal time free of work-related concerns. However, one particular “business” topic that occasionally comes up, especially during the holidays, is our family’s “cash gap.”. The cash gap is the number of days between when we spend money buying presents, and when I get paid next.

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AICPA warning on 15% tax timeline goes unheeded

CFO Dive

CFOs at companies on the threshold of being subject to the new tax will also need to familiarize themselves with the complex rules.

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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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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Holes in the Recession Story. With surging inflation and a new war in Europe, the first half of 2022 was understandably gloomy for economies and financial markets around the world. But recent developments offer some hope that the prevailing pessimism may no longer be as warranted as it was a few months ago. ( Project Syndicate ). • This Year, the Boss Is in the Office While Employees Hit the Beach : Managers hoping to coax workers back to the office are

Startups 119
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Why ESG Scores for Companies Matter. A Lot.

Embark With Us

People need receipts these days. Fair or not, to a massive swath of the marketplace, if you can't prove it, it didn't happen. Or, at the very least, people will look at you sideways, and that's not exactly great for business.

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SMEs put hiring plans on hold, study finds

Accountancy Today

SMEs are reportedly planning to put a stop on hiring plans because of the current level of economic uncertainty, according to the Association of Chartered Certified Accountants (ACCA) and The Corporate Finance Network’s (CFN) monthly SME Recover Tracker. The tracker found just 12% of SMEs anticipate having more people on the payroll, a sharp decline compared with earlier this year in March (37%) and serves as a “strong signal” on investment.

Planning 105
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CFOs-turned-CEOs have ‘worse outcome’

CFO Dive

CFOs turned CEOs must “let go” of finance so they can become stronger in other areas like investments and innovation, experts say.

Finance 264
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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.