Sat.Apr 01, 2023 - Fri.Apr 07, 2023

article thumbnail

Should CFOs Use ChatGPT

CFO Leadership

Should CFOs Use ChatGPT For years, we’ve been anticipating the arrival of ubiquitous AI. And for years, we’ve seen glimmers of hope both in our personal lives, like when an AI system bested Jeopardy’s grand champs, and in business, like when product searches started actually providing useful suggestions of additional items to buy and good alternatives to the ones in your search.

article thumbnail

No, AI isn’t coming for your CFO seat

CFO Dive

CFOs are likely here to stay for the foreseeable future, despite predictions that automation will transform corporate finance functions, experts say.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The CFO Guide to Gratitude 2023

CFO Leadership

by Scott Johnson TLDR You think you need a reward program. What you need is a gratitude program that happens to include rewards. We hope you don’t let your company miss the mark when they start talking about ‘Employee Engagement’ initiatives. Show me the money… Someone says, “We need better employee engagement.” Someone else says, “We did a survey and need more recognition.

CFO 59
article thumbnail

Automation can curb finance burnout

CFO Dive

Finance leaders are looking closer at automation as a talent retention tool as employees eye new opportunities.

Finance 304
article thumbnail

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.

article thumbnail

$33 Trillion in Sovereign Wealth Funds

Barry Ritholtz

The consulting firm Global SWF tracks all the important info about Sovereign Wealth Funds (SWFs) and Public Pension Funds (PPFs). Its an amazing collection of charts and data. The asset value peak was $33.6 trillion (USD) in 2021; that’s down only slightly to $31.4 trillion as of the end of 2022. Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing.

Marketing 124

More Trending

article thumbnail

Marketers, pricers are out of sync on inflation strategy

CFO Dive

CFOs have major decision power when it comes to developing pricing — the fastest lever companies can pull to adjust to inflation, Revionics’ Matt Pavich says.

Marketing 280
article thumbnail

Audit watchdog NFRA asks Mahindra Holidays to review its accounting policies and practices

CFO News

NFRA asks the company to review accounting, disclosure policies and report by June 30.

article thumbnail

Your New ERP is Worse Than Your Old System—But Only for the First Year

Navigator SAP

There’s an interesting and well-known issue that many businesses face right after upgrading their ERP solution: The new system performs worse than the old one.

237
237
article thumbnail

It’s not a funnel, it’s a filter.

The Reformed Broker

I get a lot of emails and LinkedIn messages about our “funnel” these days. Hiring funnel, sales funnel, etc. Usually it’s coming from well-meaning companies who are focused on recruiting and headhunting or lead generation and prospecting. A typical firm in our industry is probably in need of what they’re offering. I have tried to build an atypical firm.

Sales 138
article thumbnail

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.

article thumbnail

Esker, HighRadius top C2C software rankings

CFO Dive

Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.

281
281
article thumbnail

10 Friday AM Reads

Barry Ritholtz

My end-of-week, market’s-closed-but-BLS-open Good Friday reads: • Here’s What Happens at the IRS After You File Your Taxes Refunds can come in five days—or a few months. ( Wall Street Journal ) • How Models Get the Economy Wrong : Seemingly complex and sophisticated econometric modeling often fails to take into account common sense and observable reality. ( American Prospect ) see also Six Ways Existing Economic Models Are Killing the Economy : The alleged science doesn’t match up to the r

Valuation 119
article thumbnail

Maximize NOI With the Right ERP for Property Management

Navigator SAP

Net operating income (NOI) is a crucial metric for countless businesses. Using the right ERP for field services and property and equipment management to introduce automated recurring billing and income projections can significantly affect your profitability.

130
130
article thumbnail

The ground is quaking

The Reformed Broker

The prompt: The output, copy-pasted into my blog’s CMS: This is a rainbow stripe! Obviously anyone who knows how to code could have knocked this out in a second without even having to think about it. But how many people don’t know how to code? Most? We’re heading into a future in which not knowing how to do a thing is going to matter much less than ever before.

138
138
article thumbnail

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.

article thumbnail

Walmart automates to combat inflation, CFO says

CFO Dive

The retailer is upping its investments in automation as it looks to manage costs and pricing during an inflationary environment.

CFO 270
article thumbnail

Big Tech, Big Returns?

Barry Ritholtz

A quick note before everybody scampers off for the holidays. The impact of Technology on indices since the GFC is indisputable. But if you want to see exactly what their weight looks like on markets over that decade-plus era, check out the Statista video above. Or, you can see Invictus applying Bob Farrell’s rules to the Tosteern Slok’s FANGM work: Time to invoke Farrell’s Rule #7?

article thumbnail

Driving Innovation With the Best ERP for Research and Development

Navigator SAP

As a research and development manager, your main responsibility is to collaborate with your team members to perform effective experiments and provide your company with practical insights that can be used in the development of innovative products. To do this, you and your team need the autonomy and flexibility to collaborate and document processes and formulas used at every stage of your research and development.

130
130
article thumbnail

This Week on TRB

The Reformed Broker

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. . The post This Week on TRB appeared first on The Reformed Broker.

132
132
article thumbnail

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.

article thumbnail

FASB chooses single software accounting model

CFO Dive

The new project marks the first time in decades that the U.S. accounting standard setter is revisiting accounting for software costs.

article thumbnail

Buy This, Sell That? Please Don’t…

Barry Ritholtz

Ever see those IR stories announcing a firm is “increasing its exposure” or “boosting our stake” or “unloading shares” in a given company? Sounds like someone with more resources, insights, and connections KNOWS something about a stock that you do not. Should you then follow the recommended announcements? Absolutely not. Here is why: These posts seem to be a bizarre combination of public records scraping and AI; they look like they were designed to generate clicks rather than reflect honest inve

article thumbnail

Choosing the Right ERP for Repair and  Maintenance Companies

Navigator SAP

If you run a repair and maintenance business (Field Service, Building Maintenance…), you need to have the right tools and systems in place to help you consistently deliver high-quality services. One of these systems is an enterprise resource planning (ERP) platform. An ERP system helps your business run more smoothly and efficiently, thus increasing overall productivity and customer satisfaction.

Planning 130
article thumbnail

The Nuts and Bolts of Private Commercial Real Estate (CRE) Investing

CFA Institute

What terms, metrics, and concepts do investors need to have under their belt to approach the CRE asset class?

article thumbnail

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

article thumbnail

Modern finance goes leaner

CFO Dive

No matter how big a company’s finance department is these days, it’s most likely much smaller than it would have been just a few decades ago.

Finance 269
article thumbnail

Getting So Much Better All the Time

Barry Ritholtz

 A quick note before the 3-day holiday weekend consumes all: I was thumbing through the Oscar edition of a recent glossy mag when I came across an article by James Pogue titled “ West of Eden.” It’s a discussion of folks on the fringe right, including preppers, dystopian billionaires, and a bunch of off-the-grid, back to-the-land, radicals. I can sum up the entire vibe with a single quote: “ If you’re not willing to shoot federal agents, then you’re not serious about it.

111
111
article thumbnail

Talent Strategies Demand a New Normal

CFO Leadership

The war for talent is over … and talent won, reinforcing that people and the future of work represent the defining business challenge for the next decade. People and culture sit atop the list of key risk concerns of board members and executives worldwide looking out over the next 12 months as well as into 2032, according to the latest Top Risks Survey from Protiviti and NC State University’s ERM Initiative.

article thumbnail

Weekend Reading For Financial Planners (April 8-9)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning software tools for topics like taxes and Social Security as advisors continue to seek tools tobroaden and deepen their planning capabilities.

article thumbnail

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.