Sat.Sep 23, 2023 - Fri.Sep 29, 2023

article thumbnail

Evolution in the CFO Role: The Three Rs in Financial Management

Future CFO

The chief financial officer role in organisations has been evolving, with mid-size and small firms , including start-ups, now embracing the position as opposed to the traditional large and well-established companies. Manish Modani , CFO at RDC Concrete (India) , discusses what fuels the newfound appreciation for financial expertise hence the observed evolution to the CFO role.

CFO 52
article thumbnail

6 biggest headaches for FP&A teams (and how to fix them)

Cube Software

Time-consuming, manual tasks can significantly slow down FP&A teams. These tasks (e.g., data entry, compiling and consolidating reports, and manual reconciliation) eat into valuable time that could be better spent on strategic thinking and more complex problem-solving.

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

Lessons on the importance of process from athletes

CFO Dive

Every process transformation is different, the diligence and dedication will have to be repeated meticulously.

244
244
article thumbnail

Email: An Essential Business Tool, and a Direct Conduit for Thieves

CFO Selections

We’ve all heard about “phishing” – malicious emails. As Microsoft notes below, they’re hugely popular among cyber thieves. They also happen to be hugely lucrative (which is why they’re so popular!).

article thumbnail

The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

article thumbnail

Turnaround in sight at private banks, now is the time to bet

CFO News

Analysts said due to strong management and aggressive strategies, private sector banks will continue to take market share from their public sector counterparts. They also believe private banks have strong subsidiaries in high-growth businesses like asset management, wealth management, and life and health insurance, where value will be unlocked in the coming years.

Banking 52

More Trending

article thumbnail

Learn to talk tech, Heller Search CEO advises CFOs

CFO Dive

For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.

Finance 293
article thumbnail

Treasury professionals: The hardest-to-manage risks

Future CFO

Treasury professionals see macroeconomic risk as one of the hardest to manage. According to Association For Financial Professionals’ 2023 AFP Risk Survey, 43% of treasury professionals consider macroeconomic risk —the pace of GDP growth, inflation and interest rates —to be one of the most challenging risks to manage. This figure is up 24 percentage points from 2021 when only 19% cited macroeconomic risk, as the most challenging risk to manage, AFP pointed out.

article thumbnail

Fractional CFOs for Startup Companies

Beacon CFO Plus

Providing Critical Financial Strategy, Cost Optimization, and More Hiring a fractional CFO for your startup is a strategic move that brings expert financial guidance without the full-time commitment. These are just a few reasons to consider working with a seasoned part-time CFO as you launch your business: Financial Strategy and Planning: Startups often lack the financial expertise needed to develop sound strategies and plans for sustainable growth.

article thumbnail

Maintain Food Safety Standards with the Help of ERP

Navigator SAP

When a manufactured food is purchased by a consumer, there is the expectation that the food product is safe and consistent. This safety and consistency is important for the reputation of the food brand in general, but it also is required for public safety reasons.

article thumbnail

Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

article thumbnail

CFOs worry most about rate hikes: Fed survey

CFO Dive

While vexed by high borrowing costs, top financial executives see revenues rising next year and the economic landscape brightening.

Economics 301
article thumbnail

The Least Bad Choice

Barry Ritholtz

I have been watching various sentiment polls and Right/Wrong Track questionnaires with detached bemusement. Bemused because they are so silly, and detached because I know I can’t change human nature. What I can do is share a few modest insights; hopefully, these will allow you to gain a fresh perspective you might not have otherwise considered or perhaps even garner a better understanding of what is happening right here and now.

article thumbnail

NFRA has powers to check past audits: Ex-chief Rangachari Sridharan

CFO News

There is no option available to an alleged violator to choose a forum other than the one notified under the law as possessing the jurisdiction, he tells ETCFO.

Auditing 119
article thumbnail

Weekend Reading For Financial Planners (September 30-October 1)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that RIA custodial platform Altruist announced that it is offering its portfolio accounting software for free to advisors who custody with the firm, offering the opportunity to advisory firms to reduce the costs of their tech stacks and perhaps presaging competition among custodians to offer more software capabilities for their advisory firm clients!

article thumbnail

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.

article thumbnail

Runaway cloud spending frustrates finance execs: Vertice

CFO Dive

Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.

Finance 301
article thumbnail

Can Economists Predict Recessions?

Barry Ritholtz

Before your week ends and you head out for door, I had to share a new paper from St. Louis Fed. The title: Can Economists Predict Recessions? Short answer: Maybe a quarter ahead (but not always). Beyond that short time frame, it’s simply too variable: “These questions have taken on particular importance recently. In the past four quarters, economic forecasters have, on average, predicted a 42% probability of a contraction in the U.S. economy in the next quarter, according to the Survey of

article thumbnail

Dhanlaxmi’s ID resignation warrants RBI, SEBI attention: Amarjit Chopra

CFO News

Some allegations especially relating to the Conduct of Board and committee meetings as well as the Rights Issue need to be looked into, says the former independent director on bank boards and Past President at ICAI.

Banking 111
article thumbnail

Cyberattacks against SMBs sees threefold increase in Singapore

Future CFO

Singapore sees a threefold increase in cyberattacks against SMBs, with 453 attacks targeted at this type of businesses in 1H2023 compared to 112 in the same period last year, said Kaspersky recently. In 1H 2023, SMB employees here encountered malware or unwanted software disguised as business applications with about 50 unique files being distributed in the time period while there were only 24 unique files being distributed in the same period of last year in Singapore , the firm noted.

article thumbnail

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.

article thumbnail

75% of companies unprepared for coming ESG audits: KPMG

CFO Dive

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

Auditing 299
article thumbnail

Where’s Everyone Going?

Barry Ritholtz

Mapped: The Migration of the World’s Millionaires in 2023 Source: Visual Capitalist The post Where’s Everyone Going? appeared first on The Big Picture.

article thumbnail

Does India’s accounting watchdog NFRA have powers to check past audits?

CFO News

The Telangana High Court has ruled that the National Financial Reporting Authority does not have jurisdiction over audits prior to its constitution in October 2018. Legal and audit experts debate the issue.

Auditing 111
article thumbnail

Navigating The Double Consolidation Process To Help Parent PLUS Student Loan Borrowers Reduce Loan Burden

Nerd's Eye View

When it comes to advising clients on student loan issues, many financial advisors might first think about recent graduates seeking advice regarding the most effective way to pay down their balances. However, the number of Federal student loan borrowers over the age of 50 has increased significantly in the past 20 years, with many of these borrowers holding Parent PLUS loans that were used to help fund their children's undergraduate education.

article thumbnail

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.

article thumbnail

Half of digital transformation investments fail: KPMG

CFO Dive

Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.

article thumbnail

The Changing Role of CFOs in a Technology-Driven World

Bramasol

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too. This blog post provides an overview of these major waves of change based Bramasol's more than 27 years of working closely with CFOs and their stakeholders across many indu

article thumbnail

NFRA says biggest focus is to ensure that auditors do their job properly

CFO News

Chairperson Ajay Bhushan Pandey says auditors’ certification of the true and fair view of the company’s financial statement inspires confidence in all stakeholders including investors both domestic and foreign.

105
105
article thumbnail

#FA Success Ep 352: Finding Personal Scale By Leveraging Yourself Through Outsourced Delegation, With Bridget Venus Grimes

Nerd's Eye View

Welcome back to the 352nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Bridget Venus Grimes. Bridget is the President of WealthChoice, a virtual independent RIA that oversees nearly $80 million in assets under management for 68 client families, and Co-Founder of Equita Financial Network, an advisor platform that helps advisors plug in and share resources.

article thumbnail

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.