Sat.Sep 07, 2024 - Fri.Sep 13, 2024

article thumbnail

The Treasury Function Gets Strategic

Global Finance

New tools and techniques, including AI and ML, are helping treasurers to optimize cash flow—and giving them a bigger role in strategic business decision making. Not that long ago, corporate treasurer—the top slot in every company’s green-eyeshade corps—was about the last position most observers would tag as strategic. While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed.

article thumbnail

Strengthening Digital Dexterity – Three steps to help CFOs deliver digital business outcomes

Future CFO

To keep pace with the constant changes brought about by digital business, CFOs need to acquire new skills and knowledge. Now more than ever, digital aptitude is not only necessary to vet business cases and measure outcomes for digital projects but it’s also needed to drive a company’s long-term success. According to a recent Gartner study, 1 companies that met or exceeded expectations for returns on digital spending increased earnings before EBITDA at a rate of 2.8 percentage points faster than

Finance 98
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

Stakes Rising In The US-China AI Race

Global Finance

The intensifying competition between the United States and China over artificial intelligence (AI) is not merely an extension of their long-standing trade disputes; it is a critical battle that could reshape global power dynamics. Two recent developments have amplified the significance of this struggle: the war in Ukraine, which has vividly illustrated how AI, particularly in the form of AI-enhanced drones, can be weaponized, underscoring the technology’s lethal potential in modern warfare; and

Economics 111
article thumbnail

Founder Mode: A New Name for an Old Challenge

CFO Share

By now you have probably heard of Paul Graham’s essay, “ Founder Mode.” Paul’s thesis, spawned from AirBnB Founder Brian Chesky’s talk at Y-Combinator, has resonated widely within the startup community. Graham describes how a roomful of successful startup founders were given the incorrect advice to “hire good people and give them room to do their jobs… the results were disastrous.

article thumbnail

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

article thumbnail

Navigating the International Waters of Tax Compliance: A Guide for Startups

CFO Plans

As a startup operating in today’s globalized world, it’s essential to understand the complexities of international tax regulations. One crucial aspect that often gets overlooked is the requirement to file foreign ownership disclosures and potentially an FBAR (Report of Foreign Bank and Financial Accounts). Failure to comply with these regulations can lead to significant penalties and legal consequences.

More Trending

article thumbnail

Inflation slows to three-year low, clearing way for Fed rate cut

CFO Dive

The persistence of shelter cost inflation prompted futures traders to retreat from predictions that policymakers next week will cut the federal funds rate by a half point.

284
284
article thumbnail

3 Underutilized KPIs DSOs Should Use to Enhance Strategic Decision-Making and Operational Efficiency

E78 Partners

Michael Honeycutt, a Director within our FP&A practice was published on Becker’s Dental + DSO Review. The full article is featured below. As seen on Becker’s Dental + DSO Review Most organizations rely on key performance indicators (KPIs) for driving strategic decisions, optimizing operations, and improving financial outcomes, and dental service organizations (DSOs) are no different.

article thumbnail

Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

SAP Universal Revenue Management (SAP Universal RevRec) is a cutting-edge solution engineered to elevate and simplify the complexities of revenue recognition. It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). With a 28 year track record as one of SAP's longest serving partners and the recognized experts in SAP revenue compliance and SAP BRIM/OTC offerings , the Br

SAP 59
article thumbnail

Strengthening group audits - Who’s responsibility it is?

CFO News

In light of ongoing debates surrounding group audits, Ashok Haldia, a seasoned finance expert and Chartered Accountant, examines the complexities of SA 600 versus ISA 600 in group audits, exploring contentious issues related to responsibility, access to working papers, and the appointment of component auditors.

article thumbnail

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.

article thumbnail

The Importance of Integrity in Leadership

CFO Talks

The Importance of Integrity in Leadership In the ever-evolving landscape of corporate governance, CFOs in South Africa play a pivotal role in shaping the ethical framework of their organisations. As stewards of financial integrity, CFOs are expected not only to manage the numbers but also to lead by example, embodying the values that define responsible and transparent leadership.

article thumbnail

Citi CFO: Businesses mull derisking as uncertainty persists

CFO Dive

While the “boil” appears to be coming off inflation, companies are still grappling with uncertainty around elections and rates, Citigroup’s Mark Mason said Monday.

CFO 291
article thumbnail

How to Future-Proof Your Consumer Products Supply Chain

Navigator SAP

When consumer products companies are asked about their most important priority for reducing risk, supply chain fragility is mentioned first. A recent poll conducted by SAP found that fully 47 percent of consumer products executives surveyed indicated that strengthening their supply chain against fragility was a top priority. With barriers rising from geopolitical instability, and globalization in retreat, the consumer products supply chain has never looked more tenuous.

SAP 237
article thumbnail

CFO Corner With Groupe Berkem’s Anthony Labrugnas

Global Finance

Anthony Labrugnas has been the chief financial officer of Groupe Berkem, a France-based chemical group, for nearly 10 years. Berkem has been listed on the EuroNext since December 2021. Global Finance: What has been the most challenging time of the 10 years you have been CFO at Groupe Berkem? Anthony Labrugnas: The most challenging time as the financial head of Groupe Berkem was at the beginning, because of the company’s financial situation at that time.

CFO 111
article thumbnail

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.

article thumbnail

Dealing with Aging: Updating the Intel, Walgreens and Starbucks Stories!

Musings on Markets

A few weeks ago, I posted on the corporate life cycle , the subject of my latest book. I argued that the corporate life cycle can explain what happens to companies as they age, and why they have to adapt to aging with their actions and choices. In parallel, I also noted that investors have to change the way they value and price companies, to reflect where they are in the life cycle, and how different investment philosophies lead you to concentrated picks in different phases of the life cycle.

Valuation 109
article thumbnail

IMAX CFO: Taking a disciplined approach to movie magic

CFO Dive

Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.

CFO 296
article thumbnail

Extend SAP Business ByDesign with Powerful Integrations

Navigator SAP

SAP Business ByDesign is a robust ERP solution built as a Suite-in-aBox solution, that can handle your core business operations. As businesses change and grow, you may need additional functionality and integrations with partners, clients, or third-party software. Expand your capabilities by integrating with specialized industry solutions.

SAP 232
article thumbnail

Corporate Treasurers Proceeding With Caution

Global Finance

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. Huge interest rate shifts and geopolitical uncertainties have prompted a major rethink by corporate treasurers as they steer their companies through an economic landscape that exposes them to risk and opportunity in equal measure.

article thumbnail

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.

article thumbnail

New RMD Rules For Spousal Beneficiaries Of Retirement Accounts With SECURE 2.0’s “Spousal Election” Option

Nerd's Eye View

Among all the different types of retirement account beneficiaries, those who are the surviving spouse of the original account owner receive the most preferential tax treatment when it comes to distributing the account's assets after the owner's death. While non-spouse beneficiaries face strict timelines – either starting Required Minimum Distributions (RMDs) the year after the original owner's death and stretching them over their remaining life expectancy (if they were considered Eligible

article thumbnail

UPenn, University of Texas produce most CFOs

CFO Dive

In a shakeup, The University of Texas at Austin unseated University of Virginia this year to top the list of public schools that have produced the most sitting finance chiefs.

Finance 278
article thumbnail

Leading with Purpose: Dr. Lawrence Nsibandze on Managing Public Service Pensions and Strategic Finance

CFO Talks

Nicolaas van Wyk: Good day, CFO Club members, prospective members, and our CFO audience. My name is Nicolaas van Wyk, and I’m hosting another interesting podcast for CFO Club with Dr. Lawrence Nsibandze. He is the Chief Financial Officer of the Public Service Pension Fund. I recently met Dr. Lawrence when we were both attending a Marcus Evans event called the 7th CFO Africa Summit.

Finance 97
article thumbnail

A Day in the Life: Paulus Chau from AICPA & CIMA

Future CFO

Editor's note: In today’s A Day in the Life , Paulus Chau, Director – Hong Kong and Emerging Markets at AICPA & CIMA shares with FutureCFO audiences how hiking inspires his life and work as well as his passion for helping accounting and finance professionals to further develop their skills. FutureCFO: What does a typical day look like for you? Paulus Chau (PC): I would describe my typical working day at AICPA & CIMA, together as the Association of International Certified Professional Acc

article thumbnail

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

article thumbnail

Weekend Reading For Financial Planners (September 14–September 15)

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 SEC this week fined 4 RIAs for violations of its marketing rule related to their claims that they offered 'conflict-free' financial advice. Which means that while many fee-only RIAs use the reduced conflicts that come with the fee-only model (as opposed to firms that receive compensation from commissions and other sources) as a key marketing talking point, the fact rem

article thumbnail

Artificial intelligence may boost profit margins 2% over next five years: BofA

CFO Dive

“Investors frequently overestimate the magnitude of tech disruption in the near term and underestimate it over the longer term,” Bank of America said.

Banking 287
article thumbnail

U.S. annual inflation in August fell to 2.5%, lowest since February 2021

Tips Watch

By David Enna, Tipswatch.com U.S. annual inflation continued on a downward trend in August, falling from 2.9% in July to 2.5%, the lowest annual rate in 3 1/2 years. For the month, seasonally-adjusted inflation rose 0.

article thumbnail

MiB: David Rubenstein, The Carlyle Group

Barry Ritholtz

 This week, we speak with David Rubenstein , Co-Founder and Co-Chairman of The Carlyle Group , which manages over $426 billion is private equity, credit and venture funds. Prior to forming the firm in 1987, David practiced law and served as Deputy Assistant to the President for Domestic Policy, as well as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments.

article thumbnail

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.