Sat.Jul 29, 2023 - Fri.Aug 04, 2023

article thumbnail

M&A slump raises bar for seller CFOs

CFO Dive

The mergers and acquisitions boom is long over. The best CFOs are cleaning up their books and arming their CEOs with key data to win offers anyway.

article thumbnail

9 Advantages of an Outsourced Virtual Finance Department

Driven Insights

If you receive accurate, insightful financial and operating reports each month -- without taking time away from where you need to be adding value -- and that information fuels the decisions that drive your business month after month, then there’s no need to read on. However, if you’re like most small business owners (or advisors/investors thereof), real game-changing information is as fleeting as time in the day.

Finance 83
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

What it takes to become a value-adding CFO

Future CFO

To become a value-adding CFO, one needs to adopt integrative thinking, said ACCA recently. CFOs need to change their mode of operation to successfully navigate complex multi-dimensional problems, according to the accountancy body’s latest research. According to ACCA, CFOs have an immense responsibility and career-defining challenge in helping their organisations navigate complex multi-dimensional problems.

CFO 52
article thumbnail

Do You Need to Switch to a Rolling Forecast?

CFO Selections

If you’re wondering whether your company needs to switch to a rolling forecast, it’s important to look at why you’re asking. The simple act of questioning whether your current budgeting process is sufficient likely indicates that you have identified a shortcoming in your current budgeting process that provides an opportunity for improvement. Moving to a rolling forecast may offer benefits over your existing methodology, but it’s important to understand the pros and cons associated with using a r

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

It’s time for family-owned firms to put private equity on the table

CFO Dive

Well-publicized cases of bad behavior have fueled certain biases against private equity. But family-owned businesses shouldn’t ignore the financial lifeline that PE can offer, Bob Goldsmith argues.

240
240

More Trending

article thumbnail

Capitalising on the Fintech apps in APAC

Future CFO

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific.

article thumbnail

How finance chiefs can cut back on IT spending waste

CFO Dive

To tackle outdated or redundant tech driving up IT spending costs, CFOs need to work with CIOs to create a “common plan,” LeanIX’s Christian Richter said.

Finance 246
article thumbnail

AIs Impact on Corporate Finance

The Finance Weekly

Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. With the emergence of , AI tools and Large Language Models (LLMs) like ChatGPT, Google Bard, and BERT, professionals in these fields can benefit from enhanced capabilities and streamlined processes. In a recent webinar sponsored by Datarails , the FP&A solution for Excel users, three distinguished finance leaders came together to discuss the impact of AI on corporate f

article thumbnail

Fintech lenders see profits in FY23 after rough couple of years

CFO News

After years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their businesses over the next two years.

52
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 Disadvantages of Cloud-based ERP

Navigator SAP

Cloud-based enterprise resource planning systems (ERP) are becoming the norm among businesses as backend processes are fully moved to the cloud as part of an organization’s digital transformation strategy. Cloud ERP does have its downsides, however, as with all technology. Chief among the disadvantages of cloud-based ERP is limited customization. With cloud-based ERP, as with all cloud services, standard processes replace the customization that often comes with on-premise software.

SAP 130
article thumbnail

Uber confirms long-time CFO’s exit

CFO Dive

CFO Nelson Chai will depart from the ride-share company next year as Uber continues to focus on profitable growth. It reported its first-ever quarterly GAAP operating profit Tuesday.

GAAP 246
article thumbnail

Female leadership in finance: Closed doors lead to exciting opportunities

Future CFO

Editor’s note: Have you ever had any regrets from unrealised dreams? Clodagh Farrell (pictured), Vice President and Chief Financial Officer, Asia Pacific, Middle East and Africa, DXC Technology , once dreamt to become a dress designer, but financial constraints back then drove her to choose business and finance, which eventually opened up a huge world filled with exciting opportunities.

article thumbnail

NFRA debars auditor of Bartronics India for 10 years

CFO News

​The order came after NFRA received information from the Ministry of Corporate Affairs regarding irregularities observed by the Financial Reporting Review Board (FRRB) of Indian Institute of Chartered Accountants of India (ICAI).

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

Round Trip

Barry Ritholtz

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Blame whatever you want – Too far, too fast? End of ZIRP? Too rapid rate increases? – but the giveback off the highs was substantial: S&P 500 was down ~23%, Russell 2000 was off 27%, and the Nasdaq 100 came down 32%.

article thumbnail

Moody’s finance chief leaves for new CFO gig

CFO Dive

The parent of the credit rating giant Moody’s Investors Service tapped its chief accounting officer to step in as interim CFO as it hunts for a permanent finance chief.

CFO 245
article thumbnail

What CFOs should keep in mind in the age of AI

CFO Talks

Written by Leigh Schaller At the recent CFO Africa conference, four CFOs shared their thoughts on managing the tech transitions and whether AI poses an existential threat to CFOs. CFOs (from left) Chengai Ruredzo, Veliswa Rozani, Averen Deonanan and Scott Farrell discuss the role of automation in the CFO landscape at the CFO African Conference in Johannesburg.

CFO 98
article thumbnail

Sebi provides clarity on online resolution of disputes framework

CFO News

Capital markets regulator Sebi on Friday provided more clarity on the framework concerning online resolution of disputes in the Indian securities market. Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant.

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

10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning Plane reads: • A Generational Change : People view bonds as competition for stocks as a bad thing. But it’s not.( Irrelevant Investor ) see also Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99 : Fixed income underwhelms as Teflon economy strands bears More than half of JPMorgan clients now see no recession. ( Bloomberg ) • Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 mill

article thumbnail

Microsoft aims for phased FP&A tool rollout

CFO Dive

The software giant is being cautious as it rolls out its new AI-powered FP&A tool, which is currently being tested with selected clients in a “private preview” phase.

244
244
article thumbnail

How to Make Your Annual Budget Process More Efficient and Collaborative 

Centage

Getting ready for budget season is a big task. If you don’t handle it effectively, you can struggle through the process to create a workable budget. It can affect the company’s performance all year long. Budgeting probably won’t be fun. Leaders would most likely rank “budget season” far down on the list of favorite times of the year.

article thumbnail

At 62.3, India's services sector growth fastest in 13 years on strong demand

CFO News

According to S&P Global, the upturn in total new orders was boosted by a pick-up in international sales, while operating costs rose at the fastest pace since June 2022 and firms passed on some of that burden to customers.

Sales 98
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

212: Claudene Pillay: On how the power of community helps with imposter syndrome

CFO Talks

Claudene Pillay: On how the power of community helps with imposter syndrome Written by: Leigh Schaller “I became a CFO at a very young age. I was in my early thirties, and with that comes many challenges,” Claudene Pillay CFO of The Institute of Risk Management (IRM), told the CFO Club Podcast. “As a young person going into a leadership role, you suddenly have a huge amount of boardroom exposure.

article thumbnail

Trintech CFO taps ‘club’ loan for $230M Fiserv deal

CFO Dive

“The M&A market has had a lull but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive.

CFO 246
article thumbnail

Get Tighter Control of Your Business with Outsourced & Virtual Bookkeeping

Driven Insights

As a business owner, it’s natural to be hesitant to hand over the reins of your accounting processes and financial reporting to an outsourced virtual bookkeeping firm. You trust your in-house bookkeeper to file the taxes, get the bills out on time and do a reasonable job of collections. Reports may lack detail, but the control is comfortable and supports a steady pace.

article thumbnail

Aditya Birla Group company buys KA Hospitality

CFO News

Aditya Birla Group's hospitality arm, Aditya Birla New Age Hospitality (ABNAH) has acquired a 100% stake in KA Hospitality Private Limited (KAH), the company that owns the home-grown brand CinCin and franchise rights of the other three global restaurant brands.

98
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.