Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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Banks Need a Digital Strategy to Manage the $84 Trillion Generational Wealth Transfer

Global Finance

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet. More immediately, however, this unprecedented transfer of wealth represents a major challenge for banks, particularly those who provide services to high-net-worth individuals.

Banking 105
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3 Financial Statements to Measure a Company's Strength

Lime Light

Companies invest significant time in gathering data and preparing financial statements but struggle to get the most value from them. The complexity of financial reporting arises from managing variables like revenue timing, expenses, and working capital, which distorts the overall financial picture if not carefully handled.

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Trending Sources

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IMF sees India driving growth in Asia-Pacific region

CFO News

India remains the world's fastest-growing economy with investment and private consumption driving growth, according to the IMF's latest Regional Economic Outlook for Asia-Pacific.

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The Backbone of Sustainable Business Growth

CFO Plans

In today’s dynamic financial landscape, Discover Strategic Financial Planning Solutions that are more than a necessity; they’re the backbone of sustainable business growth. As companies in the financial services industry aim to navigate uncertain economic climates, creating a robust financial roadmap becomes essential. This article delves into the critical components of strategic financial planning, offering a comprehensive guide for organizations seeking to enhance their financial h

CFO 52
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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

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How to Create a Financial Business Plan for a New Venture

CFO Selections

Every year, millions of people have a great idea for a product or service. It might be either the formation of a new business or an addition to a current organization. Some never get off the ground, but some end up changing the world! According to recent data , 90% of startups fail every year, but the remaining 10% offer the potential to shape how we live our lives and transform the communities around us in significant ways.

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The Power of Listening in Effective Negotiation

CFO Talks

The Power of Listening in Effective Negotiation When it comes to negotiation, people often think of strong arguments, clear facts, and the best pitch. But here’s the twist—real negotiation power often lies in something much quieter: listening. Listening is more than a soft skill; it’s a secret weapon. In a role filled with financial data, strategic meetings, and high-stakes decisions, active listening can drive better outcomes and turn tough conversations into collaborative wins.

CFO 97
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Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Nerd's Eye View

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning. Today, the industry has evolved further, with a growing emphasis on aligning financial decisions with clients' personal priorities and life goals.

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Endowus MD & Head of HK: Learn how to live with occasional self-doubt

Future CFO

Editor’s note: In today’s Female Leadership for Business , Steffanie Yuen (pictured), Managing Director and Head of Hong Kong at Endowus , a digital wealth platform in Asia shared with FutureCFO audiences how she moved from investment banking to wealth management and why she loves mountain climbing. FutureCFO: Can you briefly describe your career journey?

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Unlocking the Potential of Ultra-High Net Worth Philanthropy

The Charity CFO

The potential within ultra-high net worth philanthropy is truly world-changing, and that’s no exaggeration. In this episode of the Modern Nonprofit podcast, host Tosha Anderson interviews Alex Johnston, founder of Building Impact Partners and author of “ Money with Meaning : How to Create Joy and Impact Through Philanthropy.” Building Impact Partners is a philanthropy advising practices that has helped its clients give away over $1 billion dollars since its founding in 2012.

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Solve Your Firms 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.

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News Corp’s new CFO to receive $2.6M one-time equity bonus

CFO Dive

Lavanya Chandrashekar, 52, most recently CFO of beverage company Diageo, will replace Susan Panuccio, who has held News Corp’s finance reins since 2017.

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Commerce Anywhere and How ERP Helps

Navigator SAP

There was a moment, between 2018 and 2021, when it seemed like the future of business was largely direct-to-consumer sales (DTC). Eyeglasses firm Warby Parker was crushing it, selling more than 100,000 pairs of eyeglasses in its first year. Peloton was taking the world by storm with its direct-to-consumer exercise equipment. Businesses were cropping up right and left with DTC business models, and investors were lavishing tech valuations on these companies.

Valuation 202
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Yousef Khalawi Of AlBaraka Forum On Growth Of Islamic Finance

Global Finance

Global Finance spoke with Yousef Khalawi, secretary general of the AlBaraka Forum for Islamic Economy, about the role of Islamic finance and economics as a holistic and sustainable framework for all economies. Global Finance: Against a backdrop of rising debt, geopolitical and economic instability, how is the role of Islamic finance evolving to address emerging global challenges?

Finance 116
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Remembering Richard LaValla

Focus CFO

We are saddened by the passing of our friend and colleague Richard LaValla. Richard was a brilliant fractional CFO, whose financial acumen was matched by his kindness and authenticity as a human being. Richard's impact was deeply felt by those who worked alongside him, both as colleagues and clients, as evidenced by the heartfelt tributes below.

CFO 98
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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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FASB issues new, long-anticipated income statement expense rules

CFO Dive

Compliance with the standards update “isn’t going to be cheap” for many firms, but the FASB has taken steps to reduce the cost to preparers, board member Fred Cannon said.

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Webinar: Kick Your Tired Old ERP Out of the Slow Lane and Accelerate into the Future with Bramasol’s 90-Day Pre-Packaged Solution in SAP Cloud!

Bramasol

SAP Cloud Public Edition has emerged as a leading solution for bringing together ERP, finance, and a wide range of line-of-business capabilities for companies of all sizes and across many industries. Designed around clean core technology, SAP Cloud combines fit-to-standard reliability and maintainability, along with built-in extensibility to seamlessly add unique capabilities where you need them.

SAP 95
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Tesla’s Solar ABS Deal Raises Standards In Financing Renewables

Global Finance

Tesla is setting new standards in renewable financing with its latest solar asset-backed securitization (ABS) deal, earning an unprecedented AAA rating. Fitch Analyst Hebbertt Soares notes that Tesla’s integrated business model, which bypasses traditional sales channels, may establish a blueprint for achieving top-tier credit ratings in a sector often limited by data and regulatory scrutiny.

Finance 105
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Holistiplan Launches Estate Plan Document Extraction Tool (And More Of The Latest In Financial #AdvisorTech – November 2024)

Nerd's Eye View

Welcome to the November 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technol

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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ADM reveals more accounting errors, cancels earnings call

CFO Dive

The global grain trader’s accounting practices and internal controls have been under scrutiny since January when it revealed an internal probe was underway.

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MiB: Peter Goodman, How the World ran Out of Everything

Barry Ritholtz

 This week, we speak with New York Times Global Economic Correspondent Peter Goodman. Prior to the New York Times, Peter began his career as a freelance writer in Southeast Asia before serving as The Washington Post’s Asia Economic Correspondent and later Shanghai Bureau Chief. He has since reported from over 36 countries, holds two Gerald Loeb awards and eight prizes from the Society of American Business Editors and Writers.

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SAT Televenture to acquire Tikona Infinet for Rs 669 cr

CFO News

Tikona Infinet will become a significant subsidiary of SAR Televenture and Tikona shareholders will get SAR Televenture shares.

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ION wins “best low-latency trading network of the year” at Buy-Side Technology Awards 2024

Reval

​LONDON – 04 November 2024: ION, a global leader in trading and workflow. The post ION wins “best low-latency trading network of the year” at Buy-Side Technology Awards 2024 appeared first on ION.

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The New Frontier: A Guide to Monetizing AI Offerings

Speaker: Michael Mansard and Katherine Shealy

Generative AI is no longer just an exciting technological advancement––it’s a seismic shift in the SaaS landscape. Companies today are grappling with how to not only integrate AI into their products but how to do so in a way that makes financial sense. With the cost of developing AI capabilities growing, finding a flexible monetization strategy has become mission critical.

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Consumer expectations hit highest level since July 2021: survey

CFO Dive

Expectations for personal finances have improved amid indications that many Americans, when looking back four years, believe their financial well-being has declined.

Finance 243
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ATM: What Never Changes with Money

Barry Ritholtz

 ATM: Title At the Money: What Never Changes with Money (November 6, 2024) As much as our era seems to be unprecedented, Human nature is same as it ever was. Our behavior around risk and reward has been very consistent over the millennia. Full transcript coming soon. ~~~ About this week’s guest: Morgan Housel is a partner at the Collaborative Fund and author of “ The Psychology of Money: Timeless lessons on wealth, greed, and happiness.

Finance 57
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Why traditional budgeting methods are failing modern CFOs

Jedox Finance

Change is nearly constant in today's financial landscape, and traditional budgeting methods often fail to meet the evolving needs of modern organizations. This article will explore the limitations of conventional budgeting practices and examine how modern financial planning and analysis (FP&A) tools are transforming the budgeting process. Read on to discover how CFOs can harness [.

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Beyond Numbers: Measuring Success in the New Age of Finance

CFO Talks

Beyond Numbers: Measuring Success in the New Age of Finance Imagine running a company where profit isn’t the only measure of success, and the focus shifts to include all areas of impact—from the well-being of employees to environmental responsibility. CFOs are discovering that true success is about more than a healthy balance sheet. Here are some of the new ways to measure success that can add lasting value for businesses in South Africa. 1.

Numbers 52
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How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?