Sat.Sep 30, 2023 - Fri.Oct 06, 2023

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Should a Fractional CFO Look at Top-Line Revenue or Bottom-Line Profit?

Adam Kae

First things first: What is the top line and bottom line? These refer to the lines on a company’s income statement. Top-line revenue, which shows up at the top of the document, is the company’s gross sales for that year, while bottom-line profit (the bottom of the page) is the company’s net income. This is the amount left over after all taxes have been deducted, together with other expenses for the year: loans and other costs are included here, too.

CFO 52
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How to succeed during economic downturns

CFO Dive

How can the finance department help the enterprise reconsider the role of external operations and the supply chain in supporting their bottom line?

Economics 130
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Trending Sources

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Three distinct generative AI conversations CFOs must conduct

Future CFO

There are three distinct generative AI conversations that CFOs, especially those from large enterprises, must conduct, said Gartner recently. According to the advisory firm, 80% of finance functions of large enterprises will use internal AI platform by 2026, as leadership teams do not want to fall behind peers. However, as the chief steward for an organisation’s financial health, CFOs must balance the risks and rewards of tools like generative AI, said Mark D.

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Innovation in finance: How CFOs can lead the charge

CFO News

One of the primary ways CFOs can lead the charge in innovation is by harnessing the power of technology. The finance industry has witnessed remarkable advancements in recent years, including blockchain, artificial intelligence, and big data analytics. These technologies can be leveraged to streamline financial processes, reduce costs, and improve decision-making.

Finance 98
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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

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938: The Art of the Possible | Jason Leet, CFO, Zylo

CFO Thought Leader

Of the different acquisitions with which Jason Leet became involved at ExactTarget of Indianapolis, Indiana, there’s little question that the seventh was the most impactful on his finance career. As it turned out, this would also be his last acquisition—or perhaps we should say his last ExactTarget acquisition, given that this time it was ExactTarget itself that was being acquired.

CFO 52

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Still Spending Like There’s No Tomorrow

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Rising Rates Hurt – “Investors fear unsustainably high interest rates will spark bank-loan defaults” ►Utilities Crash – Utilities are underperforming the S&P 500 32% YTD.

Finance 60
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The Virtues of “Payback” | Ralph Leung, CFO, Achieve

CFO Thought Leader

939: Creating a Narrative for Growth | Ralph Leung, CFO, Achieve MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

CFO 52
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Why CFOs must steer benefits audits to avoid fines, penalties

CFO Dive

Total monetary recoveries arising from ERISA enforcement actions exceeded $1.4 billion in fiscal 2022.

Auditing 245
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Companies may sacrifice profit margins amid festive sales push

CFO News

Retailers in the consumer goods, white goods, and fashion sectors are expected to prioritize sales growth over profit margins during the festive season. Despite rising raw material prices, companies are reluctant to increase prices and instead opt for promotions to drive demand. This decision may have a negative impact on margins in the October-December quarter.

Sales 52
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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.

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What is a Ready-To-Validate Cloud Platform?

Navigator SAP

Running a life sciences business comes with all the needs and challenges of a typical business, but there also often are additional regulatory considerations. One of those considerations is Food and Drug Administration (FDA) systems validation. Life sciences businesses that serve the U.S. market must prove that their systems engage in FDA-approved processes that meet FDA standards around quality, consistency, traceability and other requirements.

Auditing 221
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10 Quotes That Shaped My Investment Philosophy

Barry Ritholtz

We all love to use quotations in our arguments. It’s both an appeal to higher authority as well as social proof ( Hey! I’m not the only one who believes this stuff ). I find it useful occasionally to go back to first principles and reconsider the sources that have influenced my thinmking. Along those lines, here are in chronological order, the thinkers who have helped shape how I view the world view, including how I philosophically think about the economy, markets, and investing.

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AI champions pitch use cases for CFOs: Workday conference

CFO Dive

“We’re moving to a world with massive amounts of data, massive complexity of data, and data that is continuously changing, and that’s where AI comes in,” said tech executive Rohit Gupta.

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Jupiter Wagons order book to exceed Rs 4,000 crore with revenue visibility for next 3.5 years: CFO

CFO News

Sanjiv Keshri says the company sees a big share of the upcoming Indian Railways tender for about 55,000 wagons; only challenge is execution.

CFO 126
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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.

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Accounting Software for Distribution that Keeps Your Books Organized

Navigator SAP

Distribution companies face challenges brought by large amounts of transactions, vendors, and customers, and the effects these have on their operations and their integrations with suppliers and retailers. To ensure efficiency, accountability, and profitability, it’s crucial to keep your books organized.

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$109 Trillion Global Stock Market

Barry Ritholtz

Source: Visual Capitalist Batnick also takes a swing at this: What’s the Stock Market Worth? The post $109 Trillion Global Stock Market appeared first on The Big Picture.

Marketing 133
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PCAOB chief slams auditors for 40% error rate

CFO Dive

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing 341
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IPO fundraising in India falls by 26 per cent in H1FY24, 31 firms raised Rs 26,300 crore

CFO News

According to the report by primedatabase.com, the average deal size for IPOs was Rs 848 crore and 21 out of the 31 IPOs came in just two months of August and September.

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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.

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Supply Chain Optimization Software: Streamline Your Operations With ERP Software

Navigator SAP

Whether you’re a manufacturing or logistics organization, you need to streamline your operations with the right enterprise resource planning (ERP) software. This type of program utilizes predictive analytics to optimize the outcomes of business operations through historical data and the flow of current-state transactions.

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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. After a buzzy open, when the stock jumped from its offering price of $30 a share to $42, the stock has quickly given up those gains and now trades at below to its offer price.

Valuation 106
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FASB revisits GAAP cleanup

CFO Dive

The board may remove some "non-authoritative" definitions from the codification — effectively the bible of generally accepted accounting standards.

GAAP 300
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At 57.5, India manufacturing PMI softens in September to five-month low: S&P Global

CFO News

S&P Global said India's factory activity still remained solid, with strong demand driving business confidence to its highest level this year, despite increased inflationary pressures.

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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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The Benefits of an Inventory Management System: How The Right ERP Helps Manage Inventory

Navigator SAP

Wholesale distribution software is an indispensable element in a distribution company’s toolkit. It brings a ton of value, especially in the way that it facilitates visibility, accountability, productivity, collaboration, and cost-efficiency.

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Market Bipolarity: Exuberance versus Exhaustion!

Musings on Markets

As we enter the last quarter of 2023, it has been a roller coaster of a year. We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. In the first half of the year, we had positive surprises on both fronts, as inflation dropped after than expected and the economy stayed resilient, allowing for a comeback on stocks, which I wrote about in a post in July 2023.

Marketing 106
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CFO events for Q4 2023, all of 2024

CFO Dive

As the year draws to a close, it’s time for finance leaders to look toward future strategies. CFO Dive’s got a list of upcoming conferences and meet-ups to keep you covered.

CFO 273
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At 61.0, India’s services sector witnessed robust growth in September

CFO News

According to S&P Global, business sentiment for the next 12 months rose to the highest since June 2014, while firms continued to hire for the 16th consecutive month.

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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.