Sat.Sep 09, 2023 - Fri.Sep 15, 2023

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Is Humpty Dumpty Your Mentor?

CFO Simplified

We all like to stick with the tried and true. The success we’ve had in the past is a good path to follow into the future. The problems we’ve faced and surmounted are familiar to us. We’re confident that we can beat them because we’ve done it in the past. And the road that we’ve travelled is a comfortable one. Why do the extra work to find a new path, to find a new direction?

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How a CFO Selects and Manages Vendor Relationships Using the 3 P’s

CFO Selections

Among a CFO’s many duties is selecting and managing the company’s key vendors. Typically, these include banks and other capital providers, investment advisors, key software vendors, insurers, benefits and retirement services brokers, HR/payroll service providers, and audit and tax experts. Other than client relationships, these are often among a company’s most important business relationships.

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Trending Sources

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Why AP automation is a smart investment for CFOs

CFO Dive

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

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What it takes to be a leader with competence and capabilities

Future CFO

“I think we need to recognise that the CFO role can mean a lot of different things in different businesses. It really depends on the type of business, their strategy and the type of skills they want the CFO to lead on.” Dan Wells, CFO at GrowCFO Charisma. Persuasive. Powerful. These are qualities we often equate with leaders of the past. But times have changed.

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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.

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Segregation of Duties to Prevent Embezzlement

Michigan CFO

In the business world, efficient and accurate processes are essential to smooth operations and safeguarding against potential fraud or errors. An integral part of this is the concept of “Segregation of Duties” (SoD). What is Segregation of Duties? SoD is a risk management strategy that divides critical financial tasks among various individuals. The core idea behind this is simple yet profoundly impactful: No single individual should have control over all aspects of any single transaction.

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Cash Cash Cash Cash

CFO Simplified

Everyone knows how important cash is to the business owner. But it’s not just a matter of knowing how valuable cash is in running your business. What you need to know is how to manage the cash by predicting not only your cash needs and future availability, but also measuring how well you used your cash last month. Of course, planning is the key to any successful activity, and cash is not excluded from the planning cycle.

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Global Great Resignation continues despite softening economy

Future CFO

Global Great Resignation looks to continue despite a cooling economy globally, said PwC recently when releasing its 2023 Global Workforce Hopes and Fears Survey which details the attitudes and behaviours of nearly 54,000 workers in 46 countries and territories. One in four (26%) employees say it is likely they will change jobs in the next 12 months, up from 19% last year, survey results indicated.

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AI and CFOs' cash flow management

CFO News

AI has emerged as a transformative force in cash flow forecasting and management, offering automation, precision, optimization, and skill enhancement. By harnessing the power of AI, businesses can navigate the complexities of cash flow with greater confidence and efficiency, ultimately contributing to their financial health and sustainability.

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PwC curbs US offerings, pushes auditor independence

CFO Dive

The Big Four firm is curbing its U.S. consulting offerings as concerns over auditor independence continue to swirl.

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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.

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An ERP Foundation that Grows with You

Navigator SAP

Each phase of a company’s growth looks different. When a company starts, it needs flexibility and speed. As a business grows larger, process standardization and infrastructure start becoming important. Then when a medium-sized business makes the jump to enterprise status, it needs capacity, rock-solid reliability, enhanced delegation features and the ability to handle extra complexity.

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MiB: Jon McAuliffe, the Voleon Group

Barry Ritholtz

This week, we speak with Jon McAuliffe , who is co-founder and chief investment officer at the Voleon Group , heading the firm’s investment strategy, research, and development. Previously, he developed and managed statistical arbitrage trading strategies at D.E.Shaw. McAuliffe has a unique track record of successful innovation applying statistical methods to real-life prediction problems, particularly in the financial markets.

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India added 5.2 crore new formal jobs in FY20-23: Report

CFO News

Analysis of EPFO payroll data showed there were 48.6 million nnew EPF subscriber additions during FY20 to FY23 while 3.1 million new subscribers were added to the NPS during the period, the report said.

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Most workers use AI, usually without company safeguards

CFO Dive

Workers are quickly adopting generative AI, and most of them believe the powerful tools do not threaten their jobs, the Conference Board said.

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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.

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U.S. inflation rose 0.6% in August; what does it mean for TIPS, I Bonds and Social Security?

Tips Watch

By David Enna, Tipswatch.com As expected, rising gasoline prices pushed U.S. inflation higher in August, rising a seasonally-adjusted 0.6% for the month and increasing 3.7% year-over-year, the Bureau of Labor Statistics reported today.

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Budget vs Actuals: The Key to Measuring Business Performance  

Centage

Staying on top of your financial performance is vital for running your business. Unfortunately, creating a perfect budget doesn’t mean that you’ll follow it. Budget vs actuals analysis is one of the most effective ways to maintain a clear picture of your company’s performance. Budget vs actuals analysis allows you to assess how well your organization is following its financial plans.

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DPI, Digital Economy, Cryptocurrency: Key takeaways from G20 Summit 2023 consensus

CFO News

Among the key issues discussed at the meeting were building Digital Public Infrastructure, Digital Economy, Cryptoassets, CBDC, among others. The G20 members also agreed to commit to promote responsible, sustainable and inclusive use of digital technology by farmers and an ecosystem of Agri-Tech start-ups and MSMEs.

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CEOs trim hiring plans

CFO Dive

CEOs at many of the biggest U.S. companies forecast that the economy will grow 2.1% this year, according to the Business Roundtable.

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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.

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Boxes & Lines: Poking Holes in the Financial Status Quo

Barry Ritholtz

Join us for a thought-provoking live podcast event from IEX Exchange’s “Boxes and Lines” podcast hosted by Ronan Ryan and John Ramsay, as they take on the latest trends, innovations, and technologies shaping e-commerce and web3 This week’s edition: Me ! Barry Ritholtz On Poking Holes in the Financial Status Quo: The Myths of Inflation, and Having the Patience to Get Rich Slowly Here is their description: Barry Ritholtz, CIO of Ritholtz Wealth Management, and host of the popular Bloomberg p

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5 Ways Sage Intacct Customers Can Benefit from Report Automation

Lime Light

In a world of exponentially growing data, getting insights for your organization might be comparable to ascending Mount Everest with only a couple of hours to prep. If you are like many of us trying to navigate change in your organization, supporting multiple functions and jumping from one system implementation to the next, you might be wondering if there is one one solution for everything.

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PM Modi lays foundation stone for Rs 49,000 cr refinery expansion project in MP

CFO News

While laying the foundation stone of the Petrochemical Complex at Bina Refinery, the Prime Minister said that it will be a step forward in the direction of Atma Nirbharta in the petrochemical industry.

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EY launches $1.4B AI-focused platform

CFO Dive

The Big Four firm’s dedicated AI group comes as accounting and financial firms continue to write large checks aimed at cashing in on the technology’s potential.

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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.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Hip-hop stars and financial luminaries: Ritholtz Wealth Management redesigns the investment conference : Roughly 3,000 attendees are gathered to hear hip-hop legends Method Man and Redman, and financial headliners like Jeremy Siegel, Jeff Kleintop, Emily Roland, Cliff Asness, Jeff Gundlach and Jan van Eck. Plus there’s dancing, swimming, surfing, yoga, pizza and sushi and beer and wine sessions.

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Weekend Reading For Financial Planners (September 16-17)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey indicates financial advisors are the most trusted source of financial advice for consumers across generations, and are particularly trusted among wealthier individuals. Further, the survey results suggest that advisors who offer comprehensive services tailored to the needs of their target clients are likely to be more successful both retaining their current

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EY reports global revenue of $49.4 billion, a 14.2% jump

CFO News

Consulting grew fastest at 21.6% to $16.1 billion, followed by tax practice which grew 12.2% to $12.01 billion. Assurance business grew 11% to $15.1 billion. Strategy and transactions grew 8.4% to $6.01 billion.

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Grayscale CFO says FASB met the crypto moment

CFO Dive

Ed McGee’s praise for the new crypto rules comes as the digital asset manager is battling the SEC to launch the first bitcoin exchange-traded fund.

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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.