Sat.May 13, 2023 - Fri.May 19, 2023

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CFOs: Layoffs ultimately harm shareholder returns

Future CFO

CFOs tend to underestimate the impact of layoffs on shareholder returns, said Gartner recently. Given a higher cost of capital, renewed investor focus on profitable growth and widespread forecasts of a global recession, CEOs are asking their CFOs to reduce costs, said Vaughan Archer, senior director, research and advisory in the Gartner Finance practice.

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898: Making Finance Proactively PersuasiveĀ | Russell Lester, CFO, Versapay

CFO Thought Leader

By the time Russell Lester landed inside Intuitā€™s department of analysis in 2009, the unremarkable career path on which he had first set out nearly 10 years earlier had become brimming with possibilities. Back in the early 2000s, Lester tells us, he was hired by the company Harland Clarke (now Vericast) as an analyst specializing in customer information and insights.

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Trending Sources

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The new CFO: Taking your organization to the next level

CFO Dive

A strategic CFO can elevate your organization by helping you navigate the complexities of growth initiatives, minimizing costs, and leveraging technology.

CFO 254
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Tech, talent, and inflation are top priorities for CFOs in 2023: Report

CFO News

For businesses to stay afloat, companies need to shift focus on value consciousness across the business improving efficiencies, enhancing controls, and building trust and collaboration, the report said.

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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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Data key to grasping generative AI fundamentals

CFO Dive

As more companies try out generative AI, understanding the role and importance of the data underpinning these models is crucial for CFOs.

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More Trending

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When to Use RPA Automation: A Step-By-Step Guide

Navigator SAP

Anyone who has been assigned the task of cutting and pasting the contents of one massive spreadsheet into another can attest that repetitive, tedious tasks aren't the best use of their abilities. It is not only boring for the individual doing the work, but often results in errors.

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What Are the Primary Benefits of an ERP System? Exploring the Advantages

Navigator SAP

To remain competitive in an ever-changing economy, organizations must be adaptable and future-ready. The business landscape constantly evolves with new technology, consumer preferences, and market trends changing regularly. Companies must be able to react quickly and efficiently to these developments. A cloud-based enterprise resource planning (ERP) solution is critical for companies today.

Planning 130
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ā€œThe Need to Know Whyā€ ā€“ Every CFOā€™s Greatest Credential | Russell Lester, CFO, Versapay

CFO Thought Leader

CFO GUEST: Russell Lester of Versapay Russell Lester: I remember being in the middle of transitioning out of working from multi-billion dollar companies and moving into the startup world. Smaller companies and operational work that I really had little to no prior experience and that’s a vulnerable place to be. Anytime we’re learning something new, there’s great vulnerability and there’s the potential of, and there is the certainty and potential of failure or getting some

CFO 52
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What Is the Main Purpose of an ERP System? A Comprehensive Guide

Navigator SAP

Enterprise resource planning (ERP) systems are powerful tools designed to help enterprises manage their resources more effectively and streamline their daily operations by automating the critical areas of their businesses. This is why the ERP system market has been on a steady rise over the last five years.

Planning 130
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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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Ex-fabric CFO accused of losing $35M in crypto crash

CFO Dive

The former CFO is charged with investing the funds without permission into his own crypto venture before losing them during the market’s crash, according to a federal indictment.

CFO 261
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120,000

The Reformed Broker

Just wanted to take a moment to recognize the incredible work my media and research teams have been doing to propel The Compound channel past 120,000 subscribers this month. And that 120k is just a fragment of the audience because almost everything we do on video is also on the audio podcast channels too. For those who are new to what we’re doing at the Compound YouTube channel each week, below is the schedule of w.

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ā€œNo matter how you cut it, youā€™ve got to own Ciscoā€ (2000)

Barry Ritholtz

One of the core philosophical beliefs I hold dear is that the future is inherently unknown and unknowable. This tends to be true for the vast majority of people almost all of the time. The world is full of endless, random, often-invisible factors that greatly impact outcomes. Our own psychology works against our understanding this: Our hindsight bias allows us to see these unknowable results with perfect after-the-fact clarity; that fools us into believing our prior expectations turned out to be

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FDA and GxP Validation for SAP Business ByDesign ERP

Navigator SAP

Following good manufacturing practice (GMP) guidelines help businesses run more efficiently and ensure that product quality and consistency are maintained. Life sciences businesses such as pharmaceutical makers and medical device manufacturers not only benefit from GMP adherence but they also are required to follow it according to FDA regulations. The processes that life sciences businesses follow must be validated in line with FDA regulations 21 CFR.

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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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Costs again rank as top finance automation hurdle

CFO Dive

In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.

Finance 256
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The Greatest Wealth Transfer in History Is Here

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: ā–ŗEinhorn, Burry, Buffett – David Einhorn and Michael Burry were buying regional banks in Q1. ā–ŗPositive Surprises – “This will upset a lot of gloom and doomers, but oh well” ā–ŗWealth Transfer &#8.

Finance 116
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Inflation Expectations Are Useless

Barry Ritholtz

Jerome Powell and the Federal Reserve spend a lot of time worrying about Inflation Expectations. They shouldn’t. Sentiment surveys in general are mostly useless (except at the extremes). They aren’t merely lagging, backward-looking indicators, but instead, tell you what the public experienced 3- 6 months ago. Beyond short-term extrapolation, they have little to no ability to provide insight into intermediate-term (6-12 months) inflation.

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Why are CFOs most in-demand in startups now?

CFO News

Small or big , established or startups, the gradual emergence of CFOs as viable resources capable of gaining the trust of VCs and PEs is gaining traction. It's no longer a voluntary appointment for CEOs and top management, it's going towards a stage of "must have" for the start-ups going by the trends.

Startups 105
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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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Lyft CFO steps down in latest of leadership changes

CFO Dive

In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.

CFO 261
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Why ChatGPT Is No Threat To Real Advisors

Nerd's Eye View

The financial advisory industry has faced many purported technological ‘threats’ over the past several decades. From the introduction of computers to the rise of the internet to the emergence of ‘robo-advisors’, there has been no shortage of innovations that would allegedly reduce the need for consumers to work with (human) financial advisors.

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10 Bad Takes On This Market

Barry Ritholtz

Let’s see if I can find something to counter and/or undercut each of these 10 items listed in this morning’s tweet above: 1. Only 5 stocks driving markets?! Then why are Equal-weighted indices doing so well? Equal-weighted Nasdaq100 up 17% since the June lows for the market because ā€œitā€™s only 5 stocksā€? How bad at math do you need to be to think that itā€™s only 5 stocks driving this market?

Marketing 113
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Breaking: RBI to withdraw ?2000 notes from circulation, to be exchanged by September 30

CFO News

Breaking: RBI asks banks to provide deposit and/or exchange facility for ā‚¹2,000 notes until September 30, 2023. Explaining the move, the RBI said: ā€œAbout 89% of the ā‚¹2000 denomination banknotes were issued prior to March 2017 and are at the end of their estimated life-span of 4-5 years.

Banking 98
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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin Oā€™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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CFOs bullish on M&A prospects: survey

CFO Dive

The research revealed that a large number of business leaders are optimistic about the economy, with more than half expecting the expansion to continue.

Numbers 261
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Investing For Nonimmigrant Visa Holders: Understanding Visa Types, Investment Challenges, And Tax Implications

Nerd's Eye View

Amid a tight job market and low unemployment rates, a significant amount of the U.S. ‘talent gap’ is filled by foreign-born workers on employment visas like the H-1B. These visas allow foreign workers to live and work in the country temporarily while they are employed – although in practice, this can mean that individuals can spend years or decades (or even their entire career) working in the U.S. on a ‘temporary’ visa.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: ā€¢ He wrote a book on a rare subject. Then a ChatGPT replica appeared on Amazon. From recipes to product reviews to how-to books, artificial intelligence text generators are quietly authoring more and more of the internet. ( Washington Post ) ā€¢ The Crypto Winter Cost People More Than Their Money : Some acolytes lost faith, others blamed devilsā€”and some went even harder.

Leverage 108
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India Inc's dealmaking activity declines 47% to USD 5 billion in April 2023 : Grant Thornton

CFO News

Till date year 2023 overall saw a significant decline both in terms of deal volumes by 46% and deal values by 76%, amounting to USD 14.7 billion, owing to global headwinds from rising interest rates and elevated inflation levels.

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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 clientā€™s needs.