Sat.Jun 10, 2023 - Fri.Jun 16, 2023

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The International CFO Alliance: A Global Initiative to Elevate the CFO Profession

CFO Talks

Written by staff writer In an exciting development for CFO leaders worldwide, the International CFO Alliance held its inaugural meeting in Tunisia on June 9, 2023. This milestone event, hosted by Tunisia’s local CFO association, COGEREF, brought together CFO leaders from 15 associations spanning Northern and Southern Africa, Europe, and Central America.

CFO 97
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Advice for New CFOs, A Book Pick, 12 Mo. Priorities | Taryn Aronson, CFO, Tovala

CFO Thought Leader

CFO GUEST: Taryn Aronson, CFO, Tovala 906: When Strategy and Profits Meet | Taryn Aronson, CFO, Tovala At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world. Imagine every transaction you make — every tank of gas, cup of coffee, or pair of sneakers, every movie ticket, meal kit, or streamed song, every sensor-to-sensor ping.

CFO 52
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Trending Sources

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As software migrates to cloud, IT spending waste follows

CFO Dive

Enterprise technology asset managers are shifting their focus from desktops and data centers to containers and cloud, as SaaS solutions proliferate.

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The Day the Treasury Topped

The Reformed Broker

The parabolic spike in 2-year Treasury bond rates this winter ended with a crescendo on Thursday, March 9th and Friday March 10th. That week, the collapse of Silicon Valley Bank had thoroughly spooked the markets and convinced traders that the Federal Reserve would be forced to start downshifting its hiking cycle and the accompanying hawkish rhetoric.

Treasury 138
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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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Generative AI revenues projected to reach $36B by 2028

CFO Dive

The nascent generative AI market is poised for rapid growth in coming years, with total revenues projected to increase tenfold by 2028, S&P Global Market Intelligence says.

Marketing 286

More Trending

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Wells Fargo CFO warns of commercial real estate weakness

CFO Dive

Wells Fargo CFO Michael P. Santomassimo is the latest big bank executive to detail commercial real estate distress and its potential impact on lenders.

CFO 328
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ERP: The Secret Weapon for Project-Based Companies

Navigator SAP

Many of the trends in business today come from the software industry. This is both because technology plays an increasingly important role in business, and because some of the most prominent businesses today are software-based. This has led to many software-industry concepts bleeding over into other lines of business. One of those concepts is project-based operations.

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Americonned

Barry Ritholtz

@TBPInvictus here: Contrary to 40+ years and counting of “trickle down” narrative, the reality is that the gap between the 1% and everyone else (let’s say the bottom 90%) has never been wider. It’s become a chasm, and the charts below tell the story. Here is the wealth share of the bottom 90% and the Top 1%, equalized in 1989: Here is both the share (scale at Left ) and level (scale at right) of total net worth held by the Top 1%.

Numbers 133
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Joint Audit may increase risks; no evidence that it improves audit quality says BSR Head

CFO News

Sudhir Soni says there is also a risk of something slipping through the cracks as in a joint audit responsibility gets divided and allocation of work may get missed.

Auditing 116
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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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CFOs lower growth expectations, cut costs: Deloitte

CFO Dive

Finance leaders are less willing to take on new risks and less optimistic about their companies’ financial prospects as their CEOs urge them to continue slashing costs.

Finance 321
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Manufacturing ERP Industry-Specific Solutions: What You Need to Know

Navigator SAP

Selecting the best software for your operating space and organization is essential. One of the common ERP software selection mistakes is picking a generic product that doesn't meet your core requirements.

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Record 401(k) Participation at Vanguard Plans

Barry Ritholtz

Vanguard is out with its annual deep dive into what its 5 million 401k participants are up to. The firm’s release of How America Saves is chock full of data and charts showing how 401k savings have reached all-time highs at Vanguard; I expect other large plan managers like Fidelity and Schwab to be at or near similar levels. VG credits the impact of automatic enrollment/contribution escalation as leading savers to this milestone. “ Record highs in participation, deferral rates, and the use of p

Planning 114
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Micron nears $1 billion investment in India chip packaging plant

CFO News

Micron Technology is in discussions to establish a semiconductor packaging factory in India worth at least $1bn, according to sources. The move is to expand the company's global footprint as trade tensions rise between China and the US. The company could commit as much as $2bn to the project, which market insiders suggested could be confirmed during the Indian Prime Minister's US visit next week.

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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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Microsoft beefs up AI-powered business automation tool

CFO Dive

The enhancements include new features aimed at helping managers, including in finance departments, “dramatically reduce the time spent on project status reports, task planning, and risk assessments,” according to Microsoft’s Stephanie Dart.

Finance 300
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Five ERP Software Selection Mistakes That Could Cost You Big Time

Navigator SAP

An ERP system costs 2% to 3% of the annual revenue of a large company (classified as companies with revenues over $1 billion) to operate. While that seems like a small number, it’s actually massive. For instance, in HP’s case, that share of revenue was $30 million, and when the company couldn’t use its ERP system, it lost over $120 million in order pileups and $40 million in revenue losses that quarter.

Numbers 130
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Weekend Reading For Financial Planners (June 17-18)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC issued a risk alert highlighting areas of increased focus regarding its new marketing rule for upcoming examinations, including whether there is clear disclosure of whether the person giving a testimonial or endorsement is a client or investor, if the promoter has been paid, and if there are material conflicts of interest.

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India's retail inflation eases at 25-month low to 4.25 per cent in May

CFO News

Retail Inflation: The number has remained below the Reserve Bank of India’s (RBI) upper band target of 6 per cent for the third consecutive month.

Retail 105
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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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AI may annually boost US productivity 0.7% through 2040: McKinsey

CFO Dive

Unlike many prior advances in technology, generative AI will likely prove most jarring to highly educated workers, McKinsey said.

Education 274
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Manufacturing ERP System Production Scheduling: Tips for Success

Navigator SAP

Using the production scheduling feature of a manufacturing ERP system demands technical knowledge and expertise. This explains why most well-established and reputable ERP system vendors offer detailed training and support services–they conduct on-site training and furnish online training modules to help their customers get up and running with the production scheduling feature.

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Why Pre-Commitment Strategies Can Work And 3 Steps To Implement Them With (The Right) Prospects

Nerd's Eye View

One common sales tactic for financial advisors is to offer prospective clients a free (or low-cost) financial plan to demonstrate the advisor’s expertise and to let the prospect ‘test drive’ the advisor’s services. However, creating these pre-commitment strategies and plans can take up a significant amount of an advisor’s time and there is no guarantee that the prospect will actually decide to become a client (in which case the advisor’s work would have genera

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Rupyy of CarDekho Group appoints Mayank Thatte as its first CFO

CFO News

Launched in 2016, specialised fintech firm Rupyy appoints its first CFO Mayank Thatte as the company's focus is on innovation, financial excellence, and foster sustainable growth.

CFO 105
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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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Citi CFO says tech initiatives will drive 5,000 job cuts this year

CFO Dive

The bank has cut 1,600 jobs in the second quarter and expects a $300 million to $400 million uptick in expenses largely because of the severance costs, CFO Mark Mason said Wednesday.

CFO 270
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ERP System Integration Challenges: Overcoming the Obstacles

Navigator SAP

Every year, companies waste millions of dollars on ERP systems that don’t work. For instance, Marin County allegedly spent $18.6 million on an ERP implementation that was supposed to simplify its finance process. But it didn’t work, and that $18 million went down the drain–and that’s not all.

Finance 130
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#FA Success Ep 337: Becoming An ‘Accidental’ Entrepreneur When Independence Isn’t Chosen But Forced By Circumstance, With Danika Waddell

Nerd's Eye View

Welcome back to the 337th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Danika Waddell. Danika is the President and Founder for Xena Financial Planning, a virtual advisory firm that advises 40 client households of women in tech and supports more than $275K of ongoing revenue. What's unique about Danika’s path, though, is how, she launched her own independent RIA not out of a desire to be an entrepreneurial business owner, but because an IAR registration

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Amid MCA21 glitches, record no of cos floated

CFO News

About 31,000 companies had been incorporated at the end of May last fiscal, a record at the time, on top of nearly 4,000 LLPs, people aware of the details told ET.

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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.