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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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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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.

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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 320
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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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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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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 312
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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 113
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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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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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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 295
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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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209: Jeff Ryan , Managing Director – From game ranger to game changer

CFO Talks

From game ranger to game changer Jeff Ryan is an expert in the interaction between finance, technology and people. The current MD of AWCape shared his thoughts in a CFOClub Podcast on how CFOs should approach AI, what managing an acquisition is like and what he learned from his early career experiences as a game ranger. Written by: Leigh Schaller Clawing for success Jeff Ryan is the managing director of AWCape, a Sage provider in South Africa.

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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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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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Disney CFO takes leave of absence

CFO Dive

The 23-year company alum is stepping down among a pending shareholder lawsuit and efforts by the company to restructure following ongoing subscriber loss for its streaming business.

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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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#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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Penal action likely for fake GST bills

CFO News

"We are thinking of some other measures and we will take them through the due process of the law committee and GST Council," Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri told media persons on the sidelines of a Confederation of Indian Industry event, without divulging any further details about the measures.

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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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EY CEO’s retirement sounds new leadership alarm

CFO Dive

Carmine Di Sibio’s exit and the firm’s abandonment of “Project Everest” may signal a new era of leadership, as well as a new structure to complete the breakup of EY’s consulting and auditing arms.

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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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Modern FP&A: The Key to Simplifying the Complexities of Manufacturing Budgets 

Centage

Today, it’s a fast-paced business world. As change continues to add uncertainty to businesses across industries, finance leaders are tasked with effectively analyzing, monitoring and predicting the financial performance of their organizations with a new level of granularity. For manufacturing and distribution organizations, this can be especially challenging.

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Foreign Trade Policy 2023: A comprehensive framework for internationalizing rupee and bolstering exports

CFO News

​India’s exports (both merchandise and services) are expected to be worth $760 billion this fiscal, growing by nearly 90 percent over $676 billion in FY-22. The FTP will likely herald a new era of streamlined processes, robust infrastructure, and support for Small and Medium Enterprises (SMEs) to reinforce India's presence in the global exports market.

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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.