More CFOs eye the top seat: report
CFO Dive
FEBRUARY 13, 2023
Of CFOs who take new roles, about 80% are opting for non-CFO jobs, according to a report about CFO “flight risk” from management consulting firm Russell Reynolds.
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Shortage Of CPAs Fuels Push To Ease Licensing
Global Finance
OCTOBER 28, 2024
Students opt out of accounting majors in favor of investment banking or management consulting. Older baby boomers are preparing for retirement, and younger generations are reluctant to replace them. Only 67,000 candidates sat for the CPA exam in 2022, 5,000 fewer than the year before.
Webinars
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
Book of Secrets on the Month-End Close
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Forecasting Failures Are Costly: Here's How To Fix Them
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
California BanCorp Launches Treasury Management Consultancy
PYMNTS
JULY 29, 2019
California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We
Big 4’s management consulting arms gain muscle
CFO News
JUNE 26, 2024
The management consulting business has been growing 25-30% for all firms in the last two years. However, the varying number of digital consultants each firm adds to management consulting complicates direct comparisons.
After record year, time for CFOs to rethink aggressive buybacks
CFO Dive
APRIL 6, 2022
Bad timing can turn what should be a financial booster into a long-term negative ROI, a veteran management consultant says.
How to Purchase ERP for Management Companies
Navigator SAP
MARCH 31, 2023
It is difficult for a management consulting business to grow and succeed if it’s operating with unreliable data. In this scenario, anyone would have trouble understanding where the business is headed and making important business decisions.
Realigning financial strategies with Asia's economic shift
Future CFO
FEBRUARY 17, 2025
The global management consulting firm's analysis found that Asia could be home to 60% of the Fortune Global 500 companies and have 55% of the worlds total workforce.
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One out of four Indian employees may switch jobs within the next year, reveals BCG survey
CFO News
DECEMBER 18, 2023
Boston Consulting Group (BCG), a global management consulting firm, surveyed 11,000 employees across eight countries, including India. The survey reveals that 26 per cent of Indian employees may leave their current jobs within the next year, emphasizing the critical role of emotional factors in retention.
India's auto parts industry poised to cross $80 bn revenue in 2024-25
CFO News
NOVEMBER 20, 2024
billion, according to B2B risk management consultancy Rubix Data Sciences. The revenue of India's automotive components industry is expected to cross $80.1 billion in FY2025 while exports have already touched $21.2
CFOs: Changing Of The Guards
Global Finance
SEPTEMBER 4, 2024
Management consultancy Russell Reynolds Associates found that the average tenure of an outgoing CFO has reached a five-year low of 5.7 Jonas Rickberg was appointed CFO at Sweden-based construction firm Skanska Group. And apparel brand Guess revealed that a former CFO, Dennis Secor, returned to the post August 26.
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Members’ Profile: Ronel Jooste
CFO Talks
DECEMBER 12, 2024
Ronel Jooste Managing Director, FinanciallyFit Group (2015-present) Managing Director, PhysEQFiT Wellness & Leadership Development (2015-present) Non-Executive Director, Woman of Stature Foundation (2022-present) Senior Management Consultant, Acumen Group (2022-present) Previously: Head of Group Consolidation, Massmart (2021) Financial Consultant, (..)
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Gojek, Grab Renew Merger Talks With SoftBank’s Support
PYMNTS
SEPTEMBER 13, 2020
Roshan Raj, a partner for Redseer, a management consulting company in India, said both companies were riding high pre-pandemic as they raised commissions that they charge drivers and reduced customer discounts. COVID-19 disrupted these trends in a material way,” Raj told FT.
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CFO Club welcomes Yolandi Fourie as its new Head
CFO Talks
FEBRUARY 9, 2023
Yolandi comes with more than 15 years of experience as a strategy and management consultant. “I Since its launch in July of 2022, the CFO Club has been growing at a rapid rate, welcoming 200 new CFOs from across Africa to its ranks and recently celebrating its 200th podcast recording.
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GCC Banking’s New Techno-Frontier
Global Finance
JULY 29, 2024
In the US, the giant management consultant found, 73% of time spent by bank employees has a high potential to be impacted by generative AI, some 39% by automation, and 34% by augmentation. Major Gulf banks, including Al Rajhi Bank of Saudi Arabia, Qatar National Bank, and National Bank of Kuwait are already using AI to varying degrees.
Retailo Raises $2.3M In Seed Round To Boost Financial Inclusion
PYMNTS
OCTOBER 12, 2020
The round was led by Abu Dhabi-based Shorooq Partners , while 500 Durian (the 500 Startups fund for Southeast Asia) and 92 Ventures chipped in as well, along with angels from the region’s top startups and leading management consulting firms, according to the release.
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LevaData Supply Management Platform Nets Bain Endorsement
PYMNTS
OCTOBER 13, 2020
The partnership with LevaData comes as Boston-based Bain, through its supply chain management consulting practices, works with companies looking to digitalize their supply chain network.
Employee Spotlight: Meet Nigel Bateman
FISPAN
OCTOBER 13, 2021
In this month’s issue of our Employee Spotlight series, we’re getting to know FISPAN’s Technical Pre-Sales Manager , Nigel Bateman. Nigel joined FISPAN three years ago, having previously worked in both Technology (Financial Services) and Management Consulting at Accenture.
Holiday Shopping Could Take Hit As Presidential Election Results Drag Out
PYMNTS
NOVEMBER 4, 2020
Greg Portell, lead partner in the global consumer practice of Kearney, a strategy and management consulting firm, told CNBC that the extended wait for final election results “will absolutely pause consumer spending.”.
Navigating the Tech Financial Landscape
CFO Plans
OCTOBER 4, 2024
Risk Management Consulting: Your Shield Against Uncertainty In the tech world, where change is the only constant, risk management consulting is your shield. With predictable fixed pricing, financial plans become clear, allowing businesses to focus on what truly matters: strategic initiatives.
Launching a Business: What to Know and Essential Tips
Capital CFO LLC
MAY 17, 2024
As business management consultants, we stress the importance of firm roots—meticulous planning, market analysis, and […] The post Launching a Business: What to Know and Essential Tips appeared first on Capital CFO+. Imagine you’ve found the perfect spot, the right seed, and you’re ready to plant.
Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often
CFO News Room
FEBRUARY 5, 2022
As a retailer, what I really care about is loyalty,” said Brian Elliott, a partner at the management consulting firm McKinsey & Co. “If Frequent, or even daily, price changes aren’t typical because they can be labor-intensive or require expensive technology. “As
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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down
PYMNTS
SEPTEMBER 17, 2020
People aren't hoarding,” Katie Thomas, head of the Global Consumer Institute at Kearney, a strategy and management consulting firm, told CNN. But more importantly, Americans simply seem to have conquered their instinct to squirrel away products amid the pandemic. They're not stocking up on products like they were.”.
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India's surging services exports may shield economy from external risks
CFO News
APRIL 4, 2023
Although IT services still accounted for 45% of India's service exports from April-December, professional and management consulting achieved a 29% compounded annual growth rate.
Valeria Strappa New Chase Merchant Services CAO
PYMNTS
FEBRUARY 14, 2017
Previously, Strappa was client management and strategy Head for Institutional Clients Group at Citi Latin America. She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management.
GlobalEcon Grows Chinese Presence With Shanghai Office
PYMNTS
JANUARY 21, 2020
Global Economics Group (GlobalEcon) has branched out in China with the opening of an office in Shanghai, its second location in the country, the economic management consulting firm announced on Tuesday (Jan.
Artificial Intelligence – Bane or Boon to the CFO?
CFO Selections
MAY 22, 2024
To us, these types of phrases just sound like more of the same – another overhyped management consulting fad based on a Harvard Business Review article. We’re often skeptical of “breakthroughs” that promise to “transform the finance function” and “shift the paradigm of accounting and finance.”
Welcome Mathew Cobbett
Focus CFO
JULY 13, 2023
He has helped found companies, raised investor capital, established commercial operations, built sales and marketing teams, managed human resources, developed finance operations, and managed P&L responsibility. Matt spent many years in management consulting.
#FA Success Ep 380: Expanding Capacity For $500M Of Organic AUM Growth In Just 4 Years By Increasing The Density Of Team Talent, With Andrew Leonard
Nerd's Eye View
APRIL 9, 2024
What's unique about Andrew, though, is how his firm has been able to triple its AUM in the past 4 years while offering a high-touch client experience by adopting the approach of the management consulting clients he specializes in, first assessing how many new staff members they can hire and then train properly in order to, as Andrew says, increase (..)
Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs
CFO News Room
NOVEMBER 28, 2022
Moreover, CFOs are setting the financial goals that layoffs are meant to achieve and working closely with human-resources departments to help assess where to make cuts, said Susan Gunn, a partner at management consulting firm Bain & Co. They also set severance amounts, she added.
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Standard Chartered searching for new CFO: Report
Future CFO
NOVEMBER 28, 2022
The news report said it believes that London-based management consulting firm Russell Reynolds Associates will help find the replacement. London and Hong Kong listed Standard Chartered is seeking a new CFO to replace Andy Halford who would retire as soon as the spring annual meeting in 2023, according to a recent Sky News report.
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Kabbage Steps Up Payments Offering With SMB Loans
PYMNTS
FEBRUARY 4, 2020
A lot of payments services are built for bookkeepers, not for business leaders,” says Thom Pirone, owner of Stronghold Training, a management consulting firm in Tampa Bay, Florida. “My My payment provider kept offering me training to use the platform, but I was too busy.
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912: Designing Your Operating Profile | Sapna Kapur, CFO, Sensor Tower
CFO Thought Leader
JULY 2, 2023
Among global management consulting firms, Boston Consulting Group—long recognized as one of the world’s top three “strategy houses” (along with McKinsey and Bain)—has remained an attractive early career chapter for many executives who wish to accelerate their learning by consulting to senior corporate leaders.
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Keys to Revenue Accounting and Compliance for Professional Services Companies
Bramasol
MAY 23, 2024
Examples include management consulting, accounting & auditing, legal services, IT and technology consulting, software integrators, engineering & architecture, marketing & advertising, financial advisory & investment firms, real estate & property management, and R&D consultancies.
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What Effective Allies Do Differently
CFO News Room
DECEMBER 18, 2022
Billy Bennett, an associate partner at the management consulting firm McKinsey & Company at the time the research was conducted, focused on these virtues to avoid taking on a “white savior” role while still finding ways to enact allyship in the teams that he supervised.
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EU Banks Prep For $26B In Q2 Loan Losses
PYMNTS
JULY 26, 2020
If there’s a second wave of the coronavirus, Oliver Wyman , the New York-based management consulting firm, forecasts as much as 800 billion euros ($931.4 The losses stemmed from Lehman having held large positions in subprime mortgage tranches when securitizing the underlying mortgages.
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Learning About Machine Learning
PYMNTS
DECEMBER 5, 2017
by 2035, according to projections by business management consultancy Accenture. The savings for U.S. companies could be as high as $60 billion in 2020 , Forbes noted. In addition, AI is expected to add $8.3 trillion in economic activity for the U.S. Continually Adapting Where Old Rules Fail.
South Africa CFO route to the top
CFO Talks
JANUARY 18, 2022
From SPENCER STUART : SPENCER STUART, a management consulting firm conducted a report to find out more about CFOs in the top 40 JSE listed companies, also comparing their findings to the US, UK and Australia. The detailed analysis of the CFOs in the JSE top 40 companies include the following insights: Ethnicity. Experience.
Special K, Other CPG Brands Step Up D2C Efforts
PYMNTS
OCTOBER 5, 2020
“Ultimately, opportunities lay unclaimed for CPG companies to reinsert themselves into a market that is leaving yesterday’s tactics behind,” said Sabrina McPherson , managing director and management consulting consumer products lead at Publicis Sapient, in Digital Commerce 360.
Groupon Names Interim CEO
PYMNTS
MARCH 25, 2020
He previously worked at Orbitz, AEG Partners, AOL and Price Waterhouse Management Consultants. During his 10-year tenure at Groupon, Cooper has worked in the roles of chief marketing officer and headed the Travel and Goods business prior to serving as North American president.
In the Loop: A Conversation with Michael Stier
Focus CFO
JUNE 1, 2022
Chase is also an experienced issues and reputation management consultant, media trainer, presenter, and writer. She is An award winning media, journalism and strategic communications professional with profound expertise in various communication disciplines, most notably crisis communication.
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The Increasing Importance of the Chief People Officer
VCFO
AUGUST 18, 2022
This includes areas such as performance management, learning and development, career pathing, succession planning, and more. In a Harvard Business Review article , management consultant Ellie Filler positions the CPO as the person who “enables the business strategy.” An Enabler of Business Strategy.
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B2B Innovators Land Funding For AP, Cybersecurity
PYMNTS
OCTOBER 16, 2020
Shorooq Partners headed up the round, while 92 Ventures and 500 Durian participated as well, in addition to angels from upstarts and management consulting companies. Retailo has unveiled a $2.3 million pre-seed funding round to go toward helping small to medium-sized businesses (SMBs) in the Middle East.
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Cashless Society, Crossing Borders
PYMNTS
JULY 24, 2017
Cross-border eCommerce purchases are worth around $40 billion, growing at 50 percent annually, according to estimates by global management consulting firm McKinsey and Company. That appetite is exportable, too. And, noted Badran, the U.S. enjoys in-person commerce as well, with four million visitors annually from China.
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