“Cash is king” is drilled into finance professionals’ heads from their first day on the job! And there’s a great reason for that – companies that can tap into an optimal amount of cash at the end of every month are in a better position than the competition. David Peters, a seasoned CPA and founder […]
If your finance team is pasting enterprise resource planning (ERP) data into Excel and then manually crunching figures for your firm’s financial reporting, it may be time to consider a software solution. If you haven’t recently audited how much time it takes your team to create a financial report, this may be the right moment […]
Financial chiefs may be worried about inflation and a host of other issues as 2023 rolls on, but numerous surveys show they’re not afraid to spend in certain areas to grow their businesses. In fact, nearly three-quarters of CFOs plan to spend more on sales functions this year, with about half budgeting for 10% or […]
You’re skilled at keeping simultaneous track of your company’s profits and costs, including business operating expenses. Case in point: You can probably calculate your gross profit – revenue subtracted by the cost of goods sold – with little effort. But with economists predicting an economic slowdown of some kind this year, you’re probably keeping a […]
CFOs are wearing more hats than ever and their list of responsibilities is growing, particularly those steering the ship for publicly traded companies. More than 50% of CFOs say their responsibilities have increased, according to a new report by Ankura, What Is on the Minds of CFOs?: “The majority of public company CFOs have seen […]
Twenty-five Republican state attorneys general are taking aim at the Department of Labor’s rule on retirement plan investing. The November 21, 2022 rule – “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” – says that “consistent with the fiduciary duties of prudence and loyalty under the Employee Retirement Income Security Act (ERISA), […]
Are you worried your organization could be falling behind competitors? Could it be at risk from factors like new technologies making your products or services obsolete? Plenty of CEOs and CFOs are privately nodding “yes” to both questions. In fact, nearly 40% of execs are very concerned their companies are in danger, according to a […]
A modern tech stack that gives you the power to analyze your enterprise data in real time may no longer be something on the nice-to-have list. Perhaps you’ve read our reports on the Fed possibly hiking the target interest rate above 5% or inaccurate job numbers from the Bureau of Labor Statistics. As the economic […]
It’s a good bet we’ll hear a lot about big companies laying off employees in the coming weeks. The latest example: Goldman Sachs just announced a purge of 3,200 employees. Yet there’s more of a sense of calm – even slight confidence – when it comes to staff retention and even hiring among decision makers […]
