CFOS

As Tax Filing Season Nears, TaxGlobal Launches 'Matchmaking' Service To Connect Tax Preparers/CPAs To Right Clients Boosted By AI

Retrieved on: 
Tuesday, January 9, 2024

To help, TaxGlobal is poised to help solve this perennial problem using artificial intelligence (AI).

Key Points: 
  • To help, TaxGlobal is poised to help solve this perennial problem using artificial intelligence (AI).
  • Founder Sanjay Popat conceived TaxGlobal after experiencing firsthand difficulties obtaining timely information from his then-CPA.
  • In a time when timely and effective tax assistance is more crucial than ever, TaxGlobal simplifies tax management with innovation and expertise.
  • Our services cut through the confusion and ensure that everyone can secure the support they need, no matter their situation."

Wolters Kluwer Enablon ESG Excellence solution wins BIG Innovation Award

Retrieved on: 
Thursday, January 11, 2024

New York — January 11, 2024 — Wolters Kluwer today announced that its Enablon ESG Excellence solution has been named a winner in the 2024 BIG Innovation Awards , presented by Business Intelligence Group (BIG).

Key Points: 
  • New York — January 11, 2024 — Wolters Kluwer today announced that its Enablon ESG Excellence solution has been named a winner in the 2024 BIG Innovation Awards , presented by Business Intelligence Group (BIG).
  • The Enablon ESG Excellence solution brings clarity to the complexity of ESG reporting by empowering sustainability leaders and CFOs to collect, report, and disclose verifiable ESG data – with the same rigor as financial data.
  • Now, continued enhancements to our Enablon platform are driving the digital transformation of ESG reporting, too.”
    Wolters Kluwer’s BIG Innovation Award nomination focused on the Enablon ESG Excellence solution’s ability to:
    Collect, unify, and validate ESG data from 100+ decentralized sources across the enterprise.
  • Enablon, part of Wolters Kluwer’s Corporate Performance & ESG division , is the world’s leading provider of integrated software solutions for EHS, Environmental, Social and Governance (ESG), Operational Excellence, and Governance, Risk, Compliance (GRC).

Grant Thornton survey: Technology companies seek influx of capital to achieve growth goals

Retrieved on: 
Thursday, January 11, 2024

Specifically, 56% of technology CFOs said their greatest challenge will be technology upgrades, while 51% said their greatest challenge will be cybersecurity.

Key Points: 
  • Specifically, 56% of technology CFOs said their greatest challenge will be technology upgrades, while 51% said their greatest challenge will be cybersecurity.
  • “When I take a step back, what technology companies are trying to do is control costs and measure growth,” said Andrea Schulz , Grant Thornton’s national managing partner for Technology.
  • An influx of capital will also propel the strategies technology CFOs have in mind.
  • “There is an opportunity for companies to transform and look more streamlined, but that might be years out,” she said.

2024 Cloud and Technology Trends: Tangoe Releases its Annual Market Report

Retrieved on: 
Wednesday, January 10, 2024

With an emphasis on cloud technologies and the impact AI innovation has on cloud expenditures, the report summarizes pricing trends while highlighting common overprovisioning mistakes and the services draining clients’ IT budgets more than necessary.

Key Points: 
  • With an emphasis on cloud technologies and the impact AI innovation has on cloud expenditures, the report summarizes pricing trends while highlighting common overprovisioning mistakes and the services draining clients’ IT budgets more than necessary.
  • Tangoe has unique insights to share from optimizing $34 billion in IT spending for our clients – the largest portfolio in the technology expense management industry,” said James Parker, CEO, Tangoe.
  • As market competition heats up, it’s more important to compare cloud infrastructure services and prices.
  • The 2024 report serves as a collective list of tangible cost-reduction recommendations that CFOs, CIOs, and CPOs can take into their organizations.

Accounting Update 2024: Highly Anticipated Financial Reporting Standards Online Conference

Retrieved on: 
Thursday, January 11, 2024

DUBLIN, Jan. 10, 2024 /PRNewswire/ -- The "Financial Accounting & Reporting CPE Update 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 10, 2024 /PRNewswire/ -- The "Financial Accounting & Reporting CPE Update 2024" report has been added to ResearchAndMarkets.com's offering.
  • The dynamic landscape of financial accounting and reporting is currently experiencing significant alterations due to recent updates by US and international standard-setters.
  • In summary, this key resource provides a vital update and serves as a guiding framework for all financial reporting stakeholders.
  • Access to this comprehensive analysis is now available, offering an unparalleled opportunity to gain advanced insights into the ever-evolving world of financial accounting and reporting standards.

ActivTrak Closes Year Approaching $40M in Annual Recurring Revenue

Retrieved on: 
Wednesday, January 10, 2024

AUSTIN, Texas, Jan. 10, 2024 /PRNewswire/ -- ActivTrak today announced results for 2023, wrapping a year of 40% growth in enterprise-class deployments as COOs and CFOs continue to grapple with the lack of data to inform productivity and returns on workforce investments.

Key Points: 
  • The ActivTrak Productivity Lab also published its second annual State of the Workplace report , one of the most direct and objective studies of productivity based on actual behavioral data.
  • "2024 marks three years of a post-pandemic world, yet most organizations still lack consensus on the impact of hybrid work," said Heidi Farris, CEO of ActivTrak.
  • "Our success this past year validates that the market for workforce analytics continues to mature and expand with ActivTrak leading the way.
  • I'm excited to build on this growth in 2024 as we help companies realize the true value of their workforce investments."

CFOs Dim Their Outlook for North America's and Other Regional Economies, but Plans for Technology and M&A Investment Signal Hope for 2024: Deloitte CFO Signals™ 4Q 2023

Retrieved on: 
Tuesday, January 9, 2024

CFOs lowered their year-over-year (YOY) growth expectations for revenue, dividends, earnings, capital investment and domestic hiring, but raised them for domestic wages/salaries.

Key Points: 
  • CFOs lowered their year-over-year (YOY) growth expectations for revenue, dividends, earnings, capital investment and domestic hiring, but raised them for domestic wages/salaries.
  • Each quarter, CFO Signals™ tracks the thinking and actions of leading CFOs representing North America's largest and most influential companies.
  • Since 2010, the survey has provided key insights into the business environment, company priorities and expectations, finance priorities, and CFOs' priorities.
  • The CFO Signals survey for the fourth quarter of 2023 was conducted between Nov. 6, 2023, and Nov. 22, 2023.

BoeFly's Latest Confidence Index Reveals Concerns About Rising Interest Rates Among Franchisors

Retrieved on: 
Monday, January 8, 2024

This most recent index was used to assess whether significant shifts in franchisor executive confidence occurred throughout 2023, building upon data from the two previous quarterly surveys.

Key Points: 
  • This most recent index was used to assess whether significant shifts in franchisor executive confidence occurred throughout 2023, building upon data from the two previous quarterly surveys.
  • According to the latest findings, franchisors are growing increasingly concerned about the rising interest rates and its impact on their domestic growth goals.
  • A major contributing factor to this uncertainty is the apprehension surrounding rising interest rates, with 86.7 percent of respondents indicating that current rates are negatively impacting their growth plans.
  • For a full report on the Franchise Growth Confidence Index survey findings, visit https://boefly.com/blog/boefly-franchise-growth-confidence-index-3/ .

Bioluminescence Ventures Reveals Partners and Investment Management Team

Retrieved on: 
Friday, January 5, 2024

Bioluminescence Ventures (“BLV”), a biotech venture firm investing in next-generation medicines, today revealed its initial team of Partners, whose collective experience and expertise spans preclinical research, translational science, clinical development, medical affairs, regulatory, commercial strategy, business development, and strategic investment banking functions across therapeutic areas.

Key Points: 
  • Bioluminescence Ventures (“BLV”), a biotech venture firm investing in next-generation medicines, today revealed its initial team of Partners, whose collective experience and expertise spans preclinical research, translational science, clinical development, medical affairs, regulatory, commercial strategy, business development, and strategic investment banking functions across therapeutic areas.
  • Every day, I feel honored and lucky to be working with such talented, mission-driven, and caring people.”
    Chloe Kim, Ph.D. joined Bioluminescence Ventures as a Partner in 2022.
  • Negin Mokhtari, Ph.D. joined Bioluminescence Ventures as a Partner in 2023 and brings a blend of scientific expertise, operational experience, and investment skills to the firm.
  • Prior to joining Bioluminescence Ventures, Dr. Mokhtari was part of the investment team at Genoa Ventures, focusing on the convergence of biology and technology, and serving on the board of multiple companies.

Passthrough Report Reveals 66.4% Of Fund Managers In The US Are Increasing Fund Targets In 2024 Despite Pessimistic Market Predictions

Retrieved on: 
Friday, January 5, 2024

Passthrough, a leader in investor onboarding automation for fund managers and other fintechs, today released its 2024 Fundraising Predictions Report.

Key Points: 
  • Passthrough, a leader in investor onboarding automation for fund managers and other fintechs, today released its 2024 Fundraising Predictions Report.
  • Specifically, the report looked into the state of capital raising tied to market conditions based on 2024 insights and predictions from fund managers.
  • “Fund managers are coming back to market because you can only sit on the sidelines for so long.
  • In fact, 41.35% of fund managers believe that market competitiveness will be the primary driver for ESG integration.