Glenbrook’s Allen Weinberg wrote a few weeks ago about his view of the Grand Challenges in payments…. a daunting list, and one I agree with. But I want to extend his discussion on one of his challenges: “Realigned value chain economics in a push payment world”, and...
As I was slogging through the many payments-related articles and blog posts reminiscing about 2015 events and making predictions for what may or may not be ahead in 2016, I thought of a conversation I had with Scott Loftesness around 20 years ago, sometime in 1995 or...
CFO.com summarizes the most recent Forrester "TechRadar" report on financial software. Not surprisingly, economic woes are driving businesses' need for accounts receivable and collections software to help companies monitor their customers payment behavior. Budgeting...
Sign of the times: who's getting investor money? A company that runs a marketplace for real-time trading of accounts receivable, enabling small and mid-sized businesses to accelerate their cash flow. via NYTimes DealBook: The Receivables Exchange, a New Orleans...
Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out: [except - read the whole post here] Is there a root cause? And if so, why is it not discussed? So why is it not discussed?...
CFO.com points out that Paul Volcker has strong views on accounting topics that might soon become prominent fixtures of administration economic policy. For example, here are topics/issues that he will undoubtedly have influence over (quoting CFO.com): [His experience...
From CFO.comSince the credit-crisis began to hit its crescendo in mid-September, CFOs at companies of all sizes have been paying ever closer attention to the cash streaming through their businesses and keeping careful watch on their suppliers' credit terms and...
Overstock.com said it will restate its financial results for over five years due to problems stemming from its implementation of Oracle. Revisions to the company's 2003-2007 results probably will reduce revenue by $12.9 million and increase cumulative net loss by...
The US and International Accounting standards boards are convening an advisory group to address issues stemming from the credit crisis - starting with fair-value rules.[via CFO.com - emphasis mine]While central bankers and G7 leaders work to form panels to respond to...
Attention Excel users! A couple related articles from CFO.com on spreadsheet worst practices and how to fix them. The first article generated so many emails that they published a follow up with even more tips. Spreadsheet "Worst Practices" Here's how...
