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Shopify’s Double-Edged Sword: Tackling Accounting Complexities with Automation

Retail TouchPoints

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. We have witnessed these challenges firsthand at Crew Finance. Businesses must start with accurate accounts from day one.

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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Sink has more than 20 years of finance and accounting experience, including 12 years at Lowe’s in roles across finance, strategy and accounting.

Finance 288
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Bed Bath & Beyond Promotes Two Executives to Top Finance Positions

Retail TouchPoints

One day after announcing the departure of CEO Mark Tritton , Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Both appointments are effective immediately.

Finance 317
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The benefits of financing your business growth

Inside Retail

And when a business can demonstrate its potential future strength, it can access outside finance which may provide more capital than the business might have otherwise had to invest in growth. In this article, we outline the benefits of financing your business growth through non-bank lending channels. Common drivers to access finance.

Finance 246
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Bed Bath & Beyond Builds Out Finance Team with Hiring of Former Tiffany Exec

Retail TouchPoints

Bed Bath & Beyond has named John Barresi as SVP of Finance and Chief Accounting Officer, as the retailer continues to bolster its leadership team as part of its three-year transformation strategy. Barresi will join Bed Bath & Beyond on June 7, 2021, reporting directly to EVP and CFO Gustavo Arnal.

Finance 230
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What is Accounts Receivable Financing?

Small Biz Trends

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring. Minimum paperwork.

Finance 119
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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. The post From stock levels to financing: How interest rate hikes impact retail appeared first on Inside Retail.

Finance 246