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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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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

This requires targeted upskilling in critical areas like carbon accounting and management, sustainable procurement and stakeholder management. Establishing clear communication protocols, cross-departmental KPIs and accountability measures is essential. This approach connects sustainability, supply chain, quality, R&D and finance.

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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. His appointment reflects our succession planning process and the talent across our company. Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022.

Finance 283
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Small business finance: Five tips for managing cash flow effectively

Inside Retail

Consider setting aside a portion of your profits regularly into an interest earning business bank account before planning growth initiatives so that you have a backup when and if you need it. The post Small business finance: Five tips for managing cash flow effectively appeared first on Inside Retail Australia.

Finance 130
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McDonald’s Australia CEO resigns, new boss announced

Inside Retail

Chiczewski joined McDonalds in 2012, and has held several roles in strategy, finance, and operations. An accounting and marketing graduate, Chiczewski also has a Masters of Business degree. Martinez plans to spend more time with his young family and pursue new opportunities.

Finance 226
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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 227