Coming Soon: Interest on Checking Accounts
How will this change companies’ banking relationships?
Tucked within the hundreds of pages of the Dodd-Frank Wall Street Reform and Consumer Protection Act is Section 627, “INTEREST-BEARING TRANSACTION ACCOUNTS AUTHORIZED.” This section repeals what’s known as “Reg Q,” which prohibited banks from paying interest on demand deposits. One year from the passage of the [...]
Lab Experiments Can Guide Decision-Making and Boost Profits
A new book, Secrets of The Moneylab, chronicles experiments that companies are using to guide decision-making and boost their bottom lines.
Most companies of any size are well-versed in market research techniques. Perhaps they’ve held focus groups to get participants’ input on a proposed new product or conducted a phone survey to determine consumers’ thoughts on [...]
The AFP Salary Survey
Not all doom and gloom
While it’s been an intense few years for CFOs and treasurers, there’s some good news: Their salary increases have outpaced those of their colleagues in other parts of the company. That said, the rate of increase dropped between 2008 and 2009, according to the 2010 AFP Compensation Survey. [...]
Genpact CFO Touts QMI: Quick Market Intelligence
As the economy crashed, one CFO focused on working even more closely with clients. The result? Growth slowed, but continued.
As the economy entered its downward spiral in late 2008, the watchwords among most clients of Genpact were “cash” and “uncertainty,” says CFO Mohit Bhatia. Uncertainty about the future of their markets compelled most financial execs [...]
The Lake Wobegon Effect
A recent report from the Private Capital Markets Project at Pepperdine University shows that both investors and business owners appear to be cautiously optimistic about the direction of the economy, although financing remains tight. About three-quarters of bankers, 55 percent of asset-based lenders, 69 percent of factors, and 53 percent of angel investors forecast improving [...]