Pierre-Yves de Taillandier

Today’s French business term: bilan comptable Meaning: balance sheet Example: Le bilan comptable de l'entreprise montre une augmentation significative des actifs cette année. (The company's balance sheet shows a significant increase in assets this year.)  #AmiableLanguageServices #teachingyoulanguages #business #terms #french

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Canva Pro by joining the channel:https://lnkd.in/eeeNzP6M Canva Pro en rejoignant la chaîne :https://lnkd.in/eQUyVRbE

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💶 𝗩𝗖 𝘅 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝘅 𝗖𝗙𝗢𝘀 Last week, we co-hosted a CFO breakfast with France Digitale on "Why has procurement become a crucial topic for CFOs seeking to raise funds from VCs?" Here are the 3 key takeaways from the event: 1️⃣ 𝗘𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 "𝗙𝗿𝗲𝗲 𝗠𝗼𝗻𝗲𝘆 𝗘𝗿𝗮": SaaS company valuations have reverted to pre-Covid levels and series C, D, E investors have decreased, changing the funding dynamics. Investors are now prioritizing companies with a clear path to profitability to mitigate risks. 2️⃣ 𝗔 𝗺𝗼𝗿𝗲 𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝗿𝗼𝗹𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗖𝗙𝗢: The CFO is pivotal in managing the data room, overseeing finances, and controlling the business model. Mastering cash flow indicators like burn rate, implementing real-time KPI tracking and reporting has become essential. The CFO must adopt a strategic stance from the start, selecting the right investors and asking the right questions to optimize funding. 3️⃣ 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗽𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Many financial problems originate in the procurement department. Implementing the right tool to effectively manage procurement, giving the right level of visibility and control while enhancing teams to promote adoption has become essential. 👉 Want to participate to our next events? Register here: https://lnkd.in/dxfexJbi Romain Libeau, Victor Cuxart, Margaux Flamant, Clément Gobet, Eric Olombel, Antoine Loudenot, Augustin Monnoyeur, CFA, Anne-Sophie Marquet, Baptiste Dupont, César Caulliez, Maxime Detony, Nicolas Pillet, Nicolas Ducharme, Ismail El khalloufi

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We talk about ledgers all the time, but what is a ledger, actually? In our latest piece, we explore this question, breaking down the different types of ledgers to equip you with a clear understanding of which ledger best suits your needs. 🔶 General Ledger: Tracks financial activity for company-wide reporting, essential for compliance and financial statements. 🔶 Core Ledger: Designed for tracking virtual transactions within platforms or financial products. Maintains a real-time record of user-to-user transactions and abstract states without moving actual money. 🔶 Cash Ledger: Captures real cash flows similar to a bank statement but without assigning transaction meanings, eventually reconciled with core and general ledgers. 🔶 Sub-ledgers: Tracks specific subsets of business activity, such as individual customer-related events, ultimately feeding summarized data into other ledgers. As with any aspect of financial infrastructure, this disambiguation comes with nuances and details beyond this summary. Be sure to check out our full article to learn more (link in comments).

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𝗧𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗿𝗲𝗰𝗶𝗽𝗿𝗼𝗰𝗶𝘁𝘆: 𝗮𝗻 𝘂𝗻𝘀𝘂𝗻𝗴 𝗵𝗲𝗿𝗼 𝗶𝗻 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀 One of the best books I've ever read in business is Cialdini's "Influence: The Psychology of Persuasion" (a thank you to Andros P. for always recommending it to new joiners at Humatica). Among the 6 Principles, the Reciprocity Principle never ceases to amaze me with how it subtly shapes our interactions and behaviors. Picture this: I went out for dinner with three colleagues. We had a great time, and when the bill came, one colleague paid for everyone. Not just a courteous gesture, but a savvy move—stating, “Now we need to go out all together again!” He knew, perhaps subconsciously, that we'd feel the urge to reciprocate. And we’ll plan three more dinners, because each of us is eager to return the favor. This seemingly small act is a perfect example of how reciprocity works—connecting us personally and professionally. In business, it’s these little things that matter. Have you experienced the magic of reciprocity in your business dealings? I'd love to hear your stories! #Leadership #BusinessStrategy #StephenCovey #Reciprocity #Networking #Teamwork

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𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗶𝘁𝘆: 𝗛𝗼𝘄 𝗢𝘂𝗿 𝗔𝘁𝘁𝗶𝘁𝘂𝗱𝗲 𝗦𝗵𝗮𝗽𝗲𝘀 𝗧𝗲𝗮𝗺 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Reflecting on the past few months, it's incredible to think that SAMP has nearly matched overall last year's performance in just six months. This achievement, naturally, came with its fair share of challenges. Through it all, I've learned how crucial it is to maintain a positive outlook. I’ve realized how much my attitude, energy, and stress levels impact others – starting with my team (and, of course, my partner at home). Our attitudes as leaders profoundly influence our teams, often more than we realize. During tough times—or simply when we're tired and overworked—it’s easy for our spirits to drop. We're all human; not every month can be fantastic. But even in those moments, our teams look to us for guidance. If we let our morale slip, we might unknowingly bring our teams down with us. I admit, I’ve struggled in the past months to find the balance between being authentic and staying positive. It’s not about forcing a fake smile—people can see through that. They sense the tension and stress behind the facade. For me, “faking it until you make it” doesn’t work. So, how do we stay positive in tough times, especially when things aren’t going well? I’ve realized that positivity is less about a fake smile and more about resilience, determination, and finding solutions, even when things get tough. It’s about celebrating small successes, acknowledging issues, and then moving forward together to solve them. It’s about recognizing progress. It’s easy to focus on what’s not working, but we should also acknowledge the many things that are progressing and moving in the right direction. 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗼𝘂𝗿 𝗳𝗼𝗰𝘂𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲𝘀 𝗰𝗮𝗻 𝗹𝗶𝗳𝘁 𝗼𝘂𝗿 𝘀𝗽𝗶𝗿𝗶𝘁𝘀, 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗼𝘂𝗿 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲, 𝗮𝗻𝗱 𝗶𝗻𝘀𝗽𝗶𝗿𝗲 𝗼𝘂𝗿 𝘁𝗲𝗮𝗺𝘀 𝘁𝗼 𝗱𝗼 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲. And you? How do you stay focused on the positive side even in tough times? #Leadership #PositiveMindset #TeamImpact #Resilience #Authenticity #LeadershipChallenges #CelebrateSuccess #FocusOnProgress #Inspiration #TeamEngagement

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🎯 VN1 Forecasting Competition report The VN1 forecasting competition, organised by Nicolas Vandeput, is now in full swing. The datasets are available to download, and the first phase ends on 3rd October. It is not too late to participate, see the first comment below for more detail. The challenge is to make accurate 13-week-ahead forecasts for sales volume across over 15,000 combinations of client, warehouse and product. I made a submission yesterday which pushed me up from 20th place up to 8th place (out of 41) on the leaderboard. I still have more ideas for improvement (as presumably the other competitors also do), so it will be interesting to see how things evolve over the coming days. My objectives for the competition are: - Enhance further my Python coding skills for data cleaning and processing - Deepen further my understanding of machine learning forecasting models - Enjoy the challenge of understanding patterns within a new dataset Here are some takeaways: 1. Benchmark comparison is crucial. For over 20 years, my go-to benchmark has been a 4-week weighted average with weights of 0.4, 0.3, 0.2 and 0.1. If a forecasting model doesn’t beat a simple benchmark, it’s time to try something else. 2. Beating the benchmark can be challenging. My initial model amendments performed worse than the benchmark. It was a relief once I had beaten the benchmark. Finding improvements is an iterative process, and it can be frustrating when trying something new makes the error larger. 3. Python’s power and efficiency are excellent for modelling a large number of time series. Although getting the code right is taking me longer than performing the analysis in Excel, I find that any subsequent tweaking and rerunning the Python code is much more convenient compared with managing an Excel workbook. I’ll share a full report of forecasting findings at the end of the competition. I’m looking forward to finding out how other competitors have approached the challenge. I regularly share my thoughts on #Forecasting, #ResourcePlanning, and #PerformanceImprovement in #CustomerOperations. Please connect with me, hit the 🔔 on my profile, and select “All” to stay updated.

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The second session of the 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐨𝐫 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 (𝐆𝐀𝐏) on November 12 was a true success! 🚀 Together with Alexandre BESSON, we made the 13 participants work 𝐎𝐍 𝐓𝐇𝐄𝐈𝐑 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 instead of 𝐈𝐍 𝐓𝐇𝐄𝐈𝐑 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 What did participants do: - Craft compelling value propositions - Define their client persona - Learn how to identify #ICP, find their emails, and engage them 𝐍𝐞𝐱𝐭 𝐬𝐞𝐬𝐬𝐢𝐨𝐧 𝐰𝐢𝐥𝐥 𝐭𝐚𝐤𝐞 𝐩𝐥𝐚𝐜𝐞 𝐨𝐧 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 10𝐭𝐡 𝐖𝐡𝐲 𝐣𝐨𝐢𝐧 𝐆𝐀𝐏? Many business owners focus so much on daily operations that long-term strategy and growth can take a back seat. This can lead to burnout or financial challenges. That’s where GAP comes in – 𝐰𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐝, 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐠𝐫𝐨𝐰 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭𝐥𝐲 𝐚𝐧𝐝 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐲. 𝐖𝐡𝐚𝐭 𝐆𝐀𝐏 𝐨𝐟𝐟𝐞𝐫𝐬: 🌟 𝑴𝒐𝒏𝒕𝒉𝒍𝒚 3-𝒉𝒐𝒖𝒓 𝒔𝒆𝒔𝒔𝒊𝒐𝒏𝒔: 2 hours of interactive workshops on business development, followed by 1 hour of sales. 💡 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒄 𝒇𝒐𝒄𝒖𝒔: From organization to engagement, we work on transforming your business from the inside out. 🚀 𝑭𝒓𝒆𝒆 𝒕𝒓𝒊𝒂𝒍: The first 3 months of the program are free! We only charge HKD 300/month to cover basic operational costs. The next session is scheduled for December 10th. If you’re ready to take your business to the next level or know someone who could benefit, we’d love for you to join! Feel free to DM Samuel Demarais here or reach out via WhatsApp: https://wa.me/85296686199 Let’s accelerate growth together! 💼✨ #Entrepreneurship #SmallBusiness #GrowthStrategy #StartupFounders #BusinessDevelopment #Freelancers #GAP #BusinessGrowth #HongKong Antoine Martin, Ph.D Philippe BONNET Caroline Doche Sébastien HIDALGO MERCHAN Thomas COUEPEL Nicolas Ragiot Olga Vorotnikova Juliette Neouze Valat Trilby White Gabriella Montandon @vissa Matthew Keay Zsofia Ilosvai Sandra Ighilahriz Cyrus N. Osen Julie

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[🎬 Replay of the keynote of Stanislas Niox-Chateau, CEO and Cofounder of Doctolib, at the Adopt AI #Summit by Artefact] on Building the healthcare we all dream of, thanks to AI. 👉 Watch and get inspired by Stanislas Niox-Chateau on the Vision stage: https://lnkd.in/eWRQdsJZ 📖 Read the REPORT of Adopt AI with the replays & synthesis of all CEOs keynotes & key discussion panels: https://lnkd.in/e8yj2CeN 💼 After a severe back injury ended his tennis aspirations, Stanislas pivoted to academics, graduating from HEC School of Management. He co-founded Doctolib in 2013, which quickly became a leader in #ehealth across Europe, dramatically improving how patients connect with #healthcare providers. The platform serves 380,000 healthcare professionals and attracts 80 million patient visits each month. Key insights from the keynote of the CEO of Doctolib: ✔ Niox-Chateau envisions a future where healthcare professionals have access to patient #data in the right context, enhanced #medicalknowledge, and more time for #patientcare. He emphasizes the importance of simple, smart tools to enable preventive care. ✔ He believes that technology can transform how practitioners innovate in their daily work, allowing general practitioners and specialists to treat more patients and handle broader #clinicalcases efficiently. ✔ AI and technology can transform passive, traditional consultations into more dynamic, engaging experiences, benefiting both professionals and patients. Digital #healthstartups play a crucial role in this evolution. ✔ Niox-Chateau emphasizes that technology should be easy to use and have a significant impact on the daily lives of healthcare professionals. #AI can amplify these changes, opening up new possibilities. ✔ At the outset, AI will support practitioners with administrative tasks, ensuring transparency and reducing the possibility of mistakes, thereby enhancing the overall efficiency of #healthcareservices. ✔ Niox-Chateau concludes by reinforcing the potential of technology and AI to change the lives of patients and professionals, encouraging the audience to embrace these innovations for a better healthcare future. 🗣 “I believe technology, amplified by AI, can have a systemic impact on health and the lives of professionals. We dream of healthcare professionals with patient data in the right context, enhanced medical knowledge, and more time for patient care, enabled by smart and simple tools for preventive care,” says Stanislas Niox-Chateau. 👉 Watch all the replays of the Adopt AI Summit: https://lnkd.in/eDxHcR47 📅 Save the date - on November 21st, join us at the AI for Health Summit at STATION F in Paris, where Doctolib will be present to explore the future of healthcare technology! ⚕ You can already book your pass: https://lnkd.in/ej3pUNa7 

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#France. Pension system #Pension reform is a recurring topic in France, but do you have a firm grasp of its fundamentals? - How both employer and employee contribute to the retirement system ? - What is the #Retirement Age and How is the French Pension Calculated ? - What changes brought the 2023 reform ? Everything you need to know about the French pension System is in this comprehensive overview published by Internago #paie #RH #payroll #HR #EMEA #InternationalPayroll #Payrollmanagement #payrollexpert #payrollprofessionals #AvantageEnNature #logement

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Innovation, a French savoir-faire? Learning and working in France has been helpful, as efficiency in terms of hours spent on certain tasks has been a constant proof of this style. I call that (savoir-faire) the French way of doing things. It has made me more task-oriented and driven by efficiency rather than by hard work and time constraints. I have had the honor of working in France for almost four years now, and I can agree with this research brought by Ilya Strebulaev. I’m not surprised by the fact that French savoir-faire contributes highly on US innovation. Also, I had the honor of working at STATION F (world's biggest startup campus based in Paris ) during my internship at Tripartie AI, and I can tell you French startups are gaining momentum. We will keep learning and embracing this French savoir-faire. We will probably be launching a business idea with the help of the French, focusing on Colombian coffee and integrating it with blockchain technology in Paris. Heads up! The 4th Industrial Revolution is here. #startups #savoirfaire #blockchain

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Find the 3rd variable! I came across this video this morning that discusses the possibility of a third variable in statistical reality. Indeed, according to some French politicians, there is a strong correlation between immigration and delinquency in France, without taking into account several other factors that strongly influence this correlation. I was always taught that correlation does not necessarily imply causation. I had not yet fully grasped the importance of seeking and understanding the implication of the third variable, often called a control variable or hidden variable, which can influence or bias the results if it is not taken into account. This video helped me deepen my understanding of this important concept.

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Spendesk Revolutionizes Business Payments with Launch of Its Own Financial Institution Spendesk, a renowned spend management platform for mid-sized businesses, has launched Spendesk Financial Services, a fully licensed payment institution. This marks a major step in the company's transition from offering spend management solutions to becoming a comprehensive payment institution, underscoring its ambition to redefine payment management in Europe. Regulated by the Autorité de contrôle prudentiel et de résolution (ACPR) in France, Spendesk Financial Services puts the company at the forefront of innovation and security in financial services. With full control over its payment chain, Spendesk ensures streamlined service delivery and heightened transaction security. As a principal member of the Visa network for card issuing, it demonstrates a commitment to cutting-edge solutions. Axel Demazy, CEO of Spendesk, highlighted, “The autonomy enabled by Spendesk Financial Services allows us to innovate while providing clients with enhanced security and simplified management. Our goal is to become the standard for payment at work in Europe.” This launch reflects the company’s dedication to setting new benchmarks in the financial ecosystem. Spendesk’s collaboration with Visa enhances its ability to deliver secure and scalable solutions, aligning with its vision of creating seamless financial experiences. Serving 5,000 businesses and over 200,000 users across Europe, Spendesk’s integrated solutions are bolstered by a robust payment infrastructure, solidifying its leadership in spend management. This launch demonstrates Spendesk’s proactive approach to modern financial operations. By integrating spend management with payment services, the platform empowers businesses to operate efficiently and reduce administrative burdens while enhancing the user experience and aligning with digital financial trends. Amid rapid financial industry innovation, Spendesk’s move places it in competition with established players while carving a niche in spend management. The Visa partnership and ACPR oversight ensure its offerings meet the highest security and reliability standards. Evolving into a payment institution represents a bold, forward-thinking step, setting new standards for financial solutions in Europe. Spendesk’s commitment to innovation and client-centricity signals a bright future for its customers and potential markets. For more, visit [Spendesk’s official announcement](https://lnkd.in/eSe7PP6v). #payments #banking #fintech #futurepayments

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Dear network, I share with you my current reading “A madness so discreet” , To this beautifully twisted historical thriller, Mindy McGinnis, acclaimed author explores the fine line between sanity and insanity, good and evil—and the madness that exists in all of us.

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Are CFOs all the same? Is it possible to increase professional diversity and inclusion in the finance function   The corporate finance function is facing profound changes and new demands (business partner, value and customer orientation, digitalisation, sustainability, VUCA, ....). This implies a renewal of skills and perspectives on finance and therefore an increase in professional diversity within the finance function, understood as the variety of skills/competencies/experiences. But also the organisational capacity of the finance function to 'do something' with this diversity, i.e. to activate it to generate original decisions and practices through discussion and debate. However, it is clear that this inclusive capacity is in tension with the strong professional culture of the finance function. Financiers rely on skills and training specific to the function, which of course contribute to its professionalisation, but also to a certain internal standardisation. In a caricature, one could say that an accountant always looks a lot like another accountant. Furthermore, the finance function is an activity that lives under strong pressure from the "run" and from the constant search for efficiency in the context of a downward trend in staff numbers. This does not facilitate the expression of divergent and creative opinions. So how can we develop and activate professional diversity within the finance function? How can we avoid the standardisation of viewpoints within the function? I would be very interested to hear your ideas. To try and answer these two questions in a more formal way, a group of students and I have put together a simple questionnaire to assess professional diversity and inclusion within the finance function. We focus on a skills-and-experience approach to diversity, looking for competencies different from those classically found among the finance community but which will be necessary to address finance’s evolution. If you are a finance professional, would you be so kind as to complete it? It won't take more than a few minutes and would be a great help to us! If you could also forward it to other finance colleagues, that would be even better! #cfvg #escp https://lnkd.in/gFU9vbwv

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Strategic Success with Porter’s Five Forces: Key Learnings At MECA CFO Academy, we are diving into practical scenarios and business models that enable long-term growth for companies. These strategies, combined with finance domain expertise, have the potential to completely transform the role of finance professionals—from traditional number-crunching to becoming central in strategic business discussions. Over the past two weeks, we have been discussing Porter’s Five Forces Model, and I recently completed an insightful simulation from Harvard Business Publishing Education that brought this framework to life. Porter’s Five Forces sheds light on the competitive dynamics that every company must navigate to succeed. The debrief session, led by Mr. Saleem Sufi, further enriched the learning experience. Key Takeaways from the Simulation: 1) Know the Forces and the Players The foundation of any successful strategy lies in understanding the five forces that impact your business. Knowing who the key players are within these forces is essential for building a solid strategy. 2) Evaluate the Power of Each Force Not all forces carry equal weight in every industry. One of the key insights from the simulation was identifying how much power each force holds. Understanding the power of each force can help a company find its position in the market, allowing it to identify its strengths and vulnerabilities. This clarity is crucial for positioning the business strategically. 3) Respond Strategically The most crucial lesson is knowing how to respond. You can't take on every challenge—successful businesses focus on the forces where they can have the most impact. It’s all about playing to your strengths. You don’t need to win every battle, but you do need to choose the right ones. Assessing your company’s position carefully will help decide which challenges are worth tackling and which can be set aside. This simulation provided an incredible hands-on experience in applying these strategic concepts to real-world scenarios. #BusinessStrategy #PortersFiveForces #HarvardBusinessPublishing #Entrepreneurship #Leadership #Learning #Strategy

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