Focus CFO

NOVEMBER 22, 2024

This clarity not only informs your budget but also drives strategic decision-making across your entire organization. Here are five key ways to align your sales forecasting and budgeting processes for success in the year ahead. How will you build your budget? This does not, however, mean that the plan should not be adjusted.

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CFO News Room

FEBRUARY 4, 2022

How the Budget platform was used for setting a roadmap for the next 25 years is indeed commendable, with something for everyone and a special focus on new-age industries like start-ups, infrastructure, blended fuel, electrical vehicles, digital currencies, blockchain technologies and renewable energy.

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CFO News

NOVEMBER 8, 2024

The industry body emphasized the need for a larger Union Budget to boost capital expenditure and suggested measures to enhance India's manufacturing sector.

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CFO News Room

FEBRUARY 5, 2022

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.

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CFO News Room

FEBRUARY 4, 2022

The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, Revenue Secretary Tarun Bajaj said on Friday. lakh crore in Budget estimates (BE) to Rs 12.50 lakh crore in revised estimates (RE).For

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CFO News Room

FEBRUARY 6, 2022

Also, a design-led manufacturing scheme for building an ecosystem for 5G will be launched, the outlay for which might be allocated from the existing production linked scheme (PLI) for telecom equipment. The Union Budget of the year 2022-23 is pro-growth with emphasis on providing further impetus to the Digital India initiative.

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CFO News

JANUARY 1, 2023

Echoing finance minister Nirmala Sitharaman’s statement that fiscal 2024 budget will follow the spirit of the earlier ones, economists expect it to be a pragmatic, rather than a populist, budget, even though this is the last full budget before the 2024 general elections.

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Navigator SAP

MARCH 4, 2022

Implementing an enterprise resource planning (ERP) system has become a matter of survival for startups that want to scale fast or involve complex manufacturing operations, as the process efficiencies and data transparency ERP delivers can make or break such businesses. Next, budget usually plays a critical role in the selection of a system.

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CFO News Room

FEBRUARY 6, 2022

To generate employment, we have brought in production linked schemes and given incentives to manufacturing companies, she says. How is the budget is going to promote job creation? To generate employment, we have brought in production-linked schemes and given incentives to manufacturing companies. It is a speaking budget.

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CFO Talks

NOVEMBER 29, 2024

. “We’ve had a 40% reduction in carbon dioxide, an 80% reduction in nitrogen oxide, and a near 100% reduction in particulates,” she shared during the CFO Club podcast, emphasizing the tangible impact of GDC’s clean energy initiatives on Cameroon’s manufacturing sector. Our last two wells cost over $100 million,” she noted.

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PYMNTS

JULY 12, 2020

The COVID-19 pandemic may have brought manufacturing to a halt, but that hasn’t stopped these same companies from investing in software upgrades and technology initiatives to stay competitive. manufacturers dropped in May to its lowest level since May 2009. The Wall Street Journal reported companies such as Xylem Inc.,

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CFO News Room

FEBRUARY 5, 2022

Tthe Budget is a testimony to the fact that good voluntary tax compliance leads to better revenue collection and a stable tax regime. The FM entered Parliament to present her fourth Budget with a ‘Made in India’ tablet wrapped in a red pouch like a traditional bahi khata. Also Read | Industry speak | A relatively conservative Budget.

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Centage

AUGUST 8, 2023

When an organization first sets up its budget, an easily accessible tool like Excel can be the perfect solution. But as a business grows and financials become more complex, an Excel or spreadsheet-based budget may be holding it back. Plus, more team members will need to have input into the numbers that make up a company’s budget.

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Centage

JANUARY 17, 2023

As part of this process, the office of finance and department heads spend an immense amount of time creating, reviewing and approving the business’s budget for the fiscal year ahead – but it’s important that financial management doesn’t stop there. Budget vs Actual Statement – What It Is and What It Isn’t.

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CFO News Room

FEBRUARY 5, 2022

The finance minister has delivered a progressive Budget, spelling out the government’s goal to complement macro-growth with micro-all-inclusive welfare, while giving a thrust to the key economic drivers such as strengthening the start-up infrastructure, digitisation, fintech, tech-enabled development, energy transition and climate action.

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CFO News Room

FEBRUARY 3, 2022

Finance Minister Nirmala Sitharaman’s Budget proposals have come at a time when there are three important takeaways on the trade front. Previous Budgets had proposed several initiatives to dovetail trade policy with the manufacturing policy. would be applied.

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CFO News Room

FEBRUARY 5, 2022

The Union Budget 2022 is a visionary Budget with a 25-year outlook. It continues the momentum of the 2021 Budget with steadfast focus on infrastructure building, infrastructure financing, manufacturing and productivity enhancement using technology and digital outreach, as the growth engines of the economy.

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The Finance Weekly

FEBRUARY 23, 2025

This leads to better budgeting, more reliable forecasting, and stronger financial stability. For example, if a company aims to expand online sales, FP&A teams analyze marketing costs and expected revenue to determine budget allocations. Create a Budget - Estimate costs for hiring, training, and licenses.

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VCFO

MARCH 17, 2023

How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result.

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Manufacturing Forecasting Profit and Loss Benchmarking 70

CFO Plans

OCTOBER 29, 2024

Strategic Budget Planning as a Success Blueprint The journey to financial stability begins with strategic budget planning. A well-structured budget serves as a roadmap, guiding businesses toward prudent financial decisions and sustainable growth. Learn How to Enhance Your Cash Flow with these proven strategies.

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CFO Talks

DECEMBER 5, 2024

Ask Why, Not Just How Traditionally, CFOs focus on the “how”—how to manage cash flow, how to meet budgets, or how to achieve targets. One curious CFO at a manufacturing firm experimented with an AI-driven procurement system in one plant. While these are critical tasks, they don’t reveal the bigger picture.

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CFO News

JANUARY 3, 2023

The following are some steps that the government could consider to include in the Union Budget 2023-2024 to make it possible,” the Society of Manufacturers of Electric Vehicle (SMEV), said in a statement. With government support, the Indian EV industry can become a global hub.

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CFO News

FEBRUARY 1, 2025

In Union Budget 2025-26, FM Nirmala Sitharaman announced the National Manufacturing Mission and a focus on green tech manufacturing, aiming to boost Indias industrial growth, sustainability, and job creation.

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CFO Plans

JULY 12, 2024

In today’s dynamic manufacturing landscape, staying competitive requires embracing innovation and efficiency. Discover how CFO Plans can transform your manufacturing business. Discover how CFO Plans can transform your manufacturing business. One powerful way to achieve this is by leveraging SaaS-based accounting software.

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CFO News

JANUARY 10, 2025

Union Budget 2025: India's manufacturing and services sectors continue to grow strongly, reflected in the latest December PMI figures. The central bank's rate cut and the upcoming Union Budgets capex push should further boost economic momentum.

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CFO News

FEBRUARY 1, 2025

In Union Budget 2025, Finance Minister Nirmala Sitharaman announced significant reforms aimed at empowering Micro, Small, and Medium Enterprises (MSMEs), alongside a strong focus on enhancing manufacturing, including new initiatives for startups, women entrepreneurs, and the footwear and leather sectors.

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CFO News Room

FEBRUARY 5, 2022

However, it will neutralise the advantages that SEZs, being specifically delineated duty-free enclaves, enjoy vis-à-vis domestic manufacturers to ensure a level-playing field, Goyal indicated. SEZs sold manufactured goods worth 50,033 crore in the domestic market last fiscal, down from 53,831 crore in FY20.

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Global Finance

MARCH 6, 2025

billion defense budget allocates 42% to weapon systems procurement. The plan is to raise the defense budget to at least 4% of GDP in 2026. The FDI split by sector reveals that most foreign entities invested in banking, real estate, technical services and manufacturing. The countrys 1.6

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Future CFO

DECEMBER 3, 2023

“The manufacturing landscape is changing. 61% of manufacturers are heavily embracing automation. 49% of self-described modern manufacturers are employing AI. 61% of manufacturers are heavily embracing automation. 49% of self-described modern manufacturers are employing AI.

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The Finance Weekly

NOVEMBER 4, 2024

It’s the funding behind everything from purchasing new machinery to upgrading office space or expanding a manufacturing plant. While CapEx can take a big bite out of your budget, it's important for ensuring your business stays competitive and efficient. Think of CapEx as a company's investment in its future growth.

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CFO News

JANUARY 23, 2025

Experts call out for more strategic thinking and policy initiatives in the Budget that can make India a top global technology manufacturing outfit.

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CFO News

JANUARY 27, 2025

Days ahead of the Union Budget 2025-26 on February 1, the industry players in the manufacturing sector have called for favourable policies boosting local manufacturing, reducing GST on consumer durables, and tax reforms to increase disposable incomes and stimulate consumer spending.

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CFO News

JANUARY 22, 2025

India Budget: India aims to become the third-largest economy by 2027 and developed by 2047 through bolstering its manufacturing sector. The government's focus lies on MSMEs, infrastructure development, and integrating into global value chains, addressing challenges like access to funding and skill upgrades.

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CFO Simplified

FEBRUARY 17, 2022

Nobody likes creating a budget. But budgeting is vital because it’s the company’s plan for the coming year. If the proper analysis is done, then the budget becomes a tool to guide the company forward. Budgeting is a process that may result in multiple iterations before the resulting numbers are acceptable. Evaluation.

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Budgeting Cash Flow Forecasting Profit and Loss CFO 52

The Finance Weekly

FEBRUARY 22, 2025

Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data.

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CFO News

JANUARY 29, 2025

The budget, to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is expected to centre on growth, innovation, and sustainability, particularly through the expansion of the Production-Linked Incentive (PLI) schemes.

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Jedox Finance

MARCH 25, 2021

Mid-market and enterprise manufacturers often operate multiple plants in more than one country. A planning and budgeting process that is supported only by Excel results in hundreds, if not thousands, of spreadsheets being sent back and forth.

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