Future CFO

OCTOBER 9, 2024

A recently published whitepaper by Moody's looked deeper into the transformative impact of artificial intelligence on the credit memo process, including the challenges and solutions to boost efficiency in banking operations. The whitepaper, titled " Transforming Banking Operations with AI: A Detailed Look at Automated Credit Memo " delves into the current state of banking and the need of AI driven solutions as well as the role of AI in automating credit memo process.

Risk Management 52

Risk Management Compliance Communication Leverage 52

CFO Dive

OCTOBER 9, 2024

Paul Knopp, KPMG U.S. Chair and CEO, called the deepening accounting talent shortage “a brewing crisis” that needs to be addressed in the “near term.

Accounting 307

Accounting 307

Global Finance

OCTOBER 9, 2024

The recent bankruptcy declarations by Tupperware and Avon Products (API) demonstrate the weakness of a direct-seller model. Tupperware, the plastic containers maker, filed for bankruptcy in September. That came just one month after API, the US-based nonoperational holding company of Avon beauty brands, filed to restructure its debt due to previous and ongoing litigation regarding talc contamination in its products.

Marketing 111

Marketing Restructuring Sales Finance 111

CFO Dive

OCTOBER 9, 2024

Most dealmakers are concerned about the potential impact of upcoming elections, the research found.

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Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

Global Finance

OCTOBER 9, 2024

Standard Chartered is using an artificial intelligence-based Talent Marketplace, developed by New York-headquartered Gloat, to match employees’ skills with project-specific internal gigs. Using a “skills passport,” employees can apply for projects, enhancing their skills and unlocking opportunities to participate in more internal roles. Following an initial 12,000-person pilot in India, which resulted in the biggest increase of year-on-year career satisfaction, it has been used by 39,000 employe

Economics 111

Economics Finance Technology 111

CFO Talks

OCTOBER 9, 2024

Cultivating Organisational Success Through Effective Leadership Leadership plays a critical role in driving the success of any organisation, especially when navigating the complexities of today’s fast-paced business world. As a CFO in South Africa, you’re not only responsible for financial oversight but also for shaping the culture and direction of your company.

Leadership 98

Leadership Problem Solving CFO Communication 98

Global Finance

OCTOBER 9, 2024

Benjamin Fernandes’ goal for the fintech startup he launched in 2018, NALA, was to speed up money transfers within his native Tanzania. It now operates in nearly a dozen African countries, providing African ex-pats working in the US and 20 European countries with a more affordable way to send money home. Last year alone, those outside Africa spent $8 billion in transfer fees.

Startups 95

Startups Valuation Education Finance 95

Bramasol

OCTOBER 9, 2024

When it comes to implementing ERPs and business systems, Fit-to-Standard vs Fit-to-Custom has always posed an important challenge for companies. Leaning toward custom code can provide uniquely tailored processes but can also lead to “digital debt” in terms of systems that are expensive to maintain and update. On the other hand, Fit-to-Standard has often been viewed as not being sufficiently responsive for tailoring process to meet a company’s specific needs.

SAP 95

SAP Compliance 95

Nerd's Eye View

OCTOBER 9, 2024

Gifting is a common planning topic discussed between advisors and clients – often raising questions about which gifts are taxable, need to be reported to the IRS, or may be exempt from reporting altogether. The rules around gifting are nuanced and can create confusion for clients, but advisors with a clear understanding of gifting strategies can guide them toward informed decisions.

Education 78

Education Planning Accounting 78

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

CFO News

OCTOBER 9, 2024

Ratan Tata’s vision, compassion, and relentless pursuit of excellence have left an indelible mark on India and the world. While India is growing leaps and bounds, India Inc. will miss the absence of Ratan Tata, who built the foundation. Here is a quick overview of his life and achievements.

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Future CFO

OCTOBER 9, 2024

Financial operations (FinOps) initiatives are growing in importance amid the DevOps trend toward continuous integration and continuous delivery (CICD) of modern application architectures, according to data and analytics company GlobalData. In a press release, GlobalData says the practice of FinOps represents a relatively new operational framework and initiative growing in recognition among enterprises undergoing digital transformations by migrating applications to the cloud and/or creating clo

Economics 52

Economics Investments Technology 52

CFO News

OCTOBER 9, 2024

The greatest leader of India and the most famous businessman of India Inc, Ratan Tata has passed away at the age of 86. He was admitted to a Mumbai hospital couple of days back. Tata Group Chairman N Chandrasekaran has issued a statement.

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Global Finance

OCTOBER 9, 2024

CTBC Financial Holding’s bid to acquire smaller peer Shin Kong, which aimed to create Taiwan’s largest financial conglomerate and a regional competitor to firms like Hong Kong’s Standard Chartered Bank, Japan’s Nomura Holdings and Singapore’s United Overseas Bank, came to a sudden halt in September. The island’s Financial Supervisory Commission (FSC) rejected the hostile takeover, stating that the plan lacked details, would lead to volatility in the firms’ share prices and, ultimately, sharehold

Investments 52

Investments Banking Finance Planning 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

CFO News

OCTOBER 9, 2024

Sebi has instructed Alternative Investment Funds to carry out due diligence on investors and investments to ensure compliance with laws and prevent illegal activities. This includes special checks for investments from countries bordering India and contributions over 50 percent. AIFs must report the status of existing investments by April 7, 2025.

Investments 75

Investments Compliance 75

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. So why does it seem so hard to find this unicorn platform? The short answer: these two datasets serve different purposes. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO News

OCTOBER 9, 2024

The finance ministry reported over 34.84 lakh audit reports, including approximately 34.09 lakh Tax Audit Reports (TARs), were filed for AY 2024-25 by October 7. This marks a 4.8% increase from the previous year. Extensive outreach and helpdesk support facilitated taxpayers in timely compliance, with the helpdesk handling 1.23 lakh queries during September and October.

Auditing 74

Auditing Compliance Finance 74

CFO Plans

OCTOBER 9, 2024

As businesses expand, especially within the financial services sector, the intricacies of tax compliance can become a formidable challenge. The stakes are high, with severe repercussions for non-compliance, but these challenges also present immense opportunities for optimization. To thrive in this environment, companies must adopt strategic approaches that not only ensure compliance but also enhance their financial health.

Compliance 52

Compliance Tax Planning CFO Concentration 52

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Reconciliations

CFO News

OCTOBER 9, 2024

Finance honchos reacted positively to the RBI's decision to maintain the repo rate at 6.5%, viewing it as a stabilising force for investments and capital expenditure amid global uncertainties, while expressing optimism for potential future rate cuts.

Planning 45

Planning Finance Investments 45

Global Finance

OCTOBER 9, 2024

Microsoft is giving nuclear plant Three Mile Island a second chance to produce electricity. Until now, Three Mile Island was known for its partial nuclear meltdown in 1979, but years later, nuclear power is perceived differently. It is seen as producing clean energy because it doesn’t emit greenhouse gases, and demand is high from tech giants eager to feed their data centers, such as Microsoft, Google, Meta Platforms and Amazon Web Services.

Startups 105

Startups Finance Securities Investments 105

CFO News

OCTOBER 9, 2024

Ratan Tata, the visionary business leader and philanthropist, left an indelible mark on India's corporate landscape. Here's a glimpse into the remarkable life and achievements of the titan, whose legacy will continue to inspire generations.

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Global Finance

OCTOBER 9, 2024

Bank partnerships proliferate as the quest to deliver real-time payments intensifies. But with added speed comes added risk. Why settle for slow? When it comes to processing payments, it’s better for a bank to be “always on,” says Debopama Sen, Citi Services’ head of Payments in the Treasury and Trade Solutions business. Big banks, like Citi, are jockeying to be their clients’ single “port of call” when it comes to transacting.

Mergers and Acquisitions (M&A) 100

Mergers and Acquisitions (M&A) Startups Treasury Banking 100

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

CFO News

OCTOBER 9, 2024

Mukesh Ambani says Ratan Tata's absence is a monumental loss for India. He recalled Tata’s visionary leadership and enduring influence on the nation and its values.

Leadership 45

Leadership 45

CFO Dive

OCTOBER 9, 2024

The hard-to-predict outcome from the Nov. 5 election has compelled CFOs to scale back business expectations and forgo investment, recent surveys show.

Investments 257

Investments 257

CFO News

OCTOBER 9, 2024

​​Stephen Dunn will lead the company's global finance operations and head the transformation of its financial processes to support the next phase of business growth. He will be based at ECU Worldwide’s office in Dubai.

Finance 40

Finance 40

CFO News

OCTOBER 9, 2024

India's removal of the National Company Law Tribunal approval for reverse flip mergers is accelerating the return of Indian startups domiciled abroad. This change has reduced the process time significantly, encouraging companies like Razorpay and KreditBee to return in anticipation of better IPO prospects in India's flourishing market.

Startups 40

Startups Marketing 40

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Marketing