Fri.Jul 19, 2024

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Finance leaders need to move quickly to prep for the ‘tax trifecta’

CFO Dive

U.S. businesses must begin scenario planning ahead of the presidential election to avoid being caught off guard by sudden shifts in tax policy, KPMG’s Rema Serafi writes.

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Beyond Paperwork: The Future of Business with SAP EDI Integration

Navigator SAP

There’s work that advances a business, and then there’s paper pushing. With SAP EDI integration, small to medium-sized businesses can significantly reduce paperwork and instead focus on the activities that actually drive sales, build brands, and differentiate companies.

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Trending Sources

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‘Surge Moment’: Generative AI upends time-tested measurements of ROI

CFO Dive

CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.

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Weekend Reading For Financial Planners (July 20-21)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Charles Schwab and other brokerage platforms are planning to increase the interest rates they pay on client cash held in their platform or cash sweep programs, which could boost the income of clients who maintain a cash balance in their accounts.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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CrowdStrike software update at the root of a massive global IT outage

CFO Dive

A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.

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More Trending

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Legacy tech upgrades cost the average business nearly $3M last year

CFO Dive

Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.

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Setting Up Payroll for Your Remote Team: Tips & Tricks

Capital CFO LLC

Setting up payroll for your remote team is like conducting a finely tuned orchestra. Without harmony, the intricate task of setting up payroll for your remote team can become a cacophony of complications, drowning in a sea of tax codes, compliance challenges, and payment logistics. Yet, with the right guidance, establishing a seamless payroll system […] The post Setting Up Payroll for Your Remote Team: Tips & Tricks appeared first on Capital CFO+.

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The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

When most people think of an organization’s financial department, they think of accountants. But did you know there are a variety of financial professionals that are essential to the financial well-being of an organization? Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. This guide will walk you through the function of each role and how they compare to one another.

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Director

Fox Corporate Finance

FCF ist eine spezialisierte Investmentbank und Finanzierungsspezialist für börsennotierte und private Unternehmen des Mittelstands im deutschsprachigen Raum. FCF strukturiert, arrangiert und platziert Eigen- und Fremdkapitalfinanzierungen und unterstützt seine Mandanten bei der Realisierung von Venture-, Wachstums-, Read more The post Director appeared first on FCF Fox Corporate Finance GmbH.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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ION Group announces closing of Prelios acquisition

Reval

MILAN, July 19, 2024: X3 Group (“X3”), a subsidiary of ION Group, announces. The post ION Group announces closing of Prelios acquisition appeared first on ION.

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Budget 2024: Laying the roadmap for ‘Viksit Bharat’

CFO News

Sanjay Tolia, Partner – Price Waterhouse & Co LLP, explores the multifaceted expectations and potential changes in the forthcoming Union Budget that aim to shape India’s economic landscape and future.

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An Entrepreneur Leverages AI to Revolutionize Finance Operations | Tal Kirschenbaum, Co-Founder & CEO, Ledge

CFO Thought Leader

In this special Trouble Shooter episode of CFO Thought Leader, we speak with Tal Kirschenbaum, CEO and founder of Ledge. Together, we delve into his career journey and the foresight that led him to identify a significant opportunity in finance automation. Tal’s path, starting from his finance education at the University of Chicago and Tel Aviv University, through various roles at Intel Capital, BCG, Facebook, and Milio, provided him with a broad perspective on financial operations and corp

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Revex has a higher multiplier effect than tax cuts, Capex should grow moderately, say Economists

CFO News

Economists stress the need for fiscal discipline alongside growth, emphasising strategic capex and efficient revenue spending to meet the 4.5 percent fiscal deficit target by FY26. Eyes are on leveraging the unexpected RBI dividends and boosting private investment by increasing consumption drivers.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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Ex-Trump CFO Weisselberg released from second jail stint

CFO Dive

The former CFO was released from prison Friday after pleading guilty to charges of felony perjury related to testimony given in ex-president Trump’s $464 million civil fraud trial.

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Infosys resumes campus recruitments, plans to hire 15,000-20,000 fresh graduates

CFO News

Infosys and TCS are set to recruit thousands of fresh graduates this fiscal year, adjusting hiring strategies to include both on-campus and off-campus placements. IT firms focusing on agile hiring approaches to meet evolving market demands.

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Significant uptick in mainboard IPOs in FY24, $97 bln raised by Indian financial services companies: Report

CFO News

According to a report by KPMG India, India has witnessed a significant jump in the mainboard IPOs in FY24, with a total of USD 619 billion raised through 76 IPOs. The financial services sector also had about 10 IPOs raising a total of USD 97 billion in FY24.

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Tax sops for sovereign, pension funds extended by a year

CFO News

The Central Board of Direct Taxes (CBDT) has extended tax exemption for sovereign wealth funds and pension funds in India until March 31, 2025. The exemption allows these funds to claim tax benefits on dividend income, interest income, and long-term capital gains from infrastructure investments made by these entities in India. The move was introduced in 2020 under Section 10 (23FE) under the Income Tax Act to encourage long-term investments in critical infrastructure projects.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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MSME Act proposed to be amended to ensure expeditious payments

CFO News

The Indian government plans to amend the MSME Development Act, 2006, to expedite payments to MSMEs with a more effective 45-day rule and online dispute resolution for overdue payments. Buyers will owe interest at three times the RBI's rate if they miss the payment window. Additionally, the amendments will incorporate energy efficiency, decarbonisation, and updated income tax provisions.

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Budget 2024- Scaling India’s Green Energy Transition and Economic Growth

CFO News

Preeti Gupta Mohanty, Group CFO of Schneider Electric India, shares insights on India's journey to becoming a $7 trillion economy by 2030 and the pivotal role of the upcoming budget.