Fri.Jul 12, 2024

article thumbnail

Casual dress codes, informal etiquette may help recruiting and retention, survey indicates

CFO Dive

Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.

article thumbnail

The Software Behind Your Favorite Products: A Guide to Consumer Products Solutions

Navigator SAP

What do Coca-Cola drinks, Skull Candy headphones, Rothy’s shoes, uni-ball pens and Harry’s shaving supplies all have in common? The companies behind these products all rely on ERP software for the development, manufacturing, distribution and sales of their popular consumer products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

BofA tackles digital banking’s transaction pain points

CFO Dive

The latest CashPro platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email the bank.

Banking 303
article thumbnail

Tax authorities bowl a GST googly to AIFs

CFO News

About a dozen such alternative investment funds (AIFs) have recently received notices, with the revenue department questioning why their schemes, housing the fund pools, are not registered under GST. These funds raise huge money every year and bankroll thousands of startups and listed companies.

article thumbnail

Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

article thumbnail

Banks should proactively combat instant payments fraud: BNY

CFO Dive

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

Banking 130

More Trending

article thumbnail

Weekend Reading For Financial Planners (July 13-14)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that at a time when employee retention has heightened importance for advisory firms given the ongoing competition for advisor talent, recent studies indicate that factors such as firm culture and leadership, as well as providing advisors with a sense of autonomy, can play important roles in building advisor loyalty to the firm.

article thumbnail

Supreme Court Devastates Partnership Buy-Out Insurance

CFO Share

Did your partnership setup buy-out life insurance policies to ensure a clean buy-out? Thanks to the US Supreme Court’s ruling in Connelly v. United States , you need to rethink that strategy or face surprise taxes. Buy-out life insurance worked by a company insuring the life of its partners. If that partner passed, the policy pays the company which is contractually bound to repurchase the shares of the deceased partner.

52
article thumbnail

Maximizing Efficiency in Manufacturing

CFO Plans

In today’s dynamic manufacturing landscape, staying competitive requires embracing innovation and efficiency. One powerful way to achieve this is by leveraging SaaS-based accounting software. This cloud-based solution revolutionizes financial operations, streamlining everything from inventory management to cost tracking. Discover how CFO Plans can transform your manufacturing business.

article thumbnail

Why Nonprofits Need to Switch from Cash-Basis to Accrual-Basis Accounting

The Charity CFO

The type of accounting your organization uses could be holding you back from getting the most out of your accounting system. While many nonprofits start with cash-basis accounting due to its simplicity, this method often falls short of providing a comprehensive view of a nonprofit’s financial health. Transitioning to accrual-basis accounting can offer a more accurate representation of finances and enhance long-term planning.

article thumbnail

Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

article thumbnail

ICAI to set up Section 8 company for mediation, arbitration activities

CFO News

The five existing Section 8 companies of the institute are ICAI ARF, XBRL India, IIIPI, ICAI RVO and ISAI.

75
article thumbnail

Central spending gives a boost to liquidity, brings overnight rate 10 bps below repo

CFO News

Following recent elections, increased government spending has injected liquidity into India's banking system, resulting in lower overnight borrowing rates, Treasury Bill yields, and short-term financing costs for Indian companies. Despite these developments, the Reserve Bank of India (RBI) appears cautious about reducing policy rates. The overnight weighted average call rate (WACR), which hovered above the RBI's repo rate of 6.50% in May and June, has averaged 6.39% in July, indicating a surplus

article thumbnail

12.5 crore jobs created in last 10 years: Union Minister

CFO News

Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Thursday that while 12.5 crore jobs have been created in the Indian economy during the last 10 years only 2.9 crore jobs were created in the 10 years before 2014.

40
article thumbnail

Ahead of budget, US-India forum urges FM Sitharaman for stable & predictable tax environment

CFO News

The US-India Strategic Partnership Forum (USISPF) has urged Union Finance Minister Nirmala Sitharaman to prioritize a stable and predictable tax environment in the upcoming Union Budget 2024-25. Emphasizing the need for measures that stimulate growth across sectors, the US-India Tax Forum, a part of USISPF, recommended enhancing ease of doing business, rationalizing business costs, and simplifying tax rates.

article thumbnail

If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

article thumbnail

Insolvency resolutions likely to clock a fresh record in FY25: IBBI chief

CFO News

The Insolvency and Bankruptcy Code (IBC) is seeing a rise in resolved cases, with a focus on innovative approaches and transparency to improve recovery rates. Efforts to save firms from liquidation and address delays in resolution processes are being emphasized by regulators and industry experts.

40
article thumbnail

Quant Mutual Fund clarifies CFO resigned in February before Sebi's raid

CFO News

Quant Mutual Fund has issued a clarification saying that its CFO Harshal Patel had tendered his resignation on 19th February, 2024 and the last day of his service with the company was on 19th May, 2024. The fund house is facing a front-running probe by markets regulator Sebi.

CFO 40
article thumbnail

Retail Inflation snaps five-month record of moderation, increases to 5.08% in June

CFO News

The Consumer Food Price Index (CFPI), which measures changes in food prices, shows a significant increase with a combined inflation rate of 9.36%. The rural CFPI is at 9.15%, while the urban CFPI is slightly higher at 9.55%.

Retail 40
article thumbnail

Rajkamal Synthetics appoints Arihant Jain as CFO

CFO News

Jain has successfully established and grown multiple ventures across diverse industries, said the textile company in its statement to BSE.

CFO 40
article thumbnail

Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.