Mon.Jul 08, 2024

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How Deel is building truly global payroll

CFO Dive

In today’s global economy, the shift to work-from-anywhere has opened up the possibility of hiring the best people in the world to power your company.

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The Return Of IAR Ethics CE Day And The State Of The (Nerd’s Eye View) Blog

Nerd's Eye View

After several turbulent years in both markets and workforces, 2024 appears to be the 'most normal' year of late, with strong market performance, cooling (or at least no longer rising!?) interest rates, and relatively little new tax legislation (yet). Yet the need for advisor education – and the regulatory requirements to get it (in the form of Continuing Education obligations) – never ends, with the latest focus for most financial advisors being on the ongoing expansion of NASAA's 20

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Trending Sources

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Crypto theft doubles to $1.38B

CFO Dive

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

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Revenue forecasting: Align business objectives, create a solid budget foundation, and make better decisions

Jedox Finance

Revenue forecasting plays a crucial role in business planning. It provides organizations with insights into their future financial performance and helps them set realistic goals. Through an analysis of historical performance data, market trends, and other important factors, organizations can also identify potential risks and optimize sales strategies.

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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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Serta brings in ElectroLux alum as finance chief after latest CEO swap

CFO Dive

GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.

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How CFOs can survive a takeover

CFO Dive

CFOs need to make sure they have a road map for handing the company over to the buyer, West Monroe’s Connor Augustyn said.

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Safeguarding Your Software Supply Chain: Lessons from the CDK Global Cyberattack

E78 Partners

The recent CDK Global Cyberattack sheds light on the importance of protecting your software supply chain. As a leading provider of software-as-a-service (SaaS) solutions for car dealerships, CDK Global’s operations were heavily affected, impacting numerous clients. By looking at the details of the CDK cyberattack and understanding, what a software supply chain attack entails, we can identify best practices for ensuring your organization’s security.

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4 tips for combating CFO deepfakes

CFO Dive

CFOs need to be cautious posting personal material on social accounts, as such information can be used to build deepfakes.

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Welcoming our 2024 WMNfintech Cohort!

Bank of the West

BMO is proud to welcome the 2024 WMNfintech cohort, our new class of women-founded, women-led fintech startups that are transforming the financial sector. Participating WMNfintech startups have raised more than… Read more The post Welcoming our 2024 WMNfintech Cohort! appeared first on About BMO.

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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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Future-proof finance talent through upskilling and digital transformation

CFO Dive

Why finance leaders must modernize within their own departments to bridge the growing talent gap.

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1,014: Passion and Purpose: Building a Vibrant Finance Culture | Karen Williams, CFO, American Express Global Business Travel

CFO Thought Leader

Karen Williams’s journey to becoming a successful CFO began with a crucial lesson learned early in her career at the UK headquarters of candy giant Mars. As a young professional, she tells us, she had failed to grasp the importance of relationship-building and expressing her passion for the business. At times, this void had kept her sidelined and stymied her professional growth, a conclusion that she would reach only much later, when she personally witnessed the power of networking and per

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Manufacturing for Tomorrow: Integrating Environmental Sustainability into Supply Chain Finance

CFO News

Deepak Rastogi, CFO at Deepak Fertilisers and Petrochemicals LTD, explores the pivotal role of sustainable finance in driving eco-friendly practices within the manufacturing sector.

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Protected: Career Guide: Becoming a Fractional CFO

Beacon CFO Plus

This content is password protected. To view it please enter your password below: Password: The post Protected: Career Guide: Becoming a Fractional CFO appeared first on BeaconCFO Plus.

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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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Budget FY25 should focus on tax relief to boost consumption: India Inc

CFO News

Rating agency ICRA said the government is likely to set a fiscal deficit target at 4.9-5 per cent for FY25, as against 5.1 per cent estimated in the Interim Budget on February 1, without compromising the capital expenditure target of Rs 11.1 lakh crore.

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Compliances cut, MCA gets tough on flouting companies law

CFO News

Arms of the Ministry of Corporate Affairs (MCA) have intensified enforcement actions in recent quarters to ensure stricter adherence to rules, even as the government has lessened the compliance burden on India Inc. In the June quarter, various Registrars of Companies (RoCs) issued a total of 321 orders against firms for alleged lapses under the Companies Act.

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India generates 46.7 million jobs in 2023-24 fiscal: RBI data

CFO News

The employment growth rate for the fastest growing major economy stood at 6% in FY24 against 3.2% in the preceding fiscal, the central bank said Monday in a report on measuring productivity on industry level.

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Budget 2024: Travel agents body demands industry status, GST rate rationalization for tourism sector

CFO News

Union Budget 2024: On Monday, the Travel Agents Association of India (TAAI) called for several measures to support the domestic travel and tourism sector. These include streamlined visa requirements, promoting visa-free entry for tourists, rationalising GST rates and GST credit, and granting industry status to all stakeholders. The sector contributes 5.8 percent to India's GDP and has an ambitious target of reaching USD 1 trillion by 2047.

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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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Budget 2024 staffing industry's wish list: Tax breaks, skill development, and PF reforms

CFO News

The staffing and HR industry anticipates tax breaks and investment in skill development in the FY25 budget. They propose lowering the GST on employment services from 18% to 5% and easing EPF contribution rules for staffing companies. Emphasizing skilling in sectors like semiconductors and EVs could address talent shortages and unemployment.

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Price cuts fail to speed up FMCG sales as urban India takes it slow

CFO News

FMCG sales growth has slowed down in both urban and rural areas despite price cuts. Factors such as heat waves, election-related restrictions, and reduced cash-buying have impacted demand. Analysts foresee a potential rural-led recovery in the second half of FY25, with expectations of muted value growth and potential volume growth for staple companies.

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At private dinner, Modi & Putin discuss Eurasian geopolitics, Indian investments

CFO News

Prime Minister Narendra Modi and Russian President Vladimir Putin engaged in a detailed dialogue on Monday addressing the Eurasian landscape and its security, trade imbalance, the upcoming BRICS summit in Kazan, joint defense manufacturing under the 'Make in India' initiative, and India's expansion in the Far-East via the Vladivostok-Chennai maritime corridor.

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JSW Steel to spend $1 billion on decarbonisation, aims net neutral by 2050

CFO News

In its first phase by 2030, the country’s largest steel-maker intends to cut its emissions to 1.95 tonnes of CO2 for every tonne of steel produced. Its currently emits 2.36 tonne of CO2 for a tonne of steel.

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How Top CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.