Tue.Aug 20, 2024

article thumbnail

AI spurs ROI confidence among business leaders: KPMG

CFO Dive

Companies “are moving from experimenting with the technology to really starting to put expectations on it,” KPMG’s Per Edin said.

article thumbnail

5 Keys to Accurate Cash Flow Forecasting

CFO Selections

Running out of cash is not only a sign of poor planning, but it's also one of the biggest reasons that businesses fail. Forecasting your company's cash flow can be tricky because of the many variables that determine how much cash you will need for operations versus the amount available.

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

Dentsply initiates CFO search following layoffs, restructuring

CFO Dive

Glenn Coleman is leaving as the dental supply company struggles to regain its footing after a 2022 accounting probe uncovered ethical violations by ex-CFO Jorge Gomez.

article thumbnail

India Inc wants higher CSR share, more companies in youth internship scheme

CFO News

The youth internship scheme unveiled by Finance Minister Nirmala Sitharaman in the Budget 2024 has the potential to make a significant impact on India's workforce development. However, experts say its success will depend on addressing financial and operational challenges, ensuring clear guidelines, and fostering strong collaboration among all stakeholders.

article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

article thumbnail

47% of US firms suffered data breach resulting in severe financial loss

CFO Dive

The study comes as the global average cost of a breach has hit nearly $4.9 million this year, according to an IBM estimate.

322
322

More Trending

article thumbnail

US Bank doubles down on AR with Billtrust

CFO Dive

The Minneapolis-based bank’s new offering seeks to accelerate the accounts receivable process — sometimes viewed as a laggard in the race to automate finance.

Banking 264
article thumbnail

Transcript: Mike Green, Simplify Asset Management

Barry Ritholtz

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

article thumbnail

Gartner: Finance leaders should manage expectations on GenAI

Future CFO

Finance leaders must temper their expectations around generative artificial intelligence (GenAI) even amid the significant hype in the market, according to Gartner. As CFOs look to maximise resources and improve efficiency and decision making through the said technological advancement, Gartner says this can likely lead to a period of disillusionment with various technologies in this space.

Finance 59
article thumbnail

Maximize IT Savings with Outcome-Driven TEM Contracts

E78 Partners

Technology Expense Management (TEM) empowers organizations to optimize and streamline costs and operations for IT assets and services. The service assists companies in managing their technology more effectively. It does this by reducing technical debt, improving financial oversight, and handling IT infrastructure. This includes areas such as telecommunications, mobile technology, cloud computing, software, and IoT.

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

article thumbnail

Local manufacturing to give Rs 25,000 cr annual opportunity for Indian MCE industry

CFO News

As the government prioritises the infrastructure investments, component localisation in the mining and construction equipment (MCE) industry could offer Rs 25,000 crore annual opportunity to construction equipment vendors by FY30, a report showed on Tuesday.

article thumbnail

Maximize IT Savings with Outcome-Driven TEM Contracts

E78 Partners

Technology Expense Management (TEM) empowers organizations to optimize and streamline costs and operations for IT assets and services. The service assists companies in managing their technology more effectively. It does this by reducing technical debt, improving financial oversight, and handling IT infrastructure. This includes areas such as telecommunications, mobile technology, cloud computing, software, and IoT.

article thumbnail

The Mentoring Round | Kabir Ahmed Shakir, CFO, Tata Communications

CFO Thought Leader

Inside The Mentoring Round CFO CFO Kabir Ahmed Shakir highlights the importance of business intimacy, functional skills, and diversity within his finance team.Additionally, he emphasizes the company’s focus on driving profitable, sustainable growth through margin expansion, operational efficiency, and strategic reinvestment. This approach has enabled Tata to fund acquisitions, such as Switch and Kalera, using internal resources.

article thumbnail

#FASuccess Ep 399: Maintaining Company Culture More Virtually (When Scaling Past $3B AUM With 10 Office Locations), With Kelli Kiemle

Nerd's Eye View

Welcome everyone! Welcome to the 399th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Kelli Kiemle. Kelli is the Managing Director of Growth and Client Experience of Halbert Hargrove, an RIA based in Long Beach, California, that oversees $3.1 billion in assets under management for 750 client households. What's unique about Kelli, though, is how she leads efforts at Halbert Hargrove to maintain the firm's 4 core values and build a strong culture, even and especi

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Transcript: Mike Greene, Simplify Asset Management

Barry Ritholtz

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ XXXXX insert transcript here XXXXX ~~~ The post Transcript: Mike Greene, Simplify Asset Management appeared first on The Big Picture.

52
article thumbnail

Dixon CFO on diversification, EMS market share & logic of iSmartU acquisition

CFO News

" iSmartU is a manufacturing entity that manufactures smartphones and feature phones for brands like Itel, Tecno and Infinix, which is part of the group called Transsion Group.

article thumbnail

1,027: Strategic Finance in the Digital Asset Industry: Lessons From a Bitcoin-Mining Leader | Salman Khan, CFO, Marathon Digital Holdings

CFO Thought Leader

When Salman Khan arrived in Dubai from the U.S. in the early 2000s, he was already a seasoned auditor with PricewaterhouseCoopers, ready to narrow his focus to the oil and gas industry. If someone had told him then that he would one day be the CFO of the world’s largest bitcoin-mining company, he may have replied, “ What mining company?” At the time, digital assets were a distant concept, and his world revolved around the complexities of oil reserves, regulations, and international finance.

CFO 52
article thumbnail

India Inc promoters cash out Rs 1 lakh crore in 2024. Sign of stock market peaking?

CFO News

In 2024, promoter sales exceeded Rs 1 lakh crore. Data from ETMarkets and Prime Database reveal that promoters of over 250 companies have sold stakes totaling approximately Rs 97,000 crore through bulk and block deals. Promoters of listed companies have also offloaded stakes through the OFS route which accounts for another Rs 7,300 crore.

article thumbnail

Back to Basics with Reconciliations

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.

article thumbnail

Need to maintain balance between enforcement, ease of biz: Revenue Secy to GST officers

CFO News

Revenue Secretary Sanjay Malhotra emphasized the need for balancing enforcement with ease of doing business while addressing GST evasion cases. He called for tracking masterminds behind fake input tax credits to ensure effective deterrence. This statement was made at the second National Conference of Enforcement Chiefs, held amid a nationwide drive to detect fake GST registrations, which started on August 16 and will run for two months.

40
article thumbnail

Sebi proposes changes to make rights issues quicker and more efficient for Indian companies

CFO News

Sebi has proposed reforms to streamline the process for Indian companies to raise funds via rights issues. Key changes include eliminating draft offer letter, removing the merchant banker requirement, and reducing timelines.

40
article thumbnail

RBI governor Das ranked as top central banker for 2nd year

CFO News

Das - along with Christian Kettel Thomsen of Denmark and Thomas Jordan of Switzerland - has been given A+ rating based on success in areas such as inflation control and interest rate management among others.

40
article thumbnail

Byju Raveendran vows to pay staff salaries once he regains control over accounts

CFO News

According to the founder of the troubled edtech firm, loss of control over the company’s accounts following SC staying NCLAT’s decision has stopped the founders from infusing more capital to pay the salaries. On August 14, the Supreme Court stayed the National Company Law Appellate Tribunal’s (NCLAT) order that approved the settlement deal between Think & Learn Pvt Ltd, the parent company of Byju's, and the Board of Control for Cricket in India (BCCI).

article thumbnail

Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

article thumbnail

CCI tunes in to RIL-Disney merger show, raises query

CFO News

The Competition Commission of India (CCI) has raised antitrust concerns about Reliance Industries and Walt Disney's $8.5-billion merger of their media assets. The proposed merger could create a dominant entity in India's entertainment sector, holding significant cricket broadcasting rights. To ease concerns, Reliance and Disney have proposed shutting certain channels and await regulatory approval.

article thumbnail

Centre-states meets soon on rollout of jobs schemes

CFO News

The labour and employment ministry will hold a virtual meeting with the states and UTs on Wednesday, followed by six regional meetings from August 30 to October 4, with focus on labour codes, employment generation, integration of e-Shram portal and extension of social security benefits to building and other construction workers, govt officials told ET.

article thumbnail

Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's

CFO News

The oil and gas sector and Reliance Industries will collectively account for over 60 per cent of the rated Indian portfolio's spending over the next couple of years, Moody's.

article thumbnail

Bharat Bandh: Are banks & post offices open on August 21, 2024?

CFO News

On August 21, 2024, a Bharat Bandh is being observed by the Reservation Bachao Sangharsh Samiti due to a Supreme Court decision on SC/ST reservations.

Banking 40
article thumbnail

Solve Your Firm's Automation Complexities Once and For All

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.