Thu.Mar 28, 2024

article thumbnail

CFOs trim hiring while adopting automation: Fed survey

CFO Dive

The rising use of robots, artificial intelligence and other automation aligns with signs in recent months that the labor market is cooling.

Marketing 298
article thumbnail

Danny Kahneman: What if Everything is Narrative Fallacy?

Barry Ritholtz

“Our comforting conviction that the world makes sense rests on a secure foundation: Our almost unlimited ability to ignore our ignorance.” – Daniel Kahneman The loss of Danny Kahneman is a reminder that we should review some of his work and apply them to the current market. I am fascinated by the idea of Narrative Fallacy (the term was actually coined by Nassim Taleb in “ The Black Swan “) and how it applies to pretty much ewverything.

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

Startup looking to disrupt ERP market with AI raises $9.2M

CFO Dive

New York-based Nominal said its funding round included participation from executives at Salesforce, ServiceNow and Intel.

Startups 284
article thumbnail

Unleashing animal spirits

CFO News

What will make CFOs borrow big and sign cheques for fresh capex? The government is pitching hard for manufacturing but the majority of the companies are going ahead mostly with working capital loans. What will make them invest heavily and push the capex cycle? What kinds of indications are CFOs waiting for?

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

Chip costs weigh on AI ROI

CFO Dive

AI-driven efficiency gains will likely propel ongoing investments. The cost implications for CFOs are just coming to light.

More Trending

article thumbnail

FTX founder Sam Bankman-Fried gets 25 years in prison

CFO Dive

The sentence was handed down Thursday, nearly five months after crypto’s former golden boy was found guilty on seven counts of fraud and conspiracy.

167
167
article thumbnail

Tatas keeping a close eye on pledged shares as Shapoorji Pallonji goes on Rs 20,000-cr fundraise

CFO News

"Indian lenders and their credit committees would need to evaluate whether their inability to transfer or sell the security in a default situation represents an acceptable risk," said one of the persons.

article thumbnail

The top 10 opportunities for AI

Future CFO

Strategies of organisations now center on generative artificial intelligence (GenAI) following the challenges in 2023 amid macroeconomic weaknesses and cost-savings, according to Ernst & Young. GenAI is seen to have triggered a rebound in confidence against the backdrop of the current market situations. Injecting GenAI into digital transformation strategies , including the finance function, has now been gaining traction in the board room, serving as a key factor in future decision-making pro

article thumbnail

Amul summer product categories to grow by 40-50%

CFO News

Amul India navigates cocoa price surge impact by passing on costs to consumers. However, as Amul is still a value for money brand, it would pinch the consumers. Partnerships with CAMPCO aid cocoa bean producers. Expansion into the US fresh milk market and focus on ice cream and beverage SKUs drive growth expectations of 45-50%.

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

Small Business Strategies: Key Performance Indicators (KPIs) Explained

CFO Share

In the bustling world of small business, the mention of Key Performance Indicators (KPIs) often evokes mixed feelings. For the successful entrepreneur who built their business through passion and rich relationships, diving into the numerical abyss can seem cold or outright alienating. However, embracing small business KPIs is not a departure from your valued team culture.

article thumbnail

Domestic startups come under income tax glare for their recent funding

CFO News

Notices sent a few weeks ago to multiple startups by the I-T department asking for genuineness, credit worthiness of their investors. Post the notices were served, some startups have been asked to cough up taxes and penalties, if their submissions haven’t been adequate. The tax demands have been arrived at by clubbing the funding with the startup’s income.

article thumbnail

Grant Management: Unleashing Impactful Actions

Capital CFO LLC

Grant Management: Unleashing Impactful Actions The email pops up with the subject line “Grant Approval,” and your heart skips a beat and you ask yourself what do I do next for grant management? Your organization applied months ago, hopeful yet realistic about the odds. Now, the news is here, as clear as day: the grant […] The post Grant Management: Unleashing Impactful Actions appeared first on Capital CFO+.

CFO 52
article thumbnail

Mamaearth parent Honasa targets Gen Z users with cosmetic brand Staze

CFO News

Honasa Consumer diversifies into colour cosmetics with Staze, targeting young consumers with affordable products. The company's strategic expansion aims to capture a share of the growing beauty market by introducing new brands and categories.

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

Effortless AI-powered analysis: introducing JedoxAI in the 2024.1 platform update

Jedox Finance

Jedox evolves to enable its users to offer the greatest strategic value to their organizations. Quarterly platform updates introduce new features and build on existing functionality to empower analysts, managers, and planners to achieve better business outcomes.

52
article thumbnail

India can grow at 9% by implementing a few more reforms: Arvind Panagariya

CFO News

The 16th Finance Commission chairman attributed India's progress to Prime Minister Narendra Modi's efforts in creating a conducive environment for businesses, leading to increased investments.

Finance 52
article thumbnail

How to Fix Your Nonprofit Accounting

The Charity CFO

Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules. An effective nonprofit accounting system also helps your organization stay transparent, manage funds wisely, and build trust with donors and the public.

article thumbnail

Byju's offers warring investors to participate in funding, secures 50% votes on rights issue

CFO News

Byju Raveendran, founder and CEO of Byju's, said in a letter to shareholders that despite the “animosity shown by some of the investors in pursuing uncalled for legal actions”, the company continues to show ‘good faith’ towards all the shareholders and would like them to be part of the turnaround story.

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

CBIC issues SOP for officials to prevent taxpayer harassment

CFO News

The Central Board of Indirect Tax and Customs (CBIC) has approved a detailed standard operating procedure (SOP) for officials of the Directorate General of GST Intelligence (DGGI) to improve the ease of doing business and prevent harassment of taxpayers during tax investigations, summons, and searches.

40
article thumbnail

Govt's gross liabilities rise to Rs 160.69 lakh crore at Dec-end: Finance Ministry

CFO News

The finance ministry reported a slight increase in the total gross liabilities of the government to Rs 160.69 lakh crore by December 2023 from Rs 157.84 lakh crore in September. Public debt comprised 90 percent of total gross liabilities during this period. The quarter saw fluctuations in Indian domestic bond yields, influenced by factors like declining crude oil prices, lower-than-expected domestic CPI prints, and news about possible inclusion of Indian Government Bonds in a major global emergi

Finance 40