Fri.Nov 08, 2024

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Commerce Anywhere and How ERP Helps

Navigator SAP

There was a moment, between 2018 and 2021, when it seemed like the future of business was largely direct-to-consumer sales (DTC). Eyeglasses firm Warby Parker was crushing it, selling more than 100,000 pairs of eyeglasses in its first year. Peloton was taking the world by storm with its direct-to-consumer exercise equipment. Businesses were cropping up right and left with DTC business models, and investors were lavishing tech valuations on these companies.

Valuation 225
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Consumer expectations hit highest level since July 2021: survey

CFO Dive

Expectations for personal finances have improved amid indications that many Americans, when looking back four years, believe their financial well-being has declined.

Finance 341
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Trending Sources

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Webinar: Kick Your Tired Old ERP Out of the Slow Lane and Accelerate into the Future with Bramasol’s 90-Day Pre-Packaged Solution in SAP Cloud!

Bramasol

SAP Cloud Public Edition has emerged as a leading solution for bringing together ERP, finance, and a wide range of line-of-business capabilities for companies of all sizes and across many industries. Designed around clean core technology, SAP Cloud combines fit-to-standard reliability and maintainability, along with built-in extensibility to seamlessly add unique capabilities where you need them.

SAP 107
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News Corp’s new CFO to receive $2.6M one-time equity bonus

CFO Dive

Lavanya Chandrashekar, 52, most recently CFO of beverage company Diageo, will replace Susan Panuccio, who has held News Corp’s finance reins since 2017.

CFO 274
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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MiB: Peter Goodman, How the World ran Out of Everything

Barry Ritholtz

 This week, we speak with New York Times Global Economic Correspondent Peter Goodman. Prior to the New York Times, Peter began his career as a freelance writer in Southeast Asia before serving as The Washington Post’s Asia Economic Correspondent and later Shanghai Bureau Chief. He has since reported from over 36 countries, holds two Gerald Loeb awards and eight prizes from the Society of American Business Editors and Writers.

More Trending

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Beyond Numbers: Measuring Success in the New Age of Finance

CFO Talks

Beyond Numbers: Measuring Success in the New Age of Finance Imagine running a company where profit isn’t the only measure of success, and the focus shifts to include all areas of impact—from the well-being of employees to environmental responsibility. CFOs are discovering that true success is about more than a healthy balance sheet. Here are some of the new ways to measure success that can add lasting value for businesses in South Africa. 1.

Numbers 52
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The roadmap for new CFOs

Future CFO

Creating and following a comprehensive roadmap is essential for new chief financial officers to effectively navigate their transition, as the first three months are a critical period to establish a strong foundation for leadership, agenda setting, and tenure. According to Gartner, while most organisations do not have a formal onboarding orientation program, the most effective executive transitions tend to have a structured plan in place to address the need for establishing strong working relatio

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Why traditional budgeting methods are failing modern CFOs

Jedox Finance

Change is nearly constant in today's financial landscape, and traditional budgeting methods often fail to meet the evolving needs of modern organizations. This article will explore the limitations of conventional budgeting practices and examine how modern financial planning and analysis (FP&A) tools are transforming the budgeting process. Read on to discover how CFOs can harness [.

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PHDCCI submits pre-Budget suggestions to Finance Ministry

CFO News

The PHD Chamber of Commerce and Industry (PHDCCI) has proposed several recommendations to the Finance Ministry, including tax cuts for individuals and businesses, streamlining appeal processes, and expanding the Production Linked Incentive (PLI) scheme. The industry body emphasized the need for a larger Union Budget to boost capital expenditure and suggested measures to enhance India's manufacturing sector.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Weekend Reading For Financial Planners (November 9–10)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that amidst the impending return of Donald Trump to the White House, observers expect a lighter-touch regulatory environment for RIAs (and the financial services industry as a whole), with many regulations proposed (but not yet implemented) under SEC Chair Gary Gensler (e.g., strengthened rules related to custody and outsourcing) and broader regulatory efforts put forth b

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Q2 results: About 44% of companies miss PAT expectations; Urban demand slows across sectors

CFO News

The Q2FY25 earnings season has raised investor concerns, with 44% of companies missing Profit After Tax (PAT) expectations, reflecting slowing urban demand and rising costs across key sectors like FMCG, retail, and banking.

Retail 45
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GDP likely to grow 6.2 pc in Q2: Barclays

CFO News

India's economic growth is projected to slow to 6.2% in the second quarter of 2024-25, due to a high base effect and heavy rainfall, as per Barclays' estimates. While government spending and rural consumption are picking up, urban demand and private investment remain weak. Barclays has revised its GDP forecast for 2024-25 to 6.8% from 7% earlier, expecting a recovery in the second half of the year.

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India's growth trajectory on track to become third-largest economy by 2027, says NITI Aayog CEO

CFO News

India Third-largest Economy: BVR Subrahmanyam said policy consistency and reforms are fueling economic growth, with a focus on sustainability and MSME support.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Sony Pictures Network India names Sibaji Biswas as CFO

CFO News

Biswas recently stepped down as CFO of Syngene International, with his tenure set to end on November 30, 2024, following his resignation on October 24. In an exclusive conversation with ETCFO, Biswas expressed his intent to transition thoughtfully, opting to join an industry outside of biotech as he leaves Syngene.

CFO 45
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Amnesty Scheme for Customs, easier tax compliance on India Inc's Budget wishlist

CFO News

Indian industry bodies have submitted their wishlist for the upcoming budget, calling for an amnesty scheme for customs, tax cuts for individuals and LLPs, and streamlined tax compliance processes. They also urged the government to expedite faceless appeals, establish a dedicated dispute resolution system, and boost infrastructure spending.

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Apple Inc sets up first subsidiary in India for R&D

CFO News

Apple established a new subsidiary in India, Apple Operations India, marking its first direct presence in the country. This subsidiary will focus on research, design, testing, and providing support to third-party manufacturers. This move signifies Apple's commitment to expanding its operational footprint in India beyond assembly and sales.

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Keerthi Industries CFO Y Sadasiva Rao resigns

CFO News

Rao stepped down from his position in order to pursue other career opportunities, as stated by the company in a regulatory filing to BSE. He relinquished his position after serving the company for 22 years.

CFO 40
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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Alfred Herbert India CFO Sobhana Sethi resigns

CFO News

Sethi joined the company in 2016 and relinquished the position after serving for more than 8 years. ​​​​Given the resignation of Sobhana Sethi, Ananda Bhattacharyya has been appointed as the Company Secretary and Chief Financial Officer of the company.

CFO 40
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Jeevan Scientific Technology CFO Jeevan Krishna Kuchipudi resigns, G Siva Nageswara Rao takes over

CFO News

In light of Jeevan Krishna Kuchipudi's resignation, G Siva Nageswara Rao has been appointed as the new Chief Financial Officer, also effective November 8, 2024.

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Metropolis Healthcare appoints Aditya Shinde as Interim CFO

CFO News

​​This move follows the resignation of Rakesh Agarwal, the former CFO, who stepped down in October after a five-year tenure. Shinde will serve in the role until a permanent CFO is appointed.

CFO 40
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Shipping Corporation of India appoints Charusheela L Golapalli as CFO

CFO News

Golapalli holds a Commerce degree from Mumbai University and is an Associate Member of the Institute of Chartered Accountants of India. Joining SCI in 1995 as a Junior Officer, she now brings nearly three decades of experience to the CFO role.

CFO 40
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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3C IT appoints Dnyaneshwar Gajmal as CFO

CFO News

Gajmal, a Chartered Accountant, brings extensive experience in finance, accounting, and regulatory compliance. Previously serving as a Financial Controller, he has been instrumental in defining financial goals, streamlining operations, and enforcing compliance policies.

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E-way bills for goods soar to record high as trade surges in Oct

CFO News

The e-way bill generation for the transportation of goods from production centres to markets across the country soared to a record high of 11.7 crore during October, representing a 17 per cent jump over the same month of the previous year, data from the Goods and Services Tax Network (GSTN) showed.

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Rural markets stay ahead of urban centres in growth for FMCG goods: NielsenIQ

CFO News

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand which grew faster than urban markets for the third consecutive quarter, according to the latest report by consumer intelligence firm NielsenIQ.

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What is fuelling M&M’s growth even as the auto sector is slowing down? Anish Shah explains

CFO News

Mahindra & Mahindra is thriving. The company is witnessing remarkable growth across its businesses. New product launches, especially in the SUV segment, are driving this success. Mahindra is also making strategic investments in growth areas. These areas include electric vehicles and renewable energy. The company remains optimistic about future prospects.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.