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 216
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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 290
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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 110
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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 271
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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

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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.

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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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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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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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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.

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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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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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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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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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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.

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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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New process to pay tax demand under GST amnesty scheme clarified by GSTN

CFO News

GST amnesty scheme: If you want to apply for Goods and Services Tax (GST) amnesty scheme waiver of interest and penalty then you need to follow this new process clarified by Goods and Service Tax Network (GSTN). ​"It is informed that Form GST SPL-01 and Form GST SPL-02 are under development and the same will be made available on the common portal tentatively from the first week of January 2025," said GSTN.

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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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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.

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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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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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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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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

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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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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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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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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.