Fri.Oct 04, 2024

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What must-have AI skills do finance execs need? First, dig in.

CFO Dive

CFOs don’t need to code AI themselves, but they do need to try it out and learn how it can be applied to their individual situations, consultants say.

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Drive Smart Manufacturing with SAP S/4HANA Cloud Public Edition

Navigator SAP

Manufacturers are buffeted by a range of challenges today. From supply chain issues and the rising cost of raw inputs to labor shortages and technological change, there are many issues to keep management up at night. But smart manufacturing and core enabling technologies such as SAP S/4HANA Cloud Public Edition can help.

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Trending Sources

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Inflation, interest rates continue to drive big business bankruptcies

CFO Dive

The services, manufacturing, finance and real estate sectors are among the industries experiencing higher levels of financial distress, according to Cornerstone.

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Weekend Reading For Financial Planners (October 5–6)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey from Charles Schwab indicates that advisors see technology as the biggest driver of change in the RIA industry, with the growing number of AdvisorTech solutions as the most frequently cited tech-related driver of change.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Jack in the Box controller takes third spin as interim CFO

CFO Dive

For her third go-round as interim CFO, Jack in the Box controller Dawn Hooper will see a $19,500 monthly boost to her annual salary, the company said.

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More Trending

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Hurricane Helene aftermath prompts card, cash troubles

CFO Dive

After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.

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How BMO supports Hispanic and Latino Communities across the U.S.

Bank of the West

As BMO celebrates Hispanic Heritage Month, we’re also working to make an impact on the vibrant Hispanic and Latino communities across our U.S. footprint. We’re proud to partner with a… Read more The post How BMO supports Hispanic and Latino Communities across the U.S. appeared first on About BMO.

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MiB: Vincent Aita of Cutter Capital on the DNA of Biotech Investing

Barry Ritholtz

 This week, we speak with Vincent Aita, Founder and CIO of Cutter Capital Management. Prior to founding Cutter Capital in November 2022, Vincent spent time as a Senior Analyst for Millennium Partners and a Portfolio Manager at Citadel. He also received a Ph.D. in molecular genetics from Columbia University. We discuss the launch of Cutter Capital and how he managed to combine a love for genetics and business into a successful career.

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GST panel deliberates on lowering rate on health insurance, tractors

CFO News

As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Navigating the Tech Financial Landscape

CFO Plans

In the whirlwind world of tech, where every day is a new adventure in innovation, sticking to old-school bookkeeping is like using a typewriter in a world of tablets. Tech companies crave more than just the basics—they need a financial sidekick that understands their ever-changing nature. Start Optimizing Your Financial Strategy Today with efficient bookkeeping services and strategic services that go beyond what your in-house team can offer.

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From Unsolicited Offer to Successful Sale: The Power of an Exit-Ready Advisory Team

Focus CFO

It sounds like a dream scenario: A potential buyer sees opportunity and value in your business and presents you with an offer to buy what you’ve built.

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Public Accounts Committee calls SEBI chief on Oct 24 amid Adani-Hindenburg row

CFO News

Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned.

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"Optimism around India not a coincidence, but due to reforms": PM Modi at Kautilya Conclave

CFO News

"This conclave is being organised at a time when there is a war situation in two big regions of the world. Both these regions are very important for the global economy, especially energy security.

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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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India's forex reserves top $700 billion for first time after seven-week surge

CFO News

INDIA-CENBANK-India's forex reserves top $700 billion for first time after seven-week surge

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India, EU in negotiations as October deadline on oversight looms

CFO News

Indian and European regulators are working to resolve clearing house oversight issues. If not resolved by October's end, European banks must set up provisions with Indian custodians. This dispute, triggered by ESMA’s withdrawal of recognition from Indian CCPs, might disrupt significant trading. Talks continue in a constructive manner with potential solutions being explored.

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Indian venture capital firms are increasingly hiring more women

CFO News

Venture capital firms like Blume Ventures, Lightspeed India, and Bertelsmann India Investments are actively increasing female representation across their teams. They believe that diverse perspectives lead to better investment decisions and sustainable business growth, with specific recruitment strategies aimed at leveling the playing field for women in the VC ecosystem.

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US-China trade war escalation may help Indian exports: GTRI

CFO News

Escalating US-China trade tensions could boost India's exports and attract American investments, as new US Senate bills may shift production away from China. India can leverage this by enhancing its manufacturing sector in electronics, textiles, and other industries, reducing reliance on Chinese products.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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CBIC orders immediate de-mapping of retired, transferred officers from GST portal

CFO News

The CBIC has directed zonal heads to de-map officers from the GST portal immediately after retirement or transfer to prevent unauthorised access. This decision follows a case where an officer sanctioned a fraudulent refund because they were not de-mapped. Supervisory officers will monitor the de-mapping process and report compliance to jurisdictional commissioners.

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DPIIT ties up with Johnson Controls-Hitachi to launch startup incubator

CFO News

The startup incubator is established to support manufacturing-focused startups of select sectors, fostering technological advancements, sustainability, and energy efficiency.

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Unified data highway can unlock USD 3-4 trillion annually for emerging nations by 2030

CFO News

The report notes that unified data highways (UDH), the next frontier of digital public infrastructure will unlock an economic value of USD 3-4 trillion per annum for emerging nations by 2030.

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RBI appoints Aviral Jain as new Executive Director

CFO News

As Executive Director, Jain will look after the Legal Department, Premises Department and Right to Information Act (First Appellate Authority).

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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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Shapoorji Pallonji Group to merge port holding cos

CFO News

Shapoorji Pallonji Group is planning to merge SP Imperial Star and SP Port Maintenance, which hold Dharamtar and Gopalpur Ports. Dharamtar has been sold to JSW, while Gopalpur is being sold to Adani. The merger will follow Company Law Tribunal procedures, taking several months to finalize.

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Amazon to increase the individual contributor to manager ratio by 15% through layoffs: How many reportees can a manager can effectively oversee?

CFO News

Amazon plans to cut around 14,000 manager positions by early 2025, potentially saving up to $3 billion annually, as part of a strategy to enhance operational efficiency. So, what is the ideal reportee-to-manager ratio? And what are the factors that an organization should keep in mind while deciding on the right manager-to-individual contributor ratio?

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Lahoti Overseas CFO Pradeep Bachhuka resigns

CFO News

CFO: Bachhuka cited health issues as the reason for his departure.

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Vaishno Cement appoints Jatin Nanji Chheda as CFO

CFO News

CFO: Additionally, the company recently appointed Nandini Miami as its Company Secretary and Compliance Officer.

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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.