Mon.Oct 14, 2024

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What to do if your company is buried in debt—or how to avoid it

CFO Dive

Bank of Texas talks “zombie companies” and offers advice for companies buried in debt and those looking to avoid it.

Banking 178
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Mexico: Banking Beyond Brick And Mortar

Global Finance

Mexican fintechs eye a piece of the nearshoring pie. Mexico continues to post record numbers for many of its economic indicators. And with what is projected to be a $30 billion-$40 billion nearshoring bonanza in its sights, financial institutions of all sorts are rushing to stake their claim. The $644 billion-in-assets banking sector remains dominated by a few brick-and-mortar, multinational giants.

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Trending Sources

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Female CFOs, CEOs at big companies outearn male counterparts

CFO Dive

Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.

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10 Columbus Day AM Reads

Barry Ritholtz

My back-to-work-because-Columbus-Day-is-no-longer-a-market-holiday morning reads: • If you think grocery prices take a big bite out of your paycheck in the US, check out the rest of the world : What’s more, it’s important to note that food prices in the U.S. — relatively speaking — are the cheapest in the world, and have been for a long time.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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Deloitte joins backers of 120-credit hours CPA licensure option

CFO Dive

KPMG and now Deloitte have endorsed a proposed change in CPA licensure requirements allowing candidates to replace a fifth year of schooling with work experience.

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More Trending

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Lightpath CFO aims to drive finance team’s strategic focus

CFO Dive

Newly-minted CFO Rachel Stack wants to ensure Lightpath’s financial talent has the tools they need to think more strategically.

CFO 176
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PLI scheme for white goods: 38 firms commit investments worth Rs 4,121 crore

CFO News

In a boost for local manufacturing, 38 companies have applied for the PLI scheme for white goods (air conditioners and LED lights) with a net committed investment of Rs 4,121 crore in the third round, the government informed on Monday.

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Achieve financial excellence with IFS cloud. Learn how at the Orlando Gartner IT Symposium

CFO Dive

Empower your CFO strategy—book a personalized demo with IFS Cloud at Gartner IT Symposium!

CFO 133
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Latin America: Getting The Development Formula Right

Global Finance

Governments in Latin America and the Caribbean are kick-starting infra-structure projects, hoping to join the nearshoring boom. But corruption and other hurdles persist. Mexico’s President-elect Claudia Sheinbaum announced three new passenger train lines in July as one of her victory promises, highlighting a potential traffic jam for the country’s nearshoring boom and a larger regional need for infrastructure investment.

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Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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AT&T, Broadcom move toward settling legal feud

CFO Dive

The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.

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Stepping Up For The Unbanked

Global Finance

With Brazil in the lead, Latin America is rapidly growing an innovative coterie of fintechs, filling service gaps ranging from credit to payment platforms to mobile banking. Latin America has established itself as a magnet for fintech investment. The region received $15.6 billion in investments for financial technology providers over the past 10 years, with Brazilian companies making up 66.7% of the total, according to consultant Distrito’s Fintech Report 2024.

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1,042: From the Diamond to the Board Room: A CFO’s Journey | Max Krakowiak, CFO, Revvity

CFO Thought Leader

Max Krakowiak stood on the pitcher’s mound, ignoring the first drops of a Seattle rain. A shout from a less-than-faithful fan filled his ears as he prepared to throw his next pitch. In this moment, he had no idea that his baseball career was about to take an unexpected turn, as a random off-the-field injury would soon end his time in the minor leagues and force him to hang up his cleats.

CFO 52
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How to Scale a Nonprofit Organization with Sarah Silvestri

The Charity CFO

If you want to scale a nonprofit organization, it’s going to take a lot of discipline and patience. On a recent episode of the Modern Nonprofit podcast, host Tosha Anderson sat down with Sarah Silvestri, co-founder of Executive Arm , to discuss the challenges and strategies for scaling nonprofit organizations. With over 15 years of experience in the nonprofit sector, Sarah shared valuable insights on how founders can navigate the complexities of growth while maintaining their passion and v

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Empowering Employee Advisors Who Struggle With Business Development By Narrowing Them Into A Niche

Nerd's Eye View

Independent Registered Investment Advisors (RIAs) often face significant challenges in attracting advisors who can proactively generate new business. Many employee advisors gravitate toward service-oriented roles; this preference often stems from their initial motivation for entering the profession – wanting to help clients or perform the more analytical aspects of investing and financial planning.

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India's online gaming sector projected to reach $60 billion by 2034

CFO News

India's online gaming sector, currently valued at $3.1 billion, has the potential to expand to a staggering $60 billion by 2034 amid challenges surrounding regulation and taxation, a report showed on Monday.

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Argentina: A GenAI Seedbed

Global Finance

Despite recession and economic turmoil, Argentine tech startups are carving a niche as Latin American leaders. Few financial reports coming out of Argentina sound hopeful; the slew of economic calamities that have plagued the South American nation for the better part of the last decade can seem endless. Yet, Argentina has continued to register as a bright spot in two significant areas: resilient entrepreneurialism and technology adoption and innovation.

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IMF says global public debt to top $100 trillion, growth may accelerate

CFO News

Global public debt is forecasted to exceed $100 trillion, with the IMF warning it may grow faster due to increased spending. U.S. tax cut plans and campaign promises ahead of the presidential election could add trillions to deficits. The IMF urges fiscal consolidation, but current efforts are deemed insufficient to stabilize debts.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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Latin America: The New Wealth Battleground

Global Finance

The race for Latin American and Caribbean ultrawealthy assets is on, as global powerhouses compete with local giants. Multinational and behemoth private banks increasingly view Latin America as a cornerstone of their growth strategy. Recently, global giants including Citi, UBS, BBVA, and Santander have revamped their teams and opened new divisions in the region, aiming to leverage their leading global offerings for a larger piece of the wealth pie.

Banking 52
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Govt pushing all levers to sustain high economic growth: FM Sitharaman

CFO News

Finance minister Nirmala Sitharaman announced that the government is working to maintain high economic growth. She noted that bodies like the IMF and World Bank recognize India's strong economic prospects. Sitharaman highlighted India's potential in Industrial Revolution 4.0 due to its young, innovative population.

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Disaster And Opportunity

Global Finance

Natural disasters are dramatically impacting Latin American economies. But the region could become a global leader in boosting green solutions. The year 2023 cost Latin American economies an estimated $20 billion in destruction from natural calamities: the highest total since Hurricane Maria hit Puerto Rico in 2017. Numbers-wise, the regional impact and cost are in line with such events elsewhere on the planet.

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India-Canada row: Bilateral trade in goods remains unaffected so far

CFO News

Amid escalating diplomatic tensions, the Global Trade Research Initiative (GTRI) reports that India and Canada’s bilateral trade remains stable, showing resilience with slight growth despite the ongoing political challenges.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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Massive Microsoft Fabric Update: More AI Features and FabCon Europe Announcements

Collectiv

This month’s episode of Fabric Threads is a jam-packed mega-episode that covers updates from the past two months, as well as the biggest announcements from FabCon Europe. Our team is back from Stockholm and still running on the excitement of being around so many other Fabric enthusiasts. While we were there, we were constantly on the lookout for the latest and greatest topics to discuss on this show, and we definitely didn’t come home empty-handed.

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GCCs in India to raise hiring 20-25% in next six months on BFSI, manufacturing push

CFO News

Industry leaders anticipate a significant uptick in recruitment across various sectors, driven by both domestic initiatives and global economic dynamics. However, experts caution that several economic challenges could impact recruitment strategies.

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Wipro makes it mandatory to work three-days from office: Here's what co's HR head said on new hybrid work policy

CFO News

Wipro has introduced a new hybrid work policy requiring employees to work from the office three days a week. The policy focuses on a balanced work environment, fostering collaboration, flexibility, and trust. Employees can select their in-office days and work remotely on specified days, supporting personal well-being and caregiving responsibilities.

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Nvidia notches record close, could unseat Apple as most valuable company

CFO News

In June, Nvidia briefly became the world's most valuable company. It was overtaken by Microsoft, and the tech trio's market capitalizations have been neck-and-neck for several months.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.