Nonprofit MDA CFO attributes $5M cost reduction to streamlined operations, tech
CFO Dive
MAY 16, 2024
Since rising to the CFO chair in 2018, Michael Kennedy pared down the nonprofit’s back-end from 65 systems to one platform.
CFO Dive
MAY 16, 2024
Since rising to the CFO chair in 2018, Michael Kennedy pared down the nonprofit’s back-end from 65 systems to one platform.
CFO News
MAY 16, 2024
Businesses that incorporated or shifted their base outside India are moving back home. Indian markets are proving to be ideal for startups in terms of investments as well as ease of business operations, say experts.
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CFO Dive
MAY 16, 2024
Adam Drew in March became the San Diego, California-based treasury and finance platform provider’s first permanent CFO in more than a year.
Barry Ritholtz
MAY 16, 2024
The Misery Index — the combination of Inflation and unemployment — failed as a bearish criticism of the economy. Unemployment remains at 60-year lows, and Inflation has plummeted from 9% down to the 3s. If you have a bearish mindset , and seek confirmation of that perspective, then the next economic critique after the Misery Index you try on for size is “Stagflation.” We have heard the S-word from Jamie Dimon , Stanley Druckenmiller , Bank of America , Barclays , Fox , Ma
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.
CFO News
MAY 16, 2024
During a recent event at the BSE, Finance Minister was asked a tough question by a stock broker regarding high taxes on stockbrokers and real estate transactions. Highlighting the significant tax burden, he called the government a "sleeping partner" reaping benefits without sharing operational risks.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Global Finance
MAY 16, 2024
Global banking aced 2023 despite the drama of bank failures. The banking industry emerged triumphant in 2023, a year that had threatened to be catastrophic. Rapid industry intervention averted the nightmare scenario of a contagion-driven financial crisis fueled by multiple bank failures in the US and Europe. Last year’s mini-crisis of bank failures was best seen as the result of idiosyncratic management lassitude at the eventually rescued banks.
CFO News
MAY 16, 2024
Nucleus Software bolsters its leadership team with the appointment of Surya Prakash Kanodia the CFO
CFO Plans
MAY 16, 2024
In today’s fast-paced business world, CFOs and financial managers are constantly seeking ways to optimize operations and boost efficiency. One of the most transformative tools available is SaaS-based accounting software. Cloud-based solutions are changing the game in financial management, offering numerous advantages over traditional systems. Here’s how SaaS accounting software is revolutionizing financial management and why it’s essential for CFOs.
CFO News
MAY 16, 2024
Teredesai will assume the position immediately, succeeding current CFO Sunil Sapre, who is slated to retire later this year.
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.
Future CFO
MAY 16, 2024
Among the key trends that emerged in the recent Money20/20 Asia 2024 event in Bangkok, Thailand include dispelling the myth that financial inclusion lacks sustainable business models. According to Christiane Zhao , accessibility champion at SecurityTech company Giesecke+Devrient and technical advisor at Harvard University , financial inclusion has emerged as an attractive proposition for banks and fintech companies when leveraged effectively.
CFO News
MAY 16, 2024
FDI inflows into India amounted to $26.69 billion, while outflows were $12.14 billion during April 2023 to February 2024.
E78 Partners
MAY 16, 2024
As Private Equity and Venture Backed startups mature into larger businesses with a proven business model, the challenge with managing cloud expenses has become a pain point for the CFO, CIO and PE owners. These companies have built their businesses from the ground up based on cloud-based technologies like AWS, Azure or GCP. These solutions are engineered to deliver their products and services and deliver an exceptional customer experience.
CFO News
MAY 16, 2024
Oil and Natural Gas Corp (ONGC) is reportedly in discussions with NTPC Green Energy to form a consortium for bidding on Ayana Renewable Power, owned by the National Investment and Infrastructure Fund (NIIF). The enterprise value of Ayana is estimated to be around $2 billion. Other entities like JSW Neo Energy, Sekura Energy, Masdar, Macquarie, and Sembcorp have also shown interest in acquiring a controlling stake in Ayana.
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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.
Nerd's Eye View
MAY 16, 2024
In the initial stages of their careers, many financial advicers find that, with little revenue coming in and less than a full load of client-facing work to do, they spend the majority of their time on operations and marketing as they try to establish their practice. As a result, an advicer often has the capacity to say "yes" to any opportunity that comes along as they try to keep busy and (hopefully) improve their cash flow.
Future CFO
MAY 16, 2024
Sustainable financing has gained substantial momentum in Southeast Asia in the recent years, but even if the progress is notable, the amount of sustainable financing in the region still falls way short of the levels required to drive transition towards net zero targets. This is the view of Lim Lay Wah , managing director & group head for the Global Financial Institutions Group & Sector Solutions Group at UOB.
CFO News
MAY 16, 2024
Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that India is actively investigating opportunities to bolster its maritime presence and trade connectivity.
CFO Thought Leader
MAY 16, 2024
Inside The Mentoring Round, CFO Tucker Marshall of The J.M. Smucker Company stresses the role of company culture in career choices and corporate strategy. His long-standing admiration for Smucker’s community involvement influenced his decision to join and stay with the company. 1000: When Culture Informs Strategy | Tucker Marshall, CFO, The J.
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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.
CFO News
MAY 16, 2024
The merger scheme has two stages: the transfer of Viacom18's TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an allotment of 24.18 billion fully paid-up shares of Rs 10 each.
CFO News
MAY 16, 2024
Religare has asked the court to direct Sebi to conduct a forensic audit to unearth the facts behind the grievances raised by it and to submit to the court a detailed report on the actions taken by the capital markets regulator.
CFO News
MAY 16, 2024
India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances.
CFO News
MAY 16, 2024
Soon after a transaction by a scammer or the use of a mule account to purchase cryptos is tracked, the virtual digital assets (VDAs) can be moved to the proposed special account which would be under the control of a law enforcement agency (LEA).
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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.
CFO News
MAY 16, 2024
Kartik Gupta, Ola's CFO since November 2023, is stepping down just two weeks after chief executive Hemant Bakshi left the firm.
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