Mon.Jun 10, 2024

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Finance teams have so much to gain from AI - here’s why

CFO Dive

Discover how AI is revolutionizing finance by boosting productivity, automating tasks and providing insightful analytics. Learn how CFOs can harness its potential while building trust.

Finance 264
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Spain: From Red To Black

Global Finance

In the past decade, leaving aside the Covid-19-induced recession, Spain’s economy has performed better than the European average. The year 2024 looks to be no different; Spanish GDP is expected to expand to double the average in the euro area: between 1.9% and 2.1%, according to different estimates, versus a range of 0.8% to 1% for its peers. And this is likely to remain true in 2025 as well.

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Trending Sources

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Alphabet hands new CFO $9.9M sign-on bonus

CFO Dive

The incoming finance chief — Eli Lilly veteran Anat Ashkenazi — was granted the bonus in light of “her prior company’s forfeited compensation,” Alphabet said.

CFO 294
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Summer Reading List Of “Best Books” For Financial Advisors – 2024 Edition

Nerd's Eye View

The first half of 2024 has been a solid start for most advisory firms, with markets enjoying moderate growth (a pleasant follow-through after a particularly strong 2023!), client retention rates remaining robust, and at least a bit of client referral growth trickling in. Which is leading to healthy profit margins at the typical advisory firm, as more and more advisors eye the possibility that AI will produce even more business efficiencies (and stronger profitability) in the year to come.

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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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OpenAI appoints Nextdoor, Square alum as CFO

CFO Dive

Sarah Friar brings a resume packed with both Silicon Valley and investment banking experience to her new role at the artificial intelligence firm.

CFO 278

More Trending

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Few companies report solid EBIT gains from rush into GenAI: McKinsey

CFO Dive

Seven out of 10 companies that use generative AI most effectively said they faced challenges in governing and integrating data, McKinsey said.

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Key driver analysis – the heart of the digital twin

Jedox Finance

Identifying the things that contribute to performance helps organizations achieve their goals. Key driver analysis, augmented by AI, reveals critical factors for success and turns raw data into actionable insight.

Finance 52
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Four takeaways from the CFO Leadership Council’s confab

CFO Dive

Generative AI, labor challenges, and cybersecurity worries were some of the top issues on finance chiefs' minds during the two-day conference.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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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 IPO journey: Key preparation considerations for CFOs

CFO Dive

Market shifts call CFOs for an IPO preparation session.

Marketing 130
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Fostering an Enabling Business Environment: Indian Businesses' Expectations from the New Government

CFO News

India's economic transformation calls for streamlined regulations, stable tax reforms, and strategic privatization. Deepak Narayanan, Founder & CEO of Practus, outlines a roadmap to sustain growth and solidify global superpower status.

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India-EFTA Trade & Economic Agreement: A Win-Win Deal

CFO News

India's landmark TEPA with EFTA, authored by Sanjay Chhabria, Senior Director, Indirect Tax at Nexdigm, outlines significant trade, investment, and economic growth opportunities, while highlighting key provisions and mutual benefits.

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Nirmala Sitharaman reappointed as a Finance Minister in Modi 3.0; Here are her key achievements

CFO News

On Monday, the Modi 3.0 government allocated ministerial positions, reappointing Nirmala Sitharaman as Finance Minister. ETCFO highlights her educational background, personal life, political career, and significant achievements.

Finance 45
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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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IBC changes set to lift ARC recovery from residential realty by 500-700 bps

CFO News

Stressed realty projects are becoming viable for last-mile funding as 33 mn sq ft of unsold inventory for projects analysed is likely to be sold at appreciated market prices because of a significant increase in prices over the last two fiscals and healthy demand for residential real estate, says CRISIL.

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How high growth is delaying RBI rate cuts

CFO News

The RBI's ability to maintain this pause is bolstered by strong economic growth. Even if policy rates remain restrictive for an extended period, the central bank believes it can manage the consequences, experts say.

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From tax schemes to pension demands: Modi's new finance minister has their work cut out as challenges mount

CFO News

A day after PM Narendra Modi and his new council of ministers were sworn in, speculation is high about the next finance minister. Questions are arising whether Nirmala Sitharaman will continue in her role in the finance ministry or take on a different ministry this term. Regardless of who takes the position, the responsibilities remain the same: boosting the economy and navigating challenges amid global uncertainties.

Finance 40
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Modi's 'lower political capital' to hit implementation of tough reforms, says UBS

CFO News

A Swiss brokerage stated that Prime Minister Narendra Modi's 'lower political capital' may hinder the new government's ability to implement tough reforms, potentially limiting the growth rate to around 7.5%. UBS Securities highlighted the importance of reforms related to land, farming, divestments, Uniform Civil Code, and one nation one election to boost growth to over 7.5% in the next five years.

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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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Sitharaman's budget next month to lay out economic roadmap of Modi 3.0

CFO News

The economic agenda would include steps to fast-rack reforms to make India a USD 5-trillion economy in near future and turn the country into a 'Viksit Bharat' by 2047.

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SBI, other public sector banks suggest steps to boost deposits

CFO News

Banks' deposit growth in FY24 was well below the rise in credit, forcing them to meet the funding gap through higher-cost Certificates of Deposit (CDs). Banks have made representations to senior government officials flagging the slowdown in deposits.

Banking 40
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Companies cautious on short-term hiring, but overall outlook stays upbeat

CFO News

Employers in India are showing caution in short-term hiring for the July-September quarter, with a net employment outlook of 30%, six percentage points lower than the current quarter and the same period last year. While 48% of employers plan to hire more people, 18% expect a decrease in hiring or have no plans to hire. The most optimistic sectors are finance and real estate, healthcare and life sciences, and IT, while communication services and transport, logistics, and automotive are less optim

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Telcos likely to see modest revenue growth in June Qtr

CFO News

Analysts expect a modest 2.5-3% sequential increase in revenue growth for the telecom sector in the June quarter. Despite higher data usage during the IPL cricket tournament and increased demand for international roaming packs during the summer holiday season, revenue growth is expected to be limited. This is due to many mobile users still paying lower 4G rates even after opting for 5G packs, and most subscribers having large amounts of unused data, reducing the need for costlier mobile broadban

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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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Modi 3.0: FMCG companies can cheer the new coalition government

CFO News

In a symbolic move, Prime Minister Narendra Modi's first action after being sworn in for a third term was releasing the 17th PM-KISAN installment, providing financial relief to 9.3 crore farmers. With a weaker mandate, the government is expected to focus on rural welfare, potentially boosting FMCG sector growth and consumption.

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Modi 3.0 Cabinet: BJP's master strategist Amit Shah remains in charge of the Home Ministry

CFO News

Amit Shah secured a significant victory in Gujarat's Gandhinagar constituency, garnering 7,44,716 votes more than his closest competitor. His total vote count amounted to 10,10,972, surpassing the 2,66,256 votes received by the Congress candidate, Sonal Patel.

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Modi's Cabinet: Nirmala Sitharaman retains finance ministry for second consecutive term

CFO News

Nirmala Sitharaman on Monday was re-appointed as the finance minister of India for a second consecutive term in Prime Minister Narendra Modi-led cabinet.

Finance 40
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Vishwa Samudra Group appoints Abhishek Jalan as the new Group CFO

CFO News

Vishwa Samudra Group strengthens its leadership team with the appointment of new group CFO

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.