Mon.Nov 27, 2023

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Why CFOs need to improve the employee T&E experience

CFO Dive

On a day-to-day basis, the finance function is tasked with meeting the company’s accounting responsibilities — ensuring sound budgeting and forecasting. But increasingly, CFOs and their teams require a new focus on prioritizing employee experience.

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The “Art” of Market Timing

Barry Ritholtz

This weekend Jeff Sommer discussed a DFA research paper on market timing; both are well worth your time to read. The broad strokes are: Market timing is extremely difficult, very few people (if any) do it consistently well. Not only are the odds stacked against you, but very often systems that have successfully timed the market have been simply lucky, and do not succeed in out-of-sample tests.

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Trending Sources

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4 CFO tips for spurring growth through innovation: McKinsey

CFO Dive

More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

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Quess CFO sees no major slowdown next two quarters, bullish on BFSI & manufacturing hiring

CFO News

Quess Corp anticipates sustained growth, with a focus on hiring in BFSI and manufacturing, despite a decline in conventional IT services, as stated by Group CFO Kamal Pal Hoda. He also highlights robust financial performance in Q2FY24 and shares the growth and financial targets of the company for the upcoming quarters.

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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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Structure matters: How ITC transfers mitigate risk and maintain compliance

CFO Dive

The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.

More Trending

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Creating a ‘poachable’ talent culture: TAB Bank CFO

CFO Dive

Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.

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Commerce ministry working to remove trade barriers, boost exports in sub-Saharan Africa, Gulf nations

CFO News

The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion).

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AI developers, led by OpenAI, raise over $50B

CFO Dive

ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

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How Financial Advicers Can Write, Publish, And Distribute Their Own Book To Create A More Effective Impression On Prospective Clients

Nerd's Eye View

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations. The challenge, though, is that advisors usually have only a short amount of time to build this trust, and while advisors can use different channels (e.g., their websites, newsletters, and social media) to demonstrate their expertise, th

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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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Pagaya CFO exits, deputy steps up

CFO Dive

Michael Kurlander, who brought decades of Wall Street experience to Pagaya, is leaving the technology firm after just over two years in the CFO seat.

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Unlocking Growth: The Strategic Power of Debt as Financial Leverage

VCFO

Debt, often perceived as a financial burden, is a powerful tool when strategically employed. Frequently referred to as leverage, debt has the potential to fuel growth, drive strategic initiatives, and propel businesses to new heights. In this exploration, we’ll unravel common misconceptions surrounding debt, highlighting its strategic benefits, and providing comprehensive examples of how it can be a catalyst for continued growth and accelerated strategy.

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CFOs are now expected to be Chief Value Officers, says head of Association of Chartered Certified Accountants

CFO News

CFO: Large businesses should invest in SMEs to be compliant with the mandated sustainability framework, says Helen Brand.

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Business Intelligence: A South African SME’s Guide To Understanding Your Data

Creative CFP

Traditionally, business intelligence tools were reserved for well-established businesses capable of affording such solutions. But Creative CFO believes that SMEs should have access to this service too. Bringing this Business Intelligence to the SME sector in an accessible and value-generating manner is crucial to the development of the sector. Improving decision-making can further ensure that the world we live in is one where more SMEs succeed.

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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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How QRIS is revolutionising cross-border payments in the ASEAN region

Future CFO

Technological advancements over the recent years have been proven to make life easier for people in making payment transactions as this offers flexibility for them. Through the newest advances in technology, transactions can now be made wherever the customers are, without the need to carry cash in their wallets. Among such advancements is the Quick Response Code Indonesian Standard or QRIS, which is a digital payment standard that employs QR codes to facilitate cashless transactions.

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Adani Group stocks surge up to 20%. Here’s why

CFO News

The top gainer in the pack was Adani Total Gas which was up nearly 20% in the early trade and was followed by Adani Energy Solutions which had shot up 13%. Nifty stocks Adani Enterprises and Adani Ports and Special Economic Zones were also up 4% and 3%, respectively around this time.

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Winning the digital transformation race

Future CFO

The business world is undoubtedly currently on a race to maximise digital technology advancement, with leaders pondering on the best ways to win. Skills are critical for digital business success and finance leaders need to ensure the organisation has access to the resources required to develop and defend their competitive advantage and to achieve their strategic objectives, according to Dan Bieler , principal analyst at Forrester.

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FMCG companies chart fast-moving sales growth path for kiranas to beat retail slowdown

CFO News

General trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Covid-19 and high growth of modern trade led by retail chains such as Reliance Retail and D'Mart.

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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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IFRS 17 disclosures improvements needed: FRC

Future CFO

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. The review assessed disclosures made by a sample of interim financial statements of ten companies against the requirements of the accounting standard in their first year of application, the accounting body said.

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ZEEL spends ?176 cr on merger-related expenses

CFO News

The merger agreement, which has received all the requisite regulatory approvals, is stuck due to Sony's insistence on having its own executive SPNI MD & CEO, NP Singh, as the CEO of the proposed Sony-Zee joint entity since Punit Goenka, who is currently the MD & CEO of ZEEL, is still under investigation from the Securities Exchange Board of India (Sebi).

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The Mentoring Round | Peter Benevides, CFO, Olo

CFO Thought Leader

954: The Job Became His for the Asking | Peter Benevides, CFO, Olo The post The Mentoring Round | Peter Benevides, CFO, Olo appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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Vodafone Idea may miss December deadline for fundraise

CFO News

According to the officials, Vi continues to be in discussions with the potential investors, including in the US, to raise fresh capital by issuing equity and equity-linked instruments. The telco has said that bank lending will follow soon after the equity fundraising is finalised.

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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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10 KPIs to Track Business Performance

The Finance Weekly

Why KPIs are Important to your Business? In managing a small business, it's important not to rely solely on your intuition. Key Performance Indicators (KPIs) play a crucial role, especially in , financial reporting. To assess your company's financial well-being, it's better to be objective rather than subjective. This ensures that decisions are based on information and data.

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Maruti Suzuki, M&M, Audi plan price hikes in January

CFO News

Several automakers in India, including Maruti Suzuki, Mahindra & Mahindra, and Audi India, have announced plans to increase the prices of their passenger vehicles in January 2024. Tata Motors and Mercedes-Benz India are also considering price hikes. The reasons cited include overall inflation and increased commodity rates, leading to cost pressures.

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Scaling smarter: how to optimize resources with capacity planning software

Cube Software

The importance of strategic capacity planning Capacity planning is a strategic process used to determine the resources (such as manpower, equipment, and facilities) required to meet future workload demands. The primary goal of capacity planning is to ensure that these resources are available at the right time and in the right quantity to meet the needs of the business while maintaining cost efficiency.

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LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

CFO News

State-owned LIC (Life Insurance Corporation), the promoter of IDBI Bank, plans to retain a portion of its stake in the bank to continue benefiting from bancassurance. While both the government and LIC will divest their stakes in IDBI Bank, LIC Chairman Siddhartha Mohanty stated that they intend to keep some stake to maintain the bancassurance partnership.

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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.