Thu.May 09, 2024

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Grant Budgeting Mastery: Top Tips for Staying On Track

Capital CFO LLC

Navigating the complexities of grant budgeting is akin to captaining a ship through treacherous waters—precision is key. Just as a seafaring captain relies on a compass to chart a course to safe harbor, meticulous budget planning ensures you reach your funding goals without going adrift. Mastering the intricacies of this financial voyage can mean the […] The post Grant Budgeting Mastery: Top Tips for Staying On Track appeared first on Capital CFO+.

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Nerdwallet CFO champions user growth in face of credit, lending headwinds

CFO Dive

The former eBay and StubHub executive is keeping her eye on uncertainty in the banking sector and other headwinds following a mixed quarter.

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Trending Sources

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TikTokInvestors

Barry Ritholtz

Nestled in between lip-sync dancers and fashion influencers, financial fraud lurks on TikTok. At least one person1 has noticed the risks to young consumers of social media: Since August 2020, @TikTokInvestors has been curating the most outrageous money-losing and dangerous videos culled from the “financial experts” at TikTok. The advice ranges from wrong to risky to criminal: -401ks?

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Instacart taps VP of finance, former Uber exec for CFO seat

CFO Dive

The new CFO said the company remains “relentlessly” focused on investing in new technologies and cultivating its partnership with Uber.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

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.

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The Best Cloud FP&A Software for Mid-Size Companies. Here are the Top 6 for 2024!

Lime Light

For mid-market companies, navigating the financial planning and analysis (FP&A) landscape can be a balancing act. You've outgrown basic spreadsheets but may not require the complexities of enterprise-grade solutions. This is where cloud FP&A software emerges as a game-changer, offering a powerful and scalable toolset specifically designed to meet the needs of your growing business.

More Trending

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Heatwaves may change the climate of the economy

CFO News

In Eastern India there are hailstorms in some places, but many cities in other parts of the country are reeling under heat. The climate is changing drastically and heatwaves are going to affect you, me and the economy at large. Here is my view.

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The Best Cloud FP&A Software for Mid-Size Companies. Here are the Top 6 for 2024!

Lime Light

For mid-market companies, navigating the financial planning and analysis (FP&A) landscape can be a balancing act. You've outgrown basic spreadsheets but may not require the complexities of enterprise-grade solutions. This is where cloud FP&A software emerges as a game-changer, offering a powerful and scalable toolset specifically designed to meet the needs of your growing business.

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World’s Best Banks 2024—Introduction

Global Finance

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.

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The value of an inclusive workplace culture for the finance function

Future CFO

The finance function, including finance professionals and their roles, has been evolving to keep up with the changes in the market and business world. To this regard, the Association of Chartered Certified Accountants (ACCA) identified ways for professional accountants to make a positive impact in tackling issues such as climate change, social inequality, and a widespread lack of trust.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

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.

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ICAI seeks tax sops for entities engaged in green projects, skills development

CFO News

It suggested that interest income earned by the subscribers of green bonds may be exempt or, in the alternative, be subject to a concessional rate of tax.

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A Modern Nonprofit Podcast: What it Takes to Start a Nonprofit Organization

The Charity CFO

During today’s conversation on a Modern Nonprofit Podcast, Tosha welcomes Dr. Krystal White. Outside of a Doctorate in Clinical Psychology with a Masters degree in Christian Leadership, Dr. White also has a Masters degree in Mind, Brain, and Education from Harvard University. Needless to say, Dr. White is a skilled professional and we are excited to welcome her!

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OECD Pillar 2-GloBE rules can help India thwart tax avoidance by MNCs, say experts

CFO News

By incorporating GloBE rules into its domestic tax legislation, India can bolster its efforts to curb tax avoidance practices and ensure that multinational enterprises contribute their fair share to the country's tax revenues.

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Discover Cutting-Edge Accounting Solutions

CFO Plans

Discover Cutting-Edge Accounting Solutions In the thrilling world of business accounting, the art of optimizing financial strategies emerges as a critical factor that can either make or break a company’s success. Today, we embark on a journey into the realm of hospitality businesses, where tailored financial services play a pivotal role in navigating the complexities of this dynamic industry.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

CFO News

Group holding company Tata Sons will offer shares of Tata Capital to Tata Motors. This will give India's third-largest carmaker by volume a minority stake in Tata Capital.

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Bank Reconciliation: ERP vs. CS Lucas TMS

CS Lucas

Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. This process is essential not only for detecting fraud but also for identifying any unintentional discrepancies.

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India's FY24 fiscal gap may be slightly better than revised estimates: Official

CFO News

The central government's fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue receipts. Despite slower nominal growth, deficit-to-GDP ratio is estimated to improve. Direct tax revenue exceeded expectations, and expenditure remains on track. The government is prepared to manage potential capital inflows from JPMorgan's inclusion of Indian government bonds in its index.

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The Mentoring Round | Lawrence Herman, CFO, Dwolla

CFO Thought Leader

Inside The Mentoring Round, CFO Lawrence Herman reflects on his experience during the “Bitcoin winter” when he advised against the popular opinion to sell off assets. He advocated for buying more Bitcoin as a strategy to preserve and potentially increase the company’s financial health during a market downturn. At Dwolla, Herman’s priorities include optimizing cash flow and extending financial runway by growing revenue, controlling costs, and managing accounts payable and

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

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.

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Outcome of tax disputes holds key to Xiaomi’s ops

CFO News

Xiaomi Technology India's ability to continue as a going concern depends on the outcome of multiple regulatory and tax disputes and additional funds from the Chinese parent. However, the company doesn't see a threat "for the foreseeable future" based on legal opinions obtained and cash flow projections. Xiaomi has faced multiple investigations and legal proceedings launched by income tax authorities, the Directorate of Enforcement, and the customs department on matters such as alleged ev

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Company registrations drop in April, but LLPs continue to scale fresh peak

CFO News

In April 2023-24, company registrations fell 3.7%, while LLPs surged 36%. The trend continued from the previous year, reflecting optimism and growth prospects despite technical challenges and a high base effect.

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Hiring sees 9% uptick in April 2024, says latest foundit Insights Tracker

CFO News

The startup ecosystem saw a 37% increase in the number of new companies, leading to a 14% surge in the number of jobs. More than half (53%) of all startup jobs are targeted at freshers. Production and manufacturing sector saw a 31% year-on-year surge in hiring.

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East has potential to drive India's growth: Finance minister Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman emphasized the potential of eastern India as a growth engine, urging Jharkhand to tackle corruption for industrial development. She criticized the state's governance, highlighting lawlessness and migration. Sitharaman assured equitable treatment, citing increased budgetary allocations for Jharkhand's rail projects.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

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.

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Indian exports up in 115 nations out of 238 destinations in 2023-24

CFO News

Despite global economic uncertainties, India's exports increased to 115 countries out of 238 destinations in 2023-24. The merchandise exports slightly declined by 3% to USD 437.1 billion, while services exports rose to USD 341.1 billion. Overall exports (goods and services) reached USD 778.2 billion. India's rank in world merchandise exporters improved from 19th to 17th, with a marginal increase in share from 1.70% in 2014 to 1.82% in 2023.

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India's data center industry set to double capacity by 2026, attract investments

CFO News

India's data center industry is poised for significant growth, with its capacity forecasted to double to 2,000 MW by 2026. This expansion is expected to attract investments totaling Rs 50,000 crore over the next three years. Despite India generating 20% of global data, its share of data center capacity is only 3%, indicating vast potential for growth.

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Peer community groups can help with financial success of women entrepreneurs in tier-II cities and beyond: Tide India’s Gurjodhpal Singh

CFO News

Tide India has come up with a women aspiration index which shows the challenges and opportunities for women entrepreneurs in non-metro cities.

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DBS Bank India rolls out initiative to support women re-entering the workplace

CFO News

The organisation has developed a six-month internship programme wherein shortlisted returnees will engage in projects and receive guidance from industry leaders within a supportive environment to enable a smoother transition back to work. The programme involves hands-on experience as well.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.