CFO Dive

JANUARY 10, 2024

Late payments mean your company is effectively loaning money at zero interest. It’s time to tighten your billings and collections systems, Dean Kaplan writes.

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CFO News

JANUARY 10, 2024

Global business leaders hailed Prime Minister Narendra Modi's vision of a developed India as they unveiled their investment plans for the country at the 10th edition of Vibrant Gujarat Global Summit 2024 which was inaugurated by the PM on Wednesday.

Investments 145

Investments Planning 145

CFO Dive

JANUARY 10, 2024

The most restrictive monetary policy in 40 years will weigh on growth but probably not trigger a downturn this year and in 2025, the World Bank said.

Economics 272

Economics Banking 272

Barry Ritholtz

JANUARY 10, 2024

At The Money: David Dunning professor of psychology at the University of Michigan ( Go Blue! ) (January 10, 2024) Investor incompetence might play a larger role in poor performance than you think. That’s thanks to a phenomenon called the Dunning-Kruger Effect. Full transcript below. ~~~ About this week’s guest: David Dunning is a professor of psychology at the University of Michigan.

Economics 113

Economics Finance Investments Marketing 113

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

Investments

CFO Dive

JANUARY 10, 2024

Sonos has restructured and cut jobs as it navigates a broader slump in the U.S. consumer technology sector.

Restructuring 257

Restructuring CFO Technology 257

Nerd's Eye View

JANUARY 10, 2024

In initial discovery meetings, financial advisors face the challenge of eliciting specific goals from new clients – a crucial step for crafting a comprehensive financial plan. Asking direct queries may elicit vague responses like "I want to be on track for retirement", which tends to lack the detail needed to plan effectively and spark the client's motivation to actually accomplish those goals.

Planning 92

Planning Communication 92

CFO News

JANUARY 10, 2024

Modi noted that the transformations taking place in India are improving ease of living and empowering the masses. He pointed out that in the last five years, more than 13.

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Future CFO

JANUARY 10, 2024

Although the new year has begun, trends in digital transformation seen in 2023 remain and finance leaders must have a deep understanding in such. It is imperative that finance leaders have a good grasp of what's to come in the scene of artificial intelligence as this will impact their decision-making in the finance function. Hani Hagras , chief science officer and head of AI business unit at banking open platform Temenos enumerated trends in artificial intelligence expected in 2024.

Finance 52

Finance Forecasting Leverage Banking 52

CFO News

JANUARY 10, 2024

Roadzen strengthens its team with the appointment of Jean-Noël Gallardo as Group CFO, bringing over two decades of expertise to drive financial strategies and oversee expansion.

CFO 52

CFO 52

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.

Accounting

Future CFO

JANUARY 10, 2024

CFOs, business leaders, and employers can help reduce attrition risk to less than 3% of workers when they prioritise psychological safety, said Boston Consulting Group (BCG) recently. According to the firm’s survey of 28,000 employees across 16 countries, workers who feel safe to speak up in the workplace and take risks without fear of being blamed or criticised report feeling 2.1 times more motivated, 2.7 times happier, and 3.3 times more enabled to reach their full potential at work.

Leadership 52

Leadership Economics 52

CFO News

JANUARY 10, 2024

E-way bills in December reached 95 million against 87.5 million in November. High e-way bill generation usually indicates high collections of Goods and Services Tax in the following month. Gross GST collections stood at Rs 1.65 trillion in December, slightly lower than the monthly average.

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Future CFO

JANUARY 10, 2024

A look back at 2023 and it becomes clear that persistent challenges were the norm for much of the year – be it in the form of social, geopolitical or economic. Among such challenges in the market include insolvencies, denoting the state of financial distress wherein a business is unable to pay its debts. Insolvency pertains to a point when liabilities are greater than the value of the organisation, exceeding the value of the company’s assets, and when a debtor cannot pay the debt it owes.

Forecasting 52

Forecasting Concentration Economics Risk Management 52

CFO News

JANUARY 10, 2024

Shares of Polycab, an electrical equipment manufacturer, plunged 20% after the Income Tax department uncovered unaccounted cash sales of about Rs 1,000 crore during a recent raid on the Polycab group. The CBDT revealed that the group, in collusion with authorized distributors, evaded taxes through unrecorded cash sales. Polycab India denied the allegations, asserting its commitment to compliance and transparency.

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Sales Manufacturing Compliance 52

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.

Accounting

Future CFO

JANUARY 10, 2024

Amidst the digital transformation, it is imperative that chief financial officers know the way around the challenges of safeguarding against payment fraud. All these while propelling their organisation towards a technologically advanced future. To do such feat, financial leaders must learn how to tackle fraud and be able maximise what technological advancements of today have to offer.

Accounts Payable 52

Accounts Payable Invoicing Financial Systems Accounting 52

CFO News

JANUARY 10, 2024

Leverage.biz has appointed Arjun Mehta, a seasoned professional from Apple, Revolut, and American Express, as its first CFO. Mehta aims to leverage his expertise for the company's imminent growth phase.

CFO 52

CFO Leverage 52

Centage

JANUARY 10, 2024

Effective financial management is crucial for multi-location businesses as they strive to balance expansion strategies while tightening cost controls, mitigating risk, and optimizing operational efficiency. One of the biggest challenges lies in streamlining management to ensure accurate financial reporting across multiple entities, locations, offices, or profit/cost centers.

Budgeting 52

Budgeting Financial Reporting Finance CFO 52

CFO News

JANUARY 10, 2024

India is the fifth-largest economy today while it lagged at the 11th position 10 years ago, said Modi in his inaugural address at the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar. "Experts can analyse this, but I guarantee that India will become the third-largest economy." He said India had become a ray of hope for the world at a time of multiple geopolitical instabilities.

Investments 52

Investments 52

Advertisement

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.

Reconciliations

CFO News

JANUARY 10, 2024

Named 'Samay', the app will capture all the pending orders across levels from adjudicating officer to the Customs, Excise and Service Tax Appellate Tribunal (Cestat) to High Courts, and reflect the pendency of review orders that are either under process at various levels or awaiting processing at the commissionerate level. The initiative will greatly reduce the litigation time, CBIC officials said.

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CFO News

JANUARY 10, 2024

“There is a need to provide lower interest rate to the retailers through the special announcement in the budget to assure easier financing for the Retail businesses. The government should allocate a special fund and formulate a special trader finance scheme with SIDBI to help millions of independent retailers across the nation by declaring low-cost loans and relaxing some industry guidelines,” RAI has said.

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Retail Budgeting Finance 52

CFO News

JANUARY 10, 2024

In the Asia-Pacific region, Vietnam comes a far second, with a 6.7% median pay hike expected in 2024 (6.8% in 2023), followed by Indonesia with 6.5% (6.4% last year), according to the survey. Employees in Japan are likely to get the lowest increment at 2.5% (2.7% last year).

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CFO News

JANUARY 10, 2024

The government has recently announced the appointment of Rajay Kumar Sinha as the member of finance and investment at the Insurance Regulatory and Development Authority of India (IRDAI). Sinha, who is currently serving as the MD and CEO of SBI Capital Markets Limited (SBICAPS), will hold the position for a duration of three years from the date of assuming charge.

Finance 52

Finance Investments Marketing 52

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

Sales

CFO News

JANUARY 10, 2024

Companies are taking various measures to increase the gender diversity numbers. These include hiring more women from campuses, offering flexibility at work and adding more women in leadership, HR heads and staffing sector experts said.

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Leadership Numbers 52

CFO News

JANUARY 10, 2024

India is set to become the third largest economy by 2027-28, according to Finance Minister Nirmala Sitharaman. With a projected GDP of over USD 5 trillion, India's economy is expected to grow significantly in the coming years. Sitharaman also mentioned that even with conservative estimates, the Indian economy will reach USD 30 trillion by 2047.

Finance 52

Finance 52

CFO News

JANUARY 10, 2024

Saori Casey, a long-time finance executive at Apple, will be leaving the tech giant to become the CFO at Sonos. Bloomberg reports that Casey will start her new position on January 22, replacing Eddie Lazarus, who will become the Chief Strategy Officer at Sonos. Casey has over 12 years of experience at Apple and previously worked at Cisco for 15 years.

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CFO Finance 52

CFO News

JANUARY 10, 2024

​ Global investors face the risk of losing out if they arrive too late in India, which is the "coolest party in town", discount brokerage Zerodha Co-Founder & CFO, Nikhil Kamath, said on Wednesday.

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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.

Marketing