Mon.Apr 08, 2024

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Companies fall short on curbing cybersecurity risks from vendors: Moody’s

CFO Dive

Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.

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Automation: The Core of Efficient Inventory Management

Navigator SAP

As accurate and efficient as employees can be in the inventory department, machines are better at it. Manufacturers already know that robotic process automation improves manufacturing quality and performance, and the same technique can be applied to a manufacturer’s inventory department through inventory process automation and the backend systems that enable it.

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Trending Sources

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As Zillow alum takes the financial helm, Varo Bank sets sights on profitability

CFO Dive

Varo’s Allen Parker is focused on “ensuring finance can play a role in how we prioritize our investments” which will be critical to achieving profitability, he said.

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Why are inventories often not efficient?

Navigator SAP

When manufacturers think about efficient inventory management, usually the first things that come to mind are knowing the location of raw materials and finished goods, and making sure that stocks don’t sit idle too long. But more goes into efficient inventory management than that.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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6 tips to tackle unpaid invoices as average DSO rises to 59 days

CFO Dive

Monitoring and keeping DSO in check is key to preventing cash flow difficulties, Allianz Trade’s Ano Kuhanathan says.

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More Trending

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RBC fires CFO, treasury exec over undisclosed relationship

CFO Dive

Nadine Ahn had been seen as a potential future CEO candidate, sources told The Globe and Mail. RBC named Katherine Gibson its interim CFO while it searches for a successor.

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When to Invest in Inventory Automation

Navigator SAP

While inventory automation improves efficiency, it also comes with costs in terms of new systems, equipment, and process management. So when is the right time to automate inventory management?

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Vikram Solar Appoints Narayan Lodha as Chief Financial Officer

CFO News

Vikram Solar appoints Narayan Lodha as Chief Financial Officer, effective April 8, 2024. With over 20 years of financial expertise, he will drive financial strategy and support the company's expansion in renewable energy.

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Early Warning Signs of Financial Trouble in Your Business

CFO Share

Whether you’re a proactive leader scanning the horizon for potential problems or a concerned entrepreneur afraid you’re already in the midst of a downturn, you need to know the early warning signs of financial trouble. Identifying these signals could be the difference between successfully navigating rough waters and going down in a shipwreck. If you can keep your cool and understand why businesses fail financially , you will be able to spot these 8 early warning signs of financial trouble in yo

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Central & state GST officials to conduct joint audits of firms

CFO News

As per industry estimates, there are about 11,000 such cases of dual investigation by both the central and state authorities or under litigation. Several central GST zonal heads have sent an internal communique to officials, asking them to invite state officials to join their ongoing audits for better coordination, said officials.

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Team BMO is building houses in Los Angeles with Habitat for Humanity 

Bank of the West

Just a couple miles away from BMO Stadium in Los Angeles, BMO Commercial Bank’s Women’s Collaborative has been hard at work building eight houses in partnership with Habitat for Humanity.… Read more The post Team BMO is building houses in Los Angeles with Habitat for Humanity appeared first on About BMO.

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How finance professionals can climb their way to becoming a CFO

CFO News

Aspiring finance professionals must develop a distinctive vision for the CFO position, cultivate mentorship and sponsorship, bolster skills in critical areas, lead initiatives that create value, and engage with executive leadership and the board.

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989: The Homecoming: A Tale of Growth, Leadership, and Return | Jeremy Johnson, CFO, Dayforce

CFO Thought Leader

Back in September of 2021, Jeremy Johnson, Senior Vice President of Finance at Ceridian (now Dayforce), decided it was time to test his mettle—a decision that led him far from where he began, only to return with a leadership perspective somewhat different from what he expected. Determined to challenge himself and expand his horizons, Johnson left the familiarity of Ceridian, where he had steadily advanced his career for the past nine and a half years, to accept a CFO position with SmartRecruiter

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Mahindra Finance CFO targets portfolio diversification to reduce reliance on vehicle financing

CFO News

Mahindra Finance is actively diversifying its portfolio to lessen dependence on vehicle financing, as emphasized by CFO Vivek Karve. The CFO highlights prioritizing growth, profitability, and asset quality.

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What It Takes To Attract And Serve HNW Entrepreneurs As A Financial Advisor

Nerd's Eye View

Among the many client niches financial advisors serve, successful business owners are often seen as an attractive group to work with, given the complexity of their financial situations (meaning that advisors have significant room to add value) and that many fall into the High Net Worth (HNW) category with as much as $5 million (and more) in assets, giving advisors a chance to move 'upmarket'.

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Tata Group in talks to acquire majority stake in Pegatron's Chennai iPhone factory

CFO News

Pegatron in talks to sell Chennai iPhone unit to Tata. A person in the know said the transaction amount is set to be lower than that for the Wistron deal. Experts said Apple may want the deal closed as soon as possible because it wouldn't want any ownership confusion ahead of its annual launch.

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Employee Spotlight: Savita Savita

FISPAN

In this month’s employee spotlight, we’re getting to know Savita Savita from our Tier 1 Technical Support team. As part of the Customer Success division, Savita provides technical support and collaborates with FISPAN’s bank clients, addressing inquiries related to ERP errors and conducting general plug-in training Savita graduated from Cegep de la Gaspésie et des Iles in Computer Science where she gained expertise in software programming, QA Testing, Networking, and the fundamentals of Informati

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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India Inc CXOs’ pay packets are getting fatter

CFO News

CEO compensation in India Inc is on the rise, with median pay reaching Rs 9.3 crore in FY24. The average CEO compensation has surged to Rs 13.8 crore, up 40% from previous levels. About three out of every four CEOs in India now earn more than Rs 5 crore, the survey has found. CEOs earning more than Rs 20 crore in target total compensation has doubled over the last four years.

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Transcript: Ed Hyman

Barry Ritholtz

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz : This weekend on the podcast, ed Hyman returns to talk about all things economic analysis, what’

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Tata Digital CEO steps up focus on lowering costs

CFO News

Naveen Tahilyani, handpicked by Tata Sons chairman N Chandrasekaran from the group's insurance business Tata AIA Life Insurance, has been tightening spends at the digital ecommerce entity and bringing a more data-driven operational strategy to the table. Since his appointment in February, Tahilyani has been guided closely by Chandrasekaran, who is keen to push Tata Neu.

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Hiring by global capability centres in India slows amid western disturbances

CFO News

Experts attributed the slump to a cautious approach by companies since 2023 amid multiple global headwinds - inflation, geopolitical conflict, supply side challenges and high interest rates. Xpheno data show that with 16-18% average attrition, GCCs in FY24 had a gross talent demand for over 250,000 people.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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ESG reporting witnesses increase in global variance

CFO News

India has been an early adopter of corporate ESG regulations - be it mandating listed companies to spend towards corporate social responsibility or disclosing ESG parameters through the 'business responsibility and sustainability reporting', or BRSR. Since FY23, the top 1,000 listed companies in India have been disclosing over 1,600 data points pertaining to different aspects of the ESG framework as part of the BRSR.

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Indiamart rejigs senior management; appoints new CFO, CIO

CFO News

Indiamart appoints Jitin Diwan as CFO, effective from May 15 & Nikhil S. Prabhakar as CIO. The company has also re-appointed Dinesh Chandra Agarwal, as its MD and CEO for 5 years with effect from January 8, 2025.

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South Indian Bank Appoints Vinod Francis as New CFO

CFO News

South Indian Bank promotes Vinod Francis to CFO, strengthening leadership

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Swiggy converts to public limited company ahead of IPO

CFO News

With this, Swiggy is closer to joining a string of new-age internet companies looking to go public including FirstCry, Awfis and Ola Electric.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.