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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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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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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What are the basics of an efficient inventory?

Navigator SAP

We are breaking down our 'Inventory Management for Manufacturing' guide into digestible sections. You can get the full inventory management guide here.

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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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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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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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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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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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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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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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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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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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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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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.