Tue.Aug 13, 2024

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Bolstering the CFO-CRO relationship to ensure AI investment returns

CFO Dive

The CFO and CRO can serve as a crucial duo as organizations face pressure to launch revenue-generating AI projects, writes MinIO CFO Mark Khavkin.

CFO 282
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Navigator Business Solutions Unveils the Future with SAP S/4HANA Cloud Public Edition 2408

Navigator SAP

In an era where speed, intelligence, and precision dictate success, Navigator Business Solutions is thrilled to announce the game-changing release of SAP S/4HANA Cloud Public Edition 2408. This isn’t just another update—it’s a revolution in ERP, supercharged by cutting-edge AI that’s set to redefine how businesses operate and innovate.

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Trending Sources

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Starbucks taps CFO for interim CEO in midst of leadership shift

CFO Dive

Starbucks alum Rachel Ruggeri will step in as interim CEO as the coffee chain continues to fight labor activists and political protesters, leading to slumping sales.

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What Is Islamic Finance And How Does It Work?

Global Finance

The first of five parts of a Global Finance FAQ web series on Islamic finance. In just a few decades, Islamic finance has established itself as a significant player in global finance. Today, with thousands of institutions around the world, this sector is no longer limited to the devout clientele of Muslim countries in the Middle East and Southeast Asia.

Finance 116
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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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Producer price inflation slows, brightening outlook for Fed rate cut

CFO Dive

The less-than-forecast gain in PPI last month bodes well for a decline in economy-wide price pressures in coming months.

More Trending

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M&A, vendor reliance help drive up ransomware threat: report

CFO Dive

The financial severity of claims related to ransomware attacks increased more than 400% from 2022 to 2023, the study found.

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The role of AI-powered risk management in fraud prevention

Future CFO

Finance leaders nowadays are often asked with not only the usual queries on handling and managing risks in fraud, but also their strategies on digital transformation and how artificial intelligence can be of help. True enough, the Finance function now is not just about crunching the numbers and making use of data obtained from traditional work, as AI-powered risk management has been deemed a game-changing approach against identity theft and other fraudulent activities.

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Islamic Finance: How Does It Make Money Without Interest?

Global Finance

The second installment of a Global Finance FAQ web series on Islamic finance. Many of the products offered by Islamic financial institutions are comparable to Western or conventional finance even though interest and speculation are forbidden. Banks are by far the biggest players in Islamic finance—some of them are exclusively Islamic while others offer sharia-compliant products but remain mostly conventional.

Finance 96
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1,025: From Cost Management to Strategic Investment | Chikako Tyler, CFO, California Bank & Trust

CFO Thought Leader

In her role as CFO of California Bank & Trust, Chikako Tyler once found herself facing the collapse of Silicon Valley Bank—as it turned out, not the first financial crisis of her career, but the second. However, unlike with the first—the Great Recession, which forced her to leave a rewarding career in commercial real estate—this time, she was prepared to take charge of her professional destiny.

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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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Fund cited by Hindenburg against SEBI chairperson not domiciled in Mauritius: Regulator

CFO News

In a significant blow to Hindenburg Research, the Financial Services Commission (FSC) of Mauritius on Tuesday said the fund cited by the US short-seller in its allegations against SEBI Chairperson Madhabi Puri Buch are neither licensees of the FSC nor "domiciled in Mauritius"

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Is Islamic Finance New Or Old?

Global Finance

The fourth installment of a Global Finance FAQ web series on Islamic finance. For hundreds of years, there was no need for Islamic finance because there was simply no financial system to “Islamise.” Up until the second half of the 19th century, the vast majority of the Muslim population around the world was unbanked and the prohibition of interest was applied on transactions by tradition rather than by law or regulatory bodies.

Finance 52
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The Mentoring Round | Tom Bock, CFO, SmartFinancial

CFO Thought Leader

CFO Tom Bock reflects on two pivotal experiences that shaped his mindset as a leader. The first is a lesson from his childhood in communist Hungary, where his grandmother taught him the importance of responsibility and learning from life’s challenges. This early lesson instilled in him a lasting sense of duty and resilience. Fast forward to 2005, during his first banking job at Citigroup, Bock worked 63 hours straight to prepare a pitch, ultimately leading to physical exhaustion and failure.

CFO 52
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Islamic Finance FAQ: A Global Finance Series

Global Finance

Islamic finance is a fast-growing $3.9 trillion industry, yet many finance professionals do not know halal from haram. Global Finance answers the most frequently asked questions about Islamic finance in this five-installment series. Top 5 FAQs: 1. What Is Islamic Finance? 2. How Does Islamic Finance Make Money Without Charging Interest? 3. Is Islamic Finance Just For Muslim-Majority Nations?

Finance 52
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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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#FASuccess Ep 398: Building A $2.5B AUM Advisory Enterprise Under The Umbrella Of A National CPA Firm, With Eric Wulff

Nerd's Eye View

Welcome everyone! Welcome to the 398th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Wulff. Eric is the CEO of Marcum Wealth, an RIA based in Cleveland, Ohio, that oversees $2.5 billion in assets under management for approximately 2,700 client households. What's unique about Eric, though, is how he has built Marcum Wealth into a multi-billion-dollar firm under the umbrella of a national accounting firm, in large part by cultivating mutually beneficial rel

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Building Effective Finance Teams: A Guide to Staff Management

CFO Talks

Building Effective Finance Teams: A Guide to Staff Management Building a top-notch finance team is like assembling a puzzle where each piece needs to fit perfectly. As a CFO, your role goes beyond crunching numbers— it’s about creating a team that’s dynamic, cohesive, and ready to tackle the financial challenges of today and tomorrow. Imagine having a team that not only delivers accurate financial reports but also drives strategic initiatives, contributing to the growth and success o

Finance 52
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Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists

CFO News

Despite consumer inflation dipping below the 4% target for the first time in five years, the Reserve Bank of India (RBI) is unlikely to soften interest rates this fiscal year. Economists attribute the drop to a base effect and caution that it may not signify a lasting trend against persistent inflation. Central bank Governor Shaktikanta Das emphasized that future rate decisions will be influenced by food price movements and ongoing inflation pressures.

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Transcript: Meir Statman

Barry Ritholtz

The transcript from this week’s, MiB: Meir Statman on the Intersection of Finance & Life , 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. ~~~ Bloomberg Audio Studios, podcasts, radio News.

Finance 58
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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’s slowing consumer demand fuels calls for rate cuts

CFO News

The Reserve Bank of India has kept interest rates unchanged for more than 18 months, with Governor Shaktikanta Das saying last week that food prices remain a worry and would keep inflation above its 4% target. While data Monday showed inflation dipped below that level in July, that was largely due to statistical reasons, and unlikely to prompt the RBI to ease.

Banking 40
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Apple’s India business surpasses $23 billion as manufacturing growth reaches 50-year high

CFO News

According to the recent Economic Survey, India contributes around 14% to the US tech giant’s overall production, emerging as a key hub for its global exports. In FY23, India’s contribution was about 7%. iPhones dominate the numbers. Of the Rs 2-lakh crore valuation, iPhones worth a market value of around Rs 1.35 lakh crore ($15 billion) were exported last fiscal year, show calculations based on official data.

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Some positive changes by audit firms, but a lot more needs to be done: Ajay Bhushan Pandey

CFO News

The National Financial Reporting Authority (NFRA) has identified preliminary audit quality issues in its ongoing inspections of major audit firms. NFRA Chairman Ajay Bhushan Prasad Pandey noted that while some positive changes have been made, particularly in addressing conflicts of interest, more improvements are needed. The NFRA is inspecting seven audit firms this year, with plans to increase the number further.

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More questions emerge on 'potential malpractice' by SEBI chairperson', JPC must: Congress

CFO News

A firm and its auditor sharing the same address is generally a sign of poor corporate governance.

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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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Insolvency Board mandates unique identification number for valuation reports

CFO News

As per the current practice, Registered Valuer (RV)/ Register Valuers Entity (RVE) submit the valuation reports with or without mentioning any reference number leading to potential issues concerning verification. "In order to ensure authenticity and to have a unique reference number of the valuation reports, it has been decided to provide a Valuation Report Identification Number (VRIN) for each valuation conducted under the Code," the IBBI circular said.

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Taxpayers getting faster refunds this year? FM says ITR processing time reduced to 10 days from 93 days

CFO News

Income tax refund: You can expect faster tax refund this year, however not everybody will benefit from this. Cetain complicated income tax return (ITR) forms like ITR-3 and even ITR-2 takes time to process. However experts say when compared to earlier times, the ITR processing times have indeed come down.

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Vaibhav Joshi joins Globe Teleservices as Group CFO

CFO News

Globe Teleservices, a Singapore-based telecom conglomerate, has appointed Vaibhav Joshi as its Group Chief Financial Officer, effective August 1, 2024. Joshi brings over 22 years of industry experience across sectors such as Retail, Telecom, IT, and Healthcare.

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Waaree Renewable targets Rs 2,600 crore revenue for FY25, driven by supportive govt policies and corporate energy shifts, says CFO

CFO News

Dilip Panjwani, CFO of Waaree Renewable Technologies, highlighted the company’s doubling turnover and the broader impact of government policies on renewable energy.

CFO 40
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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.