Thu.Aug 29, 2024

article thumbnail

The Essentials of Treasury Management in Modern Businesses

CFO Talks

The Essentials of Treasury Management in Modern Businesses In today’s fast-paced world, managing a company’s money isn’t just about paying bills and keeping the lights on. It’s about making sure the business stays financially healthy and ready for whatever comes its way. As a CFO, you’re at the helm of this important task. Let’s break down the essentials of treasury management in a way that’s practical and easy to apply.

article thumbnail

Salesforce CFO to exit post after successor is picked

CFO Dive

Amy Weaver is also expected to become a special adviser to the CEO once she steps down as the company’s finance chief.

CFO 255
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

14 best finance AI tools for finance leaders

Cube Software

How are AI tools changing finance? AI tools are changing finance by heavily reducing the amount of manual calculations needed to generate and analyze important financial reports.

Finance 52
article thumbnail

Only 58% of executives assessed business risks of AI: PwC

CFO Dive

Rapid advances in AI outpace efforts to contain the risks from the technology, according to executives and officials.

article thumbnail

4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

article thumbnail

Bridging the gap in AI implementation

Future CFO

The Association of Chartered Certified Accountants highlighted in a recent study the importance of digital literacy among finance professionals amid the buzz of artificial intelligence implementation in organisations. According to the ACCA, it is important for accountants to understand a wider range of technical tools, including programming languages, in the course of AI implementation.

More Trending

article thumbnail

The Mentoring Round | Matt Steinfort, CFO, DigitalOcean

CFO Thought Leader

Inside The Mentoring Round , CFO Matt Steinfort tells us how DigitalOcean is making AI more accessible to small tech companies by offering AI compute capacity in manageable, on-demand chunks. This allows smaller developers to integrate AI into their applications without needing extensive resources. Additionally, DigitalOcean is using AI to enhance its own services, making them easier to consume and more efficient.

CFO 52
article thumbnail

BMO expands Zero Barriers to Business Programs to support Asian, LGBTQ+ and Veteran-owned businesses

Bank of the West

Running a small business can be challenging – and members of historically underserved groups face additional barriers to success. That’s why BMO is expanding our Zero Barriers to Business programs… Read more The post BMO expands Zero Barriers to Business Programs to support Asian, LGBTQ+ and Veteran-owned businesses appeared first on About BMO.

52
article thumbnail

Top 10 Business Budgeting Software for Startups, SMBs, and Enterprises in 2024

Lime Light

In 2024, Chief Financial Officers (CFOs) aren't just number-crunchers. They're strategic visionaries navigating an increasingly complex global financial landscape.

article thumbnail

We get leverage when China invests in India, says Finance Commission chairman Arvind Panagariya

CFO News

Leading economist Arvind Panagariya advocates allowing Chinese investments in India, barring security risks. He highlights the potential leverage gained against China and argues that FTAs with large markets could boost foreign investments. His book criticizes import substitution, urging reforms and citing India's telecom success as an exception.

article thumbnail

The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

article thumbnail

Creating An Annual Budget With Your Fractional CFO

CFO Share

Building an effective annual budget is more than just crunching numbers—it’s about creating a strategic roadmap that aligns your managers to the business goals. This process can feel dreadful for small business owners, especially if your current finance team did not handle last year’s budgeting well. Enter the fractional CFO : a seasoned financial expert who can guide you through this critical process, ensuring that your budget supports your company’s vision and anticipates challenges and

article thumbnail

Reliance AGM 2024: Ambani predicts top-30 global status, highlights Jio’s innovations, and notes 1.7 lakh jobs created

CFO News

At Reliance Industries' AGM 2024, Mukesh Ambani outlined the company’s resilience amid global challenges, revealed record financial performance, emphasized Jio’s growth as a global data leader, and projected entry into the world’s Top 30 companies.

45
article thumbnail

Trump case sparks request for FASB accounting rule revamp

CFO Dive

Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, is asking the FASB to revise and clarify the GAAP rules.

GAAP 247
article thumbnail

Aditya Birla Sun Life AMC appoints Pradeep Sharma as new CFO, effective October 31

CFO News

Aditya Birla Sun Life AMC has appointed Pradeep Sharma as its new Chief Financial Officer, effective October 31, 2024. Sharma brings over 30 years of finance experience to the role.

CFO 40
article thumbnail

How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

article thumbnail

Trump vs. Harris: How Each Presidency Could Shape the Future for Small Businesses

CFO Share

As the 2024 presidential election approaches, you may be wondering how a Trump presidency might impact your small business differently from a Harris presidency. The economic policies of each candidate could have profound impacts on small businesses, influencing everything from tax burdens to international trade. In this article, we will explore three key areas where these impacts could be most pronounced: Tax reforms The USMCA (aka NAFTA 2.0), and Regulation Tax Reforms for Small Businesses The

article thumbnail

India's e-commerce export hubs expected to create 2.75 lakh jobs

CFO News

TeamLease Degree Apprenticeship, the largest degree apprenticeship provider collaborating with 22 universities nationwide, reports that India’s plan to develop 50 e-commerce export hubs is projected to create up to 2.75 lakh jobs.

article thumbnail

Tax authorities send Rs 606 crore GST demand notice to LIC

CFO News

Life Insurance Corporation of India (LIC) has received a demand notice for Rs 605.58 crore from tax authorities for short payment of GST in the financial year 2019-20. The notice, which includes interest and penalties, is appealable. LIC reports no material impact on its financials or operations due to this notice.

40
article thumbnail

Corporate revenue growth slows to 5-7% in June quarter, lowest in 15 quarters: Crisil

CFO News

The dip in growth was driven primarily by a downturn in agriculture-linked sectors such as fertilisers, seasonal factors, and the impact of general elections on construction-linked industries.

article thumbnail

How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

article thumbnail

Sebi chief Madhabi Puri Buch says compliance must not burden companies

CFO News

SEBI chairperson Madhabi Puri Buch emphasized the ease of regulatory compliance at the Global Fintech Fest. She discussed the positive reception of new REIT regulations and addressed conflict-of-interest allegations from Hindenburg Research regarding her ties to Blackstone, which both she and the Adani group have denied.

article thumbnail

SEBI issues notice to Religare Ent's Rashmi Saluja

CFO News

The investigation centres on trades conducted by Saluja last year on September 21 and 22, days before the Burman family's open offer for Religare Enterprises was announced on September 25, 2023.

40
article thumbnail

Responsible lending is as important as responsible borrowing: RBI official

CFO News

A senior RBI official emphasised the need for responsible lending to build consumer trust and protection in digital lending using AI/ML models. With AI's growing role in credit assessment, banks need to focus on governance and financial literacy. Digital lending is expected to surpass $1 trillion by 2030.

Banking 40
article thumbnail

RBI likely to issue final project finance guidelines in 2-3 months

CFO News

The Reserve Bank of India is expected to release final guidelines soon on provisioning and accounting norms for project finance. Discussions are also ongoing for Expected Credit Loss guidelines. The RBI aims to implement new provisions at 5% in phases, addressing concerns from stakeholders about the increased costs for banks and borrowers.

Finance 40
article thumbnail

2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

article thumbnail

Adani’s airport business to undergo de-merger by 2027-28: Group CFO

CFO News

Adani Group aims to demerge its airport business by 2027-28, guided by financial independence and operational readiness. This comes as Adani Enterprises Limited launches its first public issue of NCDs, targeting up to Rs 800 crore. The raised funds are intended for prepaying or repaying existing borrowings, facilitating growth.

CFO 40
article thumbnail

AI experts’ sky-high salary demand stumps Indian companies

CFO News

According to Mark Samlal of San Francisco-based Deel, a payroll and compliance provider, at least 132 companies looking to hire AI talent in India are facing high salary expectations from candidates. Deel currently serves organisations like BCG, Nike, Forever21, Shopify, Klarna, Reddit and BBC Studios. Its 550 employees in India account for over 13% of its global workforce of 4,000.

article thumbnail

RIL AGM Highlights 2024: Mukesh Ambani's conglomerate to focus on AI-led development in India; key announcements here

CFO News

RIL AGM 2024 Highlights: At its 47th AGM, Reliance Industries Ltd praised its business success and India's economic rise. Chairman Mukesh Ambani highlighted global uncertainty but expressed confidence in India's growth. The board will consider issuing bonus shares. Ambani shared the company's focus on technology and AI for future growth.

article thumbnail

Reliance AGM: Mukesh Ambani sets a global goal for the oil-to-telco co

CFO News

At the 47th Annual General Meeting, Reliance Industries Chairman Mukesh Ambani expressed aspirations for his company to rank among the top 30 globally. The firm, which has already joined the top 50 most valued firms worldwide, aims to advance despite a slight decline in net profit for the first quarter of 2024.

40
article thumbnail

Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.