Thu.Aug 29, 2024

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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.

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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.

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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.

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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.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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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

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14 best AI tools for Excel (for finance, formulas, and more)

Cube Software

Can you use AI tools in Excel? Many AI-powered tools automate workflows in Excel. Finance teams can leverage these tools to automate manual tasks like data cleaning, report generation , and even data categorization.

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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.

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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.

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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.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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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.

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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.

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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.

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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

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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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.

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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.

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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.

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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.

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Back to Basics with Reconciliations

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.

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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.

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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.

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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.

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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
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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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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.

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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.

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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.

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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.

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Solve Your Firm's Automation Complexities Once and For All

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.