Tue.Nov 14, 2023

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Finance teams lag behind HR, legal in AI adoption: Gartner

CFO Dive

“CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.

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NFRA joins IFIAR to strengthen global audit oversight

CFO News

This collaboration with 55 global counterparts signifies a commitment to enhancing audit practices worldwide and fostering the exchange of best practices.

Auditing 119
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Trending Sources

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Escalating SaaS prices outpace CPI inflation

CFO Dive

Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice.

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Yulu's CFO Anuj Tewari assumes Co-Founder role amidst plans for rapid growth and expansion

CFO News

After the official announcement, Tewari becomes an integral part of the current three-member founding team, which includes Amit Gupta as CEO, Naveen Dachuri as CTO, and RK Misra as President of Ecosystem Partnerships.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Inflation slows, spurring bets Fed will start cutting rates in May

CFO Dive

Price pressures declined last month in all major categories except for food, the Labor Department reported.

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More Trending

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Orsted CFO, COO step down following large losses

CFO Dive

The two executives are departing as the offshore wind industry flounders among rising interest rates, narrowing margins and challenged supply chains.

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October inflation brings positive news: Flat for the month, sliding lower for the year

Tips Watch

By David Enna, Tipswatch.com Here we go: A good news inflation report as we head toward a new year. The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, the U.S.

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Express Inc. CFO is out

CFO Dive

Jason Judd arrived from Big Lots just last year, before the recent appointment of Stewart Glendinning as CEO.

CFO 147
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How finance leaders can maximise the benefits of new-age cloud technologies

Future CFO

As open source, cloud-native computing , and other new-age cloud technologies prove to becoming more important as times go by in today's market, finance leaders must see to it that they have a good grasp of the situation. Maximising cloud benefits and how artificial intelligence and big data turn into a game-changer in technology should undoubtedly be on a finance leader's list of priorities now.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Oyo to prepay over Rs 1,600 crore debt via buyback

CFO News

The move comes on the back of Ritesh Agarwal-led startup reporting its first-ever profit in the second quarter of 2023-24, with a profit after tax (PAT) of Rs 16 crore.

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FCF is sponsor of the 8th ECP on February 6, 2024 in Frankfurt am Main and/or February 20 – 21, 2024 online

Fox Corporate Finance

On February 6, 2024, the 8th ECP – European Chemistry Partnering Congress, the business speed dating event for the chemical and biotech industry, will take place in Frankfurt. Visitors to the 8th ECP can benefit. Read more The post FCF is sponsor of the 8th ECP on February 6, 2024 in Frankfurt am Main and/or February 20 – 21, 2024 online appeared first on FCF Fox Corporate Finance GmbH.

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GST dept searches Aviva Life Insurance office for alleged tax evasion: Sources

CFO News

India's tax inspectors have searched the office of British insurance giant Aviva's life insurance unit near New Delhi and seized documents as part of an investigation into alleged tax evasion. The Directorate General of GST Intelligence also seized laptops and questioned officials including India CEO Asit Rath and Chief Financial Officer Sonali Athalye.

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FCF is sponsor of the 8th ECP on February 6, 2024 in Frankfurt am Main and/or February 20 – 21, 2024 online

Fox Corporate Finance

On February 6, 2024, the 8th ECP – European Chemistry Partnering Congress, the business speed dating event for the chemical and biotech industry, will take place in Frankfurt. Visitors to the 8th ECP can benefit. Read more The post FCF is sponsor of the 8th ECP on February 6, 2024 in Frankfurt am Main and/or February 20 – 21, 2024 online appeared first on FCF Fox Corporate Finance GmbH.

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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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Statiq CFO seeks equity funding to drive growth

CFO News

The EV charging solutions company has a strong pipeline of opportunities in the next 18 months, says Aditya Mishra.

CFO 59
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951: Tomorrow’s Lessons, Today | Frank Teruel, CFO, Arkose Labs

CFO Thought Leader

For a dozen years or more, Frank Teruel has been leading a double life professionally. When he stepped into the CFO slot at Arkose Labs last February, the position was just the latest in a succession of CFO stints that had required him to align C-suite duties with additional responsibilities in a Santa Clara University classroom. In his teaching mode, Professor Teruel is known to speak quickly, while keeping discussions lively and interesting by injecting real-world knowledge and business insigh

CFO 52
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Consumers willing to pay more for sustainable products, Bain survey says

Future CFO

A global survey by management and consulting firm Bain & Company revealed that there are high levels of concern among consumers when it comes to sustainability. Finance leaders must take note of this as this can dictate how operations and business will go in the near future, considering that there is now a growing urgency of sustainability topics amid global environmental concerns.

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Sahara Group chairman Subrata Roy passes away

CFO News

In a heartfelt statement, the Sahara India group expressed profound sorrow as it announced the passing of the Chairman of Sahara Group, Subrata Roy. The renowned business figure, also known as 'Saharasri,' succumbed to cardiorespiratory arrest on Tuesday. The Sahara India Pariwar community mourns the loss of its Managing Worker and Chairman, remembering Subrata Roy Sahara for his significant contributions and leadership.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Human capital becomes a key business risk

Future CFO

Human capital is no longer simply a “people problem” but a key business risk that is fuelled by rising health care costs, the competition for talent, workforce shortages, and a lack of retirement preparedness, said Ao n recently. According to results of the firm’s 2023 Global Risk Management Survey of about 3,000 risk managers, C-suite leaders and other executives from 61 countries and territories, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 202

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India's Q2 GDP growth seen at 6.7% on strong services play

CFO News

Robust manufacturing and construction activity also likely contributed to growth in the second quarter, economists said. Forecasts ranged from 6.2% to 7%. The economy grew 7.8% in the April-June quarter and 6.2% in the July-September quarter last fiscal.

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Hot-Tip: Overview of Scenarios for RevRec Transition to S/4HANA

Bramasol

Hot-Tip: your RevRec journey from ECC to S/4HANA can take a number of different paths and involve a complex range of crucial considerations. Bramasol recently hosted an hour long webinar that provides a detailed look at the three most common approaches. Watch the short 5-minute overview below to get a feel for the differences. To get all the details and insights on each scenario, download the full webinar video here.

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US to partner with India in accelerating e-mobility adoption

CFO News

As per the proposal, which has been forwarded for inter-ministerial consultations, the US will extend $150 million (about ₹1,250 crore) to set up a fund as a payment guarantee for companies supplying electric buses to ailing state transport undertakings (STUs). The two sides are in talks to finalise the modalities of the financial mechanism.

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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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Hot-Tip: Crucial Considerations for RevRec in Transition to S/4HANA

Bramasol

Hot-Tip: your RevRec journey from ECC to S/4HANA can take a number of different paths and involve a complex range of crucial considerations. Bramasol recently hosted an hour long webinar that provides a detailed look at the three most common approaches. Watch the short 5-minute overview below to get a feel for the differences. To get all the details and insights on each scenario, download the full webinar video here.

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Ease of doing business: India may do away with arrests for sub-Rs 3 crore GST evasion

CFO News

Currently, under Section 132 of the Central GST (CGST) Act, illegal credit for GST evasion is a criminal offence. GST evasion of Rs 2 crore and above attracts a three-year jail term. The GST Council, in December 2022, approved an increase in the threshold in phases. It was enhanced to Rs 2 crore in March.

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What is reforecasting?

Centage

Change is a constant in the world of business operations planning. Different parts of an organization deal with the steady pace of change inin different ways. Sales teams meet frequently and keep a close eye on a prospect’s position in the funnel. Many IT teams use Agile, a process that lets them incorporate changes to technical requirements on the fly.

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60 pc of businesses 'off track' to meet sustainability goals: Bain & Company report

CFO News

In a recent survey conducted by Bain & Company, it has been revealed that a staggering 60 per cent of businesses are falling behind in achieving their sustainability goals. This alarming trend raises concerns about the corporate world's commitment to environmental responsibility. The report also highlights an interesting shift in consumer behavior – a willingness to pay more for sustainable products.

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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.