Mon.Sep 09, 2024

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UPenn, University of Texas produce most CFOs

CFO Dive

In a shakeup, The University of Texas at Austin unseated University of Virginia this year to top the list of public schools that have produced the most sitting finance chiefs.

Finance 291
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Dealing with Aging: Updating the Intel, Walgreens and Starbucks Stories!

Musings on Markets

A few weeks ago, I posted on the corporate life cycle , the subject of my latest book. I argued that the corporate life cycle can explain what happens to companies as they age, and why they have to adapt to aging with their actions and choices. In parallel, I also noted that investors have to change the way they value and price companies, to reflect where they are in the life cycle, and how different investment philosophies lead you to concentrated picks in different phases of the life cycle.

Valuation 115
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Trending Sources

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Companies lean on AI in push to curb cyber insurance costs

CFO Dive

Half of business leaders responding to a Delinea survey said their organization was able to negotiate a lower cyber insurance rate after using AI.

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Stakes Rising In The US-China AI Race

Global Finance

The intensifying competition between the United States and China over artificial intelligence (AI) is not merely an extension of their long-standing trade disputes; it is a critical battle that could reshape global power dynamics. Two recent developments have amplified the significance of this struggle: the war in Ukraine, which has vividly illustrated how AI, particularly in the form of AI-enhanced drones, can be weaponized, underscoring the technology’s lethal potential in modern warfare; and

Economics 111
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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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Companies boosting salary budgets at near-record pace in 2025

CFO Dive

Salaries will likely rise at a robust clip even though the job market since the pandemic has gradually cooled, the Conference Board said.

Budgeting 288

More Trending

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New Eli Lilly CFO to receive $1M salary, bonus opportunity

CFO Dive

The financial leadership transition is coming as the pharma giant hovers just below a $1 trillion market cap in the midst of rising demand for several new medications.

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Corporate Treasurers Proceeding With Caution

Global Finance

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. Huge interest rate shifts and geopolitical uncertainties have prompted a major rethink by corporate treasurers as they steer their companies through an economic landscape that exposes them to risk and opportunity in equal measure.

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B2B payment fraud poised for 2024 surge

CFO Dive

The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.

B2B 274
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Strengthening Digital Dexterity – Three steps to help CFOs deliver digital business outcomes

Future CFO

To keep pace with the constant changes brought about by digital business, CFOs need to acquire new skills and knowledge. Now more than ever, digital aptitude is not only necessary to vet business cases and measure outcomes for digital projects but it’s also needed to drive a company’s long-term success. According to a recent Gartner study, 1 companies that met or exceeded expectations for returns on digital spending increased earnings before EBITDA at a rate of 2.8 percentage points faster than

Finance 98
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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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Salesforce shapes industry-tailored AI play targeting 15 sectors

CFO Dive

The software provider unveiled an AI Use Case Library with more than 100 AI capabilities aimed at financial services, life sciences, healthcare and other sectors.

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The Treasury Function Gets Strategic

Global Finance

New tools and techniques, including AI and ML, are helping treasurers to optimize cash flow—and giving them a bigger role in strategic business decision making. Not that long ago, corporate treasurer—the top slot in every company’s green-eyeshade corps—was about the last position most observers would tag as strategic. While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed.

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Repco Home Finance’s CFO K Lakshmi resigns

CFO News

K Lakshmi, joined Repco Home Finance in 2022, and tendered her resignation citing personal reasons.

CFO 75
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Maximize Growth and Profitability Through Strategic Budget Planning

E78 Partners

For private equity firms, success isn’t just about acquiring companies; it’s about transforming them. The mandate is clear: rapidly create value, manage risk, and prepare for a profitable exit. Under these pressures, one aspect often underestimated is the power of strategic budget planning. It’s not just about managing numbers—it’s about aligning financial strategies with business goals to unlock value at every stage of the investment cycle.

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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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Gautam Adani's plan to invest $1.85 billion in Kenya’s largest airport blocked by court

CFO News

Kenya’s High Court has temporarily paused a government plan to transfer the management of Nairobi's Jomo Kenyatta International Airport to Adani Group. The 30-year lease proposal has sparked controversy, with Kenya’s aviation union raising concerns about potential job losses and foreign workers replacing locals. The Adani Group has yet to comment on the situation.

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Looking back at my longest-held stocks

Tips Watch

By David Enna, Tipswatch.

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Tac Infosec CFO Vishal Jain resigns

CFO News

Vishal Jain stepped down from his role citing personal reasons.

CFO 75
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Maximize Growth and Profitability Through Strategic Budget Planning

E78 Partners

Download our free budget planning checklist For private equity firms, success isn’t just about acquiring companies; it’s about transforming them. The mandate is clear: rapidly create value, manage risk, and prepare for a profitable exit. Under these pressures, one aspect often underestimated is the power of strategic budget planning. It’s not just about managing numbers—it’s about aligning financial strategies with business goals to unlock value at every stage of the investment cycle

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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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GST Council Meet: New GoMs on insurance & compensation cess to B2C e-invoicing pilot, here are key highlights

CFO News

The 54th GST Council meeting concluded on Monday unveiled major reforms, including new Groups of Ministers, tax rate adjustments, and a voluntary B2C e-invoicing pilot, shaping India's tax landscape.

B2C 75
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Navigating the International Waters of Tax Compliance: A Guide for Startups

CFO Plans

As a startup operating in today’s globalized world, it’s essential to understand the complexities of international tax regulations. One crucial aspect that often gets overlooked is the requirement to file foreign ownership disclosures and potentially an FBAR (Report of Foreign Bank and Financial Accounts). Failure to comply with these regulations can lead to significant penalties and legal consequences.

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Saurashtra Cement appoints Pradeep Mehta as CFO

CFO News

Saurashtra Cements has announced the appointment of Pradeep Mehta as its new Chief Financial Officer, following the retirement of Virendra Raj Mohnot on September 8, 2024.

CFO 74
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Why Service Advisors Who Obtain CFP Marks Are Making More Money For Themselves And Their Firms

Nerd's Eye View

While the share of advisors with the CFP marks has risen steadily over time, today, about 2/3 of financial advisors are not CFP professionals. This means that, for most advisors, the decision to obtain this designation remains an open one. A crucial factor in an advisor's decision to prepare for the CFP exam – often requiring them to sacrifice evenings and weekends to complete the requisite coursework (which can take more than a year), and spending many thousands of dollars – is whet

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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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CreditAccess Grameen elevates Nilesh Dalvi to CFO

CFO News

Nilesh Dalvi, who joined CreditAccess Grameen in 2019, previously held the role of Senior Vice President, leading Investor Relations and ESG initiatives, before being elevated to Chief Financial Officer.

CFO 74
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The Czech Republic: Looking To Diversify

Global Finance

Czechia engineers a shift from heavy industry to green energy and high tech as it recovers from last year’s recession. In the years between the world wars, Czechoslovakia was the economic powerhouse of Central Europe, synonymous with such names as Skoda Autos, Tatra Truck, Jawa Motorcycles, Bata Shoes, and Bohemia Crystal, with the region’s highest living standard.

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India Inc sees 63 pc surge in deal value at $8.7 billion in August: Report

CFO News

India Inc saw a huge 63 per cent increase in deal value for the month of August at $8.7 billion amid geopolitical challenges, as telecom, energy and EV sectors shined, a report showed on Monday.

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Enterprise AI: Are we at the crest or the trough?

Global Finance

The rise of enterprise AI AI adoption in banks has been supercharged by generative AI. But is this just another short-lived and overhyped technology? Or is it truly the start of a new revolution in financial services? The financial services industry has had several similar moments in the past decade, yet not all of them have resulted in true transformation.

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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.