Mon.Oct 16, 2023

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CFOs keep focus on tech, profitability: Grant Thornton

CFO Dive

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

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Special Webinar: Fresh Insights from SAP Quote-to-Cash Event in Dallas

Bramasol

If you couldn’t attend the SAP Quote-to-Cash by TAC Insights event in Dallas, TX (or if you were there and too busy to take everything in), this webinar will provide a broad and deep exploration of the key trends, insights, and ah-ha moments from a panel of Bramasol and SAP experts. In addition to a half hour panel discussion, the session is designed as an interactive Q&A, so enter your questions below and/or bring them to the webinar.

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Trending Sources

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Procurement must adapt to era of ‘sudden upheavals’: McKinsey

CFO Dive

Even as supply chain disruptions wane, companies should adjust procurement to a period of volatile prices and global strife, McKinsey said.

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Accelerating Growth By Marketing How Your Advisory Firm Is Different (Instead Of Better)

Nerd's Eye View

Consumers have a wide range of options when it comes to choosing a provider of financial advice, from larger wirehouses and asset managers to smaller Registered Investment Advisers (RIAs). Given that larger firms tend to have more substantial marketing budgets to attract clients, smaller firms and their advisors have had to look for alternative ways to differentiate themselves from the competition.

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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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Now is the time for CFOs to adopt generative AI solutions

CFO Dive

Finance plays a critical role in leading adoption of generative AI for powerful business outcomes. Learn the steps to get started as well as key use cases for Finance.

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More Trending

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CVS shuffles leadership again as CFO takes leave

CFO Dive

The changes come about a month after the pharmacy giant appointed CFO Shawn Guertin as president of its health services segment.

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Achieving a Shared Alignment Around Data | Sarah Spoja, CFO, Tipalti

CFO Thought Leader

942: Building a Profitability Mindset | Sarah Spoja, CFO, Tipalti MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

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The promise of generative AI for cyber security

Future CFO

With great advancements in technology come greater risks posed on organisations around the world. From reconnaissance to action, generative artificial intelligence can be useful for defence all along the cyber kill chain. Threat detection and analysis Generative AI can be invaluable for proactively detecting vulnerability exploits, rapidly assessing their extent — what’s at risk, what’s already compromised and what the damages are — and presenting tried-and-true options for defence and remediati

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Dial T for telco tax: Supreme Court rings in tweaks

CFO News

The Supreme Court ruled that license fees payable by telecom companies will be treated as capital in nature, potentially leading to additional tax liabilities of about $1 billion for the sector this fiscal year. The ruling overturns a Delhi High Court order that categorized license fees before and after July 31, 1999, differently. This decision is a setback for older telcos like Bharti Airtel and Vodafone Idea, as well as Reliance Jio, as they will need to reassess their financial structures and

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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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Six key drivers of transformation success CFOs must know (Part 2)

Future CFO

Yesterday we listed the first three key drivers of transformation success that CFOs must know according to EY. Today, we list the rest of them below. As economic uncertainty continues, CFOs continue to be integral leaders in their organisations’ transformation for long-term competitiveness. While there are gaps in organisations’ ability to execute successful transformation, the good news is that nearly half of the CFOs are aware of that, EY pointed out.

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Vedanta's demerger plan may overshoot timeline

CFO News

Experts have warned that Vedanta Ltd's plan to demerge its businesses may face delays due to lender scrutiny and the complexities involved in the proposed value-unlocking plan. The distribution of debt across the new entities will be a focus, as it could reduce cash flow fungibility. Approvals from the National Company Law Tribunal and the Indian government are also required, which could be challenging given the upcoming federal elections.

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What type of FP&A integrations should finance teams use?

Cube Software

The crucial role of FP&A integrations in business success As your business grows, having a crystal-clear view of your company's financial health is essential for making smart decisions and optimizing performance.

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DoT decides to auction all unsold airwaves, again

CFO News

The next auction is planned for January as some licences of Bharti Airtel and Vodafone Idea are set to expire in February, said an official aware of the matter. This means that no new spectrum bands, including the 37 GHz band, will be auctioned in the next sale as the Trai has not announced any reserve price for these bands.

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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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Datarails competitors: The complete list for 2023

Cube Software

Why FP&A software is crucial for modern finance leaders Manual planning means data must be re-entered, updated, and formatted repeatedly. It’s time-consuming and error-prone, not to mention hard to scale. Both Datarails and competing platforms offer an automated solution that eliminates manual processes and human error.

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US at WTO on import curbs on IT: Companies will avoid doing business with India

CFO News

At a meeting of the committee on market access at the World Trade Organization (WTO), the US said the measure prompts its firms to think twice about doing business in India and it would impact its exports while China and Taiwan sought the purpose of this policy.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • The Economy (Taylor’s Version) : See how much money Taylor Swift’s Eras Tour actually made. ( Washington Post ) • The Worst Bond Bear Market in History : The bond bear market of the 1950s through the early-1980s was more of a death-by-a-thousand cuts. And the source of those cuts was inflation. Sure, annual nominal returns were positive at a little more than 2% per year but inflation was in the 4-5% range over that period. ( A Wealth of Common Sense ) s

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Mojocare board decides to return funds to investors

CFO News

On July 5, ET had first reported that while a few investors considered the option of a fire sale, the majority were in favour of shutting down Mojocare and returning the remaining capital to the investors.

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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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FCF Bank Monitor – Q3 2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Bank Monitor – Q3 2023”. FCF regularly engages in research on the banking sector based on available data from the most active and. Read more The post FCF Bank Monitor – Q3 2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Personal care brand Mamaearth gets set for renewed overseas push

CFO News

The company is already present in some overseas markets such as the UAE, Singapore, Nepal, Malaysia, Maldives and Mauritius, where it operates either through modern trade and ecommerce marketplaces, and even its own dedicated brand website in some cases.

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Venture Capital Sentiment Tracker – September 2023

Fox Corporate Finance

September 2023: Biotechnology Medical Technology Health Technology Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Biotechnology Funding Volume (€m) 0 Trend Medical Technology Funding Volume (€m) 0 Trend. Read more The post Venture Capital Sentiment Tracker – September 2023 appeared first on FCF Fox Corporate Finance GmbH.

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GST-hit gaming companies, VCs in a huddle to keep the lights on

CFO News

Experts predict a major consolidation in the real-money gaming (RMG) industry in the near future, wherein 80% of the smaller companies will either shut down or get acquired by bigger rivals such as MPL, Dream11 and Games24x7.

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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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PM Modi meets Google CEO Sundar Pichai, discusses plans to expand India's electronics manufacturing ecosystem

CFO News

Prime Minister Narendra Modi on Monday virtually interacted with Chief Executive Officer (CEO) of Google and Alphabet Sundar Pichai. According to an official press release, PM Modi and Pichai discussed Google's plan to participate in expanding the electronics manufacturing ecosystem in India. The PM also appreciated Google’s partnership with HP to manufacture Chromebooks in India.

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India is the shining star of Asia now: Tyler Dickson, Investment Banking Head, Citi

CFO News

India has experienced strong merger and acquisition (M&A) activities and a flourishing IPO market in 2023, making it a shining star in Asia, according to Tyler Dickson, head of investment banking at Citi. He believes that India offers attractive opportunities for both domestic and international clients, despite tighter liquidity conditions.

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GDP growth estimated at 6.3 per cent for 2023-24: FICCI Economic Outlook Survey

CFO News

The Indian economy is projected to grow by 6.3 per cent in FY24 with a minimum and maximum growth estimate of 6.0 per cent and 6.6 per cent respectively, according to the latest Economic Outlook Survey released by the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday.

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Richie rich facing tax cases may be spared court visit

CFO News

The Calcutta High Court has ruled that individuals facing prosecution by the Income Tax department under the Black Money law will not be required to personally appear in court. Instead, they will need to give an undertaking not to leave the country without permission from the trial court. This ruling is expected to have a positive impact on ongoing prosecution cases related to TDS defaults under the Income Tax Act.

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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.