Wed.May 15, 2024

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Inflation cools, reassuring Fed after unexpectedly hot gains in Q1

CFO Dive

The yield on the benchmark 10-year Treasury note fell on investor speculation that slower inflation will prompt the Fed to sooner cut borrowing costs.

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April inflation matches expectations; markets celebrate

Tips Watch

Both all-items and core inflation increased 0.3% in April, as predicted. By David Enna, Tipswatch.com After three months of higher-than-expected inflation, U.S. prices in April increased on target, setting off a euphoric mood in the stock and bond markets.

Marketing 113
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Trending Sources

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Companies are choosing leaner operations over price hikes: BCG

CFO Dive

Passing on cost increases to inflation-weary consumers is challenging, but not raising prices carries its own risks.

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DoL’s Retirement Security Rule & PTE 2020-02 Amendment: What Advisers Need to Know Now About Giving Rollover Advice After Sept 23, 2024

Nerd's Eye View

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ". The new rule represents the latest attempt by regulators to define the types of individuals and advice that are subject to a fiduciary obligation, following on the heels of the SEC's Regulation Best Interest (

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Northrop Grumman names new CFO in leadership shakeup

CFO Dive

The transition comes on the heels of some volatility in the defense industry giant’s financial performance.

More Trending

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Govt looks to change base year for major economic gauges to FY23, revamp of key datasets also being planned

CFO News

The base year provides a reference point for measuring changes in economic variables and comparing relative performances of indicators over time. For instance, real gross domestic product (GDP) growth is currently calculated with reference to FY12 prices.

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ION-owned LIST connects FastTrade electronic trading system to the Luxembourg Stock Exchange

Reval

London – 15 May 2024: LIST, an ION company, today announces that it. The post ION-owned LIST connects FastTrade electronic trading system to the Luxembourg Stock Exchange appeared first on ION.

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DHFL bank loan case: Dheeraj Wadhawan moves court for bail after his arrest

CFO News

Former DHFL director Dheeraj Wadhawan seeks bail on medical grounds after arrest by CBI in bank loan fraud case. Bail plea listed on May 18 at Rouse Avenue Court. Directed for physiotherapy and medical care in jail. Previously granted protection by Bombay High Court.

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Best Investment Banks and Sustainable Finance Awards Ceremony 2024

Global Finance

Global Finance held its 25th annual Best Investment Bank and the Sustainable Finance awards at Searcy’s in London on April 30th. The awards ceremony brought together attendees from across the globe at the iconic Gherkin on St. Mary’s Axe in the heart of the City of London. Societe Generale was awarded the World’s Best Bank for Sustainable Finance and clickthrough for highlights from a fantastic evening celebrating the institutions pushing the agenda for sustainability financing and investment ba

Finance 52
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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Tomorrow's success hinges on CFO's ability to anticipate and leverage opportunities, says Kaushik Sarkar, Bosch Global Software Tech

CFO News

Kaushik Sarkar, CFO at Bosch Global Software Technologies, highlights how technology is reshaping CFO roles, making them vital strategic advisors. He emphasizes their crucial role in navigating today's complexities and preparing for tomorrow's challenges to drive sustainable growth.

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New Recurring Revenue Solutions in the Global Semiconductor Industry

Bramasol

" In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving

SAP 52
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India overtakes Australia, Japan and Singapore in data centre capacity, gets $40 billion funds

CFO News

India has emerged as the data center leader in the Asia-Pacific region (excluding China), surpassing countries like Singapore, Australia, South Korea, Japan, and Hong Kong in installed capacity. With 950 MW of installed capacity and an expected addition of another 850 MW by 2026, India is set to solidify its position in the data center business. The country's favorable market conditions are attracting multinational corporations seeking to expand their digital services.

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Chartis Research ranks ION Commodities as a leading technology provider for energy markets for the fourth time in a row

Reval

London – 28 February 2024: ION Commodities, a global leader in energy and. The post Chartis Research ranks ION Commodities as a leading technology provider for energy markets for the fourth time in a row appeared first on ION.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Exports up 1% in April, yet trade gap widens

CFO News

India's goods exports grew 1.06% to $34.99 billion in April, with a trade deficit of $19.1 billion fueled by increased gold imports. Switzerland replaced Russia as a key import source. Challenges include rising petroleum imports and ongoing FTA discussions with the UK.

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ION Markets – Bond Launch

Reval

ION Markets – Bond Launch The post ION Markets – Bond Launch appeared first on ION.

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Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months

CFO News

Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.

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ION Markets – Bond Launch

Reval

ION Markets – Bond Launch The post ION Markets – Bond Launch appeared first on ION.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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16 best cash flow management software for busy finance teams [in 2024]

Cube Software

These are our top picks for the best cash flow management software tools for finance and FP&A teams looking to manage cash flow and make forecasts in 2023.

Finance 52
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Beyond automation: exploring the potential of hyperautomation

Jedox Finance

Hyperautomation is at the forefront of digital transformation, reducing workloads and eliminating uncertainty in planning and analysis. It’s a combination of technologies that can be used to automate processes under a unified system. Hyperautomation isn’t just about automation; it’s about hyper-speed, hyper-efficiency, and hyper-scalability. What is hyperautomation?

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The power of finance statistics: how to use data to propel your company forward

Cube Software

Data in modern finance: why is it important? In finance, data is the foundation of strategic decision-making. Financial statistics provide a clear picture of where your company stands and where it can go, informing everything from budget allocations to risk management and investment strategies.

Finance 52
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Clover Infotech appoints Harsh Jain as Chief Financial Officer

CFO News

Harsh brings over two decades of extensive experience and proven expertise in corporate finance. He joins the role from his previous position as Vice President of Finance at Clover Infotech.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Varun Beverages appoints Rajesh Chawla as new CFO

CFO News

Rajesh Chawla named as the new successor of Lalit Malik in CFO role for Varun Beverages Limited.

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Centre used capex to build quality infrastructure: FM Nirmala Sitharaman

CFO News

Sitharaman said the share of capex in overall expenditure went up to over 21% in 2023-24 as against just 12% in 2013-14 during the UPA regime, when infrastructure development remained grossly neglected.

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Jindal Stainless eyes 20% volume growth in FY25, to spend over Rs 5,000 crore on capex

CFO News

The country’s largest producer of stainless steel sold 2.17 million tonne of stainless steel in 2023-24 (Apr-Mar), a growth of 23%, surpassing the company’s guidance of 20% for the year.

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India slashes windfall tax to Rs 5,700 per tonne, effective May 16

CFO News

The Centre reduced windfall gains tax on domestically produced crude to Rs.5700 per tonne from Rs 8,400 per tonne, effective May 16, 2024. Export duty on petrol, diesel, and ATF remains nil. The new rates were announced by CBIC in a late-night notification on Wednesday, following the revision of rates on May 1.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.