Fri.Jun 14, 2024

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Thinking Beyond the Bottom Line with Strategic Accounting

CFO Plans

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. It’s about leveraging financial insights to drive strategic decisions and elevate your business to new heights. Let’s explore five key accounting services that can transform your business operations and help you stay ahead of the competition.

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What is an FUE When Buying S/4HANA Cloud?

Navigator SAP

One of the advantages of SAP S/4HANA Cloud Public Edition is the scalability of the ERP solution. Functionality can be turned on or off and extended depending on the needs of the business, and seat licenses can expand (or be reconfigured) depending on the company’s needs. This inherent ability to expand and reconfigure the ERP solution is where FUE allocation comes into play.

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28% of big companies have no formal CFO succession plan, finance chiefs say

CFO Dive

The dearth of succession plans for departing finance chiefs comes as CFO turnover at public companies has soared this year.

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Unlocking Hyper-growth: Why Your CPG Company Needs SAP S/4HANA Cloud Public Edition Now

Navigator SAP

SAP S/4HANA Cloud, comes pre-configured with industry best practices for Consumer Products companies, allowing for a fit-to-standard implementation.

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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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In interim CFO pick, Tyson draws on established finance creds

CFO Dive

The beleaguered chicken processor is leaning on a company veteran with two decades of finance experience as interim CFO following John Tyson’s suspension.

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In-house counsel compensation rose 4%, in line with inflation

CFO Dive

Median compensation for in-house counsel rose modestly this year as the incidence of signing bonuses declined.

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The Blueprint of an AI-First Financial Institution

Global Finance

Financial institutions have been facing tough challenges between economic uncertainty and an unprecedented technology-powered speed of change, especially since the Spring Bank Run of 2023. Banks are now prioritizing four key areas: liquidity management with a balanced portfolio view including commercial real estate (CRE), enterprise protection with anti-fraud and cybersecurity, operational resiliency and sustainability with climate risk and green products.

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Hyundai unit files for India IPO that could be country's biggest

CFO News

India's second-biggest car maker behind Maruti Suzuki, Hyundai will not issue new shares in the IPO which will involve its South Korean parent selling part of its stake in the wholly owned unit to retail and other investors via a so-called "offer for sale" route.

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Budgeting Hacks: 3 Ways CFOs & FP&A Teams Can Cut Cycle Times

Lime Light

Budgeting is often a time-consuming and cumbersome process, draining valuable resources and delaying crucial decision-making. The good news is that it doesn't have to be this way. With the right strategies and tools, you can significantly reduce your budget cycle time, freeing up your team to focus on strategic initiatives and driving growth.

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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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Why India-China tensions are equal to a big headache for electronics makers

CFO News

According to industry executives, 4,000-5,000 visa applications of Chinese executives are currently awaiting government go-ahead, hindering the Indian electronics manufacturing industry’s expansion plans. This is despite New Delhi setting up a mechanism to clear business visa applications within 10 days.

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Budgeting Hacks: 3 Ways CFOs & FP&A Teams Can Cut Cycle Times

Lime Light

Budgeting is often a time-consuming and cumbersome process, draining valuable resources and delaying crucial decision-making. The good news is that it doesn't have to be this way. With the right strategies and tools, you can significantly reduce your budget cycle time, freeing up your team to focus on strategic initiatives and driving growth.

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India cuts windfall tax on petroleum crude

CFO News

India reduced the windfall tax on petroleum crude to 3,250 Indian rupees per metric ton from 5,200 rupees on June 15. The tax for diesel and aviation turbine fuel remained at zero. The tax is revised every fortnight and the recent adjustment was made on June 1.

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India Inc makes a play for equality: L&T and Amazon lead the way with all-women teams in engineering and delivery

CFO News

Engineering giant L&T has established an all-women team at Tata Steel's mining site in Odisha, handling large machinery repairs, inspired by a successful pilot. Amazon, which initiated all-women virtual customer service in 2020, now operates nine all-women delivery stations in various locations. Companies like Shell, KFC, and Dr. Reddy's are also creating all-women teams in various sectors, boosting productivity, reducing attrition, and attracting female talent.

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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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Why Modi is at the G7 Summit, and why G7 needs him

CFO News

The Western world wants India by its side. Given the increasing economic heft of the country, India cannot be outside the major policy issues confronting the West. It will be India's 11th participation in the G7 Summit and PM Modi's fifth consecutive participation at the G7 Summit.

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Third-party firms Delhivery, Xpressbees look to sort out logistics of quick commerce race

CFO News

Third-party logistics firms like Delhivery and Xpressbees are venturing into the quick-commerce sector to support platforms such as Swiggy Instamart, Blinkit, and Zepto as demand surges. Sensing opportunity in the q-commerce space, Delhivery has started to work with Swiggy Instamart’s larger warehouses which supply to small dark stores, or fulfilment centers.

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At G7 Outreach session, PM Modi calls for ending monopoly in technology

CFO News

Prime Minister Narendra Modi, addressing the G7 summit in Italy's Apulia region, called for ending technological monopolies and fostering creative technology to build an inclusive society. Highlighting the global impact on the Global South, Modi emphasized India's responsibility to voice their concerns, prioritizing Africa's development. He stressed the significance of artificial intelligence, citing India's AI Mission and national strategy.

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Nykaa grants 4.73 lakh shares under Esop scheme

CFO News

FSN E-Commerce Ventures, operating Nykaa, allotted 4,73,138 equity shares under Esop scheme. Shares valued at Rs 8.08 crore. Managing director Falguni Nayar foresees $90-billion market growth.

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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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India’s wholesale prices accelerate to 15-month high of 2.61% in May

CFO News

India's Wholesale Price Index (WPI) surged to a 15-month high of 2.61 percent in May, up from 1.26 percent in April 2023. This increase was notably higher compared to the 3.48 percent decline seen in May 2023. The numbers accelerated significantly, with WPI reaching 7.4 percent in May, up from 5.5 percent in April and 4.82 percent in May 2023. Primary articles inflation rose to 7.2 percent in May from 5.01 percent in April, while fuel and power inflation remained subdued at around 1.4 percent.

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G7 tackles migration, economy & more, but differs on abortion

CFO News

Leaders of the G7 nations focused on artificial intelligence, economic security, and migration during their summit in Italy, addressing major global challenges like financial support for Ukraine and climate change.