Mon.Jul 22, 2024

article thumbnail

PulteGroup promotes insider to fill retiring CFO’s seat

CFO Dive

Jim Ossowski will take the home builder’s finance reins in 2025 as Pulte looks to build on its record first-quarter home sale revenues.

Finance 274
article thumbnail

FDI Tumbled Across Asia In 2023, UN Reports

Global Finance

A sizable decline in foreign direct investment (FDI) in China and a notable decrease in M&A sales across developing Asia contributed to an 8% fall in FDI to $621 billion across the region in 2023, according to data from the United Nations Conference on Trade and Development (UNCTAD). Nowhere was the drop steeper than in South Asia, where a 37% fall to $36 billion was reported.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Reducing T&E policy violations: 3 steps

CFO Dive

Violations of travel and expense (T&E) policies are a drain on company funds.

190
190
article thumbnail

Healthcare CFOs turn to more comprehensive approaches to boost profitability

Future CFO

A Deloitte research showed that health care finance leaders are looking beyond cost reduction to stabilise and grow operating margins. Amid the struggle of the health care industry with profitability for the past decade, which intensified since the start of the COVID-19 pandemic, organisations' efforts have been hindered to achieve their mission of delivering innovative, high-quality, equitable, and affordable care.

article thumbnail

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.

article thumbnail

Visa, Mastercard say CrowdStrike didn’t impact networks

CFO Dive

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

Banking 130

More Trending

article thumbnail

From the top line to bottom line to green line: The multifaceted impact of sustainability

CFO Dive

Sustainability is now a crucial guiding principle for businesses globally.

130
130
article thumbnail

Evolving From Dysfunctional Team To Advisory Dream Team To Improve Retention And Attract Better-Fit Clients

Nerd's Eye View

Although many advisory firms start out with a single person handling all the work of advising clients, bringing in new business, and managing operations and compliance, there's a limit to how many hours any one person can work, which also means that there's a cap on the amount of client growth a solo advisor can achieve before running up against their capacity limit.

article thumbnail

Firms favored reorganizations over liquidations in H1: S&P

CFO Dive

The jump in companies choosing Chapter 11 could signal rising corporate optimism about reorganization prospects that is partly driven by anticipated rate cuts.

111
111
article thumbnail

1,019: The Rewards of Making an Early Exit | Josh Schenker, CFO, Aditude, Inc.

CFO Thought Leader

Josh Schenker may well be the only CFO we’ve interviewed who claims to have dropped out of high school—which he actually did, sort of. In order to accelerate his academic ascendance, Schenker passed the General Educational Development (GED) test, which in turn allowed him to enroll at college ahead of schedule. “I never received a diploma from my high school, so, technically, I am a dropout,” explains Schenker, who logged many hours during his high school years at his father

CFO 52
article thumbnail

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.

article thumbnail

How CFOs can help meet corporate ESG goals

Future CFO

ESG objectives are reshaping corporate priorities, as investors and regulators demand comprehensive climate change disclosures. Regulations, such as the EU's Corporate Sustainability Reporting Directive now require companies to report extensively, including Scope 3 emissions and business travel impacts. CFOs play a pivotal role in ESG reporting , setting strategic goals, ensuring compliance, and transparently addressing climate change in financial statements.

article thumbnail

Capital allocation: techniques for maximizing financial returns

Cube Software

What is capital allocation? Capital allocation is the process of distributing a company’s financial resources among various projects, departments, or investments. This involves choosing where to spend money to achieve the best returns and support the company’s strategic goals.

article thumbnail

CIBC Mellon – World’s Best Sub-custodian Bank 2024

Global Finance

Mal Cullen, Chief Executive Officer, CIBC Mellon Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Consumer Bank, the 2024 World’s Best Consumer Bank is Standard Chartered. “CIBC Mellon continues to lead the sub-custody sector with its outstanding post-trade capabilities, deep resources and advanced technology.

Banking 52
article thumbnail

1,018: From Complexity to Clarity: Simplifying Business Segments for Investor Insight | Shelagh Glaser, CFO, Synopsys

CFO Thought Leader

When asked to share a single career chapter that has influenced her strategic mind-set as a finance leader, Synopsys CFO Shelagh Glaser knew exactly what to cite. She described a period that had unfolded during her 29 years at Intel Corp., when—seemingly overnight—consumer appetite for tablets had begun to upend Intel’s enduring PC chips business.

CFO 52
article thumbnail

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.

article thumbnail

UBA – World’s Best Frontier Markets Bank 2024

Global Finance

Oliver Alawuba, Group Managing Director and CEO, UBA Bank Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Frontier Market Bank, the 2024 World’s Best Frontier Market Bank is UBA. “United Bank for Africa continued to deliver on its dedication to serving domestic and international businesses while providing financial inclusivity during 2023’s slowing economic growth.

article thumbnail

How does a CFO Help in a Business Valuation?

CFO Selections

A business valuation is a critical component of securing a company’s future. Whether it’s done as part of a business sale, merger agreement, litigation proceedings, investment negotiation, succession planning, estate planning, or in compliance with financial regulations, a company valuation gives all included parties reliable information about a business’s financial worth and risk level to aid in strategic decision-making.

article thumbnail

QNB – World’s Best Emerging Markets Bank 2024

Global Finance

Abdulla Mubarak al-Khalifa, Group Chief Executive Officer, QNB Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Emerging Markets Bank, the 2024 World’s Best Emerging Markets Bank is QNB. “QNB’s twin strategies of focusing on its core wholesale banking business and constantly improving its approach to risk management has led to significant growth in its domestic market and the Middle Easter

article thumbnail

Finance Minister to present Budget today, CFOs call for strong compliance reforms, capital gains tax relief, and capex push

CFO News

In the first full budget of the third term of the Narendra Modi government, the Prime Minister asserted that this budget will lay the foundation of 'Viksit Bharat'.

article thumbnail

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.

article thumbnail

Standard Chartered – World’s Best Consumer Bank 2024

Global Finance

Judy Hsu, CEO, Wealth and Retail Banking, Standard Chartered Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Consumer Bank, the 2024 World’s Best Consumer Bank is Standard Chartered. “Standard Chartered’s investments in digital channels and improved client experience have paid off for the bank and the consumer via dramatic increases in net profits and in broader product portfolio.

Banking 52
article thumbnail

Economic Survey 2024: Indian economy poised for 6.5-7% growth in FY25, addresses employment, inflation, and inequality challenges

CFO News

Economic Survey 2024 forecasts a robust 6.5-7 per cent growth in FY25, highlighting strong post-Covid recovery and stable economic footing despite global challenges.

article thumbnail

BBVA – World’s Best Corporate Bank 2024

Global Finance

Javier Rodríguez Soler, Global Head of Sustainability and Corporate & Investment Banking (CIB), BBVA Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Corporate Bank, the 2024 World’s Best Corporate Bank is BBVA. “With a 50% growth rate for its international corporate banking business, BBVA’s focus on digitalization, innovation, and sustainability has delivered significant returns for

Banking 52
article thumbnail

FM maintains India's FY25 capex outlay at Rs 11.11 lakh crore

CFO News

India's Capital Expenditure: The government plans to allocate 3.4 percent of the Union Budget to capex, an increase from 3.2 percent the previous year.

article thumbnail

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

article thumbnail

Transcript: Gregory Peters, Co-CIO of PGIM Fixed Income

Barry Ritholtz

The transcript from this week’s, MiB: Gregory Peters, Co-CIO of PGIM Fixed Income , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:02 [Speaker Changed] Bloomberg Audio Studios, podcasts, radio News. 00:00:09 [Speaker Changed] This is Masters in business with Barry Ritholtz on Bloomberg Radio. 00:00:16 [Barry Rithol

article thumbnail

Union Budget 2024: FM Nirmala Sitharaman's Budget Highlights that Matter for India Inc

CFO News

Here are the major developments from Union Budget 2024 that matter the most for India Inc and the CFO community. Finance Minister Nirmala Sitharaman presents her seventh union budget.

article thumbnail

CEA on Economic Survey 2024: Reforms at state, district levels need of the hour

CFO News

India's growth remains resilient despite global uncertainties. Economic Survey 2024 highlights key areas for focus such as private capital, green growth, MSME support, agriculture potential, education focus, and state machinery revitalization.

article thumbnail

India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

CFO News

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V Anantha Nageswaran said in a press conference after the tabling of the Economic Survey in the Parliament on Monday.

article thumbnail

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.