Mon.Nov 13, 2023

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4 ways streamlining T&E can speed up the month-end financial close process

CFO Dive

To speed up expense reconciliation — and, in turn, the financial close — companies need to ditch manual processes and embrace solutions that make managing travel and expenses faster and easier.

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Optimizing Virtual Client Meetings To Make Them More ‘Real’ And Less Exhausting

Nerd's Eye View

Traditionally, financial planning meetings have been held face-to-face in an advisor's office, and over the years, a body of research has emerged showing that how the advisor's office is laid out can have a significant impact on how clients perceive the advisor, their mood during the meeting, and even their resulting financial planning decisions. However, over the last decade (and particularly since the beginning of the COVID-19 pandemic), many advisors have increasingly been holding virtual cli

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Trending Sources

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FASB targets new cash flow statement rules for banks

CFO Dive

The latest new accounting requirements under development will, at least initially, only apply to financial institutions.

Banking 306
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HUL to help kiranas compete with bigger players via ONDC

CFO News

The move is an extension of its internal ordering app Shikhar, which allows small neighbourhood stores to order directly from it. For HUL, the country's biggest packaged consumer goods firm, the app now accounts for about a third of its sales from neighbourhood retailers. Last year, HUL became the first fast-moving consumer goods (FMCG) firm to join ONDC through its multi-brand direct-to-consumer platform, UShop.

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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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How CFOs help reduce cyber risk

CFO Dive

As a CFO, it is essential to wear several hats, including that of managing risk effectively.

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More Trending

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Fed whipsawed on key signals for inflation expectations

CFO Dive

With just a month before their next meeting, Fed officials are tracking expectations for inflation as a sign of whether businesses will raise prices and workers will demand higher pay.

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Finance lags other functions in AI implementation

Future CFO

Most finance functions are behind other functions in AI implementation. According to a survey of 130 finance leaders and 91 associates in administrative support functions by Gartner in June this year, 61% of respondents either have no plans for AI implementation or are still in the initial planning phase. Survey highlights Only 9% of finance organisations are in the scaling and using phases, compared to 20% of other administrative support functions, such as HR, legal, real estate, IT, and procur

Finance 59
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Razorpay’s ‘reverse flip’ to India may entail $300 million tax payment in US

CFO News

Razorpay will seek clearance from the National Company Law Tribunal (NCLT) in the next two months to merge its American holding company with its India unit. It would then also officially appoint an auditor for the valuation discussions.

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FCF @Health Tech Forward 2023 in Warsaw on November 28. – 29.

Fox Corporate Finance

FCF is excited to announce the participation of Johannes Link, Associate, and a valuable member of our Life Sciences team, at the Health Tech Challengers event during the Health Tech Forward conference. This event takes. Read more The post FCF @Health Tech Forward 2023 in Warsaw on November 28. – 29. appeared first on FCF Fox Corporate Finance GmbH.

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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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Diwali sees record trade of Rs 3.75 lakh crore: CAIT

CFO News

Retail markets across India saw a record trade of Rs 3.75 lakh crore during this festive season so far. CAIT Secretary General Praveen Khandelwal said Chinese goods lost a trade worth more than Rs 1 lakh crore during the Diwali festive season.

Retail 59
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Spotting causes of marketing planning problems for greater financial wins

Future CFO

The marketing planning process, although tedious, can prove to serve long-term financial benefits for the organisation if done properly and excellently. As it is the process to define activities that will support the company's business goals in the near- and short-term, it also helps in establishing an accurate timeline for results and revenue. Laura Cross , principal analyst at Forrester , believes that the conversation on marketing planning should be rooted in the organisation's marketing stra

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India, ADB sign $400-million loan pact for urban reforms

CFO News

The latest programme supports the Indian government’s urban sector strategy, with a focus on urban reforms that are aimed at making cities not just liveable but also centres of economic growth “through provisioning of inclusive, resilient and sustainable infrastructure”, according to a statement.

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Navigating Financial Disasters (video)

Barry Ritholtz

As promised, the full video of the Navigating Financial Disasters presentation from last month. In it, I tell the story of the Belfers, a successful American family of immigrants, and some of the woes that befell them. (Don’t worry, they are fine). You can find the full slide deck here. The post Navigating Financial Disasters (video) appeared first on The Big Picture.

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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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India's retail inflation eases to 4.87% in October from 5.02 in September

CFO News

Retail inflation in India eased to 4.87 per cent in October on an annual basis, data released by the Ministry of Statistics & Programme Implementation showed on Monday.

Retail 59
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Unlocking Growth: Adding $87K in Monthly Revenue to Your Agency Without Client Sales

Adam Kae

The $87K Monthly Revenue Boost Strategy: A gency growth without client sales In the dynamic world of agency growth, finding innovative strategies to boost revenue without the constant grind of acquiring new clients can be a game-changer. One often overlooked avenue is the acquisition of another agency. In this blog post, we'll explore a powerful approach to elevate your agency's revenue by $87K monthly without the need to sell more to existing clients or engage in the pursuit of new ones. 1.

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Alarm Bells! 2024 polls set to disrupt India’s $3.7-trillion stock market calm, says Morgan Stanley

CFO News

Indian stocks have risen about 7 per cent this year, outpacing their peers in Asia and emerging markets, as growth in earnings and the economy lured local and global investors. India VIX, a gauge of expected stock-price swings, has slumped 25 per cent so far this year to near its historical low.

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The Mentoring Round | Michelle Hook, CFO, Portillo’s

CFO Thought Leader

CFO Michelle Hook’s opening advice leaves a lasting impression: “bring your full self to work.” Our conversation takes an interesting turn towards the importance of team dynamics. CFO Hook shares her belief that a strong, cohesive team is the backbone of any successful venture. Meanwhile, Hook reveals to us her love for sports, particularly Michigan State, her passion for movies, golf, and spending quality time with family.

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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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Govt looks to offload 5-10% in some public sector banks

CFO News

The government is keen to take advantage of the sharp rally in share prices of public sector banks (PSBs) that are riding on much-improved financial performance and fundamentals. The stake sale can be conducted through the offer-for-sale route for lenders that are not inclined toward a rights issue, said people aware of the deliberations.

Banking 59
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A Modern Nonprofit Podcast: Making a Substantial Impact

The Charity CFO

On today’s episode of the Modern Nonprofit Podcast, we are joined by Sheryl Cababa, Chief Strategy Officer at Substantial. The approach for today’s conversation will be slightly different than most interviews. Sheryl spends her time in a concept of systems and design thinking. Don’t worry we’ll discover more of what that means throughout the conversation with her today.

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BPCL plans to ramp up fuel retail network by two-thirds

CFO News

Bharat Petroleum Corporation Limited (BPCL) is set to embark on an extensive expansion of its fuel retail network, aiming to add 14,273 new pumps. This substantial increase, representing nearly two-thirds growth, is part of BPCL's strategic efforts to bolster its presence in the rapidly expanding domestic fuel market.

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Mitigating risks with scenario planning software: a guide for finance leaders

Cube Software

The shift in scenario planning Scenario planning in finance has evolved from a traditional static forecast to a dynamic, strategic tool.

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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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Indians dethrone British to become largest real estate investors in Dubai

CFO News

The Betterhomes Residential Market Report showed Indians topping the nationalities list in the June and September quarters - up from No. 2 in the first quarter when Britishers led the field - in the purchase of new homes for end-user demand or investors seeking better yields and Golden Visa eligibility. Indians have consistently been among the top five homebuyers in Dubai.

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How to boost your bottom line with profitability analysis software

Cube Software

The new wave of profitability analysis Profitability analysis has come a long way, transforming from basic number-crunching to a key strategic asset. It's not just about tracking profits anymore; it's about understanding them and making them grow. This shift means using real-time financial and operational data to get a clear picture of where your money is made and lost.

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Small finance banks thinking big likely to switch on the M&A mode

CFO News

AU Small Finance Bank's move to acquire Fincare Small Finance Bank may encourage others to explore inorganic opportunities, industry captains believe, as bigger balance sheets would put them on a stronger platform to take on their bulge-bracket rivals, especially when it comes to mobilising public deposits.

Finance 59
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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Whatever happened to NFTs? When Homer Simpson comes up with a get-rich-quick scheme it usually ends badly. In the latest episode of The Simpsons the hapless dad turns his son Bart, and then himself, into NFTs to make millions. It all goes wrong when Homer finds out from a floating pizza cat that “the NFT craze is over” The episode has been widely applauded by NFT fans and sceptics alike for successfully poking fun at a side of the crypto wor

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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.