Mon.Dec 18, 2023

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Human Connection Is Still CFOs’ Greatest Asset

CFO Dive

Finance chiefs must find the “delicate balance between leveraging the power of digitization and fostering personal connections,” Bob Purcell writes.

Leverage 277
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One out of four Indian employees may switch jobs within the next year, reveals BCG survey

CFO News

Boston Consulting Group (BCG), a global management consulting firm, surveyed 11,000 employees across eight countries, including India. The survey reveals that 26 per cent of Indian employees may leave their current jobs within the next year, emphasizing the critical role of emotional factors in retention.

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Trending Sources

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US regulators flag commercial real estate as a leading risk in 2024

CFO Dive

“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

Marketing 298
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2023 Highlights – The Top 22 Nerd’s Eye View Blog Posts You Might Have Missed

Nerd's Eye View

As 2023 comes to a close, I am once again so thankful to all of you, the ever-growing number of readers who continue to regularly visit this Nerd's Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). We recognize (and appreciate!) that this blog – its articles and podcasts – is a regular habit for tens of thousands of advisors, but that not everyone has the time or opportunity to read every blog post or listen to every podcast that is

Numbers 97
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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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How CFOs help reduce cyber risk

CFO Dive

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

CFO 261

More Trending

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Hewlett-Packard Enterprise taps HP Inc. CFO for finance chief

CFO Dive

Company veteran Marie Myers will take HPE’s financial reins as it looks to boost slumping IT spending heading into the new year.

Finance 157
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2023: The Big Picture

Barry Ritholtz

Love this giant chart! You can order one at Investments Illustrated The post 2023: The Big Picture appeared first on The Big Picture.

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Govt reconstitutes National Startup Advisory Council

CFO News

The DPIIT had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

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961: Finding Healthier Alternatives and Profits | Greg Robbins, CFO, Odyssey Wellness

CFO Thought Leader

Greg Robbins began his career inside the realm of Big Six accounting houses, an experience that he tells us laid the foundation for a career in financial operations and strategy. However, he credits much of his leadership style to his time at Red Bull, where he learned that real development comes from hands-on experiences, insightful feedback, and formal training, a philosophy that he has carried forward throughout his career.

CFO 52
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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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A CFO's guide to safeguarding data

Future CFO

Finance leaders, including organisations' chief financial officers, are now required to have a firm grasp of technology, even if in essence, it is not part of the traditional job description. The reason for this is that the role is evolving, and as technological advancements and digital transformation take up the center stage of the business landscape, CFOs must keep up.

CFO 52
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Harnessing data through DPI could help Indian business access finance

CFO News

While speaking on the issue of enabling innovative finance for MSMEs, Amar Patnaik highlighted the role of SIDBI, and indicated that a similar recommendation has been made by the Standing Committee on Finance. Patnaik also highlighted the need for supporting women self-help groups by way of capitalisation, market linkages and training.

Finance 52
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2024 predictions for finance: From virtual payments to CSR (part 2)

Future CFO

In addition to three 2024 predictions for finance from SAP Concur executives , today we have two more from the company in the area of how cost-cutting measures will affect business travel as well as how corporate social responsibility (CSR), new distribution capability, and AI might change business travel. Cost-cutting measures will create business travel tension One of the major 2024 predictions for finance is how cost-cutting measures would creation friction between employees and employers.

Finance 52
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UK’s carbon tax may impact USD 775 mn worth of Indian goods

CFO News

For the EU, the tax range is 20-35%. Both the UK and the EU have implemented emissions trading systems (ETS) to cap and reduce greenhouse gas emissions. These systems work by setting a limit on the total amount of carbon dioxide emissions allowed and then issuing permits to emitters. Companies must purchase permits for each ton of carbon dioxide they emit, and the price of these permits is determined by supply and demand.

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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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New Employment Laws – Illinois 2024

CFO Simplified

It seems that Illinois is constantly making changes to the way that business owners must work with their employees. The state has become very “employee friendly” and it seems that they annually pass new laws and regulations that business owners need to consider in their ongoing policies. If you don’t implement these changes, there are often fines and penalties coming your way.

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Over 4000 MSMEs in current fiscal get financial incentives under International Cooperation Scheme

CFO News

At the district-level, government has taken measures to promote exports under the District Export Hub Initiative that includes identification of products and services with export potential in all the districts of the country, in consultation with all stakeholders including the States/UTs.

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Don't wait to automate: your guide to selecting finance automation software

Cube Software

Finance automation: a need, not a want Today, companies are dealing with more transactions, complex financial operations, and the need for timely financial insights. Automation tools address these challenges by streamlining repetitive tasks like manual data entry, invoicing, and reporting, which significantly reduces manual tasks and errors.

Finance 52
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India shines as a global growth leader, contributing over 16% to the world's growth: IMF

CFO News

Economic reforms in digitization and infrastructure propel India's robust growth, making it one of the fastest-growing major economies. While facing global challenges, the nation's focus on infrastructure investment and logistical development lays a strong foundation, says International Monetary Fund. The IMF emphasizes the need for comprehensive reforms, including labor utilization.

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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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ERP system software: How to make the most of your evaluation

Cube Software

What is ERP system software? ERP (Enterprise Resource Planning) systems are integrated software platforms designed to centralize and streamline business operations. They serve as the backbone of an organization's data processing and decision-making infrastructure.

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Weak currency to aid exports; US rate hikes, geo-political tension exerting pressure on rupee: Finmin

CFO News

In a written reply in the Lok Sabha, minister of state for finance Pankaj Chaudhary also said spill-overs from geo-political tensions, aggressive monetary policy tightening across the world and recent surge in crude oil prices are some of the factors exerting pressure on the rupee against the dollar.

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Top 10 Datarails alternatives to level up your finance function

Cube Software

Understanding Datarails: its strengths and limitations Datarails is an FP&A platform tailored for Excel users, primarily designed to automate data consolidation, reporting, and planning. It allows finance teams to continue using their familiar Excel spreadsheets and financial models, focusing on delivering insights critical for business growth.

Finance 52
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TDSAT directs DoT to adjust excess Rs 755.52 cr collected from Voda Idea towards statutory dues

CFO News

“…we hereby direct the respondent (read: Government of India) to adjust Rs 755.52 crore towards liability of this petitioner (read: Vi) for licence fee and towards spectrum usage charges (SUC) within 15 days from today,” the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) said in an order, dated December 15, 2023.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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An in-depth look at IBM TM1: features, benefits, and drawbacks

Cube Software

At a glance: IBM TM1 IBM TM1, which stands for Table Manager 1, is a software tool designed for FP&A, part of the broader IBM Planning Analytics suite.

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Centre cuts windfall tax on petroleum crude, diesel

CFO News

​​India imposed a windfall tax on crude oil producers in July 2022 and extended the levy on exports of gasoline, diesel and aviation fuel as private refiners wanted to sell fuel overseas to ​make gains from robust refining margins instead of selling locally.

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Banks want norm barring penal interest rate deferred by three months

CFO News

Lenders argued in a representation to the RBI earlier this month that penal interest rates lead to better credit discipline. They also said they needed time to reconfigure their internal systems. "We need more time to reconfigure our internal systems to adhere to guidelines, and accordingly, a representation was made to the regulator earlier this month," an executive of a leading public sector bank said on condition of anonymity.

Banking 52
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Is the funding winter finally ending? Startup salaries cool as tech talent war settles

CFO News

Approximately 46% of the participating startup founders noted a decrease in employee turnover over the last year, signaling an improvement in retention rates. Moreover, 50% of the founders observed that hiring for tech roles has become more straightforward, attributing this trend to the moderation of tech salaries.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.