Mon.Nov 20, 2023

article thumbnail

Leveraging AI to step up your CFO game in 2024

CFO Dive

While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.

Leverage 277
article thumbnail

Union Bank of India appoints Avinash Vasant Prabhu as CFO

CFO News

Prahu brings extensive financial leadership experience, having served as CFO for Deutsche Bank in India, overseeing financial reporting, business and infrastructure finance, ALM, tax, transformation, and financial planning. His background includes prior roles with Credit Agricole CIB and Arthur Andersen.

CFO 104
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

Economy sputtering toward ‘very short recession’: Conference Board

CFO Dive

The economy will likely shrink in coming months and end 2024 with just lackluster growth, the Conference Board said.

305
305
article thumbnail

Jubilant Foodworks CFO Ashish Goenka resigns

CFO News

CFO: Goenka tendered his resignation to explore career opportunities beyond the company.

CFO 103
article thumbnail

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.

article thumbnail

Testing AI in the finance function: McKinsey

CFO Dive

In coming years, generative AI will be “table stakes” for all forward-looking finance teams, according to a McKinsey AI guide for CFOs.

Finance 299

More Trending

article thumbnail

Nikola CFO steps down after six months amid wobbly EV market

CFO Dive

Anastasiya Pasterick will leave the EV maker after a half-year stint in the top financial seat to take a CFO role at aerospace firm Universal Hydrogen.

CFO 286
article thumbnail

Is the ESG Craze Really Fading?

Barry Ritholtz

Most people don’t know that it is the editors, not the writers, who craft headlines. This should be common knowledge among media consumers (but it’s not). Perhaps this is why well-written articles are often skewed or even undone by clickbait headlines. Case in point: Wall Street’s ESG Craze Is Fading As the article points out, “investors withdrew more than $14 billion from sustainable funds this year” after weak performance traced in part to higher interest rates.1 But the article also points o

article thumbnail

Chaos at OpenAI raises questions about enterprise reliance on ChatGPT

CFO Dive

With OpenAI's leaders ousted and staff in revolt, the volatility could cause enterprises to shift where they procure generative AI.

147
147
article thumbnail

Armed to the Teeth

The Reformed Broker

“Armed to the teeth.” This is the phrase that came to mind as I was watching Josh Smith walk us through the demo of VRGL last week. I thought to myself it would be impossible for a mediocre financial advisor to hold onto a client relationship if something like this were in use by a rival advisor. The ability to show a prospective client this level of transparency on taxes, fees, allocation decision-making, etc.

67
article thumbnail

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!

article thumbnail

Greenwashing: Investors don’t trust sustainability performance reports

Future CFO

Greenwashing remains a perceived issue among investors. More than nine in ten investors (94%) believe corporate reporting on sustainability performance contains some level of unsupported claims, indicating a strong undercurrent of doubt around the reliability of sustainability reporting and information that they use—often referred to as “greenwashing”, said Pw C recently.

article thumbnail

PwC India to cross ?9,000-crore revenue mark on robust growth

CFO News

Each of PwC India's lines of service comprising assurance, tax and advisory are clocking growth rates of at least 20%, with advisory leading the pack.

52
article thumbnail

Cross-border payment innovations move to next phase in Asia-Pacific

Future CFO

Cross-border payment innovations are gearing towards a new phase in the Asia-Pacific region, according to Meng Liu , a senior analyst at Forrester. Liu observed that QR code-based schemes that allow for cross-border interoperability have gained traction in the region. Regulators in Southeast Asia are also pushing the boundaries of QR code-based schemes, as evidenced by the announcement of new QR code-based corridors between Singapore and Malaysia and between Singapore and Indonesia.

B2B 52
article thumbnail

Strictures leave IPO financing at a dead end

CFO News

With stringent rules on IPO financing put in place by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), these lenders are keeping market borrowings at a bare minimum.

Finance 52
article thumbnail

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

article thumbnail

The Mentoring Round | Sara Spoja, CFO, Tipalti

CFO Thought Leader

In this edition of The Mentoring Round Tipalti CFO Sarah Spoja explains how she believes effective leaders apply influence, emphasizing the power of asking questions and presenting consistent facts. CFO Spoja believes in shining a light on changes and patterns, prompting others to delve deeper. 942: Building a Profitability Mindset | Sarah Spoja, CFO, Tipalti The post The Mentoring Round | Sara Spoja, CFO, Tipalti appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

CFO 52
article thumbnail

Commercial vehicles set for heavy-duty FY24 sales, revenue expected to rise 30%

CFO News

Sales of heavy duty trucks that can carry more freight has grown in healthy double digits - by 15% in the first seven months of the year, said Vinod Aggarwal, president of the Society of Indian Automobile Manufacturers (SIAM) and VE Commercial Vehicles (VECV) chief executive officer and managing director. VECV is a joint venture between the Volvo Group and Eicher Motors.

Sales 52
article thumbnail

A Modern Nonprofit Podcast: It’s Giving Tuesday

The Charity CFO

Every year Q4 tends to be one of the busiest times of the year. As businesses prepare for the next year, the true to-dos originate from the holiday season. Thanksgiving kicks everything off with a giving mindset. From here, consumers move towards Black Friday shopping and Cyber Monday sales, to eventually be rounded out with Giving Tuesday. The end of the year season is exceptionally time consuming, but Thanksgiving Thursday through Giving Tuesday is even busier.

article thumbnail

Plans afoot to build strategic natural gas reserve

CFO News

After oil minister Hardeep Singh Puri recently gave a green signal to the idea of setting up the gas reserve, the oil ministry directed Oil and Natural Gas Corp (ONGC), Oil India and GAIL to jointly prepare a detailed feasibility report on the same, people said. The companies are expected to submit the report in three months.

article thumbnail

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.

article thumbnail

So, You Want to Be a Fractional CFO.?

CFO Selections

A new breed of finance professionals is emerging, known as fractional CFOs." In the ever-evolving world of finance and business, the role of the Chief Financial Officer (CFO) has undergone significant changes. Gone are the days when CFOs were primarily responsible for managing a company's finances in a traditional 9-to-5 role. Today, a new breed of finance professionals is emerging, known as fractional CFOs.

CFO 52
article thumbnail

How Rs 25,000 crore of Sahara money transfer to government can affect the economy & bond market

CFO News

The government may transfer more than Rs 25,000 crore of unclaimed Sahara funds to India's Consolidated Fund. While this sum might marginally impact government borrowing and alleviate market concerns, the surge in bond supply, driven by increased government spending, continues to affect yields, influencing corporate borrowing costs and the broader economy.

article thumbnail

Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Using machine learning algorithms is crucial to make FP&A functions more responsive, insightful, and efficient. Why Should FP&A Leaders Consider to Integrate AI? FP&A leaders experience , significant advantages when they embrace AI. From improved accuracy to gaining a competitive edge.

article thumbnail

Credit card on UPI startup Kiwi raises $13 million

CFO News

Launching its product in June this year, Kiwi issues virtual RuPay credit cards to users in partnership with Axis Bank, allowing them to link the card to the Unified Payments Interface (UPI) service on its app, and to make digital payments through the infrastructure.

article thumbnail

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.

article thumbnail

Expense management software: how to control costs and boost profit margins

Cube Software

The role of expense management in financial planning Efficient expense management plays a pivotal role in maintaining and improving a company's financial health. By carefully monitoring and controlling expenses, finance professionals can ensure that funds are being used effectively, reducing waste and maximizing profitability. This is more than just keeping costs low; it's about making smart spending decisions that align with your company's strategic goals.

Finance 52
article thumbnail

Govt appoints Vinay M. Tonse as MD of SBI until Nov 30, 2025

CFO News

The Indian government has appointed Vinay M. Tonse as the Managing Director of State Bank of India until November 30, 2025. Tonse, currently serving as the deputy MD, was recommended by the Financial Services Institutions Bureau.

Banking 52
article thumbnail

Comparing Vena alternatives: a practical guide for finance leaders

Cube Software

Vena Solutions' key features and capabilities Vena is a well-regarded FP&A tool, especially favored by teams that prefer to remain within an Excel-based environment. This software brings together the best of both worlds: the familiarity of Excel and the advanced features of a robust FP&A tool. It's designed to streamline and enhance various financial processes, including budgeting, forecasting, and financial reporting.

Finance 52
article thumbnail

Tata Tech is a global business with many top R&D players on our client roster: CFO

CFO News

“Tata Tech reported 18.4% of EBITDA margin in the six months for FY24 and the improvement has been enabled certainly by growth. We have clocked a cumulative average growth of close to 35% in the three-year between FY21 and FY3 and that healthy pace has continued into the first half of this year as well.

CFO 52
article thumbnail

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.