Mon.Nov 20, 2023

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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 267
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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
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Trending Sources

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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 292
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Optimizing Your Advisory Firm Website’s Process Page For Prospect Conversion

Nerd's Eye View

As marketing and prospecting processes become increasingly digital for financial advisors, many prospective clients learn about advisors and what they offer not from an introductory call, webinar, or speaking event but from the advisor's website itself. Talking about money is often highly personal and can leave individuals feeling vulnerable, so choosing who to serve in such a high-trust role as a financial advisor can have immense stakes.

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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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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.

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More Trending

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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.

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Jubilant Foodworks CFO Ashish Goenka resigns

CFO News

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

CFO 103
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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.

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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.

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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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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.

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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
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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
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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
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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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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.

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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.

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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.

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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.

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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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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.

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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.

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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.

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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
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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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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.

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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.

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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
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Delhi HC summons SpiceJet MD Ajay Singh again, seeks clarity on Maran arbitration payment plan

CFO News

On July 31, the HC had upheld the arbitral award that had asked SpiceJet and Singh to pay Rs 579 crore with interest to Maran in a seven-year-old share transfer dispute. The appeal against this is pending before a division bench of the HC.

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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.