Fri.Jun 28, 2024

article thumbnail

How SAP Cloud Integrations Drive Smarter Decisions

Navigator SAP

The BTP Integration Suite comes with pre-built integrations managed and updated by SAP for commonly needed cloud applications.

SAP 130
article thumbnail

Commercial property vacancy rate to peak in 2026 at 24%: Moody’s

CFO Dive

“The preference of many employees to work from home cannot be overlooked,” Moody’s economists said.

161
161
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

MiB: Eva Shang, CEO, Legalist

Barry Ritholtz

This week, we speak with Eva Shang , co-founder, general partner, and chief executive officer of Legalist , an institutional alternative asset management firm. She leads the company’s 35-person team of engineers, attorneys, and analysts, and is a member of the firm’s valuation and investment committees. Before co-founding Legalist at 20, Eva studied economics at Harvard College.

article thumbnail

Sebi for mandatory disclosure of risk-adjusted return by MFs

CFO News

" it is felt that the risk adjusted return (RAR) of a scheme portfolio represents a more holistic measure of the scheme's performance because it quantifies the amount of return generated by a mutual fund scheme for each unit of risk taken to achieve that return," Sebi said in a discussion paper.

67
article thumbnail

SaaS Evolution: The Critical Role of Embedded Finance

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

article thumbnail

The Key to Achieving Accurate 3-Year and 5-Year Forecasts

Lime Light

Financial forecasting software is making it so that the CFOs of today can accurately project out the financial realities of tomorrow (and tomorrow’s tomorrow). Taking advantage of the best financial forecasting software in today’s market is critical to establishing a strong, data-backed financial future for your organization.

More Trending

article thumbnail

Weekend Reading For Financial Planners (June 29-30)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent study found that at a time when the number of SEC-registered broker-dealers and their registered representatives is declining, the number of SEC-registered RIAs, their assets under management, and the number of clients they serve all grew in 2023, reflecting the attractiveness of the RIA model to both advisors and clients alike and the ability for firms acro

article thumbnail

India's GDP growth to slow modestly this fiscal year and next: Reuters poll

CFO News

The forecasts are broadly unchanged from those made before the outcome of an election Prime Minister Narendra Modi was widely expected to win easily. Instead, the BJP lost its sizeable parliamentary majority for its historic third term.

article thumbnail

Hyundai Motor, labour union agree to hire 1,100 new plant workers by 2026

CFO News

Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026.

article thumbnail

Man arrested in Rs 10,000 cr GST fraud case after nine months on the run

CFO News

A 31-year-old man, Babar Khan, evading police for nine months, was arrested in connection with a Rs 10,000-crore GST fraud across India. Khan allegedly set up fake firms using stolen or forged ID cards to fraudulently claim input tax credit. Noida police initially busted the gang last year, which operated by registering thousands of companies under false identities to generate e-way bills and claim government benefits.

40
article thumbnail

How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

article thumbnail

High taxes, selective bans drive 30% growth in illegal online gambling in India, says study

CFO News

The illegal betting market, already thriving in India, is expected to grow by 30% in the coming years, as per a new study. Inadequate legal frameworks, selective banning, and high taxation on legitimate online gaming platforms seem to be key factors contributing to this trend.

article thumbnail

Financial sector strong but RBI watchful of emerging risks, says RBI Governor Das

CFO News

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

article thumbnail

76% of companies improved their cyber defenses to qualify for cyber insurance, Sophos Survey finds

CFO News

Sophos' report on Cyber Insurance and Cyber Defenses underscores the importance of comprehensive defense strategies beyond insurance coverage, with global insights and sector-specific data to guide effective risk mitigation.

40
article thumbnail

Banks told to stay vigilant amid intel on cyberattack threat

CFO News

Apart from continuously checking network activities and server logs to detect malicious intrusions, banks will have to monitor critical payment systems such as SWIFT (the messaging system to confirm cross-border fund transfers), card network (which facilitates card payments), the online local fund transfer frameworks RTGS, NEFT and UPI, the real-time payment system.

Banking 40
article thumbnail

Master Your Expenses: The Ultimate Corporate Card Checklist

Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.

article thumbnail

ITC packs a punch, beats Britannia in foods business

CFO News

ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports.

Sales 40
article thumbnail

HSBC taps metaverse to win business from India’s rich diaspora

CFO News

HSBC expands offerings for India's affluent diaspora through a virtual bank in GIFT City, leveraging the metaverse. The bank aims to capture a share of the $112.5 billion remittances to India from non-residents. With the hiring of a UBS executive, HSBC eyes the potential $5.5 trillion wealth management industry in India by 2025.

article thumbnail

India set for more global attention as bond inclusion begins

CFO News

India's government bonds enter JPMorgan's index, attracting billions in inflows, driven by positive economic indicators, high yields, and market performance, positioning India as a top choice for global investors.

article thumbnail

Stanley Lifestyles to double business in next four years; expand in major metros: CMD

CFO News

Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.

40
article thumbnail

New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

article thumbnail

Sebi plans to cut red tape for global funds buying its bonds

CFO News

Sebi is keen to eliminate many of its information requirements — such as disclosure of investor group and beneficial ownership — as these serve to regulate equity and corporate debt investors. Information required by the RBI and revenue departments would remain unchanged.

article thumbnail

Financial sector strong but RBI watchful of emerging risks, says RBI Governor Das

CFO News

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

article thumbnail

Adani Defence & Aerospace signs pact with Thales to manufacture 70mm rockets in India

CFO News

The pact aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers.

article thumbnail

Anand Mahindra dismisses AI as the “death” of IT services: “I believe that the rumours…”

CFO News

Tech Mahindra's strategic vision, driven by AI integration and efficient execution under new leadership, positions the company for industry leadership and growth in the evolving digital landscape.

article thumbnail

Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

article thumbnail

Section 80C deduction in Budget 2024: Will the government increase Section 80C limit under the old income tax regime in Budget?

CFO News

Section 80C deduction in Budget 2024: The 80C limit has not increased in line with many people's income and costs. Because of this gap, many taxpayers use the entire 80C limit. This is why many want this limit to be increased.

article thumbnail

Fiscal discipline key to India's growth prospects: Sanjay Nayar

CFO News

So, we will have to also think about how we channel the energies towards more advanced and more modern techniques and technology, because that is what we need right now.

article thumbnail

Fiscal deficit hits 3% of full FY25 target in April-May at Rs 50,615 crore

CFO News

India's fiscal deficit between April-May stood at around 3 per cent of the overall target for FY25, at Rs 50,615 crore, government data showed on Friday.

40
article thumbnail

Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO

CFO News

LUFTHANSA-DELIVERIES/Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO

40
article thumbnail

Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.