Tue.May 28, 2024

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15 best business budgeting software tools [2024]

Cube Software

What is business budgeting? Business budgeting is a company’s future financial plan for a set period of time, usually a fiscal year. It measures estimations of revenue and expenses, liability payments, and risk against organizational goals and allocates resources accordingly.

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SEC aims to clarify intent of cybersecurity rules after initial filings

CFO Dive

The rules require notification of “material” breaches, but some early filers have reported incidents that appear to fall short of the regulatory threshold.

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BMO’s 30-hour innovation sprint, Destination Digital, returns 

Bank of the West

In August 2022, more than 300 disruptors, visionaries and innovative thinkers gathered for BMO’s first ever internal innovation sprint, Destination Digital. Over the course of 30 hours, cross functional teams… Read more The post BMO’s 30-hour innovation sprint, Destination Digital, returns appeared first on About BMO.

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‘Higher-for-longer’ rates saddle companies with $381B in added costs

CFO Dive

"The new higher-interest-rate environment might trigger a decaffeinated repeat of the 2008 financial crisis,” according to a partner at Baringa.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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#FASuccess Ep 387: Merging A Fast-Growth Firm Into A Much Larger One To Get The Operations Monkeys Off Your Back, With Jenny Martella

Nerd's Eye View

Welcome everyone! Welcome to the 387th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jenny Martella. Jenny is a Principal and Wealth Manager at Modera Wealth Management, an RIA based in Westwood, New Jersey, that oversees $12.5 billion in assets under management for approximately 4,700 client households. What's unique about Jenny, though, is how she and her previous business partner were so successful in the early years of growing their advisory firm, that the

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1,004: Beyond the Casino Floor: A CFO’s Ascent | Efraín Pérez Agosto, CFO, MGM National Harbor

CFO Thought Leader

Efraín Pérez Agosto began his career on the lively casino floors of Puerto Rico, where his fascination with the gaming industry was first sparked. Starting with a succession of jobs, he quickly showcased his analytical prowess and passion for numbers. In search of broader horizons, Agosto relocated to the U.S. when his casino owner set down roots in Indiana.

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Jacobs-led QXO taps Barclays alum as first finance chief

CFO Dive

M&A “heavy hitter” Ihsan Essaid will take the top financial seat as QXO looks to become a market leader in the building product distribution space.

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Adani's fintech play: Gautam Adani likely in talks with Vijay Shekhar Sharma to acquire stake in Paytm's parent co

CFO News

Gautam Adani, chairman of the Adani Group, is reportedly looking into acquiring a stake in One97 Communications, the parent company of Paytm, according to sources cited by The Times of India. Paytm's founder and CEO, Vijay Shekhar Sharma, met with Adani in Ahmedabad to discuss the details of the potential deal.

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Nvidia sees 262% revenue spike as AI demand persists

CFO Dive

“The next industrial revolution has begun,” Nvidia CEO Jensen Huang said during an earnings call last week.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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Bharti AXA-SBI Life sale talks collapse, PEs may throw in hat

CFO News

The Indian government is monitoring imports of laptops, tablets, and servers, focusing on 27 companies under the Production linked incentive (PLI) scheme 2.0 for IT hardware. The government is preparing to replace the current import management system with an import authorisation mechanism to make the country a global manufacturing hub.

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#FA Success Ep 387: Merging A Fast-Growth Firm Into A Much Larger One To Get The Operations Monkeys Off Your Back, With Jenny Martella

Nerd's Eye View

Welcome everyone! Welcome to the 387th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jenny Martella. Jenny is a Principal and Wealth Manager at Modera Wealth Management, an RIA based in Westwood, New Jersey, that oversees $12.5 billion in assets under management for approximately 4,700 client households. What's unique about Jenny, though, is how she and her previous business partner were so successful in the early years of growing their advisory firm, that the

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Lava appoints Rajesh Sethi as Group CFO

CFO News

In this new role, Sethi will be responsible for leading Lava's financial operations, enhancing financial systems and processes, and steering the company's fiscal strategies to support its growth plans.

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The Mentoring Round | Robert Cornella, CFO, RNDC

CFO Thought Leader

Inside The Mentoring Round, CFO Robert Cornella emphasized the importance of understanding the needs and expectations of different stakeholders within the first 60 to 90 days of a new CFO role. CFO Cornella stresses the significance of not presupposing stakeholder expectations and investing time in understanding their values and ambitions. As a book recommendation, Cornella the submits “Measuring and Managing the Value of Companies,” which he found invaluable during his time in Coca-

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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FAME 3 likely to be rolled out soon with Rs 10,000 crore outlay

CFO News

The third edition of the Modi government's FAME scheme, worth Rs 10,000 crore, will focus on electric two-wheelers, three-wheelers, and government buses. The inclusion of electric cars for institutional buyers like taxi aggregators is undecided.

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Tata Sons shares are not transferable, says Trusts

CFO News

SP Group, promoted by the Mistry family, has pledged its entire 18.5% in Tata Sons held through two entities to secure monies from private credit funds such as Ares and Farallon. Additionally, it needs to raise funds for a separate repayment due in three months and refinance existing high-cost borrowings.

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Transition of Input tax Credit: Need for GST Council to take judicious view & enhance ease of doing business

CFO News

The core of the dispute lies in the procedural aspects followed by taxpayers. It is evident that this situation could have been avoided if the CBIC had issued specific instructions and guidelines earlier, or if the GST portal had been designed to prevent such initial challenges.

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ITC hotel demerger plan gets competition watchdog's approval

CFO News

The Competition Commission of India (CCI) has approved the demerger of ITC Ltd's hotel business into a separate entity, ITC Hotels Ltd. The new entity will be listed on stock exchanges after the demerger. ITC will continue to hold a 40% stake, while the remaining 60% will be held by the conglomerate's shareholders. The proposed internal restructuring exercise will not alter market dynamics.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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Indian IT sees deal tenures shrinking in rich neighbourhoods

CFO News

At least two companies – HCLTech and Birlasoft – have gone on record to say that from the usual 10-12 year deals earlier, long-term arrangements are now ending in four years. Earlier, the tenures ranged between 10-12 years.

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How Jocata is helping financial services industry move from legacy systems to AI-powered solutions

CFO News

Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.

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IMF raises China 2024 growth forecast to 5%

CFO News

"China's economic growth is projected to remain resilient at five percent in 2024 and slow to 4.