Tue.May 28, 2024

article thumbnail

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.

article thumbnail

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.

248
248
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

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.

64
article thumbnail

‘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.

247
247
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

#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

More Trending

article thumbnail

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.

CFO 52
article thumbnail

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.

Finance 167
article thumbnail

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.

article thumbnail

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.

170
170
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

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.

Sales 52
article thumbnail

#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

article thumbnail

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.

CFO 52
article thumbnail

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-

CFO 52
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

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.

52
article thumbnail

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.

article thumbnail

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.

40
article thumbnail

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.

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

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.

40
article thumbnail

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.

Finance 40
article thumbnail

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.