Fri.Nov 15, 2024

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Why a Fit-to-Standard Solution Saves You Time and Money

Navigator SAP

What is a Fit-to-Standard Solution? Fit-to-standard sounds complicated, but really it is a simple idea: Instead of using custom systems and processes, make them conform to the industry standard that everyone is using. A fit-to-standard solution is one that solves the problem in a standard way. One example of a fit-to-standard solution is Apple’s address book.

Invoicing 236
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Retail sales rise in hint of cheer for holiday consumer spending

CFO Dive

Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.

Sales 304
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Trending Sources

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MiB: Colin Camerer on Neuroeconomics

Barry Ritholtz

 This week, we speak with Colin Camerer , Robert Kirby Professor of Behavioral Finance and Economics at California Institute of Technology. Prior to joining Caltech in 1994, Camerer was a faculty member at various institutions including the University of Chicago GSB and the Kellogg Graduate School of Business at Northwestern University, and held a visiting professorship at Oxford University.

Economics 126
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Disney CFO highlights booming streaming growth

CFO Dive

Subscribers for its Disney+ Core platform grew by 4.4 million in Q4 as the company cracks down on password sharing and looks to improve customer engagement.

CFO 274
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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Agility and Innovation: How Kapital Bank is Transforming Azerbaijan’s Financial Landscape

Global Finance

Being the first-ever financial institution in Azerbaijan is not enough on its own to stand out in a crowded marketplace. Kapital Bank has also become increasingly agile in response to what customers want and need. “It’s about being the first choice for our customers,” said Farid Huseynov, Chairman of the Board and Chief Executive Officer. “We earn their trust by striving for excellence in everything we do.

Banking 98

More Trending

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How to Calculate the SaaS Magic Number

The SaaS CFO

SaaS operators must understand the balance between sales and marketing spend and the acquisition of net new revenue. Enter the SaaS Magic Number. Here are my thoughts on how to use the Magic Number in 2025. Overinvest in sales and marketing relative to your new SaaS ARR bookings and will you not the see the […] The post How to Calculate the SaaS Magic Number appeared first on The SaaS CFO.

Numbers 106
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The Importance of Operational Efficiency in Private Equity Investments

E78 Partners

At E78 , we are committed to identifying innovative strategies that enhance the performance of our clients. One key area of focus is the exploration of operational efficiency, which is crucial for maximizing the potential of private equity investments. Optimizing operational processes in today’s competitive market can significantly impact profitability and long-term growth.

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Planning in Excel: Benefits, limitations, and powerful alternatives

Jedox Finance

Excel has been a cornerstone of financial planning for decades. Many businesses, ranging from small startups to companies with billions in revenue, have used Excel to effectively manage their operations. However, as companies grow in complexity, relying only on Excel limits financial planning & analysis (FP&A) professionals—especially in collaboration, data integration, and managing large data [.

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Medicare costs for 2025, once again, are rising faster than inflation

Tips Watch

Part B costs, deductibles and IRMAA surcharges will increase about 5.9% next year. By David Enna, Tipswatch.com Just a month ago, Social Security beneficiaries learned their benefits would rise by 2.5% starting in 2025, the lowest increase in four years.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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India's e-commerce battlefield gets ready for bloody wars

CFO News

While quick commerce becomes the preferred medium for immediate needs and impulse purchases, e-commerce is favoured for more planned purchases like home, beauty and personal care. But now quick commerce firms are diversifying beyond groceries, small-value items, etc. and invading the home turf of e-commerce players. Swiggy's impressive debut also indicates the incoming deluge of cash in an emerging business, quick commerce.

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The Importance of Operational Efficiency in Private Equity Investments

E78 Partners

At E78 , we are committed to identifying innovative strategies that enhance the performance of our clients. One key area of focus is the exploration of operational efficiency, which is crucial for maximizing the potential of private equity investments. Optimizing operational processes in today’s competitive market can significantly impact profitability and long-term growth.

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GST taxpayers can't claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24

CFO News

Goods and services tax (GST): Registered taxpayers won't be able to claim any pending input tax credit if they don't file their GST return by November 30, 2024 for FY 2024-25. CBIC said, "The taxpayer is allowed to claim pending ITC , upto earlier of following dates i.e. a) 30th Nov following the end of the Financial Year, or d) furnishing of annual return.

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The Importance of Operational Efficiency in Private Equity Investments

E78 Partners

At E78 , we are committed to identifying innovative strategies that enhance the performance of our clients. One key area of focus is the exploration of operational efficiency, which is crucial for maximizing the potential of private equity investments. Optimizing operational processes in today’s competitive market can significantly impact profitability and long-term growth.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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US Election Impact on the Indian Economy: Key Considerations and Potential Outcomes

CFO News

The US, being the world’s largest economy, plays a crucial role in shaping global market sentiment, with India maintaining strong economic ties in this context. The Indian government now faces the task of evaluating how the election result will impact trade negotiations, existing agreements, and opportunities for new deals.

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In Conversation with Farid Huseynov, Chief Executive Officer, Kapital Bank

Global Finance

During Sibos 2024, Kapital Bank CEO Farid Huseynov shared insights with Transaction Banking Editor Gilly Wright on the bank’s journey to becoming a leader in digital transformation and innovation. Kapital Bank’s focus on customer-centricity drives its adoption of technologies like AI and big data analytics to anticipate customer needs, personalize services, and enhance user experiences.

Banking 52
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IBC recovery on companies' fair values up, claims down

CFO News

The recovery rate for creditors of bankrupt firms in India saw an uptick in the September quarter, reaching nearly 97% of the companies' fair value. However, this still translated to a lower recovery against the total claims filed by creditors, which stood at 28.33%.

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How Trump 2.0 could revamp tax policy

CFO Dive

Businesses need to prepare for potentially “fast moving” changes to tax policy as questions swirl around President-elect Trump’s plans, EY’s Martin Fiore said.

Planning 300
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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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India's economy to grow 7.2% in 2024: Moody's

CFO News

Moody's said India's economy is growing robustly and has the potential to sustain high growth rates as strong private sector financial health reinforces a virtuous economic cycle.

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India's forex reserves fall to $675.65 billion, down $6.4 billion as of Nov 8

CFO News

India's foreign exchange reserves experienced a decrease of $6.4 billion, settling at $675.65 billion by November 8th. The decline was primarily attributed to a drop in Foreign Currency Assets, while gold reserves saw an increase. Despite this dip, India maintains its position as the fourth largest holder of foreign exchange reserves globally.

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India Inc GenAI adoption gains momentum, moves beyond experimentation: Report

CFO News

Two-thirds of Indian C-suite executives expect GenAI to improve competitiveness, accelerate innovation, enhance compliance, bolster security, and drive revenue growth within the next two years, finds a NTT Data survey.

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The gamification of India’s investment landscape: Why investor protection must come first

CFO News

India's retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to ensure long-term financial stability.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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India's GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report

CFO News

India's GDP will expand 6.5-7 per cent annually in the next three fiscal years (2025-2027), and the country's good economic growth prospects will continue to support banks' asset quality, according to a new report.

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India's spice exports projected to reach $10 billion by 2030

CFO News

The domestic spice exports market is likely to reach $10 billion by 2030, entering newer geographies, according to Ramkumar Menon, chairman of the World Spice Organisation (WSO).

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How next-generation HRMS is revolutionising workforce management in manufacturing

CFO News

In the highly competitive environment of manufacturing, real-time data is critical to the decision-making process. The modern HRMS platform comes with tools for advanced analytics that help the HR managers to monitor the workforce in real-time.

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Robust, transparent audit system helps strengthen democracy: Om Birla

CFO News

Lok Sabha Speaker Om Birla emphasized the importance of a strong and transparent audit system for a robust democracy and comprehensive national development. He highlighted that such a system ensures fiscal discipline and prudent use of public funds.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.