Tue.Jun 18, 2024

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Tech layoffs impact nearly 100,000 workers so far in 2024

CFO Dive

Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.

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What is Everywhere Commerce?

Navigator SAP

Commerce Everywhere refers to a business strategy that allows customers to make purchases seamlessly across any channel. This means they can buy from a physical store, a website, a mobile app, or even through emerging technologies like social media or voice assistants.

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Trending Sources

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Slim gain in retail sales highlights challenges for consumers

CFO Dive

“Inflation and higher interest rates are straining low- and moderate-income households,” St. Louis Fed President Alberto Musalem said Tuesday.

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Advanced Bookkeeping Techniques for Growing Businesses

CFO Share

As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. At this stage, it’s crucial to ensure that your bookkeeping processes are not just keeping up, but actively supporting your business’s scalability (simultaneously avoiding stress and headaches for you.) Whether you’re working with a bookkeeper or virtual bookkeeping services , adopting advanced techniques can significantly improve your financial management.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Startup focused on AI-driven cyber threats raises $18M

CFO Dive

The announcement comes as artificial intelligence adoption explodes and enterprises grapple with related risks.

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More Trending

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Saab deputy finance chief moves to CFO chair

CFO Dive

The CFO swap comes as the defense material provider is looking to continue a two-year hot streak, targeting organic sales growth between 15%-20% for 2024.

CFO 275
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BMO survey: US summer spending heats up following record-breaking Memorial Day travel

Bank of the West

A special report from the BMO Real Financial Progress Index finds Americans plan to increase their summer spending across numerous categories, particularly on vacations and travel, with a quarter of… Read more The post BMO survey: US summer spending heats up following record-breaking Memorial Day travel appeared first on About BMO.

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Transcript: Erika Ayers Badan, Barstool Sports

Barry Ritholtz

The transcript from this week’s, MiB: Erika Ayers Badan, CEO of Barstool Sports , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Bloomberg Audio Studios, podcasts, radio News.

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1,010: When SaaS Became His Native Language | Michael O’Grady, CFO, Permutive

CFO Thought Leader

Michael O’Grady’s finance strategic moment occurred in 2014 at higher-ed tech company Ellucian. Faced with transitioning from a traditional perpetual license model to a SaaS one, he identified the need for a unified approach across all business functions. Recognizing that the company’s executives had differing visions, he proposed skipping the annual budget process to focus on a 5-year integrated plan.

CFO 52
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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!

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How behavioural science drives success in finance transformation

Future CFO

The finance function has long been evolving hence the continuous need to sustain this comes at hand. As finance leaders, it is important to understand every single thing that can be of help for the organisation to maximise benefits of any new technological advancement or initiative, and thereby attain success in all endeavours. According to Gartner, Inc. , with approximately 70% of finance transformation initiatives producing less impact than anticipated, finance leaders are often left wondering

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Office Manager

Fox Corporate Finance

FCF ist eine spezialisierte Investmentbank und Finanzierungs­spezialist börsennotierte und private Unternehmen des Mittelstands im deutsch­sprachigen Raum. FCF strukturiert, arrangiert und platziert Eigen- und Fremdkapital­finanzierungen und unterstützt seine Mandanten bei der Realisierung von Venture-, Wachstums-, Pre-IPO/IPO-, Read more The post Office Manager appeared first on FCF Fox Corporate Finance GmbH.

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#FASuccess Ep 390: Helping Prospects Find Their Way To You Online With (Local) SEO, With Brent Carnduff

Nerd's Eye View

Welcome back to the 390th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brent Carnduff. Brent is the founder of Advisor Rankings, a marketing firm based in Boise, Idaho that specializes in search engine optimization for financial advisors. What's unique about Brent, though, is how his firm helps advisors maximize both the advisor's organic SEO to attract prospects with specific planning needs through effective content creation , and their local SEO to rise to

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TeamLease Services to hire 50,000 people, focus on tier 3 and 4 cities; CFO uncertain on IT services recovery timeline

CFO News

The staffing firm has set ambitious targets for this financial year (FY25), aiming for significant growth in both top-line revenue and net job additions. In an exclusive interview with ETCFO, TeamLease CFO shared insights into the company's strategic plans, anticipated market trends, and the impact of upcoming labour reforms.

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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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The Mentoring Round | Tony Querciagrossa, CFO, Pinstripes

CFO Thought Leader

Inside The Mentoring Round, CFO Tony Querciagrossa discusses a strategic moment of insight he experienced earlier in his career at Medline Industries, where he collaborated with a commercial leader to address recruitment and organizational challenges, leading to the creation of the commercial finance function. Looking forward, CFO Querciagrossa identifies several key priorities for the upcoming 12 months, including handling various “firsts” for the business such as the first 10-K, fi

CFO 40
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Tax parity for IFSC funds to help HNIs avoid US inheritance levy

CFO News

Wealthy Indians can use GIFT City to avoid US inheritance tax on offshore investments. IFSCA is seeking tax parity for funds in GIFT City to attract HNI investors.

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Rohit Kumar Gupta quits ZEE; Mukund Galgali appointed as acting CFO

CFO News

Zee Entertainment Enterprises announced on Tuesday that Rohit Kumar Gupta, the Chief Financial Officer, will step down citing personal reasons. Mukund Galgali, who has been with the group for over 17 years, will assume the role of acting CFO, a crucial managerial position within the company.

CFO 40
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Credit funds, family offices fill void left by banks at AIFs

CFO News

The central bank came out with a circular in December 2023, requiring mainstream banks and NBFCs to divest their investments in AIFs that have funded any company that has borrowed from the bank or NBFC. The regulator had also raised provisions for banks or NBFCs investing in AIFs that subsequently lend to their borrowing companies.

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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.

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Power Finance Corporation board okays Rs 15,000 crore loan to Shapoorji Pallonji Group companies

CFO News

The board of Power Finance Corporation (PFC), a state-owned entity, has approved a loan of Rs 15,000 crore to companies within the Shapoorji Pallonji group, according to sources familiar with the matter. This decision represents a significant development for the Mistry family, who hold 18.37% stake in Tata Sons. The loan is intended to assist in settling personal debts and fulfilling financial obligations owed by their operational firms to creditors.

Finance 40
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Banks draw attention of Govt, RBI to ATM shortage

CFO News

Banks have alerted the government and the banking regulator Reserve Bank of India about shortages in automated teller machines (ATMs). They have also advocated for clearer procurement norms through the government e-marketplace (GeM) portal. Industry insiders mentioned that the initial low capacity issue is linked to the 'Make in India' guidelines implemented in FY20.

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ET Graphics: What India Inc expects from Nirmala Sitharaman in July's full Budget

CFO News

Budget expectations: Finance Minister Nirmala Sitharaman is set to initiate consultations starting Wednesday for the upcoming full budget of the new government, scheduled for presentation in July. India Inc has proposed a series of reforms, including medium-term measures, aimed at propelling the economy towards higher growth, fostering employment generation, stimulating private investments, and ensuring macroeconomic stability.

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CCI approves Godrej family settlement proposals

CFO News

The Competition Commission of India (CCI) has approved the restructuring of the Godrej group, involving a realignment of interests, legal ownership, and management among family branches. This restructuring, based on a family settlement agreement from April 30, will affect entities including Godrej Industries, Godrej Consumer Products, Godrej Properties, and others within the GILAC and G&B Groups.

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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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First NFRA annual report on eight audit firms by November

CFO News

The National Financial Reporting Authority (NFRA) is set to conduct its first annual inspection of eight audit firms, including the Big Five, to reveal its findings by October or November. The inspection will focus on auditors' processes and standards, revealing how NFRA plans to strengthen the country's audit and accounting ecosystem to combat corporate frauds and uphold shareholders' interests in a rapidly growing economy.

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India poised for strong growth; but no room for complacency: Shaktikanta Das

CFO News

There can be positive surprises, I do not rule it out. But I think, you see we give a number when we are totally convinced about it and our approach is not to sort of gamble by giving a higher number. Our overall approach as a central bank is always very conservative in the sense that when we are absolutely sure about a particular number, we give it.

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Goldman Sachs sells 44.20 lakh shares worth Rs 183 crore in Paytm via block deal

CFO News

As per the shareholding data of One 97 Communications, Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform. Paytm shares on Tuesday settled in the red, breaking their two-sessions winning streak.

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Nvidia becomes world's most valuable company

CFO News

Nvidia surpassed Microsoft as the world's most valuable company, with a market cap of $3.326 trillion. It overtook Apple recently, driven by demand for its processors in AI technology.

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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.