Mon.Jan 13, 2025

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How do banks navigate the trinity of costs, compliance, and innovation?

Global Finance

Efficiency remains at play, but compliance and innovation scores Globally, banks have been focused on reducing costs this past year. Until recently, banks in the US turned to optimizing costs as they faced a deposit flight-led liquidity crisis that resulted in shrinking net interest margins , even while non-performing assets were trickling up. Regulatory compliance has become a top priority for banks as they navigate an increasingly complex regulatory landscape related to AI, resilience, and ope

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Intuit CFO warns against isolationism, defends H-1B visas

CFO Dive

CFO Sandeep Aujla asserts that the H-1B visa program — which has recently sparked controversy — is key because it gives companies access to global talent.

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Trending Sources

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Unlocking Innovation: The Power of SAP’s Business Technology Platform

Navigator SAP

In the fast-paced world of enterprise technology, innovation is the driving force behind staying competitive. SAP's Business Technology Platform (BTP) emerges as a transformative tool , allowing businesses to innovate efficiently without disrupting their core operations. But what exactly is BTP, and why should organizations pay attention?

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Ubisoft CFO, CEO skirt questions on potential Tencent sale

CFO Dive

Leadership was guarded regarding questions of a possible buyout, rumors of which follow after shares of the Assassin’s Creed owner fell to 10-year lows last year.

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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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ExecOpinion: CFO’s guide to AI’s impact on risk management

Future CFO

Artificial intelligence promises to enhance operational efficiency, improve decision-making, and help CFOs and the finance team drive strategic value. However, for most organisations, it is still early days and much needs to be learned and discovered about AI for users and leaders to fully grasp the impact of the technology. The dual nature of AI in risk management AI is heralded as one of the most significant innovations of our time, offering both immense potential benefits and considerable ris

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Asia-Pacific companies see progress, challenges in sustainability reporting, study finds

Future CFO

Companies in the Asia-Pacific region saw both progress and challenges in sustainability reporting, according to a study by PwC Singapore and the Centre for Governance and Sustainability (CGS) at the National University of Singapore (NUS) Business School. The third edition of the study, Sustainability Counts III: Sustainability Reporting in Asia Pacific , saw that while more Asia Pacific companies have set net zero targets, only 18% underpin these ambitions with targets verified by the Science-Ba

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1062: Scaling with Purpose and Profit | Hetu Patel, CFO, Thrive Market

CFO Thought Leader

Four years into his 12-year career chapter at Amazon, Hetu Patel was appointed Finance Director for Primea role he credits with opening his eyes to strategic finance. In the days ahead Patel would be handed a milestone assignment, where he worked on a groundbreaking framework attributing the total value of Prime membership to each bundled benefit: video, music, books, and fast shipping.

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How Will You Ensure Employee Accountability across Accounting and Finance in 2025?

CFO Selections

With ethical challenges on the rise employee accountability is more important than ever before! And while employers understand that holding employees accountable for their actions at work is a key component of risk mitigation, they often struggle with how to achieve accountability in a way thats financially responsible, ethically sound, and operationally sustainable.

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AI will push accountants toward a more supervisory role, create new opportunities, say EY experts

CFO News

How is AI revolutionizing the finance sector by automating routine tasks and reshaping accountants' roles? Experts Beln Villasante and Nikhil Sharma from EY say its not about replacing accountants, but redefining their roles and empowering CFOs to embrace new strategic opportunities.

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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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Rebuilding The Kitces Members Section And The State Of The (Nerd’s Eye View) Blog

Nerd's Eye View

With another strong year in the markets, most advisory firms are near or at record highs for their revenue, their numbers of clients, and the headcounts of their teams. Which is surprising to some, given that a decade ago, the emergence of so-called "robo-advisors" was supposed to displace human financial advisors and compress advisory fees. In reality, though, the robos struggled to gain traction, and the human financial advice business just continues to grow.

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From smartphones to laptops: India powers ahead in electronics manufacturing

CFO News

Syrma SGS has partnered with Micro-Star International (MSI), a leading Taiwanese technology company, to manufacture high-quality laptops in India, catering to both domestic and global markets.

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Best Practices for Building a Strong Nonprofit Board of Directors

Capital CFO LLC

A strong board of directors is the backbone of any successful nonprofit organization. Boards provide leadership, governance, and strategic direction, ensuring the organization fulfills its mission and serves its community effectively. However, building and maintaining an effective board requires intentional planning and a commitment to best practices.

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Why is the Indian rupee falling and is 90 per dollar in sight?

CFO News

Within a span of a month, the rupee has depreciated from 84 to 86, marking one of its steepest falls ever. What caused this sharp decline in the rupee? What are the major factors behind it? Are other currencies also experiencing a similar fall? ETBFSI explains why.

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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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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: Stocks Are More Expensive Than They Used to Be : Companies are better today and deserve the premium multiple. But its reasonable to Expect lower returns.( Irrelevant Investor ) How Analyst Job Cuts on Wall Street Are Reshaping Equity Research : Forces like regulation, passive investing and AI have all conspired to squeeze equity research in ways few could have imagined.

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India’s Wholesale Inflation climbs to 2.37% in December, up from 1.89% in November

CFO News

Wholesale Price Inflation in India rose to 2.37% in December, marking a six-month high and an increase from November's 1.89%. The December figure also surpassed October's inflation rate of 2.36%, which had breached the inflation target set by the Reserve Bank of India (RBI).

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IPO proceeds set to rise this year after 47% surge in 2024: EY

CFO Dive

Plans by President-elect Donald Trump to loosen federal regulation may spur initial public offerings, EY said.

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Net direct tax collections surge 16 pc to Rs 16.90 lakh crore so far in FY25

CFO News

India's net direct tax collections recorded a robust 15.88 per cent jump to Rs 16.90 lakh crore during April 1, 2024-January 12, 2025 of the current financial year compared to the same period of the previous financial year, according to latest figures compiled by the Income Tax Department.

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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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China's export curbs: Hi-tech machinery supply faces major hit

CFO News

The government has been made aware of the situation by industry and mitigating measures are being considered. But for the near term, this would mean a setback to the large manufacturing operations that have been set up by companies such as Foxconn in the electronics sector and joint ventures in the auto sector, the executives said.

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Money laundering case: ED quizzes Rashmi Saluja for second time

CFO News

Religare Enterprises' executive chairperson Rashmi Saluja was questioned for the second time by the ED in a money laundering case. She and other executives are alleged to have made unlawful gains and motivated a shareholder to file an FIR. Saluja denies the charges.

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Tata Electronics goes beyond Apple, looks to build for Xiaomi and Oppo

CFO News

Tata Electronics has held talks with Xiaomi and Oppo to take up contract manufacturing of their smartphones, in a bid to diversify its client base beyond Apple. The company was also in talks with Vivo, but that partnership is unlikely to go through, sources told ET.

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Kumbh Mela: India Inc. turns holy dips into marketing goldmines

CFO News

Companies are spending 70% of their marketing budgets on the Kumbh Mela, focusing on six holy dips. They are using digital innovation, social media, and influencer collaborations to engage with the mass gathering of pilgrims. Businesses aim to gain visibility and reach tier 2 and 3 city consumers, as well as international visitors.

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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.

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WeWork India raises Rs 500 crore via rights issue

CFO News

The workspace provider WeWork India said that the funds will be used to pay off its debt and lower its cost of capital. WeWork had planned to sell its 27% stake in the Indian unit, which failed due to a valuation mismatch. WeWork entered the Indian market in 2017 through a partnership with Embassy Group, with Embassy holding a 73% stake in the Indian unit and WeWork Inc owning the remaining 27%.

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Phone makers seek PLI renewal, say there's more to be done

CFO News

The PLI scheme, introduced in 2020, has attracted global players and made India a smartphone manufacturing hub. However, industry stakeholders argue its extension is crucial to achieve the government's ambitious target of producing $500 billion worth of electronics by 2030.

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JVC re-enters Indian TV market through licence pact with Super Plastronics

CFO News

New Delhi-based Super Plastronics Pvt Ltd (SPPL) has entered a brand licence agreement with JVC, marking the Japanese electronics brand's return to the Indian TV market. JVC's premium smart QLED televisions will be available on Amazon starting January 14, 2025, with prices starting at Rs 11,999.

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Yulu Bikes eyes growth in non-metro towns with franchise model

CFO News

The startup, backed by 33 institutional investors including Bajaj Auto, Magna and Rocketship, aims to leverage different vehicle form factors to cater to a broader set of needs. So far, Yulu Bikes has raised over $123 million in equity capital and USD 12 million in debt financing from US International Development Finance Corporation (DFC) and Northern Arc.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?