Fri.Jul 05, 2024

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Choosing the Best SaaS-Based Accounting Software for Your Manufacturing Company

CFO Plans

Manufacturing companies face unique challenges that necessitate precise and efficient financial management. As we move further into 2024, leveraging SaaS-based accounting software has become not just a trend but a necessity for manufacturing firms aiming to streamline their operations and enhance financial accuracy. Discover how CFO Plans can help you implement the best SaaS solutions.

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Weekend Reading For Financial Planners (July 6-7)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent U.S. Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), and o

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Finolex Cables plans Rs 500 crore capex, Southeast Asia and Africa expansion, says CFO Mahesh Viswanathan

CFO News

In an exclusive interview with ETCFO, Viswanathan said the spending would be on the expansion of manufacturing facilities, adoption of cutting-edge technologies, and enhancement of supply chain infrastructure.

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FP&A Software Pricing 2024: Top Vendors and What They Charge

Lime Light

Compare prices of leading FP&A software. Find the best solution for your budget and business needs.

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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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Regulatory pressure, push from leadership lead to better compliance standards in India Inc: EY report

CFO News

A new report from EY shows India Inc.'s improved adherence to compliance and integrity standards, driven by regulatory pressure and management focus. The survey highlights key factors like policy developments, leadership role, and customer demand for ethical standards.

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Grifols appoints Rahul Srinivasan as new Chief Financial Officer

CFO News

Srinivasan will lead Grifols’ global financial organization, taking over from Alfredo Arroyo, who recently announced his retirement after 17 years of service.

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Uniform GST for hotel rooms, eco-friendly initiatives, CSR fund use: pre-budget expectations

CFO News

MakeMyTrip CEO Rajesh Magow advises the Union Budget 2024-2025 to set a uniform 12 percent GST rate, streamline OTA GST registrations, permit TCS credit on salary income, and utilise CSR funds for tourism.

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Budget 2024: Capex, SOPs, bold reforms top infra and energy companies' wish list

CFO News

Budget 2024: Finance minister Nirmala Sitharaman on Friday met representatives from the infrastructure and energy sector as a part of her pre-budget consultations. "While the capex support for the infrastructure was common, the industry wanted bold reforms to push infrastructure projects, support for energy transition and tax incentives for solar and sector to meet India's goal to attain net-zero by 2070," said a person aware of the details of the meeting.

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MSMEs have growth opportunities, the challenge is in easing their access to credit: Manish Kothari, Kotak Mahindra Bank

CFO News

The key pivot for Kotak Mahindra Bank’s MSME lending business has come through holistic banking relationships and out-of-the-box solutions, says Manish Kothari, Head, Commercial Banking, Kotak Mahindra Bank.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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ET Explainer: What is angel tax and why has DPIIT sought its removal?

CFO News

Angel tax refers to the income tax levied by the government on funding raised by unlisted companies, or startups, if their valuation exceeds the company's fair market value. Angel tax was first introduced in the 2012 Union Budget by then finance minister Pranab Mukherjee under the UPA-II regime to arrest the laundering of funds.

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India Inc registers 501 deals valued at USD 21.4 bn in Q2 2024: Grant Thornton

CFO News

Grant Thornton Bharat's Q2 2024 report shows 501 deals worth USD 21.4 billion. Despite a 28% value decrease post Reliance-Disney mega-merger, domestic investment and private equity remain strong. High-value deals (over USD 100 million) rose 58% with 30 significant deals. Political stability and policy clarity boosted traditional sectors like pharma and manufacturing, states Shanthi Vijetha.

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India will fail to plug jobs gap even with 7% growth, says Citi

CFO News

The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.

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Axel Polymers’ Aarasp Bejan Bodhanwala steps down as CFO

CFO News

Axel Polymers: Despite stepping down from his executive roles, Bodhanwala will remain involved with the company as a Non-Executive Director.

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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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Govt should review GST rates on vehicles powered by clean fuels: Rajiv Bajaj

CFO News

According to Bajaj, there is no party happening in the EV segment as of now.

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