Mon.Mar 24, 2025

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CRM holds financial tech tool MVP spot, for now

CFO Dive

While finance leaders surveyed currently value customer relationship management tools most, they expect buzzy GenAI to enjoy the highest future investment levels.

Finance 181
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Government Spending Is Out of Control! LOL

Barry Ritholtz

Calculation: BEA Table 3.1 Line 20 (Current Expenditures) divided by Table 1.1.5 Line 1 (GDP). Alternatively, Item #2 below divided by GDP. “ If you torture data long enough, it will confess to anything. ” – Ronald Coase Hey, it’s @TBPInvictus. Let’s delve into a case in point of Coase’s theorem: If you wanted to peddle the narrative that government spending is out of control, you might present a chart like the one above, which is an exact replica of a chart t

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Trending Sources

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Revolut US CFO aims for growth, maturity, with more ‘boots on the ground’

CFO Dive

Getting the balance between agility and compliance right is crucial for the fintech as it looks to continue its expansion into key markets like the U.S., Revolut CFO Max Lapin said.

CFO 252
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CS, CMA inclusion in income tax audits may hinge on EY curriculum review

CFO News

Amid an ongoing debate over whether CMA and CS should be included as accountants in the new Income Tax Bill and allowed to conduct tax audits a role currently reserved for Cas the Lok Sabha's Select Committee has likely tasked EY with reviewing the curriculums of these professional courses. Based on the findings, the committee will likely decide who can conduct tax audits, examining the curricula to assess whether professionals from the other two bodies are qualified for this role.

Auditing 111
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Forecasting Failures Are Costly: Here's 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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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OneStream CFO: Tariff turbulence is ‘good driver of business for us’

CFO Dive

The finance leader said disruptions in the current environment are in many ways reminiscent of what companies faced during the COVID-19 pandemic.

CFO 222

More Trending

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Manufacturing slows as tariffs, policy shifts dim expectations: S&P

CFO Dive

Inflation in both goods and services prices accelerated in March to the fastest pace in 23 months, hitting a 31-month high in manufacturing, S&P Global said.

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1082: Unlocking Value Through Real Estate Innovation | Tim Arndt, CFO, Prologis

CFO Thought Leader

Tim Arndt still remembers the urgency in the air when AMB Property Corporation decided to merge with Prologis at the height of the financial crisis. It was, as he describes, a merger of equals, but Arndt tells us that, in the end, it was the legacy management of AMB that would lead the newly formed Prologis. The equal nature of the deal belied a deeper reshuffling of leadership, with AMBs team rising to steer the new entity and subsequently Arndt finding himself on the CFO path.

CFO 52
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Time and the Need for Reliable Financial Services

CFO Plans

In the bustling world of business, time is a precious commodity, and for business owners and CFOs, the need for reliable financial services is non-negotiable. Unfortunately, many have encountered the frustration of dealing with slow or unresponsive financial advisors, resulting in missed deadlines, increased stress, and ultimately, a hindrance to business growth.

CFO 52
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What is EBITDA?

The Finance Weekly

Understanding a companys true profitability can be tricky. With so many financial metrics thrown around, its easy to get lost in the numbers. Thats where EBITDA comes in. It is a widely used financial metric that provides insight into a company's operating performance by focusing on earnings derived from core business operations.For business owners, analysts, and investors trying to cut through the accounting noise, it offers a clearer picture.

Numbers 52
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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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Hazlewoods supports Kids Planet on Perfect Start Day Nurseries acquisition

Accountancy Today

Hazlewoods Corporate Finance team has supported Kids Planet with its latest acquisition of Perfect Start Day Nurseries, a group of eight settings across Surrey, West Sussex and Kent. Kids Planet was founded in 2008 with two settings and has grown significantly over the last 17 years and now operates across over 230 sites. This acquisition represents an extension of Kids Planets ongoing mission to provide the highest standard of early years care and education, supporting children and families acr

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From $11M to $20M – the Impact of a Fractional CFO on a Tech Company Aiming for Growth

Focus CFO

Financial roadblocks in your tech company? Discover how a fractional CFO drove growth with this real-life case study: proven strategies & revenue success.

CFO 52
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Explainer: Will Bilateral Trade Agreement with the US benefit India?

CFO News

By reducing tariffs and non-tariff barriers, Indian exporters could gain better access to the US market. Moreover, increased competition could push domestic industries to become more efficient and innovative.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: Investors Who Were All In on U.S. Stocks Are Starting to Look Elsewhere : American exceptionalism was this years big trade. Now some are hedging their bets. ( Wall Street Journal ) Dollar Devaluation and the Antisystem Youth JD Vance’s speech, the Fed meeting, and China : All these developments – the antisystem youth sentiment, the AI disruptions, Trumps Mar-a-Lago accord moves, and attempts at reshoring – tie back to one urgent proble

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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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Ajay Seth designated as Finance Secretary

CFO News

Ajay Seth, a 1987 batch IAS officer from Karnataka cadre, is appointed as the new Finance Secretary. Currently serving as the Secretary of the Department of Economic Affairs, Seth fills the vacancy created by Tuhin Kant Pandey's recent appointment as SEBI chairman. The senior-most secretary in the Union Finance Ministry is customarily designated as the Finance Secretary.

Finance 45
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Amit Chand to serve as new Group CFO of Housing.com & PropTiger.com

CFO News

REA India, the parent company of Housing.com & PropTiger.com has appointed Amit Chand as Chief Financial Officer. With over 20 years of experience, Amit will lead key functions like finance, risk assurance, and compliance. His track record includes roles at TCNS Clothing and a tech startup.

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How rising gold prices have made India’s sovereign gold bond scheme a liability

CFO News

With gold prices now hovering around Rs 91,000 per 10 grams, the redemption value has swelled to Rs 1.20 lakh crore, placing a significant financial burden on the government.

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India must be cautious in trade pact talks with US amid legislative risks in America: GTRI

CFO News

India must tread carefully in negotiating a trade agreement with the US due to the lack of Fast Track Trade Authority and the US's ability to re-negotiate deals post-signing. The current scenario allows for unpredictable changes and additional demands from the US, which could challenge India's sovereignty and create significant uncertainties.

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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?

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Electronics exports from India set to surpass Rs 3 lakh crore this fiscal

CFO News

In a big boost for local manufacturing, the country is set to witness its electronics exports surpass Rs 3 lakh crore for the first time this fiscal (FY25), driven by smartphones.

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OpenAI, Meta in talks with Reliance for AI partnerships: Report

CFO News

Reliance Industries: Reliance has discussed selling OpenAI's models to its enterprise customers through an application programming interface or API.

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India must brace for 9-10% power demand surge in 2025 amid rising temperatures, warn experts

CFO News

India is expected to see a 9-10% rise in peak electricity demand this summer due to more heatwaves, driven by climate change. Experts highlight the surge in air conditioner sales and the rising household electricity consumption. Concerns are raised regarding energy inefficiency of air conditioners and the need for sustainable cooling solutions to combat emissions.

Sales 40
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IndusInd Bank shares in focus after GST penalty; lender plans to appeal

CFO News

IndusInd Bank faces a Rs 30.15 crore penalty for GST-related issues and is considering an appeal. Recently, the bank reported accounting discrepancies and has appointed Grant Thornton for a forensic review. IndusInd Bank's Q3 earnings declined significantly, with a 39% drop in net profit. The shares fell 2.42%, reflecting ongoing financial turmoil.

Banking 40
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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India to seek tariff reprieve in meeting with US officials

CFO News

India will request an exemption from US reciprocal tariffs during trade negotiations with US officials this week. Discussions will focus on forming a bilateral trade agreement. India has already reduced some import taxes and is considering further reductions to meet US concerns.

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EaseMyTrip enters aviation market; acquires 49% stake in Big Charter Pvt Ltd

CFO News

EaseMyTrip has entered the charter aviation market by acquiring a 49% stake in Big Charter Pvt Ltd. The company also approved significant investments in its global subsidiaries in Brazil, Saudi Arabia, and the US to strengthen its presence and support expansion initiatives.

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Indian Overseas Bank issues show cause notice to IL&FS Engineering

CFO News

IL&FS Engineering Services has been issued a show cause notice by Indian Overseas Bank concerning the classification of its loan account as a suspicious fraud account involving Rs 123 crore. The matter was highlighted in a forensic audit by Grant Thornton India and is being addressed under the ongoing Group resolution framework.

Banking 40
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India to introduce easy process for claiming over ₹78,000 crore in unclaimed deposits

CFO News

Banks in India, both public and private, will soon adopt a streamlined format to help account holders or their nominees reclaim over 78,213 crore in unclaimed deposits. The new system will feature common application forms and standard required documents, with full online retrieval operational by FY26.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for