Fri.Jan 19, 2024

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‘Little evidence’ remote work harms productivity: San Francisco Fed

CFO Dive

After surging during the worst of the pandemic, remote work has declined to 30% of paid workdays, according to research by the San Francisco Fed.

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SAP ERP for Medical Device Manufacturers

Navigator SAP

Medical device manufacturers face similar challenges, whether engaged with Medical Device Production , BioPharma & Nutraceuticals , Contract Development & Manufacturing , or Biotechnology. They all face dynamic product lifecycles from development and clinical trials through to distribution and revenue, and a demanding regulatory environment that requires tracking everything.

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Trending Sources

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Arizona Cardinals fire CFO in leadership shakeup: ESPN

CFO Dive

The move comes amid reports of a broader restructuring of the football club’s business operations, led by chief operating officer Wesley Walls.

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Weekend Reading For Financial Planners (January 20-21)

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 study has found that while total financial advisor headcount across all channels only increased by 0.3% in 2023, the RIA space showed significantly more strength, with 10.4% growth, as breakaway brokers and new advisors see the potential benefits of the RIA model.

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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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Amazon taps operations SVP for AWS CFO amid rocky cloud growth

CFO Dive

The long-time Amazon veteran will step into the top financial seat for AWS as the e-commerce retailer looks to bolster the cloud segment’s stale revenue growth.

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Beyond the numbers: Macy’s, Levi Strauss CFOs dish strategy

CFO Dive

Finance leaders are increasingly balancing financial and strategic duties. For some retail CFOs that’s meant a bigger role in growing market share.

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MiB: Shomik Dutta, Overture Ventures

Barry Ritholtz

 This week, we speak with Shomik Dutta , founder and managing partner at Overture , a venture capital firm focused on climate tech and sustainability startups. He is also co-founder and General Partner of Higher Ground Labs. He previously worked on both Obama presidential campaigns and served as a Special Assistant to the White House Counsel. Dutta discusses why Climate Investing is a for-profit opportunity, and not as it is so often portrayed as “Woke Investing.” The 2023 COP resu

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?ION wins ‘Best FX RegTech Tool’ at Global Finance GW Platt FX Tech Awards 2024

Reval

​LONDON – 16 January 2024: ION — a global leader in trading and. The post ​ION wins ‘Best FX RegTech Tool’ at Global Finance GW Platt FX Tech Awards 2024 appeared first on ION.

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Startups scouting for CFOs amid IPO, profitability push

CFO News

More than 40% of all CFO searches done by Korn Ferry in recent times were around new age companies that are planning to get listed, said Rahul Kakkar, partner and India head, CFO Practice, at the leadership advisory and senior executive search firm.

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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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Cost allocation: How to analyze spend across multiple entities

Centage

For companies that have multiple locations, profit/cost centers, corporate entities, departments, or other reporting units, one of the biggest challenges is optimizing spend allocation across these different areas of the business. This crucial aspect of financial management can significantly impact a company’s competitiveness, and its ability to stay agile in a changing business landscape.

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Fake ITC Claim of Rs 180 Crore: Karnataka’s GST authorities detect 100 bogus firms, arrest mastermind

CFO News

Karnataka's Commercial Taxes Department, in collaboration with Kerala State GST authorities, has arrested Mohammed Siddiq for his role as a key mastermind in a multi-state GST fraud. The operation exposed a significant network involved in acquiring dummy GST registrations through forged documents and facilitating a scrap business across Kerala, Tamil Nadu, and Karnataka.

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Embracing the future: The rise of autonomous finance in organizations

Jedox Finance

Coined by industry analyst Gartner, autonomous finance refers to self-learning software agents that automate business operations and corporate finances. Autonomous finance is increasingly permeating all aspects of financial management by optimizing and streamlining financial data gathering and analysis.

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Sebi to crack down on inflated IPO subscriptions: Buch

CFO News

A mule account is basically a trading account maintained with a stock broker or a dematerialized account or bank account linked with such trading account in the name of a person, where the account is effectively controlled by another person, whether or not the consideration for transactions in the account are paid by such other person.

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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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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Americans are actually pretty happy with their finances : By the numbers: 63% of Americans rate their current financial situation as being “good,” including 19% of us who say it’s “very good.” Neither number is particularly low: They’re both entirely in line with the average result the past 20 times Harris Poll has asked this question. ( Axios ) • Japan’s Market Roars Back to Life—With Old-Timers Leading the Way : Afte

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In my 3rd term, India will be among top 3 economies: PM Modi

CFO News

Prime Minister Narendra Modi, while pitching for his third term, invoked the 'Modi guarantee' and linked the economy of the country with his government's coming to power. He promised that in his next term, India would become one of the top three economies in the world. Modi addressed a rally in Solapur and highlighted the completion of the Pradhan Mantri Awas Yojana housing project.

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Sony stays mum on Zee's request for merger deadline extension

CFO News

Zee Entertainment has requested an extension for the deadline to complete the merger deal with Sony's subsidiary, Culver Max Entertainment. Sony has not responded to the extension request. The two-year agreement between Zee and Sony expired in December. Zee is committed to the merger and is engaging in good faith negotiations with Sony. Both companies need to inform regulators to terminate the merger deal legally.

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DGGI has no special power over state GST officials: Jharkhand HC

CFO News

"Prior to any determination or finding of any irregular or inadmissible availment of input tax credit, attachment of bank account of the petitioner appears to be an 'arm twisting method' to make the petitioner succumb to the particular authority, which cannot be the dictum of the Act," the court said in a ruling on January 15.

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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.

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How Mukesh Ambani & Family are navigating change at India's biggest firm

CFO News

The past year has marked RIL's foray into finance and its plan to dominate the media and entertainment as it heads towards merging its media business with Walt Disney. It is already India's largest retail and digital player. As India is on track to become the world's third-largest economy, RIL Chairman Mukesh Ambani believes his company too can rise globally to be among the top 10 global conglomerates.

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No trading in government bonds, foreign exchange and money markets on January 22: RBI

CFO News

The 3-day variable rate repo (VRR) auction conducted by the RBI on Friday, which is scheduled to reverse on January 22, will now be reversed on January 23. Meanwhile, a 3-day VRR auction that the RBI had earlier said would be conducted on January 22 stands cancelled and instead a 2-day VRR auction will be carried out on January 23.

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Stock market to have normal trading today, remain shut on January 22

CFO News

Earlier, stock exchanges announced to conduct a special live trading session on Saturday from the disaster recovery site. But, now as per the latest circular, regular trading activities will be performed on the primary site and there will be no switchover.

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Reliance Jio Q3 Results: Net profit rises 12.2% YoY to Rs 5,208 crore

CFO News

Reliance Jio Infocomm, the telecom unit under Jio Platforms Limited (JPL), reported 12.2% on-year growth in net profit for the fiscal third quarter.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng