Fri.Mar 08, 2024

article thumbnail

Costco’s retiring CFO says inflation ‘essentially flat’

CFO Dive

The flat metric seen in Costco’s latest quarter is a marked change. CFO Richard Galanti noted inflation soared as high as 9% a couple years ago.

CFO 279
article thumbnail

Transitioning from SAP Business ByDesign to SAP S/4HANA Cloud Public Edition

Navigator SAP

SAP Business ByDesign is a mature and stable ERP solution. When organizations are ready and have finally outgrown SAP Business ByDesign, there is a clear and curated migration path to SAP S/4HANA Cloud Public Edition. In this new episode of the podcast Inside SAP S/4HANA Cloud , Yannick Peterschmitt discusses customers' transitions from SAP Business ByDesign to SAP S/4HANA Cloud Public Edition with three guests: Russell Delapp from Navigator Business Solution, both a customer and partner from th

SAP 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Regional bank execs push back on CRE risk fears

CFO Dive

Regional banks are working to manage exposure to the office sector, but executives say they will skirt a regional banking crisis.

Banking 209
article thumbnail

Government notifies changes in competition law related to M&As

CFO News

"The government has increased the existing financial thresholds as prescribed under Section 5 of the Competition Act by 150 per cent. Further, the De Minimis or the Small Target Exemption thresholds have also been increased. This is in line with the government motto of ease of doing business in India as less M&A deals would require CCI approval," he said.

102
102
article thumbnail

The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

article thumbnail

Funko CFO to step down as toymaker preps for ‘softer’ content schedule

CFO Dive

Steve Nave is departing after largely executing his financial and operational goals. The CFO's resignation comes as Funko continues to brace for economic headwinds.

CFO 167

More Trending

article thumbnail

MiB: Sean Dobson, Amherst Holdings

Barry Ritholtz

This week, I speak with Sean Dobson, chairman, CEO and CIO of Amherst Holdings LLC. The firm manages $16.8 billion in assets focused on single-family rentals, mortgage-backed securities and commercial real estate. He currently serves as a governing trustee for the Dana-Farber Cancer Institute in Boston and is a co-founder of CapCityKids. Amherst was managing a variety of public and private label loans in the 2000s, including mortgage-backed securities (MBS).

article thumbnail

FPIs quizzed on 'loans' for trading

CFO News

It's unclear why the information was sought, but the Income Tax (I-T) department has directed these offshore funds to disclose the identities of the lenders, the latter's source of money, and the nature of agreement between the two parties. The move to fish out such information could well be to trace any possible and indirect links between overseas portfolio managers with Indian companies and promoters, feel some of the tax and finance professionals.

Finance 52
article thumbnail

India-UK trade talks set to end with key issues unresolved

CFO News

The latest round of trade talks between the UK and India appears set to end without a breakthrough. Negotiations for a free-trade agreement, seen as a key prize of Brexit, have been plagued by disputes over visas, market access, and more. Indian negotiators don’t have sufficient time to engage on the pending issues ahead of elections likely in April, two people familiar with the development said, refusing to be identified as the discussions are private.

article thumbnail

CBIC working to weed out duplicate notices

CFO News

Courts have made adverse comments in many such cases of parallel investigations. The matter was discussed at a recent meeting of enforcement officials from the central and state GST departments, chaired by union finance minister Nirmala Sitharaman. "There are instances where both the Centre and states have issued notices or have started investigations in the same case.

Finance 52
article thumbnail

Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

article thumbnail

In India's semiconductor moment, spotlight on talent

CFO News

There is demand for 40,000-50,000 employees across job roles in 2024, a 25-30% increase over last year, says staffing company Randstad. The sector is expected to see more than 800,000 to 1 million job openings over the next five years.

52
article thumbnail

Fed gets another reason not to rush on rate cuts

CFO News

Employers added a robust 275,000 jobs last month, a Labor Department report showed on Friday, handily beating the 200,000 that economists expected. Still, the report's revisions of prior months' estimates showed smaller job gains in January and December than had earlier been thought, suggesting that a long-anticipated slowing in job gains is underway.

52
article thumbnail

We are making big investments in defence sector in next 10 years, says Adani Defence CEO

CFO News

"We are going to make big investments in the defence sector in the next 10 years," he said at NDTV's 'Defence Summit' on Thursday. Rajvanshi, however, did not elaborate on the investments. In a major move, the Adani Defence and Aerospace last month inaugurated two mega facilities to manufacture ammunition and missiles.

article thumbnail

Apollo Tyres slapped penalty by GST Dept. in UP; plans appeal against the order

CFO News

The order was passed by the Assistant Excise and Taxation Officer (GST), Uttar Pradesh, which has imposed a penalty of INR 1.3 lakh on Apollo Tyres, the company said.

article thumbnail

Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

article thumbnail

Women's Day: Higher-rated firms have more women on their boards, says Moody's

CFO News

Companies based in advanced economies exhibit a correlation between board gender diversity and credit ratings, but those in emerging markets do not, it said.