Fri.Nov 01, 2024

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What is a Channel-less Selling Methodology?

Navigator SAP

You’re living in a multi-channel world. You probably know about the omnichannel approach to sales. But are you up to speed on the channel-less selling methodology? At first, there was one real channel: the brick-and-mortar storefront. But as technology has changed, sales have become multi-channel. How businesses approach this multi-channel sales environment matters both for competitiveness and customer experience.

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Main GenAI benefit so far is time saved, fiance execs say

CFO Dive

Generative AI is saving finance teams a lot of man hours as they ditch manual processes, but translating that into dollar-based ROI terms is tricky, panelists said.

Finance 319
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Trending Sources

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Members’ Profile: Charles Humphreys Mbale

CFO Talks

Members’ Profile: Charles Humphreys Mbale In this edition of CFO Club Africa’s Members Spotlight, we’re introducing Charles Humphreys Mbale, Director at Sedumame & Associates Pty Ltd and BRICS Energy Africa. With a career spanning finance roles in notable organizations like the Graça Machel Trust and the UK Department for International Development, Charles has built a reputation for his dedication to impactful work and financial expertise.

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High-profile wins will likely embolden labor unions in 2025: Moody’s

CFO Dive

Although only 6% of the private sector workforce is unionized, organized labor in recent years has won high-profile disputes and scored limited but clear gains.

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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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MiB: Annie Lamont, Managing Partner of Oak HC/FT

Barry Ritholtz

This week, we speak with Annie Lamont, Co-Founder and Managing Partner of Oak HC/FT. Prior to founding Oak HC/FT in 2014, Annie spent 28 years at Oak Investment Partners, where she served as a Managing Partner and led the healthcare and fintech practices. Annie has been named to Forbes’ Midas List as well as Fortune’s Top 20 Private Equity Power Players and Modern Healthcare’s 100 Most Influential People.

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Weekend Reading For Financial Planners (November 2–3)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that SIFMA, which represents broker-dealers, investment banks, and asset managers, released a white paper that argues that CFP Board "increasingly functions as a de facto private regulator for CFP certificants" and proposes that CFP Board eliminate rules and standards that duplicate, conflict with, and/or impose in addition to existing SEC and/or FINRA rules and standards.

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Kraken cuts staff, appoints co-CEO and CFO

CFO Dive

The crypto exchange appointed a new co-CEO and new finance chief, alongside cutting about 400 employees, sources told the New York Times.

CFO 144
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Bank of China Is Leading the Way in Green Finance

Global Finance

Bank of China (BOC) continues to play a pivotal role in green finance. Through its “BOC Green+” global brand, the bank is offering a range of green financial products. The brand is part of its Green Financial Plan, which aligns with China’s national strategy of achieving “carbon peak and carbon neutrality.” BOC actively participates in international green finance collaboration.

Finance 52
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GST collection grows 8.9% Y-o-Y in October at Rs 1.87 Lakh Cr

CFO News

GST Collections for the month of October grew 8.9% year-on-year at Rs 1.87 Lakh Crore witnessing an uptick compared to Rs 1.73 Lakh Crore in September 2024. Maharashtra recorded the highest GST collections among all states, registering Rs 31,030 crore, a 14% year-on-year increase compared to October 2023.

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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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Digital Bank Awards 2024 – Interview with Sheikh Abdulraham Al Thani

Global Finance

Global Finance speaks with Doha Bank Group CEO Sheikh Abdulrahman Al Thani. Global Finance’s transaction banking editor Gilly Wright had the pleasure of speaking with Sheikh Abdulrahman Al Thani, Group CEO of Doha Bank Group at the 2024 Best Digital Bank awards dinner at Banking Halll in London. Sheikh Al Thani discusses the bank’s impressive achievements in digital innovation and transformation and the further insights into Doha Bank’s strategy for sustainable growth in a rapidly evolving finan

Banking 52
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Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

CFO News

The Unified Payments Interface (UPI) settled 16.58 billion transactions in October 2024, up 45% yearon-year. The demand for work under the government’s flagship rural employment scheme fell for the 12th straight month in October from a year before, dropping 9.2% from a year earlier, indicating availability of job opportunities elsewhere in the economy.

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Sebi mulls measures to facilitate ease of doing biz for ESG Rating Providers

CFO News

Markets regulator Sebi suggests changes to the framework for ESG Rating Providers, especially those using a subscriber-pays model. Sebi recommends exemption from disclosing ESG ratings to stock exchanges and sharing reports with subscribers and rated issuers simultaneously. The proposals aim to improve clarity and transparency in ESG ratings. Public comments on the proposals are invited until November 15.

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India's forex kitty at $684.8 bn, gold reserves go up

CFO News

Amid persistent selling of shares in the stock market by foreign institutional investors (FII) and growing geopolitical tensions, India's foreign exchange reserves posted a $3.46 billion drop to stand at $684.8 billion in the week ended October 25, data released by the Reserve Bank of India (RBI) showed on Friday.

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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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Piyush Goyal urges global investors at FII to seize emerging opportunities in India

CFO News

In recent years, many bilateral agreements have been formalised between India and Saudi Arabia, covering sectors such as food exports, pharmaceuticals, electrical interconnectivity, energy, small and medium enterprises, digitization and electronic manufacturing.

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Is there a 'China angle' behind Microsoft CEO Satya Nadella’s $5.5 million salary cut?

CFO News

Satya Nadella’s compensation jumped by 63% in 2024 to $79.1 million, driven by an increase in stock awards. He requested a reduction in cash incentive due to cybersecurity concerns. Under his leadership, Microsoft has seen significant financial growth since '14.

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Tech giants are set to spend $200 billion this year chasing AI

CFO News

Wall Street recently criticised major tech firms for their AI spending, but Amazon, Microsoft, Meta, and Alphabet plan to invest even more, exceeding $200 billion this year. These companies are securing chips and building data centers to support AI, aiming for future profitability despite current high expenses.

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Record retail sales during festivals bring down inventory in car market

CFO News

The festive season significantly boosted retail sales for automakers, with high demand for premium vehicles like Maruti Suzuki Baleno and Hyundai Creta. Maruti Suzuki and other major manufacturers posted record sales, reducing high inventories. The wedding season in November is expected to sustain this momentum.

Sales 40
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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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Work demand under NREGS drops for 12th straight month in October

CFO News

Work demand under the MGNREGS fell for the 12th consecutive month in October, reflecting strong economic activity and more remunerative job opportunities. Despite a slight uptick from September, overall requests for work are down year-on-year, indicating an upswing in the rural economy.

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Maruti, Hyundai report muted domestic wholesales in October

CFO News

Auto majors Maruti Suzuki India and Hyundai witnessed muted sales in October, with inventory adjustments affecting dispatches. Despite a drop in some segments, both companies reported record-breaking monthly figures. Mahindra, Toyota, and JSW MG saw notable growth, while Tata Motors experienced a slight dip. Two-wheeler brands Royal Enfield and TVS Motor recorded significant increases in sales.

Sales 40
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ONGC ups capex at Rs 15,550 crore in Q2

CFO News

Oil and Natural Gas Corporation has doubled its capital expenditure to â‚ą15,550 crore in the second quarter. ONGC has spent â‚ą23,550 crore in the first six months, moving closer to its annual capex target of â‚ą30,800 crore. State-run oil companies together spent around â‚ą67,000 crore in the first half of the fiscal year.

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Nvidia to take Intel's spot on Dow Jones Industrial Average

CFO News

Once the dominant force in chipmaking, Intel has in recent years ceded its manufacturing edge to rival TSMC and missed out on the generative artificial intelligence boom after missteps including passing on an investment in ChatGPT-owner OpenAI.

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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

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Netflix India sees double-digit growth in revenue, profit for FY24

CFO News

Netflix India's net profit rose 49% to Rs 52 crore in the last fiscal year, driven by a growing subscriber base and content expansion. The company's gross turnover reached Rs 2,845 crore, while expenses increased but were offset by a rise in subscribers, propelled by new mobile plans and a crackdown on password sharing.

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Can ICAI set quality rules for audit firms?

CFO News

ICAI's stance in a disciplinary case appears conflicting with its recently released Standard on Quality Management (SQM) for audit firms. ICAI claims the Companies Act governs audit standards, while contending in court they lack jurisdiction over audit firms. NFRA pushes ICAI to align with global norms, aiming to clear regulatory ambiguities.

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Ola Electric reclaims 31% market share as festive sales rise

CFO News

Despite the recent rise in sales, Ola Electric has faced an increase in customer complaints about after-sales service, software issues, and hardware malfunctions, which contributed to a decrease in sales and market share over the past few months.

Sales 40
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Marutis and Tatas had a big headache in run up to Diwali parties. Brighter days now?

CFO News

Indian car sales have seen a decline for three consecutive months, with September recording a 1-2.5% drop despite significant discounts during the festive season. Major automakers like Maruti Suzuki, Hyundai, and Tata Motors reported lower sales, leading to high inventory levels at dealerships. Nonetheless, festive season demand is expected to improve sales.

Sales 40
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.