Mon.Mar 18, 2024

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Private firms, not-for-profits reckon with CECL

CFO Dive

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.

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Tired of Manual Invoice Processing? See How SAP AP Automation Can Save You Time!

Navigator SAP

In this video demonstration, we'll show you the difference between the traditional, manual way of processing invoices in SAP and the power of automating this process using SAP Business Technology Platform (BTP). In this quick demo, you'll see: Manual Invoice Entry : We'll start by demonstrating the time-consuming steps involved in manually entering invoice data, including keying in information and performing three-way matches.

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Trending Sources

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Joann files for bankruptcy; secures $132M in new financing

CFO Dive

The craft retailer’s long-anticipated bankruptcy follows a $400k cash retention bonus paid out to its CFO.

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Do Magazine Covers Contain Market Signals?

Barry Ritholtz

There has been a lot of chatter about magazine covers lately; I thought I might clarify some of the with this post, originally published in Bloomberg on December 27, 2017, along with commentary from Ben and Josh addressing the sdame issue. The key takeaway: The value of the signal here is just about zero. The 2017 Barron’s cover (above) showing Apple’s extravagant new headquarters and suggesting that the company’s market value would reach $1 trillion in 2018 generated some chat

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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.

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$29B Microsoft tax bill shows how big transfer pricing disputes can get

CFO Dive

General counsel can help their organization avoid expensive legal battles by ensuring their intercompany agreements align with their compliance policies.

More Trending

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Identifying Your Own “Soft Assets” To Turn COIs Into Powerful Referral Champions

Nerd's Eye View

Soliciting prospect referrals can often be an effective way for financial advisors to grow their firms with clients who are ready to act and who will benefit from the firm since many referrals come from sources that are familiar not just with the advisor and the services they offer, but also with the prospect being referred and the needs they seek. This is particularly true when referrals come from Centers of Influence (COIs) – professionals who are trusted by their circles to influence id

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Govt proposes exempting certain M&A deals from CCI approval requirement

CFO News

Draft rules to exempt certain categories of combinations from the Competition Commission of India (CCI) approval requirement have been issued by the corporate affairs ministry. Vaibhav Choukse, Partner & Head - Competition Law at JSA Advocates & Solicitors, said the draft rules enlist certain kinds of M&A (Merger & Acquisition) transactions which will not require approval from the CCI.

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Cube raises $20M, appoints former Workday exec, Suresh Bala, to lead Product Innovation

Cube Software

Funding: Fueling our future In times of uncertainty, companies are tasked with balancing growth while maintaining efficiency, elevating the CFO’s role to strategize more than ever. Despite this, a surprising 80% of finance teams still rely on manual spreadsheets for FP&A, which can make it difficult to plan and respond quickly to market changes.

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Adani says report on bribery probe by US prosecutors is false

CFO News

Bloomberg News reported last week — citing people with direct knowledge of the matter — that US prosecutors have widened their probe of the Adani Group to focus on whether an Adani entity may have engaged in bribery as well as the conduct of the conglomerate’s billionaire founder Gautam Adani.

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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.

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Uplifting Women through our Community Partnerships

Bank of the West

As we continue to celebrate women this month, BMO is committed to driving progress and promoting an inclusive society for every woman. Through our partnerships, we strive to remove barriers… Read more The post Uplifting Women through our Community Partnerships appeared first on About BMO.

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Financial leaders on AI, data analytics

Future CFO

Financial leaders from various sectors discuss real-world applications of artificial intelligence and data analytics. The post Financial leaders on AI, data analytics appeared first on FutureCFO.

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Kishore Biyani offers Rs 476 cr for a Mumbai mall after Runwal's win

CFO News

The Biyani offer comes just days after creditors had approved a Rs 475-crore bid from Runwal Group for the asset through an auction process, multiple people familiar with the development said.

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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Outsourcing has emerged as a strategic approach for businesses aiming to optimize operations and reduce costs. Accounting is a pivotal area among the various outsourced functions. But before you jump on the bandwagon, let’s have a candid conversation: Does outsourced accounting work for small and medium-sized businesses (SMBs)? Let’s delve into the intricacies to help you determine whether it’s the right move for your SMB.

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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.

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IL&FS moves NCLAT, seeks protection for group companies from wilful defaulter tag

CFO News

In its petition, IL&FS said it is aggrieved by the "blatant violation and disregard" of previous NCLAT orders by the banks.

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The Mentoring Round | Aaron Alt, CFO, Cardinal Health

CFO Thought Leader

Inside The Mentoring Round, CFO Aaron Alt highlights Cardinal Health’s ongoing comprehensive review of its business portfolio, involving an assessment of healthcare trends, competitive strengths, and economic forecasts to determine the best ownership of assets. This process has led to strategic decisions about retaining, investing in, and potentially divesting certain business units to maximize shareholder value. 983: The CFO as Architect of Value | Aaron Alt, CFO, Cardinal Health The post The M

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Chinese smartphone cos in a fix over leadership hiring

CFO News

The Chinese companies are looking for leaders who can become faces of the brands and product launch events, much like how Xiaomi had in Manu Kuman Jain and Realme in Madhav Sheth. Only Xiaomi India now has an Indian at the helm - Muralikrishnan B - as president, who leads the company’s affairs in the country and is the face of the brand.

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Arvind Kapil named CEO of Poonawalla Fincorp

CFO News

Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and the sales business of the erstwhile Housing Development Finance Corp (HDFC) which was merged with the bank last year.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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India bright on radar of global players; am optimistic about future: Nykaa Founder Falguni Nayar

CFO News

In an exclusive interview with PTI, Nykaa founder and CEO Falguni Nayar said the recent instances of corporate governance lapses in some well-known startups will lead to greater scrutiny by investors (in the ecosystem), and asserted that governance agenda has to be set out very early in an entrepreneurial journey.

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DBS looks to be a banker to startups

CFO News

DBS Bank is considering several startups including in healthcare, technology, and firms using Artificial intelligence (AI) in financial services such as insurance; transportation, logistics and retail, waste management companies and supply chain logistics spaces, Verma said.

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India can’t match China’s past 8-10% growth, Morgan Stanley says

CFO News

Morgan Stanley predicts India won't match China's past high growth rates, foreseeing a steady 6.5%-7% growth due to infrastructure and workforce limitations. Despite this, India's economic prospects are positive, resembling the mid-2000s boom. However, replacing China as a manufacturing hub seems unlikely. India's recent growth and potential rate cuts by the Reserve Bank of India are key factors to watch.

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India has inched up, but not enough

CFO News

UNDP's HDI redefines country development. India's 2023 improvements in gender equality and GNP challenge GDP norms. The nation faces climate change and global challenges on the journey to enhanced human development.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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What is needed to make India a $10-trillion economy? Ajay Piramal, Falguni Nayar, SN Subrahmanyan & Rohit Jawa explore the possibilities in a panel discussion

CFO News

India's $10-trillion economy prospects discussed by industry leaders, emphasizing digital revolution, infrastructure transformation, consumption growth, financial sector role, employment challenges, urban planning needs, and women's empowerment for achieving targets.

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Paytm Payments Bank releases FAQs on steps to close Paytm FASTag, refund of FASTag balance & more

CFO News

FAQs for Paytm FASTag users: To help users of Paytm FASTag, Paytm Payments Bank has issued a fresh set of FAQs. Here is what it states.

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