Mon.Jul 01, 2024

article thumbnail

Achieve real AI results in finance

CFO Dive

Standing idle is not an option as our organizations demand AI-enabled solutions.

Finance 100
article thumbnail

The Latest In Financial #AdvisorTech (July 2024)

Nerd's Eye View

Welcome to the July 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that AI meeting support solution Jump has raised $4.6 million in venture capital, as meeting support has increasingly shown itself as a leading use case for AI as it applies to financial advisors given the s

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

Fossil names interim CFO after finance chief follows CEO out the door

CFO Dive

The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.

CFO 284
article thumbnail

A Day in the Life: Justin Barch from the Association for Financial Professionals

Future CFO

Editor's note: In today’s A Day in the Life interview, Justin Barch (pictured), CAE, Managing Director, Revenue & Growth, Association for Financial Professionals (AFP) shares with FutureCFO audiences how professional education and travel inspire him to understand clients’ needs better as well as his typical work day. FutureCFO: What does a typical day look like for you?

article thumbnail

From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

article thumbnail

SCOTUS gives CFOs ‘brand new lens’ for tax positions

CFO Dive

Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said.

282
282

More Trending

article thumbnail

IPO market quickens as stocks hit record highs during H1 2024, EY says

CFO Dive

In coming months the IPO market in the U.S. and beyond faces possible turbulence from intensifying regional conflicts and “an election super-cycle,” EY said.

Marketing 261
article thumbnail

In Conversation with Achraf Abourida, Head of Product Management at Surecomp

Global Finance

Joseph Giarraputo, the Founder and Editorial Director of Global Finance, talks to Achraf Abourida, Head of Product Management at Surecomp, about the major challenges banks face in providing trade and supply chain finance solutions, including technology development, capital costs, and regulatory requirements. Surecomp, which was named by Global Finance as the world’s best trade finance software provider for the second year in a row, is helping address these concerns with core applications for ban

article thumbnail

What to Look for in Nonprofit Accounting Services

The Charity CFO

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors. Let’s explore the key factors to consider when researching nonprofit accounting services–from the firm’s expertise to its technology recommendations–so you can be sure you’re getting the nonprofit accounting your organization needs. 1.

article thumbnail

Becoming a CFO: The journey from executor to strategic leader

Cube Software

Executor vs. strategic leader: What's the difference? Before we dive into embracing a strategic mindset, it's helpful to understand the fundamental differences between an executor and a strategic leader.

CFO 52
article thumbnail

The 2025 State of Financial Automation

Financial automation isn’t the future—it’s the now. BILL partnered with SMB Group to survey 750 US financial decision-makers and reveal how small and midsize businesses (SMBs) are using trends and insights to tackle challenges and drive growth. The responses are eye-opening! Download our 2025 State of Financial Automation report to uncover: Key automation trends for 2025 and beyond Top concerns and attitudes about automation How AI is driving smarter, faster decisions The challenges of the finan

article thumbnail

India looks to match world average for share of women in workforce

CFO News

Proposals under consideration include incentives to create employment, development of the care economy, and enabling easier access to finance to encourage more women to join the labour force, said people aware of the deliberations.

Finance 45
article thumbnail

Benchmarking for success: use these financial metrics to guide your strategy

Cube Software

Key financial metrics for benchmarking Financial metrics are the backbone of strategic planning and decision-making for any finance leader. They provide a quantifiable means to assess your company's financial performance, identify strengths and weaknesses, and set realistic goals.

article thumbnail

What next for GST after seven years of existence?

CFO News

Industry stakeholders want the government to address challenges in audits, implement a robust dispute resolution mechanism, rationalise GST rates, and promote exports by liberalising rules.

article thumbnail

JK Cement Deputy CFO Sumnesh Khandelwal resigns

CFO News

After serving a notice period of 90 days, Khandelwal was relieved from the company on July 1, 2024.

CFO 40
article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

Digital transformation of taxation: How GST is bringing about a technology revolution within the tax function

CFO News

Siddharth Mehta and Prashanth Agarwal, Partners at PwC India, emphasize GST's transformative impact, highlighting technological advancements in compliance, data analytics, and AI, driving a more efficient and transparent tax system.

article thumbnail

Government working on aggregation of CA firms, accounting standards for insurance sector

CFO News

Government and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, and reducing the time for voluntary company closure. ICAI President plans for CA firm aggregation in the near future.

article thumbnail

Sebi approves IPOs of FirstCry, Unicommerce and Gala

CFO News

Sebi approves IPO plans for FirstCry, Unicommerce, and Gala. FirstCry proposes to utilise the net proceeds up to Rs 1816 crore from the offer towards funding the expenditure for setting up new modern stores under the 'BabyHug' brand, setting up a warehouse in India, expenditure for lease payments for the existing identified modern stores owned and operated by the company, in India.

Sales 40
article thumbnail

Hindenburg faces Sebi scrutiny, Kotak Bank dragged in Adani saga

CFO News

Adani-Hindenburg Case: Hindenburg Research's disclosure of suspected violations by India's securities regulator regarding Adani Group's short bet led to minimal gains, highlighting challenges faced by foreign investors under Indian securities rules.

Banking 40
article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

Economy on strong wicket after fiscal first quarter

CFO News

India's economy showed strong first-quarter performance with surging manufacturing activity, robust GST collections, and record-high Sensex, alongside a rise in passenger car sales and new export orders from overseas markets, as highlighted by industry experts and economic indicators.

article thumbnail

Corporates embrace more flexibility amidst the hybrid work model

CFO News

About 30% of occupiers are expected to expand their use of flexible office space over the next 12 months, while 17% are likely to consolidate their offices into fewer locations, CBRE said in its latest ‘2024 India Office Occupier Survey’.

40
article thumbnail

Integrating climate finance into India's economic blueprint

CFO News

Pradeep S. Mehta, Secretary-General of CUTS International, suggested that India's 2024-25 Budget should include dedicated climate finance institutions through public-private partnerships during a webinar on accelerating private investment in climate finance. Mehta stressed the importance of private sector involvement for a sustainable and resilient future, highlighting the need for collaboration, innovation, and commitment.

Finance 40
article thumbnail

This festive season, mission is possible: Companies to stockpile weapons of mass consumption

CFO News

Manufacturers are gearing up for a surge in demand, anticipating a boost in sales for smartphones, refrigerators, wearables, and two-wheelers during the upcoming festive season. The industry is optimistic about growth, especially in rural India, with expectations of exceeding previous sales records.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

CXO-level shifts rearrange top deck at Indian startups

CFO News

The world of startups witnessed a series of top-level movements in the first half of 2024, including Naveen Tahilyani taking the helm as CEO of Tata Digital and the resignation of Surinder Chawla, managing director and chief executive officer of Paytm Payments Bank.

article thumbnail

No guarantee: Jaiprakash Associates recovery may be hard for creditors

CFO News

Bankers said guarantees by chairman Gaur and vice chairman Sunil Kumar Sharma totalling close to Rs 800 crore are of little consequence after nearly seven years since the company was first referred to bankruptcy by the Reserve Bank of India (RBI) in 2017 among the 26 large defaulters of bank loans during that period.

Banking 40
article thumbnail

GST collection grew 12% YoY at Rs 1.61 lakh crore in June: Finance Ministry

CFO News

GST Collection: This was the fourth successive month that GST revenues have been over Rs 1.6 lakh crore mark.

Finance 40
article thumbnail

Budget 2024: Will Modi govt go ahead and cut corporate tax?

CFO News

Tax collections, both direct and indirect, during 2023-24 surpassed, or at least met, the govt's targets. In view of the govt's comfortable fiscal position, various quarters are expecting that a cut in corporate tax rates could be likely.

article thumbnail

The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.

article thumbnail

Record upturn in job creation drives India's manufacturing PMI to 58.3 in June

CFO News

Activity in India's manufacturing sector rebounded last month with an increase in output driven by robust demand, leading to the fastest rate of hiring in over 19 years despite ongoing inflationary pressures, according to a survey.

article thumbnail

Budget 2024: India’s GST kitty remains central focus; a look at overall collection

CFO News

India GST Collection Budget 2024 | Finance Minister Nirmala Sitharaman is set to incorporate robust Goods and Services Tax (GST) collections, hitting Rs 2.1 lakh crore in April 2024, into Union Budget 2024. With May's collections at Rs 1.73 lakh crore, GST continues to streamline, aiding government fiscal strategies amidst economic growth and coalition governance challenges.

article thumbnail

India catching up with China, Vietnam on phone exports

CFO News

India is rapidly narrowing the gap with China and Vietnam in mobile phone exports. In FY24, while mobile phone exports from China and Vietnam declined by 2.78% and 17.6% respectively, Indian exports surged by 40.5%, according to officials citing global trade data. India has captured nearly 50% of the reduction in mobile phone exports from these two countries, aligning with its objective of absorbing a significant portion of the supply chain shift from China.

40