Wed.Jan 22, 2025

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How CFOs Can Build Resilient Accounting Operations: Mid-Market Strategies for 2025

E78 Partners

Recent years have taught business leaders an invaluable lesson: operational resilience isn’t just a buzzwordit’s a fundamental requirement for survival and success. For CFOs and financial leaders at mid-market and growing businesses, this reality hits particularly close to home. Your accounting function is no longer just about balancing the books; its about ensuring business continuity, empowering strategic decision-making, and maintaining a competitive edgeeven in the face of unprec

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Evolving tech talent woes call for new ‘cultural’ playbook

CFO Dive

As tech CFOs confront leaner budgets and AI’s impact, creating a strong culture can be a key talent retention tool, Grant Thornton’s Andrea Schulz said.

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Financial alchemy: How CFOs can lead the tech revolution in their organisations

Future CFO

At the FutureCFO Conference series, organised by Cxociety, finance leaders in Indonesia, Malaysia, Singapore, the Philippines and Thailand ranked automation and degitalisation (80%), investing in talent and employee development (58%) and continuous innovation (47%) as the top three strategies most important to sustainable growth in 2024. Source: Data collected during the FutureCFO Conference series in 2024, Cxociety Research Coming into 2025, as finance leaders face mounting pressure to do more

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US economy to ‘remain strong,’ grow 2.3% in 2025: Conference Board

CFO Dive

Several organizations, including the International Monetary Fund, have recently singled out the U.S. as an especially promising economy in 2025.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Scaling a Nonprofit: Lessons from Southside Blooms’ Rapid Growth

The Charity CFO

In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Quilen Blackwell, president and co-founder of Chicago Eco House , to discuss his journey in scaling a nonprofit organization. Blackwell’s story of transforming vacant lots into thriving flower farms offers valuable insights for nonprofit leaders looking to grow their impact.

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Five “Self-Persuasion” Questions To Connect With Prospects Who Say They’re Interested… But Aren’t Moving Forward

Nerd's Eye View

Financial advisors often engage with a variety of prospects, each with unique needs and motivations. Some prospects approach an advisor with an immediate 'problem to be solved', such as a fast-approaching retirement date. These situations often narrow the focus of the prospecting conversation, giving the advisor a clear opportunity to affirm their value (e.g., "I help clients in retirement by doing X, Y, and Z.").

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Birkenstock brings on a new CFO as it pushes DTC strategy

CFO Dive

Ivica Krolo will replace Erik Massmann, who helped guide the footwear brand through its initial public offering a little over a year ago.

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At The Money: Compounding Health & Wealth

Barry Ritholtz

At the Money: Compounding Health and Wealth , with Phil Pearlman (January 22, 2025) We understand how wealth compounds over time, but did you know you can also compound your health? Full transcript below. ~~~ About this weeks guest: Phil Pearlman, is former Chief Behavioral Officer at the Bank of the Ozarks and founder of the Pearl Institute. For more info, see: Personal Bio Professional Site Prime Cuts Newsletter LinkedIn Twitter ~~~ Find all of the previous At the Money episodes here , and i

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Accounting as a Shared Responsibility? Why the Most Effective Nonprofits Share Financial Management Across Leadership Teams

The Charity CFO

Many nonprofit leaders think accounting belongs solely to their CFO or accountant. If youre a particularly small organization, it may even be the CEO who wrangles an accounting spreadsheet every once in a while. But what if the key to financial clarity and stability lies in sharing the load? The truth is, many successful nonprofits empower leaders to manage their own department budgets.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Pathways to leadership in finance

Future CFO

In leading an organisation effectively, one must have a full grasp of the way towards success, value, and innovation. With the world and the market evolving at a rapid pace, it is no question how finance leaders grapple and juggle responsibilities in the department to keep up with the demands and the competition--most of them even now traverse unfamiliar roads and explore new opportunities that rose from challenges of the past as well as from technological advancements.

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Members’ Profile: Henk Bothma

CFO Talks

Members’ Profile: Henk Bothma In this edition of our CFO Spotlight series, we are featuring Johannes Hendrik Bothma, fondly known as Henk. Currently serving as the CEO and Director of Darling Romery (Pty) Ltd and its subsidiaries, Henk has carved a remarkable career path marked by strategic growth, operational excellence, and a commitment to nurturing talent.

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How Orbian is creating flexibility and predictability in supply chain financing

Global Finance

In todays fast-paced and rapidly-changing world, it has become more important than ever for businesses to be agile and adapt to shifting market conditions and dynamics. Supply chain financing is a case in point. Greater flexibility in payment terms and solutions has become increasingly important for buyers navigating challenges from widespread global disruption in recent years.

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WEF Davos summit: Maha govt signs MoU with RIL for Rs 3.05 lakh cr investment

CFO News

The Maharashtra government and Reliance Industries on Wednesday at the slide lines of the World Economic Forum summit at Davos signed a MoU with an investment of Rs 3,05,000 crore with over 3,00,000 employment opportunities across diverse sectors, including new energy, retail, hospitality, and high-tech manufacturing.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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HDFC CFO says margins to stabilise as customer preferences shift back to CASA

CFO News

Over the last two or three cycles spanning ten years, weve observed that customers eventually move back to CASA deposits as rate cycles normalise. This shift will help us maintain stable NIMs compared to the industry, as our duration and positioning are tightly managed, said Srinivasan Vaidyanathan, CFO of HDFC Bank, further discussing that steady deposit growth, retail loan opportunities, and asset quality provides comfort.

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RBI expected to transfer another bumper payout to govt, analysts say

CFO News

India's central bank is likely to make a substantial dividend payout to the government, estimated at up to 2 trillion rupees, following interventions to support the rupee. This windfall comes as the government looks to offset weak tax revenues and sluggish private investment. The Reserve Bank of India's dollar sales have been profitable due to previously lower acquisition rates.

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Bid amount exceeds RBI offer for 1st time in daily VRR auction

CFO News

On Wednesday, the Reserve Bank of India (RBI) received bids worth Rs 1.72 lakh crore, 38% higher than the notified amount of Rs 1.25 lakh crore, in the daily Variable Rate Repo (VRR) auction. The surge in bids was driven by higher GST outflows and liquidity pressures. The RBI will inject Rs 1.25 lakh crore on Thursday.

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Bharat Petroleum Corp sees March Russian oil intake down 20% as it awaits offers

CFO News

India's Bharat Petroleum Corp projects a decline in Russian oil processing to 20% in March from 31% in February due to unclear supply conditions. The company copes by sourcing alternatives and expanding tenders, as state refiners face disruptions from sanctions affecting Russian oil and tanker availability.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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India is in the middle of a cyclical slowdown; Nifty earning growth in FY25 to be slowest post Covid: Pankaj Murarka

CFO News

India is facing a cyclical economic slowdown with growth predicted at 6.5% this year, down from 8% in FY24. Pankaj Murarka, CIO of Renaissance Investment, sees modest recovery ahead and the slowest earnings growth for Nifty Index companies in five years at about 8-9%. He is shifting investments from engineering and capital goods to private sector financials and IT.

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Work-life imbalance: Employee stress keeps India Inc on the edge

CFO News

Amid demands for longer work hours, India Inc faces a surge in mental health issues, with 90% of employees under 25 experiencing anxiety. Mental health concerns now rank second in employee counselling requests, with a significant need for manager training. The report highlights increased counselling uptake, especially among men, and stresses support for employees' families.

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Nine in 10 employees under 25 in counselling showed signs of anxiety : 1to1help

CFO News

India Inc is grappling with increasing mental health issues among employees, especially those under 25. A report highlights the need for structured support, manager training, and extension of wellbeing assistance to families. Counselling uptake has risen, particularly among men, reflecting financial anxieties.

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Life insurance companies challenge GST exemption for term policies

CFO News

Life insurance companies are petitioning to avoid the exemption of term insurance policies from the GST levy. They argue that doing so will increase costs due to the loss of input tax credit. The companies suggest maintaining at least 12% GST or reducing the rate of insurance commission services to offset costs. The ministerial panel is reviewing the issue.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Dry fruits body NDFC seeks import duty rationalisation, lower GST in Budget

CFO News

Currently, India relies heavily on walnut imports from Chile and the USA to meet domestic demand.

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CBDT: No Lens on investments under old tax treaties

CFO News

The CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under tax treaties with Mauritius, Cyprus, and Singapore are not affected. This provides investors relief, as existing grandfathering provisions will be respected. The amended treaty is expected to take effect from April 1, 2025.

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RBI MPC member Nagesh Kumar advocates two inflation rates for better policy making

CFO News

RBI Monetary Policy Committee member Nagesh Kumar suggests having two inflation ratesone including food prices and the other withoutto enhance policy decisions. Chief Economic Advisor advocates for excluding food inflation in rate setting, highlighting factors like seasonal demand-supply mismatches. Indias growth prospects for FY26 remain optimistic.

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Esop tax rationalisation tops budget wishlist of VCs, startups

CFO News

With the Union Budget around the corner, startups and venture capital firms are readying a wishlist from the government. The industry has sought rationalisation of the tax regime covering the employee stock ownership plan (Esop). Currently, Esops are taxed twiceas income tax when exercised and another when employees sell it, as capital gains tax.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g