Tue.Dec 12, 2023

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How AI is raising the bar for CFO budget planning

CFO Dive

AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.

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What is Manufacturing Resource Planning and Why SMEs Need It

Navigator SAP

Manufacturing resource planning is all about resource planning and management. An MRP system identifies needed materials, estimates quantities required, calculates when materials will be required to meet production schedules, and manages delivery timing. MRP is essential software for most businesses that run efficiently, and this is why it is widely used by manufacturers, restaurants, consumer products firms and even professional service organizations.

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Trending Sources

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Cybersecurity pressures stretch CFOs

CFO Dive

CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.

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ERP and MES Integrations Demonstrate the Power of Industry 4.0 for Manufacturing

Navigator SAP

Every day you probably see stories about how artificial intelligence will change the world. But artificial intelligence and technologies such as the Industrial Internet of Things (IIoT) already are changing the world of business right now. The transition just is a slow one, taking place one company at a time. Industry 4.0 is the broad term for today’s technologies applied to the manufacturing space.

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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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Core inflation edges up, spotlighting Fed’s bumpy path to stable prices

CFO Dive

Traders in interest rate futures shook off the core CPI data, predicting that the Fed will leave the main interest rate unchanged on Wednesday after a two-day meeting.

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More Trending

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Spotify, Lucid CFO exits signal broader ‘changing of the guards’

CFO Dive

Some year-end C-suite job churn is normal. But this year executive recruiters say they’re seeing more than usual.

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India's retail Inflation surges to 5.5 per cent in November, driven by sharp rise in food prices

CFO News

India's retail inflation rose to 5.5 per cent in November, driven by increased food prices, marking the 50th consecutive month above the 4 per cent target.

Retail 105
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U.S. inflation rose 0.1% in November, at bit higher than expected

Tips Watch

TIPS principal balances will fall 0.2% in January, based on non-seasonally adjusted inflation. By David Enna, Tipswatch.com Costs of shelter continued rising in November, offsetting declines in gas prices, resulting in seasonally-adjusted all-items inflation of 0.

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IPO-bound OYO elevates Rakesh Kumar as CFO

CFO News

OYO has confirmed in a statement that Abhishek Gupta, the current CFO, will continue with the company in an advisory and mentorship capacity.

CFO 105
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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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959: A CFO Role as Broad as Space Is Wide | Mark Seidel, CFO, True Anomaly

CFO Thought Leader

If Mark Seidel had told us that he had spent many of his high school evenings peering through a telescope at the stars, we would have likely believed him. However, Seidel—CFO of space security start-up True Anomaly—swiftly short circuits the familiar narrative of a space-loving youth. Instead, he draws our attention to his early entrepreneurial endeavors on eBay (he achieved power selling status while in high school), and, as for his finance career, he tells us that he has long preferred not to

CFO 52
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Adani Group has the capacity to invest Rs 20 lakh crore but vendor pool not there, says its CFO

CFO News

Adani Group: The group will invest Rs 80 lakh crore in a 45-year period if it runs and develops its infrastructure properly.

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The role of AI, ML in expense management

Future CFO

The role of artificial intelligence (AI) and machine learning (ML) in the organisation has expanded significantly, with the changes taking place in the corporate travel and expense space being particularly notable. AI is all about making computers think more like we do, and ML is a subset of AI which uses algorithms that ‘teach’ systems to process impossibly huge amounts of data.

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No retrospective effect of benami deal law, says HC

CFO News

The Bombay HC quashed a 2021 complaint and court summons against NCP leader and minister Chhagan Bhujbal, his son Pankaj and nephew Sameer Bhujbal regarding alleged benami assets held by three companies. The I-T department had invoked a law meant to curb benami transactions alleging properties including one in Mumbai and sugar mills in Nashik were held through a maze of holdings for the Bhujbals.

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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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Global business travel forecasts for 2024

Future CFO

When it comes to global business travel forecasts for 2024, the good news is that airfares look set to stabilise across key routes around the world, said B2B travel platform American Express Global Business Travel (Amex GBT) recently when releasing its Air Monitor 2024 report. Having taken account of a range of influencing factors, including airline capacity, local inflation, foreign exchange, and fuel surcharges, Amex GB T noted that airfare fluctuations reveal mixed trends across all regions—w

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Indian consumer tech market will grow three times to $300 billion by 2027: reports

CFO News

A joint report by consulting firm Bain & Company and ecommerce major Flipkart said the online retail industry will likely return to annual growth of between 23% and 25% through 2028.

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What are consolidated P&L statements?

Centage

When it comes to analyzing a company’s financial health, one of the most important documents to look at is the consolidated profit and loss statement (often called a P&L, P and L, or P&L statement). The consolidated P&L statement provides a comprehensive overview of a company’s revenues, expenses, and profits over a specific time period.

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Pyramid scheme launches climb to highest in 5 years

CFO News

India saw the highest number of multi-level-marketing pyramid schemes launched in five years in 2023, according to Strategy India, a policy, compliance and direct-selling consultancy. These schemes, based on money-circulation networks, pay existing investors with funds collected from new ones instead of profits. Many remain unchecked by taking advantage of loopholes in existing consumer protection laws.

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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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Best AI Finance News Sites

The Finance Weekly

Artificial intelligence (AI) is quickly progressing and becoming a bigger part of our everyday lives. Professionals, researchers, and enthusiasts must keep informed about the ,, latest AI news , especially in finance. Luckily, many websites offer in-depth coverage of the newest AI trends. In this article, we'll check out some of the best AI finance news sites to stay informed.

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Shriram Finance to tap ABS route to raise $500 million overseas

CFO News

The non-banking financial company (NBFC) plans to securitise part of its loan portfolio and then sell it to international investors, with major global banks set to meet investors in Hong Kong and Singapore this week to arrange the transaction, said people with knowledge of the matter.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train reads: • How four different types of stock market participants are thinking about 2024 : Financial pros are bullish, but consumers not so much. ( TKer ) see also When Bond Yields Dropped, the Everything Rally Kicked Off : Stocks, bonds, crypto and gold are surging, sparking worries of a fleeting sugar high ( Wall Street Journal ) • ESG Critics Ultimately May Help Improve the Strategies : Subjective and arbitrary decisions do affect ESG rankings — but ongoing ch

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No GST dues pending, some states have not submitted AG's report: Nirmala Sitharaman

CFO News

The Centre denies pending GST dues from states, stating that some states have not submitted AG's authenticated certificate for fund release. Finance minister Nirmala Sitharaman clarifies that the narrative of pending GST dues from the Centre is incorrect and highlights the importance of the AG's certification. She specifically mentions states like Goa and West Bengal that have not submitted AG's reports.

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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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FocusCFO Begins a Strategic Partnership with Exit Planning Institute

Focus CFO

FocusCFO announces it is now a Strategic Partner for Exit Planning Institute. This partnership offers a valuable collaboration for exit planning advisors.

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Hiring for entry-level, junior white-collar jobs to rebound in March quarter

CFO News

Sectors that are likely to drive new job creation include healthcare and pharmaceuticals, electric vehicles, infrastructure. Consumer and retail companies will see a resurgence in the March quarter from muted demand in semi-urban and rural areas in the festive season in the December quarter.

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Watch: FP&A solutions for multiple P&Ls & locations (Webinar)

Centage

Expansions are exciting, a reason to celebrate… but they also mean more work for the office of finance. Errors multiply and time is wasted when Excel is the only software you’re using for a business that reaches a certain level of complexity – like multiple locations with separate P&Ls. Many of our customers reached a breaking point with Excel when their business added a new location or entity.

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Amendments in SEZ Act to benefit commercial office leasing

CFO News

Flexibility to demarcate part area without significant cost implications is a positive. The changes made to the Special Economic Zones Act, 2005 (SEZ Act) on December 6, 2023, by the Department of Commerce, are anticipated to greatly decrease the vacant office spaces in major cities of India due to increased leasing activities.

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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.