Fri.Oct 18, 2024

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How SAP Implementation Services Can Help

Navigator SAP

Growing businesses need the tools and processes in place to support growth. A key component of enabling growth is having an ERP solution in place that supports not only where a business is today, but also where the business will be in five years. This process of getting the right system in place is a lot smoother with the help of SAP implementation services.

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EY, PwC voice cautious support for 120-credit hour CPA licensure

CFO Dive

The Big Four accounting firms are now all signalling varied degrees of support for a CPA licensure option that would require 30 fewer college credit hours.

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Weekend Reading For Financial Planners (October 19–20)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that Charles Schwab has revealed changes to its technology offerings in the wake of its merger with TD Ameritrade, bringing over several popular TD tools, including portfolio rebalancing tool iRebal, its Model Market Center model management service, and its trading platform thinkpipes, likely in an effort to keep former TD users (many of whom were accustomed to this software) o

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Ex-Tyson CFO pleads guilty to drunk driving

CFO Dive

The son of the company’s chairman and ex-CFO plead guilty to charges stemming from his second alcohol-related arrest in two years.

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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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A work of heart: Isabelle Ouellette’s decade of dedication and inclusive hospitality

Bank of the West

Creating a welcoming hospitality experience goes beyond great food and excellent service – it’s about the people who make it happen. For over a decade, Isabelle Ouellette has been an… Read more The post A work of heart: Isabelle Ouellette’s decade of dedication and inclusive hospitality appeared first on About BMO.

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MiB: Brian Higgins, King Street

Barry Ritholtz

This week, we speak with Brian Higgins , co-founder, managing partner and co-portfolio manager of King Street. Higgins focuses on handling distressed securities, real estate investments and credit. He is chair of the Management Committee, Global Investment Committee, Real Estate Investment Committee, and is a member of the Risk Committee and Operating Committee.

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Finastra launches treasury solution at LPBank

Future CFO

Finastra launched its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank), in a bid to modernise the lender's treasury management operations and capabilities. The solution, which offers powerful risk analytics, trade processing, position management, and real-time risk coverage, enable high-volume treasury trading while supporting complex derivatives, options, and structured transactions.

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Simplifying digital business partnering with JedoxAI in the 2024.2 platform update

Jedox Finance

In today’s fast-paced business world, gaining real-time insights into financial and operational data is essential for driving and sustaining success. With the Jedox 2024 Autumn Major Upgrade, digital business partnering takes a leap forward with the power of JedoxAI, making it easier than ever before to access, analyze, and act on key performance indicators (KPIs) across your organization.

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Supercharging one key market is crucial to India’s $5 trillion goals

CFO News

Infrastructure investments: India's quest to double its 47 trillion rupee corporate bond market, essential for reaching a $5 trillion economy, faces hurdles due to strict investment regulations. Despite recent reforms to boost liquidity and attract retail investors, infrastructure funding largely relies on loans, highlighting the need for market expansion.

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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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Breaking up Big Tech: Cui Bono?

Musings on Markets

In a court filing on October 9, 2024, the US Department of Justice (DOJ) let it be known that it was considering a break-up of Alphabet, with the addendum that it would also be pushing for the company to share the data it collects across its multiple platforms with competitors. There is many a slip between the cup and the lip, and it is entirely possible that these are threats designed to extract more concessions from the company, but the break-up talk is a continuation of a debate about the pow

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Transforming Finance: How innovation and technology are redefining roles and fueling growth

CFO News

Rupesh Agrawal, CFO of PL Capital – Prabhudas Lilladher, highlights in this article how technology and innovation are transforming finance roles from traditional bookkeeping to strategic partnerships, driving organizational growth and responding to market dynamics.

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World sees India as a trusted partner to do business with: Piyush Goyal

CFO News

Inflation is under control, foreign exchange reserves have crossed $700 billion, the country is recording healthy economic growth rates and is the most preferred investment destination, Goyal said at an event organised by Society for Human Resource Management (SHRM).

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Private equity and venture capital bets fall 40% to USD 8.8 billion in Q2: Report

CFO News

Private equity and venture capital investments fell by 40 per cent to USD 8.8 billion in the September quarter. Despite a 26 per cent increase in the number of deals, geopolitical tensions have led to investment caution. Large deals above USD 100 million halved to 21. Funds raised for future investments also dropped by 37 per cent.

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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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India poised to be third largest global economy by 2030, rising population presents challenges, says S&P

CFO News

India is set to become the third largest global economy by 2030, driven by rapid growth as the fastest-growing major economy. With its 2024 entry into JP Morgan's Government Emerging Market Bond Index, India will see increased government funding. However, population growth presents significant challenges in basic service coverage and investment needs.

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Sage Therapeutics' CFO to leave, drugmaker to lay off over 165 employees

CFO News

Sage's Chief Financial Officer Kimi Iguchi will leave the company, while Chief Business Officer Chris Benecchi will take on the role of chief operating officer, the company said.

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Gati Shakti Digital twin will work for both greenfield and brownfield projects

CFO News

​“PM Gati Shakti Master Plan is a geospatial platform, which has data about the infrastructure assets in the country. In addition to that it has data related to any asset and its attributes as major infrastructure assets have been mapped through geospatial coordinates,” Surendra Ahirwar, Joint Secretary, Logistics & Trade , Ministry of Commerce & Industry told ET Infra.

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PM Kaushal Vikas Yojana 4.0: Training track set for 1 million workers to run key schemes

CFO News

India is set to train one million workers under the Pradhan Mantri Kaushal Vikas Yojana 4.0 over the next two years to meet the demands of government schemes across various ministries. Training and certification aim to fast-track skills development and create a skilled workforce for new-age technologies and government initiatives.

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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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JSW Steel-JFE JV to acquire Thyssenkrupp Co for Rs 4kcr

CFO News

JSW Steel and JFE Steel Corp's joint venture acquires Thyssenkrupp Electrical Steel India for ₹4,051.40 crore, including technology transfer. The acquisition provides market access for grain-oriented electrical steel, used in transformers and generators, manufactured at TKES India's Nashik plant. JSW Steel foresees rapid market growth in this sector.

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Zee files settlement application with Sebi over alleged lapses

CFO News

Zee Entertainment Enterprises has sought a settlement with SEBI to resolve investigations into alleged corporate governance lapses and financial irregularities. The company aims to close the probe by paying a fine or taking corrective actions, while maintaining investor confidence without admitting or denying the allegations.

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Tata Consumer Q2 Results: Cons PAT jumps 8% YoY to Rs 364 crore, beats estimates

CFO News

Tata Consumer Q2 Results: The profit after tax was above ET Now poll estimates of Rs 314 crore. The company reported quarterly revenue of Rs 4,214 crore, a 13% increase from Rs 3,734 crore in the same period last year. The India Beverages segment grew 3%, despite a 4% decline in tea volumes, while India Foods revenue rose 28% (9% organic). Overall volume growth was 1%.

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Quick commerce’s burning brighter as players add more fuel

CFO News

Zomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick commerce sector, with some viewing it as a strategic move to overshadow Swiggy's impending IPO. The slug of capital that will be needed to sustain growth in the high-burn quick commerce sector is resembling the trajectory of ecommerce a decade ago.

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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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RBI not police; maintains tight vigil on financial market and takes action when necessary: RBI Guv

CFO News

"No.we are not policemen. We are watching. We are watching very closely. We maintain vigil over the credit markets and.when it becomes necessary, we take action," he said at the India Credit Forum hosted by Bloomberg.

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Ratan Tata trusted friend, half-sisters to execute his will

CFO News

Ratan Tata, who passed away on October 9 at 86, named lawyer Darius Khambata, friend Mehli Mistry, and half-sisters Shireen and Deanna Jejeebhoy as executors of his will. Mistry, a close confidante and trustee of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, plays a significant role in managing the Tata Group's charitable endeavors.

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Panels on GST rate rationalisation, cutting tax on insurance premium to meet on Saturday

CFO News

The GST Council's ministerial panels will meet on October 19 to discuss reducing the 18 per cent GST on health and life insurance premiums. They will also consider GST rate rationalisation, including merging 12 and 18 per cent slabs, and reallocating items into lower tax brackets. The GoM will submit their report by the end of the month.

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DICABS names Vinod Jain as CFO

CFO News

Vinod Jain, a Chartered Accountant, brings over 30 years of experience across multiple industries. His career includes finance roles such as financial operations, securing funding, managing greenfield projects, and leading business and financial restructuring, along with technology-driven initiatives.

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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.