Fri.Oct 18, 2024

article thumbnail

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.

SAP 231
article thumbnail

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.

CFO 208
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

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

article thumbnail

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.

article thumbnail

Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

article thumbnail

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.

More Trending

article thumbnail

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.

52
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

article thumbnail

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

article thumbnail

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.

article thumbnail

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).

article thumbnail

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.

article thumbnail

If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

article thumbnail

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.

article thumbnail

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.

CFO 40
article thumbnail

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.

article thumbnail

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.

article thumbnail

Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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%.

40
article thumbnail

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.

article thumbnail

4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

article thumbnail

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.

article thumbnail

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.

40
article thumbnail

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.

40
article thumbnail

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.

article thumbnail

The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.