Tue.Oct 08, 2024

article thumbnail

Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff

CFO Talks

Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff In today’s dynamic business environment, finance teams have evolved into diverse groups with different skills, experiences, and perspectives. Managing these multifaceted teams requires a fresh approach, particularly for CFOs who are tasked with not only overseeing financial performance but also ensuring the cohesion and effectiveness of their finance staff.

Finance 98
article thumbnail

Corporate boards, C-suite teams urged to step up tech focus

CFO Dive

The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.

304
304
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

Africa’s Chinese Trade Tie-Up

Global Finance

China continues to dominate trade with the continent. But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit wit

article thumbnail

Small businesses uncertainty hits record high: NFIB

CFO Dive

High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.

307
307
article thumbnail

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

article thumbnail

Data-Driven Policy Decisions: Q&A With Philippines Central Bank Governor Eli Remolona

Global Finance

Global Finance magazine interviewed Philippines Central Bank Governor Eli Remolona, who earned an “A–” grade in the magazine’s 2024 Central Banker Report Cards. Remolona talks about the country’s early decision on cutting rates, its credit growth, and its pursuit of sustainable economic development. Global Finance : What is the Philippines economic growth outlook for 2024-25?

Banking 111

More Trending

article thumbnail

Mauritius At A Crossroads

Global Finance

The winning party in November’s election will need to navigate growing social turmoil as the island nation seeks to become a global financial center. Elections in Africa are often contentious and disruptive to the socioeconomic order. Mauritius has evaded this rocky path and remains a beacon of democracy, hoping to maintain that pattern ahead of general elections on November 30.

Economics 101
article thumbnail

4 ways tech can help CFOs navigate a tricky ESG landscape

CFO Dive

This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.

293
293
article thumbnail

#FASuccess Ep 406: Exiting To A Perpetual Purpose Trust To Facilitate Internal Leadership Succession Without Indebting G2 Advisors, With Michael Kramer

Nerd's Eye View

Welcome everyone! Welcome to the 406th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Michael Kramer. Michael is the manager of Natural Investments, an RIA based in San Francisco, California that has offices across the country, overseeing $1.9 billion in assets under management for 1,300 client households. What's unique about Michael, though, is how his firm used the unique perpetual purpose trust structure to facilitate an internal succession plan, allowing th

article thumbnail

Tinder parent Match promotes SVP to CFO

CFO Dive

Match alum Steven Bailey will step into the company’s CFO seat as it fields demands from activist investors for change, including calls for a potential sale.

CFO 269
article thumbnail

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.

article thumbnail

Global recognition race drives CSR spend on sports, art

CFO News

India Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 2022-23. Education received the highest CSR funds totaling ₹10,085 crore, while health spending decreased to ₹6,830 crore. HDFC Bank was the largest CSR spender.

article thumbnail

BMO empowers equity and innovation in healthcare at Zuckerberg San Francisco General Hospital

Bank of the West

BMO is proud to partner with Zuckerberg San Francisco General Hospital and Trauma Center (ZSFG) in its mission to deliver equitable and innovative healthcare solutions for all. Through our partnership… Read more The post BMO empowers equity and innovation in healthcare at Zuckerberg San Francisco General Hospital appeared first on About BMO.

article thumbnail

Africa’s Tax Deficit

Global Finance

African governments are not collecting enough taxes to fuel their development plans. Ideas for making up the difference abound; implementing them is not so easy. Africa is struggling to change tax structures that fail to bring in sufficient revenue, that leave too many potential taxpayers outside the net, and that allow too much revenue leakage due to corruption.

article thumbnail

How to create a strategic financial plan for your business in 2024

Cube Software

What is a financial plan? A financial plan maps out your business’s current situation and future goals. It’s a living document that usually projects income, expenses, assets, and debts within the context of a broader business plan.

article thumbnail

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.

article thumbnail

Dilemmas And Opportunities In African Climate Finance

Global Finance

Lenders remain cautious about backing risky climate projects. But blended finance deals are helping to open up opportunities in areas like renewable energy. Finding solutions to an ever-expanding climate crisis is a global dilemma, but especially in Africa. Despite contributing just 4% to global greenhouse gas emissions, the continent is disproportionately impacted by global warming.

Finance 59
article thumbnail

1,041: Rethinking How Metrics Can Align with Business Evolution | Josh Schwartz, CFO, Medidata

CFO Thought Leader

By the time Josh Schwartz arrived at Medidata, the life sciences innovation company had found itself entering unfamiliar waters. Having just gone public, the firm was shifting away from being a fast-growing start-up to welcoming life as a more structured, scalable organization. For Schwartz, who initially led revenue recognition, this was the beginning of both personal and professional evolutions that would mirror the company’s own transformation.

CFO 52
article thumbnail

Inflation Warrior: Q&A With National Bank of Denmark Governor Christian Kettel Thomsen

Global Finance

Global Finance magazine interviewed National Bank of Denmark Governor Christian Kettel Thomsen, who was one of only three central bankers in the world to earn an “A+” grade in the magazine’s 2024 Central Banker Report Cards. Thomsen explains how Denmark pushed inflation to 1.5% and answers whether the country’s pharma industry is “too big to fail.” Global Finance: Denmark’s inflation rate has dropped significantly from a high of 10% in late 2022 to stabilizing below 1.5% this year.

Banking 52
article thumbnail

Former Amazon executive's supply chain startup raises $100 mln in funding

CFO News

AUGER-FUNDING/Former Amazon executive's supply chain startup raises $100 mln in funding

article thumbnail

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.

article thumbnail

Transcript: Vincent Aita of Cutter Capital

Barry Ritholtz

The transcript from this week’s, MiB: Vincent Aita of Cutter Capital on the DNA of Biotech Investing , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio. 00:00:15 [Speaker Changed] This week on the podcast, I have another extra spectra

article thumbnail

RBI projects 7.2% GDP growth for 2024-25, flags global uncertainties as risks

CFO News

Forward-looking surveys conducted by the RBI in September 2024 reflect growing consumer confidence and optimism in both the manufacturing and services sectors.

article thumbnail

Staffing firm CFOs say Indian companies need to increase budgets for people management, retaining talent

CFO News

Retaining Talent: They say such strategic investments will enhance talent retention and productivity, and significantly reduce recruitment costs for India Inc.

article thumbnail

Explained: What does RBI's shift to a 'neutral' stance mean and how will it impact rates?

CFO News

If inflation remains under control and growth slows, the neutral stance increases the chances of future rate cuts, which would lower borrowing costs for loans like mortgages, auto loans, and business credit.

40
article thumbnail

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

article thumbnail

Hindenburg Research claims Roblox inflated user metrics, shares drop 7.5%

CFO News

​Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulators about the number of users on its platform.

Numbers 40
article thumbnail

RBI grants white-label ATM licence to Mumbai-based EPS

CFO News

Mumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it the country's fifth white-label ATM operator alongside Tata Communications Payment Solutions, India1 Payments, Hitachi Payment and Vakrangee. The RBI had last issued this licence in 2014 to India1 Payments. Earlier, three other companies had surrendered their licences.

article thumbnail

India Inc gears up for festive season hiring surge for temporary jobs

CFO News

This festive season, hiring executives highlight that businesses are reshaping their workforce to meet evolving consumer demands and promote diversity, while facing potential risks from inflation and geopolitical tensions.

40
article thumbnail

Consumer durables sector can create 500,000 new jobs in India by 2030: Report

CFO News

India's consumer durables sector is set to grow, creating 500,000 new jobs by 2030. This growth is driven by rising domestic demand, sustainability focus, and indigenisation. The market could reach Rs 3 lakh crore by 2029. Incentives for energy-efficient products and online sales expansion are recommended to boost the sector.

Sales 40
article thumbnail

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.