Mon.Dec 23, 2024

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The Essential Nature of Strategic Financial Planning for Tech Startups

CFO Plans

In the fast-paced world of tech startups, strategic financial planning isn’t just beneficialit’s crucial. As these ambitious companies aim to scale operations, a solid financial strategy becomes the cornerstone for sustainable growth. Start Your Financial Transformation Today with expert guidance from CFO Plans. This article delves into how tech startups can navigate financial complexities, leveraging the strategic insights of a Chief Financial Officer (CFO) and other vital financial

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SAP Introduces AI Copilot Joule to SAP S/4HANA Cloud and Supply Chain Management Application

Navigator SAP

SAP has announced the integration of its AI copilot, Joule , into SAP S/4HANA Cloud Public Edition and supply chain management applications, enhancing user interaction and operational efficiency. In SAP S/4HANA Cloud Public Edition , Joule streamlines tasks by enabling quick navigation, providing instant insights into business data, and offering guidance through relevant enablement content.

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KPIs You Should Be Tracking in a Nonprofit

The Charity CFO

Successful nonprofits and for-profit businesses alike use a variety of key performance indicators (KPIs) to help track their organizations performance. This guide will explore some of the most common nonprofit KPIsincluding how to calculate themto help you pick the right KPIs for your nonprofit. Understanding the Importance of Nonprofit KPIs KPIs are vital tools that help measure processes, evaluate effectiveness, and guide data-driven decisions.

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2024 Highlights – The Top 24 Nerd’s Eye View Blog Posts You Might Have Missed

Nerd's Eye View

As 2024 comes to a close, it is a time of reflection on the year… and leaves me so thankful once again to all of you, the ever-growing number of readers who continue to regularly visit this Nerd's Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). We recognize (and appreciate!) that this blog – its articles and podcasts – is a regular habit for tens of thousands of advisors… and that the sheer length of our articles and p

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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The Difference Between Traditional Payroll and a PEO for Nonprofits

The Charity CFO

As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. When it comes to managing your organization’s workforce, you have two primary options: traditional payroll services or a Professional Employer Organization (PEO). No matter which direction you end up going, its crucial to understand the importance of payroll compliance.

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AI in Finance: How CFOs are evolving beyond automation and driving strategy in 2025

Cube Software

Understanding AI and Machine Learning in Finance Definition of AI in Finance AI in finance means using technology to take on tasks like analyzing data, spotting patterns, and making decisionsthings that usually require human intelligence.

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Expected decline in food prices in January could increase odds of rate cut in Feb: ICICI Bank

CFO News

The Reserve Bank of India's Monetary Policy Committee may consider a rate cut in February if food inflation declines in January. Lower food prices could support economic growth, with some members advocating for easing rates. Meanwhile, the Indian rupee faces depreciation pressure due to a strong US dollar.

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Hana Bank’s Head Of FX & Derivatives Sales On Navigating Global Tensions

Global Finance

Young Kyu Kim, head of FX & Derivatives Sales at Hana Bank, discusses FX management in Asia going into2025 amid escalating US-China tensions. Global Finance : While geopolitics is arguably the number one concern of corporates in the US and Europe, what is currently keeping Asian corporates up at night when it comes to FX markets? Young Kyu Kim : Geopolitics is also a growing concern for Asian companies.

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India's savings rate shoots past global average: SBI report

CFO News

India's savings rate has surpassed the global average as financial inclusion has shot up in the country with over 80 per cent adults now having formal financial accounts, according to an SBI report released on Monday.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Razorpay celebrates 10th anniversary with Rs 1 Lakh ESOP grant for every employee

CFO News

Razorpay, a payment and banking platform for businesses, celebrates its 10th anniversary by granting Rs 1 Lakh in ESOPs to each current employee. This marks the latest in a series of ESOP buybacks, highlighting the companys ongoing efforts to provide liquidity and reward employee contributions.

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Government warns mobile users of RBI credit card call scam

CFO News

A fraudulent call is impersonating the Reserve Bank of India, warning that bank accounts will be blocked due to alleged credit card fraud. PIB Fact Check confirms these voicemails are fake and advises people to ignore them and stay vigilant. Tips are provided to help users avoid falling victim to such scams.

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Fund mobilisation by Indian companies surged 10 times over last ten years: Report

CFO News

Fund mobilisation by Indian companies grew tenfold over the last ten years, rising from Rs 12,068 crore in 2014 to Rs 1.21 lakh crore in FY25. Increased household participation and higher market capitalization reflect a robust economy and strong investor confidence. Savings in shares and debentures have also significantly increased, indicating higher household contributions to the economy.

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Indian IT hiring: 2025 promises rebound; AI/data science roles to dominate job market

CFO News

The Indian IT hiring sector is expected to recover in 2025 after a decline in 2024. The focus will be on specialised skills like AI and data science. Job opportunities in Tier 2 cities are rising. Companies are likely to invest in upskilling their workforce. Significant growth in job opportunities across various sectors is predicted.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Govt weighs junking customs relief in 'Make in India' push

CFO News

Make In India: The exercise is also being carried in the backdrop of plans to increase India's share in global value chains.

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$3.1 billion Vishal windfall for PE partners in IPO : Biggest capital gains for a PE in India

CFO News

Vishal Mega Mart IPO: Return on 6-year-old investment is over 50%higher than 2nd-most profitable deal in India, little short of Tiger Global's blockbuster Flipkart bet

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Work starts on $2-billion Tata Capital IPO

CFO News

The conglomerate recently gave Kotak Investment Banking officials the go-ahead to commence the process after a meeting, they said. It plans to appoint additional bankers by January, they added.

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Reliance Retail starts test launch of Shein labels on Ajio platform

CFO News

Reliance Retail is testing sales of Shein's casual women's westernwear on its Ajio platform. Despite Shein's ban in 2020, a partnership allows sales to resume domestically, abiding by government regulations. Shein will rival brands like Zudio and Myntra in the lucrative, growing Indian fast fashion market.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Coforge, Cigniti forge ahead with proposed merger

CFO News

Coforge and Cigniti Technologies are progressing towards a merger, with EY and Axis Capital preparing terms for shareholder approval. Coforge plans to absorb Cigniti, with shareholders receiving Coforge shares based on a determined swap ratio. Coforge's market value has doubled recently, and the acquisition aims to leverage synergy in client locations.

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2024 exposed the underbelly of India's Silicon Valley

CFO News

Bengaluru, India's tech hub, faced a severe water crisis this summer due to a poor monsoon season and depleted groundwater. Residents relied on expensive water tankers, and fines were imposed for non-essential water use. The city's rapid, unplanned growth, including a 1,055% increase in built-up area, has led to a 70% decrease in water surface area, exacerbating the problem.

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China's top TV company plans to buy 26% stake in Indian contract manufacturer Epack Durable's subsidiary

CFO News

Hisense Group is planning to acquire up to 26% stake in Epack Durable's subsidiary for establishing a large appliance manufacturing facility in Andhra Pradesh. The deal follows India's encouragement for Chinese companies to partner locally, requiring multi-department clearance under FDI norms.

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Gucci in Gwalior, Rolex in Nagpur: Luxury finds its way to India’s smaller cities

CFO News

Luxury brands like Gucci and Louis Vuitton are witnessing increased sales in India's non-metro cities due to e-commerce and travel retail expansion. High-end consumption patterns are emerging in tier 2 and 3 locations like Ajmer, Surat, and Kochi, demonstrating rising affluence and spending capacity among consumers.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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US consumer confidence deteriorates in December

CFO News

US consumer confidence dropped unexpectedly in December, falling to 104.7 from 112.8 in November, as concerns about future business conditions grew. While consumer views on the labor market improved, their outlook on business conditions weakened, according to the Conference Board. Economists had forecast a rise to 113.3.

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Infosys' former CFO Mohandas Pai calls out ‘biggest’ salary disparity in IT companies in India: Rs 3.2 lakh in 2011 to Rs 3.75 lakh in 2024

CFO News

Mohandas Pai criticizes India's corporate sector for widening wage disparity. Executive salaries have surged while fresher salaries stagnated at a mere 15% increase over 13 years. Pai calls for fairer compensation, especially for entry-level and contract workers, citing continued profitability despite automation.

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Car companies may hit road to robust sales next year

CFO News

India's passenger vehicle sales are projected to rise 5% in 2025. Government spending, improved monsoon season, and positive rural sentiment are driving this growth. Demand for entry-level cars is anticipated to increase. Two-wheeler sales show an upward trend. The Indian economy is expected to grow by 6.7% in fiscal year 2026.

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After squeeze in urban demand, FMCG industry expects consumption revival in 2025

CFO News

India's FMCG sector expects a 2025 rebound. 2024 brought high costs and inflation, slowing growth. Easing food prices and government spending offer hope. Premium products and quick commerce are gaining traction. Companies are innovating and adapting to changing consumer behavior. Rural demand is steady, and urban demand is projected to recover.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.