Wed.Jun 26, 2024

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Destination Digital 2024: How BMO innovators are shaping the future of banking

Bank of the West

The energy and anticipation were palpable at a recent gathering of hundreds of curious thinkers, aligned with a central purpose: to collaborate, ideate and help shape the future of banking. More… Read more The post Destination Digital 2024: How BMO innovators are shaping the future of banking appeared first on About BMO.

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Trump’s 10% tariff would annually harm households by at least $1,700: AAF

CFO Dive

Damage from a sweeping tariff would spread beyond the U.S., “threatening key relationships with allies and inviting a global trade war,” AAF said.

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Evolving CFOs: succeeding amid tech changes

Future CFO

Here and there, the business world witnesses changes around various sectors and organisational functions, hence it is no surprise how Finance undergoes several transformation to keep up with the pace, making way to evolving chief financial officers. In a recent Gartner CFO and finance executive conference, it was revealed that accelerated enterprise artificial intelligence spending and adoption is on the horizon, and CFOs will be responsible for effectively managing the costs and common prob

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HP taps former JP Morgan executive as CFO

CFO Dive

The transition comes as the tech giant is focused on recovering from sagging sales after heightened demand during the COVID-19 pandemic.

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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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529-To-Roth IRA Rollovers: Taking Advantage Of The New Option To Move Education Savings To Retirement Savings

Nerd's Eye View

Traditionally, the challenge in using a 529 plan to save for higher education expenses has been figuring out how much to save to cover the beneficiary's college costs without overshooting and saving more in the 529 plan than is actually needed. Because while 529 plans' combination of tax-deferred growth on invested funds and tax-free withdrawals for qualified education expenses (plus many state-level tax deductions or credits on 529 plan contributions) make it a powerful savings vehicle for coll

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BMO recognized – again! – as Best Private Bank and Retail Bank in Canada, and Best Commercial Bank in US and Canada

Bank of the West

Recognition means we’re on the right path. So we’re proud to announce that BMO has been named Best Private Bank in Canada (14th consecutive year), Best Retail Bank in Canada… Read more The post BMO recognized – again! – as Best Private Bank and Retail Bank in Canada, and Best Commercial Bank in US and Canada appeared first on About BMO.

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FASB sets compliance clock for new expense disclosure rules

CFO Dive

Compiling data to comply will take “quite a bit of company resources,” said Nicole Wright, an associate professor of accounting at James Madison University.

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WEBINAR: Actionable M&A Integration Practices to Accelerate Deal Value

E78 Partners

Looking to refine your approach to M&A integration and drive better results in upcoming acquisitions? E78 industry leaders Scott Whitaker and Stefan Hofmeyer compiled valuable insights through their extensive experience across a wide spectrum of transactions. Every transaction is unique, but certain best practices consistently have a positive impact on deal value during the integration phase.

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City of Milwaukee officially declares “BMO Empower Day” at Summerfest

Bank of the West

Every year, Summerfest comes to the city of Milwaukee, turning the lakefront area into a hub for music, entertainment and empowerment. BMO has been a proud sponsor for over 15… Read more The post City of Milwaukee officially declares “BMO Empower Day” at Summerfest appeared first on About BMO.

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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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A perfect pairing: How to create a great relationship between HR & finance

Cube Software

HR and Finance: Where do they intersect? To build a great partnership between HR and Finance, it's essential to understand what each department brings to the table. While they have different focuses, their roles are deeply interconnected.

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A Modern Nonprofit Podcast: How to Leverage Marketing

The Charity CFO

On today’s episode Tosha brings on guest Dana Snyder. Dana is the host of Missions to Movements and she is also the creator of the monthly Giving Mastermind. Dana and Tosha’s conversation today will focus on digital marketing and how this tool can be leveraged, especially in nonprofit organizations, to assist in fundraising. Marketing is a fun game in the business world.

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How a Fractional CFO Helped PrecisionPoint Achieve a Successful Exit

Focus CFO

Mark Hanna had a profitable business, but something was missing. A chance coffee shop encounter led him to FocusCFO – and the strategic financial expertise he needed to help scale the business and achieve a successful exit. His Fractional CFO, Curt Wible, gave him top-tier financial leadership at a fraction of the cost of a full-time, traditional CFO.

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Funds circling India debt risk being tripped Up by red tape

CFO News

China's tax exemptions on bond investments set a precedent for India's sovereign debt market, likely attracting more foreign investors. The hurdles faced by outsiders in accessing the market include lengthy documentation, tax treaty variances impacting returns, and the need for registration via custodian banks for trading in certain bonds.

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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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Big 4’s management consulting arms gain muscle

CFO News

The management consulting business has been growing 25-30% for all firms in the last two years. At the Big Four, the total number of partners engaged in strategy, operations, and the top end of digital advisory — areas typically dominated by firms like McKinsey, BCG and Bain — stands close to 300, with consultant numbers at 5,500-6,000. However, the varying number of digital consultants each firm adds to management consulting complicates direct comparisons.

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President Murmu addresses joint session of Parliament: Key highlights

CFO News

President Droupadi Murmu addressed the joint session of Parliament on Thursday, congratulating new MPs and emphasizing the mandate given to the Modi government for a third term. She also praised the high voter turnout in Jammu and Kashmir and lauded the Election Commission's efforts.

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PLI scheme to be extended to garments sector: Textiles Minister

CFO News

The PLI scheme has been a huge success in the electronics sector with India’s production of electronic goods such as smartphones shooting up and even emerging as a major item in the export basket.

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Departments advised against blanket approval of Chinese FDI

CFO News

There must be review and monitoring, including through robust IT tools and databases, when it comes to FDI from countries of concern, highly placed sources told ET. Once a system is in place, disposal of cases should take place through a time-bound mechanism, sources pointed out.

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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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Five-yr extension expected for export credit scheme

CFO News

India is expected to extend a key support scheme for export credit to boost its export sector, which has been hit hard by a slowdown in developed countries. The commerce and industry ministry has proposed an extension of the interest equalisation scheme beyond June 30, providing a 3% benefit for manufacturer micro, small and medium enterprises (MSME) and a 2% incentive for exporters of 410 identified tariff lines.

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Ecom Express sets the ball rolling for Rs 3,000-crore IPO

CFO News

Third-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the development told ET. The Warburg Pincus-backed company has appointed bankers Kotak Capital, IIFL, Axis Capital, and UBS to take forward the process.

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Aris Infra plans to raise Rs 600-700 crore via IPO

CFO News

Aris Infra, a Mumbai company using technology to streamline construction material procurement, is planning an IPO to raise Rs 600-700 crore. The company has attracted investment from prominent individuals and prestigious financial institutions including Think Investments, TPG Capital, Temasek, and BlackRock.

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Coke is still a challenger brand in India and that mindset helps: John Murphy, Global President, Coca-Cola

CFO News

"India is a good example. Today we talk about the opportunity in India, brand Coca-Cola is still a challenger brand in India. And it's - one of the hardest tasks we have is to take on." the beverages maker's global president and chief financial officer, John Murphy, said at a recent consumer conference in Paris.

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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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Indian job market likely to get busy and bustling

CFO News

The Indian job market is expected to witness a notable increase in workforce expansion. The projected growth for H1 FY25 (April-September) indicates a significant rise to 6.33%, compared to around 4.2% in H2 FY24 (October-March). This expansion in the workforce serves as a crucial indicator reflecting economic growth, business confidence, and organizational strategic planning.

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5G spectrum auctions: Bharti Airtel likely largest bidder, govt mops up around Rs 11,300 crore

CFO News

India's second 5G spectrum auction concluded around Wednesday noon after seven rounds, lasting just over a day, with the government collecting approximately Rs 11,300 crore. Bharti Airtel is likely the largest bidder, acquiring airwaves in the sub-GHz 900 MHz band as well as in the 1800 and 2100 MHz bands. Market leader Reliance Jio likely bought 5G bandwidth in the 1800 MHz band.

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Tata Motors has a Rs 18,000 crore EV plan, reveals MD Shailesh Chandra

CFO News

Tata Motors is eyeing 30-40 per cent sales from EVs by FY30 and is planning to spend about Rs 18,000 crore to develope an ecosystem for the electric vehicle business. Over the next two years, the company has scheduled for launch Curvv EV, Curvv ICE ( internal combustion engine) and Sierra EV.

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Sebi eases trading norms for company insiders

CFO News

"Insider may make adjustments, with the approval of the compliance officer, in the number of securities and price limit in the event of corporate actions related to bonus issue and stock split occurring after the approval of trading plan and the same shall be notified on the stock exchanges on which securities are listed," Sebi said.

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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.