Tue.Jul 16, 2024

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Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation 

CFO Talks

Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation The 7th Annual CFO Africa event was a dynamic gathering of financial leaders, industry experts, and innovative thinkers. Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

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SEC rule jumpstarts Corpay CAO’s ESG push

CFO Dive

The climate disclosure rule’s March passage helped push the payments player to double down on its ESG reporting strategy, Chief Accounting Officer Alissa Vickery said.

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Trending Sources

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Streamline Your Supply Chain with a Self-Service Supplier Portal

Navigator SAP

Imagine the daily struggle of managing supplier interactions – endless email threads, chasing down purchase orders (POs), manually updating spreadsheets, and the constant worry of errors and delays. This traditional approach to procurement is not only time-consuming and frustrating, but it also introduces unnecessary risks and inefficiencies into your supply chain.

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CFOs plan to raise salaries 3.9% in 2025: WTW

CFO Dive

U.S. companies are trimming salary increases as the labor market loosens, recovering from a pandemic period of high resignations, job hopping and wage gains.

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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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Converse Bank: At the Forefront of Innovation in Armenia

Global Finance

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA. It has consistently applied best practices across its operations, creating business processes informed by knowledge and customer experience.

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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller. Whether you are hiring full-time or fractional, knowing how these roles differ between a controller vs CFO will ensure your small business gets the financial support it needs without overspe

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Latest AT&T data breach risks customer defections: Moody’s

CFO Dive

The incident comes as AT&T is already facing a number of class action suits stemming from a separate breach that was disclosed in March.

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SAP Migration Tools Help Reduce Digital Debt During Your Cloud Transition Process

Bramasol

With each quarterly earnings announcement showing dramatic increases in cloud ERP revenue, SAP’s strategic shift to S/4HANA cloud services is clearly now in full swing. In Q1 2024, revenue from the Cloud ERP Suite was up 32% and reached $3.48 billion US, marking nine straight quarters of 30%-plus growth. Among the many benefits of moving to cloud, such as cost savings, scalability, data uniformity, etc., another big advantage is the opportunity to reduce your existing "Digital Debt" as part of t

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BMO earns top score for disability inclusion for ninth year in a row

Bank of the West

BMO has been honored with a top score of 100 on the Disability Equality Index® for the ninth consecutive year, securing our place among the Best Places to Work for… Read more The post BMO earns top score for disability inclusion for ninth year in a row 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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Navigating the Shrinking Young Labor Pool

Focus CFO

Challenges and Strategies for Small Business Owners Professionals, like myself, who work alongside small businesses run the gambit of topics when talking with clients, prospects or those in our business networks. It could be the local sports team, where someone went on vacation or a myriad of business topics. One recurring topic regarding business is the lack of workers – especially younger workers.

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Deloitte: Asia Pacific companies face urgent need for portfolio rebalancing

Future CFO

Companies across the Asia Pacific region are facing an urgent need for portfolio rebalancing , according to a new Deloitte Asia Pacific report. The study, which highlights the necessity of APAC companies to increase scrutiny of their portfolio holdings as they seek to rebalance for growth opportunities and divest assets that no longer fit their strategy, reveals that 79% of executives expect to make two or more divestments in the next 18 months.

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1,017: Two Hands, One Vision: A Balanced Approach to Finance | Eric Emans, CFO, Nintex

CFO Thought Leader

Eric Emans, CFO of Nintex, tells us that his career has been built upon learning from mistakes and driving an expectations-based culture in finance: “I see the fear of failure as being so detrimental to so many people early in their career. In their mind, failing is often outsized, but most of the time, the things that you’re dealing with when you’re up-and-coming are expected to involve some failure.

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#FASuccess Ep 394: Launching An Administrative Family Office Practice To Deliver Your Best Support To (HNW) Clients, With Christi Van Rite

Nerd's Eye View

Welcome everyone! Welcome to the 394th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Christi Van Rite. Christi is the Founder of White River Consultants, a firm that provides administrative family office services to 17 ultra-high-net-worth households, and is on track to generate nearly $1.5M in revenue this year from its specialized services.

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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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The Mentoring Round | Sandeep Aujla, CFO, Intuit

CFO Thought Leader

Inside the Mentoring Round, CFO Sandeep Aujla explains why his eight-year investment at Intuit was driven by the continuous learning opportunities and professional growth the company offered. Although he could have become a CFO sooner elsewhere, Aujla tells us chose to stay at Intuit to deepen his expertise, gain more diverse experience to better prepare for the CFO role. 1,016: When Career Years Are Investment Years | Sandeep Aujla, CFO, Intuit The post The Mentoring Round | Sandeep Aujla, CFO,

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SpiceJet’s CFO Ashish Kumar resigns, Joyakesh Podder becomes Deputy CFO

CFO News

SpiceJet announced that Ashish Kumar, its Chief Financial Officer, has resigned, and Joyakesh Podder has taken over as Head of Finance and Deputy CFO, effective July 15, 2024.

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The Potential Impact of J.D. Vance’s Venture Capital Background on Federal Policies

CFO Share

On Monday, July 16 th , Donal Trump announced his selection of J.D. Vance as Vice President. Never before has a former venture capitalist attained such high political rank. What could Vance’s experience in the Silicon Valley startup scene mean for the administration? Here’s our top ideas of what may for small businesses in a Trump/Vance administration. 1.

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The Future of Finance: Trends Shaping the Financial Services Industry

CFO News

Akshay Jain, CFO of OLX India, explores the transformative power of fintech in revolutionizing financial services, driving accessibility, and shaping the future of finance in developing economies.

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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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Union Budget 2024: Industry leaders expect sustainability roadmap for India

CFO News

"We are optimistic that the upcoming Union Budget will drive focus towards strengthening the energy efficiency of India’s building infrastructure, considering its potential to bring down the national carbon emissions disproportionately.

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Reimagining tax policy for petroleum industry

CFO News

The importance of a comprehensive tax policy – one which lends a sustained momentum to this overarching governance objective – cannot be overemphasised. In particular, for a variety of reasons, petroleum requires a delicately calibrated tax policy.

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SEBI makes amendments in REIT, InvIT rules

CFO News

SEBI Makes Amendments In REIT & InvIT Rules: In two separate notifications, Sebi said the 'unit-based employee benefit scheme' would be in the nature of the employee unit option scheme.

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Paytm issues clarification on administrative warning from SEBI

CFO News

Paytm states consistent compliance and adherence to regulations on receiving administrative warning from SEBI on Monday and said that it will submit its response to the markets regulator.

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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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Budget 2024: Engineering sector seeks policies that will ease liquidity issues and encourage R&D

CFO News

The engineering sector, a key contributor to the economy, is seeing export growth. To maintain this trajectory. It wants better access to credit and incentives to modernise technology and machinery.

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Observing improved private consumption, IMF ups India's growth forecast to 7%

CFO News

The International Monetary Fund has increased India's growth forecast to 7% due to rising rural consumption. Global economy is expected to grow at 3.2% this year, with China and India contributing significantly to global growth.

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Government reconstitutes NITI Aayog; no change in the top positions

CFO News

On Tuesday, the reconstituted NITI Aayog was notified. Suman Bery remains vice-chairman with full-time members Saraswat, Chand, Paul, and Virmani. Ex-officio members are Singh, Shah, Chouhan, and Sitharaman. Special invitees include transport, health, industries, food processing, and MSMEs ministers. This follows the June formation of the new Modi government.

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Zee Entertainment to raise $239 million through 10-year FCCB issue

CFO News

Earlier in a filing, the company said the FCCBs would be issued to Resonance Opportunities Fund, St. John's Wood Fund Ltd. and Ebisu Global Opportunities, on terms and conditions mutually decided between the company and the 'proposed' investors.

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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.