Thu.Jul 18, 2024

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Incoming QXO CFO’s comp package includes $3M signing bonus

CFO Dive

M&A “heavy hitter” Ihsan Essaid could rake in a $1.6 million base salary should the product distribution company hit future annualized revenue run rate goals, according to a company filing.

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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 2)

Global Finance

In this two-part feature on the economics of the Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games organizing committee is taking to ensure fiscal responsibility.

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Trending Sources

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FASB answers Big Four convertible debt ask

CFO Dive

The fix comes after PwC, Deloitte, KPMG and EY requested clarity on rules related to convertible debt instruments that have seen a surge in demand.

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New 10-year TIPS gets real yield of 1.883%

Tips Watch

By David Enna, Tipswatch.com I am writing this after an evening out in Biella, Italy, and while struggling with rather weak Internet. So this is going to be brief. The U.S.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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CFPB to apply lending laws to EWA

CFO Dive

The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

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More Trending

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Property Profits with Real Estate Accounting Services

CFO Plans

From property management to rent collection and tax compliance, the need for specialized accounting services is paramount. Here, we explore how expert real estate accounting services can optimize your property management, streamline rent collection, and ensure compliance with tax regulations for sustained financial success. Discover how CFO Plans can help you achieve financial success.

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The Mentoring Round | Eric Emans, CFO, Nintex

CFO Thought Leader

Inside the Mentoring Round, CFO Eric Emans emphasizes the importance of overcoming the fear of failure early in one’s career, as learning often comes from making mistakes. He fosters an expectation-based culture where finance professionals are encouraged to engage with the business, challenge assumptions, and drive insights. Emans believes this approach distinguishes great organizations from good ones.

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There's no right to a job & one has to compete for it; Karnataka job quota bill is unconstitutional and fascist, says Mohandas Pai

CFO News

“Karnataka produces a lot of jobs. If you look at all the data, there are more jobs than people graduating. If you look at multiple sectors, construction, and infrastructure, there are not enough people from Karnataka. Security, we are not getting enough people from Karnataka.

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CFO Strategy: Managing the SEO Headwinds

CFO Share

If your SEO is struggling this year, you are not alone: the rise of AI has upended digital marketing in 2024. Plenty of articles analyze the technical SEO changes and hypothesize how AI is changing content marketing, and I read most of them when our SEO lead generation suddenly stopped working. I can summarize them all in a single sentence: nobody knows what is happening in SEO, not even Google.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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How FM Sitharaman can design India's long-term investment growth portfolio for a Viksit Bharat

CFO News

The upcoming Union Budget must prioritize long-term growth strategies, addressing structural issues for India to emerge as a developed economy by 2047. Focus areas include rural health enhancement, sustained infrastructure investment, job creation across sectors, human capital development, fiscal discipline, and nurturing sunrise industries like renewable energy and AI, ensuring inclusive growth.

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CFO Strategy: Managing the Downfall of SEO

CFO Share

If your SEO is struggling this year, you are not alone: the rise of AI has upended digital marketing in 2024. Plenty of articles analyze the technical SEO changes and hypothesize how AI is changing content marketing, and I read most of them when our SEO lead generation suddenly stopped working. I can summarize them all in a single sentence: nobody knows what is happening in SEO, not even Google.

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Paytm Q1 Results: Consolidated loss widens to Rs 839 crore, revenue plunges 36% YoY

CFO News

One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, compared to Rs 357 crore in the same quarter last year. Revenue for Q1 declined by 36% YoY to Rs 1,502 crore from Rs 2,342 crore in Q1 FY24. Despite this, the company indicated that its revenue and EBITDA, excluding the ESOP loss of Rs 545 crore, met its guidance.

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CFOs’ biggest challenges

CFO News

The CFOs today have moved away from their traditional role to more of a business role. Recently, a CFO told me that the board and shareholders expect CFOs to be a co-pilot in the business growth. They should be responsible for sustainable strategies as well. As digital is revamping the world, the CFOs desk is under transformation and here are the few major challenges.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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Godfrey Phillips succession battle: Bina Modi refutes assault allegations by son Samir

CFO News

Godfrey Phillips director Bina Modi denies assaulting her son Samir during a board meeting. The family dispute between the Modis continues with allegations and counterclaims. Legal proceedings are ongoing as both parties present their sides in court.

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Union Budget: Indian startups seek more emphasis on AI

CFO News

As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startups founders on Thursday said increased investment in policies that simplify doing business and empower startups and emerging technologies, such as responsible AI, is essential for a boost to the sector. As AI continues transforming sectors like healthcare, finance, manufacturing, and education, implementing proactive measures to ensure its responsible development is crucial, they empha

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Adani Ports gets a rating upgrade from ICRA

CFO News

The company's upgrade follows a Bloomberg report that revealed plans to significantly increase investment in its southern India trans-shipment container port to Rs 100 billion. This ambitious move aims to attract some of the world's largest ships, according to sources familiar with the matter.

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ICAI partners with OpenAI to enhance CA practice with GPT technology

CFO News

The CAGPT is equipped with data accumulated by ICAI over the past 75 years, enabling it to provide answers to a wide range of questions, both simple and complex.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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Mittal seeks Indian industry, startups, MSMEs to compete worldwide

CFO News

The official further said that the capacity building and scaling is a critical aspect which is more relevant for the country's burgeoning telecom sector.