Fri.Sep 27, 2024

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5 Essential Implementation Questions When Buying ERP Software

Navigator SAP

A new ERP solution can dramatically upgrade a business with added visibility, automation, and more efficient operational processes among many other benefits. However, when buying ERP software, some essential implementation questions should be asked before purchase.

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Costco CFO targets lower prices amid ‘effectively flat’ inflation

CFO Dive

Costco lowered prices on a number of its store brand items as high food prices have become a hot button issue in the presidential election.

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MiB: Kyla Scanlon on Vibecessions & Gen Z

Barry Ritholtz

This week, we speak with Kyla Scanlon , creator, host of YouTube’s,“Let’s Appreciate” podcast , writer of daily short-form videos about economy + markets. She has been published at Bloomberg, New York Magazine, FT, and the NYT. Her new book “ In This Economy?: How Money & Markets Really Work ” just came out this Summer. We discuss how she came up with the idea of a “ Vibecession ” and how it became a popular New York Times guest essay.

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IPOs rebound through Q3 on prospect of falling interest rates: EY

CFO Dive

Despite the emerging recovery, several headwinds to IPOs persist, including conflicts abroad and the hard-to-predict outcome of the Nov. 5 election, EY said.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Weekend Reading For Financial Planners (September 28–September 29)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli has shown a sharp increase in the number of affluent investors willing to pay for advice, which on the one hand reflects the increasing financial complexity in peoples' lives (while they've also gotten busier than ever at work and at home) to the extent that they're more willing to work with someone to navigate those financial challenges; while al

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Navigating Digital Transformation for Life Sciences Companies

Bramasol

Life sciences includes a broad range of scientific fields that study living organisms and their interactions with the environment. Some of the key areas within life sciences include: Biology: The study of life and living organisms, including their structure, function, growth, evolution, and behavior. Biotechnology: The use of biological systems, organisms, or derivatives to develop or create products, often focusing on medical or agricultural applications.

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GSTN says tax documents issued by it valid despite no visible signatures

CFO News

This advisory comes in response to growing doubts regarding GSTN documents that lack visible digital signatures in their downloadable PDF formats, which have been legally challenged by some taxpayers.

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SOC 2 Compliance: Strengthening Data Security for your business

E78 Partners

Data privacy and security are at the forefront of concerns for most organizations. For mid-market and enterprise companies, as well as those in the Private Equity space, maintaining these protections is crucial due to the vast amounts of sensitive data they manage. Information security can be especially complex to implement and monitor across portfolio companies and sponsors.

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India's textile roadmap: $350 billion industry and 4.5-6 crore jobs by 2030

CFO News

India plans to expand its textile industry to $350 billion by 2030, creating up to 6 crore jobs. The government aims to achieve $600 billion in textile exports by 2047. The Production Linked Incentive scheme will support this growth, with investments in man-made and natural fibers.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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SOC 2 Compliance: Strengthening Data Security for your business

E78 Partners

Data privacy and security are at the forefront of concerns for most organizations. For mid-market and enterprise companies, as well as those in the Private Equity space, maintaining these protections is crucial due to the vast amounts of sensitive data they manage. Information security can be especially complex to implement and monitor across portfolio companies and sponsors.

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5 Tips to Maximize Your SBA Loan Benefits This Tax Season

CSC Advisors

5 Tips to Maximize Your SBA Loan Benefits This Tax Season Securing a Small Business Administration (SBA) loan can be a game-changer for your business, providing the necessary capital to invest in growth and operations. As you approach the 2025 tax season, it’s crucial to leverage your SBA loan’s financial advantages effectively. Understanding how to maximize tax benefits can significantly impact your bottom line, allowing you to reinvest in your business and improve cash flow.

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G2 recognizes Cube as a Momentum Leader, awarding badges for high performance and more (Fall ‘24)

Cube Software

This just in: Cube stands out in G2's Fall Report Cube has been listed as one of the top FP&A platforms across several disciplines, including Budgeting and Forecasting , Corporate Performance Management , Financial Close , and Financial Analysis.

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Talent crunch hits Indian businesses as global economy recovers: Report

CFO News

Businesses in India are facing challenges in hiring and retaining talent, according to a report by Michael Page. Companies struggle with matching salary expectations and finding the right skills. AI is reshaping workplaces, with 47% of employees using it. Employers need to align retention strategies with employee priorities like well-being and clear promotion paths.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Unilever ready to defend India top spot with millions

CFO News

Unilever is committed to defending its market leadership in India, ready to invest heavily or make acquisitions as competition grows. Hindustan Unilever remains a dominant player in home and personal care categories, with plans to grow 4-5% by volume in an expanding economy.

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Financial restructuring, govt initiatives to push mfg helping India Inc sail through rough seas

CFO News

India, poised to become the world's third-largest economy by decade's end, is on a high-growth trajectory. Despite challenges like high funding costs and sluggish demand recovery, sectors such as consumer products, ecommerce, healthcare, and technology show immense growth potential. Government initiatives and improved corporate governance are boosting investor confidence.

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Sudden impact: Big 4 audit firms set new terms of engagement after EY worker's death

CFO News

The tragic death of a young chartered accountant at SR Batliboi & Co has led the Big Four firms to implement employee-friendly measures focusing on mental health and work-life balance. These firms are promoting well-being programs, issuing advisories, and seeking feedback to address workplace stress and improve conditions for their staff.

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Make in India, PLI projected to continue creating manufacturing jobs

CFO News

Government initiatives like 'Make in India' and the PLI scheme are driving strong hiring in India's manufacturing sector. Industries such as automotive, electronics, chemicals, and pharmaceuticals are expanding, creating demand for both blue- and white-collar roles. Companies are focusing on technology and sustainability, leading to new job opportunities.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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After NCLT's nod, IDFC-IDFC First Bank merger to be effective October 1

CFO News

The National Company Law Tribunal has approved the merger of IDFC FHCL with IDFC Limited, effective September 30, and the subsequent merger of IDFC Limited with IDFC FIRST Bank from October 1. The Reserve Bank of India had already given its nod for this reverse merger in December 2023.

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Madhabi Puri says mutual funds industry is SEBI's elder son

CFO News

SEBI chief Madhabi Puri Buch underscored mutual funds' pivotal role in promoting financial inclusion and wealth creation. She encouraged the industry to leverage the stewardship code for representing retail investors at company meetings. Buch is confident that mutual funds will continue to improve this code, benefiting shareholders and contributing to a prosperous India.

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Angel One settles front running case with Sebi

CFO News

​​The regulator had undertaken a detailed investigation by certain entities from January 1,2021 to October 31,2022, who were consistently placing orders ahead of the big clients including Bharat Kanaiyalal Sheth Family Trust in the cash segment and were squaring off the same.

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RBI expected to start rate cut cycle from December this year: UBS

CFO News

The Reserve Bank of India's Monetary Policy Committee (MPC) is anticipated to begin easing interest rates in December 2024, according to a UBS report. This expectation arises from an improving domestic inflation outlook, projected to be 30 basis points lower than the RBI's forecast of 4.5% for FY25, along with a global trend of monetary easing.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Puma names Markus Neubrand as CFO

CFO News

Puma: Neubrand will succeed Hubert Hinterseher, who will step down on September 30, 2024, and leave the company by mutual agreement on December 31, 2024.

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