Fri.Sep 06, 2024

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ERP for the Consumer Products Industry: Driving Efficiency and Growth

Navigator SAP

Being a consumer products company is not easy today. From changing consumer patterns to market uncertainty and volatility, brands are rethinking how to continue revenue growth and add efficiency. For many brands, ERP for the consumer products industry is the path forward.

Marketing 227
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Fewer small businesses plan near-term raises, survey says

CFO Dive

While the share of small business owners planning near-term raises ticked down, average pay hikes are on track to outpace inflation, according to QuickBooks’ findings.

Planning 224
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Trending Sources

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AI takes centre stage in driving enterprise growth, research finds

Future CFO

As digital transaction management become more revolutionised, artificial intelligence takes on the center stage in driving enterprise growth, according to Aragon Research. Finance leaders must keep tabs on how this technological advancement transforms the business scene as the market veers to an increasing reliance on AI assistants to automate and digitise paper transactions.

Finance 98
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RealPage lawsuit opens a new antitrust front for pricing algorithms

CFO Dive

The rise of Big Data across the economy raises antitrust concerns, especially where companies are sharing sensitive proprietary data, legal experts say.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Weekend Reading For Financial Planners (September 7–September 8)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the Treasury Department has finalized rules requiring most SEC-registered RIAs to implement risk-based Anti-Money Laundering and Countering the Financing of Terrorism programs, including a requirement to report suspicious activity to Treasury's Financial Crimes Enforcement Network, with firms having until January 1, 2026 to comply with the rule.

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Sebi officers protest in Mumbai, demand chief Madhabi Buch's resignation

CFO News

Protest Against Madhabi Puri Buch: Over 500 Sebi officers protested at the Mumbai headquarters, demanding chairperson Madhabi Puri Buch's resignation and withdrawal of a media statement accusing them of being influenced by external elements. The silent protest followed earlier complaints about HR issues and a press release they described as spreading lies against employees.

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Tighter User Touch Points: Q&A With Bank Of Georgia’s Levan Gomshiashvili

Global Finance

Levan Gomshiashvili, chief Marketing and Digital officer at Bank of Georgia, explains the importance of technology and partners in providing exceptional user experience. Global Finance: What steps have you taken to create a seamless and intuitive digital banking experience? Levan Gomshiashvili: Creating a seamless digital banking experience is all about putting the customer first.

Banking 52
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Making Complex Financial Decisions with a Fractional CFO

CFO Plans

In today’s dynamic business environment, making informed and strategic financial decisions is paramount to achieving sustainable growth and profitability. For many businesses, especially startups and small to medium-sized enterprises, hiring a full-time Chief Financial Officer (CFO) can be financially daunting. Enter the fractional CFO—a cost-effective solution that delivers high-level financial expertise on a flexible basis.

CFO 52
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World’s Best Digital Banks 2024—Round 1

Global Finance

Changing customer expectations and the need to maintain a competitive edge continue to drive digital banking as both consumer and corporate banks rush to provide customer convenience, personalized services, and speed. Digital transformation in the banking sector has moved from simply updating outdated systems to becoming a key strategy for boosting profitability.

Banking 52
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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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Global capital available, India must act on tax and governance frameworks, says MD of NaBFID

CFO News

Rajkiran Rai G, MD of NaBFID, discussed the importance of creating a conducive tax and governance framework to attract global capital for infrastructure. Rai highlighted domestic savings, the low risk of infra defaults, and the need for improved technology efficiency in the public sector.

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Tackling Trade With Tech: Q&A With DBS Bank’s Aaron Chiew

Global Finance

Digital solutions are helping corporates manage global shifts, says Aaron Chiew, head of IBG Digital Channels for the Institutional Banking Group at DBS Bank. Global Finance: How is your digital focus helping clients react to ongoing global shifts? Aaron Chiew: Corporates are facing multiple complexities today. Supply chain disruptions, Asia’s rising middle-income population and the rapid digitalization of financial services have led to a fundamental shift in consumer behavior and the way corpor

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MSKA quits as Byju's auditor, two years after Deloitte exit

CFO News

Audit firm MSKA & Associates has resigned as Byju's statutory auditor, citing uncooperative management and suspicious transactions involving a Dubai-based reseller. This resignation affects the audit for FY23 accounts and follows Deloitte Haskins & Sells' exit in 2022. The firm reported difficulties in obtaining necessary information and raised concerns over Byju's financial stability.

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Innovation With Purpose: Q&A With TD Bank Group’s Montresa McMillan

Global Finance

Montresa McMillan, senior vice president of Enterprise Digital Strategy, Innovation & Payments and Strategy, and Change & Operational Excellence at TD Bank Group, explains why customers, colleagues and communities are at the heart of innovation. Global Finance: How does TD approach innovation and what are some of the areas you are exploring?

Banking 52
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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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PwC warns of AI risk management gap as industries rush to embrace tech

CFO News

Only 58% of executives in sectors like healthcare, technology, and financial services have conducted a preliminary assessment of AI-related risks, despite the widespread adoption of the technology.

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Payments cos handed GST bill for transactions below Rs 2,000

CFO News

More than 80% of the total digital payments in India are of less than Rs 2,000 in value. The payments aggregators have not been charging tax on the service they provided to merchants on such transactions, following a government notification issued during demonetisation in 2016.

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PAC chairperson says panel to decide on Buch's appearance

CFO News

​The Congress has questioned payments made to Buch by ICICI Bank, her former employer, after she became a whole-time member of SEBI, and sought an independent probe into the matter.

Banking 40
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Banks at disadvantage to mutual funds, says IBA chairman

CFO News

Banks face challenges in attracting deposits due to regulatory restrictions, making mutual funds more appealing. Indian Banks’ Association chairman MV Rao highlights the need for government support to draw savers. HSBC India CEO suggests studying deposit creation causes, while SBI chairman notes difficulties with special schemes like green deposits.

Banking 40
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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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Financial services sector must grow 20x for India to reach $30 trillion GDP, says report

CFO News

India aims to achieve a $30 trillion GDP by 2047, requiring significant growth in the financial services sector, especially banks. A report by BCG, FICCI, and Indian Banks’ Association highlights the need for $4 trillion in bank capital and emphasizes financial inclusion, digitization, and emerging technologies as key drivers for this growth.

Banking 40
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Tatas' aviation business more than halves loss in FY24: Annual report

CFO News

The Tata Group's aviation business, including Air India and Vistara, reduced losses to ₹6,337 crore from ₹15,414 crore. Air India saw a 24% revenue increase to ₹51,365 crore. Tata Digital's business grew 148%, but net losses widened. Tata Sons' net profit rose 57% to ₹34,654 crore.

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Tax authorities seek $101 million in Byju's insolvency process

CFO News

Backed by General Atlantic, Byju's was valued at $22 billion in 2022, but has seen its fortunes dwindle due to many regulatory issues and more recently a dispute with U.S. lenders who are demanding $1 billion in unpaid dues, triggering the company's insolvency that led to an assets freeze.

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Semiconductor mission may get $10-billion booster shot

CFO News

ISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and design capabilities was first established in 2022 with a budgetary allocation of $ 10 billion. “The second phase of ISM will be launched soon; the allocation will be around the previous phase. Two more proposals are expected to get approvals,” said an official.

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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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Looking into vacancies in Income Tax appellate tribunals: SC

CFO News

The Supreme Court on Friday told a Bengaluru-based bar body that it is looking into issues related to vacancies in income tax appellate tribunals (ITATs).

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