Mon.Oct 21, 2024

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Effective Debt Management for Entrepreneurs: Tips and Strategies

CFO Plans

Start mastering your debt management today with expert insights from CFO Plans. Discover tailored strategies to empower your business’s financial health. In the fast-paced world of financial services, ensuring small business financial health is crucial for entrepreneurs. While debt can be a powerful tool for growth, it can quickly turn into a challenge if not handled properly.

CFO 52
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Only 15% of companies have ROI metrics for GenAI: KPMG

CFO Dive

The finding comes as many enterprises are deploying the technology on a larger scale.

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Trending Sources

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BofA Extends FX Rate Guarantees To A Year

Global Finance

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, services, manufacturing and the gig economy has resulted in dramatic increases in both the volume and value of cross-border payments in recent years. Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices wit

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Many middle market firms in ESG ‘wait and see’ mode, RSM says

CFO Dive

While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.

Marketing 292
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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Transcript: Brian Higgins, King Street

Barry Ritholtz

The transcript from this week’s, Transcript: Brian Higgins, King Street , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio. 00:00:15 [Speaker Changed] I’m Barry Ritholtz, you are listening to Masters in Business on Bloomberg Rad

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India at the forefront of leading the 'double AI' revolution: Suneeta Reddy

CFO News

With Prime Minister Narendra Modi asserting India has a 'double AI' advantage with the power of 'Aspirational India' and 'Artificial Intelligence' combining, Apollo Hospitals Managing Director, Suneeta Reddy on Monday said that India is at the forefront of being able to lead this revolution.

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Optimizing finance operations through outsourcing: What works best?

CFO Dive

Gain insights from over 200 CFOs on how to stay ahead of today’s rapidly evolving financial landscape with research led by Conduent and Everest Group.

Finance 272
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1045: Cash Flow Focus: Building a Sustainable Growth Strategy | Brian Hogeland, CFO Packer Fastener

CFO Thought Leader

In his three years as CFO of Packer Fastener, Brian Hogeland has led a milestone transformation of the company’s financial operations. Joining in 2021 during a period of rapid growth, Hogeland tells us he quickly identified opportunities to streamline processes, align business goals, and introduce technology-driven solutions. With Packer Fastener’s quirky culture—known for slogans like “We’ve got the biggest nuts in town”—Hogeland’s mission was to bring structure without losing the fun spirit at

CFO 52
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Weakening manufacturing demand clouds economic outlook: Conference Board

CFO Dive

Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.

Economics 268
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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Adani Group's Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore

CFO News

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.

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Unlocking business growth through effective credit control

CFO Dive

It's no secret that offering attractive payment terms may help boost sales. However, the decision to extend favorable credit can be challenging.

Sales 144
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1,044: Driving Sustainable Growth: How to Align Business Goals with Profitability | Isabelle Winkles, CFO, Braze

CFO Thought Leader

In January 2020, most finance leaders were seeing ASC 606 as a done deal. However, for Braze’s newly appointed CFO, Isabelle Winkles, this new revenue recognition standard would quickly move to front-and-center. Although ASC 606 was merely a speed bump for seasoned professionals—including 25-year finance veteran Winkles—it did present some notable challenges within Braze.

CFO 52
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A 90-Day Onboarding Plan To Train Your New Superstar Client Service Associate (CSA)

Nerd's Eye View

For small advisory firms that are beginning to grow and ready to add new staff, a Client Service Associate (CSA) or similar support role is a common early hire. Ideally, this person will free up an advisor's time to let them focus on other tasks (which are likely income-producing and will allow the advisor to continue to grow the firm). However, if a new CSA is not onboarded well, then advisors run the risk of taking on additional management responsibilities without a corresponding lift in task

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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What is Enterprise Performance Management?

Lime Light

Traditional approaches to performance management, which often rely on manual processes and outdated systems, fall short of addressing the demands of modern businesses. According to Gartner, over 70% of finance leaders have adopted enterprise performance management (EPM) software to streamline processes and improve decision-making.

Finance 52
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5 Scenarios When a Fractional CFO is a Must-Have

CFO Selections

Regardless of size, industry, or location, strong financial leadership is a vital component of any organization’s success. Yet, small and mid-sized companies often forgo hiring a CFO due to budgetary constraints. This is where bringing in a fractional resource can help! An outsourced fractional CFO will perform the same duties as an in-house full-time CFO, but on a more limited time basis.

CFO 52
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Biggest challenge before Indian economy is employability, says FM Nirmala Sitharaman

CFO News

The biggest challenge before India is employability says finance minister Nirmala Sitharaman during a fireside chat on India's decadal economic reforms and continued economic growth in New York on October 22.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • If you think grocery prices take a big bite out of your paycheck in the US, check out the rest of the world : It’s important to note that food prices in the U.S. — relatively speaking — are the cheapest in the world, and have been for a long time. This is the case whether measured in terms of disposable personal income or in terms of percentage of household expenditures. ( The Conversation ) • Tim Cook on Why Apple’s Huge Bets Will Pay Off : The CEO of

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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India poised to sustain growth trajectory, likely to be world's 3rd-largest economy by 2027: FM Nirmala Sitharaman

CFO News

Addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, the oldest and the largest stock exchange in the world, the Finance minister said India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly.

Finance 45
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Festive demand will help shrug off temporary slowdown, says RBI report

CFO News

Aggregate demand in India is expected to recover in Q2 2024-25 due to rising festival demand and improved consumer confidence, supported by an optimistic investment outlook and government capex. However, geopolitical tensions, commodity price hikes, and food inflation pose risks to this recovery.

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Hyundai Motor India’s shares decline in debut after record IPO

CFO News

Hyundai Motor India Ltd shares dropped nearly 6% on their first trading day in Mumbai, despite being the largest IPO in the country's history. Retail investors bought only half of their reserved portion, while institutional demand was strong. Analysts see potential long-term value amid India's growing economy and car market.

Retail 40
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Sebi bars Varanium Cloud, MD from securities markets; probe continues

CFO News

Markets regulator Sebi on Monday affirmed its directions to bar Varanium Cloud and its promoter and MD Harshawardhan Hanmant Sabale from securities markets till the outcome of a probe into alleged mis-utilisation of IPO proceeds and manipulation of the company's financials.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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SC admits appeal by Dept of State Tax in Siddheshwar Industries insolvency case

CFO News

The Supreme Court admits an appeal by the state tax department to be treated as a secured creditor in Siddheshwar Industries' insolvency case. It challenges the NCLAT's decision, arguing tax laws override the Insolvency and Bankruptcy Code, citing legal precedents and statutory interpretations.

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At USD 2 billion, travel adds most to foreign spends in August

CFO News

Indians spent USD 3.2 billion overseas in August 2024, mainly on travel, education, and supporting relatives. Outbound travel totaled USD 2.01 billion, close to the record high in July 2023. Studies abroad saw the second-highest spending at USD 416 million. The data shows steady recovery in forex spending despite the 20% TCS rate on amounts over Rs 7 lakh.

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Indian bonds remain attractive amid stable macro-economic variables: PGIM India

CFO News

Bond yields generally move ahead of rate changes, making it a strategic time for investors to enhance their fixed-income allocations during yield upticks.

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Noel Tata and N Chandrasekaran establish ‘healthy working relationship’ in first meeting, talk routine biz

CFO News

Noel Tata, the new Tata Trusts chairman, meets Tata Sons chairman N Chandrasekaran and Prime Minister Narendra Modi, signaling efforts to build relationships. Meanwhile, Tata Trusts appoint Noel as permanent trustee, maintaining continuity with key trustees managing the philanthropic entities controlling the Tata Group.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.