Fri.Aug 09, 2024

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Why You Should Switch: Microsoft Great Plains Vs. SAP S/4HANA Cloud Public Edition

Navigator SAP

Companies that are migrating from a small business solution to more robust enterprise resource planning (ERP) software have many choices. Two popular options are Microsoft Dynamics Great Plains ERP and SAP S/4HANA Cloud Public Edition. But in the Great Plains vs. SAP S/4HANA Cloud battle, really there isn’t much of a competition. SAP has an edge in all but a few areas.

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NJ law firm asks court to dismiss ex-CFO’s Chap. 11 bankruptcy case

CFO Dive

The ex-CFO, who pleaded guilty to embezzling $1.5 million from his former employer, filed the petition for bankruptcy to delay pending litigation, the motion argues.

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Webinar: Accelerate Your Move To Subscription Models with Bramasol’s Package Solution for Public Cloud

Bramasol

Bramasol brings you a packaged solution that can get your subscription business up and running in 3 months on SAP Cloud Public Edition. Learn about a powerful solution that enables you to manage a variety of subscription models including tiered pricing, consumption or bundles on an integrated platform including core finance, ERP and revenue recognition.

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IRS restarts review of employers’ claims for pandemic tax credit

CFO Dive

The agency last year suspended processing applications for the Employee Retention Credit after reports of fraud.

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The Financial Leader's 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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Weekend Reading For Financial Planners (August 10-11)

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 survey indicates that clients of financial advisors are more confident than others about their financial preparedness for retirement and are more likely to have a financial plan in place that can weather the ups and downs of the economy (perhaps increasingly relevant given recent market volatility), indicating that advisors have an opportunity to frame the v

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India's aircraft MRO industry to double from $2 bn to $4 bn in next 7 years: Minister

CFO News

The recent order by domestic airlines for over 1,100 aircraft is expected to double the size of India's MRO aviation business from $2 billion to $4 billion over the next seven years, Union Minister for Civil Aviation Rammohan Naidu informed Lok Sabha.

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Balancing Risks and Returns in Investment Strategies: A Detailed Guide for CFOs in Africa

CFO Talks

Balancing Risks and Returns in Investment Strategies: A Detailed Guide for CFOs in Africa For CFOs operating within the diverse economic landscapes of Africa, making informed investment decisions is crucial. This guide offers a straightforward approach to balancing potential gains with risks, ensuring financial stability and growth for your organization.

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Public-private sector interventions to help India reach $1 trillion in merchandise exports

CFO News

As India strives to achieve $1 trillion in merchandise exports by FY30, the role of public and private sector interventions becomes crucial towards creating a robust export ecosystem, a new report said on Friday.

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The Future of Business Accounting

CFO Plans

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Discover how CFO Plans can transform your financial management and set your business on the path to success. Outsourced CFO Services Revolutionize Financial Management Outsourced CFO services have revolutionized financial management for businesses of all sizes.

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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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PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister

CFO News

The Centre has approved the setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield and brownfield sites with world-class infrastructure including plug and play facility with an outlay of Rs. 4,445 crores for a period of seven years up to 2027-28, the Parliament was informed on Friday.

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MiB: Meir Statman on the Intersection of Finance & Life

Barry Ritholtz

This week, we speak with Meir Statman , the Glenn Klimek Professor of Finance at Santa Clara University. Named one of the 25 most influential people by Investment Advisor, his breakthrough book, “ What Investors Really Want , ” changed how we view investor motivations. Statman is a member of the advisory board of the Journal of Portfolio Management, the Journal of Wealth Management, the Journal of Retirement, the Journal of Investment Consulting and the Journal of Behavioral and Exp

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India is transitioning to a services driven economy: SC Garg

CFO News

"Services will make the difference to us, and that will power India's decade, " said Subhash Chandra Garg while delivering a keynote address at the annual CFO Conference - ETCFO Turning Point focussed on 'Powering India Inc's Decade'. Garg advocated for a strategic focus on services, particularly in terms of exports, where he sees significant growth.

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India needs to focus on services, financialisation trend in coming decades: Subhash Chandra Garg

CFO News

Delivering a special address at the ETCFO Turning Point conference, the former finance secretary says the next few decades could truly belong to India if the country successfully transitions to a service-oriented economy while capitalising on its financialisation trends.

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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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India set to become $8 trillion economy by 2034: Shaurya Doval

CFO News

Doval said that "as we head into the next 25 years, we are going to see India is going to pivot much of the world in terms of its economics and its geopolitics, and that's great news for India and Indians"

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DA hike news: 18-month DA, DR arrears for central govt employees, pensioners now? Know what Finance Ministry says

CFO News

Dearness Allowance or DA Hike News Update: Central government employees and pensioners are demanding the release of arrears for Dearness Allowance (DA) and Dearness Relief (DR) withheld for 18 months during the COVID-19 pandemic. Following requests from many employee unions, two MPs have now asked the government whether it is planning to release the 18-month DA arrear for the central government employees and pensioners.

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To keep younger employees happy, India Inc companies are perfecting a new reward playbook

CFO News

Companies such as Epsilon India, Roche Information Solutions India, Merck India, Thryve Digital, and Allstate India are leading this change, integrating innovative methods to engage and motivate younger employees.

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Many working women face 'maternity penalty', finds survey

CFO News

A study by Aon highlighted the career setbacks faced by working mothers in India after their maternity leave, termed the 'maternity penalty'. The report indicated issues like lower performance ratings and missed promotions. Experts recommend companies develop comprehensive maternity support policies, including pre-maternity leave discussions, to mitigate these challenges and retain valuable employees.

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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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Ola founder Bhavish Aggarwal becomes one of India's youngest billionaires after IPO

CFO News

Aggarwal, 38, will add $1.2 billion to his wealth if his SoftBank Group Corp.-backed Ola Electric lists Friday in Mumbai at the lowest end of the price band at 72 rupees ($0.86) a share, giving the entrepreneur a net worth of $2.3 billion, according to the Bloomberg Billionaires Index. Ola Electric did not immediately respond to requests for comment on Aggarwal’s net worth.

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Why India’s nano enterprises need formal recognition within the MSME ecosystem

CFO News

Addressing the challenges of nano entrepreneurs through tailored initiatives aimed at formalisation of the sector and improving resource accessibility are crucial for their upliftment.

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FDI in manufacturing rises 69 pc to USD 165 bn during 2014-24

CFO News

Foreign direct investment (FDI) in India's manufacturing sector surged by 69% to USD 165.1 billion during 2014-24, as reported to Parliament. Minister of State for Commerce and Industry Jitin Prasada highlighted India's growing appeal for foreign investment. Additionally, India's mobile phone imports dropped significantly while exports soared, reflecting improved self-reliance.

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Mahindra to build $3 billion car plant with a Chinese co? Here's what the automaker said

CFO News

Mahindra and Mahindra have denied reports suggesting a $3 billion joint venture between Indian automaker and China's Shaanxi Automobile Group to build a car manufacturing plant in India. The automaker has called the Reuters report 'unfounded' and stated that there is no truth in the matter. The report claims that Mahindra will own a majority stake in the proposed manufacturing venture and has sought approval from the Modi-led government for the Chinese investment.

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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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Gift City-like zones, IP-linked schemes key for manufacturing: PwC Chief Sanjeev Krishan

CFO News

PwC India's chairperson, Sanjeev Krishan, suggested that India could establish 5-6 large manufacturing zones similar to the Gift City financial hub to meet its $1 trillion goods export target, potentially one year ahead of schedule by fiscal 2029. The PwC report, 'VIKSIT: An approach for India to achieve $1 trillion exports', outlines a six-pillar framework for this goal, including value addition, infrastructure investments, and technology enablement.

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Novamax Appliances invests Rs 35 crore to set up a manufacturing facility in Gorakhpur

CFO News

Speaking about the new investments, Harshit Aggarwal, CEO and founder of Novamax Appliances said, “With this facility, we aim to enhance our production capabilities and ensure timely delivery to our customers. Our goal is not only to expand our market reach but also to create substantial employment opportunities and encourage economic growth in the local community.

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India achieves milestone with completion of 32 projects under PLI scheme

CFO News

With a cumulative installed capacity of 56,679 metric tons (MT) per annum, are expected to strengthen India's pharmaceutical supply chain and reduce dependency on imports.

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Cabinet approves 8 big railway projects as "equivalent to planting 30 cr trees"

CFO News

The Union Cabinet chaired by Prime Minister Narendra Modi on Friday approved eight new big railway projects that will cover aspirational and tribal districts.

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How Top CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.