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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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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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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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.

CFO 184
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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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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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'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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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.