Thu.Nov 07, 2024

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Benefits of Outsourced Telecom Expense Management

E78 Partners

Managing telecom expenses can be a daunting task, especially with companies working with multiple vendors, services, and technologies. Without a clear strategy, telecom costs can quickly escalate, resulting in inefficiencies and unnecessary spending. Many businesses find that monitoring telecom usage, identifying billing errors, and negotiating contract terms are time-consuming processes that distract from their core objectives.

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Ditching Dr. No: Tips for CFOs navigating AI, tech’s promises, pitfalls

CFO Dive

Once relegated to number crunching, modern CFOs typically work with chief information officers to help finance and keep score on tech projects.

Finance 315
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Banks Need a Digital Strategy to Manage the $84 Trillion Generational Wealth Transfer

Global Finance

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet. More immediately, however, this unprecedented transfer of wealth represents a major challenge for banks, particularly those who provide services to high-net-worth individuals.

Banking 105
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Remembering Richard LaValla

Focus CFO

We are saddened by the passing of our friend and colleague Richard LaValla. Richard was a brilliant fractional CFO, whose financial acumen was matched by his kindness and authenticity as a human being. Richard's impact was deeply felt by those who worked alongside him, both as colleagues and clients, as evidenced by the heartfelt tributes below.

CFO 98
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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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The Power of Listening in Effective Negotiation

CFO Talks

The Power of Listening in Effective Negotiation When it comes to negotiation, people often think of strong arguments, clear facts, and the best pitch. But here’s the twist—real negotiation power often lies in something much quieter: listening. Listening is more than a soft skill; it’s a secret weapon. In a role filled with financial data, strategic meetings, and high-stakes decisions, active listening can drive better outcomes and turn tough conversations into collaborative wins.

CFO 84

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Members’ Profile: Yvonne Dias

CFO Talks

Members’ Profile: Yvonne Dias In this edition of CFO Club Africa’s Members Spotlight, we are introducing Yvonne Dias, the Group CFO at MINT Management Technologies. Yvonne’s career in finance and leadership has positioned her as an influential figure, holding executive roles since 2005 and contributing significantly to MINT’s growth and innovation.

CFO 52
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Benefits of Outsourced Telecom Expense Management

E78 Partners

Managing telecom expenses can be a daunting task, especially with companies working with multiple vendors, services, and technologies. Without a clear strategy, telecom costs can quickly escalate, resulting in inefficiencies and unnecessary spending. Many businesses find that monitoring telecom usage, identifying billing errors, and negotiating contract terms are time-consuming processes that distract from their core objectives.

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8 Value Drivers to Prepare Your Business for a Successful Exit

Focus CFO

Every business owner preparing for an exit wants the answer to two key questions: How much would I get for my business now, and what would it take to increase that value so that my financial goals are met?

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84.50 would be the key level to watch out for Rupee vis-a-vis dollar: Naveen Mathur

CFO News

The Indian rupee is depreciating against the US dollar. The dollar index is strengthening. Experts believe the rupee may depreciate to 84.50 against the US dollar. The Reserve Bank of India may intervene if the rupee depreciates beyond this level. A weaker rupee is good for exports but will make imports costlier. This will impact the fiscal deficit.

Banking 49
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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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CFO David Morris on Guardian Pharmacy’s Road to IPO and Growth Strategy

CFO Thought Leader

In this episode of “The Mentoring Round,” Guardian Pharmacy CFO David Morris reflects on decades of growth and persistence, emphasizing the importance of human capital, data-driven decisions, and patient, long-term strategy. Morris shares insights into Guardian’s journey from a single pharmacy to 50 nationwide, discussing the strategic milestones of investing in talent, data infrastructure, and a robust financial planning process.

CFO 52
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200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs

CFO News

At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore ($100 million) from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday.

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Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs

CFO Dive

The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely economic policy shifts that may fuel inflation.

Economics 240
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Paramesu Biotech files Rs 600 crore IPO papers with Sebi

CFO News

Paramesu Biotech Ltd, a leading manufacturer of maize-based products, recently filed for an IPO to raise Rs 600 crore. The company plans to use the funds for expansion and debt repayment. Paramesu Biotech has a strong market presence in India and abroad. Its revenue and profits have shown consistent growth in recent years. Pantomath Capital Advisors will manage the IPO.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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4 employment actions to expect under a second Trump presidency

CFO Dive

Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.

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Tamil Nadu sanctions Rs 29 crore to expand industrial infra in Trichy; footwear park to create jobs

CFO News

To accommodate growing industrial demand, the Tamil Nadu government is investing ₹29 crore in infrastructure upgrades for the Manapparai Sipcot industrial park. This includes new roads, drainage, and a water supply network. Additionally, a new 100-acre industrial park will be established in Padalur to support the expanding non-leather footwear sector in the region.

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10 Investing Lessons from the 2024 Election

Barry Ritholtz

Well, that was interesting. Every presidential election in the United States, regardless of the outcome, offers something to be intrigued by. 2024 was no different. I have spent much of my career studying human decision-making and behavior, especially when we engage in herd behavior. This election provided some lessons for those who were paying attention.

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Mukesh Ambani's Big Move: Reliance Enters Snack Market To Challenge Haldiram & Britannia

CFO News

Reliance Industries chairman Mukesh Ambani is planning big about the snacks business expansion. The company's plan to enter into the consumer markets, especially snacks has triggered a competition.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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The Wisdom and Madness of Crowds: Market Prices as Political Predictors!

Musings on Markets

In this, the first full week in November 2024, the big news stories of this week are political, as the US presidential election reached its climactic moment on Tuesday, but I don't write about politics, not because I do not have political views, but because I reserve those views are for my friends and family. The focus of my writing has always been on markets and companies, more micro than macro, and I am sure that you will find my spouting off about who I voted for, and why, off-putting, much a

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Europe's ESMA wish to audit CCIL 'extra jurisdictional', will never agree to the demand: RBI DG

CFO News

"There is no way we can agree to that. It is not possible to agree to that without compromising on your sovereignty of, you know, policymaking. There is no way anyone can agree. If other countries have agreed, I do not understand how they have," RBI Deputy Governor T. Rabi Sankar said.

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MGL, IBC US sign pact to set up Li-ion battery cell manufacturing facility in India

CFO News

The move aims to reduce dependency on imports and support the “Make in India” initiative by setting up a giga factory in Bangalore, where prismatic NMC cells will be produced for the mobility and battery storage sectors.

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Haldiram Bhujiawala secures Rs 235 crore from Pantomath's Bharat Value Fund; sells minority stake

CFO News

The funds will be used to expand Haldiram’s manufacturing capabilities and enter new markets. BVF, which recently launched its third fund with a corpus of Rs 2,500 crore, invests in profitable, growth-stage companies. Haldiram Bhujiawala is its sixth investment.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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India continued to lead APAC office market activity, driving over 70% of the total demand during Q3 2024

CFO News

The Asia Pacific office market is expected to witness growth in 2025. Demand for office spaces surged in the third quarter of 2024. India dominated the market, accounting for over 70% of the total office demand. Bengaluru and Hyderabad led the demand in India. Rental rates are projected to rise due to robust demand.

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Charity by India Inc up 4%, Nadar biggest giver

CFO News

Indian philanthropists donated a total of Rs 8,783 crore in FY24, a modest increase from the previous year. Shiv Nadar topped the list for the fourth consecutive year, donating Rs 2,153 crore, primarily towards education. The EdelGive-Hurun India Philanthropy List 2024 highlights the growing trend of substantial donations among India's wealthiest individuals.

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Tax reforms, simpler customs procedure top Budget wishlist

CFO News

Indian industry bodies met with revenue secretary Sanjay Malhotra. They presented their tax proposals for the upcoming budget. The Federation of Indian Chambers of Commerce and Industry (FICCI) proposed comprehensive tax reforms. The Confederation of Indian Industries (CII) suggested simplifying the goods and services tax (GST) regime.

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Income Tax department searches Truecaller India offices in tax evasion case

CFO News

The company said in a public statement that "On Thursday 7 November 2024, Truecaller's India offices were visited by Indian Tax officials.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.