CFO Dive
MAY 14, 2024
Accounting for every dollar was largely just an elusive aspiration in finance circles — until artificial intelligence arrived, writes Globality’s Seth Catalli.
Navigator SAP
MAY 14, 2024
As seen in, PR Newswire , Navigator Business Solutions is proud to announce its ongoing partnership with SAP and its achievement of the Grow with SAP program designation. Read the official press release here.
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CFO Dive
MAY 14, 2024
The average annual budget for SOCs — a one-stop shop for managing cyber threats — is $14.6 million, according to a KPMG survey of large firms.
Global Finance
MAY 14, 2024
Automaker Stellantis and Chinese electric automaker Leapmotor agreed on a joint venture to sell electric vehicles outside of China, according to the two companies on Tuesday. Beginning in September, Netherlands-based Stellantis will sell the Chinese-built Leapmotor vehicles throughout Europe, with Leapmotors’s lineup complementing its selection of cars.
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Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.
CFO Dive
MAY 14, 2024
“We have the highest interest rates in some time,” Powell said Tuesday. “The question is, ‘is it sufficiently restrictive?
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO Dive
MAY 14, 2024
The prevailing attitude among companies seeking to go public is to achieve profitability beforehand, Ben Gammell said.
CFO News
MAY 14, 2024
A recent report by Sophos unveils a decline in ransomware attacks on Indian companies, down to 64%. However, higher ransom demands and a shift in recovery tactics pose intensified challenges.
CFO Thought Leader
MAY 14, 2024
At just 16, Tucker Marshall unsuccessfully sought a humble beginning at The J. M. Smucker Company—not in the back office but on its lush grounds, hoping to cut grass. Such an early rejection—due to a company policy favoring employees’ families first—did little to deter him. Instead, it left with him an indelible admiration for the company’s culture and its loyalty to its extended family.
CFO News
MAY 14, 2024
The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
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CFO Simplified
MAY 14, 2024
Every business owner knows that one of their biggest assets is Inventory. But if your business doesn’t have shelves in a warehouse filled with products for sale, you might think that you don’t need to worry about all of the issues and problems that go along with managing, protecting and selling that inventory. Actually, there are different kinds of inventory, and as a result, every business has inventory.
CFO News
MAY 14, 2024
GTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
Bank of the West
MAY 14, 2024
Our customer contact centre, BMO Virtual Connect, has gained global recognition for its commitment to innovation and customer satisfaction. Most recently, we won the Business Transformation & Operational Excellence Award… Read more The post BMO Virtual Connect recognized for digital transformation and operational excellence appeared first on About BMO.
CFO News
MAY 14, 2024
In his insightful article, Deepak Goyal, Group CFO of APL Apollo Steel Tubes Ltd, delves into the indispensable role of financial leadership in propelling the growth and resilience of India's burgeoning steel industry.
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
The Finance Weekly
MAY 14, 2024
What could happen if a business does not have proper inventory management? Without proper inventory management, a business might frequently run out of popular products. This leads to stockouts, where customer demand cannot be met. As a result, customers may turn to competitors to fulfill their needs, causing the business to lose sales and potentially long-term customers.
Reval
MAY 14, 2024
Milan, Italy, 26 March 2024: LIST, an ION company, announces that the third. The post ION-owned LIST completes third and final phase of migrating clients onto Euronext’s Optiq trading platform appeared first on ION.
CFO News
MAY 14, 2024
India's weight in MSCI's Global Standard index hits a record high, narrowing the gap with China. The rise boosts prospects for more inflows into equity markets. Consistent flows from domestic institutional investors could see India surpass 20% weightage by 2024. May review to bring about $2 billion inflows; Analyst Abhilash Pagaria comments on the potential growth.
Future CFO
MAY 14, 2024
Banking software system provider Temenos launched its financial processing solution, Temenos Positions, to transform banking operations for institutions with complex, multi-core systems across multiple lines of business in both retail and corporate banking. According to a press release, the new lean solution serves as a real-time source for maintaining and sharing balances, instruments, and financial movements across an entire bank's system landscape, regardless of underlying technology stack.
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
CFO News
MAY 14, 2024
Financial incentives like tax breaks and subsidies can boost the adoption of green manufacturing practices. Experts emphasize the need for sustainable supply chains and investments in energy-efficient technologies. Companies are increasingly focusing on sustainability, with Indian firms leveraging sustainable loans and investing in recycling.
CFO News
MAY 14, 2024
The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.
CFO News
MAY 14, 2024
Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.
CFO News
MAY 14, 2024
Former DHFL director Dheeraj Wadhawan was arrested by the CBI in connection with a Rs 34,000-crore bank fraud case. He was charge-sheeted in 2022, produced before a special court in Delhi, and sent to judicial custody. Wadhawan was earlier arrested in the Yes Bank corruption case and is linked to the biggest banking loan fraud in India.
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Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.
CFO News
MAY 14, 2024
NCLAT orders lifting of lien on ITNL's account, deeming Maharashtra tax department's attachment contrary to previous decision. PNB seeks interim distribution of Rs 12 crore from ITNL's account towards debt, allowing IL&FS board to consider fund distribution.
CFO News
MAY 14, 2024
India's wholesale price index-based inflation accelerated to 1.26 per cent in April on an annual basis as against 0.53 per cent in March, data from the Commerce Ministry on Tuesday showed.
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