Fri.Oct 27, 2023

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Understanding machine learning, natural language processing for finance leaders

Future CFO

As today's world evolve along with technology, finance leaders are expected to keep up so as not to be left behind in the market. It has been seen and proven in the past few years how important it is to be in-the-know when it comes to the latest technological development , especially if one is among the leaders of an organisation. Among the many advancements a finance leader must wrap his or her head around are machine learning (ML) and natural language processing (NLP).

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The Future of SAP Business ByDesign: 2023 and Beyond

Navigator SAP

SAP Business ByDesign has grown into a trusted, mature ERP solution for fast-growing and medium-sized business since its initial release in 2007. With its use of SAP’s new Business Technology Platform (BTP), Business ByDesign is further evolving into a core product for businesses not ready for SAP’s flagship S/4HANA ERP solution.

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Trending Sources

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5 ways CFOs can support workers in times of crisis

CFO Dive

“Most importantly, ask how employees are doing and then just listen,” Catalyst's Tara Van Bommel says.

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I Bond’s fixed rate: An updated projection

Tips Watch

By David Enna, Tipswatch.com Back on Oct. 8 I posted an article, “The I Bond’s fixed rate will rise. But by how much?” attempting to forecast the potential new fixed rate for the U.S.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Buzzfeed taps treasurer for next CFO

CFO Dive

The financial leadership shift comes as a move to AI-generated content failed to bolster the digital media company’s revenue.

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More Trending

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Consumers, inflation give hopeful Halloween retailers a dose of the scaries

CFO Dive

Total Halloween spending is forecast to hit $12.2 billion this year, but rising wage and sugar costs are cutting into profits.

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Weekend Reading For Financial Planners (October 28-29)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity of their financial goals.

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Ensuring your separation agreements are OK as SEC steps up whistleblower protection

CFO Dive

Even private companies could be hit if the agency believes contract language discourages, not just prohibits, employees from talking with federal agencies.

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The Trillion Dollar Question

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Rick Brink, and Downtown Josh Brown discuss inflation, what constitutes a recession, monetary policy, going long duration, the biggest risks to the market, and more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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EBITDA in Financial Analysis

Spreadym

EBITDA stands for "Earnings Before Interest, Taxes, Depreciation, and Amortization." It is a financial metric that is often used to assess the operating performance and profitability of a company. EBITDA is calculated by taking a company's net income and adding back interest, taxes, depreciation, and amortization expenses. Here's a breakdown of what each component means: Earnings: This refers to a company's net income or profit, which is the amount of money a company has earned after deducting a

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Coming to Charlotte to Talk the Value of Cash

Barry Ritholtz

Since the Great Financial Crisis in 2008-09, the income portion of portfolios has been almost an afterthought. Your checking and savings accounts earned less than 30bps; so too did the cash sitting in your brokerage account. Equities did well, averaging ~14% during the 2010s, but Bonds, not so much. For the decade1 from 2012 to 2022, 10-year Treasuries yielded less than 3% and averaged closer to 2%.

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Tourism finance industry headed for exponential growth over the next decade

CFO News

The growing technological advancements such as online travel portals, mobile app-based bookings, online payment tools have made it easier to book travel and accommodations. With continued government support, the tourism and hospitality sectors in India are now poised for exponential growth over the next ten years.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Forget the ‘death of downtowns’ — we’re about to experience the Big City Renaissance. But this bleak future is not set in stone. Cities like New York, San Francisco, and Chicago can use the short-term challenges of the remote-work shift to reinvent themselves, enhance their quality of life, and attract footloose residents.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Revenue growth marks start of new upcycle at Reliance

CFO News

Reliance Industries reported strong Q2 growth across its energy, retail, and telecom divisions, with a 30% YoY rise in operating profit to ₹44,867 crore. Robust performance in the oil-to-chemicals, exploration, and retail segments, along with a surge in Singapore gross refining margin, contributed to RIL's success. With RIL's improving financials and debt stabilization, investor concerns have eased.

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Success(ion) Planning: India Inc stresses on plans for next-in-lines amid talent war

CFO News

Besides, a push from boards and investors amid a manifold increase in the complexity of risks facing any company is leading many - especially in sectors such as financial services and technology, and at large diversified conglomerates - to take succession planning to at least two levels below the CEO and CXOs.

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India's work culture needs to be transformed, says Infosys founder Narayana Murthy

CFO News

“For the first time in the last 300 years, India has received some respect in the eyes of the committee of nations and it is the responsibility of every Indian, but more of the youth, to consolidate that respect,” Murthy said on the first episode of 3one4 Capital's podcast, 'The Record'. He was in conversation with T V Mohandas Pai, former CFO and Board Member of Infosys.

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Sandip Garg takes over as whole-time member of IBBI

CFO News

Former tax officer Sandip Garg, who previously served as the executive director of the Insolvency and Bankruptcy Board of India (IBBI), has been appointed as a whole-time member of the bankruptcy regulator. Garg, a 1992-batch Indian Revenue Service officer, had a wide range of responsibilities during his tenure at the IBBI.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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FinMin notifies prospective levy of GST on corporate guarantees

CFO News

The finance ministry has issued a notification stating goods and services tax will be levied on guarantees provided by corporates to their subsidiaries prospectively. The Goods and Services Tax (GST) council, comprising central and state finance ministers, had earlier this month clarified on the taxability of corporate guarantee, saying it would be subject to 18 per cent GST.

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Tata to make iPhones from India for domestic, global markets: MoS Rajeev Chandrasekhar

CFO News

The Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, made a notable announcement on Friday. He revealed that India's renowned Tata Group is set to commence the production of iPhones, catering to both the domestic and global markets, right here in India.

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Reliance's next-gen Ambanis win shareholders' nod to become non-executive directors

CFO News

Shareholders of the diversified conglomerate Reliance Industries have given their consent for the appointment of Isha Ambani, Akash Ambani, and Anant Ambani as Non-Executive Directors. During RIL's AGM, Chairman Mukesh Ambani stated that his three children are confidently taking over the reins, marking a significant step in succession planning for India's most valuable private sector company.

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Navigating India's economic challenges: Raghuram Rajan and Rohit Lamba offer solutions in new book

CFO News

In their book, the authors propose a number of strategies for accelerating India's economic development, and these include investing in human capital, expanding opportunities in high-skilled services, and fostering innovative manufacturing of new products. They also emphasize the importance of making India a hub for ideas and creativity to drive growth.

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Amazon will continue to invest in emerging markets: CFO Brian Olsavsky

CFO News

Since launching its ecommerce business in the country in 2013, Amazon has invested about $6.5 billion to build out its digital commerce footprint.

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Reliance Industries Q2 Results: Net profit rises 30% YoY to Rs 19,878 crore

CFO News

RIL Q2: RIL's gross revenue rose 1.2% YoY to Rs 255,996 crore. During the quarter, the company's EBITDA margin rose 390 bps to 17.5%.

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