Wed.Aug 16, 2023

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M&A plunged 39% in Q2 amid rising interest rates

CFO Dive

Sustained economic growth and the prospect of an end to monetary tightening may spur dealmaking during the second half of 2023, top executives said in quarterly earnings calls.

Economics 221
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Benefits of ERP in Manufacturing: Unlocking Hidden Potential Where You Least Expect It

Navigator SAP

As a manufacturer, it’s important that you continuously discover new and more effective ways of running your business so that you can remain competitive. For instance, implementing an enterprise resource planning (ERP) system is one of the best ways to become more efficient.

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Trending Sources

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Three key steps to the fractional CFO seat

CFO Dive

Figuring out your niche — and what you can charge for it — is an essential first step for intrepid fractional CFOs, experts say.

CFO 238
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ERP and Quality Management: A Marriage Made in Business Heaven

Navigator SAP

An enterprise resource planning (ERP) system is designed to help you more efficiently manage your resources by streamlining critical processes such as the sharing of information across departments for better collaboration. This type of system also includes detailed quality management modules, including real-time monitoring capabilities that enable you to closely monitor your supply chain.

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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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SEC settles with Crowe U.K. over botched audit claims

CFO Dive

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

Auditing 229

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How do Financial Controllers Add Value?

CFO Selections

Last year had been dubbed The Year of the Controller by financial recruiters because demand for the position dramatically increased amid uncertain economic times and increased accounting needs at many organizations. This year has seen continued interest in the role and there is no indication that the buzz around the Controller role is slowing down, which means that going into 2024 many companies are still inquiring about how a Controller differs from a CFO (Chief Financial Officer) and how a Con

CFO 98
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ERP for Project Management: Revolutionize Your Workflow

Navigator SAP

A manufacturing ERP system is a powerful resource, providing the data, insights, and detailed reporting executives and managers need to manage complex projects, coordinate their resources, and make data-driven decisions to comply with their objectives and KPIs.

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The Benefits of Automating Budgeting Processes

Centage

Spreadsheets like Excel can be valuable to small businesses for tracking costs and organizing their finances. However, growing companies can find them to be time-consuming and cumbersome. Plus, there’s a strong chance of human error that can throw the information off entirely. Implementing ways to stay competitive and relevant is essential for long-term organizational growth.

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ERP for Project-Based Manufacturing: A Game Changer for Your Business

Navigator SAP

Businesses implement ERP Industry 4.0 systems to give them complete control over their processes, costs, and productivity. They can leverage this same cloud-based software to streamline project management, whether working on a custom or urgent fulfillment requirement or as an ongoing internal control for project-based production. ERP solutions for manufacturing are specifically designed to assist with high-level resource planning and project mapping to identify key deadlines and supply chain req

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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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ETCFO Turning Point: NFRA Chairperson and top CFO speakers to decode next CFO strategy in the VUCA world

CFO News

To navigate uncertainty and complexities of doing business today and tomorrow, ETCFO Turning Point, 2023, a flagship conference is happening in Gurugram on August 18. Register now and join us as we decode CFO strategy for the future.

CFO 98
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ERP Industry 4.0: Riding the Wave of the Fourth Industrial Revolution

Navigator SAP

The fourth industrial revolution is also referred to as ‘Industry 4.0’ or ‘4IR,’ and as thousands of businesses adopt advanced and high-performance software such as an ERP for manufacturing industry corporations, trends in automation, robotics, data analytics, and AI have maintained a rapid pace of growth. Industry 4.0 incorporates a broad scope of applications and intelligent tools and is a significant shift, particularly in the manufacturing world.

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MVIRDC seeks clarity on ITC on capital goods and GST treatment of ESOPs

CFO News

In a policy memorandum to the government, the industry body has listed 12 suggestions including introducing functionality in the GST portal, to improve the indirect tax regime while highlighting the challenges faced by the taxpayers.

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Anti-Money Laundering Practices

VCFO

The Importance and Application of Anti-Money Laundering Practices Anti-Money Laundering (AML) practices and policies are aimed at keeping money that stems from criminal activity out of the mainstream financial ecosystem. Given this definition, owners and operators of legitimate businesses may rightly wonder why in the world they would need to think about AML at all.

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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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Motivational Interviewing Techniques To Help Clients Talk Themselves Into Implementing Advice

Nerd's Eye View

Financial advisors create value for clients not only by giving good advice, but also by ensuring that the advice they give is actually implemented. After all, financial planning is worth a lot more to clients when they act on the advisor's recommendations (and realize the projected outcomes), in contrast to the advisor simply handing clients "The Plan" that is never actually implemented.

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Future of metaverse could hit US$900B

Future CFO

The future of metaverse is rosy despite recent headlines claiming that “metaverse-hype” is dying down, said Bain & Company recently. The metaverse could reach up to US$900 billion by 2030, though it may remain in the seed stage for at least another five to 10 years, the firm added. Bain’s report, Taking the Hyperbole Out of the Metaverse, concludes that the metaverse poses real and growing economic opportunities for businesses.

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Interpreting the Income Statement and Cash Flows

CFO Share

The cash flow statement and the income statement are closely intertwined but measure different aspects of a company’s financial performance. Understanding the complex relationship between the two yields powerful insight into the business health. Here’s how they can be correlated in different scenarios: Mature Firm – Profitable P&L and positive cash flow The most sustainable situation and generally a favorable one as the company is generating profits on the income statement

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Federal Reserve still sees significant inflation risk that may merit more rate hikes, minutes show

CFO News

The response in financial markets to Fed minutes was muted, with Treasury yields little changed and U.S. stocks slightly extending earlier losses. Investors in contracts tied to the federal funds rate are betting heavily that the Fed won't raise its policy rate again during the current tightening cycle.

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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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Provide a ‘WOW’ Experience in your Nonprofit Marketing

The Charity CFO

About David Welcome everyone to A Modern Nonprofit Podcast. Today, we explored the importance of websites, nonprofit marketing, and how to bridge the gaps between departments to achieve digital success. When we think marketing, we think of getting the word out and expressing the mission behind the help non-profit organizations (NPOs) provide. In 2023, this goes much deeper than we could imagine.

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Ola Electric to give India its first Gigafactory next year: CEO Bhavish Aggarwal

CFO News

Ola Electric's founder & CEO, Bhavish Aggarwal, has said that India's first large-scale Gigafactory for rechargeable batteries used in electric vehicles will be operational by next year. The facility will aim to reduce the cost of electric vehicle production with the cells and batteries.

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • Are You Rich? Billionaires know they are. Low-wage workers are very well aware that they aren’t. But vast swaths of America’s “regular rich” don’t feel that way, and it’s keeping everybody down. You know them. They’re lawyers in New York, doctors in Phoenix, dentists in Memphis. They own construction companies in your hometown, burger franchises off the highway, homes in the resort villages your parents want to retire in.

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Cabinet approves 7 projects for Indian railways with an outlay of Rs 32,500 cr

CFO News

Union Cabinet approves seven multi-tracking projects of Indian Railways, Union Railway Minister Ashwini Vaishnaw said at a briefing. The said projects will add 2,339 kilometres to the existing network of Indian Railways. A total of Rs 32,500 crore has been allotted to these projects.

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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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Srei twins resolution plan: Authum appeals against NCLT order

CFO News

On Wednesday, a two judge bench of the National Company Law Appellate Tribunal (NCLAT) issued notices to the committee of creditors (CoC), NARCL, Reserve Bank of India (RBI) and administrator Rajneesh Sharma on the appeal filed by Authum, giving the respondents two weeks to reply to the notice. Authum will get another two weeks after the respondents file their replies.

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Gaming apps converting earnings to crypto, Rs 700 crore moved out of India, reveals GST probe

CFO News

Parimatch, a Cyprus-based group, sits at the centre of the largest such network under investigation, which even advertises during local sports leagues on TV. The Directorate General of Goods & Services Tax Intelligence has recently dismantled one such network linked to Parimatch, the majority of which use multi-jurisdictional communications and transactions to avoid legal action.

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Adani Power promoters sell 8.1% stake for $1 billion

CFO News

According to BSE data, GQG Partners Emerging Markets Equity Fund and Goldman Sachs GQG Partners International Opportunities Fund bought 152 million shares, or a 3.92% stake, at ₹279.15 apiece for ₹4,244.7 crore.

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Kamlesh Varshney, Amarjeet Singh to join Sebi as wholetime members

CFO News

​​ In two separate notifications, the department of economic affairs of the finance ministry said both the appointments are for three years from the date of assumption of charge or until further orders, whichever is earlier. The new members will fill in the vacancies created by the retirement of Ananta Barua and SK Mohanty.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.