Thu.Feb 16, 2023

article thumbnail

Nonprofit Budgeting Best Practices

The Charity CFO

Nonprofit budgeting best practices are often the difference between success and failure for the organization. Budgeting is a crucial element of understanding the financial health of your organization. Budgeting for nonprofits is very different from for profits, and a well-developed budgeting process can provide meaningful insight into the strength of your organization and your progress toward your mission.

article thumbnail

Paymentus hands interim CFO severance benefits

CFO Dive

The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.

CFO 247
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

WFH vs RTO

Barry Ritholtz

Do you want to continue working from home? Is it past time to return to the office? How much collaboration can you do remotely? How much screen time are you wasting in the office? This has become a contentious debate between senior management at large companies and their staffers; it is especially true for younger employees. As always, there are much broader factors driving this issue than what appears on the surface.

Planning 119
article thumbnail

KPMG cuts nearly 2% of US staff

CFO Dive

KPMG’s layoffs affect close to 700 U.S. workers in the Big Four firm’s advisory business, according to a source familiar with the matter. The employees were notified Wednesday.

204
204
article thumbnail

New DOL Final Overtime Rules: Quickstart Guide for Employers

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.

article thumbnail

Ralph Hess on Life Science Success - Podcast with Don Davis

Navigator SAP

206
206

More Trending

article thumbnail

January Job Stats: Mass Layoffs… and a Hiring Boom?

The Finance Weekly

Mass layoffs, especially in the tech industry, are all over the news. Inflation is still hovering around 40 year highs despite huge interest rate hikes. And according to most surveys and reports, companies have high levels of , recession fears. Based on the news, the economy should be in a serious downturn, but the opposite seems to be true. Employers keep hiring at a record pace and the U.S. , added 1.1 million jobs over the past 3 months alone!

article thumbnail

CFOs aim to expand budgets for sales, supply chain

CFO Dive

CFOs are preparing to bump up spending in sales, corporate IT and supply chain, but are keeping a close watch on economic conditions before shelling out new funding.

Sales 183
article thumbnail

Six in 10 Indian companies express intention to hire more freshers: Survey

CFO News

According to the latest Career Outlook Report, the overall hiring intent for freshers to experienced professionals has marginally increased to 68% from 61% registered in July-December 2022 HY.

98
article thumbnail

A one-way ticket to ServiceNow’s CFO seat

CFO Dive

From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.

CFO 202
article thumbnail

Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

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.

article thumbnail

30-year TIPS auction gets a real yield of 1.55%, highest in nearly 12 years

Tips Watch

By David Enna, Tipswatch.com A new 30-year Treasury Inflation-Protected Security — CUSIP 912810TP3 — auctioned today with a real yield to maturity of 1.550%, the highest auctioned yield for this term since June 2011.

article thumbnail

10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Five Clues This Isn’t Just a Bear Market Rally : The S&P 500 is up 17% from the October lows, the same magnitude as the 17% rally we saw last summer. Back then, stocks rolled back over and made new lows, something most strategists on tv are saying will happen again. Well, the facts are changing for us, and as Keynes told us in the quote above, we had better change our minds as well.

article thumbnail

ReNew in talks with lenders for Rs 4,000-cr debt raise

CFO News

In January 2022, India Clean Energy Holdings, an affiliate of RPPL, raised a $400 million senior secured bond at 4.5 per cent. ReNew's bonds are currently rated Ba3 by Moody's.

article thumbnail

CFOs: Cost cutting isn’t the best way to deal with uncertainty

Future CFO

Cost cutting might be the first thing that comes to mind when there's economic uncertainty. Lee Thong Tan (pictured), CFO Practice Lead, Asia, Workday explained in an interview with FutureCFO why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing challenges. Lee Thong Tan, CFO Practice Lead, Asia, Workday (Photo: Workday) Future CFO: How can risk management help organisations build business resilience and ride through economic uncertainty?

CFO 52
article thumbnail

Your Guide to Creating a Travel Policy

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.

article thumbnail

Unleashing Animal Spirits

CFO News

Apart from easing business and launching incentive schemes for several manufacturing sectors, the government in the Union Budget has stepped up its own capital expenditure by a record 33 per cent to Rs 10 lakh crore for FY24, hoping that it will cascade and kickstart a virtuous

article thumbnail

Smart Tips For Protecting Your Rights When Starting A Business

Financial Analyst Insider

When you decide to start a new business, there are a lot of important things to think about. Naturally, you will be focusing on your The post Smart Tips For Protecting Your Rights When Starting A Business appeared first on Financial Analyst Insider.

article thumbnail

60 pc private insurers see rapid rise in fraud: Deloitte survey

CFO News

Insurance companies in India have experienced a rise in fraud instances in life and health insurance, and increased digitisation, remote working post pandemic and weakened controls are key factors contributing to frauds, according to Deloitte's Insurance Fraud Survey 2023.

52
article thumbnail

Webinar: Analyst Report Series: Supply Chain Finance & Cash Conversion Cycle | March16

Strategic Treasurer

Analyst Report Series Webinar Supply Chain Finance & Cash Conversion Cycle Register Now Date Thursday, March 16, 2023 Time 2:00 PM – 3:00 PM EST Where This is an online event Speakers Paul Galloway, Strategic Treasurer Craig Jeffery, Strategic Treasurer Hosted By 1.2 CTP and FP&A re-certification credits will be given for attendance to this live webinar.

Finance 52
article thumbnail

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.

article thumbnail

Co-working companies, tax experts ask government to simplify GST registration

CFO News

Despite benefits and flexibility offered by the coworking operators, an evident roadblock was the denial of GST registration when the ‘principal place of business’ was applied for at such shared spaces.

52
article thumbnail

80: What Is the Debt Market?

Strategic Treasurer

Session 80 Coffee Break Session: What Is the Debt Market? What is the debt market? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to chat about the debt market. They discuss who the players are, how issuers and investors monitor the debt markets, and the difference in perspectives. Listen in and learn a little bit about the debt market.

article thumbnail

Budget took note of external factors: Finance Minister Nirmala Sitharaman

CFO News

"The priority is to keep the growth momentum as it is and also to make sure that the further support measures for sustaining growth.And be conscious of the fact that challenges which are extraneous to India. External challenges will have to be kept in mind. We should be ready for any unpredictable events from outside of our border," she said when asked what the priorities were when the budget was given a final shape.

article thumbnail

The Best FP&A Tools - Guaranteed to Speed Up Planning, Forecasting & Analysis

Lime Light

Understanding the Best FP&A Tools and Their Benefits Managing your business’s finances through excel is manageable – at first. But at a certain inflection point, this becomes untenable; a few excel sheets becomes a few dozen or even hundred , draining hours of your time. The best FP&A tools can put an end to this wasteful cycle – and better yet, they can help your organization leverage key insight that otherwise may not be attainable with excel.

article thumbnail

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.

article thumbnail

Rs 7,017-crore Adani Power deal to acquire DB Power assets falls through

CFO News

Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2x600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.

52
article thumbnail

Welcome Sherri Taylor

Focus CFO

We are pleased to announce that Sherri Taylor has joined FocusCFO as a recruiter.

52
article thumbnail

Renewable companies missing project deadlines to be blacklisted

CFO News

"If any renewable energy project is not completed by the prescribed date of completion, then its bank guarantee should be encashed and the developer blacklisted after asking to show cause," the order issued by the new and renewable energy ministry said.

Banking 52
article thumbnail

Government may also convert Vodafone Idea's AGR and spectrum dues into equity: Analysts

CFO News

Vi's cash crunch - it had a cash balance of ₹160 crore at December end - has meant it has been unable to invest meaningfully in expanding 4G networks and roll out 5G services, leading to consistent subscriber losses to rivals Reliance Jio and Bharti Airtel. Vodafone Idea lost 65 basis points subscriber market share in the fiscal third quarter compared to 35 and 30 bps growth for Airtel and Jio, respectively.

article thumbnail

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.