Wed.Jan 08, 2025

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CFOs seek ‘right mix’ of skills for 2025: Gartner

CFO Dive

Finance chiefs are seeking talent equipped with both technology and “analytical storytelling” skills to help meet their goals in the new year, Gartner’s Alexander Bant said.

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IDC FutureScape: Worldwide Intelligent ERP 2025 Predictions Summary

Navigator SAP

The IDC FutureScape report highlights key trends and predictions shaping the future of enterprise resource planning (ERP) and enterprise application technologies. The document emphasizes how AI, particularly Generative AI (GenAI), is transforming business operations and enabling a shift toward more automated and efficient workflows. The main predictions and drivers provide a roadmap for organizations aiming to modernize their systems, optimize processes, and maintain competitiveness in a data-dr

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Cyberattacks, tech disruption ranked as top threats to business growth

CFO Dive

Forty percent of executives view data breaches and leaks as the most financially burdensome man-made threats, a Chubb study found.

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How Employer Roth Contributions To Solo 401(k) Plans Reduce The QBI Deduction (And Increase Taxes) For Self-Employed Workers

Nerd's Eye View

Solo 401(k) plans are a popular retirement savings vehicle for self-employed business owners. One of their key features is the ability to make contributions both as an "employee" of the business and as the "employer", i.e., the business itself. By maximizing both the employee employer contributions, solo 401(k) plan owners can often save significantly more than is possible with other types of retirement plans available to self-employed workers, like SEPs and standard IRAs.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Freddie Mac promotes interim finance chief to CFO

CFO Dive

The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.

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How to Prepare Your Finance Team for Growth 

CFO Talks

How to Prepare Your Finance Team for Growth One of your most important roles is to nurture and develop your finance team. After all, a strong and adaptable team is key to achieving long-term success in a competitive business environment. Preparing your finance team for growth is not just about giving them new tasks; its about equipping them with the skills, mindset, and tools to thrive in a changing world.

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TreasuryDirect is sending out a survey on the savings bond gift-box. Here are the details.

Tips Watch

By David Enna, Tipswatch.

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At the Money: Matt Hougan on Crypto Technology

Barry Ritholtz

SPOTIFY EMBED St. Vincent – Digital Witness [link] Digital witnesses, what’s the point of even sleeping? If I can’t show it, if you can’t see me What’s the point of doing anything? This is no time for confessing At The Money: with Matt Hougan on Crypto Technology (January 8, 2025) Are you crypto-curious? Are you interested in owning some bitcoin, Ethereum, or other crypto-coins?

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Riding the Waves of Change: How CFOs Can Steer Business Success

CFO Talks

Riding the Waves of Change: How CFOs Can Steer Business Success The world of business is rarely predictable. Economic changes, whether due to inflation, global disruptions, or evolving consumer behavior, require businesses to be agile and adaptable. As CFOs, you are at the helm of navigating these changes. The right strategies can mean the difference between thriving and merely surviving.

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Live Demo - Supercharge your Month End Close

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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7 key benefits of integrating budgeting and forecasting software

Jedox Finance

Budgeting and forecasting are fundamental for modern Finance teams, yet achieving precision, efficiency, and forward-thinking strategies is often challenging when relying on manual processes. Issues like cumbersome spreadsheets, inconsistent data, and human error often hinder progress. Integrated budgeting and forecasting software offers a game-changing solution for Finance professionalstransforming their operations into seamless, strategic, and data-driven [.

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Balancing Mission With Human-Centered Leadership

The Charity CFO

In this episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Kathryn Hoffman, CEO of the Minnesota Center for Environmental Advocacy (MCEA), to discuss how to balance a big mission with human-centered leadership. As the leader of one of Minnesota’s most impactful environmental organizations, Hoffman shared valuable insights on strategic planning, measuring impact, and creating a healthy work culture.

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Kerala startup to launch India's first eco-friendly compostable water bottles

CFO News

A Kerala startup, under Kerala Irrigation Infrastructure Development Corporation Ltd, will soon launch eco-friendly organic water bottles branded 'Hilly Aqua.' Kerala CM Pinarayi Vijayan will unveil the product in mid-January. The project, backed by Minister Roshy Augustine and developed by Green Bio Products, aims to replace plastic bottles.

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The role of accountancy in risk cultures in healthcare

Future CFO

A collaborative risk culture is revealed to be vital in navigating the complexities surrounding the healthcare sector, and accountancy professionals has a role in facilitating this. According to a report by the Association of Chartered Certified Accountants (ACCA), the healthcare sector faces a perfect storm of risks, from severe skills shortages and rising cybersecurity threats to economic strains and the unintended consequences of artificial intelligence, which all affect patient care.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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India Inc to hike salaries by 8-9% in FY26, predicts TeamLease CFO; sees attrition rising after recovery

CFO News

Ramani Dathi, CFO of TeamLease, expects the Indian job market to recover in the next couple of quarters. She urges India Inc to reassess compensation policies to address rising attrition and employee dissatisfaction.

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From job creation, capex push to tax reforms: What Union Budget 2024 delivered

CFO News

Union Budget 2024 announced measures in line with the idea of 'Viksit Bharat by 2047' with a focus on employment, skilling, infrastructure, and middle-class empowerment. Key measures included Rs 11.11 lakh crore for infrastructure, abolition of angel tax, agriculture digitisation, natural farming initiatives, and Rs 3 lakh crore for womens welfare, and more.

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Budget 2025 can position India as the world’s China Plus One hub with manufacturing prowess

CFO News

Manufacturing Industry Budget 2025: India's ambition to emerge as a global manufacturing powerhouse has spotlighted diverse sectors, including medicinal plants, handicrafts, leather and footwear, gems and jewelry, and even the space industry. At the same time, the implementation of the four labor codes across states plays a pivotal role in boosting the industry's competitiveness and drawing investments.

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India's mobile phone production capacity: Unutilised potential amidst declining demand

CFO News

As much as half of the mobile phone manufacturing capacity in India is unutilised or repurposed due to weak demand globally and domestically. Larger manufacturers are coping better, but smaller players are shifting to other products. Low demand for feature phones and entry-level smartphones is a major contributor.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Zero-touch operations: Super 'AI'way to fast-track business

CFO News

According to data from National Payments Corporation of India, UPI processed Rs 23.49 lakh crores across 16.58 billion financial transactions in October 2024. This marks a 45% on-year growth from 11.4 billion transactions a year ago. UPI now has 632 banks connected to its platform and dominates Indias payments landscape.

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Indian companies sought $2.8 billion in ECBs in Nov: RBI Data

CFO News

Four borrowers, Reliance Industries, Bajaj Finance, InterGlobe Aviation and REC registered to borrow $1.4 billion from the approval route with Reliance alone seeking to borrow $1 billion.

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Tuhin Kanta Pandey appointed as Revenue Secretary; Arunish Chawla named as DIPAM Secretary

CFO News

The Appointments Committee of the Cabinet has appointed Tuhin Kanta Pandey as Revenue Secretary while retaining his designation as Finance Secretary. Arunish Chawla will now lead DIPAM and hold additional charges of the Department of Public Enterprises and Ministry of Culture until further orders.

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Tax all new technology batteries uniformly at 5% GST: IESA

CFO News

India Energy Storage Alliance wants all battery technologies to have a uniform GST of 5% like electric vehicles to support the sector. President Debi Prasad Dash suggests government aid to domestic battery component manufacturers. Imports of lithium-ion cells have increased, and the PLI scheme was introduced to support Indian manufacturers. Further steps for industry protection are advised.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Supreme Court to hear gaming firms’ challenge to 28% GST rule

CFO News

A bench led by Justice JB Paridawala agreed to take up the case on January 10 to consider grant of stay on the show cause notices after gaming companies, which are facing thousands of crores in taxes with retrospective effect, apprehended coercive action by tax authorities.

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DPIIT joins hands with JK Cement to help startups

CFO News

It said the partnership will enable access to cutting-edge infrastructure, manufacturing and R&D facilities, mentorship opportunities, pilot projects and university resources under JK Cement.

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Indian companies sought $2.8 billion in ECBs in Nov: RBI Data

CFO News

Four borrowers, Reliance Industries, Bajaj Finance, InterGlobe Aviation and REC registered to borrow $1.4 billion from the approval route with Reliance alone seeking to borrow $1 billion.

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Noel Tata's daughters appointed to Ratan Tata Institute's board

CFO News

Maya and Leah Tata, daughters of Noel Tata, have joined the Sir Ratan Tata Industrial Institute board of trustees. They replace Arnaz Kotwal and Freddy Talati. This induction is to ensure local involvement in the institute's revamping. Maya and Leah hold key positions in Tata group companies and this move aims to prepare them for larger roles in the future.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.