Thu.Mar 23, 2023

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IT department launches mobile App for taxpayers to view and correct AIS

CFO News

Taxpayers can use the app to view their information related to Tax deducted at Source (TDS), interest, dividends, share transactions, tax payments, Income Tax refunds and other Information, including GST Data and foreign Remittances as available in AIS.

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How to enhance the cybersecurity of operational technology environments

Mckinsey and Company

Cyberattacks on operational technology systems have been on the rise since the start of the COVID-19 pandemic. Their huge impact on industrial operations means that organizations must find answers—quickly.

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Luckin Coffee’s ‘revenue reckoning’ takeaways

CFO Dive

The Beijing-based company was initially viewed as a kind of David poised on its home turf to take on the Goliath of the coffee world — Starbucks — in China.

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Experience-led growth: A new way to create value

Mckinsey and Company

A strategy focused on improving the experience of existing customers can deliver breakthrough growth for incumbent companies—often more than double that of their industry peers.

Sales 228
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8 Sins of a Manual Reconciliation

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

Business operations are getting increasingly complex, shareholders are demanding more, and your auditors are breathing down your neck like never before. In this high-pressure environment, it’s important to remember that reconciliation activity is your last line of defense against financial fraud and errors. Insisting on a manual process to handle month-end reconciliations is a risky endeavor that places an undue burden on your accounting team.

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ESG poised to gain traction as CFO priority: Gartner

CFO Dive

Many organizations are shifting away from a purely “risk management” approach to ESG and are viewing it as a way to attract customers, investors and talent — a trend that will only increase in coming years, according to Gartner.

CFO 247

More Trending

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Hindsight 2020: An unlikely road to Snowflake’s CFO seat

CFO Dive

From a travel excursion to Italy to uncovering massive fraud, Mike Scarpelli had his fair share of challenges on his way to the CFO seat.

CFO 243
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A guide to investing in Black economic mobility

Mckinsey and Company

Large segments of the Black population in the United States are underserved on a range of socioeconomic dimensions. Here’s how impact investors can help close that gap.

Economics 200
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Diversity of thought sharpens finance strategies, TS Imagine CFO says

CFO Dive

Women need to be the ‘yardstick for excellence’ and advocate for themselves as they look to take leadership positions, TS Imagine CFO Kate Peachway says.

CFO 218
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The Committed Innovator: Working with start-ups

Mckinsey and Company

Innovators from large organizations talk about working with start-ups, and how each can support the other.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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The Key to Financial Success: The Right ERP for Accounting

Navigator SAP

Accounting is one of the most critical functions of any business and choosing the right software to manage it can be a daunting task. Enterprise Resource Planning (ERP) software is an integrated system that enables organizations to manage business processes and automate various functions.

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Voices of CEO excellence: Blackstone’s Stephen Schwarzman

Mckinsey and Company

The chairman, CEO, and co-founder of the global investment management firm traces his journey as a business leader, financial innovator, and philanthropist.

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10-year TIPS reopening auction gets real yield of 1.182%

Tips Watch

By David Enna, Tipswatch.com The U.S. Treasury just reported that its offering of $15 billion in a reopened 10-year TIPS — CUSIP 91282CGK1 — generated a real yield to maturity of 1.182%, a bit higher than expected.

Treasury 105
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The ongoing crisis of homelessness in the Bay Area: What’s working, what’s not

Mckinsey and Company

Envisioning a response to homelessness that reflects understanding that the journey into—and out of—a home is often unique to the individual.

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Chit Chat: Elevating the Month-End Close Process Through Automation – Lancaster Leaf

Speaker: Raul Perez, VP and CFO of Lancaster Leaf

Lancaster Leaf Tobacco Co Inc. is a subsidiary of Universal Corporation, the leading global leaf tobacco supplier. Lancaster Leaf supplies virtually all the major cigar manufacturers in the U.S. with filler, binder, and wrapper, and exports filler, binder, and wrapper to international cigar manufacturers. This all could mean a complicated month-end close - before automation.

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CFOs are rushing to safety

CFO News

Amidst the current economic turmoil, safety is of utmost importance to businesses. CFOs are guiding their companies towards secure places to invest their capital. Investor chatter is driving this behaviour towards safety, with major banks like JPMorgan, Citibank, and Bank of America presumably seeing huge inflows of funds.

Banking 98
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Fearless finance: Mercy Phetla on how debit orders led to death threats

CFO Talks

Written by Staff Writer “I didn’t even know that the town of Schweizer-Reneke existed, when I drove here for the interview, it felt like it was at the end of the world,” Mercy Phetla told the CFOTalks podcast in April last year.” Phetla was interviewing for the post of CFO at Mamusa Local Municipality. “I was job hunting when I saw the advert, so I Googled about Mamusa and saw that there were a lot of things that the Auditor General has raised, a lot of things that gave me chills, but because I

Finance 94
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Deloitte in India will add more than 50,000 people in 3-5 years: CEO

CFO News

The overall organisation had about 5,000 people when I took over in 2015, and now we have almost 24,000. In the next 3-5 years, Deloitte in India will add more than 50,000 people.

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vcfo Austin Welcomes Pamela Hooper, Senior People Operations / HR Consultant

VCFO

Pamela Hooper has joined the vcfo team to serve as a Senior People Operations / HR Consultant for clients in the Austin and Central Texas areas. Pamela is a solutions-oriented senior people operations executive with more than 25 years of experience in human resources. She is a true HR generalist with an extensive background in business strategy, talent acquisition and management, total rewards, coaching, and organizational development.

CFO 52
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Consolidation Solution Checklist

Finally, a solution for all. The need for a consolidation engine varies from one organization to the next. Mid-market companies have been forced to rely on standalone Excel and Tylenol for too long. Download the checklist to see if it’s a consolidation solution that’ll get rid of those darn headaches.

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Recognizing the Signs: When to Outsource Your Finance & Accounting Services

E78 Partners

Often, you find yourself wearing multiple hats – managing cash flow, budgets, compliance, and more. When your team is stretched thin, outsourcing your finance and accounting services can be an effective solution, allowing you to focus on core competencies and achieve long-term growth for your company. But how can you identify the right moment to make such an important change?

Finance 52
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Bank failure risks: Are APAC banks resilient ?

Future CFO

While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch , APAC banks are resilient to the recent bank failure risks. “Direct exposures to Silicon Valley Bank (SVB) and Signature Bank among Fitch Ratings’ portfolio of rated banks in APAC appear limited,” the credit rating agency said.

Banking 52
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Billionaire Ambani adopts familiar playbook in cola battle vs Coke, Pepsi

CFO News

Controlled by billionaire Mukesh Ambani, Reliance this month launched revamped Campa drinks, sugary sodas popular in India in the 1970s and 1980s before disappearing from shelves as the U.S. giants expanded rapidly in a liberalising economy.

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Training Module: CS Lucas Cash Forecasting (SEA) – Register here

CS Lucas

In current uncertain economic times, cash flow forecasting is becoming an ever more important tool for companies. Restructuring your treasury functions to changes swiftly requires modernization, flexibility and preparation. It’s important for treasurers to continually revisit and hone their cash forecasting strategies via automation and collaborative working in these everchanging times.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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Inflation will remain the Fed’s greatest priority — with the banking crisis tightening credit, it may not need to raise rates much: Darrell Duffle

CFO News

"The European Central Bank (ECB) recently raised interest rates by twice the normal amount and Christine Lagarde was praised by Larry Summers for not succumbing to ‘financial dominance’ — this means the fight to cure inflation should not take second chair to the need to protect investors and markets. Christine Lagarde was right to push ahead and I think the Fed will see inflation as its greatest priority," Duffle said.

Banking 52
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Guide: How to Best Secure Your Business’ Finances 

Financial Analyst Insider

Growing a business is something that takes time, effort, and a lot of patience, and it usually isn’t just something that happens overnight. Some might The post Guide: How to Best Secure Your Business’ Finances appeared first on Financial Analyst Insider.

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Vedanta taps Gulf funds, explores 10% stake sale in India unit

CFO News

Sales 52
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Webinar: 2023 Treasury Perspectives Survey Results | April 20

Strategic Treasurer

2023 Treasury Perspectives Survey Results April 20 | 11:00 AM EDT Register Now Date Thursday, April 20, 2023 Time 11:00 AM – 12:00 PM EDT Where This is an online event Speakers Michael Gordon, TD Bank Tom Gregory, TD Bank Craig Jeffery, Strategic Treasurer Sponsored By Hosted By 1.2 CTP and FP&A re-certification credits will be given for attendance to this live webinar.

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Live Demo: Bring Magic to Your Month-End Close

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, almost like magic! 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 au