Fri.Aug 25, 2023

article thumbnail

GE Vernova announces finance chief ahead of planned spin-off

CFO Dive

Kenneth Parks’ appointment as CFO is the final piece in GE Vernova’s leadership stack before the company spins off as an independent entity.

Planning 236
article thumbnail

How Organizations Can Best Prepare for an ERP Implementation

Navigator SAP

Enterprise resource planning solutions (ERP) dramatically improve an organization’s operational efficiency, standardization and best practices by serving as the nerve-center for an organization. But rolling out a new ERP can be tricky, because these systems touch all parts of a business and therefore implementation is a complex project.

Planning 215
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

Fleetcor CFO targets M&A, sales

CFO Dive

The Atlanta-based payments player’s new CFO doesn’t believe the M&A deal pendulum has fully swung over to a buyer’s market.

CFO 242
article thumbnail

Lessons for Investors from Mini-Panics

Barry Ritholtz

The first post-pandemic presentation I pulled together for my pal Joe Fitzgerald (we worked together in the late 2000s) was a new deck titled: Biggest Mistakes Made by UHNW Investors. In the intervening year, I updated and refined the deck, adding more examples and specific advice. below is my discussion of what the presentation will be like at the MoneyShow in Orlando on October 30.

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

4 takeaways from Powell’s Jackson Hole speech

CFO Dive

Inflation is down from last year, but the Fed plans to keep on the path of restrictive monetary policy until it's at 2%, the central bank’s chair said.

Planning 130

More Trending

article thumbnail

Revlon builds out exec team, names CFO

CFO Dive

The company also brought on a president of North America and a chief strategy and transformation officer.

CFO 130
article thumbnail

Toys for Billionaires: Sports Franchises as Trophy Assets!

Musings on Markets

I have always loved sports, playing tennis and cricket when I was growing up, before transitioning to fan status, cheering for my favored teams from the sidelines. I also like finance, perhaps not as much as sports, but there are winners and losers in the investment game as well. Thus, it should come as no surprise that when the two connect, as is the case when teams are bought and sold, or players are signed, I am doubly interested.

article thumbnail

Zepto becomes unicorn, raises $200 mn at $ 1.4 bn valuation

CFO News

Zepto funding alert: The 2-year-old company has raised funds at a valuation of USD 1.4 billion making it the first unicorn of 2023 in India.

article thumbnail

Weekend Reading For Financial Planners (August 26-27)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent CFP Board survey indicates that consumers do not expect AI tools to replace human financial advisors, but rather supplement advisors' work. Further, 87% of respondents said they would trust advice from human advisors, more than any other source of advice surveyed, and well above the 37% who said they trust generative AI tools.

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

Gulf Oil CFO sees EVs as a complementary opportunity, says open to investments in the space

CFO News

Gulf Oil Lubricants: Manish Gangwal aims for over 10% FY24 revenue growth and 14% margins in the next 2 years.

article thumbnail

Navigating High Interest Rates in 2023: A Guide for SMBs

Focus CFO

As the owner of a small or medium-sized business (SMB), you understand the importance of being prepared for various financial challenges that can arise unexpectedly. One such challenge that has the potential to greatly affect your business's financial health and potentially lead to a cash crunch is the unprecedented surge in high interest rates that we're experiencing in 2023.

52
article thumbnail

Lessors tell court that Go First planes stripped of key parts

CFO News

Aircraft lessors have told the Delhi High Court that bankrupt airline Go First is cannibalising key components from their aircraft according to documents and pictures seen by ET.

52
article thumbnail

Why Entrusting Your Bookkeeping is a Strategic Move for Your Digital Marketing Agency

Adam Kae

The Dance of Business and Bookkeeping In the world of business, the rhythm of success often requires harmonious coordination of various elements. Just like dancing at a party, recognizing when it's time to let someone else take the lead can make all the difference. Such is the case with bookkeeping – a fundamental aspect of your business that, when managed well, can propel your digital marketing agency to new heights.

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.

article thumbnail

SC allows forensic audit of Ruchi Soya Industries

CFO News

The Supreme Court on Friday allowed completion of a forensic audit of Ruchi Soya Industries (now taken over by Baba Ramdev's Patanjali Ayurved) and asked its erstwhile management to cooperate in the process. The audit has been initiated at the instance of IDBI Bank, which is leading a consortium of lenders of Ruchi Soya.

article thumbnail

Features of Headcount Planning

Spreadym

Headcount planning is a strategic process used by organizations to determine the optimal number of employees needed to achieve their business goals and objectives. What is headcount planning? Headcount planning involves forecasting the workforce requirements, aligning staffing levels with the organization's strategic direction, and ensuring that the right skills and competencies are in place to support growth and operational needs.

article thumbnail

India very close to a final call on FTA with UK: FM Sitharaman

CFO News

"An FTA agreement is very close for a final call with the UK and I think negotiations with Canada are also progressing and I expect that to come to a conclusion sooner than later," Sitharaman said. She further said the finance ministry and commerce ministry are working closely on trade agreements with different countries.

Finance 52
article thumbnail

10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • The Great and Awful Thing About These Interest Rates : If you’re depending on income to fund your retirement, 5% rates are a blessing. But if you’re in need of credit, current rates are a curse. ( Irrelevant Investor ) • In a Hot Job Market, the Minimum Wage Becomes an Afterthought : The federal wage floor of $7.25 is increasingly irrelevant when even most teenagers are earning twice that.

article thumbnail

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

article thumbnail

Sebi proposes brokers stay away from unregulated financial influencers

CFO News

The Securities and Exchange Board of India (Sebi) said in a consultation paper that influencers not registered with the relevant financial sector regulator might not have the requisite qualifications or expertise on the subject.

article thumbnail

Govt taking steps to cap food prices, curb rise in fiscal deficit: MPC member Ashima Goyal

CFO News

According to Ashima Goyal, an external member of the Monetary Policy Committee, the recent surge in food prices is unlikely to cause general inflation. The government is taking measures to control food prices while also monitoring its fiscal deficit, she said. Goyal stated that the conditions that led to inflation in 2007-13, such as high food inflation and large fiscal deficits, are not present now.

52
article thumbnail

India’s real estate sector is expected to expand to $5.8 trn by 2047

CFO News

The estimated real estate output value will contribute 15.5% to the total economic output in 2047 from an existing share of 7.3%, mentions the report, India Real Estate: Vision 2047, unveiled by M. Venkaiah Naidu, former vice president of India at NAREDCO’s Silver Jubilee Celebration event in Hyderabad.

article thumbnail

Grasim aims to be 2nd largest player in decorative paints segment: Kumar Mangalam Birla

CFO News

Aditya Birla group firm Grasim Industries aims to become the second largest player in the paints sector which it considers a "high-potential" growth engine along with its new B2B e-commerce business for construction materials, its Chairman Kumar Mangalam Birla said at the company's AGM on Friday.

article thumbnail

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.

article thumbnail

Finance Minister Nirmala Sitharaman stresses India's strength amid global economic concerns

CFO News

Finance Minister Nirmala Sitharaman highlighted India's resilience and potential at the B20 Summit, choosing to focus on India's narrative rather than China's economic challenges. She emphasized India's strengths, including its skilled workforce and vibrant work culture. She expressed her commitment to monitoring China's situation but stressed her primary focus on India's current position and opportunities.

article thumbnail

JSW's Sajjan Jindal plans to enter EV biz with or without MG Motors

CFO News

The way for entering the EV game has not been decided yet. Though MG will be a preferred choice, the company is also looking to manufacture its own electric cars in India, Jindal said.

article thumbnail

NFRA may approach SC over power to probe pre 2018 cases

CFO News

NFRA has already barred some auditors allegedly involved in the IL&FS crisis from undertaking fresh work, in addition to imposing fines on them, but its orders have been challenged by them at the Delhi high courts. In fact, the aggrieved auditors have challenged the vires of Section 132 (4) of the Companies Act, 2013, and the relevant rules that empower NFRA to investigate professional lapses by auditors.

52
article thumbnail

India will be 3rd largest economy in the world in a few years: WEF President Borge Brende

CFO News

World Economic Forum (WEF) President Borge Brende asserted that countries should be allowed to be competitive and buy what is most relevant for their businesses, and future prosperity and poverty eradication will be based on open trade and strong global value chains.

article thumbnail

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.