Mon.Jun 10, 2024

article thumbnail

Finance teams have so much to gain from AI - here’s why

CFO Dive

Discover how AI is revolutionizing finance by boosting productivity, automating tasks and providing insightful analytics. Learn how CFOs can harness its potential while building trust.

Finance 252
article thumbnail

Transforming business with digital trade finance

Future CFO

As the world transformed following the changes brought about by the COVID-19 pandemic, along with other global market factors, businesses have found themselves navigating around the newness. It has been discussed endlessly over the last few years--how digitalisation stepped in and took the centre stage, almost always dictating how the markets will go and flow and what will thrive and what will not.

Finance 90
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

OpenAI appoints Nextdoor, Square alum as CFO

CFO Dive

Sarah Friar brings a resume packed with both Silicon Valley and investment banking experience to her new role at the artificial intelligence firm.

CFO 219
article thumbnail

Spain: From Red To Black

Global Finance

In the past decade, leaving aside the Covid-19-induced recession, Spain’s economy has performed better than the European average. The year 2024 looks to be no different; Spanish GDP is expected to expand to double the average in the euro area: between 1.9% and 2.1%, according to different estimates, versus a range of 0.8% to 1% for its peers. And this is likely to remain true in 2025 as well.

article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

Alphabet hands new CFO $9.9M sign-on bonus

CFO Dive

The incoming finance chief — Eli Lilly veteran Anat Ashkenazi — was granted the bonus in light of “her prior company’s forfeited compensation,” Alphabet said.

CFO 214

More Trending

article thumbnail

Few companies report solid EBIT gains from rush into GenAI: McKinsey

CFO Dive

Seven out of 10 companies that use generative AI most effectively said they faced challenges in governing and integrating data, McKinsey said.

179
179
article thumbnail

Key driver analysis – the heart of the digital twin

Jedox Finance

Identifying the things that contribute to performance helps organizations achieve their goals. Key driver analysis, augmented by AI, reveals critical factors for success and turns raw data into actionable insight.

Finance 52
article thumbnail

Four takeaways from the CFO Leadership Council’s confab

CFO Dive

Generative AI, labor challenges, and cybersecurity worries were some of the top issues on finance chiefs' minds during the two-day conference.

article thumbnail

FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

Navigating the IPO journey: Key preparation considerations for CFOs

CFO Dive

Market shifts call CFOs for an IPO preparation session.

Marketing 130
article thumbnail

Fostering an Enabling Business Environment: Indian Businesses' Expectations from the New Government

CFO News

India's economic transformation calls for streamlined regulations, stable tax reforms, and strategic privatization. Deepak Narayanan, Founder & CEO of Practus, outlines a roadmap to sustain growth and solidify global superpower status.

article thumbnail

India-EFTA Trade & Economic Agreement: A Win-Win Deal

CFO News

India's landmark TEPA with EFTA, authored by Sanjay Chhabria, Senior Director, Indirect Tax at Nexdigm, outlines significant trade, investment, and economic growth opportunities, while highlighting key provisions and mutual benefits.

article thumbnail

Nirmala Sitharaman reappointed as a Finance Minister in Modi 3.0; Here are her key achievements

CFO News

On Monday, the Modi 3.0 government allocated ministerial positions, reappointing Nirmala Sitharaman as Finance Minister. ETCFO highlights her educational background, personal life, political career, and significant achievements.

Finance 45
article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

article thumbnail

IBC changes set to lift ARC recovery from residential realty by 500-700 bps

CFO News

Stressed realty projects are becoming viable for last-mile funding as 33 mn sq ft of unsold inventory for projects analysed is likely to be sold at appreciated market prices because of a significant increase in prices over the last two fiscals and healthy demand for residential real estate, says CRISIL.

article thumbnail

How high growth is delaying RBI rate cuts

CFO News

The RBI's ability to maintain this pause is bolstered by strong economic growth. Even if policy rates remain restrictive for an extended period, the central bank believes it can manage the consequences, experts say.

article thumbnail

From tax schemes to pension demands: Modi's new finance minister has their work cut out as challenges mount

CFO News

A day after PM Narendra Modi and his new council of ministers were sworn in, speculation is high about the next finance minister. Questions are arising whether Nirmala Sitharaman will continue in her role in the finance ministry or take on a different ministry this term. Regardless of who takes the position, the responsibilities remain the same: boosting the economy and navigating challenges amid global uncertainties.

Finance 40
article thumbnail

Modi's 'lower political capital' to hit implementation of tough reforms, says UBS

CFO News

A Swiss brokerage stated that Prime Minister Narendra Modi's 'lower political capital' may hinder the new government's ability to implement tough reforms, potentially limiting the growth rate to around 7.5%. UBS Securities highlighted the importance of reforms related to land, farming, divestments, Uniform Civil Code, and one nation one election to boost growth to over 7.5% in the next five years.

article thumbnail

GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

article thumbnail

Sitharaman's budget next month to lay out economic roadmap of Modi 3.0

CFO News

The economic agenda would include steps to fast-rack reforms to make India a USD 5-trillion economy in near future and turn the country into a 'Viksit Bharat' by 2047.

article thumbnail

SBI, other public sector banks suggest steps to boost deposits

CFO News

Banks' deposit growth in FY24 was well below the rise in credit, forcing them to meet the funding gap through higher-cost Certificates of Deposit (CDs). Banks have made representations to senior government officials flagging the slowdown in deposits.

Banking 40
article thumbnail

Companies cautious on short-term hiring, but overall outlook stays upbeat

CFO News

Employers in India are showing caution in short-term hiring for the July-September quarter, with a net employment outlook of 30%, six percentage points lower than the current quarter and the same period last year. While 48% of employers plan to hire more people, 18% expect a decrease in hiring or have no plans to hire. The most optimistic sectors are finance and real estate, healthcare and life sciences, and IT, while communication services and transport, logistics, and automotive are less optim

article thumbnail

Telcos likely to see modest revenue growth in June Qtr

CFO News

Analysts expect a modest 2.5-3% sequential increase in revenue growth for the telecom sector in the June quarter. Despite higher data usage during the IPL cricket tournament and increased demand for international roaming packs during the summer holiday season, revenue growth is expected to be limited. This is due to many mobile users still paying lower 4G rates even after opting for 5G packs, and most subscribers having large amounts of unused data, reducing the need for costlier mobile broadban

article thumbnail

Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

article thumbnail

Modi 3.0: FMCG companies can cheer the new coalition government

CFO News

In a symbolic move, Prime Minister Narendra Modi's first action after being sworn in for a third term was releasing the 17th PM-KISAN installment, providing financial relief to 9.3 crore farmers. With a weaker mandate, the government is expected to focus on rural welfare, potentially boosting FMCG sector growth and consumption.

40
article thumbnail

Modi 3.0 Cabinet: BJP's master strategist Amit Shah remains in charge of the Home Ministry

CFO News

Amit Shah secured a significant victory in Gujarat's Gandhinagar constituency, garnering 7,44,716 votes more than his closest competitor. His total vote count amounted to 10,10,972, surpassing the 2,66,256 votes received by the Congress candidate, Sonal Patel.

article thumbnail

Modi's Cabinet: Nirmala Sitharaman retains finance ministry for second consecutive term

CFO News

Nirmala Sitharaman on Monday was re-appointed as the finance minister of India for a second consecutive term in Prime Minister Narendra Modi-led cabinet.

Finance 40
article thumbnail

Vishwa Samudra Group appoints Abhishek Jalan as the new Group CFO

CFO News

Vishwa Samudra Group strengthens its leadership team with the appointment of new group CFO

CFO 40
article thumbnail

Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.