Mon.Mar 13, 2023

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SVB could be biggest story for CFOs since COVID-19

CFO Dive

The CFO Leadership Council held an emergency meeting on the Silicon Valley Bank crisis Friday. Meanwhile, some finance leaders are now bracing for broader ripple effects.

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Taxman picks up 68,000 ITRs for e-verification

CFO News

CBDT chairman Nitin Gupta said the list included both corporate and individual income tax returns. He said these were flagged by the system as the high value transactions picked by the annual information system (AIS) did not match with the returns filed.

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Trending Sources

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SVB exposure: FAQs

CFO Dive

In the wake of Silicon Valley Bank’s weekend implosion, CFOs are left scrambling to figure out the fate of deposits, payments and loans, as well as how exposure to the bank could impact their business.

Banking 228
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Essentials to successful finance transformation

Future CFO

Gartner surveys looking to 2022 show that CFOs, controllers and heads of financial planning and analysis (FP&A) are all focused on digital initiatives that will lay critical groundwork for an autonomous future. Cedric Assaouloff , digital and innovation lead at R&D finance pharmaceutical company F. Hoffmann-La Roche, describes digital transformation as the integration of technology into all areas of Finance, fundamentally changing how you operate and deliver value to your business partne

Finance 98
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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.

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Data fabric means big business value for CFOs

CFO Dive

From increasing flexibility and performance to reducing the cost of finance, this is an important strategic technology that will unlock business value.

Finance 248

More Trending

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Finance tech guru dishes on ChatGPT

CFO Dive

While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

Finance 255
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Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud

CFO News

It appeared to be the first of many likely lawsuits over the demise of Silicon Valley Bank, which US regulators seized on March 10 following a surge of deposit withdrawals.

Banking 98
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4 keys to automation roadmapping

CFO Dive

Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

Finance 254
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Sebi looking into 'market allegations' against Adani: Finance Ministry

CFO News

Minister of state for finance Pankaj Chaudhary, in written replies to various questions asked by parliamentarians, stated that the government has not constituted any committee to investigate the allegations made against the Adani Group of companies by short-seller Hindenburg Research of the United States.

Finance 97
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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.

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Your company is changing software providers. Now, you just have to break it to staff.

CFO Dive

It’s on technology leaders to reduce friction and frustration, engage stakeholders and foster communication to ensure a migration goes smoothly.

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SVB Deposits Saved, But Is It A Bailout?

Global Finance

The FDIC’s sudden takeover of both Silicon Valley Bank and Signature Bank casts a shadow, no matter what you call it.

Banking 104
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DocuSign makes surprise CFO transition announcement

CFO Dive

Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

CFO 130
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Bajaj Electricals CFO aims to triple cash reserves to Rs 1,000 crore in the next 3 years

CFO News

Till 2025, the focus would be more on stabilisation, building reserves and improving margins, says CFO EC Prasad.

CFO 103
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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

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The Future Of Advisor Platforms: Reducing Overhead Costs With Services (Not Technology)

Nerd's Eye View

For the past several decades, platforms for advisors have differentiated with the quality of their technology. The focus on ‘tech’ was a natural evolution for advisor platforms away from their roots – which was originally to differentiate by the quality of their proprietary product shelf, the primary means that brokerage firms and insurance companies attracted advisors to them in the 1960s, 70s, and 80s.

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India's retail inflation eases to 6.4 % in Feb, still stays above RBI’s tolerance limit

CFO News

Inflation has breached the Reserve Bank of India's (RBI) upper band target of 6% for the second straight month.

Retail 98
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A Day in the Life of a Part-Time CFO

Beacon CFO Plus

When you hear the words part-time used to describe your CFO, you may think that the individual will not be giving one hundred percent to your organization. This is not the case. While part-time CFOs may not have boots on the ground in your offices for 40 hours a week, they are full-time supporters and advocates for your company. That’s the benefit of working with a part-time CFO: When you need their expertise, guidance, and leadership, it is available to you.

CFO 52
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Reliance, Nayara account for 45% of Russian oil imports

CFO News

India imported on an average 870,000 barrels of oil per day from Russia in the 12 months through February this year, about 20% of its total crude imports, according to Vortexa.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Progress in female leadership remains slow

Future CFO

Progress in female leadership will remain slow in 2025 unless businesses put in additional effort to enable women to take up senior leadership position, said Grant Thornton recently. While progress on the overall number of women in senior leadership continues, the firm’s latest research reveals it’s been slow, increasing only half a percentage point to 32.4% in the past year, and only 13% since the research was first undertaken in 2003.

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Given a choice, financial stability wins hands down over inflation: Saugata Bhattacharya

CFO News

"Let us wait and see what the US CPI print will print tonight and then post that, what the Fed is likely to do on 23. My own sense from the external side, is given the fact that the US 10-year has come off, the US 2-year yields have come off; the dollar index has come off; the pressure from the external, the G10 central banks, that probably will have eased as of now.

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The Bank Run of 2023

The Reformed Broker

On this special episode of Live from The Compound, Samir Kaji (CEO and co-founder of Allocate) joins Michael Batnick and Josh Brown to discuss the collapse of Silicon Valley Bank and the impact it could have on the banking system and the stock market. Follow Samir on: Twitter Linkedin Substack Let us know if we can help you with your financial plan or portfolio: [link].

Banking 52
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Exclusive: Lufthansa needs a stronger Air India, says CEO Carsten Spohr

CFO News

Spohr speaks about the challenges that Lufthansa continues to grapple with, its plans to redeploy the Airbus A380 jumbo jet in the Indian market, deeper commercial ties with Air India and ambitions to enhance the role of its aircraft maintenance, repair and overhaul (MRO) unit Lufthansa Technik in India.

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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.

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#244 – Bankers Have Highly Negative Response to RTO Mandates

Strategic Treasurer

Episode 244 Bankers Have Highly Negative Response to RTO Mandates On this episode, Mike Richards joins Craig Jeffery in a discussion that is fueled by two recent surveys. The first survey was Treasury’s Return to Office Status Survey conducted by Strategic Treasurer, which was taken by 249 respondents in the corporate, financial, and government spaces.

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Pause in interest rate hikes may spur private investment: Sanjiv Bajaj, president, CII

CFO News

Bajaj urged the government to continue to focus on enhancing the ease of doing business and reducing associated costs. To push reforms in areas such as land, labour, and power where both Centre and states have jurisdictions, a structure like the Goods and Services Tax Council can play an important role, he said.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Oracle, Abbvie & Gold from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Job market shrinks, but at slower pace

CFO News

About 45% of Indian employers covered in the latest ManpowerGroup Employment Outlook Survey said they would hire more people in the coming quarter. While 15% of the employers expect a decrease in hiring intent or have no plans to backfill, 37% plan to keep workforce levels steady and 3% were unsure about hiring intentions, according to the findings that were shared exclusively with ET.

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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.