Mon.Nov 27, 2023

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Why CFOs need to improve the employee T&E experience

CFO Dive

On a day-to-day basis, the finance function is tasked with meeting the company’s accounting responsibilities — ensuring sound budgeting and forecasting. But increasingly, CFOs and their teams require a new focus on prioritizing employee experience.

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The “Art” of Market Timing

Barry Ritholtz

This weekend Jeff Sommer discussed a DFA research paper on market timing; both are well worth your time to read. The broad strokes are: Market timing is extremely difficult, very few people (if any) do it consistently well. Not only are the odds stacked against you, but very often systems that have successfully timed the market have been simply lucky, and do not succeed in out-of-sample tests.

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Trending Sources

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4 CFO tips for spurring growth through innovation: McKinsey

CFO Dive

More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

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Quess CFO sees no major slowdown next two quarters, bullish on BFSI & manufacturing hiring

CFO News

Quess Corp anticipates sustained growth, with a focus on hiring in BFSI and manufacturing, despite a decline in conventional IT services, as stated by Group CFO Kamal Pal Hoda. He also highlights robust financial performance in Q2FY24 and shares the growth and financial targets of the company for the upcoming quarters.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Structure matters: How ITC transfers mitigate risk and maintain compliance

CFO Dive

The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.

More Trending

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Creating a ‘poachable’ talent culture: TAB Bank CFO

CFO Dive

Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.

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Commerce ministry working to remove trade barriers, boost exports in sub-Saharan Africa, Gulf nations

CFO News

The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion).

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AI developers, led by OpenAI, raise over $50B

CFO Dive

ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

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Unlocking Growth: The Strategic Power of Debt as Financial Leverage

VCFO

Debt, often perceived as a financial burden, is a powerful tool when strategically employed. Frequently referred to as leverage, debt has the potential to fuel growth, drive strategic initiatives, and propel businesses to new heights. In this exploration, we’ll unravel common misconceptions surrounding debt, highlighting its strategic benefits, and providing comprehensive examples of how it can be a catalyst for continued growth and accelerated strategy.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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Pagaya CFO exits, deputy steps up

CFO Dive

Michael Kurlander, who brought decades of Wall Street experience to Pagaya, is leaving the technology firm after just over two years in the CFO seat.

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CFOs are now expected to be Chief Value Officers, says head of Association of Chartered Certified Accountants

CFO News

CFO: Large businesses should invest in SMEs to be compliant with the mandated sustainability framework, says Helen Brand.

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How Financial Advicers Can Write, Publish, And Distribute Their Own Book To Create A More Effective Impression On Prospective Clients

Nerd's Eye View

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations. The challenge, though, is that advisors usually have only a short amount of time to build this trust, and while advisors can use different channels (e.g., their websites, newsletters, and social media) to demonstrate their expertise, th

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Business Intelligence: A South African SME’s Guide To Understanding Your Data

Creative CFP

Traditionally, business intelligence tools were reserved for well-established businesses capable of affording such solutions. But Creative CFO believes that SMEs should have access to this service too. Bringing this Business Intelligence to the SME sector in an accessible and value-generating manner is crucial to the development of the sector. Improving decision-making can further ensure that the world we live in is one where more SMEs succeed.

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Empowering Business Travel: The CFOs Guide

Business travel is more than just a line item. It’s a strategic opportunity to align with your company’s goals and empower your employees. With 60% of employees dissatisfied with the ease of booking and modifying travel plans, there’s a significant opportunity to improve travel management. This one-pager explores how to transform travel into a powerful tool for organizational success.

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How QRIS is revolutionising cross-border payments in the ASEAN region

Future CFO

Technological advancements over the recent years have been proven to make life easier for people in making payment transactions as this offers flexibility for them. Through the newest advances in technology, transactions can now be made wherever the customers are, without the need to carry cash in their wallets. Among such advancements is the Quick Response Code Indonesian Standard or QRIS, which is a digital payment standard that employs QR codes to facilitate cashless transactions.

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Adani Group stocks surge up to 20%. Here’s why

CFO News

The top gainer in the pack was Adani Total Gas which was up nearly 20% in the early trade and was followed by Adani Energy Solutions which had shot up 13%. Nifty stocks Adani Enterprises and Adani Ports and Special Economic Zones were also up 4% and 3%, respectively around this time.

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Winning the digital transformation race

Future CFO

The business world is undoubtedly currently on a race to maximise digital technology advancement, with leaders pondering on the best ways to win. Skills are critical for digital business success and finance leaders need to ensure the organisation has access to the resources required to develop and defend their competitive advantage and to achieve their strategic objectives, according to Dan Bieler , principal analyst at Forrester.

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FMCG companies chart fast-moving sales growth path for kiranas to beat retail slowdown

CFO News

General trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Covid-19 and high growth of modern trade led by retail chains such as Reliance Retail and D'Mart.

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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IFRS 17 disclosures improvements needed: FRC

Future CFO

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. The review assessed disclosures made by a sample of interim financial statements of ten companies against the requirements of the accounting standard in their first year of application, the accounting body said.

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ZEEL spends ?176 cr on merger-related expenses

CFO News

The merger agreement, which has received all the requisite regulatory approvals, is stuck due to Sony's insistence on having its own executive SPNI MD & CEO, NP Singh, as the CEO of the proposed Sony-Zee joint entity since Punit Goenka, who is currently the MD & CEO of ZEEL, is still under investigation from the Securities Exchange Board of India (Sebi).

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The Mentoring Round | Peter Benevides, CFO, Olo

CFO Thought Leader

954: The Job Became His for the Asking | Peter Benevides, CFO, Olo The post The Mentoring Round | Peter Benevides, CFO, Olo appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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Vodafone Idea may miss December deadline for fundraise

CFO News

According to the officials, Vi continues to be in discussions with the potential investors, including in the US, to raise fresh capital by issuing equity and equity-linked instruments. The telco has said that bank lending will follow soon after the equity fundraising is finalised.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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10 KPIs to Track Business Performance

The Finance Weekly

Why KPIs are Important to your Business? In managing a small business, it's important not to rely solely on your intuition. Key Performance Indicators (KPIs) play a crucial role, especially in , financial reporting. To assess your company's financial well-being, it's better to be objective rather than subjective. This ensures that decisions are based on information and data.

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Maruti Suzuki, M&M, Audi plan price hikes in January

CFO News

Several automakers in India, including Maruti Suzuki, Mahindra & Mahindra, and Audi India, have announced plans to increase the prices of their passenger vehicles in January 2024. Tata Motors and Mercedes-Benz India are also considering price hikes. The reasons cited include overall inflation and increased commodity rates, leading to cost pressures.

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Scaling smarter: how to optimize resources with capacity planning software

Cube Software

The importance of strategic capacity planning Capacity planning is a strategic process used to determine the resources (such as manpower, equipment, and facilities) required to meet future workload demands. The primary goal of capacity planning is to ensure that these resources are available at the right time and in the right quantity to meet the needs of the business while maintaining cost efficiency.

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LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

CFO News

State-owned LIC (Life Insurance Corporation), the promoter of IDBI Bank, plans to retain a portion of its stake in the bank to continue benefiting from bancassurance. While both the government and LIC will divest their stakes in IDBI Bank, LIC Chairman Siddhartha Mohanty stated that they intend to keep some stake to maintain the bancassurance partnership.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.