Sun.Apr 02, 2023

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Choosing the Right ERP for Repair andĀ  Maintenance Companies

Navigator SAP

If you run a repair and maintenance business (Field Service, Building Maintenanceā€¦), you need to have the right tools and systems in place to help you consistently deliver high-quality services. One of these systems is an enterprise resource planning (ERP) platform. An ERP system helps your business run more smoothly and efficiently, thus increasing overall productivity and customer satisfaction.

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Top priorities of India Inc CFOs in the new fiscal

CFO News

Battling slowdown worries and tapping growth opportunities is on the top of the minds of most CFOs.

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Decoding the Challenges of the Month-End Close

https://trustedcfosolutions.com/feed/

The month-end close is a critical process, and even more so because it affects all aspects of a business. Unfortunately, this process isn’t always smooth, and mistakes can happen, but having the right tools and systems in place helps ensure everything is correct, allowing you to use the month-end close to your advantage. Our ongoing blog series explores how businesses successfully complete the monthly close: highlighting tools, checklists, and guidelines to prepare for month-end closing an

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Hereā€™s a surprise: CD rates are suddenly very attractive

Tips Watch

But don’t go to your local mega bank. Look for better deals. By David Enna, Tipswatch.

Banking 78
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Live Demo: How to Achieve Reconciliation Zen

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. 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 automation, and Why i

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886: When SaaS Became the Destination | Alka Tandan, CFO, Gainsight

CFO Thought Leader

One key takeaway from Gainsight CFO Alka Tandan’s career journey is the importance of being open to new opportunities and pivoting when necessary. Tandan started in investment banking, transitioned to media, and then vectored again to the SaaS industry. Looking back on the first move of her career, Tandan says that she ā€œcame to a decisionā€ and quickly became focused on the best way to execute it.

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More Trending

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Global growth opportunities outweigh elevated geopolitical, economic risksĀ 

Future CFO

Global growth opportunities could outweigh various risks if those risks are managed properly, said Marsh recently when releasing its 2023 Political Risk Report. The report, published by Marsh Specialty, identifies four areas where increasing risk threatens global trading, security, and investment environments into 2023: persistent political instability; economic retrenchment; competition for strategic resources; and supply chain diversification.

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RBI appoints Neeraj Nigam as new Executive Director

CFO News

ā€‹"Nigam has, over a span of more than three decades, served in Regulation and Supervision, Human Resource Management, Premises, Currency Management, Bank Accounts and other areas in the Reserve Bank, in its Central Office as well as Regional Offices," stated a press release.

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How to be creative on demand

Future CFO

According to this video, there are ways to reliably create the conditions that make creativity a more predictable occurrence. The post How to be creative on demand appeared first on FutureCFO.

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IL&FS Group makes interim distribution payout of Rs 29,000 cr in FY23 to secured creditors

CFO News

Mumbai, Apr 2 (PTI) The IL&FS Group has so far paid back Rs 29,000 crore to the secured creditors, with the latest being an interim pay-out of Rs 920 crore for the Chenani Nashri Tunnelway, a subsidiary of IL&FS Transportation Network.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

Thereā€™s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, youā€™re going to have to start paying overtime. Download Paycorā€™s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: ā€¢ The Blast Effect : How bullets from an AR-15 blow the body apart. ( Washington Post ) ā€¢ Hundreds Of Passengers Have Said They Were Sexually Assaulted On Cruise Ships. Their Stories Highlight Years Of Lax Security : Numerous passengers traveling on major cruise lines such as Carnival and Disney say in court documents that they were raped and assaulted ā€” often times by crew members. ( Buzzfeed News ) ā€¢ How

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Govt may consider 0.3% fee to maintain UPI payment system & ensure financial viability: Report

CFO News

New Delhi, Apr 2 (PTI) The government may consider a 0.3 per cent uniform digital payment facilitation fee to fund the infrastructure required for such transactions and also to ensure financial viability of the UPI payment system, suggested a study by IIT Bombay. The facilitation fee of 0.

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Small changes in company policies can make big difference for female employeesā€™ careers: Wisdom mantra from World Bankā€™s MD and CFO Anshula Kant's leadership journey

CFO News

In a 2015 conversation with ET, Anshula Kant, the then SBI CFO had said that there comes a time in everyoneā€™s life when the question arises whether every sacrifice they made was worth it. ETCFO in a 2023 conversation with Kant, now the MD and the World Bank Group CFO, tries to find out how it worked out for her.

CFO 52
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Corner suite exits on the rise as India Inc pushes for growth

CFO News

CEO exits surged 18% from 141 in CY 2021 to 166 in CY 2022. In 2023, for the first 3 months of the year, CEOs who left their posts stood at 43, according to data compiled by Primeinfobase.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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India's foreign trade set to cross US$ 1.6 trillion mark this fiscal: Report

CFO News

India's foreign trade is expected to cross the USD 1.6 trillion mark this fiscal despite global economic uncertainties, economic think tank GTRI said in a report. The Global Trade Research Initiative (GTRI) said the USD 1.

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Hero MotoCorp grooming internal talent as part of its succession plan

CFO News

"This is a good strategy to have. It provides growth opportunities to internal people, while at the same time helping retain the cultural ethos and DNA of the company. It keeps Hero future-ready, nimble and progressive, while ensuring growth for employees internally", said a senior executive at a global executive coaching firm.

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With crises behind, will RBI dust off the liquidity framework?

CFO News

Since the last MPC meeting in February, global financial markets have come full circle. Traders' bets have swung like a pendulum - from monetary easing to overcome an economic recession, to tightening to fight against inflation, and finally to easing for the sake of financial stability. All of that occurred in a matter of four months.

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Flurry of I-T orders under Black Money law to beat March 31 Deadline

CFO News

The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act (BMA), which came into force from July 1, 2015, aims to tax hidden wealth of Indians stashed in tax havens, banks, properties and other assets through individual names, closely-held companies and discretionary trusts and foundations.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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New PPP model on cards to woo infra investors

CFO News

The frameworks emphasize the viability and bankability of such projects to make them financially attractive to private investors. Metro projects in cities like Bengaluru, Hyderabad and Pune, which bundle real estate with cash-generating potential, are being studied. User charges may be levied in sectors such as telecom, port and airports to make them more attractive to private investors.

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World pushing India for ambitious G20 agenda: Amitabh Kant

CFO News

One of the focus areas that India has identified is digital public infrastructure, which is about being open source, interoperable with a public interest layer and providing private sector innovation. There should be a small fund and hardware infrastructure for this infrastructure can come from developmental financial institutions, Amitabh Kant, the country's sherpa, said in an interview.

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RBI likely to hike benchmark interest rate by 25 bps on Apr 6

CFO News

The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.

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Businesses can apply for revocation of GST registration cancellation by June 30 after paying taxes, penalty

CFO News

The Indian government is allowing businesses whose GST registrations have been cancelled due to non-filing of returns to apply for revocation by June 30, after paying any taxes, interest, and penalties. Measures have been introduced to provide relief for taxpayers who were previously only qualified for a 30-day application period to restore their registrations following cancellation orders.

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How to Build the Ideal HR Team

HR doesnā€™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 Paycorā€™s latest guide.

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Thinking fast, slow and driving decision making imperatives for business leaders

CFO News

Leadership requires both Systems 1 and Systems 2 thinking to make effective decisions. Setting the strategy involves using classical Systems 2 thinking, but this must also be coupled with the ability to assess immediate trends and shifts. Leaders must align goals across teams and set achievable, measurable, and realignable plans to promote transparency and progress tracking.

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NCLT approves Adani Ports and SEZā€™s takeover of Karaikal Port

CFO News

Adani Ports and Special Economic Zone was pitted against Vedanta Limited, JSW Infra, a consortium of RKG Fund and Sagacious Capital and Jindal Power all of whom had submitted expressions of interest to acquire Karaikal Port. ET had first reported on 2 December that Adani Port and Special Economic Zone had emerged as the winning bidder for Karaikal Port.

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Worldā€™s richest man eyes Indiaā€™s luxury market with landmark Dior show

CFO News

The French luxury brand became the first fashion house to showcase its collection in India on March 30, highlighting the rising interest that Western luxury brands have in tapping the country's growing wealth. India currently has 119 billionaires, with an estimated 70 new millionaires produced every day between 2018 and 2022.

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Global, Indian FMCG companies in race for Capital Foods

CFO News

Nestle, HUL, Kraft Heinz, Tata, ITC, Nissin Foods, Orkla among those in fray for $1bn-$1.25 bn buyout. Non-binding bids expected in early May.

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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.