Tue.Jul 11, 2023

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How predictive analytics can curb just-in-time inventory pitfalls

CFO Dive

CFOs can use predictive analytics to avoid panic buying, anchor price bias and overpaying suppliers, Edmund Zagorin, an executive with the procurement platform Arkestro, writes.

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GST Council Meet: 28 per cent tax on online gaming,casinos and horse-racing

CFO News

Finance Minister Nirmala Sitharaman announced the outcome of the 50th Goods and Service Tax (GST) Council meeting on Tuesday. The Council met on 11 July in New Delhi agreed that there should be no distinction between game of skill and game of chance and decided to impose a 28 per cent tax on the turnover of online gaming companies, horse racing and casinos.

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Trending Sources

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Economy struggling in ‘slowcession’: Moody’s

CFO Dive

A sudden spike in oil prices poses the biggest threat to U.S. economic growth, Moody’s Analytics Chief Economist Mark Zandi said.

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How to Get Funding for Your Startup Fast

Business Credit Blogger

How to Get Funding for Your Startup Fast Are you in the early stages of launching your business and in need of funding? It can be overwhelming when it comes to deciding how to begin or where to apply. In today’s post, we’ll unpack several ways for you to get funding for your business. The […] The post How to Get Funding for Your Startup Fast appeared first on Business Credit.

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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.

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Hanesbrands promotes interim CFO to permanent seat

CFO Dive

Scott Lewis, a 17-year company veteran, has been at the financial helm of Hanesbrands on an interim basis since the former CFO Michael Dastugue stepped down for family reasons in January.

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More Trending

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Uber CFO to depart: report

CFO Dive

The departure of CFO Nelson Chai would mark the most significant executive switch at Uber since the company went public in May 2019.

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GST Appellate Tribunal rules to be out by August 1

CFO News

The council has recommended to notify the rules for GST appellate tribunal by August 1, 2023 for setting up of tribunal at the earliest.

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ChatGPT joins top 20 ‘shadow apps’

CFO Dive

The popular AI tool made a strong debut this year on an annual list of the top 20 apps that are used in the workplace without company oversight.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

 The transcript from this week’s, MiB: Jenny Johnson, Franklin Templeton CEO , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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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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Fresenius Medical Care names Martin Fischer as CFO

CFO Dive

Fischer joins the company after former CFO Helen Giza was promoted to CEO.

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10 Tuesday AM Reads

Barry Ritholtz

My-Tuesday morning train WFH reads: • When Will Interest Rates Really Start to Matter? For the longest time pundits predicted interest rates would go higher yet they did nothing but go lower year after year. Then when rates hit 0% it seemed like everyone assumed we would experience lower rates forever…just in time for rates to rise higher than anyone thought was possible in such a short period of time.

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The Next Big Test for Stocks

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►June Inflation – “Last mile of the inflation fight will be the hardest” ►The Consumer is Ok – US consumer borrowing slowed to a more than two-year low in May, reflecting the first decline in non.

Finance 68
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#FA Success Ep 341: Bolstering The Quality Of Advice By Deliberately Rotating Advisors For Each Client, With Thor McIlrath

Nerd's Eye View

Welcome back to the 341st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Thor McIlrath. Thor is the Owner of McIlrath & Eck, an independent RIA based in Arlington, Washington, that oversees more than $610 million in assets under management for 970 client households. What's unique about Thor, though, is how he has structured his firm so that clients rotate through different advisors at the firm each time they come in for a meeting, eschewing the traditional

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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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Clips From Today’s Halftime Report

The Reformed Broker

Tech needs continued pricing power to justify the multiples: NB Private Wealth’s Shannon Saccocia from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Finance transformation: Are you ready to make bolder change for lasting impact?

Future CFO

When it comes to finance transformation, CFOs need to make bolder change for a lasting impact. According to the EY 2023 Global DNA of the CFO — a survey of 1,000 global CFOs and senior finance executives, finance leaders who drive bolder change in their finance teams can deliver better performance today and position themselves to outperform in the future.

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Adani weighs bid for Anil Ambani’s bankrupt coal plants

CFO News

Adani, fresh from a $2.8 billion capital raising, may face intense competition for Vidarbha Industries Power Ltd., which operates the 600-megawatt generation facilities in central India, according to the people, who asked not to be identified as the plans are private.

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How to Create Your MRR Schedule

The SaaS CFO

MRR, or monthly recurring revenue, is the life of a SaaS business. It’s essential data to manage and improve your business. And the MRR schedule is one of the most requested data items in due diligence. The SaaS MRR schedule, or sometimes called the MRR waterfall, is the source of key SaaS metrics. It’s also […] The post How to Create Your MRR Schedule appeared first on The SaaS CFO.

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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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Financial Power Pact for climate action

CFO News

India's conception of the pact, with its focus on finance, goes beyond ensuring accessible flows to developing countries. It also deals with measures to get the global economy back on track, making digital public infrastructure accessible, easing trade and investment, and reforming multilateral development banks (MDBs).

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Advice for New CFOs | Michael Bannon, CFO, Typeform

CFO Thought Leader

914: My Side of the Valley | Michael Bannon, President and CFO, Typeform MADE POSSIBLE BY LEDGE | Ledge is a command center for payments built for finance teams operating at scale. Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

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Hindujas look to raise up to $1b to finance Reliance Capital acquisition

CFO News

The Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bidder. The financing timeline could take between three and six months, depending on legal issues and court approvals for the acquisition, and the final list of financiers could change, sources said.

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Prepping for Budget Season: 6 Actions Successful CFOs Need to Take  

Centage

While the rest of the world is ensconced in 2023, CFOs are already looking toward next year. Budget season is just around the corner, and being prepared is integral. Planning 2024 budgets takes forethought and considerable prep work. CFOs drive the success of next year’s budgets with the prep work they do today. Why It’s Important to Prep for Budget Season The old adage “if you fail to plan, you plan to fail” is alive and well in the business world.

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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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Havells plans to foray into manufacturing for overseas brands

CFO News

Havells India, the manufacturer of fast-moving electrical goods, will venture into the electronic manufacturing service (EMS) or contract manufacturing space to produce appliances such as air conditioners and washing machines. The company has started manufacturing and designing air conditioners for global brands on a pilot basis for the Middle East and the US markets.

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The new Belgian restructuring plan for large enterprises: secured creditors no longer entitled to the reorganisation value

Corporate Finance Lab

The long anticipated law of 7 June 2023 implementing the European Directive on restructuring and insolvency brings about a major reform of Belgian insolvency law. Among various other innovations, it introduces a new judicial reorganisation through collective agreement for large enterprises. [1] The new law will apply to all procedures opened as from 1 September 2023.

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SBI to sell up to Rs 10,000 crore of AT-1 bonds this week

CFO News

SBI's AT-1 bond sale is likely to have a base size of ₹3,000 crore and a green shoe option of ₹7,000 crore as the bank looks to raise capital amid strong credit growth, sources aware of the development said. Bidding for the bond sale is seen taking place from 10:30 to 11:30 am on July 13.

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Creating a sustainable future with ESG and finance

Jedox Finance

Jochen Heßler, Senior Director, Product Management, Jedox Environmental, social, and governance (ESG) has emerged as an important initiative for organizations worldwide as they strive to implement sustainable practices, achieve compliance, and demonstrate substantive value to customers, employees, and investors. According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of invest

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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.