Mon.Mar 27, 2023

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Leadership traits executive recruiters look for

CFO News

The average tenure for C-suite roles is approximately 4.9 years, and executive recruiters are often the first port of call for companies and leaders when searching for suitable candidates. When recruiting a new leader, one must ensure that they possess self-motivation, critical thinking, deep analytical thinking and the ability to learn continuously.

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Datarails aims for ‘grounded’ ChatGPT-like FP&A tool

CFO Dive

The tech company’s goal is to provide CFOs with a tool in the style of the popular ChatGPT service, but without some of the same accuracy and data privacy challenges.

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Trending Sources

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FP&A is the sexiest job in finance

Fpanda Club

FP&A is the sexiest job in finance… While this may seem like an overstatement, FP&A positions are becoming incredibly popular and sought-after. Many finance professionals are starting to feel that they are too focused on historical data, reporting, compliance, etc. Moving into FP&A from other fields of finance, such as accounting and audit, has recently become very trendy.

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Talent shortage frustrates internal auditors

CFO Dive

As AI swiftly extends the finance function’s potential for efficiency, audit leaders are concerned about the lack of skilled workers to support new advancements.

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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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Accelerate Research With The Right ERP for Research Organizations

Navigator SAP

With the growing competition in the business world, companies are constantly under pressure to enhance the quality of their products and services while simultaneously improving their competitiveness. This is why so many companies staff internal research departments or work closely with external Research Organizations to develop new and improved products.

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More Trending

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A shock to lending standards

The Reformed Broker

This is it. The only chart you need to concern yourself with now if you’re trying to figure out where the economy is heading. Construction and Industrial (C&I) loans are a $2.8 trillion business (approximately) for banks all over the country. If they roll over, we have a soft landing. If they roll over hard, we have a hard landing. It’s not complicated, the only thing that’s up in the air is the tim.

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FASB issues lease standards update

CFO Dive

The changes to lease accounting standards (Topic 842) provide narrowly targeted relief for some companies grappling with the guidance from 2016.

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How Marketing With The CFP Marks Reduces Client Acquisition Costs And Accelerates Revenue Growth

Nerd's Eye View

When consumers shop around before buying a good or service, many factors can play a role in their final decision, from previous experiences to the recommendations of friends and even to the companies’ branding. And when it comes to how a consumer perceives a brand, there are three critical components that come into play: brand awareness (simply knowing that the brand exists), recognition (recognizing a brand for its unique components and features), and brand equity (the value associated wi

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Climate change shareholder proposals trending toward record

CFO Dive

Debate has flared in recent months over whether businesses and institutional investors should use ESG criteria when making decisions.

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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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Kamdhenu Group CFO targets 20% growth in steel business for FY24

CFO News

Harish Kumar Agarwal expects to close the current financial year with a brand sales turnover of Rs 20,000 crore, banks on franchise route to grow capacity to 50 lakh tonnes.

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Investment planning: Sustainability metrics to be CFO’s standard practice by 2026

Future CFO

When it comes to investment planning, the majority of public companies will update their methodologies to include sustainability metrics as a key part of their return on investment (ROI) analysis by 2026, said Gartner recently. The shift from viewing sustainability solely as a source of risk management to a new driver of returns will be transformative for many companies, the advisory firm noted.

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Adapt. Automate. Accelerate.

CFO News

Tech solutions today aim not just to simplify processes but to automate them, impacting how we work, innovate, and perceive the industry altogether.

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#246 – Becoming a Treasurer Series, Part 25: Languages of Finance: Controllers

Strategic Treasurer

Episode 246 Becoming a Treasurer Series, Part 24: Languages of Finance: Controllers In the Language of Finance sub-series of the Becoming a Treasurer series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. In this episode, Craig Jeffery and Jason Campbell discuss some important questions regarding controllers.

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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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Government likely to extend PAN-Aadhaar linking deadline; may charge late fee

CFO News

Currently, the last date for linkage of PAN-Aadhaar is March 31, 2023. However, the government is likely to extend the deadline by another two-three months. The Central Board of Direct Taxes could issue a notification to this effect soon, a government official, privy to the development, told ET.

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New FDI rules in the Benelux: a brief analysis from a Law and Economics perspective

Corporate Finance Lab

On November 30 2022, the Belgian federal government and the governments of the federated entities adopted the cooperation agreement on the Belgian foreign direct investment screening mechanism. The draft text has now been submitted to the various parliaments for approval and should enter into force on June 1, 2023. This adds Belgium to the list of EU Member States that have recently tightened their rules on foreign direct investment (FDI).

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Adani seeks more time to pay ACC, Ambuja debt

CFO News

The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year for the acquisition of its cement assets - ACC and Ambuja Cements - from Switzerland-based Holcim group, said multiple sources aware of the ongoing negotiations.

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Net working capital: the basics, how to calculate, and how to improve

Cube Software

There are SO many ways to get a snapshot of your company's financial health.

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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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India Inc's Q1 hiring intent slips 4%: Report

CFO News

According to the survey, which covered over 800 small, medium and large companies in 14 industries, 64% of the firms plan to increase their manpower resource pool in Q1 of FY24, down from 68% in Q4 FY23 as companies turn more cautious about their hiring plans.

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CapEx vs. OpEx: the difference between these types of expenditures

Cube Software

Cash for today, or growth for tomorrow?

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SC dismisses DRI's petition against three Adani group subsidiaries

CFO News

Between November 2022 and January 2023, the federal agency had moved the apex court against the relief granted to three firms namely : Adani Power Maharashtra Ltd (APML), Adani Power Rajasthan Ltd (APRL) and Maharashtra Eastern Grid Power Transmission Company Limited (MEGPTCL) by CESTAT.

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 6 Ways Power Platform Boosts Efficiency in Healthcare

Collectiv

Out of 11 high-income countries, the U.S. came dead last in both performance and efficiency in healthcare. Administrative costs account for 15% to 30% of all U.S. medical expenses, many times higher than in comparable countries. And “at least half” of that spending “does not contribute to health outcomes in any discernible way.” Among the top challenges in healthcare, suboptimal clinical workflows and personnel shortages or burnout directly impact operational efficiency.

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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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Ecommerce companies face fresh trouble as government may ban related party sales

CFO News

The Consumer Affairs Ministry is leading the latest round of deliberations which were held earlier this month, sources added. There has also been an inter-ministerial discussion with the Department for Promotion of Industry and Internal Trade (DPIIT) and The Ministry of Electronics and Information Technology ( MeitY).

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Rein in rogue spending by automating accounts payable

Future CFO

As businesses usher in a new year, the uncertain economic climate has dampened some of the enthusiasm that spurred the first months of the post-pandemic recovery. While efforts to streamline the business often focus on cutting resources like budgets and headcount, organisations should also shine a light on what is typically a blind spot – rogue spending.

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Key amendments to the Finance Bill and their material impact

CFO News

Lok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals. The Finance Bill was passed with several official amendments. Besides, 20 more sections have been added to the Bill.

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Relentlessness whistleblowing: CFO Sarika Lakraj-Naidoo’s multidecade struggle

CFO Talks

Written by Staff Writer Sarika Lakraj-Naidoo, has been whistleblowing on matters related to the City of Johannesburg since 2009. Sarika, CFO of the Public Safety Department at the City of Johannesburg, shared in a #CFOClubConvo webinar the backlash, intimidation, and systemic issues she faces in her efforts to safeguard taxpayers’ money The persistence of Sarika’s whistleblowing Sarika has been in the news recently for her latest disclosure of 12 criminal matters reported internally to SAPS an

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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.