Fri.Oct 25, 2024

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How ERP and eCommerce Work Together

Navigator SAP

Multi-channel sales are the norm for most businesses, with direct-to-consumer sales, distributor and retail channels, and online marketplaces such as Amazon. So is multichannel customer support, which often requires phone, chat, and email along with social media customer service.

eCommerce 241
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Consumer sentiment hits 6-month high, exceeding expectations

CFO Dive

Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.

Marketing 319
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Trending Sources

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Finance Minister Sitharaman expresses frustration with slow FDI inflow

CFO News

Union Finance Minister Nirmala Sitharaman on Friday expressed frustration with the slow crawl of foreign investments to India despite its textbook appeal as a dynamic and robust economy.

Finance 143
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Southwest details board travel perks as ex-Chevron CFO joins new director slate

CFO Dive

The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.

CFO 230
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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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New Ethiopian President Extends A Hand

Global Finance

Ethiopia has become the focus of attention in the turbulent Horn of Africa. Every political move in the ancient, landlocked country is closely monitored for its potential impact on the stability of a region where war drums are getting louder. This continues to be the case with the appointment last month of a new president, Taye Atske Selassie. Previously foreign minister and a seasoned diplomat, Taye replaces Ethiopia’s first female president, Sahle-Work Zewde.

Economics 119

More Trending

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MiB: Toto Wolff, Mercedes-AMG PETRONAS F1 Team

Barry Ritholtz

 This week, we speak with Toto Wolff , Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team. Prior to joining Mercedes, Toto spent time in the investment world, founding his own company Marchfifteen in 1998 and Marchsixteen in 2004. In 2009 Toto combined his passion for racing and business by investing in the Williams F1 Team. He eventually came to be the team’s Executive Director, helping to lead them toward their first win at the Spanish Grand Prix in eight years.

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UAE Goes Shopping For Chemicals

Global Finance

The Abu Dhabi National Oil Company (ADNOC) has reached an agreement to buy German chemicals maker Covestro in what is set to be the biggest acquisition in the history of the United Arab Emirates and the largest Middle Eastern purchase of a European company. The $16 billion-plus deal comes at a sensitive time for Germany. Facing its worst economic crisis in a decade, the sale of Covestro represents the loss of another jewel in the industrial base of Europe’s largest economy after a spate of forei

SAP 105
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Weekend Reading For Financial Planners (October 26–27)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli Associates and Osaic found that at a time when consumers are increasingly seeking comprehensive planning relationships with their financial advisors, many advisors appear to be overestimating the comprehensiveness of the services they provide.

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Positive Signs From The Safest

Global Finance

VOL. 38 NO. 10 The ranking of the world’s Safest Banks—which is at the center of this issue at all its different global, regional and country levels—is the result of a significant effort at Global Finance , not only through the dedicated work of David Sanders, who coordinates the project, but also through the thorough internal checks on the data conducted by our editorial team.

Finance 52
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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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KPMG, ACCA launch ESG program for accountants

Future CFO

KPMG in Singapore and the Association of Chartered Certified Accountants launched a pioneering learning ESG programme for the accountancy profession, according to a press release. The programme, which is a direct response to the recommendations of the Accountancy Workforce Review Committee (AWRC) report released in May, is designed to address the future skills needed for the accountancy profession, as well as equip non-accountancy graduates and strengthen their professional capabilities to enter

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New President Emerges In Mozambique’s Flawed Election

Global Finance

Elections in Mozambique have been marred by irregularities, disputed results, accusations of fraud, violent unrest, and assassinations. The pattern persisted with the October 9 balloting that saw Daniel Chapo elected president. This time, according to EU observers, the affair went beyond irregularities to “unjustified alteration” of results. Chapo, the ruling party Frelimo’s candidate, carried the day and will replace Filipe Nyusi, who is stepping down after eight years in office.

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Soft landing of global economy is increasingly a possibility: Nirmala Sitharaman

CFO News

Union Finance Minister Nirmala Sitharaman highlights the possibility of a soft landing for the global economy due to coordinated actions among countries and multilateral institutions. She emphasizes cautious optimism as economies are stabilizing but notes trade growth remains subdued and managing fiscal deficits will be challenging.

Finance 45
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CVS Health: Lynch Out, Joyner In

Global Finance

CVS Health surprised Wall Street with an unexpected change in corporate leadership last month when it named David Joyner its newest president and CEO. Joyner replaces Karen Lynch, who had served as CEO since February 2021 and stepped down in an agreement with the company’s board of directors. “To build on our position of strength,” Executive Chairman Roger Farah said during the announcement, “we believe David and his deep understanding of our integrated business can help us more directly address

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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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Syngene Intl CFO says 25-30% of clients seeking alternatives to China supply chains; co looking to diversify

CFO News

CFO Sibaji Biswas highlights the urgent need for supply chain diversification, noting that 25-30% of clients seek local alternatives to China, even at higher costs, as reliance becomes counterproductive.

CFO 45
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India: Tata Trusts Names New Chair

Global Finance

The board of Tata Trusts met in Mumbai on October 11 to name a successor to Ratan Tata, who had died just two days before. Ratan is India’s most renowned business tycoon and chairman of Tata Trusts, the country’s oldest and largest private-sector philanthropic organization. The meeting produced a unanimous vote for Noel Naval Tata, Ratan’s half-brother, as the new leader.

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US labor market plodding along, but jobs becoming more scarce

CFO News

The second straight weekly drop in filings for state unemployment benefits reported by the Labor Department on Thursday likely reflected an ebb in claims from Hurricane Helene, which earlier this month had boosted applications to the highest level in nearly 1-1/2 years. The rise in claims related to Hurricane Milton has been more muted than initially feared.

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Investors’ Holdings Of  Indian Stocks Top $1 Trillion

Global Finance

For the first time, Indian securities held under custody by foreign portfolio investors (FPIs) have exceeded the $1 trillion mark, reaching $1.1 trillion as of September, according to data from the National Securities Depository. Of this total, $930 billion is invested in equities while the remainder is allocated to debt and hybrid instruments. Currently, FPI equity holdings account for 16.4% of India’s total market capitalization.

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How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

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Birlasoft aims to restore EBITDA margins to 15-16% in next four quarters: CFO

CFO News

Birlasoft Ltd. anticipates a gradual recovery of its EBITDA margins, targeting the 15-16% range over the next four quarters, CFO Kamini Shah outlines the company’s strategic improvements.

CFO 45
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Daily News From Sibos In Partnership With DBS

Global Finance

The global financial community gathers in Beijing for Sibos 2024. This year’s theme, “Connecting the Future of Finance,” highlights the pivotal moment the financial industry is facing, with both significant opportunities and challenges ahead. Stay informed with the latest developments from the Sibos floor. HSBC Simplifies Trade Finance For Chinese SMEs HSBC announced at Sibos on Wednesday that it is expanding the trade financing solutions it offers to businesses trading on e-commerce platforms i

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Nvidia Corp to supply AI chips to Reliance, partner with Infosys, TCS

CFO News

Nvidia will supply its Blackwell AI processor for the Reliance data centre while its Hopper AI chips will be supplied to large-scale data centres of firms like Yotta Data Services and Tata Communications. Also, Infosys, TCS, and Wipro will help clients deploy AI with custom-built solutions that use the US giant's enterprise software platform. Tech Mahindra will use its new Hindi-language AI model to develop a custom AI model called Indus 2.0.

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UK Wealth Fund Brings Government And Private Investment Together

Global Finance

Sovereign wealth funds have been multiplying in recent years, giving governments greater flexibility as to how they deploy their extra financial resources and diversify their investments for future generations. While most have been established in emerging-market countries, driven by energy resources, sovereign funds have lately become a more prominent financing tool in the developed world as well.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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DPIIT forges alliance with HCLSoftware to herald India’s startup revolution

CFO News

This initiative’s objectives include developing Indian intellectual property by encouraging startups to create unique products and solutions tailored to India, improving product quality by providing startups with the tools and expertise to produce world-class products that meet global standards, and building a robust manufacturing ecosystem by establishing a network of interconnected startups and suppliers capable of supporting the full manufacturing value chain

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Japan's MUFG Bank, Koch Group seek CCI nod to acquire minority stakes in Shiprocket

CFO News

​"The proposed transaction entails the acquisition of minority shareholding of the Shiprocket Private Ltd (Target) by the MUFG Bank, Ltd (Acquirer)," said a notice filed with the CCI on Thursday.

Banking 40
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Indian manufacturers target profit growth with sustainable practices through Industry 5.0: PwC Survey

CFO News

The study highlights that more than half of Indian manufacturers are prioritising investments in sustainability this year with efforts include leveraging digital technology to integrate renewable energy sources and boost energy efficiency.

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NSE IPO hinges on Sebi approval: Ashish Kumar Chauhan

CFO News

The National Stock Exchange of India Ltd., which has encountered delays in its initial public offering since its initial filing in 2016, requires approval from the Securities and Exchange Board of India to reapply, Chauhan stated in a Bloomberg Television interview on Friday.

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.