Fri.Apr 04, 2025

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How Industry Solutions from SAP Drive Innovation Across Sectors

Navigator SAP

Innovation requires data and flexible tools for understanding market dynamics, experimenting, and adjusting product offerings. A modern enterprise resource planning solution (ERP) serves as the foundation for this innovation, and industry solutions from SAP make it easy for organizations both to adopt this foundation and fully utilize it. An ERP, of course, is company-wide backend software that encompasses all applications and processes within a company and both stores and connects business data

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Google Cloud Eyes Wiz Purchase

Global Finance

Pending regulatory approval, Google plans to acquire multi-cloud security platform provider Wiz in an all-cash deal worth $32 billion. Once the transaction closes, Wiz will be incorporated into Google Clouds business line. The two companies share a joint vision to make cybersecurity more accessible and simpler to use for organizations of any size and industry, said Thomas Kurian, CEO of Google Cloud, during the announcement.

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Trending Sources

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‘Activist workforce’ fuels spike in class action defense costs

CFO Dive

Discrimination claims, “backdoor layoffs,” and unionization attempts remain at historically high levels, law firm Carlton Fields said.

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Ethiopia: First Investment Banking Licenses Issued

Global Finance

On March 21, Ethiopia issued its first-ever investment banking licenses, marking a historic shift in the nations financial sector. The Ethiopian Capital Market Authority (ECMA) granted the licenses to CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both linked to major Ethiopian banks. CBE Capital, a subsidiary of the state-owned Commercial Bank of Ethiopia (CBE), became the countrys first public-sector-backed investment bank.

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Live Demo - Supercharge your Month End Close

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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Powell says tariffs will spur inflation, slow growth; Fed on hold

CFO Dive

Policymakers in coming months may face difficulty meeting their dual mandate to ensure stable prices and maximum employment, Federal Reserve Chair Jerome Powell said.

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More Trending

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AI: Opportunities, risks, and challenges for accountants

Future CFO

It has been an imperative for accountants to keep up with the technological advancements in the market, and understanding artificial intelligence now raises key challenges for finance professionals. This is the findings of the Association of Chartered Certified Accountants in a recent report, revealing that accounting professionals are posed with three hurdles: identifying and managing AI risk as a user in any role, supporting a collaborative approach to risk management, and helping to understan

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Making Record Profits: Emirates NBD Group CEO Shayne Nelson Q&A

Global Finance

Shayne Nelson, group CEO of Emirates NBD, Dubais government-owned bank and one of the largest banks in the Middle East by assets, shares how NBD aims to maintain last years standout performance. Global Finance: Emirates NBD posted record profits in 2024. To what does it owe this success? Shayne Nelson: Emirates NBD Group delivered a record-breaking financial performance in 2024, driven by a clear strategic focus, agile IT infrastructure, a strong balance sheet, and exceptional execution.

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MiB: Lisa Shalett, CIO Morgan Stanley

Barry Ritholtz

This week, I speak with with Lisa Shalett , Chief Investment Officer and head of Global Investment Office for Morgan Stanley Wealth Management. Previously, she was CEO and chairman at Sanford Bernstein, CIO at Merrill Lynch Asset Management, and now CIO at both Morgan Stanley Wealth Management and runs their asset allocation models and their outsourced chief investment officer models.

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Klarna IPO Could Redefine Payments Market

Global Finance

Fintech giant Klarna has filed a registration statement to the SEC to propose an IPO, potentially transforming the dynamics of the global payments market. The Stockholm-based firm has applied to list its shares on the NYSE. The price range of the IPO has yet to be finalized. In 2024, Klarnas revenues surged by 24%, to $2.81 billion, compared to $2.28 billion two years ago.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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ICAI, ICMAI & ICSI – Amalgamating is annihilation of 3 assets

CFO News

In his insightful article, Robin Banerjee, a seasoned finance professional, critiques the idea of merging ICAI, ICMAI, and ICSI. Drawing from firsthand experience, he advocates for specialization, emphasizing its critical role in Indias evolving economy.

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Trump’s tariffs: Tracking the status of international trade actions

CFO Dive

The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.

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India's forex kitty surges to 5-month high at $665.4 billion

CFO News

India's foreign exchange reserves surged by $6.6 billion to a five-month high of $665.4 billion for the week ended on March 28, 2025, data released by the Reserve Bank of Indian on Friday showed.

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Weekend Reading For Financial Planners (April 5–6)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that President Trump's tariff announcement on Wednesday and the subsequent market decline have led many financial advisors to reassure clients that they are implementing their pre-determined plans for such circumstances. As they execute these plans, advisors appear to be taking different approaches depending on their investment philosophy and client base, with many preaching a

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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US tariffs to hit India's GDP growth, prompt more rate cuts

CFO News

Goldman Sachs forecasts a slowdown in India's economic growth due to recent U.S. tariffs, expecting deeper interest rate cuts from the central bank. Growth is anticipated to drop by 20-40 basis points, while inflation remains close to the RBI target. The central bank and government are implementing monetary policy easing and tax relief to support domestic demand.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: America Has Never Been Wealthier. Heres Why It Doesnt Feel That Way. A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood. ( New York Times ) Economic Tailwinds and Headwinds : The US economy is resistant to policy mistakes, and I’m still not currently on recession watch.

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From pharma to auto: How will US tariff hike impact different sectors in India?

CFO News

The tariff hike covers several major export sectors, including electronics, textiles, pharmaceuticals, gems and jewellery, agricultural products, chemicals, and automobiles and parts. However, pharmaceuticals have been exempt from the new tariffs for now.

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Hyundai Agrees To Deal To Avoid Trump’s Tariffs

Global Finance

Hyundai Motor Group has managed to sidestep the Trump administrations tariff threats. All it cost was $21 billion. The South Korean conglomerate, known primarily for its cars, pledged on March 24 to allocate $9 billion to boost its US automobile production capacity to 1.2 million units annually. Another $6 billion will enhance steel operations, increase localization, and reinforce supply chains.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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IIFL Finance to raise up to Rs 500 cr via NCD

CFO News

IIFL Finance Ltd on Friday said it will raise up to Rs 500 crore through a public issue of secured, rated, listed redeemable non-convertible debentures (NCDs) to fund growth.

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Exporters urge govt to expedite deal with US

CFO News

Exporters have urged the Indian government to expedite negotiations on the Bilateral Trade Agreement with the US due to reciprocal tariffs impacting orders. They are concerned about absorbing a 26% tariff and the potential surge of dumped Chinese goods. The government is monitoring imports and supporting affected sectors.

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L&T incorporates arm to develop green hydrogen projects

CFO News

Larsen & Toubros subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant's successful commissioning of its first green hydrogen plant in Gujarat.

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NCLAT dismisses plea against liquidation of Go First

CFO News

The NCLAT upheld the liquidation order of Go First by dismissing petitions from Busy Bee Airways and others. Busy Bee Airways had proposed acquiring Go First to save its operations. The trade union Bhartiya Kamgar Sena highlighted the potential job losses for around 5,000 workers.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Bajel Projects appoints Nitesh Bhandari as CFO

CFO News

Bajel Projects Limited (BPL) has appointed Nitesh Bhandari as its new Chief Financial Officer (CFO), effective May 1, 2025. He succeeds Binda Misra, who is stepping down after 28 years of service.

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Zepto CEO, others defend India's startup proposition after Piyush Goyal's jibe stirs debate

CFO News

Indian entrepreneurs, including Zepto CEO Aadit Palicha and Zoho founder Sridhar Vembu, defended the startup ecosystem after Commerce Minister Piyush Goyal raised concerns about its value and innovation. They highlighted consumer internet companies' contributions to job creation, foreign direct investment, and technological advancements.

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India needs more than manufacturing - we need to design, innovate and lead

CFO News

If India wants to lead globally, we need dedicated schemes like Design in India, Innovate in India, and a National R&D Mission to build a strong culture of research and innovation, writes Nishant Kashyap, consulting editor, ETManufacturing.

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Puma replaces CEO with former Adidas sales chief

CFO News

Puma said Freundt, CEO since November 2022, would step down on April 11 and Hoeld would take over as chairman and CEO effective July 1, with the board leading the company in the transition phase.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.