CFO Dive

SEPTEMBER 14, 2023

The Big Four firm’s dedicated AI group comes as accounting and financial firms continue to write large checks aimed at cashing in on the technology’s potential.

Accounting 283

Accounting Technology 283

Mckinsey and Company

SEPTEMBER 14, 2023

Orthopedic care is among the largest categories in US healthcare; improvements could have far-reaching positive effects. We analyze care pathways to spot opportunities for better coordination.

Healthcare 262

Healthcare 262

CFO Dive

SEPTEMBER 14, 2023

The strikes are “not good for the business,” Netflix CFO Spencer Neumann said in a frank assessment of the situation’s financial impact.

CFO 275

CFO 275

Mckinsey and Company

SEPTEMBER 14, 2023

As the transition to electric cars gains momentum in India, new consumer needs are emerging related to product features, charging, channel preferences, flexible ownership models, and more.

Manufacturing 234

Manufacturing 234

Advertiser: Paycor

Employees who feel listened to show a 64% longer commitment to tasks (Forbes). And that’s just for starters. Learn how emotionally intelligent leaders drive business results. Download Paycor’s guide for the full story.

CFO Dive

SEPTEMBER 14, 2023

CEOs at many of the biggest U.S. companies forecast that the economy will grow 2.1% this year, according to the Business Roundtable.

Planning 274

Planning Forecasting 274

CFO Dive

SEPTEMBER 14, 2023

Senate Bill 253 would require businesses operating in the Golden State that make over $1 billion to report their greenhouse gas emissions annually.

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Mckinsey and Company

SEPTEMBER 14, 2023

Mobilizing the investment needed to complete the net-zero transition will require broad public backing and participation. Given that people living in poverty are less likely to support climate action, simultaneous efforts to improve living standards are essential, write Michael Spence, Anu Madgavkar, and Sven Smit in Project Syndicate.

Investments 152

Investments 152

CFO Dive

SEPTEMBER 14, 2023

Three U.S.-based firms saw their grades move up, while UBS Asset Management slipped following its merger with Credit Suisse.

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162

Mckinsey and Company

SEPTEMBER 14, 2023

Today’s consumers in India prefer electric two-wheelers due to availability of multiple product choices, reliable technology features, evolving consumer buying journeys, and flexible ownership models.

Technology 134

Technology Manufacturing 134

Advertiser: Acterys

Welcome to the Future of Technology for CIOs & CFOs! Ever stood on the precipice of a technological revolution, feeling the energy of change? Ever been captivated by the whispers of a software that's not just innovative but genuinely groundbreaking? Acterys unveils a groundbreaking technology tailored for CIOs and CFOs. This state-of-the-art solution streamlines data integration, analytics, and forecasting, empowering leaders to make informed decisions quickly.

CFO

CFO News

SEPTEMBER 14, 2023

The revised accounting norms for investment portfolio, which are effective from April 1, 2024, and are in line with the global financial reporting standards, are expected to enhance the quality of banks' financial reporting, as well as improve disclosures, say experts.

Banking 112

Banking Investments Financial Reporting Accounting 112

Barry Ritholtz

SEPTEMBER 14, 2023

I made it back home from California late last night after a long day of travel and an exhausting but absolutely exhilarating week. Following the breakout success of Future Proof 2022, this year’s event was even bigger and better — almost 3,000 attendees and nearly 200 sponsors. Everything about this year was next level — the audience, the sponsors, the bands, it was amazing!

Risk Management 59

Risk Management Investments 59

CFO News

SEPTEMBER 14, 2023

While laying the foundation stone of the Petrochemical Complex at Bina Refinery, the Prime Minister said that it will be a step forward in the direction of Atma Nirbharta in the petrochemical industry.

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111

Cube Software

SEPTEMBER 14, 2023

It’s official: Cube receives 32 badges in G2’s Fall Report In addition to earning the top spot for Corporate Performance Management (CPM) and Budgeting and Forecasting , Cube’s G2 badges were earned across several disciplines, including Financial Close and Financial Analysis.

Forecasting 59

Forecasting Budgeting Financial Analysis 59

Advertiser: Paycor

Choosing an HCM partner is one of the most important decisions you’ll make because time is one of your company’s most strategic assets. How do you want to spend your time?

Technology

CFO News

SEPTEMBER 14, 2023

AI has emerged as a transformative force in cash flow forecasting and management, offering automation, precision, optimization, and skill enhancement. By harnessing the power of AI, businesses can navigate the complexities of cash flow with greater confidence and efficiency, ultimately contributing to their financial health and sustainability.

Cash Flow Forecasting 105

Cash Flow Forecasting Forecasting 105

Future CFO

SEPTEMBER 14, 2023

When it comes to tax transformation, compliance is seen as the greatest challenge among 43% of companies surveyed by Deloitte. The company recently released results of its 2023 Tax Transformation Trends survey, a biannual effort which details sentiments from more than 300 senior global tax and finance executives. To respond effectively to increasingly complex changes — including OECD Pillar Two requirements and the rise in indirect taxes around the world — tax departments will need both access t

Compliance 52

Compliance Finance Technology Investments 52

CFO News

SEPTEMBER 14, 2023

The lower focus on the external headwinds can save any company from fluctuations in revenue, should there be any global headwinds, economic slowdown, and volatility, says Himanshu Mody.

CFO 64

CFO Economics Marketing 64

Michigan CFO

SEPTEMBER 14, 2023

In the business world, efficient and accurate processes are essential to smooth operations and safeguarding against potential fraud or errors. An integral part of this is the concept of “Segregation of Duties” (SoD). What is Segregation of Duties? SoD is a risk management strategy that divides critical financial tasks among various individuals. The core idea behind this is simple yet profoundly impactful: No single individual should have control over all aspects of any single transaction.

Accounts Payable 52

Accounts Payable CFO Reconciliations Banking 52

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Banking

CFO News

SEPTEMBER 14, 2023

Birla Opus: Grasim Industries, the flagship company of Aditya Birla Group, has announced the launch of its paints business called Birla Opus. The company plans to enter the decorative paints segment in the fourth quarter of FY24. Grasim aims to become the second-largest player in the market and has committed to investing around Rs 10,000 crore.

Marketing 52

Marketing Investments Planning 52

CFO Share

SEPTEMBER 14, 2023

When navigating the complex realm of business, one quickly realizes the critical role that accurate bookkeeping plays. It’s not just about numbers; bookkeeping is the lifeblood of informed decision-making, financial clarity, and business credibility. However, the importance of bookkeeping is commonly undervalued, causing financial missteps and damaging stakeholder trust.

CFO 52

CFO Invoicing Financial Reporting Auditing 52

CFO News

SEPTEMBER 14, 2023

Hamleys, which was acquired by Reliance Brands in 2019, plans to establish itself as a focal point in Milan and will also open a flagship store in Rome. The iconic toy retailer currently operates in 15 countries with 191 stores worldwide.

Retail 52

Retail Planning 52

E78 Partners

SEPTEMBER 14, 2023

The famous author, Seth Godin wrote , “Change almost never fails because it’s too early. It almost always fails because it’s too late.” Today, companies must adapt, evolve, and plan meticulously to stay competitive and profitable. Leaders are at the helm steering their organizations through changing consumer, market, and Board expectations. To guarantee they remain on the right course, having a solid plan and budget in place is paramount for ensuring success.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Modeling Budgeting Planning 52

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Securities

CFO News

SEPTEMBER 14, 2023

India's services sector has the potential to drive growth and job creation in other sectors like manufacturing and agriculture, according to a report by HSBC Global Research. The report suggests that services companies can help smaller manufacturing firms achieve scale by leveraging digital infrastructure and accessing formal credit, cheaper raw materials, and better logistics.

Manufacturing 52

Manufacturing Leverage 52

CFO Thought Leader

SEPTEMBER 14, 2023

932: Finance’s Leadership Paradox | Jeff Coulter, CFO, Cognite MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

CFO 52

CFO Finance Leadership Budgeting 52

CFO News

SEPTEMBER 14, 2023

At the Auto Retail Conclave here, FADA president Manish Raj Singhania said while retail sales of automobiles have grown by around 7% in the current fiscal, the entry-level two-wheelers are yet to post strong expansion in volume.

Retail 52

Retail Sales 52

CFO News

SEPTEMBER 14, 2023

The Reserve Bank of India has released a list of fifteen NBFCs that fall under the "upper layer" in the scale-based regulation for the financial year 2024. LIC Housing Finance Limited, Bajaj Finance Limited, and Shriram Finance Limited are among the top-ranking companies on the list.

Finance 52

Finance Banking 52

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Reconciliations

CFO News

SEPTEMBER 14, 2023

SpiceJet has made a payment of $1.5 million to Credit Suisse after the Supreme Court of India ordered the chairman of the budget carrier, Ajay Singh, to pay the amount or face imprisonment. The court had previously asked Singh to make a payment of $500,000 by September 22nd, along with $1 million towards the defaulted amount.

Budgeting 52

Budgeting 52

CFO News

SEPTEMBER 14, 2023

The deal would increase Total’s presence in the fast-growing Indian energy market, while giving Adani Green more means to develop new renewable energy projects. It would also see Total deepen its ties with Adani Green, which it’s already the second largest shareholder of with a 19.75% stake, according to data compiled by Bloomberg.

Investments 52

Investments Marketing 52

CFO News

SEPTEMBER 14, 2023

S&P Global Ratings has warned that any changes in Vedanta Resources' financial policy regarding debt transactions could lead to a downgrade of its credit rating. This would occur if Vedanta attempts a debt deal without adequate compensation or buys back debt below its face value. Vedanta is currently exploring ways to meet its obligations, but S&P maintains a negative outlook on the company due to potential funding shortfalls.

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