Tue.Jun 20, 2023

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Cost optimization strategies for resilient growth

CFO Dive

Discover strategies to optimize costs while enhancing future growth potential.

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ERP Software for Mixed-Mode Manufacturing: A Comparison of Top Choices

Navigator SAP

The right manufacturing software for mixed-mode production will vary from the best ERP software for make-to-order manufacturing because the combination of custom-made and batch-production processes requires a different approach.

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Trending Sources

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Remote work erodes productivity by 4%: NY Fed

CFO Dive

Employees who worked remotely before the pandemic continue to be 8% less productive than their peers who worked in the office before the onset of COVID-19, the New York Fed found in a case study.

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Net NPAs down to 10-year low of 1.3%, RoE, RoA improve amid banking sector rebound: FinMin

CFO News

The asset quality of Scheduled Commercial Banks (SCBs) has been improving steadily over the years across all major sectors. The Gross Non Performing Assets (GNPA) ratio has decreased from 8.2 per cent in March 2020 to a seven-year low of 5.0 per cent in September 2022, the finance ministry report said.

Banking 105
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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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Smallest businesses hold gloomier outlooks: Amex

CFO Dive

The survey’s findings dovetail with a number of recent reports that are revealing flagging business and consumer confidence in a number of corners of the economy.

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More Trending

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Unisys CFO targets revenue growth

CFO Dive

A strong CFO-CEO relationship will be critical as technology solutions firm Unisys gears up to take advantage of the $1 trillion IT solutions market opportunity, CFO Debra McCann said.

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Intel to spend $33 billion in Germany in landmark expansion

CFO News

The deal to build two leading-edge semiconductor facilities in the eastern city of Magdeburg involves 10 billion euros in German subsidies, a person familiar with the matter said.

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Carlyle Group promotes insider to CFO seat

CFO Dive

Following longtime CFO Curt Buser’s decision to retire, the global investment firm has appointed a company veteran and Goldman Sachs alum to the financial helm.

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Five Ways Modern FP&A Can Dramatically Improve Your Budgeting and Forecasting 

Centage

Budgeting season is almost here. For many CFOs and budget managers, it will be a time of an endless stream of data, requests and revisions. But what happens if after all the time, energy and resources devoted to it, the budget still doesn’t quite stack up? You likely already know the answer. The worst part? Discrepancies might not even be discovered until months later, well into the first quarter.

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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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Visa hires CFO replacement

CFO Dive

Card giant Visa has selected Chris Suh as its new chief financial officer. Suh, formerly at gaming company Electronic Arts and tech titan Microsoft, will receive a $3 million signing bonus and $20 million in longer-term compensation.

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#FA Success Ep 338: Finding Your Why In Helping Clients Figure Out What To Retire Towards (Not From), With Tony Hixon

Nerd's Eye View

Welcome back to the 338th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Tony Hixon. Tony is the Co-founder and COO for Hixon Zuercher Capital Management, an independent RIA based in Findlay, Ohio, that oversees more than $300 million in assets under management for nearly 330 client households. What's unique about Tony's journey, is how the tragic death of his mother just 6 months after she retired, made Tony realize that even though retirees may be prepared fin

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The Battle: AI, ChatGPT VS Managers, Accountants, Auditors - Who could win?

CFO News

The biggest question facing all of us is – Can ChatGPT-like innovations make the world a better place to live, or will they destabilize mankind?

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Stocks Are in for a Rude Awakening

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: ►Rude Awakening – “If second half growth doesn’t re-accelerate as expected, investors are in for a rude awakening” ►Everything is Up – “Check yourself.

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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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B2B Platform Vendor Infra appoints Munish Gupta as its first CFO

CFO News

Cfo Movement: Previously, Munish was Group CFO with Erisha Agritech. He possesses experience of more than two decades in several Industries.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Lennar, Shake Shack, Health Care & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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RBI sends PFS MD on permanent leave amid governance issue

CFO News

PTC India Financial Services has in the interim given this additional charge of MD and CEO to its Director-Finance Mahendra Lodha.

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909: Get It Done | Rex Jackson, CFO, ChargePoint

CFO Thought Leader

We often like to ask our CFO guests if they remember the first time that they presented to a board of directors. For many, this happened earlier than you might expect—but few of our interviewees have exposed the benefits of “early access” for us better than Rex Jackson. “I grew up in boardrooms,” comments Jackson, who recalls being invited to his first board meeting when he was about 28.

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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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India clears $2.7 billion Micron chip testing plant as PM Modi arrives in US: Report

CFO News

China in May said Micron had failed a security review and barred operators of key domestic infrastructure from purchasing products from the United State's biggest memory chipmaker

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IMF to launch global digital currency platform

Future CFO

The IMF announced recently a plan to launch a global digital currency platform for central banks. The platform for central bank digital currencies (CBDCs) will enable transactions between countries, said IMF Managing Director Kristalina Georgieva. The global digital currency platform can also help make remittances cheaper, she said, adding that the average cost of money transfers is 6.3% amounting to $44 billion annually.

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Consumer companies slash June output to clear inventory

CFO News

Most chief executives have predicted a demand revival by Diwali and, based on inventory clearance by then, indicated to manufacturers festive season orders higher than last year.

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How Virtual Bookkeeping Can Save You Money

KG Virtual CFO

Virtual bookkeeping refers to the process of managing a business's financial records and transactions remotely through cloud-based software and applications. This service is provided by professional bookkeepers who can access and maintain the business's financial information from anywhere, without the need for physical presence. In today's fast-paced and technology-driven business environment, it is essential for small businesses to stay competitive and efficient.

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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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RIL gets RBI nod to retain extra $2 billion from lenders

CFO News

Reliance Industries has been granted permission by the Reserve Bank of India (RBI) to retain $2bn over its raised $3bn loan in the last fiscal year to use for working capital and expansions in energy and telecoms. The strong demand for the loan saw the company retain more than needed. Lenders from the UK, the US, India, South Korea, Taiwan and Mauritius were involved in the initial loan deal.

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Comparing different capital budgeting techniques

Cube Software

What is capital budgeting? Capital budgeting is the process of evaluating and selecting long-term investment projects that require significant amounts of capital or funds. These projects (e.g., acquiring another company or purchasing fixed assets like machinery) are known as capital expenditures.

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Air India signs agreement with Airbus, Boeing for 470 new aircraft

CFO News

Air India's orders include 70 widebody planes, comprising 34 A350-1000s and six A350-900s from Airbus, and 20 787 Dreamliners and 10 777Xs from Boeing. It also includes 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737 MAX narrowbody aircraft. The airline has also signed options to buy an additional 70 planes from Boeing including 50 737 MAXs and 20 787 Dreamliners, the US planemaker said in a separate statement, making this Boeing's largest order in South Asia.

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ION Treasury announces the successful migration of its Wallstreet Suite clients to ISO 20022

Reval

LONDON – 20 June 2023: ION Treasury, a global provider of treasury and. The post ION Treasury announces the successful migration of its Wallstreet Suite clients to ISO 20022 appeared first on ION.

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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.