Mon.Jan 08, 2024

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The CFO Inquiry: Is Your Business CFO-Ready?

Adam Kae

I'm on a mission to supercharge your business's financial game. My 10-year goal is to guide 100 businesses to $10,000,000 in revenue. Will you be one of them? Let's dive into the CFO Inquiry and figure out if your business is truly CFO-ready. Unveiling the CFO Advantage As a seasoned Fractional CFO specializing in small businesses and marketing agencies, I've witnessed the transformative power a CFO brings to the table.

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United Airlines aims to expand Denver facilities; skirts rumors of potential HQ move

CFO Dive

United’s bid to establish a new flight simulator building in Denver follows a $33 million purchase of property in the city which sparked rumors of a potential shift in the airline’s base of operations.

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NFRA plans annual auditor checks

CFO News

The regulator's plan comes after it released, late in December 2023, inspection reports on deficiencies in the audit processes of major firms such as BSR & Co, Deloitte Haskins & Sells, SR Batliboi & Co, Price Waterhouse Chartered Accountants LLP and Walker Chandiok & Co.

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New CVS drug pricing formula won’t drive up costs, CFO says

CFO Dive

Tying the prices it charges for medicines to those charged by pharmaceutical companies will put the healthcare giant’s pharmacy business on a more sustainable footing, executives said.

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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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Navigating choppy waters: How CFOs are mitigating supply chain disruptions amid geopolitical conflict

CFO News

Anjali Bhadbhade, Chief Financial Officer at DHL Express India, delves into the pivotal role CFOs play in mitigating global supply chain disruptions amid geopolitical conflicts, emphasizing proactive strategies for resilience and continuity.

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The Future Of Financial Advice: How Tech and Approaches In 2030 Will Differ From Today

Nerd's Eye View

Professional service industries tend to evolve over time as the regulatory environment evolves and new technologies emerge. For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape. These changes all have the potential to change the industry by shifting the current focus on selling financial products (including financial plans themselves) to providing a more in-depth and p

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Firms still scrambling over SEC cyber rules: poll

CFO Dive

Grant Thornton found that many companies have taken steps to comply with the new rules, “but some still have work to do.

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ERP Flexibility: critical for today’s CFO and CIO

Future CFO

The cloud has opened new possibilities for CFOs and CIOs to think differently about their IT infrastructure, and how they can increase flexibility and agility in support of innovative businesses. This NetSuite whitepaper highlights the importance of financial software in adapting to evolving business models. Among the topics covered are: Evolving IT Architecture to Support Business A new strategy for the Enterprise Frequently asked questions when upgrading IT Making it happen What an innovation

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Deloitte rolls out in-house generative AI platform for coding, researching

CFO Dive

Around 75,000 employees are beginning to use PairD to assist with daily tasks. The firm expects a total of 100,000 workers will gain access to it in the next six months.

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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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Evaluating SAP ERP products and NetSuite Cloud ERP

Future CFO

Statista forecasts the global cloud ERP market will reach US$40.5 billion by 2025, growing at a CAGR of 13.6% during 2019 and 2025. Some of the advantages of adopting the cloud route include simpler deployment, lower costs, elasticity, the ability to incorporate newer functionality faster, fewer IT resources to operate, manage and support the system, as well as the ability to more easily add users and functions to accommodate business growth.

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5 ways CFOs can optimize the employee experience with commercial cards

CFO Dive

Employees are an organization’s most valuable asset, making their satisfaction and retention paramount for CFOs.

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NetSuite perspective: The value of a true cloud ERP platform

Future CFO

Cloud computing enables companies to adapt to changing business models, both strategically and operationally. According to IDC , companies are migrating their workloads to the cloud, making cloud technology a must-have post-pandemic. IDC predicts that cloud-based spending by Asia Pacific and Japan (APJ) digital-native businesses is expected to hit US$26.5 billion in 2024.

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Navigating Economic Landscapes: How Economics Insights Empower Better Decision Making

Focus CFO

At FocusCFO, we are committed to providing our associates with the best tools and resources to deliver exceptional financial insights and guidance to our clients. One such invaluable resource is our strategic partnership with ITR Economics. We believe in the power of data-driven decision-making, and that's why FocusCFO has partnered with ITR Economics to provide all of our associates , including accomplished leaders like Area President Greg Gens , with access to ITR Economics' insights.

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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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How finance leaders must handle rising cloud costs

Future CFO

The COVID-19 pandemic has accelerated the adoption of various technological advancements to keep up with the evolving market and the shifts. Among such shifts is cloud services, with organisations depending on the cloud to support remote work and digital transformation initiatives. The rapid adoption of this technological advancement led to unexpected challenges in managing cloud costs, a concern finance leaders must handle properly for the organisation.

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Ambani, Adani, Birla among India Inc's bigwigs setting sail for Ayodhya's D-Day

CFO News

Reliance Industries chairman Mukesh Ambani, Aditya Birla Group chairman Kumar Mangalam Birla, Tata Sons chairman N Chandrasekaran and Adani Group chairman Gautam Adani are among India's top business leaders who will be seen at the ceremony with a guest list of more than 10,000. The captains of Indian industry will join the scrum of VVIP arrivals at the small temple town, which will also see achievers from the world of entertainment, sport, politics, faith, public life and the arts.

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How ESG data impacts the finance function

Future CFO

Adopting an ESG strategy can be seen as more than just a tick-box exercise or a means of delivering on sustainability messages, and finance leaders must keep an eye out on the impact of ESG data on the business performance. There are a number of commercial benefits, such as the landscape shifts towards provision of more responsibly sourced products and services.

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Customs case: Singhania-led Raymond Group pays ?328-crore penalty

CFO News

The federal agency identified Raymond Group chairman and managing director (CMD) Singhania as the "beneficial owner," on whose alleged instructions 142 cars, including 138 vintage ones and four R&D vehicles, were procured by group companies from renowned auction houses such as Sotheby's, Barrett-Jackson and Bonhams.

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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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How To Avoid These 3 Catastrophic Power Automate Mistakes

Collectiv

Power A u tomate , as the name suggests, is a powerful tool. It puts manual processes on autopilot to help you save time and avoid bottlenecks. But that exact power and scalability can amplify any mistakes you make. I once accidentally sent out an email to 400 people simultaneously (and spent hours explaining it was a misfire). This happened just because of one mistake in the workflow setting.

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Sony on the brink of terminating $10 billion merger with Zee: The inside story of what went wrong over two years

CFO News

Sony is planning to officially send a termination notice to Zee by this month end, maybe as early as January 22nd, said two people aware of the matter, unless Zee relents on key clauses. Sources close to Zee said most operational CPs have been "cured" while some joint ones are pending from both sides and those linked to the actual consummation of the merger will happen on deal closure.

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The Advantages of Virtual Data Rooms for Secure Data Management and Collaboration

Financial Analyst Insider

Nowadays, in the cybercentury of high technologies, effective data management and collaboration are very important for success. Among the innovative solutions available, virtual data rooms The post The Advantages of Virtual Data Rooms for Secure Data Management and Collaboration appeared first on Financial Analyst Insider.

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Travel cos say Maldives' tourism may not trip just yet

CFO News

Prashant Pitti, co-founder of EaseMyTrip, said the company had suspended the Maldives flight bookings in support of the government, impacting 240,000 bookings made through the platform. On social media posts on Instagram and X, MakeMyTrip said it had observed a 3,400% increase in on-platform searches for Lakshadweep ever since PM Modi's visit. The company did not comment on the impact on bookings to the Maldives.

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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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Quick Guide to SaaS Expense Forecasting

The Finance Weekly

How long will your money last? It's a crucial question for finance leaders in any business. It's not just about knowing your current financial situation, but also projecting into the future based on your plans. While company leaders can't control everything, such as market fluctuations and economic changes, they can influence expenses. This is why expense forecasting is valuable for CEOs, CFOs, and other executives when predicting a company's future financial performance.

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Amit Mitra writes to FM on speeding up steps to check rising GST frauds

CFO News

Amit Mitra, who is now the principal chief advisor to West Bengal chief minister, called for a GST council meeting dedicated to discussing overhauling the GST system and finding a time bound solution to put a check on the "massive laundering of public money"

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FCF Biotech Venture Capital Monitor – USA 11/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 11/2023”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more The post FCF Biotech Venture Capital Monitor – USA 11/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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SC seeks response from taxman on ?1L cr notices to e-gaming cos

CFO News

The show-cause notices were issued after the government clarified that all online games involving betting and gambling, irrespective of skill or chance, will attract 28% GST on full-face value of the bets from October 1, 2023. The government believes some of these firms leveraged the lack of clarity on taxation of "game of chance" and "game of skill" before October 1 and there was a need to have a uniform 28% GST on the full value of bets placed on online gaming platforms.

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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.