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In the AI era, CFOs need to ensure they’re focused on specific challenges when it comes to their data management strategies to ensure they’re getting the most out of unstructured data, Bloomfire CEO Ben Little says.
When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? After all, how busy someone is will be relative to their business, function, and industry. However, as finance and accounting professionals, when someone asks us how work is going, when you answer with “busy,” you mean you are working flat-out trying to do very manual things in Excel.
Some concerns about federal policy have eased since the November election, giving C-suite executives firmer footing as they complete business strategies for 2025.
The Association of Chartered Certified Accountants says the public sector is under unprecedented pressure, with increasing fiscal constraints, rising demands, and evolving societal challenges call for a transformation in how governments deliver value to citizens. According to ACCA’s latest report, A productive approach: Finance professionals improving productivity in the public sector , there is a critical role finance professionals play in navigating these complexities.
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
In the ever-evolving landscape of financial services, the role of a Chief Financial Officer (CFO) is more pivotal than ever, particularly in industries like hospitality. Here, financial nuances can make or break expansion efforts. As businesses aim for growth, astute financial management becomes essential. Discover Expert CFO Strategies for Hospitality Growth to unlock new opportunities and drive your business forward.
In the ever-evolving landscape of financial services, the role of a Chief Financial Officer (CFO) is more pivotal than ever, particularly in industries like hospitality. Here, financial nuances can make or break expansion efforts. As businesses aim for growth, astute financial management becomes essential. Discover Expert CFO Strategies for Hospitality Growth to unlock new opportunities and drive your business forward.
For Cyrus Lam, the aspect of the CFO role that sets it apart from all others is the weight of non-negotiable priorities. Despite years spent closely collaborating with CFOs as an investment banker, Lam tell us he quickly discovered a new level of accountability in the role. Managing cash flow and ensuring payroll, he says, are unyielding priorities.
As businesses continue to evolve and adapt to changing technologies and global market demands, one strategy that has gained immense popularity is outsourcing. While outsourcing has long been a staple for certain business functions like manufacturing, customer support, and IT services, it’s now making waves in the realm of business management. As we approach 2025, […] The post Are You Ready to Outsource Your Business Management Needs in 2025?
My back-to-work morning train WFH reads: • The Asset of the Millennium Isn’t What You Think: Here’s a real Y2K surprise — 25 years later, its Gold. The third millennium (assuming it started in January 2000; remember Y2K?) is almost 25 years old. And it makes a sensible landmark on many levels for anyone trying to understand financial history. Vladimir Putin came to power in Russia, nearly to the day.
In the nonprofit sector, financial management plays a critical role in ensuring that an organization not only sustains its mission but thrives in delivering its services and programs. Often, the person at the helm of financial stewardship is the Chief Financial Officer (CFO). While traditional roles of CFOs in for-profit organizations focus heavily on maximizing […] The post The Role of Your Nonprofit CFO in Executive Management appeared first on Capital CFO+.
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
Despite geopolitical tensions in the Middle East and a strong USD, the Indian Rupee remains one of the best-performing Asian currencies. Finance Minister Pankaj Chaudhary attributes this resilience to India's robust economic fundamentals. Global events and market factors continue to influence the INR-USD exchange rate.
When it comes to obtaining equipment for your growing business, you have some options for procurement - rent, buy, or rent with an option to purchase (typically known as a rental purchase option or RPO). Oftentimes companies aren't sure of a long-term need for equipment, or sometimes they don't have cash on hand for a down payment, so renting is the best option.
Even industry experts are dubbing the current period as India's "prime era" of industrial growth, fueled by a remarkable surge in the sector. Currently holding a 2.7 per cent share in global manufacturing, the nation recognises the need for strategic momentum to expand its footprint.
Welcome to the December 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that the retail brokerage platform Robinhood is acquiring RIA custodian TradePMR, which appears to be less about Robinhood wanting to compete with the likes of Schwab and Fidelity in the custodial space
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.
The government has detected a staggering Rs 824 crore GST evasion by cryptocurrency firms, including Binance-linked Nest Services, which is accused of evading Rs 722.43 crore, Minister of State for Finance revealed.
The transcript from this week’s, MiB: Michael Morris on Tribalism , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio.
Entities linked to Adani Group have sought a settlement with Sebi over alleged public shareholding norm violations. They filed settlement applications following a show cause notice from Sebi. These actions involve key figures, including Vinod Adani, and four listed companies: Adani Enterprises, Adani Power, Adani Ports, and Adani Energy Solutions. Sebi's investigation dates back to 2020.
Foreign Direct Investment (FDI) inflows into India surged by a robust 45 per cent to $29.79 billion in April-September during the current financial year compared to $20.5 billion in the same period during 2023-24, according to figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).
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.
Economists are speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September, a seven-quarter low and far below the Reserve Bank of India’s 7% projection.
Nebius was founded by Arkady Volozh, former founder and CEO of Yandex. Volozh said the $700 million financing would give Nebius additional firepower to build clusters of graphics processing units (GPUs), cloud platforms and other tools for AI developers faster and on a larger scale.
The Serious Fraud Investigation Office (SFIO) on Monday conducted search operations at three companies engaged in manufacturing of electric vehicles namely Hero Electric Vehicles Private Limited, Benling India Energy and Technology Private Limited and Okinawa Autotech Internationall Private Limited.
Pricol Limited is buying Sundaram Auto Components Limited's injection moulding business for INR 215.3 crore. The acquisition is expected to add around INR 730 crore to Pricol's revenue. Pricol plans to strengthen its position in the automotive sector by leveraging SACL's expertise. The deal will help Pricol expand its customer base and diversify its product offerings.
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.
Renault Group and Geely each retain 45% ownership of Horse Powertrain. Aramco's involvement seeks to leverage its research and development expertise and explore innovative approaches to reduce transport emissions, including alternative fuels and efficient engine technologies.
Smartworks, a flexible workspace provider, has received SEBI approval for its IPO. The company operates in 13 cities in India and has expanded to Singapore. Keppel Ltd. is a major investor in Smartworks, having invested $29 million.
Businesses are seeing increased competition from new entrants in various sectors. DMart, Asian Paints, and Pepsi face challenges from new competitors. Investors may suffer in the short term, but customers benefit from price wars. Healthcare competition may not reduce costs despite high medical inflation. Companies are trying new strategies to retain market share.
The company filed its IPO papers on August 23, 2024, and plans to list its shares on both the BSE and NSE. The IPO comprises shares with a face value of Rs 10 each. Carraro India primarily serves the agricultural and construction equipment sectors.
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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