Mon.Dec 18, 2023

article thumbnail

Human Connection Is Still CFOs’ Greatest Asset

CFO Dive

Finance chiefs must find the “delicate balance between leveraging the power of digitization and fostering personal connections,” Bob Purcell writes.

Leverage 268
article thumbnail

One out of four Indian employees may switch jobs within the next year, reveals BCG survey

CFO News

Boston Consulting Group (BCG), a global management consulting firm, surveyed 11,000 employees across eight countries, including India. The survey reveals that 26 per cent of Indian employees may leave their current jobs within the next year, emphasizing the critical role of emotional factors in retention.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US regulators flag commercial real estate as a leading risk in 2024

CFO Dive

“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

Marketing 285
article thumbnail

Interim Budget 2024 near, FM says India is on the cusp of change; managing finances is about managing priorities

CFO News

Addressing students at a Kerala college, the finance minister asserted that India is on the “cusp of change” and even areas like space and atomic energy--once the preserve of the public sector--have now been opened up for private players, creating immense opportunities.

Finance 98
article thumbnail

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.

article thumbnail

How CFOs help reduce cyber risk

CFO Dive

As a CFO, it is essential to wear several hats, including that of managing risk effectively.

CFO 263

More Trending

article thumbnail

Hewlett-Packard Enterprise taps HP Inc. CFO for finance chief

CFO Dive

Company veteran Marie Myers will take HPE’s financial reins as it looks to boost slumping IT spending heading into the new year.

Finance 159
article thumbnail

2023: The Big Picture

Barry Ritholtz

Love this giant chart! You can order one at Investments Illustrated The post 2023: The Big Picture appeared first on The Big Picture.

article thumbnail

Govt reconstitutes National Startup Advisory Council

CFO News

The DPIIT had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

article thumbnail

961: Finding Healthier Alternatives and Profits | Greg Robbins, CFO, Odyssey Wellness

CFO Thought Leader

Greg Robbins began his career inside the realm of Big Six accounting houses, an experience that he tells us laid the foundation for a career in financial operations and strategy. However, he credits much of his leadership style to his time at Red Bull, where he learned that real development comes from hands-on experiences, insightful feedback, and formal training, a philosophy that he has carried forward throughout his career.

CFO 52
article thumbnail

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.

article thumbnail

A CFO's guide to safeguarding data

Future CFO

Finance leaders, including organisations' chief financial officers, are now required to have a firm grasp of technology, even if in essence, it is not part of the traditional job description. The reason for this is that the role is evolving, and as technological advancements and digital transformation take up the center stage of the business landscape, CFOs must keep up.

CFO 52
article thumbnail

Harnessing data through DPI could help Indian business access finance

CFO News

While speaking on the issue of enabling innovative finance for MSMEs, Amar Patnaik highlighted the role of SIDBI, and indicated that a similar recommendation has been made by the Standing Committee on Finance. Patnaik also highlighted the need for supporting women self-help groups by way of capitalisation, market linkages and training.

Finance 52
article thumbnail

2024 predictions for finance: From virtual payments to CSR (part 2)

Future CFO

In addition to three 2024 predictions for finance from SAP Concur executives , today we have two more from the company in the area of how cost-cutting measures will affect business travel as well as how corporate social responsibility (CSR), new distribution capability, and AI might change business travel. Cost-cutting measures will create business travel tension One of the major 2024 predictions for finance is how cost-cutting measures would creation friction between employees and employers.

Finance 52
article thumbnail

UK’s carbon tax may impact USD 775 mn worth of Indian goods

CFO News

For the EU, the tax range is 20-35%. Both the UK and the EU have implemented emissions trading systems (ETS) to cap and reduce greenhouse gas emissions. These systems work by setting a limit on the total amount of carbon dioxide emissions allowed and then issuing permits to emitters. Companies must purchase permits for each ton of carbon dioxide they emit, and the price of these permits is determined by supply and demand.

52
article thumbnail

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.

article thumbnail

New Employment Laws – Illinois 2024

CFO Simplified

It seems that Illinois is constantly making changes to the way that business owners must work with their employees. The state has become very “employee friendly” and it seems that they annually pass new laws and regulations that business owners need to consider in their ongoing policies. If you don’t implement these changes, there are often fines and penalties coming your way.

article thumbnail

Over 4000 MSMEs in current fiscal get financial incentives under International Cooperation Scheme

CFO News

At the district-level, government has taken measures to promote exports under the District Export Hub Initiative that includes identification of products and services with export potential in all the districts of the country, in consultation with all stakeholders including the States/UTs.

52
article thumbnail

Don't wait to automate: your guide to selecting finance automation software

Cube Software

Finance automation: a need, not a want Today, companies are dealing with more transactions, complex financial operations, and the need for timely financial insights. Automation tools address these challenges by streamlining repetitive tasks like manual data entry, invoicing, and reporting, which significantly reduces manual tasks and errors.

Finance 52
article thumbnail

India shines as a global growth leader, contributing over 16% to the world's growth: IMF

CFO News

Economic reforms in digitization and infrastructure propel India's robust growth, making it one of the fastest-growing major economies. While facing global challenges, the nation's focus on infrastructure investment and logistical development lays a strong foundation, says International Monetary Fund. The IMF emphasizes the need for comprehensive reforms, including labor utilization.

article thumbnail

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

article thumbnail

ERP system software: How to make the most of your evaluation

Cube Software

What is ERP system software? ERP (Enterprise Resource Planning) systems are integrated software platforms designed to centralize and streamline business operations. They serve as the backbone of an organization's data processing and decision-making infrastructure.

article thumbnail

Weak currency to aid exports; US rate hikes, geo-political tension exerting pressure on rupee: Finmin

CFO News

In a written reply in the Lok Sabha, minister of state for finance Pankaj Chaudhary also said spill-overs from geo-political tensions, aggressive monetary policy tightening across the world and recent surge in crude oil prices are some of the factors exerting pressure on the rupee against the dollar.

article thumbnail

Top 10 Datarails alternatives to level up your finance function

Cube Software

Understanding Datarails: its strengths and limitations Datarails is an FP&A platform tailored for Excel users, primarily designed to automate data consolidation, reporting, and planning. It allows finance teams to continue using their familiar Excel spreadsheets and financial models, focusing on delivering insights critical for business growth.

Finance 52
article thumbnail

TDSAT directs DoT to adjust excess Rs 755.52 cr collected from Voda Idea towards statutory dues

CFO News

“…we hereby direct the respondent (read: Government of India) to adjust Rs 755.52 crore towards liability of this petitioner (read: Vi) for licence fee and towards spectrum usage charges (SUC) within 15 days from today,” the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) said in an order, dated December 15, 2023.

52
article thumbnail

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.

article thumbnail

An in-depth look at IBM TM1: features, benefits, and drawbacks

Cube Software

At a glance: IBM TM1 IBM TM1, which stands for Table Manager 1, is a software tool designed for FP&A, part of the broader IBM Planning Analytics suite.

article thumbnail

Centre cuts windfall tax on petroleum crude, diesel

CFO News

​​India imposed a windfall tax on crude oil producers in July 2022 and extended the levy on exports of gasoline, diesel and aviation fuel as private refiners wanted to sell fuel overseas to ​make gains from robust refining margins instead of selling locally.

52
article thumbnail

Banks want norm barring penal interest rate deferred by three months

CFO News

Lenders argued in a representation to the RBI earlier this month that penal interest rates lead to better credit discipline. They also said they needed time to reconfigure their internal systems. "We need more time to reconfigure our internal systems to adhere to guidelines, and accordingly, a representation was made to the regulator earlier this month," an executive of a leading public sector bank said on condition of anonymity.

Banking 52
article thumbnail

Is the funding winter finally ending? Startup salaries cool as tech talent war settles

CFO News

Approximately 46% of the participating startup founders noted a decrease in employee turnover over the last year, signaling an improvement in retention rates. Moreover, 50% of the founders observed that hiring for tech roles has become more straightforward, attributing this trend to the moderation of tech salaries.

article thumbnail

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.