Fri.Apr 28, 2023

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Maximizing Billing Accuracy and Efficiency with ERP

Navigator SAP

Payment is at the center of every business. In an ideal world, businesses deliver a product or service and get paid immediately for this product or service. The reality, however, is that payment doesn’t always immediately follow delivery, and collecting payment can be a time-consuming process. Sometimes there even is revenue leakage from inaccurate billing.

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Audit partners suffer after writing critical ICOs: study

CFO Dive

Audit firms face a conflict between sustaining income from client fees and their legal obligation to identify weaknesses in a client’s internal controls, researchers said.

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Trending Sources

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Implementing SAP HANA: A Comprehensive Guide

Navigator SAP

In today's fast-paced and highly competitive business environment, companies must leverage technology to stay ahead of the competition. On that note, enterprise resource planning (ERP) systems are essential for managing complex business operations from production and supply chain management to financial reporting and analytics. SAP HANA is one of the most powerful ERPs for the professional services industry on the market, and it offers real-time data processing and analytics capabilities.

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Amazon to put ‘more dollars’ toward generative AI, CFO says

CFO Dive

Amazon is following in the footsteps of other large-scale tech firms like Apple and Meta by funneling more funds toward generative AI.

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Planning Your Restaurants 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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VWAP-er’s Delight

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Brian Shannon and Downtown Josh Brown discuss olume-Weighted Average Price (VWAP), trading strategies, technical analysis, tech earnings, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!

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More Trending

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MTA: Peter Borish, Tudor Investments

Barry Ritholtz

Today, I am interviewing Peter Borish, one of the legends of trading & investing: Founding partner and right-hand man to Paul Tudor Jones at Tudor Investment Corporation; he was Director of Research for 10 years. He was the founding Trustee of the Robin Hood Foundation in 1988He was also Chairman and CEO of Computer Trading Corporation, an investment and advisory firm whose largest consulting client is the Canadian Imperial Bank of Commerce (CIBC).

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AWS revenue growth slows as cloud market expands

CFO Dive

Revenue growth has slowed for Amazon’s cloud division as customers seek cost savings in workload optimization.

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I Bond’s fixed rate will rise to 0.9% on May 1, TreasuryDirect says

Tips Watch

Composite rate will fall from 6.89% to 4.30%, but the fixed rate of 0.9% is highly attractive for long-term holders. By David Enna, Tipswatch.com Surprise! I Bonds purchased from May to October 2023 will get a fixed rate of 0.

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Weekend Reading For Financial Planners (April 29-30) 2023

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" — this week’s edition kicks off with the news that following previous guidance regarding obligations under Regulation Best Interest (Reg BI) regarding account recommendations and conflicts of interest, the SEC released a new bulletin this week focusing on the duty to care.

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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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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Fearful Millennials Missed Stock Market Rally With Shift to Cash : Getting out of stocks last year meant missing 2023 rally Other generations were more likely to stay put during rout. ( Bloomberg ) • In Manhattan’s Sluggish Home Market, Cash Is Greasing the Wheels : A record share of buyers are avoiding mortgages, and sellers eager to close are jumping at their all-cash offers.( Wealth ) see also Commercial Real-Estate Woes Run Deeper Than in Past Downtu

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SC backs clause that allowed exporters to claim credit

CFO News

The Supreme Court on Friday upheld the validity of mandatory fulfilment of a "pre-import condition" that allowed exporters to claim credit of raw materials bought before actually exporting the product.

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Bank Integration with CS Lucas

CS Lucas

This article provides an overview of the integration between banks and the CS Lucas Treasury Management System, highlighting the benefits, methods, and costs of integration. BENEFITS Integrating CS Lucas with your bank offers several benefits, including: Accurate and up-to-date information for planning : With integration, bank balances and electronic statements are automatically retrieved and populated in real-time, enabling faster and more informed decision-making.

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Jet Airways CEO Sanjiv Kapoor quits

CFO News

After the National Company Law Tribunal (NCLT) ruled the case in favour of JKC, it was given 180 days to make payments of Rs 180 crore to the erstwhile creditors of the airline and Rs 250 crore to former employees. While May 14 is the last date to make the payments, the consortium has made no payments so far.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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CS Lucas and Accounting System Integration

CS Lucas

This article will cover the information exchanged between CS Lucas and the accounting (Enterprise Resource Planning) system, as well as the methods employed to facilitate this exchange. Information sent from CS Lucas Accounting Journal CS Lucas sends accounting journals to the general ledger of the account system, which are derived from various treasury and banking transactions maintained in the system, such as money market, term loan, foreign exchange, non-deliverables, investments in bonds

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Over 90% of Wipro’s freshers chose lower salary option: CFO Jatin Dalal

CFO News

In February, Pune-based labour union Nascent Information Technology Employees Senate (NITES) had filed a complaint against the company with the central labour ministry alleging "unethical reduction" in salary offers of more than 4,000 candidates.

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What to expect from accounting firms specializing in nonprofits

The Charity CFO

Is there an advantage to working with accounting firms specializing in nonprofits? Nonprofit organizations play a crucial role in addressing social, environmental, and cultural issues in our society. However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Fortunately, there are accounting firms that specialize in nonprofits and can help navigate all of these specific requirements with their vast industry k

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Rural markets are aspirationally emulating urban India, says Nestle India Chairman

CFO News

Nestle India has reported its highest growth in a decade, posting a 20.43% rise in sales for the March quarter. Chairman Suresh Narayanan has attributed the boost to a surge in aspirations from consumers in rural areas and small towns, who now mirror those of the urban population. Nestle made an almost 25% increase in net profit for the period, with its Q4 report showing the fastest growth among other FMCG firms so far.

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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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Invest India ambit may include trade promotion

CFO News

The revamp plan comes after the resignation of its chief executive officer and managing director Deepak Bagla last month. Invest India is under the Department for Promotion of Industry and Internal Trade (DPIIT).

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India likely to demerge Central Statistical Office, National Sample Survey Office

CFO News

"The internal restructuring exercise was undertaken with a view to have greater synergies amongst the available statistical manpower and improve data quality not only for survey data but also for administrative statistics," a press note issued by the ministry in 2019 had said.

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ET Awards: Honest taxpayers need to be appreciated but wrongdoers punished: FM Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman said private investment is turning the corner and would have gained further traction but for the twin blows of the pandemic and the Ukraine war. The government had slashed the corporate tax rate substantially in September 2019 to 15% for new manufacturing units but the pandemic broke out in early 2020 and the Ukraine war followed.

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JPMorgan, PNC Financial eye First Republic Bank buyout after FDIC takeover

CFO News

JPMorgan and PNC Financial Services Group are vying to buy First Republic Bank in a sale expected soon following the troubled lender's probable seizure by the US government, according to anonymous sources. If that occurs, this will be the third bank to have collapsed in the US since last month. Its shares dropped by 54% in New York trading last Friday, with reports suggesting it may well be seized by US banking regulators.

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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.

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How scamsters in India are sending thousands of crores of rupees back to China

CFO News

Chinese scammers have suddenly mushroomed after the pandemic, which led to a widespread use of various kinds of apps and other digital technology, especially for money transfer. Chinese scams usually operate through apps and digital payment systems. The scams could range from investment to micro lending, jobs and betting. These apps are run by companies registered in India with dummy directors either by roping in Indians or using stolen data.

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Recovery notices likely to two EV companies over FAME sops

CFO News

The probe found the EV two-wheeler firms breached the localisation programme they had committed to, said the people. The recovery notices will seek to claw back the subsidy amount disbursed under the FAME II scheme, they said.

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For India to become $5 trillion economy, private sector must rise to the occasion: Amitabh Kant

CFO News

“India needs to grow at minimum 8% per annum over a long period of time. If you have to become a $5 trillion and subsequently a $10 trillion economy and raise the per capita income of Indians… I think the animal spirit of the private sector must rise up to the occasion now,” said Amitabh Kant, India’s G20 Sherpa.

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India's economic resilience: IMF predicts Indian economy will grow by nearly 6 per cent this fiscal year

CFO News

The International Monetary Fund (IMF) on April 11, released its latest World Economic Outlook report, projecting that the Indian economy will grow by 5.9 per cent in the current fiscal year, making it the fastest-growing economy in the world. Nonetheless, the organization also warned that disruption in the financial system could have a detrimental effect on overall global growth.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Core sector growth hits 5-month low of 3.6% in March

CFO News

The index of eight core industries measures the output of key infrastructure sectors - coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity. These sectors have a 40 per cent weight in the Index of Industrial Production (IIP), suggesting industrial growth may also trend lower in March.

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Startups oppose separate law on digital markets

CFO News

IAMAI’s members include companies such as Google, Meta and Microsoft, in addition to Indian tech firms such as Paytm, Ola, PhonePe, Unacademy and Byju’s.