Mon.May 22, 2023

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What finance departments should be doing to prepare for the future

CFO Dive

Businesses that hope to survive should be constantly thinking about what they need to do today to be ready for tomorrow.

Finance 220
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The beauty market in 2023: A special State of Fashion report

Mckinsey and Company

The glow of the beauty industry has proved hard to resist, attracting many new companies and investors. Brands must make differentiating choices to find success in this shifting and increasingly competitive landscape.

Marketing 278
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Fostering diverse banking relationships key to balancing risk

CFO Dive

The wobbles in the banking industry put a spotlight on the importance of diversifying banking and financial relationships for CFOs looking to mitigate business risk.

Banking 246
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Age is just a number: How older adults view healthy aging

Mckinsey and Company

The results of a survey from the McKinsey Health Institute shed light on the health perceptions and priorities of people aged 55 and older.

Numbers 275
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How Emotionally Intelligent Leaders Drive Business Results

Employees who feel listened to show a 64% longer commitment to tasks (Forbes). And that’s just for starters. Learn how emotionally intelligent leaders drive business results. Download Paycor’s guide for the full story.

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Investors oppose using ESG criteria in retirement funds: Gallup

CFO Dive

U.S. companies face intense pressure to embrace sustainability even as many Americans do not want ESG goals to guide the investment of their retirement money.

More Trending

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The CFO design thinking mindset

CFO Dive

Taking a human-centered approach to leadership is key for CFOs to craft agile leadership strategies, IMA’s Loreal Jiles said.

CFO 250
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The near-term outlook for refining: Where to now?

Mckinsey and Company

With record high margins in 2022 pushing toward increasing market tightness, volatility, and potential long-term challenges, players can use this time as an opportunity to become more resilient.

Marketing 175
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Technical debt and innovation – the CFO’s perspective

CFO Dive

Does the balance we strike between innovation and control align with our organization’s strategy?

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Got resilience?

Mckinsey and Company

External shocks and uncertainty are the new normal for businesses. To build lasting resilience, organizations can start by reviewing how healthy they are.

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199
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Acterys: Revolutionizing CIO & CFO Decision-Making

Welcome to the Future of Technology for CIOs & CFOs! Ever stood on the precipice of a technological revolution, feeling the energy of change? Ever been captivated by the whispers of a software that's not just innovative but genuinely groundbreaking? Acterys unveils a groundbreaking technology tailored for CIOs and CFOs. This state-of-the-art solution streamlines data integration, analytics, and forecasting, empowering leaders to make informed decisions quickly.

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Integrated supplier payments: a simple solution that serves a complex process

CFO Dive

A business without reliable, on-time vendor payments is like a farm with a tractor.

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What Is ERP Automation? Unlocking the Potential of AI

Navigator SAP

Businesses of all sizes can now automate common workflow procedures and operate with remarkable efficiency thanks to recent breakthroughs in AI-based machine learning and Enterprise Resource Planning (ERP) software.

Planning 130
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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Don’t underestimate the American consumer : As we’ve discussed repeatedly, consumer finances have been in remarkably good shape despite what weak sentiment may suggest. And robust demand for labor continues to fuel job creation. All of this represents massive tailwinds powering spending, which has been bolstering economic growth for months. ( TKer ) • Apple Is Reaching Deeper Into Your Pocket.

Banking 111
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PNB CEO says don’t see any challenge in ECL implementation

CFO News

Atul Kumar Goel points out the improvement in the bank’s capital adequacy ratio and provision coverage ratio over the past year to highlight the readiness of the lender for the expected credit loss-based framework.

97
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The Buyer’s Guide to HR & Payroll Technology

Choosing an HCM partner is one of the most important decisions you’ll make because time is one of your company’s most strategic assets. How do you want to spend your time?

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Pfizer’s $43B Pursuit Of Seagen: Q&A With Séverine Piot-Deval

Global Finance

Pfizer’s $31 billion bond sale to fund its $43 billion acquisition of cancer drug maker Seagen is one of the largest in history. Healthcare expert Séverine Piot-Deval discusses the deal with Global Finance.

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Ola Electric raises USD 300 mn funding at USD 6 bn valuation

CFO News

It is claimed that the latest round, which is being headed by a well-known sovereign fund business, has drawn a strong reaction from other investors and that the paperwork for the sale would be completed in a few weeks.

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Best Practices For Running A Financial Planning Internship Program (And Creating A More Productive Outlook)

Nerd's Eye View

Traditionally, financial planning internship programs have offered students who are aspiring financial planners a way to prepare for entering the workforce by gaining real-world experience in advisory firm settings (as well as a way to get their foot in the door with prospective employers). But when the COVID-19 pandemic arrived in 2020, many firms shut their offices and went fully remote, which forced them to either rapidly reconfigure their internship programs or – as was more commonly t

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NCLAT upholds Go First bankruptcy proceedings in a setback to lessors

CFO News

An Indian appeals tribunal on Monday upheld the insolvency proceedings against cash-strapped airline Go First in a setback to efforts of its lessors to repossess their aircraft.

52
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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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3 Ways to Improve NetSuite Planning and Budgeting

Lime Light

NetSuite Planning and Budgeting Made Better with the Right FP&A Integration Companies using ERP software experienced an 11% reduction in operational costs on average. If you’re currently using Oracle NetSuite, you’ve no doubt seen a wide variety of improvements across your organization. That said, many, many organizations fail to extract maximal value from their ERP because they fail to make the most out of the NetSuite planning and budgeting potential.

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CFOs: How you can improve data quality

Future CFO

Data quality is of paramount importance to the effective use of data analytics, but it remains a tall order to improve data quality which can become a huge barrier to cost savings and sustainable value delivery. Improving data quality is not a one-time effort, said Jason Medd, Director Analyst at Gartner. “One of the mistakes that organisations make is taking a technology-centric approach to data quality improvement, with little focus on organisational culture, people and processes to streamlin

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Exclusive: Reliance JioMart fires 1,000, a bigger layoff round likely

CFO News

This is part of a larger cost-cutting measure over the next few weeks which will include reducing the 15,000 workforce in the wholesale division by two-thirds, three officials privy to the development told ET.

52
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How to Solve the Top 7 BI, Planning, and Forecasting Challenges

Collectiv

We live in a data-driven world. Accurate and timely business intelligence (BI) is critical to effective planning and forecasting. But organizations face many challenges in their data journey because every facet requires specialized knowledge and expertise to devise the best solution. Collectiv is like a BI Swiss Army knife. Each of our consultants has a unique background and skill set to help enterprise teams tackle any and all challenges with BI, planning, and forecasting using the Microsoft P

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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Sebi, RoC to now probe alleged wrongdoings at PTC India Fin

CFO News

In the notes accompanying the company's annual results, Delhi-based auditors Lodha & Co said the company has received four show cause notices (SCNs) from the RoC and also one from Sebi in the quarter ended March on corporate governance issues raised by independent directors who resigned on January 19, 2022, and December 2, 2022.

52
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Webinar: Future of Treasury in the Digital Age | June 22

Strategic Treasurer

Future of Treasury in the Digital Age June 22 | 11:00 AM EDT Register Now Date Thursday, June 22, 2023 Time 11:00 AM – 12:00 PM EDT Where This is an online event Speakers Baptiste Collot, Trustpair Craig Jeffery, Strategic Treasurer Sponsored By Hosted By 1.2 CTP and FP&A re-certification credits will be given for attendance to this live webinar.

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Vedanta announces first interim dividend of Rs 18 per share for FY24

CFO News

Mining company Vedanta has declared a 1,850% interim dividend for the financial year 2023-24, totalling Rs 6,877 crore. The dividend would be given as per law, the company said. Vedante reported poor Q4 profits, hit by declining metal prices as revenue from its core aluminium business dropped to 33% from 39% on year.

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Webinar: Securing Your Receipts | June 20

Strategic Treasurer

Securing Your Receipts June 20 | 11:00 AM EDT Register Now Date Tuesday, June 20, 2023 Time 11:00 AM – 12:00 PM EDT Where This is an online event Speakers Sarah Mill, Deluxe Jim Woods, Deluxe Craig Jeffery, Strategic Treasurer Sponsored By Hosted By 1.2 CTP and FP&A re-certification credits are pending for attendance to this live webinar. Participants who attend this live session and respond to 3 polling questions will earn 1.2 CPE credits.

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Quick Start Guide to a Crystal Clear Close

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

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Private consumption, rural demand to drive India's growth in Apr-Jun quarter, highlights RBI bulletin

CFO News

The article released on Monday also stated that the global economy is transfixed in the cross-currents of slowing growth and high inflation, and an uneasy calm prevails in the global financial markets as they await clearer signals from policy authorities on banking regulation and supervision, and contours of deposit insurance.

Banking 52
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Webinar: Payment Security Webinar Series: Principles of Payment Assessment | June 16

Strategic Treasurer

Payment Security Webinar Series: Principles of Payment Assessment June 16 | 12:00 PM EDT Register Now Date Friday, June 16, 2023 Time 12:00 PM – 12:30 PM EDT Where This is an online event Speakers Craig Jeffery, Strategic Treasurer Hosted By 0.6 CTP re-certification credits will be given for attendance to this live webinar. Description : A formal assessment of a company’s payment processes typically reveals 50-100% more payment processes than they believed they had.

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NCLT directs NSE, BSE to 'reassess' approvals for Zee-Sony merger

CFO News

The division bench, headed by judicial member HV Subba Rao and technical member Madhu Sinha, will now hear the case on June 16. In its May 11 order, the NCLT has instructed the exchanges to reassess and validate the non-compete clause of the merger, which had previously received approval from both the exchanges and the Securities and Exchange Board of India (Sebi).