Mon.Nov 06, 2023

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Long-time PepsiCo CFO moves to top finance seat at Disney

CFO Dive

The entertainment firm may be looking to lean on Hugh Johnston’s financial chops as it fends off challenges from activist investors and looks to bolster drooping streaming results.

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Interest Payments Are An Increasingly Large Part Of The US Budget Deficit

Barry Ritholtz

Source: Chartr We talked about this 2 weeks ago , but the nation missed a fantastic opportunity to refinance all of the outstanding US debt at much lower levels. Every corporate debt issuer and homeowner in America refinanced at lower rates — except for Uncle Sam. If you were in Congress from 2015-2021, you are the reason why HALF of the projected federal debt will soon be interest payments.

Budgeting 124
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Banks tighten standards on loans to companies of all sizes: Fed

CFO Dive

Demand for commercial and industrial loans fell during the third quarter as the Fed pushed up the benchmark interest rate to a 22-year high.

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Auditors questioning companies is a good sign: NFRA Chief

CFO News

Ajay Bhushan Pandey hopes auditors speaking up will eventually over a period of time result in an overall improvement in audit quality and more trust in financial reports of the public interest entities.

Auditing 116
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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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Truist pushes ambitious reorganization in $750M cost-cutting plan

CFO Dive

CFO Mike Maguire says the bank is making good progress, as it grapples with a string of high-profile executive departures.

Planning 283

More Trending

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A data governance blueprint for finance teams

CFO Dive

Learn how CFOs can establish controls and cross-departmental partnerships for stronger data governance.

Finance 276
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The Latest In Financial #AdvisorTech (November 2023)

Nerd's Eye View

Welcome to the November 2023 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 Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while

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An inside look at working capital management with SAP and Taulia

CFO Dive

Businesses in every sector face challenges in managing cash, and at the heart of every stable firm sits working capital management.

SAP 219
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On offer: Govt mulls some relief on levy of GST on vouchers and gift cards

CFO News

Some vouchers have GST levied on them at the time of purchase, which leads to double taxation when they are used to buy goods or services that also include the tax. The proposed clarification is expected to clear the air on the taxability of vouchers and gift cards, suggesting they should not be taxed at the point of sale.

Sales 59
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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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Slack CEO to depart after first year at the helm

CFO Dive

Lidiane Jones will step down from the top role at the collaboration software company to lead online dating app Bumble on Jan. 2.

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Jaiprakash Associates defaults on Rs 4,258 crore loans

CFO News

Jaiprakash Associates Ltd (JAL), the flagship company of the crisis-hit Jaypee Group, has disclosed a default on loans amounting to Rs 4,258 crore, including both principal and interest, in a regulatory filing.

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ACCA qualification gains popularity in India

Future CFO

The Association of Chartered Certified Accountants qualification is gaining popularity in India, according to Helen Brand , the body's chief executive officer. In an interview with The Financial Express, Brand said more and more global corporate houses and multinational companies which set up offices in the country seek ACCA qualification among their applicants.

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Fibe CFO focuses on growth but keeps hawkish eye on asset quality

CFO News

Ashish Goyal is betting big on deepening the company’s existing lines including its latest foray into health, insurance, and education financing products, and at the same time exploring new product lines for the future.

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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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Major credit trends in 2024

Future CFO

There are several major credit trends in 2024, said Moody’s recently. These major credit trends are as follows. Interest rates higher for longer Central banks will keep rates higher-for-longer to keep a lid on core inflation, which will gradually increase borrowing costs, slow economies and uncover pockets of risk. Structural shifts tied to climate risks, new technologies and demographics will challenge existing business and revenue models.

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Blackstone sees most Asia deal activity in India, Japan in 2024

CFO News

Blackstone foresees India and Japan as its primary Asian markets in the coming year for capital allocation. The world’s largest alternative asset manager recently acquired a stake in two hospital chains in India. As for Japan, Blackstone is open to do deals in Japan that are anywhere from $300 million to more than $2 billion, and in sectors like IT, healthcare and consumer.

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Jedox software reviews and packages: what to know before you buy

Cube Software

Key capabilities of Jedox Jedox is an all-encompassing Enterprise Performance Management software designed for planning, analysis, reporting, and enhancing value-creation processes.

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Global economic recovery slow & uneven, needs joint action: Nirmala Sitharaman

CFO News

At a seminar on Strong, Sustainable, Balanced and Inclusive Growth in the Capital, Sitharaman said the New Delhi Declaration of G20 leaders in September underscored the urgency of adopting well-calibrated structural policies to bolster equitable growth and improve macroeconomic and financial stability.

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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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Mosaic FP&A software: pros and cons for finance leaders

Cube Software

What is Mosaic FP&A software? Mosaic is a cloud-based financial intelligence platform offering a suite of tools designed to enhance visibility into business operations. At its core, Mosaic aims to streamline the financial planning process, making it more intuitive and less time-consuming.

Finance 52
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Renew Power to invest Rs 44,000 cr by FY26: CEO Sumant Sinha

CFO News

Renew Power is looking to invest in wind, solar as well as in Green Hydrogen, Sinha revealed. He was speaking after the launch of the second edition of his book 'Fossil Free'.

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Preplanning for the Unthinkable: Business Divorce

CFO Simplified

When business partners work together, they do so because they get along great. Maybe they jointly developed the concept for their business. Perhaps they each owned different companies and discovered that their businesses were so compatible that they merged their organizations together. Possibly they were part of the same industry and felt that becoming vertically integrated would provide them with better control over the production and distribution of their products.

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India looks to fast-track approvals for Elon Musk's Tesla by January 2024

CFO News

The Prime Minister's Office Monday held a meeting with top officials to take stock of the next phase of electric vehicle (EV) manufacturing in the country, including Tesla's investment proposal, people with knowledge of the matter told ET.

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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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Munich-based Financing Specialist FCF Fox Corporate Finance advises Dutch Agricultural Technology Innovator In Ovo in a pivotal funding round of EUR 40 Million.

Fox Corporate Finance

PRESS RELEASE Munich-based Financing Specialist FCF Fox Corporate Finance advises Dutch Agricultural Technology Innovator In Ovo in a pivotal funding round of EUR 40 Million. Munich, November 6, 2023 – FCF Fox Corporate Finance, a. Read more The post Munich-based Financing Specialist FCF Fox Corporate Finance advises Dutch Agricultural Technology Innovator In Ovo in a pivotal funding round of EUR 40 Million. appeared first on FCF Fox Corporate Finance GmbH.

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IT pays? Now not much higher for the new hire

CFO News

This fiscal, software firms are offering hikes of 18-22% to those jumping jobs, while earlier, such candidates would command an increase of over 40% — even up to 100-120% — in remuneration, according to data from staffing firms accessed by ET.

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Get access to additional deposit insurance while doing good

CFO Dive

Unlock the power of a single banking relationship for better treasury management and financial security.

Treasury 187
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Big-bang luxury sales add to Diwali shine

CFO News

"Renowned international brands such as Louis Vuitton, Dior, Cartier, Bulgari, Gucci and Giorgio Armani are leading the way, with increased sales compared to last year," said Pushpa Bector, senior executive director at DLF Retail. Higher spending per customer than last year across all luxury categories signals an uptick in overall expenditure this festive season.

Sales 52
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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.