Tech layoffs impact nearly 100,000 workers so far in 2024
CFO Dive
JUNE 18, 2024
Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.
CFO Dive
JUNE 18, 2024
Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.
Navigator SAP
JUNE 18, 2024
Commerce Everywhere refers to a business strategy that allows customers to make purchases seamlessly across any channel. This means they can buy from a physical store, a website, a mobile app, or even through emerging technologies like social media or voice assistants.
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CFO Dive
JUNE 18, 2024
“Inflation and higher interest rates are straining low- and moderate-income households,” St. Louis Fed President Alberto Musalem said Tuesday.
CFO Share
JUNE 18, 2024
As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. At this stage, it’s crucial to ensure that your bookkeeping processes are not just keeping up, but actively supporting your business’s scalability (simultaneously avoiding stress and headaches for you.) Whether you’re working with a bookkeeper or virtual bookkeeping services , adopting advanced techniques can significantly improve your financial management.
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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
CFO Dive
JUNE 18, 2024
The announcement comes as artificial intelligence adoption explodes and enterprises grapple with related risks.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO Dive
JUNE 18, 2024
The CFO swap comes as the defense material provider is looking to continue a two-year hot streak, targeting organic sales growth between 15%-20% for 2024.
Bank of the West
JUNE 18, 2024
A special report from the BMO Real Financial Progress Index finds Americans plan to increase their summer spending across numerous categories, particularly on vacations and travel, with a quarter of… Read more The post BMO survey: US summer spending heats up following record-breaking Memorial Day travel appeared first on About BMO.
CFO Thought Leader
JUNE 18, 2024
Michael O’Grady’s finance strategic moment occurred in 2014 at higher-ed tech company Ellucian. Faced with transitioning from a traditional perpetual license model to a SaaS one, he identified the need for a unified approach across all business functions. Recognizing that the company’s executives had differing visions, he proposed skipping the annual budget process to focus on a 5-year integrated plan.
Future CFO
JUNE 18, 2024
The finance function has long been evolving hence the continuous need to sustain this comes at hand. As finance leaders, it is important to understand every single thing that can be of help for the organisation to maximise benefits of any new technological advancement or initiative, and thereby attain success in all endeavours. According to Gartner, Inc. , with approximately 70% of finance transformation initiatives producing less impact than anticipated, finance leaders are often left wondering
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Fox Corporate Finance
JUNE 18, 2024
FCF ist eine spezialisierte Investmentbank und Finanzierungsspezialist börsennotierte und private Unternehmen des Mittelstands im deutschsprachigen Raum. FCF strukturiert, arrangiert und platziert Eigen- und Fremdkapitalfinanzierungen und unterstützt seine Mandanten bei der Realisierung von Venture-, Wachstums-, Pre-IPO/IPO-, Read more The post Office Manager appeared first on FCF Fox Corporate Finance GmbH.
Nerd's Eye View
JUNE 18, 2024
Welcome back to the 390th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brent Carnduff. Brent is the founder of Advisor Rankings, a marketing firm based in Boise, Idaho that specializes in search engine optimization for financial advisors. What's unique about Brent, though, is how his firm helps advisors maximize both the advisor's organic SEO to attract prospects with specific planning needs through effective content creation , and their local SEO to rise to
CFO News
JUNE 18, 2024
The staffing firm has set ambitious targets for this financial year (FY25), aiming for significant growth in both top-line revenue and net job additions. In an exclusive interview with ETCFO, TeamLease CFO shared insights into the company's strategic plans, anticipated market trends, and the impact of upcoming labour reforms.
CFO Thought Leader
JUNE 18, 2024
Inside The Mentoring Round, CFO Tony Querciagrossa discusses a strategic moment of insight he experienced earlier in his career at Medline Industries, where he collaborated with a commercial leader to address recruitment and organizational challenges, leading to the creation of the commercial finance function. Looking forward, CFO Querciagrossa identifies several key priorities for the upcoming 12 months, including handling various “firsts” for the business such as the first 10-K, fi
Speaker: Victor C. Barnes, CPA, MBA
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.
CFO News
JUNE 18, 2024
Wealthy Indians can use GIFT City to avoid US inheritance tax on offshore investments. IFSCA is seeking tax parity for funds in GIFT City to attract HNI investors.
Barry Ritholtz
JUNE 18, 2024
The transcript from this week’s, MiB: Erika Ayers Badan, CEO of Barstool Sports , 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. ~~~ Bloomberg Audio Studios, podcasts, radio News.
CFO News
JUNE 18, 2024
Zee Entertainment Enterprises announced on Tuesday that Rohit Kumar Gupta, the Chief Financial Officer, will step down citing personal reasons. Mukund Galgali, who has been with the group for over 17 years, will assume the role of acting CFO, a crucial managerial position within the company.
CFO News
JUNE 18, 2024
The central bank came out with a circular in December 2023, requiring mainstream banks and NBFCs to divest their investments in AIFs that have funded any company that has borrowed from the bank or NBFC. The regulator had also raised provisions for banks or NBFCs investing in AIFs that subsequently lend to their borrowing companies.
Speaker: Kim Beynon, CPA, CGMA, PMP
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.
CFO News
JUNE 18, 2024
The board of Power Finance Corporation (PFC), a state-owned entity, has approved a loan of Rs 15,000 crore to companies within the Shapoorji Pallonji group, according to sources familiar with the matter. This decision represents a significant development for the Mistry family, who hold 18.37% stake in Tata Sons. The loan is intended to assist in settling personal debts and fulfilling financial obligations owed by their operational firms to creditors.
CFO News
JUNE 18, 2024
Banks have alerted the government and the banking regulator Reserve Bank of India about shortages in automated teller machines (ATMs). They have also advocated for clearer procurement norms through the government e-marketplace (GeM) portal. Industry insiders mentioned that the initial low capacity issue is linked to the 'Make in India' guidelines implemented in FY20.
CFO News
JUNE 18, 2024
Budget expectations: Finance Minister Nirmala Sitharaman is set to initiate consultations starting Wednesday for the upcoming full budget of the new government, scheduled for presentation in July. India Inc has proposed a series of reforms, including medium-term measures, aimed at propelling the economy towards higher growth, fostering employment generation, stimulating private investments, and ensuring macroeconomic stability.
CFO News
JUNE 18, 2024
The Competition Commission of India (CCI) has approved the restructuring of the Godrej group, involving a realignment of interests, legal ownership, and management among family branches. This restructuring, based on a family settlement agreement from April 30, will affect entities including Godrej Industries, Godrej Consumer Products, Godrej Properties, and others within the GILAC and G&B Groups.
Speaker: Mark Gilham, FCCA, CPP
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.
CFO News
JUNE 18, 2024
The National Financial Reporting Authority (NFRA) is set to conduct its first annual inspection of eight audit firms, including the Big Five, to reveal its findings by October or November. The inspection will focus on auditors' processes and standards, revealing how NFRA plans to strengthen the country's audit and accounting ecosystem to combat corporate frauds and uphold shareholders' interests in a rapidly growing economy.
CFO News
JUNE 18, 2024
There can be positive surprises, I do not rule it out. But I think, you see we give a number when we are totally convinced about it and our approach is not to sort of gamble by giving a higher number. Our overall approach as a central bank is always very conservative in the sense that when we are absolutely sure about a particular number, we give it.
CFO News
JUNE 18, 2024
As per the shareholding data of One 97 Communications, Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform. Paytm shares on Tuesday settled in the red, breaking their two-sessions winning streak.
CFO News
JUNE 18, 2024
Nvidia surpassed Microsoft as the world's most valuable company, with a market cap of $3.326 trillion. It overtook Apple recently, driven by demand for its processors in AI technology.
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
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