Mon.Oct 30, 2023

article thumbnail

What Do You Really Need in a Controller?

CFO Selections

When you need to hire a Controller, what should you look for? What do you really need and what is just nice to have? Obviously, as the person who will have ownership over your entire accounting operation, you need someone that is disciplined , focused , and organized , but what else? Your Controller should be a strong accountant with a tactical focus and solid track record of reliable performance, but their resume should not end there.

article thumbnail

The changing face of clean energy and tax strategy

CFO Dive

The Inflation Reduction Act has changed the tax landscape. CFO Dive spoke with Bellus Ventures and Thompson Corburn LLP to understand the steps that CFOs can take to stay ahead of the curve on clean energy investments.

CFO 263
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Bubble Risk in City Property Markets?

Barry Ritholtz

Buoyed by low interest rates for the last decade, many property markets have seen substantial price growth since 2010. Experts warned that real estate bubbles—in which the price of assets moved up far beyond their intrinsic value—were forming. The UBS Global Real Estate Bubble Index analyzes the real estate market of 25 major cities across the globe and assigns them a score between -0.5 to 2.0 to convey bubble risk.

Marketing 103
article thumbnail

CFO, CIO need to be in ‘lockstep’ on software purchases: Olive CEO

CFO Dive

To find the right software at the right price, CIOs and CFOs need to take a tandem approach on new technologies and solutions.

CFO 256
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

Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn

CFO News

Global private equity firm Blackstone is set to invest approximately $1 billion to acquire controlling stakes in two major South Indian hospital chains, CARE Hospitals and KIMS Health. The transactions make Blackstone the fourth largest hospital group in India and mark the firm's entry into India's healthcare sector.

More Trending

article thumbnail

The 10 Best Financial Advisor Conferences To Attend In 2024

Nerd's Eye View

After several years of turmoil caused by the pandemic, financial advisor conferences seem to have found a "new [post-pandemic] normal", with events once again growing (some already surpassing their pre-pandemic highs). But that's not to say that the conference landscape was not altered by the pandemic; instead, the pandemic appears to have served as a catalyst that accelerated trends that were already underway, such that financial advisor conferences today look substantively different than they

article thumbnail

McDonald’s CFO: traffic dips despite ‘trade down’ gains

CFO Dive

The dip comes as Chicago-based McDonald’s has battled to offset rising costs by raising prices without alienating customers.

CFO 170
article thumbnail

Presentation: Navigating Financial Disasters

Barry Ritholtz

As promised, here is my presentation “ Navigating Financial Disasters ” from today at the Orlando Money Show… The post Presentation: Navigating Financial Disasters appeared first on The Big Picture.

56
article thumbnail

Weighing the benefits: Why more employers are transferring DB risk

CFO Dive

Moving away from defined benefit plans as the primary retirement program doesn’t require terminating the plan outright.

Planning 130
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

Cyber vigilance for finance leaders

Future CFO

The rules of engagement in cybersecurity are constantly shifting as criminal gangs and nation-states are using new technologies, including artificial intelligence, to exploit new attack routes while still using old, reliable solutions. While prevention remains a high priority, finance leaders must acknowledge that cyberattacks will succeed despite the best defenses.

Finance 52
article thumbnail

Free trade deal between EU and Australia collapses

CFO News

The talks' collapse will be a major disappointment to the EU, which is seeking to push through ambitious free trade agreements with major world markets, including India and the Latin American nations in the Mercosur bloc.

article thumbnail

Businesses bet big on generative AI to gain an edge

Future CFO

Businesses are betting big on generative AI to gain an edge despite hurdles to adoption and M&A challenge, said EY recently. This is a result of businesses anticipating higher levels of growth. According to an EY quarterly survey of 1,200 global CEOs, a significant number of respondents anticipate higher levels of growth (66%) and profitability (65%) in 2024 compared with 2023.

article thumbnail

China's factory activity unexpectedly contracted in October

CFO News

The official purchasing managers' index (PMI) fell to 49.5 in October from 50.2, dipping back below the 50-point level demarcating contraction from expansion. The reading missed a forecast of 50.2.

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

Pipeline planning, simplified: a complete guide to S&OP software

Cube Software

What is sales and operations planning (S&OP)? Sales and operations planning (S&OP) isn't just a strategy; it's the heartbeat of proactive business management, essential for efficiently balancing supply with demand. The objective is clear: avoid excessive inventory and prevent missing out on opportunities due to insufficient stock.

article thumbnail

Reliance bets big on AI to power its consumer finance business

CFO News

A separate tech team is fine-tuning AI to match investors and their risk appetite and suggest investment products accordingly. "We have a consumer data mine with us. Jio will also take a lot of technology intelligence from BlackRock, officials said. We have already begun using bots in some of our other businesses but how deeper can we use AI is work in progress," an official close to the development said.

Finance 52
article thumbnail

8 Ways to Use AI to Grow Your Small Business

The Finance Weekly

Use AI to Grow Your Business or Stay Behind , Artificial Intelligence (AI) is no longer a future prospect; it's the prevailing force in the business world, reshaping the landscape every day. In essence, if you're not integrating AI tools into your business operations, you're likely to be left behind. Today, there's a wide array of AI tools tailor-made to enhance the efficiency of small businesses.

article thumbnail

HUL steps up its advertising budget, raises outlay by Rs 679 cr in Q2

CFO News

HUL is not alone, with other leading stock exchange-listed consumer goods companies such as Colgate-Palmolive and Marico also expanding their advertising spend by 26-32% year-on-year in the September quarter. Most companies have been increasing advertising expenses with the improvement in margins due to the reduction in input cost pressures, industry executives said.

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

Everything a finance leader needs for a top-tier tech stack

Cube Software

The importance of a robust financial tech stack Digital transformation is sweeping through the financial sector, redefining traditional roles and methodologies. In this evolving landscape, a sophisticated tech stack is crucial to drive efficiency, ensure accuracy, and support strategic initiatives.

Finance 52
article thumbnail

NCLT admits plea against Ansal Properties unit Serene Residency

CFO News

The bankruptcy court in New Delhi has taken a significant step by admitting the case of the Serene Residency Group Housing Project in Sector ETA II, following a default on dues amounting to approximately Rs 257 crore. This real estate entity operates as a subsidiary of the publicly traded Ansal Properties and Infrastructure Ltd.

52
article thumbnail

10 Monday AM Reads

Barry Ritholtz

My what am I doing in Orlando morning plane reads: • It’s Time to Stop Crying About Bonds and Buy Them Instead : Treasuries have had one of their worst three-year stretches on record. Why it can’t get much worse. ( Barron’s ) • Is E.S.G. Falling Out of Favor? Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products. ( New York Times ) see also Why the Right’s Bud Light Boycott Worked :

article thumbnail

Walmart to upgrade 1,400 stores with $9 billion investment

CFO News

Walmart is investing over $9 billion to modernize and upgrade its U.S. stores over a two-year period. The enhancements include improved store layouts, expanded product selections, and the addition of new technology.

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

Driving seamless data integration for successful treasury management

Future CFO

As more high-value treasury operations require cross-functional collaboration, data integration between systems becomes essential. The advantages of seamless data integration have become profound as it brings in real-time visibility into financial operations, enabling treasury managers to monitor cash flows , assess risk exposure, and evaluate liquidity positions without delays.

article thumbnail

Mamaearth's parent company, Honasa Consumer raises Rs 765 crore from anchor investors

CFO News

US financial services major Capital Group has been allocated 8.77% of the anchor investor portion, followed by crossover investor Fidelity, Norges Bank and Abu Dhabi Investment Authority (ADIA).

article thumbnail

India calls for initiating formal talks on WTO's dispute settlement body reforms

CFO News

India has called for the start of formal negotiations by WTO members to reform the dispute settlement body of the World Trade Organisation (WTO). These negotiations are essential as informal deliberations are preventing several nations from participating in the talks. The formal talks aim to arrive at a consensus by the 13th ministerial conference of the WTO in Abu Dhabi in February 2023.

52
article thumbnail

SC rejects pleas seeking review of its judgment considering tax authorities as secured creditors

CFO News

India's top court has rejected pleas which sought a review of its earlier judgment in which it said that statutory creditors like tax authorities would be considered secured creditors. This is a set back to lenders like State Bank of India and Indian Overseas Bank. The judgment ranks crown debts at par with workmen dues.

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.