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The task of managing a companys supply chain used to be relatively straightforward: Find predictable partners that met quality and specification standards, ensure reliability, and fine-tune the phasing. Bringing products or components from China, or manufacturing in Asia or South America, was relatively routine business.
Federal Reserve officials, scheduled to assess monetary policy during a March 18-19 meeting, will likely zero in on a jump in long-term inflation expectations.
This week, I speak with Stephanie Kelton , Professor of Economics and Public Policy at Stony Brook University and Senior Fellow at the Schwartz Center for Economic Policy Analysis. We discuss US fiscal policy, recession risks, and her New York Times bestseller “ The Deficit Myth: Modern Monetary Theory and the Birth of the Peoples Economy.” She has made virtually all the ‘top 50 lists’ including POLITICO’s 50 Most Influential Thinkers in 2016 and Bloomberg Businessw
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Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
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The share of businesses scrapping most of their AI initiatives increased to 42% this year, up from 17% last year, according to S&P Global Market Intelligence.
The share of businesses scrapping most of their AI initiatives increased to 42% this year, up from 17% last year, according to S&P Global Market Intelligence.
Merchant cash advance loans offer quick access to funds, but many business owners discover that this convenience comes at a steep price. With high interest rates and inflexible repayment terms, escaping this financial burden often feels impossible. However, with the right strategies, merchant cash advance debt relief is within reach. Let’s explore practical solutions to help you regain control over your business finances.
It is happening across businesses and states, with the taxman snooping around for transaction details with organisations in financial services, hospitality, healthcare, real estate, manufacturing, and those linked to telecom and direct-to-home services. The aim is to collect evidence of tax evasion, misreporting, and racketeering by verifying various dealing records with the claims made by individuals and entities, under the scrutiny of the I-T Department.
Managing and growing a daycare or preschool business often requires significant financial resources. Whether updating your facilities, hiring skilled staff, or purchasing new equipment, youll need access to funds. But how do you decide between grants vs. loans? In this article, well break down the key differences, advantages, and challenges so you can make the best decision for your daycare.
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
Merchant Cash Advance (MCA) loans can be a lifeline for businesses, but they come with their share of controversystarting with their legality. Business owners often wonder: Are MCA loans legal? The answer isn’t a simple yes or no. While MCA loans are legal, there are complexities to consider. Understanding Merchant Cash Advances (MCA Loans) MCA loans differ from traditional loans in that they aren’t actually loans at all.
Chief financial officers are expected to ensure their organisations are 'shored up' from fluctuations in interest rates and yields in 2025, according to Forvis Mazars. George Lagarias , chief economist at Forvis Mazars Group, says in terms of macroeconomic indicators, leaders should be focusing on credit spreads and sovereign yields, amid a positive yet challenging growth outlook for 2025.
Merchant Cash Advances (MCAs) are popular funding options for small businesses needing fast cash. Unlike traditional loans, an MCA lets businesses receive an upfront lump sum in exchange for a percentage of future sales. While this can be a lifeline, failing to meet the repayment termscommonly known as defaultingcan have serious repercussions. Business owners struggling with their finances need to understand what happens if they default on a merchant cash advance and what options they have to re
In 2024, China and India surpassed global trade norms, driven by developing economies and robust services trade. Despite record expansion, the UN Trade and Development warns of rising protectionism and emerging trade imbalances. As geopolitical tensions and shifting policies threaten stability, balanced policies and global cooperation are crucial for maintaining long-term growth and preventing economic fragmentation.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
It’s hard to overstate the importance of IT and data integration in a healthcare merger. A smooth blending of systems and data ensures seamless operations, directly impacting patient care, data security, and operational efficiency. Therefore, to build off of our previous insights on IT due diligence for M&A deals, let’s take a closer look at what this crucial area involves.
Samsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its American Tourister brand. CEO Kyle Gendreau notes challenges in India due to reduced retail traffic and consumer spending. New entrants in the market offering discounts have further strained industry profits, with VIP and Safari experiencing significant profit declines.
My end-of-week morning train WFH reads: Perspectives on Market Downturns. The market does not care about your opinions. Stop it. Just stop it. Empirical studies on environments like this remind us that we don’t know. Goldman Sachs doesn’t know. Morgan Stanley doesn’t know. UBS doesn’t know. I don’t know. You don’t know. ( Fortunes & Frictions ) Trumps Policies Have Shaken a Once-Solid Economic Outlook : Economic forecasts have deteriorated in recent week
Yes Bank has launched a GST payment facility, enhancing its digital banking services. The facility allows businesses to meet tax obligations quickly and securely via the bank's internet banking platforms or branch network. Taxpayers can generate GST challans on the GST portal and complete payments through Yes Banks NetBanking or over-the-counter options, receiving real-time confirmations.
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.
Amid rising challenges from the Trump administration’s on-again-off-again tariffs, finance chiefs are facing intensifying pressure to quickly assess and offset risk.
IndusInd Bank's joint auditors requested a forensic audit of its derivatives portfolio due to discrepancies potentially impacting its net worth by 2.35% as of December 2024. The bank's board is now selecting an audit firm, with PwC already reviewing the portfolio. The issue has persisted for 5-7 years.
Returnship programs are aiding companies in accessing diverse talent and addressing skill shortages. Infosys, Publicis Sapient, NatWest, and HSBC have seen increased retention and diversity through these initiatives. However, only 28% of companies have structured programs, often lacking a promise of full-time roles and imposing eligibility criteria.
More Indians are planning trips around festivals, both domestically and internationally, seeking unique cultural experiences. There is a rise in advanced bookings for major festivals, with festival tourism driving year-round travel demand and contributing to the overall economic impact.
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.
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The big economic story, post-pandemic and before Trump 2.0, was India as 'China Plus One' for global manufacturing. Even some positive outcomes were seen, most notably in the electronics sector like Foxconn factories. But fortuitous circumstances seemed to erode post-2024 general elections. Now, less than two months into the new Trump era, 'China Plus One' looks unlikely to have a future.
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