Thu.Jan 11, 2024

article thumbnail

Daimler Truck taps Siemens executive to succeed late CFO

CFO Dive

The German vehicle manufacturer appointed Eva Scherer about five months after the company’s previous finance chief died of complications from a wasp sting.

CFO 275
article thumbnail

Future-Proofing Your Business: CBD Manufacturing ERP, Scalability for Continued Growth

Navigator SAP

Imagine this: the year is 2027. CBD is a household staple, lining grocery shelves and doctor's offices alike. Your once-bustling CBD (Cannabis) manufacturing facility now feels cramped, your inventory spreadsheet a tangled mess, and your production cycles resemble a game of Tetris gone haywire. Sound familiar? If you're a CBD manufacturer, this isn't an outlandish scenario.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Inflation inches up, signaling prospect of extended Fed inflation fight

CFO Dive

The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

255
255
article thumbnail

The School Bell Rings: Time for Class!

Musings on Markets

Continuing an annual ritual of long standing, ahead of starting my spring teaching at NYU starting in a couple of weeks, I would like to invite you, if you are interested, to come along for the ride. I know! I know! Most of you are not enrolled at NYU, paying nosebleed prices, and that is prerequisite to be in the classroom, but thanks to technology and a loose reading of the rules that constrain me, you can get a close approximation of the classroom experience, wherever you are in the world, wi

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

Union Budget 2024: What India Inc expects on tax front

CFO News

On one side, the economists want the government to manage fiscal consolidation and spend wisely, India Inc have their own checklist. As the budget announcement approaches on February 1, 2024, expectations are high for potential changes in taxation policies.

Budgeting 105

More Trending

article thumbnail

CPI Increase is Based on Bad Shelter Data

Barry Ritholtz

I am popping out of book leave to just throw a few charts at you regarding the Inflation data for December. CPI came in a 0.3% versus 0.2% expected month over month. But the devil is in the details. BLS pointed to shelter as the source of the increase: “The index for shelter continued to rise in December, contributing over half of the monthly all items increase.” In the real world, shelter measures were flat or negative.

article thumbnail

December inflation gets an upside surprise; annual rate rises to 3.4%

Tips Watch

By David Enna, Tipswatch.com One hour after I was reading an Associated Press report on inflation steadily easing in future months, the Bureau of Labor Statistics sent out a December surprise: Seasonally-adjusted inflation rose rose 0.

article thumbnail

Adweek: MiB Best Business-to-Business Podcast!

Barry Ritholtz

Hey, this is a really nice surprise: Masters in Business was the winner in the Best Business-to-Business Podcast. I am Thrilled and humbled to win anything! Here’s what Adweek says: “In a world of shrinking attention spans where long-form journalism is an endangered species, Masters in Business sounds a refreshingly contrarian note. Creator and host Barry Ritholtz not only invites some of the most dynamic and creative business thinkers to the microphone–he’ll also often s

Finance 56
article thumbnail

2023 Core Value Awards

Focus CFO

Passionate | Continuous Learner | Sherpa | Excellent Communicator | Coachable Each year we meet at our annual All-Hands meeting to learn, share best practices, celebrate our accomplishments, and recognize exemplary associates. Here are the recipients of our 2023 Core Value Awards, recognizing those associates who have shown a commitment to exemplifying our core values and corporate philosophy.

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

The phases of strategy restructuring for CFOs

Future CFO

To keep up --and even get ahead--of the race in the market today, chief financial officers must have a good grasp of the situation to be able to strategise better for the months to come. CFOs must lean on a systematic phased approach to restructuring strategies for the future to be able to plan correctly , and consequently execute and adapt. Phase 1 – The case for change In the initial phase, finance leaders must make a compelling case for change and communicate the strategic rationale behind th

article thumbnail

National Solar Federation CEO calls for GST council-like body to boost India's renewable energy goals

CFO News

Speaking to ET Energyworld, Pulipaka underscored the necessity of such a council. "To bring about uniformity in energy policies across states and ease the business process, a national-level Electricity Council, on the lines of the GST Council, is essential," he stated.

52
article thumbnail

Four Asia Pacific economies to grow at least 5%

Future CFO

There are four Asia Pacific economies that Fitch Ratings expect to grow at least 5% in 2024. Economic growth in APAC will generally remain strong in 2024, especially in emerging markets (EMs), supporting sector outlooks across the region, the credit rating agency noted. “We expect real GDP to expand by, or above, 5% in four Asia Pacific economies—India, Indonesia, the Philippines and Vietnam,” the firm said.

article thumbnail

Vodafone Idea faces Rs 13.16 cr penalty in GST case

CFO News

Vodafone Idea has been slapped with a penalty of Rs 13.16 crore by the GST additional commissioner's office in Chandigarh. The penalty, imposed on January 10, is related to the alleged wrongful transition of CENVAT credit to the Goods and Services Tax (GST) regime.

52
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

Kitces & Carl Ep 129: How Autonomy, Experience, And Team Drive Advisor Wellbeing

Nerd's Eye View

As the beginning of the new year invites a fresh start, it's a fitting time to reflect on our own wellbeing and the elements that make us happy in life. While many believe they understand what brings them joy, it can be difficult to recognize the patterns that consistently enhance wellbeing and happiness. The most recent Kitces Research Study on What Actually Contributes To Advisor Wellbeing sheds light on this topic, revealing some of the factors that contribute most to positive wellbeing for a

Numbers 52
article thumbnail

Govt's mission is to make India world's top automobile manufacturing hub, says Nitin Gadkari

CFO News

Gadkari asked automakers to accelerate investment and expansion in alternative technologies like electric, hydrogen, flex fuel etc. to ensure they “do not miss the bus”. The manner in which automobile numbers are increasing, there’s a huge potential in the sector, he pointed out. “Till four years ago, everyone had apprehensions about EVs. That’s no longer the case,” said Gadkari.

article thumbnail

Navigating Economic Landscapes: How ITR Economics Empowers FocusCFO Associates

Focus CFO

At FocusCFO, we are committed to providing our associates with the best tools and resources to deliver exceptional financial insights and guidance to our clients. One such invaluable resource is our strategic partnership with ITR Economics. We believe in the power of data-driven decision-making, and that's why FocusCFO has partnered with ITR Economics to provide all of our associates, including accomplished leaders like Area President Greg Gens , with access to ITR Economics' insights.

article thumbnail

Take pre-emptive steps to mitigate risks: RBI to banks

CFO News

While the flexible inflation targeting provided the elbow room to address the supply side shocks, the regulator post Covid put together a mechanism to strengthen the institutions through prudential norms and heightened supervision and inspection, Governor Shaktikanta Das said.

Banking 52
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

The Mentoring Round | Luigi Testa, CFO, LinkSquares

CFO Thought Leader

Inside The Mentoring Round, CFO Luigi Testa of LinkSquares emphasizes the importance of expecting the unexpected in any role, especially in a CFO role. When unexpected challenges or crises arise, it’s crucial to remain calm and think clearly to find solutions. Embracing these situations and learning from them is essential for success. Testa mentions that in the current business environment, CFOs are often tasked with doing more with less and reducing the cost structure of the business.

CFO 52
article thumbnail

Turnaround in the Indian banking system cornerstone of India’s success, says RBI Governor

CFO News

The Indian banking and financial sector has seen a significant turnaround since the Covid pandemic, contributing to the country's economic recovery. Reserve Bank of India Governor Shaktikanta Das emphasized the importance of preserving the trust built on the system, stating that the bank has improved its regulatory and supervisory systems to adapt to emerging trends like digital penetration and credit analytics.

Banking 52
article thumbnail

NY AG, Trump clash in final $370M civil fraud tug-of-war

CFO Dive

Attorneys laid out their closing arguments in the NY AG’s $370 million civil fraud trial that has put accounting under a surprising spotlight.

article thumbnail

Adani Ports uses unique structure to place bonds with private credit funds

CFO News

The company, with a market capitalisation of ₹2.6 lakh crore, has placed uniquely structured bonds with a clutch of local private credit funds to mobilise ₹500 crore, said two persons familiar with the issuance that closed on January 9.

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

MSMEs confident about India’s economy in 2024, project spike in profits: Report

CFO News

Delhi is most optimistic where a whopping 87% of surveyed MSMEs anticipate a surge in consumer spending. Bangalore and Pune follow suit with impressive levels of confidence, it said. The report highlighted the top three factors for consideration while choosing a loan provider: quick disbursals, digitally enabled loan journey, and deal terms.

52
article thumbnail

Interim Budget: Fiscal deficit target may be set at 5.3% in FY25, say experts

CFO News

" major policy changes and announcements are unlikely. ICRA expects the fiscal deficit target for FY25 to be set at 5.3% of GDP, midway through the expected print of 6% for FY24 and the medium-term target of sub-4.5% by FY26," said Aditi Nayar, chief economist, Icra.

article thumbnail

LIC gets IT demand notices worth Rs 3,529 crore

CFO News

The corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai, LIC said in a regulatory filing. LIC would file an appeal before the Commissioner (Appeals), Mumbai, against the said orders within the prescribed timelines, it said.

52
article thumbnail

Net direct tax collection rises 19% till Jan 11, reaches 81% of FY24 target

CFO News

India's net direct tax collection has witnessed a significant rise of 19% to reach Rs 14.70 lakh crore as per the latest official government data released on Thursday. Moreover, the data further highlights that the tax collection has already reached 81% of the full-year target.

52
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.