Thu.Oct 19, 2023

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Ransomeware projected to see banner year amid ‘big game hunting’

CFO Dive

Cyber insurance provider Reslience said 2023 is on track to become “the most financially damaging year” for ransomware victims since 2021.

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CPG Industry Supply Chain Management: A Detailed Blueprint

Navigator SAP

Issues within supply chains are key CPG industry challenges , where vast, global, and often complex supply chains need to be managed at every touchpoint, from material suppliers to logistical services, manufacturers, growers, and distributors–ending with consumers.

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Trending Sources

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Price cuts eat into Tesla margins, fail to boost demand

CFO Dive

Tesla faces contracting margins and slumping market share, with multiple price cuts for its EVs failing to persuade consumers to shell out for new cars.

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CPG Industry Challenges: Navigating the Hurdles of the Consumer Goods Sector

Navigator SAP

The consumer-packaged goods (CPG) sector is broad and complex, with many enterprises focusing increasingly on their ability to adapt to volatile cost pressures and looking at how an advanced CPG solution provider can augment efficiencies, controls, and accurate forecasting to control supply chains.

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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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Powell signals Fed likely to forgo rate hike on Nov. 1

CFO Dive

After rapidly hiking rates to a 22-year high, policymakers aim to finely tune monetary policy and curb inflation to 2% without triggering a downturn.

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More Trending

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What Else Might be Driving Sentiment?

Barry Ritholtz

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. I run through 30 charts in 30 minutes that explain where we are in the economic cycle, what markets are doing, and what it means to their portfolios. I like to finish with a thought-provoking, often “investing-adjacent” idea they might not have previously considered.

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CPG Industry Trends: Unpacking the Future of Consumer-Packaged Goods

Navigator SAP

It’s no secret that the consumer products industry has rapidly morphed, especially due to the advancement of the e-commerce industry. Many consumers can get the products they need at the click of a button and their orders will be delivered right to their doorsteps within days–if not hours.

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Where will the next 10 crore jobs in India come from?

CFO News

​India has added 6.9 crore workers during the decade 2011-12 to 2021-22. Out of this, an additional 1.5 crore people found work in agriculture, 2.1 crore in industry and 3.3 crore in services. The maximum increase will be seen in services (4.7 crore) followed by industry (2.7 crore).

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Consumer Goods Manufacturing Process: An Insider's Guide to Production Mastery

Navigator SAP

The number of moving parts and variables within CPG manufacturing command accurate, real-time oversight, with issues such as poor supply chain management and a lack of inventory controls among the key CPG industry challenges. Introducing integrated, agile consumer product software can deliver an enhanced understanding of areas where productivity and efficiency may benefit from improvement at each production stage.

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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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Business Growth – Cash and Capital Structure

VCFO

When Growth Outpaces Cash – How Capital Structure Corrects It A new vcfo client recently concluded their highest sales quarter ever but wondered why they were struggling to pay vendors. Clearly, they were growing. It was just as clear, however, that their growth was unsustainable without significant changes to bolster their underlying support mechanisms.

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Consumer Goods Inventory Management: Mastering the Art of Stock Control

Navigator SAP

Inventory management and stock control are essential for business success, especially if you’re in the consumer-packaged goods (CPG) industry. So, investing in the right stock control and inventory management system is important to keep your business running.

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New 5-year TIPS gets a real yield of 2.440%, again lower than expected

Tips Watch

By David Enna, Tipswatch.com Today’s Treasury auction of $22 billion in a new 5-year Treasury Inflation-Protected Security generated a real yield to maturity of 2.440%, continuing a recent trend of mildly disappointing results for TIPS at auction.

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Kitces & Carl Ep 123: Does Every Prospective Client Fit A Niche, Or Do Advisor Specializations Leave More Underserved?

Nerd's Eye View

Much of the marketing and practice management advice in the financial advisory space comes back to 1 recommendation: Specialize in a niche. Niching offers several advantages, allowing advisors to be more specific in their marketing, more targeted in their prospecting calls, and more efficient in their processes (since clients within a similar niche are likely to have similar problems, especially in niches of profession).

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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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Biocon Biologics appoints Kedar Upadhye as CFO

CFO News

Cfo: Upadhye replaces MB Chinappa who will take up a finance role at the Biocon Group.

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Samuel, Son & Co., Limited selects ION’s Reval for global treasury and risk management

Reval

NEW YORK – 19 October 2023: ION Treasury, a global provider of treasury. The post Samuel, Son & Co., Limited selects ION’s Reval for global treasury and risk management appeared first on ION.

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KIOCL CFO Manoj Kumar Jhawar resigns

CFO News

CFO: Jhawar has resigned from the company citing personal reasons.

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The Evolving Role of CFOs in Private Equity Portfolio Companies 

E78 Partners

The Chief Financial Officer plays an indispensable role within Private Equity Portfolio Companies, steering the financial direction and strategy of these organizations. With private equity sitting on trillions in dry powder , the office of the CFO ensures that companies can measure performance accurately, manage the business efficiently, and make informed investment decisions.

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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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India pushes back against Russia demands to pay for oil in yuan

CFO News

Some Russian oil suppliers are demanding payment in yuan, according to a senior Indian official directly involved in the negotiations and another senior person at a state-owned oil refiner. The two people asked not to be identified as the discussions are private.

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Five-year refinancing needs drop to lowest level since 2017

Future CFO

Five-year refinancing needs drop to lowest level since a Moody’s study in 2017, said the credit rating agency when releasing a study recently. Rated nonfinancial high-yield (HY) companies in Asia, excluding Japan, have US$135 billion of bonds maturing over the next five years (2024-28), according to the firm. A pendulum shift in risk appetite stemming from China 's (A1 stable) property downturn is driving investors toward more stable investments, Moody’s added.

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Brookfield, Cerberus, Deutsche Bank among lenders keen to fund Hindujas’ Reliance Capital bid

CFO News

While major lenders have offered term sheets of up to ₹6,000 crore, smaller funds have shown interest in providing loans ranging from ₹800 crore to ₹1,000 crore, contributing to the larger financing package.

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Driving success as a finance leader

Future CFO

Coming from a standpoint of the 2022 macroeconomic backdrop, where finance leaders were required to go beyond numbers and drive on-ground executions, one can’t help but ask: what does it take to bring success to an organisation amid all the challenges? “2022 was a year where businesses toed the line between profitability and growth,” said Rizza Maniego-Eala , chief finance officer, treasurer and chief risk officer at Globe Telecom, Inc.

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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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FTA with UK gathers steam, committee of secretaries reviews pact

CFO News

The pact will have 26 chapters. Product-specific rules, value addition, change in the chapter heading, and certification are being discussed in the rules of origin chapter, where an in-principle agreement has been reached.

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CFOs need to keep up with low carbon transition

Future CFO

Chief financial officers are now turning out to hold a critical role in companies’ low-carbon transition. Because of this, finance leaders are in need to gain expertise to navigate around growing range of risks , said Climate Bonds Initiative ’s Fabrizio Palmucci. Fabrizio Palmucci According to a research by Climate Bonds Initiative and the CFO coalition of the UN Global Compact , CFOs can leverage their expertise in capital allocation and fundraising to drive low-carbon transition.

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US inflation still high, interest rate hike possible: Federal Reserve Chair Powell

CFO News

US inflation is still too high despite a recent slowdown, says Federal Reserve Chair Jerome Powell. Powell mentions that evidence of persistently above-trend growth or a reversal of the decline in job openings and wage growth may lead to a reconsideration of the current rate pause. Powell warns that the US economy could jeopardize progress on inflation and may require further tightening of monetary policy.

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S&P: Hong Kong, Singapore lenders to improve operating efficiency

Future CFO

Hong Kong and Singapore lenders are expected to improve their operating efficiency in the coming months amid higher net interest margins, according to an insight report by S&P Global Market Intelligence. The high net interest margins are forecast to provide a buffer against potential increases in operating costs. According to the report, for the 12 months through June 30, 2023, Hong Kong banks saw their aggregate cost-to-income ratio, a key measure of operating efficiency , improve to 45.60

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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.