Tue.Jan 16, 2024

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Finance firms shift to defensive AI playbooks

CFO Dive

Just over a year after ChatGPT’s launch rocked corporate digital transformation plans, a Nvidia survey signals changes in how finance chiefs think about AI.

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SAP's Business Technology Platform (BTP) for mid-market customers and partners

Navigator SAP

Rainer Zinow, Senior Vice President of Product Management for small and mid-sized enterprises SAP SE, describes the SAP Business Technology Platform as an integral part of SAP's mid-market solution portfolio. While using BTP to build SAP applications, partners adopt BTP to publish on intellectual property. This video includes ideas on how large language models and vector databases may improve software development efficiency.

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Trending Sources

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AI ranked by tech CFOs as top 2024 investment priority

CFO Dive

The technology also triggered concerns including the potential for data privacy risks and negative workforce impacts such as job displacement.

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SAP Business ByDesign 2023 and 2024 Outlook

Navigator SAP

Rainer Zinow, Senior Vice President of Product Management small and mid-sized enterprises SAP SE, summarizes SAP Business ByDesign accomplishments in 2023 and provides an outlook of the solutions plans for 2024.

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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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CEOs see ballooning federal debt as biggest business threat: Conference Board

CFO Dive

Congressional leaders wrangle over federal spending and struggle to avert a government shutdown as business leaders fret over the worsening fiscal outlook.

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More Trending

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6 AI tips for first-time adopters

CFO Dive

Companies adopting AI for the first time must be ready to do it responsibly and in a way that can deliver real business value, writes Hero Digital’s Arun Kumar.

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FutureCFO Excellence Awards 2024 finalists unveiled

Future CFO

In 2023, the top priority of CFOs was evaluating the finance function strategy, scope and design. Marko Horvat, vice president of research in the Gartner Finance practice, noted that CFOs were thinly stretched across many activities in 2023. Liam Hassell , founder and director for accounting and finance recruitment at Recruitment LABS, writes that strategic vision, leadership and communications skills, analytical and problem-solving abilities, change management expertise, collaboration and relat

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Orthofix’s new CFO takes seat after C-suite blowup

CFO Dive

The medical device maker has brought on new leaders after terminating three top executives in September for unspecified “offensive conduct.

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SEZ units are not exempt from compensation cess under GST

CFO News

The Andhra Pradesh High Court has ruled that units in Special Economic Zones (SEZs) are not exempt from paying compensation cess under the Goods and Services Tax (GST) on imported goods. The court emphasized that the SEZ Act of 2005 is a self-contained law providing exemptions, and for Section 7 to apply, the tax or cess must be referenced in the First Schedule of the SEZ Act.

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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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C-suite leaders expect AI to deliver cost savings in 2024

CFO Dive

Executives anticipate the technology to bring increased productivity in operations, customer service and IT.

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#FA Success Ep 368: Getting Real Social Media Marketing Results By Focusing On Your (Ideal) Client’s Desire To Learn, With Thomas Kopelman

Nerd's Eye View

Welcome back to the 368th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Thomas Kopelman. Thomas is the co-founder of AllStreet Wealth, a financial planning firm for millennial business owners and those with equity comp based in Indianapolis, IN, that has quickly grown to more than $500,000 of run-rate revenue generated from serving 70 ongoing client households.

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How to Calculate Margins by Revenue Stream

The SaaS CFO

Gross margin analysis is fundamental to assessing the profitability and overall financial health of your SaaS business. First, we must understand our overall gross profit. Overall gross profit is commonly calculated incorrectly. Next, we must understand the health of each revenue stream. Each revenue stream’s gross profit contributes to our overall gross profitability.

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Iliad reports death of CFO Jaeger

CFO News

"It is with great emotion and profound sadness that the Iliad Group announces the sudden death yesterday evening of Nicolas Jaeger," the unlisted company's statement said.

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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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CFOs' guide to business travel cost management

Future CFO

Chief financial officers are now facing a conundrum as they plot the fiscal course of 2024’s business travel as it will require a balancing act between the books and the wheels of commerce turning. To be prepared, CFOs must keep in mind of the following for better business travel cost management : Utilising new technology CFOs are increasingly leaning on sophisticated travel management systems that offer not just data but insights.

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Will go for granular deposits, replace higher cost borrowings: HDFC Bank CFO

CFO News

HDFC bank reported a strong October-December quarter for 2023-24, with a 33.5 per cent jump in net profit. HDFC Bank CFO in the results call revealed the bank's outlook as well, where he asserted that the bank is looking at granular deposits now and would want to replace more borrowings which brings a high cost with it. He also commented on contingent provision for the bank's AIF book after RBI's recent circular on AIFs.

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CFOs: Will your organisation augment operations?

Future CFO

Organisations that augment operations can unlock a 50% increase in worker efficiency, said IDC recently. According to the advisory firm’s prediction for the manufacturing sector, 60% of Asia Pacific-based organisations will augment operations and its roles with automation technology by 2027. Asia stands as the dominant region for manufacturing and consumer markets, said IDC, adding that the manufacturing sector is forecasted to continue to grow despite being dragged down by several external fact

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Growth potential of Raymond’s Thane project is Rs 25,000 crore over several years: Group CFO

CFO News

The demerger process of Raymond's real estate and lifestyle businesses is ongoing, with SEBI approval already in place. The company aims for Thane to contribute 50-60% of the revenue mix in the next few years. The potential growth of Thane is estimated at Rs 25,000 crore, with Rs 5,000 crore already signed. The urban market, especially Tier I, II, and III cities, has shown strong growth in premium products.

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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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How to calculate retained earnings: insights for finance leaders

Cube Software

What are retained earnings? Retained earnings are the combined total profits of a company that have not been paid out to shareholders, owners, or investors. When it comes to the company balance sheet and financial statements , retained earnings are considered a form of equity, as it's referring to cash that has been generated by the business and then "reinvested".

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Unacademy appoints ex-CRED exec Pratik Dalal as its CFO for offline business

CFO News

Unacademy, a leading edtech startup, strengthens its leadership with the appointment of Pratik Dalal as CFO for offline centers. Dalal brings diverse experience from Cred and Flipkart, contributing to the company's financial success amid recent executive changes.

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Net income vs gross income: what's the difference? (and how to calculate)

Cube Software

Defining gross income Gross income is the total amount earned before deductions, such as taxes, employee withholdings , benefits, loan payments, and other obligations. It includes all sources of revenue, from sales, interest, and investments, and is often seen as the starting point for calculating available liquid cash.

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Wanted: Only female CXOs

CFO News

Large Indian companies and multinationals are actively seeking senior women professionals for top management roles, driven by a focus on ESG standards and the desire to improve diversity at the CXO level. Investors are also increasingly interested in companies that prioritize gender diversity. Several executive search firms have reported mandates to exclusively look for female candidates for CFO, COO, CHRO, CMO, CTO, CLO, and CEO positions.

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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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The Mentoring Round | Emma Brown, CFO, Medius

CFO Thought Leader

CFO Emma Brown’s pivotal career theme is simplification. In a high-pressure turnaround, she realized that complexity hindered understanding. Stripping back to basics, she rebuilt a cash flow, cutting through complexities to identify and solve underlying business problems. This approach, simplifying structures and focusing on essentials, transformed a $40 million loss into a $15 million profit.

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Online portals offering travel plans are tour operators: Appellate Tribunal

CFO News

The additional director general, Directorate General of GST Intelligence, had argued that MMT India wasn't a tour operator as it was providing short-term hotel accommodation service and imposed a tax liability of ₹798 crore on the company. However, the bench of Justice Dilip Gupta and member (technical) Hemambika R.

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Transcript: Cathy Marcus, PGIM Real Estate

Barry Ritholtz

The transcript from this week’s, MiB: Cathy Marcus, co-CEO, global COO of PGIM Real Estate , 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. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio. 00:00:09 [Barry Ritholtz] This week on the podcast I have an extra special guest.

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Supreme Court to hear Sebi, NSDL appeal against SAT's Karvy decision

CFO News

​Market regulator Securities Exchange Board of India (Sebi) and National Securities Depositories Ltd (NSDL) on Wednesday moved the Supreme Court against the Securities Appellate Tribunal’s decision that quashed the market regulator’s orders that restricted lenders, including Axis Bank, HDFC Bank and ICICI Bank, from revoking the shares pledged by Karvy Stock Broking (KSBL).

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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.