Fri.May 16, 2025

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Defining an IT Integration Strategy for Mergers and Acquisitions

E78 Partners

In mergers and acquisitions , technology can be a powerful enabler – or a hidden barrier that slows value realization. As companies navigate the complexities of combining operations, an overlooked or underdeveloped IT integration strategy can introduce risk, disrupt continuity, and compromise synergy realization. At E78 , we understand that post-acquisition success hinges not just on people and processes but on how effectively systems align, data flows, and infrastructure scales.

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Why spreadsheets aren’t going away anytime soon

CFO Dive

Spreadsheets are not just a tool of the past; they will be a vital component of the future of finance, Gartner’s Mike Helsel writes.

Finance 295
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Understanding the "GROW" in GROW with SAP

Navigator SAP

GROW with SAP is not a product. It is a journey. It is a framework for helping a business digitally transform and streamline operations with the industry-leading SAP S/4HANA Cloud Public Edition enterprise resource planning solution (ERP).

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Inflation expected to surge to 7.3% in a year, fueled by tariff worry

CFO Dive

Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

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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Lebanon On The Path To Reform

Global Finance

Since the 2019 financial collapse that brought the war-torn country to its knees, banking sector reform has been a prerequisite for obtaining help from multilateral lending institutions. The new law allows entities, including independent auditors, to directly access banking records from the past decade. “The banking secrecy bill is a tool,” comments Sibylle Rizk, director of public policies at Kulluna Irada, a Beirut-based think tank. “Now it needs to be used: whether by bankin

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Weekend Reading For Financial Planners (May 17–18)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that Republicans in the House of Representatives this week released their long-awaited tax plan to address the impending sunset of many measures in the 2017 Tax Cuts and Jobs Act. The proposed legislation makes several aspects of TCJA 'permanent', including maintaining TCJA's tax brackets and the elevated estate tax exemption, while also introducing new potential tax-savings op

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Businesses revamp procurement amid AI adoption swell

CFO Dive

Most companies are imposing stricter requirements when evaluating AI-powered software compared with other technologies, according to G2.

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Govt approves 187 startups for I-T exemption benefits

CFO News

The government has approved 187 startups for income tax exemption under Section 80-IAC, bringing the total to over 3,700 since the scheme's inception. Startups incorporated before April 1, 2030, are now eligible to apply for the tax benefit. DPIIT's revised evaluation framework ensures faster decision-making, with complete applications reviewed within 120 days.

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Hack could cost Coinbase up to $400M: filing

CFO Dive

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

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Live Demo - Supercharge your Month End Close

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

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MiB: John Montgomery, Bridgeway Capital Management

Barry Ritholtz

This week, I speak with John Montgomery , CEO, Founder and Portfolio Manager of Bridgeway Capital Management. His responsibilities include the firms strategic direction, investment management and risk oversight, portfolio management, and mentoring. John holds a Bachelor of Science in Engineering, a BA in Philosophy from Swarthmore College, and graduate degrees from MIT and Harvard Business School.

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Arnault’s Work Extension

Global Finance

Bernard Arnault, the French billionaire, CEO and chair of LVMH, has just been confirmed at the helm of the worlds largest luxury brand for the next 10 years. Shareholders voted last month to amend its bylaws, raising the retirement age for its CEO to 85, handing Arnault the reins for the better part of the next decade. With a personal fortune of some $150 billion, Arnault has been sole chair of LVMH since 1989.

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India's GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent: Report

CFO News

The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday.

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SAP Cloud ERP Gives Software & SaaS Companies a One-Stop Transformation Solution

Bramasol

SaaS companies face a unique b lend of technical, operational, financial, and strategic challenges as t hey scale and evolve. To effectively manage these challenges, more large and mid-sized SaaS companies are now moving away from traditional on-premise ERP systems or outgrowing the limitations of low-end cloud ERPs, with the majority shifting to comprehensive cloud-based ERP solutions such as SAP S/4HANA Cloud ERP.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.

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Matrimony.com's Q4 net profit falls 30 pc, revenue declines

CFO News

Online matrimonial service provider Matrimony.com on Friday reported a sharp drop in its profit after tax (PAT) and revenue for the fourth quarter (Q4) of FY25.

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Fraud attack rate in APAC climbs

Future CFO

The fraud attack rate in Asia-Pacific grew significantly by 37% through 2024, now standing at 1.5% of all transactions in the region, according to LexisNexis Risk Solutions ' annual Cybercrime Report. The Calm Before the Storm? study, which reflects an analysis of over 104 billion global transactions in the LexisNexis Digital Identity Network platform during 2024, reveals a significant swing in the composition of global fraud attacks.

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Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26

CFO News

Economists expect the Reserve Bank of India's (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will be transferred to the government as a dividend in 2025-26.

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All In It Together

Global Finance

Collaboration – with partners both inside and outside the traditional insurance industry – is becoming a necessity for a global business that has absorbed $154 billion in insured losses generated by natural catastrophes last year alone. That figure is 27% above the 10-year average, according to a recent report by Gallagher Re, which estimates that natural perils – from wildfires in Los Angeles to flooding in Valencia to deadly landslides in Southeast Asia – created direct

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

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.

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Zomato, Swiggy subscription users to pay extra delivery charges in rainy weather

CFO News

Zomato Delivery Charges: After Swiggy, its online food delivery rival Zomato has made a new change to its Gold membership benefits for the rainy season.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: Consumers Prop Up the Economy. Theyre Showing Signs of Strain. The U.S. consumer has seemed unstoppable in recent years, spending throughout soaring inflation and the highest borrowing costs in decades. That resilience helped to keep at bay a recession that many thought inevitable after the pandemic. ( New York Times ) Walmart Becomes Biggest Retailer Yet to Pass Through Tariff Price Increases : Company plans to raise prices this month and early this sum

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Bajaj Finance transitions core lending system to new-age cloud-based system

CFO News

Pennant Technologies successfully completed a core lending transformation for Bajaj Finance, Indias largest non-bank lender. The transition to pennApps Lending Factory, a cloud-based platform, streamlined operations across retail, commercial, and business loans. This initiative manages over 50 million loans, enhancing agility, resilience, and customer experiences, marking a significant data migration in the lending industry.

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Sebi extends timeline for implementing framework on issuance of ODIs by FPIs to Nov 17

CFO News

Sebi has extended the deadline for implementing stricter rules on offshore derivative instruments (ODIs) issued by Foreign Portfolio Investors (FPIs) to November 17, 2025. The framework, initially set for May 17, requires additional disclosures from ODI subscribers and FPIs with segregated portfolios.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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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NCLT issues notice to Gensol over Ireda plea

CFO News

The NCLT has directed Gensol Engineering to respond to an insolvency plea filed by IREDA, scheduling a hearing for June 3. IREDA's petition cites a default of Rs 510 crore and requested an Interim Resolution Professional, which the bench denied.

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Sterling Powergensys appoints Pundlik Davane as CFO

CFO News

Sterling Powergensys has announced Pundlik Davane's appointment as Chief Financial Officer. The appointment is effective from February 13, 2025. The company cited an inadvertent delay in communicating the appointment. This delay was due to overlapping responsibilities and administrative procedures. The company assures adherence to regulatory requirements.

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Gensol CFO Jabirmahendi Aga resigns citing investigations, internal disarray

CFO News

Gensol Engineering Limited faces turmoil as CFO Jabirmahendi Mohammedraza Aga resigns, citing intense regulatory scrutiny and internal dysfunction. Ongoing investigations, senior management departures, and disorganized data management hinder the company's ability to respond effectively. Aga's resignation adds to the leadership vacuum, raising concerns about Gensol's stability and future prospects.

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Top online retailers like Ajio, Reliance halt sale of Turkish brands

CFO News

Myntra and Reliance's Ajio have ceased selling Turkish apparel brands due to boycott calls stemming from Turkey's support of Pakistan during a recent conflict. Myntra suspended all Turkish brands, including Trendyol, while Reliance removed brands like Koton and LC Waikiki from Ajio. This action reflects a broader reassessment of partnerships and a commitment to national interests amid growing tensions.

Sales 40
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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.