Chipmaker Broadcom joins generative AI gold rush
CFO Dive
JUNE 2, 2023
The chipmaker projects revenues related to generative AI will double in the next year even as it faces questions of possible business "cannibalization" by the tech.
CFO Dive
JUNE 2, 2023
The chipmaker projects revenues related to generative AI will double in the next year even as it faces questions of possible business "cannibalization" by the tech.
Navigator SAP
JUNE 2, 2023
Professional services companies are dynamic businesses because they are built around people and rely on a roster of diverse clients that change over time and have evolving needs. Managing a professional services business can be tricky, especially as it grows beyond its founder and a handful of consultants. That’s why many professional services firms use an enterprise resource planning solution on the backend for management and visibility.
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CFO Dive
JUNE 2, 2023
Younger workers are less knowledgeable about how pay is determined and more likely to consider leaving a company if they are not being shown that they are valued, according to the Payscale report.
Navigator SAP
JUNE 2, 2023
What is the importance of having a well-balanced business and personal life? How does a personal approach in business help you succeed? What is more personal than asking AI?
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.
CFO Dive
JUNE 2, 2023
Robust payroll growth in May shows that the central bank, as part of its effort to curb inflation, has made limited progress in cooling the labor market.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Barry Ritholtz
JUNE 2, 2023
My end-of-week morning train WFH reads: • Wall Street Banks Are Using AI to Rewire the World of Finance : Lenders are experimenting with artificial intelligence. Not even Warren Buffett is sure what happens next. ( Bloomberg ) • The $1 Trillion Company That Started at Denny’s : AI made Nvidia the world’s most valuable chip maker. So did three guys sipping diner coffee and planning to conquer markets that barely existed. ( Wall Street Journal ) • Is Apple’s weird headset the future?
The Reformed Broker
JUNE 2, 2023
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Cathie Wood, and Downtown Josh Brown discuss investing in innovation, AI fact vs fiction, how big Tesla can get, why Ark bought Nvidia in 2014, Zoom vs Google Meet vs Microsoft Teams, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
CFO News
JUNE 2, 2023
"We have detected many benami cases where deposits were made above ₹50 lakh and no return was filed and on further investigation, documents were traced to people who cannot have such income," a senior official told ET. "So far, we have sent about 150 notices where deposits are above ₹1 crore or higher.
Nerd's Eye View
JUNE 2, 2023
Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a recent study found that advisory forms working with a younger client base tend to have relatively stronger growth in assets under management and revenue over time. In addition, the researchers found that referrals from centers of influence were one of the strongest drivers of new client growth, with client referrals playing an important role as well.
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CFO News
JUNE 2, 2023
The report highlighted the development path for those aspiring to be CFOs stating that they require an increasingly broad range of experience which embraces both formal and informal learning activities, professional bodies and practices need to engage with this.
Centage
JUNE 2, 2023
Technology has been a boon for manufacturing in a million different ways – from online ordering, to faster invoicing, to optimizing sales teams. And with data collecting sensors and Internet of Things (IoT) devices, businesses can predict maintenance and replacements for critical equipment which helps to avoid downtime. While all of this data helps manufacturing companies to be more efficient, when it comes it comes to creating a manufacturing budget , data is also just as critical.
VCFO
JUNE 2, 2023
Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic. While some retailers have navigated these shifts to a point of better business health, others have struggled to maintain pace and keep their heads above water.
E78 Partners
JUNE 2, 2023
In the fast-paced business environment, spend management is a key priority for CFOs of private equity-backed companies. This strategic management of expenditures can bolster profitability and operational efficiency. This brief overview outlines the relevance of spend management and key optimization strategies for CFOs. The Value of Effective Spend Management Spend management refers to the process of strategically overseeing and controlling an organization’s expenditures.
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.
CFO News
JUNE 2, 2023
Starlink and Amazon, along with Bharti Group-backed OneWeb and Canada's Telesat, have told the Telecom Regulatory Authority of India (Trai) that auctioning satellite airwaves would make the business of satellite communications unviable.
Spreadym
JUNE 2, 2023
Rolling forecast is a financial planning and forecasting approach that involves continuously updating and extending the forecast based on the latest available data and information. Unlike traditional static annual budgets or fixed-length forecasts, rolling forecasts are typically updated on a regular basis, such as monthly or quarterly, and project future performance over a specified time horizon.
CFO News
JUNE 2, 2023
The Chennai-based bank failed to make minimum mandatory transfer of a sum equivalent to 25 per cent of its disclosed profit for the year 2020-21 to its reserve fund, it said. There was significant divergence between the NPAs, as reported by it and as assessed by the inspection, and it offered interest on deposits of non-individual constituents at rates applicable to senior/super senior citizens, in certain instances.
Cube Software
JUNE 2, 2023
How to prepare financial statements: 1) How to prepare an income statement 2) How to prepare a balance sheet 3) How to prepare a cash flow statement
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
CFO News
JUNE 2, 2023
This is the latest of cases being filed in connection with alleged financial irregularities at Infrastructure Leasing and Financial Services Ltd (IL&FS) and its group companies. The Serious Fraud Investigation Office under the Ministry of Corporate Affairs and the Enforcement Directorate (ED) that investigates money laundering have been probing the IL&FS group for over four years now based on complaints filed by public sector banks.
Barry Ritholtz
JUNE 2, 2023
When confronted by a problem or challenge, it is useful to try and change your perspective. Merely shifting your frame of view by a few degrees can reveal what you may have missed in your initial viewing. This is very easy to do when you are looking through the viewfinder of a camera, but much more challenging when you are intellectually pondering a set of choices.
CFO News
JUNE 2, 2023
According to Aon, a professional services firm, until last year almost no company was looking at coaching beyond the leadership level. But in 2023, it is a different scene altogether with one in three coaching assignments also including junior and middle-management levels other than leadership, Aon director Anustup Chattopadhyay told ET. Companies are mostly opting for group coaching sessions instead of one-on-one sessions to drive more coverage.
CFO News
JUNE 2, 2023
Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the RBI target of 2 per cent plus or minus 4 per cent, even though they expect some risk to food inflation stemming from crop damages due to unseasonal rains.
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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.
CFO News
JUNE 2, 2023
Through industry bodies, banks are said to have recently discussed the timing of CRR computation with the RBI, with the demands of 24/7 banking being one of the key points taken up, sources said.
CFO News
JUNE 2, 2023
CBDT chairman Nitin Gupta said technology had also helped in providing ease to taxpayers through expeditious processing of income tax returns (ITRs) and use of non-intrusive means to check evasion.
CFO News
JUNE 2, 2023
The Indian income tax department has reduced the average time taken to issue refunds and expedited the processing of returns thanks to technological advancements, according to Chairman Nitin Gupta. Around 80% of refunds were issued during the first 30 days of filing during the 2022-23 fiscal year, up from 60% the preceding year, Gupta said.
CFO News
JUNE 2, 2023
The central bank could keep the cost of funds unchanged next Thursday, having used far less ammunition than its global peers to achieve durable price stability and economic expansion.
Advertiser: Paycor
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