Tue.May 07, 2024

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Fraud detector Traceable zeroes in on GenAI threats

CFO Dive

The startup is rolling out new AI-related threat detection capabilities on the heels of securing $30 million in funding from investors, including Citi Ventures.

Startups 237
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My schedule … and what’s coming up

Tips Watch

By David Enna, Tipswatch.com If you’ve been reading this Tipswatch site for long, you know what that headline means. I am traveling again. By the time you read this Tuesday morning, I will be somewhere in northern Spain.

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Trending Sources

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Generative AI enables small accounting firms to challenge big ones: AICPA

CFO Dive

Accountants should respond to the rapid pace of generative AI adoption by embracing it and delving into experimentation, the AICPA said.

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#FA Success Ep 384: Growing An Advisor Career From (Bank) Assistant To Partner While Also Growing A Family, With Hannah Provost

Nerd's Eye View

Welcome everyone! Welcome to the 384th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Hannah Provost. Hannah is a partner and financial advisor at Lomanto Provost Financial Advisors, a hybrid advisory firm based in Plattsburgh, New York, that oversees approximately $150 million in assets under management for about 380 client households.

Banking 61
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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Tenants retain upper hand as US office vacancy hits fresh high: CBRE

CFO Dive

Many office landlords are continuing to offer tenants generous concessions as hybrid work and other factors weigh on demand.

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More Trending

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UPS CFO set to depart, citing health

CFO Dive

The postal delivery service’s CFO will be stepping down to focus on his personal health as UPS struggles to boost sagging shipping volumes.

CFO 218
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FMCG, auto companies break the jinx as rural growth rises above urban

CFO News

Rural FMCG demand outpaced urban markets in Jan-Mar 2024. Car companies reported higher rural sales. NielsenIQ noted 7.6% rural growth. Factors include robust rabi crop and government measures. Maruti Suzuki saw record rural sales.

Sales 52
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ISCA, Council for Board Diversity team up for new board governance efforts

Future CFO

The Institute of Singapore Chartered Accountants (ISCA) inked a Memorandum of Understanding with the Council for Board Diversity (CBD) in a bid to boost support for directors and organisations who recognise the importance of good corporate governance and stewardship. The partnership also seeks to improve the role board diversity plays in enhancing organisational resilience, according to a press release.

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Aditya Birla Finance, others may have invoked Paytm’s loan guarantees

CFO News

Aditya Birla Finance invoked loan guarantees from Paytm due to defaults. Partnership stress with other lenders. Paytm's lending business faces challenges post central bank's ban. Changes in top management. Reduced consumer loan portfolio to less than 1%.

Finance 52
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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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How to Analyze a SaaS Company for Sale

The SaaS CFO

Who doesn’t like to browse SaaS companies for sale? Some listings provide no data while others give us just enough information to analyze the performance of the company. Given enough information in the listing, we can extract double the amount of data, metrics, and insight from the publicly available data in the listing. In the […] The post How to Analyze a SaaS Company for Sale appeared first on The SaaS CFO.

Sales 52
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Govt evaluating RBI proposal for higher infrastructure provisioning; bankers, NBFCs voice concern

CFO News

Lenders may oppose the draft rules, which proposes provisioning of up to 5% from current 0.4%, due to concerns over rising interest rates and potential disruption to capital expenditure. Banks plan to lobby against the steep increase, arguing it could affect project viability and economic momentum. State-owned NBFCs and infrastructure firms are also raising concerns, emphasizing the need to balance risk and support for infrastructure financing.

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Transcript: Joanne Bradford

Barry Ritholtz

The transcript from this week’s, MiB: Joanne Bradford, Domain Money , 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. ~~~ Barry Ritholtz : This week on the podcast, I have an extra special guest.

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Fear gauge surges to 14-month high as poll heat grips D-Street

CFO News

With forecasts about the performance of the BJP-led NDA, the Dalal Street favourite, fluctuating wildly recently, analysts said the undertone has turned nervous, reflecting in the surge in VIX.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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Government exploring options to roll out labour codes

CFO News

The ministry of labour and employment is considering several options including a gradual repeal of the old labour laws to ensure there is no legal void in states that are yet to draft rules. Besides, the ministry is holding talks with states that are behind in publishing rules, urging them to expedite their compliance.

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Indian households' financial savings drop to a five-year low of Rs 14.1 lakh crore in FY23

CFO News

Indian Households' Financial Savings: Households' liabilities increase 73% to Rs 15.5 lakh crore during the period.

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White-collar hiring falls 3% in April, shows Naukri JobSpeak Index

CFO News

Despite a 3% year-on-year and 1% month-on-month decline in white-collar hiring, various sectors experienced job growth. Notably, demand surged for specific roles like drilling engineers, brand managers, and IT professionals in different cities.

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Post Ukraine, India has been best in managing inflation: Marico MD Saugata Gupta

CFO News

Marico saw its domestic volume rise 3% during the March quarter with flat revenue while gross margins expanded 417 basis points. The company said the market will be slightly inflationary, which could warrant a slight price increase. Last month, it hiked 6% in Parachute and said it will not dampen demand for the hair oil brand.

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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.