Wed.Apr 30, 2025

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Budget Like a Boss Forecast Like a Fortune Teller

CFO Talks

Lets be honestmost budgets are born in spreadsheets, tweaked to death in boardrooms, then promptly forgotten until Q2 panic sets in. But for a CFO worth their salt, budgeting and forecasting arent just admintheyre power tools. The difference between riding the wave and being swallowed by it. Heres how you turn those numbers into weapons of strategy, influence, and controland how to do it in your business.

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IndusInd accounting lapse row: CEO's exit may point to more issues, hit recovery, margins

CFO News

IndusInd Bank faces uncertainty as CEO Sumant Kathpalia resigned following a 1,960-crore loss due to derivatives discrepancies, raising concerns about delayed recovery and business disruptions. Analysts suggest appointing a private-sector banker as the new CEO to navigate challenges in key portfolios like vehicle finance and microfinance. The bank's asset quality is under pressure, with rising non-performing assets.

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Trending Sources

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Webinar: FX Hedging in Highly Volatile Markets: Tools & Tactics for Taming Currency Risk | May 21

Strategic Treasurer

FX Hedging in Highly Volatile Markets: Tools & Tactics for Taming Currency Risk Watch Replay Download Deck Date Wednesday, May 21, 2025 Time 2:00 PM – 3:00 PM EDT Where This is an online event Speakers Evan Mahoney, FX Initiative David Renta, Convera Craig Jeffery, Strategic Treasurer Sponsored By Hosted By Description : In today’s highly volatile global markets, financial certainty is more valuable than ever for corporate treasury professionals tasked with protecting earnings and pres

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Cash Flow Management: 6 Best Practices for Small & Medium Businesses

CFO Selections

Never take your eyes off of the cash flow because its the life blood of the business. - Richard Branson Staying on top of your cash flow is vital to running a small business smoothly. The U.S. Chamber of Commerce cites that cash flow problems are responsible for 82% of business failures. Cash flow is critical to the survival and success of your business.

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You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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In the Eye of the Storm: How CFOs Like Joe Marizani Are Redefining Leadership in Volatile Markets​ 

CFO Talks

In today’s rapidly changing economic landscape, Chief Financial Officers (CFOs) are stepping beyond traditional financial stewardship to become pivotal leaders in navigating volatility. Joe Marizani, Group CFO at O. Davis & Co and Zimbabwes 2024 CFO of the Year, exemplifies this evolution. His leadership in the construction and infrastructure sector amidst Zimbabwe’s economic fluctuations offers valuable insights into the modern CFO’s role.

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CAG holds strategy meet to improve 'audit quality'

CFO News

Comptroller and Auditor General, Sanjay Murthy, convened a strategy meet. Senior officials discussed improving audit quality and ethics. The focus was on stakeholder engagement and audit practice synergies. Experts from IIT Delhi and Madras showcased Large Language Models. GIS mapping potential was also presented. CAG collaborates with IIMs and IITs for audit process enhancement and AI applications.

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1093: Anime Economics: Serving Fans, Driving Returns | Travis Page, CFO, Crunchyroll

CFO Thought Leader

A little more than a decade ago, Travis Page was hauling gear off a tour bus, criss-crossing the country with indie bands. One late night, sweat-soaked and exhausted, he noticed fans waiting in the rain simply to glimpse their favourite artist. Passion like that ought to power a business , he thought. That backstage epiphany still guides him as CFO of Crunchyroll, the worlds largest anime platform.

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Not cool: AC and refrigerator sales witness sharp decline

CFO News

Summer product companies face sales decline after a strong March. Air conditioner and refrigerator sales dropped in April, especially in the South and East. Beverage sales saw a marginal impact in specific markets. Lower heatwave days and moderate temperatures contributed to the slowdown. Companies postpone planned price hikes. They anticipate improved sales with expected heatwaves in May and June.

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How finance leaders approach cybersecurity readiness

Future CFO

While it is not primarily a Finance function 'job', cybersecurity and its costs have found its way to the plate of finance leaders as they work on their evolving roles. According to a study by financial automation software BILL and marketing solutions provider Logica Research , finance leaders are now deploying various measures to combat fraud, making use of software tools such as malware and virus protection as well as digital payments tracking.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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GSK says 'well positioned' to respond to US tariff threats

CFO News

British drugmaker GlaxoSmithKline said Wednesday it is "well positioned" to respond to US President Donald Trump's potential tariffs on pharmaceuticals and maintained its 2025 outlook. "The company is well positioned to respond to the potential financial impact of sector-specific tariffs, should they be implemented, with mitigation options identified," GSK said in its first-quarter earnings statement.

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The Missing Link in Cross-Border Healthcare M&A: Finance-Led Integration

CFA Institute

Finance teams play a vital role in cross-border healthcare M&A. This blog offers a framework for driving integration success through strategic finance.

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MiB Live: Harvey Schwartz, CEO of Carlyle Group

Barry Ritholtz

In this Bonus live edition of Masters in Business, I speak with Harvey Schwartz, CEO of the Carlyle Group. We talk about his New Jersey roots, how his mentors helped him grow on Wall Street and how geopolitics will play a critical role in investor fortunes. We spoke at the Future Proof Miami conference on March 18, 2025. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg.

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Why Expansion Is Your Smartest Bet This Summer

The CRO Club

Pipeline’s soft. Budgets are frozen. But expansion still converts in the summer heat. The post Why Expansion Is Your Smartest Bet This Summer appeared first on The CRO Club.

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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ADP treasurer to take CFO seat

CFO Dive

Peter Hadley will take the reins from Don McGuire, who has been finance chief since October of 2021.

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DreamFolks appoints Shekhar Sood as CFO

CFO News

DreamFolks has appointed Shekhar Sood as its new Chief Financial Officer, effective April 30, 2025. Sood brings nearly two decades of global experience across various sectors. He will lead the finance function, reporting to Chairperson and Managing Director Liberatha Kallat, and is expected to play a key role in the company's growth and value creation.

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Interim CFOs top list of most wanted talent

CFO Dive

Requests for interim CFOs made up 51% of all leadership asks within the C-suite, continuing an ongoing trend, according to a Heidrick & Struggles report.

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I Bond gets a new fixed rate of 1.10%, composite rate of 3.98%

Tips Watch

A predictable result in unpredictable times. By David Enna, Tipswatch.com The U.S. Treasury held to past practices today, setting the new fixed rate for the U.S. Series I Savings Bond at 1.

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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Citizens CFO heads to State Street

CFO Dive

John Woods’ exit from Citizens comes after the CFO received a $7 million retention bonus from the bank last year.

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Investors must brace for private equity uncertainties in Southeast Asia

Future CFO

Investors must be on the lookout for more uncertainties in the Southeast Asian private equity market, despite a significant rebound in 2024, according to Bain & Company. Deal value in the region increased 60% year-on-year in 2024, in line with most of the Asian Pacific markets, led by Singapore and Indonesia, with large investments in digital infrastructure assets helping support growth.

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What Marriott CFO, industry experts think of CitizenM deal

CFO Dive

Marriott will need to work hard to ensure CitizenM doesn’t cannibalize its other lifestyle brand, Moxy. CFO Leeny Oberg says that won’t be a problem.

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Serrala Recognized By Forrester for AI Capabilities

Trade Credit & Liquidity Management

From a Press Release dated April 3, 2025, Hamburg, Germany Serrala, a global finance process automation provider, has been recognized by Forrester in the following report: " Top AI Use Cases for Accounts Receivable Automation in 2025." The firm was also recognized in a similar report on AP automation. This recognition highlights Serrala as one of the leading technology providers advancing intelligent automation across the entire finance function.

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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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US M&A volume to rise just 1% this year amid tariffs: EY

CFO Dive

The slowdown follows a 19% year-over-over spike in 2024, according to Big Four accounting firm Ernst & Young.

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A Goal Without a Strategy is Like a One-Handed Clap

Trade Credit & Liquidity Management

“If you don’t know where you are going, you can take any road to get there.” The quote rings true for wanderers, but for a manager—especially a Credit Manager—there’s a harsher reality: “You will fail if you know where you want to go but have no plan on how to get there.” Here’s an example from a real-world scenario to drive this point home.

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India's commercial real estate resilient despite global trade tensions: Report

CFO News

Occupier and investor demand for commercial real estate remains solid, with office space absorption continuing across key markets such as India, Indonesia, and the Philippines, according to a Cushman & Wakefield report on the Asia-Pacific region, released on Wednesday.

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Five Key Factors that Determine the Health of Cyclical Customers

Trade Credit & Liquidity Management

Credit professionals know that some customers are more vulnerable to business cycles than others. Seasonal businesses, such as those tied to summer or winter sports, boardwalk stands, lawn care, or holiday retail sales, are especially affected. Other companies, like home builders, durable goods manufacturers, and those in the travel industry, are sensitive to broader economic cycles due to their reliance on discretionary consumer spending, and in some cases, to Mother Nature.

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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