Fri.Jun 07, 2024

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Heed Corporate Transparency Act despite legal cloud, experts say

CFO Dive

Passed in 2021, the law was designed to prevent bad actors from using legal entities to shield money laundering and other illicit activity.

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How to Integrate and Extend SAP Business ByDesign

Navigator SAP

One of the advantages of using the SAP Business ByDesign ERP solution is that most of what a business needs for a complete backend business system solution comes included with Business ByDesign right out of the box. Where additional functionality is needed, Business ByDesign integration points and extensions can help. SAP Business ByDesign is built on a modular framework.

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How big retailers are battling the last-mile delivery squeeze

CFO Dive

Walmart, Target and Kroger executives pointed to price and technology improvements that they are using to offset cost pressures.

Retail 266
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Goldman Sachs Now In Riyadh

Global Finance

Goldman Sachs became the first Wall Street bank to comply with Saudi Arabia’s Regional Headquarters (RHQ) program and secure a license to establish its Middle Eastern base in Riyadh. The kingdom’s new rules, which took effect on January 1, 2024, require companies to maintain a regional headquarters in Saudi Arabia with at least 15 employees, including high-ranking C-suite executives overseeing operations in other countries.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Quiet vacationing: What’s this summer work trend?

CFO Dive

The workers who are afraid of taking PTO have come up with a complicated solution to their anxieties.

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More Trending

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Weekend Reading For Financial Planners (June 8-9)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that recent surveys indicate that consumers continue to trust human financial advisors more than Artificial Intelligence (AI)-powered tools. Nonetheless, respondents (particularly those in younger generations) do not see this as an either-or choice, but rather anticipate benefitting from working with human advisors who leverage AI tools for certain tasks (e.g., detecting fraud

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Strategic Partnerships with Fractional CFO Services

CFO Plans

Companies of all sizes are on the hunt for ways to streamline operations, cut costs, and foster sustainable growth. One game-changing strategy that’s become increasingly popular is leveraging Fractional CFO services. These part-time financial experts provide strategic guidance without the hefty price tag of a full-time CFO, making high-level financial leadership accessible to all businesses.

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Pamela Naik’s Journey from Financial Management to Strategic Leadership

CFO Talks

Pamela Naik’s Journey from Financial Management to Strategic Leadership In a recent enlightening episode of the CFO Club podcast, Nicolaas van Wyk, the CEO of the Chartered Institute for Business Accountants, engaged with Pamela Naik, an accomplished finance professional. Pamela’s career trajectory and her blend of qualifications provide an inspiring blueprint for finance professionals aiming to elevate to the CFO role.

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GENERAL ELECTION OUTCOME ON BUSINESS IN INDIA: Pros and Cons

CFO News

In this insightful article, seasoned finance expert Robin Banerjee explores the potential economic implications and policy directions following India's recent general election, highlighting key pros and cons for the business community.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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ASEAN Girds For Growth

Global Finance

Southeast Asia’s rapidly expanding economy is attracting foreign investors and new commitments from global corporations. Can it challenge China in its own region? “ASEAN is a bright spot,” says Federico Burgoni, head of Group Strategy and Transformation at Singapore’s United Overseas Bank. Founded as a five-nation political and economic community in 1967, the Association of South-East Asian Nations today counts 10 countries and 647 million people under its umbrella, boasting a 2023 GDP of $2.9 t

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Google is getting a new CFO, Anat Ashkenazi; she comes from drug maker Eli Lilly

CFO News

Anat Ashkenazi appointed as new CFO at Google parent Alphabet Inc, succeeding Ruth Porat, who transitions to investment chief. Ashkenazi brings over two-decades experience at Eli Lilly.

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Fransua van der Westhuizen: Embracing Global Standards and Navigating Challenges

CFO Talks

Fransua van der Westhuizen: Embracing Global Standards and Navigating Challenges The evolving role of Chief Financial Officers (CFOs) continues to reshape the landscape of global business, particularly in how these leaders manage financial complexities, adapt to cultural differences, and drive strategic decisions. A recent podcast featuring seasoned CFO Fransua van der Westhuizen and Nicolaas van Wyk, CEO of CIBA, a key figure in the CFO community, provided a deep dive into these topics, offer

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Central Excise Bill may be introduced in budget session

CFO News

The Centre is set to introduce the Central Excise Bill, 2024 to replace the outdated Central Excise Act, 1944 and align excise law with GST and customs. The bill aims to reduce compliance burden, enhance transparency, and address excise duty exemptions for SEZs. It also empowers authorities to demand duty and introduces the concept of 'related persons' from customs and GST laws.

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Empowering Business Travel: The CFOs Guide

Business travel is more than just a line item. It’s a strategic opportunity to align with your company’s goals and empower your employees. With 60% of employees dissatisfied with the ease of booking and modifying travel plans, there’s a significant opportunity to improve travel management. This one-pager explores how to transform travel into a powerful tool for organizational success.

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What happens to India's startups with a coalition government at the Centre? Here is what they want

CFO News

As a new coalition government gears up, startups call for clearer regulations, simpler relocation processes to India, and a more straightforward legal framework. Tax department's approach, including issues like angel tax and GST notices, concerns the industry. Simplified registration, advocated by Perfios CEO, could boost startups. Fintech sector seeks tiered MDR for UPI.

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New govt to continue to maintain focus on infra sector: Icra

CFO News

The new Indian government will focus on infrastructure, with higher outlays towards railways, roads, and water, according to Icra. Narendra Modi will assume the role for the third time, but with a smaller-than-expected election victory, the BJP will share power in a coalition government. The capital outlay is expected to sustain growth momentum, as it contributes to GDP multiplier effects and job creation in unskilled and semi-skilled segments.

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Bankers, economists expect RBI to cut key interest rate in second half of FY25

CFO News

RBI kept benchmark interest rate unchanged at 6.5%, instilling confidence in the market. Expectations of repo rate cut in FY25. Monetary Policy Committee meet post elections focused on inflation and economic growth. The central bank also retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while uncertainties related to food price outlook warrant a close monitoring.

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Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore

CFO News

Blackstone holds 55.45% in the Bengaluru-based company as of the end of March 2024 under the name of BCP TOPCO IX PTE, according to a BSE filing. Post the block deal, Blackstone's stake will drop to 40.4%, and will remain the largest shareholder in the company. The firm declined to comment on the stake sale.

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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White goods, FMCG imports failing to get custom-fit tag

CFO News

White goods, chemicals, pharmaceuticals, and FMCG companies face import delays or higher duties as customs authorities scrutinize third-party invoicing at various ports. This practice, used for tax optimization, allows invoicing through a country different from the goods' origin and is permitted under FTAs. However, customs officials suspect abuse of FTA provisions, withholding consignments and denying lower duty benefits at ports like Nhava Sheva.

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IPOs of Flipkart, PhonePe could take couple of years: Walmart executive

CFO News

Walmart's Flipkart marketplace and PhonePe digital payments platform could have IPOs in the next couple of years, as stated by Walmart's executive, Dan Bartlett.

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Not just employers with benefits! India Inc looks to be more to woo talent

CFO News

Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries.

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