Fri.Sep 27, 2024

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5 Essential Implementation Questions When Buying ERP Software

Navigator SAP

A new ERP solution can dramatically upgrade a business with added visibility, automation, and more efficient operational processes among many other benefits. However, when buying ERP software, some essential implementation questions should be asked before purchase.

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Costco CFO targets lower prices amid ‘effectively flat’ inflation

CFO Dive

Costco lowered prices on a number of its store brand items as high food prices have become a hot button issue in the presidential election.

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MiB: Kyla Scanlon on Vibecessions & Gen Z

Barry Ritholtz

This week, we speak with Kyla Scanlon , creator, host of YouTube’s,“Let’s Appreciate” podcast , writer of daily short-form videos about economy + markets. She has been published at Bloomberg, New York Magazine, FT, and the NYT. Her new book “ In This Economy?: How Money & Markets Really Work ” just came out this Summer. We discuss how she came up with the idea of a “ Vibecession ” and how it became a popular New York Times guest essay.

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IPOs rebound through Q3 on prospect of falling interest rates: EY

CFO Dive

Despite the emerging recovery, several headwinds to IPOs persist, including conflicts abroad and the hard-to-predict outcome of the Nov. 5 election, EY said.

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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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Weekend Reading For Financial Planners (September 28–September 29)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli has shown a sharp increase in the number of affluent investors willing to pay for advice, which on the one hand reflects the increasing financial complexity in peoples' lives (while they've also gotten busier than ever at work and at home) to the extent that they're more willing to work with someone to navigate those financial challenges; while al

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Navigating Digital Transformation for Life Sciences Companies

Bramasol

Life sciences includes a broad range of scientific fields that study living organisms and their interactions with the environment. Some of the key areas within life sciences include: Biology: The study of life and living organisms, including their structure, function, growth, evolution, and behavior. Biotechnology: The use of biological systems, organisms, or derivatives to develop or create products, often focusing on medical or agricultural applications.

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GSTN says tax documents issued by it valid despite no visible signatures

CFO News

This advisory comes in response to growing doubts regarding GSTN documents that lack visible digital signatures in their downloadable PDF formats, which have been legally challenged by some taxpayers.

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SOC 2 Compliance: Strengthening Data Security for your business

E78 Partners

Data privacy and security are at the forefront of concerns for most organizations. For mid-market and enterprise companies, as well as those in the Private Equity space, maintaining these protections is crucial due to the vast amounts of sensitive data they manage. Information security can be especially complex to implement and monitor across portfolio companies and sponsors.

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India's textile roadmap: $350 billion industry and 4.5-6 crore jobs by 2030

CFO News

India plans to expand its textile industry to $350 billion by 2030, creating up to 6 crore jobs. The government aims to achieve $600 billion in textile exports by 2047. The Production Linked Incentive scheme will support this growth, with investments in man-made and natural fibers.

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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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SOC 2 Compliance: Strengthening Data Security for your business

E78 Partners

Data privacy and security are at the forefront of concerns for most organizations. For mid-market and enterprise companies, as well as those in the Private Equity space, maintaining these protections is crucial due to the vast amounts of sensitive data they manage. Information security can be especially complex to implement and monitor across portfolio companies and sponsors.

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5 Tips to Maximize Your SBA Loan Benefits This Tax Season

CSC Advisors

5 Tips to Maximize Your SBA Loan Benefits This Tax Season Securing a Small Business Administration (SBA) loan can be a game-changer for your business, providing the necessary capital to invest in growth and operations. As you approach the 2025 tax season, it’s crucial to leverage your SBA loan’s financial advantages effectively. Understanding how to maximize tax benefits can significantly impact your bottom line, allowing you to reinvest in your business and improve cash flow.

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G2 recognizes Cube as a Momentum Leader, awarding badges for high performance and more (Fall ‘24)

Cube Software

This just in: Cube stands out in G2's Fall Report Cube has been listed as one of the top FP&A platforms across several disciplines, including Budgeting and Forecasting , Corporate Performance Management , Financial Close , and Financial Analysis.

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Talent crunch hits Indian businesses as global economy recovers: Report

CFO News

Businesses in India are facing challenges in hiring and retaining talent, according to a report by Michael Page. Companies struggle with matching salary expectations and finding the right skills. AI is reshaping workplaces, with 47% of employees using it. Employers need to align retention strategies with employee priorities like well-being and clear promotion paths.

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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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Unilever ready to defend India top spot with millions

CFO News

Unilever is committed to defending its market leadership in India, ready to invest heavily or make acquisitions as competition grows. Hindustan Unilever remains a dominant player in home and personal care categories, with plans to grow 4-5% by volume in an expanding economy.

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Financial restructuring, govt initiatives to push mfg helping India Inc sail through rough seas

CFO News

India, poised to become the world's third-largest economy by decade's end, is on a high-growth trajectory. Despite challenges like high funding costs and sluggish demand recovery, sectors such as consumer products, ecommerce, healthcare, and technology show immense growth potential. Government initiatives and improved corporate governance are boosting investor confidence.

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Make in India, PLI projected to continue creating manufacturing jobs

CFO News

Government initiatives like 'Make in India' and the PLI scheme are driving strong hiring in India's manufacturing sector. Industries such as automotive, electronics, chemicals, and pharmaceuticals are expanding, creating demand for both blue- and white-collar roles. Companies are focusing on technology and sustainability, leading to new job opportunities.

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After NCLT's nod, IDFC-IDFC First Bank merger to be effective October 1

CFO News

The National Company Law Tribunal has approved the merger of IDFC FHCL with IDFC Limited, effective September 30, and the subsequent merger of IDFC Limited with IDFC FIRST Bank from October 1. The Reserve Bank of India had already given its nod for this reverse merger in December 2023.

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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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Madhabi Puri says mutual funds industry is SEBI's elder son

CFO News

SEBI chief Madhabi Puri Buch underscored mutual funds' pivotal role in promoting financial inclusion and wealth creation. She encouraged the industry to leverage the stewardship code for representing retail investors at company meetings. Buch is confident that mutual funds will continue to improve this code, benefiting shareholders and contributing to a prosperous India.

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Angel One settles front running case with Sebi

CFO News

​​The regulator had undertaken a detailed investigation by certain entities from January 1,2021 to October 31,2022, who were consistently placing orders ahead of the big clients including Bharat Kanaiyalal Sheth Family Trust in the cash segment and were squaring off the same.

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RBI expected to start rate cut cycle from December this year: UBS

CFO News

The Reserve Bank of India's Monetary Policy Committee (MPC) is anticipated to begin easing interest rates in December 2024, according to a UBS report. This expectation arises from an improving domestic inflation outlook, projected to be 30 basis points lower than the RBI's forecast of 4.5% for FY25, along with a global trend of monetary easing.

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Puma names Markus Neubrand as CFO

CFO News

Puma: Neubrand will succeed Hubert Hinterseher, who will step down on September 30, 2024, and leave the company by mutual agreement on December 31, 2024.

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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.

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Sudden impact: Big 4 audit firms set new terms of engagement after EY worker's death

CFO News

The tragic death of a young chartered accountant at SR Batliboi & Co has led the Big Four firms to implement employee-friendly measures focusing on mental health and work-life balance. These firms are promoting well-being programs, issuing advisories, and seeking feedback to address workplace stress and improve conditions for their staff.