Tue.Sep 24, 2024

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Unlocking Growth: Scalable Accounting Solutions for Small Businesses from Startup to Enterprise

CFO Plans

In the dynamic world of small business, financial management is the cornerstone of sustainable growth. Whether you’re navigating the early stages of a startup or managing the complexities of an expanding enterprise, scalable accounting solutions are essential. Today, we delve into how CFO services can support your business at every stage with a range of offerings, including Small Business Financial Advisory, Strategic Financial Consulting, and more.

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Data privacy concerns swirl around generative AI adoption

CFO Dive

IT and business professionals fear the technology's adoption can lead to data leakage, according to a Deloitte report.

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Trending Sources

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REA India CFO sees US Fed rate cut raising foreign capital flows to India

CFO News

As global monetary policies shift, Indian businesses are poised to seize new opportunities while remaining vigilant about the associated risks, says Vikas Wadhawan.

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SEC charges 12 companies with flawed record-keeping, imposes $88M in fines

CFO Dive

SEC Chair Gary Gensler, during a congressional hearing Tuesday, came under fire from Republicans asserting that he should use regulation more than enforcement to correct company record-keeping.

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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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The finance leader’s guide to financial services regulation

Cube Software

What is financial services regulation? Financial services regulation involves establishing and enforcing rules and standards that govern financial institutions, markets, and transactions. Governments or regulatory bodies create these regulations to ensure financial stability, protect consumers, and maintain market integrity.

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1,037: Optimizing Growth and Margins: A CFO’s Strategic Playbook | Regi Vengalil, CFO, Trax Retail

CFO Thought Leader

When the opportunity to help lead the corporate travel business at Expedia arose, Regi Vengalil knew it was exactly the role he had been seeking to put a CFO career in gear. Stepping into the CFO position meant overseeing a business unit with $600 million in revenue and $120 million in EBITDA, and Vengalil was eager to take on the challenge. Prior to this, he had been leading a team of strategy and M&A professionals, but the new role offered a much broader scope of responsibility.

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Grammarly taps IPO veterans for CFO, CTO

CFO Dive

Grammarly doesn't have any “immediate plans” for an IPO, but needs leaders who can “scale an already sizeable, high-growth company," a spokesperson said.

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The Mentoring Round | CFO Dayton Kellenberger

CFO Thought Leader

Inside The Mentoring Round , CFO Dayton Kellenberger shared a key moment from his time at Coleman Company that reshaped his view of finance. Tasked with addressing declining gross margins, Kellenberger used a detailed price-volume mix analysis to uncover that low-margin products were unintentionally replacing higher-margin ones. His findings led to a transformation in how Coleman priced products and conducted annual line reviews with major customers.

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IBM ups bet on FinOps market in Kubecost buy

CFO Dive

The acquisition raises questions, including whether the deal will increase “an already high price tag” for IBM’s FinOps suite, an analyst 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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End-to-End Accounting Solutions for Small Business Efficiency

CFO Plans

In the ever-evolving landscape of 2024, small businesses must navigate a sea of financial complexities to stay competitive and thrive. Comprehensive accounting solutions are the lifeboat, offering the essential tools and expertise to streamline financial operations. This post delves into how end-to-end accounting solutions can significantly enhance efficiency and drive growth for small businesses.

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Owens & Minor appoints interim CFO to permanent seat

CFO Dive

The appointment comes as the company targets $5 billion in revenue by 2028 for its Patient Direct segment.

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Tax Planning and Accounting: Essential Strategies for Small Businesses

CFO Plans

Ready to elevate your small business’s financial strategy? Discover expert tax planning and accounting services designed to help you thrive. Navigating the financial landscape of a small business can be overwhelming. According to the Small Business Administration, 20% of small businesses fail within their first year, often due to poor financial management.

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Vivad Se Vishwas direct tax Scheme: New window to settle pending tax demands & litigations opens on October 1, 2024

CFO News

Direct tax Vivad se Vishwas scheme 2024: This scheme will be applicable for appeals filed before Commissioner (Appeals), Dispute Resolution Panel (DRP), Income Tax Appellate Tribunal (ITAT), High Court and Supreme Court. This scheme will be operational from October 1, 2024. Read here to know more about how the Vivad se Vishwas scheme 2024 works.

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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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Why Outsourced CFO Services Are Essential for Your Small Business

CFO Plans

In the dynamic landscape of small business, staying ahead of financial challenges is crucial. Enter outsourced CFO services—a transformative solution for businesses seeking expert financial guidance without the overhead of a full-time executive. Discover how outsourced CFO services can elevate your financial strategy today. Let’s delve into why your business needs these services and how they can elevate your financial strategy.

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Hinduja Group arm HGS charged with Rs 2,500 cr tax evasion

CFO News

Hinduja Global Solutions Limited sold its healthcare services business to wholly-owned subsidiaries of Betaine BV ('Buyer'), funds affiliated with Baring Private Equity Asia (BPEA). It subsequently merged NXT Digital (NDL), its digital media and communication business, into Hinduja Global Solutions (HGSL).

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Unlocking Financial Mastery in the Startup World

CFO Plans

In the dynamic world of startups, every decision holds the potential to either propel your business forward or set it back. Robust financial management is not a luxury but a necessity. Yet, many budding entrepreneurs face the challenge of budget constraints, making it difficult to hire a full-time CFO. Enter affordable virtual CFO services—a game-changer that offers scalable financial strategies tailored specifically for startups.

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Grammarly appoints Navam Welihinda as CFO

CFO News

Additionally, Grammarly announced the appointment of Mark Schaaf as its Chief Technology Officer.

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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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Exploring Low-Cost CFO Solutions for Small Businesses

CFO Plans

In today’s dynamic business environment, small businesses face a myriad of financial challenges. According to a recent survey, 82% of businesses that fail do so because of cash flow problems. The need for strategic financial planning and real-time financial reporting has never been more critical. However, hiring a full-time Chief Financial Officer (CFO) can be a significant financial burden for small enterprises.

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SC disposed of 573 direct tax cases post-revision in monetary limit in appeal filing: FinMin

CFO News

The finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget.

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End-to-End Accounting: Simplify Your Operations and Drive Growth

CFO Plans

Did you know that businesses can reduce their financial management costs by up to 40% with the right accounting solutions? In today’s fast-paced business environment, managing your finances efficiently is paramount to success. However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth.

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Sebi simplifies registration of certain FPI categories

CFO News

To ease onboarding for FPIs and reduce duplication of information, Sebi on Tuesday proposed an abridged version of Common Application Form (CAF) that only requires information unique to the applicant. Further, the rest of the information will be auto-filled from the depository's records or certain fields will be disabled if not needed.

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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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Your One-Stop-Shop for Small Business Tax and Accounting Needs

CFO Plans

Navigating the financial landscape of a small business can often feel like venturing into uncharted territory. Did you know that nearly 60% of small business owners feel overwhelmed by financial management? If you’re among them, you’re not alone. With so many responsibilities on your plate, why not streamline your financial processes with a one-stop-shop for all your small business tax and accounting needs?

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Swiggy gets Sebi nod for $1.25-billion IPO

CFO News

Swiggy has received market regulator approval for its $1.25-billion IPO, signaling strong interest in new-age investments amid India's consumer boom. The Bengaluru-based company will raise ₹3,750 crore in fresh capital and offer up to ₹6,664 crore through an offer-for-sale. Major investors like Prosus and SoftBank are expected to sell part of their holdings.

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Financial Forecasting for Small Businesses: Plan with Precision

CFO Plans

In the fast-paced world of small business, precise financial forecasting is not merely advantageous—it’s essential. Did you know that 82% of businesses fail due to poor cash flow management? This startling statistic underscores the critical importance of accurate financial forecasting. By predicting future financial outcomes based on historical data, market trends, and economic indicators, small businesses can navigate uncertainty, plan for growth, and ensure long-term sustainability.

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Hyundai Motor India's IPO gets Sebi greenlight, sources say

CFO News

India's market regulator has approved an initial public offering of Hyundai Motor India , two sources with direct knowledge of the matter told Reuters.

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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.