Mon.Oct 21, 2024

article thumbnail

Effective Debt Management for Entrepreneurs: Tips and Strategies

CFO Plans

Start mastering your debt management today with expert insights from CFO Plans. Discover tailored strategies to empower your business’s financial health. In the fast-paced world of financial services, ensuring small business financial health is crucial for entrepreneurs. While debt can be a powerful tool for growth, it can quickly turn into a challenge if not handled properly.

CFO 52
article thumbnail

Only 15% of companies have ROI metrics for GenAI: KPMG

CFO Dive

The finding comes as many enterprises are deploying the technology on a larger scale.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

BofA Extends FX Rate Guarantees To A Year

Global Finance

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, services, manufacturing and the gig economy has resulted in dramatic increases in both the volume and value of cross-border payments in recent years. Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices wit

article thumbnail

Many middle market firms in ESG ‘wait and see’ mode, RSM says

CFO Dive

While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.

Marketing 292
article thumbnail

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

article thumbnail

India at the forefront of leading the 'double AI' revolution: Suneeta Reddy

CFO News

With Prime Minister Narendra Modi asserting India has a 'double AI' advantage with the power of 'Aspirational India' and 'Artificial Intelligence' combining, Apollo Hospitals Managing Director, Suneeta Reddy on Monday said that India is at the forefront of being able to lead this revolution.

59

More Trending

article thumbnail

1045: Cash Flow Focus: Building a Sustainable Growth Strategy | Brian Hogeland, CFO Packer Fastener

CFO Thought Leader

In his three years as CFO of Packer Fastener, Brian Hogeland has led a milestone transformation of the company’s financial operations. Joining in 2021 during a period of rapid growth, Hogeland tells us he quickly identified opportunities to streamline processes, align business goals, and introduce technology-driven solutions. With Packer Fastener’s quirky culture—known for slogans like “We’ve got the biggest nuts in town”—Hogeland’s mission was to bring structure without losing the fun spirit at

CFO 52
article thumbnail

Optimizing finance operations through outsourcing: What works best?

CFO Dive

Gain insights from over 200 CFOs on how to stay ahead of today’s rapidly evolving financial landscape with research led by Conduent and Everest Group.

Finance 272
article thumbnail

Adani Group's Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore

CFO News

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.

52
article thumbnail

Weakening manufacturing demand clouds economic outlook: Conference Board

CFO Dive

Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.

Economics 268
article thumbnail

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.

article thumbnail

1,044: Driving Sustainable Growth: How to Align Business Goals with Profitability | Isabelle Winkles, CFO, Braze

CFO Thought Leader

In January 2020, most finance leaders were seeing ASC 606 as a done deal. However, for Braze’s newly appointed CFO, Isabelle Winkles, this new revenue recognition standard would quickly move to front-and-center. Although ASC 606 was merely a speed bump for seasoned professionals—including 25-year finance veteran Winkles—it did present some notable challenges within Braze.

CFO 52
article thumbnail

Unlocking business growth through effective credit control

CFO Dive

It's no secret that offering attractive payment terms may help boost sales. However, the decision to extend favorable credit can be challenging.

Sales 144
article thumbnail

A 90-Day Onboarding Plan To Train Your New Superstar Client Service Associate (CSA)

Nerd's Eye View

For small advisory firms that are beginning to grow and ready to add new staff, a Client Service Associate (CSA) or similar support role is a common early hire. Ideally, this person will free up an advisor's time to let them focus on other tasks (which are likely income-producing and will allow the advisor to continue to grow the firm). However, if a new CSA is not onboarded well, then advisors run the risk of taking on additional management responsibilities without a corresponding lift in task

article thumbnail

What is Enterprise Performance Management?

Lime Light

Traditional approaches to performance management, which often rely on manual processes and outdated systems, fall short of addressing the demands of modern businesses. According to Gartner, over 70% of finance leaders have adopted enterprise performance management (EPM) software to streamline processes and improve decision-making.

Finance 52
article thumbnail

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.

article thumbnail

5 Scenarios When a Fractional CFO is a Must-Have

CFO Selections

Regardless of size, industry, or location, strong financial leadership is a vital component of any organization’s success. Yet, small and mid-sized companies often forgo hiring a CFO due to budgetary constraints. This is where bringing in a fractional resource can help! An outsourced fractional CFO will perform the same duties as an in-house full-time CFO, but on a more limited time basis.

CFO 52
article thumbnail

Biggest challenge before Indian economy is employability, says FM Nirmala Sitharaman

CFO News

The biggest challenge before India is employability says finance minister Nirmala Sitharaman during a fireside chat on India's decadal economic reforms and continued economic growth in New York on October 22.

article thumbnail

Transcript: Brian Higgins, King Street

Barry Ritholtz

The transcript from this week’s, Transcript: Brian Higgins, King Street , 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. ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio. 00:00:15 [Speaker Changed] I’m Barry Ritholtz, you are listening to Masters in Business on Bloomberg Rad

article thumbnail

India poised to sustain growth trajectory, likely to be world's 3rd-largest economy by 2027: FM Nirmala Sitharaman

CFO News

Addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, the oldest and the largest stock exchange in the world, the Finance minister said India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly.

Finance 45
article thumbnail

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.

article thumbnail

10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • If you think grocery prices take a big bite out of your paycheck in the US, check out the rest of the world : It’s important to note that food prices in the U.S. — relatively speaking — are the cheapest in the world, and have been for a long time. This is the case whether measured in terms of disposable personal income or in terms of percentage of household expenditures. ( The Conversation ) • Tim Cook on Why Apple’s Huge Bets Will Pay Off : The CEO of

article thumbnail

Festive demand will help shrug off temporary slowdown, says RBI report

CFO News

Aggregate demand in India is expected to recover in Q2 2024-25 due to rising festival demand and improved consumer confidence, supported by an optimistic investment outlook and government capex. However, geopolitical tensions, commodity price hikes, and food inflation pose risks to this recovery.

article thumbnail

Hyundai Motor India’s shares decline in debut after record IPO

CFO News

Hyundai Motor India Ltd shares dropped nearly 6% on their first trading day in Mumbai, despite being the largest IPO in the country's history. Retail investors bought only half of their reserved portion, while institutional demand was strong. Analysts see potential long-term value amid India's growing economy and car market.

Retail 40
article thumbnail

Sebi bars Varanium Cloud, MD from securities markets; probe continues

CFO News

Markets regulator Sebi on Monday affirmed its directions to bar Varanium Cloud and its promoter and MD Harshawardhan Hanmant Sabale from securities markets till the outcome of a probe into alleged mis-utilisation of IPO proceeds and manipulation of the company's financials.

article thumbnail

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.

article thumbnail

SC admits appeal by Dept of State Tax in Siddheshwar Industries insolvency case

CFO News

The Supreme Court admits an appeal by the state tax department to be treated as a secured creditor in Siddheshwar Industries' insolvency case. It challenges the NCLAT's decision, arguing tax laws override the Insolvency and Bankruptcy Code, citing legal precedents and statutory interpretations.

article thumbnail

At USD 2 billion, travel adds most to foreign spends in August

CFO News

Indians spent USD 3.2 billion overseas in August 2024, mainly on travel, education, and supporting relatives. Outbound travel totaled USD 2.01 billion, close to the record high in July 2023. Studies abroad saw the second-highest spending at USD 416 million. The data shows steady recovery in forex spending despite the 20% TCS rate on amounts over Rs 7 lakh.

article thumbnail

Indian bonds remain attractive amid stable macro-economic variables: PGIM India

CFO News

Bond yields generally move ahead of rate changes, making it a strategic time for investors to enhance their fixed-income allocations during yield upticks.

article thumbnail

Noel Tata and N Chandrasekaran establish ‘healthy working relationship’ in first meeting, talk routine biz

CFO News

Noel Tata, the new Tata Trusts chairman, meets Tata Sons chairman N Chandrasekaran and Prime Minister Narendra Modi, signaling efforts to build relationships. Meanwhile, Tata Trusts appoint Noel as permanent trustee, maintaining continuity with key trustees managing the philanthropic entities controlling the Tata Group.

40
article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.