Fri.Feb 21, 2025

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Conquering the Complexity with Robotic Processing Automation (RPA)

Navigator SAP

A typical organization has hundreds if not thousands of standardized processes that are performed during the normal course of business. These include simple processes such as the issuing of invoices, and more complex processes like how a new employee should be onboarded. Many of these processes can be automated with robotic processing automation (RPA).

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Tax preparers urge Congress to protect IRS data amid DOGE advances

CFO Dive

Elon Musk’s Department of Government Efficiency has sparked privacy concerns as it has sought to tap into federal databases in its effort to cut costs and root out fraud.

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Trending Sources

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Luck vs. Skill: Great Investment Leaders Know the Difference

CFA Institute

Our egos are hardwired to fall into the trap of confounding luck and skill. By recognizing the role of chance and reinforcing analytical discipline, investment leaders can build more resilient strategies and teams.

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Consumer sentiment slumps on fears tariffs will fuel inflation

CFO Dive

Long-run inflation expectations this month rose to 3.5% in the biggest month-over-month increase since May 2021, the University of Michigan said.

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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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FRP advises N-Able Group on sale to RSK Group

Accountancy Today

FRP has revealed it advised sustainability-focused architectural and property consultancy business, N-Able Group, (N-Able) on its sale to RSK Group. Headquartered in London, N-Able is a one stop shop for design and construction services, specialising in the delivery of low energy, low environmental impact buildings. It comprises two award-winning companies, ECD Architects, an architecture firm providing sustainable building design in England and Scotland, and Keegans, and a building consultancy

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Religare appoints Rajender Malla and Shrikant Somani as Independent Directors

CFO News

Religare Enterprises has appointed Rajender Mohan Malla and Shrikant Shreeniwas Somani as Independent Directors, strengthened its compliance by naming JC Bhalla & Company as Statutory Auditors and Anuj Jain as Compliance Officer. Additionally, Daburs founding family gained control of the company, and its shares surged over 13%.

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MiB: Charley Ellis on Rethinking Investing

Barry Ritholtz

This week, I speak with Charles Ellis, author and Founder of Greenwich Associates. Prior to founding Greenwich Associates in 1972, Charles worked with the Rockefeller family investments office and Donaldson, Lufkin, and Jenrette. Charley was appointed to the faculty of the Yale School of Management and twice to the Harvard Business School. He also served as a trustee at Yale from 1997 to 2008, and was chairman of the Endowment.

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SEBI plans to curb proliferation of thematic MF schemes: Chairperson Buch

CFO News

There is no reason to put a cap on the thematic schemes and something should rather be done to curb the root cause of such proliferation, SEBI Chairperson Madhabi Puri Buch said on Friday.

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Weekend Reading For Financial Planners (February 22–23)

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 Associates finds that while financial planning clients (particularly high-net-worth clients) are overwhelmingly satisfied with their advisors, many advisors face client acquisition challenges despite investors being increasingly willing to pay for advice services.

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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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India's big-ticket defense-tech move: Mahindra Group partners with US-based Anduril Industries

CFO News

Mahindra Group has partnered with US-based Anduril Industries to develop autonomous and counter-unmanned aerial systems, including Autonomous Underwater Vehicles for security and reconnaissance missions. This collaboration aims to enhance defense capabilities using advanced technologies, aligning with recent US-India bilateral defense cooperation efforts.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: A.I. Is Changing How Silicon Valley Builds Start-Ups : Tech start-ups typically raised huge sums to hire armies of workers and grow fast. Now artificial intelligence tools are making workers more productive and spurring tales of tiny team success. ( New York Times ) The Rower Turned Engineer Who Helped Make Nvidia a $3 Trillion Company : Jonah Alben uses lessons from his days as Stanford rowing coxswain to design AI chips and keep selling to China.( Wall

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State seeks bigger share of central taxes as Finance Commission begins review

CFO News

Madhya Pradesh currently receives 7.85 per cent share in the central taxes but is seeking an increase to nearly 9 per cent. The state receives the third-highest devolution in the country and has deployed a dedicated team of senior finance department officials to make a strong case for a larger share. The officials are working on every minute detail to be presented before the visiting commission.

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'Remote-controlled' plaint: Cops may quiz Rashmi Saluja

CFO News

The Mumbai police plan to question Rashmi Saluja, former chairman of Religare Enterprises, over complaints related to the company's takeover by Dabur's Burman family. Investigations reveal possible attempts to disrupt the takeover using false claims and allegations. The Economic Offences Wing and the Enforcement Directorate are probing the matter, focusing on financial irregularities and unlawful gains.

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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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India mulling lower duties for low-volume US imports

CFO News

India is considering reducing duties on certain US products that pose no significant threat to local industries under a proposed Bilateral Trade Agreement. Discussions have begun with stakeholders in sectors like auto and auto components. The government aims to protect its farm sector while evaluating the impact of US tariffs and exploring strategies to safeguard Indian exports.

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FMCG Inc readies quick fix for urban distributors

CFO News

Companies like Godrej Consumer, Emami, and Adani Wilmar are reducing the number of urban distributors to make them more viable, offering higher credit and expanding business scopes. This is to adapt to the growing shift of consumers from traditional kirana stores to quick commerce and modern trade.

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Indian banks to face margin squeeze as RBI may go for more rate cuts

CFO News

NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.

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5 Ways to drive Digital Financial Transformation for Startups

CFO News

According to Deloittes Q4 2023 CFO Signals report, 76% of CFOs believe that digital initiatives are integral to achieving their companys strategic goals. Similarly, a 2022 PwC survey found that 73% of CFOs have prioritized digitalization, dedicating significant resources to technologies like AI, blockchain, and advanced analytics.

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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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RBI DG asks entities to guard against reckless financialisation

CFO News

Reserve Bank Deputy Governor M Rajeshwar Rao has warned financial sector entities to avoid reckless financialisation amid rising unsecured lending and derivative euphoria. Rao emphasized the need for financial literacy and balanced regulation to prevent systemic risks and ensure long-term financial security.

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Bullish on AI, Fulcrum Digital to increase global workforce to 3,000 in two years

CFO News

Fulcrum Digital: Further, in 2025, the company aims to scale its Al ecosystem to 10,000 Al agents, from about 170 currently.

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Google fined multiple times by Russia for content violations in 2024

CFO News

The fines were issued due to Google's failure to remove extremist content, fake news and materials calling for mass unrest from its video-sharing platform YouTube. Google was also fined for content related to VPN services and other illegal materials.

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Monarch Networth Capital settles violation of stock brokers' rule with Sebi

CFO News

Monarch Networth Capital Ltd settled with Sebi after paying Rs 11.37 lakh for an alleged stock brokers' rule violation. The settlement was made following an investigation into trades of Atlantaa Ltd, revealing the broker's lax due diligence and involvement in facilitating fraudulent trades.

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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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Bajaj Electricals gets Rs 14.08 cr demand from GST authority in Punjab

CFO News

Bajaj Electricals Ltd has received a notice from the GST authority in Punjab demanding Rs 14.08 crore for alleged mismatches in input tax credit for FY 2020-21. The company is considering legal options, including an appeal, and reports no impact on its financial operations.

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Airbus to sign deal with Spirit Aero in weeks: CFO

CFO News

Airbus: Boeing has said it would buy back its former subsidiary Spirit Aero, which is a critical supplier to Boeing, for $4.7 billion in stock.

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India needs to cut tariffs for its own good: Niti Aayog CEO BVR Subrahmanyam

CFO News

NITI Aayog CEO BVR Subrahmanyam emphasizes the need for India to reduce tariffs and complete trade agreements with major economies. He advocates for deregulation, skilling, and integrating into global supply chains. Highlighting the importance of prioritizing manufacturing, education, and agriculture, he stresses the need for reform and enterprise-friendly policies at both central and state levels.

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AI can help produce more electricity, fuels: Honeywell

CFO News

AI, through machine learning and data analytics, is revolutionizing energy production, management, and consumption by enhancing power output, safety, and efficiency. Honeywell's Anant Maheshwari highlights AI's role in accelerated job training, increased productivity, and promoting innovation in new energy sectors. India's rapid growth market sees significant implementation of these advanced technologies.

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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.