Tue.May 14, 2024

article thumbnail

The problem that made ‘zero-based budgeting’ unachievable just got solved

CFO Dive

Accounting for every dollar was largely just an elusive aspiration in finance circles — until artificial intelligence arrived, writes Globality’s Seth Catalli.

Budgeting 278
article thumbnail

Navigator Business Solutions Achieves GROW with SAP Designation

Navigator SAP

As seen in, PR Newswire , Navigator Business Solutions is proud to announce its ongoing partnership with SAP and its achievement of the Grow with SAP program designation. Read the official press release here.

SAP 220
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

Cybersecurity ops budgets expected to climb: KPMG

CFO Dive

The average annual budget for SOCs — a one-stop shop for managing cyber threats — is $14.6 million, according to a KPMG survey of large firms.

Budgeting 275
article thumbnail

Stellantis, Leapmotor Partner On Chinese EV Sales In Europe

Global Finance

Automaker Stellantis and Chinese electric automaker Leapmotor agreed on a joint venture to sell electric vehicles outside of China, according to the two companies on Tuesday. Beginning in September, Netherlands-based Stellantis will sell the Chinese-built Leapmotor vehicles throughout Europe, with Leapmotors’s lineup complementing its selection of cars.

Sales 96
article thumbnail

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!

article thumbnail

Powell sees longer inflation fight, ‘very small’ odds of Fed rate hike

CFO Dive

“We have the highest interest rates in some time,” Powell said Tuesday. “The question is, ‘is it sufficiently restrictive?

278
278

More Trending

article thumbnail

Brex CFO mulls long-term IPO scenario but keeps eye on costs, ROI

CFO Dive

The prevailing attitude among companies seeking to go public is to achieve profitability beforehand, Ben Gammell said.

CFO 273
article thumbnail

Ransomware attacks at India Inc down to 64%, yet costs soar: Report

CFO News

A recent report by Sophos unveils a decline in ransomware attacks on Indian companies, down to 64%. However, higher ransom demands and a shift in recovery tactics pose intensified challenges.

59
article thumbnail

1000: When Culture Informs Strategy | Tucker Marshall, CFO, The J. M. Smucker Company

CFO Thought Leader

At just 16, Tucker Marshall unsuccessfully sought a humble beginning at The J. M. Smucker Company—not in the back office but on its lush grounds, hoping to cut grass. Such an early rejection—due to a company policy favoring employees’ families first—did little to deter him. Instead, it left with him an indelible admiration for the company’s culture and its loyalty to its extended family.

CFO 52
article thumbnail

Cipla promoters to sell up to 2.53% for Rs 2,637 crore

CFO News

The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter.

Sales 52
article thumbnail

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.

article thumbnail

Managing Your Company’s Inventory

CFO Simplified

Every business owner knows that one of their biggest assets is Inventory. But if your business doesn’t have shelves in a warehouse filled with products for sale, you might think that you don’t need to worry about all of the issues and problems that go along with managing, protecting and selling that inventory. Actually, there are different kinds of inventory, and as a result, every business has inventory.

article thumbnail

China may dump EVs, batteries into India with higher US tariffs: GTRI

CFO News

GTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.

article thumbnail

BMO Virtual Connect recognized for digital transformation and operational excellence

Bank of the West

Our customer contact centre, BMO Virtual Connect, has gained global recognition for its commitment to innovation and customer satisfaction. Most recently, we won the Business Transformation & Operational Excellence Award… Read more The post BMO Virtual Connect recognized for digital transformation and operational excellence appeared first on About BMO.

52
article thumbnail

The Role of CFOs: Strategic Financial Leadership in Growing Steel Industry

CFO News

In his insightful article, Deepak Goyal, Group CFO of APL Apollo Steel Tubes Ltd, delves into the indispensable role of financial leadership in propelling the growth and resilience of India's burgeoning steel industry.

article thumbnail

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.

article thumbnail

Inventory Management Guide for 2024

The Finance Weekly

What could happen if a business does not have proper inventory management? Without proper inventory management, a business might frequently run out of popular products. This leads to stockouts, where customer demand cannot be met. As a result, customers may turn to competitors to fulfill their needs, causing the business to lose sales and potentially long-term customers.

article thumbnail

ION-owned LIST completes third and final phase of migrating clients onto Euronext’s Optiq trading platform

Reval

Milan, Italy, 26 March 2024: LIST, an ION company, announces that the third. The post ION-owned LIST completes third and final phase of migrating clients onto Euronext’s Optiq trading platform appeared first on ION.

52
article thumbnail

India's weight in key MSCI equity index hits another high, to boost inflows

CFO News

India's weight in MSCI's Global Standard index hits a record high, narrowing the gap with China. The rise boosts prospects for more inflows into equity markets. Consistent flows from domestic institutional investors could see India surpass 20% weightage by 2024. May review to bring about $2 billion inflows; Analyst Abhilash Pagaria comments on the potential growth.

article thumbnail

Temenos launches financial processing solution for banking operations

Future CFO

Banking software system provider Temenos launched its financial processing solution, Temenos Positions, to transform banking operations for institutions with complex, multi-core systems across multiple lines of business in both retail and corporate banking. According to a press release, the new lean solution serves as a real-time source for maintaining and sharing balances, instruments, and financial movements across an entire bank's system landscape, regardless of underlying technology stack.

Banking 52
article thumbnail

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.

article thumbnail

Tax incentives can help enhance adoption of sustainability manufacturing: Experts

CFO News

Financial incentives like tax breaks and subsidies can boost the adoption of green manufacturing practices. Experts emphasize the need for sustainable supply chains and investments in energy-efficient technologies. Companies are increasingly focusing on sustainability, with Indian firms leveraging sustainable loans and investing in recycling.

article thumbnail

Boom in e-commerce opens door for multiple jobs at all levels

CFO News

The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.

article thumbnail

Indian companies likely to use existing AI models to leverage their data: Intel executive

CFO News

Santhosh Viswanathan, vice president and managing director for the India region at chipmaker Intel, said the Indian market was at an “inflection point” with digitisation being a fundamental change and accelerant for the economy.

article thumbnail

DHFL scam: After CBI arrest, Dheeraj Wadhawan sent to judicial custody for Rs 34,000-crore bank fraud case

CFO News

Former DHFL director Dheeraj Wadhawan was arrested by the CBI in connection with a Rs 34,000-crore bank fraud case. He was charge-sheeted in 2022, produced before a special court in Delhi, and sent to judicial custody. Wadhawan was earlier arrested in the Yes Bank corruption case and is linked to the biggest banking loan fraud in India.

Banking 40
article thumbnail

Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

article thumbnail

NCLAT lifts lien on IL&FS Transportation

CFO News

NCLAT orders lifting of lien on ITNL's account, deeming Maharashtra tax department's attachment contrary to previous decision. PNB seeks interim distribution of Rs 12 crore from ITNL's account towards debt, allowing IL&FS board to consider fund distribution.

article thumbnail

Wholesale inflation in April quickens to 13-month high of 1.26% on spikes in power, food prices

CFO News

India's wholesale price index-based inflation accelerated to 1.26 per cent in April on an annual basis as against 0.53 per cent in March, data from the Commerce Ministry on Tuesday showed.

40