Sat.Mar 16, 2024 - Fri.Mar 22, 2024

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CFOs play it safe on AI spending

CFO Dive

Close to two-thirds (62%) of CFOs responding to a Deloitte poll anticipated an allocation of less than 1% of their organization’s budget for GenAI next year.

Budgeting 269
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CFOs prioritize employee compensation in budget allocations, reveals Gartner survey

CFO News

Amidst the financial landscape of 2024, CFOs are intensifying their focus on elevating employee compensation, as revealed by a recent survey conducted by Gartner Inc., reflecting evolving trends in budget allocations and retention strategies.

Budgeting 111
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Trending Sources

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A financial controller's guide to IPO readiness

Future CFO

An initial public offering , or an IPO, undeniably poses both an opportunity and a challenge for a company. According to Controllers Council , with changes in the political climate and interest rates, opportunities can open as quickly as they close. While an IPO provides an infusion of capital, it’s not without its drawbacks, as finances will be analysed thoroughly and reporting will be adjusted.

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Tired of Manual Invoice Processing? See How SAP AP Automation Can Save You Time!

Navigator SAP

In this video demonstration, we'll show you the difference between the traditional, manual way of processing invoices in SAP and the power of automating this process using SAP Business Technology Platform (BTP). In this quick demo, you'll see: Manual Invoice Entry : We'll start by demonstrating the time-consuming steps involved in manually entering invoice data, including keying in information and performing three-way matches.

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Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

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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Redefining Leadership in the Age of Digital Finance

CFO News

Authored by Hardik Navdhare, Executive Director at Target Publications, this piece explores how modern CFOs navigate a tech-driven landscape, leveraging technology, data, and strategic innovation for financial success.

More Trending

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • How a Physics Whiz Made a Fortune Betting on Nature’s Catastrophes : John Seo used his scientific knowledge to develop a winning formula for trading catastrophe bonds — a market that’s booming thanks to climate change and inflation. ( Bloomberg Green ) • How neuroscience can help you make tough decisions – with no regrets : Most people are too risk-averse when it

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Leveraging ERP for Enhanced Decision-Making in Food and Beverage Manufacturing

Navigator SAP

An informed decision is always better than a guess. That’s why data is so important for food and beverage manufacturers today. With a food and beverage ERP (enterprise resource planning solution), manufacturers can upgrade their decision-making processes through better visibility and both enhanced data and analytical capabilities. The benefits of ERP data analytics in manufacturing are many.

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India to play a larger role in globalisation in coming decades

CFO News

India has emerged as a bright spot on the global map and the world is looking at India with a big hope. While the lead economic indicators are showcasing remarkable improvement, the recent study also shows that India will be an integral part of globalisation in the coming decades.

Economics 111
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Cube taps Workday alum to drive tech, finance synergy with new $20M funding

CFO Dive

Workday alum Suresh Bala will keep his eye on the goals of the CFO as he taps the new funding to elevate Cube’s FP&A offerings, he said.

Finance 265
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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Sustaining transformative leadership to drive growth and value

Future CFO

The future starts today, not tomorrow. The future is now. With the future of finance circling the management across functions, the formation of the right concoction of capabilities, and the establishment of a strong data foundation, it is expected that finance leaders look into strategies to not only succeed but also sustain transformative leadership.

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10-year TIPS reopening auction could reach real yield of 2.0%

Tips Watch

By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $16 billion in a reopening auction of CUSIP 91282CJY8, creating a 9-year, 10-month Treasury Inflation-Protected Security.

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Why are India's FDI inflows slowing down?

CFO News

Foreign Direct Investment (FDI) in India has witnessed a significant downturn, declining by 38.4% year-on-year to $15.41 billion in the first ten months of the current financial year.

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FASB backs off bigger software accounting revamp

CFO Dive

It's been decades since the Financial Accounting Standards Board has made any major changes to GAAP accounting rules for software.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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New Recurring Revenue Solutions in the Global Semiconductor Industry

Bramasol

In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving an

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Identifying Your Own “Soft Assets” To Turn COIs Into Powerful Referral Champions

Nerd's Eye View

Soliciting prospect referrals can often be an effective way for financial advisors to grow their firms with clients who are ready to act and who will benefit from the firm since many referrals come from sources that are familiar not just with the advisor and the services they offer, but also with the prospect being referred and the needs they seek. This is particularly true when referrals come from Centers of Influence (COIs) – professionals who are trusted by their circles to influence id

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India's direct tax collection grows 20% to Rs 18.90 lakh crore till March 17

CFO News

India's fiscal prowess shines through as direct tax collections surge to Rs 18.90 lakh crore in FY 2023-24, accompanied by a notable rise in gross collections and advance tax figures.

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Boeing to spend $4B plus to fix safety, supply chain woes: CFO

CFO Dive

The aerospace company’s finance chief on Wednesday detailed some of the financial implications of the safety issues that have have recently plagued the company.

CFO 235
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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Generative AI & Business Policies

VCFO

Generative AI is Here. Are Your Policies Ready? If you’re a business owner or executive who doesn’t yet fully understand generative AI, you may be adopting a wait-and-see approach before establishing a policy regarding its use in your workplace. Generative AI, however, is not waiting around and has likely already made its way into your business in some form or another.

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Weekend Reading For Financial Planners (March 23-24)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients. Which could serve as a warning to firms to heighten their supervision of their advisors' texting practices and whether they are being recorded properly (perhaps with the help of available archivi

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Pernod Ricard India eyes market expansion through acquisitions, partnerships and new products, says CFO Richa Singh

CFO News

Pernod Ricard India, led by CFO Richa Singh, strategically expands in the alcohol-beverage sector. Singh emphasizes growth amid challenges, citing market opportunities and potential benefits from the UK trade agreement.

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Tech Q1 job cuts surge above 50K

CFO Dive

The latest figures show that layoff activity in the tech sector may be far from over despite a huge drop after the first quarter of last year.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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10-year TIPS reopening auction gets a real yield of 1.932%

Tips Watch

By David Enna, Tipswatch.com Blame it on the Fed. Early this week, it looked likely that today’s reopening auction of a 10-year TIPS — CUSIP 91282CJY8 — would generate a real yield to maturity of 2.0% or higher.

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Kitces & Carl Ep 134: Helping Clients Who Can’t Ever Get To ‘Enough’ (And When They Don’t Really Want To)

Nerd's Eye View

For many financial advicers, helping long-time clients identify and progress toward their goals eventually transitions into conversations around the best ways to enjoy the fruits of their labor once they reach them. Yet, for some clients, making the shift into retirement (or any other new stage of their lives) can often be a challenge for myriad reasons, which places the advisor in a unique position to help these clients understand the roadblocks they face and explore ways to overcome these obst

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Bikaji Foods target 12% market share growth in next three years, CFO prioritizes margin expansion

CFO News

Bikaji Foods International, under the guidance of CFO Rishabh Jain, unveils an ambitious growth strategy targeting a 12 per cent market share in three years. With a keen focus on maximizing capacity utilization, expanding into new regions, tapping into rural demand and enhancing margins, the company demonstrates a comprehensive approach to sustainable growth.

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Fed forecasts three, quarter-point rate cuts in 2024, holds main rate steady

CFO Dive

Central bank officials upgraded their projection for 2024 growth to 2.1% while predicting unemployment will end the year at 4%.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.