Weekly Update: 3rd October, 2023
This week's selection of curated content relevant to finance professionals.
Is there a better way to capture India’s growth picture other than GDP?
GDP estimates based on an outdated base would not adequately capture new activities being undertaken in the economy. It is expected that revision of the base would result in capturing a lot of new activities being undertaken in recent years, due to both efforts of the present government and private initiatives. Read More
What India Inc can learn from ISRO’s success!
Most businesses like to focus on cash flow from operations. Research and development (R&D) are often neglected or non-existent. So much so, even shareholders’ mindsets have begun to work that way – R&D is often seen as an unnecessary cost, rather than a meaningful investment in the business’ future. Read More
Six measures India should implement for a credible and effective climate action
The path to a sustainable energy future is based on six determinates of green finance, smart global grids, diversified supply chain, fast-tracked clean energy adoption, biofuels and technology transfer and an inclusive and just transition. Read More
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The digital dawn: How CFOs are steering Finance into the tech-powered future
In the dynamic world of finance, technology plays a pivotal role. CFOs face the challenge of navigating a complex tech landscape, both in choosing the right technologies and integrating them effectively for efficiency and strategic growth.
Success in the digital era goes beyond financial metrics, requiring new strategies beyond ROI calculations. The rise of generative AI introduces opportunities and ethical/security considerations for CFOs.
Amidst the ongoing digital transformation in finance, the perspectives of industry luminaries like Mr. Sachin Zute, the CFO of Zensar Technologies, carry substantial weight. In a recent interview with CFO India, Mr. Zute shared insights on navigating tech selection, elevating tech capabilities, redefining success metrics, and harnessing the potential of generative AI in the realm of finance.
Please click on the link below to read the edited excerpts! Read More
IMA India’s 2023 Finance Department Benchmarking Survey findings: Insights and trends in finance function metrics
CFO India is pleased to introduce the findings of IMA India's 2023 Finance Department Benchmarking Survey. These findings serve as a valuable reference point for CFOs seeking to evaluate their efficiency and effectiveness in various financial aspects, enabling them to make informed decisions and align their strategies with industry standards and best practices.? The survey encompasses key areas such as budgets, staffing, technology usage, overall productivity, and the effectiveness of finance departments.
Please click on this link to read more!
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