S. Venkat
Co-Founder

Do friends make great business partners?

Business with friends is like a double-edged sword. Even though they can be the best partners to do business with, given the comfort we share with them, it comes at a cost. Managing business with friends as partners needs a fine balancing act between professional and personal aspects of the relationship.Running a business with a friend is like two batsmen who are so comfortable with each other who can run a quick single without calling for a run.
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Deepak Narayanan
Co-Founder

Smart performance, communication skills yield better results for CFOs

In recent years, CFOs have assumed increasingly complex, strategic roles focused on driving value creation across the business. Growing shareholder expectations and activism, more intense M&A, mounting regulatory scrutiny over corporate conduct and evolving expectations from the finance function have put CFOs in the middle of corporate decisions.
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Vijay K
Executive Director &
Lead CFO Partner

Whether Managerial Remuneration provisions in Section 197 of the companies Act 2013 are applicable to Private companies?

In this artcile, the author has elaborated and justified the proposition that Section 197 is not applicable to private companies and these companies, whether with adequate or inadequate or nil profits, can pay any amount to their managerial personnel without Central Government approval. There is a controversy whether the provisions relating to payment of managerial remuneration contained in Section 197...
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Ramnath S
Executive Director &
Lead CFO Partner

Efficiency of Collections– the role of CFO in DSO management

CFOs are the most anxious people when it comes to reducing the number of Days Sales Outstanding (DSO) from customers. After all, they are well aware that if the cash runs, out, one goes out of business! Clearly, there is a growing expectation from CFOs to play a critical role here, and finance organisations are being empowered, even restructured, to make high impact decisions in this area.CFOs believe that a ‘sale is not complete till all dues are collected’, and they have the responsibility of impressing this maxim upon the entire customer-facing team.
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Shravan Doshi

MyCFO Comic Strip

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