Explore Sourcing Solutions of the Future with Imarticus Learning’s Corporate Solutions

Explore Sourcing Solutions of the Future with Imarticus Learning’s Corporate Solutions

Businesses need to build a team that can perform consistently and work towards achieving the vision and mission of an organisation. This is critical for success. Hiring the right talent can provide a competitive edge for the business. There is a scarcity of talent in current times. Thus, organisations are struggling to meet the increasing talent requirements.

It is not possible to hire the right talent and meet the changing business requirements with a traditional approach. The modern workforce is looking for employers that can go the extra mile. Thus, they should adopt a modern approach towards sourcing the right talent from the market.

The corporate solutions from Imarticus Learning can help a business modernise its approach towards sourcing and retaining the workforce.

What are Imarticus Learning’s Corporate Solutions?

Imarticus Learning is a leading name in the Indian EdTech industry. It has a large pool of talented workers who are willing to test their skills in a new job. As a result, Imarticus works with several businesses to meet their talent requirements. As part of its corporate solutions, Imarticus Learning offers several services. These include strategic sourcing solutions, induction for new hires, upskilling opportunities for the existing workforce and management development programs.

One of the most sought-after services on the corporate side is enterprise recruiting solutions. They also offer modern hiring solutions like the hire-train-deploy model. Modern sourcing solutions help corporates\ meet their evolving talent requirements. Hence, they can build a steady pipeline of talented workers.

How Imarticus Learning’s Corporate Solutions can Help a Business

The corporate solutions from Imarticus Learning can play an integral role in adopting a modern approach towards sourcing solutions. They can provide a highly skilled workforce in less turnaround time. Businesses need not rely on traditional methods of staff hiring. They can opt for Imarticus Learning’s enterprise recruiting solutions to get the right person for the job. This will significantly lower costs and time.

There are other key solutions like management development programs and upskilling opportunities for existing staff. They can help the existing staff to perform better in their jobs. These are some of the ways that a business can use the corporate solutions from Imarticus Learning to stay ahead of the competition.

Advantages of Using Imarticus Learning’s Corporate Solutions

  • Reduced cost of hiring

This is a modern approach to hiring using new sourcing solutions. Thus, a business can reduce the cost of hiring new staff by opting for corporate solutions from Imarticus Learning.

  • Better performance

Imarticus Learning can provide highly skilled workers to a business. Thus, an improvement can be seen in the team’s performance. At the same time, the existing workforce can also make use of the courses available across departments. This will help them improve their performance level.

  • Quick turnaround time

Several businesses struggle to close vital job positions in time. This is due to the several challenges involved in a traditional approach. The hire-train-deploy and induction solutions from Imarticus Learning can help a business close job positions in comparatively less time.

Conclusion

Imarticus Learning offers a wide range of courses across key areas. These include IT, finance, marketing, management, analytics and leadership. These courses can be used for the existing talent and the new hires to build a high-performing team.

At the same time, the partnership with Imarticus Learning will also improve the employer’s reputation in the market. This, they will be able to attract applications from talented workers.

The Chief Financial Officer Course: IIM Indore leadership programs

The Chief Financial Officer Course: IIM Indore leadership programs

The Chief Financial Officer has a senior executive role and helps in managing the financial statements of the company. They are responsible for tracking cash flow and doing financial planning, and thus, analysing the strength and weaknesses of the company. This helps them to strategise the trends that can be incorporated for the future of the company. 

With emerging technologies, it has become easy to undergo proper CFO leadership training. Without proper leadership skills, it becomes very difficult to carry out the role of a CFO in any company. Luckily, the IIM Indore CFO program will come in handy for people who are aspiring to become a CFO. 

We have cherry-picked the ways you can excel in the program and the natural traits that are required to become a Chief Financial Officer in an organisation. 

Significance of a Chief Financial Officer in a Company

 

The Chief Financial Officer holds the top position in any business organisation. They help in forecasting the organisation’s current financial standing based on the financial data and reports. They are responsible for providing a strategic direction to the CEO to improve the business’s financial situation. 

Here we have listed down some significant roles of a CFO that will interest you in pursuing this career. 

Leadership Skills 

The CFO of a company is an enabler to assemble a successful finance and accounting team. They lead up to this group and assign different roles and responsibilities. They are also responsible for making appointments to the team such as a tax specialist or an auditor. 

Knowledge of the Industry 

The CFO creates a benchmark of the industry against its peers. Having proper industry knowledge is the key role of a CFO. They help in strategising different techniques to make their organisation reach its zenith and play according to their strengths.

Risk Management 

 Risk management is a pivotal role that is played by the CFO of a company. They help in terms of regulatory compliance and look forward to preventing any danger that might arise from too much debt or too little liquidity. The role of the CFO is to mitigate risks associated with brittle supply chains, poor implementation of technology and improperly hired contractors. 

Skills Required to Become a CFO

Becoming the Chief Financial Officer of a company is immensely prestigious. They hold one of the top positions in the hierarchy and have a major role to play in an organisation. Here, we have jotted down some skills that are required to become a successful CFO in a business organisation. 

  • Having proper communication skills to navigate the team towards success. 
  • Quick and agile decision-making procedure that sets them apart from other leaders. 
  • Having problem-solving capabilities that will help them outshine themselves in the industry. 
  • Having proper time management skills and the ability to stick to deadlines. 
  • Proper knowledge about the financial setting of the company and using the strengths of the company to highlight its reputation.
  • Should pursue financial markets certification courses to have a keen insight into the market. 

IIM Indore CFO Leadership Program 

If you want to master new-age financial skills and become a successful CFO, you can take up the course provided by IIM Indore. It is a one-year course that covers the role of technology in transforming the CFO’s horizon of work. This course will also benefit you to brush up on your leadership skills as well. It is a postgraduate certificate program that you can pursue once you are done with your bachelor’s degree. 

Objectives of IIM Indore CFO Program

The IIM Indore CFO program is not just a mere financial markets certification course. It encompasses all the horizons of Fintech and how it has been changing dynamically in the modern world. Here are the objectives that define the course. They are: 

  • To identify any form of critical regulations and evaluate attributes that can create a high-performance organisation. 
  • To examine various corporate strategies at ease and create modules of value creation that will help the aspirants to lead any type of legacy organisation with emerging business models. 
  • To critically analyse the aspects of capital structure and formulate feasible financial strategies that help in managing an organisation’s treasury, and thus, mitigating any kind of risk. 
  • To develop proper decision-making skills and strategy in any critical business function. 
  • To discover the power of data in any decision-making procedure and be more accountable to understand strategic and scientific approaches to any marketing analytics. 
  • To harness continuous improvement and help with making disruptive changes for the benefit of the organisation. 

Conclusion 

The role of CFO plays a vital role in any business organisation. The entire spectrum of profit and loss of an organisation depends upon the performance of the CFO. If you want to take up the course of CFO leadership, do check out Imarticus Learning’s IIM Indore CFO program. Do check out their brochure right away! 

Tax planning: The skill that you need to master in 2023

Tax planning: The skill that you need to master in 2023

Finance courses are the hottest ones in the commerce stream because they are so useful. Both from the perspective of knowledge and career, they rank highly. 

But, which section of the finance courses offers the best prospects? According to the opinion of experts, tax planning is one of the best fields in this particular career stream. A tax planning course equips you with critical information. And, the career of a tax analyst and consultant offers unlimited growth. It can even give you an opportunity for self-employment. 

What is tax planning?

Taxes can take away a part of your annual income. Thus, tax planning is necessary beforehand. It is a way of lowering tax liabilities in a particular financial year. It helps you utilise the tax provisions in the country to minimise liability.

executive management training

The definition of tax planning is quite simple. It analyses one’s financial standpoint, concerning tax efficiency. Apart from PG in finance courses, banking diploma courses after graduation are also helpful in making you a tax consultant.

What is the objective of tax planning?

Tax planning is the cynosure of any individual or corporate body’s financial plans. The sole purpose of it is to ensure that one can make tax savings. It also allows a capital entity to conform to the Income Tax Act, 1961’s legal obligations. 

Apart from saving money, tax planning helps to ease one’s financial burdens, giving them an understanding of how to use several tax benefit rules. But, saving money and lessening the tax burden is not the only aim of tax planning.

As a tax consultant, you shall also be able to advise your clients how to invest while helping them keep an eye on what transaction or financial action draws the least amount of taxation. 

Apart from that, you will also help them to manage their taxes in a better way. One of your other unspoken responsibilities is to ask people to conform to the tax obligations they owe to the government as per the Income Tax Act, 1961. 

You will also be able to save people from paying extra on several forms of charges. All in all, you will have to deal with direct and indirect taxation while helping out your clients. 

What are the benefits of tax planning?

  • Saves you from tax litigation

Resolving tax disputes with local, state and central authorities or foreign entities and tax authorities is covered under tax litigation. Tax collectors and taxpayers have been jostling for centuries. One tries to extract the maximum while the other attempts to keep minimum tax liability and avoid a tax dispute. This helps to avoid any type of tax-related litigation.

  • Reduction of tax liabilities

Reducing the tax burden is every taxpayer’s wish. Some instruments and benefits are provided under the Income Tax Act, 1961. A tax consultant has to help his/her client match the right scheme, which ensures the client’s minimum tax liability and maximum tax benefit.

  • Ensure stability of the economy 

As mentioned above, a tax consultant has some duty towards the country. With the help of effective tax planning, they help in the influx of white money for the country’s growth and help the economy and the citizens enjoy the benefits of a stable economy. 

  • Leveraging productivity

By channelling funds from sources that can be taxed to several investments generating revenue, a tax planner ensures the optimal use of funds for increasing a client’s liquid cash reserves. This way,  they ensure that the money stays productive and does not stagnate in a savings account.

Types of tax planning consultants do 

Apart from reducing a client’s tax liabilities, a tax planner/consultant helps to invest in the right securities. This way, a tax planner helps clients to achieve their financial goals.

They perform four critical types of tax planning:

  • Short-range tax planning

In the concluding part of a financial year, the tax plans are executed by allowing investors to limit their tax liability legally.

  • Long-term tax planning

This plan is initiated in the beginning part of the financial calendar and the execution is carried out. The tax benefits will not be immediate, but they give several capital gains and reduce tax liability in the long run.

  • Permissive tax planning

Tax planning under several Indian taxation law provisions like the deductions, incentives and exemptions under Section 80C of the Income Tax Act 1961 is called permissive tax planning.

  • Purposive tax planning

With a specific aim in mind, a tax planner or consultant uses several tax saver instruments to create the appropriate investment opportunities and help the client diversify assets.

If you are interested in becoming a tax planner, then you should choose the best postgraduate finance courses in India from Imarticus Learning, which will help you to embark on your taxation career. So, don’t hesitate and enrol now!