Cyberattacks hit almost all companies last year, Sophos says

A constant barrage of malicious activity has organizations reeling, negatively impacting their ability to accomplish IT projects or dedicate time to strategic issues.

By Matt Kapko • April 4, 2023

Esker, HighRadius top C2C software rankings

Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.

By Alexei Alexis • April 4, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

No, AI isn’t coming for your CFO seat

CFOs are likely here to stay for the foreseeable future, despite predictions that automation will transform corporate finance functions, experts say.

By Alexei Alexis • April 3, 2023

Ex-Trump CFO, facing fresh legal pressure, swaps attorneys

The legal turmoil still swirling around the Trump Organization’s former CFO shows just how closely intertwined a finance chief’s fate is with that of the organizations they serve.

By Maura Webber Sadovi • April 3, 2023

WANdisco appoints interim CFO as finance chief, CEO step down

The British cloud computing company said the resignations of the firm’s CEO and CFO are not connected to the ongoing investigation into the company’s finances.  

By Grace Noto • April 3, 2023

Marketers, pricers are out of sync on inflation strategy

CFOs have major decision power when it comes to developing pricing — the fastest lever companies can pull to adjust to inflation, Revionics’ Matt Pavich says.

By Suman Bhattacharyya • April 3, 2023

Weighing pros, cons of ‘fractional’ CFOs

A fractional CFO could help companies achieve their strategic goals, but firms must carefully weigh the pros and cons of making such a choice.   

By Grace Noto • March 31, 2023

Rolls-Royce taps first woman CFO in leadership shakeup

The leadership change follows the installment of Tufan Erginbilgic as the company’s new CEO in January.

By Alexei Alexis • March 31, 2023

Alibaba Group CFO stays put

Alibaba Group’s CFO will stay on as the company evaluates the shape and nature of its planned split into six distinct entities.

By Grace Noto • March 30, 2023

Bed Bath & Beyond files to raise $300M in market

In spite of the struggling retailer’s creative efforts to raise capital, Morningstar analysts wrote Thursday that they still expect the firm to eventually declare bankruptcy. 

By Maura Webber Sadovi • March 30, 2023

Finance staff digital skills outstrip leadership: study

As AI and automation continue to advance, the digital skills of finance staffs are outstripping those of senior executives — leading to challenges managing and engaging skilled talent.

By Grace Noto • March 30, 2023

GPT-4 draws more heat as AI advocates file FTC complaint against OpenAI

An AI advocacy group’s complaint arrived the same week FTC Chair Lina Khan said AI was top of mind for the agency while speaking at an antitrust summit.

By Lindsey Wilkinson • March 30, 2023

Ex-CFO convicted of tax evasion, hiding offshore accounts

The ex-CFO of a Russian natural gas company was found guilty of concealing his ownership of more than $93 million in offshore assets and failing to file and pay income taxes for several years.

By Alexei Alexis • March 29, 2023

Women CFOs: Raising their hands

From promotions amid pregnancies, fake engagement rings and surprise opportunities, these women leaders have faced highs and lows on their way to finance leadership.

By Elizabeth Flood • March 29, 2023

Alibaba to split into six groups, chases IPOs

The Chinese e-commerce giant will split into six separate groups in a move that follows declining tech valuations and a regulatory crackdown on the country’s tech sector.

By Grace Noto • March 29, 2023

CFO churn persists with FleetCor, Corcentric

Payments companies FleetCor and Corcentric are the latest to name new CFOs as churn in the industry continues.

By Elizabeth Flood • March 29, 2023

Experts warn against ransomware complacency

Despite reports of fewer ransomware-related cyber insurance claims and decelerating premiums in 2022, experts say the threat is still serious and evolving.

By Alexei Alexis • March 28, 2023

Embattled EV maker Nikola promotes insider to CFO

The EV maker’s CFO is stepping down following managerial turmoil in recent years.

By Elizabeth Flood • March 28, 2023

Bank failures could cause SMB credit crunch

“The current banking crisis could directly lead to a small business crisis if they are not able to quickly access the capital they need to sustain and expand their operations,” Biz2Credit’s CEO said.

By Anna Hrushka • March 28, 2023

Datarails aims for ‘grounded’ ChatGPT-like FP&A tool

The tech company’s goal is to provide CFOs with a tool in the style of the popular ChatGPT service, but without some of the same accuracy and data privacy challenges.

By Alexei Alexis • March 28, 2023

Hertz CAO takes interim CFO seat

Hertz’s CAO will assume interim financial leadership as the company looks to take advantage of recovering travel and boost its technology investments.

By Grace Noto • March 27, 2023

Talent shortage frustrates internal auditors

As AI swiftly extends the finance function’s potential for efficiency, audit leaders are concerned about the lack of skilled workers to support new advancements.

By Elizabeth Flood • March 27, 2023

Ally Financial taps Goldman vet for CFO seat

Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.

By Alexei Alexis • March 24, 2023

CFOs key to shaping digitization efforts: study

With technology teams overloaded, the discerning CFO’s hand is crucial to shaping company digitization efforts.

By Grace Noto • March 24, 2023

Hindsight 2020: An unlikely road to Snowflake’s CFO seat

From a travel excursion to Italy to uncovering massive fraud, Mike Scarpelli had his fair share of challenges on his way to the CFO seat.

By Elizabeth Flood • March 23, 2023