Note from the Editor-in-Chief

A change in ownership and what it means for our readers.

By Davide Savenije • Dec. 3, 2024

Inside T. Rowe Price’s AI-driven spend transformation

Steps to overhaul the company’s spending approach have resulted in cost savings of more than $40 million, according to procurement chief Harold Wu.

By Alexei Alexis • Dec. 3, 2024

Explore the Trendline➔

Compensation: solving the cost-talent puzzle

In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.

By CFO Dive staff

US manufacturing shrinks for eighth straight month: ISM

Some concerns about federal policy have eased since the November election, giving C-suite executives firmer footing as they complete business strategies for 2025.

By Jim Tyson • Dec. 2, 2024

Inflation accelerates as Fed officials view easing with caution

Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.

By Jim Tyson • Nov. 27, 2024

Top takeaways from 2024 MIT Sloan CFO conference

Many finance leaders at this year’s MIT Sloan CFO conference seemed buoyed by recent rate cuts and the prospect of a more business-friendly climate in the offing. 

By Maura Webber Sadovi • Nov. 26, 2024

AI rush is fueling tech debt ‘tsunami’: Forrester

The research highlights the growing challenges faced by businesses as they scramble to adopt AI and avoid falling behind competitors.

By Alexei Alexis • Nov. 26, 2024

Intuit rolls out AI QuickBooks enhancements as CEO eyes AI agents

The upgrades to QuickBooks come as the firm targets AI agents that could potentially replace CFOs and other executives in the C-suite, the CEO said.

By Suman Bhattacharyya • Nov. 25, 2024

Rise in US health benefit costs to accelerate to 10.2% next year: WTW

More than half of employers plan to trim health care costs by implementing strategies such as pharmacy benefit management, WTW said.

By Jim Tyson • Nov. 22, 2024

Climate protesters disrupt Saudi Aramco CFO talk at MIT conference

Saudi Aramco CFO Ziad Al-Murshed’s talk ended abruptly Thursday after climate protesters took the stage at the MIT Sloan CFO Summit in suburban Boston.

By Maura Webber Sadovi • Nov. 22, 2024

CFOs zero in on AI ‘auditability’ for 2025: Visual Lease

CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.  

By Grace Noto • Nov. 21, 2024

KPMG to invest $100M in Google Cloud effort

The move expands an existing alliance as KPMG looks to bolster its consulting services, including by developing advanced generative AI agents.

By Alexei Alexis • Nov. 21, 2024

3 CFO steps for finding opportunity in geopolitical instability: McKinsey

The financial and political order built after World War II faces mounting challenges to the flow of goods, capital and services and outright conflicts in the Middle East and Ukraine.

By Jim Tyson • Nov. 19, 2024

Spirit Airlines cleared $5.4M in retention awards before bankruptcy

The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.

By Maura Webber Sadovi • Nov. 19, 2024

C-suites vie for shrinking pool of experienced CFOs: Russell Reynolds

There’s a growing “agnosticism” surrounding the age of finance chiefs as the supply of experienced CFOs grows more constricted, Russell Reynolds’ Jenna Fisher said.  

By Grace Noto • Nov. 19, 2024

Audit committees expand oversight to ESG, cybersecurity, AI: EY

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

By Jim Tyson • Nov. 18, 2024

Spirit CFO says post-pandemic airline sector is ‘unrecognizable’

Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.

By Maura Webber Sadovi • Nov. 18, 2024

Maximizing ROI on corporate travel: A CFO’s perspective

CFOs are crucial in managing business travel costs but how do they ensure maximum ROI? Read it here.

Nov. 18, 2024

Retail sales rise in hint of cheer for holiday consumer spending

Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.

By Jim Tyson • Nov. 15, 2024

How Trump 2.0 could revamp tax policy

Businesses need to prepare for potentially “fast moving” changes to tax policy as questions swirl around President-elect Trump’s plans, EY’s Martin Fiore said.

By Maura Webber Sadovi • Nov. 15, 2024

Economists predict above-trend economic growth in 2025: Wolters Kluwer

Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.

By Jim Tyson • Nov. 14, 2024

Federal watchdog flags restrictive licensing practices in cloud

The U.S. Government Accountability Office uncovered vendor management processes across several federal agencies that led to cost overruns.

By Matt Ashare • Nov. 14, 2024

Inflation edges up, highlighting Fed’s bumpy path to stable prices

Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.

By Jim Tyson • Nov. 13, 2024

Small business optimism rose before election despite uncertainty: NFIB

Nine out of the 10 factors that determine the NFIB’s optimism index increased last month, including the outlook for business conditions.

By Jim Tyson • Nov. 12, 2024

Xactly CFO looks to non-finance talent to fill accounting gaps

Teaching employees without a traditional finance background to speak the language can help circumvent ongoing talent shortages, CFO Jason Godley said.  

By Grace Noto • Nov. 12, 2024

4 tech issues to watch in Trump’s second term

AI, cloud and cybersecurity policies are in the spotlight ahead of the forthcoming Trump administration.

By Roberto Torres • Nov. 12, 2024