Strategy & Operations: Page 20


  • Close-up stock photograph showing a touchscreen monitor on which a woman’s hand is asking an AI chatbot pre-typed questions.
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    Laurence Dutton via Getty Images
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    Finance teams lag behind HR, legal in AI adoption: Gartner

    “CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.

    By Nov. 14, 2023
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    Stephen Lam via Getty Images
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    Escalating SaaS prices outpace CPI inflation

    Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice. 

    By Nov. 14, 2023
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    lorozco3D via Getty Images
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    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
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    OlyaSolodenko/iStock via Getty Images
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    Fed whipsawed on key signals for inflation expectations

    With just a month before their next meeting, Fed officials are tracking expectations for inflation as a sign of whether businesses will raise prices and workers will demand higher pay.

    By Nov. 13, 2023
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    Permission granted by TravelBank
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    Sponsored by TravelBank

    4 ways streamlining T&E can speed up the month-end financial close process

    To speed up expense reconciliation — and, in turn, the financial close — companies need to ditch manual processes and embrace solutions that make managing travel and expenses faster and easier.

    Nov. 13, 2023
  • Economic growth
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    Lemon_tm via Getty Images
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    Opinion

    Why CFOs must remove barriers to growth in a ‘deadweight’ economy

    What sets apart leading efficient-growth companies is the way they remove barriers or “growth anchors” that impede action, Gartner’s Dennis Gannon writes.

    By Dennis Gannon • Nov. 10, 2023
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    Win McNamee via Getty Images
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    Powell says Fed’s inflation fight ‘has a long way to go’

    The Fed needs to see more signs of easing price pressures before declaring an end to monetary tightening, central bank officials said.

    By Nov. 9, 2023
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    CFO Editorial Staff
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    PCAOB chief chides auditors for blaming failures on talent shortage

    The quality of audits has trended “in the wrong direction for the second year in a row,” PCAOB Chair Erica Williams said.

    By Nov. 8, 2023
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    jeffbergen via Getty Images
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    Half of cloud transformations are ‘abject failures’

    As the technology matures, CFOs are asking CIOs to justify the business value of existing migrations, HFS CEO and Chief Analyst Phil Fersht said.

    By Matt Ashare • Nov. 8, 2023
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    David McNew via Getty Images
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    SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

    Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

    By Nov. 7, 2023
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    SARINYAPINNGAM via Getty Images
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    Banks tighten standards on loans to companies of all sizes: Fed

    Demand for commercial and industrial loans fell during the third quarter as the Fed pushed up the benchmark interest rate to a 22-year high.

    By Nov. 6, 2023
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    "Truist Plaza" by Tyler Lahti is licensed under CC BY-SA 2.0
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    Truist pushes ambitious reorganization in $750M cost-cutting plan

    CFO Mike Maguire says the bank is making good progress, as it grapples with a string of high-profile executive departures.

    By Nov. 6, 2023
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    shutterstock.com/Deemerwha studio

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    Sponsored by Paro

    A data governance blueprint for finance teams

    Learn how CFOs can establish controls and cross-departmental partnerships for stronger data governance.

    Nov. 6, 2023
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    Natalia Bratslavsky/iStock via Getty Images
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    NJ ranks worst in business taxes with NY close behind

    The Garden State may rise from dead last in corporate tax rankings if a 2.5% business tax surcharge expires at the end of this year as scheduled, the Tax Foundation said.

    By Nov. 2, 2023
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    Justin Sullivan via Getty Images
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    PayPal CEO pledges ‘leaner’ business, names new CFO

    Alex Chriss, who took the top post in September, tapped a new finance chief Wednesday and pledged to better focus the digital payment company's strategy.

    By Lynne Marek • Nov. 2, 2023
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images
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    Fed holds main rate steady, flags option of future hike

    The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

    By Nov. 1, 2023
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    Provided by Port Houston

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    Companies relying on foreign sales see Q3 earnings slump 4.7%

    The dollar rose against other major currencies during the third quarter, eroding revenues at large companies such as Pfizer and Exxon Mobil, FactSet said.

    By Oct. 31, 2023
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    Getty Images via Getty Images
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    Small businesses imperiled by credit crunch: Goldman

    Federal Reserve officials begin meeting Tuesday to assess several crosscurrents in the economy as companies adjust to the highest borrowing costs in 22 years.

    By Oct. 30, 2023
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    Justin Sullivan via Getty Images
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    McDonald’s CFO: Traffic dips despite ‘trade down’ gains

    The dip comes as Chicago-based McDonald’s has battled to offset rising costs by raising prices without alienating customers.

    By Oct. 30, 2023
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    Galeanu Mihai via Getty Images
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    Sponsored by Bellus Ventures

    The changing face of clean energy and tax strategy

    The Inflation Reduction Act has changed the tax landscape. CFO Dive spoke with Bellus Ventures and Thompson Coburn LLP to understand the steps that CFOs can take to stay ahead of the curve on clean energy investments.

    Oct. 30, 2023
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    insta_photos via Getty Images
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    Sponsored by Mercer

    Weighing the benefits: Why more employers are transferring DB risk

    Moving away from defined benefit plans as the primary retirement program doesn’t require terminating the plan outright.

    Oct. 30, 2023
  • An image of various pumpkins in green, white, orange and various sizes.
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    IvanMikhaylov via Getty Images
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    Consumers, inflation give hopeful Halloween retailers a dose of the scaries

    Total Halloween spending is forecast to hit $12.2 billion this year, but rising wage and sugar costs are cutting into profits.

    By Chris Gaetano • Oct. 27, 2023
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    Ensuring your separation agreements are OK as SEC steps up whistleblower protection

    Even private companies could be hit if the agency believes contract language discourages, not just prohibits, employees from talking with federal agencies. 

    By Robert Freedman • Oct. 27, 2023
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    Ezra Acayan via Getty Images
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    Opinion

    What businesses can learn from the F-35B fighter jet failure

    When planning complex projects, it’s important to focus on their core purposes without adding nonessential features, project management expert Dr. Te Wu writes.

    By Dr. Te Wu • Oct. 26, 2023
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    Alex Wong via Getty Images
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    Gensler says single platform of AI data may trigger financial turmoil

    While recognizing the transformative power of AI, Gensler said the technology will likely prompt “herding” in financial markets, creating instability.

    By Oct. 25, 2023
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    Getty graphics via Getty Images
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    Risks to earnings put CFOs on defensive: AFP

    Rising borrowing costs are straining balance sheets and complicating efforts by CFOs to refinance debt.

    By Oct. 24, 2023