Block’s Ahuja chases bitcoin users for Cash App

The digital payments company believes bitcoin “has the potential to transform the global transmission of money,” Block CFO Amrita Ahuja said Thursday.

By Suman Bhattacharyya • June 9, 2023

3 CFO tips for raising productivity: McKinsey

By taking steps toward streamlining and adaptation, companies can reverse a slump in U.S. productivity and increase profits and employee wages, McKinsey said.

By Jim Tyson • June 9, 2023

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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

Building resilience, funding sources critical to riding out a storm

The more efficiently you run your operations, the longer your company’s cash cushion will last. Industry-specific tools can help, Luke Voiles writes.

By Luke Voiles • June 9, 2023

Strong demand helps Brown-Forman thwart high materials costs

The company’s CFO touts demand for high-end spirits products and the return of pre-pandemic travel that helped boost profit 36% year over year.

By Suman Bhattacharyya • June 8, 2023

Down rounds could be ‘lightning rod’ for CFO action

Despite their stigma, down rounds can help CFOs get the financial buffer they need to weather economic dips and set the company back on a course toward growth.  

By Grace Noto • June 8, 2023

SMBs expect 14% boost in finance tech spend on average

The need for consolidation, automation or better data is a top factor driving the spending increase, followed by a need to strengthen business value and a desire to generate growth amid macroeconomic pressures. 

By Alexei Alexis • June 7, 2023

CFO-CIO teamwork key to IT spend results: Gartner

Digital investments tend to require a high level of collaboration due to their complexity and cross-functional nature, says Gartner analyst Emily Riley.

By Alexei Alexis • June 6, 2023

GOP lawmakers tell Gensler not to bow to EU’s tough climate rules

The Biden administration aims to allow strict EU standards on climate risk to guide actions by U.S. companies, according to top Republican legislators.

By Jim Tyson • June 6, 2023

Contrarian investors keep office sale-leaseback market ‘open’

While office vacancies have soared due to the rise of hybrid work, office sale leaseback transactions ticked up to comprise 10% of the total sale leaseback transactions in the first quarter.

By Maura Webber Sadovi • June 6, 2023

Tight credit to trigger recession in final half of 2023: Moody’s

The U.S. service sector stalled last month, the Institute for Supply Management said Monday, adding to signs of a potential downturn in the months ahead.

By Jim Tyson • June 5, 2023

Strong hiring blurs Fed’s signal of pause in rate hikes

Robust payroll growth in May shows that the central bank, as part of its effort to curb inflation, has made limited progress in cooling the labor market.

By Jim Tyson • June 2, 2023

FASB tax disclosure plan draws fire

Some heated feedback elicited by the proposed new tax disclosure requirements suggests the road to consensus might still be rocky.

By Maura Webber Sadovi • June 1, 2023

CFOs should lead adoption of generative AI: Gartner

The rapid spread of generative AI has compelled top finance executives to weigh big opportunities from the new technology against its risks.

By Jim Tyson • June 1, 2023

Newly-minted Alation CFO shares lessons learned from Peloton

One month after joining Alation, former Peloton CFO and investment banking alum Jill Woodworth told CFO Dive what she’s bringing from past experiences to her new role.

By Elizabeth Flood • June 1, 2023

AI can double productivity in three years: Gartner

CFOs are more likely to succeed in adopting artificial intelligence if they take steps to overcome cultural obstacles to the new technology, according to a Gartner expert.

By Jim Tyson • May 31, 2023

Use case is key in getting started with AI: Gartner analyst

While generative AI holds immense promise, some use cases in the short term may be too risky without careful “stress testing,” says Gartner analyst Arun Chandrasekaran.

By Alexei Alexis • May 31, 2023

Prudential PLC CFO resigns amid recruiting conduct probe

The Hong Kong, China-based insurer said its CFO “fell short” of the high standards that Prudential PLC sets and expects all of its colleagues to adhere to.

By Maura Webber Sadovi • May 31, 2023

Consumer confidence sags on gloomy jobs outlook

The proportion of consumers who said jobs were hard to get rose in May, the Conference Board said.

By Jim Tyson • May 30, 2023

Nestlé poaches LSEG CFO amid sector churn

Two consumer goods giants announced CFO exits Tuesday. Only Nestlé named a successor.

By Maura Webber Sadovi • May 30, 2023

Visibility is key for protecting cash flow, Trovata CEO says

A new treasury platform is using ChatGPT technology to give finance chiefs higher visibility into their cash flow.

By Elizabeth Flood • May 30, 2023

Accounts payable shouldn’t be a cost center

CFOs are under growing pressure to drive efficiencies at zero cost. Leveraging intelligent automation to process invoices can help, Steven Cronin writes.

By Steven Cronin • May 26, 2023

Most small businesses worry about credit squeeze: Goldman

Inflation last month persisted at more than twice the Federal Reserve’s 2% target, raising the possibility that policymakers may raise borrowing costs again next month.

By Jim Tyson • May 26, 2023

WeWork CFO follows CEO out the door

Andre Fernandez’s swift exit marks the company’s fourth CFO transition since March of 2020.

By Elizabeth Flood • May 25, 2023

Fed officials disagreed on need to raise rates in June

Financial markets signal expectations that the Fed will reverse course and begin to trim borrowing costs as early as September.

By Jim Tyson • May 24, 2023

Zoom raises forecasts, continues on AI train

The company is positive in its look ahead for 2024, despite recent headcount reductions and a slowing business environment.

By Elizabeth Flood • May 24, 2023