Strategy & Operations: Page 32


  • Digital technology vector background depicting a cyberattack.
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    WhataWin via Getty Images
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    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
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    Olivier Le Moal via Getty Images
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    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 April 4, 2023
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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
  • Trump Organization Ex-CFO Allen Weisselberg's Criminal Tax Fraud Trial Continues
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    Nichael M. Santiago / Staff via Getty Images
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    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 April 3, 2023
  • Consumer looks at window sticker on car with pricing information.
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    Tim Boyle via Getty Images
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    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 April 3, 2023
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
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    Michael Santiago/Getty Images via Getty Images
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    IPO proceeds slump 61% amid risk of credit squeeze: EY

    Turbulence in the banking system will likely tighten a credit squeeze and worsen a downturn in initial public offerings.

    By March 31, 2023
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    Bruce Bennett via Getty Images
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    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 March 30, 2023
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    Alex Wong via Getty Images
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    Business spending outlook ‘deteriorated’: Fed CFO survey

    CFOs were planning to reduce expenditures before turmoil in the banking system threatened to provoke a credit tightening.

    By March 29, 2023
  • Image of person standing in front of a large financial statement projected on the wall.
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    NicoElNino via Getty Images
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    FASB maps ‘one-stop shop’ expense disclosure proposal

    The proposed expense disclosures could be costly for companies. The FASB has been considering the more stringent standards for at least two decades.

    By March 29, 2023
  • Angela Pierce, CFO at Anaconda
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    Permission granted by Anaconda
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    Deep Dive

    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
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    Viorika via Getty Images
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    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
  • Ransomware virus has encrypted data. Attacker is offering key to unlock encrypted data for money.
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    vchal via Getty Images
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    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 March 28, 2023
  • Accountant using calculator.
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    Stock photo via Getty Images
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    PCAOB proposes updated standards, faster audit filing

    The audit watchdog aims to update and unify interim standards created 20 years ago, aligning its rules with new independence requirements and advances in technology.

    By March 28, 2023
  • A Nikola truck close up on the logo
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    Courtesy of Nikola
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    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
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    Khosrork via Getty Images
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    Q&A

    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
  • Image of magnifying glass and the word audit beneath it.
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    Olivier Le Moal via Getty Images
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    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
  • Barista at Luckin Coffee shop.
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    Getty Images via Getty Images
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    Luckin Coffee’s ‘revenue reckoning’ takeaways

    The Beijing-based company was initially viewed as a kind of David poised on its home turf to take on the Goliath of the coffee world — Starbucks — in China.

    By March 24, 2023
  • U.S. economy contracted for second consecutive quarter
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    Baris-Ozer via Getty Images
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    Banking turmoil may trigger recession: Fannie Mae

    Small- and mid-size banks will likely tighten credit in the coming months, increasing the odds of a downturn this year, economists said.

    By March 24, 2023
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    fizkes via Getty Images
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    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
  • Papers about ESG Environmental, Social and Corporate Governance and notepad.
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    designer491 via Getty Images
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    ESG poised to gain traction as CFO priority: Gartner

    Many organizations are shifting away from a purely “risk management” approach to ESG and are viewing it as a way to attract customers, investors and talent — a trend that will only increase in coming years, according to Gartner.

    By March 23, 2023
  • A row of oversized NFL helmets.
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    Duane Prokop/Getty Images via Getty Images
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    NFL poaches NBC Sports CFO

    Christine Dorfler is departing from her 20-year tenure at NBCUniversal to fill the CFO shoes of an NFL C-suite veteran.

    By Elizabeth Flood • March 22, 2023
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images
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    Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

    The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

    By March 22, 2023
  • A Papa John's sign.
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    Joe Raedle / Staff via Getty Images
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    Papa Johns CFO resigns

    Ann Gugino, who has been at the pizza chain since 2020, is leaving effective May 31. Papa Johns has begun a search for a permanent CFO. 

    By Julie Littman • March 22, 2023
  • Exterior shot of federal building with eagle statue, tree branches
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    Alex Wong via Getty Images
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    Fed likely to hike main rate despite banking turmoil: economists

    Banks will likely reduce lending in coming months, complementing Fed efforts to cool the economy while increasing the risk of recession, economists said.

    By March 21, 2023
  • Business person handles accounting
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    shih-wei via Getty Images
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    Accountants head overseas for talent

    The lure of sexier jobs in the tech sector has cut into the number of U.S. students pursuing accounting careers. Looking abroad for talent may be the next best move.

    By Elizabeth Flood • March 21, 2023
  • Several passengers in silhouette walk through a concourse at Ronald Reagan National Airport.
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    Travel + Leisure CFO talks uptick in travel, bleisure

    Despite headwinds on travel from the pandemic, CFO Mike Hug has continued to capitalize on new opportunities within the industry.

    By Elizabeth Flood • March 20, 2023