Inflation is one reason SPAC redemptions are rising

Frank Sinatra sang "That’s life!" and in the SPAC arena that sentiment does not sound so different than "That’s SPAC!" Economic circumstances are not as sweet as they once were.

By Daniele D'Alvia • Nov. 9, 2021

Proportion of businesses raising pay hits 48-year high: NFIB

Nearly half of small businesses can't fill job openings, and three out of four have either raised pay or plan to soon do so, a survey showed.

By Jim Tyson • Nov. 9, 2021

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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

Close faster and with more confidence by implementing an integrated and automated financial close solution

As organizations continue to grow, the technology needed to support back-office teams must keep up with the pace of change and acceleration.

Nov. 8, 2021

Intentional versus unintentional expense fraud: How finance leaders can detect and prevent fraud

The first step to setting up the right controls and safeguards is understanding how expense fraud takes place.

By Khushboo Koutu, Marketing Director • Nov. 8, 2021

Ransomware criminals targeting confidential M&A data, FBI warns

Ransomware attacks hit at least three publicly traded U.S. companies negotiating M&As from March until June 2020, the FBI said. The talks were not publicly known at two of the companies.

By Jim Tyson • Nov. 5, 2021

SaaS companies quickly replacing subscriptions with usage-based pricing

Most fast-growing companies today make money based on consumption rather than number of users, a survey shows.

By Robert Freedman • Nov. 4, 2021

Co-sourcing called best way to leverage tax function as planning asset

Until tech tools mature and tax professionals come with data-crunching skills, CFOs can't be sure they're adequately incorporating tax issues into strategic decision-making, a tax specialist says.

By Robert Freedman • Nov. 3, 2021

Glossier brings on new CFO, chief commercial officer

Incoming CFO Seun Sodipo's background in M&A and public markets may signal the direct-to-consumer cosmetics company hopes to buy up other brands — or is eyeing its own exit.

By Caroline Jansen • Nov. 2, 2021

ESG 'make-or-break' factor for leading investors: PwC

Most investors want companies to demonstrate a commitment to sustainability but would not tolerate a reduction in returns of more than one percentage point, PwC said.

By Jim Tyson • Nov. 1, 2021

Florida's allure for companies with climate and sustainability goals

Florida's energy initiatives, tax breaks and reliability help companies achieve net zero faster.

Nov. 1, 2021

CFOs responding to inflation by raising prices, earnings calls show

CFOs say during quarterly earnings that they are passing on increased costs to consumers, raising the prospect that inflation will flare higher. 

By Jim Tyson • Oct. 29, 2021

CFO on why Bright Machines is going public via SPAC

Given the manufacturing automation company's capex-heavy model and its ability to help today's supply chain problems, merging with a blank-check company was seen as the way to go, says Michael Keogh. 

By Robert Freedman • Oct. 28, 2021

Third-party vs. in-house functions: a CFO checklist

When critical but time-consuming finance and accounting tasks limit strategic thinking, outsourcing becomes an attractive option.

By Billy Leigh • Oct. 26, 2021

Companies raise wages as inflation, worker shortages persist

One out of three companies view rising cost pressure as their biggest risk, according to a National Association for Business Economics survey.

By Jim Tyson • Oct. 25, 2021

Hedge fund sells holding in SPAC backing Trump as shares soar

Saba Capital divests of Digital World, a SPAC funding a Trump online venture, as retail investors rush to buy shares.

By Jim Tyson • Oct. 22, 2021

Cyberattacks spurring demand for cyber insurance: Moody's

“This is a critical area that we’re challenged with,” Securities and Exchange Commission Chair Gary Gensler said, describing the agency’s sharper focus on cyber risk.

By Jim Tyson • Oct. 21, 2021

11 CFO tips for riding the rising tide in ESG activism

CFOs eager to steer clear of shareholder activists should publicly embrace sustainability despite flaws in the measurement of best practices.

By Jim Tyson • Oct. 20, 2021

'Programmatic' M&A strategy pays off the most: McKinsey

“Carefully choreographing a series of deals around a specific business case or M&A theme” generates the highest return for shareholders at the lowest risk, McKinsey said.

By Jim Tyson • Oct. 18, 2021

Risk management called best guide for creating subsidiaries

Know whether you’re trying to solve a tax, intellectual property or other type of problem before committing resources to an entity in another country, say finance and legal specialists.

By Robert Freedman • Oct. 18, 2021

State workforce development initiatives help businesses strike a bullseye when targeting talent

People are moving to Florida in droves. Now companies are keying in on how the state keeps their workforce at its best.

Oct. 18, 2021

Catching mistakes before they catch you: Why you should apply automation to your risk management strategy

Manual processes do not offer real-time visibility into the close process, so organizations lose valuable insights on existing or potential risk.

Oct. 18, 2021

Boards facing regulatory scrutiny intensify focus on ESG

Corporate directors are waking up to the need to weave sustainability best practices into business strategy, surveys show.

By Jim Tyson • Oct. 15, 2021

Fed-backed panel of companies urges quicker pace to LIBOR phaseout

A group of financial services companies echoed recent regulatory warnings about market instability and called for more robust efforts to wind down LIBOR before a Dec. 31 deadline.

By Jim Tyson • Oct. 14, 2021

Ill-timed 409A valuations said to risk hurting company talent hunts

Getting the share price valued before it’s needed can lead to over-pricing, which can make employees’ deferred compensation too expensive to access.

By Robert Freedman • Oct. 13, 2021

Small business optimism falls amid inflation, labor shortage

Small businesses are responding to a tight labor market with plans to raise compensation during the next three months, the National Federation of Independent Business said.

By Jim Tyson • Oct. 13, 2021