As CFO, are you creating value or just working hard?

Plenty of CFOs work long hours. But, Boulevard CFO Greg Wookey asks, do their actions make a material difference to the company's growth? 

By Robert Freedman • Feb. 23, 2020

In turnaround bid, Teva tries to wring more savings out of manufacturing

The generic maker's push to reduce manufacturing costs follows a restructuring that's saved $3 billion but resulted in layoffs for thousands of employees.

By Kristin Jensen • Feb. 20, 2020

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

Major work stoppages have spiked in recent years

2019 brought the most major work stoppages the U.S. has seen in a decade, according to the U.S. Bureau of Labor Statistics.

By Jennifer Carsen • Feb. 20, 2020

After double-digit comp declines, Pier 1 reaches moment of truth

Any number of things could happen to the retailer at this point: reorganization, a sale, disassembly or liquidation. The coming weeks will determine its fate. 

By Ben Unglesbee • Feb. 20, 2020

Catching rogue staff before they cost your enterprise a bundle

You can expect a cash leakage of up to 5% of revenue if your security system is built around little more than periodic audits, a security specialist says. 

By Robert Freedman • Feb. 20, 2020

CFO moves to COO role in Nike shuffle

In sweeping c-suite changes by new CEO John Donahoe, CFO Andy Campion moves to COO and finance executive Matthew Friend takes over as CFO. 

By Cara Salpini • Feb. 19, 2020

With shrinking budgets, finance spending goes to new tech

As companies attempt to curb spending in advance of an unpredictable economy, finance teams continue pooling resources to implement the newest tech, a Hackett Group study found.

By Jane Thier • Feb. 18, 2020

Learning from P-Card pitfalls to improve the payment process

You risk diluting the benefits of e-payments if you adopt a system too hastily and cause integration problems. 

By Matt Clark • Feb. 17, 2020

CFO uses forums to get tough love from customers

Life sciences payments company Greenphire is using unfiltered customer feedback to improve its software, CFO Sue Vestri says. 

By Robert Freedman • Feb. 12, 2020

How can CFOs curb employee turnover rates?

The bottom line of replacing an employee far exceeds the cost of upping an existing employee's compensation. What is the CFO's role in improving retention? 

By Jane Thier • Feb. 12, 2020

Under Armour forecasts up to $60M revenue hit from coronavirus disruptions

The outbreak also puts at risk supply chain improvements that CFO Dave Bergman talked about on the company's fourth quarter earnings call.  

By Emma Cosgrove • Feb. 12, 2020

M&A: Integration is in, holding companies are out

Setting up a holding company for an acquisition that expands the scope of a company's business might make sense temporarily, but integration can make a better long-term solution.

By Ted Knutson • Feb. 11, 2020

Wyndham Hotels CFO moves to XPO Logistics

David Wyshner, who will start as finance chief on March 2, joins the supply chain provider amid its exploration of a potential sale or spinoff of its business units.

By Jane Thier • Feb. 11, 2020

Machine learning is nearly ubiquitous in finance, even if you don't know it

Many cloud-based finance and accounting functions already use AI that helps produce more accurate numbers than you otherwise could. 

By Robert Freedman • Feb. 11, 2020

CFO in the Know: Getting acquired in a 'snack-eat-snack' market

Small food companies often form in hopes of acquisition by giants like Hershey or Mondelez. How can CFOs best help their companies prepare for such large-scale acquisitions?

By Jane Thier • Feb. 11, 2020

CFO embeds team members outside finance to improve analysis, morale

The organization of your finance team can help you separate the noise from the signal, Eventbrite CFO Lanny Baker says. 

By Robert Freedman • Feb. 10, 2020

You've set the budget and it's Q1. Now what?

Monthly forecasting exercises offer CFOs 12 chances to perfect their plan. Here's how to get the most out of them.

By Jason Lin • Feb. 9, 2020

UBS global wealth management CAO replaces CFO

Amid a strategy overhaul announced last month, UBS is expected to cut the jobs of 500 senior wealth management employees.

By Jane Thier • Feb. 9, 2020

Survey: 60% of procurement leaders site risk from lack of financial transparency

Respondents in a Basware survey reported a direct correlation between their level of transparency and the success of their business.

By Morgan Forde • Feb. 7, 2020

Pods enable CFO to keep drug manufacturing costs down

AVROBIO hopes to offer drug therapy for a disorder that can cost $14M over a lifetime to treat. CFO Erik Ostrowski is doing his part by raising capital and practicing frugality.

By Robert Freedman • Feb. 6, 2020

A consultancy CFO's No. 1 KPI

According to Halloran Consulting's Tania Zieja, there is one KPI that is vital for finance, accounting and HR. 

By Jane Thier • Feb. 6, 2020

Reimbursement plans seen as cost-saving alternative to group insurance

Federal rules allowing companies to give employees money to buy their health insurance in the individual market just took effect.

By Robert Freedman • Feb. 5, 2020

Merck joins peers in spinning off lower growth drugs

Merck expects to receive up to $9 billion through a tax-free dividend and realize more than $1.5 billion in operating efficiencies by spinning out women's health and legacy drugs into a new company. 

By Jacob Bell • Feb. 5, 2020

Financial automation a must-have, CFO says

To stay competitive, companies must begin deploying technologies that can help them scale operations as their business grows, a survey shows.

By Robert Freedman • Feb. 4, 2020

2020 Trends: Middle market CFOs ready to spend on growth

Few CFOs think the economy will become an issue requiring them to take a defensive posture, a BDO survey finds.

By Robert Freedman • Feb. 2, 2020