Strategy & Operations: Page 86
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False claims expected to be principal source of Main Street loan enforcement
Companies who act in good faith and can back up their certifications "have little to fear" from federal enforcement, the Department of Justice says.
By Robert Freedman • July 27, 2020 -
Alabama Extension. (2020). "The Image" [Photograph]. Retrieved from Flickr.Opinion
Understand your coverage options in the face of 2020's triple risk threat
COVID-19, protest-related vandalism, and a severe hurricane season promise to test organizations' insurance against loss of business.
By Joseph Galanti and Peter Halprin • July 27, 2020 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital transformation, one smart step at a time
As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.
By CFO Dive staff -
"Uncharted-ERG_Mapbox-b046" by Mapbox is licensed under CC BY 2.0
Capital will flow to companies aiming at post-COVID-19 economy, funder says
Companies that must retool to compete once the pandemic goes away face a steeper hurdle attracting capital.
By Robert Freedman • July 26, 2020 -
Patience helps CFO pull off complex deals
A reverse merger and the use of convertible debt are part of the mix of deals PAVmed CFO Dennis McGrath has used to drive companies to success.
By Robert Freedman • July 23, 2020 -
Men's Wearhouse parent's CFO departs amid store closures, layoffs
Tailor Brands, which owns Men's Wearhouse and Jos. A. Bank, will cut 20% of its corporate workforce and close up to 500 stores, it said Tuesday. The CEO and newly hired chief restructuring officer will share interim CFO duties.
By Kaarin Moore • July 23, 2020 -
Remote work exposes payment system inefficiencies
Although most organizations want to automate payments, only about 8% have fully done so.
By Robert Freedman • July 22, 2020 -
Staff do worse when asked to report frequently, accounting study shows
The negative impact is magnified when the reporting is intended to help a supervisor evaluate performance.
By Robert Freedman • July 21, 2020 -
PE market remains healthy for COVID-unaffected companies
The appetite for capital and investment remains strong, although deals require more equity now than pre-pandemic, fund managers say.
By Robert Freedman • July 20, 2020 -
Bessemer finance leader: You need 2 years of cash to survive
Veteran CFO Jeff Epstein says it's time to make a change if you can't support yourself into 2022.
By Robert Freedman • July 19, 2020 -
M&A picking up as acquirers, investors gain comfort with COVID-19
Acquirers' due diligence is evolving because it's harder to use historical data to predict the future, deal advisors say.
By Ted Knutson • July 16, 2020 -
Bessemer finance leader: 'CFOs should be raising capital right now'
Investors are looking for deals despite COVID-19's impact, Jeff Epstein of Bessemer Venture Partners says.
By Robert Freedman • July 15, 2020 -
Your financial controls probably don't work under today's conditions
With staff remote, executives in survival mode, and hundreds of billions in assistance pouring into the economy, the chances of mistakes and abuse getting past safeguards are heightened, accounting specialists say.
By Robert Freedman • July 14, 2020 -
New bankruptcy process a 'game-changer' for COVID-hit small businesses
Subsection 5 favors owners keeping their equity through a quicker and cheaper reorganization than exists under regular Chapter 11 rules.
By Robert Freedman • July 13, 2020 -
Deep Dive
'Bonus depreciation' rule fix makes property improvements more attractive
Companies have a new tax incentive to remodel property post-COVID now that qualified improvement property can receive the 15-year recovery treatment, with retroactive relief available.
By Ed McCarthy • July 12, 2020 -
Levi's CFO: 700-person layoff 'toughest call' of pandemic
Levi Strauss & Co. CFO Harmit Singh says the 15% workforce cut would allow for a "reallocation of resources to digital transformation, direct to consumer business growth."
By Jane Thier • July 10, 2020 -
Stock sales hit record as companies buffer balance sheets
The equity market remains resilient as investors snap up stocks at a discount.
By Robert Freedman • July 9, 2020 -
Opinion
Preparing for risk the way insurers do
Insurers manage their risks not just to preserve assets but to capitalize on their ability to price uncertainty, turning some risks into opportunities.
By Jim Toole • July 9, 2020 -
Harley-Davidson CFO resigns amid mass layoffs, restructuring
John Olin, who has headed the motorcycle manufacturer's finance for 17 years, will be replaced on an interim basis by the company's treasurer as it searches for a permanent replacement.
By Jane Thier • July 9, 2020 -
Survey: 77% of CFOs say company is underprepared for climate change
CFOs rate floods, droughts and wildfires as most financially concerning, according to a survey conducted by property insurer FM Global.
By Jane Thier • July 8, 2020 -
Improving your company's long-term retention rate
Whether you need to improve a product, introduce a new one, or better connect product value to your customers starts with knowing what your retention rate should be.
By Robert Freedman • July 8, 2020 -
Pandemic exposes need to automate finance function amid limited resources
Finance automation has been practical for most organizations for 20 years, but only about 5% are fully vested so far.
By Robert Freedman • July 7, 2020 -
How CFOs build trust with clear and objective models
Even pricey models, if they have clear logic, can build trust, David Wells, CFO of medical device company Endra Life Sciences said.
By Robert Freedman • July 6, 2020 -
Survey: 94% of CFOs to change risk strategy, post-COVID-19
As the coronavirus pandemic brings risk and credit challenges to the forefront, CFOs are redoing their original plans, credit insurance company Euler Hermes found.
By Jane Thier • July 5, 2020 -
Opinion
Pandemic planning: The CFO's role translating vision into strategy, execution
In today's environment, is it better to bundle a value-added service or to discount heavily to keep income up? This is the kind of question CFOs must answer to keep their companies nimble.
By Jason Maynard • July 5, 2020 -
NetApp investing in go-to-market engine despite uncertainty
The cloud data services company is reallocating its resources to bolster its sales ranks and grow market share.
By Robert Freedman • July 1, 2020