ACV Auctions taps former Fitbit CFO

After raising $55 million in equity in a funding round last month, the online used-car marketplace hired veteran tech executive Bill Zerella.

By Jane Thier • Oct. 18, 2020

SaaS to generate $105B this year; new models taking root

The software-as-a-service model is expected to grow by 12% annually. Infrastructure- and platform-as-a-service models are expected to grow faster.

By Robert Freedman • Oct. 13, 2020

Explore the Trendline➔

Spend management innovation yields equity value

Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value. 

By CFO Dive staff

As regulators step up data analytics, companies must do the same

Complying with government document requests is becoming too difficult and risky without predictive analytics tools, an e-discovery specialist says.

By Robert Freedman • Oct. 6, 2020

CFO enthusiasm towards fintech investments unaffected by pandemic

More than 90% of CFO respondents are investing in financial technology, including solutions to improve cash flow, despite the belt-tightening their companies have instated during the pandemic.

By Jane Thier • Sept. 28, 2020

Survey: Digital transformation in finance a key agility indicator

Almost a third of CFOs said several financial digital transformation initiatives have stalled or stagnated amid the pandemic, at great cost to their organizations, a Workday survey found.

By Jane Thier • Sept. 23, 2020

Using agile planning to return to growth

Having a fully integrated, bottom-up and agile 12-month plan enables you and your team to react quickly when something like the pandemic comes your way. 

By Darrell Cox • Sept. 18, 2020

Collaboration integral to operations, Red Hat CFO says

Finance undergirds policy decisions in a company that defines itself by open processes, finance chief Laurie Krebs says. 

By Robert Freedman • Aug. 28, 2020

Real-time planning helps CFOs answer pandemic-critical 'what if' questions

To forecast today, think in shorter time horizons, identify how COVID-19 changes your business drivers, use large amounts of quality data to weigh "what if" scenarios, and create agile processes, specialists say. 

By Paul Prendergast and Patrick Picha • Aug. 27, 2020

3 tips for CFOs looking to migrate to a subscription pricing model

Tip one: Resist moving revenue recognition outside of your ERP, otherwise you decrease visibility into the success of your subscription model and create reporting, tracking and compliance problems. 

By Katrina Gosek • Aug. 19, 2020

CFO helped Rekor boost cash with mid-pandemic divestitures

The company didn't let disruption impede its strategy to focus on a technology that's ripe for expansion into the private sector.

By Robert Freedman • Aug. 19, 2020

Pandemic-hit companies can still raise capital, investor says

The key is to give an inside look at your data to help bridge a widening trust gap without in-person meetings.  

By Robert Freedman • Aug. 18, 2020

Making recovery audits part of your source-to-pay process

Invoicing errors chip away at margins, eventually turning into large losses, which recovery audits can help address.

By Mark Irwin • Aug. 13, 2020

Amid remote work, CFOs expected to impart digital change

Fifty-eight percent of CFOs believe the finance chief is responsible for imparting digital change, but half admit their organizations’ execution of change management is falling short.

By Jane Thier • Aug. 12, 2020

Workplace SaaS CFO keeps eye on post-COVID growth

The pandemic has hit Envoy's market hard, but CFO Sinohe Terrero is laying the groundwork for the company to thrive when remote workers return to the office.

By Robert Freedman • Aug. 12, 2020

CFO's 13-year tenure 'vital' to COVID-19 leadership

Software company Apptio brought its first product to market during the 2008 recession. CFO Kurt Shintaffer, who's held the position for 13 years, said that experience now shapes Apptio's commercializing strategy.

By Jane Thier • Aug. 7, 2020

Team is everything when joining an early-stage startup as CFO

If the tech talent isn't the right mix and is unprepared to help early customers succeed, the company's long-term prospects might be unpromising.

By Robert Freedman • Aug. 6, 2020

How new visibility led to big cash savings at AT&T

Generating billions of dollars in savings starts with business leaders taking a broader view of how they deploy working capital, Xandr CFO Ray Carpenter says.

By Robert Freedman • Aug. 3, 2020

Pandemic to heighten internal reporting challenges

As staff work remotely, finance leaders are paying an even higher price in opportunity costs to release recurring reports, a reporting software executive says.   

By Robert Freedman • July 31, 2020

COVID-19 accelerating changes in health benefits, specialists say

Employer plans will likely focus more on preventive care and telehealth after the pandemic.

By Robert Freedman • July 30, 2020

CFOs: FP&A and accounting must speak the same language

Poor coordination between backward-looking and forward-looking finance functions eats up time and resources better spent elsewhere. 

By Robert Freedman • July 30, 2020

Building your own SaaS billing system not for the faint of heart

A system that grows as your services and pricing become more complex will be far costlier and take longer than you expect, a consultant says.

By Robert Freedman • July 29, 2020

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

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

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

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