Strategy & Operations: Page 12


  • Trucks travel in traffic west bound on I-695 following the collapse of the Francis Scott Key Bridge after the cargo ship Dali crashed into it, March 27, 2024 in Baltimore, Maryland.
    Image attribution tooltip
    Kevin Dietsch/Getty Images via Getty Images
    Image attribution tooltip

    How CFOs can keep shipping costs under control: Contracts, fees, timing

    Finance chiefs need to find “consultative” partners that will work to eliminate waste and drive down transport costs, experts say.

    By Chris Gaetano • May 13, 2024
  • Fifty-dollar bills are counted by a money counting machine.
    Image attribution tooltip
    Andrey Semenov via Getty Images
    Image attribution tooltip

    Inflation to slow, settling close to Fed target in 2025: Wolters Kluwer

    The forecast that price pressures will fall aligns with a 13% decline this month in sentiment among consumers, who fuel roughly 70% of economic growth.

    By May 10, 2024
  • Help wanted sign in front of store front. Explore the Trendline
    Image attribution tooltip
    lorozco3D via Getty Images
    Image attribution tooltip
    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
  • The words Federal Reserve engraved in a marble building with an eagle above.
    Image attribution tooltip
    Douglas Rissing via Getty Images
    Image attribution tooltip

    Fed likely to hold rates high before cutting twice in Q4: Conference Board

    Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.

    By May 8, 2024
  • Miami
    Image attribution tooltip
    Robert King via Getty Images
    Image attribution tooltip

    Tenants retain upper hand as US office vacancy hits fresh high: CBRE

    Many office landlords are continuing to offer tenants generous concessions as hybrid work and other factors weigh on demand.

    By May 7, 2024
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
    Image attribution tooltip
    dem10 via Getty Images
    Image attribution tooltip

    Generative AI enables small accounting firms to challenge big ones: AICPA

    Accountants should respond to the rapid pace of generative AI adoption by embracing it and delving into experimentation, the AICPA said.

    By May 7, 2024
  • Fingers hover over a computer keyboard with numbers on a screen, against a shadowy backdrop.
    Image attribution tooltip
    jariyawat thinsandee via Getty Images
    Image attribution tooltip

    Only 34% of firms deploy safeguards against generative AI threats: Splunk

    Generative AI gives cyberattackers an edge over cyber-defenders, according to security experts surveyed by Splunk.

    By May 6, 2024
  • Image of calendar with a clock next to it.
    Image attribution tooltip
    Doucefleur via Getty Images
    Image attribution tooltip
    Opinion

    Why collections need more CFO love in today’s cash-hungry market

    With higher rates and an uncertain economy, many companies are paying invoices late because they don’t know when capital will be available next, Capchase’s Przemek Gotfryd writes.

    By Przemek Gotfryd • May 3, 2024
  • A person walks past a Peloton store.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Peloton cuts jobs, searches for new CEO amid financial turmoil

    “We made some very tough decisions, and while we firmly believe these actions are the right thing to do for the business, cuts like this are painful,” CFO Liz Coddington said. 

    By May 2, 2024
  • Key on keyboard that says "Pay Now."
    Image attribution tooltip
    abdoudz via Getty Images
    Image attribution tooltip

    US inches forward on real-time payments: report

    “Real-time payments are still in their infancy in the U.S., accounting for only a 1.5% share of the total payments volume in 2023,” according to a report by ACI Worldwide.

    By James Pothen • May 2, 2024
  • Close up on a file tab with the word invoice and a note where it is handwritten unpaid with blur effect. Concept image for illustration of unpaid invoices recovery.
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Auditoria.AI’s ‘human-in-the-loop’ option targets automation-wary finance teams

    When it comes to new technologies, CEO Rohit Gupta sees CFOs and their finance teams as “fast followers” rather than early adopters.

    By May 1, 2024
  • Header image for "Fed Shows Resolve to Hit 2% Inflation Goal, Raises Rates Again"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Fed holds main rate steady, citing lack of progress against inflation

    Fed Chair Jerome Powell said that the central bank will likely need to sustain current borrowing costs longer than it had expected early this year.

    By May 1, 2024
  • AWS logo on display at AWS Summit New York, July 26, 2023.
    Image attribution tooltip
    Courtesy of AWS
    Image attribution tooltip

    Amazon clinching bigger, longer cloud deals after AI boost: CFO

    Amazon is the latest tech giant whose hefty AI spending has been rewarded by Wall Street in the current earnings season. Meta has been an exception.

    By May 1, 2024
  • A bronze sculpture of an eagle with a 16-foot wingspan adorns the outside of the Federal Reserve Bank of Atlanta.
    Image attribution tooltip
    Jens_Lambert_Photography via Getty Images
    Image attribution tooltip

    Wage gains, inflation undercut Fed forecast for three rate cuts this year

    A report of rising wages prompted traders in interest rate futures to dial down bets on reductions in the Federal Reserve’s main interest rate.

    By April 30, 2024
  • Meta logo sign outside California headquarters
    Image attribution tooltip
    Kelly Sullivan via Getty Images
    Image attribution tooltip

    Meta falls in AI reckoning as Microsoft, Google soar

    Investors rewarded AI spending strategies at Microsoft and Google but rebuffed Meta, whose stock plummeted.

    By April 30, 2024
  • Team of consulting auditors auditing the financial report data of the company (balance sheet, income statement) on computer screen with business charts, fintech
    Image attribution tooltip
    NicoElNino
    Image attribution tooltip

    Internal audit leaders need to hire more tech-savvy accountants: IIA

    Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.

    By April 29, 2024
  • Header image for "Biden Names 3 Nominees to Fed's Board of Governors"
    Image attribution tooltip
    CFO Editorial Staff
    Image attribution tooltip

    FedNow pricing aimed at avoiding market disruption

    The Federal Reserve aimed to “not upset the marketplace as a second mover” when it set fees for the new instant payments system last year, a Fed official said Wednesday.

    By James Pothen , Lynne Marek • April 29, 2024
  • Bank sign
    Image attribution tooltip
    Courtesy of U.S. Bank
    Image attribution tooltip

    Rising geopolitical worries, war drive CFO hedging, US Bank says

    The threat of geopolitical tensions is a growing worry for finance leaders while concerns about inflation have eased, a U.S. Bank study found.

    By April 26, 2024
  • Shot of a programmer working on a computer code at night
    Image attribution tooltip
    Hiraman via Getty Images
    Image attribution tooltip

    ‘Quantum advantage’ may boost businesses $2 trillion by 2035: McKinsey

    The federal government has stepped up investment in quantum technologies, more than doubling research and development spending since 2019.

    By April 26, 2024
  • A businessperson hands a colleague a paycheck.
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip

    Companies cut salary budget increases to 3.6%, trim promotions: Mercer

    Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.

    By April 25, 2024
  • The prize center inside a Dave & Buster's restaurant
    Image attribution tooltip
    Michael Loccisano/FilmMagic via Getty Images
    Image attribution tooltip

    Former Chuck E. Cheese exec takes Dave & Buster’s CFO seat

    The change comes as Dave & Buster's looks to drive growth through a dining experience overhaul, among other initiatives.

    By April 25, 2024
  • compensation
    Image attribution tooltip
    kentoh via Getty Images
    Image attribution tooltip

    More M&A players hold back stay-bonus ‘dry powder,’ WTW says

    Despite a recent uptick in mergers and acquisitions, some buyers are nonetheless growing more guarded about tapping their retention bonus budgets.

    By April 24, 2024
  • noncompete agreement ban
    Image attribution tooltip
    mphillips007 via Getty Images
    Image attribution tooltip

    FTC approves nationwide noncompete ban

    In a difference from the proposed rule, senior executives subject to a noncompete agreement previously will remain subject to it; the ban will apply to executives going forward.

    By Robert Freedman • April 24, 2024
  • Kona Bicycles
    Image attribution tooltip
    Retrieved from Kona Bicycles.
    Image attribution tooltip

    PE-backed Kent Outdoors seats new CFO, hunts for Kona Bicycles buyer

    Rob Otto is joining the Utah-based company as it puts a beloved mountain bike maker on the block and pivots to focus on water sports.

    By April 23, 2024
  • Background of american one dollar bills
    Image attribution tooltip
    OlyaSolodenko/iStock via Getty Images
    Image attribution tooltip

    Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

    Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.

    By April 23, 2024
  • The ADM logo is seen on the company's headquarters building.
    Image attribution tooltip
    Courtesy of ADM
    Image attribution tooltip

    ADM’s suspended CFO to resign amid accounting scandal

    Vikram Luthar — who was placed on a forced leave in January — will assist the company and be paid his base salary until his resignation is effective on Sept. 30.

    By April 23, 2024