Strategy & Operations: Page 13


  • Businessman shaking hands with AI
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    When it comes to AI, CFOs must get their ‘hands dirty’: EY

    CFOs that want a successful AI strategy need to be sure they’re “skating to the puck,” EY’s Deidre Ryan said.

    By Oct. 30, 2024
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    mfto via Getty Images
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    FASB publishes narrow software accounting revamp proposal

    In June the FASB voted 7-0 for the more targeted update, even as some expressed concerns about not going far enough to modernize GAAP rules.

    By Oct. 29, 2024
  • navigating Explore the Trendlineâž”
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    Trendline

    Navigating risk in turbulent times

    CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

    By CFO Dive staff
  • Uber Intermodal port of los angeles
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    halbergman via Getty Images
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    Trump tariff would cost households $3,000 next year: Tax Policy Center

    Since Trump last year proposed a blanket import tax, several studies have indicated that the benefits of such tariffs would fall far short of the costs to U.S. households and economic growth.

    By Oct. 29, 2024
  • A close up of the Department of Treasury seal on the front of the headquarters with "the Department of Treasury" and "1789" on an outer circle and a shield with the scales of justice up top and a key.
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    Chip Somodevilla via Getty Images
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    3 takeaways on proposed corporate alternative minimum tax regulations

    Two years after the new tax was signed into law by President Biden, the details are still being hammered out. 

    By Oct. 28, 2024
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    Rrraum via Getty Images
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    Fewer companies passing on higher prices to consumers: NABE

    The hard-to-predict outcome of the Nov. 5 election and its aftermath is not chilling business plans for investment and hiring, NABE said.

    By Oct. 28, 2024
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    canadastock/shutterstock.com

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    Sponsored by Clearsulting

    Modernize your finance operating model to drive growth

    Explore how forward-looking organizations are redefining their traditional operating model.

    Oct. 28, 2024
  • A woman looks at groceries in a store
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    ProfessionalStudioImages via Getty Images
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    Consumer sentiment hits 6-month high, exceeding expectations

    Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.

    By Oct. 25, 2024
  • A red, yellow and blue plan soars through clear skies
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    Scott Olson via Getty Images
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    Southwest details board travel perks as ex-Chevron CFO joins new director slate

    The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.

    By Oct. 25, 2024
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
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    dem10 via Getty Images
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    Only 4% of companies reap full value from AI: BCG

    The share of companies worldwide that are at least experimenting with AI has surged this year to 98% from 47% last year, BCG found in a survey.

    By Oct. 24, 2024
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    Courtesy of Morningstar
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    Morningstar CFO to step down after 7-plus years

    Over the course of Jason Dubinsky’s tenure as finance chief, Morningstar’s revenue, operating profit and cash flow have more than doubled, the company said.

    By Oct. 24, 2024
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    Chip Somodevilla via Getty Images
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    IRS CFO says robotic automation saved 30,000 labor hours

    Partnering with software firm UiPath, the agency has tapped software robots to complete previously manual tasks, IRS CFO Teresa Hunter said Tuesday.

    By Oct. 23, 2024
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    Fahroni via Getty Images
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    Most finance leaders believe sustainability targets out of reach: EY

    CFOs leading companies active in the U.S. and Europe face a “fluid picture” when attempting to meet regulations for sustainability reporting, EY said.

    By Oct. 23, 2024
  • Business people sit at a table in an office planning budgets using a tablet and charts.
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    shapecharge via Getty Images
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    CFO competence ranked as a top factor in investor decisions

    Investors are willing to increase their initial investment in an organization by an average of 2.6% when the CFO is the key strategic growth driver, OneStream found.

    By Oct. 23, 2024
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    Justin Sullivan / Staff via Getty Images
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    HSBC names first woman CFO amid restructuring

    The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.

    By Gabrielle Saulsbery • Oct. 22, 2024
  • Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    Microsoft ups finance automation game with ‘AI agents’

    The move comes as the AI innovation race among enterprise software providers is heating up.

    By Oct. 22, 2024
  • Word ROI on calculator.
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    Only 15% of companies have ROI metrics for GenAI: KPMG

    The finding comes as many enterprises are deploying the technology on a larger scale.

    By Oct. 22, 2024
  • A person sweating and wearing protective goggles, gloves and orange vest in a factory.
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    Weakening manufacturing demand clouds economic outlook: Conference Board

    Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.

    By Oct. 21, 2024
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    Galeanu Mihai via Getty Images
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    Sponsored by Conduent

    Optimizing finance operations through outsourcing: What works best?

    Gain insights from over 200 CFOs on how to stay ahead of today’s rapidly evolving financial landscape with research led by Conduent and Everest Group.

    Oct. 21, 2024
  • Manager and supervisor taking inventory in warehouse
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    alvarez via Getty Images
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    Sponsored by Allianz Trade in North America

    Unlocking business growth through effective credit control

    It's no secret that offering attractive payment terms may help boost sales. However, the decision to extend favorable credit can be challenging.

    Oct. 21, 2024
  • Shoppers walk through a mall during the holiday season.
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    Brendan Hoffman / Stringer via Getty Images
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    Retail sales exceed forecasts, underscoring solid 2024 economic growth

    Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.

    By Oct. 17, 2024
  • A photo illustration of Kamala Harris and Donald Trump shoulder to shoulder facing away from each other. The background is a purple wave with a grid gradient.
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    Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images

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    Election 2024: Where Harris, Trump stand on AI regulation

    Analysts expect Kamala Harris to largely continue the current approach to AI oversight, while Donald Trump’s promise to repeal a Biden executive order signals a major shift.

    By Lindsey Wilkinson • Oct. 17, 2024
  • Shot of people walking past the NYSE on Monday July 22, 2024
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    Spencer Platt via Getty Images
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    NYSE poised to curb serial reverse stock splits

    The New York Stock Exchange is proposing rule changes to protect investors from deeply distressed companies that are “inappropriate for trading.”

    By Oct. 16, 2024
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    Natalie Meepian via Getty Images
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    M&A dealmakers seize on AI as strategic ‘cornerstone’: Dykema

    AI has spurred M&A volume in 2024, Dykema said, noting 55 transactions targeting AI start-ups during the first quarter compared with 38 during the final quarter of last year.

    By Oct. 16, 2024
  • Export freight containers with Mexican produced goods are seen ready to be shipped to the U.S. in the Pantaco customs complex on June 7, 2019 in Mexico City, Mexico.
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    Hector Vivas via Getty Images
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    Companies to shift 9% more nearshoring to Mexico

    Mexico is poised to replace Canada as the second-most popular country for nearshoring, as its share of U.S.-serving supply chains is expected to rise to 36%.

    By Oct. 15, 2024
  • Close up of accountant doing paperwork
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    Worawee Meepian via Getty Images
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    Most accountants see ethical challenges increasing: ACCA

    Two-out-of-five accountants said they most frequently face ethical challenges at work because of weaknesses in company leadership and culture, the ACCA said.

    By Oct. 15, 2024