Strategy & Operations: Page 18


  • conferences
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    Accounting events for Q4 and 2024

    It’s time to consider registering for a range of upcoming accounting conferences — both in person and online. CFO Dive’s got a list to help sort through them. 

    By Nov. 30, 2023
  • Hotel Exterior
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    Ethan Miller via Getty Images
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    MGM CFO expects insurance to cover cyberattack costs

    The Las Vegas-based casino and resort operator has pegged the costs of the September cyberattack that temporarily crippled operations at about $100 million.

    By Nov. 29, 2023
  • Help wanted sign in front of store front. Explore the Trendline
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    lorozco3D via Getty Images
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    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
  • A healthcare worker looks at a laptop wile writing down information.
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    PeopleImages via Getty Images
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    Health care benefit costs surge 9.8%: WTW

    High inflation and strains from COVID-19 prolonged a trend of rising medical care costs.

    By Nov. 29, 2023
  • Consumer looks at window sticker on car with pricing information.
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    Tim Boyle via Getty Images
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    Consumer confidence rises after a three-month decline: Conference Board

    The gain in consumer confidence preceded a surge in online spending on Black Friday.

    By Nov. 28, 2023
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    Retrieved from Google image.
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    4 CFO tips for spurring growth through innovation: McKinsey

    More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

    By Nov. 27, 2023
  • OpenAI CEO Samuel Altman Testifies To Senate Committee On Rules For Artificial Intelligence
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    Win McNamee via Getty Images
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    AI developers, led by OpenAI, raise over $50B

    ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

    By Nov. 27, 2023
  • A group of employees laughs during a training session.
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    Cecilie_Arcurs via Getty Images
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    Creating a ‘poachable’ talent culture: TAB Bank CFO

    Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.

    By Nov. 27, 2023
  • Driving Up Employee Experience for the Benefit of the Business.
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    Permission granted by TravelBank
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    Sponsored by TravelBank

    Why CFOs need to improve the employee T&E experience

    On a day-to-day basis, the finance function is tasked with meeting the company’s accounting responsibilities — ensuring sound budgeting and forecasting. But increasingly, CFOs and their teams require a new focus on prioritizing employee experience.

    Nov. 27, 2023
  • Tax defintion highlighted in dictionary
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    wakila via Getty Images
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    Sponsored by Bellus Ventures

    Structure matters: How ITC transfers mitigate risk and maintain compliance

    The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.

    Nov. 27, 2023
  • A massive gray storm cloud gathers on the horizon over a placid body of water.
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    petesphotography via Getty Images
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    Deep Dive

    ‘Rough ride’: 5 CFO tips for cutting insurance costs amid climate change

    CFOs facing more destructive weather and soaring insurance costs can take five steps to hold down premiums.

    By Nov. 26, 2023
  • Header image for "Consumer Confidence Falls 3 Points, But Spending Remains Resilient"
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    Getty Images via Getty Images
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    Weaker consumer spending to trigger mild recession in 2024: Fannie Mae

    Consumer sentiment sagged this month, a survey showed, bolstering forecasts that holiday sales and consumer spending will decline in coming weeks.

    By Nov. 22, 2023
  • Zoom Video Communications headquarters in San Jose, California.
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    Justin Sullivan via Getty Images
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    OpenAI chaos shows need for multiple-vendor approach: Zoom CFO

    Zoom is one of many companies betting heavily on the future of artificial intelligence following the rapid rise OpenAI’s ChatGPT service.

    By Nov. 22, 2023
  • U.S. economy contracted for second consecutive quarter
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    Baris-Ozer via Getty Images
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    Economy sputtering toward ‘very short recession’: Conference Board

    The economy will likely shrink in coming months and end 2024 with just lackluster growth, the Conference Board said.

    By Nov. 20, 2023
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    Viorika via Getty Images
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    Testing AI in the finance function: McKinsey

    In coming years, generative AI will be “table stakes” for all forward-looking finance teams, according to a McKinsey AI guide for CFOs.

    By Nov. 20, 2023
  • Businessman holding a digital chatbot
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    ipopba via Getty Images
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    Opinion

    Leveraging AI to step up your CFO game in 2024

    While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.

    By Anand Desai • Nov. 20, 2023
  • Johnson & Johnson vaccine being administered.
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    Michael Ciaglo via Getty Images
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    Johnson & Johnson CFO: Pandemic lesson drove $40B deal’s fast pace

    COVID-19 taught J&J’s finance chief the value of “speed and agility” in business, Joseph Wolk said at the MIT Sloan CFO Summit. 

    By Nov. 16, 2023
  • Shoppers walk through the retail district near Oxford Circus in front of a Black Friday sign.
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    Leon Neal via Getty Images
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    Retail sales fall, adding to signs economy cooling after hot Q3 growth

    Gradual declines in consumer spending, hiring and inflation suggest that the Federal Reserve may achieve a “soft landing” for the economy.

    By Nov. 15, 2023
  • Advance Auto Parts distribution center in Kutztown, Pennsylvania
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    Permission granted by Advance Auto Parts
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    Lowe’s veteran tapped for Advance Auto CFO seat

    The appointment comes as the auto parts supplier is focused on a comprehensive review of the business after posting weak financial results this year.

    By Nov. 15, 2023
  • Header image for "Whipping Inflation May Require Chancing a Recession"
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    Getty Images via Getty Images
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    Inflation slows, spurring bets Fed will start cutting rates in May

    Price pressures declined last month in all major categories except for food, the Labor Department reported.

    By Nov. 14, 2023
  • Close-up stock photograph showing a touchscreen monitor on which a woman’s hand is asking an AI chatbot pre-typed questions.
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    Laurence Dutton via Getty Images
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    Finance teams lag behind HR, legal in AI adoption: Gartner

    “CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.

    By Nov. 14, 2023
  • People are seen inside the Salesforce Tower on December 1, 2020 in San Francisco, California.
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    Stephen Lam via Getty Images
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    Escalating SaaS prices outpace CPI inflation

    Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice. 

    By Nov. 14, 2023
  • Background of american one dollar bills
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    OlyaSolodenko/iStock via Getty Images
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    Fed whipsawed on key signals for inflation expectations

    With just a month before their next meeting, Fed officials are tracking expectations for inflation as a sign of whether businesses will raise prices and workers will demand higher pay.

    By Nov. 13, 2023
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    Permission granted by TravelBank
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    Sponsored by TravelBank

    4 ways streamlining T&E can speed up the month-end financial close process

    To speed up expense reconciliation — and, in turn, the financial close — companies need to ditch manual processes and embrace solutions that make managing travel and expenses faster and easier.

    Nov. 13, 2023
  • Economic growth
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    Lemon_tm via Getty Images
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    Opinion

    Why CFOs must remove barriers to growth in a ‘deadweight’ economy

    What sets apart leading efficient-growth companies is the way they remove barriers or “growth anchors” that impede action, Gartner’s Dennis Gannon writes.

    By Dennis Gannon • Nov. 10, 2023
  • Jerome Powell, testimony, U.S. House, Financial Services Committee
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    Win McNamee via Getty Images
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    Powell says Fed’s inflation fight ‘has a long way to go’

    The Fed needs to see more signs of easing price pressures before declaring an end to monetary tightening, central bank officials said.

    By Nov. 9, 2023