Strategy & Operations: Page 2


  • Shot of UPS truck driving down an open road
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Newly-appointed UPS CFO faces shipping, cost quandary

    Brian Dykes faces the tough challenge of boosting shipping volumes without subsequently increasing costs, West Monroe’s Jeremy Tancredi said.

    By July 10, 2024
  • Monish Patolawala head shot
    Image attribution tooltip
    Courtesy of ADM
    Image attribution tooltip

    ADM hires 3M CFO, signaling push for fresh start after accounting woes

    The grain trading giant’s financial reporting practices have been in the spotlight since January when it revealed an internal probe was underway.

    By July 10, 2024
  • a graphic showing hands typing in a keyboard Explore the Trendline
    Image attribution tooltip
    iStock / Getty Images Plus via Getty Images
    Image attribution tooltip
    Trendline

    Digital transformation, one smart step at a time

    By taking an incremental approach, CFOs can move their finance and accounting operations onto an automated, intelligent platform without letting disruption distract from their efforts to scale.

    By CFO Dive staff
  • A construction worker sits alone at a jobsite.
    Image attribution tooltip
    SimonSkafar/E+ via Getty Images
    Image attribution tooltip

    Powell spotlights risks to jobs, wants more gains against inflation

    The job market in recent months has shown signs of returning to its pre-pandemic trend, with demand for labor easing and unemployment rising to 4.1% in June.

    By July 9, 2024
  • Header image for "Best in Class CFOs Drive 6.6% Savings With Spend Management Tech: Weekly Stat"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip
    Opinion

    How CFOs can leverage AI in spend management

    AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.

    By Chris Juneau • July 9, 2024
  • Shot of Beautyrest branded pillow resting on a mattress
    Image attribution tooltip
    Jamie McCarthy via Getty Images
    Image attribution tooltip

    Serta brings in ElectroLux alum as finance chief after latest CEO swap

    GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.  

    By July 8, 2024
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Almost 60% of corporate cybersecurity budgets are higher this year: report

    Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.

    By July 3, 2024
  • Header image for "U.S. Inflation Surges at Highest Rate Since 1982"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Inflation persists as top concern among small businesses: U.S. Chamber

    Businesses in services and manufacturing find price pressures more troublesome than their counterparts in other sectors, the U.S. Chamber said.

    By July 3, 2024
  • Federal Reserve Chair Jerome Powell.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Powell sees gains against inflation, wants more progress before rate cuts

    After Powell’s comments, traders in interest rate futures increased the odds the Fed will cut the main interest rate by a quarter point in September.

    By July 2, 2024
  • workers toil on a hot construction site with the orange sun in the background
    Image attribution tooltip
    SonerCdem via Getty Images
    Image attribution tooltip

    OSHA proposes rule to protect workers from extreme heat

    Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.

    By Zachary Phillips • July 2, 2024
  • A wide shot of the U.S. Supreme Court building
    Image attribution tooltip
    Al Drago via Getty Images
    Image attribution tooltip

    Chevron ruling adds new wrinkle to US cybersecurity efforts

    The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.

    By July 2, 2024
  • Computer keyboard with key marked "insurance."
    Image attribution tooltip
    sodafish via Getty Images
    Image attribution tooltip

    Cyber insurance prices fall amid rising competition: report

    The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.

    By July 2, 2024
  • Supreme Court
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    SCOTUS gives CFOs ‘brand new lens’ for tax positions

    Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said.

    By July 1, 2024
  • rep and warranty insurance
    Image attribution tooltip
    pixelfit via Getty Images
    Image attribution tooltip

    IPO market quickens as stocks hit record highs during H1 2024, EY says

    In coming months the IPO market in the U.S. and beyond faces possible turbulence from intensifying regional conflicts and “an election super-cycle,” EY said.

    By July 1, 2024
  • Digital data mining and machine learning technology design for computer brain
    Image attribution tooltip
    Blue Planet Studio via Getty Images
    Image attribution tooltip
    Sponsored by ScottMadden

    Achieve real AI results in finance

    Standing idle is not an option as our organizations demand AI-enabled solutions.

    By Brad DeMent • July 1, 2024
  • Loper decision ending Chevron deference doctrine
    Image attribution tooltip
    Anna Moneymaker / Staff via Getty Images
    Image attribution tooltip

    Supreme Court deals big blow to federal agencies

    In a landmark ruling, the justices overturned a 40-year-old precedent and significantly reduced the power of federal agencies to interpret the laws they administer.

    By David Weisenfeld • June 30, 2024
  • An businessperson in an empty LA office building.
    Image attribution tooltip
    Siri Stafford via Getty Images
    Image attribution tooltip

    Commercial property vacancy rate to peak in 2026 at 24%: Moody’s

    “The preference of many employees to work from home cannot be overlooked,” Moody’s economists said.

    By June 28, 2024
  • Low Angle Shot of Data Center With Multiple Rows of Fully Operational Server Racks.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Enterprise cloud storage spend to double by 2028 as AI ramps up

    AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.

    By Matt Ashare • June 28, 2024
  • Computer keyboard with key marked "insurance."
    Image attribution tooltip
    sodafish via Getty Images
    Image attribution tooltip

    Cyberattack costs outpace insurance coverage: Sophos

    Only 1% of organizations that made a cyber insurance claim within the previous year saw their policy cover 100% of the costs they incurred while remediating the incident.

    By June 27, 2024
  • The HP logo is displayed in front of the comany's office complex.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    HP taps former JP Morgan executive as CFO

    The transition comes as the tech giant is focused on recovering from sagging sales after heightened demand during the COVID-19 pandemic.

    By June 26, 2024
  • A line of cranes work cargo containers at port.
    Image attribution tooltip
    Chung Sung-Jun via Getty Images
    Image attribution tooltip

    Trump’s 10% tariff would annually harm households by at least $1,700: AAF

    Damage from a sweeping tariff would spread beyond the U.S., “threatening key relationships with allies and inviting a global trade war,” AAF said.

    By June 26, 2024
  • A person holding a shopping cart stands in front of a row of refrigerators stocked with food at a grocery store.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Consumer confidence falls amid sagging income, business expectations

    “Signs of strain continue to emerge among consumers with low-to-moderate incomes,” Federal Reserve Governor Lisa Cook said Tuesday.

    By June 25, 2024
  • Azure OpenAI confidentiality loophole
    Image attribution tooltip
    jeenah Moon via Getty Images
    Image attribution tooltip
    Opinion

    Harnessing GenAI in corporate finance: Lessons from Microsoft

    Finance teams deploying the technology need a "trust, but verify" approach to outputs, among other best practices, a pair of Microsoft executives write.

    By Georg Glantschnig and Cory Hrncirik • June 25, 2024
  • legal
    Image attribution tooltip
    sesame via Getty Images
    Image attribution tooltip

    Role clarity is key to fractional CFO pay

    Contract finance executives must understand the services they truly offer in order to charge — and be paid — what they’re worth, Joe Woodard said Sunday at his firm’s accounting tech conference.

    By Chris Gaetano • June 21, 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
    Opinion

    Mind the trust gap: Why C-suite humility matters in the AI era

    If executives engage in the big issues of today without acknowledging there can be a diverse set of explanations, they risk losing stakeholder trust, PwC’s Wes Bricker writes.

    By Wes Bricker • June 21, 2024
  • AI robots type on computers in office setting.
    Image attribution tooltip
    PhonlamaiPhoto via Getty Images
    Image attribution tooltip

    76% of large automating firms plan to swap workers with AI: CFO survey

    Automation ranks as a high or moderate priority for about 65% of companies, both large and small, Duke University’s Fuqua School of Business found.

    By June 20, 2024