Strategy & Operations: Page 7


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    M&A, vendor reliance help drive up ransomware threat: report

    The financial severity of claims related to ransomware attacks increased more than 400% from 2022 to 2023, the study found.

    By Aug. 13, 2024
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    Opinion

    Bolstering the CFO-CRO relationship to ensure AI investment returns

    The CFO and CRO can serve as a crucial duo as organizations face pressure to launch revenue-generating AI projects, writes MinIO CFO Mark Khavkin.

    By Mark Khavkin • Aug. 13, 2024
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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
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    Fractional experts, AI can ease pressures on ‘overextended’ finance teams

    CFOs need to bring flexibility to overburdened finance teams to navigate economic headwinds, Paro’s Michael Burdick said.

    By Aug. 12, 2024
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    Jobless claims dip below forecasts in glimmer of hope for labor market

    The report on initial jobless claims helped fuel a rebound in equity markets following news last week of job market weakness.

    By Aug. 8, 2024
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    CFOs must act as data, decision-making center: Pigment

    CFOs need access to a wide range of data to ensure they can react speedily to market challenges, Pigment CEO Eleonore Crespo says.

    By Aug. 8, 2024
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    AI prep is top challenge for companies drowning in ‘unstructured data’

    The AI boom is forcing companies to consider data management upgrades, as some face budget constraints.

    By Aug. 7, 2024
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    Delinquencies rise as household debt hits record high: NY Fed

    Rising consumer debt and delinquencies, along with an increase in unemployment, have shown no signs of dampening consumer spending.

    By Aug. 7, 2024
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    Job market setbacks do not ‘portend’ broad slump: Conference Board

    Investors fearing a recession have pulled back from risk since a report on Friday that unemployment last month rose to 4.3%.

    By Aug. 6, 2024
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    Warehouse robot momentum faces cost, ROI challenges

    Companies that invest in the pricey technology may need to wait two to three years on average to see a return on investment, market analyst Ash Sharma said.

    By Aug. 6, 2024
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    KPMG aims to bolster tech consulting position in Rhino.AI deal

    The combination will help companies modernize their legacy IT systems with “faster time to value” and lower costs, according to Rhino.AI.

    By Aug. 6, 2024
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    Fed’s Goolsbee seeks to cool speculation of sudden turn to rate policy

    The central bank official cited signs of solid economic growth, including a 2.8%-annual-rate increase in gross domestic product during the second quarter.

    By Aug. 5, 2024
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    Insured loss impact could reach $1B following CrowdStrike outage

    Guy Carpenter said it could be worse: Had the incident involved a ransomware attack, losses could have reached $2 billion.

    By David Jones • Aug. 5, 2024
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    Big tech banks on AI boom as infrastructure spending heads for trillion-dollar mark

    “While we're investing a significant amount in the AI space and in infrastructure, we would like to have more capacity than we already have today,” Amazon CEO Andy Jassy said.

    By Matt Ashare • Aug. 5, 2024
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    How to curb ‘key man risk’ and late SEC filings

    The accounting talent shortage and increased reporting requirements helped create a “perfect storm” leading to more late SEC filings, UHY’s Ro Sokhi said.

    By Aug. 2, 2024
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    Accounting pipeline task force calls out 6 fixes

    Reducing the time and cost of education needed to become a licensed CPA and raising starting salaries were among the solutions proposed in the final report.

    By Aug. 2, 2024
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    6 out of 10 firms expect to hold finance staffing steady, study finds

    While the majority of firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a recent Controllers Council survey. 

    By Chris Gaetano • Aug. 2, 2024
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    Minnesota CPAs eye 2025 after 120-hour bill stalls

    The bill would have allowed Minnesota CPAs to obtain a license with just 120 college credit hours — rather than the 150 hours now required.

    By July 30, 2024
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    BlackBerry promotes cyber finance chief to company CFO

    The CFO shift comes as BlackBerry seeks $150 million in cost saving and proceeds with a separation plan for its IoT and cybersecurity divisions.

    By July 30, 2024
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    Startup focused on easing digital B2B payment pain points raises $9M

    The move comes as digital payments among businesses are expected to surge in coming years, creating a complex new world with potential challenges for vendors.

    By July 30, 2024
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    How the GenAI boom is impacting M&A deals

    About eight in 10 dealmakers responding to a KPMG poll said that GenAI has had some effect on their M&A strategy.

    By July 30, 2024
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    Election turmoil ratchets up CFOs’ geopolitical risks

    Finance leaders’ agility is facing a fresh test as they consider potential impacts of the recent shakeup in the U.S. presidential election.

    By , July 29, 2024
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    Deep Dive

    7 CFO tips for yielding high ROI during the rush into generative AI

    Financial executives willing to chance big spending on generative AI can take steps to reduce risk and seize the payoffs.

    By July 26, 2024
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    3 risky ‘surveillance pricing’ practices to avoid

    CFOs should be ready for potentially tougher enforcement actions connected to pricing practices in the future, says Michael Keeley, an attorney with law firm Axinn, Veltrop & Harkrider.

    By July 25, 2024
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    Estée Lauder controller lands CFO seat amid restructuring

    Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes. 

    By July 24, 2024
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    Alphabet investors get mixed news from departing CFO Ruth Porat

    The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.

    By July 24, 2024