Strategy & Operations: Page 8


  • Digital data mining and machine learning technology design for computer brain
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    Blue Planet Studio via Getty Images
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    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
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    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
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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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    Siri Stafford via Getty Images
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    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
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    gorodenkoff via Getty Images
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    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."
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    sodafish via Getty Images
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    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.
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    Justin Sullivan via Getty Images
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    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.
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    Chung Sung-Jun via Getty Images
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    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.
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    Michael M. Santiago via Getty Images
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    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
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    jeenah Moon via Getty Images
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    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
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    sesame via Getty Images
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    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
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    dem10 via Getty Images
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    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
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    PhonlamaiPhoto via Getty Images
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    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
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    Justin Sullivan via Getty Images
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    Homebuilding sags to four-year low, stifled by higher-for-longer rates

    Mortgage activity last month slumped 8.5% compared with April and 7.3% compared with May 2023, Freddie Mac said Thursday.

    By June 20, 2024
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    Getty Images via Getty Images
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    Slim gain in retail sales highlights challenges for consumers

    “Inflation and higher interest rates are straining low- and moderate-income households,” St. Louis Fed President Alberto Musalem said Tuesday.

    By June 18, 2024
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    dem10 via Getty Images
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    Startup focused on AI-driven cyber threats raises $18M

    The announcement comes as artificial intelligence adoption explodes and enterprises grapple with related risks.

    By June 18, 2024
  • Businesswoman packs belongings into a box sitting on a desk.
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    pcess609 via Getty Images
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    Tech layoffs impact nearly 100,000 workers so far in 2024

    Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.

    By June 18, 2024
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    IRS aims to end ‘shell game’ by partnerships, targets $50B extra in taxes

    Tax dodging by complex partnerships “has been overlooked for more than a decade,” IRS Commissioner Daniel Werfel said Monday.

    By June 17, 2024
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    EY’s $1B pledge targets 10% raise in starting CPA-track pay

    The Big Four firm’s new initiative is tackling one of the most cited causes of the shrinking accounting talent pipeline: comparatively low starting salaries.

    By June 17, 2024
  • An image of a sign post with yellow print that says drive-thru
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    Joe Raedle via Getty Images
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    McDonald’s ends automated drive-thru pilot

    The fast food chain still sees a future for automated order taking at the drive-thru and expects to make a decision about the tech by year’s end.

    By Aneurin Canham-Clyne • June 17, 2024
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    Ryan McVay via Getty Images
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    28% of big companies have no formal CFO succession plan, finance chiefs say

    The dearth of succession plans for departing finance chiefs comes as CFO turnover at public companies has soared this year.

    By June 14, 2024
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    In-house counsel compensation rose 4%, in line with inflation

    Median compensation for in-house counsel rose modestly this year as the incidence of signing bonuses declined.

    By Justin Bachman • June 14, 2024
  • Bags of frozen chicken with the Tyson logo sit in a Safeway store on Aug. 8, 2023
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    Anna Moneymaker via Getty Images
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    In interim CFO pick, Tyson draws on established finance creds

    The beleaguered chicken processor is leaning on a company veteran with nearly two decades of finance experience as interim CFO following John R. Tyson’s suspension.

    By June 14, 2024
  • A close up of a man in a blue suit with a multicolored tie gesturing while seated at a desk.
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    Drew Angerer via Getty Images
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    Microsoft president promises significant culture changes geared towards security

    Brad Smith detailed plans to tie compensation to security, as lawmakers raised new questions about the company’s commitment to transparency.

    By David Jones • June 14, 2024
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    40% of executives brace for ‘major’ reorganization, including layoffs: PwC

    Companies are reorganizing to fight margin pressure and planning moves that might require wide-ranging operating model changes, executives said.

    By June 12, 2024
  • Jerome Powell, testimony, U.S. House, Financial Services Committee
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    Win McNamee via Getty Images
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    Fed trims 2024 rate forecast to one cut, holds borrowing costs steady

    The Fed decision followed a report that inflation last month rose less than economists predicted and at the slowest pace since 2021.

    By June 12, 2024