Strategy & operations

Cloud adopters hobbled by 'on-premises computing' mindset: McKinsey

Making six “persistent and pernicious mistakes,” many companies waste money and fail to derive the full value from their move to cloud computing.

By Jim Tyson • May 18, 2022

Will Twitter CFO keep role in Musk-led scenario?

While Parag Agrawal referred to himself as a "lame-duck" CEO last week, the jury is still out as to whether Twitter finance chief Ned Segal will stay on if Elon Musk's deal to buy the social media giant closes.

By Maura Webber Sadovi • May 16, 2022

Explore the Trendline➔

New thoughts on rolling forecasts

Learn how to improve your forecasting and decision-making by eliminating the artificial time horizon in this series of articles on rolling forecasts.

By CFO Dive staff

Wayfair CPO shifts to CFO, chief administrative officer role

HR pros, who often have strong leadership skills and high emotional intelligence, can be model candidates for C-suite roles, according to one executive search firm.

By Kate Tornone • May 16, 2022

Companies need to align efforts at disclosure, cybersecurity: SEC attorney

The SEC aims to protect investors from cyber-related risks by cracking down on companies that release misleading disclosures about cyberattacks, according to the top attorney in the agency’s Crypto Assets and Cyber Unit.

By Jim Tyson • May 13, 2022

Lessons from the M&A front lines

Early in the deal-making process CFOs should think big and prioritize but they also need to consider steps for setting the tone after the ink dries.

By David Roberson • May 13, 2022

Inflation pounds small business optimism to 48-year low

While the NFIB said price pressures have eroded optimism, the Federal Reserve warned that rising interest rates may complicate efforts by companies to pay off debt.

By Jim Tyson • May 10, 2022

Chipotle CFO doesn't rule out more food inflation despite pause

Finance chief Jack Hartung said the restaurant chain has raised prices by a total of about 10% for the 12 months through the first quarter compared to 2% in a typical year.

By Maura Webber Sadovi • May 10, 2022

M&A success depends on 'Announcement Day' credibility

Rising prices, higher borrowing costs, stock market volatility and other headwinds have slowed deal-making this year. CFOs considering M&A would do well to consider lessons from more than two decades of transactions, according to authors of a recently published book.

By Jim Tyson • May 9, 2022

With SEC's proposed climate rules, CFOs should listen to investors

A stakeholder-influenced materiality assessment will help business leaders comply with the SEC's proposed disclosure rules and focus their sustainability efforts.

By Donavan Hornsby • May 9, 2022

Judge dismisses class action against Wells Fargo, former CEO, ex-CFO

Investors led by a retirement fund for Hawaii state employees failed to prove the bank unjustifiably inflated loans, understated loss reserves or misstated its practices, a judge ruled Friday.

By Robin Bradley • May 9, 2022

Appointment of women to Fortune 500 boards hits record high

Boards have made strides toward greater diversity but still do not sufficiently represent some racial and ethnic groups, Heidrick & Struggles said.

By Jim Tyson • May 6, 2022

Professional workers 'significantly' harder to hire, retain: Conference Board

CFOs are offering higher pay, more generous benefits and greater workplace flexibility in order to overcome the tightest labor market in years.

By Jim Tyson • May 5, 2022

Grayscale CFO's crypto guidance wishlist includes FASB stopgap

The recently intensifying focus of regulators on cryptocurrencies comes amid dramatic growth in markets for digital assets.

By Maura Webber Sadovi • May 4, 2022

Halliburton picks company veteran for CFO spot

The oil field services giant is "appropriately viewed as a major beneficiary" of rising fossil fuel prices and oil field activity, according to a report from Cowen analysts.

By Maura Webber Sadovi • May 3, 2022

Fed probably needs to curb GDP growth to 1% to quell inflation: Moody's

CFOs navigating an unusual array of profit threats — from supply chain disruptions to the possibility of a new COVID-19 variant — may need to add stagflation to their roster of risks.

By Jim Tyson • May 2, 2022

Global minimum tax compliance to take 'significant' company resources

Forty percent of businesses surveyed by EY have considered adding headcount, outsourcing tax department operations and investing in new technology to meet BEPS 2.0 requirements.

By Maura Webber Sadovi • May 2, 2022

CFOs seek insights, efficiency boost from process mining

CFOs during the pandemic have sped up digital transformation. Today they are especially focused on robotic process automation and complementary tools such as process mining, Gartner said.

By Jim Tyson • April 29, 2022

New McCarthy CFO: Jobs crisis industry's 'biggest challenge'

Kristine Newman, recently promoted to the CFO seat at the St. Louis-based contractor, said she believes building a unified front is key to combating the labor shortage.

By Zachary Phillips • April 28, 2022

Hiring, strategizing compete for CFO time: survey

Eighty-eight percent of CFOs at private-equity backed companies surveyed said they underestimated the time it would take to migrate financial and accounting processes to a state-of-the-art enterprise resource planning system (ERP) and software stack.

By Maura Webber Sadovi • April 28, 2022

Mega-cap CFOs in high demand as IPOs, retirements thin supply

"The increased use of cash over equity in compensation packages is a sign that CFOs are in demand as companies would typically rather give equity," according to Robert Lamp of Korn Ferry. 

By Maura Webber Sadovi • April 26, 2022

Profit expectations fall at US companies, NABE says

The business outlook has grown hazier amid Federal Reserve plans to reduce stimulus, Russia’s invasion of Ukraine and doubts about the stability of supply chains tied to China.

By Jim Tyson • April 25, 2022

How treasurers can wade into data lakes

Treasurers can use data lakes to centralize information, increase liquidity and reduce fraud, but finding the resources to set them up may be a challenge.   

By Maura Webber Sadovi • April 25, 2022

Furniture retailers adapt to supply chain chaos

As some retailers extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.

By Ben Unglesbee • April 25, 2022

How things work around here: Keep culture in mind when going public

The importance of keeping culture in mind for private companies making the leap to the public market. 

By Kimberly Lanier, Director, Business Performance Improvement, and Carole Andrew, Senior Manager, Business Performance Improvement • April 25, 2022

Automating payment operations to get a full view of company finances

What you need to know as you scale payment operations for your business.

April 25, 2022