Managing a smooth transition to ASC 606 revenue recognition

Decisions made by legal, sales, and other teams can affect how you recognize money coming in and going out. Collaboration is key to staying on the right side of the 700 pages of guidelines.

By Robert Freedman • Nov. 25, 2019

Scenario planning: Green means look, not go

Plan for bad times when times are good, executives at the MIT Sloan CFO Summit said last week.

By Robert Freedman • Nov. 24, 2019

Explore the Trendline➔

CFO best practices in the evolving generative AI era

As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

By CFO Dive staff

Twitter CFO: Communication health comes first

Ned Segal told finance professionals at the MIT Sloan CFO Summit Thursday the health of their communication model comes before everything, including getting more people on the service. 

By Jane Thier • Nov. 22, 2019

Slower economy presents an opportunity for M&A

Whether you focus your acquisitions on on roll ups or growth depends on your long-term business strategy, executives said at the MIT Sloan CFO Summit in Boston last week.  

By Robert Freedman • Nov. 21, 2019

How to better align business travel costs to revenue

A travel startup tries to increase CFOs' visibility into the third highest cost category they face.   

By Robert Freedman • Nov. 20, 2019

Bankrupt biopharmas are rare. 2019 has some worried that's changing.

Eleven biopharmas declared bankruptcy in 2019, more than any other year since at least 2011. Rising market pressures, coupled with legal liabilities, risk more companies falling to zero, experts warn.

By Andrew Dunn • Nov. 19, 2019

Druva CFO: Move to bundled services led to growth spurt

A big menu of add-ons didn't do much for long-term revenue growth at a SaaS company, so Mahesh Patel led an effort to change that.

By Robert Freedman • Nov. 18, 2019

FP&A team: Hire lifelong learners, not the technically proficient

Skills become obsolete; outside-the-box thinking doesn't, an accounting professor says.   

By Robert Freedman • Nov. 17, 2019

CFOs sitting pretty in today's job market

The COO role is becoming obsolete, as companies try to create efficiencies by handing off much of the COO duties to CFOs, a Korn Ferry placement leader said during CFO Live.

By Robert Freedman • Nov. 14, 2019

How to add predictive economic intelligence to budget planning

Over-reliance on backward-looking internal data can blind CFOs to risky external factors.

By Robert Freedman • Nov. 13, 2019

Stay away from masters of the universe, biotech CFO says

CFOs need competent accounting and finance professionals on their team so they can focus on broader issues affecting the organization. 

By Robert Freedman • Nov. 12, 2019

Open enrollment is here. What plans are workers choosing?

Both employers and employees are worried about the cost of benefits, recent research shows.

By Lisa Burden • Nov. 12, 2019

CFO in the Know: Does the beef against beef make financial sense?

As the holidays approach, plant-based protein companies are making a play for the dinner table.

By Barbara Ballinger • Nov. 12, 2019

How to smooth your lead-to-cash process

The CFO is best positioned to turn an often unruly system into a seamless customer experience.

By Robert Freedman • Nov. 11, 2019

43% of finance employees negotiate before taking job

Employees in a tight labor market often require non-monetary perks, a Robert Half survey found, and more than two in five lost interest in a position when the company wouldn't negotiate benefits. 

By Jane Thier • Nov. 9, 2019

Assess product, back office before moving to recurring revenue model

Success with subscription pricing depends on whether you've laid the groundwork, executive says.  

By Robert Freedman • Nov. 9, 2019

Annual customer value called most important for recurring-revenue companies

A company's success is tied to a mix of new business and growth in annual recurring revenue, a veteran CFO says.   

By Robert Freedman • Nov. 7, 2019

CVS CFO: Company will shutter 75 stores next year

Where rivals are shuttering locations by the hundreds, CVS is trimming underperforming ones as it expands its Health Hub healthcare concept.

By Daphne Howland • Nov. 6, 2019

How zero-based budgeting improves operations

Switching away from traditional budgeting is neither cheap nor easy, but it makes for more efficient, better-aligned spending.

By Robert Freedman • Nov. 5, 2019

Better employee experience means higher returns, study finds

Investing in employee experience can sharply improve company performance in metrics like return on assets, a new Willis Towers Watson study found.

By Jane Thier • Nov. 4, 2019

Nonfinance metric helped CFO diagnose strategic error

Fast churn rate showed that the software was too complex for small organizations, SaaS executive says.

By Robert Freedman • Nov. 3, 2019

Japan-based Nissan appoints American CFO

Stephen Ma is one of several executives tapped to join Nissan's C-suite following a tumultuous year for the Japanese automaker.

By Jane Thier • Nov. 1, 2019

Scenario planning key to overcoming macro events, CFO says

Host Analytics CFO Dan Fletcher names the 2008 global meltdown as the time when CFOs began taking a forward-looking approach to their strategic insights.   

By Robert Freedman • Oct. 30, 2019

Investment in socially conscious companies outpacing market

Whether they're obeying a mandate or following principle, the largest global asset managers are pouring money into companies that mix business with a mission. 

By Robert Freedman • Oct. 29, 2019

Moving to subscription pricing? Prepare investors for a short-term revenue drop

Following a successful transition, subscription models tend to bring in more long-term revenue. 

By Robert Freedman • Oct. 28, 2019