With shrinking budgets, finance spending goes to new tech

As companies attempt to curb spending in advance of an unpredictable economy, finance teams continue pooling resources to implement the newest tech, a Hackett Group study found.

By Jane Thier • Feb. 18, 2020

Learning from P-Card pitfalls to improve the payment process

You risk diluting the benefits of e-payments if you adopt a system too hastily and cause integration problems. 

By Matt Clark • Feb. 17, 2020

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

CFO uses forums to get tough love from customers

Life sciences payments company Greenphire is using unfiltered customer feedback to improve its software, CFO Sue Vestri says. 

By Robert Freedman • Feb. 12, 2020

How can CFOs curb employee turnover rates?

The bottom line of replacing an employee far exceeds the cost of upping an existing employee's compensation. What is the CFO's role in improving retention? 

By Jane Thier • Feb. 12, 2020

Under Armour forecasts up to $60M revenue hit from coronavirus disruptions

The outbreak also puts at risk supply chain improvements that CFO Dave Bergman talked about on the company's fourth quarter earnings call.  

By Emma Cosgrove • Feb. 12, 2020

M&A: Integration is in, holding companies are out

Setting up a holding company for an acquisition that expands the scope of a company's business might make sense temporarily, but integration can make a better long-term solution.

By Ted Knutson • Feb. 11, 2020

Wyndham Hotels CFO moves to XPO Logistics

David Wyshner, who will start as finance chief on March 2, joins the supply chain provider amid its exploration of a potential sale or spinoff of its business units.

By Jane Thier • Feb. 11, 2020

Machine learning is nearly ubiquitous in finance, even if you don't know it

Many cloud-based finance and accounting functions already use AI that helps produce more accurate numbers than you otherwise could. 

By Robert Freedman • Feb. 11, 2020

CFO in the Know: Getting acquired in a 'snack-eat-snack' market

Small food companies often form in hopes of acquisition by giants like Hershey or Mondelez. How can CFOs best help their companies prepare for such large-scale acquisitions?

By Jane Thier • Feb. 11, 2020

CFO embeds team members outside finance to improve analysis, morale

The organization of your finance team can help you separate the noise from the signal, Eventbrite CFO Lanny Baker says. 

By Robert Freedman • Feb. 10, 2020

You've set the budget and it's Q1. Now what?

Monthly forecasting exercises offer CFOs 12 chances to perfect their plan. Here's how to get the most out of them.

By Jason Lin • Feb. 9, 2020

UBS global wealth management CAO replaces CFO

Amid a strategy overhaul announced last month, UBS is expected to cut the jobs of 500 senior wealth management employees.

By Jane Thier • Feb. 9, 2020

Survey: 60% of procurement leaders site risk from lack of financial transparency

Respondents in a Basware survey reported a direct correlation between their level of transparency and the success of their business.

By Morgan Forde • Feb. 7, 2020

Pods enable CFO to keep drug manufacturing costs down

AVROBIO hopes to offer drug therapy for a disorder that can cost $14M over a lifetime to treat. CFO Erik Ostrowski is doing his part by raising capital and practicing frugality.

By Robert Freedman • Feb. 6, 2020

A consultancy CFO's No. 1 KPI

According to Halloran Consulting's Tania Zieja, there is one KPI that is vital for finance, accounting and HR. 

By Jane Thier • Feb. 6, 2020

Reimbursement plans seen as cost-saving alternative to group insurance

Federal rules allowing companies to give employees money to buy their health insurance in the individual market just took effect.

By Robert Freedman • Feb. 5, 2020

Merck joins peers in spinning off lower growth drugs

Merck expects to receive up to $9 billion through a tax-free dividend and realize more than $1.5 billion in operating efficiencies by spinning out women's health and legacy drugs into a new company. 

By Jacob Bell • Feb. 5, 2020

Financial automation a must-have, CFO says

To stay competitive, companies must begin deploying technologies that can help them scale operations as their business grows, a survey shows.

By Robert Freedman • Feb. 4, 2020

2020 Trends: Middle market CFOs ready to spend on growth

Few CFOs think the economy will become an issue requiring them to take a defensive posture, a BDO survey finds.

By Robert Freedman • Feb. 2, 2020

2020 Trends: What future-ready CFOs are thinking about

Qualitative analyses, sustainable investment, inclusive hiring, shortened supply chains and business response plans are among the priorities forward-looking CFOs will put in place in 2020.

By Anthony Coletta • Jan. 30, 2020

82% of workers want financial updates from CFOs

Across industries, sharing financial performance information with employees results in more trust, loyalty and better workplace culture, a Robert Half survey finds. 

By Jane Thier • Jan. 30, 2020

Making early-pay access a thing

Scot Parnell is deploying his financial services experience to help a startup evangelize a radical idea: let employees access their earned income as needed.

By Robert Freedman • Jan. 30, 2020

How Lush ditched manual invoicing for automated accounts payable

Before 2017, the skincare company printed hundreds of thousands of supplier invoices annually. Now 92% of invoices are touchless.

By Deborah Abrams Kaplan • Jan. 30, 2020

2020 M&A trends: ‘Scope’ deals to take center stage

Deals that move companies into new business areas have a spotty record of success, but companies aren't deterred from making them the centerpiece of their M&A strategy this year.

By Robert Freedman • Jan. 29, 2020

When forecasts are misaligned

Coordinating plans across finance, operations, procurement and logistics can be a challenge, especially at large businesses. A central forecasting team can help. 

By Deborah Abrams Kaplan • Jan. 28, 2020