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

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Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

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

What's the right forecasting method? It depends on your data.

Time-series forecasting is a method that goes back decades, but as new computational power provides new options, what's the best way to go?

By Matt Leonard • Jan. 28, 2020

New credit loss accounting standard expected to pummel retail income

FASB's CECL standard took effect for public banks at the beginning of this year. Analysts at Morgan Stanley say it's going to hit some retailers hard.

By Robert Freedman • Jan. 27, 2020

2020 Trends: Rise of the CFO-COO

The combined role is gaining popularity across industries. But is it really that much of a change?

By Jane Thier • Jan. 26, 2020

How to combine external data with AI to improve forecasting

Understanding the external factors that affect business can mean the difference between revenue gains and value destruction.

By Robert Freedman • Jan. 26, 2020

Rolling forecasts support your enterprise risk management

This kind of projection can provide an incentive for long-term, value-maximizing behavior over short-term, bonus/target-based decisions rooted in the current fiscal year, writes Bryan Lapidus of the Association for Financial Professionals.

By Bryan Lapidus • Jan. 25, 2020

ThoughtSpot exec: CFO must be company's 'objective source of truth'

Mohit Daswani, who has worked on the finance teams at Square and Paypal, told CFO Dive what he prioritizes as incoming CFO, and what he will expect of his team in preparation for a potential IPO. 

By Jane Thier • Jan. 23, 2020

AI enables biopharma CFO to reduce costs while trials underway

CFO Richard Steinhart can tout the company's efficient use of funds as he meets with potential investors and partners. 

By Robert Freedman • Jan. 23, 2020

Currency exchange rate volatility leaves companies $12.3B poorer

The negative impact is historically high, but represents an easing from a peak $27.7 billion impact in the first quarter of 2019. 

By Robert Freedman • Jan. 22, 2020

'Persuader,' 'strategist' roles to lead finance departments in 2020

A Gartner Finance study divides professional personas into five groups and identifies the ones expected to bring the most value to the finance function. 

By Jane Thier • Jan. 22, 2020

Study: Mission-motivated employees perform better despite lower pay

Offering mission-oriented employees higher pay can correlate to weaker performance, research shows.

By Robert Freedman • Jan. 22, 2020

CFO discovered need for new business model through bankruptcy

CFOs can help leaders see beyond their business to how the broader industry is shifting, Stephen Grist of Bohemia Interactive Simulations says.

By Robert Freedman • Jan. 21, 2020

CFO touts simplified biopharma cap structure

Capital transparency helps investors measure the performance of a $60M clinical-stage company. 

By Robert Freedman • Jan. 16, 2020

Planful: FP&A company rebrands to emphasize continuous planning

CEO Grant Halloran spoke to CFO Dive about the company's new identity and how it better aligns with their vision for finance professionals. 

By Jane Thier • Jan. 15, 2020