Strategy & Operations: Page 2


  • New Beginnings in NYC Downtown. Huge cranes on ground zero site.
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    LeoPatrizi via Getty Images
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    Economic data no longer herald recession: Conference Board

    Several data points during the past two weeks paint a sunny outlook for the economy, discouraging forecasts of a downturn.

    By Aug. 19, 2024
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    Grant Baldwin via Getty Images
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    Kamala Harris proposes grocery price-gouging ban as part of economic platform

    Grocery trade groups had mixed reactions, with the National Grocers Association calling for stronger enforcement of current federal antitrust requirements.

    By Catherine Douglas Moran • Aug. 19, 2024
  • a graphic showing hands typing in a keyboard Explore the Trendline
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    iStock / Getty Images Plus via Getty Images
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    Trendline

    Digital transformation, one smart step at a time

    By taking an incremental approach, CFOs can move their finance and accounting operations onto an automated, intelligent platform without letting disruption distract from their efforts to scale.

    By CFO Dive staff
  • A sign reads Cisco in bright red letters outside a corporate office.
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    Justin Sullivan via Getty Images
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    Cisco plans to cut 7% of workforce amid AI push

    The tech giant is “shifting hundreds of millions of dollars” into artificial intelligence and other growth areas of its business, CEO Chuck Robbins said.

    By Aug. 15, 2024
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    D-Keine via Getty Images
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    Opinion

    How to push price and bust currency devaluation

    Whether for increased revenue or profitability, corporate growth requires price increases — potentially as frequently as every six months, Adam Echter writes.

    By Adam Echter • Aug. 15, 2024
  • The Federal Reserve building at sunset.
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    Douglas Rissing via Getty Images
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    Inflation slows to three-year low, clearing way for Fed rate cut

    The central bank at a meeting next month will likely weigh cooling inflation against signs that the labor market is loosening up.

    By Aug. 14, 2024
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    Courtesy of JSW Steel USA.

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    Producer price inflation slows, brightening outlook for Fed rate cut

    The less-than-forecast gain in PPI last month bodes well for a decline in economy-wide price pressures in coming months.

    By Aug. 13, 2024
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
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    gorodenkoff via Getty Images
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    M&A, vendor reliance help drive up ransomware threat: report

    The financial severity of claims related to ransomware attacks increased more than 400% from 2022 to 2023, the study found.

    By Aug. 13, 2024
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    nathaphat via Getty Images
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    Opinion

    Bolstering the CFO-CRO relationship to ensure AI investment returns

    The CFO and CRO can serve as a crucial duo as organizations face pressure to launch revenue-generating AI projects, writes MinIO CFO Mark Khavkin.

    By Mark Khavkin • Aug. 13, 2024
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    kieferpix via Getty Images
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    Fractional experts, AI can ease pressures on ‘overextended’ finance teams

    CFOs need to bring flexibility to overburdened finance teams to navigate economic headwinds, Paro’s Michael Burdick said.

    By Aug. 12, 2024
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    Saranyoo Chantawong via Getty Images
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    Jobless claims dip below forecasts in glimmer of hope for labor market

    The report on initial jobless claims helped fuel a rebound in equity markets following news last week of job market weakness.

    By Aug. 8, 2024
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    NoSystem Images via Getty Images
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    CFOs must act as data, decision-making center: Pigment

    CFOs need access to a wide range of data to ensure they can react speedily to market challenges, Pigment CEO Eleonore Crespo says.

    By Aug. 8, 2024
  • The letters AI on a digital block
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    BlackJack3D via Getty Images
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    AI prep is top challenge for companies drowning in ‘unstructured data’

    The AI boom is forcing companies to consider data management upgrades, as some face budget constraints.

    By Aug. 7, 2024
  • A young woman holding a credit card with a laptop on her legs looking stressed.
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    fizkes via Getty Images
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    Delinquencies rise as household debt hits record high: NY Fed

    Rising consumer debt and delinquencies, along with an increase in unemployment, have shown no signs of dampening consumer spending.

    By Aug. 7, 2024
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    SonerCdem via Getty Images
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    Job market setbacks do not ‘portend’ broad slump: Conference Board

    Investors fearing a recession have pulled back from risk since a report on Friday that unemployment last month rose to 4.3%.

    By Aug. 6, 2024
  • A robotic machine moves through a warehouse.
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    Mark Makela via Getty Images
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    Warehouse robot momentum faces cost, ROI challenges

    Companies that invest in the pricey technology may need to wait two to three years on average to see a return on investment, market analyst Ash Sharma said.

    By Aug. 6, 2024
  • KPMG logo on a skyscraper at night in Toronto CBD, Ontario, Canada.
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    BalkansCat via Getty Images
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    KPMG aims to bolster tech consulting position in Rhino.AI deal

    The combination will help companies modernize their legacy IT systems with “faster time to value” and lower costs, according to Rhino.AI.

    By Aug. 6, 2024
  • The US Federal Reserve building in Washington DC
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    uschools via Getty Images
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    Fed’s Goolsbee seeks to cool speculation of sudden turn to rate policy

    The central bank official cited signs of solid economic growth, including a 2.8%-annual-rate increase in gross domestic product during the second quarter.

    By Aug. 5, 2024
  • CrowdStrike booth at Black Hat USA 2023 in Las Vegas.
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    Matt Kapko/CFO Dive
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    Insured loss impact could reach $1B following CrowdStrike outage

    Guy Carpenter said it could be worse: Had the incident involved a ransomware attack, losses could have reached $2 billion.

    By David Jones • Aug. 5, 2024
  • In an aerial view, an Amazon Web Services data center is shown situated near single-family homes on July 17, 2024 in Stone Ridge, Virginia.
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    Nathan Howard / Stringer via Getty Images
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    Big tech banks on AI boom as infrastructure spending heads for trillion-dollar mark

    “While we're investing a significant amount in the AI space and in infrastructure, we would like to have more capacity than we already have today,” Amazon CEO Andy Jassy said.

    By Matt Ashare • Aug. 5, 2024
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    peepo via Getty Images
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    How to curb ‘key man risk’ and late SEC filings

    The accounting talent shortage and increased reporting requirements helped create a “perfect storm” leading to more late SEC filings, UHY’s Ro Sokhi said.

    By Aug. 2, 2024
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    DNY59 via Getty Images
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    Accounting pipeline task force calls out 6 fixes

    Reducing the time and cost of education needed to become a licensed CPA and raising starting salaries were among the solutions proposed in the final report.

    By Aug. 2, 2024
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    Fizkes via Getty Images
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    6 out of 10 firms expect to hold finance staffing steady, study finds

    While the majority of firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a recent Controllers Council survey. 

    By Chris Gaetano • Aug. 2, 2024
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    Stephen Maturen via Getty Images
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    Minnesota CPAs eye 2025 after 120-hour bill stalls

    The bill would have allowed Minnesota CPAs to obtain a license with just 120 college credit hours — rather than the 150 hours now required.

    By July 30, 2024
  • Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses.
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    gorodenkoff via Getty Images
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    BlackBerry promotes cyber finance chief to company CFO

    The CFO shift comes as BlackBerry seeks $150 million in cost saving and proceeds with a separation plan for its IoT and cybersecurity divisions.

    By July 30, 2024
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    Startup focused on easing digital B2B payment pain points raises $9M

    The move comes as digital payments among businesses are expected to surge in coming years, creating a complex new world with potential challenges for vendors.

    By July 30, 2024