Strategy & Operations: Page 27


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    ‘Maverick’ SaaS spending by workers can waste millions: Vertice

    A company with more than 2,000 employees wasted, on average, as much as $4.3 million on underutilized SaaS licenses in 2023.

    By Feb. 20, 2024
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    Honeywell exec upbeat on warehouse automation trends

    Rising e-commerce shipments and ongoing labor shortages are among macrotrends that are favorable to the market.

    By Feb. 20, 2024
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    Trendline

    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
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    Investors rank securing talent as top corporate priority in 2024: EY

    Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said. 

    By Feb. 16, 2024
  • IRS Commissioner Daniel Werfel.
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    Werfel defends IRS against Republican efforts to slash funding

    Before the approval of $80 billion in extra funding in 2022, the Internal Revenue Services fielded just one examiner for every 150 of the largest tax filers, IRS Commissioner Daniel Werfel said.

    By Feb. 15, 2024
  • Boeing CFO expects 2H24 production resurgence, cites ‘uncertain moment’

    The aerospace company is grappling with the implications of last month’s midair door plug blowout that shocked travelers and sparked an FAA audit.

    By Feb. 15, 2024
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    Want a remote accounting or finance gig? It could be your lucky year.

    The accounting and finance job category rose to take second place in FlexJobs’ 2024 ranking of the strongest fields for work-from-home roles.

    By Feb. 14, 2024
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    Inflation edges up, pushing back forecast of first Fed rate cut

    Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.

    By Feb. 13, 2024
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    AI dominates CFOs’ 2024 budget hike plans

    The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

    By Feb. 13, 2024
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    Auditors should follow tougher standards for identifying fraud: IAASB

    A proposal for stricter rules by the global standard setter for corporate audits follows what it says is a rash in fraud cases in recent years.

    By Feb. 12, 2024
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    PayPal cost-cutting likely to persist

    The digital payments pioneer’s expense reductions may take years to benefit the company’s bottom line as management resets the business strategy.

    By Lynne Marek • Feb. 12, 2024
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    CEO optimism hits two-year high as inflation cools: Conference Board

    More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.

    By Feb. 9, 2024
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    Minority CPAs drop 26% after 150-hour rule: MIT

    Proponents of the more onerous rule say it raises the quality of accounting services. The study’s authors found “scant evidence.”

    By Feb. 9, 2024
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    Yellen backs legislation to avert AI threat to financial stability

    Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.

    By Feb. 8, 2024
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    Walgreens names permanent CFO in management shakeup

    The pharmacy chain’s recently-installed CEO announced executive team changes as the company looks for a fresh start after financial struggles.

    By Feb. 8, 2024
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    IRS to collect $561B more in tax revenue with new enforcement funds

    The Treasury highlighted the payoff from stepped up funding for IRS enforcement as Republicans seek to cut the agency budget.

    By Feb. 7, 2024
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    Earnings season CFO moves pile up: Prudential, H&R Block

    Announcing CFO exits and entrances during earnings season can pave the way to a smooth transition — but there can be downsides.

    By Feb. 7, 2024
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    Profit is the ‘high value’ IPO ticket, NetSuite execs say

    As the IPO market recovers, investors are putting a premium on companies that have demonstrated stable profitability.

    By Feb. 7, 2024
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Yellen says commercial real estate losses may leave banks ‘quite stressed’

    Bank regulators aim to avert turmoil caused by a slump in the value of commercial real estate, Treasury Secretary Janet Yellen said in testimony to a House committee.

    By Feb. 6, 2024
  • Federal Reserve Chair Jerome Powell.
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    Fed pivots to considering when to cut main interest rate: Powell

    Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.

    By Feb. 5, 2024
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    US economy will likely cool as ‘real’ interest rates rise: ACCA

    As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.

    By Feb. 2, 2024
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    R&D tax credit tweak proposal sparks pushback

    The American Institute of Certified Public Accountants asserts information required by the proposed new form will be a “material burden” for taxpayers.

    By Feb. 1, 2024
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    Productivity rebound buoys profits, blunts inflation, validates streamlining

    A leap in productivity may reflect a post-pandemic readjustment rather than a lasting trend in higher efficiency, Federal Reserve Chair Jerome Powell said.

    By Feb. 1, 2024
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    Fed holds main rate steady, wants ‘greater confidence’ inflation falling

    The central bank dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates. 

    By Jan. 31, 2024
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    CFO Dive’s 2024 outlook roundup: Trends to watch

    Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.

    By CFO Dive Staff • Jan. 31, 2024
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    Healthcare CFOs explore M&A, automation and service line cuts in 2024

    Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.

    By Susanna Vogel • Jan. 31, 2024