GOP lawmakers tell Gensler not to bow to EU’s tough climate rules

The Biden administration aims to allow strict EU standards on climate risk to guide actions by U.S. companies, according to top Republican legislators.

By Jim Tyson • June 6, 2023

Contrarian investors keep office sale-leaseback market ‘open’

While office vacancies have soared due to the rise of hybrid work, office sale leaseback transactions ticked up to comprise 10% of the total sale leaseback transactions in the first quarter.

By Maura Webber Sadovi • June 6, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Tight credit to trigger recession in final half of 2023: Moody’s

The U.S. service sector stalled last month, the Institute for Supply Management said Monday, adding to signs of a potential downturn in the months ahead.

By Jim Tyson • June 5, 2023

Strong hiring blurs Fed’s signal of pause in rate hikes

Robust payroll growth in May shows that the central bank, as part of its effort to curb inflation, has made limited progress in cooling the labor market.

By Jim Tyson • June 2, 2023

FASB tax disclosure plan draws fire

Some heated feedback elicited by the proposed new tax disclosure requirements suggests the road to consensus might still be rocky.

By Maura Webber Sadovi • June 1, 2023

CFOs should lead adoption of generative AI: Gartner

The rapid spread of generative AI has compelled top finance executives to weigh big opportunities from the new technology against its risks.

By Jim Tyson • June 1, 2023

Newly-minted Alation CFO shares lessons learned from Peloton

One month after joining Alation, former Peloton CFO and investment banking alum Jill Woodworth told CFO Dive what she’s bringing from past experiences to her new role.

By Elizabeth Flood • June 1, 2023

AI can double productivity in three years: Gartner

CFOs are more likely to succeed in adopting artificial intelligence if they take steps to overcome cultural obstacles to the new technology, according to a Gartner expert.

By Jim Tyson • May 31, 2023

Use case is key in getting started with AI: Gartner analyst

While generative AI holds immense promise, some use cases in the short term may be too risky without careful “stress testing,” says Gartner analyst Arun Chandrasekaran.

By Alexei Alexis • May 31, 2023

Prudential PLC CFO resigns amid recruiting conduct probe

The Hong Kong, China-based insurer said its CFO “fell short” of the high standards that Prudential PLC sets and expects all of its colleagues to adhere to.

By Maura Webber Sadovi • May 31, 2023

Consumer confidence sags on gloomy jobs outlook

The proportion of consumers who said jobs were hard to get rose in May, the Conference Board said.

By Jim Tyson • May 30, 2023

Nestlé poaches LSEG CFO amid sector churn

Two consumer goods giants announced CFO exits Tuesday. Only Nestlé named a successor.

By Maura Webber Sadovi • May 30, 2023

Visibility is key for protecting cash flow, Trovata CEO says

A new treasury platform is using ChatGPT technology to give finance chiefs higher visibility into their cash flow.

By Elizabeth Flood • May 30, 2023

Accounts payable shouldn’t be a cost center

CFOs are under growing pressure to drive efficiencies at zero cost. Leveraging intelligent automation to process invoices can help, Steven Cronin writes.

By Steven Cronin • May 26, 2023

Most small businesses worry about credit squeeze: Goldman

Inflation last month persisted at more than twice the Federal Reserve’s 2% target, raising the possibility that policymakers may raise borrowing costs again next month.

By Jim Tyson • May 26, 2023

WeWork CFO follows CEO out the door

Andre Fernandez’s swift exit marks the company’s fourth CFO transition since March of 2020.

By Elizabeth Flood • May 25, 2023

Fed officials disagreed on need to raise rates in June

Financial markets signal expectations that the Fed will reverse course and begin to trim borrowing costs as early as September.

By Jim Tyson • May 24, 2023

Zoom raises forecasts, continues on AI train

The company is positive in its look ahead for 2024, despite recent headcount reductions and a slowing business environment.

By Elizabeth Flood • May 24, 2023

SEC enforcement not ‘a game of gotcha,’ Grewal says

The SEC will press on with aggressive enforcement while seeking to collaborate with companies under scrutiny, the agency’s enforcement director said.   

By Jim Tyson • May 23, 2023

Warehouse robots in high demand despite downturn: report

Revenues from automated forklifts reached a total of $1.5 billion in 2022, nearly $200 million higher than previously projected, according to Interact Analysis.

By Alexei Alexis • May 23, 2023

RingCentral CFO describes career choice, staying ‘fiercely prioritized’

From investment banking to an operational finance role to finally taking on a public company CFO role, Sonalee Parekh has run the gamut when it comes to her financial career path.

By Elizabeth Flood • May 23, 2023

Resilience sounds alarm on 300% ransomware resurgence

Ransomware claims by the cyber insurer’s customers grew 300% from the third quarter of 2022 to the first quarter of this year.

By Alexei Alexis • May 23, 2023

Investors oppose using ESG criteria in retirement funds: Gallup

U.S. companies face intense pressure to embrace sustainability even as many Americans do not want ESG goals to guide the investment of their retirement money.

By Jim Tyson • May 22, 2023

The CFO design thinking mindset

Taking a human-centered approach to leadership is key for CFOs to craft agile leadership strategies, IMA’s Loreal Jiles said.

By Elizabeth Flood • May 22, 2023

Integrated supplier payments: a simple solution that serves a complex process

A business without reliable, on-time vendor payments is like a farm with a tractor.

By Esker • May 22, 2023