Strategy & Operations: Page 75
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AI yields 30% of revenue at tech-savvy companies: Accenture
Despite a big potential boost in profits, most companies fail to seize on the full benefits from artificial intelligence, Accenture found in a survey.
By Jim Tyson • June 13, 2022 -
Visa CFO sees long runway with cash-to-card transition
The largest U.S. credit card network company sees plenty of future growth opportunity as payments digitization prompted by COVID-19 remains in an early stage, Visa Chief Financial Officer Vasant Prabhu said at recent investor conferences.
By Caitlin Mullen • June 13, 2022 -
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TrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
How SEC ESG disclosure rules will impact private companies
The responsibility for overseeing how environmental impacts are tracked and measured is expected to fall mainly on CFOs.
By Robert Freedman • June 10, 2022 -
Fitch still on hunt for acquisitions, CFO says
“As the world is entering into a less accommodating operating environment we need to continue to work on ways to grow our revenue,” Fitch CFO Tracey Perini said.
By Maura Webber Sadovi • June 9, 2022 -
Tips for CFOs advancing ESG: Gartner
Finance chiefs facing increased pressure to implement sustainable initiatives can take several steps to make sure the programs succeed and drive business value.
By Maura Webber Sadovi • June 8, 2022 -
IKEA finance chief busts four ESG 'myths'
C-suite executives stymied by misperceptions about sustainability are slow to gain from shrinking their companies’ carbon footprints, according to Ingka Group-IKEA CFO Juvencio Maeztu.
By Jim Tyson • June 8, 2022 -
CFOs should use AI to navigate 'dark horizons' in scenario planning: Gartner
CFOs aiming to improve scenario planning with artificial intelligence need to overcome an aversion to gathering and analyzing a broad variety of data, according to Gartner.
By Jim Tyson • June 7, 2022 -
Many CFO-led teams still follow 20-year-old ‘steward’ role: Microsoft
CFOs and other finance executives identified as the most disruptive business trend the imperative to streamline team collaboration, Microsoft found in a survey.
By Jim Tyson • June 6, 2022 -
'Social inflation' increasing severity, frequency of litigation against companies
In a self-reinforcing loop, more claimants seek bigger awards and more frequently get them, an analysis by a global insurance support company says.
By Robert Freedman • June 6, 2022 -
Manufacturers shift tactics to stay ahead of ingredient, edible oil turmoil
CFOs grappling with supply chain friction can learn from food companies that have had to stay flexible as war, weather and export bans pressure ingredient supplies.
By Samantha Oller • June 3, 2022 -
Recession 'not inevitable,' Moody's says
CFOs considering changes to wages, prices and other critical points of business strategy must filter an unusual range of conflicting economic forecasts.
By Jim Tyson • June 3, 2022 -
Repay CFO uses 5% raises, retention packages to win workers
While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slow down in growth for our core markets."
By Maura Webber Sadovi • June 2, 2022 -
Photo by Karolina Grabowska from Pexels
OpinionPrepping for the next phase of stimulus fraud probes
Federal authorities appear to be operating under a strong mandate to ferret out perceived fraud and abuse in the oft-confusing world of COVID-19 stimulus programs.
By Matthew S. Adams • May 31, 2022 -
Big tech pushes passwordless for payments
Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that's aimed at improving digital identity verification, including for payments.
By Lynne Marek • May 27, 2022 -
Bank of America boosts minimum wage to $22 per hour
The pay raise comes as financial executives across industries are strategizing over how to hold on to employees in one of the tightest labor markets in decades.
By Robin Bradley • May 25, 2022 -
How one CFO used ERP to tackle COVID-19 testing
Updating Impact Health’s manual finance systems as demand for testing soared felt like “building a 747 in the air,” CFO Jennifer Herdler said.
By Maura Webber Sadovi • May 25, 2022 -
Moderna's CFO says scaling, hiring are constraints
David Meline, who joined Moderna as CFO in June 2020, was brought back within the week of his retirement earlier this month to replace the ousted Jorge Gomez.
By Maura Webber Sadovi • May 23, 2022 -
Sponsored by Planful
Finance is a team sport: 4 ways finance leaders can collaborate to deliver insights
In this article, learn more about how you can turn your finance operation into a high-performing team that drives more value across the organization.
By Grant Halloran, Planful CEO • May 23, 2022 -
Clorox sheds suppliers as COVID-19 inches toward 'endemic phase'
“As that supply chain starts to level out, and we’re able to step out of some of those relationships with material suppliers, that also should reduce our cost,” Clorox CFO Kevin Jacobsen said on the company's third-quarter earnings call.
By Colin Campbell • May 20, 2022 -
How employers can help struggling hybrid workers
Employers can't just take one approach toward this issue but there are a number of ways to adjust old structures to new work realities.
By Ryan Golden • May 20, 2022 -
Just 30% of CFO-CIO relationships are 'collegial': Gartner
More collaborative partnerships likely yields better digital outcomes because the CFO and CIO “tend to act like members of the same team instead of creating decision-making friction," the survey report states.
By Maura Webber Sadovi • May 19, 2022 -
Cloud adopters hobbled by 'on-premises computing' mindset: McKinsey
Making six “persistent and pernicious mistakes,” many companies waste money and fail to derive the full value from their move to cloud computing.
By Jim Tyson • May 18, 2022 -
Will Twitter CFO keep role in Musk-led scenario?
While Parag Agrawal referred to himself as a "lame-duck" CEO last week, the jury is still out as to whether Twitter finance chief Ned Segal will stay on if Elon Musk's deal to buy the social media giant closes.
By Maura Webber Sadovi • May 16, 2022 -
Wayfair CPO shifts to CFO, chief administrative officer role
HR pros, who often have strong leadership skills and high emotional intelligence, can be model candidates for C-suite roles, according to one executive search firm.
By Kate Tornone • May 16, 2022 -
Companies need to align efforts at disclosure, cybersecurity: SEC attorney
The SEC aims to protect investors from cyber-related risks by cracking down on companies that release misleading disclosures about cyberattacks, according to the top attorney in the agency’s Crypto Assets and Cyber Unit.
By Jim Tyson • May 13, 2022