Strategy & Operations: Page 77


  • Working part-time can open new doors for CFOs

    In addition to enabling a CFO to keep a hand in the profession after retirement, it can help fill several gaps that many professionals experience.

    By Ted Knutson • May 22, 2021
  • Students learning in a classroom
    Image attribution tooltip
    PeopleImages/E+ via Getty Images
    Image attribution tooltip

    Accounting, finance grads face different road to fill CFO shoes

    New entrants to the business world are expected to bring data analytics, risk management, cybersecurity and business modeling to the table, say academic specialists. 

    By Ted Knutson • May 22, 2021
  • navigating Explore the Trendline
    Image attribution tooltip
    alexyz3d via Getty Images
    Image attribution tooltip
    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
  • Image attribution tooltip
    Zach Gibson via Getty Images
    Image attribution tooltip

    Biden aims to raise $700B over 10 years with tougher tax enforcement

    The Biden administration during the next decade seeks to close the "tax gap" by 10% through more effective IRS pursuit of corporate and individual tax cheats.

    By May 21, 2021
  • Image attribution tooltip
    Frank Polich via Getty Images
    Image attribution tooltip

    Legislation needed to smooth transition from LIBOR: Fed official

    The Federal Reserve will bar the use of LIBOR in contracts after December 31, Vice Chair Randal Quarles said, underscoring the need for legislation to smooth the switch to a new reference rate.

    By May 20, 2021
  • 2013 Honda Accords coming off the assembly line at the Marysville Auto Plant Nov. 1, 2012, exactly 30 years after the first Accord was produced in the U.S. at the Marysville, Ohio plant on Nov. 1, 198
    Image attribution tooltip
    Courtesy of Honda
    Image attribution tooltip

    Labor shortages, rising wages intensify inflation threat: Summers

    Despite rising wages, many companies are short on workers, signaling a growing threat of inflation, former Treasury Secretary Lawrence Summers said.

    By May 19, 2021
  • Preparing for the CFO seat, with mentorship built in

    The executive team at Herbalife Nutrition helped pave the way for Alex Amezquita’s finance leadership rise by giving him time to learn the ropes.  

    By Robert Freedman • May 19, 2021
  • Image attribution tooltip
    Tom Pennington via Getty Images
    Image attribution tooltip
    Deep Dive

    Up from the ashes: retailing CFOs get ready for a consumer rush

    Retailing CFOs preparing for a "spring-loaded" consumer splurge provide insights for financial executives in industries less challenged by the coronavirus.

    By May 18, 2021
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    A meeting of the minds: The evolving CMO-CFO relationship

    Thanks to changes in technology, chief marketing officers are getting better at understanding the metrics behind their strategies and CFOs are using marketing analytics to deepen their business insights. 

    By Ramona Dzinkowski • May 18, 2021
  • Image attribution tooltip
    Hinterhaus Productions via Getty Images
    Image attribution tooltip

    Colonial hack a wake-up call to CFOs with legacy systems

    Older systems leave finance and accounting operational data at risk of breach, security specialists say.

    By Ted Knutson • May 14, 2021
  • People working together
    Image attribution tooltip
    Weekend Images Inc./E+ via Getty Images
    Image attribution tooltip

    Most companies increase spending on diversity training: survey

    Roughly four in five companies are increasing their budgets for diversity training and for managing their performance in sustainable business practices, a OneStream Software survey found.

    By May 13, 2021
  • Image attribution tooltip
    Getty
    Image attribution tooltip

    Bankers' main CFO gripe: lack of transparency

    CFOs and their treasurers can get more from their banking relationships if they treat them more as partnerships than customer-seller transactions, banking specialists say.

    By Ted Knutson • May 13, 2021
  • Close up of a person typing on a laptop
    Image attribution tooltip
    SARINYAPINNGAM via Getty Images
    Image attribution tooltip

    Only 20% of CFOs can forecast revenue, earnings beyond a year: survey

    Even after the pandemic shock, most CFOs forgo effective scenario planning and more than half lack the ability to forecast revenue and earnings beyond six months, according to a Prophix Software survey.

    By May 11, 2021
  • Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Lack of automation preventing efficient financial close: CFO survey

    Due to ineffective processes and technology, 51% of CFO respondents to Trintech's Global Financial Close Benchmark Report cited meeting deadlines and time pressures as their biggest challenges this year.

    By Jane Thier • May 11, 2021
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    Companies losing out as insurers skirt rebates

    Health carriers are said to be strategically overestimating how much they use premiums to pay claims to avoid returning money to policyholders.

    By Robert Freedman • May 11, 2021
  • Image attribution tooltip
    Dan Kitwood via Getty Images
    Image attribution tooltip

    Half of companies lack LIBOR phase-out plan: Duff & Phelps

    Despite regulatory pressure, more than half of financial services firms have not determined when they will stop using LIBOR in new contracts, according to a Duff & Phelps survey.

    By May 10, 2021
  • Image attribution tooltip
    Richard Whitcombe via Getty Images
    Image attribution tooltip
    Sponsored by EY

    Enhancing funding plans when there are a variety of options

    CFOs are busy navigating a (surprisingly) expansive menu of capital raising alternatives, weighing the pros and cons of disparate markets.

    By David Brown, Head of US Equity Capital Markets, Ernst & Young Capital Advisors, LLC • May 10, 2021
  • Image attribution tooltip
    Permission granted by BlackLine
    Image attribution tooltip
    Sponsored by BlackLine

    AR intelligence: Providing new answers to old questions

    BlackLine AR Intelligence optimizes working capital by boosting payment predictability and improving collections forecasting.

    May 10, 2021
  • A farmer stands in a field of fonio in Senegal.
    Image attribution tooltip
    Permission granted by Terra Ingredients
    Image attribution tooltip
    ESG reporting

    Companies ignoring ESG may become 'uninvestable,' says investment bank chief

    Interest in sustainability goals is growing "enormously" and companies that ignore the trend risk rejection by investors, according to Larry Wieseneck, co-president of investment bank Cowen.

    By May 7, 2021
  • Image attribution tooltip
    Chris Hondros via Getty Images
    Image attribution tooltip
    Deep Dive

    Up from the ashes: Restaurant CFOs prepare for boom

    Profit-hungry restaurant CFOs blindsided by the pandemic get ready for robust economic growth, offering lessons for leaders in less-stressed industries.

    By May 6, 2021
  • Exterior of the Federal Reserve building in Washington, D.C.
    Image attribution tooltip
    Anna Hrushka/CFO Dive
    Image attribution tooltip

    Rising inflation, higher taxes pose 'headwinds' to growth, Schenker says

    Look for 'eye-popping inflation numbers' and 'horse trading' on taxes as potential economic drags, economist Jason Schenker says. 

    By May 6, 2021
  • Zig Zag CFO ready to capitalize on cannabis

    After weathering a tough period, Turning Point Brands has the resources to become a major presence as legalization expands across the country.

    By Robert Freedman • May 5, 2021
  • Farmers in India producing mint for Mars
    Image attribution tooltip
    Permission granted by Mars
    Image attribution tooltip

    'Gender bonds' empowering women likely to improve issuers' credit outlook: Moody's

    Issuance of bonds tied to women’s economic empowerment will likely grow while boosting issuers’ credit standing, Moody’s said.

    By May 5, 2021
  • Two blue bags with groceries on a doorstep.
    Image attribution tooltip
    Courtesy of Walmart corporate blog
    Image attribution tooltip

    Walmart gives suppliers option for early payment to help increase access to capital

    The retailer is expanding its early payments program through a partnership with the financial technology company C2FO.

    By A.B. Brown • May 5, 2021
  • Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    PPP runs out of funds for most lenders

    About $8 billion remains available through MDIs and CDFIs, the Small Business Administration told banking trade groups Tuesday. But the portal has largely stopped accepting applications, the American Bankers Association said.

    By Dan Ennis • May 5, 2021
  • Image attribution tooltip
    Getty
    Image attribution tooltip

    How CFOs and CEOs collaborate best

    Both executives want strong performance, but the CEO often focuses on opportunities and potential, while the CFO emphasizes realism and honest risk assessment. How should they strike a balance?

    By Jane Thier • May 4, 2021