Strategy & Operations: Page 77
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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 -
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 -
Explore the Trendline➔
alexyz3d via Getty ImagesTrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
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 Jim Tyson • May 21, 2021 -
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 Jim Tyson • May 20, 2021 -
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 Jim Tyson • 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 -
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 Jim Tyson • May 18, 2021 -
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 -
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 -
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 Jim Tyson • May 13, 2021 -
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 -
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 Jim Tyson • May 11, 2021 -
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 -
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 -
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 Jim Tyson • May 10, 2021 -
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 -
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 -
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 Jim Tyson • May 7, 2021 -
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 Jim Tyson • May 6, 2021 -
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 Jim Tyson • 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 -
'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 Jim Tyson • May 5, 2021 -
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 -
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 -
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