Crypto firm Abra's new CFO digs into war for talent

Justin McMahan joins a growing number of executives leaving more mainstream finance companies to helm the finances at crypto-focused firms.   

By Maura Webber Sadovi • March 28, 2022

4 ways to boost profits by minimizing deduction leakage

In this piece, we focus on how to minimize and prevent deduction leakage as part of a larger margin preservation strategy. 

March 28, 2022

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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

Minority of CFOs see metaverse transforming their companies

While many financial executives have made big investments in cloud computing to support remote work in the pandemic, a growing number of large companies are now signaling their interest in the metaverse by filing related trademark applications.

By Maura Webber Sadovi • March 25, 2022

Biden tightens Russia sanctions as supply chain recovery falters

The prices of oil, metals and other commodities have surged since the start of Russia’s invasion of Ukraine, complicating efforts by CFOs to overcome the harm from supply chain disruptions.

By Jim Tyson • March 24, 2022

3 ways recurring revenue can fund business growth

Investors are starting to recognize a company's recurring-revenue stream as an asset that can be traded in exchange for up-front capital, a fast, non-dilutive alternative to equity.  

By Harry Hurst • March 24, 2022

Item 9 CFO relishes fight to normalize cannabis industry

"We have new problems to solve every day to normalize the industry and get it out of the back alley,” Item 9 Labs CFO Bobby Mikkelsen said.

By Maura Webber Sadovi • March 24, 2022

Acquisition of bankrupt companies poised to surge this year

One advantage to buying a target business while it’s in bankruptcy is the court’s sale order, which helps ensure the buyer has title to the assets without concerns creditors will assert claims.

By Ted Knutson • March 23, 2022

Internet of Things forces rethink of KPIs: McKinsey

The Internet of Things may unlock as much as $12.6 trillion in value by 2030 if companies weave the technology into their operations, McKinsey said.

By Jim Tyson • March 22, 2022

Hardening cloud against 'bad actors' eclipses budget concerns: BDO

Over the past two years of hybrid work, multiple external devices accessing company networks and the shift away from the "castle-and-moat" structure has turned the cybersecurity landscape upside down, BDO's Steve Combs said.

By Maura Webber Sadovi • March 22, 2022

CRISPR pioneer's biotech taps ex-Barclays banker as CFO

Scribe Therapeutics was co-founded by Jennifer Doudna, who shared the 2020 Nobel Prize in Chemistry for the discovery of CRISPR, the genome editing technology.

By Maura Webber Sadovi • March 21, 2022

Stop kicking the can: Why companies must think long term to solve supply chain challenges

Learn how this partnership between supply chain and finance teams can lead to their supply chain becoming more resilient, flexible and predictive over time.

By David Petrucci, Managing Director Supply Chain Global Leader and Tim Bulman, Managing Director Business Performance Improvement • March 21, 2022

CarParts.com promotes CFO in C-Suite shakeup

With over 300,000 square feet of warehouse space coming online over the next two quarters and a record inventory level, the company is sticking with its strategy of loading up on products to win customers.

By Maura Webber Sadovi • March 17, 2022

'Fourth-party risk' rising during supply chain disruption

Businesses seeking to curb the threats from cyberattacks, high inflation and pandemic interruptions confront an added layer of risk from sub-contractors, KPMG said.

By Jim Tyson • March 17, 2022

Companies settle on hybrid return-to-office model

After embracing remote work, both employers and employees see social interaction as integral to satisfaction and performance.

By Robert Freedman • March 16, 2022

How Kyiv media CFO is adjusting to a war-footing

The Kyiv Independent uses a fintech platform and sends crypto to an exchange, which converts it into payments in local currency, the hryvnia, and lets subscribers pay their fees with non-fungible tokens (NFT), says CFO Jakub Parusinski.

By Maura Webber Sadovi • March 16, 2022

Inflation gauges rising as Fed weighs cutting stimulus

Russia’s invasion of Ukraine has spurred inflation and complicated efforts by the Federal Reserve to curb price gains without harming employment and economic growth.

By Jim Tyson • March 15, 2022

Buybacks soar as companies eye Ukraine, other volatility sources

CFOs in the S&P 500 are sitting on almost $3 trillion in cash, money they can’t easily spend to increase productivity because of tight labor and supply chain constraints.

By Robert Freedman • March 15, 2022

CFOs chase products as war clouds supply chain outlook

“We believe that through 2022, the supply chain will be the fundamental limiting factor to our total output for the year,” Rivian Automotive CFO Claire McDonough said.

By Maura Webber Sadovi • March 12, 2022

Healthcare alliance's CFO to scale, lock down finance functions

“Generally speaking with any early-stage company, you get a lot of nos. I’m going to have to pivot a lot,” said CFO Karen Molis.

By Maura Webber Sadovi • March 11, 2022

CFOs hold pay raises far below inflation despite war for talent

CFOs are spurring resignations by letting inflation far outpace wage gains. They can take steps to improve employee retention even as prices increase at the highest rate in four decades.

By Jim Tyson • March 11, 2022

Company tax bills are rising — along with compliance complexity

Only 18% of companies with $100M or more in annual revenue saw a drop in what they owe, a BDO survey shows. Meanwhile, tax executives are increasingly asked to explain tax impacts, but not help set company strategy. 

By Robert Freedman • March 11, 2022

Former Valentino CFO takes finance helm at IBrands Global

“The company has grown dramatically … and as it often happens, the infrastructure did not grow at the same speed,” said CFO Carmine Pappagallo.

By Maura Webber Sadovi • March 10, 2022

Quitting workers seek higher pay, advancement: Pew

Workers have quit at a record rate as the tight labor market bolsters their confidence in landing better jobs.

By Jim Tyson • March 10, 2022

GP-led continuation funds touted for keeping sponsors, portfolio companies together

The increasingly popular vehicle can be better for operating teams than risking a badly matched sale to an unknown buyer.

By Robert Freedman • March 10, 2022

409A share valuations called more flexible than many CFOs believe

Setting a price is formula-based, but there are levers finance leaders can pull to manage the variance between preferred and common stock, Chad Wilbur of Carta says.

By Robert Freedman • March 9, 2022