Digital transformation, worker retention can cut costs

Investing in digital transformation initiatives as well as retaining skilled workers can better position companies to weather the coming recession.

By Grace Noto • Aug. 19, 2022

CFOs flag staffing, digital transformation as top growth challenges

CFOs pointed to staffing and hiring challenges as well as digital transformation as the top barriers to fostering growth at their companies, a study finds.

By Grace Noto • Aug. 15, 2022

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

Akumin terminates CFO per transformation plan

With the hiring of a global business transformation specialist as Akumin’s interim CFO, William Larkin is fired from the top financial seat. 

By Elizabeth Flood • Aug. 15, 2022

Coalition, Inc. names first ever CFO

Jim Young plans to take the company to bigger heights and tap into the massive cybersecurity market.

By Elizabeth Flood • Aug. 12, 2022

Société Générale exec pivots to eFuels CFO

Société Générale Managing Director Roberto Simon took on the CFO seat for eFuels company HIF Global as the company consolidates plans to help “decarbonize” 5 million cars.

By Grace Noto • Aug. 11, 2022

Plummeting tech valuations lead to record $23B SoftBank loss

The slump in global technology stocks, rising inflation and a weaker yen led Japanese bank SoftBank to report a record $23 billion loss.

By Grace Noto • Aug. 8, 2022

CFOs to boost IT, tech budgets in face of inflation: Gartner

Forty percent of CFOs are planning to hike up IT spending in the next 12 months, with many seeking to tap automation to collect key financial insights.  

By Grace Noto • Aug. 5, 2022

Presidio names former IQVIA, S&P exec as new CFO

Manny Korakis is joining Presidio as it has benefited from a surge in demand for IT services during the pandemic.

By Elizabeth Flood • Aug. 3, 2022

Crypto ‘citizen’s arrests’ may continue until Congress wrangles ‘Wild West’

The SEC, DOJ and Treasury are all patrolling the digital asset space. The CFTC is calling for unity. And lawmakers’ vision for a cohesive strategy just took a summer vacation.

By Dan Ennis • July 29, 2022

Gartner: CFOs likely to reduce sustainability spend before talent development, tech

Economic pressures could lead CFOs to cut down on investments in sustainability despite a growing executive focus on ESG, Gartner finds.

By Grace Noto • July 25, 2022

NBCUniversal Peacock CFO to transition to MariaDB

Christine Napoli, a 25-year NBCUniversal veteran, will take on the financial helm at open source software firm MariaDB as the company gears up to go public via SPAC offering.

By Grace Noto • July 21, 2022

C-suite savvy key to digital transformation success, McKinsey says

Many top executives are underwhelmed by the pay-off from spending on digital transformation, including after building new digital businesses within their companies.

By Jim Tyson • July 20, 2022

Citigroup is actively investing to improve automation, says CFO

Citigroup marches forward with technology investments as companies rethink their tech spending.

By Grace Noto • July 18, 2022

Twitter suit details CFO, CEO caught in Musk crossfire

Twitter’s complaint paints a picture of senior executives under pressure as they seek to cooperate with and provide information to a mercurial buyer.

By Maura Webber Sadovi • July 13, 2022

Cloud computing adds value well beyond agility, efficiency: Deloitte

Companies excelling in the use of cloud computing work with three or four cloud providers rather than only one or two and do not spend much more on cloud platforms and services than their rivals, Deloitte found in a survey.

By Jim Tyson • July 11, 2022

Tapping the cloud can help CFOs craft data-driven ESG strategies

CFOs should look to the cloud and other data-driven technologies to help them build out holistic, long-term ESG strategies in the face of changing regulatory and social pressures.

By Grace Noto • July 8, 2022

Don't abandon stablecoins over Terra, CFO says

Fintechs and financial services players will "be the driver of innovations and regulations that enable stablecoins, crypto and other digital assets to scale," argues Metallicus Chief Financial Officer Irina Berkon.

By Irina Berkon • July 8, 2022

Excel skills remain top of list for FP&A roles: report

Advanced use of Excel is still required for the majority of FP&A jobs, with nine out of 10 top U.S. companies still seeking out Excel proficiency when filling financial analysis roles, DataRails finds.

By Grace Noto • July 1, 2022

Technology literacy is key for candidates aspiring to the CFO seat

Fostering greater technological literacy and taking on the responsibility of growing and enhancing their organization’s data utilization could be one way future CFO candidates differentiate themselves from the pack come hiring.

By Grace Noto • June 24, 2022

Businesses nudged to decentralize cybersecurity leadership

The push to enable employees to make informed security decisions comes amid an increase in the rate and severity of cyberattacks.

By Lindsey Wilkinson • June 24, 2022

Successful AI deployment relies on finding key talent: Gartner

CFOs should implement four key behaviors to drive AI in finance out of its infancy and see quicker returns, according to Gartner.  

By Grace Noto • June 23, 2022

Affirm CFO takes on BNPL skeptics, shrugs off new competition

Apple's entry into the buy now-pay later market isn't a concern for Affirm, the company's Chief Financial Officer Michael Linford asserted Tuesday.

By Jonathan Berr • June 17, 2022

Comera Life Sciences taps Boston Scientific veteran for CFO role

Boston Scientific alum Michael Campbell will act as CFO for recently public life sciences Comera, taking the helm approximately one month following the company’s SPAC merger.

By Grace Noto • June 16, 2022

Intel CFO sees diversification as key to combating supply chain challenges

Companies must move to increase buffer inventory, foster diverse supply chains in face of geopolitical challenges, said Intel CFO David Zinsner.  

By Grace Noto • June 15, 2022

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