The Latest
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Opinion
Your AP metrics were built for the wrong suppliers
Accounts payable metrics measure invoice volume, but the real cost driver is supplier count, and most finance teams have no idea how many small vendors are hiding in their system.
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Sponsored by Paystand
Labor is becoming digital
There is still a lot to learn about what happens when digital employees become part of our workforce.
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Diesel’s supply crunch may hit CFOs through freight contracts
Chevron CFO Eimear Bonner expects energy prices to stay elevated, while a major trucking CEO says contracts signed before diesel prices rose are hurting the bottom line.
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Many U.S. CFOs maintain a rosy three-year outlook
In the face of several crises around the globe, American finance chiefs are still largely optimistic, according to surveys by U.S. Bank, Deloitte and others.
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Opinion
5 ways CFOs can own the financial side of AI strategy
Making artificial intelligence investments was the easy part. Now finance leaders must defend them.
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Firms’ AI leaders lack confidence in governance frameworks
They’re concerned about insufficient internal expertise, out-of-date risk protocols and the potential to run afoul of new regulations, finds a new EY report.
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Hugo Boss CFO/COO Yves Müller departs for personal reasons
Ivica Maric, a 21-year company veteran, will take over finance and operations on Oct. 1 as Hugo Boss works to improve profitability amid falling sales.
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CFOs On the Move: Week ending Sept. 25
Diageo hires WPP’s finance chief, Endava places CFO on leave amid accounting investigation and Adyen taps Klarna's chief financial officer.
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If AI takes on junior-level work, how will CFOs develop talent?
Teikametrics CFO Brian Beaupre is changing how he evaluates young candidates. Meanwhile, a discussion on The Accounting Podcast asks where they’ll gain the judgment senior roles require.
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Demand for AI expertise far outpaces wage growth
New hires with advanced technical capabilities are getting a bigger pay premium than existing workers who upskilled.
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Ex-CFO of firm running social accounts for Trump named in embezzlement suit
X Strategies, which is reportedly behind several popular social media accounts for the president, has sued co-founder and former CFO Derek Utley.
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Q&A
Float CFO on the credit risk behind rising AI revenue
Jannis Koehn explains why a fast-growing AI company can still be a risky borrower, and when he advises founders to raise equity instead.
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Opinion
Why smart executives still get return-to-office wrong
They own the playbook to fix their office attendance policies. They just haven’t opened it yet.
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CFO optimism held steady in Q3, but ‘warning signs’ emerge: Duke-Fed
In the latest quarterly survey, finance chiefs showed concern for rising interest rates and inflation despite general optimism for the U.S. economy.
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Nearly half of CFOs say they’d go with AI over a gut feeling
In a survey by enterprise planning firm Board, finance chiefs were likelier than CIOs and COOs to follow a recommendation from an AI tool when if it “conflicts with their instinct.”
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Inside the Canadian midmarket CFOs’ struggle to make AI work
Finance leaders at a recent CFO Alliance gathering in Toronto said they are finding hidden costs and new risks as AI experiments move closer to core financial systems.
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Q&A
G2’s CFO says SaaS expos may become obsolete
Alex Bradley told CFO.com how AI is changing the software purchasing process and pulling many finance chiefs further into the buying process.
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Following failed CEO ouster, Automattic names a new CFO: Trial Balance
Jeremy Klaperman has been appointed interim finance chief of Automattic, parent company of WordPress.com, Tumblr and other internet brands.
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Forecast for AI’s global economic impact by 2035: $4.7T
It took the internet twice as long to realize less than a third of that impact, says Bain & Co.
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Shadow AI use booms, finds new Deloitte survey
One in three U.K. workers are using generative AI for work of their own accord, according to a Deloitte survey of 25,000 workers.
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CFOs On the Move: Week ending Sept. 18
Former Waymo CFO joins self-driving startup Wayve, Hub Group names a new finance chief and Flowserve’s chief financial officer heads to Flex.
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Q&A
Culligan CFO on the flow toward cleaner, sustainable water
Andy Kellogg explains how changing consumer habits are shaping the 90-year-old company’s growth and investment priorities.
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Why an Atlanta Braves shareholder is pushing for a sale
Breach Inlet Capital Management, which has a stake in the team, cited big-ticket sales of other sports teams and tax code changes around executive compensation.
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One in 10 procurement officers have no shared metrics with CFOs
A new survey of American and British business leaders reveals recurring gaps between procurement teams and finance teams.
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Risk oversight shifts into a full board priority
Increasingly complex risk profiles lead boards to expand focus beyond risk and audit committees, finds a new Ernst & Young report.
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Mastercard CFO seeks international growth
The company’s new chief financial officer presented his view of stablecoins, growth and acquisitions at an investment bank conference last week.