Some companies are taking aggressive action to pass on at least some of the abnormal cost increases to customers.
More than a third of firms expect worker shortages will reduce revenue potential this year, according to The CFO Survey.
The growing optimism "is evident in the robust expectations firms have for revenue and employment growth in 2021," according to The CFO Survey.
The fourth-quarter CFO Survey indicates that finance chiefs are "seeing over the cloud of the pandemic."
"All indicators from The CFO Survey point towards a slow return to normal that is challenging to forecast due to the uncertainty created by this virus.”
Four states passed proposals to increase the minimum wage, adding to the growing support for higher pay floors for U.S. workers.
Finance executives rethink their role in cultivating innovation.
In the last 24 months, less than one fifth of small and midsize companies say they have experienced attacks on their computer networks, CFO finds.
An Ernst & Young survey finds only 55% of CFOs are fully or somewhat confident their reports comply with all reporting needs.
But certain elements of the cash-flow cycle are causing them problems, according to TD Bank.
Thirty-eight percent of CFOs identified health care as their biggest concern, followed by increased competition and skilled-labor shortages.
