To prevent rising interest rates from taking a bite out of the bottom line, your peers could be considering an interest rate hedging strategy in order to keep the rates low on variable-rate business loans and stabilize cash flow. Because…
Budgeting and Forecasting
Digital transformation is key to your role as a CFO. Most of your peers agree, according to a new study from StrategicCFO360 and accounting software provider Vic.Ai. In fact, eight out of 10 of CFOs surveyed said that automation is…
Your peers are feeling less optimism about the economy as prices stay high this quarter, according to the latest results from The CFO Survey, a collaboration between the Federal Reserve banks in Richmond, VA, and Atlanta, and Duke University. In…
The impact of continuing business disruptions related to COVID, the war in Ukraine and inflation have demonstrated that traditional budgeting and forecasting processes that can’t handle rapid changes are actually harmful to the bottom line. According to the experts at…
Inflation hasn't been this high in decades, and you may be wondering how it'll affect company benefit costs. You're not alone. In a recent Mercer survey, most CFOs (68%) said controlling employee health benefit costs is a significant/very significant concern.…
More and more frequently CFOs are becoming CAOs. And we don’t mean Chief Accounting Officers … we mean Chief Agility Officers. The prime example? Forecasting. Today a full 25% of your peers update their company’s forecasts on a weekly basis.…
Quick: What would you say is the biggest threat that could derail your business in the coming months? Unfortunately there are no shortage of them – if you ask your fellow finance pros. The Association for Financial Professionals’ (AFP) 2021…
By now, you’ve heard about Russia’s invasion of Ukraine. What we’re still waiting to see is how the war between the two countries will impact the economy. While the strongest effects will likely be felt abroad, the conflict is poised…
It’s about that time of year when you’re looking at finalizing next year’s T&E budget and evaluating the importance of business travel. Many of your peers might be considering significant cuts. Due to the pandemic, employers may think they can…
As business travel kicks back into gear, you’re likely seeing that the types of expenses employees incur are going back to normal. But costs may be higher than they were before the pandemic. Most CFOs noticed a big shift in…
Time to take a second look at your budget. 2021 shipping costs will likely be higher than originally thought. Updated predictions during the recent “Code Red Freight Forecast” webinar break down the numbers by types of shipping. The numbers you…
Finance pros are notorious for being organized, deadline-driven and systematic. But unpredictable happenings in the office can put a wrench in even the most prepared CFO’s day. (more…)
