Financial News and Analysis | CFO Dive
WEBRealPage lawsuit opens a new antitrust front for pricing algorithms. The rise of Big Data across the economy raises antitrust concerns, especially where companies are sharing sensitive proprietary data, legal experts say. CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.
Bad use of FP&A costs U.S. companies $7.8B a year - CFO Dive
WEBJan 13, 2022 · The financial toll of inefficient FP&A data processes is $7.8 billion, the research calculates: $6.1 billion from hours of low-value data management work being done by high-value analysts and $1.7 billion from Amazon Prime-type innovation not happening. “The FP&A function has promised to take its place at the forefront of economic value ...
Consumption-based pricing models: transition guidance for CFOs
WEBDec 10, 2021 · Many companies in the technology industry are moving toward “pay for what you use” consumption-based pricing models. The trend has been bolstered by several customer benefits — primarily, the model provides a clear linkage between what a customer pays and what they use or value they realize. Additionally, it is a flexible model that allows customers to buy only what they need (i.e., they ...
KPMG cuts about 1,900 more US jobs - CFO Dive
WEBJun 27, 2023 · New York-based KPMG U.S. is laying off about 1,950 employees — roughly 5% of its 39,000-person workforce — with cuts extending across all of its businesses, including tax, auditing, and advisory services, according to company spokesperson Russ Grote. The layoffs follow an earlier round in February in …
Most companies increase spending on diversity training: survey
WEBMay 13, 2021 · Eighty-six percent of financial executives at companies in North America are expanding their budgets for training in diversity, equity and inclusion (DEI), according to a survey by OneStream Software. Seventy-seven percent of financial executives working in finance and 65% of those working in information technology are investing more in DEI ...
Cannabis firm MedMen files for bankruptcy | CFO Dive
WEBApr 29, 2024 · Dive Brief: Following plummeting stock, an exodus of top leadership and failing efforts to offload ballooning debt, cannabis company MedMen filed for bankruptcy in Canada, citing approximately $561 million CAD (about $411 million USD) in liabilities, according to company filings Friday. The Los Angeles, …
4 CFO lessons from the pandemic - CFO Dive
WEBMar 26, 2021 · CFOs who have navigated their companies through a once-in-a-century pandemic can find some comfort in the aphorism, “what does not kill me makes me stronger.”. The onset of COVID-19 a year ago brought severe financial market turbulence, the sharpest recession on record, employee hardship and, …
Citigroup is actively investing to improve automation, says CFO
WEBJul 18, 2022 · Citigroup’s technology spend shot up 14% this quarter as the bank continues its “transformation” plans, moving forward with several key initiatives designed to bolster automation, improve its data governance and organization and make capital planning more agile, CFO Mark Mason said July 15, during the bank’s second quarter earnings call.
Finance Technology News - CFO Dive
WEB5 days ago · EWA providers crusade against CFPB rule proposal. Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans. By Lynne Marek • Aug. 26, 2024.
Walmart used AI to crunch 850M product data points and improve …
WEBAug 15, 2024 · Walmart is using generative AI to improve the data quality of its product catalog in pursuit of CX benefits for its customers and associates, executives said on a Q2 2025 earnings call Thursday. Cleaner data can help associates find specific products by quickly accessing images of packaging. Customers using Walmart’s AI assistant will soon ...
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