Ongoing global trade battles have caught America’s mid-sized companies in their crossfire. Unlike multinational giants with deep pockets, and small businesses able to pivot quickly, mid-sized firms can frequently find themselves in an awkward middle ground, big enough to feel the financial strain but not...
In today’s challenging operating environment, the role of the finance department is evolving from managing the books to shaping the future. Few periods have tested the finance function’s strategic mettle like the current landscape. While the role of the chief financial officer (CFO) has been...
When all you’ve got is a hammer, everything looks like a nail. For CFOs battling the tidal waves of uncertainty at home and abroad, recalibrating supplier and vendor relationships, cash flows and working capital, the limitations of spreadsheets and static information (a hammer) are fast...
Strong executive leadership can make or break businesses, particularly during times of uncertainty. It doesn’t just need to be the sole reserve of the CEO or board, either. Executive leadership can come from all corner offices, even those traditionally viewed through the lens of support...
For decades, enterprise software has been anchored in databases, their primary function to store and manage records with precision. The role of the CFO — often seen as the guardian of these records — has revolved around ensuring compliance, accuracy and financial clarity. But in...
Once upon a time, chief financial officers were the suit-and-tie number crunchers keeping the books tidy and making sure the lights stayed on. In the era of artificial intelligence and digital transformation, however, the CFO is no longer just a steward of capital; they are...
Finance is the shared language all businesses speak — especially those engaged in commercial relationships. Against that backdrop, today’s healthcare chief financial officers (CFOs), once primarily responsible for managing budgets, compliance and financial reporting, must also act as strategic business leaders and translators. One of...
The age of the one-size-fits-all balance sheet-crunching CFO is quickly becoming a relic of business history. The chief financial officer today is like the quarterback of a business — only instead of throwing touchdowns, they’re tossing financial strategies, dodging economic hits and leading the team...
Remember floppy disks? Some manufacturers might as well still be using them. But running a modern manufacturing business on an outdated enterprise resource planning (ERP) system can be like trying to race NASCAR with a horse-drawn carriage. Aging ERP systems, cobbled together decades ago, have...