Cfo news and trends

BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
B2B Payments // December 10, 2024

The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of 2024, Bank of America’s corporate clients will have made over $1 trillion in payment approvals on the bank’s CashPro App,...

What Bankers Need to Know About CFOs and Working Capital Preferences in the Middle East
CFO // December 10, 2024

“Never take your eyes off the cash flow because it’s the lifeblood of business,” British businessman Richard Branson has been quoted as stating. And the sentiment rings true no matter the business, and no matter the vertical in which it operates.  That’s especially true for...

What Year-End CFO Moves Say About Finance Role’s Evolution
CFO // December 05, 2024

The year end is often a time for chief financial officer (CFO) appointments, resignations or transitions. And as the 2024 fiscal year draws to a close, a flurry of C-suite announcements from companies including Miracle-Gro, Humana, Chipotle, Dollar Tree and more reveal an intriguing narrative:...

How to Take a Flamethrower to Free Trapped Treasury Data
Spend Management // December 04, 2024

Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not just about having data — it’s about having the right data. Still, the rise of digital finance tools means finance...

Interviews & Exclusives
Retail’s Digital Transformation: On-Demand Working Capital Powers Expansion

December 12, 2024
Retailers face the daunting challenges of managing inventory, staff, storage, shelf space — and, in most cases, a digital storefront — all while gauging consumer demand, which can be seasonal. On top of that, retail is a hyper-competitive industry. If retailers haven’t got the right stock on hand, it’s as simple as a short drive […]

BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution

December 10, 2024
The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of 2024, Bank of America’s corporate...

What Bankers Need to Know About CFOs and Working Capital Preferences in the Middle East

December 10, 2024
“Never take your eyes off the cash flow because it’s the lifeblood of business,” British businessman Richard Branson has been quoted as stating. And the sentiment rings true no matter...

How to Take a Flamethrower to Free Trapped Treasury Data

December 04, 2024
Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not just about having data —...

Quick Reads
Esker Integrates Accounts Payable Solution With Microsoft ERPs

November 26, 2024
Esker now enables the real-time integration of its Esker Accounts Payable with two Microsoft cloud-enabled enterprise resource planning (ERP) systems. The integration with Microsoft Dynamics 365 Finance and Microsoft Dynamics 365 Business Central is enabled by an expansion of Esker’s Connectivity Suite, the provider of artificial intelligence-powered business solutions said in a Tuesday (Nov. 26) […]

Apple Finance Chief to Depart at Year’s End

August 27, 2024
Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead...

MoneyGram Appoints Driven Brands Veteran Gary W. Ferrera as CFO

June 10, 2024
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with...

OpenAI Names Ex-Nextdoor CEO Sarah Friar as CFO, Kevin Weil as CPO

June 10, 2024
OpenAI has named a new chief financial officer (CFO) and a new chief product officer (CPO) as it prepares for its “next phase of growth.” Sarah Friar, former CEO of Nextdoor, has...