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90% of CFOs are outsourcing accounting functions | CFO
WEBAug 7, 2024 · CFOs are outsourcing major components of their accounting function as a result of lingering talent shortages. 65%. 48%. 31%. Accounts payable. Accounts receivable. Cash application. Source:Personiv Get the data Created with Datawrapper. The top areas for outsourcing are accounts payable (65%), accounts receivable (48%) and cash application (31%).
What’s Your Free Cash Flow Margin? | CFO
WEBFeb 25, 2009 · In practical terms, if a company sells a product for one dollar, the free cash margin identifies how many cents the shareholder can take home without stifling the company’s positive cash flow. In that respect, the metric provides companies with a cash flow profit margin, something many CFOs would …
CFOs On the Move: Week Ending Dec. 8 | CFO
WEBDec 8, 2023 · Ellie Mertz, Airbnb’s vice president of finance, will take over as the online homestay marketplace’s CFO on March 1, 2024. Mertz joined the company in Feb. 2013 from Netflix, where she worked for over seven years, most recently as vice president of finance and investor relations. Mertz currently serves on the boards of DoorDash and ...
Duff & Phelps Expands Globally With Kroll Buy - CFO
WEBMar 14, 2018 · Corporate-finance adviser Duff & Phelps has agreed to acquire investigations firm Kroll Inc. in a move to expand its portfolio of services and global reach. The combined organization will have nearly 3,500 employees located in 28 countries around the world, offering services in valuation, corporate …
Small Business Credit is Expensive and Scarce | CFO
WEBAug 15, 2023 · An option is a group like Newity, which offers access to working capital loans through the Small Business Administration’s 7(a) program. Newity’s niche is loans of $250,000 and under, too small for a bank, and rates run at prime plus 275 basis points, or currently about 11%, said Luke LaHaie, co-founder and co-CEO of the firm. (In the current government fiscal year, SBA lenders — many of ...
The ABCs of Self-Funding Your Health Plan - CFO
WEBMay 25, 2016 · Self-funding is not a new or cutting-edge idea. In fact, 94% of employers with 5,000 or more workers do it, according to 2015 research by the Kaiser Family Foundation. Among those with 200-999 workers, 56% self-fund. It’s far less common where there are fewer than 200 workers, with 17% of such …
The SEC Rules on Auditor Independence - CFO
WEBNov 15, 2000 · The SEC Rules on Auditor Independence. The Securities and Exchange Commission today voted unanimously to revamp regulations governing audit firms and the standards by which the independence of their work is to be judged. While the regulations are more stringent than the 18-year-old rules they replace, the …
5 Common Misconceptions About the Chapter 11 Bankruptcy …
WEBJul 8, 2020 · Here are five of the most common misconceptions about Chapter 11 bankruptcy: Bankruptcy means going out of business. Just because a business files for bankruptcy does not mean it is going out of business. While a Chapter 7 business bankruptcy filing involves liquidation, Chapter 11 allows a business to restructure its debts and remain in operation.
Moving finance to the front of the business: Vertiv CFO David Fallon
WEBAug 22, 2024 · Considering the metrics that indicate growth for Vertiv, CFO David Fallon attributes a large portion of the company’s success to a complete transformation of operations. With the help of a new CEO, a reprioritization of the finance team’s role in the business and a culture that emphasizes leaving emotions at the door, Fallon expects to continue this trajectory of growth — as long as the ...