Bergdorf Goodman's finance chief on collaboration; CFO concerns for 2025; Duke says CFOs are election-weary
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Bergdorf Goodman's CFO talks about leadership and collaboration
Aaron Peterson , CFO of Bergdorf Goodman and head of FP&A at Neiman Marcus Group , talks about the importance of cross-collaboration within finance,?challenging an entrenched culture and how to get the best data out of the systems currently in place.
"On the finance technology side of things, we are a bit light on systems. We run a lot of things out of Excel. But I will say our ability to capture and leverage data in the decision-making process has greatly improved over the last two years. When I got here, there was a narrative around data that certain parts weren’t accessible. I heard, “We don’t have that information” or “We don’t have that data.” But the reality was and still is that if you push back on that and challenge the thinking while encouraging new approaches, it can make your teams and data sets really actionable."
7 key concerns for CFOs heading into 2025
New data from AvidXchange, Inc. highlights what’s on finance executives’ minds as another new year approaches. There are seven dominant themes, according to a new report based on a survey of 500 leaders.
Duke-Fed CFO survey says 30% of CFOs have cut spending because of upcoming election
According to the latest quarterly CFO survey,?a collaboration of Duke University - The Fuqua School of Business and the Federal Reserve Bank of Richmond and Federal Reserve Bank of Atlanta , uncertainty around the election is causing nearly a third (30%) of CFOs to either postpone, scale down, delay indefinitely or cancel investment plans.
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Mastering finance transformation: 4 strategies for private equity-backed CFOs
Connor Augustyn , director of operations excellence and finance transformations at West Monroe , provides four critical steps help private equity backed CFOs navigate the complexities of finance transformation and build a future-ready finance function that delivers value.
Private equity’s growing buy-in to public accounting stirs concern
This week's edition of the Trial Balance series took a look at the uptick of private equity's investment in public accounting firms. Not only will the outcomes of the upcoming U.S. presidential election impact their ability to inject dollars into firms, but the desire for PE money by the firms themselves may be coming from a place of need.
The cash requirement for public accounting firms to develop technology, explore consulting products and even pay employees more is increasing, as the quality of work these firms are putting out, particularly in the audit space, is frequently failing to meet standards.
How fitness routines make for better CFOs
Janice Stucke, CPA of CREW Network , Chris Ortega of Fresh FP&A , Jack McCullough of The CFO Leadership Council and Gresford Barrington Gray of Coforma share how their fitness routines make them better leaders.
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This edition of Preferred Shares was created by reporter Adam Zaki .
Group CFO Blink Experience Riyadh
1 个月It’s important to estimate those concerns to better asses and mitigate risks