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Inflation vs. Recession: What are CFOs Biggest Concerns for 2023?

Inflation vs. Recession: What are CFOs Biggest Concerns for 2023?

by Controllers Council | Oct 31, 2022 | CFO Insights, Crisis Management, Economics/Economy

A recession is expected in North America by 2023, but are CFOs more afraid of recession or inflation in this country? A recession is a significant, widespread, and prolonged downturn in economic activity. Inflation is a rise in prices, which can be translated as the...
CFOs Turnover During Uncertain Times

CFOs Turnover During Uncertain Times

by Controllers Council | Oct 25, 2022 | CFO Insights, Corporate Finance, Crisis Management, Economics/Economy, HR/Talent

In the last few months, some of the country’s biggest companies have lost their finance chiefs. Studies show that Fall is a period of high CFO turnover. Take a look at a recent Wall Street Journal article to learn about finance chiefs switching jobs as companies face...
Controllers Recession Management Playbook

Controllers Recession Management Playbook

by Controllers Council | Jul 18, 2022 | Controllers, Crisis Management, Economics/Economy

In the world of business, no one is immune to recessions. Controllers are often the ones who must manage through these difficult times by making tough decisions and implementing strategies to keep their companies afloat. Although there’s no one-size-fits-all...
Controller’s Guide to Managing Cash During a Crisis

Controller’s Guide to Managing Cash During a Crisis

by Controllers Council | Apr 1, 2020 | COVID-19, Crisis Management

Crises happen. Sometimes they’re internal, or as you’ve seen in the last month, sometimes they’re external. As a controller, now is probably one of the most stressful times you’re facing. It’s also one of those ‘call to greatness’ moments for your role. After all,...
The Pandemic Stress Test: Were Your Spend Management Processes Ready?

The Pandemic Stress Test: Were Your Spend Management Processes Ready?

by Controllers Council | Mar 31, 2020 | Accounting, Corporate Finance, COVID-19

Whether it’s due to a work-from-home requirement passed down by state or federal governments, or regularly scheduled vacation time during the summer, business doesn’t stop because a person isn’t in the office. Suppliers still expect to be paid, orders need to be...

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