Nov. 30 - Pandemic boosts CFO-to-CEO path | 6 benefits of a digitized AP function
November 30, 2020
How Gilead finally spent its money; 6 ways a digitized accounts payable function benefits CFOs; How to best manage ESG disclosures; SEC charges e-commerce startup with defrauding investors
Companies hiring CEOs during the pandemic are mostly tapping CEOs from other companies, but they're also increasingly hiring CFOs for the top spot, a survey of 965 global companies found.
This year, the biotech spent about $27 billion trying to become a leader in cancer research. But Gilead's CFO, Andrew Dickinson, said there's still work to be done.
CFOs need accurate, timely financial data; an automated AP function is the best way of getting there, Shan Haq, vice president of corporate strategy and development at Transcepta, says.
Environmental, social and governance reporting will likely become mandatory for public companies, specialists say. CFOs should figure out best practices now.
CEO Andrew Chapin told investors Benja was a successful online advertising platform, generating millions of dollars in revenue from popular consumer clothing brands and retailers, but it wasn't.
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