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  • HITEC Special: Does EU GDPR Affect U.S. Hospitality Companies?

    By Alvaro Hidalgo. The EU General Data Protection Regulation has set a path towards protecting personal data which many other countries will follow. In a global industry such as hospitality, it should be a primary objective to take the steps towards compliance.

  • What to Expect at HITEC Houston 2018: Elite Education, Exhibits, E20X and More

    HOUSTON: A booming cosmopolitan city that is home to more than 2 million Texans, NASA’s famous Johnson Space Center, and — in just two short months — the world’s largest hospitality exhibition HITEC®.

  • HFTP Report: Hospitality Data Security — Strategy for Data Protection and Regulation Compliance

    This guide from Hospitality Financial and Technology Professionals (HFTP(R)) covers safeguards that can be implemented in hospitality businesses today, tips on how to continuously improve security and data regulation compliance.

  • HFTP GDPR Guidelines: Privacy Policies for Hotels

    This document offers points to consider in the development of a hotel’s privacy policy. In view of the multiple organisational and legal structures under which hotels operate, as well as the complexity of the third party landscape that may be part of the complete guest experience, this document serves as a guideline only.

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Can Advanced Technologies Ease Compliance?

CFO Magazine·20 June 2018
After a decade of improvements by compliance teams, artificial intelligence and machine learning could further streamline the function and tame costs.
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So You Want To Know What the Market Will Do?

CFO Magazine·18 June 2018
When I was asked to comment on the most recent stock market decline, my initial reaction was: markets go up and they go down. America is a great country, but the U.S. Constitution doesn’t guarantee always-rising markets.
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Shares of Payment Firm Adyen Soar

CFO Magazine·14 June 2018
Shares of the Dutch payment-processing firm Adyen jumped nearly 90% in their first day of trading Wednesday, in what was one of Europe’s largest technology initial public offerings.
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U.S. Immigration Policy Hurts the Economy: Opinion

CFO Magazine·14 June 2018
It's hard to understand why a president who champions a strong economy would act to keep foreign entrepreneurs out of the country.
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Data Security Distracts CFOs from 'Day Jobs'

CFO Magazine·13 June 2018
If only CFOs could fully get back to doing their day jobs of helping set and execute on company strategies and overseeing financial reporting activities. Instead, they’re stuck spending way more time than they’d prefer on keeping criminals at bay.
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Cryptocurrency Theft Hits $1.1B in Last 6 Months

CFO Magazine· 8 June 2018
A total of $1.1 billion in cryptocurrency was stolen over the past six months, with criminals increasingly using the dark web to facilitate theft on a large scale, according to a new report.
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New Accounting Rules Test Companies' Mettle

CFO Magazine· 8 June 2018
Companies’ level of readiness for complying with the new revenue recognition standard was a popular topic throughout 2017, leading up to the rule’s effective date for public companies.
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Investors Push for Climate Risk Disclosure

CFO Magazine· 5 June 2018
While companies may drag their feet on disclosing the true extent of their risks relating to climate change, investors can overcome such subterfuge by raising awareness of the risks and engaging directly with targeted companies.
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Toshiba Sells PC Business to Sharp

CFO Magazine· 5 June 2018
Under the terms of the deal, Toshiba said will transfer 80.1% of TCS to Sharp. After the transfer is closed, TCS will be deconsolidated, the company said.
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Can Corporate Culture Bridge the Talent Gap?

CFO Magazine· 1 June 2018
This article is about human resources, but to the extent CFOs care about corporate culture and employees — and they should care about those things very much — I’m hoping it’s of interest to them.
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Robotics Is Going Mainstream in Finance

CFO Magazine·31 May 2018
Following a number of years during which robotic process automation (RPA) was something only a relatively small number of companies had yet dabbled in, notable progress is now evident, a new report suggests.
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HP Names New CFO, as LesJak Moves Into Interim COO Role

CFO Magazine·30 May 2018
HP named Steve Fieler chief financial officer, replacing Cathie Lesjak, effective July 1. Lesjak is becoming chief operating officer on an interim basis ahead of her retirement in early 2019, the company said.
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U.S. GDP Revised Down to 2.2%

CFO Magazine·30 May 2018
The U.S. economy grew at 2.2% in the first quarter of 2018, according to the latest figures from the Commerce Department, which revised down a previous estimate of 2.3% growth.
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Salesforce Beats Earnings Estimates

CFO Magazine·30 May 2018
Customer-relationship management software maker Salesforce reported revenue of $3.01 billion for the first quarter, beating analyst expectations.
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Index Funds Exert Growing Power over Companies

CFO Magazine·29 May 2018
Global assets flowing out of “actively managed” investments and into index funds have totaled more than $1 trillion over the past three years, according to Morningstar.
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KKR to Buy BMC Software

CFO Magazine·29 May 2018
Private equity firm KKR announced it has agreed to buy BMC Software from a group of investors that includes Bain Capital, Golden Gate Capital, GIC Pte Ltd, Insight Venture Partners, and Elliott Management.
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Pret A Manger Sold to German Investment Fund

CFO Magazine·29 May 2018
The United Kingdom-based sandwich shop Pret A Manger has been bought for $2 billion from investors led by the private equity firm Bridgepoint.
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Not Your Father's Tax Department Anymore

CFO Magazine·25 May 2018
Tax reform may have brought simplification to some aspects of the U.S. tax code, but it certainly didn’t simplify matters for corporate tax departments. At least not for the near term.
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GDPR: We're Just Getting Started

CFO Magazine·24 May 2018
The official deadline for General Data Protection Regulation (GDPR) preparations falls on the Memorial Day holiday weekend in the United States. As you’ve discovered if you’ve been wading through GDPR preparations for the past year or so, this is not a set-it-and-forget-it regulation.
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How to Overcome Obstacles to Strategy Execution

CFO Magazine·23 May 2018
Some companies tap the finance department mostly for raising capital, closing books, and implementing controls. And it’s true, of course, that a key function of finance is ensuring accurate reporting and preservation of capital and assets.
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It's Time to Review the Advertising Budget

CFO Magazine·22 May 2018
Why is money being spent? What's the ROI? Leverage data and analytics to take a deeper look at campaign results and to align priorities.
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United Airlines CFO Quits After 2 Years on Job

CFO Magazine·18 May 2018
United Airlines CFO Andrew Levy has resigned after less than two years on the job, catching Wall Street by surprise...
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Data Is a 'Tangible' Asset

CFO Magazine·16 May 2018
There are compelling reasons to start thinking deeply about how to value a company’s data assets for accounting purposes.
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U.S. Retail Sales Increase 0.3% in April

CFO Magazine·16 May 2018
U.S. retail sales increased for a second straight month in April, indicating consumer spending is accelerating after a sluggish first quarter. The Commerce Department reported Tuesday that retail sales climbed 0.3% last month following an upwardly revised 0.8% surge in March. The April gain matched economists’ forecasts.
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Researchers Find 'eFail' Threat to Email Privacy

CFO Magazine·15 May 2018
Cybersecurity experts in Europe have identified flaws in the popular PGP and S/MIME email encryption standards that could expose plaintext versions of encrypted messages to hackers.
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The Delicate Dance: Improving the CEO-CFO Relationship

CFO Magazine· 4 May 2018
Instead of engaging in only the passive role of reporting, chief financial officers are expected to do a lot more: provide data and analysis to the board; help to structure the strategy of the company; and drive financial performance through improved information and decision-making. But to be successful, the CFO has to function well alongside the CEO. The pairing doesn’t always work, but when it does it can be a force multiplier for an organization. What makes for an effective CFO-CEO relationship?

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