Program Description:

Inflation is high (but falling?), job markets are tight (but loosening?), and supply chain challenges are easing (are they?). CFOs cannot easily budget for the timing of "volatility flare ups" in their cost and product/talent procurement centers, leaving budgeted margins open to downside. So how can finance leaders get out in front of challenges and help their organizations respond faster? Join your peers to share war stories and best practices on ways you can better manage margins as the winds change.

Learning Objectives:

• Pricing Responsiveness - Partnering with sales and customer success to proactively get out in front of pass-through price increases
• Hard Input Costs - Partnering with procurement on vendor strategies to minimize fluctuations in raw material and other non-labor input costs
• Labor Costs - Partnering with HR and business units in response to labor shortages and wage inflation

Program Deliverables:

1. Process examples to speed cross-functional communication through finance
2. Tactics and off-the-fairway strategies in managing customer and vendor pricing
3. Risk management and stakeholder communication to C-suite/BoD/investors

Prerequisites:

• None

Member Spotlight:

In a fire-side chat format, we will hear from a CFO Alliance Member who has successfully managed through margin volatility throughout the P&L and how the finance function's position within the enterprise was strengthened as a result.

Roundtable Exercise:

In a closed-door, confidential setting, during the Roundtable discussion you will have the opportunity to discuss and share with your peers insights and best practices regarding your financial operations.

The CFO Alliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org