Technology
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CFO tech spend rebounds, hits 2-year high of 3.8% QoQ increase in 2nd quarter: report
A recent PwC survey of hundreds of executives also found 58% of the CFOs they talked to are spending more time on technology investment and implementation compared to a year ago.
By Adam Zaki • June 12, 2024 -
PwC partners with OpenAI, rolls out ChatGPT Enterprise
The Big Four audit and advisory firm places its bets on employee implementation and reselling of the technology, but questions remain as to finance teams’ willingness to adopt the emerging technology.
By Andy Burt • May 30, 2024 -
Trendline
The CFO Strategy for Artificial Intelligence
Artificial intelligence’s impact on the office of the CFO continues to evolve, and finance chiefs must be aware of the opportunities it will create for growth.
By CFO staff -
40% of executives say AI not ready to achieve accurate outcomes: report
Only 12% of responding executives said they have deployed AI company-wide.
By David McCann • May 29, 2024 -
Sponsored by Vena
There’s hope for getting rid of the biggest sources of wasted time in finance
FP&A teams spend so long gathering data that they hardly have time to analyze it. Learn how generative AI can help release this major productivity blocker.
May 28, 2024 -
75% of employees use AI at work: report
Only 41% of business leaders said they plan to redesign business processes “from the ground up” with AI.
By Adam Zaki • May 15, 2024 -
82% of SMB leaders increased cybersecurity budgets YoY: report
Business leaders are becoming more proactive on cybersecurity by building awareness of and investment in security measures.
By David McCann • May 13, 2024 -
Sponsored by Spendflo
The top 4 SaaS procurement challenges CFOs face today
Software-as-a-service (SaaS) has become the bedrock of technological advancement and operational efficiency.
April 29, 2024 -
26% of finance leaders expect a dramatic drop in GenAI hype: Poll
Finance leadership’s excitement around AI and its associated automation tools may be dwindling, data from The Daily Balance suggests.
By Adam Zaki • April 24, 2024 -
Sponsored by Motive
Embedded fleet spend management - a new era of profitability
Siloed management systems foster inefficiency and profit loss. Embedded finance offers an integrated solution, paving the way for enhanced profitability.
April 22, 2024 -
73% of accounting firms not using AI: Report
Despite its trendiness, 35% of accountants said their organizations are not using AI and have no plans to do so.
By Adam Zaki • April 17, 2024 -
98% of Large Tech Execs Have Paused Internal GenAI Initiatives: Report
Many of the U.S.’ largest companies are pausing their efforts to implement GenAI products and tools, according to new data.
By Adam Zaki • April 3, 2024 -
Q&A
How AI Will Make CFOs’ Lives Easier: Tipalti CFO Sarah Spoja
“Massive technology changes are at the heart of AI. But how will people respond to those technology changes?” asks Spoja.
By Vincent Ryan • March 21, 2024 -
Former Intel CFO Stacy Smith Returns as Board Member
“Stacy’s expertise in finance and leading capital allocation strategies in the capital-intensive semiconductor industry will be additive to Intel’s board,” said Intel Chair Frank Yeary.
By Vincent Ryan • March 15, 2024 -
Companies Shine Spotlight on AI Ethics
Establishing clear guidelines is the most effective way to communicate with employees about AI ethics.
By David McCann • March 13, 2024 -
Sponsored by GoCardless
Why are we so afraid of payment innovation in America?
Across America today, CFOs are missing out on the opportunity to bring about a simple but effective payments revolution within their organizations.
By Lewis Turek, General Manager, North America, GoCardless • March 11, 2024 -
Q&A
May Mobility CFO: Leveraging Capital-Efficient Tech Development
“Companies in this space are losing billions of dollars per year trying to win this market,” said Brunelle. “We have a much smaller footprint.”
By Vincent Ryan • Feb. 20, 2024 -
67% of Companies Continue to Adopt AI Slowly: Report
AI’s best uses are still largely outside finance, with writing tasks and scheduling most frequently mentioned. However, automated data entry may be facilitating finance and accounting teams.
By Adam Zaki • Feb. 14, 2024 -
Finance Employee Defrauded for $25M by Deepfake CFO
The technology was used both to manipulate people's faces as well as voices, according to the Cyber Security and Technology and Crime Bureau in Hong Kong.
By Andy Burt • Feb. 5, 2024 -
42% of Mid-Market CFOs Expect Workloads to Increase in 2024
“They don't have the capability simply to address issues by adding another body to the mix. And their tech stacks are not optimal,” said Nick Araco Jr., CEO of The CFO Alliance.
By Vincent Ryan • Jan. 31, 2024 -
GenAI Use Largely Governed By the C-Suite
The biggest problem with GenAI right now is understanding “the art of the possible,” said David Wagner, director of research at Avasant.
By Vincent Ryan • Jan. 16, 2024 -
10 CFO Tech Stories to Save In Your Note-taking App
Artificial intelligence, automation, cybersecurity, data reliability, compliance — 2023 provided challenges aplenty for CFOs.
By Vincent Ryan • Dec. 26, 2023 -
Opinion
Want to Leverage the Power of AI? It Starts With a Solid Data Foundation
Harnessing the power of AI is reliant upon quality data at the ready.
By Katie Rooney • Dec. 19, 2023 -
Kroger, Marriott CFOs Deal with Digital Transformations
Digitally savvy competitors from the outside and pandemic disruption forced the companies to rethink and transform customer relationships.
By Vincent Ryan • Dec. 7, 2023 -
Most Finance Teams Still Don’t Use AI
CFOs have a key role to play in instilling a culture that accepts and takes advantage of AI capabilities.
By David McCann • Dec. 6, 2023 -
20% of Global CFOs Say Their Organizations Are Data-Driven
“Digitalization is stagnating in finance as a whole,” said Horváth’s Achim Wenning.
By Vincent Ryan • Nov. 29, 2023