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

CFOs Must Boost Their Cybersecurity Savvy, Former FBI Agent Says

CFOs must be able to ask probing questions of their chief information security officers and external cybersecurity professionals, says former FBI agent Pete Cordero.

By Vincent Ryan • Nov. 21, 2023

Demand for GenAI Skills Explodes in 2023

Job postings seeking skills in generative AI skyrocketed by 1,848% this year.

By David McCann • Nov. 20, 2023

Finance May Go Slower On Generative AI Adoption

Executives from PayPal and KPMG discuss why finance should be cautious when adopting generative AI tools.

By Vincent Ryan • Nov. 17, 2023

6 Strategies for CFOs to Reduce Software Spend

CFOs must proactively identify and optimize SaaS overspending areas.  

By Nidhi Jain • Nov. 14, 2023

61% of Finance Execs Not Using AI Yet: Weekly Stat

“Despite AI’s potential, most finance functions’ AI implementations have remained limited,” Gartner’s Marco Steecker said.

By Adam Zaki • Nov. 8, 2023

78% of C-Suite Says Their Organization Uses AI Today: Weekly Stat

Three out of 4 employees would be more accepting of or excited about AI if their company were more transparent about its plans to use the technology.

By Adam Zaki • Oct. 25, 2023

M&A Pros to Governments: Regulate AI

“AI is already reshaping various phases of the deal-making process.”

By David McCann • Oct. 23, 2023

5 CFO Takeaways From NetSuite’s SuiteWorld 2023

The Las Vegas annual conference demonstrated how the technology world is approaching business and cultural challenges. 

By Adam Zaki • Oct. 20, 2023

70% of Companies Use AI, Other Tech to Optimize Business Travel: Weekly Stat

AI might help simplify the expense reporting process, according to a new survey. 

By Adam Zaki • Oct. 18, 2023

5 Reasons CFOs Should Adopt Real-Time Payments

Why add another payment rail to the already numerous ways accounts payable and treasury can send money?

By Vincent Ryan • Oct. 13, 2023

Cybersecurity Budget Increases Fall to 6% in Current Cycle: Weekly Stat

The good news for CISOs battling growing system intrusion attempts is the average cybersecurity budget as a share of total IT budget rose to more than 11%.

By Vincent Ryan • Sept. 27, 2023

Payments Automation is Saving Finance Teams 500 Hours Per Year

New data from American Express shows the investments businesses are making in payments, purchase orders, and invoices. 

By Adam Zaki • Sept. 25, 2023

49% of Top Execs Say AI Could Take Their Jobs: Weekly Stat

C-suite leaders are concerned that if they don’t improve their AI skills, they will be unprepared for the future of work.

By Adam Zaki • Sept. 20, 2023

5 Takeaways for CFOs From FinovateFall 2023

Cybersecurity, AI, customer experience, and the future of labor were all topics of conversation during this year’s big fall fintech event in NYC.

By Adam Zaki • Sept. 15, 2023

Only 15% of Organizations Actively Incorporate Generative AI: Weekly Stat

While GenAI incorporation into strategy is low, the interest from finance chiefs is still apparent with 42% saying they are experimenting with the technology. 

By Adam Zaki • Sept. 13, 2023

7 Questions for FinovateFall 2023 Conference

As fintech leaders arrive in New York this coming week, here is what we at CFO are looking forward to the most at FinovateFall 2023.

By Adam Zaki • Sept. 8, 2023

Arm’s Expected $4.7B IPO Could Clear Market Gridlock

“Arm’s offering will be an important test of market sentiment, especially for the big tech names that were sidelined by last year’s sell-off,” said Renaissance Capital's Bill Smith. 

By Vincent Ryan • Sept. 5, 2023

Don’t Rush Ethics in Generative AI Adoption Plans

Even when leaders feel the pressure to adopt generative AI quickly, ethical frameworks and use case policies should guide their plans.

By Lindsey Wilkinson • Sept. 5, 2023

68% of Accounting Leaders Lack Efficient Technology for Rising Business Demands

Revenue accounting teams feel the technology tools they have are insufficient to support new, complex go-to-market models, according to research from Zuora.

By Adam Zaki • Aug. 28, 2023

59% of Executives Intend to Invest in Tech in Next 12-18 Months

Finding value from new technology investments, such as generative AI, represents a top challenge for most executives, PwC found.

By Roberto Torres • Aug. 22, 2023

4 Ways Finance Leaders Can Leverage ChatGPT

When used responsibly, finance leaders can utilize the AI chatbot to enhance decision-making, improve operational efficiencies, and drive business growth.

By Ori Pearl • Aug. 22, 2023

ChatGPT Finds Capex Plans in Earnings Calls

New research found the AI-powered language model could help predict a company's investment plans when prompted to analyze call transcripts.

By Vincent Ryan • Aug. 11, 2023

Could the Bitcoin ETF Push Trigger a Blockchain Bounce Back?

“My view is that artificial intelligence and distributed ledger technologies (DLT) are two sides of the same coin,” said Christos Makridis, professor in the economics of blockchain and AI at the University of Nicosia in Cyprus.

By Adam Zaki • July 24, 2023