Technology


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    Congress pushes for US payments system expansion; could benefit companies’ working capital

    A bipartisan group is nudging the Federal Reserve to explain why it can’t speed up a plan to extend the operational availability of the U.S. payments system.

    By Lynne Marek • Updated July 12, 2024
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    Opinion

    AI benefits may take time; CFOs should still push for investment

    Like any other business investment, AI needs time and support to pay off fully.   

    By Jim Caci • June 21, 2024
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    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
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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 June 12, 2024
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    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 May 30, 2024
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    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 May 29, 2024
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    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
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    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 May 15, 2024
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    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 May 13, 2024
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    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
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    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 April 24, 2024
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    Vitpho/iStockPhoto.com

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    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
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    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 April 17, 2024
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    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 April 3, 2024
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    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 March 21, 2024
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    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 March 15, 2024
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    Companies Shine Spotlight on AI Ethics

    Establishing clear guidelines is the most effective way to communicate with employees about AI ethics.

    By March 13, 2024
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    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
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    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 Feb. 20, 2024
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    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 Feb. 14, 2024
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    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 Feb. 5, 2024
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    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 Jan. 31, 2024
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    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 Jan. 16, 2024
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    Created using MonkeyLearn’s WordCloud Generator

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    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 Dec. 26, 2023
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    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
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    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 Dec. 7, 2023