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

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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.com staff

How CFOs and Controllers Can Partner on Finance Automation

The rising interest in finance automation presents a compelling growth opportunity for controllers to establish themselves as de facto finance chief information officers.  

By Bryce Armbruster • July 18, 2023

Finance Operations Costs Up 7.5% for Global Companies

The cost of finance operations rose for the first time in decades this year, but companies with technology-intensive operating models bucked the trend.

By Vincent Ryan • July 13, 2023

Why CFOs Should Have AI On Their Minds

AI is a powerful tool for finance teams and CFOs play a crucial role in ensuring its successful integration.  

By David Roberson • July 6, 2023

56% of Business Leaders Are Incorporating AI Into Cybersecurity: Weekly Stat

AI’s use in cybersecurity efforts is already taking place to protect areas of businesses that are now data-reliant.

By Adam Zaki • July 5, 2023

39% of Execs Say AI Will Have Negative Social Impact on Workforce

Artificial intelligence, and all of the tools that come with it, is corporate finance’s hottest talking point as of late. While the constantly changing technological landscape can make quantifying the value of human work difficult, those who are embracing AI without considering the impact on thei...

By Adam Zaki • June 14, 2023

3 Ways to Control Uncollectible Balances: Metric of the Month

Challenging and chaotic business environments teach us important lessons — if we are willing to learn them. For example, in 2020 the COVID-19 pandemic taught us that humans crave social interaction, parents generally don’t make very good math teachers, and your household should always have an amp...

By Perry D. Wiggins • June 7, 2023

Leadership on LinkedIn: Pathways and Pratfalls

LinkedIn is the de facto way in which social business communication is done. The platform's ability to create a seamless transition from understanding a user's work ambition and history to connecting with them makes for a unique experience with no true rivals. The platform is fundamental to netwo...

By Adam Zaki • June 2, 2023

72% of Business Leaders Want AI Adoption Within 3 Years: Weekly Stat

Hype around ChatGPT, and the technology that powers it, has generated serious attention and reflection by finance leaders. The arrival of AI-generative technology has brought into question the value of human workers, and while its limitations are evident in industries like accounting and finance,...

By Adam Zaki • May 31, 2023

Blockchain’s Potential: Finance Visibility, Cost Cutting, and ESG

Cryptocurrency, NFTs, and blockchain technology — these terms arrived with predictions to uproot the financial system and its operations. The technology drew large crowds at events with the biggest names, while also creating interest within the finance and banking community. Web3 had its fair sha...

By Adam Zaki • May 25, 2023

74% of Financial Institutions Lost Productivity Due to Scams

Fraudsters know that most work is communicated via phone or email, and they can impersonate family, friends, coworkers, and even executive leadership to get their hands on whatever an unaware employee is willing to give up. According to the Global Scams Report from cybersecurity company Callsign,...

By Adam Zaki • May 24, 2023

6 Takeaways From Fintech Nexus: Networking, ChatGPT, Cybersecurity, and More

Fintech, a blanket term used more to increase valuations than to actually describe a company’s products or services, has become a significant industry surrounding corporate finance. Companies that offer technology solutions — for things like accounting, payments processing, and lending verificati...

By Adam Zaki • May 15, 2023

6 CFO Skills Still Needed Amid Generative AI, ChatGPT

Finance chiefs in 2023 have no shortage of resources at their disposal to help lead their organizations. Consultants, technology companies, other executives (and sources such as CFO), all jockey for a place at the table. And with AI-generative technology now dog-piling onto the long list, the eme...

By Adam Zaki • May 1, 2023

65% of Execs Say Generative AI Will Have High Impact in 3-5 Years: Weekly Stat

Generative AI has become the proverbial monkey wrench in the technology plans for executives who look to keep their organizations on the cutting edge. With tech companies offering full automation of various accounting processes, banking as a service (BaaS) to vendors and their customers, and even...

By Adam Zaki • April 26, 2023

58% of Employees Are Open to Abandoning Passwords

Largely due to the expense and exposure of data that security breaches cause, cybersecurity has become a pressing issue among leaders embracing new kinds of technology into their workflows. Stemming from efforts to reduce redundancy, increase productivity, and retain employees, organizational str...

By Adam Zaki • April 19, 2023

Is Tax Day ‘Pay Day’ For Cyber Hackers? What CFOs Need to Know

As the tax deadline for many corporations and small businesses approaches next week, hackers are on alert. These bad actors know many finance teams are scrambling to meet deadlines, ensuring everyone has the data they need to properly and efficiently complete compliance-related tasks.With this in...

By Adam Zaki • April 13, 2023

4 Ways CFOs Can Reduce Cybersecurity Financial Burdens

As the principal corporate officers responsible for their companies’ financial operations and conditions, CFOs are, of course, acutely aware of the direct costs of cybersecurity breaches. According to the EisnerAmper Cybersecurity Survey, which focused mainly on businesses with revenues of $50 mi...

By Rahul Mahna • April 4, 2023

5 Ways ChatGPT Will Impact Corporate Finance

AI-powered chatbots are the trendiest thing in technology now. With these tools getting people out of parking tickets, writing essays for students, and even eerily hiring human beings to bypass captcha tests, this technology is unprecedented and disruptive.Industry leaders requested formal bans o...

By Adam Zaki • April 3, 2023

Why CFOs Need to Evaluate and Prioritize Cybersecurity Initiatives

Concerns around data, particularly as companies transfer massive amounts to the cloud, are prevalent among executives, regardless of the size of the company or industry they are in. As leadership’s view of cybersecurity transfers from "insurance-like" to a proactive initiative best paired with br...

By Adam Zaki • March 20, 2023

3 Critical Components to Building a Data-Driven Finance Organization

Finance leaders know that to navigate through an uncertain and constantly changing environment, access to real-time and reliable data is no longer a luxury, but a requirement. When asked about their near-term priorities in a recent survey, 49% of CFOs pointed to data management and analysis, putt...

By Joseph James • March 14, 2023

65% of Finance Execs Target End of 2023 to Adapt Automation: Weekly Stat

Finance leaders, regardless of industry, have lots of ideas about technology's potential impact. Whether it is freeing up more time for the CFO to be an active member of the C-suite, accountants using technology to improve their morale at work, or revamping and modernizing areas of businesses sta...

By Adam Zaki • March 8, 2023

CFO Cybersecurity Strategies: How to Protect Against the Rising Storm

Business leaders are coming up against the precipice of what might be the most significant challenge they face in 2023 and beyond: increasingly frequent and sophisticated cyberattacks devastating to business.  During the World Economic Forum’s 2023 annual meeting, experts warned tha...

By Joe Oleksak • March 7, 2023

ChatGPT’s Impact on CFOs: What is AI’s Limit in Replacing Humans?

As industries and executives explore how to use AI-powered chatbots like ChatGPT best, the value of human intuition in the workplace has come into question. If technology can communicate at a conversational level with insight based on billions, if not trillions, of data points, how can humans com...

By Adam Zaki • March 6, 2023

Why Fintech Should Keep Its Faith in Blockchain

Many crypto unicorns have faltered. NFTs, cryptocurrencies, crypto exchanges — these once-heralded technologies now appear on the verge of collapse. And with suspicions rising around crypto, unfortunately, that means blockchain’s reputation is tarnished. However, beyond its usage in crypto, block...

By Amrit Jassal • Feb. 28, 2023