Half of digital transformation investments fail: KPMG

Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.

By Alexei Alexis • Sept. 26, 2023

Runaway cloud spending frustrates finance execs: Vertice

Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.

By Alexei Alexis • Sept. 26, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

By taking an incremental approach, CFOs can move their finance and accounting operations onto an automated, intelligent platform without letting disruption distract from their efforts to scale.

By CFO Dive staff

Lessons on the importance of process from athletes

Every process transformation is different, the diligence and dedication will have to be repeated meticulously.

By Hari Ram, Senior Practice Engagement Manager, Infosys BPM • Sept. 25, 2023

Navigating the NetSuite ecosystem? A knowledgeable talent specialist is key

Netsuite is not plug-and-play. It’s a gateway to an evolving ecosystem that requires sustained investment in talent.

Sept. 25, 2023

Average insider cyberthreat cost spikes 40% in 4 years

The outsmarting of insiders is a “go-to tactic” for many cyberattackers looking to steal credentials and gain access to critical data, according to research from the Ponemon Institute.

By Alexei Alexis • Sept. 21, 2023

Disney Entertainment CFO heads to Warner Music

Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.

By Alexei Alexis • Sept. 20, 2023

FASB weighs software capitalization threshold

For the first time in nearly 40 years the Financial Accounting Standards Board is working to update its guidance on software costs.

By Maura Webber Sadovi • Sept. 20, 2023

Forget FOBO: use AI or lose your FP&A job

Financial, planning and analytics professionals need to adapt to AI — or risk being replaced by someone else who does embrace it, FP&Hey Co-founder Drew Murphy writes. 

By Drew Murphy • Sept. 19, 2023

Flawed data ranked as top AI risk: Workday

While AI error risks can be reduced, many firms are unprepared as they “wrangle huge volumes of information across patchwork systems, static spreadsheets, and fragmented processes,” Workday says.

By Alexei Alexis • Sept. 19, 2023

Brex adds more AI to CFOs’ expense management arsenal

Brex is one of many software vendors that are racing to bet on AI following the swift rise of ChatGPT, created by Microsoft-backed OpenAI.

By Alexei Alexis • Sept. 19, 2023

Clorox warns of product shortages a month after disclosing cyberattack

The household product maker said the incident damaged IT systems and will have a material effect on its fiscal Q1 performance.

By David Jones • Sept. 18, 2023

Lockheed Martin CFO details persistent inflation

The North Bethesda, Maryland-based aerospace company’s finance chief expects to see inflationary impacts persist through next year.

By Chris Gaetano • Sept. 18, 2023

Most workers use AI, usually without company safeguards

Workers are quickly adopting generative AI, and most of them believe the powerful tools do not threaten their jobs, the Conference Board said.

By Jim Tyson • Sept. 15, 2023

Cloud strategy misalignment leads some workloads back on-prem

As migrations progress, organizations are still struggling to bring IT investments in line with business goals.

By Matt Ashare • Sept. 14, 2023

EY launches $1.4B AI-focused platform

The Big Four firm’s dedicated AI group comes as accounting and financial firms continue to write large checks aimed at cashing in on the technology’s potential.  

By Grace Noto • Sept. 14, 2023

Brookings’ Klein calls for regulators to speed up ‘tepid’ FedNow adoption

It’s risky to rely entirely on market forces to drive the use of the Fed’s new instant payments service, says Brookings Senior Fellow Aaron Klein.

By Suman Bhattacharyya • Sept. 13, 2023

PwC curbs US offerings, pushes auditor independence

The Big Four firm is curbing its U.S. consulting offerings as concerns over auditor independence continue to swirl.  

By Grace Noto • Sept. 12, 2023

Citi, Cisco venture arms join cyber startup’s $19M funding round

The investment boosts the startup's effort to roll out a tool to help businesses swiftly respond to cyberattacks, which are causing million-dollar losses.

By Alexei Alexis • Sept. 12, 2023

Why AP automation is a smart investment for CFOs

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

By Branden Jenkins • Sept. 12, 2023

Payments automation: How AP managers can navigate trends, challenges and opportunities

The convergence of rising payment fraud, an increasing prevalence of remote work, and a need for streamlined processes drive the demand for AP department automation.

Sept. 11, 2023

Overcoming the challenges of backend payment processing

PayPal takes care of a whole stack of back-end payment processing to deliver for its customers. Let’s take a look under the hood.

Sept. 11, 2023

New KPMG task force to zero in on ‘responsible AI’

The group’s creation comes as concerns surrounding the ethical use of generative AI tools continue to grow.

By Grace Noto • Sept. 8, 2023

Shutterfly CFO steps down, ex-Philips exec to take over

Jan Paul Teuwen will take the finance reins at the San Jose, California-based digital imaging company, with a focus on driving “lasting growth.”

By Alexei Alexis • Sept. 7, 2023

SaaS moves to usage-based pricing as enterprises optimize tech spend

Software providers shift to pay-as-you-go billing to bolster revenue growth and give customers more flexibility. 

By Matt Ashare • Sept. 6, 2023

CFOs are ‘squarely’ in ERP decision process, Deloitte’s Farhat says

Transformation is a key way for CFOs to cut costs and boost profit, but finance chiefs need to keep compliance front and center, Deloitte’s Isa Farhat advises.

By Grace Noto • Sept. 6, 2023