Technology

FASB homes in on cryptocurrency

FASB has generally been cautious about moving to standardize accounting for bitcoin and other digital asset investments but its stance appears to be shifting. 

By Maura Webber Sadovi • May 6, 2022

Grayscale CFO's crypto guidance wishlist includes FASB stopgap

The recently intensifying focus of regulators on cryptocurrencies comes amid dramatic growth in markets for digital assets.

By Maura Webber Sadovi • May 4, 2022

Explore the Trendline➔

Finance automation and value creation: A new nexus

Process efficiency is just the beginning of what CFOs are realizing finance automation can bring to their organization. 

By CFO Dive staff

SEC to nearly double crypto enforcement unit

The agency is adding 20 supervisors, investigative staff attorneys, trial counsels and fraud analysts to the team that currently has 30 dedicated positions. 

By Robin Bradley • May 3, 2022

CFOs seek insights, efficiency boost from process mining

CFOs during the pandemic have sped up digital transformation. Today they are especially focused on robotic process automation and complementary tools such as process mining, Gartner said.

By Jim Tyson • April 29, 2022

Architecting the future of finance for CFOs

Connecting finance with other siloed business functions with the help of technology can significantly improve an organization's agility quotient in decision making, launching of new products and services, or in proactive action in case of a crisis.

By Vinay Gopal Rao, VP and Strategic Business Practice Head - Finance and Accounting, Infosys BPM • April 28, 2022

Hiring, strategizing compete for CFO time: survey

Eighty-eight percent of CFOs at private-equity backed companies surveyed said they underestimated the time it would take to migrate financial and accounting processes to a state-of-the-art enterprise resource planning system (ERP) and software stack.

By Maura Webber Sadovi • April 28, 2022

How treasurers can wade into data lakes

Treasurers can use data lakes to centralize information, increase liquidity and reduce fraud, but finding the resources to set them up may be a challenge.   

By Maura Webber Sadovi • April 25, 2022

Tech skills compete with finance savvy in what leadership wants in CFOs

Digital skills are seen as the building blocks that a successful CFO needs to drive profitable growth today, research shows.

By Ted Knutson • April 20, 2022

CFO clout rising amid pandemic, other challenges: McKinsey

The influence of CFOs is growing across a range of decision making, including M&A, investor relations and digital transformation.

By Jim Tyson • April 18, 2022

Accounts payable: Why CFOs should pay attention

Over one-third of your invoices have errors, and costs to process these may be up to ten times greater than a "clean" invoice.

April 18, 2022

CFOs cling to spreadsheets despite their limits as FP&A tool

Manual processes take a lot of time but finance leaders feel they’ve invested too much in their processes to abandon Excel altogether, a survey finds.

By Robert Freedman • April 14, 2022

Why real-time cost anomaly detection for your cloud is non-negotiable

Misconfigurations can spin up the wrong number of services in an organization's cloud use, causing cost anomalies. If this spending appears small, it may go unnoticed, but the costs add up. 

By Asim Razzaq • April 8, 2022

Why your maintenance capex needs more attention

An agile approach to capex budgeting can help generate substantial return by de-risking operations. 

By Andrew Blumenstock, Managing Director, Strategy and Transactions, Ernst & Young LLP and Loren Garruto, EY Global Corporate Finance Leader • April 4, 2022

Live enterprise – influencing a finance organization's evolving needs

The promise and peril of a digital future, e.g., the dot.com boom and bust, emergence of social media and new technologies such as AI/ML, Cloud, Blockchain and IOT, have all converged.

By Vinay Gopal Rao & Vinutha Rajendren • April 4, 2022

Cyber extortion surges 78% on spread of 'ransomware-as-a-service'

Ransomware attacks are becoming more sophisticated and, at most companies, require a recovery period of more than a month, according to Palo Alto Networks.

By Jim Tyson • March 28, 2022

CFOs call continuous planning key as Ukraine, inflation stir volatility

Finance leaders that managed through the pandemic without cloud-based planning tools are prepared to remedy that as they eye new uncertainties, according to a survey.

By Robert Freedman • March 28, 2022

Crypto firm Abra's new CFO digs into war for talent

Justin McMahan joins a growing number of executives leaving more mainstream finance companies to helm the finances at crypto-focused firms.   

By Maura Webber Sadovi • March 28, 2022

Minority of CFOs see metaverse transforming their companies

While many financial executives have made big investments in cloud computing to support remote work in the pandemic, a growing number of large companies are now signaling their interest in the metaverse by filing related trademark applications.

By Maura Webber Sadovi • March 25, 2022

Internet of Things forces rethink of KPIs: McKinsey

The Internet of Things may unlock as much as $12.6 trillion in value by 2030 if companies weave the technology into their operations, McKinsey said.

By Jim Tyson • March 22, 2022

Hardening cloud against 'bad actors' eclipses budget concerns: BDO

Over the past two years of hybrid work, multiple external devices accessing company networks and the shift away from the "castle-and-moat" structure has turned the cybersecurity landscape upside down, BDO's Steve Combs said.

By Maura Webber Sadovi • March 22, 2022

Green Bay Packers tapped Shopify-like online store for $65M capital raise

The football team attracted 200,000 retail investors from all 50 states and U.S. territories and Canada to upgrade its stadium and buy a new scoreboard.

By Robert Freedman • March 7, 2022

Workflow integration gives virtual cards new life

The digital version of corporate cards is a major innovation for business but you can multiply the cards' utility by making them part of your spend management platform.

By Thejo Kote • March 2, 2022

Uptick in treasurers mulling bank APIs in wake of Ukraine conflict: FinLync

Companies are "really trying to minimize the funds they have at risk,” said Mitchell Thomas of FinLync.

By Maura Webber Sadovi • Feb. 28, 2022

Frictionless accounts payable – happy customer, happy employee

Keeping your customers and the employees that serve them happy is key for any organization.

By Mahalakshmi Ramakrishnan, Purchase-to-Pay Global Process Owner, Capgemini's Business Services • Feb. 28, 2022

3 tactics to solve sales compensation concerns and improve retention

With resignations rising among sales teams, the onus falls on finance to ensure pay structures work to entice reps to stay.  

Feb. 28, 2022