Technology: Page 2
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Cornerstone saw ARRs double after pivoting from services to products
After making its name as one of the original SaaS companies, Cornerstone faced a decision: stick with services as the space became crowded or move into products.
By Robert Freedman • Oct. 06, 2019 -
RPA can save finance teams 25K working hours, study claims
Avoidable rework can take up to 30% of a full-time employee's time, according to a Gartner study released this week.
By Jane Thier • Oct. 03, 2019 -
Automating accounts receivable could maximize efficiency, CEO says
Jared King, CEO of automated accounts receivable platform Invoiced, tells CFO Dive how automating parts of the finance function can double output.
By Jane Thier • Oct. 01, 2019 -
CFO or CIO can lead digital transformation, but cooperation is key
Company leadership must buy in before expecting staff to get on board. That requires the two executives to identify the technology and the value it will bring.
By Robert Freedman • Sept. 30, 2019 -
Manual AP systems cost companies up to $20 per invoice to process
Automation can help reduce processing costs to $5 per invoice by improving cash flow, reducing late payments, generating early-payment discounts, better using staff time and curtailing fraud and errors.
By Robert Freedman • Sept. 26, 2019 -
CFO helps chart strategy for moving supply-chain tech from government to business
Savi Technology is leveraging its IoT technology in the commercial sector after making its name in federal RFID defense contracting.
By Robert Freedman • Sept. 26, 2019 -
BlackBerry CFO to become chief revenue officer
The technology company believes Steven Capelli's move to the new position will spur renewed growth and longevity.
By Jane Thier • Sept. 26, 2019 -
CFO to share CEO duties at WeWork with co-chair
WeWork CFO Artie Minson was a chief backer of the idea the fast-growing company would reach an IPO valuation of $50B.
By Robert Freedman • Sept. 26, 2019 -
After decades of promise, finance automation coming into its own
Cloud-based SaaS applications are seen as game changers.
By Robert Freedman • Sept. 24, 2019 -
CFO sees his role as chief storyteller while biotech firm relies on capital raises
Even if market conditions are favorable, capital raises need CFO to assemble team that can excite investors about company's promise.
By Robert Freedman • Sept. 23, 2019 -
Automation can turn AP into profit center, attract millennials
Finance chiefs are saving accounts payable costs by earning early-payment discounts, issuing fewer paper checks, catching fraud and reducing duplicate payments and other mistakes.
By Robert Freedman • Sept. 20, 2019 -
Sikich seeks to deliver RPA to mid-market finance teams
"CFOs need to be very involved in the technology and operations sides of their business," CFO Ryan Spohn said.
By Jane Thier • Sept. 18, 2019 -
Nearly 75% of finance execs predict greater involvement in tech, ops and talent
CFOs should view data as the foundation upon which everything else gets built, according to Gina Gutzeit of FTI Consulting.
By Jane Thier • Sept. 17, 2019 -
86% of finance execs expect digital transformation to have high impact
RPA and other technological advancements will reshape how finance does its work within two to three years, a Hackett Group survey shows.
By Jane Thier • Sept. 16, 2019 -
Payments tech company Square challenges tax liability
The company alleges it was overtaxed because San Francisco classified it as a financial services company rather than an information business.
By Dan Ennis • Sept. 13, 2019 -
Auditors' ears are always listening, consultant says
Risk management encompasses all aspects of an operation, from the tone coming out of the C-suite to what finance staff say to auditors at dinner.
By Robert Freedman • Sept. 11, 2019 -
Capital One 'all in' on cloud despite breach, CFO says
Vulnerability exposed by the breach would have been a risk even if the customer data was held at data centers, CFO Scott Blackley says.
By Dan Ennis • Sept. 11, 2019 -
CFOs too busy to take on more despite expectations, survey finds
To ensure cybersecurity and other digital priorities are met, CFOs are relying on third-party vendors until they're ready to tackle them in-house.
By Robert Freedman • Sept. 10, 2019 -
CFO says 'flying taxi' company raised $55M in funding for more R&D
The funding and new valuation suggests the growing likelihood of flying cars in the near future.
By Jane Thier • Sept. 09, 2019 -
OpinionNearly half of finance staff still receive invoices by fax
Nearly 45% of payments take more than a week to process, in part because they remain overwhelmingly paper-based.
By Matt Clark • Sept. 08, 2019 -
Arrow CFO credits new ERP system for $130M in cost cuts
The company integrated three enterprise resource planning systems into one and used it to guide back-office reductions, softening the blow of a sales downturn.
By Jane Thier • Sept. 08, 2019 -
Executives pursue digital transformation projects despite 80% failure rate, survey finds
IT tends to take the lead on digitization projects, but CFOs can bring a broader perspective to the tasks at hand.
By Robert Freedman • Sept. 03, 2019 -
Driver-based planning helps CFOs put their focus forward
Tracking real-time business drivers instead of backward-looking KPIs helps companies trade hindsight for insight.
By Robert Freedman • Aug. 30, 2019 -
Middleware lets CFOs lower costs, reduce errors with robotic payments, Troovo CEO says
By taking people out of the payments process entirely, CFOs can reduce the chance for fraud and generate rich data for analysis.
By Robert Freedman • Aug. 27, 2019 -
Could federal oversight impact the cloud platform you're using?
Some federal lawmakers think the big cloud platforms should be treated as systemically important banks, given their role in hosting big bank operations. Could that eventually lead to broader scrutiny of cloud hosting?
By Dan Ennis • Aug. 26, 2019
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