Walmart automates to combat inflation, CFO says

The retailer is upping its investments in automation as it looks to manage costs and pricing during an inflationary environment.

By Grace Noto • April 7, 2023

UberEats loses global CFO to tech startup Remote

Michiel Boere has left Uber to become the first finance chief of Remote, a tech startup that provides tools and services for managing dispersed workforces.

By Alexei Alexis • April 6, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

FASB chooses single software accounting model

The new project marks the first time in decades that the U.S. accounting standard setter is revisiting accounting for software costs.  

By Maura Webber Sadovi • April 5, 2023

Automation can curb finance burnout

Finance leaders are looking closer at automation as a talent retention tool as employees eye new opportunities.

By Grace Noto • April 4, 2023

Cyberattacks hit almost all companies last year, Sophos says

A constant barrage of malicious activity has organizations reeling, negatively impacting their ability to accomplish IT projects or dedicate time to strategic issues.

By Matt Kapko • April 4, 2023

Esker, HighRadius top C2C software rankings

Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.

By Alexei Alexis • April 4, 2023

No, AI isn’t coming for your CFO seat

CFOs are likely here to stay for the foreseeable future, despite predictions that automation will transform corporate finance functions, experts say.

By Alexei Alexis • April 3, 2023

Rolls-Royce taps first woman CFO in leadership shakeup

The leadership change follows the installment of Tufan Erginbilgic as the company’s new CEO in January.

By Alexei Alexis • March 31, 2023

Finance staff digital skills outstrip leadership: study

As AI and automation continue to advance, the digital skills of finance staffs are outstripping those of senior executives — leading to challenges managing and engaging skilled talent.

By Grace Noto • March 30, 2023

GPT-4 draws more heat as AI advocates file FTC complaint against OpenAI

An AI advocacy group’s complaint arrived the same week FTC Chair Lina Khan said AI was top of mind for the agency while speaking at an antitrust summit.

By Lindsey Wilkinson • March 30, 2023

Alibaba to split into six groups, chases IPOs

The Chinese e-commerce giant will split into six separate groups in a move that follows declining tech valuations and a regulatory crackdown on the country’s tech sector.

By Grace Noto • March 29, 2023

Experts warn against ransomware complacency

Despite reports of fewer ransomware-related cyber insurance claims and decelerating premiums in 2022, experts say the threat is still serious and evolving.

By Alexei Alexis • March 28, 2023

Finance leaders tap tech for efficiency boost: study

Automating routine finance processes can help CFOs add more efficiency while freeing up focus for new projects.

By Grace Noto • March 28, 2023

FTC opens inquiry into cloud market competition, security

As consolidation among so-called hyperscalers such as AWS, Google Cloud and Microsoft Azure grows, federal authorities are raising concerns over cloud dependence in critical sectors.

By Matt Ashare • March 28, 2023

CIOs grapple with the fallout from rush to cloud: uncontrolled costs

Executives are coming to grips with the result of decentralized decisions, and leaning on FinOps to curb usage and spend, according to KPMG’s Will DeMille.

By Matt Ashare • March 28, 2023

Datarails aims for ‘grounded’ ChatGPT-like FP&A tool

The tech company’s goal is to provide CFOs with a tool in the style of the popular ChatGPT service, but without some of the same accuracy and data privacy challenges.

By Alexei Alexis • March 28, 2023

Talent shortage frustrates internal auditors

As AI swiftly extends the finance function’s potential for efficiency, audit leaders are concerned about the lack of skilled workers to support new advancements.

By Elizabeth Flood • March 27, 2023

Ally Financial taps Goldman vet for CFO seat

Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.

By Alexei Alexis • March 24, 2023

CFOs key to shaping digitization efforts: study

With technology teams overloaded, the discerning CFO’s hand is crucial to shaping company digitization efforts.

By Grace Noto • March 24, 2023

LastPass snatches finance chief with SaaS chops

The password management company’s new CFO brings more than two decades of experience in financial leadership roles at both public and private companies, including software-as-a-service organizations, LastPass said.

By Alexei Alexis • March 21, 2023

Lessons from SEC’s $3M Blackbaud cyber penalty

The Charleston, South Carolina-based software provider’s recent data breach settlement with the SEC serves as a cautionary tale for C-suite leaders.

By Alexei Alexis • March 21, 2023

Software vendors race to bet on ChatGPT craze

Finance-focused Klarity Intelligence is among software vendors moving quickly to adopt the technology behind ChatGPT while also working through data security issues.

By Alexei Alexis • March 20, 2023

With tech’s favorite banks in turmoil, some are choosing loyalty

After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

By Gabrielle Saulsbery • March 20, 2023

Understanding AI’s customer service opportunities

AI can help CFOs enhance customer service and other key business elements, but CFOs need to understand not only what the technology can do, but what it wasn’t made to do.

By Grace Noto • March 17, 2023

How ERP modernizations fare amid cost cutting

Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.

By Jen A. Miller • March 17, 2023