CFOs struggle to move past ‘transactional’ responsibilities

CFOs are ready to drive innovation at their organizations, but it may be hard for them to shake off the role of the nay-saying finance leader, according to a recent study.

By Grace Noto • March 2, 2023

Unlocking the ‘right’ combination to digital transformation

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

By Elizabeth Flood • March 2, 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

The true cost of transformation: CFO automation/AI Close-up

Before their companies get caught up in the AI and automation hype, CFOs need to help direct how, where, why and even if their firms should invest in these tools.

By Grace Noto • March 1, 2023

Crypto firm Algorand appoints first CFO

The new CFO said one of his first priorities will be to help identify strategic growth areas with the leadership team.

By Alexei Alexis • March 1, 2023

Accounting talent crunch persists

As accountants and CPAs increasingly battle with burnout, the pool of talent for the industry is getting smaller.

By Elizabeth Flood • March 1, 2023

Zoom predicts growth while watching macro headwinds

Economic uncertainty remains a risk for the company “at least through the rest of this year,” its CFO said.

By Alexei Alexis • Feb. 28, 2023

CFOs scramble to keep pace with finance tech frenzy

Artificial intelligence, machine learning, and language processing are among cutting-edge technologies that could transform the corporate finance world in the near future.

By Alexei Alexis • Feb. 27, 2023

Financial services’ AI appetite grows, study says

Top uses for AI in the financial services sector include ‘next-best action’ systems; portfolio optimization; and fraud detection.   

By Suman Bhattacharyya • Feb. 26, 2023

CFOs to get some cyber insurance relief: Fitch’s Glombicki

While premiums are still rising, the pace has slowed compared to previous years when ransomware attacks were at their peak.

By Alexei Alexis • Feb. 24, 2023

Trust, transparency key to crypto’s next phase: Circle CFO

USDC issuer Circle is moving to position itself as a player in crypto’s coming “utility phase,” and continuing its efforts to become a public company, its CFO said, even as regulatory attention on the space sharpens.

By Grace Noto • Feb. 24, 2023

Without governance, more software spending can create more problems

Understanding how vendors update their products can help CIOs keep track of capability gaps and avoid overlaps.

By Lindsey Wilkinson • Feb. 24, 2023

Mix of tech, vigilance helps thwart financial crimes

Financial crime spans corporate across the board, and it is sound business practice to have something in place that says, ‘do we really know how money flows in and out,’ says Leslie Bailey.

By Elizabeth Flood • Feb. 23, 2023

For dream CFO, data, people skills are a must, CEO says

Old school and new generation CFOs have different ways of achieving efficiency—but as a CEO, Yantra’s Vikram Bhandari is looking for the best of both worlds.

By Grace Noto • Feb. 22, 2023

Threat actors can use ChatGPT, too. Here’s what businesses should watch

While IT departments seek enterprise applications, cyber teams must be on the lookout for attacks using the generative AI technology.

By Lindsey Wilkinson • Feb. 21, 2023

CFO, CIO relationship key to optimize tech spend

Nearly half of execs expect cyber attacks on financial data to increase in 2023, but the majority of finance leaders don't have consistent communication with their CIO to mitigate this risk.

By Elizabeth Flood • Feb. 21, 2023

Accounting firms zero in on efficiences

The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms. 

By Elizabeth Flood • Feb. 17, 2023

A one-way ticket to ServiceNow’s CFO seat

From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.

By Elizabeth Flood • Feb. 16, 2023

Inflation tops concerns weighing on CFOs

Amid economic uncertainty, financial forecast accuracy, liquidity, cash flow, and capital structure will be among top priorities for CFOs this year, according to a study.

By Alexei Alexis • Feb. 15, 2023

Strategizing tech investments key for ROI: Coupa CFO

As AI evolutions make their way into the finance function, Tony Tiscornia shares why CFOs should focus on the quickest ‘bang for your buck’.

By Elizabeth Flood • Feb. 15, 2023

Automation to reshape finance job descriptions

With a continued focus on automation in the job function, CFOs need to be prepared for job creation outside of traditional accounting.

By Elizabeth Flood • Feb. 14, 2023

CFOs need to take risks with AI: Anaconda

CFOs need to be mindful when it comes to investing in or experimenting with AI, but the nascent nature of the technology means finance chiefs need to be comfortable with some level of risk.  

By Grace Noto • Feb. 14, 2023

PwC doubles down on tech M&A

The Big Four firm is still on the hunt for companies that will enhance its position as a ‘digital business partner’ to its clients.

By Suman Bhattacharyya • Feb. 13, 2023

IRS relies on 64-year-old software, jeopardizing security: GAO

The IRS is set to receive $80 billion during the next decade under legislation passed last year, with a portion earmarked for upgrading technology.

By Jim Tyson • Feb. 10, 2023

Middle market CFOs face revenue, spending dichotomy: study

Although a majority of middle market CFOs expect increased revenue in 2023, only 18% plan to increase spending to support that growth, according to a recent study.

By Elizabeth Flood • Feb. 10, 2023

Most accounting professionals want more mental health help: study

“Attracting the next generation of talent to the accountancy profession is vital to healthy economies,” said Jillian Couse, head of ACCA North America. 

By Elizabeth Flood • Feb. 8, 2023