Technology
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Inside T. Rowe Price’s AI-driven spend transformation
Steps to overhaul the company’s spending approach have resulted in cost savings of more than $40 million, according to procurement chief Harold Wu.
By Alexei Alexis • Dec. 3, 2024 -
Opinion
AI is becoming part of the CFO’s toolkit — like it or not
The question for CFOs isn’t whether they need AI, but how long they can survive without it, says Runway CEO Siqi Chen.
By Siqi Chen • Dec. 3, 2024 -
Trendline
Spend management innovation yields equity value
Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value.
By CFO Dive staff -
Shifting data from liability to asset: Bloomfire CEO
In the AI era, CFOs need to ensure they’re focused on specific challenges when it comes to their data management strategies to get the most out of unstructured data, Bloomfire CEO Ben Little says.
By Grace Noto • Dec. 2, 2024 -
Samsung CFO takes on new role in management shake-up
The shift comes on the heels of profit struggles at Samsung and the company’s public apology to investors.
By Alexei Alexis • Nov. 27, 2024 -
PE pressure could spur more tech M&A
The tech sector has a rising hunger for M&A deals that is expected to persist into 2025, but the U.S. election introduces new uncertainties, KPMG deal experts said.
By Chris Gaetano • Nov. 27, 2024 -
Zoom rebrands, aims to be known as ‘AI-first’ company
“Zoom is now about so much more than video meetings,” CEO Eric Yuan said.
By Alexei Alexis • Nov. 26, 2024 -
AI rush is fueling tech debt ‘tsunami’: Forrester
The research highlights the growing challenges faced by businesses as they scramble to adopt AI and avoid falling behind competitors.
By Alexei Alexis • Nov. 26, 2024 -
Intuit rolls out AI QuickBooks enhancements as CEO eyes AI agents
The upgrades to QuickBooks come as the firm targets AI agents that could potentially replace CFOs and other executives in the C-suite, the CEO said.
By Suman Bhattacharyya • Nov. 25, 2024 -
Rise in US health benefit costs to accelerate to 10.2% next year: WTW
More than half of employers plan to trim health care costs by implementing strategies such as pharmacy benefit management, WTW said.
By Jim Tyson • Nov. 22, 2024 -
CFOs zero in on AI ‘auditability’ for 2025: Visual Lease
CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.
By Grace Noto • Nov. 21, 2024 -
KPMG to invest $100M in Google Cloud effort
The move expands an existing alliance as KPMG looks to bolster its consulting services, including by developing advanced generative AI agents.
By Alexei Alexis • Nov. 21, 2024 -
Trump win, interest rate cuts could spur M&A spike next year: EY
Dealmakers are “energized” by the prospect of less regulation in the coming Trump administration as well as continued interest rate cuts, said EY’s Mitch Berlin.
By Alexei Alexis • Nov. 20, 2024 -
Walmart CFO keeps eye on prices, tariffs
Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.
By Grace Noto • Nov. 20, 2024 -
Opinion
Why AI alone won’t solve biased underwriting
Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is the winning strategy for fairer underwriting, Jin Han writes.
By Jin Han • Nov. 20, 2024 -
Trump’s DOJ pick has backed tough antitrust actions against big tech
Even if the controversial nominee is confirmed, it’s not yet clear if his “surprising” antitrust positions will be adopted in the Trump administration, analysts said.
By Alexei Alexis • Nov. 19, 2024 -
AI’s coming for finance jobs, CFOs expect: Datarails
Finance chiefs expect AI to shrink the number of roles in the finance function by 2026, Datarails found in a survey.
By Chris Gaetano • Nov. 19, 2024 -
Spirit CFO says post-pandemic airline sector is ‘unrecognizable’
Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.
By Maura Webber Sadovi • Nov. 18, 2024 -
Sponsored by Protiviti
CFOs are leading the expansion of FP&A throughout the enterprise
CFOs drive FP&A expansion with AI and data integration.
Nov. 18, 2024 -
Federal watchdog flags restrictive licensing practices in cloud
The U.S. Government Accountability Office uncovered vendor management processes across several federal agencies that led to cost overruns.
By Matt Ashare • Nov. 14, 2024 -
4 tech issues to watch in Trump’s second term
AI, cloud and cybersecurity policies are in the spotlight ahead of the forthcoming Trump administration.
By Roberto Torres • Nov. 12, 2024 -
Earned wage access: A CFO primer
The service, which lets users draw an advance on a portion of their pay before payday, raises some thorny issues for employers and their finance teams.
By Suman Bhattacharyya • Nov. 12, 2024 -
Opinion
Bolstering your cyber defenses in the age of AI
Generative AI’s ability to create persuasive deepfakes is just one example of the risks it poses when in the hands of fraudsters, writes Deloitte’s Ryan Hittner.
By Ryan Hittner • Nov. 12, 2024 -
Sponsored by Payrix from Worldpay
Vertical software platforms are closing the financing gap for SMBs
Discover how vertical software platforms are stepping in to fulfill the financing needs of SMBs.
Nov. 11, 2024 -
Ditching Dr. No: Tips for CFOs navigating AI, tech’s promises, pitfalls
Once relegated to number crunching, modern CFOs typically work with chief information officers to help finance and keep score on tech projects.
By Maura Webber Sadovi • Nov. 7, 2024 -
CFOs look to curb burnout in face of economic strain: Yooz
Automation can help stressed CFOs curb employee burnout and improve efficiency, but they need to approach its implementation strategically, Yooz CFO John Gronen said.
By Grace Noto • Nov. 6, 2024