Payments processor Tipalti investigating ransomware attack

The Alphv ransomware group claimed responsibility for the attack on Saturday and threatened to extort Tipalti customers with allegedly stolen data.

By Matt Kapko • Dec. 4, 2023

Health care benefit costs surge 9.8%: WTW

High inflation and strains from COVID-19 prolonged a trend of rising medical care costs.

By Jim Tyson • Nov. 29, 2023

Explore the 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

For GenAI-backed accounting, CFOs can’t ‘learn as you go’

CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.   

By Grace Noto • Nov. 29, 2023

Driving the GenAI journey: Teradata CFO

CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.  

By Grace Noto • Nov. 28, 2023

Employers willing to pay ‘premium’ for AI-skilled workers: AWS study

Nearly three out of four employers (75%) who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.

By Alexei Alexis • Nov. 28, 2023

4 CFO tips for spurring growth through innovation: McKinsey

More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

By Jim Tyson • Nov. 27, 2023

AI developers, led by OpenAI, raise over $50B

ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

By Alexei Alexis • Nov. 27, 2023

‘Rough ride’: 5 CFO tips for cutting insurance costs amid climate change

CFOs facing more destructive weather and soaring insurance costs can take five steps to hold down premiums.

By Jim Tyson • Nov. 26, 2023

OpenAI chaos shows need for multiple-vendor approach: Zoom CFO

Zoom is one of many companies betting heavily on the future of artificial intelligence following the rapid rise OpenAI’s ChatGPT service.

By Alexei Alexis • Nov. 22, 2023

Cover Genius looks to deepen FP&A team

A robust FP&A team is critical for businesses to be able to properly plan for the future, Cover Genius CFO David Rudow said.  

By Grace Noto • Nov. 22, 2023

Coupa names new CFO in C-suite shakeup

The appointment is the latest in a series of leadership changes at the company following its acquisition by private equity firm Thoma Bravo.

By Alexei Alexis • Nov. 21, 2023

Intuit’s QuickBooks angles to grow up — with its customers

With advanced access controls, workflow and reporting tools, QuickBooks is increasingly positioning itself to serve larger firms.

By Suman Bhattacharyya • Nov. 21, 2023

Chaos at OpenAI raises questions about enterprise reliance on ChatGPT

With OpenAI's leaders ousted and staff in revolt, the volatility could cause enterprises to shift where they procure generative AI. 

By Lindsey Wilkinson • Nov. 20, 2023

Testing AI in the finance function: McKinsey

In coming years, generative AI will be “table stakes” for all forward-looking finance teams, according to a McKinsey AI guide for CFOs.

By Alexei Alexis • Nov. 20, 2023

Leveraging AI to step up your CFO game in 2024

While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.

By Anand Desai • Nov. 20, 2023

Palo Alto revenue surges amid ‘unprecedented’ cyberthreats

Escalating cyberthreats and related regulatory pressures are keeping customer demand high, the company’s CEO said.

By Alexei Alexis • Nov. 16, 2023

Next-gen CFOs: Forging a new path

The finance chief has long been more than a routine number-cruncher. For Gen Z, the route to the CFO chair will likely better reflect the role’s complexity.

By Grace Noto • Nov. 16, 2023

Finance teams lag behind HR, legal in AI adoption: Gartner

“CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.

By Alexei Alexis • Nov. 14, 2023

Escalating SaaS prices outpace CPI inflation

Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice. 

By Alexei Alexis • Nov. 14, 2023

How CFOs help reduce cyber risk

As a CFO, it is essential to wear several hats, including that of managing risk effectively.

Nov. 13, 2023

AppLovin’s FP&A leader to replace CFO

The current finance chief is stepping down to explore new career opportunities while remaining on the company’s board.

By Alexei Alexis • Nov. 9, 2023

MGM Resorts anticipates no further disruptions from September cyberattack

The company expects insurance to cover more than $100 million in losses stemming from lost bookings and disruptions at its Las Vegas properties.

By David Jones • Nov. 9, 2023

Nextdoor plans 25% staff reduction, as CFO resigns

The disclosures came as the social networking app provider reported a third quarter net loss of $38 million, compared with $35 million in the year-ago period.

By Alexei Alexis • Nov. 8, 2023

Half of cloud transformations are ‘abject failures’

As the technology matures, CFOs are asking CIOs to justify the business value of existing migrations, HFS CEO and Chief Analyst Phil Fersht said.

By Matt Ashare • Nov. 8, 2023

Microsoft-backed study shows AI investments producing returns

For every $1 companies invest in AI, they are realizing an average of $3.50 in return, the report says.

By Alexei Alexis • Nov. 7, 2023