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

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

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

SVB CFO may be swept up in stock dumping scrutiny

Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

By Alexei Alexis • March 16, 2023

Cybersecurity market confronts potential consequences of banking crisis

Bank seizures impose new challenges on vendors in every segment and may spur consolidation.

By Matt Kapko • March 16, 2023

Silicon Valley Bank investors sue collapsed firm’s CEO, CFO

The proposed class action alleges the failed bank, CEO Greg Becker and CFO Daniel Beck concealed from investors the impact that high interest rates would have on the tech-focused firm’s business. 

By Anna Hrushka • March 14, 2023

Bank failure panic fuels moment of opportunity for threat actors

As regulators step in to operate Silicon Valley Bank, threat hunters and security executives warned organizations to look out for malicious activity, highlighting finance employees as especially vulnerable.

By Matt Kapko • March 14, 2023

Finance tech guru dishes on ChatGPT

While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

By Alexei Alexis • March 13, 2023

4 keys to automation roadmapping

Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

By Alexei Alexis • March 13, 2023

Your company is changing software providers. Now, you just have to break it to staff.

It’s on technology leaders to reduce friction and frustration, engage stakeholders and foster communication to ensure a migration goes smoothly.

By Lindsey Wilkinson • March 13, 2023

Data fabric means big business value for CFOs

From increasing flexibility and performance to reducing the cost of finance, this is an important strategic technology that will unlock business value.

By Jordan Burke, Finance Digitalization Product Manager, Aptitude Software • March 13, 2023

Meta to slim teams, lean on AI in year of efficiency, CFO says

Meta will be reevaluating its teams and projects, while also aiming to invest in key areas like AI and automation to drive its year of efficiency, CFO Susan Li said.

By Grace Noto • March 10, 2023

Regulators take over Silicon Valley Bank

The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

By Anna Hrushka • March 10, 2023

CrowdStrike revenue soars amid high cyber demand

The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

By Alexei Alexis • March 8, 2023