Companies shifting from 'save-to-grow' to 'save-to-transform' mindset

To meet growing technological advances, business across the globe are focusing to cut costs before expanding, according to a new Deloitte study. 

By Jane Thier • Oct. 8, 2019

How to use RPA to increase back-office efficiency

CFOs have been interested in RPA as it applies to automating aspects of the accounting function but the technology can be applied throughout the enterprise for potential operational efficiencies. 

By Jen A. Miller • Oct. 8, 2019

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

Fintech streamlines business payments across credit card, ACH and wire services

Brex, a unicorn startup, endeavors to equip businesses to pay invoices and bill customers in one system while earning rewards points redeemable for cash back, travel and air miles.

By Jane Thier • Oct. 6, 2019

Cornerstone saw ARRs double after pivoting from services to products

After making its name as one of the original SaaS companies, Cornerstone faced a decision: stick with services as the space became crowded or move into products.

By Robert Freedman • Oct. 6, 2019

RPA can save finance teams 25K working hours, study claims

Avoidable rework can take up to 30% of a full-time employee's time, according to a Gartner study released this week.

By Jane Thier • Oct. 3, 2019

Automating accounts receivable could maximize efficiency, CEO says

Jared King, CEO of automated accounts receivable platform Invoiced, tells CFO Dive how automating parts of the finance function can double output.

By Jane Thier • Oct. 1, 2019

CFO or CIO can lead digital transformation, but cooperation is key

Company leadership must buy in before expecting staff to get on board. That requires the two executives to identify the technology and the value it will bring.

By Robert Freedman • Sept. 30, 2019

Manual AP systems cost companies up to $20 per invoice to process

Automation can help reduce processing costs to $5 per invoice by improving cash flow, reducing late payments, generating early-payment discounts, better using staff time and curtailing fraud and errors. 

By Robert Freedman • Sept. 26, 2019

CFO helps chart strategy for moving supply-chain tech from government to business

Savi Technology is leveraging its IoT technology in the commercial sector after making its name in federal RFID defense contracting.

By Robert Freedman • Sept. 26, 2019

BlackBerry CFO to become chief revenue officer

The technology company believes Steven Capelli's move to the new position will spur renewed growth and longevity. 

By Jane Thier • Sept. 26, 2019

CFO to share CEO duties at WeWork with co-chair

WeWork CFO Artie Minson was a chief backer of the idea the fast-growing company would reach an IPO valuation of $50B.

By Robert Freedman • Sept. 26, 2019

After decades of promise, finance automation coming into its own

Cloud-based SaaS applications are seen as game changers.

By Robert Freedman • Sept. 24, 2019

CFO sees his role as chief storyteller while biotech firm relies on capital raises

Even if market conditions are favorable, capital raises need CFO to assemble team that can excite investors about company's promise. 

By Robert Freedman • Sept. 23, 2019

Automation can turn AP into profit center, attract millennials

Finance chiefs are saving accounts payable costs by earning early-payment discounts, issuing fewer paper checks, catching fraud and reducing duplicate payments and other mistakes.   

By Robert Freedman • Sept. 20, 2019

Sikich seeks to deliver RPA to mid-market finance teams

"CFOs need to be very involved in the technology and operations sides of their business," CFO Ryan Spohn said.

By Jane Thier • Sept. 18, 2019

Nearly 75% of finance execs predict greater involvement in tech, ops and talent

CFOs should view data as the foundation upon which everything else gets built, according to Gina Gutzeit of FTI Consulting.

By Jane Thier • Sept. 17, 2019

86% of finance execs expect digital transformation to have high impact

RPA and other technological advancements will reshape how finance does its work within two to three years, a Hackett Group survey shows.

By Jane Thier • Sept. 16, 2019

Payments tech company Square challenges tax liability

The company alleges it was overtaxed because San Francisco classified it as a financial services company rather than an information business.

By Dan Ennis • Sept. 13, 2019

Auditors' ears are always listening, consultant says

Risk management encompasses all aspects of an operation, from the tone coming out of the C-suite to what finance staff say to auditors at dinner.

By Robert Freedman • Sept. 11, 2019

Capital One 'all in' on cloud despite breach, CFO says

Vulnerability exposed by the breach would have been a risk even if the customer data was held at data centers, CFO Scott Blackley says. 

By Dan Ennis • Sept. 11, 2019

CFOs too busy to take on more despite expectations, survey finds

To ensure cybersecurity and other digital priorities are met, CFOs are relying on third-party vendors until they're ready to tackle them in-house.

By Robert Freedman • Sept. 10, 2019

CFO says 'flying taxi' company raised $55M in funding for more R&D

The funding and new valuation suggests the growing likelihood of flying cars in the near future. 

By Jane Thier • Sept. 9, 2019

Nearly half of finance staff still receive invoices by fax

Nearly 45% of payments take more than a week to process, in part because they remain overwhelmingly paper-based.

By Matt Clark • Sept. 8, 2019

Arrow CFO credits new ERP system for $130M in cost cuts

The company integrated three enterprise resource planning systems into one and used it to guide back-office reductions, softening the blow of a sales downturn.  

By Jane Thier • Sept. 8, 2019

Executives pursue digital transformation projects despite 80% failure rate, survey finds

IT tends to take the lead on digitization projects, but CFOs can bring a broader perspective to the tasks at hand.

By Robert Freedman • Sept. 3, 2019