CFOs worry over rising operations cost: Grant Thornton

Finance chiefs are banking on GenAI to offset cost pressures in the face of persistent inflation, with 71% of CFOs still expecting a jump in net profit.

By Grace Noto • April 17, 2024

Microsoft raises business application suite prices as Copilot permeates Dynamics 365

The tech giant updated terms on its CRM and ERP solutions for the first time in more than five years.

By Matt Ashare • April 16, 2024

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

70% of CEOs feel ready to deliver on responsible GenAI

The intense focus on safe and ethical GenAI use comes as the technology’s rapid rise is prompting scrutiny from governments around the world.

By Alexei Alexis • April 16, 2024

ChatGPT grabs the shadow IT crown: report

Generative AI tools emerged as the latest villain in the enterprise battle to curb SaaS bloat and rationalize software portfolios, Productiv analysis found.

By Matt Ashare • April 16, 2024

The CFO’s role in curbing third-party cybersecurity risk

With vendor-related cyber risks spiking rapidly, the stakes are too high for CFOs to treat the issue as merely an IT concern, writes cybersecurity consultant AJ Yawn. 

By AJ Yawn • April 16, 2024

How AI speeds ‘hugely time-consuming’ pricing, quote tasks

Artificial intelligence could cut anywhere from 30% to 70% of the time businesses spend on the quote process, according to Lydia DiLiello, CEO of Capital Pricing Consultants.

By Maura Webber Sadovi • April 15, 2024

Cyberattacks pose biggest business threat, small companies say

Small businesses in professional services are more concerned about cyber risk than those in manufacturing or other services, the U.S. Chamber of Commerce said.

By Jim Tyson • April 12, 2024

Tech vendor Docyt adds voice feature to AI-driven accounting tool

Docyt is among the software vendors racing to capitalize on recent advancements in AI. Many of them are zeroing in on the corporate finance market.

By Alexei Alexis • April 11, 2024

CFOs mull future benefits for AI in tax: insightsoftware

When it comes to bringing AI into tax, it remains a bit of a “wait and see” for finance chiefs, said insightsoftware’s Josh Schauer.

By Grace Noto • April 11, 2024

Nation-state actors drive up cyberthreats

Microsoft and Hewlett Packard Enterprise are among companies that have recently reported high-profile cyber intrusions attributed to nation-state actors.

By Alexei Alexis • April 9, 2024

Capital One’s Discover bid tops biggest Q1 tech-related deals

The proposed Capital One-Discover merger made the list because of fintech issues that are at stake in the $35.3 billion deal.

By Alexei Alexis • April 9, 2024

Companies fall short on curbing cybersecurity risks from vendors: Moody’s

Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.

By Jim Tyson • April 8, 2024

As Zillow alum takes the financial helm, Varo Bank sets sights on profitability

Varo’s Allen Parker is focused on “ensuring finance can play a role in how we prioritize our investments” which will be critical to achieving profitability, he said.

By Grace Noto • April 8, 2024

Spotify names new CFO amid profitability push

The move follows efforts by the music streaming giant to turn the page on a history of financial struggles, including by raising prices and cutting staff.

By Alexei Alexis • April 4, 2024

Intel appoints new CFO to troubled chipmaking unit

The appointment follows a $7 billion operating loss for Intel’s foundry unit as AI’s potential pushes up both interest and pricing in the semiconductor space.

By Grace Noto • April 3, 2024

AT&T hit with proposed class action suit over massive data breach

The breach was a “direct result” of AT&T’s failure to implement adequate cybersecurity procedures, the suit alleges.

By Alexei Alexis • April 2, 2024

Fixing the broken state of SaaS purchasing

A “growth-at-all-costs” mentality has led some SaaS companies to overpromise results and obscure pricing details, writes Olive Technologies CEO Chris Heard.

By Chris Heard • April 2, 2024

Microsoft decouples Teams from 365 globally

The move comes eight months after the software giant unbundled the two solutions in the European Economic Area and Switzerland to quell regulatory concerns.

By Matt Ashare • April 1, 2024

3 ways tech-enabled staffing solutions help businesses scale

Using a tech-enabled solution can help you scale your team, your revenue and your resources — better than traditional solutions.

April 1, 2024

CFOs trim hiring while adopting automation: Fed survey

The rising use of robots, artificial intelligence and other automation aligns with signs in recent months that the labor market is cooling.

By Jim Tyson • March 28, 2024

Startup looking to disrupt ERP market with AI raises $9.2M

New York-based Nominal said its funding round included participation from executives at Salesforce, ServiceNow and Intel.

By Alexei Alexis • March 28, 2024

Chip costs weigh on AI ROI

AI-driven efficiency gains will likely propel ongoing investments. The cost implications for CFOs are just coming to light.

By Suman Bhattacharyya • March 28, 2024

FTX founder Sam Bankman-Fried gets 25 years in prison

The sentence was handed down Thursday, nearly five months after crypto’s former golden boy was found guilty on seven counts of fraud and conspiracy.

By Gabrielle Saulsbery • March 28, 2024

GameStop’s interim CFO gets permanent seat

The appointment comes after significant churn in the position and as the company looks to turn around slumping sales.

By Alexei Alexis • March 27, 2024

SEC fines Arista Networks founder Bechtolsheim $1M for insider trading

Andreas “Andy” Bechtolsheim, who resigned as Arista chairman in December, allegedly arranged put options contracts for a relative based on non-public information about an imminent deal.

By Jim Tyson • March 26, 2024