Flywire acquires Invoiced for $55M

By way of the latest deal, the software company seeks to further expand its international payments services for its business-to-business clientele.

By Tatiana Walk-Morris • Aug. 9, 2024

CFOs must act as data, decision-making center: Pigment

CFOs need access to a wide range of data to ensure they can react speedily to market challenges, Pigment CEO Eleonore Crespo says.

By Grace Noto • Aug. 8, 2024

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

AI prep is top challenge for companies drowning in ‘unstructured data’

The AI boom is forcing companies to consider data management upgrades, as some face budget constraints.

By Alexei Alexis • Aug. 7, 2024

CFO, CIO partnership key to bridge tech, talent gap: Workday

By taking point on technology initiatives, CFOs can shape the future of how their company leverages new solutions, Workday’s Terrance Wampler said.

By Grace Noto • Aug. 7, 2024

Warehouse robot momentum faces cost, ROI challenges

Companies that invest in the pricey technology may need to wait two to three years on average to see a return on investment, market analyst Ash Sharma said.

By Alexei Alexis • Aug. 6, 2024

KPMG aims to bolster tech consulting position in Rhino.AI deal

The combination will help companies modernize their legacy IT systems with “faster time to value” and lower costs, according to Rhino.AI.

By Alexei Alexis • Aug. 6, 2024

Insured loss impact could reach $1B following CrowdStrike outage

Guy Carpenter said it could be worse: Had the incident involved a ransomware attack, losses could have reached $2 billion.

By David Jones • Aug. 5, 2024

Big tech banks on AI boom as infrastructure spending heads for trillion-dollar mark

“While we're investing a significant amount in the AI space and in infrastructure, we would like to have more capacity than we already have today,” Amazon CEO Andy Jassy said.

By Matt Ashare • Aug. 5, 2024

Microsoft, Alphabet disappoint investors in latest earnings season

Wall Street is closely watching big tech companies to see if their heavy investments in artificial intelligence are paying off.

By Alexei Alexis • July 31, 2024

Startup focused on easing digital B2B payment pain points raises $9M

The move comes as digital payments among businesses are expected to surge in coming years, creating a complex new world with potential challenges for vendors.

By Alexei Alexis • July 30, 2024

How the GenAI boom is impacting M&A deals

About eight in 10 dealmakers responding to a KPMG poll said that GenAI has had some effect on their M&A strategy.

By Alexei Alexis • July 30, 2024

7 CFO tips for yielding high ROI during the rush into generative AI

Financial executives willing to chance big spending on generative AI can take steps to reduce risk and seize the payoffs.

By Jim Tyson • July 26, 2024

3 risky ‘surveillance pricing’ practices to avoid

CFOs should be ready for potentially tougher enforcement actions connected to pricing practices in the future, says Michael Keeley, an attorney with law firm Axinn, Veltrop & Harkrider.

By Suman Bhattacharyya • July 25, 2024

Alphabet investors get mixed news from departing CFO Ruth Porat

The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.

By Alexei Alexis • July 24, 2024

Spotify profit jumps amid ‘early days’ of price increases

Interim CFO Ben Kung said the music streamer is “encouraged” by the initial consumer reaction to the company's recent price hikes.

By Maura Webber Sadovi • July 23, 2024

CFOs face ‘threefold challenge’ with GenAI spending, Pairsoft CEO says

As finance chiefs look to upgrade legacy finance functions, GenAI is emerging as a promising technology — but first, CFOs need to identify a clear use case.

By Grace Noto • July 23, 2024

Judge deals major blow to SEC’s cybersecurity enforcement stance

“The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.

By Alexei Alexis • July 23, 2024

Many CFOs still in early phase of digital transformation: McKinsey

Finance teams are grappling with roadblocks such as already-demanding workloads, a lack of relevant capabilities and insufficient resources.

By Alexei Alexis • July 23, 2024

Visa, Mastercard say CrowdStrike didn’t impact networks

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

By Lynne Marek • July 22, 2024

‘Surge Moment’: Generative AI upends time-tested measurements of ROI

CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.

By Jim Tyson • July 19, 2024

Legacy tech upgrades cost the average business nearly $3M last year

Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.

By Lindsey Wilkinson • July 19, 2024

CrowdStrike software update at the root of a massive global IT outage

A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.

By David Jones • July 19, 2024

CFPB to apply lending laws to EWA

The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

By Lynne Marek • July 18, 2024

AI budgets poised to surge in 2025

While AI investments are expanding, many companies are failing to invest in infrastructure necessary to optimize the technology, EY found.

By Alexei Alexis • July 16, 2024

Latest AT&T data breach risks customer defections: Moody’s

The incident comes as AT&T is already facing a number of class action suits stemming from a separate breach that was disclosed in March.

By Alexei Alexis • July 16, 2024