CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.

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News

CFO Dive
cfodive.com > news > finance-teams-still-wary-giving-ai-control-pex > 830091

Finance teams still wary of giving AI control: PEX

2+ day, 14+ hour ago   (601+ words) Only 28% of finance teams said they were comfortable having AI decide routine finance decisions, PEX found in a survey. Finance teams might be interested in the possible benefits artificial intelligence could bring to their day to day workflows, but most…...

CFO Dive
cfodive.com > news > cfo-alliance-partner-sees-workload-risks-ai-prompted-questions-casey-janick > 829960

CFO Alliance partner sees workload risks in AI-prompted questions

3+ day, 14+ hour ago   (603+ words) Casey Janick is concerned investors and boards are using AI rather than their own curiosity to develop questions about financial data. Casey Janick is by no means a Luddite. The founder of the CFO advisory practice CEL Capital and an…...

CFO Dive
cfodive.com > news > inflation-weaker-sales-erode-small-business-optimism-nfib-survey-jobs-employment-fed > 829833

Inflation, weaker sales erode small business optimism: NFIB survey

4+ day, 14+ hour ago   (449+ words) The U.S.-Iran war “has escalated the cost of energy, which raises the price of almost everything,” the National Federation of Independent Business said. Job market health is also a top concern among U.S. consumers, the Federal Reserve Bank of…...

CFO Dive
cfodive.com > news > cfos-budgeting-ai-old-saas-playbook-mistake > 826206

CFOs are budgeting for AI with an old SaaS playbook. That’s a mistake.

4+ day, 20+ hour ago   (606+ words) Finance has long budgeted software around headcount, but AI demands a shift, writes Turnstile CEO Jordan Zamir. Jordan Zamir is the CEO of Turnstile, a San Francisco–based software company focused on sales-led business-to-business startups. Views are the author’s own....

CFO Dive
cfodive.com > news > how-ai-has-entered-one-cfo-budget-season-besmartee > 829360

How AI has entered one CFO’s budget season

1+ week, 4+ day ago   (569+ words) BeSmartee CFO Mina Samaan said AI is at once complicating and speeding up different parts of the lendtech startup’s budgeting process. AI is reshaping Mina Samaan’s budget season in a number of ways this year, including one that runs counter…...

CFO Dive
cfodive.com > news > new-cambium-cfo-looks-automation-build-strong-finance-framework > 829348

New Cambium CFO aims to strengthen finance operations with AI, automation

1+ week, 4+ day ago   (684+ words) AI is a “key aspect” of Cambium’s strategy as it targets rapid expansion, CFO Peter Coats told CFO Dive. Cambium CFO Peter Coats aims to create a “North Star” for his C-suite colleagues by deploying artificial intelligence to build key…...

CFO Dive
cfodive.com > news > cfos-build-strong-disclosure-ai-processes-fmi > 828637

CFOs must build ‘strong disclosure’ AI processes: FMI

2+ week, 5+ day ago   (615+ words) To use AI effectively, finance chiefs need to build strong governance and ethical frameworks for the tool, FMI’s Ian Schnoor said. The FMI offers a global program for financial modeling accreditation, a discipline where AI is becoming more entrenched. At…...

CFO Dive
cfodive.com > news > pex-cfo-seeks-craft-ai-shadow-ledger-accounting-expense > 828529

PEX CFO seeks to craft AI ‘shadow ledger’

3+ week, 1+ day ago   (755+ words) Finance chief Luke Pritchett aims to use AI agents alongside the company’s books and to remove manual tasks from his team’s docket. PEX CFO Luke Pritchett is looking to build a “shadow ledger” for his company with the help of…...

CFO Dive
cfodive.com > news > washington-dc-mayor-signs-cpa-licensing-legislation > 827955

Washington DC mayor signs CPA licensing legislation

4+ week, 1+ day ago   (344+ words) The act, which eases educational requirements needed to become a certified public accountant, must now undergo a 30-day congressional review. Once finalized, D.C.’s CPA licensing requirements would largely match those that over 40 states — including neighboring Virginia, Maryland, West Virginia — have…...