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