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News
Intuit CFO outlines bid to build an ‘end-to-end consumer platform’
2+ day, 3+ hour ago (483+ words) Speaking at a Goldman Sachs conference on Thursday, Sandeep Aujla said Inuit aims to retake market share in the consumer tax space and attract business customers. Intuit CFO Sandeep Aujla admits the company has lost market share in its consumer…...
CFOs expect AI costs to rise through 2027
3+ day, 16+ hour ago (509+ words) In a Deloitte survey, nearly two-thirds of respondents expect AI-related costs and operational complexity to rise in the new year. Many are still prioritizing the technology anyway. The cost of using the latest artificial intelligence tools is rising, and many…...
How CFOs can get more value from finance process automation: Metric of the Month
4+ day, 16+ hour ago (520+ words) Finance leaders should start by understanding where the returns come from and planning for role changes. Finance process automation is generating strong returns, but maximizing the value requires CFOs to understand what is driving those gains and to make deliberate…...
Meta’s accounting chief shares how he’s working toward continuous close
1+ week, 4+ day ago (1134+ words) On a recent webinar, Aaron Anderson shared how Meta is moving artificial intelligence into accounting while trying to keep controls and reporting intact. Meta, along with the company’s finance team, is dealing with a lot of moving pieces right now....
Private equity swaps software for energy: Cherry Bekaert
2+ week, 3+ day ago (569+ words) In the accounting firm’s mid-year report on PE transactions, researchers detected a notable decline in software-related deals and an equally notable surge in energy-related deals. Is private equity’s love affair with the software industry over? Perhaps not yet, but recent…...
New York beats out San Francisco for top tech talent hub: Trial Balance
2+ week, 5+ day ago (508+ words) AI hiring and a growing appetite for tech talent among financial services firms are helping shift the center of the tech workforce to the East Coast. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to…...
Want a board seat? Xero’s CFO says being a good operator isn’t enough
3+ week, 1+ day ago (1474+ words) Claire Bramley says CFOs chasing board seats need to show they can think like enterprise leaders, not just modern finance leaders. Being good at the CFO role doesn’t necessarily mean you’re ready for a board seat, according to Claire Bramley,…...
Texas CFOs reckon with the rise of ‘shadow finance’
3+ week, 2+ day ago (697+ words) Recent CFO Alliance meetings in Houston, Dallas and Austin show finance chiefs putting new guardrails around AI as adoption outpaces governance and ROI. Like finance leaders around the globe, CFOs across Texas are trying to get their arms around a…...
Definition of ‘AI company’ is fast growing more inclusive
3+ week, 2+ day ago (425+ words) For almost half of the S&P 500, artificial intelligence is vital to their business models, investment theses or growth prospects. Remember when there were “internet companies”? And then, before you knew it, just about every company was heavily leveraging the…...