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News
Finance teams still wary of giving AI control: PEX
3+ day, 1+ 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
4+ day, 1+ 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…...
CFOs are budgeting for AI with an old SaaS playbook. That’s a mistake.
5+ day, 7+ 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, 5+ 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, 5+ 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…...
EY earmarks $100M in rewards for ‘future-focused’ employees
1+ week, 5+ day ago (298+ words) The Big Four accounting firm says it’s focused on rewarding employees who drive “meaningful change” through innovation, disruption, technology or growth. The move is part of ongoing multi-billion dollar investments designed to attract and develop talent who can “thrive in…...
CFOs must build ‘strong disclosure’ AI processes: FMI
2+ week, 6+ 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, 2+ 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…...