Financial Management stories
Most finance professionals now use AI, but 93 per cent worry its outputs may be inaccurate or biased, a new survey finds.
Rising AI bills are outpacing controls, with 72% of companies hit by surprise cost spikes and only 13% able to see spending clearly.
Most finance teams want clearer returns and tighter controls before committing more budget, despite broad plans to raise AI investment.
Businesses using Google Cloud AI tools can now spot unusual charges sooner and halt billable usage once spending hits a set cap.
The retailer says the new platform cut manual checks and held up through Black Friday, easing strain as sales surged across five markets.
The wellness brand has cut technology costs by 45% after replacing disconnected systems with a single cloud platform across finance and supply chain.
The framework urges finance chiefs to judge AI by completed work, reliability and total task cost rather than licence or user counts.
Flexera's new chief executive takes over as customers face mounting pressure to rein in cloud and AI spending across sprawling technology estates.
North American customers can now trial the new environment as Oracle NetSuite adds conversational AI and finance automation tools across its software.
Cash reserves now cover ION Video's plan to at least June 2027 after it posted positive operating cash flow and became debt-free.
Lower operating costs and foreign exchange gains helped offset softer sales, leaving net profit up to NZD $2.34 million as assets grew.
Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.
The overhaul has already triggered nearly 3,900 workflows and onboarded more than 10,000 suppliers, tightening controls across campus operations.
The overhaul will replace systems used by 15,000 staff and add STEM events for up to 2,500 children across Cardiff.
Professional services firms could cut manual handovers and lift billable time as Certinia folds Moonnox into its AI platform.
Boards may question finance AI programmes unless spending shifts from efficiency gains towards better decisions and growth, Gartner said.
Finance teams can now track AI costs across providers, with Ramp saying its tool can flag waste and cut monthly spend by 12%.
Hidden legacy systems are draining budgets through maintenance, manual workarounds and cyber risk, turning deferral into an expensive future liability.
Professional services firms can now query their own data in plain English, with early users already checking cash flow, staffing and overdue invoices.
Expansion across Ireland is being targeted as Steve Boyes takes charge of Envisage's leadership, sales growth and customer service.