Today’s chief financial officers are as different from 1970s bean counters as apples are from oranges. In an operational landscape marked by ongoing uncertainty and a sea change of macro shifts, modern CFOs have had to adapt to a new world of business realities —...
JustPaid has launched a billing platform application programming interface (API) that helps businesses automatically track product usage and generate invoices. It does so by uploading usage data through an API integration, the artificial intelligence (AI)-powered finance startup said in a Tuesday (April 9) press release. “By enabling...
Data management firm PRGX unveiled an artificial intelligence-powered accounts payable platform. Called Supplier Connect, the platform aims to foster more collaboration and efficiency in invoice inquiry and dispute management, PRGX said in a Tuesday (April 9) news release. Supplier Connect streamlines manual processes into AI-driven workflows that handle supplier...
Kyriba has added artificial intelligence (AI) features to its platform that helps chief financial officers, treasurers and IT leaders optimize their liquidity. The new AI functionality improves cash forecasting, bank connectivity-as-a-service and custom report generation, the company said in a Tuesday (April 9) press release. These...
Generative artificial intelligence (AI) is igniting a new era of innovation within the back office. No legacy process is safe. And this is particularly true for accounts payable (AP) programs, where AI, coupled with advancements in deep learning, computer vision and natural language processing (NLP),...
There are three fundamental dimensions to business performance: financial, operational and cultural. These pillars can also be compared to the long-standing management framework of people, processes and tools. But what is most important is that the rapid transformation of the business landscape has increasingly reframed the calculus...
Payroll infrastructure company Check has teamed with Wave, a money management platform for small businesses. The collaboration, announced Wednesday (April 3), will let the more than 300,000 small businesses using Wave access “full-service payroll functionality” in all 50 U.S. states. “Payroll has long been a growth hurdle...
Amidst the shifting tides of technology, finance and business strategy, savvy CFOs need to sharpen their operational toolkits — or risk being swept away. “Change has been the only constant over the past three to five years,” Amy Wang, CFO at Procurify, told PYMNTS for the series:...
Historically, the chief financial officer’s responsibilities were confined to accounting and financial oversight. However, the rapid pace of technological advancement and the increasing complexity of the global market have expanded the CFO’s role. Today’s financial chiefs are pivotal in driving business strategy, managing risk and...