Tag : Finance Professionals

Introducing Lineos, AI Powered by insightsoftware: Transforming Finance Workflows With Actionable Insights
Artificial Intelligence Fintech News

Introducing Lineos, AI Powered by insightsoftware: Transforming Finance Workflows With Actionable Insights

GlobeNewswire
by GlobeNewswire0
Lineos reduces manual tasks and empowers finance teams to boost productivity and uncover hidden potential within their data  insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, announced the launch of Lineos, a suite of AI-driven capabilities designed to enhance insightsoftware’s financial planning and analysis (FP&A),......
Despite Highly Manual Processes, Only 33% of Auditors Say They Use AI, Compared to 76% of Accounting and Finance Professionals
Artificial Intelligence Digital Payments Finance Fintech Investments News

Despite Highly Manual Processes, Only 33% of Auditors Say They Use AI, Compared to 76% of Accounting and Finance Professionals

Business Wire
by Business Wire0
A staggering 73% of auditors still spend more than half their time in spreadsheets, struggling with reconciliations, data extraction, and outdated workflows, according to new research by Trullion, an AI-powered accounting and audit platform. Despite the abundance of Excel-based, manual workflows, only 33% of auditors say they currently use AI.......
Artificial Intelligence Finance Fintech Guest Posts Machine Learning

AI and Machine Learning: Transforming FP&A into a Strategic Powerhouse

Mark Bodger
by Mark Bodger0
By Mark Bodger, Director at ICit Business Intelligence AI is not just a tool; it’s a transformative force that empowers finance professionals to be more strategic, efficient, and impactful. Financial planning and analysis (FP&A) professionals are the backbone of financial decision-making in businesses today, transforming complex financial data into actionable......
Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance Automation
Finance Fintech News

Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance Automation

GlobeNewswire
by GlobeNewswire0
Research reveals gaps and challenges to optimize tax and finance for business growth Vertex, a global provider of tax technology solutions, announced a new survey revealing auatomation and digital transformation are top priorities for driving business growth in tax and finance, but many organizations still have work to do. The......
Brightwave Secures $15 Million Series A to Scale AI-Powered Financial Research Platform
Artificial Intelligence Fintech News

Brightwave Secures $15 Million Series A to Scale AI-Powered Financial Research Platform

Business Wire
by Business Wire0
Backed by Decibel and OMERS Ventures, Brightwave Continues Record Growth with a 4x Revenue Increase Brightwave, the leading AI financial research platform, announced the close of its $15 million Series A funding round. Led by Decibel Partners with participation from OMERS Ventures, this round brings Brightwave’s total funding to $21......
Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years
Finance Fintech News

Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years

Business Wire
by Business Wire0
AI adoption within the Office of the CFO is no longer a question of ‘if’ but ‘when’ and ‘how’ Wolters Kluwer, a global leader in information, software, and services for professionals, published a new research report: AI in Finance, from Skepticism to Optimism. The report explores adoption and sentiment related......
88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows
Business Finance News

88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows

Business Wire
by Business Wire0
New study from Yooz reveals the impact of shifting business priorities on finance professionals, highlighting increased stress levels and workload challenges with the potential of automation to alleviate these pressures. Finance teams face increasing strain as economic pressures and shifting business demands challenge their ability to meet strategic goals and......
Artificial Intelligence Banking Finance Fintech Guest Posts

Keeping up with AI in Accounting: 5 Crucial Skills to Learn

Paul Wnek
by Paul Wnek0
By Paul Wnek, founder, CEO and principal solutions architect at Expand AP A recent World Economic Forum survey showed 85 percent of financial services organizations were using some form of AI and 77 percent believe that AI will become an essential part of their business in the next two years.......
Corrie DeCamp Joins Billtrust as Chief Product Officer
Digital Payments News

Corrie DeCamp Joins Billtrust as Chief Product Officer

PR Newswire
by PR Newswire0
Experienced Product Development Executive Joins Leading B2B Order-to-Cash and Digital Payments Market Leader  Billtrust, a B2B order-to-cash and digital payments market leader, has announced that Corrie DeCamp has joined the company as Chief Product Officer. With over 30 years of experience managing enterprise solutions, she will lead Billtrust’s product strategy and vision and report......
Overburdened and Burnt Out, Finance Teams Call Out for Automation to Address Lack of Resources Driven by Economic Uncertainty: Medius
Finance News

Overburdened and Burnt Out, Finance Teams Call Out for Automation to Address Lack of Resources Driven by Economic Uncertainty: Medius

PR Newswire
by PR Newswire0
55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding......
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