Finance stories - Page 2

Australia enforces Public Country-by-Country Reporting from 1 July 2024, requiring large multinationals with AUD $10M+ revenue to disclose tax data publicly.

SEMI appoints Greg Barrett as Chief Financial and Business Operations Officer, tapping his 30 years in semiconductors to steer financial strategy and growth.

Repetitive tasks in UK finance departments cost businesses GBP £179 billion annually, harming productivity and driving 74% of workers to consider quitting.

A study reveals startups using debt financing see faster growth and up to 49.7% higher valuations than those relying solely on equity funding.

AI boosts efficiency in professional services, but human expertise and trust remain crucial, driving a new value and pricing model in law and finance.

Workday and Kinaxis partner to unify supply chain, finance, and workforce data with AI, enabling faster, smarter organisational decision-making amid disruption.

AI-driven predictions of supplier payment timing boost cash flow forecasting for manufacturers, enhancing working capital and supplier relations.

AI use in finance has surged to 72%, with CFOs leveraging it for resilience, risk management, and navigating tariff-driven economic challenges.

Bitcoin's soaring highs spark questions of timing and risk; a calm, disciplined plan beats chasing peaks in the unpredictable crypto market.

FICC proposes new Collateral-in-Lieu service to cut double-margining, boosting capital and margin efficiency ahead of US Treasury Clearing mandate compliance.

Rising digital complexity forces firms to rethink identity security, balancing human and machine access with agility and clear business outcomes.

Wiise appoints Sullivan McIntyre as Chief Product Officer to lead AI-driven ERP innovation for Australian and New Zealand SMBs.

Fergus has appointed Hugh Walker as Head of Customer Experience to lead customer teams and enhance its job management software platform globally.

Outpost24 appoints Ariel Katz as Chief Corporate Development Officer to lead strategic growth via mergers, acquisitions, and partnerships in cybersecurity.

BillingPlatform launches RevenueIQ, an AI suite to help finance teams automate tasks, predict trends, and optimise cash flow using billing data analysis.

DXC Technology and Boomi partner to modernise enterprise IT, combining AI and cloud-native solutions for seamless system integration and faster decision-making.

Adobe unveils Acrobat Studio, merging PDF tools, creative content, and AI to enhance productivity and collaboration for work and personal projects.

Japan International Cooperation Agency adopts Finastra's Loan IQ platform to enhance private sector lending in developing countries, boosting efficiency and scalability.

New Zealand firms rapidly adopt AI in finance and HR, but 88% stress the need for human oversight amid ethical and security concerns.

Sage unveils AI-driven features in Sage Intacct to streamline finance tasks, speed up processes, and provide sustainability insights for UK and global teams.