Achieving a Month End Close in One Day
In this piece Bill Denney, a finance leader living in Green Bay, Wisconsin, describes a successful close, it’s benefits and what it takes to get there.
What does a successful financial close look like?
Unlocking the Power of AI in Finance
Chief Financial Officers (CFOs) are increasingly tasked with making data-driven decisions to steer their organizations towards sustained success. CFOs are eager to leverage Artificial Intelligence (AI) for operational excellence and strategic advantage. I explored this topic with Prashanth H Southekal, PhD, MBA and Tariq Munir. This recap of our discussion provides CFOs with strategies for harnessing AI’s potential.
Gustavo’s Corner: AI News for CFOs - #17
Recent AI developments highlight a growing gap between rapid adoption and public confidence, while enterprise vendors continue to compete aggressively on performance, cost, and control. From new approaches to improving AI accuracy and productivity to debates over regulation, security, and workforce impact, the latest news underscores that AI is moving from experimentation into a broader phase of business transformation. At the same time, rising concerns about governance, trust, and job displacement show that the technology’s long-term implications remain far from settled.
What is Cost Accounting? An Ice, Water, and Vapor Analogy
What is cost accounting? Is it simply a form of accounting for how expenses (e.g., salaries, wages, purchases) are calculated as costs (e.g., products, service-lines, customers)? Is it a method to provide and display visibility and the behavior of costs?
Why AI-Driven Business Models Force CFOs to Rethink ERP Selection and Financial Governance
The rise of AI-driven business models changes how companies interact with their customers, process transactions, and coordinate across business units. These shifts are not minor; most components of business models are substantially impacted. As the underlying structure and interactions of each transaction fundamentally drive ERP strategy, CFOs need to rethink their target operating and business model for the AI-native world.
