Innovate: How to Speed Up Your Financial Processes

A financial innovation that will drive value for your business – Process improvement can yield high returns with little or no capital investment.

We live in a world of scarce resources. One of the major challenges business leaders face is how to drive great results with limited capital. In the race for resources many businesses don’t place enough value on preparing timely and accurate financials. This is an area where a limited investment in capital can create large returns for the business.

Every minute spent reviewing the past is a minute not spent on building your future.

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The Sweeping Change in Finance

The environment we find ourselves in today validates how important it is that we continue to accelerate the adoption of the trends noted in this article. Some of our businesses won’t survive unless we do. Learn where your CFO suite fits into these trends and what you can do to accelerate them.

Decision support is moving finance beyond the traditional governance model.

There are big changes afoot in finance. Accounting, Finance and Treasury departments are moving forward by creating value for the businesses they serve. Technology, better developed models, broader training and the eclectic nature of today’s finance professionals have put this movement into full gear.

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Gustavo’s Corner:  AI News for CFOs - #15

Gustavo’s Corner:  AI News for CFOs - #15

This edition highlights how AI platforms are moving deeper into finance, business operations, legal workflows, and infrastructure strategy. Claude and Perplexity are expanding agentic finance capabilities, OpenAI is improving reliability with GPT-5.5 Instant, Anthropic is packaging automation tools for small businesses and legal teams.

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Beware of Misguided Accountants – A Case for Improving Your Costing System

A paradox which continues to puzzle me is how chief financial officers (CFOs) and controllers can be aware that their managerial accounting data is flawed and misleading, yet not take action to do anything about it.

Now, I’m not referring to the financial accounting data used for external reporting; that information passes strict audits. I’m referring to the managerial accounting used internally for analysis and decisions. For this data, there is no governmental regulatory agency enforcing rules, so the CFO can apply any accounting practice or cost allocation method that he or she likes.

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