Financial Management stories - Page 4

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

Multi-academy trusts warn finances will worsen in 2025-26, with 48% vulnerable and rising costs forcing cuts in staff and services amid insufficient funding.

Seventy percent of CFOs still rely on Excel for finance despite risks of costly errors, data breaches, and lack of control over critical financial data.

Unit4 has launched its cloud-native ERPx platform on the Microsoft Azure Marketplace, broadening access for organisations worldwide to its AI-powered ERP solution.

IMP Software has earned Certified Vendor status from 9ine, confirming its data privacy tools for schools and multi-academy trusts meet key international standards.

Xledger UK expands its reseller programme by adding five partners to enhance cloud-based finance software delivery for mid-market firms.

Nearly one in three UK employees are regularly chased for missing receipts, highlighting ongoing delays as finance teams rely on manual expense management processes.

UK government departments face a backlog of unpaid invoices totalling nearly GBP £2 million, with some outstanding for up to 18 years, new data reveals.

Eighty-one per cent of European finance teams have increased automation to tackle regulatory pressures, boosting compliance and enabling strategic business roles.

SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.

JLL launches an AI-powered Property Assistant to help managers swiftly access insights, optimise portfolios and boost rental income across retail, industrial, and office sectors.

Workday has launched new Illuminate AI agents to boost HR and finance productivity, streamlining hiring, contracts, and frontline worker support.

Nearly half of UK employees face financial strain paying upfront for work expenses, with delayed reimbursements causing hardship across income levels.

A recent study by Soldo reveals that complex financial processes hinder productivity in the UK's retail sector, with 95% of finance leaders noting lost growth opportunities.

The ICC has launched an enhanced version of its Case Connect platform, powered by Opus 2, to streamline arbitration and improve dispute resolution efficiency.

A new survey by Dext reveals that financial stress is disrupting sleep for 33% of UK SMB owners, as rising costs threaten their cash flow.

ANNA Money has launched its new AI-powered tax solution +Taxes, targeting sole traders and limited companies, attracting hundreds of sign-ups in just two weeks.

Recent vulnerabilities in VMware software highlight an urgent need for businesses to enhance disaster recovery strategies, as threats to security intensify.

As businesses increasingly harness vast amounts of data, CFOs are evolving into tech pioneers, leveraging AI and analytics for strategic decision-making.

UK construction professionals face dwindling productivity, prompting Sage to launch Sage Intacct Construction, a cloud-native financial tool aimed at enhancing efficiency.