Technology news for Australia's largest enterprises
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COVID-19 halts 53% of accounting automation projects
Manual accounting is untenable in a post COVID-19 environment, according to new global research from accounting automation software company BlackLine.
ESET investigates Australians' attitudes to financial technology
According to ESET, financial technology will play a critical role in personal and societal economic recovery in the wake of COVID-19, and it has never been more important that FinTech solutions are adequately protected.
Why automating the finance function is critical for future growth
As well as continually struggling with tedious workflows and manual processing, many finance professionals are still finding it a challenge to complete their month-end close. This is where software can help, writes BlackLine regional vice president for A/NZ Claudia Pirko.
BlackLine enhances support for finance and accounting teams
“The global pandemic is bringing to the forefront what we’ve seen for years. Traditional manual accounting processes are not sustainable."
90% of organisations struggling with financial software, study finds
90% of organisations have experienced challenges around financial closes due to technology issues, according to a new study from Trintech conducted by Forrester Consulting.
The evolving role of the finance department
By bringing their unique perspective and insights to the table, CFOs can help to ensure projects achieve their objectives and realise their full potential for the organisation.
APAC firms cling to manual expense processes - at great cost
Asia Pacific organisations that rely on manual finance processes could be losing as much as US$21.5 billion due to productivity inefficiencies each year.
Video: 10 Minute IT Jams - Who is BlackLine?
In this interview, we speak with BlackLine A/NZ regional vice president Claudia Pirko, who discusses the role of automation and AI in finance departments and how COVID-19 has affected this.
Technology-driven strategies to reduce rostering and payroll complexity
According to research from Ceridian’s 2019 report on the Australian pay experience, 41% of employees felt issues with salary or pay was a main driver of workplace dissatisfaction.
Capgemini empowers clients through global alliance with BlackLine
“This collaboration will play a critical role in the expansion of our finance and accounting capabilities. It is a positive step that enhances Capgemini’s best-in-class Digital Global Enterprise Model, and our Record to Analyse capabilities."
New tech startup looks to help lawyers and finance pros
StructureFlow has launched to market, dubbing itself as a tech startup with the mission of helping lawyers and finance professionals visualise complex legal structures and transactions.
Finance teams take steps to basic automation - Trintech report
“The large number of respondents who indicated that they’re developing automation for their compliance process suggests that organizations are starting to move up the automation maturity curve."
Report: 63% of APAC customers willing to switch to neobanks
Data from the IDC report shows that the rise of digital banking can be partially attributed to the conservative view of the value chain maintained by many traditional banks – leaving them unable to take advantage of potential ecosystem partners.
Tomorrow's CFO: Chief bean counter or strategic change leader?
Finance leaders can play a pivotal role in steadying the ship and steering it safely into the unknown.
The art of EPM in the cloud era
Enterprise performance management: Enterprises want self service access on demand.
Refinitiv announces new market database powered by Google Cloud
The move enables customers to access, query and analyse Refinitiv’s archive of pricing and trading data by using the machine learning capabilities in Google Cloud’s BigQuery.
ExtraHop outlines strong growth in 2019 - expects bumper year ahead
ExtraHop has expects to 2020 to be hot on the heels of a bumper year in 2019, with US$150 million in bookings and more than 40% year-on-year growth under its belt.
AFIN, Ecosystm to bring global fintech marketplace to NZ
According to AFIN, the platform will enable fintechs and financial institutions to leverage technologies such as compliance as a service.
Protiviti & Trintech team to deliver real time finance intelligence
The alliance aims to empower finance and accounting teams to deliver real time intelligence to executives, with the goal of adding strategic value to enterprises.
BlackLine & Workiva integrate financial reporting capabilities
The integration will allow organisations to connect and transfer data between the two platforms, resulting in time savings and risk reduction.
Trintech financial solutions see strong growth across APAC
"Whether companies are looking to accelerate and simplify their existing financial processes or embark on a full financial transformation, the customer conversations have fundamentally evolved. Organizations are looking to build for the future.”
Fintech the new normal, survey finds
"The fact 55% of people use fintech on a regular basis highlights the staggering rate of the digitalisation of our everyday lives,"
Troovo brings robotics-powered payments solutions to enterprises
According to Troovo, globally in 2019, there are 115 billion wholesale payment transactions forecast, and virtual card spending is expected to go beyond $1 trillion by 2022.
How automation can eliminate financial errors
Nearly all C-level respondents agreed that if inaccuracies in financial data were not identified prior to reporting, the impact would be negative.