TelcoNews Australia - Telecommunications news for ICT decision-makers

Chief Financial Officer (CFO) stories

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AI drives surge in complex software pricing models

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AI pushes software sellers towards hybrid billing as usage charges jump sevenfold and finance teams face rising invoicing risk.
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Payhawk flags AI governance gap in finance leaders

3 days ago
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Payhawk survey finds 45% of self-described AI leaders in finance lack minimum use rules, exposing a wider gap between ambition and control.
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Prophet guide tackles marketers' measurement blind spots

3 days ago
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data analytics
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Prophet has published a new market mix modelling guide to help marketers prove commercial impact, with examples showing how MMM can expose hidden value in campaigns.
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Xero & Anthropic fuel AI battle in finance software

5 days ago
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Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.
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Opia expands promotion cover as brands seek budget certainty

Last week
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Opia widens promotion protection for brands as volatility, inflation and fraud fears push marketing teams to seek tighter budget control.
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Private equity-backed firms trail venture rivals on AI

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Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.
Pete shimer

Cisco appoints Pete Shimer to board & audit committee

Last week
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Cisco adds Deloitte veteran Pete Shimer to board, strengthening audit oversight as the networking giant pushes into AI-driven infrastructure.
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Ripple adds digital asset accounts to treasury platform

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Ripple Treasury adds Digital Asset Accounts as finance teams get a single view of cash and crypto balances across banks, custody providers and onchain wallets.
Matt lovell

AI is now a capital allocation decision, and CFOs are setting the terms

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CFOs across Australia and New Zealand are tightening AI spending as new research shows weak returns, poor data readiness and rising demands for accountability.
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Ripple launches digital asset tools for treasury teams

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Ripple adds digital asset treasury tools for CFOs, bundling XRP and RLUSD with cash in one dashboard as stablecoin use rises.
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Multiplier buys Oxygen Advisors in sixth global deal

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Multiplier expands in New Zealand with Oxygen Advisors buyout as the startup-focused accounting firm joins its global roll-up.
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Aquablue opens Morristown HQ after 40% workforce rise

Last month
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network infrastructure
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hybrid & remote work
Aquablue opens Morristown headquarters as Chief Executive Officer Chris Marino hails expansion after workforce growth of more than 40%.
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Why AI is still delivering in parts of finance, not across it

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Finance leaders are finding AI speeds up reporting and forecasts, but fragmented data, workflows and governance still block wider adoption.
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Tether appoints Big Four firm for first full audit

Last month
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Tether hires a Big Four auditor for its first full independent review of USD₮, backing more than USD $184 billion of the leading stablecoin.
Bruce felt

Kong hires Bruce Felt as Finance Chief for growth push

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Kong hires veteran finance chief Bruce Felt, whose record of steering three software groups to IPOs bolsters its expansion in API and AI tools.
Zalos founders william fairbairn and hung hoang

Zalos raises USD $3.6 million for finance AI agents

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Zalos secures USD $3.6 million seed funding to build AI agents that automate complex finance workflows across legacy enterprise systems.
Ledger

Ledger appoints John Andrews as CFO in New York push

Last month
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Ledger names John Andrews CFO and opens a New York office, boosting its US institutional push in digital asset security infrastructure.
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CFOs face AI talent squeeze amid market volatility

Last month
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CFOs rank AI skills and market shocks as top threats, as talent shortages, rising costs and geopolitical turmoil squeeze finance teams.
Kristen pimpini

Workiva appoints Kristen Pimpini to lead APJ growth

Last month
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partner programmes
Workiva names Kristen “KP” Pimpini to spearhead APJ sales and operations, backing its AI-powered reporting push across key regional markets.
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Acusensus adopts NetSuite to drive global ERP growth

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Acusensus turns to Oracle NetSuite to unify global ERP, cutting month-end close by 60% and tripling invoices as it scales worldwide.