Financial Management stories - Page 2

The Canadian government leverages secure cloud infrastructure like Snowflake to boost AI in public services, enhancing security and efficiency nationwide.

Alok Garodia joins FLOW Digital Infrastructure as CFO to boost growth and expand its data centre operations across Asia Pacific, backed by PAG's strong capital.

Commonwealth Bank will cut interest rates on eligible variable-rate business loans by 0.25% from 22 August 2025, following the RBA's recent rate cut.

Exception reporting is now vital for finance teams, providing real-time alerts on anomalies to prevent costly delays and breaches, boosting business growth.

Australian firms face soaring cloud costs, with spending set to hit A$26.6 billion in 2025; intelligent observability and FinOps are key to cost control.

Panasonic New Zealand reports a net loss of NZD $4.57 million for 2025, hit by a 25% revenue drop and rising costs, reversing last year’s profit of NZD $1.67 million.

Osome and Aspire have expanded their partnership to automate SME finance tasks in Singapore and Hong Kong, cutting weekly admin time by up to six hours.

Small business tax refunds surged by 75% in Q1 2024, with average returns reaching AUD $5,000, reveals CommBank data on Australian financial year start.

McInnes Wilson modernises its practice management with a cloud-first system using Actionstep, Elite 3E, and NetDocuments, boosting scalability and client service.

Ofload has appointed Harmen Fredrikze as its new CFO to strengthen leadership amid growth, bringing over 20 years' experience in global tech and software firms.

Deloitte and Palantir have launched an AI-powered Enterprise Operating System to help government and commercial clients enhance data insights and operational efficiency.

The University of Melbourne cuts IT costs and avoids forced upgrades by adopting Rimini Street support for its customised Oracle ERP systems, boosting digital services.

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.

Deel launches AI upgrades and pay flexibility tools, enabling Australian firms to streamline global payroll and access international talent with ease.

MYOB launches Solo Money in Solo app, offering Australian sole traders a business account with integrated banking and accounting from July 2025.

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.

Expense reporting is evolving from a compliance task to a strategic tool, boosting business resilience, efficiency, and growth through real-time insights and automation.

Insight completes a major digital overhaul of the AROYA cruise ship, enhancing passenger experience with advanced IT systems in just 11 months.

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

One Click Group has integrated ConnectID to enable faster, safer identity checks, streamlining tax and financial services verification across Australia.