Finance

 

How COVID-19 Has Changed IT’s Focus, Plans for 2021 (CW)

Bread-and-butter investments to modernise workforce systems and improve IT operations are the post-pandemic focus for IT buyers in North America and Europe, a survey shows.... More

IT Budgets 2020-21: Planning for Business Continuity in Uncertain Times (ZDNet)

The 2020/21 IT budgeting cycle has been disrupted by the COVID-19 pandemic and the resulting global recession, with many companies readjusting their IT spending, headcounts and new... More

How COVID-19 Will Affect 2021 IT Budgets (ZDNet)

As IT budgetary planning for 2021 begins, many organizations are seeing the impact of COVID-19 on their IT priorities and tech spends.... More

Amid Remote Work, CFOs Expected to Impart Digital Change (CIO Dive)

58% of CFOs believe the finance chief is responsible for imparting digital change at his or her company, a recent survey finds.... More

Pandemic to IT: ‘Do More With Less!’ (ZDNet)

As demand for new services is rising, budgets are falling. Business pressures of the COVID-19 crisis are falling at the feet of CIOs and IT. ... More

Genpact, AppZen Partner to Transform Travel, Expense Audit Process (HITS)

Genpact and AppZen announced a partnership to transform travel and expense audit processes, enhancing corporate and regulatory compliance. The two companies will launch a regulator... More

Adobe, IBM Team Up on Marketing Software for Banking Industry (Reuters)

Adobe and IBM are teaming up to make marketing software easier to use for banks that face strict controls on how customer data must be handled. The plan is for Adobe’s software ... More

The New Business Technology Priorities of 2020 (CIO Dive)

Previously-robust technology budgets are hampered by pandemic-motivated cost-saving measures. Cost control is a must, not a nice to have.... More

Global IT Spending Forecast to Drop This Year but Rebound in 2021 (Tech Republic)

Worldwide spending on IT products and services is projected to drop to $3.5 trillion in 2020, a decline of 7.3% from the $3.8 trillion spent in 2019, Gartner said on Monday. Howeve... More

Survey: 94% of CFOs to Change Risk Strategy, Post-COVID-19 (CFO Dive)

More than 90% of CFOs predict their company will change its risk strategy going forward, and risk and trade challenges are top of mind for finance chiefs, a new survey of 250 CFOs ... More

CIOs Lead Digital Transformation, but CEOs Control the Money (CIO Dive)

With CEOs determining budget priorities, the CIO role will lead organizations as they prioritize the initiatives that can quickly deliver value ahead of an uncertain economic futur... More

How Do CFOs Reshape Today to Reinvent Their Tomorrow? (EY Blog)

For many companies, the economic impact of COVID-19 has pushed the need to reimagine, reshape and reinvent future financial and investor fundamentals to the top of the boardroom ag... More

Growth Driving Technology Spend as Appetite for Digital Transformation Increases (CIO Dive)

From the CFO perspective, technology investments can link directly to serving the customer or end user. It's a push to tie technology to business outcomes, rather than treating IT ... More

CFO, CIO Collaboration is Crucial Amid COVID-19 (CFO Dive)

The CFO is adept at measuring costs, managing the balance sheet and navigating murky waters. But determining capabilities and staying ahead of tech trends requires partnership with... More

DXC Technology Launches Insurtech Contest (IN)

DXC Technology announced the launch of its annual contest for promising insurtechs, including those from Australia and New Zealand. The third edition of the global DXC Invitational... More

11 Ways to Cut Hidden Fat From Your IT Budget (CIO)

As the economy takes a turn and IT budget forecasts slip downward, it’s time to tighten up your technical stack — before the CFO comes calling.... More

Cognizant to Acquire Consultancy Collaborative Solutions (HITS)

Professional services firm Cognizant is set to acquire Reston, Va.-based Collaborative Solutions, a consultancy that specializes in enterprise cloud applications for finance and hu... More

How the CFO is Shaping the State of Business Digitization in 2020 (Tech HQ)

The Chief Financial Officer is feeling the weight of responsibility right now. With budgets tightening and profits slowing in the face of an impending recession, they are probably ... More

Survey: CFOs Looking to Make Remote Work, Telecommuting More Permanent Following COVID-19 (ZDNet)

The new normal telecommuting may be a bit more permanent than realized, as 74% of CFOs say they expect to move previously on-site employees remote post-COVID-19, according to a Gar... More

Disrupted IT Managers Contend With Hardware Constraints (CIO Dive)

For some companies, stay-at-home orders are a minor disruption. Their workforces were already primed to operate remotely; workers simply took their laptop home and hunkered down to... More

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