Finance and Business Intelligence News

CFOs Hesitant to Invest in Cloud: Strategist
Investment in cloud computing may be hindered by CFOs who are hesitant to allocate funding to SaaS projects, says a technology strategist.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/G2EJ2VWM_Ac" height="1" width="1"/>

The New New CIO Role: Big Changes Ahead
It's make-or-break transformation time for CIOs. Those who can only take orders are being ousted. Those who seek to become true strategic business leaders should concentrate on four key areas.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/yX6Ogo6dK6I" height="1" width="1"/>

CFO: IT's New Boss?
At a time when automation of business processes was the biggest fad among large enterprises, it was natural for CIOs to report to CFOs because such transformations occurred mostly in the areas of finance, such as in deploying accounting packages.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/nKMes5hG6fY" height="1" width="1"/>

CFOs to CIOs: You Work for Me Now
New research shows that many CFOs are making a power play to take more control of IT. That's not good news for CIOs, but you can fight the trend.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/BggixIi8fsw" height="1" width="1"/>

CIOs Ceding Power to CFOs, Survey Finds
CFOs are the top IT investment decision maker more often than CIOs are, according to new research from Gartner.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/4IP0nkUlFOo" height="1" width="1"/>

Security Pros, Meet Your New Best Friend: the CFO
Executives in charge of information security should make friends with the CFO, who can give them a broad overview of corporate priorities and see to funding the most important IT projects that protect corporate data.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/_qKdes64jZM" height="1" width="1"/>

Microsoft CFO to Leave At End of Year
Microsoft Chief Financial Officer Chris Liddell plans to leave the company at the end of the year after managing the software giant’s finances for nearly five years, Microsoft said Tuesday.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/LDhw4EdslO4" height="1" width="1"/>

New CEO and CFO At Beleaguered Outsourcer Satyam
Troubled Indian outsourcer Satyam Computer Services announced the appointment of a new CEO and chief financial officer (CFO) on Tuesday. The two are former executives of Mahindra Group, the business group in the process of acquiring a majority stake in Satyam.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/mVYFYA-ytiM" height="1" width="1"/>

Nine Ways to Get on the CFO's Good Side During a Recession
IT leaders must prepare to cut costs and communicate their plans with their CFOs in this weak economy. Forrester Research identifies nine ways CIOs can prepare for the looming recession.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/52M4wQaXccc" height="1" width="1"/>

CIO-CFO Cooperation
When the CIO and CFO work together, you get a better-managed company, not to mention a faster financial close.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/ZMaGJdhRyHM" height="1" width="1"/>

How IT Executives Can Help Speed Up Financial Reporting
The benefits of speed in closing financial books are undeniable, and they include better IT-business alignment. CIOs are uniquely positioned to help their organizations reap these benefits. Find out why good integration doesn't always produce fast reporting, and how XBRL can help a company report faster.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/ewHpEOM5wvg" height="1" width="1"/>

Interview with NFL Films CFO Barry Wolper
For NFL Films CFO Barry Wolper, smart IT investments are key to delivering winning multimedia programming in a crowded entertainment field.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/DGzrs8mVhW8" height="1" width="1"/>

Panel: CIO/CFO Collaboration Is a Must
Information and financial executives need to collaborate because as financial management systems grow and mature, they become increasingly connected to technology and information systems, a Industry Advisory Council/American Council for Technology panel said on Wednesday, Federal Computer Week (FCW) reports.Adam Goldberg, the Office of Federal Procurement Policy’s financial integrity and analysis branch leader, said, “The CFO Community can’t ...<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/UQzML2GiMzo" height="1" width="1"/>

Reconciling the Short and Long Term Goals in Transforming the Business
Particularly in health care.<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/tHDyqYAm4tY" height="1" width="1"/>

How to Be a Hero to Your CFO
So your boss is the CFO? This blog’s for you, too. This month’s CFO magazine carries a story called In the Fast Lane, suggesting CFOs may be hot to update something near and dear to their hearts. “While most companies have modernized, digitized, and otherwise Webified their transactional systems,” CFO observes, “the [budget and planning] process remains frozen ...<img src="http://feeds.feedburner.com/~r/cio/feed/topic/1506/~4/ysdbLig2YgQ" height="1" width="1"/>