Press Releases
On July 28, 2025, HelioCampus released an updated product portfolio, including workforce cost analysis and academic cost analysis products, supporting higher education institutions in optimizing cost structures through a data-driven approach.
Teqtivity's analysis found that insufficient collaboration between IT and finance departments causes dual financial losses: a 15%-20% waste of IT budgets and missed substantial revenue from asset management projects. CEO Hiren Hasmukh pointed out that CFOs often view IT as a cost center rather than a strategic partner. One client's IT asset disposition project covered nine offices, processed 4,322 laptops, generated $809,850 in revenue, and sustainably recovered 35,000 pounds of electronic waste.
Revelwood and GENCFO announced their collaboration on August 14, 2025, to jointly host virtual and live events that foster innovative dialogue in finance and accounting, supporting the shift of finance departments from traditional functions to strategic roles.
Yooz introduces Lean Financial Operations™, a CFO-first framework combining AI document intelligence, workflow automation, and security to cut costs, fight fraud, and boost agility. Early adopters report over 90% error reduction.
InfraSight Software Corporation announced on August 21, 2025, the appointment of Charles Portz as Chairman and Chief Financial Officer. Portz, who joined the company's board earlier this year, will succeed co-founder and CEO Tim Martin as Chairman. The company also launched its compute risk management platform and disclosed its patent-protected Workload Compute Unit (WCU) metric.
The World Resources Institute (WRI) released new research analyzing over 1,000 supply chain goals from nearly 700 of the world's largest companies, finding that only 12% of companies have at least one goal focused on 'people,' and 3% commit to improving working conditions or investing in worker skills. The research warns that ignoring the needs of billions of workers in supply chains will jeopardize the achievement of corporate sustainability goals, supply chain stability, and reputation.
AI-native business planning platform Drivetrain released its report on the State of AI in FP&A on August 26, 2025, based on a targeted survey of 258 finance professionals, showing that 79% of FP&A teams already use AI tools, but most applications remain limited to quick-win scenarios such as Excel automation. The report notes that finance teams are preparing for deeper AI integration by adjusting their hiring strategies, and that new roles such as AI analysts will become standard within the next 2-3 years.
On August 28, 2025, TigerEye announced that it has achieved ISO/IEC 42001 certification, the world's first international standard for AI management systems. This certification further strengthens TigerEye's leadership in safe, explainable, and transparent AI, complementing its existing compliance portfolio of SOC 2 Type 2, ISO 27001, GDPR, and CCPA.
On September 4, 2025, Finnt announced the launch of AI Agents for enterprise finance teams, aimed at automating processes such as closing, reconciliation, and accruals, reducing manual work by 90%, and speeding up report generation by 10 times. The product has been applied at Fortune 500 companies, emphasizing Excel auditability and SOC 2 compliance.
Workiva Inc. (NYSE: WK) announced a major platform expansion at the Amplify conference on September 9, 2025, introducing agentic AI, unified data automation, and a modernized control experience designed to help finance, GRC, and sustainability teams streamline complex workflows, proactively manage risk, and deliver insights quickly and confidently.