AI-curated news for your industry

Cherry Bekaert has launched its Finance Modernization solution, aimed at equipping mid-market CFOs with a scalable, outcome-driven framework. The service prioritizes people and processes over technology, offering a roadmap for growth, ROI within 90 days, and long-term improvements. The firm's advisors will work alongside finance teams to ensure sustainable adoption.

A global survey commissioned by Basware and conducted by Financial Times Longitude shows that the return on investment in AI within fintech is as high as 136%, meaning every $1 invested saves over $1.36 within three years. The survey covered 400 global CFOs and found that 82% of heavy AI investors saw revenue growth, and 53% saw gross profit improvement. Basware also launched InvoiceAI and two AI agent products, disclosing its data foundation of processing over $10.1 trillion in business spending over 40 years.

First National Capital Corporation (FNCC) released the "ERP Financing Trends and Benchmarks 2025" research report on June 13, 2025. Based on data from over 250 recent ERP implementation projects, the report identifies a systematic disconnect between traditional financing structures and modern implementation needs, and discloses key data: 51% of implementations exceeded planned timelines by an average of 30%, 45% experienced budget overruns, cloud ERP financing share rose from 41% in 2023 to 52%, and traditional capital expenditure models declined from 32% to 24%. The report also provides industry-specific financing trends, ROI benchmarks, and case studies showing how customized financing solutions address implementation challenges.

Candor announced the launch of Impact Shield on June 24, 2025, the first optimization solution for restricted stock unit (RSU) tax settlement. Designed by a team of former institutional traders and engineers, the platform aims to reduce stock price impact during RSU vesting events, helping CFOs protect shareholder value. Candor's analysis shows that improper open market sales can cause public companies to lose 2-6% of their market capitalization each quarter.

Nominal announced a $20 million Series A funding round, led by Next47 with participation from Workday Ventures, Bling Capital, and Hyperwise Ventures. This round brings Nominal's total funding to $30 million. Nominal is an AI-native enterprise resource planning (ERP) startup that aims to automate complex finance tasks for mid-market and enterprise companies through AI agents.

RAAPID announces a webinar aimed at helping Medicare Advantage plans navigate CMS's expanded RADV audits. CMS has extended its annual audits from 60 plans to all 550 plans. The webinar, scheduled for July 23, 2025, will be led by Wynda Clayton, who has over 20 years of experience, and will cover real-time chart reviews, daily compliance processes, and more.

Big Blue Innovations (BBi) and the Construction Financial Management Association (CFMA) announced a new strategic partnership aimed at expanding access to construction technology education and resources. Building on BBi's successful ERP roundtable experience over the past three years, the two organizations will jointly launch a software roundtable series, offering construction professionals a non-sales environment for direct dialogue with software vendors. This collaboration will combine the expertise of both institutions to provide objective, credible technology guidance to CFMA members and the broader industry.

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.