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According to the FinOps Foundation's "2026 State of FinOps" report, AI cost management has become the most sought-after skill for FinOps teams, with 58% of surveyed enterprises listing it as their top priority. The report shows that the proportion of FinOps teams reporting to CTOs or CIOs has risen from 61% in 2023 to 78%, while their management scope has expanded to SaaS, software licensing, and private cloud.
FedEx formally sued the U.S. government on Monday, demanding a refund of all tariffs levied under the International Emergency Economic Powers Act (IEEPA), after the Supreme Court ruled such tariffs invalid. FedEx stated it has paid multiple IEEPA tariffs and requested the court to order U.S. Customs and Border Protection to reliquidate the relevant import entries.
Sandy Peters, Head of Financial Reporting Policy at CFA Institute, writes that SEC Chairman Paul Atkins has revived the "disclosure overload" narrative, but in an era where AI is reshaping information production and consumption, this narrative lacks a technological perspective and empirical support. The article questions the SEC's logic of measuring disclosure burden by page count and advocating for reduced disclosures to increase the number of listed companies, and lists a series of questions the SEC must answer before issuing a concept release.
Gartner released a report on Tuesday stating that modern enterprise resource planning (ERP) platforms are increasingly integrating advanced features such as artificial intelligence, which is expected to deliver tangible outcomes for CFOs. The firm predicts that by 2028, finance teams using cloud ERP applications with embedded AI assistants can increase the speed of financial closing by 30%.
A recent analysis by AI software company Metal found that 85% of Fortune 500 companies mention artificial intelligence in their annual 10-K filings submitted to the U.S. Securities and Exchange Commission, a sharp increase from 29% in 2022. However, the report notes that AI remains largely an "operational tool" and has not yet become a primary revenue driver for most companies.
A survey released Monday by the National Association for Business Economics (NABE) shows that 61% of business economists believe current fiscal policy is too stimulative, and 46% advocate making deficit and debt reduction the top policy priority. The survey was conducted before the Supreme Court ruled most tariffs illegal.
In an interview, Branch's new CFO Matt Peterson pointed out that automation is the core of the company's next phase of growth. Revenue has grown over 1200% in the past three years, and he plans to optimize financial processes and enhance team efficiency through automation, emphasizing that ROI is not the only consideration.
CPI Card Group disclosed last week that Chief Financial Officer Jeffrey Hochstadt departed on February 13, and the company appointed Terra Grantham as interim CFO. Hochstadt will serve as an advisor until the end of June. The company plans to release fourth-quarter and full-year earnings on March 5.
The EU suspended progress on the framework trade agreement with the US due to uncertainty caused by the US Supreme Court ruling and Trump's new 10% global tariffs. The European Parliament postponed the vote, and the EU demanded that the US adhere to the agreement's caps.
This article explores how the finance function can transform from a traditional cost center into a strategic core for value creation in the era of artificial intelligence. Through automation, augmented intelligence, and human-machine collaboration, the finance department will be able to provide real-time insights, forward-looking recommendations, and proactively shape market influence, ultimately achieving a comprehensive value leap for finance itself, the entire enterprise, and the external market.