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Cybersecurity ops budgets expected to climb: KPMG

CFO Dive

The average annual budget for SOCs — a one-stop shop for managing cyber threats — is $14.6 million, according to a KPMG survey of large firms.

Budgeting 241
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AI dominates CFOs’ 2024 budget hike plans

CFO Dive

The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

Budgeting 259
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How AI is raising the bar for CFO budget planning

CFO Dive

AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.

Budgeting 257
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Companies boosting tech budgets despite recession risk

CFO Dive

companies are expanding their technology budgets to drive growth, PwC found in a survey. Despite the prospect of recession, more than half of U.S.

Budgeting 244
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Your Guide to Creating a Travel Policy

Learn to craft a travel policy that fits your budget and makes travel management simple. Navigating travel expenses can be challenging, but our workbook offers a clear path forward. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively.

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Top-down budgeting vs bottom-up budgeting: Which one is best for your business?

CFO Dive

In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business.

Budgeting 192
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Ballooning AI budgets expected to face ROI pressure

CFO Dive

As corporate AI expenditures grow, they will likely come under increased scrutiny in earnings calls, Gartner’s Frances Karamouzis said.

Budgeting 181
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AFP FP&A Guide: Scenario Planning

Inflexible budgets break; scenario planning is a complementary, structured approach to creating flexibility in planning and operations. This guide presents practical, actionable steps to integrate scenario planning into your overall planning process.

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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

From a budget standpoint, US banks are feeling the pinch. Global economic conditions are soft at best. Many US banks are bracing for increased defaults and lower demand for mortgages and other loans as interest rates have increased. The largest banks have increased reserves to protect against deteriorating economic conditions.