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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 261
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How to Avoid Common Pitfalls in Technology Expense Management

E78 Partners

Effective technology expense management is essential for companies looking to optimize budgets and stay competitive in today’s fast-paced digital landscape. Businesses must develop a strategic approach that addresses common obstacles and ensures that technology investments align with their operational goals to avoid these issues.

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US firms with AI budget of $10M or higher to nearly double in 2025: EY

CFO Dive

While AI investments are surging, many companies are failing to invest in infrastructure necessary to optimize the technology, the research found.

Budgeting 304
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Nonprofit Budgeting 101

The Charity CFO

Nonprofit budgeting may be a source of dread for many, but there are ways to make the process (and outcome!) A well-crafted budget is a reflection of your mission and a roadmap to financial sustainability. Start with Your Mission Your nonprofits budget exists to advance your mission. much better.

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CFOs pulled deeper into tech duties

CFO Dive

Digital transformation is another responsibility that has shifted over to CFOs, with 61% now in charge of technology budgeting, spend and approval, a recent study found.

Budgeting 318
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Are you ready for the financial impact of AI on your IT budget?

E78 Partners

While we can all agree that AI’s impact on IT is significant and will continue to grow, are organizations prepared to manage the growing costs on their IT budgets? Estimates suggest that AI projects could take up to 10% of IT budgets yearly, and this figure is likely to increase. Data Pipes.”

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5 CFO tips for boosting tech ROI

CFO Dive

CFOs are overhauling their technology budgets as inflation, slumping economic growth and other external forces jeopardize their earnings targets.

CFO 307