Capital Management stories
Hiring now takes about three weeks at New Zealand's largest privately owned primary healthcare group after it replaced slow legacy HR systems.
Staff at FMG can now update leave and pay details in one place after the insurer replaced legacy HR systems with Workday.
Disconnected payments and data systems are slowing claims settlement and trapping capital across insurance finance operations, the paper says.
Unhedged currency swings still cost firms nearly GBP £1 million each, as finance teams lift protection to the highest levels in over a year.
The software group is reshaping its senior team as it seeks faster growth across virtual labs, training and AI-related services.
The hire signals Degreed's push to turn workforce data into actionable AI tools as employers demand clearer skills insights and training results.
A finance handover comes as Skillsoft sells Global Knowledge and sharpens its focus on skills management and workplace learning.
Employers may be underestimating training needs, as a survey found employees far less confident than HR leaders about AI readiness across Asia-Pacific.
Businesses are struggling to deploy AI safely as security fears now outrank cost, with 48% naming them the chief adoption barrier.
Businesses could see faster, cheaper international payouts as the tie-up lets funds settle through local clearing systems rather than correspondent banks.
Eligible mutual policyholders will share in the largest programme payout yet, with credits lifted by low losses and added risk mitigation effort.
Errors in hourly workers' pay could be flagged sooner, as the new system analyses runs against five years of history before payday.
The move could speed finance closes and ERP migrations for customers as SAP ties more than 50 assistants to business data and controls.
AI will strip out manual work in accounts payable, but finance leaders must decide whether to cut headcount or turn the function to oversight.
Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.
Many firms are foregoing interest and leaving surplus funds idle, as 64% of UK SMEs keep some or all cash reserves in current accounts.
The hires bolster Accordion's push into AI-driven finance work for private equity clients as demand grows for tighter reporting and faster exits.
Financial stress is now hitting productivity and loyalty, with 91% of workers saying tailored benefits could sway them to change jobs.
US mid-market firms get AI-driven finance, HR and construction tools in one platform, aimed at cutting manual work and improving visibility.
Many firms are spending heavily on AI tools, but weak training is slowing gains and prompting more staff to seek skills elsewhere.