CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Expenses stories

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NEC New Zealand reports over $1m loss for FY24 amid revenue growth
This month
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displays & projectors
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outlook
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financial results
NEC New Zealand reports a pre-tax loss of NZD $1.098 million for FY24 despite a 9.2% revenue rise, grappling with increased inventory costs and shifting market demands.
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Australian firms' high costs & AI lag spark HubSpot update
Last month
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cx
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martech
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cdp
New HubSpot research reveals rising costs and AI lag as top challenges for Australian businesses, prompting platform updates to bolster efficiency and customer engagement.
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NTT New Zealand reports reduced losses but faces challenges
Last month
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partner programmes
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financing
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outlook
NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.
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Deel announces integration with SAP to streamline HR & payroll
Fri, 30th Aug 2024
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hcm
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api
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sap
Deel partners with SAP to synchronise HR and payroll systems, enhancing data integration and decision-making for businesses through a unified platform.
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AgileHRO launches Payroll Run & Smart Contracts features
Tue, 6th Aug 2024
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hcm
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docusign
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smart contracts
AgileHRO launches Payroll Run and Smart Contracts features, aiming to automate payroll and onboarding processes, reducing errors and increasing efficiency.
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CommBank app adds travel booking & car buying services
Thu, 11th Jul 2024
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cx
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martech
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customers
CommBank’s app now includes Travel Booking and car buying services as it aims to enhance digital engagement among its 8.5 million active users.
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UK business expenses surge 24% due to inflation, says SAP Concur
Wed, 3rd Apr 2024
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sap
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inflation
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report
UK business expenses surged 24% in FY 23/24, double the inflation rate peak, largely driven by increased costs in air travel, entertainment, and car hire, according to SAP Concur.
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Extend launches 'team budgets' to boost autonomy & secure expenses
Mon, 1st Apr 2024
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autonomy
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it budget
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spending
Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.
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SAP Concur & Mastercard unite for streamlined expense process
Wed, 20th Mar 2024
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martech
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commerce systems
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risk & compliance
SAP Concur and Mastercard join forces to simplify expense processes, integrating transactions on corporate cards into Concur Expense to enhance user experience and compliance adherence.
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How empowering your credit control team could lead to profitable growth in 2024
Thu, 25th Jan 2024
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advertising
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strategy
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business confidence
Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.
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Harvey Norman NZ sales dip $100 million in financial year 2023
Tue, 2nd Jan 2024
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harvey norman
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financial results
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expenses
Harvey Norman's NZ sector faces financial woes, reporting a $100m plunge in sales revenue and a 33.6% decrease in net profit for 2023.
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British workers lose £76m a year from unclaimed expenses, reveals study
Fri, 22nd Dec 2023
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risk & compliance
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research
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walkme
Unclaimed expenses cost UK workers an alarming £76 million annually, according to a new study by WalkMe.
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Oracle NetSuite unveils AI-driven enhancements at SuiteWorld 2023 event
Mon, 23rd Oct 2023
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data analytics
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cx
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martech
Oracle NetSuite has showcased AI-driven product upgrades at SuiteWorld 2023, aimed to streamline costs and boost efficiency.
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Cloud ERP platform Wiise launches in NZ, giving business a next step solution
Thu, 5th Oct 2023
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it in manufacturing
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risk & compliance
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ecommerce
Cloud ERP platform Wiise launches in New Zealand, offering tailored solutions for financial services, manufacturing, and warehousing sectors.
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Oracle enhances cloud infrastructure with new developer tools and AI models
Wed, 20th Sep 2023
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genai
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data privacy
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ai
Oracle has upgraded its Cloud Infrastructure (OCI) with new developer tools and AI models for enhancing application development.
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How outsourcing payroll can deliver a measurable ROI
Mon, 27th Feb 2023
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hcm
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outsourcing
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payroll systems
Given payroll's importance and complexity, it's understandable that payroll professionals are under increasing pressure to get it right.
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Whispir reports significant revenue growth as CaaS market expands
Thu, 18th Aug 2022
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fintech
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cloud services
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whispir
Australian cloud platform Whispir achieves record full-year revenue of AUD$70.6m, up 48%, driven by new Communications-as-a-Service offerings.
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One in five Aussies never reimbursed for work expenses
Thu, 23rd Jun 2022
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fintech
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financial systems
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accounting systems
A new survey has exposed Australian employee job dissatisfaction, with many being left out of pocket for work expenses.
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Bulletproof flags wider than expected loss of $2 million
Fri, 7th Jul 2017
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hyperscale
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public cloud
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edge computing
Bulletproof has warned that it now expects a larger loss than originally anticipated at $2 million despite an improved revenue.
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SAP NZ takes massive profit hit with cloud and software revenue down, services up
Mon, 12th Jun 2017
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software
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sap
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services
A rise in services revenue hasn't been enough to stop SAP New Zealand’s profit for the latest financial year crashing 97.5%.