Press Releases
Drivetrain Releases Report on the State of AI in FP&A
AI-native business planning platform Drivetrain released its report on the State of AI in FP&A on August 26, 2025, based on a targeted survey of 258 finance professionals, showing that 79% of FP&A teams already use AI tools, but most applications remain limited to quick-win scenarios such as Excel automation. The report notes that finance teams are preparing for deeper AI integration by adjusting their hiring strategies, and that new roles such as AI analysts will become standard within the next 2-3 years.
TigerEye Achieves ISO/IEC 42001 Certification, Setting a New Global Benchmark for Responsible AI
On August 28, 2025, TigerEye announced that it has achieved ISO/IEC 42001 certification, the world's first international standard for AI management systems. This certification further strengthens TigerEye's leadership in safe, explainable, and transparent AI, complementing its existing compliance portfolio of SOC 2 Type 2, ISO 27001, GDPR, and CCPA.
Finnt Launches AI Agents for Enterprise Finance Teams
On September 4, 2025, Finnt announced the launch of AI Agents for enterprise finance teams, aimed at automating processes such as closing, reconciliation, and accruals, reducing manual work by 90%, and speeding up report generation by 10 times. The product has been applied at Fortune 500 companies, emphasizing Excel auditability and SOC 2 compliance.
Workiva launches intelligent finance, GRC, and sustainability solutions to accelerate AI transformation in the CFO office
Workiva Inc. (NYSE: WK) announced a major platform expansion at the Amplify conference on September 9, 2025, introducing agentic AI, unified data automation, and a modernized control experience designed to help finance, GRC, and sustainability teams streamline complex workflows, proactively manage risk, and deliver insights quickly and confidently.
DATABASICS Launches New Expense Card Solution to Reshape Enterprise Spend Management
On September 17, 2025, DATABASICS announced the launch of the DATABASICS Visa® Business Card powered by PEX, a credit-based solution that offers finance teams an embedded card alternative, combining real-time visibility, enhanced control, and faster financial reconciliation. The product is now available to customers in the United States.
Zycus Partners with TransferMate to Launch Zycus Pay, an Embedded B2B Payment Solution
On September 24, 2025, Zycus announced the launch of Zycus Pay, powered by TransferMate, embedding global payment infrastructure into its Source-to-Pay platform. Supporting multi-currency and multi-method payments, it aims to streamline corporate finance and procurement processes.
Survey: 86% of North American Finance Teams Still in Early Stages of AI Adoption
A survey released by Wolters Kluwer at the North American CCH Tagetik inTouch25 conference shows that 86% of North American finance teams are still in the early stages of AI adoption. Among them, 53% are exploring AI use cases, 33% are piloting in specific areas, and only 6% have achieved scaled implementation. The survey also highlights challenges faced by finance teams in evaluating AI return on investment and aligning leadership strategy.
AI-native ERP company DualEntry completes $90 million Series A funding round, co-led by Lightspeed, Khosla, and GV
DualEntry, an AI-native ERP company, announced the completion of a $90 million Series A funding round, led by Lightspeed Venture Partners and Khosla Ventures, with participation from GV (Google Ventures) and others. The company aims to reshape the traditional ERP market with AI and has processed $100 billion in journal entries.
Personiv's Latest Survey: Corporate Executives Double Down on Agility, Technology, and Talent Investment
Personiv's latest survey shows that amid macroeconomic volatility, corporate executives are accelerating investments in agility, technology, and talent. 64% of leaders believe the impact of macro changes in 2025 is "extremely significant," 70% of companies have applied AI, and forecasting and budget optimization have become top priorities.
Raindrop Systems Research: 83% of Procurement and Finance Leaders Feel Responsible for Innovation, but Only 27% Say They Can Fully Deliver
Raindrop Systems has released a research report titled "Ambition and Attrition: Procurement and Finance Leaders Must Bridge the Growing Gap Between AI Ambition and Operational Agility." The survey shows that 83% of procurement and finance professionals feel directly responsible for innovation in their organization's procurement strategy, but only 27% say they can fully deliver under current conditions. The report notes that 55% of organizations still prioritize cost control over flexibility, with 48% of leaders measuring success by cost savings and 43% by risk mitigation.