CFOtech Australia - Technology news for CFOs & financial decision-makers

Expenses stories

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How empowering your credit control team could lead to profitable growth in 2024
Last month
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business
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strategy
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advertising
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
Last month
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nz
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harvey norman
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retail
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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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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big data
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bi
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cx
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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cloud services
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microsoft
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it in manufacturing
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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cloud services
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ai
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privacy
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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payroll systems
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outsourcing
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investment
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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cloud services
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finance, leasing & rental
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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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accounting systems
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digital banking
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employment
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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managed services
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cloud services
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public cloud
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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nz
A rise in services revenue hasn't been enough to stop SAP New Zealand’s profit for the latest financial year crashing 97.5%.
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Cisco NZ back in black as sales and profit increase
Tue, 24th Jan 2017
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cisco
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nz
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services
Cisco Systems New Zealand is back in black, recording a profit for the latest financial year and arresting decline in sales.
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JB Hi-Fi NZ profit slumps despite revenue growth
Mon, 23rd Jan 2017
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jb hi-fi
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dick smith
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nz
JB Hi-Fi NZ has seen its final profit for last financial year almost halved, despite an 11% rise in revenue and a jump of nearly 13% in gross profit.
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Local Gartner revenue, profit rise on back of program and event gains
Mon, 3rd Oct 2016
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gartner
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expenses
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revenue
How much is industry intelligence worth? Gartner Australasia's latest financials shed light shed light on demand for analysis - and industry events.
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Increase in corporate travel requires better tech, says Concur
Tue, 17th May 2016
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concur
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business travel
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expense management
Business travel is on the rise, highlighting the need for technology platforms to make the process more efficient, according to Concur.
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Cisco NZ takes a hit as revenue drops and losses increase
Wed, 16th Mar 2016
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cloud services
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nz
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cisco
Cisco Systems NZ faces financial woes as revenues fall 11% to $22.2m and losses soar by 162% to $804,635 in the 2015 fiscal year.
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Trade Me annual profit flat as increased expenses curb revenue growth
Thu, 20th Aug 2015
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nz
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trade me
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expenses
Trade Me posted a similar profit for its 2015 financial year to 2014 as increased spending ate into bigger revenues.
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GeoOp widens annual loss as it chases US customers
Thu, 11th Jun 2015
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shares
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capital raising
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expenses
GeoOp, the workforce management app, widened its annual loss as it invests in product development and adding new customers.
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F&P Appliances records surge in global sales, narrows full-year loss
Thu, 2nd Apr 2015
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fisher & paykel finance
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r&d
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nz
Fisher & Paykel Appliances, the Auckland-based manufacturer and consumer credit company owned by China's Haier Group, narrowed its full-year loss in 2.
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Anzco posts weaker 2014 profit after taking control of Five Star Beef
Tue, 31st Mar 2015
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japan
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silver fern farms
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nz
Anzco Foods, New Zealand's third-largest meat company, said profit halved in 2014, a year in which it bought out shareholder Itoham Foods' half stake.
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Kathmandu slows pace of store openings after first-half loss
Tue, 24th Mar 2015
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shares
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sales
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tax
Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.
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Airways 1H earnings fall 36% as new businesses miss forecasts, costs rise
Fri, 13th Mar 2015
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government
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business
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airways corp of new zealand
Airways Corp of New Zealand, which is in charge of the nation's air traffic control, posted a 36 percent decline in first half profit as its investmen.
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Callaghan quizzed by MPs over 'failures,' grants to foreign companies
Thu, 12th Mar 2015
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callaghan innovation
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grants
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government
Callaghan Innovation, the government backed innovation hub, faced questions this week from opposition MPs about why it had funded companies that subse.
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NZ govt posts small surplus in 7 mths to January as tax take swells
Wed, 11th Mar 2015
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government
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nz
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fy
The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.