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

IT Debt stories

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Zeller app launches mobile invoicing to tackle AUD $115bn debt

Mon, 26th May 2025
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Zeller launches mobile invoicing in its app to help Australian SMEs tackle AUD $115bn in late payments, boosting cash flow with faster invoice settlements.
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Veracode unveils new AI-driven features for Veracode Fix

Tue, 3rd Dec 2024
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Veracode has unveiled enhancements to its AI-powered coding solution, Veracode Fix, aiming to cut vulnerability remediation time drastically.
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Study reveals severe security flaws in finance software

Thu, 31st Oct 2024
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A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.
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Technical debt hinders modernisation of identity systems

Thu, 31st Oct 2024
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A survey by the Cloud Security Alliance reveals over half of organisations see technical debt as the main barrier to modernising their identity systems.
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Forrester's 2025 predictions reveal mixed trends in AI & tech

Wed, 11th Sep 2024
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Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
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Accenture report reveals legacy tech debt hindrance for CSPs' growth

Thu, 29th Feb 2024
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Accenture report reveals over 75% of Communication Service Providers grapple with legacy tech debt, impeding growth and business agility, despite strive for IT transformation.
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Keeping pace with innovation in IT and security

Mon, 5th Feb 2024
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Organisations face technical barriers in the push for IT improvement and new security methods, yet the rising importance of non-technical factors in technology procurement may aid transformation.
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Tech debt stalls transformation for global businesses

Wed, 18th Oct 2023
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DXC Technology reveals new insights on the impact of tech debt and a four-step plan to pay down today's debt and discourage it in the future.
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Cost reduction and digital transformation: It’s not sexy, it’s pragmatic

Thu, 23rd Feb 2023
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Companies have shifted focus to cost optimisation in the face of economic headwinds. Here are strategies for maximising cost savings in digital transformation.
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Application Portfolio Management: A quick win today or a crisis tomorrow

Wed, 23rd Nov 2022
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It’s highly likely that Application Portfolio Management (APM) isn’t at the top of your to-do list. It may not even be on your list anymore.
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Common challenges in the evolving digital world, and how to overcome them

Thu, 11th Aug 2022
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Companies faced with the challenge of digital transformation are encountering issues such as talent shortages and technical debt.
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Ready to grow: How optimising accounts receivable can put your organisation in a prime position

Wed, 6th Apr 2022
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Up to now, the automation wave has largely bypassed the accounts receivable department but it’s time that changed.
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Start-up raises 1M, looks to save enterprises from technical debt

Mon, 6th Apr 2020
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Quality Clouds secures GBP £1M in seed funding to tackle technical debt for enterprises using low or no code SaaS platforms like ServiceNow and Salesforce.
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NZ small businesses struggle with serious debt

Wed, 19th Dec 2018
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Small businesses in New Zealand are grappling with severe debt issues, particularly over the Christmas period, warns advisory firm NexGen Group.
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NEXTDC enters $100 million secured debt agreement to continue growth

Fri, 12th Aug 2016
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NEXTDC increases working capital, as company announces a $100 million senior secured debt facility agreement with National Australia Bank.
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Do you know your 'IT debt'?

Thu, 31st May 2012
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Two thirds of kiwi IT decision makers users don’t know what it would cost to bring their application portfolios up to date.